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Yeah, I got mine yesterday too...problem is they are restricted shares, and who knows if they will be worth .0001 by the time the restriction is lifted. Ed
quote:Originally posted by TruthTeller: At least I got the 3-1 split for my UCAD/USCA divvy on Ameritrade.
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First it needs to be trading again, then we have that $250 fee (?!?!?) and then the restriction has to be lifted. Sounds too easy
quote:Originally posted by ed19363: Yeah, I got mine yesterday too...problem is they are restricted shares, and who knows if they will be worth .0001 by the time the restriction is lifted. Ed
quote:Originally posted by TruthTeller: First it needs to be trading again, then we have that $250 fee (?!?!?) and then the restriction has to be lifted. Sounds too easy
I think that "fee" in all actuality is the immediate tax that is all due and payable when the shares become UNrestricted.
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IN THE MATTER OF THE SECURITIES ACT, 1988, S. S. 1988, c. S-42.2 AND IN THE MATTER OF URBAN ARMAND JOSEPH CASAVANT DAVID DeSORMEAU CASAVANT MINING KIMBERLITE INTERNATIONAL CMKM DIAMONDS, INC. MELVIN A. O'NEIL EXTENDING ORDER (Section 134) WHEREAS the Saskatchewan Financial Services Commission, Securities Division issued a Temporary Order dated October 26, 2004 (the "Temporary Order") pursuant to clause 134(1)(d) of The Securities Act, 1988, S.S. 1988, c. S-42.2 (the "Act") that trading in securities in Saskatchewan by Urban Armand Joseph Casavant ("Casavant"), David DeSormeau ("DeSormeau"), Casavant Mining Kimberlite International ("CMKI"), CMKM Diamonds, Inc. ("CMKM") and Melvin A. O'Neil ("O'Neil"), (collectively the "Respondents"); cease forthwith up to and including November 9, 2004 and that pursuant to clause 134(1)(a) of the Act that the exemptions contained in sections 38, 39, 39.1, 81, 82, and 102 of the Act and the exemptions contained in The Securities Regulations, R.R.S., c. S-42.2 Reg 1, which provide for exemptions from the requirements of sections 27, 58, 71, or 104 to 109 of the Act, shall not apply forthwith up to and including November 9, 2004 with respect to any trade in securities by the Respondents; AND WHEREAS the Commission has not received a request from the Respondents for a hearing pursuant to the terms of the Temporary Order; AND WHEREAS the Commission has not been provided with satisfactory information with respect to this matter; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order; THE COMMISSION HEREBY ORDERS pursuant to subsection 134(3) of the Act that the Temporary Order be and is hereby extended until the Commission is provided with satisfactory information to enable it to make a further order in this matter. DATED at Regina, Saskatchewan on November 9, 2004. "David Wild" David Wild, Chairperson Saskatchewan Financial Services Commission
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quote:Originally posted by Binky: IN THE MATTER OF THE SECURITIES ACT, 1988, S. S. 1988, c. S-42.2 AND IN THE MATTER OF URBAN ARMAND JOSEPH CASAVANT DAVID DeSORMEAU CASAVANT MINING KIMBERLITE INTERNATIONAL CMKM DIAMONDS, INC. MELVIN A. O'NEIL EXTENDING ORDER (Section 134) WHEREAS the Saskatchewan Financial Services Commission, Securities Division issued a Temporary Order dated October 26, 2004 (the "Temporary Order") pursuant to clause 134(1)(d) of The Securities Act, 1988, S.S. 1988, c. S-42.2 (the "Act") that trading in securities in Saskatchewan by Urban Armand Joseph Casavant ("Casavant"), David DeSormeau ("DeSormeau"), Casavant Mining Kimberlite International ("CMKI"), CMKM Diamonds, Inc. ("CMKM") and Melvin A. O'Neil ("O'Neil"), (collectively the "Respondents"); cease forthwith up to and including November 9, 2004 and that pursuant to clause 134(1)(a) of the Act that the exemptions contained in sections 38, 39, 39.1, 81, 82, and 102 of the Act and the exemptions contained in The Securities Regulations, R.R.S., c. S-42.2 Reg 1, which provide for exemptions from the requirements of sections 27, 58, 71, or 104 to 109 of the Act, shall not apply forthwith up to and including November 9, 2004 with respect to any trade in securities by the Respondents; AND WHEREAS the Commission has not received a request from the Respondents for a hearing pursuant to the terms of the Temporary Order; AND WHEREAS the Commission has not been provided with satisfactory information with respect to this matter; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order; THE COMMISSION HEREBY ORDERS pursuant to subsection 134(3) of the Act that the Temporary Order be and is hereby extended until the Commission is provided with satisfactory information to enable it to make a further order in this matter. DATED at Regina, Saskatchewan on November 9, 2004. "David Wild" David Wild, Chairperson Saskatchewan Financial Services Commission
Thank You Binky
------------------ 78.23% of all statistics are made up on the spot...The other 35% are made up later on.
