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Author Topic: CMKX IV New Thread....GOT IT - HOLDIN' IT
will
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Please, no more threads. It's difficult enough following 2 of them. There is no reason for more than one, it lets information fall through the cracks. Everyone will sell at a price they feel comfortable with anyway.
My sells are set already.
quote:
Originally posted by HarryHar:
DO NOT SELL DO NOT SELL DO NOT SELL!!!

Should we start a thread that says do not sell CMKX?



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noahltl
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Do we really want to know the OS, right away. Post from another board.


The closer to 20 Aug that UC waits to release OS, the higher the MMs will have to push the PPS to limit the number of UCAD shares they'll have to purchase. Given the UCAD OS, there is a max CMKX PPS they'll be willing to pay versus buying UCAD for CMKX shareholders. This also doesn't take into account the legal liability the MMs face by illegally shorting our stock.


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VNGNTN1
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I am watching the opening signal on UCAD Monday. There will be a message there.
= = = =
NOAH
There is a mathmatical formula we should be able to apply to ratio of UCAD & CMKX that reflects how high CMKX will go ? Need some help with logic.
= = = =
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]

[This message has been edited by VNGNTN1 (edited July 18, 2004).]


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will
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"This also doesn't take into account the legal liability the MMs face by illegally shorting our stock."
What legal liability? No one is enforcing the law / rules. The reason this situation exists is because they are allowed to do it, there is no checks and balances right now. They short every stock that has news, and it plummets, there are no consequences, the SEC enables these pricks.

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VNGNTN1
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WILL
What about a Civil suit ? We do have an attorney now ? Maybe its fix it before 8/20 or else?
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]


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noahltl
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Green Baron UPDATE, $$$$$$$$$!!!!!!
July 18th, 2004

Stock to Watch Update

CMKM Diamonds, Inc. [ CMKX ]

Last Tuesday, July 13th The Green Baron profiled CMKX as a "Stock to Watch". We strongly advised everyone to place CMKX on radar screens and to watch for new developments in the days ahead. We also stated we would send a representative of Evergreen Marketing, Inc. to Denver, Colorado to meet personally with the Chief Executive Officer and other interested parties in order to collect and confirm information.

We are pleased to announce that our representative was able to meet with CEO Urban Casavant and that we found the meetings both insightful and informative. Our representative was successful in securing a verbal agreement for a Green Baron CEO Webcast with Urban Casavant in the very near future. Evergreen Marketing will be submitting a list of questions for the webcast to CMKX legal counsel for approval.

In last week's "Stock to Watch" alert, we stated that, "One rumor of particular interest involves a...tender offer or dividend in the works". Although we used this as an example to demonstrate the potential upside in the stock, today, Sunday July 18th, CMKX seemed to confirm the company is heading in that direction by releasing the following announcement:

CMKX Diamonds, Inc Announces Dividend to Shareholders of Record Date and Option Agreement.

DENVER --(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. Read Full Story

This week we recommend to Green Baron members monitoring CMKX to watch for additional announcements by CMKX, Level II trends [particularly JEFF] and our broadcast date for CMKX's Green Baron CEO Webcast with Urban Casavant. All Green Baron CEO webcasts can be accessed by utilizing the "CEO Webcast" links on our website.

The Green Baron will continue to conduct our due diligence on all aspects of CMKX and to keep our members informed as events unfold and additional information becomes available. We would also like to inform our members that Evergreen Marketing, Inc. [parent company of The Green Baron Investors Society] will most likely increase our holdings of CMKX in the days ahead. Since events for CMKM Diamonds, Inc. may unfold quickly in the days ahead, we urge our members to monitor developments closely, watch for future Green Baron Reports with CMKX Updates and Alerts, as well as to visit our website www.TheGreenBaron.com daily for important updates.


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shadow
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Some very good points have been made regarding this PR.

1.) On or before the 20th of August we will all
know what the o/s count is based on the number of shares we are each issued of UCAD.

2.) The number of shares of UCAD per one
million shares of CMKX (assuming 400B o/s)
is 18.75.

7.5M/400B = 0.00001875 UCAD shares per CMKX shares
1,000,000 CMKX shares = 18.75 UCAD Shares
18.75 UCAD shares = $63.75 in today's dollars

3.) If the O/S is less than 400B then we
are all in much better shape...

