posted
truth is cmkx may own those claims, too many companies involved not to. but first they have to find a place to bulk sample & thats a yr at least off. next hope the bulk sample says its worth mining, 2 to 3 yrs off. build a mine & produce the goods, 4 to 5 yrs off. am i wrong in this??? look at shore golds time frame from start to where they are now & they aren't sure its worth mining yet. their pps is $2.70 or so with a few hundred million shares. cmkx has 780 billion shares according to 3 dividends & an 800 billion a/s. there isn't enough diamonds in canada to help that pps not without reducing the o/s to 1 billion or less. lets go big & say 5 billion o/s. we won't even start on the cost to get to selling diamonds. the o/s of cmkx kills the stock period no matter what they find in the ground.
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quote:Originally posted by Esteban: [QUOTE]Originally posted by Upside: [b]originally posted by dwman: Just might have to take you up on that as I'm converging on a new back yard drill site. Using the latest magnetic resonating technology, I tied a huge, powerful magnet to my dogs collar and sent him out to pace the back yard. After about 10 minutes his head was pulled to the ground with such force it almost knocked him out and the magnetic signature was so strong he couldn't free himself, he was stuck. Looks like a huge pipe to me! Here there be kimberlite!
Hey Upside, why don't you consider naming your new find CAROLYN PIPE #2. Just cause her husband is giving us a royal screwing doesn't mean we loose respect for his wife. Steve
posted
"KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"
ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
quote:Originally posted by will: "KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"
ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
Great post Will, I shall print it out and hang it above my monitor. Steve
quote:Originally posted by Upside: originally posted by legaleagle: Here's a link to CIMs current list of officers. No Emmerson Koch. Type in "Casavant" then click the middle selection (CIM) then click on "view selection. http://sos.state.nv.us/corpsrch.asp
[This message has been edited by Upside (edited December 04, 2004).]
Upside, I am sure you know that the Nevada SOS site is rarely up to date. I guess we have to leave this one until Monday morning when they can be contacted directly.
However, my link to the information was "Stock Patrol", the flagship of "basher" media. Surely you don't think for one minute that they didn't check their information and sources before going to print do you?
Note that in Canada, holding companies incorporate under numbers and name. As posted:
Thus (number) Saskatchewan Ltd. are various holdings each identified by a different number. These are filed by an attorney for the company in order to maintain privacy of the identity of the owner. This is essential in negotiations and filings, and are found frequently for companies dealing in natural resources; oil and gas, minerals, etc. It is sort of like if John Doe comes and offers to purchase your home, vs. McDonalds approaching you to buy your home. Chances are you would set a much higher price for the latter.
If CMKX is negotiating and filing in a diamond rich environment, they do not want to announce to the world what they are doing, and who they are. Makes "red flags" go up prematurely.
So they approach an attorney, who forms a holding company such as 1023456 Saskatchewan Ltd. and purchase the mineral rights. On the second deal they use a different number 1367478 Saskatchewan Ltd., and so on.
Now if this is the case that CIM, CMKX or USCA want to purchase mineral rights they may appear as any differnt numbers of Saskatchewan Ltd.
That being said, if everything is legitimate we should find an address for an attorney being used for these deals. Lets try: 350 Langdon Crescent, the address listed for Emerson Koch and our holdings, and we get:
So you say we can't prove ownership by CMKX or it's JVs. You are right, after all, that was the way they planned it.
However, if they didn't really own all of those mineral rights don't you think that maybe someone would object to their claims. Say someone like DeBeers.
quote:Originally posted by will: "KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"
ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
posted
Duh! I know they were a worthless divy. To have more I would have had to spent more. There is nothing free with these thieves. It was a bone for the foolish to speculate with, a worthless bone.
quote:Originally posted by legaleagle: Uhhh it was free shares.
