posted
i can't wait to see the math fanticys that make 703 billion shares worth $1. the amount of drugs needed to figure that out might cause a few overdoses
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by Upside: Wait a minute here. This says they have 703 billion outstanding EXCLUDING shares held in street name. Unless I'm all wet that means 703 billion in certificate holders. My shares are held by Ameritrade, or, in street name. I'm assuming the bulk of the shares held are the same. Does that mean the o/s is really more like 1.4 trillion?
I was wondering when someone would point the above fact out and was just about to do so. That means the O/S might just be pushing the 779 bil figure. ******************************* legal, I don't know where you are getting all your supposed facts from about UC repurchasing shares. If you are talking about a long ago comment by Melvin or someone that shares were being purchased and recorded as Treasury Shares, that probably changed the day after the statement was made. I repeat, Treasury Shares ARE NOT issued shares, but they are outstanding shares. I am willing to bet there are fewer there than was originally announced, since they probably resold them to get $$$$$s. ****************************************
For those of you who think UC holds 50+% of the issued shares, I very much doubt it. There are other ways to maintain control of a company. If those other ways do not exist, that is just another very good reason for UC not to have released the O/S sooner. Thus giving him time to establish some other form of control....such as a Pfd Stock that can carry such control. Those ways are commonly called "voting arrangements" and I have previously mentioned them. They disenfranchise common stockholders and are not considered to be ethical methods.
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quote:Originally posted by will: "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")."
"to approximately 2,032 stockholders of record (excluding shares held in "street name")."
Think maybe they are referring to shareholders not shares?
If they meant shareholders, counsel would have said "shareholders", in any document that will be taken apart by the SEC.
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posted
so much for the SEC "protecting" investors....OUCH! Sounds more like everyone who owns this stock, owns one flake of paint off of the car(s)....OUCH!!!
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;)
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posted
i agree wallace & to prove that point i'll do as the cult does...refer to a pr. remember the UCAD dividend when it stated that because UC gave up his shares to stop dilution (i'm laughing so hard thinking of that statement i can't hardly typoe) he would not get the UCAD split..thus those shares are the o/s if there are naked shares they are over and above 703 billion(lmfao) & if you think that trying to cover any short with 703 billion issued & outstanding will cause a increase in pps please lock yourself in a room & stay there for your safety & the public's its not safe for you to be on the streets
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by will: "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")."
"to approximately 2,032 stockholders of record (excluding shares held in "street name")."
Think maybe they are referring to shareholders not shares?
If they meant shareholders, counsel would have said "shareholders", in any document that will be taken apart by the SEC.
You are talking about a guy who claims that Carolyn is diamondferous and unleashes his psuedo-carny IR man Melvin to pump away based on 2 specs of dust. Leagle you are a moron.. give it a rest already.
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posted
I can't believe some of you in here. Geez. The street name commant was only stating that the shareholders that bought shares through Ameritrade and such are unknown. So they are not part of the 2035 number. Thats all it means. No big deal. Just means they can only state 2035 because they don't know the exact number each broker has. No more no less. All we know is there is more then 2035 shareholders. How many more no one knows.
-------------------- Invest with your brain not with your heart.
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posted
That's the way I read it, Ric, shareholders, not shares. You will have to excuse the faithful noah, he cannot admit he is wrong. He has too much invested in this to make an admission that his investment is now worthless.
quote:Originally posted by Ric: I can't believe some of you in here. Geez. The street name commant was only stating that the shareholders that bought shares through Ameritrade and such are unknown. So they are not part of the 2035 number. Thats all it means. No big deal. Just means they can only state 2035 because they don't know the exact number each broker has. No more no less. All we know is there is more then 2035 shareholders. How many more no one knows.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
The fact that shares are held in "street name" does not mean they are NSS. What he is saying about "street name" is that there are 2032 registered shareholders. However, any given broker could be holding shares for a number of clients but they would only show up on the records of the TA/Registrar as 1 share in the broker's name. Thus, in reality, the number of true stockholders would be larger than 2032.
Come to think about it, my previous post about the O/S was probably incorrect since even the shares (as a total number) in street name would be accounted for. Therefore, the figure UC gave is probably close to being correct.
Ric, above, is correct. Must have missed his post while typing. "Never mind"!
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posted
for those like DW, cashcow & a few others that held out hope their investment was not worthless i'm really sorry us bashers were right
still i want to know why the dividends were split between 779 billion...thats 76 billion shares missing...not that it would make a big deal but...thats only the o/s of probaly every company on allstocks first page
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Hey bill! Didn't that Wee Willie Wanker guy boast about having that many shares. LOL Maybe noah owns close to that. I remember debbie saying she had 77M and was considering buying more to have a position of 100M. He might be right, (in a pig's ass) LOL They just won't stop. I can't believe they keep finding any positives in this mess.
