posted
Boised, forgive me sir (and I say sir because I have grown to like you ) but do we really want to judge people by their predictions being true? I sure hope not because in another life I was a weatherman. I like legal.
IP: Logged |
posted
dwman...a little horse sense could'nt hurt a thing around here......As far as Wallace he is avoiding us or he is off to eat at his favorite 5 Star resturant!!!
IP: Logged |
posted
..[ Quote by dwman ]..Boised,for me sir [and I say that sir becouse I have grown to like you.] but do we really want to judge people by their predictions being true?]
Ya, Boised can kinda grow on a person.Must be his fire breathing style.
IP: Logged |
I have tried to remain silent lately in view of recent events and the probable demise of CMKX. However some of your most recent posts demand response.
legal: You ask about Debi. I remember WWJDthrume. She is a good and decent Christian woman, and a professional investor. She tried to bring DD and reasoned opinion to this board, but how long do you think a lady of that stature could stand to wallow in the muck and inanity that this board has become?
Wallace: Don't give me that crap about remembering Debi (aka.WWJDThruMe). We all know you post on CT as noahltl (as you once did here). It makes you appear to be a complete fool. Further, as far as I am concerned, Debi has a hell of a lot to learn about being "decent" and being a "Christian". She participated in attacks (incl attacks at me) just as much as anyone which was mighty "Christian" of her. You did your share in a different manner....much more subtle.
legal: Most long time investors will advise you not to "fall in love" with a stock. And what they mean is: Don't become emotional about a stock." That applies to the emotion of hate as well. And that is what I see being demonstrated most here. Hatred of the stock, hatred of the management, and hatred of anyone who doesn't feel the same way you do about this stock.
Wallace: Where were you opening your big mouth about "hate" back when you faithful were attacking me and others? What did you do to stop it or even tone it down? Mighty Christian and friendly of you! I don't see hatred of people (as opposed to dislike of their treatment), but I do see hatred of a stock, a company and it's mismanagement.
legal: It is your sty, wallow if you chose.
Wallace: How is anyone supposed to take that as an intelligent comment....or even a response that is unbiased or "balanced"? As far as I know, only pigs have a "sty" in which they "wallow". Therefore, you are calling someone a PIG! Mighty Christian of you. And that is precisely the kind of subtle statement you seem prone to make. Then are able to say, "I didn't say that!".
legal: I hit many of the boards in doing research and DD and you all have to be very proud of hijacking this one. It is the only one I can find where this kind of behavior is tolerated by management. You feed off each other and seek approval from one another by how grossly, or how despicably, you can demean CMKX, Urban, Roger Glenn, and any poster who might dare to try to bring anything but your brand of garbage to this thread.
Wallace: I remember thr reference to "hijacking" as being started by Debi. Management of this board also tolerated you and your faithful bunch. To me, that seems to have been quite fair. However, when some of the faithful and their pawns got carried too far, they were justifiably banned.
Obviously, you do not remember the faithful vultures feeding off one another in the past with such comments as "great post", basher, scum, etc....not to mention some of the other more insulting and/or obscene comments.
You faithful had Roger Glenn accomplishing things of which even he hadn't dreamed or thought. Only to build up your own selves and the decisions you made to purchase CMKX. You had him walking on water, he accomplished absolutely NOTHING, and you are still defending him. That can only be due to the fact that you expected so much from him and so stated.
legal: You have accused many of us of trying to get other people involved in CMKX, apparently to drive the PPS up. Perhaps you haven't noticed that the PPS hasn't risen in months, but yet I am still here trying to bring balance, as any attempt to drive the price up would be futile, if I were so inclined.
Wallace: Whether you meant to or not, I bet your posts and posts of other faithfuls did draw novices in to purchase CMKX....and now they have losses they should not have. Why don't you ask others posting or following this thread how many you and others did draw into buying CMKX? Debi likes to run polls, if you are unwilling to admit the possibilities, maybe she will be "Christian" enough to run a poll as she did with me and as others (your friend JBCak, for one) did.
"Balance" is one thing. Pig-headness is another. What you are calling "balance" is biased information. I have mentioned "balance" before, and the scales are, by far, to the negative side as it pertains to CMKX and UC.
Wallace: I wonder just how much of the following decision to buy CMKX was based upon your posts and those of other faithfuls: "i just saw where someone has lost 35k on cmkx." If you cannot start a poll as suggested above, legal, why not just ask that person?
legal: Why were CIM shares divied to the shareholders in the first place over a year ago, and then once again last year?
Wallace: Obvious!! Another lure cast! And many suckers bit.
legal: Roger Glenn was trying to work this thing out behind the scenes with negotiations.
