posted
" am concerned about how WE (individuals) go about offering OUR OWN opinions without being thrown into the same kettle with those fish tho..."
Easily, when you see all signs pointing to disaster you revaluate your position, and hopefully change your opinion. You don't twist every negative word you kand find into something 180 degrees from its original intent, and surely you don't do it for over a year.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Based mainly upon the Judge's statement to UC about his refusal to testify, the fact that UC purposely made no attempts to inform shareholders of facts and because of her awareness of managerial incompetence, the Judge will rule in favor of the SEC and permit revocation of CMKX.
She will also see that action as being a protection of anyone else buying into the CMKX fiasco. She knows there is nothing that can be done to help people who have already purchased CMKX stock. They will have to suffer the loss and take whatever action they can against UC/CMKX.
Short, sweet and simple as that!!!
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
RE: The issuance of 2 trillion shares and cancellation of 1.4 trillion shares:
That makes sense because whenever shares are traded and recorded under new ownership, new certs are printed and old certs are destroyed. With 778 billion shares issued and outstanding and with the huge trading activity in CMKX, it would be extremely easy to accomplish the above and still leave about 778 billion outstanding.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
ya think the cult will have a song written "The Day CMKX Died"? maybe a reunion set up. they can trade certs & stories of the great diamond finds, naked shorted shares, how evil mm's & even worse paid bashers ruined their dreams, how UC is off doing charity work. they could get uncle mel to make a guest appearance.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
Glass wrote: "" am concerned about how WE (individuals) go about offering OUR OWN opinions without being thrown into the same kettle with those fish tho..."
Glass, some things will never change. The best we can do is offer valid, constructive opinions and bear the consequences of reactions of extremists or those who refuse to look at things objectively....for whatever their reasons.
In this case (CMKX), cult members and avid believers carried things to well beyond reasonable justifications.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
Wallace: I am very happy that you and I had our differences earlier. This helped me to see that CMKX was not going anywhere.
I am among the few who had accumulated at 0.0001 and was able to sell on the run up to 0.0009. I was also able to get rid of more when the crap started to hit the fan.
I am now left with 5 mil and I have the certs, so I will keep them to show my grandkids what a terrible scam this was and hopefully teach them a lesson to be careful when investing.
Now over time we have become friends and I truly treasure the day that the two of us butted heads.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
i definitely found a pattern of Chrstian traders well before Debi went to the CT board openly....
Bam Bam showed up at the same time she did, and there was that guy Paul before them, in the second half of 03 early 04 before he left...
Noah showed up later as i recall, it's hard to tell whether they were "compensated" or just like purple kool-aid...so many DEFINITELY were compensated....
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
When i heard UC took the 5th all i could think about was about a month or two ago when congress dragged the baseball players into hearings to discuss steroids and Mark Maguire sitting there in tears taking the 5th.Now granted he hasnt been convicted of anything but who doesnt beleive that he took them now.Same could be said about Urban now, not convicted of anythingbut all the signs are pointing to this being a con.(hope I'm wrong but not looking good.)should know by the 15th of July.
-------------------- I work a 40 hr week for a living,sending it on down the line. Posts: 20 | Registered: Feb 2005
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posted
i'm bored so i just listened to the first few minutes of the green baron chat with UC & RW that was used in court yesterday. first question to UC..."where are you on reporting?" UC says hi & thanks for having him & then says "we are ahead of schedule on where we should be in reporting"....i had to shut it off, my boss would think i was nuts sitting here lmao & nobody around. that was in Otc. 2004. its a good thing he didn't think he was behind schedule my 16 month old grandbaby would be old by the time he got it out.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
"Evidence of a naked short, and alteration of cusip numbers, Counterfeit Securities"
Now this will become their new position for false hope. They will use this to keep their failed dream alive and deny their poor judgement. Others will capitalize on this opportunity to milk them a little more, with more legal actions that will go no where. I am betting these folks that have made all these wild claims and thoeries that fall apart quicker than they can make new ones will be influencing people to join any and all future actions. For more than a year now they have been wrong in their theories, and yesterday's hearing should indicate all is lost, but you watch them run with this nonsense, and without a modicum of proof. Of course they are going to tell you it can't be published because it's a criminal matter now. If ANYONE puts another dime in this lost cause they deserve to lose it.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
YOU ALL CAN WISH AND HOPE FOR THE DEMISE OF CMKX, BUT YOU MIGHT WANT TO WAIT UNTIL A DECISIONS IS MADE IN THIS CASE AND WE SEE THE COMPANY'S RESPONSE. VERY FEW PEOPLE HAVE EVER GONE TO JAIL FOR FAILING TO FILE, BUT MANY HAVE FOR COUNTERFEITING.
