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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX ... VII ...Waiting for that October Surpirse (Page 17)

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Author Topic: CMKX ... VII ...Waiting for that October Surpirse
will
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No one denies naked shorting goes on with stocks. That isn't the question. Don't take the general arguement that shorting exists and apply it to a particular. It happens, and I believe it happens in general on a large scale.
CMKX paid a restricted dividend 10/06/04 of UCAD stock. They were restricted and could not be purchased by MM's and placed in everyone's account. There was no or very little shorting on CMKX because every O/S had to be accounted for and paid. There was no rush to cover because the PPS went from .0002 to .0003, and back to, and holding at .0002, flirting with .0001. By virtue of the proponents definition of a NSS, of a squeeze, keep in mind, their definition, not mine, the price of CMKX should have soared astronomically. I am sure if you reviewed past threads you will find exactly how they explained this meteoric rise in price was to ocurr. Now, by their own definition, an accounting of O/S has come to past without the expected result. What does logic tell them? That UCAD's rise in price was the evidence? That the SEC, DTC, CMKX, UCAD, and MM's made a deal? That the fact that it didn't should be ignored, and it will happen. If it existed should not the UCAD dividend exposed it? Can anyone answer that question?

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Penny-Trader
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so after a whole day no one can tell me how issuing dividends from a company not making money is a good thing.

all i got was naked short theories.

so i still have to continue with my feeling that this is not a viable thing for a company to do. it makes no sense other then to trick people into buying more shares. and that is the only thing that makes sense they have 300 billion more shares to sell. so you have to make it look attractive somehow.

lets face it how do you convince people to lock into a stock that you cant buy unless you pay .0003 and will not sell unless you list it for .0001?
you give them shares that are worth 10% of their shares and they can only recoup 50% less their trading cost if they want out.

that is a hell of a deal for Casavant. lol

this isn't investing this is entrapment. kinda like sticking you male member in a pickle slicer and hoping for the best!! either way you are guaranteed one thing. your going to come up short. lol


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will
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Wow penny! Kind of drastic there, man.
I think the naked short theory has been thoroughly proven to be a myth.
Keep in mind there is more than the GEMM dividend attached to CMKX, you have to adjust your 10% upwards. How much, I don't know, and I refuse to calcualte it. LOL!
I said from the end of last month I will give it until the end of October, because some folks that are heavily invested in CMKX really are convinced by then we will be happily surprised and rewarded.

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WinsumLosesum
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quote:
Originally posted by penny-trader:
so after a whole day no one can tell me how issuing dividends from a company not making money is a good thing.
all i got was naked short theories.

Did you miss these?

highwaychild
Member posted October 16, 2004 12:59            
------------------------------------------------------------------------
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.

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WinsumLosesum
Member posted October 16, 2004 13:00            
------------------------------------------------------------------------

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


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Penny-Trader
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I'm not overly concerned as i have no money invested the way i see it. I had 5 million shares from .0001 and sold off 3 million at .0008
so i turned 300 dollars into 2400 dollars and kept 2 million shares.

i don't mind the free dividends either but i just don't understand why I am getting these from a company that is not making any money. I can see them buying into other companies for the rights to other claims, but i don't understand them giving them away again.

so my 2 million shares will sit in my account and either make me some money years down the road maybe or i will die with them in my account as they will not be worth the commission to sell them.

ill treat them as a lottery ticket. as that is about the chances i see in them making me anymore cash.

thanks for the past gains CMKX you have been my biggest percentage gainer ever.

Rod


quote:
Originally posted by will:
Wow penny! Kind of drastic there, man.
I think the naked short theory has been thoroughly proven to be a myth.
Keep in mind there is more than the GEMM dividend attached to CMKX, you have to adjust your 10% upwards. How much, I don't know, and I refuse to calcualte it. LOL!
I said from the end of last month I will give it until the end of October, because some folks that are heavily invested in CMKX really are convinced by then we will be happily surprised and rewarded.