Wallace: I have asked you this before, "Are you privy to what is going on behind the scenes."? We all know he accomplished nothing. Of course, he did make money for himself and his law firm.
legal: Does anyone yet know the true valuation of our claims in Canada? NO. And we won't release that kind of information into this kind of share structure. That would be ridiculous. That is why our claims are being held in several entities' names, like Sask Limited and others that have been named in PRs. The claims can as easily be moved into CIM as they can into CMKX.
Wallace: Seems to me someone like UC stated that info in the past. Of course, that was determined by UC and not by some disinterested entity.
And what is with the use of the "royal we"? Are you an insider? If that is the case, then all on this thread should very assuredly ignore your posts!
It does not matter who owns the claims (CIM or CMKX). In all probablity, they are worthless. Neither Shore Gold nor DeBeers have found anything commercially worthwhile in the same area.
legal: Many of us have, and have a clear picture of where this company is going. Some call us the "faithful", some call us "Kool Aid" drinkers, others have some unrepeatable names for us. But at least we are "informed".
Wallace: What you are calling "informed" appears to be biased and distorted. And all those people (spies, bartenders, etc) you stated are part of your group and passing on information must be somewhat like those that gave us the results we got about WMD in Iraq.
legal: Of course, all of this is in my humble opinion and should not be used for basing financial decisions.
Wallace: That should be made as a demand!
You mention things that allude to a "Master Plan". There is no such thing!!! UC appears to plan by the seat of his filthy pants.
IP: Logged |
posted
naked shorting is a real problem. it has hurt a serious number of companies & is killing more every day. it has stolen billions of investor $'s. but increasing the o/s to 703 billion doesn't fix the problem. it makes it worse. i have no dought cmkx has billions of naked shares but by dumping 703 billion real shares into the mix you kill the number that can be naked. as for UC buying shares..prove it. that was the party line when a pr came out saying he didn't own any shares thus he got no divys. i'll even go so far as to say a lot of what the cult says may be true but 703 billion means 1 of 2 things. the pps will never move or an r/s of a huge size is coming. even if rolled into CIM its a huge r/s. now maybe those with 100 or more million shares will end up ok but how many of them are there? 10 - 20 million will be 10 or 20, maybe 100 or 200 shares. all that depends on getting past the SEC.
-------------------- "keep your stick on the ice & your cup firmly in place"
IP: Logged |
quote:Originally posted by Dustoff101: dwman...a little horse sense could'nt hurt a thing around here......As far as Wallace he is avoiding us or he is off to eat at his favorite 5 Star resturant!!!
Dusty,
You spoke too soon!! Hope you are still in that foxhole too. Haven't forgotten that one either! LOL
IP: Logged |
quote:Originally posted by Upside: Ok, lets discuss the NSS situation. I would like to hear the evidence for it. All I hear is rumor and inuendo that they're naked shorted to the tune of a trillion shares. Can anyone come on here and lay out a logical case for it? I'd sure like to hear it!
Okay, maybe I'm stupid or something, but if this "naked shorting" is illegal, why would a company like CMKX not come out and say "Hey, they're naked shorting the crap out of us. How about some legal help." This would accomplish a lot toward keeping the shareholders informed, and getting the powers that be to have a look into the situation. Why does everything have to be a mystery and solved by shareholders. That's what causes all the arguing about whether the company can survive or not. And the name-calling, too. Cripes, come out and tell us what's going on. Maybe, just maybe, there is a shareholder or two out there with the connections to get something done about it. IMO, not too many people would bail out if they knew something was being done. It's the silence and lack of news that bugs most of us.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
posted
Because those that believe in it say that it's so massive that if exposed it would pretty much crumble the market as we know it. So a back door deal is being cut between CMKX, the SEC, the DTC, MM's and probably some others that I'm leaving out.
IP: Logged |
posted
Upside, IMO that is not the way to attack the problem. Back door deals will allow the same illegal tactics to continue. The only way to beat a problem is to attack it head on. Maybe if a company tried that approach, the naked shorting would stop.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
posted
I agree with you Ed, the problem is that in my opinion the short position does not exist. I just cannot fathom a .0001 stock that does not appear to be doing any business at all can bring about the demise of the U.S. markets. It's just not real. There was no reason to short it anyway. There was an endless supply of shares hitting the market every day that would have generated great profits for the market makers. Why short it? That's biting the hand that feeds you.