The value per share (assuming 400B o/s)
is $510M/400B = .001275 roughly 3x
where the pps is currently.

(all of this is using worst case senario
numbers.)

4.) As Van pointed out the Book value has
essentially also been established. If 5%
of "all" claims as stated in the PR is being
purchased for $25.5M then the intrinsic value
can be assumed to be $510M.

This is not to say that the company is not
worth more. This is the value based on the
value placed on the claims sold.

Unfortunately we cannot put a P/E of 10 or 20 on the value at this point because we
do not have any earnings. IMHO


5.) As of May 18th 2004 UCAD had 7.7 Million
common shares outstanding. Initially this
might mean something but eventually this
can be diluted with the issuance of more shares...


UCAD has 100M a/s with a reverse 125:1
which occurred at the beginning of the
year...


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noahltl
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quote:
Originally posted by VNGNTN1:
I am watching the opening signal on UCAD Monday. There will be a message there.
= = = =
NOAH
There is a mathmatical formula we should be able to apply to ratio of UCAD & CMKX that reflects how high CMKX will go ? Need some help with logic.
= = = =
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]

[This message has been edited by VNGNTN1 (edited July 18, 2004).]



Van, I'm not sure what equation you are looking for. How high CMKX will go is relative only to supply and demand.

If you're looking for an evaluation equation, it would seem that UCAD believes that 5% of CMKX mineral rights equals 7.5 million shares of UCAD @ $3.40 per share.

That equation would be:

If "x" equals UCAD evaluation of CMKX then:

.05x = 7,500,000 times $3.40 ($25,500,000)
X = $510,000,000 (UCAD's evaluation of CMKX)

Of course we won't know share value until we know the OS.

Don't know if that's what you're looking for or not.



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RaiderJR
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Remember that would be a wholesale type value, what UCAD would pay for the right to make much more money.

CMKX claims would therefore be worth much more.


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WorkAHolic
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Does this mean that someone may want my 5mil shares at .50? I have a wedding I have to save up for. Maybe I should take that order down. Any advice? I'm easy.
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Highwaychild
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(W) Tommy Johnson Jr. (Skoal Racing Monte Carlo)0.076 5.136 295.14
(L) Jeff Arend (CMKX-treme Firebird) 0.049 8.743 101.26

Arend loses traction by 150 feet and clicks it off. Tommy Johnson Jr. with a good looking pass in the heat of the day. He has low E.T. of the session and will have lane choice over Force in the next round.
NHRA
_________________________________________________________________
Jeff's out of the race.Too bad,would have been racing John Force if he could have won.
Racing John Force would have even got alot more of attention for CMKX.



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VNGNTN1
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NOAH
Not exactly.
The MM will be looking to reduce position using both companys
BUYERS of CMKX will be NEW buy others taking profit.
OTHERS will be calculating and buying which company when.
VAN

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OilMan
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At 400 Billion OS that would make share value .0012
quote:
Originally posted by noahltl:

Van, I'm not sure what equation you are looking for. How high CMKX will go is relative only to supply and demand.

If you're looking for an evaluation equation, it would seem that UCAD believes that 5% of CMKX mineral rights equals 7.5 million shares of UCAD @ $3.40 per share.

That equation would be:

If "x" equals UCAD evaluation of CMKX then:

.05x = 7,500,000 times $3.40 ($25,500,000)
X = $510,000,000 (UCAD's evaluation of CMKX)

Of course we won't know share value until we know the OS.

Don't know if that's what you're looking for or not.



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booboo
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This news will make for a good short play Monday.

My predications: opens at .0006 moves up to .0008 closed at .0005.
People will start locking in profits right around lunch time.


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VNGNTN1
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RJR,WILL ,UPSIDE
To cleanup the other thread! I missed a key word "ALL" which I tried to edit all posts where calculations were made without it. Also I believe MM's will continue to short until they realize "VALUE" cannot be overcome, thru declared provable assets or dividend distributions.
CMKX will have some trouble providing distributions without transforming assets to cash.
NOW that takes care of MM
Shareholders can make some money on perception. I"m not a buy & hold guy. I buy and take profit above 10%, NO MATTER WHAT, and move to next deal. I have been holding 5 years and put more $ in recently When the numbers change I will also.
VAN

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will
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Good luck, Van, and thanks.
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tahoechris
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quote:
Originally posted by booboo:
This news will make for a good short play Monday.

