posted
Here are some of the things I seriously question:
Roger Glenn - one of the top attorneys in the country from a top law firm Amex - guessing they couldn't even qualify to trade on NASDAQ Reverse Split - nothing to substantiate that at all...just more supposition and rumor started on threads Merger - again, no substantiation, only rumor of mergers apparently started by people on various threads Dividends - all talk, more rumor
Bear in mind that Edwards & Angell settled in a case against them for failing their fiduciary duty (if I am not mistaken) in connection with PIE (the once large trucking company you use to see on the highways all the time) for about ($15 mil - as I recall). It was the shareholders who lost out on that one.
quote:Originally posted by darrenbaker: Most of the orders on my last sale screen on ameritrade show 2 trades exactly the same volume at a time. Why might this be? Could this be some way to cover the shorts???
[This message has been edited by darrenbaker (edited July 15, 2004).]
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Hi Thinkmoney, I am not so sure that UC is wasting money with this sponsorship. There are a lot of negative comments swimming around right now about this but a possible positive is that UC has backing from someone with very deep pockets. I think drilling is going on presently and that is hearsay from Melvin with a drill sound in the background. The law firm is working on getting our filing ready, and steps are being taken to get us up and running once the the company files with the SEC. This is just my opinion but it is as valid as assuming that nothing but some advertising is being done. If that is all they have I would agree with you. But the law firm is working on getting the company reporting and the advertising may have been purchased weeks or months ago anticipating being a reporting company already. IMO-Debi
tradingpennys -Do you mean transferring their shares or ordering certificates? I ordered some certificates today for some of my shares and put in GTC orders at .61 and .50 for most of the rest. Transferring is done by just filling out the proper form and having another account available with the same identical name. IMO-Debi
Wallace wrote: Amex - guessing they couldn't even qualify to trade on NASDAQ Reverse Split - nothing to substantiate that at all...just more supposition and rumor started on threads Merger - again, no substantiation, only rumor of mergers apparently started by people on various threads Dividends - all talk, more rumor
Bear in mind that Edwards & Angell settled in a case against them for failing their fiduciary duty (if I am not mistaken) --------------------------------------------- guessing they and (if I am not mistaken) are words that don't inspire confidence at least not with me. I respect your opinion but not enough to sell my 32+ Million shares. I like this company. You don't. Oh well, one of us is right. I am believing it is going to be me. IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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quote:Originally posted by Wallace#1: Here are some of the things I seriously question:
Roger Glenn - one of the top attorneys in the country from a top law firm .
Do you question him being on of the top attourneys? Why?
I do agree (scary) with your other points on all the speculation.
quote: Bear in mind that Edwards & Angell settled in a case against them for failing their fiduciary duty (if I am not mistaken) in connection with PIE (the once large trucking company you use to see on the highways all the time) for about ($15 mil - as I recall). It was the shareholders who lost out on that one.
This is irrelevant (everybody's got a black eye). Anyhow, since you're not a shareholder, this should not concern you, should it?!
[This message has been edited by Money_Penny (edited July 15, 2004).]
By the way, you are welcome to look up that suit against Edwards & Angell. I have no good reason to go back and re-verify information I think is accurate.
Also, please note the nonsense you encouraged.
[This message has been edited by Wallace#1 (edited July 15, 2004).]
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Wallace -Hi, I assume since you are posting here you want people to interact with you. The law firm lost a case. That is unfortunate. I don't even know if Roger worked on it or not. This is a quality firm. Roger is a quality lawyer. I am not too concerned about this black eye on the law firm. If they had Johnie Cochran I would run. If they had one of the esteemed Senators from MA -I would run. Roger Glenn doesn't faze me in the least. Hope you have a great rest of the day. IMO -Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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Has anybody addressed the question posted earlier rearding chunks of double sales going through all day today? Also, I niticed some trades of zero shares and I am assuming these are rounded down to the nearest 100, so 50 or 99, for example, will show up as "0". Are those MM signals as well?
Posts: 430 | Registered: Jun 2004
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You made a particular point that I said "guessing" and "if I am not mistaken". In your very last post, you said, "just my opinion", "I am not sure", "but a possible" and "I think". Do they generate confidence?
You also said, "The law firm is working on getting...", "Steps are being taken" and "The advertising may have been...". Are you there or inside their heads? You do not know that these are facts any more than anyone else. Suppositions!
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Debi, They are just picking fights. You have better things to do with your time than engage them. Thank you for your level headed posts.
Posts: 108 | Registered: Apr 2004
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Suggest you go back to Debi's post at 15:01 and just see just where and who seems to be "picking fights" as well as two particular subsequent posts by two particular posters.
