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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX ... VI ... The Saga Continues (Page 48)

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Author Topic: CMKX ... VI ... The Saga Continues
noahltl
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quote:
Originally posted by Upside:
So now both the UCAD and the CIM dividends reflect an o/s of approximately 1.6 trillion. Noah, do you think you could post Dr. D's "this is good news" theory as soon as he releases it? I can't wait to see that one!

Upside if you look about a third of the way down on this page, you will see I have already posted Dr D's latest. And he anticipated what we would see here today, and influx of MM bashers trying to shake the weak hands on this stock. And it is going on, on most of the boards.


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noahltl
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quote:
Originally posted by sdrobert:
OFFICIAL ON OTCBB SITE:

UCAD ON 6 OCT @ SAME RATIO OF .00000962 http://tinyurl.com/5pzsx

"CIM" ON 16 OCT @ SAME RATIO: .0256 http://tinyurl.com/6z3c5


still nothing posted about GEMM under
ALL CMKX DIVIDENDS @ otcbb.com here:
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&sDateType=ex_dt
http://tinyurl.com/4gd65

what a f'ing joke wheres the pr on this one that is lame I think it is time to get out before it goes to .0001 oh I guess when we do get our "divies" it will be changed to dec of 2008 and for every share of cmkx we will get .000000000000000000000000000000000000000001 shares of ucad and half that for cim what a stupid joke


There is a solution to your dillema. Sell now and get out at .0003 and we won't have to listen to your whining anymore.


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Wallace#1
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noahltl wrote:

And he anticipated what we would see here today, and influx of MM bashers trying to shake the weak hands on this stock. And it is going on, on most of the boards.
-----------------------------------------
Spin, spin, spin. Will you ever admit to the realities as to CMKX, noahltl? How much farther does it have to go down?

sdrobert and probably many others have good reason to complain, since most are probably in CMKX as a result of all the pumping on all the boards. Hold, hold, hold. That's a certainty on this board.

[This message has been edited by Wallace#1 (edited September 24, 2004).]


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VNGNTN1
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WALLACE
= = = = = = = =
quote:
Originally posted by Wallace#1:
Bill1352 wrote:

"huge blocks sold in cmkx all the time that do not get into the volume totals each day."



= = = = = = =
Do you have an explanation ?
VAN

[This message has been edited by VNGNTN1 (edited September 24, 2004).]


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Wallace#1
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You should be able to figure it out!
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noahltl
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The "buy to sell" ratios will not match if the shares are being "created" in the NSS scenario, and being brought into the market as buys.
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tradingpennys
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I've noticed while searching in mineral claims that Casavant had "classified" all info. so it is unavailable for public view now even green lakes zinc deposit that CIM has is non viewable. What's up with that I wonder.
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tradingpennys
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quote:
Originally posted by VNGNTN1:
WALLACE
= = = = = = = =
[QUOTE]Originally posted by Wallace#1:
[b]Bill1352 wrote:

"huge blocks sold in cmkx all the time that do not get into the volume totals each day."



= = = = = = =
Do you have an explanation ?
VAN

[This message has been edited by VNGNTN1 (edited September 24, 2004).][/B][/QUOTE]

it's called D I L U T I O N


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Esteban
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A quick question for some of the wiser traders on this thread:
We have one record date(08-20-04) for our dividens, however, we have two payment dates for said dividends (9-24-04 and 10-06-04). Why the different payment dates and different percentages?
Thanks,
Steve

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is300
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quote:
Originally posted by noahltl:
The "buy to sell" ratios will not match if the shares are being "created" in the NSS scenario, and being brought into the market as buys.

There are no Naked shorting no MM would nss a .0003 stock. The ratios are off because the 800 Billion A/s is being diluted into the O/S. What do you think the 300 billion A/s is doing? Just sitting there catching a good tan? They were authorized by CMKX to further dilute the company. Pre-school traders are the only ones things "Oh yes it's the master PLAN!!!!". Where are the new Carolyn samples?.. of course it's already forgotten where is the OFFICIAL FROM CMKX PR on the original carolyn results size? of course they never released them. Where is the PR on share structure.. of course they want that hidden as 800 billion A/s in a PR would drop the stock to .0001. Lies and manipulation by managment and paid pumper/lackeys like sterling and el camino have perpetuated the scam.


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VNGNTN1
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WALLACE
I need help
The "Stockpatrol" response to the "great Debate" just called me a name(experienced touts and starry-eyed naifs) could you pick the one that fits me, Thanks
VAN

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lionelbuff
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Called at 4:45pm(EST)about UCAD shares concerning CMKX and distribution date was put off until 10/6. According to Ameritrade, was obtained directly from the company and not the dispository.

Noah, thanks so much for welcoming us aboard and appreciate your hundred of hours of dedication.

