posted
Not if the people selling it were getting a kickback. Most dumps are from rumors started then dumps made on what looks like a run and everyone wins except the common investors. Look at most dumps and you will see the PPS was increased and after the dump it falls like a rock. ICAN was one of the most recent ones. Whoever is helping the company dump offers a percentage for help in getting the PPS up. It is very common. Just look at Qbid, every price increase went alone with a dilution of shares.
If you were a MM approached by a dealer that had shares to unload that offered you either a percentage or a certain number of shares to sell them for you do you want the pps to drop or go up?
And of course its buying. You can't dump without buyers.
-------------------- Invest with your brain not with your heart.
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posted
How does a company in debt keep paying someone $40,000 a month and a legal team yet be in debt?
Maybe the question should be why? What would have happened if they didn't put up a little fight? If they just dropped this, what would 50 thousand investors do? They already hired their own lawyer.
I think the answer is in the first appeal. Stoecklien was on vacation and the forms needed to be filed just to allow the appeal but they weren't even filed yet. Frizzell threatened to file with Nevada to have a stockholders meeting to replace management. All of a sudden Stoeckliens assistant filed the papers.
Also going back to the hearing, UC took the fifth not for anything but personnel reason hence the personal lawyers. I think the thought of 50 thousand shareholders and a takeover where someone else would get to look at the books is the driving force to this. UC can use a million to cover up that he took tens of millions.
quote:Originally posted by Ric: Buyback???? Looked more like dump today. Besides the company is in debt by 36 million and owe 2 million to Nevada minerals soon. Probably the reason for the dump if UC didn't pocket it. So far they had to give everything away to Nevada to even say they have rights still.
Mining is very expensive and it looks like Nevada Minerals was the smart one in the deal. And since CMKX only made 45-60 thousand last year in Ecuador and had to use it for equipment and still owed Nevada which was paid with sands, how long will it take to pay off the 2 million dollars? 40 years at that rate if they got to keep it this time. What an investment.
-------------------- Invest with your brain not with your heart.
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posted
I do understand what you mean. I see so many companies pulling this crap. Few tactics I notice are: the old rumor pump and dump scam, Fluff news while increasing the OS, divi lure while flooding out shares.
The thing is with CMKX is that it has so many rumors floating around that it seems nearly impossible to pump. Unless you are saying that they deliberately manipulated it to .0002 using their own cash to create the illusion of something big about to happen. Once traders take the bait they sell off for a quick buck. With as many bs rumors and talk this thing has seen this would probably be about the only tactic that could still work. We will see.
Is it possible that the company could have been using the current gloomy period in time to silently buy back shares at levels below say .00005?
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This is how the big boys make money. Buy it up cheap knowing they have die hard investors that will buy if it runs and refuse to sell and take some profits. The daytrader make a killing off them when they feel the time is right to sell which looked like today. These people refuse to take a little profit while the daytraders make a killing. Daytraders love these people and make a good living off them. And the company can make out too by dilution and when the CEO breaks the law by not filing for his sells, he makes a killing to. I have yet to see one filing from UC or the company on sells or buys. UM MM
-------------------- Learn the hard way with pennies
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posted
You don't dump 703 billion shares to buyback. For what is said about the gold mines they can't pay their bills. How do you go in debt and not pay bills and talk about a buyback?
-------------------- Learn the hard way with pennies
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posted
No really though if you followed this at all you have to see there is no way a buyback is taking place. As said, the company is in debt according to the accountants. As said, we know CMKX couldn't pay Nevada Minerals so CMKX had to give up the sands containing gold. We know they have to pay 2 million dollars to Nevada Mineral in November or they lose the rights to them. There is rumors UC is selling property. They are having to pay lawyers and a huge salary. But then too CMKX has no employees so UC and Maheu are the only ones being paid. And we know this because there is no expense in the books for salaries, or payroll taxes. Well, not sure how someone can see a buyback.
-------------------- Invest with your brain not with your heart.
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posted
How did this ever get to .0002 ? I would have thought their would have been 100 billion + shares at .0001 . Has someone been buying all along ? Who in their right mind would buy this at .0002 ? Where did all those .0001 go ? Crazy !
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posted
You do make some good points Ric. It will be interesting to see what happens with this thing. Enjoyed your views. Later, really need some sleep.
