My reinforcements are here

G guy, don't listen to these 'bashers'

Desperation IS setting in...

bashers are ALWAYS a good sign, people dont bash a bad stock, 24/7 as we see here

2004-08-19 16:46:10

iBIZ Technology Corp. Receives SEC Formal Order to Conduct Investigation

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PHOENIX, Aug. 19 /PRNewswire-FirstCall/ -- iBIZ Technology Corp. (OTC Bulletin Board: IBZT), an innovative manufacturer and distributor of accessories for personal digital assistants (PDAs) and other handheld devices, has been advised by its legal counsel that the SEC has issued a formal order to investigate and take the depositions of certain officers and directors of the Company.

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weekend reminder and heads up
« Thread started on: Aug 21st, 2004, 1:08pm »

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I apologize that this is relatively long.

I would like to bring a heads up to everyone hanging around over the weekend. A lot of hopes were set on the 20 Aug 2004 record date of CMKX, but as I said 2 weeks ago hopefully preparing investors for the real possibilities beyond the hypsters about an O/S, a MM’s cover, a PPS jump etc by the 20th of Aug…

These hypsters will go underground temporarily, but will arise again with their hype and pump. I believe in realistic speculation and I guess I am as confident and positive on CMKX or more so than the next investor. But building these false hopes on ridiculous hype and speculation is doing damage to investors hope and confidence. We all hang on waiting for the next PR and then it comes out and the hypsters run with it. Let reason and wisdom be your guide.

As I mentioned a few weeks ago the MM's don't have to cover any NSS position on CMKX as long as they match the dividend payments to the NSS position that is paid by CMKX to the O/S. As long as they match the dividend to the NSS position no one will know what is going on. Whether it is UCAD, GEMM or CIM the NSS covering by the MM's could be in dividend form and not in actual settling the naked short sell position on the CMKX share. Meaning that the dividends would be paid by the MM's, if they can, but they would still owe the naked short share to the investor at some future date and time. With the UCAD shares being restricted a NSS position on UCAD could be a possibility seeing they can't actually be traded for 1 year. Yes this is possible and worth the risk to the MM’s if the NSSP is huge.

There is the possibility that the MM's could match the dividends, but the dividends themselves should cause the PPS to rise somewhat. The UCAD bare minimum dividend would make the per share price value rise 20.9% or in our case .0001. Also remember that the dividends could come with restrictions such as a non payment to CMKX restricted share holders thus increasing the UCAD dividend to the shareholders in the TRUE FLOAT, whatever number that is. The details have not OFFICIALLY been released as of yet. What that means is that all CKMX shareholders with restricted shares, mostly insiders, would be withdrawn from receiving the dividend and the remaining shareholders would receive the entire 7.5 million shares. This is always a possibility until the distribution of the dividend takes place.

For instance:
if our entire O/S were say the speculated 483 billion and 400 billlion of these were restricted shares then the dividend could be paid to the remaining 83 billion shares. How would this change the MM's dilemma?

483 billion dividing up 7.5 million UCAD shares would be 15.5 UCAD shares per million of CMKX. So right now the MM's expect to pay 15.5 UCAD shares per million CMKX shares on their entire NSS position of which none would be restricted shares.

If the dividend restricted all restricted shares of CMKX from receiving the dividend then the UCAD shares per million would rise significantly.

83 billion CMKX shares dividing up the 7.5 million UCAD shares would = 90.3 shares of UCAD per million shares of CMKX. IF the MM's had 500 billion in their NSS position then they would owe 45,150,000 UCAD shares to their NSS position. If 400 billion in the NSS position then they would owe 36,120,000 UCAD. If 300 billion they would owe 27,090,000 UCAD. If 200 billion = 18,060,000. If 100 billion = 9,030,000. If 1 billion = 90,300 UCAD. At $6 per share for UCAD only 100 billion NSS position would cost the MM's $54,180,000 dollars. That same money the MM's would have to pay out on 100 billion NSS position dividends could actually buy over 135 billion shares of CMKX at its current price. Why would the MM's pay that kind of money and still owe the NSS position knowing that other divdends are following?

I understand as I'm sure most do that if the PPS began to rise because of the MM's covering their NSSP that the cost to actually cover the CMKX NSS position the MM's hold could possibly be higher than this initial calculation, but you can see the point. The question would have to be asked why the MM's are going to pay a UCAD dividend to CMKXers on the NSS position when they could possibly use that same money to cover those same NSS positions?

