posted
Its not that your not allowed to vote. Actually if the Majority shareholders would stand up and vote then they could take back the company. He is using a Nevada law that I am not sure he is using correctly but may that allows him to vote you shares and not tell you about it. But if the Shareholders would take a stand they could have a meeting and repeal the admendment to the bylaws for written consent and take back control.
It was clear in that filing what you are saying is false or UC lied on the filing. Any officer of the company must register there shares as corporate insider. If there is a collusion of friends that are voting without our consent then thats illegal as insider trading because the other shareholders were never informed. So he either doesn't own a majority and is using the written consent like he filed in the SEC filing on Jan 15th or they are preforming illegal transactions. Either way there in deep kim chi.
-------------------- Invest with your brain not with your heart.
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legal wrote: "The "Majority Shareholders" is a controlling entity in itself. It is composed of family members and other insiders like Dhonau, Dvorak and others. It apparently holds the "one" preferred share, and billions of common stock."
Wrong again, legal. As I stated above that 1 sh of Pfd Stock was cancelled on Sept.30,2002. Furthermore, if the "Majority Shareholders is a controlling entity in itself", then as an entity (singular), it was required to have filed as such with the SEC. Please direct me to such a filing?
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posted
Rendal Williams would probably own a few shares wouldn't he? He's not UC, he's not his family, what about RW's friends... you think the shares they own would just end there?
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posted
Now thats how the koolaid drinkers slogan gets its name. roflmao
quote:Originally posted by legaleagle: OK the posts on getting advice from the attorney on bypassing majority are growing. Here is what I understand. John Jarvis, of CyberMark days, had been given a large chunk of shares for his interest in CyberMark. After a short time, as the rumors go, John Jarvis tried to take over CMKI and hostilities broke out. Urban was trying to figure out a way to prevent a take over. IMO. He never had to figure out a way to keep public shareholders out of the process, they were never in it. He only had to figure out how to keep a hostile insider from taking over.
I thought thats why they cancelled the preferred shares.
-------------------- Invest with your brain not with your heart.
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posted
They stated what UC, family, and insider shares where and they were only 10.7% 1/15/2003
Doesn't matter Highwayman. If they do then they are just like you or me. And if they are getting inside information like increasing a/s and getting to vote on it. ITS ILLEGAL AND SOMEONE CAN GO TO JAIL. Remember friend Martha to CEO, geez. If there involved in the company then they would have to file as a insider. So either way, if what you say is true then its illegal. Either they aren't filing as insiders or recieving illegal insider information.
quote:Originally posted by Highwaychild: Rendal Williams would probably own a few shares wouldn't he? He's not UC, he's not his family, what about RW's friends... you think the shares they own would just end there?
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by Wallace#1: legal wrote: "The "Majority Shareholders" is a controlling entity in itself. It is composed of family members and other insiders like Dhonau, Dvorak and others. It apparently holds the "one" preferred share, and billions of common stock."
Wrong again, legal. As I stated above that 1 sh of Pfd Stock was cancelled on Sept.30,2002. Furthermore, if the "Majority Shareholders is a controlling entity in itself", then as an entity (singular), it was required to have filed as such with the SEC. Please direct me to such a filing?
Fully aware of the cancelation of the preferred share. "In order to effectuate the merger with the Casavant Mineral Claims, the majority shareholders' holding more than 51% of the voting shares approved an increase in the authorized capital of the Company from 500,000,000 to 10,000,000,000 with the cancellation of all Preferred shares. Prior to this action, the Company had 3,000,000 Preferred shares authorized with 1 Preferred share issued and outstanding. This Preferred share had been purchased by the majority shareholders in 2001 for $235,000 from the Jarvis Entertainment Group, Inc., thereby giving them voting control of the Company."
I was showing that the majority shareholders were maintaining "control" thoughout the process. When they gave up that 1 share, they received enough shares in the 2.8 billion share transfer for claims, to continue maintaining control.
As far as being a controlling entity, they are not such by law. But are a defacto group, united by blood and/or common purpose.