IP: Logged |
posted
I have another problem with the NSS theory. I know it is a problem in general but this stock diluted shares so badly, were was there room for naked shorting. Sure, I can see that they may short some a day the volume was heavy but when it was a slow day and they had to get rid of those extra UC shares then they would covered it. But to say a .0001 stock that diluted up to a billion shares or more a day could possibly have a NSS problem is quiet funny to me.
Ric
quote:Originally posted by Upside: I agree with you Ed, the problem is that in my opinion the short position does not exist. I just cannot fathom a .0001 stock that does not appear to be doing any business at all can bring about the demise of the U.S. markets. It's just not real. There was no reason to short it anyway. There was an endless supply of shares hitting the market every day that would have generated great profits for the market makers. Why short it? That's biting the hand that feeds you.
-------------------- Invest with your brain not with your heart.
IP: Logged |
posted
..OK ,here's a new theory. We are at War with terrorism. One of our weak points is our financial markets, is it possible they could attack us in a way like NSS to de-stablize our Markets?
Some of these Offshore Hedge-Funds would be a means to attack us by messing around with our Markets. As far as CMKX goes hell let um have at it. This stock might drive some of them even crazier than they allready are.
sometimes I feel like an ant under a cattle stampede.
IP: Logged |
posted
cmkx naked shorted to huge amount is ridiculous. there are a number of companies that are doing something about it. that new york judge is finally stepping to the plate & calling for all the info. it may take another yr or two but the end is coming. legel says i'm wrong in thinking the CIM divy wasn't cut in half. that UC gave the naked shorted shares the divy too, thus the split looking like it was a 1.5 trillion o/s. well since CIM is private there is no need to say how many shares ended up in the divy. the other 2 came from reporting public companies. they had to declare those numbers. add that to the fact that 696 billion shares have been dumped into the market over the 20 months between the last filing by cmkx & the divy dates, the numbers say its not possible. remember USCA paid cash & got no cmkx shares, SGGM paid cash & no cmkx shares. nevada minerals shares were bought back. cmkx paid cash for the gemm shares. the only reasonable place a huge number of shares could have went is to RG & those are on the market without question. no lawyer paid in shares holds them. thus those almost 700 billion shares went straight to mm's. why would UC dump almost 700 billion shares on the market in 20 months only to buy them back in the next 6 months, to trap mm's??? what i find hard to believe is that there is a drug out there strong enough to get ppl to bet the farm on that. & i thought the clowns that killed themselves at Y2K because they believed they had to be dead for the space aliens to pick them up were nuts.
-------------------- "keep your stick on the ice & your cup firmly in place"
IP: Logged |
posted
To all on this board.....I made a statement a couple of posts back about terrorism connected to the NSS problem...After further reflection on my statement I believe this could indeed be happening.
These maniac *******s have attacked us allready.
I made a joke [quote,this stock CMKX might drive some of them crazier than they allready are.]
Well..I posted that comment to fast. I never should have mentioned those monsters in a light hearted way. I am sorry..Anyone who is affended by my comment...I understand..Thankyou.
IP: Logged |
posted
Repost from the board we are not allowed to mention.
scottbro2 Diamond Hunter
member is offline
Gender: Posts: 2 Re: Theory import thread. « Reply #3 on: Mar 17th, 2005, 05:11am »
-------------------------------------------------------------------------------- Long time Lurker with a hair brained theory about our pending administrative court case. Anyone, please comment: Sterling's little (well, not so little actually) post today has me thinking and I am reminded of two concepts I have taken away from the dividends from the fall timeframe.
1. Cmkx used different sources for the dividend ratios. For the USCA div. they used the OS # from the TA. - 779B theoretical OS. For the CIM Div they handed the shares to the DTC and said "you figure it out" - DTC came up with the information they keep track of and used the "transacted" # of shares to get a theoretical OS of 1.5Trillion. The disparity proved to me the existence of the NSS and I still believe the 1.1trillion NSS exist today.
I always thought the Div move was a work of genius because this maneuver allowed CMKX to have the DTC out themselves to the naked short position rather than CMKX crying and yelling "naked shorter!" like all the other companies out there. It seems to me key to RG's legal strategy was to have the DTC prove the short rather than keeping the burden of proof on CMKX. Problem is, getting the SEC to do ANYTHING on the NSS issue. If I was litigating the argument, I would not want to be the one to have to prove the naked short position, the SEC would kill you. It’s a better strategy to put the information out to the world and have us come up with “hey look at all the naked shorts in cmkx – no wonder its trading at .0001”. Div move was a piece of the puzzle.
