posted
will....don't believe anyone will find out the o/s till after aug 20th..i too would like to know this # but i'm more interested in insiders #'s because this will give clues to what is in the ground
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Originally posted by Upside: TW, As far as I can tell there is no Casavant International Mining (CIM) company trading on any board. Unless they register for trading on one of them, we get shares in something that for the most part is valueless, just like last time.
I guess so....
May be Urban decided to do master clean up thus to clean up the CIM non-existing shares (I think daradog is going after them), so later they don't back fire at him....imo
Good night guys...will check in the morning. Too bad Debi is not around, would love to hear her comments on all this news.
posted
WILL Just got back and stepped into S$$t here. Read the PR and need some time to think. This is a very complicated logic going on. I am thinking since CIM was registered a s a corp back in 9/2003 and has restricted trading does not mean they could not have parked some valuable claims there which they are now activiating without allowing trading on stock.This is new territory for me and we will need to butt heads here to figure it out. Standby for more Gonna read that PR again! VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
OK, Van, I'm trusting you here, buddy. You better give it to me English. Break it down like I'm a three year old, so I can understand you.
quote:Originally posted by VNGNTN1: WILL Just got back and stepped into S$$t here. Read the PR and need some time to think. This is a very complicated logic going on. I am thinking since CIM was registered a s a corp back in 9/2003 and has restricted trading does not mean they could not have parked some valuable claims there which they are now activiating without allowing trading on stock.This is new territory for me and we will need to butt heads here to figure it out. Standby for more Gonna read that PR again! VAN
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
One last thing, CMKX paid 1 million (to his brother) for 40 billion shares of CIM? That equals a value of .000025 per share or in a nutshell, valueless.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
UpMan, do you think this is about value? I hate to admit it, but these mopes just might have a plan. I know I'm confused. I have no idea what this does for them, other than what was alluded to earlier, in the way of exposing shorts. ???????????
quote:Originally posted by Upside: One last thing, CMKX paid 1 million (to his brother) for 40 billion shares of CIM? That equals a value of .000025 per share or in a nutshell, valueless.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
WILL Check this out CIM has a value of ??? mineral claims + $1m which will be distributed to CMKX on 8/31. ASSUMING 400bn a/s i CMKX WHICH had a 2:1 split forward last year would mean 10% lifetime mineral rights to CMKX is = to 40bn shares CIM. (Gotta go see how they said it would be paid) but seems $1m will be slpit by a/s. VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
OK, so 40B shares of CMI is worth $1M..Anyone know the O/S on CIM, bet not, lol.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:UpMan, do you think this is about value? I hate to admit it, but these mopes just might have a plan. I know I'm confused. I have no idea what this does for them, other than what was alluded to earlier, in the way of exposing shorts. ???????????
These mopes don't have a plan. Yesterdays p/r and todays don't really tell us anything. Yesterdays p/r says they will issue the UCAD shares "later" and todays says we are getting shares in a valueless, untradeable company. How this affects any naked short position or gives us any indication of the float of this company is beyond me.
posted
Couldn't this be a possible start to a merger? Maybe a three-way with UCAD?
Sorry, Darren. <disclaimer> The term 'three-way' in the above sentence is in no way a sexual hint. 'Three' refers to 3 companies, and 'way'...blah blah blah...
Furthermore, women's breasts are not for pleasure in ANY way 'shape' or 'form'. They are a sin, even in clothing. Especially bouncing while in cartoon form, as seen in this author's former post.
