posted
I'm pretty indifferent about the PR. It doesn't change my opinion about my investment and no, I don't think it do anything to the pps. Looks more like a marketing gimmick than anything else. Bad timing if you ask me with everyone waiting on a PR on the O/S but oh well.
Melvin will likely catch it in the shorts this evening from people either calling him or chatting on Paltalk. The company opened itself to bashers and speculation on this one. Can't say that I blame those that attack it. As for me, like I said, it changes nothing.
So that guy who messed with noah messed with you too? WTF?!?!?
When was this???
He sure did... It was on July 8th... He got more than he bargained for with me though. Hopefully, I won't have any more trouble with him.... for his sake...
Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
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posted
so today we have a new visa card and someone starting rumors about a take over at .50. i wouldn't sell a single share under .50 if for no other reason then to say i have shares in such a soap opera...a sitcom soap opera at that. between the pumpers and the company you'd have to watch the cartoon network to find this kind of stuff. beavis & butthead could do no better. and still its opossible to one day make huge money from cmkx...only in america.
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
I repeat too - EXACTLY lol Especially when I put $100 US - I loose about $150 Canadian. Posts: 1021 | From: Canada | Registered: Feb 2004
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posted
you guys thinking of buying any of the UCAD?--i kept trying to hint that that might be the play..but i kept getting hung up answering questions...LOL
Posts: 36378 | From: USA | Registered: Sep 2003
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quote: -------------------------------------------------------------------------------- Originally posted by Upside: A million shares of CMKX: $400.00, Tickets for the CMKX funny car race: $50.00,
Upside $400 dollars for a million - you paid too much lol (by the way this should be a quote of the day). ---------------------------------------------- I second that-good one!!
--------------------------------------------- You want to know the real secret of how to have a million dollars in the pink sheet stock market?
************************
Start off with 20 Million and get lucky. IMO-DD-GLTA-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
Glassman- Van was asking out loud about UCAD s a play and I didn't really think it was until I realized that if there is a short on shares they can never get enough UCAD to cover. So I thought that might be good. But then again if there is a short they cannot cover I won't need much of anything else. IMO-Debi
Wallace -I just got my certificates (only for 5 Million shares). They are signed by Urban Casavant as President. Then Corey Klassman as the Secretary and then the authorized signature under the seal that I cannot make out. It is not a U.
I don't think they are necessary and may be more of a pain than they are worth. I enjoyed getting it and it was fun to see it but may be a pain to transact. GLTA-DD-IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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quote:Originally posted by glassman: you guys thinking of buying any of the UCAD?--i kept trying to hint that that might be the play..but i kept getting hung up answering questions...LOL
glassman I will acknowledge your good hint - I just like volume discounts - how many times can you get 1 000 000 shares for 100 bucks, not with the UCAD LOL
posted
almost all of the shares issued looked like they were restricted, but some are trading...the float is tight..... i also have a good deal of respwct for VAN.. he has good instincts...i would not look to hold it long... but it would make sense to watch it close... and yes, i unnerstand about the price, but %age is %age.....
[This message has been edited by glassman (edited August 11, 2004).]
posted
i would guess they will have to do something like a FWD split to get everybody a reasonable number of shares... i'm not going to wildly speculate... i'll let you guys do that..LOL just try to be reasonable OK???????
Posts: 36378 | From: USA | Registered: Sep 2003
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posted
According to the OTCBB web site UCAD has 100 million authorized. I haven't confirmed it but if it's true, whats to prevent them from doing another reverse split as they did in January or February and rendering our restricted shares basically worthless?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Just confirmed it. According to their latest 10Q they do have 100 million authorized.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
as long as its a reporting company, they are required to announce this type of thing in ADVANCE---it is a reporting company right now, that's why i did all my research there. i will say that in advance that i am not in... but i am watching...
the reverse split would be taking your 5 shares and giving you 1 share a ForWarD split will give 5 shares for your 1....( i am just picking random numbers) the price goes down on the split, but you have more shares... this makes sense in the long run...i am GUESSING here, but this makes the most sense...if you have confidence in UC.....everybody will get a few shares of this, why would you sell it??? so people will hold...and i have said over and over, i think (even at 400 billion sh)that the company is worth what you are paying for it today.... good luck...
posted
Upside Member posted August 11, 2004 19:36 -------------------------------------------------------------------------------- Just confirmed it. According to their latest 10Q they do have 100 million authorized.
yes but they haven't issued all of those shares yet...the shares available to trade is a lot less.... and yes they can issue them, but they have to file with the SEC or they get in BIG trouble.... this is why i trade OTCBB and not pinks...
