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what i'm pointing out legal is the lie in this pr. the 8K covered this pr period. i do agree its only a part of the total claims but when a compan says a survey found hundreds & then months later in an 8K its 16 there is a serious honest problem. something like 300 shareholders when it was 689 but then the cult thinks millions & billions are just about the same thing anyway.
LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.
By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by bill1352: what i'm pointing out legal is the lie in this pr. the 8K covered this pr period. i do agree its only a part of the total claims but when a compan says a survey found hundreds & then months later in an 8K its 16 there is a serious honest problem. something like 300 shareholders when it was 689 but then the cult thinks millions & billions are just about the same thing anyway.
LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.
By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified
bill, it still doesn't say that it was limited to 025 Sask. It doesn't even say that 025 was included in this survey. It's possible that 025 was done later. We just don't know.
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ed19363 . I agree, nobody has any facts and all this is just peoples opinions. When we see it in a PR then believe it. Why can't people just wait till the judge rules. Most here are cult, as in cult bashers. People get sick and tired of most of you.
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Wallace. Legal is right. If you are going to posts what someone said, please post the whole thing, not just what you wanted picked out and twist words. You did do this to Dr. Ds post. Wait till the judge rules people.
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StockGate: DTCC Unit Receives ‘Immunity’ For Willful Misconduct, Securities Violations / FinancialWire®
May 23, 2005 (FinancialWire) In a blockbuster event almost equal to the mysterious “postponement” of the announced expose of the Depository Trust and Clearing Corp. by General Electric’s (NYSE: GE) “Dateline NBC,” the U.S. Securities and Exchange Commission has inexplicably given the DTC’s National Securities Clearing Corp. a “immunity” in the form of limited liability for willful misconduct or violations of Federal securities laws.
The event also ranks near the grandfathering of liability to market manipulators and other lawbreakers before Regulation “SHO,” which has exposed serious settlement failures for such companies as Delta Air Lines (NYSE: DAL) and General Motors (NYSE: GM), and even the NASDAQ-100 (NASDAQ: QQQQ).
These and other events, including the proposed nomination of Director of Market Regulation Annette Nazareth, who has characterized opponents of illegal market manipulation as people “who just want their stock to go up,” to become a Commissioner, is providing more and more fodder for the organizers of public demonstrations and lobbying in Washington June 6 and in New York June 7. The organizers, who are filming a documentary, say demonstrators now number over 600.
Some legal experts are questioning whether the SEC, without the approval of Congress, has the authority to limit the NSCC’s liability. There have been similar questions about the SEC’s authority to unilaterally “grandfather” securities violations prior to Regulation SHO.
The new regulation is sure to be litigated since the DTCC and the NSCC were the subject of lawsuits claiming their “stock borrow program” is illegal counterfeiting, prior to the rule approval by the SEC.
The DTCC has also admitted to interfering with the media in impacting the distribution of FinancialWire on Yahoo (NASDAQ: YHOO) and elsewhere through malicious interactions with Investors Business Daily. The “Important Notice” from the DTCC regarding the NSCC demonstrates that the entities are a “self-regulatory organization” under the auspices of the SEC, which ramps up the media interference to First Amendment violations. FinancialWire’s counsel, Marshal Shichtman, Esq., is returning to the U.S. today and will be reviewing the new evidence.
The DTCC said that the “approved changes create a uniform standard limiting NSCC’s liability to direct losses caused by the NSCC’s gross negligence, willful misconduct, or violation of Federal securities laws for which there is a private right of action.”
In addition, the organization stated, “the changes memorialize an appropriate commercial standard of care that will protect NSCC for undue liability, permit the resources of NSCC to be appropriately utilized for promoting the accurate clearance and settlement of securities, and are consistent with similar rules adopted by other self-regulatory organizations and approved by the Commission.”
The DTCC had asked for the rule December 8, 2004. It is not known how the proposed rule slipped through the cracks on the public and Congressional levels prior to the approval.