posted
WILL After reading again, I would say that 10% or 40bn CIM shares will be split up to CMKM shareholders. THis is another paper shuffle, It does not say whose sahre they are offering thiers ,the companys ,or ours. We never had full rights anyway. Assuming they are offering there shares (company) then Assuming a 400bn a/s CMKX shareholders could expect to see 10 shares of CIM valued @ .000001($1m / 400bn) for each 1000 shares of CMKX VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
Upside, the value is that the MM's can't get the shares to cover the naked shorts. That's why UC is doing all of this. He's not trying to give away his money to shareholders, he's trying to make the MM's give their's away to us. Gotta keep asking yourself "WHY? is he doing what he is doing. It's not just magnanimity. When UC and Roger do something now there will always be a partially hidden agenda.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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\Mag`na*nim"i*ty\, n. [F. magnanimit['e], L. magnanimitas.] The quality of being magnanimous; greatness of mind; elevation or dignity of soul; that quality or combination of qualities, in character, which enables one to encounter danger and trouble with tranquility and firmness, to disdain injustice, meanness and revenge, and to act and sacrifice for noble objects.
posted
noah, I have no idea what magnanimity means. Aside from that though, no one is being forced into a cover position until the UCAD shares are distributed and we have no idea when that will be, and the CIM shares are worth so little that they will have no effect on any market maker who might be short.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
NOAH You know I have not fully bought into the "naked short " theory, only that they will just short more if needed. I must tell you that if any are short this is becoming exceedinly complicated and will cause tremendous calculations to keep it straight. If I were to bet based on the last 4 days WE WILL SEE several more PR of this nature, which will further complicate this deal. VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
And I thought you could complicate a toothpik, fogive me for accusing of you of being difficult, lol
quote:Originally posted by VNGNTN1: NOAH You know I have not fully bought into the "naked short " theory, only that they will just short more if needed. I must tell you that if any are short this is becoming exceedinly complicated and will cause tremendous calculations to keep it straight. If I were to bet based on the last 4 days WE WILL SEE several more PR of this nature, which will further complicate this deal. VAN
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
OK, As you can tell I am verrrrry new here. I have spent the last few months as an investor in this company (a humble 1.3mil shares) reading all of your posts. I have learned much here. I just want to start by thanking all of you for all of the valuable information I have acquired.
Let me first say that I have not invested any more than I am willing to lose. With that said, I am in this for the haul. I plan on selling my 300K on the way up to make some more investing money, but the remaining 1mil - I want to be worth 1mil one day.
One question I have...I am using Ameritrade. I have been under the assumption that my shares were "safe". This appears that may not be entirely true. From what I have gathered today, my shares may not be wearing any pants. If in fact my shares are naked shorted shares? I have made the decision to stick this out because what everyone hear says makes sense about the supply and demand. I we don't sell our shares, the MM's will have to let it run up a bit till they get it to a level where people are willing to sell.
Just wanted to say thanks to all here...not thanks to those (and you know who you are) that can't spell or create a sensible sentence.
posted
ANOTHER THOUGHT UCAD gapped up to $4.50 from 3.50 this morning and did not retreat. Generaly a negative negative opening signal will retreat. My 1m @3 never executed. You will recall yesterday I thought value was flowing to UCAD. VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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quote:CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.
Will, The key word in that sentence is "later". They are only saying that if you hold stock as of 8/20/04 you will participate in the dividend when we decide to pay it. That could be 1 day or 100 years from now and we will never Know how many shareholders there are until they actually pay it.
posted
Still UP, there will be an accounting of the shares 8/20/04, whether the dividend is paid or p|ssed in the street. August 20, there will be a reckoning of shares.
quote:Originally posted by Upside: originally posted by will: Will, The key word in that sentence is "later". They are only saying that if you hold stock as of 8/20/04 you will participate in the dividend when we decide to pay it. That could be 1 day or 100 years from now and we will never Know how many shareholders there are until they actually pay it.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Sorry about the fifty cent word. Magnanimous is a commonly used word in the charity circles. I agree the CIM shares are of little value. But if you're an MM who has been naked shorting, and the brokerage houses call and tell you to produce them, a commodity that isn't available you would have to admit that you have been involved in an illegal operation. They don't want to have to do that, so they will have to buy back all naked shorts before that date. That's where we make our money. This isn't a valuation issue, it's a "squeeze play" issue.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
The point is not that it will make the MM's pay money through their nose to cover or they have to buy CIM shares to give to the nakeds...the point is that they CAN'T buy CIM shares to do it...not like UCAD and how people are saying they can buy UCAD to use for "dividends" on their shorts...
