Borehole
Dividends, OS, and UC's %
« Thread started on: Today at 4:54pm »

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This makes sense:

With the new dividends we have:

a UCAD Dividend revealing an OS of: 779,625,779,625

a CIM Dividend revealing an OS of: 1,562,500,000,000

Subtract the two and you get 782,874,220,375

If we look at the PR from July 26th:

"As announced earlier, U.S. Canadian Minerals Inc. recently issued 7.5 million shares of the company's stock to CMKM in exchange for certain mineral rights. Those shares have been issued to CMKM and will be distributed to shareholders of record of CMKM on Aug. 20, 2004. Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend."

This is strange because the UCAD Dividend was announced on July 18th (via PR), but this Dividend was AMMENDED with the paragraph (above) on July 26th.

Now read the paragraph again. The last sentence is the most important. UC will pay the UCAD dividend based on shareholders on record at that time for the UCAD Dividend and ANY OTHER DIVIDENDS GIVEN AFTER!

But, if we look at the PR from JULY 19th, regarding the CIM Dividend, THIS RULE DOES NOT APPLY!

So the UCAD Dividend is JUST for Shareholders.

The CIM Dividend is for ALL shareholders INCLUDING URBAN.

Any other Dividends will be JUST for Shareholders.

So, this means that UC owns 782,874,220,375 shares, just over 50%! - CONTROLLING INTEREST.

Which leaves shareholders with 779,625,779,625 shares, just under 50%!

Billions and Billions and Billions of Shareholders Contact FinancialWire Over 'Fax'

Aug 30, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Friday's story that said omeone appears to have paid "Prospector Alert" a whopping $50,000 to send out faxed "Investors Alert!! GOLD, GOLD, GOLD" touts for Juina Mining (GEMM) which resulted in irate phone calls to Jody's Travel set off a firestorm among the online community as investors began to contact FinancialWire enmasse, some including threats.

Interestingly, however, the messages didn't come from Juina Mining investors but from CNKM Diamonds (CMKX) investors, which was mentioned only incidentally. The story noted that "the fax says that controlling interest in Juina has been acquired by US Canadian Minerals (UCAD), which it said 'has been on a tear since June, going from $1.35 to over $5.' Earlier in August, CMKM Diamonds, which is a favorite of Stock Patrol (www.stockpatrol.com) for its 500 billion shares, a world record number of shares outstanding, said it intends to distribute 95,502,027 of Juina Mining Corp. to its shareholders on October 1 as a dividend.

CMKM Diamonds is a "favorite" of StockPatrol (www.stockpatrol.com), an Investrend Information (www.investrendinformation.com) Investor Resource Center partner.

The story had noted that the 800 number given on the fax to "be removed immediately from the database" was missing a digit, leaving Jody Donnelly at Jodys Travel to field hundreds of calls from people wanting to be off the fax list, which she pointed out is "at my expense," not to mention the time and aggravation involved.

The fax broadcast said that the company, which trades at $0.028, has a one month target price of $0.50. The company traded at $0.20 in mid-2002 and spiked at $0.16 in late March, 2004.

It didn't say who the "analyst" is or the location of the report, who paid the $50,000, or the qualifications of the "analyst."

It concluded, "Donnelly just wants her phone number off the faxes and out of the mix."

One reader told FinancialWire, "you are breaking the law."

Another reader identifying himself as Trey Beathard with an email address at UReach.com, told FinancialWire that the story "referenced a woman named Jody Donnelly of 'Jody's Travel'. The problem is that she does not seem to exist. I, and several CMKX shareholders, need you to either verify the truthfulness of this PR (sic), or issue a retraction immediately. Let's clear up this mystery please, because we won't let this PR (sic) stand without further verification."

When Beathard was asked wht he meant by not letting this "PR" stand, or if his purported company was in anyway connected to the fax distribution, he did not respond.

Among the newest irate recipients of the fax was Pat Bernhardt of the Divine Peace Lutheran Church in Milwaukee, who asked FinancialWire: "We received a fax regarding Prospector Alert, on stock of GEMM.PK with a bogus number to be removed from the fax list. Do we call the FCC? Who is sending this out?"

Meanwhile, the only ones apparently not hearing of the article were the fax distributors themselves.

Donnelly contacted FinancialWire again to note that the offending fax was apparently sent out again, and now she is receiving a horde of new calls.

Donnelly has not said if she intends to sue, or if she's notified authorities. The biggest problem with that, of course, is that no one seems to know where the faxes are coming from.

Similarly, no one seems to know where the "CMKX shareholders" are coming from, but there appears to be billions and billions and billions of them. It seems there are at least 100 shares outstanding for every person on earth.