2. This leads me to the latest SEC stunt. – So we are going to have an independent Judge review the information and make a judgment whether or not cmkx should be delisted for filing irregularities. Hmmm, don’t think that is the plan. Independent Judge is going to look at the Div. ratios, and the AS, OS, float in addition to Urban’s actions and say – Is there a problem here like the MM and SEC are saying? THIS COULD BE A GREAT THING!!! We don’t have to prove the short! It’s all there I plain view AND the Burden of proof is not on CMKX anymore. That is a strong argument strategy. Just make sure you have your sht together for the Judicial review and you better make sure your strategy doesn't get out to the other side before you make you point. (could be what RG was there for?) Side note to answer the dilution question: If I was Urban and I knew I would eventually own the float, I would have sold 300B shares to my closest friends – I would have even advertised it to the world “got cmkx?” "You all are going to love me next year" If this comes out the way I expect, It doesn’t matter if UC diluted the share structure. We’d all be long gone if we knew what he was doing but in the end it won’t hurt us. Zero float = Zero float - it doesn’t matter if the OS is 703B or 10 – it all comes out the same. Once the SEC has to act, a forced buy in of 1Trillion shares will cause a major spike.
So the Theory: Judicial review was in the master plan the whole time – they were expecting to fail on the 60 day rule – It didn’t happen in Aug. because they didn’t have their reporting act together. RG finished the deals and the valuation to support the stock price they are going to give the judicial review, locked up his argument, and prepared the case evidence – at that point they filed the form 15 and waited. Now here we are waiting for the independent judge to make his/her own determination of what the facts are. Nice.
IP: Logged |
quote:Originally posted by Dustoff101: To all on this board.....I made a statement a couple of posts back about terrorism connected to the NSS problem...After further reflection on my statement I believe this could indeed be happening.
These maniac *******s have attacked us allready.
I made a joke [quote,this stock CMKX might drive some of them crazier than they allready are.]
Well..I posted that comment to fast. I never should have mentioned those monsters in a light hearted way. I am sorry..Anyone who is affended by my comment...I understand..Thankyou.
posted
I have made my final move in CMKX. I can only lose a commission or two now. I have sold enough shares to basically break even and am holding 2.5m free shares and free divys. I am comfortable with this. If any of these crazy theories come true, I should be plenty happy with my holdings. If we get delisted I just lose potential profits. Big sigh.....I am relieved
IP: Logged |
quote:Originally posted by vman: I have made my final move in CMKX. I can only lose a commission or two now. I have sold enough shares to basically break even and am holding 2.5m free shares and free divys. I am comfortable with this. If any of these crazy theories come true, I should be plenty happy with my holdings. If we get delisted I just lose potential profits. Big sigh.....I am relieved
Vman: I am in the same position here, I bought "all" my shares at 0.0001 way back when. I have reduced my position at 0.0009 and what I now have are free shares with free divys. Nothing left to loose here, and who knows maybe lots to gain. In any case I also am not worried
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
IP: Logged |
posted
Well,,here's a new rumor..Guest's'[ they don't call them patient's anymore ] at a Funny Farm, grew tired of their puzzel's...One guest had successfully completed a puzzel named,,Snow White without the seven Dwarfs. The puzzel has 1,000,000 piece's..
Well,,one of the shrink's [ their called Tour Guide's now ] is a stockholder in CMKX and he decided to give the inmate's [ oops I mean quest's ]..all the information from all the thread's on Allstocks...He thought Ah Ha if anybody can figure out CMKX ,the quest's surely will!
Well,,the quest's came up with the most convaluted intricate theory's ever imagined.The Doctor studied these with absolute DD...After giving their idea's much thought he decided to send them all back to their room's [ cells ] except one..this particular quest told the Doc that CMKX was just plain Nut's and their was no way to solve the puzzle....The Doc sent this man home...
IP: Logged |
quote:Originally posted by Dustoff101: Well,,here's a new rumor..Guest's'[ they don't call them patient's anymore ] at a Funny Farm, grew tired of their puzzel's...One guest had successfully completed a puzzel named,,Snow White without the seven Dwarfs. The puzzel has 1,000,000 piece's..
Well,,one of the shrink's [ their called Tour Guide's now ] is a stockholder in CMKX and he decided to give the inmate's [ oops I mean quest's ]..all the information from all the thread's on Allstocks...He thought Ah Ha if anybody can figure out CMKX ,the quest's surely will!
Well,,the quest's came up with the most convaluted intricate theory's ever imagined.The Doctor studied these with absolute DD...After giving their idea's much thought he decided to send them all back to their room's [ cells ] except one..this particular quest told the Doc that CMKX was just plain Nut's and their was no way to solve the puzzle....The Doc sent this man home...
