Pink Sheets...

CMKX -- CMKM Diamonds, Inc.
Com ($0.0001)
Primary Venue: Pink Sheets

Best Bid: 0.0003 (1000000 shares)
Best Ask: 0.0004 (2 shares) *

Date/Time of Last Inside Change: 14:39 * Quoted on the Pink Sheets

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TRADE DATA Last Sale: 0.0004
Change: +0.00

Percent Change: +0.00
Tick: Up
Daily High: 0.0004 Daily Low: 0.0003

Opening Price: 0.0004 Volume: 291,073,867
Annual High: 0.0040
Annual Low: 0
Dividend: 0.000 Earnings/Share: 0.00
Previous Close: 0.0004 P/E ratio: N/A
Yield: 0.00
Beta Coefficient: 0.71
Last Trade Date/Time: 15:35

AmeriTrade Real time Quote...

quote:

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Originally posted by tic_toc:
lol which stock was it? Didnt know there was any other stocks this heavily traded

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quote:

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Originally posted by Wallace#1:
Hi tradingpennys,

Nice to see you again.

Those investment companies are very small by normal standards. In addition, 2 mil + 1 mil-, + 40K or even a full million is very insignificant. I think you might be saying the same thing as well as indicating that one of those firms dumped CMKX shares. Correct me if I am wrong.

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quote:

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Originally posted by tic_toc:
something does not tally.

First Niagara Investment Advisors, Inc. -
Shares Held: 2,000,000
Change: 2,000,000
% O/S: 0.3%

Wagner Capital Management Corporation Shares Held: 999,999
Change: 999,999
% O/S: 0.1%

these percentages are completely inaccurate.

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I think we will continue to see .0004 for at least a few more days...

Any higher up in PPS and it may cause higher buying pressure, which could spark a run-up...

Going down to 1/2/3's would only cause more buying pressure... since we could easily lock in great rates!

So what is the best they can do? I guess it's .0004

3.75 million shares and counting

Payday is just a few days away...

quote:

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Originally posted by bill1352:
tradingpennys...that is what the post says but that would mean the total o/s of cmkx is 1 billion and i don't think even sterling could say that with a straight face...lol

[This message has been edited by bill1352 (edited August 10, 2004).]

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Next comment: I've decided a long time ago that I will not talk about the share structure of this company. 99% of the questions I'm getting pertain to share structure. Today I've had some conversation with 2 very intelligent people regarding this subject. These people know what they are talking about. They know a heck of a lot more than I do. Therefore when I come back on Sterling's board and I won't be coming back everyday. I will only come back when there will be a PR out and we can discuss it. I'm nog going to say things not brought out in PR. When PR is out, I will take questions pertaining to that PR. Same goes for phone. What's happening is that people are bombarding me with questions that I can't answer. I wish on my stars that I could but for the betterment of the company, the answer is no. When I mean "no comment" I mean "no comment". So don't ask the same questions over and over again. Uncle Melvie didn't fall off the turnip truck yesterday. I know when someone is asking the same questions from a different angle. Yes, I know exactly what he is thinking. If he won't answer then what is the point. I will tell you all about drilling, land claims, borders of SASK. What I WILL NOT tell you or discuss is the share structure of this company. I do not live in Las Vegas. I do not constantly talk to UC. UC does not tell me about lawyers, TA's mergers, wheelings and dealings. What UC tells me is: Mel, you stick to the PR's and to what you know which is the FALC diamond project. From now on, I will not talk about share structure. If you have questions about share structure, I will write them down and fax them down to Mr. C. and let Mr. C. and the lawyers answer the questions. If he doesn't respond then he is not going to answer it.

What else can I get off my chest?

We are starting to drill. Either started yesterday afternoon or this morning. We won't have results bing bang boom. Probably take a couple weeks before we have results.

Meeting is going ahead as scheduled either later today or tomorrow. I'm going but I don't know who will be there.

Results of meeting will be made public in PR.

I won't say we are going to the moon or such. I do get excited sometimes.

We are working very hard. If you would like to come up here for yourself come on up. You're more than welcome.

Everyone is working hard, and we are striving to get ahead. In fact, I know we will get ahead.

I can't think of anything else to say. Since I won't answer questions today and only be here a couple of minutes I will relinquish the mic. and stay on Paltalk and listen to a few comments.

Commenting about songs he plays not being subliminal. Nothing about songs related to CMKX except for Fleetwood Mac, Don't stop thinking about tomorrow.

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After half an hour he came back and said nobody called..

quote:

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Originally posted by cool1sh:
After half an hour he came back and said nobody called..

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I had decided to be silent for a while as many appeared to be delusional about CMKX. I have not intended to offend anyone only to help many to find a reasonable position with CMKX.

