posted
please note that i said that it was my opinion not fact.
can you prove otherwise?
or is it just your opinion? if so i can question you as well on it right?
quote:Originally posted by GHOST: Penny Stock: I can't stay on very long, but how do you know whether or not you know whats going on behind the seens that they just didn't let out yet?
"legal form of taking our money and giving us something for our money. the problem is that they will devaluate quicker then a used car in a bowl of salt. thus the perfect scam. somehow behind the scenes Casavant will pull a generous salery form these companies and we are left with nothing to show but a bunch of useless stocks."
[This message has been edited by penny-trader (edited October 16, 2004).]
Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Penny Trader Heck No: I sure wish I did! But just because they didn't give us their master plan doesn't mean there isn't one! Don't get me wrong, I'm up in the air on this my self, but you never know!
Posts: 146 | From: FLOATING | Registered: Feb 2004
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posted
Hey, TradingWizard, you missed us not missing it. More free shares of GEMM, I'll take it. However, penny's question is legitimate. There isn't any answer to it, penny. This whole play defies logic. Record date is Oct 31, so does it really hurt to hold another few weeks? God knows why these people do what they do. I still don't believe there is a "master plan", no one could have planned this mess.
[This message has been edited by will (edited October 16, 2004).]
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Penny trader thanks for your reply looks like someone was working either late night or early morning.
Oh boy, you maybe asking wrong person today since I been kind of watching CMKX on and off and probably there are many things I am not aware of. Here, see if my answer will make any sense. CMKX has no revenue, however, don't they have money from investors, not just shareholders, I am talking about other companies.
On the other hand, I am sure someone may have better answer than me.
posted
i agree that there is a master plan and it involves a shiit load of money. i just cant see where we are in on the reaping of the rewards.
Dividends and dilution of shares are at opposite ends of the gamut. Dividends are at the good end and dilution at the bad end.
Dividends are paid when a company is making money. the first thing that stops with a company as soon as they stop making money is the dividend.
Dilution happens at the opposite end of the scale. when a company has no income and needs to generate money it dilutes the stock. this is bad for the stock because it deflates the share price, as the company's worth has to be spread mungs that many more shares.
CMKX just paid a dividend and diluted the stock in the same week.
so my question is: why the hell are we getting the dividend if we have no income and have to dilute to get it, and how does this benefit the company if they are hurting the pps?
And what are these dividends really going to cost us in the end?
quote:Originally posted by GHOST: Penny Trader Heck No: I sure wish I did! But just because they didn't give us their master plan doesn't mean there isn't one! Don't get me wrong, I'm up in the air on this my self, but you never know!
[This message has been edited by penny-trader (edited October 16, 2004).]
Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Penny Trader: May be they are backward aces. I'm not even going to pretend like I know their thoughts! Tell you the truth. I've never played one like this in my life! I just can't imagine how its going to play out! I still think there will be great news by the time of their party. No one in their right mind would show up at a party if they just screwed some one over. Well you guys take care and don't bash to much and I will try not to pump too much. I've get back to the books. (In the end we will be either or Posts: 146 | From: FLOATING | Registered: Feb 2004
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quote:Originally posted by will: Hey, TradingWizard, you missed us not missing it. More free shares of GEMM, I'll take it. However, penny's question is legitimate. There isn't any answer to it, penny. This whole play defies logic. Record date is Oct 31, so does it really hurt to hold another few weeks? God knows why these people do what they do. I still don't believe there is a "master plan", no one could have planned this mess.
[This message has been edited by will (edited October 16, 2004).]
Yeah you are correct Will, oh well I cannot be right all the time. I don't mind free shares either, just everytime I go to my account and see my 33 shares makes me laugh, what a ratio.
On the other hand, it reminds me quantum physics vs Newtonian physics --- in this case CMKX is like quantum physics, which in theory still works. So I am in this game for a long haul.
