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A buy for 7500 shares just went through at $0.0003 = $2.25 .. either someone using freetrade to check how easy buys go through or mm signal or ... ?
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
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I counted sells versus buys about 5 minutes ago and a total of 12 Million shares were sold and 333 Million were bought. Just another day with CMKX. I bought 4 million of those. Looking forward to this being freely traded. -IMO-Debi
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MY RECAP OF IMPORTANT EVENTS In Date OrDer --- Melvins onsite comments with geologist about borings. --- CMKX retaining lawyer --- High tech survey PR --- Correcting AOI === IN ORDER OF IMPORTANCE --- CMKX retaing Lawyer --- High tech survey --- Melvin onsite --- Correcting AOI === SUMMARY The boring smaples showed "something" more than we have been told.CMKX hired an attorney to straighten up paperwork & hired a top of line survey, to see the scope of what they found. The stuffit in your face marketing must be a message to someone. BUYING MORE TODAY VAN
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This was posted on another board by PennyWrangler. Just thought it interesting.
quote:Originally posted by PennyWrangler: After thinking about the PR, I've decided that it fits nicely with the other info I have. The problem was that I didn't anticipate this angle, so I had a major "WTF moment".
Sometimes you think you're thinking outside the box, only to find that the box has moved. I think the buy-out rumor is consistent with CMKX retaining its identity and moving to the AMEX. Part of retaining its identity is retaining its sponsorships and maximizing their impact.
In fact, after more indepth study, I've concluded that this is the ONLY way it could happen given the entity that I believe is acquiring CMKX. They only "own" publicly traded companies, and all of them have retained their individual identity AND their original CEOs , AND simultaniously have been assimilated into a larger organization that nourishes and supports them.
All the pieces are clicking together. Urban gives up some of his control over CMKX in exchange for MAJOR long term backing from a company that has 30 years of experience developing natural resource companies from nothing to major operations. He remains president and CEO. He can still sponsor races and put the Casavant name on diamonds he sells because he retains significant control over the marketing side of the operation. He keeps his shareholders by remaining a public company on a respectable exchange. CMKX gets massive, immediate respect once the "assimilation" is announced. Respect increases the pps.
The part I don't understand is the ~0.50 / share aspect. I guess the acquiring company will buy 51% of the o/s to become the controling entity, and I guess they will do this for ~0.50 like people have been saying. But they could buy all of this from Urban. I don't see why they would give us a tender offer. But either way, the pps will go up substantially when all this comes out, assuming it's true of course
Penny's posts seem to be well respected but of course you need to make up your own mind on how to take it.
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Money_Penny -You are correct. There are a lot of unsubstantiated rumors on this stock. But there is enough substantiated evidence that buying at .0003 looks very attractive to me. I don't want to pay .0003 for more shares because I wanted to get them cheaper if I could. But the flip side is I gladly paid .0011 for some because I see this going much higher.
What has been substantiated is the company has 1.4 acres of mineral rights in the diamondiferous kimberlite hot spot of the world. We know 500 Billion is the authorized amount of shares but don't know the Outstanding count. If 500,000,000,000 shares are out at .0003 that places a value of $150,000,000.00. That still seems cheap to me for the mineral claims that have micro diamonds verified. My unsubstantiated opinion is the share count is much less than the maximum authorized and the diamond news is much better than what has been released. So the worst case scenario is that at .0003 we are valuing the company for $150 Million and that is substantiated. And actually the shareholders would not be entitled to the full $150 M valuation since they have sold out certain percentages to others.
Ond good diamond find is very likely in my unsubstantiated opinion and would easily be worth $$$Billions of dollars. Even with the outrageous 500 B shares out we would see a significant return on investment. And if the share count is lower those numbers improve.
Not trying to influence you to buy or sell just putting out the straight facts.
I hope everyone does well with this. We all have to make our decisions on how we are reading this one. I should be more of a skeptic on CMKX than I am because contrary to how I may be viewed I am not a total Pollyanna. But I trust my instincts to a certain degree and am going for it. GLTA-DD-IMO-Debi
StockGate: Berlin Exchange Welches Again On Promise; Schwab Says Sayonara
Jul 15, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Add Force Protection (FRCP) and Cyber Digital Inc. (CYBD) to what is now becoming a list of companies such as XRAYMEDIA (XRYM) that the Berlin-Bremin Stock Exchange has flatly turned down their demands for delisting, welching on a public promise made to FinancialWire that it would delist any company that requested it.