Wallace, sorry will not be going to York but there is a Ted Mauerer auction every two weeks in my area and sell over $200,000 of worth of Lionel and other merchandise. You might want to check this out. The website is http://www.mauerail.com

Jack


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glassman
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hot off the press...


2004-09-24 17:44:08


CMKM Diamonds Announces Dividend Stock Will Be Paid on Oct. 6, 2004


***

Business Editors LAS VEGAS--(BUSINESS WIRE)--CMKX-- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced that the dividend of U.S. Canadian Minerals Inc. stock will be paid on Oct. 6, 2004, rather than today. "The delay was because of the enormous amount of administrative work that needs to be done by the transfer agents for both companies in order to make that distribution," said Urban Casavant, the company's chief executive officer. "We do not anticipate any further delays in paying the dividend." The record date for the dividend remains unchanged. Rendall Williams, CEO of UCAD, stated, "Through the suggestion of management of CMKX and their corporate attorney, D. Roger Glenn, UCAD's management has agreed to issue additional shares for the round-up process for this distribution. UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution." Williams continued, "The relationship with CMKX shareholders is a welcome addition to our new family." Glenn said, "The company's accountants are working to complete the audit of the company's financial statements. When that has been accomplished, the company will be well on its way to becoming a reporting company again." Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the


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WinsumLosesum
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Too slow.

[This message has been edited by WinsumLosesum (edited September 24, 2004).]


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user095263
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ahhhhh! doji (insert lightbulb here)
happy that was cleared up =)
~BB

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sdrobert
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well If it never does anything great I wont sell Ill just keep complaining if it goes down to .0001 Ill sell then and break even. but I like to complain. so Ill keep complaining. if it goes for a run Ill be happy and say great things. but if it does bad Ill cry all they way. Ok Noah since you are so knowing when it comes to this stock explain this. Only the company through its decisions and actions can change the dividend ratio and distrubution (sp) date, since that is the case and urban cares so much for his investors why not let the people he cares for know why. He does not even have to be specific. he could not even tell us why,just tell us period, not force us all to call our brokers and/or check the otcbb to see that it is changing. If you were the CEO and you considered your investors family members what would you do?? There hasnt even been a pr that states exactly what the ratio is going to be, but if you call etrade, ameritrade or you look on the otcbb they all state the same thing. why cant they tell us anything?? what would be the reason to not tell important info to your investors. if it was great news there would be no reason. if there was something fishy going on or something not on the up and up going on there would be a reason not to say anything. how about something like this. "the divedend was scheduled on ..... date with a ratio of ....
however because of ..naked shorting problem or .....so many investors or ......high interest in the free share divy... there will be a slight delay or ....an extension and the distro has been changed to date....... wow that was soooo hard to do. wait I have a better idea. LETS GO TO THE RACES.

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noahltl
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ROGER SPRINGS THE "TRAP". YEAH!!!!!!!!
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sdrobert
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oops wow that was wierd came over as I was complaining. thank you roger I am glad at least someone is on the ball.



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sdrobert
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see complaining does help sometimes.

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sdrobert
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OH PLEASE STOP THAT "BIZARRE I FOUND THIS IN MY EMAIL" ITS BEEN POSTED A MILLION TIMES YOU ARE A LIAR!!!!! QUIT POSTING THAT EVEN THE BIGGEST BASHER WOULD NOT BE STUPID ENOUGH TO REPOST AN ELEGID EMAIL FROM MONTHS AGO AND SAY HE JUST GOT IT COME ON GIVE ME A BREAK!!!!!!!!!
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sdrobert
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OH YEAH i SAW THAT SAME "BIZARRE EMAIL POST" ON TWO OTHER BOARDS THE PAST 6 MONTHS. BASHERS AND PUMPERS BOTH HAVE VALID POINTS BUT THAT REPETITIVE POST IS RETARDED.
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VNGNTN1
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OK
The PR was 100% legal R.Glenn, that is good news. As to the other deatils, guess we are still waiting.
VAN
PS: WALLACE please get back to me quick on where I fall into the "STOCKWATCH" catagory so I know how to "SPIN' my posts.

[This message has been edited by VNGNTN1 (edited September 24, 2004).]


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bill1352
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VAN...i forget how he said it worked but the point was investers bought & sold 10's of billions of share blocks at a time often. as for the post a bunch up...ameritrade as of 3pm eastern time had no word from the DTC and thats where they get the shares and are told how many shares are in their street name account and the split amount. I told the guy about the OTC BB post he looked there & and the nasdqa trader site I think he said it was and both said the 6th. he took that to mean no shares today
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bill1352
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welcome lional...i live about 15 miles from the factory in new baltimore MI
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bill1352
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well ya know what...thats not new baltimore its across gratiot so its chesterfield township....wouldn't want to post false info here i'd have noah & wallace calling me names...just kidding....though it might get them agreeing about something...lol
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will
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?????????????????????????????????


quote:
Originally posted by noahltl:
ROGER SPRINGS THE "TRAP". YEAH!!!!!!!!