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posted
But thats not true according to the 1/15/2003 filing Legal. They accounted for the whole 7.89 billion and UC and Family only owned 10.7% accourding to there SEC filing.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by Ric: Now thats how the koolaid drinkers slogan gets its name. roflmao
quote:Originally posted by legaleagle: OK the posts on getting advice from the attorney on bypassing majority are growing. Here is what I understand. John Jarvis, of CyberMark days, had been given a large chunk of shares for his interest in CyberMark. After a short time, as the rumors go, John Jarvis tried to take over CMKI and hostilities broke out. Urban was trying to figure out a way to prevent a take over. IMO. He never had to figure out a way to keep public shareholders out of the process, they were never in it. He only had to figure out how to keep a hostile insider from taking over.
I thought thats why they cancelled the preferred shares.
You been sneaking out of here and doing DD, Ric? LOL
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quote:Originally posted by Ric: Then it proves he sold those shares because he signed off that he only held 600 million or 8.3% on Jan. 15 2003. Better read.
The following Table sets forth the Common Stock ownership information as of January 15, 2003, with respect to (i) each person known to the Company to be the beneficial owner of more than 5% of the Company's Common Stock, (ii) each director of the Company, (iii) each person intending to file a written consent to the adoption of the Amendment described herein, and (iv) all directors, executive officers and designated shareholders of the Company as a group. This information as to beneficial ownership was furnished to the Company by or on behalf of each person named. Unless otherwise indicated, the business address of each person listed is 1481 West Warm Springs Road, Suite 133, Las Vegas, NV 89014.
Table 1. Beneficial Ownership (a)
Shares Beneficially Owned Percent of Class
Urban Casavant (1)(2)(3) 600,000,000 8.3%
Casavant Family As A Group (2)(4)(5) 170,300,000 2.4%
Majority Shareholders (2)(6) 6,988,191,000 85.8%
Total Consenting Shareholders
96.5%
Directors and Officers As a Group
8.3%
-------------------- Invest with your brain not with your heart.
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You been sneaking out of here and doing DD, Ric? LOL
Have a bug, stuck at home all day, bored with nothing better to do except drink plenty of fluids and enjoy the convesations. And read way too much today.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by Ric: But thats not true according to the 1/15/2003 filing Legal. They accounted for the whole 7.89 billion and UC and Family only owned 10.7% accourding to there SEC filing.
Ric, that was before they got the 2.8 billion shares for turning over the claims.
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quote:Originally posted by glassman: too bad you picked CMK? to do all this great research on legal.... i hate what i see the MM's doing every day too...
but i don't think cmk? is the one to take to court...
Glass the company didn't chose to go to court, the SEC did. Or maybe they did.......hmmmmmmm.
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You been sneaking out of here and doing DD, Ric? LOL
Have a bug, stuck at home all day, bored with nothing better to do except drink plenty of fluids and enjoy the convesations. And read way too much today.
posted
I took the liberty of taking a part of Glassman's post from another Allstocks thread. I hope he does not object. READ THIS:
"In the past, SEC lawyers chased swindlers one company at a time. Now the agency is targeting gatekeepers such as broker-dealers, promoters, and lawyers, who show up in scam after scam. And rather than waiting months until it can prove intent to defraud, the SEC is halting trading in companies that it suspects are about to be monkeyed with as soon as it finds what it considers clear-cut evidence of violations
"At issue is the potential for so-called pump-and-dump schemes, whereby speculative investors, company insiders or others try to inflate demand for a stock by trumpeting positive-sounding information about a company -- typically via e-mail -- and then cash in their shares at the higher price. Often the information is false and the stock quickly declines again," explained the Journal.
The following PR was submitted to Business Wire to be released, 4-27-05. Business Wire refused to release this PR. Hugo Cancio offered to take out the couple of things that they were objecting too and claiming as the reason it could not be published, and they still refused! Read all about it here: Link to story
Fuego Entertainment Begins Filming of the “Counterfeit Conspiracy” Documentary to Reveal the Fictitious Creating and Selling of Shares in the US Markets
Fuego Entertainment proudly announces the beginning of filming the “Counterfeit Conspiracy” documentary to reveal the fictitious creating and selling of shares within the market. Most investors aren’t aware that it is just as against the law to counterfeit corporate securities (18-USC-514) as it is to counterfeit $100 bills, nor are they aware that they are likely to have these securities in their portfolios.