posted
CIM is IMO the dark horse here but as with everything in cmkx it has a hook. its restricted. cmkx's o/s is stupid. there is nothing that can make it run. when it ran in april nobody had a clue about the o/s, in 2003 it was hundreds of millions. chances are it was also naked shorted & thus needed covering. add to that a .0001 to .0002 pps & with the hype ppl were buying 10 milion at a time. today we know the o/s is hundreds of billions so nobody but the foolish are buying 10's of millions at a time. if someone bought 1 billion shares it wouldn't move more then .0001. thus CIM. the divy had to be cut in half by the split number results, 4 divy numbers & its twice 3 of them. its the only realistic answer. if cmkx ever finds something worth mining it can be folded into CIM & go from hundreds of billions to 10's of billions of shares. still not good but better. but unless it gets unrestricted by the company in a way that we don't get charged its still worthless
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posted
So, if I understand you correctly, you are saying it is worthless, and you would only want more if they were ABSOLUTELY FREE.
quote:Originally posted by bill1352: CIM is IMO the dark horse here but as with everything in cmkx it has a hook. its restricted. cmkx's o/s is stupid. there is nothing that can make it run. when it ran in april nobody had a clue about the o/s, in 2003 it was hundreds of millions. chances are it was also naked shorted & thus needed covering. add to that a .0001 to .0002 pps & with the hype ppl were buying 10 milion at a time. today we know the o/s is hundreds of billions so nobody but the foolish are buying 10's of millions at a time. if someone bought 1 billion shares it wouldn't move more then .0001. thus CIM. the divy had to be cut in half by the split number results, 4 divy numbers & its twice 3 of them. its the only realistic answer. if cmkx ever finds something worth mining it can be folded into CIM & go from hundreds of billions to 10's of billions of shares. still not good but better. but unless it gets unrestricted by the company in a way that we don't get charged its still worthless
posted
What if they go public?As many eyes that are on CMKX and the other companies...could get interesting. That is, if they have a good reason to go public.
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quote:Originally posted by will: So, if I understand you correctly, you are saying it is worthless, and you would only want more if they were ABSOLUTELY FREE.
How would anyone know if any of these company or divy shares are worthless. We have no "proof", either way. CMKX and Roger Glenn have the answers, and they are not telling us yet. I strongly suspect there is good reason for that.
Yes, I know, "they're not telling us because "they are all a bunch of crooks".
Well that answer would require that Roger Glenn, is now complicit in a crime. That he has sacrificed his career, his reputation, and that of his company.
It would require that the attorney in Saskatchewan who was creating our "******* Saskatchewan Ltd. holdings was complicit and sacrificing his reputation and career.
It is estimated that there are 45-70,000 sharholders watching every move this company and law firm makes. If this company folds up it's tents and goes away, there will be a "hue and cry" sweep across this country, unequaled since Enron, and maybe exceed it. Glenn knew this going in. His research department knew every aspect of this company and its stock before the senior partners sat around that oak table. And viewing the research, they decided that this was a good case to involve themselves in.
I am sure you will say they only got into it to get a big retainer fee. Well, it doesn't work that way. No company with the reputation, assets and income of Edwards & Angell will place themselves at public risk for a fee.
Right now, IMO, Roger Glenn is facing challenges from the SEC, DTCC, the power and weight of the MM's who are "naked" on this one. He is defending on challenges from the Sask Commission, and still trying to finish up the USCA case with the SEC, and get them back up to OTCBB or higher, while still preparing to get CMKX reporting and on a higer board. He is being bombarded by shareholders calling his office and e-mailing him with demands on this stock and the timing that they want to see. Well, too bad, he will move when the time is right and not before. You see those who are questioning his strategy are not professionals, he is.
Because of the public interest in this stock, he must ultimately answer, either to us or Federal investigators. This cannot just slip away into the darkness of night. There will be an answer. The only question now is, will you be patient enough to see that answer? Will you be a professional investor or an amateur clamoring for answers when you want them instead of when the time is right? Who can sell at .0001 or .0002, when there is so much potential for owning a piece of what could be, and what appears to be taking shape, a Precious Metals Empire.
You can bash the company day and night, but the fact remains that you still do not have any hard evidence of any wrongdoing by this company in it's current position. Because like those who are 'long', we don't have any evidence either, because the company hasn't announced anything yet.