The National Coalition Against Naked Shorting stated that the action was sought and approved hastily because “they have been willfully violating securities laws for years, know that it will come out in court, and want to have a piece of paper to fall back on,” adding that it corroborates “the theory that the stock borrow program violates a host of securities laws, that the NSCC knows it, and that they have been counterfeiting stock for years and just now are starting to catch on to the idea that they will get caught.”
Nazareth was quoted in February in the New York Times (NYSE:NYT) as “doubting” that threshold companies such as Overstock (NASDAQ: OSTK), Martha Stewart Living (NYSE: MSO) or Novastar Financial (NYSE: NFI) were being “manipulated,” and that victims of illegal naked short sales are simply people who want their “stocks to go up.”
She said those who complain of their losses to illegal trading activity have an attitude that “it’s a criminal conspiracy when stocks move the wrong way, and the government should do something about it.”
“What is criminal,” said one who believes Nazareth’s appointment, so far championed by U.S. Senators Charles Schumer (D-NY) and Harry Reid (D-NV), would be disastrous for small investors who someday expect justice and a fair playing field in the markets, “is that someone could be in a position of authority at all with this kind of anti-investor attitude.”
National Counterfeit Conspiracy Days are scheduled in Washington, DC on June 6, and in New York City June 7 by a group planning a film to highlight the national financial scandal known as StockGate. Its website is http://www.counterfeitconspiracy.com
The film project, said to be a “Michael Moore”-type docudrama, is planned by Fuego Entertainment of Miami.
The group is organizing the citizen lobbying effort June 6, beginning at 11:30 a.m., in front of the U.S. Securities and Exchange Commission building, followed by lobbying on Capitol Hill.
“After we make our United Voice heard on Capitol Hill, we are headed to New York City by busloads to make that same voice known to all the world from the hub of the financial district where cameras from all over the world have a constant eye on what’s happening,” the organizers stated.
“Our busses will depart Washington D.C. on June 7th at 7:30am to head to NYC. We will be protesting on Times Square at 2 p.m. After an afternoon on Times Square we will head back to D.C.”
In other recent StockGate developments, Senator Richard Durbin has joined Senator Robert Bennett in complaining about the ineffectiveness of Regulation SHO, and a Global Links (OTC: GLKC) shareholder, Dennis Smith, was told in an email by Wells Fargo (NYSE: WFC) that it can not provide delivery of Global Links certificates because it and E*Trade Group (NYSE: ET) are hopelessly short. And the individual who started the controversy, Robert Simpson, has said he has also been unable to get delivery from Oppenheimer Holdings (NYSE: OPY).
In his communication to SEC Chair William Donaldson, Sen. Durbin also contested the claim by the Depository Trust and Clearing Corp., a unit ot the New York Stock Exchange and NASD, that it has no responsibilities under Regulation SHO.
Senator Durbin’s letter to Donaldson appears to sharply contest the Depository Trust & Clearing Corp.’s contention that it has no role in Regulation SHO.
“I am writing to request information regarding the June 23, 2004 Securities and Exchange Commission (SEC) short sale regulation, designated Regulation SHO. On March 9, 2005, the Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Regulation SHO, in which Chairman Bennett spoke with you about the regulation’s effects on the illegal practice of naked short selling. I thank you for your testimony and I hope that you can follow up on some of my concerns not fully addressed by the Banking Committee hearings.
“I appreciate the efforts of the Securities and Exchange Commission (SEC) to control abusive short selling practices. As a result of Regulation SHO, the names of firms with large amounts of unsettled shares are published on the Threshold Security List daily. This list assists individual investors in making informed decisions about potential manipulation of the market, and gives regulators and investigators a centralized list of firms with significant numbers of undelivered shares. However, it has come to my attention that Regulation SHO may not be curtailing abusive naked short selling practices.
“Several of my constituents have contacted me since the SEC introduces Regulation SHO. They have raised concerns about potential loopholes in settlement regulations. During your recent testimony before the Banking Committee, Chairman Bennett asked you about the ability of brokerage houses to shuttle unsettled shares every 13 days in order to avoid settling the borrowed shorted shares. Due to time constraints at the hearing, the committee did not receive a complete answer. This issue is worthy of a full response.