My predications: opens at .0006 moves up to .0008 closed at .0005.
People will start locking in profits right around lunch time.



If I end up picking up more tomorrow I wont sell, its worth more to hold imho.

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rivercity
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just got through reading pr,AMAZING,UC JUST MIGHT PULL THIS OFF...pay date for dividend is aug. 20. does this not coincide with dateline story, i believe termed "stockgate".anyone know? i'm still checking.AMAZING, this will put a tremendous amount pressure on shorts.... already put my order in for 1mil @.oooo6. i think uc has gottem' by the gonads and boy are they going to pay.........rivercity
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Jeremy
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quote:
Originally posted by rivercity:
just got through reading pr,AMAZING,UC JUST MIGHT PULL THIS OFF...pay date for dividend is aug. 20. does this not coincide with dateline story, i believe termed "stockgate".anyone know? i'm still checking.AMAZING, this will put a tremendous amount pressure on shorts.... already put my order in for 1mil @.oooo6. i think uc has gottem' by the gonads and boy are they going to pay.........rivercity

No, the paydate is NOT the 20th. There are two dates when talking about a dividend. The date by which you must be a registered shareholder of the company, and then the payout date. These are never the same.

The 20th is the date your name must be in the books to be eligable for the dividend. The payout date will be determined later, which it even states in the PR.


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rivercity
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jeremy, thanks, i ran through the pr to fast,to much excitement,what about the dateline story? have idea? rivercity
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Jeremy
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No idea about the dateline story, I have not been following it. Heard of it, but never bothered to look into it much

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bill1352
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i agree with doc d the pps will not rise much for at least a week it may even be into the second week of aug before it starts moving...with ucad's o/s the 3.40 price probably will drop some at first but it should make it up over a short course of time...i also agree with whoever said UC should keep the o/s unknown till the last hr...it will help hold the pps down for a while and allow more new ppl to buy in which will ultimatly make covering that much harder and thus in the week before the 20th drive the pps that much higher
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Upside
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Well, everyones singing the praises of this but, if the o/s is 400 billion and UCAD goes to 4.00 per share, I get 150 bucks for my 2 million shares, not exactly the motherload that everyones been talking about. About the only positive I see in this whole thing is that if nothing happens with the share structure between now and the dividend payable date, we will be able to figure out the o/s. Also, they have promised a share dividend in the past that never took place, the same thing could happen here. Many people are screaming "dont sell", if this stock gets to your initial sell point, sell it! There's still way too many unknowns to hang onto it.
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STAR GAZER
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Lets go with the worst case of 400B. We came up with this meaning that CMKX being worth $0.0012 (which interestingly is the previous high point for this stock) We got the .0012 value by putting in UCAD's Friday close of $3.40, however, in March & April UCAD was in the $7 area. Between now and Aug 20th The price of UCAD could go back up, especially if the MM's have also been naked shorting it as well as CMKX. So that alone could mean that CMKX's value is closer to .0025
Also, if other companies want to buy into the company, they will have to pay a lot more than UCAD did so that will add to the value that people put on CMKX. If we don't sell our shares and the people over at the Raging Bull don't sell their shares, the MM's will be forced to cover at a higher price. It was pointed out months ago, that the MM's virtually always make money and the real share holders allways loose when the MM's naked short a company except in the rare instances when the price of the company starts to advance because the company can show that it has real value. This sounds like one of those rare cases and we are lucky to be a part of it, well, not lucky, but smart enough to have bought the stock early on.

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Upside
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This dividend will have no effect on any naked shorts that might be out there. At 40 billion o/s, the dividend price per share is .0001875, at 400 billion, add another zero. If you want to see some naked covering, make the dividend something substantial. This won't do it.
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VNGNTN1
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UPSIDE
Got to agree with you on that.
VAN

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Money_Penny
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Upside,

Wallace must be off today or he has nothing negative to say (yet), but you're doing your best to take his place!!! As always, though, you opinion is welcome.


