posted
I don't know if these people understand the magnitude of a billion. To give it a little perspective look at it this way:
If these shares were printing one at a time one per second it would take 11.5 days to print a million. To print a billion it would take 32 years. To print 703 billion it would take 22,496 years.
Now does that help anyone understand the magnitude of 703 billion O/S?
-------------------- 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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"If these shares were printing one at a time one per second"
-------------------- 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
Just trying to make it clear how large a number 703 billion is. For those that haven't or can't get their mind around the enormity of the O/S.
quote:Originally posted by Upside: So.
-------------------- 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
You may as well give up on Legal....if this guy isnt a paid pumper, then paid pumpers dont exist. I just wish he would take his bull**** elsewhere, I'm getting sick of reading his theories.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
ed...i just want the rights to their kool-aide...lol
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
I like that he is here. Gives me a chance to see just how desparate people can get. I love reading that tripe. LOL
quote:Originally posted by ed19363: You may as well give up on Legal....if this guy isnt a paid pumper, then paid pumpers dont exist. I just wish he would take his bull**** elsewhere, I'm getting sick of reading his theories.
-------------------- 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
Come on, you guys! Give legal a break! He just walked the beat too long and his brains went to his feet and burned out from the hot pavement or maybe he forgot to wear his uniform hat and they got cooked. LOL No offense, legal. j/k
PS: Shsssssss! Can you hear it? sizzle, sizzle, sizzle
The Security and Exchange Commission has temporarily suspended trading on shares of CMKM Diamonds, Inc., also known as Casavant Mining Kimberlite International, Inc. The SEC temporarily suspended trading because of questions that have been raised about the adequacy of publicly available information concerning CMKM Diamonds' assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management.
Casavant Mining (CMKX) sponsors CMKXtreme Machines and the Funny Cars of Jim Dunn and Jeff Arend, the Pro Stock Bike of Connie Cohen and the Ford Speed Truck of Lee Hatch. *****At the recent Winternationals one CMKXtreme drag team member told the Agent that a few other team members, who originally received shares of the CMKM penny stock, had recently returned their shares in lieu of the current cash equivalent value.*****
No word yet from any drag teams on how this suspension of trading may effect their racing plans. (Jeff Burk photo) [3-4-2005]"
Posts: 81 | From: St Louis MO | Registered: Aug 2004
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"At the recent Winternationals one CMKXtreme drag team member told the Agent that a few other team members, who originally received shares of the CMKM penny stock, had recently returned their shares in lieu of the current cash equivalent value."
Mighty interesting!!! Wonder what the cash value was? And who authorized "giving" them the stock in the first place and how many shares? Where did they come from.....Treasury or Authorized and Unissued? And just to support UC's hobby? Geeeessssuuusss Chrrryyyyyyssssstttt! What hasn't that clown pulled to date?
Thanks for the heads up!
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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Mighty interesting!!! Wonder what the cash value was? And who authorized "giving" them the stock in the first place and how many shares? Where did they come from.....Treasury or Authorized and Unissued? And just to support UC's hobby? Geeeessssuuusss Chrrryyyyyyssssstttt! What hasn't that clown pulled to date?
Thanks for the heads up!
I think UC got a tad skeered that these guys might beat the helloutta him for offering a worthless stock in lieu of pay, aye? Funny it happened JUST 3 weeks before the BIG news!
Oh, and by the way, even though the term "owner" was mentioned at NHRA.com, no one at CMKXtreme will actually admit it's the truth. I think someone's in deep s**t for letting that out! Us drag racers don't miss much Posts: 81 | From: St Louis MO | Registered: Aug 2004
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posted
Man!!! That SOB isn't going to be able to show his face anywhere soon without getting a mob attack. LOL Serves him right!
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
They sure didn't miss much in the following qualifications in the Forward Looking Statement:
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the temporary halt in trading on CMKX's stock price; impact of the halt on CMKX's operations; uncertain further regulatory scrutiny; the current state of operations; unavailability of documentation and corporate records; changes in the number of outstanding shares of common stock and number of stockholders of record; the impact of failing to meet the 60-day filing requirement; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE: CMKM Diamonds Inc.
CMKM Diamonds Inc. Andrew Hill, 306-752-3755 or 877-752-3755 cmkxir@mail.casavantmining.com ***********************************
A good number of those qualifications exist right now! By the way, the above came from CMKX's most recent release.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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Suspended CMKM Diamonds Comments, Brings in Robert Maheu, Rumors of Tender Offer (financialwire.net via COMTEX) -- March 7, 2005 (FinancialWire) CMKM Diamonds Inc. (OTC: CMKX) commented on the 10-day suspension in the trading of it stock and revealed that it had hired former Robert Maheu, formerly in charge of the Howard Hughes empire when the latter was alive and considered the world's richest man, to assist the company in its compliance efforts.
There is also an unconfirmed rumor that the company, which claims only 2,000 shareholders and which observers believe believe may have more than 67,000 shareholders holding "nakedly short," or counterfeit shares, could have a cash tender offer possibly engineered by Maheu before the suspension ends.
At $0.01, or $350 billion, observers believe such a tender could bankrupt the market as the 2,000 real shareholders force a buy-in.
