posted
Not sure what her name was. She just told me yes 400 billion is correct for outstanding shares. Listened to IBC radio and Melvin said it was a bunch of bull. Joel is on got to go!!!!
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It's just that with this one, good intentioned people (95% of us) need to be careful of those out their to try to profit from speculation and their hope for the market to react emotionally.
MM's make money based on control. The only control they have is to manipulate a stock downward. There is far less control to be long in a stock for them because the public would dictate the stock price. It's called the free market, which is something they rarely let occur. The freezing of trades and slow walkdown is their control to weight on investor's emotion and decisionmaking to sell. Ploys can be be used, both subtle and blantant to create a desired effect.
Speculation and theories are rampant on this company. I follow none of that. What is good about CMKX, is that most, if not nearly all investors are focusing on the facts as reported through CMKX, rather than theories and rumor. In fact, some theories recently have gotten so outlandish that they turned out to be a blessing in disguise. Most, if not nearly all investors are now quicker to dismiss such posts, and are grounded and focused on what is real and verifiable.
I contend facts from the company and attorney Glenn will remain the basis on which this stock is traded, now more than ever. Bo
posted
...same scenario with Melivn again - not knowing what is going on, are they really keep him in the loop or things just slipped out from TA who supposed to keep silent. Other theory is, get of my back and stop calling us (the TA). The magic number is 400 million and don't call again please.
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posted
Well, this is wehre understanding the lingo is important. IF the Outstanding is 400 Billion it is possible that insiders hold most of that-so how much is tradeable? We will not know until we get the official PR from the company. This is interesting. Still hanging tough with my shares and willing to buy on a dip. GLTA-IMO-DD-Debi Still think the R/S talk is premature unless it was to take CMKX private with 300 sharebholders or less. Have to see how that would pan out. IF they were to do that I it would hurt the small investors so I don't think that is going to happen. I do look forward to seeing what they come up with.
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posted
400 billion is the # Pacific received from Global. Still lots of papers to sort out. 400B is subject to change. Not the answer that I got the first time I called. They need to get there crap straight before giving out bogus info. Arg!!!!!
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There is a petition floating around the various boards asking signatures to a petition to the SEC on Naked Shorting. I signed it about two weeks ago, and got a notice from Earthlink that they had sent me a virus infected e-mail message that had been isolated. I posted warnings then and was called a basher. I think the regulars here know that I am not. I really believe a petition to the SEC is a good idea, that's why I signed it originally. However, it is appears to be very dangerous to let them know your e-mail address. The petition started circulating during the last "craziness" over this stock. It very well could be a good ploy by a professional basher to mess up the 'longs' computers, so just be careful if you go there. Here's what Earthlink sent me today, and it is the same as a week or so ago:
************************************** EARTHLINK VIRUS BLOCKER MESSAGE STATUS **************************************
MESSAGE QUARANTINED
Virus Detected: Malformed container violation
Message Details: From: Investigatethesec.com@ns1.sohost.net To: xxxxxxxxxx@earthlink.net Subject: Message from investigatethesec.com regarding Naked Shorting Date: Wed, 30 Jun 2004 07:53:17 -0700
EarthLink Virus Blocker has quarantined a message sent to you because it contains a virus that cannot be removed or disabled.
Quarantined messages are automatically deleted three days after they are received.
posted
If the 400 billion figure came from Global it's probably correct as they were the ones doing the audit. That's assuming that this isn't some wild hoax that's being pulled.
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quote:Originally posted by Az...Cats: Just received an email today from investigatethesec.co thanking me for signing the petition. Should I be concerned?
The first one I received, I just figured maybe it was something wrong at Earthlink, but now after receiving a second one without revisiting that site, I would be very careful if you don't have a good virus scanning system.
posted
Bro enough with the blah blah. Unless CMKX COMES OUT WITH A PR THAT STATES O/S. I WILL NOT BELIEVE YOU ARE WHAT YOU READ ON A MESSAGE BOARD SOMEWHERE ELSE. SO RELAX.
quote:Originally posted by Upside: If the 400 billion figure came from Global it's probably correct as they were the ones doing the audit. That's assuming that this isn't some wild hoax that's being pulled.
posted
TA MM do this evry so often actually one last week to pickup "STOP" orders. If we see this regularly might be a good sign. UPSIDE What scenario do you visualize for a hoax ? VAN
[This message has been edited by VNGNTN1 (edited June 30, 2004).]
quote:UPSIDE What scenario do you visualize for a hoax ? VAN
I guess I don't outside of the fact this whole thing was started by one guys call into IBC radio although it appears that at least one person here has confirmed his findings. But, it's not been confirmed by CMKX yet and the current sentiment on this thread is absolutely no discussion about anything until it's the company's official word. That's why I threw the hoax disclaimer in.
posted
Let's all look at news this way. We should only consider news that comes from a source that can be HELD ACCOUNTABLE for what news they release as offical public news. Essentially, that is an OFFICIAL PR from the CMKX/Roger/Urban. Anyone else can't be taken so seriously. Too many people have other motives and if they cannot be held accountable for what they release into the public, they should not be given the same credibility we give to official PR's. Let's just wait for an official PR and not speculate on 400 billion especially after Melvin told us that this is not correct. Wait, Melvin DID tell us that, right? The next two months may change the rest of our entire lives!! May the force be with us, and CMKX!
