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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX ... VI ... The Saga Continues (Page 72)

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Author Topic: CMKX ... VI ... The Saga Continues
bill1352
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gator...you wouldn't be starting anything only demanding your fair share. if you dont get the same split as everyone else e-trade is scr**ing you. if everyone else got it wrong then it will be changed anyway. you can point out that their split number means the o/s is more then the a/s which is illegal and they better fix whatever problem they have.
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dwman
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quote:
Originally posted by DiQuiRiesco:
The only thing they are aquiring is tons of BS.

Then why are you even here? Surely you are not interested in buying BS. You sure sell a lot of it though.


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bill1352
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sure don't trading. i'd like to know all the differant split numbers brokers are using. ppl with mytrade will be waiting for them in the mail
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bill1352
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great article on stock boards, bashers, pumpers, sounds like they have been following this thread...lol http://www.investing.wsj.com/tools-body4.html

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GatorMan
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quote:
Originally posted by bill1352:
gator...you wouldn't be starting anything only demanding your fair share. if you dont get the same split as everyone else e-trade is scr**ing you. if everyone else got it wrong then it will be changed anyway. you can point out that their split number means the o/s is more then the a/s which is illegal and they better fix whatever problem they have.

bill, I appreciate what you are saying, and your concern. I think the problem is when it comes down to it, no matter what I demand they are going to take the DTC's word over mine and I will have just wasted a lot of my bosses time on the phone. I don't see it as a fight I can win by making demands. So, I've written CMKX to see if they can tell me what the ratio should be, and I'd like to contact the DTC myself. Now, if someone who got the better rate were willing to call their brokerage and ask where the rate they used came from, and if they are told the DTC and it's current information, I might be able to use that. But there IS something fishy going on with this.

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bill1352
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glad to call gator. my account is ameritrade. be back soon with an answer.
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GatorMan
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quote:
Originally posted by bill1352:
glad to call gator. my account is ameritrade. be back soon with an answer.

thanks

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bill1352
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gator...ameritrade said normally the shares come straight from the t/a along with the split count. ameritrades split was 108,552.63 to 1 the guy said contacting ucad's t/a would be a good place to start. who they are i don't know. should be on one of their reports i'd guess.
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GatorMan
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quote:
Originally posted by bill1352:
gator...ameritrade said normally the shares come straight from the t/a along with the split count. ameritrades split was 108,552.63 to 1 the guy said contacting ucad's t/a would be a good place to start. who they are i don't know. should be on one of their reports i'd guess.

Thanks. I wonder if the T/A and DTC are the same thing. I'll be they are. If the T/A is the same one they've had all along it's probably the one in Salt Lake City.

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bill1352
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t/a & DTC are 2 differant beasts. the t/a is a company working for companies the DTC is part of SEC sort of
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GatorMan
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quote:
Originally posted by bill1352:
t/a & DTC are 2 differant beasts. the t/a is a company working for companies the DTC is part of SEC sort of

The T/A is 1st Global Stock Transfer LLC in Las Vegas. Long distance call so I'll have to wait until I get home. Hope they are still open. But since this is not the same as the DTC then it may not help.

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bill1352
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the t/a represents ucad. they are the ones that decide the split not the dtc or the broker. this is the whole idea of exposing a naked short which the dtc was supposed to be in on. if you got that same split others with e-trade did too and that could add up to a lot of shares in e-trades account or they may not have had enough to go around. ameritrade said every broker used the same number but rounded each account a bit to even out shares. no split shares

[This message has been edited by bill1352 (edited October 08, 2004).]


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GatorMan
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quote:
Originally posted by bill1352:
the t/a represents ucad. they are the ones that decide the split not the dtc or the broker. this is the whole idea of exposing a naked short which the dtc was supposed to be in on. if you got that same split others with e-trade did too and that could add up to a lot of shares in e-trades account or they may not have had enough to go around. ameritrade said every broker used the same number but rounded each account a bit to even out shares. no split shares

[This message has been edited by bill1352 (edited October 08, 2004).]


I'll try to take care of this when I get home in two and half hours.

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safeguard
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Good today, huh! Hope it is anyway.
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rivercity
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quote:
Originally posted by GatorMan:
Does anyone know who the DTC for CMKX is and have a toll free number for them? Or non-toll free if that is all that's available.



gator, here's the # for 1st global stock transfer llc: 1-702-656-4919, if you have trouble getting info from them then try ucad's t/a : 1-702-361-3033. good luck getting any info from these people...rivercity

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safeguard
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quote:
Originally posted by JBCak47:

Enjoy the Earth, don't eat the apples... Remember that.

Not apples...it was fruit of the tree of knowledge of good and evil...that is what made us accountable.