I know, "BUT WE HAVE AN OS OF 800 BILLION". I have heard that over and over here. But the fact remains that you do not know that. You base that on the 'divy' ratios reported by the OTCBB. Has anything been "normal" about the divy distribution and rates reported by the OTCBB? Where is the second distribution of GEMM? Why does the distribution ratio of CIM indicate that there is 1.5 trillion shares outstanding? If you believe that that distribution rate is correct, then you have to admit to a naked short of at least 700 billion. You can't selectively choose the ratios offered by the OTCBB, and say there is my proof of an 800 billion OS. Urban Casavant stated in one of the divy PRs that he wanted "every shareholder" to get a divy. That means even the naked shorted shareholders were to receive a dividend. So, that being a fact, we still cannot use OTCBB numbers as a basis for establishing the true "float".
You see, the divy confusion results from the number of shareholders out there. That is why you are only seeing "markers" placed in your accounts. They don't have enough dividends to go around.
It was all part of Roger Glenn's plan to trap "shorty", IMO, whether that be MM or 'hedge fund'. They are trapped. And the only way to see the whole thing play out is to wait.
All of the crying shareholders, all of the bashers trying to instill panic, fear and worthlessness in this stock will not hasten that conclusion. We have a professional at the helm, and this ship is nearing port. All of the above, in my humble opinion.
[This message has been edited by legaleagle (edited December 05, 2004).]
StockGate: SEC Paper Presented at SIA Symposium Calls Counterfeiting 'Pervasive'
Nov 29, 2004 (financialwire.net via COMTEX) -- (FinancialWire) The recent Securities Industry of America symposium on Regulation SHO, which was supposed to curtail illegal naked short selling, only further deepened the U.S. Securities and Exchange Commission divide as a dramatic ' some say startling ' new 22-page working paper, "Strategic Delivery Failures in U.S. Equity Markets," was published.
Moderators at the symposium included Steven Kessler, Associate General Counsel for Goldman Sachs & Co. (GS), and Deborah Mittelman, Deputy Director of Global Compliance for Reuters' (RTRSY) Instinet. Panelists included Jeffrey Bernstein, Senior Managing Director of Bear Stearns (BSC), and Robert O'Connor, Executive Director of the Law Department for Morgan Stanley (MWD).
The referenced working paper by University of New Mexico Professor Leslie Boni was initiated while the author was visiting financial economist at the SEC.
She termed the "failures to deliver," which litigants have called "counterfeiting," as being "pervasive."
Dave Patch, editor of "Stockgate Today," credited the SEC with "putting members on notice that the settlement failure issues presently floating in the markets must be changed."
Patch quoted Boni as noting that "strategic failures" occur "when the short sellers choose not to deliver shares that would be too expensive to borrow". Her analysis of Regulation SHO was that, "pre-Regulation SHO, equity and options market makers strategically failed to deliver shares that were expensive to borrow or impossible to borrow".
Boni said "strategic fails (i.e. naked short sales) likely accounted for a higher percentage of short interest pre-Regulation SHO than previously understood".
The professor said that a whopping 42% of listed stocks at the New York Stock Exchange, NASDAQ and AMEX, and 47% of unlisted stocks in the OTCBB and Pink Sheets had persistent fails of 5 days or more with 4% being above the SEC's threshold limits for failures.
posted
Here's an offer over at ********s 32 for those of you who seriously want out:
DiamondDiver Dr. Of Diamonds
member is online
Gender: Posts: 197 200 more dollars for your CMKX Shares « Thread started on: Today at 2:23pm »
-------------------------------------------------------------------------------- than the market makers will give for 5,000,000 shares of CMKX. Perferable someone with an Ameritrade Account.
I will give you a total of $700.00 for 5,000,000 CMKX shares.
Also, would like to purchase a Casavant diamond for my lovely wife, does anyone know if this is possible?
quote:Originally posted by highwaychild: I wish it all the companies would go CIM somehow.It would make everything ALOT simpler to follow.LOL
Now that's downright laughable and a bit pathetic. Got burned? How do you figure that unless someone bought much higher. I sure haven't gotten burned. Also, if your really believe that cmkx will go belly up then how do you justify that thought. You don't have anymore information than the rest of us. Seems to me you would be wiser to hold these kinds of statements until this thing plays out in a filing or bankrupt. I am underwhelmed by your bashing talents, osnap. jmo.
posted
Sorry highwaychild. Once again I quoted the wrong person. That was meant for osnap. See, I have an excuse... I am one of those dim wits osnap talks about.