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Penny-Trader
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yes I seen them but they did not answer my question. they just posed a couple more theories

quote:
Originally posted by WinsumLosesum:
Did you miss these?

highwaychild
Member posted October 16, 2004 12:59            



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will
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"STOCK dividends are paid by a company that may be divesting into other companies to correct an incredibly complex and adverse market situation."

What would that market situation be? We know it isn't a NSS. Proven not to exist by virtue of the UCAD restricted dividend.


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WinsumLosesum
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quote:
Originally posted by penny-trader:
yes I seen them but they did not answer my question. they just posed a couple more theories


What did you expect? All we HAVE are theories right now. And theories ARE possible answers, aren't they?


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WinsumLosesum
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quote:
Originally posted by will:

What would that market situation be? We know it isn't a NSS. Proven not to exist by virtue of the UCAD restricted dividend.


Is it possible UC said that he would accept UN-restricted shares from the MMs for HIS new 300 billion shares? And THAT's the UCAD that they were buying this past week?


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Penny-Trader
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hey show me an example of another company that places dividends in the hands of the investors when they have no income.

then i will consider the theory.

I figure this big lawyer Glen is only there to advise UC on how to get out of his mess with out going to jail.

>THIS IS ONLY MY OPINION<

quote:
Originally posted by WinsumLosesum:
What did you expect? All we HAVE are theories right now. And theories ARE possible answers, aren't they?


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GatorMan
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quote:
Originally posted by penny-trader:
yes I seen them but they did not answer my question. they just posed a couple more theories


Are you really expecting one of us to give you a definitive answer? Only Urban and his confidants can give you that. All anyone here can do is offer theories.

------------------
~,-,-< GatorMan


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ed19363
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Will, you are right about one thing...this board can be more entertaining than some three-ring circuses I've been to....just so we dont get stepped on by the elephant !!!
quote:
Originally posted by will:
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.



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will
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I doubt it very much. See that's the type answer you get when one of these fantastic theories fail. Some type of situation that is remotely possible and not customary. Do you really think companies negotiate with regulatory agencies, and market makers routiniely. This is the only stock in the history of mankind that do all these fantastic negotiations. Things like that happen all the time, right! I'm sorry, it is just too much to ask me to believe.

quote:
Originally posted by WinsumLosesum:
Is it possible UC said that he would accept UN-restricted shares from the MMs for HIS new 300 billion shares? And THAT's the UCAD that they were buying this past week?


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will
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What does "get stepped on by the elephant" mean? There is some type of consequence, penalty for expressing an opinion? ed, seriously if it disturbs you to read this thread, then why do it?
What are you telling us? We shouldn't question fantastic claims regarding the future of CMKX? We shouldn't look at this thing from a realist point of view?
I for one believe folks have a responsiblity here, when someone reads one of these fantastic theories, they just might buy into that nonsense, and throw money or more money away. The faithful usually say things like, "and I'm still buying as long as this is on sale". I've seen it said at .0005, .0004, .0003, and .0002. I think to offer a sober real side of this is healthy. I also think asking question, whether they are rhetorical or can be answered, allows peoeple to examine the situation a little more closely before getting in deeper based on hopes pumped by someone covering their collective investment asses.

quote:
Originally posted by ed19363:
Will, you are right about one thing...this board can be more entertaining than some three-ring circuses I've been to....just so we dont get stepped on by the elephant !!!


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ed19363
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Never mind, will....no need to get testy...I just hope CMKX pans out.
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will
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No one is getting testy.
Seems to me we were told :
"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..."
"Will, you are right about one thing...this board can be more entertaining than some three-ring circuses I've been to....just so we dont get stepped on by the elephant !!!"
After the first quip I offered an explanation that it just might be entertainment for some of us, then you three ring circused me. Think you were being the wiseguy. Why not let people have fun. I didn't appreciate subtly being to told to shut up.

quote:
Originally posted by ed19363:
Never mind, will....no need to get testy...I just hope CMKX pans out.