quote:Originally posted by bill1352: ric i'd think that would be clear too..try dividing 703 billion by 2035 its about 346 million shares per shareholder
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
Will that would be about $70K per shareholder... i'd have to say even for the cult thats a bit much... i mean anyone that was part of the cult isn't smart enough to find $70K without winning the lotto
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by bill1352: for those like DW, cashcow & a few others that held out hope their investment was not worthless i'm really sorry us bashers were right
still i want to know why the dividends were split between 779 billion...thats 76 billion shares missing...not that it would make a big deal but...thats only the o/s of probaly every company on allstocks first page
bill: "CMKM Diamonds, Inc. Announces Purchase of 75 Billion Shares Issued to Nevada Minerals, Inc. for Acquisition of Mineral Rights in Saskatchewan, Canada Saturday December 18, 8:00 pm ET
LAS VEGAS--(BUSINESS WIRE)--Dec. 18, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today that it has repurchased the 75 billion shares of the common stock stocks issued to Nevada Minerals, Inc. in July of 2004 to acquire mineral rights in Saskatchewan, Canada. The shares were restricted. The purchase price for the shares was $ 2.2 million, of which $2 million was in the form of a note payable in one year. "Being able to reacquire these shares for this price is a great opportunity for the Company," said Urban Casavant, the Company's CEO."
posted
i'd bet the shareholder count is closer to 20K...thats screwin a lot of ppl over... & now in an effort to build shareholder value UC gives us a 70 billion to 1 r/s...of course without reducing the a/s, want to make sure anyone that wants to buy into cmkx can do so cheaply. millions of millionaires, isn't that what UC said??
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
What kills me is that that SOB, UC, has known the O/S figure all along and has refused to share it with the public. And to whose advantage? Think about that you faithful followers!!!
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posted
boised..you da man...i forgot that attempt to build shareholder value...i cant stop laughin here thinking of all the crap in prs & posted by the cult. i know its not right, ppl lost a lot of money but to think a company could say the things they have & then tell the world their o/s is 703 billion boggles the mind
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
"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.
====================================== he may look like he is still with it but please
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.
=============================
ya really think thats the reason???...lol
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
They can't think about it, Wallace. They can only think about ways to corrupt and twist clear statements and admissions of the company into something totally different then what was REALLY said. They are so used to ambiguity from CMKX PR's that when they are clear they interpret it and ignore reality. This is the sad thing. The fact that they had almost year to propagate their message, and mislead so many needy people. You are so right when you condemn UC for witholdng information. It allowed the growth of this fanaticism. Fundamentalism, (not meaning religious or stock analysis in this case, but the belief there is only one truth), is very dangerous. Their failure to at least listen and consider an opposing point of view hurt them and all they influenced.
quote:Originally posted by Wallace#1: What kills me is that that SOB UC has known the O/S figure all along and has refused to share it with the public. And to whose advantage? Think about that you faithful followers!!!
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Yes sir. I was uppset to see the SEC, DTC, and market makers are all doing everything they can to make CMKX go away. Be warned this will not happen you can stall, and bash, put up road blocks, but I will not sell a single share until it hits the price I am willing to sell. Infact I am so convinced that cmkx is the best stock money can buy, when this halt is lifted on the 16th of march I will double my already very large position in cmkx! These guys think they can shake us, now guess what they will have to cover double the amount I have. MM's you're going to buy me a porche gt! And on the plates it will say "thnx mms"! It will be a reminder to the fools that played cmkx!
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Gender: Posts: 454 Re: CMKX PR 3/4/05 !!!!!!! « Reply #108 on: Today at 8:05pm »
-------------------------------------------------------------------------------- One diamond find can move this stock to .001. @ .001 I have made a 500% return, not bad. If the ns is equal to or more than OS a covering will still make us all wealthy.
I am disapointed with the OS, but we don't know the structure yet. I'm satisfied that we are ok, nad will make money.
The way I see it, we have a piece of a very lucrative pie. My piece is just not as big as I thought it was.
-------------------- "keep your stick on the ice & your cup firmly in place"
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We have some figures, but not enough to make a fully informed decision. I have to give IBM credit for getting this news out, and taking this issue with the SEC head-on.
I know there's a lot of disappointed people out there tonight. But it is important to keep our perspective. Much of the disappointment people feel tonight comes from our (as a group) sense that we were going to be instant millionaires. We bought a few million shares, and assumed we'd add water and *POOF*, welcome to easy street. The reality is we've set ourselves up to believe we'd be able to do this overnight, and easily, and to the limits of our imaginations. IMHO, this is more of a grounding call to bring us back to reality, than it is a train wreck or a titanic disaster.
Look at the numbers they provided, but moreso what they didn't. We really don't have a current basis from which we should make an informed decision yet. We don't know the actual float, we don't know the number of total shareholders, and we don't know what assets still lie behind curtain #1.
If a doctor told you it looks like you have cancer but hadn't performed a biopsy to confirm it, would you automatically assume you need to be planted next week?
Some may choose to leave at this juncture. Some will likely stay. Whatever you choose, please choose it with your head, and not your feelings.
As for me, I'm my normal self this evening...not emotionally impacted at all. I have a clearer picture of what's going on, and I'm thankful my company has provided this information to me. The news isn't as rosy as I might have hoped, but for me, there's too many variable left out of the story to make a "Go/No Go" decision at this point. So tonight I say again, as I have for nearly a year...
Long, Strong, and fighting a nasty cold...darn it... C-Dub
<Hurling>
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