I am too sexy for your bite! Feeling good.
------------------------------------------Strong Buy Date: Sun June 27, 2004 01:05:58 PM
Message #: of 102
$2,068,000,000,000 in CMKX value from kimberlite and diamonds
Intrinsic Value ÷ OS = Price that CMKX is worth
850,000,000,000 ÷ 375,175,612,132 = $2.26
*CMKX-The AS/OS 500 Billion Answer*
Everyone, please understand. I heard the interviews on IBC radio were great! I heard that the only thing that they would come back at us about was dealing with not knowing the Outstanding Shares (OS) structure. I was asked by a few; how can we consider that concern? Well here’s how…
What we must do is bring forth the thought with a worse case scenario twist to show how we still would have obtained value to support what a max number would be for our OS. We first logically must show how we derived at this worse case scenario for a max OS number.
** According to this filing below, CMKX had an OS of 7,241,653,404 shares. http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001117768%2D03%2D000002%2Etxt&FilePath...
** They later did a 2 to 1 forward split to take shares to 14,483,306,808 shares.
** The insiders own 85.7% of the 14,483,306,808 shares from the Form 14C, which equates to 12,412,193,934 shares owned by the insiders for voting and controlling rights.
** As time went on, the Authorized Shares (AS) had risen to 200,000,000,000 from talking with the Nevada State Office. Let’s assume that they maxed the AS to be the OS at 200,000,000,000 shares.
So, 200,000,000,000 – 12,412,193,934 = 187,587,806,066
** So, 187,587,806,066 is the max that could be own by the takeover entity.
** This means that Urban and CMKX would need to own more than the above amount of which equates to:
187,587,806,066 x 2 = 375,175,612,132 shares
(We’ll round this number to 380,000,000,000 to make sure we capture the 51% controlling interest and for simplifying the pending calculations.)
** This means that there could be a chance that a takeover candidate could have been plotting against Urban and CMKX so they would need to make sure that they owned 51% of the OS to have the controlling interest in CMKX.
** This was a must to ensure that they own at least 51% of CMKX to stop CMKX from ever being taken over. Urban had no choice but to do this from the way I see it. These shares could have remained in the treasury. They have to be issued and outstanding to be recognized by the SEC and NASD officials to combat any takeover attempt resolutions.
** It was recently discovered that Urban raised the AS to 500,000,000,000 to use as an insurance police against any takeover efforts. This would mean that he felt that someone might be trying to take over CMKX as a business entity and could have bought the required 51% through naked shorted shares to use as justification.
** So bottom line, the increase of the OS to 500 billion was to make sure they capture the needed 380 billion to have for the OS to create their own insurance policy to prevent any takeover attempts.
** Having such a large OS is not an issue because of the value that resides within CMKX.
** An OS of this magnitude is required to make sure there is enough liquidity for trading purposes.
** Another key thought is to understand that it’s all about “Supply versus Demand” when your shares are trading in the market. Once the float is gone, it’s gone. It doesn’t matter whether or not your OS is 5 million shares or 5 trillion shares. When the float is gone, it’s gone.
Now for determining the use of an Intrinsic Value of 850 billion from the use of residual valuation pricing techniques, let’s consider some logical deduction. If that little piece of 58,000 acres of DeBeers could be valued at $40 to $80 billion, surely our now nearly 3 million acres of land that surrounds those 58,000 acres of land of DeBeers could be worth much more. (OK, maybe I know this, but let’s act like I don’t.) Let’s even forget that we “probably” own two thirds of that piece of land too. Keep the theories in the link below in your thoughts too: http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=6425
What if $40 to $80 billion is the price valuation ratio for every piece of the 58,000 acres of land? This would equate to our pieces of land in the FALC region to be:
3,000,000 ÷ 58,000,000 = 51.7 groupings of 58,000 acres to be multiplied by $40 to $80 billion ratio.