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You mean the non-existant company that was suppose to go public in 2003? CMI CIM whats the difference its all BULLSH1T...
You kidz got burned ... enjoy!! =)
Now that's downright laughable and a bit pathetic. Got burned? How do you figure that unless someone bought much higher. I sure haven't gotten burned. Also, if your really believe that cmkx will go belly up then how do you justify that thought. You don't have anymore information than the rest of us. Seems to me you would be wiser to hold these kinds of statements until this thing plays out in a filing or bankrupt. I am underwhelmed by your bashing talents, osnap. jmo.
posted
The Casavants set up holding companies who inturn posess the claim numbers above. Owned by the Casavant family. It is under the names of holding companies.
What they did is take their family claims and rolled it over into a company called CMKX.
Urban has a vote The Casavants have a vote collectively Majority Shareholders have a vote.
Thus it is impossible unless a riff between the casavants to take over the company. Even if you become a majority shareholder you only have one vote with Casavants holding the other two.
What is also neat about the setup is the claims themselves cannot be used to settle debt in case of a bankruptcy. It is cool how they protected the rights for the Casavant family.
posted
Or there may be only one share of preferred stock that is voting stock. And that one belongs to Urban. Everyone else may only own non voting common stock. Again we won't know anything until we are reporting. And then I suspect we won't know "everything". Diamond mining can be "cut throat". Gotta hold your cards close to the vest.
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Before people start with the "then just sell your shares and leave us alone" comments....Its ok to feel fustrated with a stock. Doesnt mean Im willing to sell, yet. Though I did add to my shares when the CMKX was .0004, So I could sell those claim the loss then buy them back Jan 1st at .0002.
Anyways the point is, for the past 3 years ALOT of promises have been made from urban. Not all pinks act this way.
posted
By: cmkx_enuff_is_enuff 04 Dec 2004, 10:25 AM EST Msg. 708583 of 708615 Jump to msg. # Roger Glenn recieved this email from a Shareholder Group:
Mr. R. Glenn,
As promised in Tuesday's email. Our group has initiated a "sell off" at .0001 of roughly 16 Billion Shares. We have sold 1.6 Billion CMKX shares so far at .0001 which is roughly 10% of our holdings. We are only "Routing Threw NITE, JEFF, SCHB & CRWN". We will continue to "Route Threw NITE, JEFF, SCHB & CRWN"" until all 16 Billion shares are exhausted.
As Promised, the continued lies and no news from "All" CEO's involved have forced a "Large" shareholder group to take action on behalf of all CMKX shareholders. We are currently working with other CMKX shareholder groups to route only threw "NITE, JEFF, SCHB & CRWN".
When all of the lies Urban, Rendal, Ed and Melvin told us never came true, As a group we decided that it was time to take action. Today, December 3, 2004 The CMKX shareholders are supplying the "Request" of the Sask. Financial Services Commission and the U.S.A. Security Exchange Commission Enforcement agency with "Information they requested" from shareholders.
Here are just a few of the Lies we were told by Urban, Rendal, Ed, and Melvin repeatedly. Shareholders were told 5 months ago "Core samples due out Friday" still no results. We were told the O/S would be PR'ed 9 Months ago...still no o/s. We were told a CMKX Filing for OTCBB months ago, we are still a "Non reporting pink sheet stock. Urban told us CMKX would be $3 a share very soon, 6 months ago. We were told 100 times Urban was retiring shares yet he increased the a/s to 800 Billion shares so far. Ed Dhonau told us Cash dividend on Monday "5 months ago". Rendal Williams got us shareholders to buy UCAD because it was going to $25 then 3 for 1 split then run it up again, end result, USCA was halted, then once halt was lifted Ed Dhonau sold 200K at $4.10 and now the stock is $2 a share.
It looks really good when a "New Exploration" Company trying to raise money has it's CEO's Bailing left and right, before and after a SEC halt.
We as shareholders have had enough of the Race cars, Race Bikes, Lies of o/s, Lies of Filings, Lies of Cash dividends, Lies of Share Retirement and tired of watching our CEO's bail with {Millions of Dollars} of our Money.
We are Certain that the Sask. SEC and U.S.A. SEC can ensure us shareholders are treated fairly.
