posted
I know someone that has had a sell order in for 3 months now for .0002. Why are you so special that you are the only one able to sell at .0002. Just curious.
Ric
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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quote:Originally posted by Wallace#1: legaleagle: The company never announced that anything would come out at the party.
Wallace#1: I seem to recall that both Glenn and UC were supposed to make statements. We do know they said they could say nothing.
Your suppositions do not amount to a PR or a company statement. As I said, it was shareholder rumor.
I will have to wait on an interpreter to answer the second half of that sentence.
legaleagle: CMKX is still delivering on the most recent promises of becoming fully reporting.
Wallace#1: Agree with Will's post above. Besides, as I previously stated, a 12 year old kid who can add or subtract could have figured out an accurate report.
I think a 12 year old kid could also explain to you that an attorney who is being paid is still doing what he promised to do publicly. And if that atorney is not being paid, he will also announce publicly that he is no longer pursuing the goals he stated.
legaleagle: He is trying to win a major battle with a corrupt and financially powerful opponent.
Wallace#1: Where's your proof for any part of the above statement? IMO, IMO, IMO, BS!!!!!
The extensive number of companies on the current SHO lists should be enough proof of that. Or:
In comments to the U.S. Securities and Exchange Commission, C. Austin Burrell, who is providing litigation support and research for the law firms, said that StockGate is more massive than anyone may have imagined. "Illegal Naked Short Selling has stripped hundreds of billions, if not TRILLIONS, of dollars from American investors," and have resulted in over 7,000 public companies having been "shorted out of existence over the past six years." Burrell said some experts believe as much as $1 trillion to $3 trillion has been lost to this practice. [/b]
[ January 16, 2005, 23:39: Message edited by: legaleagle ]
Posts: 2375 | Registered: Nov 2004
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Nasdaq could face severe difficulties meeting its obligation to report on all reporting Pink Sheet companies, given the complete lack of information and transparency on that trading venue. For example, CMKM Diamonds Inc. (CMKX), a Pink Sheet company with an estimated 800 billion shares outstanding, is a reporting company under SEC rules. The company has refused to tell even its shareholders how many shares are outstanding and has told its transfer agent not to share that information. As it stands, it will be impossible for Nasdaq to calculate whether CMKM meets the threshold as defined by Reg SHO
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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How many people have been sucked into buying CMKX by avid promoters such as yourself now and under another name? You admit you are a novice, you tried to come on as some kind of legal expert or lawyer and you state nothing that has any factual merit.
When are you going to realize that that horse's tail you are hanging on to is covering a big piece of sh:t about to be revealed?
I sure do wish I could find something of merit in what you post, but that is impossible! You have your mind closed.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
Still, what does that have to do with CMKX. With as big of O/S as they have, how could they be shorted. It makes no since to short something that has this many shares. And the article is not directed to CMKX either just a article on naked shorting in general. You need to dry up the O/S, well float before you need to short and how is it possible with a stock that has more shares then the majority of Nasdaq companies combined. Every investor in the United States would have to have millions of shares of this stock before you would even need to short it.
legaleagle:
In comments to the U.S. Securities and Exchange Commission, C. Austin Burrell, who is providing litigation support and research for the law firms, said that StockGate is more massive than anyone may have imagined. "Illegal Naked Short Selling has stripped hundreds of billions, if not TRILLIONS, of dollars from American investors," and have resulted in over 7,000 public companies having been "shorted out of existence over the past six years." Burrell said some experts believe as much as $1 trillion to $3 trillion has been lost to this practice.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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How many people have been sucked into buying CMKX by avid promoters such as yourself now and under another name? You admit you are a novice, you tried to come on as some kind of legal expert or lawyer and you state nothing that has any factual merit.
When are you going to realize that that horse's tail you are hanging on to is covering a big piece of sh:t about to be revealed?
I sure do wish I could find something of merit in what you post, but that is impossible! You have your mind closed.
Those comments were well supported with DD and excellent research, Wallace1. Just as most of your comments to this board about CMKX.
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by Ric: Still, what does that have to do with CMKX. With as big of O/S as they have, how could they be shorted. It makes no since to short something that has this many shares. And the article is not directed to CMKX either just a article on naked shorting in general. You need to dry up the O/S, well float before you need to short and how is it possible with a stock that has more shares then the majority of Nasdaq companies combined. Every investor in the United States would have to have millions of shares of this stock before you would even need to short it.
legaleagle:
In comments to the U.S. Securities and Exchange Commission, C. Austin Burrell, who is providing litigation support and research for the law firms, said that StockGate is more massive than anyone may have imagined. "Illegal Naked Short Selling has stripped hundreds of billions, if not TRILLIONS, of dollars from American investors," and have resulted in over 7,000 public companies having been "shorted out of existence over the past six years." Burrell said some experts believe as much as $1 trillion to $3 trillion has been lost to this practice.
Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same. But ask someone for proof before you buy into that supposition.
While they may try to point to the divy distribution ratios, remember that the divys haven't even been distributed yet. Only "markers" have.
Posts: 2375 | Registered: Nov 2004
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posted
I know the difference between O/S and A/S. And I did my DD. I am very good at research and if you read the Dow Jones article above, I would believe there guess over someones on this board. I am very good at TA and FA.
from above article:
For example, CMKM Diamonds Inc. (CMKX), a Pink Sheet company with an estimated 800 billion shares outstanding,
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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quote:Originally posted by Wallace#1: legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Posts: 2375 | Registered: Nov 2004
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I got a good read out of it. ------------------------------------------------------------------ Even Dow Jones don't know what CMKXs o/s is.LOL (an "estimated" 800 billion shares outstanding)
Is o/s and a/s about like the difference between reported and purported?
Posts: 2634 | From: The highway | Registered: Feb 2004
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quote:Originally posted by Ric: I know the difference between O/S and A/S. And I did my DD. I am very good at research and if you read the Dow Jones article above, I would believe there guess over someones on this board. I am very good at TA and FA.
from above article:
For example, CMKM Diamonds Inc. (CMKX), a Pink Sheet company with an estimated 800 billion shares outstanding,
Ric, if you are going to believe that article over other posters here, then you would have to believe the part about CMKX being "a reporting company"
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by ghosty: Do people still hold this? LOL. I almost got into this last year.
How ironic I'm coming up on my tax break. Hold on CMKX...Don't run till Uncle Sam says so!!!
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
legaleagle, you know as well as I, that the dividends confirm the Authorized, Issued, Outstanding in relationship to the total Authorized of CMKX. You seem to be very blind to that fact. How can you continue making your delusive statements?
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
I agree, the best source guess is 800 billion but still a guess. So why come in here and pump this stock and maybe draw a new investor into a stock where the company refuses to tell even the SEC what its share count is. If they refuse to tell then the worst would be the best guess. Companies that hide information from the stockholders don't deserve our respect or new people drawn in on there misgivings. You don't withhold facts unless they are bad.
You are the one coming in and pumping a naked shorting therory when you have no proof what so ever in the hopes you can get enough people to buy this so you can sell it. And thats the truth.
quote:Originally posted by legaleagle:
quote:Originally posted by Wallace#1: legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Wallace1,the same way that you continue to ignore my request for evidence of your position on this stock.
Posts: 2375 | Registered: Nov 2004
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posted
Yea,the dividends may or may not be set(who knows with CMKX) ,but CMKX sure seems to through around that olde "buyback" word around sometimes in pr's.Like the last one.
Posts: 2634 | From: The highway | Registered: Feb 2004
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quote:Originally posted by Ric: I agree, the best source guess is 800 billion but still a guess. So why come in here and pump this stock and maybe draw a new investor into a stock where the company refuses to tell even the SEC what its share count is. If they refuse to tell then the worst would be the best guess. Companies that hide information from the stockholders don't deserve our respect or new people drawn in on there misgivings. You don't withhold facts unless they are bad.
You are the one coming in and pumping a naked shorting therory when you have no proof what so ever in the hopes you can get enough people to buy this so you can sell it. And thats the truth.
quote:Originally posted by legaleagle:
quote:Originally posted by Wallace#1: legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory. I did bring evidence of a serious problem with naked shorting in the industry, suggesting that Roger Glenn is dealing with that situation. However, I also posted that we don't know yet which is true. And we won't until we get a report from the company. However for those who want to call this stock a POS, please consider their extensive involvement with USCA, which is, or was under SEC investigation, and which is deeply into their evaluation. It has been a couple of months now, don't you think the SEC would have shut them both down if CMKX was a scam?
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by Wallace#1: They sure do, highway, and you don't know what they have been doing with those shares either. As I once stated, Treasury Shares (what you are referring to as "buyback") are still Authorized and Issued shares....they are just no longer Outstanding but the company can do so in any way THEY see fit.
quote:Originally posted by Wallace#1: legaleagle, you know as well as I, that the dividends confirm the Authorized, Issued, Outstanding in relationship to the total Authorized of CMKX. You seem to be very blind to that fact. How can you continue making your delusive statements?
So let me see, you say it, therefore it is fact. As I have stated, the "dividends" have not been distributed, only markers. Care to honor us with a reason why not? Other than "I said so."