I haver to say what I have seen here is unbelievable.

This is a market maker ploy and many of you are falling for it. Obviously bashers have infiltrated our midst, but it isn’t the ones most are pointing the finger at. Many pointing the fingers are the bashers.

We tried to warn everyone to be rooted in DD and be long on this stock. If you were in it for the short then you were in it for the wrong reasons.

The best thing for most to do is either sell or walk away from the computer because you are only doing damage to yourself and other investors.

CMKX is still the bomb and obviously few are playing it for the long term.

That’s all I have to say.

Go ahead and bash away at me as well.

But Success is still ours.

quote:

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Originally posted by bill1352:
i've been reading how a few of the super pumpers are now saying the mm's may not have to cover any naked shorts before the ucad dividend is due or the date we need to own cmkx to get it. when the dividend was first announced they were yelling how great it was because all had to cover by that date...not that i ever read their whole posts i just cant be in fantisy land that long without brain cramps...but i wish they'd get their story straight...i believe all naked shorts were covered at the .001 run myself but the numbers say if its shorted a little it would not make sence to cover ucad shares when 10 days later they would have to cover with cim shares too...lets say 1 billion shares are naked, the mm's get $400,000 they would need to buy 15,000 shares of ucad at a $6 pps thats $90,000. they make $310,000 to us thats good money but in mm land its not much and thats not figuring in the ucad o/s. we have seen it move .25 on a few thousand shares thus increasing the cost. by adding the cim in its just not worth the hassle and the juinia too. you've turned a $310,000 profit into busy work and there are plenty of other stocks to short for real mm money to be bothered with busy work. IMO if its shorted it wont be by the 17th and if the pps doesn't move much it isn't shorted much. the pps is due to a stupidly high o/s. if the o/s was within reason even without diamond results the pps would be .25 or there abouts. to many things say cmkx could find huge amounts of diamonds. JMO

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I don't disagree with you bill. I've never made any predictions as to what the O/S may look like but I'm perfectly willing to agree that 483 billion sounds reasonable. But even at that number, and as much as I would like for it to be lower, if the company is really sitting on diamonds or other minerals than I believe the company is undervalued at .0004. That puts the company at $200 million and when I look at the adjacent DeBeers property along with it's value (billions $) it simply means that the company has tremendous potential.

That potential keeps me here long and strong knowing that the money I have in this is money I'm willing to risk. I don't discount the risks by the way, but I also don't discount all the DD that makes up the potential.

I've never followed Mr. Melvin... I understand he has connections with CMKX and from what has been said he is extremely knowledgable in certain areas, however he never striked me as someone who was particularly in 'the loop' but then again I maybe 100% wrong... I was just never very sure you know. The worst he is harmless, like a stingless bee, which there are you know, in the Galapagoes (sp?!) Islands... No natural enemies on the Island other than byrds,lol...

I am just sticking to what the PR's say and so far everything has been good...

Huge O/S or not we are dealing with precious materials... hopefully lots of it.

Some of the other boards are in an uproar but I think we need to just hang tight and wait for CMKX to offcially give us a nod, in one way or another...

Nothing has changed except for the fact I felt more comfortable today in CMKX so I bought more shares

Now I just have to decide what to eat for dinner... Chinese?!?!

Where's our wizardress ???lol...
=============================================
Money P...

How are you buddy??? What a day today! The name may be different but I'm still the same Patrol DewBack Lizard kind of guy (think the can man...hehehe)

=============================================Pharm

How's the waterin' hole been??? I gather you've been in it,lol... that or you've been working... lol...

Our qbid is still doing strong !!!

=============================================

quote:

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Originally posted by cool1sh:
Sine we dont have Upside today, I copied this from other thread..
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First of all a couple things I'd like to address.

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Hey coolish, where did you get this thread from? Can post the link?

Fifth, CMKI believes that its shareholders and the targeted company's shareholders will best benefit from a "cross-dividend" policy. For example, if CMKI acquires a new target company in an exchange of shares, CMKI will pay its shareholders a mandatory 8% dividend of the total number of shares exchanged with the new target company. The shareholders of the new target company will be treated with the same fairness and therefore will be entitled to receive a mandatory 8% dividend of the total number of CMKI shares exchanged with the new target company. Since the mining and mineral resources business is highly fragmented, CMKI believes that its acquisition strategy will provide a way to leverage its assets into a larger more diversified portfolio of companies.

7,500,000 x 8% = 600,000

If distribution is: .0000155

then 600,000 / .0000155 = 38,709,677,419

lol, now we really are grasping all hope of the O/S not being 483 billion.

quote:

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Originally posted by Brad:
Hey coolish, where did you get this thread from? Can post the link?