Some groupings could be easily valued in the area of $80 billion, but we will use the low side of $40 billion to consider what would warrant below:
$40,000,000,000 x 51.7 = $2,068,000,000,000 in CMKX value from kimberlite and diamonds
Hopefully you can now see how with even using an intrinsic value of 850 billion is very conservative when providing logical deduction as to how CMKX could very well be worth over $2 trillion in kimberlite and diamonds alone. This does not include the overabundance of having gold, platinum, uranium, titanium, and of course diamonds.
Since we don’t really know if the 850 billion we will use as the Intrinsic Value is based on an annual, quarterly, or exponential value, we will not need to multiply by a PE Ratio because the growth rate is not known for the residual valuation pricing techniques just used.
Intrinsic Value ÷ OS = Price that CMKX is worth
850,000,000,000 ÷ 375,175,612,132 = $2.26
Keep in mind that 51% of the OS, 191,339,562,187 shares will be restricted and owned by insiders. This means that the share structure would look as followed:
375,175,612,132 = OS
191,339,562,187 = Restricted Shares
183,836,049,943 = Float
Let me inform you of a little secret; once the float is gone, the float is gone as I had mentioned earlier. This could be why the stock has not moved as of yet. If this is the case then maybe there is not a short, then maybe there is. The revealed value will cause the float to be dried up very quickly once officially released if there is not a short position.
With all the value that we have, who cares? A stock with this much value will be needing the liquidity for trading purposes. This is why we do not need a reverse split. I say bring on the PRs to justify value and growth of the company and everything else will run its course!!!
Now, if there really is a naked short position, then that’s a whole increased story for exponential gains that we will consider discussing later. That would be too powerful.
…that $1.00 is a good minimum share price to offer to buy us shareholders out for Urban and CMKX to go private. From the logic above, CMKX could easily be worth $2.26 per share. This would no doubt to force a naked short covering out of this world. The good thing about this, even if you don’t believe that there is a short, then what was posted above would transpire still as a minimum.
Urban has a great many friends and family members invested into CMKX at much higher prices than where CMKX is currently trading. Just breaking even is not the goal. Urban is a people person and has a wonderful attitude, understanding, and concern for all shareholders to include us little guys here in RB land. I trust Urban and his team of experts and so should we all!
_______________________
I chose this title because I think this is the name that fits the upcoming success story with CMKX. I think I heard either Peter or Frank mention it too and I liked it. Urban Casavant has the same goal as I which is to create a million millionaires for those who have read my initial posts on my board. What a coincidence.
Please consider these thoughts that you are about to read as “theory” until proven as “facts” from Urban and CMKX.
Urban believes that the naked short position on CMKX could very well be 1 trillion shares. To force the shorts to cover, an accountability process must take place. The changing of the CUSIP# was done earlier for them to first gather internal accountability of all CMKX shares. Also to kind of serve as a warning for the market makers, MMs, to consider covering any naked shorted positions.
Now comes the time to force the MMs to gather accountability for covering. Urban can do this by re-issuing CIM shares as a dividend to all current shareholders of CMKX shares to be effective by an execution date sometime in the near future. Maybe some date like 15 Jun or 30 June 04.
But first and at the same time, announce that CMKX has made a $1.00 per share tender offer to buy all shares of CMKX shareholder’s shares to take the company private. They will be willing to do this because insiders own at least 85.7% of the OS so it would really be like buying out yourself or paying yourself. Going private along with re-issuing the CIM dividend will no doubt force the MMs to cover all naked shorted positions.
You can do a lot when you own billions of dollars in gold, platinum, uranium, kimberlite, and diamonds to say the least. Buying us out to go private at $1.00 per share still might be too low, but I’m sure many would appreciate such yet still.
Now after the announcement of taking CMKX private, CMKX will make the announcement that those who buy CMKX up to the new execution date will receive a 1,000 to 1 dividend of CIM shares to further compensate the value that the company has determined to award fair value to its shareholders.
That’s right, CMKX will take back those already old CIM shares to give them in return the newly re-issued CIM shares with value unlike before. Others who never had any CIM shares would receive CIM shares under the same newly 1,000 to 1 ratio and investors will have up until the new execution date to buy to receive the newly re-issued CIM shares dividend.