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noahltl
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If we are only looking at what the dividend does to our current value, I agree that this isn't the bomb we've been looking for. But with the demand that will be created by new investors, old investors loading up on more, and the MM's trying to buy to cover their naked shorts, the PPS will have to rise considerably during the coming weeks. While the MM's will try to hold it down, to make it appear that this dividend does not affect them, time and the laws of supply and demand will take over.
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noahltl
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Latest thoughts from Zen

Posted by: zeninvestor32
In reply to: None Date:7/18/2004 8:29:17 PM
Post #of 55571

WHERE TO FROM HERE?

I will reiterate my earlier feelings. The market makers likely have clients (probably some very large hedge funds) who have now been served an official notice that August 20 is the first pain threshhold. This gives the market makers about 30 days to work their magic. These guys are pros. Their job now for their clients is to help their clients cover at the lowest price possible. They will now IMO control the ebb and flow of trading to facilitate this in the best way possible for their clients (additionally the MMs themselves are probably a bit worried about THEIR butts if this thing spirals out of control).

Accordingly, I expect still a lot of monkey business before we start seeing real pops. Agenda #1 from the MMs will IMO be to get the market to believe this news was "no big deal" and thus bait shareholders into selling. The bashing online will likely continue (albeit significantly weakened). I don't expect they will hold it down too long though since they know that literally any day OS could be realized and if it's low enough, it will put a sizable nail in their coffin. My guess is that Roger and Urban have many other signficant pieces of information that will "nudge" the market makers in the right direction should they try to stall out anything too long.

First area of interest will probably be .0005. Could be a 67% gain for many that bought at .0003 and a 400% gain returned to those that bought at .0001. I look for them to work that area as best they can. Next signficant area will obviously be .001 to .0012. A return to this area now puts EVERYONE that has bought in the last 60 days in the green. Many will want to take profits. TA "experts" will claim there will be a retracement (and there may be but only if the shorts decide it will be worth the risk). And many that bought on the recent downturn will want to lock in profits. Depending on how much more information is available to the public, there may be a signficant selloff at .001 simply because many people will want to lock in gains and are still in a "too good to be true" mentality. I look for them to test .001 considerably and possibly even try another rundown back to .0005. We'll see. Their time is limited. They just may not be able to do this.

After that, I have no idea how this will work. This is truly the first time I've ever seen a situation like this develop and I have no idea what to expect. Even the above is just guesswork. For all I know, we open at .001 tomorrow and never look back. But honestly, I expect the short position and MMs will act like the pros they are and work these next 30 days with an aggressive intensity to help their clients (and themselves) as best they can.

The market makers have one small advantage in this. Our fear and impatience just as always has been the case. Let's take someone that owns 10 million shares. Let's say this jumps to .005 next week. Well, hey, that's 50 grand!! Now let's say the MMs (who carefully monitor money flow and know precisely when buying has dipped and they can make a run) decide to drop it. Maybe even back down to .001. OH NO!!! My $50k is now $10k!! This feels terrible. But now when the stock eventually returns to .005, this shareholder is MUCH more in a frame of mind to "take 1/2 off the table just to be safe".

Ok, now let's ratchet the stakes up a bit. Let's say this thing gets to 5 cents! Now a shareholder with 10 million shares has 500 GRAND!!!! Buying momentarily dips, the MMs jump in and tank it back to a penny. OH MY GOD!!! MY 500 GRAND IS NOW 100 GRAND, OH PLEASE OH PLEASE GET BACK TO JUST 5 CENTS SO I CAN SELL. Do you see how this works? Do you see what is ahead?

The last 45 days have tested everyone's nerves. As the stakes increase, expect to be tested far greater than ever before. Right now, my guess is the MMs are mapping out their strategy. Whether it works or not, even they won't know. But they surely have a strategy IMO. One slight wrench in their plan of course is that more news from Urban/Roger could come at any minute. In fact, I expect it WILL come ... as "prods" and "pushes" are necessary to keep the MMs in line.

I personally don't expect much this week as I believe this first level of .0005 to .001 must be toyed with to see what's available here. But that's a full week out of the next 30 days that will be gone. Things should start picking up the pace after that IMO.