By the way, nice talking to you again. Its been a while. I downgraded myself to lurker position, since got other things to do.
posted
P-T My guess is that is why it's not in cash divvys. I believe the divvys are happening for a reason. I think nobody here has ever seen anything like this. It's hard to know what to expect when you're talking about the unexpected.
Posts: 2634 | From: The highway | Registered: Feb 2004
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quote:Originally posted by penny-trader: Dividends are paid on a normal stock when a company is proffitable. CMKX does not have any form of income outside of dilution.
i fail to see the viability in this theroy of paying dividends with no income. ]
CASH dividends "are paid on a normal stock when a company is proffitable." [sic]
STOCK dividends are paid by a company that may be divesting into other companies to correct an incredibly complex and adverse market situation.
IMO
Posts: 1872 | From: right here | Registered: Apr 2004
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posted
You're right, I don't know. No one else does either. You know why? Because, CMKX is not forthcoming with any news that points to any logical end. Unless, of course, you buy into that DrD/Sterling nonsense. The fact that you tell me I can't prove there isn't a master plan does not make it certain that there is one. As much as I can't disprove it, you can't prove it either. Look back a few pages on this thread for Diamond Discoveries International Corp's sample report, or just look at the Diagem's report on their sampling. Recall CMKX's report back in June. You see a difference? The others were much more detailed and complete. The lack of being forthcoming and detailed doesn't make you curious as to why? Now, if they had a monster find, I might agree, but when it turned out to be two micro diamonds, well I see why they weren't forthcoming.
quote:Originally posted by GHOST: Will: How do you know what is going on behind what they let out and didn't let out? Any body running a business has a plan.
"God knows why these people do what they do. I still don't believe there is a "master plan", no one could have planned this mess."
[This message has been edited by GHOST (edited October 16, 2004).]
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Will: I actually agree with you! Now I have to leave you with the same thing as above. Take care and smile money don't matter after we are gone!!
May be they are backward aces. I'm not even going to pretend like I know their thoughts! Tell you the truth. I've never played one like this in my life! I just can't imagine how its going to play out! I still think there will be great news by the time of their party. No one in their right mind would show up at a party if they just screwed some one over. Well you guys take care and don't bash to much and I will try not to pump too much. I've get back to the books. (In the end we will be either or
posted
your assuming they will show at the party or even have the party i can see it being canceled unless somethign ral drastic happens between now and then.
if they do have the party all they are going to do is blow smoke up your azz and tell you nothing just more carrots hanging all over the place. lets face it if they had anythgin good to tell us it would be out ands on our laps right now.
there is no reason for a party other then to spend more money that the company doesnt have, so they will hav eto dilute again. Dilution is only income for Casavant and company not for us nothing to party about there.
have fun if you go.
quote:Originally posted by GHOST: Will: I actually agree with you! Now I have to leave you with the same thing as above. Take care and smile money don't matter after we are gone!!
May be they are backward aces. I'm not even going to pretend like I know their thoughts! Tell you the truth. I've never played one like this in my life! I just can't imagine how its going to play out! I still think there will be great news by the time of their party. No one in their right mind would show up at a party if they just screwed some one over. Well you guys take care and don't bash to much and I will try not to pump too much. I've get back to the books. (In the end we will be either or
Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote:Originally posted by penny-trader: whats the point in the buy. they buy all these shares and give them to us. what value does this give the company?
they are not gaining any more of the company that way they just bought them and gave them away basically. Ill take them but i dont see any economical advantage to this move other then to convince share holders to hold thier shares.
please someone explain to me how this is a good move and economically responsible of the company to do this.
as well not how many dividends are we suppose to be seeing? this seems like the 4th one i have heard of but i have only seen one show up in my account.
Please enlighten me on this.
If you subscribe to the naked short theory then this is another play to force the MMs to cover or come up with dividend shares.
Another possibility is that there may be other elements to the deal that have not been made public that does benifit the company.
It's also possible that CMKX is hoping this will bring the pps up and they can dump more stock on the market, enough to cover the $500k paid for the GEMM shares.