The producer of this informative documentary is Mr. Hugo Cancio. "This will be an in depth documentary on counterfeiting stock shares through a myriad of key market authorities to victimize public shareholders" said Mr. Cancio
This counterfeit creation of shares is usually done in the small cap market which are primarily your penny stocks. This counterfeiting of shares is known throughout to many as Naked Short Selling (NSS).
Counterfeiting anything of monetary value in the United States is illegal. Yet shares of stocks involving hundreds or even thousands of companies are counterfeited on a daily basis without penalty. The documentary will be revealing for all to educate investors and key authorities to what have been going on for years.
According to their website at www.SEC.gov, the Securities and Exchange Commission (SEC), states that Naked Short Selling is NOT NECESSARILY against federal securities laws. The SEC admits that the counterfeiting of stock shares is a reality by bringing forth a new law, called Regulation SHO, which was enacted this past January, to try and get this issue under control. However, there has yet to be one single case brought to justice!
Counterfeit Conspiracy is a documentary aimed at getting to the truth! Fuego Entertainment will be going straight to the CEO of companies and their affected shareholders to retrieve direct testimonials of current counterfeit actions from this investor devastation. Fuego's producers will be asking all the tough questions that America needs the answers too for educating the world on what has been going on for years. Fuego Entertainment production crew will be going to take their cameras and microphones across the US, approaching the SEC, DTCC, Capital Hill, and market insiders on Wall Street.
The SEC has mandated that each of the markets put out a daily list that shows companies that currently have been naked shorted through this counterfeiting of shares. This is due to a failure to deliver the required amount of shares after the mandated time frame allotted from the SEC. Here is a very small list of some of those companies known as Threshold Companies: U.S. Canadian Minerals (OTCPK: USCA), Global Links Corp (OTCPK: GLKC), Infotopia Inc (OTCPK: IFTA), Wi Fi TV Inc (OTCBB: WFTV), Winn-Dixie Stores Inc (OTCPK: WNDXQ), General Credit Corp (OTCPK: GNIZQ) and Gateway Distributors LTD (OTCPK: GWD)
Another company, CMKM Diamonds Inc (OTCPK: CMKX) of Las Vegas, is currently facing problems that may be related to having already fallen victim to this counterfeiting crime. A large group of extremely loyal CMKX shareholders have formed an owner’s group. These loyal shareholders are going after the very Wall Street insiders that want to see this company fail. If the company fails, then traditionally the NSS problem goes away for those that perpetuated the problem. But not this time, the shareholders are fighting back and supporting their company.
These are just a handful of the many companies facing this problem today. These types of companies usually end up as a casualty and in bankruptcy through no fault their own. These are usually the repercussions behind the dilution of the company’s stock.
“This is Financial Terrorism against Americans, it’s a culture of fraud perpetuated by Wall Street, its self regulatory organizations, the SEC, and a cornucopia of offshore criminals” Rodney E. Young, Founder/President/CEO of Eagletech Communications, Inc. (OTCPK: EATC)
As Bob O’Brien of NCANS.net summed it up: “A couple of hundred guys in New York are robbing the system and investors blind.”
Come along with us as we EXPOSE the Counterfeit Conspiracy to America! We invite shareholders and anyone that wants to stand up for their rights and be a part of history as we interview Washington D.C. and then travel by bus to New York City to visit the DTCC and Wall Street. Visit us at www.CounterfeitConspiracy.com and sign up to join our fight to clean up the corruption on Wall Street! The righteous shall prevail!
The Counterfeit Conspiracy documentary will be released within the next 60-90 days for more information please visit: www.counterfeitconspiracy.com
Disclaimer:
The companies mentioned above and their corresponding stocks are being represented as currently on the NASDQ Security Threshold list or as an example of what may be happening in the market place for the purpose of this documentary. No investment advice to either buy or sell any of the securities mentioned in this press release has been given. Please consult with an investment professional if investment advice is warranted.
posted
Order your copies now. Fuego can be added to the list of people making money from CMKX, which unfortunately, does not include people who own shares of the stock.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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posted
Come on, that guy Fuego is another Casavant paid shill. Look at his "The Trader" show he's producing. Nothing but CMKX. Look at his p/r above, notice the first company on his list of shorted stocks? USCA, followed by a paragraph about CMKX. Just another paid pumper, that's all he is.