A logical answer would be that they are not going to pay the UCAD dividend because it only makes sense to cover the entire position for the same money. If they don't cover the NSS position on CMKX then this should tell us that the NSS position is extremely high possibly into the trillions and that it would be more beneficial for them to pay the UCAD dividend and try to make investors believe that there is no NSS position therefore no cover coming and the MM's would hope to shake 100 billion or more shares loose after the UCAD dividend. If the MM's pay the UCAD dividend to the NSS position, which will not be due until the distribution date, and the PPS stays low through the dividend, say .0004 or .0005, and many that had believed for the 20th being a MM buster could lose faith and sell.

Then immediately following the UCAD we have the CIM dividend that the MM's could also naked short sell since their is no market at this time for CIM. Remember these are electronic shares and the MM’s have the ability to make them real. The ones with certificates will get their CIM dividend shares directly from the company, but the share holders in Street Name will get their dividends electronically which can be NSS. This would be again a major gamble for the MM’s seeing CIM is private at this time and anything can happen.

If the MM’s somehow manage to get through the UCAD dividend and then possibly NSS CIM and in the meantime again hold down the CMKX PPS it will shake the CMKX investor tree and very possibly recover 100's of billions of naked short shares from CMKX investors.

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Keep the faith. If you don't have it, get it, if you lost it, find it, If you don't know what it is, ask someone, but whatever you do keep the faith.
CMKX is the means!

DrDiamond
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hxpe
Junior Partner

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Posts: 57
Re: Dr. D's newest. Blessed Sunday to everyone!
« Reply #1 on: Today at 07:48:17 »

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Gender:
Posts: 586
Re: A weekend reminder and heads up
« Reply #1 on: Aug 21st, 2004, 1:08pm »

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By this time they have saved billions of dollars and recovered 100's of billions of their NSS position. The PPS could still be low, .0004 or .0005, or possibly even falling by now. UCAD is behind us and CIM is on the way. The next dividend isn't due until Oct and the MM's will have 4 to 6 more weeks to work their magic and buy frustrated driven CMKX investors out at fractions of a penny unless they wake up and smell the MM B/S.

Until we have an official distribution date and the pro rata data then we will not know for sure the O/S or the difficulty that the MM’s are in. This could be 24 Sept if the CMKX distribution date reported by OTCBB and Pink Sheets is correct, or Oct 1, 2004 when the GEMM dividend is scheduled for distribution. As I pointed out the UCAD dividend could be paid and or possibly naked short sold by the MM's seeing that there is a one year restriction being placed on the dividend. I know some say UCAD can’t be NSS, but don’t you believe it. I understand that there is not enough UCAD in the float for the MM's to cover, but that is not full proof to stop a UCAD NSS nor for a NSS Position cover of CMKX shares.

I'm not saying this is going to happen and I am not hoping that this happens, but I am saying it is a possibility and we need to make ourselves ready. I am not an alarmist nor am I a negative thinker in the least. But I try and stay close to reality and sound possibility thinking, even when others think it is nonsensical.

The question I asked before I think needs to be asked again and that is if you are ready to stand the test? The scenario I presented could happen and already has partially been fulfilled! Would you sell if the PPs is still .0004 or .0005 into the first week of Septmeber? What if 2 dividends are past and no significant rise in the PPS, no O/S, no apparent cover by the MM's, and we have the MM's by the short hairs and no one knows it? Many could be turning on Urban and D. Roger Glenn by this time thinking that the NSS position was all B/S and dilution has been going on all the time.

How strong are you? Do you think you have looked at all of the angles? Will you stay long on CMKX no matter what?

Personally I believe that Urban and D. Roger Glenn are way ahead of the game and they will keep us on top of the situation behind the scenes if necessary (meaning no PR’s until absolutely necessary). The meetings have concluded and the dividends are coming in and eventually I have to agree that a cash dividend to squeeze the bejeezus out of the MM's would be sooooooooo SWEEEEEEEET. (Sorry about the caps)

I know that so many have been looking for this great rush to come on the PPS because of the pumped false info that the cover was being forced on the MM's by 20 Aug 2004. The PPS has been stalled for weeks and many are chomping at the bits already. Others not chomping are expecting a great rise in the PPS when the cover comes, but what if they don't see the cover in the next 6 to 8 weeks? What then? What if no O/S, no rise in the PPS, and no evident covering taking place in the 4 to 8 weeks? Where would you be?

The foundation of our position needs to be in the mining potential of CMKX and not a quick buck through a MM covering. It would be nice, but if you think you can make it happen with a few dividends, think again. if we have a low NSS position then we will see a cover in my opinion. But if it is huge as I firmly suspect that it is, then you had better hold on and get rooted in your position by the true potential of the company and you will stay in through the dividends, the MM cover of the NSS position, and through the CMKX mining discoveries and recoveries because that is where the true long term dollars will be.