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Penny-Trader
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we havent gotten testy yet. you where the one that refered to us as a 3 ring circus.
funny how you can make statements like that and then you make a statement like this when asked to explain yourself.

I hope to win the lottery to one day but i know that that is not likely to happen.

i also hope that CMKX is going to pan out but i do look at this like a lottery as well and realise that it is quite likely not going to give us a payday.

quote:
Originally posted by ed19363:
Never mind, will....no need to get testy...I just hope CMKX pans out.


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Highwaychild
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'A diamond in the rough'.The Science Channel has a show on diamonds on right now.Pretty good stuff.
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Wallace#1
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Will wrote:

I will give it until the end of October
-------------------------------------------

Will - Don't you think that new div date gives the pumpers another way to speculate about all the events and facts? I do!!

Cannot imagine what it must be like being stepped on by an elephant. LOL I was charged by an elephant in Africa and almost shiit my pants when it got about 10 feet from our vehicle. Feels like Jurasic Park with Rex chasing you. Couldn't even get my camera in focus to take a picture of that "bull" elephant. Do have one of him before he charged.


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will
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Wallace, I don't think the new dividend pay date of Nov 30, gives them and extension on their outlandish claims. The reason I site end of October as the deadline, drop dead date, is because of the Vegas blowout. That topogigo guy at the races told me, "you wait, buddy, wait till the end of October, you'll see", and that self proclaimed minister, elcamino, told me, "I can't tell you what they got, but they got"! He was also alluding to the end of October for shareholders to be rewarded. I will say this for him, he indicated that the real value here was in future royalties, generation money, he said. I don't know if that meant enough money for generations to live off of, or it will take genrations to get to my grandson. Also posters that used to post here referenced the rekoning to be by the end of October.
However, you're right the dividend pay date being out another six weeks will allow them to move that holy target again.

quote:
Originally posted by Wallace#1:
Will wrote:

I will give it until the end of October



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will
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I missed most of it, child, but thanks. The last part I saw was the guy regretting he didn't buy more shares. LOL! I ain't gonna do it. That was real past tense, this is fictional future tense. Show me the diamonds, and I will apologize for ever doubting these people, till then it is a fiction story.
The science channel will repeat the show probably, I'll look for it again.
I just checked it's on again at 10 PM my time, CDST.

quote:
Originally posted by highwaychild:
'A diamond in the rough'.The Science Channel has a show on diamonds on right now.Pretty good stuff.

[This message has been edited by will (edited October 16, 2004).]

[This message has been edited by will (edited October 16, 2004).]


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Highwaychild
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This is the basis of the documentary "Diamonds in the Rough,"
http://members.fcc.net/krajick/

And yea Will,it is on again here in about 15 mins.


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will
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Gonna watch it child, thanks for highlighting it for us. I bookmarked that page too, I'll read it later.
Maybe I'll get diamond fever if I watch this show.
quote:
Originally posted by highwaychild:
This is the basis of the documentary "Diamonds in the Rough,"
http://members.fcc.net/krajick/

And yea Will,it is on again here in about 15 mins.



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tigertony
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Now that was good info.Thanks interesting and good show.I will send a copy to CMKX might help.LOL Good Luck
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tradingpennys
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quote:
Originally posted by penny-trader:
i figure that what is happening here with CMKX and the dividends is that they are buying inflated priced shares, and giving them to share holders as restricted shares. in doing so they are liquidating the cash that we gave them. convincing us to hold the shares by giving us the shares. that once they are unrestricted they wont be worth anything.

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.

if they where to throw the same amount of money at drilling and exploration on the land that we already have the rights to, then they might actually make money. Somethign is wrong with the whole idea of this company. why spend money when we are not making money?

think about it.

if my theory is right this is one brilliant scam. way to go Casavant.


