posted
Upside, we will probably never know what machinations and subterfuges were used in this stock. There are so many things that dont make sense. One thing I am sure of....we were lied to by UC. The whole "soon" "close" fiasco over the period of a year, and still no filing. I count that as a bald-faced lie, and if they ever get him on a stand he will probably use the fifth again.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
Upside, we will probably never know what machinations and subterfuges were used in this stock. There are so many things that dont make sense. One thing I am sure of....we were lied to by UC. The whole "soon" "close" fiasco over the period of a year, and still no filing. I count that as a bald-faced lie, and if they ever get him on a stand he will probably use the fifth again.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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quote:Originally posted by Upside: I have a very simple question that is probably going to get a very complicated answer but here goes:
It seems to be the sentiment nowadays that it was UC's plan all along to get revoked so he can roll all of the assets into CIM. If that is the case, why go through all of this hoopla to accomplish it? Why not effect the transfer of assets while CMKX is still operating then shut it down once done? Same end result and a much cleaner way of achieving the same goal.
Naaa. Most criminals don't think much beyond the money. If UC is a criminal type, then he probably figured he'd be better than the others and be able to get away with it. Money does things to the mind, and lots of money eliminates all trace of intelligence if there ever was any to start with.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
Agreed Thorn, but I'm basing my question on an assumption that he is not a criminal and actually is looking out for the shareholders. If that's the case, as many believe, why not transfer everything in a clean and simple, not to mention much less costly manner?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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quote:Originally posted by Upside: I have a very simple question that is probably going to get a very complicated answer but here goes:
It seems to be the sentiment nowadays that it was UC's plan all along to get revoked so he can roll all of the assets into CIM. If that is the case, why go through all of this hoopla to accomplish it? Why not effect the transfer of assets while CMKX is still operating then shut it down once done? Same end result and a much cleaner way of achieving the same goal.
That would allow the NS to get off the hook.
Posts: 2375 | Registered: Nov 2004
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Well, I think basing your question on an assumption that he is actually looking out for the shareholders might be your problem. LOL
That's were the faithful's problem all began, with the premise that UC had their interest at heart.
Like noah said, he started with the premise that UC was a good decent person and works from there. He is blinded by that assumption, and refuses to see any negatives.
So, to answer your question, neat and clean would have been the way to go to achieve the transfer into CIM, but the cult refuses to see the negatives, and imagines that this was engineered to be this way and is Urban's "Master Plan". NONSENSE !!!
-------------------- 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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quote:Originally posted by Wallace#1: "The Owners Group's core argument (both in this motion and its other pleadings) seems to be that this court should maintain the liquidity of CMKM Diamonds' stock (by refusing the Division's revocation request) so that current shareholders may retain the option of selling their holdings to unsuspecting members of the investing public," Ms. Hakala says." ---------------
Exactly what I have been saying in more ways than one for over a year....not about revocation but about the aims of the cult members in general.
Evil cult members, lurking about, waiting for some unsuspecting single mom to bring her milk money to the exchange, or a poverty sticken widow to put her last $100 in the market. Yep, ya got us all figured out Wallace. But the market is, and has been, open on CMKX, yet very few sales. Doesn't seem to be any rush to unload.
Posts: 2375 | Registered: Nov 2004
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Who wants to sell at .00004 what you bought for .0001 or more? Gotta be even dumber than Koolaid drinkers to do that. Somebody puts the buy price at .0002 and watch a bunch of people bail out....LOL
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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Member Rated: posted July 05, 2005 16:09 --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Money does things to the mind, and lots of money eliminates all trace of intelligence if there ever was any to start with.
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i think this applys to those that hope for big money too...as in the cult
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Evil cult members, lurking about, waiting for some unsuspecting single mom to bring her milk money to the exchange, or a poverty sticken widow to put her last $100 in the market. Yep, ya got us all figured out Wallace. But the market is, and has been, open on CMKX, yet very few sales. Doesn't seem to be any rush to unload.
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who do you think UC & the main pumpers sucked in from the start? this is why us so called bashers are still here legal?
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Today at 4:08pm, whetstone wrote: Actually,this means that the SEC admits that CMKX is worth at least 200 million dollars. SGGM bought 5% and the SEC says that the 5% is worth at least $10 million so that makes CMKX worth a minimum of $200 million. Cool.
i'm sure the SEC investigated the deal & found it well worth the money. why i'm suprised they didn't write a glowing letter to sggm shareholders congadulating them on the great CEO & his shrewd purchase
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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i know i said i was done with pb32 but i was bored out of my mind. the company i ran for 7 yrs closed the doors without warning friday. spent all day waiting on a phone call about a new job doing the same thing for another company only he is still at his cottage up north. tho i'm not sure which is worse for the mind, concern over my next pay check or reading the drivel at pb32...lol
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Bill, Bill, Bill.....sheesh, all ya hadda do was hang onto a million shares for 10 more days, and you'd never have to work again.....
Whoa....somebody smell Koolaid in here?
Can you hear it?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
1 question legal...how does this brainchild think holders of CIM will reap great profit?
