Nope, that's when the "fruit roll up" theory takes over. Face it, regardless of what happens, this stock will forever be somewhere near the top of all micro message boards.
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Ah yes, the ole fruit roll up trick. I forgot about that one. All we have to do is figure out which companies will be included out of all the JVs. And someday, Casavant will be the PREMIER name in diamonds. At least I remember reading something about that a couple years ago. The date was something BC (before cars).
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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Just think, over the years this company has been a shell, then it went after diamonds, then stuffium, then race cars, then oil. And as a grand finale, it is pretending to be a dragon-slayer. Gonna put that ole SEC right back in it's place. Yessir, CMKX is gonna right all the wrongs in the stock market for the last 71 years. Not bad for a company that doesnt even have an office.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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I wish someone would come here and lay out the current fruit roll up theory. I don't think it could be done but I don't know the current thinking.
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quote:Originally posted by Upside: I wish someone would come here and lay out the current fruit roll up theory. I don't think it could be done but I don't know the current thinking.
The theory is that if CMKX is revoked, they will roll the shares into a new company. They would use CIM, but that symbol is already taken. So they will have to come up with a new one. I've already suggested PUKE. I see some problems doing it, though, since basically it's illegal. But that hasnt stopped anyone so far. Plus the problem of finding enough nitwits to go through all this again.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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quote:The theory is that if CMKX is revoked, they will roll the shares into a new company. They would use CIM, but that symbol is already taken. So they will have to come up with a new one. I've already suggested PUKE. I see some problems doing it, though, since basically it's illegal. But that hasnt stopped anyone so far. Plus the problem of finding enough nitwits to go through all this again.
Do you suppose that's even possible? If they're revoked, the judge isn't just revoking their symbol, she'll be revoking their corporation and management as a whole. Are people assuming she's saying "keep doing what you're doing guys, just call yourselves something else." Also last time I checked, any IPO's have to go through the SEC. Wonder how they'll feel about it.
So if CMKX is revoked, there's now 700-800 billion worthless shares out there. Let's say that Urban decides to start up another company. Do these people really believe that out of the goodness of his heart, he's going to start his new company and just give away new shares in the new company to everyone holding old CMKX stock? Brand spanking new company with an o/s of 800 billion? That is truly insane.
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Upside, the cult has come up with so many insane ideas, I dont believe any of them. The way I see it, CMKX is revoked, we all lose our money, the certificates are toilet paper, electronic shares disappear into the cosmos. If UC opens another company somehow, I wouldnt touch it with a mile long pole. This guy must have agendas that I cant even imagine. And none of them (IMO) have anything to do with making anybody rich except himself.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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The first step to recovery is admitting that you have been "scammed". And I admitted that some time ago. While it's hard to admit that you were wrong all you have to do is say "I Was Scammed By Urban Casavant".
CMKX = Scam
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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quote:While it's hard to admit that you were wrong all you have to do is say "I Was Scammed By Urban Casavant".
I'm taking it one step further, I'm having it printed along with other snappy "scam" phrases and printing them on tee-shirts. One day after revocation E-Bay is gonna be flooded with "Urban Scam Tees" at 10.99 each (+5.99 shipping). As I've said over and over, one way or another, this stock will pay off for me.
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well i'm up to page 31...CMKX says naked shorting is not the reason they didn't file. so much for abbogirl & how any real cpa would never file without including NSS....a few others posted the same thing earlier today.
-------------------- "keep your stick on the ice & your cup firmly in place"
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rotflmao...she didn't allow ns evidence in part because "CMKX has not yet made the required filings."....2 more things posted that were not said...the judge never asked what NNS is & the SEC never said it wasn't NS'ed...they just didn't stipulate that it was. they did have a rebutal witness there if needed to show it wasn't.
-------------------- "keep your stick on the ice & your cup firmly in place"
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no big deal ed...i get home from work, i drink 2 cups of coffee & read chit on the web...might as well be this cause the Pistons blew game 5, dont care to read the media gloating.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by Upside: Posted by Doctoall:
quote:While it's hard to admit that you were wrong all you have to do is say "I Was Scammed By Urban Casavant".
I'm taking it one step further, I'm having it printed along with other snappy "scam" phrases and printing them on tee-shirts. One day after revocation E-Bay is gonna be flooded with "Urban Scam Tees" at 10.99 each (+5.99 shipping). As I've said over and over, one way or another, this stock will pay off for me.
Did I just read the above correctly? Upside either calling or suggesting CMKX is a SCAM!!! WOW!!! Never thought I would hear that from him. I want one of those T-Shirts, Up! QUACK! QUACK! QUACK! LOL
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My cost basis is about $5.00 per shirt. I'll sell them to members of the "merry men" at cost. You want the duck noise on the front or back?
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After it is revoked, I am going to print up ones that say.