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posted
"If the company actually gives them enough time, "......legal your cmkx experts still don't get it do they. they act like the company is in control of their future. cmkx gave up control the day they filed that false form 15 & quit keeping books. its like the guy that drives drunk all the time, he may get away with it for awhile but sooner or later he gets caught. cmkx got caught, they are out on bail & are just awaiting sentencing. the day being revoked is finalized its over. you may still own those shares but they might as well be those rolls of toilet paper the certs have been compared to. you'll never hear from cmkx again. if ever called to task UC will claim that he spent so much money trying to get cmkx back on track he didn't have the money's needed to keep the claims. everything will have been transfered into some other company that will have supposedly bailed UC out on money owed to lawyers. this little bump up in price is meaningless. by mid week if not sooner ask will be listed as .0001 again. cmkx will send its final reply in friday & the week after its being revoked will be upheld. how long the cult holds on to the dream is up to each person but sooner or later reality has to set in.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Ric, what is most entertaining about your arguments is that you are basing them on information from the hearing.
Any information from that hearing is now almost a year old and some of it older. Trying to apply what WAS, has nothing to do with what IS.
You have no idea, for sure, what is going on with this current market for CMKX. But this is certain: Those who bought more shares a few weeks ago at .00004 or 5 are now looking at a 400% increase. And only Monday will tell us more about where this is going.
You cannot even apply historical market applications to this stock because it has never followed such "rules", and probably won't in the future.
Those who follow this stock closely and analyze everything that is occuring, realize that the company could care less about revocation. They are building a conglomerate with some very noteworthy people coming onboard with our JV's. And some noteworthy acquisitions are being made. When all of the smoke is cleared away I think we will see an amalgamation of companies and minerals that will rival any in the world, past or present.
CMKX shareholders will be brought into this merger of companies, after a whole lot of weak handed shareholders are shanken out at trip zero and double zero numbers. And your negativity and application of year old info and speculation is assisting in weakening those hands to sell. I am sure they will greatly appreciate your "input", and that of all the negs, as they look back to what could have been.
I don't know if you are trying to "protect" the innocent, or are just angry because you got out of the stock and have no hope in capitalizing on what may come and want company in your misery. But the day of truth is coming for this company. Those who have reasonably purchased and invested in this company have far more to gain than lose. Those who are OUT have no chance whatsoever of capitalizing on this play. And I think it is that fear of missing what could have been that drives people into such negativity as we have seen on this thread.
I don't think you and others are trying to drive people out of this stock purposely, or prevent newbies from getting in, as much as you are trying to convince yourself that you haven't missed the STOCK PLAY OF A LIFETIME.
posted
Your so funny legal, lol. Play of a lifetime, lol.
But the giving away of sands because they couldn't pay bills wasn't last year. It just goes to prove that CMKX has no more money. Of course UC does though and he plans on hiding were that money came from too. Thats why lawyers are still involved.
Talk about trying to convince yourself. All the evidense points to a scam. I didn't make it up. You and others are trying to convince yourself this is a stock play of a lifetime when you know the facts say otherwise.
-------------------- Invest with your brain not with your heart.
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posted
By the way, I not trying to stop newbies from getting in this. If they can't see the evidence then they deserve what they get at this point. I just love debating especially when I am right,
And I like the people in here too, even the ones from the darkside, lol.
-------------------- Invest with your brain not with your heart.
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posted
All that I can say is that I have never ever seen two people like RIC and wallace#1 you guys are eat up. Your very wrong guys, you have no hope, but you want to shoot everyone in the foot, for there investment!!! you know nothing you do no DD!!!! at all, I have watch you all wright a bunch of ****!!! hERE ON THIS BOARD. nOW DUMB ASS YOU ALL GET WHAT YOU DESERVE!!!! NOTHING, BUT I AM SURE YOU OWN LOTS OF CMKX i CAN BET MY BUT ON IT. So will you two just shut up!!!! you lost and you lost big time.. later cmkx rocks baby.. skoondog
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posted
The payments, or a lack of them, to USCA or Nevada Minerals, for the mine are irrelevant since we own USCA and jointly hold everything with Nevada and Dhonau. You really don't understand that the hearing was a joke, a pre-planned kangaroo court to accomplish a given end, do you?