I doubt any of us know what's really going on, but these are just a few possibilities.
posted
You guys must enjoy beating dead horses. None of your questions are going to get answered by speculation on a chat board. Everyone should relax and wait for PRs. Guessing just doesnt get it... Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
"If you subscribe to the naked short theory then this is another play to force the MMs to cover or come up with dividend shares."
I don't understand how the UCAD dividend didn't force the accounting of NSS. It was a divivdend paid to O/S with restricted shares. How could it not have forced the covering on 10/6/04? I need the "squeeze of the century", that didn't happen with UCAD dividend explained to me in forthright plain language. Without any conspiracy theories that include the SEC, DTC, MM's, UCAD and CMKX. There is no way in hell there was a deal struck to cover an astronomical amount of naked shorts between the SEC, DTC, ...and the rest. After the UCAD dividend the NSS was completely discredited when the PPS of CMKX went down. The evidence of a squeeze is upward pressure on the PPS, the UCAD dividened and accounting of CMKX shares caused the opposite effect on CMKX'x PPS. Please, let's not stick to something that has been debunked, and proven to be nonexistent.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Common guys someone in here must be able to answer my question. everyone is quick to shoot me down as bringing negative to the board but no one will answer a question that would bring clearity to many im sure. can anyone answer my question?
Dividends are paid on a normal stock when a company is proffitable. CMKX does not have any form of income outside of dilution.
i fail to see the viability in this theroy of paying dividends with no income.
Ammunition against the massive class action lawsuit that occurs when the real CMKX is exposed? It's another way for them to say "we had the shareholders interests at heart" when the exact opposite is the truth.
posted
The scam is almost complete. UC is days away from making his getaway in the CMKXtreme motorcycle, he's going to hide at the party in vegas, under the punchbowl table, where nobody would expect him to hide.
Vicki (SGGM IR/Casasvant familiy member) went to ty's funeral (ty, rb poster, mentioned in green barron release) to fool us all into thinking that they care.
They also got debeers and kensington to release this to make us believe that there are actually diamonds in the area:
"Kensington/De Beers optimistic
At a tour of the Kensington/De Beers Diamond Project in the Fort a la Corne area recently, project executives stated nothing but optimism for further exploration of diamonds in the region.
By Colin McGarrigle of the Journal
Melfort Journal — October 12, 2004 At a tour of the Kensington/De Beers Diamond Project in the Fort a la Corne area recently, project executives stated nothing but optimism for further exploration of diamonds in the region. The 2004-05 evaluation and exploration program has been given a $7.62 million budget, representing the largest and most aggressive exploration program to date for the project. "We have found diamonds and we know that there's many more," stated Richard Moleneux, president and CEO of De Beers Canada. Current exploration has shown a significant deposit of kimberlite in the region, and tests have indicated that the grade of diamonds found range from seven to 16 carets per hundred tonnes. "This is a new era for Kensington. If everything goes as well as we hope, this could be the largest, low-cost, long-life diamond site in the world," explained Robert McCallum, president of Kensington Resources. "Kensington shares will definitely be a lot higher than they are today," McCallum stated with optimism. With the large exploration budget, the goal now is to establish a Task Force to identify new goals and review the strategy for advancement at the diamond project. Moleneux added that the demand for diamonds had slipped in previous years, but that there seems to be a resurgance in the markets recently. "It is a hugely complicated process to sell diamonds, but the demand for diamonds is now growing ahead of supply," stated Moleneux. "And a project like this takes on a new importance for diamonds," he added. While the group is still in the exploration stage, McCallum stated that they are looking at ways to accelerate the project as quickly as possible. A feasibility study will be carried out within three to four years, according to McCallum, and if the study gives the go-ahead, he stated that the project could have three to four large open-pit mines within a few years. Even though it could be several years before any actual mining takes place, McCallum and Moleneux were stating that they would be seeking ways to maximize the local work force in any way possible."
posted
Enough about Divys....Time for a Rumour..... Rumour going around Prince Albert is all people connected with the drilling of the Carolyn Pipe, to the Lab Techs that examined the samples have been sworn to silence. There gift for this is coming in the form of a huge bonus.
