posted
Aside from all the theories on the stock, take a closer look at the racing. This company that has no revenue has already announced the sponsorship of a second funny car($$$). They are supposed to "up" the program on the existing funny car($$$) and the motorcycle as well. Is investor money lining pockets and buying powerful advertising tools to lure new investors into the circle? Every race has had a "tent" offgrounds for shareholders and potential shareholders to hang out and become "part of the excitement!!" It will be interesting to see just what happens in Vegas.
Posts: 10 | From: Jacksonville,Fla. | Registered: Sep 2004
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posted
if roger is going to save UC's azz it just might be that they transfer all mining into CIM and make cmkx racing only & then if & when they find diamonds sell them to cmkx to be marketed. maybe thats why the increase in a/s just before the dividends, give cmkx some money to work with. the problem is that the only thing they have with any proven value is the new gold mine and even there we have no idea how it was paid for or how much which in itself is very wrong, any company that buys any kind of company also tells shareholders what it paid for it. time will tell and as i have no money i have lots of time...lol
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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You wrote: Where is CMKX listed ANYWHERE? Don't you know that they are going to list on the OTC-BB, the NASDAQ, the AMEX and the NYSE? Thought I heard all of that somewhere! LOL
As I seem to recall you work with IP. Remember I could not download pdf files? New neighbor just moved in who's email address includes MCP. He found the problem.
quote:Hey Up, As I seem to recall you work with IP. Remember I could not download pdf files? New neighbor just moved in who's email address includes MCP. He found the problem.
Got me a little confused here Wallace. I remember you having difficulty downloading pdf files but I don't know what you mean about IP and MCP. Help me out a little here.
posted
Someone previously asked me how a certain company got listed on the AMEX...I do not remember the name of the subject company. Requirements are as follows:
American Stock Exchange
Regular Financial Guidelines : The American Stock Exchange requires pre-tax income of $750,000 for most recent fiscal year or two out of the most three recent fiscal years, a market value of public float of $3 million, an initial minimum bid price of $3 and stockholder's equity of $4 million.
Alternate Financial Guidelines : A company has a market value of public float of $15 million, an initial minimum bid price of $3 and stockholder's equity of $4 million. The company must have a three-year operating history.
W's Note: Remember that "stockholder's equity of $4 million" must be a positive figure.
None of the companies involved with CMKX appear to meet any of the above standards.
quote:Originally posted by Upside: originally posted by Wallace #1: Got me a little confused here Wallace. I remember you having difficulty downloading pdf files but I don't know what you mean about IP and MCP. Help me out a little here.
IP = Information Processing MCP = Microsoft Professional
Maybe I am the one confused. Thought your background was IP.
posted
Nope, not me Wallace. I'm as low tech as they come. Part owner of a steel distribution business. We sell raw material to machine shops, tool & die companies, etc. Pretty much on the bottom of the technology food chain.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Hope you are beyond the foundry point. Saw a guy get cooked when he dumped red hot steel from the bucket of an overhead crane into a mold below...had water in it. Shot right back up at him...THE END.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
Yeah, well beyond that. The "catch phrase" for our business is steel service center. We inventory the steel in all of its various grades and shapes and sell them in either standard lengths or cut them to customer specifications. Not a glamorous business but a satisfying one.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
How are tool and die companies doing? That should be a good indicator as to where the economy is going. Yes?
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
Tool & die companies here (Racine, WI) are on an almighty roll right now but it has more to do with the economy of Racine as opposed to the nation. Racine was hit real hard over the last few years, losing quite a few major manufacturers and a ton of the small tool & die businesses that supported them. Now with a bit of a manufacturing resurgance, the ones that did survive have more work than they can handle. It's the same old cycle that happens here every 5 years or so. New ones will crop up, thrive for a while, then the next recession will take out the weak ones and the strong survive. I can tell you this though, my business is on the smaller side but we do mirror the national economy pretty closely. We are having the best year we've had in a long, long time. Steel was not the business you wanted to be in over the last few years. This year however, there has been a dramatic turnaround. As much as I hate to say this, it's almost like it was in the Clinton years.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
That sure sounds encouraging. Tells me we have to wait for the election to be decided and then the market goes up...probably, no matter who wins.
Wonder what CMKX will do. Frankly, I don't see much of a future for that company - but it sure is fascinating!
posted
Yea,I wonder too.from this PR I think I'll hang around a while...CMKM Diamonds, Inc. Announces Joint Venture on Uranium Claims Friday October 8, 9:30 am ET
LAS VEGAS--(BUSINESS WIRE)--Oct. 8, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) is pleased to announce it has reached an agreement with United Carina Resources Corp. - Uranium prices are booming, surging 80 per cent to more than $US18 a pound in the past 12 months in response to fears by nuclear power utilities about long-term supplies.