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posted
Did we forget our medication there. Such language. Just shows your class and education. And if you actually read this board you would know that Wallace brought tons of DD last year and I have backed all my statements in the past with DD. It is useless to repeat it every time but I can if you want it. I haven't seen any DD from you to prove us wrong. Matter of fact I have never seen much more then theories without any facts from the cult for quite some time. But really what facts can you give when the company refuses to inform its own shareholders.
-------------------- Invest with your brain not with your heart.
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posted
"The payments, or a lack of them, to USCA or Nevada Minerals, for the mine are irrelevant since we own USCA and jointly hold everything with Nevada and Dhonau. You really don't understand that the hearing was a joke, a pre-planned kangaroo court to accomplish a given end, do you? "
show us proof of anything stated here. cmkx got what was at 1 time 48% of the o/s & supposedly gave all the to the shareholders leaving the company with zero shares of USCA. i'll bet $100 the o/s is not the same as when that took place. show us anything that might prove the court scene was a fake. thats just plain stupid. next thing you'll be saying is that cmkx wasn't really revoked & that when it stops trading its only so the DOJ can count the shares & thus catch bad guys.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
It was more a statement out of boredome because i knew it would anger people. No other real reason for the question other then amusement and bordom.
quote:Originally posted by duediligence1: You don't dump 703 billion shares to buyback. For what is said about the gold mines they can't pay their bills. How do you go in debt and not pay bills and talk about a buyback?
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it.
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posted
Legal, I have been looking over the Pr's. We got restricted share of USCA and they were given to th shareholders. UC said he wasn't keeping any of them. USCA got some of our mineral claims in exchange not vice versa. I see nowhere that CMKX owns an of USCA. Also the main deal with Nevada Minerals were for UNDIVIDED claims. Not sure again where you think CMKX gets anything from these two companies other then what they already have and the joint adventure in equador. But we see how profitable that has been, lol.
Also, the last time I checked we did live in the US. And since do we have kangaroo courts in the USA. There may be verdicts by juries we didn't like but no kangaroo courts. These people want higher offices, Judges don't sit on fake trials in American That is plain ridiculous.
-------------------- Invest with your brain not with your heart.
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posted
MORE TROUBLE AHEAD FOR DEN OF THIEVES NITE,JEFF AND OTHERS
REFCO's naked shorting scandal-CNBC video
By: jcline 15 Oct 2005, 09:48 AM EDT Msg. 265287 of 265306
To all from Dave Patch
CNBC video you do not want to miss. Folks,
The attached link is one bringing you to a video feed from yesterdays CNBC Street Signs with Ron Insana. Ron was gracious enough to allow me to come on the show and address the refco scandal as well as the more global issue of naked shorting.
I asked the tough questions that Congress and the SEC must address and address immediately.
How does the SEC allow a company to go public [Refco] while the division and the executives now in scandal [Refco Securities] have been in a multi-year negotiation with the SEC over stock manipulation and fraud? What was the real issue behind the Refco “bad debt” that could not be written off and has now risked the entire business?
I want to thank Ron for the opportunity to let this amateur come out and speak. I have to admit, I think this amateur asked the questions the professionals should have been asking for years.
I can't find a date on the above Yahoo link, hopefully I am not posting old news. However, it is interesting to see that Urban's name is not on the list, nor is Mayhews. Steve
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posted
Looks like I have been zapped with a 1 star by some loon. Was that you, skoon? When CMKX goes down for the last time, you will sing a different tune. It with be a death toll instead of a boon. And, it can happen none too soon.
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posted
Skoondog, I don't want to believe your as moronic as your last post looked. At least use the one finger you type with and try and find the 'Spell check' feature on your computer and do us a favor so we can decipher your anal retentive garble. But I think skoon is a alias anyhow. I also don't think Legaleagle is who he/she says they are. How could someone truly believe the wreck that is cmkx and spend the time on those posts and such. Unfortunately, cmkx will somehow be trading long after sec is done with it. Just look at the tickers with 'Q' after them (bankrupt) and still trading. un-freaking-believable. S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
SUBJECT: CMKX NEWS: Price going WAY UP! SERIOUS! Posted By: MoronHunter Post Time: 10/15/05 15:19 « Previous Message Next Message »
Now that I have your attention...this is one of only 3 serious posts from MoronHunter...pay attention and learn.....oh..if you read it ..you WILL learn...I guarantee it. I DO have a point..but first...