That would be!! Holy Socks!


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glfpimp
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Just found out some information, thought I would share it with you guys. Every year, there are about 8-9 billion dollars worth of diamonds recovered....TOTAL-between all companies. So, just think about what these means for CMKX stock-what they would need to do to make this thing extremely valuable.
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shadow
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Watched a story last night on the Science Channel
regarding Diamond Mining in Canada.

It was a very interesting story about a guy name ?fifke? who was racing Debeers to find
a diamondiferous Kimberlite deposit in the
North West Territories in Canada.

It showed how he did his research and came to the conclusions he did... and most importantly how he conducted tests...

Eventually he found the mother-load... It
took 15 years to find and get the mine into
production... It is now producing $1M+ a day
in diamonds... and is run by ETAKI, fifke and
his partner are each 10% owners in the mine.

The differences I saw in what Fifke was doing and CMKX
is that he was constantly testing samples.
He did not have a lot of money so he created
new methods to sample.

This is a guy we should try to contact to
get his thoughts about our area and the 1.4Million acres of claims.

He is now worth $100M+ and spending more time
with his family. (according to the documentary.)

He did all of his analysis without drilling
a single hole but by surface samples.

The other interesting item was in the
early 90's before the big production plant was built they had some magnetic imaging done. There were only 2 anomolies on the
results... A large pipe (which is where they
mined) and a smaller pipe to the south east.

If Urban's imaging is correct and there are
300 anomolies in the small area that was surveyed this could be significant.

The Etaki mine was estimated at 60 Billion,
producing almost 1/2 Billion a year.


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WWJD-thru-me
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Hi Everyone, This is from another board. It is Golden's post to the MM's. -Debi

This post is for the Market Maker . . . I come to you as a friend, because hey, lets face it . . . right now you could use one. A friend is a person who helps you see the wise choice in a situation, rather than the hustle that may help you just "get over".

Your in a bit of a situation right now, probably bigger than you thought. Unfortunately . . . up until just recently, you did not understand that something like this could ever happen to you. You have seen this situation a thousand times before and know the ins and out. Youve got backing . . . Major backing, and the big money isnt gonna let anything happen to you. Besides what "pink sheet" company is going to have the time or the resources to even begin to play by the rules of your game . . . Well, you see the answer to that one so we will move on.

Up until now you have been the King of the Hill, Top Dog . . . The Big kid on the Block . . . that is, Up Until Now. ALL PENNIES HAD TO BOW TO YOUR GREATNESS . . . that is UP UNTIL NOW.

CMKX threw you a curve ball and you werent ready for it. You want to swing now, but its a little too late. Its actually been a little too late, its just now you are starting to see that your about to be taken out of the game, so you are worried, maybe even a little desperate.

Your first intincts might be to ralley your cohorts . . . You might think "hey, we can figure this out, weve had tough times before". Well . . . probably not this time.

Believe me when I say that there are A LOT of people that would LOVE to see you be destroyed by your actions, and in all fairness, you would deserve what you recieved. Well, not me. You have one resource left . . . and its a major one. Im trying to help you play your last card accordingly so that your arrogance and ignorance do not bury you completely. I fear self destruction may be the path you would take as destruction is all you know. You treat others based on how you feel about yourself, so you must not know your value enough to save it, so let me help.

The only way to really be free from a wrong is to make it right. Call it karma, God . . .whatever you like. As you give, so shall you recieve . . . you can never escape that rule of the Universe. Believe me, I have tried.

As you face this situation, you may think you will be able to find a way out. However, we can see that your past judgement has not been so good as you are in the situation that you are in now. If your vision was so keen then you would have made better choices sooner. . . you have not.

So . . . here is my suggestion, you can take it or leave it. I have no real preference what you do, I feel in the end you will end up paying anyhow. I am only sharing what I see to be the wisest option. I said you had one resource and believe that to be true . . . your resource is money.