Sounds like a reality TV show. PRRM should produce a show like this...LOL
posted
child, isn't the share price of the parent company not the dividened company suppose to rise in a sqeeze? Are you saying this is some type of double naked short squeeze with a duble reverse? Just give it to me in plain forthright language. The fact that the dividened stock's price rose is NOT evidence of the "squeeze of the century". The UCAD dividened was restricted so it wasn't bought to put in our accounts. Facts are facts, and NO ONE has explained the absence of this squeeze phenomena. the major proponents used the excuse of excessive bashing here to escape accountability of the failed squeeze. the best they could do is try to convince you that UCAD was bought to cover the dividend, false, they were restricted shares. They offered a deal between regulatory agencies, SEC, DTC, and CMKX, UCAD, and MM's, nonsense, didn't/couldn't happen. Lastly that it is still to come, impossible the UCAD dividend answered the NSS theory. It didn't ocurr.
posted
Well, you see the problem with that is: All the windbag geniuses, DrD/Sterling types will force bullsh|t in your head, and make you believe the best is yet to come. The reality of the situation makes you right, there's nothing to be said or done. We are at the mercy of ambiguity and specualtion. You don't have to contribute, ever consider we just might like specualting, and arguing our points. It's called entertainment. I'm sure there are other places where only good pie-in-the-sky crap is discussed.
quote:Originally posted by ed19363: You guys must enjoy beating dead horses. None of your questions are going to get answered by speculation on a chat board. Everyone should relax and wait for PRs. Guessing just doesnt get it... Ed
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by will: ..isn't the share price of the parent company not the dividened company suppose to rise in a sqeeze? Are you saying this is some type of double naked short squeeze with a duble reverse? Just give it to me in plain forthright language. The fact that the dividened stock's price rose is NOT evidence of the "squeeze of the century". The UCAD dividened was restricted so it wasn't bought to put in our accounts. Facts are facts, and NO ONE has explained the absence of this squeeze phenomena.
CMKX's T/a is 1st global. Jeff is the guys name who handles cmkx. I'd like to see you give him a call and ask him all these questions, see if you can get anything out of him. Plenty of pro-cmkx'ers have talked to him but I haven't heard of any anti-cmkx'ites who've talked to him.
I dont know what will come of your conversation but it should at least be interesting.
1ST GLOBAL STOCK TRANSFER, LLC 2431 Tech Center Court Suite 106 Las Vegas, NV 89128 Phone: (702) 656-4919 Facsimile: (702) 304-0634
quote:Originally posted by will: child, isn't the share price of the parent company not the dividened company suppose to rise in a sqeeze? Are you saying this is some type of double naked short squeeze with a duble reverse? Just give it to me in plain forthright language. The fact that the dividened stock's price rose is NOT evidence of the "squeeze of the century". The UCAD dividened was restricted so it wasn't bought to put in our accounts. Facts are facts, and NO ONE has explained the absence of this squeeze phenomena. the major proponents used the excuse of excessive bashing here to escape accountability of the failed squeeze. the best they could do is try to convince you that UCAD was bought to cover the dividend, false, they were restricted shares. They offered a deal between regulatory agencies, SEC, DTC, and CMKX, UCAD, and MM's, nonsense, didn't/couldn't happen. Lastly that it is still to come, impossible the UCAD dividend answered the NSS theory. It didn't ocurr.
I don't know,that's why I said 'to me'. Just sure is something how simular to UCAD those charts looked. Some October surprises I couldn't pull up the charts on was for Kensington Resources, KRT.V and Shore Gold, SGF.V on Pinksheets. But somewhere else I saw them they looked the same as well. So,it's all just a coincidence then?
[This message has been edited by highwaychild (edited October 16, 2004).]