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by legaleagle: YOU ALL CAN WISH AND HOPE FOR THE DEMISE OF CMKX, BUT YOU MIGHT WANT TO WAIT UNTIL A DECISIONS IS MADE IN THIS CASE AND WE SEE THE COMPANY'S RESPONSE. VERY FEW PEOPLE HAVE EVER GONE TO JAIL FOR FAILING TO FILE, BUT MANY HAVE FOR COUNTERFEITING.
So what will they say in the response. "We would respond but we forgot to formulate one" ? Or will it be in the 2 file boxes
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by Doctoall: Wallace: I am very happy that you and I had our differences earlier. This helped me to see that CMKX was not going anywhere.
I am among the few who had accumulated at 0.0001 and was able to sell on the run up to 0.0009. I was also able to get rid of more when the crap started to hit the fan.
I am now left with 5 mil and I have the certs, so I will keep them to show my grandkids what a terrible scam this was and hopefully teach them a lesson to be careful when investing.
Now over time we have become friends and I truly treasure the day that the two of us butted heads.
posted
legel, the company lost the right to have any say in anything. they had their chances. they could have contacted the t/a before filing the form 15 in the first place. she stated under oath they had over 300 6 months before filing that form. they have had over 2 yrs since to file, report, get ready to report anything.there is no rule, law or even a hint that a 10Q must include a n/s period. thats a 5 yr old kids lie to get out of trouble & complete BS & it doesn't matter how big the supposed NS is. the only person with any say is the judge. why do you think RW couldn't remember anything? i bet 50 ppl in that room knew the numbers. why would the great Roger run from cmkx yet stay with USCA? why would the auditor quit? why did NM get away from cmkx? its a sink hole & they dont want to go under with it. according to your reposts this morning the most damage came from CMKX witnesses plus UC taking the 5th. there are no deals to be made, no but if's, nothing is left except the judge saying close the door on your way out. they have UC lying in prs about an office, on tape with green baron on reporting status, the o/s alone is damaging, would not turn over info when the ppl they are paying ask for it or there is no info to turn over. the judge was given a no-brainer, revoke, plain & simple. and IF frizzy can prove a NS it gets flushed with the rest because there is no company left to cover shares for.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
legal, would you be kind enough to provide us with any kind of proof you or anyone else has of counterfeiting? I suspect this came from your CT forum, so please tell us about it. If you cannot, then please be kind enough not to bring it up again.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
I for one never believed that anyone was going to get jailed. I do believe CMKX will be revoked though, rendering your investment, WORTHLESS. I know it hasn't been officially decided but it's pretty much a forgone conclusion, "REVOKED" Another thing their isn't any NSS, or altered cusip numbers. Show me evidence of it. You have done nothing but speculate and make false fantastic claims like that for a year, and NONE have materialized. Why should we believe you now?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Okay, it's way past 10 AM on the west coast. Anybody know a little mouse that might have a report on what was accomplished (if anything)???
Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
Even if they're not revoked, they're still under investigation for a multitude of other sins, as is USCA. After what came out yesterday, it's simply a matter of time before they are shut down for good, in my opinion of course.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Will wrote: "I for one never believed that anyone was going to get jailed. I do believe CMKX will be revoked though, rendering your investment, WORTHLESS."
Will, my friend, I think the CMKX thing has been the consumate fraud. Someone, expecially UC, should go to jail and he just might get put there. I don't think all the evidence against him has come out, but what has developed could be enough to convict. If carried beyond the SEC thing, others like Glenn, might be forced to provide evidence that could put Casavant behind bars. I am very surprised that he was not called by the SEC as a witness.
Then, there is the IRS. It's my understanding they customarily review court and proceedings similar to the one discussed. Is UC going to take the 5th when the IRS tells him (not asks) to produce an accurate money trail. Guess what!!!
Remember, there were about 778 billion shares issued by CMKX in return for cash or other assets. Who got it and precisely what happened to it is not a particularly difficult question to ask. Oh yes, and provide receipts (which they apparently do not possess)!
posted
That's how they got Al Capone, so it isnt beyond imagination to put UC away for the same thing. We can only hope that SOMETHING will happen to him for screwing us. He deserves nothing less. IMOIMOIMOIMOIMO....IMHO
Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
I realize that, Wallace. Mr. legal was referring to this action by the SEC. Again, taking other's position to the full extreme while mitigating his. Now you are 100% correct, if there are other actions, criminal that arise from this hearing, and/or an investigation and an accounting to the IRS, I would expect penalties to include a stay in the gray bar hotel. If that happens, UC will be sent away to college for a real education.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
i'm sure the IRS is waiting in the wings. but again since cmkx has done nothing & according to the info from yesterday cmkx is 36 million in the hole they may have a way out. now if UC didn't declare everything on personal taxes thats a differant matter. the company may end up fined & all claims may have to be sold to cover fines & taxes but unless its a huge number & IRS fraud in most cases the parties get penaties & fines. the IRS could careless about scamming shareholders, they just want money.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
That's nice, isn't it? Rob a bank for 30 million and you're getting locked up for a long time. Rob 60,000 investors of the same 30 million and you get fined.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
loopholes galore too. according to USCA they only made $60K last yr on gold mining plus whatever selling shares. the write offs will be huge. his house will be a write off on personal taxes or part of it. when all said & done a good tax guy can cut everything down big time.
i would be good to be able to sell the claims & mines to a JV for shares & give them to shareholders. that way they might get a little back instead of going to the IRS.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
Maybe there will be a group of shareholders that will get together and legally go after Urban and his pumpers. I am sure that it will happen very soon.