They will also announce that CIM will apply for a new CUSIP# and ticker to submit application to trading on the NASDAQ National Market since they must trade with four symbols on the NASDAQ markets. They will announce that Qualifications are expected to be met by some future date maybe like 31 Jul or Aug 04 to submit application to the NASDAQ National Market. This means that CIM would trade at no lower than $5.00 per share.
The Look of the CIM Dividend
We will guess and say that CMKX OS is 40 billion shares and the OS for CIM is to be 40 million shares.
CMKX OS ÷ CIM OS = Dividend Ratio
40,000,000,000 ÷ 40,000,000 = Dividend Ratio
1,000 = Dividend Ratio
With 1,000 to 1 Dividend of CIM shares this means you pay the following to get the end result listed below:
1,000 Shares of CMKX = .10 cents
1 Share of CIM = $5.00
So…
1,000 Shares of CMKX = 1 Share of CIM
Or to better review...
.10 cents = $5.00
This is saying that for every .10 cents you spend, you will receive $5.00 back in return.
In Summary…
** If you bought 10,000,000 shares of CMKX at .0001 cent, it would cost you $1,000 total.
In return you would receive in CIM shares:
CMKX shares ÷ Dividend Ratio = Total shares of CIM
10,000,000 ÷ 1,000 = 10,000
This means that your total value in your brokerage account would be as below:
10,000,000 x .0001 = $1,000 for CMKX
10,000 x $5.00 = $50,000 for CIM
Again, not a merger, a dividend to where the shareholders get to keep their 10,000,000 shares of CMKX and receive their new 10,000 shares of CIM at the dividend rate of 1 CIM share for every 1,000 CMKX shares you have or buy before the execution date in the very near future. The total amount from the brokerage account would be $51,000 from your initial investment of $1,000 of CMKX shares, right?
Not so. Don’t forget that your 10,000,000 million shares of CMKX will be given the tender offer of $1.00 per share so that would make that equate to:
$10,000,000 + $50,000 = $10,050,000 in total value
This is very powerful. CIM is used as the company for the dividend because CIM has claims to a huge zinc find that is valued at a tremendous amount. Urban wants to reward previous shareholders and current shareholders who had not the opportunity to become shareholders of CMKX by its first CIM date of execution. Because of such, he is re-issuing shares of CIM and using as the selected company to move to the NASDAQ.
Now get this, we are still not done with accessing value. Analyze what is transpiring to place actual value in CMKX to further entice investors to take a position in CMKX if what was discussed above was not enough.
To Determine a Minimum CMKX Valuation for the Tender Offer
It has been now determined that we actually picked up two thirds of the piece of land that was originally thought to have been DeBeers and was that piece of land/kimberlite that Dr. Hutchison valued at $40 to $80 billion.
Let’s take the low side to determine fundamental valuation. Two thirds of $40 billion is about $26 billion. I will use that amount x 2 as the amount as income because of what many will soon discover is that we have far more resources and locations that would allow that to be used as a minimum. This figure of $52 billion would definitely cover above and beyond any expenses. Again, I think such would be revealed soon to show how this figure is still being conservative.
From the above example we guesstimated that the OS for CMKX was no higher than 40 billion so we will us the same figure here. Please observe:
Income ÷ CMKX OS = EPS
52,000,000,000 ÷ 40,000,000,000 = EPS
1.30 = EPS
So giving the share holders a Tender Offer of $1.00 could be viewed as a conservative offer by Urban and CMKX, but yet still would be greatly appreciated.