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posted
So if the 400 millions is correct, then looks like CMKX is again indirectly releasing the information - recall the diamond find sizes by the CMKXs sister company in Canada.
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
posted
Hi Upside-GO ahead and discuss anything you want it is kind of quiet around here. If the outstanding share count is that 400 Billion and UC doesn't hold any of it that would be majorly disappointing. On the other hand if UC and other company insiders bought up most of the Outstanding and there is very little available then our trading numbers look a little skewed. We absolutley need tons of information from the company to know what we have. I like that we have mineral rights in such a prime area. We need to know the share counts that the company will officially put out, together with any kimberlite finds and verified diamond finds and full release of all core sample data. We also need disclosure on contracts with other mining partners unless there is a confidentiality agreement among them. For me I am not selling based on partial information (especially at a loss). I won't sell any of my profitable shares here since nothing has changed other than having one piece of the information verified. It will be interesting. You can easily imagine anyone shorting a Canadian comapny with 400 Billion shares selling at .0001. Ordinarily a R/S would be the clear writing on the wall. I Think this is extra ordinary situation and we will soon find out. -IMO-DD-GLTA-Debi
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posted
TW- in this scenario, it is not CMKX company releasing this information outside of official PR's. If the 400 Billion, not million, was correct, then it would be the Transfer Agent that is releasing this news. It would not be the fault of CMKX. If they have the count and are not releasing it, it's probably for a bigger better reason, part of Urban's plan to reward the long holders and make himself rich at the same time...really rich.
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posted
In the next few days we should see alot of new money coming in since QBID started falling like a rock. It looks like that's the end for QBID and the beginning for CMKX.
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quote:Originally posted by Golf57: In the next few days we should see alot of new money coming in since QBID started falling like a rock. It looks like that's the end for QBID and the beginning for CMKX.
Golf57 - What's the short version of the problem at QBID? I sold before the drop and have tried to keep watch, but all the bashing of Diana etc., turned me off. I haven't been there in several days, but planned to look in for the "launch", is that a dead deal?
posted
Deb : "We absolutley need tons of information from the company to know what we have. I like that we have mineral rights in such a prime area. We need to know the share counts that the company will officially put out, together with any kimberlite finds and verified diamond finds and full release of all core sample data. " Is that not what I have been saying for a month now? Well, not saying, but asking why aren't details forthcoming? CMKX should be forthright and forthcoming with detailed information. Again I saw someone else say that the reason they are not saying, is because it's part Urban's grand plan to make himself and us very rich. I read sample reports from other mining companies, and they tell you how many hairs on the drill operator's head. We got, "positive for diamond content". Along with that we had Marvin alluding to Mt St Helena's only to find out we had two diamonds that wouldn't make a ring for a flea. The audit is finished, why not stop all the specualtion, 10B, 20B, 400B, and announce a clean accurate number? I don't say it is a scam, but why the delay?
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Alert Message Institutional holdings of this company increased significantly
Alert Definition This alert signals an increase of at least 5% in institutional holdings of a company's stock. Financial institutions like banks, insurance companies, hedge funds and pension trusts own the vast majority of shares of stocks around the world. As an example, the largest public mutual fund that only owns shares of companies in the Standard & Poor’s 500 Index -- the Vanguard Index Trust 500 Portfolio -- has less than $50 billion in assets. In contrast, the world’s financial institutions are estimated to hold more than $600 billion worth of S&P 500 stocks.
These financial institutions have the best investment research in the world available to them, and regularly visit the management team of companies in which they buy shares. Consequently, they are considered to be the "smart money" that everyone talks about.
When these institutions decide to invest in a company, the move is generally considered to put a stamp of approval on the firm’s prospects. Every time that institutional ownership increases, moreover, the stamp of approval becomes firmer.
Increasing institutional ownership has the further effect of stabilizing the price of a stock, and creating a "floor" for its value. That’s because an institution that buys 5% of a company’s outstanding stock takes those shares out of circulation for some time, diminishing the number available for others to buy. Investors who want to buy the stock subsequently must fight over a diminished supply -- a situation that tends to make the stock dearer.
By itself, however, an increase in institutional ownership is not a reason to buy or hold a stock. It is just a clue that the stock is in demand by some pretty smart folks. Their ownership can be a two-edged sword, since a stampede out of a stock by institutions can cause millions of shares of a stock to flood the market, diminishing their value.
To determine which large institutions hold this stock, check Form 13-D and Form 13-G SEC filings in Stock Research. Any owner of more than 5% of a stock must tell the government -- and, by extension, you -- of any changes in their holdings within 10 days.
Note that institutional ownership is less of a factor for small- and medium-cap stocks. Since large institutions tend to take large positions, they tend to invest in large companies.
[This message has been edited by mondayschild (edited June 30, 2004).]
posted
UC and Roger make their livings from this stock, we don't. I would think that Roger is carefully calculating every aspect of this stock, including PR., for maximum impact. I can wait a few more days or weeks for the whole picture to develop according to Roger's plan.