Cover . . . and Cover NOW, do not let it get any worse on yourselves. You have not called the game right up until this point and there is no reason to believe you will be able to start now. Yes it will cost you a lot of money. . . Yes you will be accountable for your actions. . . but you will survive it to play the game another day.(not by the same rules and hopefully learning from your mistakes) Making the choices you have made up until now, I cannot say with confidence that you will survive.

Now you may be afraid of the reprocussions of your actions and I feel for you. You see I had to learn, much like you, that people arent something you harm to make a profit. People are not dissposable. Peoples hopes and dreams are deep inner parts of them, that when damaged by what you have done, can be hurt for a very long time . . . perhaps even ruined. Unfortunatly you are about to feel that pain multiplied many times over because now the burden is yours to carry.

As you sit at your desk, look around you. You may have your coffee cup at hands length, perhaps your telephone, pictures of your kids or girlfriend. Look at the computer you take for granted and the long walk to the water cooler that you are able to take . . . and appreciate them because they are about to go away.

Do you think the bigshots that you work for give a damn about you? Im sorry, you have been mislead. Your freedom is about to be taken away from you if you play this game any further and I am begging you to understand this for your own good.

There is too much momentum behind this group. There is too much Love, Unity, Intelligence, Drive, Determination and LIGHT to stop this wave. The walls WILL come crashing down and there is only one way to lessen the blow. . . Use your only weapon, your only resource that you still have that will work in your favor . . . COVER NOW.

If you are a master at what you do then you will know when you have lost . . . KNOW.

The time is now to cover because it only gets worse from here. The people have spoken and you have had your day . . . your time is up, you had a good run but its now time to pay the piper. Im sorry it has come to this, but it was of your own doing. Save yourself and the dignity that you still have and do the right thing . . . you will be glad you did.

TEAM CMKX . . . YOU ROCK!!!!
golden

------------------
29,000 Children die of starvation every day...but not on a day of hope....Visit the CMKX Day of Hope website to learn more and to make the CMKX day of hope a reality.


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WWJD-thru-me
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Bob, The website I am talking about here is for the purpose of CMKX shareholders sponsoring children through World Vision and isn't a stock board. -Debi


Hi CMKX friends and family, I hope you will stop by the CMKX Day of Hope Board.

The CMKX Day of Hope is my dream to get 29,000 'Hope Child' kids from World Vision sponsored by CMKX shareholders. It has not yet been approved or disapproved by CMKX in any official way. I am hoping that Urban will respond officially and get behind this dream.

World Vision was one of the leading voices crying out for justice for those who were harmed by 'conflict diamonds'. When CMKX announced they were going to laser inscribe their Canadian diamonds, I already owned the stock. But I bought more. My thought at the time was God was going to bless this effort. I thought it would be poetic justice if the beneficiary of most of my gain from CMKX, went to World Vision who raised the world's awareness of those most hurt by the 'blood diamond' trade.

The number 29,000 is symbolic. I picked it because that is the number of children who die every day from starvation or hunger related diseases. It doesn't seem possible in our world of plenty that a child could die from not having enough nutritious food. But it happens all the time. Children die from diseases caused by drinking water with parasites and bacteria. For lack of simple vitamins, children go blind shortly after birth. More lose their lives for want of a vaccination. For $30 a month we can sponsor a child and help both them and their community get out of poverty forever.

Please use the special link for CMKX shareholders on the site to sponsor a World Vision Child. The transaction will be handled by World Vision and will be secure. World Vision has the highest standards of Financial Accountability and there is a seperate thread on the Day of Hope board for you to learn about it.

Personal Disclosure - I get a small honorarium from World Vision in my work with them. It has always been less than the cost of the children I have sponsored through them. I think I am running about a 90% loss ratio in what I receive versus what I give. The ratio may change but I hope to always be giving more to World Vision financially than I receive.