Sounds like one smart "Doc"
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
IP: Logged |
quote:Originally posted by Upside: Ok, lets discuss the NSS situation. I would like to hear the evidence for it. All I hear is rumor and inuendo that they're naked shorted to the tune of a trillion shares. Can anyone come on here and lay out a logical case for it? I'd sure like to hear it!
Okay, maybe I'm stupid or something, but if this "naked shorting" is illegal, why would a company like CMKX not come out and say "Hey, they're naked shorting the crap out of us. How about some legal help." This would accomplish a lot toward keeping the shareholders informed, and getting the powers that be to have a look into the situation. Why does everything have to be a mystery and solved by shareholders. That's what causes all the arguing about whether the company can survive or not. And the name-calling, too. Cripes, come out and tell us what's going on. Maybe, just maybe, there is a shareholder or two out there with the connections to get something done about it. IMO, not too many people would bail out if they knew something was being done. It's the silence and lack of news that bugs most of us.
ed, I think Urban did ask for help as far back as the 1/7/2003 PR. So he has been trying to combat the naked shorters for over two years now.
"Third, CMKI has been informed that majority shareholders plan on holding their shares in certificate form indefinitely if it helps the Company combat "naked short selling". Under a naked short sale, short positions are not declared, shares are not borrowed to cover the short sale, and the shares are sold without delivering the stock to the purchaser. Real shareholder ownership is undermined by naked short sales of stock and failed deliveries of real certificates that artificially inflate ownership and devalue the price of the securities."
IP: Logged |
NEW YORK (Dow Jones)--The Securities and Exchange Commission has begun administrative proceedings against CMKM Diamonds Inc. (CMKX).
The SEC said in an order on March 16 that CMKM Diamonds is delinquent in its financial filings requirement and that the regulator took action against the company to protect investors.
The Commission said it will set a public hearing before an administrative law judge to determine whether CMKM Diamonds' registration "should be suspended for a period not exceeding 12 months, or revoked." No hearing date has been set but under SEC rules of practice, an initial decision must be issued by the administrative law judge within 120 days of the order instituting the proceedings.
Earlier this month, the SEC temporarily suspended trading in the stock of CMKM Diamonds because of questions about the "adequacy of publicly available information concerning, among other things, CMKM Diamonds' assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management." Trading resumed on March 17.
This tiny diamond mining company has been trading on the unregulated Pink Sheets market and has not made any regulatory disclosure since late 2002. Billions of shares of CMKM Diamonds routinely change hands each day and its elusive number of outstanding shares had been the topic of much speculation until recently when the company said it had some 703.5 billion shares issued and outstanding.
CMKM Diamonds shares were recently trading at $0.0002, up 100%, on volume of more than 1.1 billion shares.
In its release announcing the temporary trading halt of CMKM Diamonds' stock, the SEC said it "is concerned that CMKM Diamonds may have unjustifiably relied on a Form S-8 to issue unrestricted securities." The SEC said it is "also concerned that CMKM Diamonds and/or certain of its shareholders may have unjustifiably relied on Rule 144(k) of the Securities Act of 1933 ("Securities 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."
CMKM Diamonds has said it is in the process of reinstating its reporting status.
Canadian securities regulators are also targeting the company. Last November, regulators in the province of Saskatchewan issued an order enjoining CMKM Diamonds president and large shareholder Urban Casavant, and two others from selling CMKM Diamonds shares without proper registration. That order, issued by the Saskatchewan Financial Services Commission, was originally scheduled to expire Nov. 9 but was extended until the commission receives "satisfactory information."
CMKM Diamonds has been the subject of several Dow Jones "In The Money" columns which highlighted its huge daily trading volume and the lack of information surrounding the company and its mineral claims.
-By Carol S. Remond; Dow Jones Newswires; 201 938 2074; carol.remond@dowjones.com
(END) Dow Jones Newswires
03-18-05 1203ET
-------------------- Invest with your brain not with your heart.
IP: Logged |
posted
Just heard something interesting in Sterlings room. Apparently out of market trading took place and a very large block spiked the volume weighted average price to $.48. The ex market maker thinks something behind the scenes is going on that is related to the whole nss and possible buy-out. Just what I heard. In my opinion, I have no opinion.
IP: Logged |
posted
They are a bunch of morons in there that has made up more theories then ever made about JFK. All they ever do is make up rumors that can't be proved and try and convince the faithful its true. And Sterling IMO should be put in jail for helping this happen. If hes not a paid pumper ther isn't any. I would not believe there was a lighting storm if they said so unti I was actually struck by it.
-------------------- Invest with your brain not with your heart.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