[This message has been edited by glassman (edited August 11, 2004).]
posted
Glassman, I can think of a couple of good reasons why they'd do a reverse split within the next year, especially if you don't have faith in UC.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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Re your post at 18:07. I knew they were also permitted to be a Registrar. As I said, with pinks, it might be possible to be both for a particular company. As I recall, on primary markets (Exchanges) it is not permitted because there would be no checks and balances.
Bill1352,
Re your post at 18:11: Doesn't it look more like the 3 stooges? M-U-G and company. IMO
GLTA-IMO-DD
Glass,
Did you go and get yourself bleeped again? LOL
[This message has been edited by Wallace#1 (edited August 11, 2004).]
posted
i think you mean forward split. say your dividend is 15 shares on 1million cmkx... you get 15 shares... these are going to be restricted for a while (i guess)-- it would be logical to assume that they would want you to have more , so they COULD say give a 10 for 1 FORWARD split (not reverse) this woud give everybody that has 15 share --150-- this is not a bad thing..the price is changed so they cost less (1/15th).. it makes trading ezier...if they were to do this, EVERYBODY holding the stock would get it....
AS SAID I AM WATCHING FOR NOW- NOT BUYING but this makes sense......a lot of things here don't make sense.. thats for sure, and i know a lot of people think or thought i'm a basher , i'm not, i'm a REALIST... i don't think UC (notice UCAD)=(UC+AD) is a good guy or a bad guy i think he's having some fun( maybe a little overboard racing a car) and at least giving it a decent effort.. the more DD i do i may decide differently.... good luck to you all
[This message has been edited by glassman (edited August 11, 2004).]
------------------------------------------- By the way, it does not take weeks to make a trade if you have the physical certificates. --------------------------------------------
Posted by ZenInvestor32 on Christian Trader Board July 26
Normally, none of this would be an issue since a cert request through most brokers would take 7-10 days. But given the unusual situation here and the impending news in the next 30 days, I think the normal 7-10 days could be off by "quite a long while"
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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You're right about what a forward split generally accomplishes. It increases the public float and lowers the price, thereby making it more attractive and available to more buyers.
As to UCAD, my thoughts are that UC will not get controlling interest in any way. In some kind of legally combined form Nevada Minerals and IB2000 own a good deal of shares. I don't feel like going back but you might have the figure handy. Was it 5,000,000 shs? Seems to me I read that Rendal (UCAD's Pres) also owns quite a number of shares. If he also owns the two private Co's (Nevada and IB2000 - which would not surprise me), then there is no question he controls UCAD. Here's another obvious question I raised before. If the figure owned by Nevada/IB2000 is 5 mil shs and others own stock of UCAD as well, how the devil can there be 7+ mil shs UCAD issued and outstanding?
I corrected my figure from 10 mil to 5 mil.
[This message has been edited by Wallace#1 (edited August 11, 2004).]
quote:Originally posted by Wallace#1: Whoever this Zen is, he/she/it is incorrect. Maybe that whole board is off base.
As I said, "if you have the certificates" it does not take weeks.
[This message has been edited by Wallace#1 (edited August 11, 2004).]
Correction, ZenInvestor32 is a highly respected trader on many CMKX boards. This post was by BlueDiamonds, moderator of the Unofficial Board, quoting Zen. Zen is certainly more informed than some on this board.
[This message has been edited by noahltl (edited August 11, 2004).]
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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Let's think out of the bun, errr box... 