At the same time, Charles Schwab & Co. (SCH) is exiting the market-making business. It is one of several market makers that have been the subject of accusations and/or legal entanglements over naked shorting allegations and issues.
The company had said it is either the number one or number two market-maker in more than half of all of NASDAQ's (NDAQ) listed stocks.
Recently observers were surprised to find a comment letter submitted to the SEC by Mike Alexander, Senior VP of Charles Schwab, that admits outright that brokerages regularly ignore rules and regulations, saying it is not rules that need to be written; it is changes in behavior that is needed.
The comments were directed towards proposed changes in the U.S. settlement system, but could easily apply to other regulations as well.
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"Lots of negative assumptions-that they are not drilling, not exploring, underfunded and wasting money."
They aren't drilling. They maybe exploring, or they did. But it is obivious they aren't doing anything at the present time.
Have they ever been so desperate as to post racing PR's?
If this is where they are spinning thier elustrious wheels we are all wasting our time.
Wake up and smell the coffee... it isn't sanka!
If you notice that PR wasn't from the attny!
It was from MELVIN.
He is obviously reading the boards and seeing where he is goofing up. From being goofy.
IF (and thats a BIG IF) UC had anything serious intended, he sure in the heck would not leave anything important in Melvins hands. He is only good at ... umm... I have NO idea what he is good at except a laugh.
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I don't know if the company is "not doing anything" as some assert but it sure seems that way. Perhaps the last pump was high enough to sell some shares to support the racing team. I wouldn't be surprised if the next PR announced a change in business plan from diamonds to racing.
IMO, the money dumped into the racing team is a COMPLETE waste of resources. You want your name before the public to advertise your product. It sounds like they are trying to attract investors (perhaps the stock IS the product). While that can help the pps, unless the company is selling stock they see nothing from it. I think this is a clear mis-use of company resources to indulge Urbans hobby. While this is commonly done in non-corporations, and probably legal, for publicly traded corporations you can't just take corporate resources for personal use. I don't buy the rationale that this racing team support is good for the company. It's good for UC, and it MIGHT help the pps a little (although I've seen no evidence of that), but that's all.
I'm glad my remaining shares are free. I'll hold those "just in case" but any others I get will be strictly for swing trades.
[edited to correct spelling errors] ------------------ ~,-,-< GatorMan
[This message has been edited by GatorMan (edited July 15, 2004).]
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armquart backs..? LOL If you take a look at UC's past records, as I have done. He hasn't done a dang thing other than spin his wheels and lost people's $. This is a legit company ONLY if they are drilling. Of which they are not! So they have lost thier legitamacy.
And I still vow to say there isn't any attny. anymore! That is only obvious.
I am hoping the pps goes higher than .0005 so I can bail out.
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We can all agree to disagree about CMKX. I wish I had a free share position but I am just happy to have a position period. I bought 6.4 more today at .0003 and glad to pay it. If it goes down (possible or probable without substantial news) I will buy more. I have 32+ million shares and when everything is verified I think I will be glad I got in when I did. It is funny we all are aware of the same data but just process it differently. Of course I hope I am right and I also hope that the people who don't think much of the company do well too. IMO-Debi
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This isn't a game. This company is onto very big things. We are only 20miles from debeers. We own rights to over 1 million acers. There is plenty of solid valid info out there to show this company is way undervalued. We have one of the top lawyers in the country. PPS by the end of the year... pps by the end of this month?
I am holding a lot more then just free shares on this one.
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Have you ever had a dream to build your own company from the ground up. Have you ever done it? We sit here on our butts in front of a computer screen making a small BET that this guy is going to make his dream come true. If we are so smart and have all the answers why aren't we the ones out there risking everything we have, fighting the never ending battle to make our company a houshold name? Because we don't have what it takes!! I'm hoping Urban does! I'm enjoying the thrill of watching this guy battle against all odds knowing that IF he can do it I will be WEALTHY too. If you don't think he can then go do it yourself. GOD BLESS URBAN!
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quote:Originally posted by GatorMan: I think this is a clear mis-use of company resources to indulge Urbans hobby. While this is commonly done in non-corporations, and probably legal, for publicly traded corporations you can't just take corporate resources for personal use. I don't buy the rationale that this racing team support is good for the company.
I agree with you Gator that this use of the company's money may not be the best (or certainly our first choice) use of company funds. But it's not really accurate to say that this isn't typical for "publicly traded" corporations. I work for a Fortune 500 global company (publicly traded) and our company sponsors one of the teams in the Tour de France. Is that because our Chairman and CEO is pasionate about bike racing and this some hidden dream of his? Who knows. Fact is, our company dishes out money to the cause.