** Now what if we really do have a huge abundance silver, zinc, gold, uranium, platinum, and diamonds to say the least?
** Now what if CMKX is 1 trillion shares naked shorted as anticipated?
** Now what if we do have miles and miles of kimberlite that was discovered from the aerial survey?
** Now what if they encountered an overburden that was valued at 500+ million?
** Now what if they had billions of dollars of kimberlite alone that they use to re-mineralize and sell as soil?
** Now what if one of the newly found kimberlite pipes is miles and miles long?
** Now what if this is going to be the biggest margin call in the world?
** Now what if we do have micro and macro diamonds in all of our kimberlite found?
** Now what if there really are lots of corporate investors that are about to join the party?
** Now what if there were huge zinc deposits found to be issued under the CIM shares?
** Now what if Urban have many friends and family that are long term investors in CMKX?
** Now what if Urban promised that he would take care of them and make them all millionaires?
** Now what if our claims are now up to nearly 3 million acres in the FALC region?
** Now what if all of this is the big plan Urban has to get the shorts?
** Now what if we have one pipe of kimberlite that is miles and miles long?
** Now what if we have all the money and support we need to make all of this happen?
** Now what if Urban really love the shareholders as many of us thinks?
** Now what if all above is true?
As I stated earlier in this post, please consider these thoughts that you have read as “theory” until proven as “facts” from Urban and CMKX. The above will only become official only when Urban and CMKX make such official. Until then, these are only my thoughts. It is my opinion that CMKX will make many of us prosperous!
________________________
I chose this title because I think this is the name that fits the upcoming success story with CMKX. I think I heard either Peter or Frank mention it too and I liked it. Urban Casavant has the same goal as I which is to create a million millionaires for those who have read my initial posts on my board. What a coincidence.
Please consider these thoughts that you are about to read as “theory” until proven as “facts” from Urban and CMKX.
Urban believes that the naked short position on CMKX could very well be 1 trillion shares. To force the shorts to cover, an accountability process must take place. The changing of the CUSIP# was done earlier for them to first gather internal accountability of all CMKX shares. Also to kind of serve as a warning for the market makers, MMs, to consider covering any naked shorted positions.
Now comes the time to force the MMs to gather accountability for covering. Urban can do this by re-issuing CIM shares as a dividend to all current shareholders of CMKX shares to be effective by an execution date sometime in the near future. Maybe some date like 15 Jun or 30 June 04.
But first and at the same time, announce that CMKX has made a $1.00 per share tender offer to buy all shares of CMKX shareholder’s shares to take the company private. They will be willing to do this because insiders own at least 85.7% of the OS so it would really be like buying out yourself or paying yourself. Going private along with re-issuing the CIM dividend will no doubt force the MMs to cover all naked shorted positions.
You can do a lot when you own billions of dollars in gold, platinum, uranium, kimberlite, and diamonds to say the least. Buying us out to go private at $1.00 per share still might be too low, but I’m sure many would appreciate such yet still.
Now after the announcement of taking CMKX private, CMKX will make the announcement that those who buy CMKX up to the new execution date will receive a 1,000 to 1 dividend of CIM shares to further compensate the value that the company has determined to award fair value to its shareholders.
That’s right, CMKX will take back those already old CIM shares to give them in return the newly re-issued CIM shares with value unlike before. Others who never had any CIM shares would receive CIM shares under the same newly 1,000 to 1 ratio and investors will have up until the new execution date to buy to receive the newly re-issued CIM shares dividend.
They will also announce that CIM will apply for a new CUSIP# and ticker to submit application to trading on the NASDAQ National Market since they must trade with four symbols on the NASDAQ markets. They will announce that Qualifications are expected to be met by some future date maybe like 31 Jul or Aug 04 to submit application to the NASDAQ National Market. This means that CIM would trade at no lower than $5.00 per share.
The Look of the CIM Dividend
We will guess and say that CMKX OS is 40 billion shares and the OS for CIM is to be 40 million shares.
CMKX OS ÷ CIM OS = Dividend Ratio
40,000,000,000 ÷ 40,000,000 = Dividend Ratio
1,000 = Dividend Ratio
With 1,000 to 1 Dividend of CIM shares this means you pay the following to get the end result listed below:
1,000 Shares of CMKX = .10 cents
1 Share of CIM = $5.00
So…
1,000 Shares of CMKX = 1 Share of CIM
Or to better review...
.10 cents = $5.00
This is saying that for every .10 cents you spend, you will receive $5.00 back in return.