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STAR GAZER
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ed19363
Member posted October 08, 2004 10:37
--------------------------------------------------------------------------------
I just wish they would make up their minds what business they are in.....cars, uranium, diamonds, next we will be prospecting for cow poop.....
Hey, don't poo poo poop. If I remember correctly, some companies are collecting cow and pig poop in order to obtrain the methane I understand that they are all fired up about it.

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sdrobert
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but if they were coconuts do you think they would have still tried to bight it
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TradingWizard
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coconuts??? lol
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tradingpennys
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quote:
Originally posted by bill1352:
ameritrade said $250 only if you sell the shares. also that charge may not apply. it depends on how the restriction is lifted which of course was supposed to be told to us in a pr from cmkx. remember the pr announcing it information to be announced at a later date. ppl with mytrack will be getting their ucad shares in the mail unless mytrack has change their policy. they told me that they do not hold any restricted shares at all. when the restriction is lifted they will need to be mailed to ucad's t/a for exchange to unrestricted shares and then sent back to your account. you can do this with ameritrade also if that charge does end up applying but it will cost $40

I use MyTrack and my UCAD shares show up as UCADZZ.


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STAR GAZER
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Nobody has done a followup on our pending uranium property. First of all, a property that contains 0.15% u3o8 is considered to be a high quality uranium find, and our property has 1% u3o8 which is almost 700% richer in uranium. Also, the price of uranium has been steadily climbing and is up over 100% in the last year. Because nuclear generators are pollution free, more and more countries are now building nuclear generators. There used to be tons of stock piled processed uranium ore available and that is now virtually gone. Therefore, many commentators are saying that the price of uranium is only at the beginning of its upward price movement. CMKX at .0002? You've got to be kidding. Even with +700 billion shares, that is a rediculous price. Luckly, it may stay down there for quite a while in case any body wants to try buying at that price. It is going to take quite awhile to explore the properties. However, if high grade uranium deposits are found, the price of CMKX is going to start edging up, especially as updates of drill results are released. And don't forget that we have what is considered THE BEST DIAMOND PROPERTY IN THE WORLD. It is only a matter of time before we announce a BIG diamond find. AND WE HAVE A MAJOR LAW FIRM on our side and they are specialists in arranging for firms to obtain listing on a major stock exchange. And finally, don't forget that this part of Canada is famous for its gold deposits, plus now people are also discovering platinum in the area. I've always said that this is a long term stock hold, not a quick trade. United Carnia Resources has 14.16 million shares. In February it was .14 (Canadian) and has been steadily climbing. Today it closed at .41, another up day. Stockhouse grades stocks using a group of 30 technical indicators and they grade it as bullish. Their web site is: www.unitedcarnia.com
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STAR GAZER
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Oh, and don't tell anyone, but Stockhouse rates CMKX as bearish. Shows what they know.
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cool1sh
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Any1 has today's volume?
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bill1352
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trading....they must have changed policy then at mytrack. when i first heard about ameritrades $250 charge they were one of the brokers i considered changing to. i was told they would be mailed to me and i'd be charged $25 which seemed a lot better then $250 but they said there might be a t/a charge add that to a 1 mil limit on penny trades i never switched.
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bill1352
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i'll never understand ppl. i was talking to a broker at an investment firm in birmingham, michigan, a very rich city outside of detroit ( the Lakers stayed right across from the office during the champoinships) while giving them a quote for some work, i brought up cmkx, he was a younger guy, mid-30's thought he might know about boards and thus heard of cmkx. he did & had and he says the same thing i do. cmkx has very good potential even with the car thing but 779 billion o/s kills it no matter what they find in the ground. he said he owns a few million shares and figures to one day make a nice profit on the $1,000 or so he has in it but the talk of getting rich is crazy. he agrees about the market & the naked short problem but cmkx has diluted the stock so much it doesn't matter. with this many shares on the market covering isn't too hard to do. he does believe we will make a very nice profit on our investment but that he wasn't looking at new houses.
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GatorMan
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quote:
Originally posted by rivercity:
gator, here's the # for 1st global stock transfer llc: 1-702-656-4919, if you have trouble getting info from them then try ucad's t/a : 1-702-361-3033. good luck getting any info from these people...rivercity

Thanks. I've gotten to the bottom of the issue.

First of all, ETRADER's rejoyce! They DID use the wrong ratio and it should be corrected by Monday morning.

I called UCAD's T/A and they referred me to CMKX's T/A, 1st Global. They told me the correct ratio is .00000962. I called ETRADE ready to do battle and they informed me the issue had already been resolved and accounts will be corrected. They said they did not go out enough decimal places! So all is well, at least for now.