- Yellowcake prices were $7.10 US a pound in December 2000 but have risen steadily and recently surpassed $20 for the first time since 1984 - It got me wondering if Melvin really knew something when he said what CMKX was tring to do,he compared it to way back then,"kind of like making a bomb".
Posts: 2634 | From: The highway | Registered: Feb 2004
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Wow. I looked at the first formula after the first fill in box and knew it was way beyond me. Get past + or - and things start to get a little foggy with me!
quote:Originally posted by Wallace#1: tradingpennys,
You wrote: Where is CMKX listed ANYWHERE? Don't you know that they are going to list on the OTC-BB, the NASDAQ, the AMEX and the NYSE? Thought I heard all of that somewhere! LOL
$300/share loss really stinks!!!
LOL Brat! I meant that the MM's have to list what stocks they short.
posted
Moo thinks you doubters are full of cow pie. moo remembers how quickly he was bashed by so many waaaaaaay back when he brought up CMKX to allstocks message board. the tides have turned you BIT###S! MOOOO MOOO MOOO MOOO
Posts: 6949 | Registered: Apr 2004
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posted
CashCowMoo Member posted October 24, 2004 06:40 -------------------------------------------------------------------------------- Moo thinks you doubters are full of cow pie. moo remembers how quickly he was bashed by so many waaaaaaay back when he brought up CMKX to allstocks message board. the tides have turned you BIT###S! MOOOO MOOO MOOO MOOO ======================================
some of us just dont see the stock play of a lifetime or cmkx making us rich. some see a nice profit at some point. some of us see a company that had great potential but mismanagement killed most of that. some of us see a company more interested in race cars then mining diamonds. some of us see a company building a nice group of jv mining companies but know that a 779 billion o/s will kill most of the pps possibilities. some of us wish we had found allstocks & cmkx a month earlier so that the last pps run left us sitting on free shares with zero risk on the dang stock...lol
posted
I got tired of hype so I crunched some numbers for CMKX as a revenue generating company from our gold mine. Here is the work posted from another board.
quote: Look at these CMKX numbers
I was tired of the hype so I crunched some numbers together based on our gold mine output. Keep in mind I have no idea what it will produce from 80 tons of ore/day. I have read some scenarios.
Here are my numbers
[quote]
We could have 1000 shares instead of billions and still be at .0002 with no revenue. I don't see a need to be reporting until revenue exists.
Now with revenue coming then reporting could make a difference.
I dont really buy into all the numbers because revenue doesn't equal profit. If after all is said and done, we end up with 30 million profit, it will be a success. Plus you must remember it is divided by more than one company.
30 million profit should carry our exploration costs. I see the gold mine as a spring board to other things.
If they announce the OS at say 100 billion then 30 million in profits would move us to a legit .0003. That is with no pe multiple.
Look at a scenario that could be true
800 billion OS with 80 million profit = real value of .0001. That is EPS. With a multiple of 20 on the PE then a legit .002.
Since our admin costs are no where near that then most of the 80 million could be used for acquisitions, development, exploration, etc.
80 million could,
1. Get a zinc mine going. = more revenue.
2. Get the processing plant in Rachel going = more revenue.
3. Get uranium project going = more revenue.
4. Get diamond operation in South America stable = more revenue
5. Get a diamond mine in Canada up if we have diamonds.
Basically, the Gold revenue if it produces 80 million profit for our company should take us to .002 with max OS.
Let's say it is 40 million, then .001 , 10 million = .00025
I believe we are now ready for a rise. Thing is, revenue may not be reported for a quarter so it could be 3 months down the road.
I think we are home free if no unforseen circumstances. With real numbers and no hype.
_________________ God has a plan. He just hasn't issued a PR lately.
Posts: 279 | From: Neodesha Ks USA | Registered: Jun 2004
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quote:Originally posted by Upside: Nope, not me Wallace. I'm as low tech as they come. Part owner of a steel distribution business. We sell raw material to machine shops, tool & die companies, etc. Pretty much on the bottom of the technology food chain.
Upside, we should talk steel! We just left Carpentar Steel and are looking for another vendor.
Posts: 134 | From: charlotte | Registered: Jun 2004
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posted
Sure valves, we can talk about it. Many years ago we were an authorized Carpenter distributor until they pulled the plug on their whole distribution network. They are more into the specialty metals but depending on what you use, maybe we can do something. Wallace, we have independent reps. where we pay a 5% to 7% commission, depending on the margin. Good enough?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
UPMan, if I had Wallace's money, I'd burn mine. Give him 0% commission.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Got a better idea. I'll pay him in CMKX shares. That's pretty much the equivalent of nothing, right
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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