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Wallace wrote: Debi, You made a particular point that I said "guessing" and "if I am not mistaken". In your very last post, you said, "just my opinion", "I am not sure", "but a possible" and "I think". Do they generate confidence?
You also said, "The law firm is working on getting...", "Steps are being taken" and "The advertising may have been...". Are you there or inside their heads? You do not know that these are facts any more than anyone else. Suppositions!
Have a nice day. --------------------------------------------- Wallace I wrote I don't know in reference to the case talked about in your post. How should I know since you didn't supply the information or a link?. I say In my opinion to be clear when it is my opinion. That is the correct thing to do. That shows that I am being straightforward that I do know that these are facts anymore than anyone else. Is that too difficult to comprehend? Shall I put it in bold print with a full disclaimer? I said the law firm is working on it because there was a post about a form filed in Nevada July 13, 2004 correcting a number in an earlier filing. That told me that this company is getting its' paperwork together.
All things considered I add something to this board in the form of credible thoughts and stating opinions as opinion. I post links when available or at least let people know where to look for it. I try to be open minded about negative factors or opinions based on the posters understanding of the facts as they see them. I just don't get the grudge you have for this company. If you really want people to not buy CMKX stop dissing it so hard. You make people want to buy more. Are you really a pumper in disguise? If you are trying to save me from buying this -spare yourself the trouble. I am going to be buying this as long as it is available for sale. When it trades freely I will stop. And that will be a good day for sure. I wish the best for you in all your stocks. I just don't like reading your CMKX posts. THAT IS MY OPINION ONLY. I am sure some of the posters here love you. ALSO MY OPINION ONLY. I am heading off to dinner. GLTA-DD-IMO-Debi --------------------------------------------- tradingpennys -The certificates can be handed over to anyone. So IMO a group of large shareholders could easily fork over 10 Million shares each to get a pump going. That is my opinion only. GLTA-DD-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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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.
I in a way have to agree with darren...i have been building a company for the last 7 yrs and let me tell ya its no easy task...we have advertised in many places that seemed a waste just to get our name out, the differance is we need ppl calling us....UC only needs 1 person to call him and he is paying that person to call....the guy testing the core samples...sure lots of major companies are into racing but they need ppl calling them...they need ppl walking into stores...UC needs money for more drilling rigs and for the 3 or 4 steps after that just to get to the point of getting diamonds to market...nobody calling on the phone because of a truck race will be paying for that.
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I think the whole race car concept is a perfect, cost effective way to accomplish the 'awarness' that they seek. I will assume they would like to attract new shareholders, which to me seems like an excellent idea. This company, in my opinion, has made some excellent foward movements in the past six or seven weeks.
With these races, if we win first, second, or third place we will gain more 'airtime' as well as greater public exposure.
There is also the possibility, if we do win any of the twelve races, that we will be written up some where and covered on some other media, be it in some sort of racing themed publication.
I really feel more and more positive and confidant about CMKX, as apposed to six weeks ago or so when I first bought in.
I look foward to July 17th when I will be watching the race and my in-law's house, who also is buying into the stock this week.
GO CMKX RACER! GO CMKX RACER! GO CMKX RACER! GOOOOOOOOO!!!!
-John
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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You are no different than most of the pumpers on this thread. You have made many statements you treat as fact which are off the wall...Amex listing, reverse split, mergers, etc.,etc. I don't much care if you have 32 million shares of this dog CMKX. That is your problem. You put some kind of ridiculous spin on everything CMKX puts out officially, on everything UC and Melvin say and the stupid things they do and pump every rumor and speculation that comes along. It doesn't matter to you one tiny bit that there may be something wrong with CMKX and all their crap you are blind to reality...as are most others on this thread. Nice DD.
Have a nice dinner. I wish you luck with your purchases.
posted
Wallace, You have got to be kidding. Have you ever looked in the mirror? You are no different than a paid basher. I have stated every single supposition as just that. Not as fact, but as opinion. Give me a break. I hold myself back from really letting you have it both barrels because I like you. So I will be heading off to dinner as soon as my computer tech gets finished and probably won't respond to you on Allstocks. Happy to email though. I am totally 100% happy with the shares I have purchased and the only one who seems to be bothered by that is you. And that is my opinion. -Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
For the next three weeks I am throwing as much money as I can into this stock. At these levels how can you not!!!