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quote:

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Our current Market Cap is 200 million at 500 bill OS, even if all we find is one pipe worth 2 billion that is a ten fold increase. We could easily move to .004.

With my shares I would make 100 K. That isn't too shabby.

I really believe that is the absolute worst case here. IMO. I know we want to be zillionaires and that is possible. All you need is for 1/2 to be owned by UC, and the 1/4 bought back and retireable.

I am very happy where I am sitting.

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This morning me and someone got into a bit of a tiff and I lost my privledges,lol... Worse then detention!

Thanks for the congrats... I really doubt if I'd be able to hold out that long... lol... I was shooting for 4.25 million shares but because of usci, I may fall short by like 150k-250k shares Who knows... If USCI makes a small run up in the next two weeks I will use half of the profits for cmkx and bank the rest...

USCI may run at the end of this month due to some new information, website, investor hotline, ect... I may start to shift focus from CMKX to USCI however my time for USCI may be limited... I guess we have to see...

RaiderJR -That certainly is a reasonable post and a reasonable evaluation. I think that is entirely attainable in the short term. I am taking a short, medium and long term view with this one. Most people would be happy to have a price movement like that in the near future. If the share count is better than expected or the naked short share theory proves true than we would also see a price gain.

quote:

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Originally posted by Wallace#1:
Will,

No offense, but let's just forget it. It is in the past. OK?

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Even though we all know stock patrol is not the best source for information....I thought this was a interesting article... http://www.stockpatrol.com/schlock/doghouse/u_cmkm4.html
UPDATE: CMKM DIAMONDS, INC. (Pink Sheets: CMKX) - CONCENTRIC CIRCLES
August 10, 2004
If complicated, convoluted relationships could be transformed into diamonds, CMKM Diamonds, Inc. (Pink Sheets: CMKX), would have a wealth of revenues. The Company has recently announced a series of agreements with several other entities that turn out to have intertwining relationships and players.

The CMKM-U.S. Canadian Nexus

As we noted previously, last month the Company announced that it would sell 5% of its mineral claims to U.S. Canadian Minerals, Inc. (OTCBB: UCAD) in exchange for 7.5 million shares of U.S. Canadian stock. Update: CMKM Diamonds, Inc. - Sharing Shares.

This seemed like a windfall for CMKM and a monumental gamble for U.S. Canadian, whose stock was trading at approximately $4.80 per share at the time. That market price also was puzzling considering U.S. Canadian's precarious financial situation. As of March 31, 2004, U.S. Canadian had $408 in cash, no current revenues, and concerns about its ability to continue as a going concern.

While CMKM was about to enjoy a significant payday - $36 million - U.S. Canadian appeared to be buying the proverbial pig in a poke. The value of CMKM's claims remains purely speculative. CMKM has yet to disclose any meaningful revenues or disclose the discovery of marketable diamonds.

Since CMKM stopped filing public reports with the SEC in July 2003, there has been a dearth of verifiable information about the Company's operations and financial condition. Instead, "news" about CMKM has been fueled by vague press releases, tout sheets from promoters, and chatter on Internet Message Boards.

The agreement with U.S. Canadian also afforded CMKM the possibility of another boon. U.S. Canadian was given a one year option to acquire an additional 10% of CMKM's mineral claims for $15 million in cash. In view of U.S. Canadian's financial woes this seemed unlikely to occur within the short one year period. Unlikely, however, did not translate into impossible.

It took just nine days. On July 27th, CMKM announced that it had received $3 million from U.S. Canadian, representing a partial exercise of the option. CMKM did not say where U.S. Canadian obtained those funds. Neither did U.S. Canadian, which issued its own press release disclosing the $3 million investment.

Many of U.S. Canadian's public shareholders may be wondering why their Company, hard-pressed for cash to fund operations and carrying cumulative losses of more than $18 million, would divert such a large chunk of cash to a seemingly speculative venture spearheaded by another company. At least one large shareholder, however, must have been quite pleased - CMKM.

Indeed, CMKM may now be U.S. Canadian's largest shareholder, with 7.5 million common shares issued by virtue of the July 2004 agreement. As of March 31, 2004, approximately 7.6 million shares of U.S. Canadian common stock had been issued and outstanding. Assuming U.S. Canadian did not issue additional shares between the end of March and July, CMKM now owns almost 50% of the U.S. Canadian common stock.

That fact casts a new light on the U.S. Canadian-CMKM relationship. And, as we discovered, there are other threads connecting CMKM, U.S. Canadian, and a small group of related companies.