For up-to-the-minute news, features and links click on http://www.financialwire.net

FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp

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ucad

7,500,000/0.00000962 = 779,625,779,625 o/s??

cim

40,000,000,000/0.0256 = 1,562,500,000,000 o/s??

trying to apply SIMPLE logic again....

how about this...
they decided to give TWICE as many shares of CIM out???? 80 Billion instead???

isn't CIM privately held????
who is in control of it????

quote:

---

Originally posted by glassman:
[QUOTE]Originally posted by noahltl:
[B]now we have new numbers to speculate:

ucad

7,500,000/0.00000962 = 779,625,779,625 o/s??

cim

40,000,000,000/0.0256 = 1,562,500,000,000 o/s??

trying to apply SIMPLE logic again....

how about this...
they decided to give TWICE as many shares of CIM out???? 80 Billion instead???

isn't CIM privately held????
who is in control of it????

[This message has been edited by glassman (edited August 30, 2004).]

---

Yeah Glass, CIM privately held. don't think they would have doubled the dividend without a PR. But then I wouldn't have thought they would up the AS without a PR!!!! Go figger.

It really looks more like a 2 to 1 forward split, between dividends.

quote:

---

Originally posted by bill1352:
so the one post from another board is excited that UC owns over 50% of 1.6 trillion shares? folks the o/s of the S&P 500 isn't 1.6 trillion shares. the only thing you can add up on the S&P that gets over 1.6 trillion is yearly income and i bet the net isn't much over that. which means cmkx would need to dig up enough diamonds per yr to beat the entire net income of the top 500 companys in the US to get to a $1 pps. and you wonder where the bashers went? they are rolling on the floor laughing. i never for one moment thought cmkx was a scam and i still have hope that something might happen to fix all this but reality has to set in at some point here. maybe it was naked shorted so bad there was no way to fix it but put all the mm's out of business. maybe there is something in the pot to cover all us shareholders.

---

Bill I reposted that article from the other board because it points out the ludicrousness of trying to maintain a position that there is no NSS on this stock.

Let's remember that those dividend numbers are not necessarily set in stone, as witnessed by the fact that they changed today. If they were in fact reported by the company to OTC, we really don't know what Roger is up to. What kind of smokescreen he may be using to shake the MM's, how the new AS figures into a merger. etc. etc.

We have been saying all along that this is a soap opera, and no one knows how it play out until we see the last chapter.

quote:

---

Originally posted by highwaychild:
The first time OTC came out with .xxxxxx or whatever on the UCAD div., some people were like, 'there it is, on OTC,set in stone'.
But it wasn't,now we got .xxxxxxx or whatever.This is crazy.
They need to hurry up and get this stright.Atrade said my div.'s payable in 25 more days.
HA HA HA,Glad I'm not daytrading this one.

---

Highway, I think you hit the nail on the head that this is not a stock to be daytraded. Most of us here, engage in day and swing trading, and expect rapid movements, one way or the other. When we don't get them, we get upset. But I will give Urban this, that he told us all a long time ago to 'hold your stock'. That should have put everyone on notice that this was going to be a long journey. And no one should be faulting him for staying the course, no matter how long it takes, until he puts this company on a track to long term growth.

[This message has been edited by noahltl (edited August 30, 2004).]

***A skeletal outline of Urban's business model ***

Start with Urban's dream and move to a...

STRATEGY
1. Work with TACY to create a bold marketing strategy that takes the diamond industry from a Monopoly (De Beers) to a Free Market.

CLAIMS
2. Purchase CLAIMS quietly and over a period of many years in a mineral rich area (FALC is world class).

FINANCING
3. Line up financing with silent partners early in the plan. This is why financing has never been a problem for CMKX (Ed, Rick, BSIC, etc.).

EXPLORATION
4. Fund the most technologically advanced aerial survey ever completed in the area. By targeting surveyed areas you can efficiently map a kimberlite pipe at a fraction of the time and money.

LEGAL
5. Bring in well known and respected legal representation (Roger Glenn & Associates). Roger's experience as an accountant will also come in handy when laying the infrastructure of an empire. As I've said before, he was not brought in to end the De Beers and MMs dynasties, he was brought in to construct the Casavant Empire.

MARKETING
6. Create a marketing plan that targets one of THE LARGEST growing demographic groups in the country (auto racing fans).

HOLDING COMPANY
7. Create a holding company that will be beyond the reach of manipulation (CIM?) and hand feed it into health.