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AND WHEREAS the Commission has not received a request from the Respondents for a hearing pursuant to the terms of the Temporary Order; AND WHEREAS the Commission has not been provided with satisfactory information with respect to this matter; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order; THE COMMISSION HEREBY ORDERS pursuant to subsection 134(3) of the Act that the Temporary Order be and is hereby extended until the Commission is provided with satisfactory information to enable it to make a further order in this matter. ------------------------------------------ Kinda have this feeling that CMKM may not trade in Sask. anymore.
[This message has been edited by Binky (edited November 09, 2004).]
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my shares are up there to trading. must be moveing from just over .0001 to just below .0002. they might go if ucad gets off the trading halt tomorrow. if not i might try .00015, not sure if ameritrade will take that request.
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Doesn't look like it is getting any better does it? Let's put on a party and invite UC, DeSormeau, Melvin, Williams and Dhonau to it...sort of private like, you know.
They won't have to worry about any so-called "gag order". I wonder if that gag order is just another excuse. Anyone see any reason for there to be a gag order...from a legal point of view? Certainly the release from the Canadian authorities made no mention of said gag order.
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They are gaging alright from all the BS that they have dished out. They will gag even more when they get to the big house. Taking up a collection for them, I am going to buy them some soap without a rope.
------------------ "If We Agree To Disagree, Then We Can Remain friends"
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Oh I don't know about that Wallace. If they came to a party we held for them they just might have to worry about a "gag order", of a different kind though. And to answer your question about a legal gag order, no, I see no mention of one from the Canadian authorities nor from the SEC. My hunch is that shareholders came up with that and now the companies are perpetuating it.
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quote:Originally posted by Upside: Oh I don't know about that Wallace. If they came to a party we held for them they just might have to worry about a "gag order", of a different kind though. And to answer your question about a legal gag order, no, I see no mention of one from the Canadian authorities nor from the SEC. My hunch is that shareholders came up with that and now the companies are perpetuating it.
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Safeguard, Zoomingstocks is operated by ElCamino of Paltalk fame. A huge longtime CMKX shareholder. Take a look at their current stockpicks. Nice and non-biased.
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This is the quiet period they were talking about in late August. Now they have good reason to shut the f... up. Keeps their asses out of jail a bit longer. They better pray for these thieves.
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I want to see what the next pr will say. I mean do you guys really think they would even show up in Vegas and show their faces if this was going down? I am still holding, can't go much lower. I still think something will happen, time will tell. Until this thing gets cleared, there is nothing we can say, just our opinions. Give it time people, we can speculate all we can, say this and that, but give it time. I think some just like to type all day and have nothing better to do.
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Brilliant, hopeful, speculation. Give it time everything will be ok. Who would dare show their face at a party with this going down? They had no idea this would be the state of affairs when they planned it. To not show at all would have been more foolish. Nothing was going to happen to them for showing up. That's a pretty weak arguement you have.
quote:Originally posted by CHIMAN34: I want to see what the next pr will say. I mean do you guys really think they would even show up in Vegas and show their faces if this was going down? I am still holding, can't go much lower. I still think something will happen, time will tell. Until this thing gets cleared, there is nothing we can say, just our opinions. Give it time people, we can speculate all we can, say this and that, but give it time. I think some just like to type all day and have nothing better to do.
[This message has been edited by will (edited November 09, 2004).]
[This message has been edited by will (edited November 09, 2004).]
quote:Originally posted by Upside: originally posted by CHIMAN34: I can't speak for others but in my case, you've pretty much hit the nail on the head!
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Not that I really want to be involved in this thread, but I was just wondering if the skeptics on this thread are going to apologize if you are wrong about this stock and it does turn out to be the play of the century and you talked people into selling? (costing them a lot of money?) Just curious Do your own DD!!!
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I will be glad to apologize, means I would have made money. However, all the signs are pointing to the con job of the century right now. You can pray and hope all you want, a con is a con, and a cheat is a cheat. Things are looking more like bad than good. The three CMKX clowns are restricted from buying or selling any stock, and UCAD was halted. Not looking like the play of the century. Suspension of UCAD was extended also. LOOKS GREAT, NOT!
quote:Originally posted by Cortney: Not that I really want to be involved in this thread, but I was just wondering if the skeptics on this thread are going to apologize if you are wrong about this stock and it does turn out to be the play of the century and you talked people into selling? (costing them a lot of money?) Just curious Do your own DD!!!
quote:Not that I really want to be involved in this thread, but I was just wondering if the skeptics on this thread are going to apologize if you are wrong about this stock and it does turn out to be the play of the century and you talked people into selling? (costing them a lot of money?) Just curious Do your own DD!!!
Absolutely! I hope I am wrong as I'm a shareholder too. I'm not above eating a big slice of humble pie. Not gonna happen though.
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"and it does turn out to be the play of the century and you talked people into selling? (costing them a lot of money?) Just curious Do your own DD!!!"
I'm curious about your logic. You accuse skeptics of talking people into selling, and then advise them to do their own DD. Which is it, should they listen to others or do their own work?
..and if it turns out to be a bust should those that touted this stock appolgize to the sheep that followed them too?