Thanks for those who helped with this issue!

By the way, all parties were very friendly and helpful. I tried to UCAD share structure but they said their computers were being upgraded and they didn't have access right now. I knew better than to ask for CMKX share structure

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~,-,-< GatorMan

[This message has been edited by GatorMan (edited October 08, 2004).]


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SmokingUSA
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cool1sh

Volume 81,965,049 - according to Small Cap center
81,965,049 according to http://quotes.freerealtime.com/rt/frt/M?IM=quotes&symbol=CMKX&type=Quote


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cool1sh
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Thank you, but thats not accurate. Its the number after reset.

quote:
Originally posted by SmokingUSA:
cool1sh

Volume 81,965,049 - according to Small Cap center
81,965,049 according to http://quotes.freerealtime.com/rt/frt/M?IM=quotes&symbol=CMKX&type=Quote



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ed19363
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Did I hear 800 BILLION????
or is it Million??
Either way, somebody tell me the date of the reverse split !!!!
Ed

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SmokingUSA
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[This message has been edited by SmokingUSA (edited October 08, 2004).]


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STAR GAZER
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Here is a post from another board. They also think that are teaming up with United Carina is a real event and shows that we are in the big leagues. Posted by: zeninvestor32
In reply to: None Date:10/8/2004 5:17:37 PM
Post #of 16712

WHAT I BELIEVE THEY WILL TRY TO DO

I believe the MMs will do their very best to keep the price suppressed even right through a filing. I think they continue to labor under the misimpression that people will sell en masse the longer they can keep the lid on the price, ESPECIALLY through the periods of high expectations (like the first dividend). They will do this for as long as they can. This may sound depressing but that is their tactic. So how will we win? I don't know. I feel Roger's trap will have a trigger. A straw to break the camel's back. That final jenga piece that causes the whole tower to collapse. Until then, everything will seem as is (and very painful) until then. What stinks is that I have my money in cmkx and not ucad, gemm, sggm and other related cmkx stocks. I'm banking that the returns on cmkx will far outpace those of the others. In the mean time, I do wish I had invested in the peripheral cmkx stocks. LOL Oh well.

Believe it or not, today's news was one of the most significant pieces of news we've had thus far. I consider Rick Kusmirski a big player. He is in bed with the Lundins through his JNR joint ventures. He is one of the foremost uranium guys. I believe today's news closely aligning cmkx with him was SIGNIFICANT. This was the first real DIRECT sign to me that we are aligned with big players and big money. To date, there has been a lot of circumstantial evidence. I again reiterate. Carina did NOT need us as a partner. They have JNR. They have IUC. They have Cameco. They have CONSIDERABLE other options to finance these claims. The fact that they chose cmkx is significant to me. Rick is a bigwig. This was an important deal to us ... and to him imo. A deal like this does not happen with a big player unless there are DEFINITE reasons.

I'm pleased (despite the pps). Very pleased. This was a big sign of things to come to me.




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Penny-Trader
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and scamming is scamming.

look at the timing of the payout of the dividend. that was a carrot to dangle in front of you to keep you holding till they slowly crept the PPS back down. how many held to get the extra shares only to find out that now you are really red.

we touched on .0001 today and guess what that is where we will be for a long long time to come.

Uranium lol you know there probably isn't enough uranium in the entire county to move this price back to .0004.

this is the largest scam of the century.

I can see Casavant laughing his fool head off right now with uncle melvie saying I told you we where going to get this money.

speaking of dividends has anyone seen these dividends in their accounts? they where supposed to be paid out on the 6th

under valued i don't think so over diluted, you bet. water isn't this diluted.

quote:
Originally posted by legal1082:
Now, tell me this isn't the most under valued stock around! And the pps still wont move, watch! This is coming to a great big climax! I just learning this stock game, but business is business

[This message has been edited by penny-trader (edited October 08, 2004).]


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sdrobert
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you kind of have some money in them dont forget your divies
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noahltl
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quote:
Originally posted by will:
noah wrote:
"MM's given a few days to a couple of weeks to cover. NSS trading comes to a screeching halt and the market for CMKX comes back to a normal flow as it did today, and the pps begins rising, as it did today. Sound like the beginings of a squeeze. Only time will tell now."

I had to read that a couple times. It looks as if I am being told that the "squeeze" has begun. The dividend is paid, been paid, why would the squeeze ocurr afterwards? I think I need this explained better than it was.


Will,

Sorry I can't be in here as frequently as I used to be. but rest assured that I am not hiding from anyone here.

On my last personal post, I was in a hurry and probably didn't explain myself as well as I should have, but I've got some time now, so I will try to break it down.