We won!
CMKX will be back
Because even after they are revoked the koolaid drinkers will come up with some master theory that this was all planned and UC will rise up and bring us to the promise land.
I'll sale mine for $25.00 plus $5 S/H with the promise of donating $5 to Frizzle to fight for our right to be reinstated. I bet I will Make a dump truck load of money.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by Upside: Posted by ed19363:
quote:The theory is that if CMKX is revoked, they will roll the shares into a new company. They would use CIM, but that symbol is already taken. So they will have to come up with a new one. I've already suggested PUKE. I see some problems doing it, though, since basically it's illegal. But that hasnt stopped anyone so far. Plus the problem of finding enough nitwits to go through all this again.
Do you suppose that's even possible? If they're revoked, the judge isn't just revoking their symbol, she'll be revoking their corporation and management as a whole. Are people assuming she's saying "keep doing what you're doing guys, just call yourselves something else." Also last time I checked, any IPO's have to go through the SEC. Wonder how they'll feel about it.
So if CMKX is revoked, there's now 700-800 billion worthless shares out there. Let's say that Urban decides to start up another company. Do these people really believe that out of the goodness of his heart, he's going to start his new company and just give away new shares in the new company to everyone holding old CMKX stock? Brand spanking new company with an o/s of 800 billion? That is truly insane.
"Nitwits" will not be hard to find to follow the CIM (whatever) roll-up. All of the longs already have substantial shares tucked away in their portfolios.
Management is no problem. Do you think she will revoke IBM. Don't think so. And there is always Ron or Victor to take the helm with Urban's direction.
And of course it's still your assumption that CMKX will be revoked. As of now I am betting on an ordered time frame to file. But we will see. Chances are we will know where she is headed soon if she ignores the SEC's motion to strike. That is the poltically expedient thing for her to do at this point, not get mixed up in the "pi$$ing" contest.
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I don't think that she can issue a "file by x date or be revoked order". I remember reading where another company requested that and the judge legally couldn't do it. I believe it's either dismiss, suspend or revoke.
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They stated that in the SEC Brief. Thats why in the brief they made it clear that revocation should be the choice because if they did file later then they could always request for an appeal or reinstatement. But if you only suspend and they still didn't file then they would have to re-try the case all over again. It was there main point on why revocation was the better option.
quote:Originally posted by Upside: I don't think that she can issue a "file by x date or be revoked order". I remember reading where another company requested that and the judge legally couldn't do it. I believe it's either dismiss, suspend or revoke.
-------------------- Invest with your brain not with your heart.
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Page 14 of the hearing shot down Frizzles NSS statements. They weren't part of the hearing. New evidence will not be allowed. She said she wasn't allowed by law to recieve new evidence. No one could slip her an exhibit and she could only decide the case from the exhibits on record.
-------------------- Invest with your brain not with your heart.
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the judge brought up a recent case where a company was allowed 60 days to file & the SEC said ok. but they had proof of correct & complete records from the way it was said & they filed in 60 days...it never went to court. i'll say this Lee Webb posted completely correct info. i'm on page 136 & so far all he didn't post is filler & yacking about which exibit is which. might be a feww things he missed but nothing to change what meaning came from the testimony. ya think the cult will say i'm sorry...lol they have been bashing everything he posted saying he left all the good parts out....so far no good parts for the cult.
-------------------- "keep your stick on the ice & your cup firmly in place"
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ok page 137...one of the ppl webb skipped, not sure why but he did. he talks about the volume increase in cmkx right after the form 15 was filed. it started in august of 2003. anyone that watch's stocks knows that unless there was news of getting a few billion in income a monster increase in volume means 1 thing & 1 thing only...DILUTION. isnt that about the time the pumper companies started too? the pro cmkx web sites??? green baron came in not long after that too i think. can you say PUMP & DUMP.
-------------------- "keep your stick on the ice & your cup firmly in place"
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The only way they'll avoid a revocation is if the judge for some reason believes they are honestley trying to complete their financials she might order a suspension which would almost be the same as an extension. Granted they'd have to re-try the case if they didn't file during the suspension but it'd be a quick, slam dunk case. That's about the best they can hope for.
Disclaimer: All of the above is IMO/IMHO (whichever you prefer), don't invest more than you can afford to lose, these are just opinions and I ask that you treat them as such, I have been compensated .10 for the above post (got a raise, sorry bill) by a paid bashing firm. If you respond to this post I will get an additional nickel per responce. Got CMKX?
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Should I make up a new name and respond to you a couple hundred times to help out there, lol.
I am looking for someone to say they are mining bronze next. They found a truck load of it. CMKX has the only mine in the world were copper and tin melted together under the intense pressures of the last ice age to become the worlds first naturally occuring alloy.
-------------------- Invest with your brain not with your heart.
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