PARTNERS
8(a). Move UCAD and GEMM away from manipulation where they can trade on their own merits (gold, silver, etc., etc.).
8(b) Allow partners to add financing & infrastructure prior to next move. ***WE ARE HERE***
8(c) Continue to add partners who will eventually stream their revenues into the CMKX barrel (remember, we're an exploration and financial company).

MINING
9. Create a series of partnerships to add the operational management and talent needed to manage a growing stable of companies (UCAD and it's talented management is critical - R. Williams, etc.)

POLISH & CUT
10. Form a partnership that will allow you to polish and cut Casavant Diamonds (Diagem).

ETCH BRAND NAME
11. Find a partner who can use a special process to etch the Casavant Diamonds (Nevada). Diamonds will be marketed as conflict free ("PURE CASAVANT" = PC Diamonds). Imagine, you could build an entire marketing strategy around "PURE" blood free diamonds. They could be marketed as politically correct "PC" diamonds, sounds kind of cool to me, but what do I know.

DISTRIBUTE
12(a) Set up a distribution network to retail the larger and more expensive "Pure Casavant" brand diamonds in a fancy setting (Diagem).
12(b) Create an internet site to wholesale the inexpensive smaller diamonds along with the CMKXtreme merchandise.
12(c) Distribute kimberlite fertilizer to retail outlets along with other innovative products (TACY again?).

In summary, several things strike me about the plan unfolding before our eyes. First, Urban has built his plan around synergy and economies of scale? Second, Urban's plan is all encompassing and complete. Lastly, his plan took 15 years to get to where we are today. Stick around for the great unveiling, it's going to be spectacular and it's going to be soon.

8/30/04

August Focus Stock Pick Update

CMKM Diamonds, Inc. (CMKX)

No News is Good News

At first we thought there would be some news announced last week as a result of meetings that took place in mid August that included legal counsel D. Roger Glenn and other key players. The date of record for the US Canadian Minerals (UCAD) dividend was August 20 and the date of record for Casavant International Mining is tomorrow August 31. It just seemed that with all this corporate activity and dividend declarations that we would see quite a bit of commentary from the company.

The Green Baron Report believes the lack of specific news regarding the dividends and the meetings in Canada is being done strategically with a specific goal in mind. If CEO Urban Casavant’s concern over naked shorted shares (NSS) is legitimate, then it would take a master plan to eliminate the NSS. The company hired one of the best attorneys in the country in Mr. Roger Glenn of Edwards & Angell to get the company fully reporting once again. Since that time, CMKM Diamonds has announced three stock dividends and several other releases that seem to point to a bright future for the company, but leave us short of understanding the overall meaning.

Everyone might recall when Urban Casavant stated that “hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company’s hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team.”

We learn from this release in early June of 2004 that shareholders need to maintain a little more patience, and that Mr. Glenn’s experience with the SEC has been noted. Mr. Glenn has written about NSS in one of his books, and says the best way to relieve the problem is through a merger or acquisition by a private company. If this is where we are headed, Mr. Glenn’s prior experience with the SEC will be helpful. It is also interesting that CMKM Diamonds, Inc. is closely involved with two private companies, Casavant International Mining and Nevada Minerals. Only time will tell!

'Fax' Story Just Won't Go Away
Aug 31, 2004 (financialwire.net via COMTEX) --
(FinancialWire) The FinancialWire story about Juina Mining (OTC: GEMM), CNMK Diamonds (OTC: CMKX) and U.S. Canadian Minerals (OTCBB: UCAD), and the resulting irate calls to a Verizon (NYSE: VZ) 800 small business customer, just doesn't seem to want to die.

First unless the mysterious payer of the $50,000 to the equally mysterious "Prospector Alert" to tout Juina Mining (OTC: GEMM) meant simply to create volume so he or she could dump the stock at any price, the uninvited and similarly mysterious fax broadcaster seems to be doing the company and its shareholders more harm than good. On Friday, the first day that FinancialWire became aware of the fax, through Monday, the stock has dropped like a rock, no the shiny kind, from about $0.032 to $0.0179, almost in half.

Friday's story that said the faxed "Investors Alert!! GOLD, GOLD, GOLD" touts for Juina Mining resulted in irate phone calls to Jody's Travel and set off a firestorm among the online community as investors began to contact FinancialWire enmasse, some including threats.

Interestingly, however, it said, the messages didn't come from Juina Mining investors but from CNKM Diamonds investors, which was mentioned only incidentally.

The story noted that "the fax says that controlling interest in Juina has been acquired by US Canadian Minerals (OTCBB: UCAD), which it said 'has been on a tear since June, going from $1.35 to over $5.' Earlier in August, CMKM Diamonds, which is a favorite of Stock Patrol ( www.stockpatrol.com ) for its more than 500 billion shares, a world record number of shares outstanding, said it intends to distribute 95,502,027 of Juina Mining Corp. to its shareholders on October 1 as a dividend.