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posted
I mention that before that probably TA is getting fed up with all the phone calls and this may verify my assumptions, I found this on the other board:
By: diamondwon 30 Jun 2004, 04:03 PM EDT Msg. 39335 of 39335 Jump to msg. # Just spoke with Brian Dvorak regarding OS.
Called the TA and listened to the message. Number of 400 Billion OS was given them by 1st Global. Numbers are not verified. They are getting so many calls that they put up the message. I called Brian Dvorak and he is with the company. It will take a couple of weeks he said to verify the actual OS.He said there are some people harassing the TA and that's why they put up the message.
Have patience folks, it's all unfolding as planned.
[This message has been edited by TradingWizard (edited June 30, 2004).]
posted
Here's a post I have to agree with, dealing with the float:
gaitor58 Diamond Hunter
member is online
Posts: 3 O/S................ compared to float ???? « Thread started on: Today at 4:21pm »
-------------------------------------------------------------------------------- while a low outstanding share # is what we are all hoping for, it would do wonders for the share price, I believe there is one thing many are overlooking; the float. For those that don't know; the float is the number of available shares that you and I and the rest of the world can trade day in and day out. If the company is holding (owns) let's say 90% of the O/S then the float would be 10% of the O/S. You can have a large o/s number and still have a very small float (which is good). Just trying to help those with questions steve
quote:Originally posted by TradingWizard: I mention that before that probably TA is getting fed up with all the phone calls and this may verify my assumptions, I found this on the other board:
By: diamondwon 30 Jun 2004, 04:03 PM EDT Msg. 39335 of 39335 Jump to msg. # Just spoke with Brian Dvorak regarding OS.
Called the TA and listened to the message. Number of 400 Billion OS was given them by 1st Global. Numbers are not verified. They are getting so many calls that they put up the message. I called Brian Dvorak and he is with the company. It will take a couple of weeks he said to verify the actual OS.He said there are some people harassing the TA and that's why they put up the message.
Have patience folks, it's all unfolding as planned.
[This message has been edited by TradingWizard (edited June 30, 2004).]
posted
IMO i find it very hard to believe that joe schmo calling into the transfer agent would get any real information. first i'm quite sure there is some sort of confidentialty aggrement second that would violate public info laws as in insider trading stuff second if you call my office and ask anyone that would be answering the phone for any info on our clients you would get the equivalent of a blank stare back...they have no clue...the o/s is what it is and chances are we won't know till the lawyer gets everything ready to report to the SEC if they become a fully reporting company as they say they are doing.
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quote:Originally posted by will: The message said 400 B?
Will, unfortunately I cannot confirm this. But I think that TAs are getting fed up getting all these calls - I know I would be really pi$$ed and give them what they want to get them off my neck. Lol
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
posted
Upside, I read one of you posts before that if dips to 0.0001 you will buy more. Are you?
I personally think there is something funny going on with that sudden 400B number released just like that to the public, but I could be wrong, and we will have no way to know if Melvin is telling the truth. I wonder if we ever be able to find out how may shares were naked shorted, but R/S is looking better and better every day - not that I wanted to look like that.
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
And may be this will shine some light at the latest rumor:
By: zen91367 30 Jun 2004, 04:20 PM EDT Msg. 32493 of 32524 Jump to msg. # ********READ THIS***********
OKAY CALM DOWN:
1) I have been telling you guys this for two days.; I know the O/S two days ago. Please see my preceding posts.
2) This is only a record of shareholders shares. For all we know it could have been short sales. If anything this is proof that it was the victim of NSS.
3) The amount of shares issued was not disclosed. There is a BIG difference of shares authorized and shares issued.
4) The amount owned by UC was not disclosed. We KNOW he is the majority shareholder, so he owns at least 51% of this number. In addition, he has been rumored to own 87% which is pure conjecture.
5) This should be taken as positive news until proven otherwise. At the very least we have a 245 Billion share tradeable float which I personally think is WAY to HIGH.
6) OR that we have suspected is true, We have been NSS to heck and back.
Let's just wait until the audit is completed and I believe you will ALL be surprised.
BASHERS will spin the info to suit their needs. This is what they do. Don't listen. They are not saying anything new, they are simply spinning a small piece of info to suit their needs.
IMHO ONLY>
and the response to the above:
zen, they said that it was the OS. The amount of shares Urban owns is not excluded for valuation purposes. Therefore, the float only matters for liquidity purposes. If the OS is 400B (excluding naked shorts) we are screwed because you are seriously diluting this thing.
And this: By: BATMAN444 30 Jun 2004, 04:29 PM EDT Msg. 32502 of 32528 Jump to msg. # OUTSTANDING SHARES DEFINED
Outstanding Shares The number of shares that are currently owned by investors. This includes restricted shares (shares owned by the company's officers and insiders) and shares held by the public. Shares that the company has repurchased are not considered outstanding stock.
NOTICE THE LAST SENTENCE! UB RETIRED SHARES MAY NOT HAVE BEEN REMOVED FROM THE 400B BY 1ST GLOBAL!
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