“Additionally, my constituents have expressed concern about SEC enforcement of Regulation SHO. While the Threshold Security List publicizes securities that might have been manipulated, I am concerned that some securities repeatedly appear on the list. What steps is the SEC taking to investigate trading practices that result in vast quantities of unsettled shares, and to punish those people who violate SEC naked short selling regulations? What is the SEC doing to ensure that the Depository Trust & Clearing Corporation (DTCC) is complying with Regulation SHO, and what actions does the SEC undertake when the DTCC identifies large quantities of shares that have not been delivered?
“It is important that the SEC identify abuses and prevent manipulative naked short selling practices that undermine faith in the market. Thank you for your attention to this matter. I look forward to your timely response,” Senator Durbin concluded.
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whats the differance between a pr & rumor? the cult doesn't believe prs, filings, court testimony. if anything is negative they say it was hacked or the real truth was held back on purpose. for proof see above exchange between legal & myself. a pr & filing state the same survey but we dont know for sure its the same survey or if its the complete survey report. the fact that the guy doing the 8k names the survey, names the guy that looked at the survey, nothing said like he looked at part of the survey, yet we dont know for sure...bricks could fall on the cults heads, they could be lying in a pile of those same bricks & they would say it might not be bricks & that might not be our blood on the ground. it might be ketchup & they might be fake bricks.
-------------------- "keep your stick on the ice & your cup firmly in place"
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for the NSS freaks here is a site that has no ties to cmkx dedicated to the problem. GM & ford's are on the list. it covers pinks too. by the way...cmkx is not on it.
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********** has one goal: to even the playing field between institutional shorts and shareholders who have purchased bonafide ownership positions in US companies.
Not sure any of us own "bonafide" ownership positions. Looks like all are counterfeit.
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legal wrote: "Not sure any of us own "bonafide" ownership positions. Looks like all are counterfeit."
legal, I suggested that as a possibility a long time ago -- assuming a large NSS situation. All of you disagreed with me then. What has changed in your mind? And, if you have no "bonafide" ownership positions in the stock, you have no "bonafide" positions in the dividends as well.
However, relax. There probably is no NSS situation to cause alarm. CMKX is not on the SHO list, the SEC said at the hearing they believe it is not NS and one of your cult members (in a post back last year) said that E-Trade told him (even then) the SEC was "all over CMKX". I would guess that means they were watching it extremely closely....which would have included naked short selling.
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I bet if you ask the board that most everyone would think this is a scam and that the ones that pump this are the ones they are sick and tired of. I noticed that the scam JRSE was posted again today and the scams like this keep being popped up by pumpers to scam others into these POS. People get sick and tired of most of you that pump this crap. If you were suckered into these scam, it doesn't make it right for you to sucker others into it. People that would promote this are low IMO because it is what it is, a scam. If you can't recognize that then you shouldn't be investing.
quote:Originally posted by CHIMAN34: ed19363 . I agree, nobody has any facts and all this is just peoples opinions. When we see it in a PR then believe it. Why can't people just wait till the judge rules. Most here are cult, as in cult bashers. People get sick and tired of most of you.
posted
legal wrote: "Not sure any of us own "bonafide" ownership positions. Looks like all are counterfeit."
legal, I suggested that as a possibility a long time ago -- assuming a large NSS situation. All of you disagreed with me then. What has changed in your mind? And, if you have no "bonafide" ownership positions in the stock, you have no "bonafide" positions in the dividends as well.
Resp) What has changed is that our attorney has investigated and compiled information and has announced to the SEC judge that we are shorted into the trillions.
However, relax. There probably is no NSS situation to cause alarm. CMKX is not on the SHO list, the SEC said at the hearing they believe it is not NS and one of your cult members (in a post back last year) said that E-Trade told him (even then) the SEC was "all over CMKX". I would guess that means they were watching it extremely closely....which would have included naked short selling.
Resp) Is this the Etrade that is announcing a merger with USCA; while simultaneously announcing a three-way merger with Malers and Stone Mountain, and changing cusips daily for CIM; and on an on? Get someone who says the same thing each day.