The story had noted that the 800 number given on the fax to "be removed immediately from the database" was missing a digit, leaving Jody Donnelly at Jodys Travel in Boxford, Massachusetts, to field hundreds of calls from people wanting to be off the fax list, which she pointed out is "at my expense," not to mention the time and aggravation involved.

The fax broadcast said that the company, which trades at $0.028, has a one month target price of $0.50. The company traded at $0.20 in mid-2002 and spiked at $0.16 in late March, 2004.

It didn't say who the "analyst" is or the location of the report, who paid the $50,000, or the qualifications of the "analyst."

It concluded, "Donnelly just wants her phone number off the faxes and out of the mix."

Her frustration has continued to grow, as the fax broadcast keeps on rolling along. She said the fax has continued unabated every day since the FinancialWire story Friday, and that so far she has gotten no help from her complaints to the Federal Communications Commission, the Better Business Bureau, the Department of Telecommunications and Energy, or the Attorneys General of Colorado or Massachusetts.

Another reader identifying himself as Trey Beathard with an email address at UReach.com, told FinancialWire that the story "referenced a woman named Jody Donnelly of 'Jody's Travel'. The problem is that she does not seem to exist. I, and several CMKX shareholders, need you to either verify the truthfulness of this PR (sic), or issue a retraction immediately. Let's clear up this mystery please, because we won't let this PR (sic) stand without further verification."

When Beathard was asked wht he meant by not letting this "PR" stand, or if his purported company was in anyway connected to the fax distribution, he did not respond.

Beathard has since been in touch with FinancialWire to deny that he ever received a request for comment or that his company is anyway involved in the fax.

Said Beathard: "I buy and sell mineral rights in Houston, Texas. I work by myself in a home

office. I have never engaged in stock touting, and never will. I have never spammed email, and never will."

Among the newest irate recipients of the fax was Pat Bernhardt of the Divine Peace Lutheran Church in Milwaukee, who asked FinancialWire: "We received a fax regarding Prospector Alert, on stock of GEMM.PK with a bogus number to be removed from the fax list. Do we call the FCC? Who is sending this out?"

According to Jody Donnelly, the answers are good luck, and who knows?

For up-to-the-minute news, features and links click on http://www.financialwire.net

FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp

Listen to StreetSignals" (Investrend "ON-THE-AIR") "live" Saturdays from 9 p.m. to 10 p.m. on stations coast-to-coast, or live and archived on the web at http://www.BusinessTalkRadio.net , beginning October 2, 2004.

The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: http://www.investrend.com/XmlFeeds?level=268

Are we next.

Nanosignal Corp Inc     (OTHER OTC: NNOS) Last Update: 9:01:00 AM ET Aug 31, 2004  
 
NanoSignal Stockholder Sues Major Wall Street Institutions for ``Counterfeiting'' Shares

LAS VEGAS, Aug 31, 2004 (BUSINESS WIRE) -- A lawsuit filed in Las Vegas County Court today by a major stockholder in NanoSignal Corporation (NNOS) alleges that a group of major Wall Street institutions has systematically damaged the market for the stock of NNOS and many other companies by flooding the market with fraudulently manufactured, virtually counterfeit shares.

By mis-using its "Stock Borrow Program" for the personal profit of its members, rather than the purposes for which it was originally established in 1981, New York's Depository Trust Company (DTC) has created artificial shares in NNOS and other publicly-traded companies, the lawsuit (Case No. A491236) filed by Las Vegas resident Gary W. Walters claims.

One defendant in the lawsuit, Jersey City-based stockbroker Knight Trading Group, Inc. is presently "short" 447 million shares of NNOS, Mr. Walters' lawsuit alleges. That's more than double the number of NNOS legitimately issued and outstanding shares. This is only possible because DTC and its National Securities Clearing Corporation subsidiary (NSCC) have created hundreds of millions of "counterfeit" electronic shares that don't actually exist, Walters says.

The market value of NanoSignal's shares has been reduced by these illegal practices, Mr. Walters' lawsuit states, and he seeks to recover his damages from the defendants in this suit. "I believe that investors in many other companies have been hurt by the conduct of these defendants," Mr. Walters states. "I hope that my lawsuit will remind them once again that in all of their activities, the financial institutions that comprise Wall Street must always put the interests of the small investor first. If my suit prevails, Wall Street will have to undergo a major paradigm shift."

For those who say NSS dont exist, they are a figment of everyones imagination. You can imagine our firm sticking some imaginary shares up Knights rear.