I know that some shareholders have complained to the SEC and have sent transcripts of postngs on certain threads.
I for one will join in on a lawsuit to go after Urban. I hope that they get him on criminal charges, he is no different than Lay or others that they are currently after.
I bet that Urban's pants are fully crap now, smiling but crapping his pants
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Of course I would not want to be in his shoes when those angry shareholders go looking for him.
And of course there will be alot of angry people looking for those who pumped to their friends and neighbours and on these threads
Legal, not intimidation, just telling it like it is, never stand between a man and his money, you mess with a man's money and he is good to go
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
legel the odds of that happening are greater the the o/s & your ns combined
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Originally posted by legaleagle: Y'ALL ARE GOING TO FEEL PRETTY SILLY......SOON.
Not me I am not drinking any of the kool-aid, Legal I would think that you are going to be the one who will feel silly.
I may need to get some professional help for the cult because when it finally hits you people, geez its not going to be a pretty sight.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I got to think this over a bit and have thought through the evidence for both sides. What is the judge mainly looking for. How does she protect shareholders. How can certain facts be spun for either side. So here are some thoughts.
1. I think they do have to report counterfit securities if enough evidence is presented. Because Frizzell was asked to the meeting I would think they want more proof.
2. A lot of conflicting avenues the lawyers went down.
a) sec tried to say CMKX was a pump and dump by using the Green Baron and the volume. Problem is that Green Baron buys a position and pumps it, they were not paid by us. It was their pump not CMKX's. Urban may not have owned shares at the time to dump and the AS was eaten up until NM gave the 75 Billion back.
b) CMKX tried to present themselves as a viable company. Revenue. A gold mine in operation.
This is the one that struck me.
It took days to download all the mining claims from the Canadian govt. Doesn't this say the claims are real and extensive. That is why I bought CMKX.
I doubt they get revoked and they may have the goods. But no one knows until they report something.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
Johnny wrote: "What is the judge mainly looking for. How does she protect shareholders."
JR, try looking at it this way.
The Judge threw out the NSS issue, so she is looking only at did they (1) falsify Form 15 and (2) neglect to file 10Ks,10Qs, etc. They admitted item (2)....that they did not file. The TA testified that they had more than 300 shareholders when they filed Form 15 and that the TA was never contacted about the number of shareholders as it related to filing that Form 15. Furthermore, she stressed the point that UC's taking the 5th would carry a negative impact upon her decision and is well aware that the lack of record keeping means that UC/CMKX had not intended to file. She can do nothing but approve the SEC's request to revoke CMKX from trading.
As to the second part of your questioning....protecting shareholders, what can she do for present and possible future shareholders. She can protect future shareholders from buying by approving the revocation. It's that simple for that one.
As to the present shareholders, she can protect them from purchasing more CMKX shares by that same revocation. Can she correct or change the past? Obvious answer is NO! The best she can do at this point in time for current shareholders is try to bring to light as much information as possible. Such information might afford them other opportunities to litigate for some recovery against UC/CMKX. The problem there is that it would be miniscule in terms of monetary value, but may lead to satisfaction in causing jail time.
Such a revocation would also provide a warning to any other parties from trying to do likewise with other securities....thereby providing some protection to the general trading public.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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How come the Owner's Group share count is going lower?
legaleagle Member posted May 09, 2005 10:58 -------------------------------------------------------------------------------- Street Shares: 287,752,937,029 Cert Shares: 45,295,352,590 Total Shares: 333,048,289,619 Signed Agreements: 4895
Here is the current numbers below:
Street Shares: 262,216,907,034 Cert Shares: 29,596,309,883 Total Shares: 291,813,216,917 Signed Agreements: 4948
Posts: 102 | Registered: Feb 2004
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How come the Owner's Group share count is going lower?
legaleagle Member posted May 09, 2005 10:58 -------------------------------------------------------------------------------- Street Shares: 287,752,937,029 Cert Shares: 45,295,352,590 Total Shares: 333,048,289,619 Signed Agreements: 4895
Here is the current numbers below:
Street Shares: 262,216,907,034 Cert Shares: 29,596,309,883 Total Shares: 291,813,216,917 Signed Agreements: 4948
CONSTANTLY AUDITING THE NUMBERS AND KICKING OUT "QUESTIONABLE" MEMBERSHIP APPLICATION NUMBERS
Posts: 2375 | Registered: Nov 2004
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