This is how I see it:
Scenario One:
The total Shares are 100 Billion:
Let us say they have diamonds and minerals of some value.
with 1,400,000 acres of mineral rights, (100,000,000,000 shares) X (.01 pps)= $1,000,000,000 (1 billion)
divide that by the 1,400,000 acres of mineral rights and you get roughly $714 per acre. If the property is found to be of worth and value, which I suspect it is, based on evidence of surrounding areas and mines, the initial aerial survey as well as the positive test drillings.
If we have diamonds would the mineral rights be worth $714 per acre? At .03 pps, the land is then worth over $2100 per acre! That is with 100 Billion shares total. What if there are only 40 Billion and the rest are naked shorts!! I see potential in this and I am willing to take a risk
-John
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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posted
I have been talking to a friend of mine via email about this stock, thought I would share his opinion with you all - __________________________________________ Hi Tina, The beach was great. Much bikini watching accomplished.
Yeah, I saw that they had a race car when I visited their site. This is not necessarily a bad thing, BUT it is something to be aware of.
To get investment money, they need to get word of mouth around about their company. That involves a little publicity....such as running a race car around showing their logo. No investment money = no continued operations of the diamond search. It could also, in the worst case, be an attempt to lure more investors into "the game" and fleece them. Hard to tell.
If the thing is a scam, or developes into a scam as information becomes available that there are no diamonds or the diamonds are of inferior quality and a profit cannot be made by mining them, the "insiders" will have advance knowledge of these facts before anyone else and trade their stocks for huge personal profits before the whole entity goes belly up.
What we need to do is get you "insider" status. I am serious. Any ideas? ____________________________________________
quote:Originally posted by thinkmoney: 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.
I suppose you have proof that company money is being used? What if Urban just likes racing and is footing the bill himself? He is not a poor man you know. You could sponsor a kids baseball team for CMKX if you wanted to (and had permission) and you wouldn't be using company money.
quote:I ordered (and received) a complete copy of CMKM articles of incorporation and all filings up to 04/21/2004.
This is what I have:
1. Articles of Incorporation filed 04/21/2002. Authorized shares 500 million at $.0001 par value.
2. Amendment to Articles of Incorporation filed 11/26/2002. Increase authorized shares to 10 billion at $.0001 par value.
3. Amendment to Articles of Incorporation filed 12/26/2002. Increase authorized shares to 100 billion at $.0001 par value.
4. Amendment to Articles of Incorporation filed 12/18/2003. Increase authorized shares to 200 billion at $.0001par value.
5. Amendment to Articles of Incorporation filed 03/01/2004. Increase authorized shares to 500 billion at $.001 par value. ________________________________________________________
Today (07/14/2004) I talked with the Nevada Secretary of State. There has been another amendment filed.
5. Correction due to administration error. Amendment to Articles of Incorporation filed 07/13/2004. Authorized shares to 500 billion at $.0001 par value.
Question, if this company wasn't issuing all of these shares, why did they have to keep increasing the authorized? Take a look at the increased "burn rate" too. One could say that looks like wild greed taking over. Starts out at 500 million and takes a year and a half to go through them, then a year to go through 9.5 billion, then a year to go through approx. 90 billion, then 3 months to go through 200 to 300 billion? What is going on here?
quote:Originally posted by tradingpennys: I have been talking to a friend of mine via email about this stock, thought I would share his opinion with you all - __________________________________________ Hi Tina, The beach was great. Much bikini watching accomplished.
Yeah, I saw that they had a race car when I visited their site. This is not necessarily a bad thing, BUT it is something to be aware of.
To get investment money, they need to get word of mouth around about their company. That involves a little publicity....such as running a race car around showing their logo. No investment money = no continued operations of the diamond search. It could also, in the worst case, be an attempt to lure more investors into "the game" and fleece them. Hard to tell.
If the thing is a scam, or developes into a scam as information becomes available that there are no diamonds or the diamonds are of inferior quality and a profit cannot be made by mining them, the "insiders" will have advance knowledge of these facts before anyone else and trade their stocks for huge personal profits before the whole entity goes belly up.
What we need to do is get you "insider" status. I am serious. Any ideas? ____________________________________________
I don't have any idea's... does anyone else?
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I see all you kids are palying nice togehter, I will refrain myself today. Beware of those positives spins though. See things for what they really are until they're proven better. Supposing doesn't get it with me. Show me the diamonds.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by Brad: 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.
A point well taken, Brad. But I still stand behind the fact that this racing team support is a disctraction and a poor use for valuable resouces. It's one thing for a large corporation, flush with cash, to support something like this, especially when the advertising might entice someone to buy their product. It's quite another for a start-up to throw money into something like this. If this "investment" somehow brings in more cash to the company then I'll be ready to say that UC obviously knew what he was doing. But given the facts as I know them now I don't understand why this is being done.
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