-------------------- "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
Recap on Sloops information: CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION, 20th of July is for filing, restriction lift on UCAD and GEMM coming,CMKX PPS will start climbing gradually very soon. CIM is IPO'ing between Sept and Nov. 05. Remember the 3.5 number, for every 3.5 shares of CMKX you get 1 SGGM share
Posts: 2375 | Registered: Nov 2004
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They think SGGM will be worth something. But they seem to keep forgetting that by giving them 200 billion shares SGGM all the sudden goes from 17 million o/s to 201 billion o/s. PPS goes from .0098 to .0001. Thats in a perfect world. In the scam world, SGGM is having a hearing to have its registration revoked. The pps is going to drop like a rock after the halt. And they don't even have the excuse of filing a false form 15. This is getting so funny, sad but funny. I hate saying that, but were else can people be proud to own two companies that have charges against them for breaking the rules.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
I was bored too so I stopped by. I found a new joke now. How many morons does it takes to form a PB32 thread?
You posted on it so I know you seen it. But this about SGGM being a pinksheet so they don't have to file. This is so stupid. I really just can't understand how they breath on there own. I mean they were a OTCBB and refused to file so the OTC dropped them to pinks. That has nothing to do with the SEC and SGGM's requirement to file. Once you register your company as a reporting company with the SEC the SEC could care less what exchange your on. Each exchange has there own obligations to be on that exchange but that has nothing to do with the SEC that is the exchanges requirements. The pinksheets don't require filing but just because your on the pinks doesn't mean you may or may not be a reporting company with the SEC.
quote:Originally posted by bill1352: i know i said i was done with pb32 but i was bored out of my mind. the company i ran for 7 yrs closed the doors without warning friday. spent all day waiting on a phone call about a new job doing the same thing for another company only he is still at his cottage up north. tho i'm not sure which is worse for the mind, concern over my next pay check or reading the drivel at pb32...lol
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Recap on Sloops information: CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION, 20th of July is for filing, restriction lift on UCAD and GEMM coming,CMKX PPS will start climbing gradually very soon. CIM is IPO'ing between Sept and Nov. 05. Remember the 3.5 number, for every 3.5 shares of CMKX you get 1 SGGM share
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lets get this straight cmkx & jv's together worth over $1 trillion. cmkx is going to file 5 days after its revoked & SGGM finally gets handed out. great....i'm happy for ya...1 problem...i'm not going to bother adding them all up but using debeers value as a starting point i'd say $1 trillion would make this little group of under .50 pps companies more valuable then 50% of the gold & gem companies in the world added together. whats even more amazing is the the canadian companies have not reported anything that would trigger a buying spree of their stock. the companies that were halted because they used diamondferious instead of the facts. if such was true the smart thing would be to open accounts that traded the canadian exchanges & buy them since they have o/s's under 20 million. why a 1 trillion value would run them from .30 to $500 in a few days. why mess around with stocks that have 100's of billions of shares. thanks to UC us lucky shareholders that have USCA stock will get at least $100 per share.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Saw your post about the closing on Fri. Hope all works out well for you. And Upside thought he had a bad 4th, huh?
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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by the way ric...i got $5 says SGGM is well over 17 million now. also pb32 was using the pink thus no filing arguement for cmkx, bnot so much sggm. the fact that the lawyers never said that or the fact that cmkx retracted the form 15 stating they should have been filing went right over their heads
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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thanks wallace...sure changed my weekend plans...lol was chatting with will in IM when it happened. the company i'm going to talk to tried to hire me away from this company 3 yrs ago. they have been using me & my crew on important jobs ever since, i also quote jobs for them when the owner can't get there so i'm sure i'll at least get a job. my only question is will it be enough to cover my bills as they stand today.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Member Rated: posted July 05, 2005 23:41 -------------------------------------------------------------------------------- Hey bill, I see your a Dr. now. Man that should be a huge pay raise. Dr. of Diamonds, wow. Don't you feel special. ============================
just think i had a whole thread directed at me & now i'm a Dr. of diamonds & all in the same week...i am honored...lol
-------------------- "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: Recap on Sloops information: CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION, 20th of July is for filing, restriction lift on UCAD and GEMM coming,CMKX PPS will start climbing gradually very soon. CIM is IPO'ing between Sept and Nov. 05. Remember the 3.5 number, for every 3.5 shares of CMKX you get 1 SGGM share
1 Trillion eh?
To put that in perspective for everyone, 1 Trillion is pretty much the sum of the following 3 companies market capitalization COMBINED:
Exxon Mobil Corp = 371 Billion General Electric Company = 368 Billion Microsoft Corp = 266 Billion
How crazy are these people gonna get?
Posts: 204 | Registered: Jan 2005
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bill, I would bet a lot more then that if anyone is stupid enough to take it, lol. That number is from September. I say they have diluted like wildfire since then.
quote:Originally posted by bill1352: by the way ric...i got $5 says SGGM is well over 17 million now. also pb32 was using the pink thus no filing arguement for cmkx, bnot so much sggm. the fact that the lawyers never said that or the fact that cmkx retracted the form 15 stating they should have been filing went right over their heads
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
i'm thinking pb32 would vote for dr. of bullchit...lol
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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