We gave our word that "No Action" on the companies part by Wednesday December 3,2004 then Shareholders would act on our own behalf. Too bad it had to come to this. I expect Massive selling off followed by 14 Class action Law suits from our various groups against "All" CEO's involved next week.
Over the next week we will continue Selling at .0001 and routing threw "NITE, JEFF, SCHB & CRWN". Today Shareholders have begun Mailing back there CIM, CMKX & UCAD Certificates.
**All we ever asked of Urban was Audited Financials and an O/S. Nothing more.
posted
Your post is a little dated ohsnap, so here is a reply from ******** 32 that's a little dated.
planefun God of Diamonds
member is offline
UC, wake me up when you are ready to PR BIG NEWS
Gender: Posts: 829 Re: Angry Shareholders Help Covering + Lose in pro « Reply #10 on: Dec 5th, 2004, 08:17am »
-------------------------------------------------------------------------------- on Dec 5th, 2004, 02:13am, nicolasraage wrote:I dont necessarily disagree with him being upset at the info not given to us as promised. I think the lawsuit threat is a bit premature, and rediculous.
The funny thing is, if we do get a pr now, he will think it is because of his letter.
Well, boys and girls, not only is the lawsuit threat ridiculous ("14 class-action lawsuits") ---- sorry, IF there were to be ANY .... the judge would throw out 13 of them and consolidate all "claims" into just 1 class-action lawsuit, so, IMO, the "Angry Shareholder Group" would be wasting lawyer's fees filing separate class-action lawsuits...... but I guess the "author" of this so-called email/letter to RG isn't smart enough to figure that out for himself....
..... oh, I forgot, "they" have 16 billion shares to sell at .0001 "threw" NITE, JEFF, CRWN, etc. .... so they must have the money ......
oh, wait, they're "supposed" to be dumping 1.6 billion shares at .0001 every day for the next 10 trading days starting "Wednesday, Dec. 3" ......
well, Wed. was Dec. 1 (not the 3rd) ---- Friday was Dec. 3, however, none of the past 3 trading days had transaction volume at .0001 anywhere near approaching a billion shares .... it was more like a hundred million shares traded at .0001 (at most).... at that rate, the "Angry Shareholder Group" would need about 160 trading days (i.e., 8 months) to "dump" their 16 billion shares at .0001 ......
yeah, right ......... it ain't happening boys and girls
the whole letter is a hoax, just like the "stolen" Carolyn report ..... ROFLMAO .... I have to admit these folks are getting more and more "creative" all the time .....
BUT NOBODY BELIEVES ANY OF THE CRAP-OLA ! ! !
IMO, the real entertainment starts very soon ..... just you wait ...... after CMKX announces their filing, valuation, share structure, and begins PR'ing their drilling results, and much more ...... we'll all be giddy ..... just like kids at Christmas
posted
Seems like some folks just don't have the patience to sit through the quiet period. Dec 15th will be my 1 year of waiting. Wouldn't want anything to happen until then that would cause me to stay in the higher tax bracket. Cat's gotta come out of the bag sometime.
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quote:Originally posted by will: "KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"
ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
you didn't mention burning up your money with race cars instead of drilling with it. i mentioned before that i used to drag race in my youth (60s) and it was expensive THEN. anyone who didn't get their basis back out when they could is learning a tough lesson. this has never been a real company. if they were they would report to their shareholders. it has been a story laden lesson that if it sounds too good to be true, it usually is.
posted
ya got more guts then i do dw...i hope its money you can lose or it pays off for ya. i sold everything but 62,000 today at .0001. i only kept that so i can post in here & not feel guilty about posting on somthing i didn't own. if the day ever arrives that it looks like they might get honest & forthcoming with their business deals i'll jump back in but i'm not holding my breath
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posted
i put $1,011 in & got $197 back...lol. at least at a casino i would have seen a bunch of short skirts & low cut tops....lol but then casino's dont give you bedtime stories like zen, dr.d & sterling
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posted
Upside Member posted December 06, 2004 17:29 -------------------------------------------------------------------------------- Yeah, you've been here long enough to waive the requirements. You'll be grandfathered in. ===============================
Bill - wouldn't have bothered me if you sold it all! Never a need to feel guilty if you have an opinion about a stock but do not own it. The sages on WS do it all the time.
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