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
First of all, I am not an antiCMKX'er. I own the stock, and have hopes of it doing well. I am an anti-pie-in-the-sky, bullsh|t theory person. You may believe these wild theories and explanations and touts to purchase more, but I don't. These people are stuck in this for $25,000+, and have seen their investment errode to less than 50% of that $25,000. It is in their best interest to spin this positve. Positive is one thing, but fantastic claims is another. I'm sure you have read all of their theories, including their .51+ buy out offer yet to come. They get lucky and hit one thing that comes to pass, and everyone applauds them as being geniuses, they forget the other 99 predictions that never happened. Those predictions are just lost to time and the archived threads. Me calling jesus isn't going to change the O/S, or the fact that a squeeze didn't ocurr.
quote:Originally posted by Ruh420: CMKX's T/a is 1st global. Jeff is the guys name who handles cmkx. I'd like to see you give him a call and ask him all these questions, see if you can get anything out of him. Plenty of pro-cmkx'ers have talked to him but I haven't heard of any anti-cmkx'ites who've talked to him.
I dont know what will come of your conversation but it should at least be interesting.
1ST GLOBAL STOCK TRANSFER, LLC 2431 Tech Center Court Suite 106 Las Vegas, NV 89128 Phone: (702) 656-4919 Facsimile: (702) 304-0634
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
child, there is no denying the jv companies are doing well, and there is no question that CMKX isn't, (PPS-wise). By definition the "squeeze of the century" was to send CMKX flying, not the others, so we could sell to the MM's to cover their naked shorts. It isn't/wasn't defined by us buying the dividend companies to realize our gain. The proof is that it didn't happen, plain and simple. It can not be justified or said to have happened because affiliate company's price has risen. Again, by definition the price of CMKX should have risen, and it declined, just the opposite. That says to me, NO NSS. Now if you believe that it is still possible please expalin it to me. I shouldn't have to speak to a T/A or jesus to know how it did happen or will still happen. People that are proponents of a this theory should be able to explain it, clearly, plainly, and completely. The price of CMKX did not go up astronomically, so logic forces me to conclude it didn't happen, and the fact that there was an accounting and dividend paid to all O/S CMKX stock, forces me to conclude it doesn't exist.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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How many of you remember what UCAD said about GEMM in their 10K or 10Q (don't remember which) re Juina? Seems to me they said it was not productive, minor mining by locals, etc. Not a good picture. If I can find it, I will post it. ******************************************** someone wrote:
those that have thousands and thousands of dollars invested in this will be sitting on the edge of their seats for years to coming hoping for a train to come in holding their money. the problem is that that train doesn't exist. -----------------------
LOL I have a train that will hold every bit of that money!
*******************************************
penny-trader questioned the dividend from a company without money. Is it possible they are just going to use it as another diversion so as to not release the issued and outstanding? That way, for those that do not buy it, I/O is still an unknown rather than about 780 billion shs.
Ghost, re your question about DDing the rumors, it is an impossible quest with CMKX. One just has to assume that everything, including their releases, is the equivalent of a rumor or speculation.
quote:Originally posted by will: First of all, I am not an antiCMKX'er. I own the stock, and have hopes of it doing well. I am an anti-pie-in-the-sky, bullsh|t theory person. You may believe these wild theories and explanations and touts to purchase more, but I don't. These people are stuck in this for $25,000+, and have seen their investment errode to less than 50% of that $25,000. It is in their best interest to spin this positve. Positive is one thing, but fantastic claims is another. I'm sure you have read all of their theories, including their .51+ buy out offer yet to come. They get lucky and hit one thing that comes to pass, and everyone applauds them as being geniuses, they forget the other 99 predictions that never happened. Those predictions are just lost to time and the archived threads. Me calling jesus isn't going to change the O/S, or the fact that a squeeze didn't ocurr.
Maybe anti-cmkx'ite was a bad choice, didn't mean to get you on the defense. But I'm not calling anybody a realist cuz it's a frickin pinksheet, it can be a scam just as easily as a legit co, easier even. You know this.