You would be hard pressed to prove in some way that the money spent on CMKX racing is for UC's personal use. As long as the company name is on the side of the car, it's called marketing.
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There is no evidence to show we are not drilling, and that we don't have sample reports ready to be released. It is purely speculation that they are not doing anything. Just because you haven't heard a PR about it doesn't mean it's not happening. Urban's not going to release any more info on the diamonds until the O/S and naked shorting is taken care of. There's not point to release it. As I said earlier, there's not support for the pps to go up so why release good news if it's not going to affect your PPS positively. He'd rather wait until that important info is disclosed and the market is ready to support an increase in PPS.
If someone chopped down a tree in the forest, but you didn't hear it fall because you're not in the forest, did it fall? Yes, you just didn't hear it.
quote:Originally posted by darrenbaker: Have you ever had a dream to build your own company from the ground up. Have you ever done it? We sit here on our butts in front of a computer screen making a small BET that this guy is going to make his dream come true. If we are so smart and have all the answers why aren't we the ones out there risking everything we have, fighting the never ending battle to make our company a houshold name? Because we don't have what it takes!! I'm hoping Urban does! I'm enjoying the thrill of watching this guy battle against all odds knowing that IF he can do it I will be WEALTHY too. If you don't think he can then go do it yourself. GOD BLESS URBAN!
Good post, darren. One correction, though. This is a mining company, so I hope UC is trying to build it from the ground down.
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Well the Green Goblins are doing research on them, may be finally someone will visit the site, the drilling site and confirm that some action is going on there. lol. It will be nice if any on Allstock board living in the area of the drilling could pay them a visit? Do we have interested parties? I would but its too far for me....
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Just a reminder that valid companies advertise on race cars...
WinsumLosesum Member posted May 21, 2004 11:22 ------------------------------------------------------------------------ Well, for what it's worth, here's a list of companies with their names on a nascar. Quite a few of "unlikely" choices. www.nascar.com/kyn/nbtn/cup/data/car/
NetZero HiSpeed U.S. Army Miller Lite The FanZCar Morgan-McClure Kellogg's Viagra Budweiser Dealers/UAW Valvoline ALLTEL A.J. Foyt Racing NAPA Auto Parts National Guard/Subway DeWalt Power Tools Wellbutrin XL Dodge Dealers/UAW Home Depot Ford Motorcraft/U.S. Air Force Caterpillar DuPont GMAC Financial Services GM Goodwrench America Online Cingular Wireless Tide M&M's Coors Light/Kentucky Derby Target Texaco/Havolin Cheerios/Betty Crocker Georgia Pacific/Brawny Lowe's Schwan's Home Service Arnold Development Companies Kodak EasyShare UPS Voyles/Carter's Royal Dispos-all Sharpie/IRWIN Industrial Tools Duke Children's Hospital Ford Commercial Truck & Trailer Hover Motorsports Stan Hover
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All of the companies listed have a product or service they sell. Most of which began advertising after establishing themselves as a viable busniess. I'm still waiting to see the product or service CMKX is offering.
I am eager to see how this plays out in the long run.
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I looked into that Green Baron thing. YES! It was a scam. They are paid to advertise. This must've been another one of Melvin's idea's.
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tradingpennys wrote: I looked into that Green Baron thing. YES! It was a scam. They are paid to advertise. This must've been another one of Melvin's idea's. --------------------------------------------- TP -not so fast with the Melvin comment. There are tons of people with over 100 million shares who got in at .0001. Any of those people could have supplied some millions of shares to try to get a pump going. It would not surprise me in the least. My opinion is this is not going to budge on a pump or a dump but it is being sat on by either naked shorting or someone covering and when they are done or the company files this will move. If it is on filing and big news .001 will be in the rear view window. I think the first stop on that train will be past the .01 station. IMO-DD-GLTA-Debi
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Is it that when people supposedly talk to Melbaby they get so nervous that they don't ask WHEN we can expect they PR that we ALL NEED let alone we ALL want?
And YES, I have started business's from the ground up, and helped many people realize thier dreams.
This company however are not playing with a full deck. They have more than that... they have included JOKERS!
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The car racing promo upsets me! Investors money is being used for UC interests, while pps is down. I think the money should be used for investors' interest not UCs. Wish i hadnt invested or gambled. If this goes up, I am bailing all except 1M.
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Wait a minute... Debi, How would someone go about transfering thier shares? Especially if they are electronically traded? Just curious...you have more knowledge in stocks than I.
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