Sponsoring children is my life long passion and my motivation is love not money. Sincerest Thanks to all my fellow CMKX shareholders who can get behind this dream and I wish for you the best in your dreams too. -Debi Here is the link:
http://CMKXDayofHope.********s37.com


The Day of Hope board will help you learn about how AIDS is wiping out many communities accross the world and leaving millions of children orphaned with no one to care for them. I will attempt to communicate to you there how World Vision works to help these children and their communities through Child Sponsorship during your visit.


**IMPORTANT**

**If you should decide to sponsor a 'Hope Child' through World Vision please use the special link that is on the CMKXdayofhope home page that says in white Sponsor a child through World Vision by clicking here. Or the Sponsor a child through World Vision that is in white at the bottom of many pages. Or use this link:
http://tinyurl.com/656cl

That way we will have an accurate count of how many children CMKX shareholders have sponsored as a group since that board started.**

There is a thread there with excellent information on how World Vision handles money. They put out an annual report with audited financials. I have to love that! Thanks again.


Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
netsec
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"...I didn't appreciate subtly being to told to shut up."

What hypocrisy...a quote from Will the other day.

"Now get your mouth shut, quiet yourself, and move on, pal."

Sad.


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will
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That wasn't subtle. You deserved it.

quote:
Originally posted by netsec:
"...I didn't appreciate subtly being to told to shut up."

What hypocrisy...a quote from Will the other day.

"Now get your mouth shut, quiet yourself, and move on, pal."

Sad.



Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
Binky
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[QUOTE]Originally posted by shadow:
[B]Watched a story last night on the Science Channel
regarding Diamond Mining in Canada.

It was a very interesting story about a guy name ?fifke? who was racing Debeers to find
a diamondiferous Kimberlite deposit in the
North West Territories in Canada.
==========================================

You can check out current projects by Mr. Fipke here
http://www.cdnx.com/LCDB/LCDBSearch.asp?sPersonName=fipke&sType4=S&sMode=S&sBasketId=&Go%21.x=20&Go%21.y=11.

GLTA Binky


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Penny-Trader
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no offence but if i want to sponcer a child i will do it under my own name not under a company's name and let them get a big tax credit. Besides that if this company turns out to be a scam (not saying that it will or wont) the money donates to this cause will do nothing for your investment.

lets worry about getting the company to concentrate on getting their core sampling going. they already are throwing enough money into the wind now.

JMHO


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Highwaychild
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That was a good show last night.I liked the race for the staking of the mineral rights by helicopter.And the science behind the final sifting process.And the one ingredient of the final process Mr. Fipke wouldn't show the camera was interesting to me as well.Here was the prologue to the book 'Barron Lands' by Kevin Krajick about Mr. Fipke... http://members.fcc.net/krajick/prologue.htm

[This message has been edited by highwaychild (edited October 17, 2004).]


Posts: 2634 | From: The highway | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
will
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Pretty good show. The guy was really determined. Took him 20 years running around nowhere Canada hammering rocks and sifting sand.
He should have realized there was an easier way. Buy a shell, stake some claims, and have a printing press.


Regarding the child sponsorship. I'm not going to go there. I know you were just kidding. Everyone has their way of doing good. No harm in anyone asking people to help. If you're inclined to donate, fine. If not, no harm, no foul. No need for me to be negative with someone trying to good, and help the unfortunate. Contrary to popular belief I do have compassion. I just don't have patience for fanatical people with outlandish claims and theories.

quote:
Originally posted by highwaychild:
Hey Will,I'm a highwaychild.Would you sponsor me?

That was a good show last night.I liked the race for the staking of the mineral rights by helicopter.And the science behind the final sifting process.And the one ingredient of the final process Mr. Fipke wouldn't show the camera was interesting to me as well.Here was the prologue to the book 'Barron Lands' by Kevin Krajick about Mr. Fipke... http://members.fcc.net/krajick/prologue.htm



Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
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