I'm excited. This will be fascinating. Today's PR IMO was truly the beginning. I believe this runs so much deeper than most anyone expects. The naked shorters literally finally got caught with their hand in a very serious cookie jar IMO. The penalty may take away a very, very, very significant percent of their profits through naked shorting over the past 8 years or so. As I said in an earlier post last week, I believe when this blows open, there will be a massive redistribution of wealth. I still believe that.


Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.


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bill1352
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noah....i think i have to agree with the re-post you added from zen...money is money and unless you have a few million in the bank if a average joe see's enough cash to pay off the morgage and all his bills or her bills they have to take it. i also don't see the pps getting to the point to pay off my bills as i have 1.2 mil shares but if UC can put the pressure on with the correct pr's as in him & the insiders own 50% or more of the o/s then we might see a unbelievable increase in the pps in the last week before the 20th...maybe even .05 is possible but i bet buying in at .0005 will be possible most of this week...swing traders will be making a killing on this stock over the next month
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STAR GAZER
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What I found interesting Friday, was that the stock spent half the day at .0004 and the rest at .0003, it never dipped even once to .0002 I bought most of my shares at .0001 and had gotten nervous, thinking, why didn't I sell 10% to 15% at .001 So Wednesday I put in an order to sell 20% at .0005 But Friday, an hour before the close, I said, wait a minute, I'm letting the MM's manipulate me into selling shares that I really didn't want to sell: MM really stands for Major Manipulators. And since it would bounce right back to .0004 every time it got to .0003, I decided that something was going on and cancelled my GTC sell order at .0005 Like you say, they will go back to manipulating the stock and try to trick people into selling their shares. But I've decided that I will wait, there are just too many good things about this stock. I will probably still be holding on to it years from now, and I think that there is a good chance that it will be worth millions at that time. OK, OK, I know that every time somebody says that it will be in the $$ range, that people say no way, but I think that there is a realistic chance that this could happen. I will keep on watching this stock, and as long as it looks like things are going in the right direction, I will continue to hold it.

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noahltl
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Van, I understand why you would want to make this a short play, it has volatility, and for day and swing trades, it may make a quick profit. That's the way we normally play, but this is not a NORMAL play.

As for the valuation theories, I post other peoples opinions when I see what I think is a good one, but not too often do I post my own feelings, but here goes one on how I 'feel' right now. You may take it as bashing or pumping, but it is just my opinion as things stand right now.

I believe that this dividend is a 'paper shuffle' between UCAD and CMKX, which really means a shuffle from Urban's right hand to his left. It's design is to put the MM's in the box, and force them to reveal their hands, and Urban didn't have to put up a dime of cash to make this happen. He has played it brilliantly. Now the MM's have to either pay up for the shares of UCAD, or buy our shares up cheap to cut their losses.

Are there really any naked shorts out there? Only the MM'x and Urban know for sure. Urban knows how many shares are outstanding and how many the company owns. If there weren't a ton of naked shorts out there, what would be the use in paying this dividend to shareholders. Think about it, why would he want to just give us that money?

Personally, I don't think he is giving us anything. I have believed for a long time that he bought up all of the authorized outstanding shares for the company, while they were at .0001. If the company holds all of the OS that's authorized, the dividend will be paid directly to CMKX and he won't have to give us a dime's worth. He is going to let the MM's pony up that amount.

They know that too, and the only way out is to buy back all of the naked shorts before August 20. How much will they pay for those naked shorts? As much as we hold out for. What other choice do they have, except buying enough UCAD at $3.40 or more to produce 'dividends' to the brokerage houses to cover all of us "nakeds".


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hammer1home
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i think you are incorect in the way you are reading the pr it says paying dividend "on" august 20 does not say as of or up until
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Wallace#1
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Do not think I haven't been watching this. Let's just see what happens down the road. I am sure noahltl will keep the crow dish ready - just in case. Just remember this...I shot about 10 crows today. LOL
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noahltl
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Good for you Star Gazer. Hang tight. But I agree, there is a point for all of us to get out. A million dollars is a lot of money to us "po' foke". So yes there is a point where even I will get out. But let's not sell our dreams short. How many more CMKX stories will come around in a lifetime? This is one for the books, and I don't think the MM's will ever let themselves get caught in another predicament like this.
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