Enter, Nevada Minerals

On July 26, 2004, CMKM announced that it had agreed to acquire a 60% interest in 500,000 acres of "potential Kimberlite mineral property in Saskatchewan, Canada" from Nevada Minerals Inc., a private Nevada corporation. In consideration for that interest, Nevada Minerals would receive 75 billion restricted shares of CMKM stock.

The transaction was complicated since not all of those shares would be coming directly from CMKM. Instead, CMKM would issue 35 billion shares to Nevada Minerals, and the balance, 40 billion shares, would be contributed by CMKM's CEO, Urban Casavant.

The Company claimed that the transaction had been structured in this manner to reduce potential dilution to CMKM shareholders. This sudden concern for dilution is striking. Between late 2003 and March 2004, CMKM increased its authorized common stock from 500 million to 500 billion shares. Update: CMKM Diamonds, Inc. - Less And More. The Company, which does not file public reports with the SEC, has not yet disclosed how many of these shares have been issued. If all, or almost all, of the 500 billion shares have already been doled out, CMKM may have had a second reason for asking Casavant to contribute shares to the Nevada Minerals deal. The Company may simply be running out of authorized stock.

The structure of this transaction might appeal to Casavant in any event. If the property proves profitable, Casavant will receive one half of the net proceeds from mining on the property, up to $62 million.

That payout is disproportionate to Casavant's investment in the venture. CMKM is acquiring a 60% interest in the property, presumably entitling the Company to 60% of the proceeds. Casavant is providing slightly more than half of the shares to be issued to Nevada Minerals - which should equate to a 32% interest in the property and its profits. If he receives 50% of the proceeds, CMKM will be left with just 10% - assuming Casavant's share will be coming from the 60% interest now being acquired.

The July 26th press release took pains to point out that Nevada Minerals was "unrelated to CMKM." It is, however, related to U.S. Canadian - CMKM's business partner.

As CMKM acknowledges, the "potential" kimberlite property in Saskatchewan is being developed by a joint venture between Nevada Minerals Inc. and U.S. Canadian.

The relationship between Nevada Minerals and U.S. Canadian transcends a mere joint venture.

On January 20, 2004, U.S. Canadian entered into a joint venture agreement with Nevada Minerals to develop the Saskatchewan property. Under the terms of that agreement, U.S. Canadian was required to contribute 5 million shares of its restricted common stock to the joint venture. Those shares were valued at $6.9 million on January 20th (based upon the market price of $1.38 for U.S. Canadian shares) and are currently worth $30.5 million (based upon recent market price of approximately $6.10).

In exchange for those shares, U.S. Canadian would receive 20% of the revenues generated from the property - .but there was a significant limitation on U.S. Canadian's ability to realize any revenues. The joint venture expires on January 20, 2005 - which happens to coincide with the one year holding period for the restricted shares issued to Nevada Minerals. Unless the property generates revenues within the next five months, it appears that U.S. Canadian's right to receive 20% of the proceeds will terminate.

And while U.S. Canadian has characterized the 5 million shares issuance as a contribution to the joint venture, as a practical matter it appears that the shares went directly to Nevada Minerals. A Form 3 filed with the SEC by Nevada Minerals on January 30th, identifies Nevada Minerals as the direct owner of 5 million shares of U.S. Canadian common stock and 4,850 shares of U.S. Canadian Series A Preferred stock. Each of the Series A Preferred shares could be converted into 100 shares of common stock.

As a result, Nevada Minerals became U.S. Canadian's largest common shareholder, at least until CMKM came along.

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IF:

1. IF the cross dividend initiative from this PR, http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Jan_7/ai_96198036 , is still going. It basically states that CMKX will do a number of cross dividends with selected companies and that 8% of those shares of the other companies will go to CMKX's shareholders.

2. IF Urban is only issuing that 8% of the shares from the cross dividend to CMKX's FLOAT.

3. IF the .0000155 shares of UCAD per CMKX share payout is true, as most say it is.

IF ALL of the above are true then CMKX's float HAS TO BE 40 billion!!

GREAT NEWS!

Here is the math for those needing it:
(7,500,000 shares of UCAD) * 8% = 600,000 shares
(600,000 shares of UCAD) / 0.0000155 = 38,709,677,419 shares in the FLOAT

That 38.7 billion calculated to be the float is roughly 40 billion. What makes that 40 billion number SO INTERESTING is the fact that the second dividend for us CMKX shareholders is set to be 40 billion shares of CIM. That would make for a PERFECT 1:1 share payout!

Now, what a coincidence!!!

Urban has said all along to FOLLOW THE PAST PRs!

Assuming the above 3 things are true, the FLOAT OF CMKX HAS TO BE 40 billion!

The above is all IMHO. I am not attempting to persuade anyone of anything. This is simply free speculation for the masses!