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noahltl
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quote:
Originally posted by will:
?????????????????????????????????



Will, I was going to explain the trap, but I will defer to our resident Wall Street experts to explain the trap. I'm sure they can recognize what happened. Come on guys, "splain" the trap.


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glassman
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Noah, you oughta go into politics....LOL
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Upside
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originally posted by noahltl:
quote:
ROGER SPRINGS THE "TRAP". YEAH!!!!!!!!

I don't get it either. Please explain.


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finky4x2
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--------------------------------------------------------------------------------
CMKM Diamonds Announces Dividend Stock Will Be Paid on Oct. 6, 2004
9/24/2004 5:44:00 PM


LAS VEGAS, Sep 24, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced that the dividend of U.S. Canadian Minerals Inc. stock will be paid on Oct. 6, 2004, rather than today. "The delay was because of the enormous amount of administrative work that needs to be done by the transfer agents for both companies in order to make that distribution," said Urban Casavant, the company's chief executive officer. "We do not anticipate any further delays in paying the dividend." The record date for the dividend remains unchanged.

Rendall Williams, CEO of UCAD, stated, "Through the suggestion of management of CMKX and their corporate attorney, D. Roger Glenn, UCAD's management has agreed to issue additional shares for the round-up process for this distribution. UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution." Williams continued, "The relationship with CMKX shareholders is a welcome addition to our new family."

Glenn said, "The company's accountants are working to complete the audit of the company's financial statements. When that has been accomplished, the company will be well on its way to becoming a reporting company again."





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finky4x2
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srry for repost, Glass beat me to it
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noahltl
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quote:
Originally posted by glassman:
Noah, you oughta go into politics....LOL

Already been there glass


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noahltl
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http://www.sec.gov/rules/final/34-50103.htm

B. Short Sales in Threshold Securities — Rule 203(b)(3)
1. Threshold Securities
The Commission has decided to adopt, with certain modifications from what was proposed, additional requirements targeted at stocks that have a substantial amount of failures to deliver. As adopted, Rule 203(b)(3) requires any participant of a registered clearing agency ("participant")80 to take action on all failures to deliver that exist in such securities ten days after the normal settlement date, i.e., 13 consecutive settlement days.81 Specifically, the participant is required to close out the fail to deliver position by purchasing securities of like kind and quantity.

With slight modification from the proposal, a "threshold security" is defined in Rule 203(c)(6) as any equity security of an issuer that is registered under Section 12, or that is required to file reports pursuant to Section 15(d) of the Exchange Act82 where, for five consecutive settlement days: there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; that the level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding; and the security is included on a list published by an SRO. 83 We believe this threshold characterizes situations where the ratio of unfulfilled delivery obligations at the clearing agency at which trades are settled represents a significant number of shares relative to the company's total shares outstanding. We believe that such circumstances warrant action designed to address potential negative effects.84 This narrowly targeted threshold will not burden the vast majority of securities where there are not similar concerns regarding settlement.85 Our OEA analyzed recent data from NSCC on fails to deliver and calculated that approximately 3.9% of all exchange-listed and Nasdaq securities, and 4.0% of all securities, would meet this threshold.86

In order to be deemed a threshold security, and thus subject to the restrictions of Rule 203(b)(3), a security must exceed the specified fail level for a period of five consecutive settlement days. Similarly, in order to be removed from the list of threshold securities, a security must not exceed the specified level of fails for a period of five consecutive settlement days.87 This five-day requirement will address the potential situation where a security exceeds the fails level on one day, based on an aberrant fail to deliver that may not be indicative of the usual pattern of that particular security, and thus would prevent potential "flickering" of securities in and out of the list of threshold securities.88 Rule 203(b)(3) is intended to address potential abuses that may occur with large, extended fails to deliver.89 We believe that the five-day requirement will facilitate the identification of securities with extended fails.

As is currently the practice for Nasdaq securities that exceed the threshold designated in NASD Rule 11830, the pertinent SRO will be responsible for publishing a daily list of the threshold securities that are listed on their markets, or for which the SRO bears the primary surveillance responsibility.90 The SROs derive the information necessary to calculate the list of threshold securities from data on fails to deliver currently received from NSCC.91


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HarryHar
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so what's the trap?
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noahltl
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NASD Notice to Members 04-54

Operative Date of Short Sale ACT Reporting Requirements for OTCBB and Other Non-
NASDAQ OTC Equity Securities Extended to September 24, 2004
http://www.nasdr.com/pdf-text/0454ntm.txt


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