I dont care about these people with $25k in cmkx, they dont confont me, if they spent more then they could afford, that's a real good learning experience lol. I've seen these people on other boards asking if they should take loans, thankfully for them most of the replies are level headed.
I do believe that with your frame of mind, that a conversation with the TA might shed some light.
I'm on the fence about all the theories, we'll know soon enough who was wrong and who was right.
The otc is a billion $ +++ market and where there is money involed there are a lot of shady characters. You can't refute that. So the pinksheets are pretty(very?) shady, seems the mm's have a lot of power and can be just as shady.
Maybe wallace will give him a call if you dont want to... I just want to see what comes of the conversation. I dont even understand it all, dont think anyone can, and I rarely follow the stock messiah posts anymore, but I'm keeping my shares.
posted
With all do respect, to all hardcore CMKX fans and stockholders. Wake up and smell the coffee, ed19363 is right every single on of you must really love to beat dead horses. stop wasting valuable time and space on this board. Stop the speculation and rumors it AIN'T helping the rest of us who are making money here on real profitable pennies. When there's a good pr about CMKX it will come and the stock will move.
I'm no hater but this is ridiculous, the other day I banked lovely on KWNS JRVR and EWMD and I mean lovely. There are a few sensable people on this board but they ain't on this thread. We want to make money I cringe everytime I see an addition to this post.
Please make sensable posts like the good Dardadog and some others here. Good bye
Posts: 273 | From: New York City | Registered: Sep 2004
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I don't much care what JEFF or any MM might say about CMKX. My opinion of any MM is neutral. As far as I am concerned, each is no different from any other businessman in that they are trying to earn money and make a living. Both good and bad probably exist.
posted
the horse has long been turned to dog food and eventually left in a pile on somebody's lawn. lol
I think with these story stocks (pinksheet co's, where the outcome is seen as either: HUGE or HUGE FRICKIN SCAM)... they can turn into the 3rd great internet debate IMO.
The other two being religion and politics, where everyone has their point of view and will argue it til death.
imo of course
and I think we all made $ this week, I know will had a double this week, wish I was in on that. I played lenf and nsol a couple times for some $, but missed the doubles on both of em.
posted
I have a cure for your cringing. Don't read it. I had EWMD too, so you see it's possible to entertain oneself here, and make some money too.
quote:Originally posted by wadeinni: With all do respect, to all hardcore CMKX fans and stockholders. Wake up and smell the coffee, ed19363 is right every single on of you must really love to beat dead horses. stop wasting valuable time and space on this board. Stop the speculation and rumors it AIN'T helping the rest of us who are making money here on real profitable pennies. When there's a good pr about CMKX it will come and the stock will move.
I'm no hater but this is ridiculous, the other day I banked lovely on KWNS JRVR and EWMD and I mean lovely. There are a few sensable people on this board but they ain't on this thread. We want to make money I cringe everytime I see an addition to this post.
Please make sensable posts like the good Dardadog and some others here. Good bye
Oh yea! With all due respect.
[This message has been edited by will (edited October 16, 2004).]
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Will, I didn't buy stock in this for a "squeeze".But I didn't buy it to get "cellar boxed" in either.And in the boat I float, divvys and fs'(come on keep 'em commin'),I wouldn't care if this ended up in court.With people like this guy http://www.sec.gov/rules/proposed/s72303/rshapiro122403.htm
I don't much care what JEFF or any MM might say about CMKX. My opinion of any MM is neutral. As far as I am concerned, each is no different from any other businessman in that they are trying to earn money and make a living. Both good and bad probably exist.
Will get back to you folks later.
Hey Wallace, Actually talking about a guy by the name of Jeff, he works for 1st global as cmkx's t/a.
I've seen posts on boards where he's mentioned ucad divy's and cmxk shares and talked with people about naked shares etc, and I figured a conversation between him and one of you guys might be beneficial to our view of the situation.
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