You shareholders in this ...by now you MUST realize that there are no "goods"...that this stock is a standard scam with a mail box location for an address that just got big...too big. UC has spent your money...his wife has access to corporate accounts. Nobody knows where the $10 million went or if it was ever paid in 4 installments. Every auditor has quit or been fired...never any documentation of ANYTHING. There are no employees to speak of, no assets, no revenue worth mentioning, and no results. The SEC has put the hammer down...like on so many other scams...and you are close to losing 100% of everything.
What was done TO YOU and BY YOU...
They (Founders and management)never intended this scam to get so big....but you people, with your false faith, and unreasonable dreams of riches, meant many INNOCENT PEOPLE were convinced by you. And, worst of all, YOUR ravings(maybe innocent at the time) about this stock meant many people (family, friends, church associates)who trusted YOU, dumped their hard-earned dollars into this, only to see their money vanish. C'mon..you know YOU DID THIS!
Which brings me to the reason for this post...
YOU have a choice whether you ALLOW PEOPLE TO BE HURT with your greed...or not.
I have said it before and will say it again...
The only way to make money now (and you ALL KNOW THIS IS TRUE)is to see new innocent investors be fooled into parting with their money.
This will be a "last hurrah" for the stock. The people who are buying now are no different than you, except they do not know what YOU learned. They have not done PROPER due diligence. Heck...they don't even know (like you did'nt) what "due diligensce" really is. Due Diligence is not reading the internet boards or believing PR's. It means reviewing financials...understanding the stock...checking out all the major players...AND THEIR HISTORY in the industry...and most of all...it means UNDERSTANDING THE INDUSTRY YOU ARE INVESTING IN.
What is happening now...with rumors of events to unfold on "the 20th"...is just another in a long line of lies THAT WILL ALSO PROVE UNTRUE.
Just wait and see...on the 21st...NOTHING WILL HAVE HAPPENED.
So....what this is turning into is no longer a stock fraud...because THAT has already happened...with the dumping of shares for the personal gain of a few who invented this scam.
WHAT IS HAPPENING NOW is like a pyramid scheme....near the end of it's life cycle....with the masses of "investors" convincing the last of the "suckers" to buy because the price per share is "so cheap" they "can't afford to pass it up". These final "suckers" will be the ones left holding the bag. Oh, YOU might recover some money...MAYBE MAKE A BUCK OR TWO...but your hands will be dirty.
Holding the bag means this...and YOU KNOW IT'S COMING...
Registration revoked The stock will become 100% worthless The "management" will disappear or go to jail
And more innocents will be hurt.
The proof is in the buying activity...
Rumors are flying...people are getting "excited"...
7 hundred thousand shares here....5 million there...just the levels you would expect from people with only a few hundred or perhaps a thousand dollars or so to invest.
People are irresponsibly believing the rumors of something BIG to happen on the 20th. There is absolutely NO BASIS FOR THIS RUMOR except this is the last desperate attempt by others to keep the attention off of their criminal acts...to keep the attention off of their dozens of examples of obvious fraud....in hopes that all this activity will create enough of a smoke-screen so they can disappear with the millions they made off of YOU.
So...
Are you going to be a part of this?
There is no massive conspiracy....if covering was happening...it would have happened in several large buys...AND YOU KNOW THIS.
The volume.....proves the little guy is still buying....people are desparate to get their money back...FROM ANYONE...even innocent people.
I hope you people can live with yourself.
-------------------- Invest with your brain not with your heart.
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posted
I heard a ho whistle once but never heard one hum, lol. But of course I haven't lived in a big city since Long Beach and San Diego in the 80's so I guess things change.
-------------------- Invest with your brain not with your heart.
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LOL Ric... Am I using too much bandwidth stockster, or commenting on the topic as before.....no need to reply....
quote:Originally posted by Ric: I heard a ho whistle once but never heard one hum, lol. But of course I haven't lived in a big city since Long Beach and San Diego in the 80's so I guess things change.
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;)
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