We have important information ahead and I already have received emails from individuals that sold. I hope those that spun the roulette wheel and went out on the limb demanding that the O/S, MM cover, and PPS jump would come before the 20th of August have learned a valuable lesson. I know several that listened to them that have been discouraged and sold have learned a lesson.

We are all recorded for the UCAD dividend and I believe the least we can expect is a 20.9% increase on our CMKX portfolio as the 15.5 UCAD per CMKX million shares will eventually be added as a minimum. Do yourself a favor and do not sell unless you just have too. So much is ready to be announced and in my opinion will settle some important issues many have had in their minds.

This is just my opinion and I ask that you treat it as such.

quote:

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Originally posted by Money_Penny:
DQR,

Get this into you bird brain once and for all: We don't care about the company's history, we don't care about charts (as they don't hold true for pinks anyway), or any other sh!t you dig up. All we care about is 1.9 million acres of mineral rights and over 100 anomalies from the aerial surveys. I have purchased this stock with the understanding that there is a good chance that I'll lose the money. If that happens, all I'll have lost is a bit of gambling money. I've said it before and I'll say it again. This is nothing more than a lottery ticket with above average odds. With the huge claims and hundreds of anomalies, call me crazy, but I like my chances. So what you're doing would be like trying to dig up dirt on the state lottery after you've bought a ticket...it doesn't matter! If you hold the winning ticket, nothing else matters - you're the winner!

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women,
religion,
life,
stocks,
sex,
gambling,
money,
pot,
beer,
pills,
reading,
sports,
racing,

and

boating

can also be considered 'drugs' as these things also shift you away from reality...

Debi - Toddler toy or not, I see no one can show evidence or even give a reasonable explanation of the short squeeze of the century that should have ocurred already.

If it makes everyone that tauted the short squeeze of the century feel comfortable I will quit asking about it. However, I am betting it is a question that is on every believer's mind, but they are afraid to admit it failed to materialize. So, now the explanation is well, we'll move it a month, then when it doesn't happen then, another month.........on and on.

It is a legitimate question that tauters of the squeeze of the century have avoided answering.

making threats like these are felonies...

I'll be reading and waiting.

I do want y'all to think about the "short squeeze of the century" though. No need to explain it to me, just think it out for yourselves.

quote:

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Originally posted by Upside:
People wishing death upon others over a micro-penny stock? Let's get real here!

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I am undecided on the whole short squeez theory... If it happens so be it, , if not, well again, I am looking to hold this long term 2+ years. If not longer

-John-

quote:

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Originally posted by Upside:
Don't blame you one bit Will. It's getting crazy in here. Just don't forget about the races end of next month. We've got an appointment with a supposed diamond driller!

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quote:

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Originally posted by Upside:
I'll e-mail you the schedule will. We got about a month to pick a day.

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Please don't take this as being condescending. I know my approval is not important. It's just that since I was vocal about your postings yesterday, I thought it was the right thing to do, to respect you by noting the difference.

And for the record, I also scroll past those 500-word essays on double-shorted, double-covered, no-fat, mocha lattes. However, I am glad that some bring the "highlights" from other boards here. That saves me time, and helps me to not get addicted to yet another board.

As far as your "unanswerable question" goes, I think I have the definitive answer. Are you ready? Here it is:

No one really knows.

Deep, huh? The problem is, nobody wants to admit that here. We form theories about deadlines. The deadlines come and go, along with the theory, so we need to make a new theory, which will in turn be tested by the next deadline.

I think it would be healthy for all of us to come to grips with reality here. Everybody repeat after me:

quote:

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Originally posted by Money_Penny:
LOL. I think it would be best if noah and will did not meet face-to-face right now...

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Bring along a scoop and tie it to the line. They say that lake bottoms are great places to find diamonds. LOL

And, who knows, you could become another UC.

quote:

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Originally posted by Upside:
Wallace,
I'm not the best looking guy in the world but I'd have to take a huge dose of ugly to be the next UC!

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quote:

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Originally posted by highwaychild:
Will and Upman,
I don't know for sure if U.C.'ll be at the Chi. race, but I bet you 2:1 he'll be in Indy race next week. http://nhra.com/2004/events/race18/tickets.html
Indy is like NHRAs Super Bow(don't want to get in trouble by the NFL).I'll bet he'll be there.
I would love to see U.C. get a load of you two guys.I would love to be there for that?
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Noah, you live in Indy right?Are you going?

[This message has been edited by highwaychild (edited August 22, 2004).]

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Plannng on going.