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The lawyer hasn't proved anything yet Legal. There are signs that shorts can exsist but no proof. The Statistics he is using in greatly flawed. I pointed this out once and I think that I know what I am talking about. Look at profile under education. His assumptions are completely wrong. Not that I blame him, most people don't understand statistical analysis. They just think they do.
-------------------- Invest with your brain not with your heart.
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do i understand that the 3 way merger fell out of favor with the cult? we aren't getting rich off CIM now?...lol like i said legal that merger made no sence.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by xyz: I bet if you ask the board that most everyone would think this is a scam and that the ones that pump this are the ones they are sick and tired of. I noticed that the scam JRSE was posted again today and the scams like this keep being popped up by pumpers to scam others into these POS. People get sick and tired of most of you that pump this crap. If you were suckered into these scam, it doesn't make it right for you to sucker others into it. People that would promote this are low IMO because it is what it is, a scam. If you can't recognize that then you shouldn't be investing.
quote:Originally posted by CHIMAN34: ed19363 . I agree, nobody has any facts and all this is just peoples opinions. When we see it in a PR then believe it. Why can't people just wait till the judge rules. Most here are cult, as in cult bashers. People get sick and tired of most of you.
xyz, I have stated my reasons for believing in CMKX on multiple occasions. Yet, you, like the rest of the bashers come in here and call it a scam with no evidence presented. And you criticize those who have an opinion that is different than yours. Please present your position supported by facts if you want to have any credibility.
There are others here who are negative as well, and they don't present any facts either. They call what they present "facts", however, they are incomplete until the company reveals further information, or the SEC does. But at least some of them throw out an occasional 703 billion shares, etc. to support their position. You however just call it a scam and throw allegations at those that support it. Surely you can do better than that. IM Wallace, he would surely be willing to teach you the art of "bashing", and perhaps even allow you in his Band of Merry Men.
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there ya go again Ric...what am i going to do with you & wallace? things that are common sence, logical, simple math & reasonable do not apply to cmkx...as the cult has said many times cmkx is not just another company...lol
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by bill1352: do i understand that the 3 way merger fell out of favor with the cult? we aren't getting rich off CIM now?...lol like i said legal that merger made no sence.
It's still a possibility bill as both companies have links to CMKX. Apparently Etrade thinks something is going on, as they have charged members reorganization fees, already. Too bad they have lost any semblance of credibility with their "many" erroneous reports. This one might be their first accurate one.
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quote:Originally posted by Ric: The lawyer hasn't proved anything yet Legal. There are signs that shorts can exsist but no proof. The Statistics he is using in greatly flawed. I pointed this out once and I think that I know what I am talking about. Look at profile under education. His assumptions are completely wrong. Not that I blame him, most people don't understand statistical analysis. They just think they do.
Don't forget Ric, that he has a "confidentiality agreement" with CMKX. Think maybe he might already know the amount of family and insider holdings? If he didn't already have the proof, I doubt he would have gone out on a limb by telling the judge. "Not billions, your honor, TRILLIONS".
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legal now thats a load of crap. on this page & the last proof from the company was given that they either lied or have no clue what they are doing. the company pr said hundereds, the 8K stated the survey by name, it didn't say part of the survey. the company pr did not name a claim number the 8K did & it also named the survey. how in aunt martha's honored name can you say we don't know? where does it might not be the entire survey even entire your mind? the guy went into great detail explaining things, what kinberlite is, where its found, the magnetic properies used to locate it & what is needed for the next step. but because he used the claim number it might not be the complete survey???!!!!! thats just damn stupid.
-------------------- "keep your stick on the ice & your cup firmly in place"
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And I guess the brokers are never wrong. E-trade says merger. Well Ameritrade says CMKX is filing bankruptcy. I guess if one must be true then the other does. Yeah that makes sense. Oh thats right Ameritrade is in the conspiracy with the SEC and the MM's to disrupt CMKX's business.
-------------------- Invest with your brain not with your heart.
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quote:IM Wallace, he would surely be willing to teach you the art of "bashing", and perhaps even allow you in his Band of Merry Men.
I don't know about that. Last I heard, membership was closed. However if a true "diamond in the rough" showed up, (no pun intended) he might be allowed in.