In Summary…
** If you bought 10,000,000 shares of CMKX at .0001 cent, it would cost you $1,000 total.
In return you would receive in CIM shares:
CMKX shares ÷ Dividend Ratio = Total shares of CIM
10,000,000 ÷ 1,000 = 10,000
This means that your total value in your brokerage account would be as below:
10,000,000 x .0001 = $1,000 for CMKX
10,000 x $5.00 = $50,000 for CIM
Again, not a merger, a dividend to where the shareholders get to keep their 10,000,000 shares of CMKX and receive their new 10,000 shares of CIM at the dividend rate of 1 CIM share for every 1,000 CMKX shares you have or buy before the execution date in the very near future. The total amount from the brokerage account would be $51,000 from your initial investment of $1,000 of CMKX shares, right?
Not so. Don’t forget that your 10,000,000 million shares of CMKX will be given the tender offer of $1.00 per share so that would make that equate to:
$10,000,000 + $50,000 = $10,050,000 in total value
This is very powerful. CIM is used as the company for the dividend because CIM has claims to a huge zinc find that is valued at a tremendous amount. Urban wants to reward previous shareholders and current shareholders who had not the opportunity to become shareholders of CMKX by its first CIM date of execution. Because of such, he is re-issuing shares of CIM and using as the selected company to move to the NASDAQ.
Now get this, we are still not done with accessing value. Analyze what is transpiring to place actual value in CMKX to further entice investors to take a position in CMKX if what was discussed above was not enough.
To Determine a Minimum CMKX Valuation for the Tender Offer
It has been now determined that we actually picked up two thirds of the piece of land that was originally thought to have been DeBeers and was that piece of land/kimberlite that Dr. Hutchison valued at $40 to $80 billion.
Let’s take the low side to determine fundamental valuation. Two thirds of $40 billion is about $26 billion. I will use that amount x 2 as the amount as income because of what many will soon discover is that we have far more resources and locations that would allow that to be used as a minimum. This figure of $52 billion would definitely cover above and beyond any expenses. Again, I think such would be revealed soon to show how this figure is still being conservative.
From the above example we guesstimated that the OS for CMKX was no higher than 40 billion so we will us the same figure here. Please observe:
Income ÷ CMKX OS = EPS
52,000,000,000 ÷ 40,000,000,000 = EPS
1.30 = EPS
So giving the share holders a Tender Offer of $1.00 could be viewed as a conservative offer by Urban and CMKX, but yet still would be greatly appreciated.
** Now what if we really do have a huge abundance silver, zinc, gold, uranium, platinum, and diamonds to say the least?
** Now what if CMKX is 1 trillion shares naked shorted as anticipated?
** Now what if we do have miles and miles of kimberlite that was discovered from the aerial survey?
** Now what if they encountered an overburden that was valued at 500+ million?
** Now what if they had billions of dollars of kimberlite alone that they use to re-mineralize and sell as soil?
** Now what if one of the newly found kimberlite pipes is miles and miles long?
** Now what if this is going to be the biggest margin call in the world?
** Now what if we do have micro and macro diamonds in all of our kimberlite found?
** Now what if there really are lots of corporate investors that are about to join the party?
** Now what if there were huge zinc deposits found to be issued under the CIM shares?
** Now what if Urban have many friends and family that are long term investors in CMKX?
** Now what if Urban promised that he would take care of them and make them all millionaires?
** Now what if our claims are now up to nearly 3 million acres in the FALC region?
** Now what if all of this is the big plan Urban has to get the shorts?
** Now what if we have one pipe of kimberlite that is miles and miles long?
** Now what if we have all the money and support we need to make all of this happen?
** Now what if Urban really love the shareholders as many of us thinks?
** Now what if all above is true?
As I stated earlier in this post, please consider these thoughts that you have read as “theory” until proven as “facts” from Urban and CMKX. The above will only become official only when Urban and CMKX make such official. Until then, these are only my thoughts. It is my opinion that CMKX will make many of us prosperous!
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