Posts: 212 | Registered: Jan 2004
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quote:Still UP, there will be an accounting of the shares 8/20/04, whether the dividend is paid or p|ssed in the street. August 20, there will be a reckoning of shares.
I'm treading into waters I'm not familiar with but who will be doing the accounting of the shares? My guess is the transfer agent and CMKX. Will this information be given to us?
posted
That I don't know, but it will be a matter of record at that date, whether it will be or must be published then , I don't really know ? ? ?
quote:Originally posted by Upside: originally posted by will: I'm treading into waters I'm not familiar with but who will be doing the accounting of the shares? My guess is the transfer agent and CMKX. Will this information be given to us?
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Casavant International Mining is not listed on any of the American or Canadian exchanges and has no SEC filings, but it is supposed to have zinc properties and the price of zinc has been climbing. So it may someday be given a symbol instead of just a series of numbers. Of course we have no idea how many shares would be issued. It can't trade for under .0001 and if the CMKX share count is 400 billion we would get 1 share for each 10 CMKX shares. If our float is 40 billion or less, we get at least a 1:1 share count. If someone has 1 million CMKX shares x .0001 = $100. If you have 10 million shares it = $1,000. But all of this is pure speculation with absolutely no facts to back anything up. Its just fun stuff plus with the out side chance that there could be some real money involved. Anyway, it seems like, if the MM's have done some naughty naked short selling, then it might give them another incentive to start putting some clothes on their naked shares. And of course, they will continue to try to manipulate people into selling their stock. CMKX was going full steam ahead to an .0005 close, up 25%, when at the very last a sale was put in at .0004 So when someone looks up to see how the stock did they will say darn, it didn't go up any today.
posted
The dividend would be paid to O/S, not the float.
quote:Originally posted by STAR GAZER: Casavant International Mining is not listed on any of the American or Canadian exchanges and has no SEC filings, but it is supposed to have zinc properties and the price of zinc has been climbing. So it may someday be given a symbol instead of just a series of numbers. Of course we have no idea how many shares would be issued. It can't trade for under .0001 and if the CMKX share count is 400 billion we would get 1 share for each 10 CMKX shares. If our float is 40 billion or less, we get at least a 1:1 share count. If someone has 1 million CMKX shares x .0001 = $100. If you have 10 million shares it = $1,000. But all of this is pure speculation with absolutely no facts to back anything up. Its just fun stuff plus with the out side chance that there could be some real money involved. Anyway, it seems like, if the MM's have done some naughty naked short selling, then it might give them another incentive to start putting some clothes on their naked shares. And of course, they will continue to try to manipulate people into selling their stock. CMKX was going full steam ahead to an .0005 close, up 25%, when at the very last a sale was put in at .0004 So when someone looks up to see how the stock did they will say darn, it didn't go up any today.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
PLEASE HUMOR ME FOR A RECAP 1-CMKX has activated a wholly owned subsidiary with no value to pay a paper dividend. 2-CMKX has paid $1m to CIM for 40bn shares of unreported claims. 3-CMKX has declared a dividend in the undeclared future which is derived from a "closely" held or related company for claims yet unproven. 4-Someone related to UCAD know they got a good deal. - - - - - NOW - - - - - A-With the legal representation & the UC marketing flair WHY the convoluted manuvers B-Something must be in the works. C-A value yet undisclosed is known to several who want it badly ???? D-Management is forcing those to jump thru hoops until ?????????? VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
noah, That's more like a 2 dollar word. I'll tuck it away and use it sometime. I will concede the fact that you have a valid point about the MM's coming up with something that doesn't exist but if it doesn't exist, how is it paid to legitimate shareholders?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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