All of this is just my OPINION and should not be misconstrued as anything else. It is based on things I have learned from DD as well as other boards and posters. So with disclaimers out of the way, let me tell you what I think has happened, and is still happening.

The "squeeze" took place already, as Roger Glenn approached his friends in the SEC and showed them that Urban and Co. were holding all of the AS/OS this summer. Urban had already purchased back everything that he had previously sold. Once the issue of NS was proven to the SEC, a plan was devised to negotiate a settlement with the MM's, through the DTC rather than cause a scandal, and financial problems in the market.

At the July meeting in Sask, the plan was made operative with Rendall Williams agreeing to issue restricted shares of his company to Urban, to be used as a dividend for CMKX shareholders.

UC and Roger issued a PR announcing the distribution of that dividend. It was decided that "every" shareholder would receive the dividend, even the naked shareholders. This was clarified in the subsequent PR, after all MM's were on board the agreement. CMKX could not issue dividends to more shares than were authorized, so the AS was increased to 800 billion to cover the 779+ billion and the 21 billion retired.

When the share audit was completed, and the float plus NS were calculated, CMKX and UCAD's side of the agreement was to issue dividends to each of those shareholders, not to include Urban's or company held shares. That total was determined to be 779,625,779,225. Remember, that this was the total of float and NS combined.

The ratio was determined and the DTC was notified to begin the distribution, even without the shares having yet arrived by snail mail. Some brokerages went ahead with the distribution, while others waited for the actual hard copies to arrive. This after they got burnt last Friday on the distribution.

Part two of that agreement for UCAD to "loan" the divys to the DTC for the distribution, was that the NS MM's would purchase restricted dividends from Rendall and UCAD over the next few days to two weeks. Rendall was in a position to demand his own price for the shares, and obviously did. And that pps is being reflected in the pps increases on the open market. That was part one of the squeeze.

In 10 days, we are to receive a dividend in CIM. For those divys, shares of CMKX must be held through distribution date in order to qualify. If the MM's do not purchase back their NS from shareholders between now and then, they will have to go to UC to buy them, since they are private. They can't buy them on the open market, or NS them. And this time, the distribution will be for all shares, OS, float and naked shares. That is why we are looking at 1.5 trillion. Once again, they will be at the mercy of the company if they don't get out of their NS positions. Which option do you think they will chose? Deal with us, or deal with the guy they tried to destroy. \

I don't think they will be playing around anymore, they know the game is up and they are being watched by the SEC.

So what was going on today? Hedge funds and off shore "investors" have been warned to "get right". Some of the activity has been these "types" of people getting "light". The rest was "churning" to try and convince some weak hands to divest. Remember, not everyone reads the boards. They see their pps dropping, and they panic and sell.

After the shake is over, we will see a mild run on the stock. But we will not see the major run, until we are fully reporting. Roger and Urban do not want this stock to see its "surge" while on the Pinks. So I expect to see our status report coming out very soon, with a move to the OTC BB, before moving on to NASDAQ or AMEX. That will take a complete new set of maneuvers which will probably come very close to what GeorgeBurns anticipates in the repost that I made above. Expect CIM and SGGM to come in to play then, as we move up to a higher board.

Once we have settled in to one of the boards, we will see valuation of our holdings and income flow, from our various holdings of JV's as well. But we will also see the results of the drilling, which IMO, is in the "teens", with a high percentage diamondiferous. I think we will also see the results of the Carolyn sample that has been "locked" away, come out with some "eye-popping" diamonds, that they have known about since drilling. The first sample, that bore micro diamonds, was only released because of the PR problems with our JV's back in the early summer.

When these sites, are drilled, they start with one hole in the middle of the drill target. After that, they drill holes some distance away, at 3,6,9 and 12 o'clock from the "pilot" hole. There was only the one hole drilled at Carolyn, indicating that they found all that they needed in the pilot hole. Since then we have been drilling far more holes than have been PR'd or reported by Melvin, all with excellent results.

This information was not going to be released until we were out of the clutches of the MM's, and on a board where institutional and deep pocket investors could invest in CMKX.

We are at that point, now. I won't be selling out cheaply here, as I think we will be able to pretty much name our own price. On the long term, I will be holding shares for my grandchildren to see the results of the "empire" that Urban is building in Sask and Nevada, in London and Antwerp, in S.A. and China.

Remember, this is all IMO. OK go ahead and pick it apart.

Thanks to DR D for some of this information. That guy has a mind like a steel trap.


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Upside
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There you go Will, a nice, simple, concise answer. Things like this happen all the time in the markets, day in and day out. What don't you understand? Are you stupid or something? Just let the master plan unfold!

[This message has been edited by Upside (edited October 08, 2004).]


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