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posted
I really believe the Dateline issue was the same. When that so called PR came out about dateline airing the Stockgate, I went to there website and from day one to the day it was claimed cancelled they never mentioned the airing of the article. They always say on there website what is planned to be aired and it was never metioned.
-------------------- Invest with your brain not with your heart.
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posted
I don't think it much matters how, or by whom, the Naked Short / Stock Counterfeit story gets out, as long as it gets out. It doesn't seem like we can depend on our news media to talk about it, they have been cowed by the DTCC.
StockGate: DTCC Stuns With Admission It Interfered With News Media April 13, 2005 (FinancialWire) In yet another stunning development in the StockGate saga that has roiled the financial industry, the Depository Trust & Clearing Corporation, through its outside counsel, Proskauer Rose LLP, has admitted it sent communications that resulted in a newswire’s censorship at Yahoo (NASDAQ: YHOO) Finance via Investors Business Daily and Markethingych, now owned by Dow Jones (NYSE: DJ) but then partly owned by Viacom’s (NYSE: VIAb) CBS.
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legal, you had better hope that the legal way stocks can be short sold continues. Otherwise, MMs and Specialists will not be able to maintain an orderly market which is to your benefit. You will encounter huge, huge swings without it and, as a result, it will create considerable confusion in the market.
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WALLACE I would just as soon have my broker tell me no shares are available @T+3 and return my money. As have any kind of POSSIBLE shorting occurring. Do not believe this would adversely affect an orderly market. And it would bring better confidence !
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posted
Tango, what you are suggesting would literally stop the market/trading on various stocks at various times. In short, the market of any given stock would stop and start instead of running continuosly. You would have no idea where to place your buy/sell becaues the MM or Specialist is not filling the voids in between rises and/or falls of the pps. Without shorting (legal shorting) done according to the rules, if a stock last sold at .05 and there is none available for the MM or Specialist to sell to the next buyer (either + or - the last sale), that stops the market at that point until more shares can be purchased from another seller. No continuity in that kind of market...too eratic.
No, I'll accept short selling under the legal rules. That is what provides the liquidity for all traders....public or otherwise.
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i agree wallace...the real problem is when a certain mm sells to you but never bothers to fill that sell in a timely manner. if there was a system in place to balance the books on each stock or that system was followed to the letter it would be fluid & not dilute a stock. if anyone watchs L2's you see times when a mm buys a huge amount of the sells coming in & never drops the bid...these are filling a short or loading for a run & some times that run never happens & the mm is stuck. CMKX has too many shares for any need to short at any time.
-------------------- "keep your stick on the ice & your cup firmly in place"
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It would seem to me that, if the present system is not working properly and rather than get rid of it, it could be modified so red flags quickly set up on naked shorts, that time limits to fill those shorts are decreased and with red flags on those time limits provide fast alerts. If that short is not filled (a naked short) withing that specified time limit, then other holdings of the broker should be placed in danger (and every broker holds other stocks themselves) of being sold promptly or within a few days. Sure, there will be a hell of a lot of crying, but it would solve the problems of naked short selling taken to the extremes and beyond legal limits.
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posted
not at all, i pulled it off the newswire...
but here's the sad part of NSing....
if? the MM's were to raise the bid and ask? would people still buy?...
i watched CMK? for months with an ASK ok .0001....
no bid....billion shares a day.... at .0001...
the MM's do some bad things IMO, but when i see it? i just move on to somewhere better..... not that hard really...theres a lot of stocks to choose from....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
i agree again wallace & glass. the problem lies in they are greedy & when a stock gets hit in a big run they end up buying shares at a hi pps only to have it tank the next day. if there was a pool to draw from as needed & every weekend all short were filled from the pool & the cash put in its place to refill the pool at a better point it would serve the purpose. any other short to be filled monday by increasing the bid. this way once a week all positions would be covered & the market would still be liquid
-------------------- "keep your stick on the ice & your cup firmly in place"
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