Posts: 2375 | Registered: Nov 2004
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posted
ok you know ONLY time will tell who is right and wrong on this dont you agree?
so maybe wallace and eagle should make a bet or say gentlemens agreement on this
whoever is wrong when the time comes and truth is out...publicy announces on this board they are a Sh** bag and have horrible DD, with opiniona worthing nothing
Posts: 6949 | Registered: Apr 2004
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posted
"I did bring evidence of a serious problem with naked shorting in the industry,"
INDUSTRY ain't CMKX, pal.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
CMKX IS shut down in Canada. it is a POS that is why the trading restrictions have not been lifted in the last 3 months.
you have been duped out of your money but you dont want to admit it yet, i can understand that, but you really should not be pushing this as a good stock and that people should buy in. this is it the most your stocks are going to be worth.
the only way out of this mess for Urban now will be the reverse split of the century. so in which case this would be a stockplay of the century except not for the investor.
God really looked after this one now didnt he.
quote:Originally posted by legaleagle:
quote:Originally posted by Ric: I agree, the best source guess is 800 billion but still a guess. So why come in here and pump this stock and maybe draw a new investor into a stock where the company refuses to tell even the SEC what its share count is. If they refuse to tell then the worst would be the best guess. Companies that hide information from the stockholders don't deserve our respect or new people drawn in on there misgivings. You don't withhold facts unless they are bad.
You are the one coming in and pumping a naked shorting therory when you have no proof what so ever in the hopes you can get enough people to buy this so you can sell it. And thats the truth.
quote:Originally posted by legaleagle:
quote:Originally posted by Wallace#1: legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory. I did bring evidence of a serious problem with naked shorting in the industry, suggesting that Roger Glenn is dealing with that situation. However, I also posted that we don't know yet which is true. And we won't until we get a report from the company. However for those who want to call this stock a POS, please consider their extensive involvement with USCA, which is, or was under SEC investigation, and which is deeply into their evaluation. It has been a couple of months now, don't you think the SEC would have shut them both down if CMKX was a scam?
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Penny Trader said: "CMKX IS shut down in Canada. it is a POS that is why the trading restrictions have not been lifted in the last 3 months."
CMKX is shut down in one province, Saskatchewan, for charges of unlicensed sales of stock by three individuals; and making unsubstantiated claims concerning the stock. NOTE: This is a complaint, not a conviction. Why haven't the other provinces shut down trading. Why hasn't the SEC launched an investigation of CMKX based on those charges. Could it be that there is no merit to the case? Could it be that Roger is considering it no more than a nuisance? Could it be that the impending filing has the answers to the Sask questions and that Roger is not going to make a public record concerning the company until he is ready to file?
Come on Penny Trader you can do better than that.
Posts: 2375 | Registered: Nov 2004
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posted
P-T, Didn't make any money on CMKX so you blame God?LOL I think God made the diamonds,not the diamond mining companies. God also gave man free will to hit the buy/sell button.LOL
[ January 17, 2005, 12:23: Message edited by: Highwaychild ]
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
Legaleagle, you mentioned markers above. Exactly what is your understanding of the word "marker" as it applies to CMKX and the USCA dividend shares? Please explain in your usual lengthy manner.
PS: You wrote: "Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory."
Strange you would say the above, since many of us remember otherwise.
"whoever is wrong when the time comes and truth is out...publicy announces on this board they are a Sh** bag and have horrible DD, with opiniona worthing nothing "
I would be happy to say I was wrong or mistaken. Don't plan on doing the "Sh**bag" scene. LOL
By the way, it appears that most of the "truth is out", so get ready to do your thing. LOL
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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quote:Originally posted by Wallace#1: Legaleagle, you mentioned markers above. Exactly what is your understanding of the word "marker" as it applies to CMKX and the USCA dividend shares? Please explain in your usual lengthy manner.
PS: You wrote: "Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory."
Strange you would say the above, since many of us remember otherwise.
Some have called them "phantom" shares, others call them markers. If your prefer, perhaps "promissory note" would be a better description. Whatever the definition, they aren't real shares, and the brokerages are threatening to remove them if they don't get certs soon.
Posts: 2375 | Registered: Nov 2004
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"whoever is wrong when the time comes and truth is out...publicy announces on this board they are a Sh** bag and have horrible DD, with opiniona worthing nothing "
I would be happy to say I was wrong or mistaken. Don't plan on doing the "Sh**bag" scene. LOL
By the way, it appears that most of the "truth is out", so get ready to do your thing. LOL
Quite the contrary, the truth is about to come out, so get ready to do your thing. NOT LOL.
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