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legal what the family owns is supposed to be reported or at least honest companies do & this comany has been naked shorted, on the SHO list & just got off. if you notice in this change of ownership filing the guys kids are included. they are not insiders & they aren't out of school yet aas in high school.
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Facts huh. From what I see, the bashers give a lot of facts. Its the pumpers that seem to only bring theories and reposts of theories.
Facts:
. gagged TA even after o/s was given still gagged from giving share structure . 703 Billion O/S . 407 billion on shareholders list . Was told we would be pleasantly surprised by O/S and made to believe it was under 400 billion . 2 .0011 micron size kimberlites . only 15 holes drilled, nothing found in any except in one hole see above . Made to believe 100's of holes drilled . Voids in records . Auditors can't get records to do audit after repeated requests . SEC investigation . Canada providence suspends trading for selling unrestricted shares . Lied on form 15 more then 100% off . UC takes 5th . Mahue doesn't know anything about operations . Mahue didn't know auditors weren't getting records . still hasn't filed, claims voids in records . runs company from house, was told had offices. more lies. . UC at race track almost every week. . Advertises stock not company (Got CMKX) . Refuses to give investors basic information on company. . Refuses to give share structure . UC says he dosen't know how to run a public company . Drilling report says to give it up people. . UC blames others for mis-management
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.
[ May 23, 2005, 18:05: Message edited by: Ric ]
-------------------- Invest with your brain not with your heart.
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Wallace, he would surely be willing to teach you the art of "bashing", and perhaps even allow you in his Band of Merry Men. ___________________
Hang around xyz. Another objective opinion is always refreshing and you are welcome.
We take most of what legal says with a grain of salt since he IS "someone who says the same thing every day".
If there is a band of "merry men", anyone can assure you they do not pump, hype, distort, divert and disguise as does legal and as do the cult members. Legal is right up there with Dr.Dementia, Zen, Green Baron, and others we once knew well.
PS: If there ever is a class action against UC/CMKX and others, do not be surprised if those above as well as certain Christian Trader Members will be included because of the outlandish pumping.
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Jade collection purchase (still not recinded?). Conflicts of interest with family and other Co's. No successful track record. Questionable pasts of self and close associates. Wife signing company checks/documents. Credit card and conflict free diamonds flops. Statement that Melvin would always have job.
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Another was the TA change fiasco - Global to Pacific to Global. That's where it came out there were 400 billions shs O/S which Melvin denied.
CMKM Diamonds, Inc. Announces New Transfer Agent 6/29/2004 9:56:00 PM D. Roger Glenn of Edwards & Angell, attorneys for CMKM Diamonds, Inc. said "The Company is proud to announce this relationship with Pacific Stock Transfer .
MELVIN ON THE AIR HE DENIES THAT THE OS IS 400 BILLION!!!!
PS: Good ol' D.Roger Glenn. Things didn't quite turn out so well for him....except for the $$$$$.
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how many times has legal been challenged to provide 1 positve provable fact. the best he can do is list the number of claims & the fact they are near shore gold & debeers. thats the extent of positive information that can be documented period. & in four yrs they have found .011 micrograms of diamonds. to that add $60,000 of income from a gold mine in south america. the NS has yet to be proven period & until it is & documented its all smoke & mirrors. & even if proven it still has a long way to go to give a stock with a 703 billion o/s a boost from .00005.
-------------------- "keep your stick on the ice & your cup firmly in place"
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bill, who was the guy who said bail from this pig when the O/S was leaked? He was from FL I think, a pretty sharp guy, they used to interview him on the radio. I think Melvin turned on him like a snake. He was one of the faithful until the 400B was leaked. After he said I'm selling the faithful labeled him a quack. Funny how a hero becomes an idiot overnight with this bunch.
You remember the guy.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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That's it, You remmebr him Up? What was the pps then? .0005? Good call. Like a fool I dismissed the guy, and listened to this koolaid crap, knowing 400B was an impossible number. That run to .001 made everyone drunk with greed. How the hell did they run this pos to .001 ??? I saw it and still don't believe it.
quote:Originally posted by Upside: Joel
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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