The company said its temporary suspension will expire on March 16 at 11:59 p.m. EST and trading in CMKX is anticipated to resume on March 17, 2005, adding:
In its reasoning, the SEC stated it had concerns over the adequacy of publicly available information concerning CMKX's assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management. Further, the SEC was concerned that CMKX may have unjustifiably relied on a Form S-8, filed in May 2003, to issue unrestricted securities and that CMKX and/or certain of its stockholders may have unjustifiably relied on Rule 144(k) of the 33 Act in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act.
CMKX has been in discussions with the SEC in relation to the SEC's inquiry into another public company that has done business with CMKX. In this process, CMKX has provided the SEC with substantial documentation, much of which spans back to transactions and stock issuances in 2002. It is believed some of the information provided raised concerns with the SEC sufficient enough to cause this temporary suspension of trading. CMKX anticipates a formal request for documents to be issued by the SEC in the near future.
"The SEC did not provide us with any notice of the temporary trading halt," stated Urban Casavant, CEO of CMKX. "This was an unwelcome surprise, especially since our counsel has had ongoing dialogue with the SEC."
According to the SEC's Web site, www.sec.gov , "The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." Consistent with this mission, Casavant specifically engaged Maheu to assist CMKX in its compliance efforts. "Like the SEC, protecting our investors is a primary concern. We have been aggressively gathering the essential information needed to comply with our public disclosure obligations and anticipate working with the SEC to ensure our compliance with all federal regulations," stated Maheu, co-chairman of CMKX.
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," stated Maheu. CMKX is continuing to search for additional property claims in Canada and monitor its holdings in Ecuador.
On Feb. 17, 2005, CMKX filed an amended Form 15 to reinstate its reporting obligations under the 34 Act. SEC regulations require CMKX to file, within 60 days after the date of the filing of the amended Form 15, all reports which would have been required had the original Form 15 not been filed. CMKX has not been provided a waiver, "variance" or any other relief by the SEC for complying with the 60-day requirement. In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60-day requirement. Management does not believe the filing of the amended Form 15 had anything to do with the SEC's decision to temporarily suspend trading in its common stock and continues to aggressively do everything within its power to comply with its 34 Act reporting requirements.
With its reporting status reinstated, CMKX anticipates filing a number of significant corporate updates with the SEC in the upcoming weeks on Form 8-K. Investors and stockholders are encouraged to review these forms as they become available through the SEC's EDGAR database.
The SEC's Web site further discloses, "The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it." Casavant reiterated, "We understand the importance of supplying accurate information to the public and have made it our top priority to uncompromisingly disclose all material corporate information as soon as it becomes available."
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). In addition, effective March 1, 2005, CMKX has relocated its executive office address to 5375 Procyon St., Suite 101, Las Vegas, NV. Lastly, CMKX's current officer is Urban Casavant (CEO/President/Secretary/Treasurer) and current directors are Urban Casavant and Robert A. Maheu (Michael Williams will join the board of directors upon CMKX's obtainment of D&O insurance).
Investors and stockholders are being asked to please refrain from contacting the company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing the tasks at hand. All corporate updates will be made in press releases and filed in current reports on Form 8-K as they become available.
CMKX also said it would like to repeat the SEC's statement of, "At the heart of effective investor protection is an educated and careful investor" and encourage its stockholders and other investors to visit the SEC's Web site, which it said offers the public a wealth of educational information.
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp
posted
.01???? I would sell at .01 in .0001 of a second.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
"There is also an unconfirmed rumor that the company, which claims only 2,000 shareholders and which observers believe believe may have more than 67,000 shareholders holding "nakedly short," or counterfeit shares, could have a cash tender offer possibly engineered by Maheu before the suspension ends."
Unconfirmed rumor? Good job Agent 1320!!!!!
Posts: 81 | From: St Louis MO | Registered: Aug 2004
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Surprised someone (such as my friend Will) hasn't yet basterdized (I know how to spell it) your ID to "Dustmop". LOL Hope I am not starting something.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
THE NEWS STORY IS APPARENTLY A FAKE AND A PLAGIARISM. COPY AND PASTE OF THE "BUSINESS WIRE" STORY OF MARCH 4, WITH A NEW LEAD PARAGRAPH ATTACHED.
posted
My wife had to fly back East to North Carolina sunday on a family matter.Sooooo..she won't be able to influence me in a charitable way. I tried to explain to her that gentleman was quite a stretch around Wall Street !!!!!.Go figguurr she ain't a hearr ebbbeer days.
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Dustoff101: WALLACE HENRY!!!!My post above was directed at you.!!!!!!
I know that!! With your wife gone, bet you are getting some lousy cooking. LOL
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
WALLACE HENRY???? AH HAHH You admit it!!! as far as eating. A fresh 6pound STEALHEAD TROUT for dinner!!.Barbacued in lots of butter and as much salt and pepper as I WANT.Can't leave out the beer ,cranking up the stereo and chasing the DAMN Cats out of the house.AH YES life is good.
Posts: 10729 | From: oregon | Registered: Feb 2005
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They can have all of mine right now for a penny, Oh yeah!!!!!! 
