posted
I may be missing something here, but why were these documents being faxed out of DePalma's office on May 5, five days before the hearing, and to whom were they shipped? Pedro, where exactly were these docs picked up by your courier?
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Will since exhibit 59 has a fax date on it of May the 6th, what are you talking about legal? Which document state that it was faxed from DePalma's office May the 5th? But one thing is for sure is if Padro did get this from FOIA which I am sure he did then it had to be after the hearing. They will not mark exhibit numbers until the hearing itself. The court clerk does that. Besides it not available to the Clerks office for release under the FOIA until after the hear and the exhibits could be brought back to Washington and filed.
I would assume that if it has a date 5 days prior to the court hearing then who ever the SEC requested the paperwork from went to his office and faxed it. You people are trying to crucify Padro for putting this out there. Anytime true facts come out about this company the cult goes wild and attacks the messenger instead of placing there anger were it should be. That is with the company. You didn't want to see the truth but now that it stares you in the face all you can do is find stupid little things like this to try and discredit Padro instead of trying to make the company answer for what it has done.
-------------------- Invest with your brain not with your heart.
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I had to go back and look at the complete list again. Not the one that legal posted as complete bit left out the first padro post links. Exhibits 15 & 16 - Stock Certificates were the only ones faxed from that office. This was to easy to figure out legal. This proves the cult is out to discredit Padro for something that he had nothing to do with.
The only documents that have this lawyers name (DePalma) on it was from the transfer agents office. So being that it was faxed before the hearing, I would assume that the transfer office uses this lawyer and she had him fax it to the SEC for the hearing. People are making a mountain out of a mole hill here.
-------------------- Invest with your brain not with your heart.
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posted
Looks to me if you want to know who Jerome Depalma is, you should be calling the Transfer Agent. Ask them why they use this lawyer? The only name this appears on is Exhibits 15 & 16 - Stock Certificates. So the SEC called the TA and asked were is the information we requested on the 360 stock issues and the 29 companys that were issued shares in the beginning of 2003. The TA rushed down to there lawyers office and had them fax it to the SEC 5 days prior to the hearing.
Padro got this information from the FOIA after the hearing, why ask him about something prior to him getting the documents.
[ July 24, 2005, 10:45: Message edited by: Ric ]
-------------------- Invest with your brain not with your heart.
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posted
the t/a's lawyer is depalma. of course the master list would be faxed from his office. to cover her azz anything sent to the sec would go thru her lawyer. same goes for cmkx. the letter about the form 15 went to cmkx's lawyer not UC, it was copied to UC but sent thru the lawyer.
same old song & dance for the cult. if its facts that hurt their belief they look for somebody to blame other then UC or they try & find a away to say it was forged or hacked.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
I completely appreciate Pedro obtaining and posting this information. It is far more than we have received from the company. What I wanted to know was from where he actually had the information picked up. Some were saying FOIA from SEC, but Pedro hadn't confirmed that.
Secondly when the TA is using a "mobbed up" legal firm, you kinda like to know that for sure.
When the balance of information, not covered in these limited documents, is finally released by the company, the pieces of the puzzle will begin to come together.
Right now, it is only the "negative" evidence that the SEC planned to use against the company. Naturally it is all negative.
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posted
This is really getting ridiculous. Anyone that posted facts is labeled a basher. Because really 99% of the facts prove this is a P&D scam. What 100% true facts are there that is positive. I can only think of two myself. Mineral rights beside Debeers, but then again Debeers didn't take them for some reason. Then theres Ecuador. Might be alright but since UC already sold all the shares, he has no more money. Company is 36 million in debt and they can't sell any more Got CMKX. So what do they do. Nevada Mineral is getting ready to default unless UC can continue to pay the bill but with what. If there is anything on the Sask. properties you need money to drill with to find it. You can't pay people with shares anymore.
So what does that leave for good news. Nothing. So the only new facts out there is bad. But you better not state it or the cult will pounce on you like a old Lion. Lions don't usually attack humans unless they are sick or old, we are pretty slow animals. Someone like Padro that post the facts brought out from in the hearing is crucified and for what, posting court exhibits that are public information. He11 the company refuses to give us anything but you can see why. They had to close a thread on PB32 for attacking Padro so bad on it.
The cult keeps saying that the SEC doesn't want us to know what the valuation is but thats not true. The court held that people outside the company couldn't give valuation. UC took the fifth, Maheu knew nothing, and the auditors couldn't get the information. The only true people that could give the numbers refused to (UC) or was refused the information(by UC).
Looking at the master shareholders list and the spotty bank statement at best, it looks like UC used CMKX stock as his personal check book. It was like the old mountain man that hunted fur and came down to trade fur for goods. Well, in this case it was stocks for goods. And if I was the cult, I would be demanding why a real estate broker in Las Vegas got nearly 10 million dollars worth of shares. CMKX had no office so why did a real estate office get shares? Maybe a new home, could be, maybe.
Oh well. looks like those that have there feet planted behind UC have concrete poured around there feet now. They can't move off this, I believe. But the problem with scams and concreted feet is you usually end up at the bottom of some river.
-------------------- Invest with your brain not with your heart.
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i'm betting by mid-week pedro will be banned from most cmkx boards for this. they will want the site the stuff is sitting at closed. the week after they will go back to believing everything these documents prove wrong.
-------------------- "keep your stick on the ice & your cup firmly in place"
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Bill Frizzell: "The ultimate outcome of everyone’s investment hinges not on naked shorting or SEC actions, but on the true evaluation of the company assets. We have some information about these assets, but we need more. The more I find out about the company, the more I become concerned that neither the company nor the SEC wanted you to know about the evaluation of the assets at the Administrative Hearing."
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posted
what was the line the cult was using for bashers not long ago...the one about being desperate. fact is the t/a probably never meet depalma, if he is mobbed up he has a big firm thus little clients like first global get lower teir lawyers, not the head of the firm. you can see where the cult is going with this now, mob is after cmkx. they either naked shorted it by trillions or they want the huge fortune in the claims. i'd say in the cults case desperate is an understatement.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
"The cult keeps saying that the SEC doesn't want us to know what the valuation is but thats not true. The court held that people outside the company couldn't give valuation. UC took the fifth, Maheu knew nothing, and the auditors couldn't get the information. The only true people that could give the numbers refused to (UC) or was refused the information(by UC)."
If you want valuation information wouldn't you subpoena the CFO, and the documents "duces tecum"?
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probably right there legal...but what does valuation have to do with filing??? notice frizzy included the company in that statement. by looking at where the shares went i'd say the company doesn't want valuation known. the SEC is after cmkx for what was it...NOT GIVING THE VALUE OF CMKX TO SHAREHOLDERS!!!!! isn't that 1 of the 2 main points gained by shareholders from filing, that and share structure. hmmmm speaking of share structure can you say 690 billion in the float???!!!!!! wasn't that the rally cry of the cult when it became clear the o/s was 703 billion??
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by legaleagle: Bill Frizzell: "The ultimate outcome of everyone’s investment hinges not on naked shorting or SEC actions, but on the true evaluation of the company assets. We have some information about these assets, but we need more. The more I find out about the company, the more I become concerned that neither the company nor the SEC wanted you to know about the evaluation of the assets at the Administrative Hearing."
What the hell is Frizzy talking about? The SEC would have no reason to not want the public to know about asset valuations. What in hell does he think would appear on a Balance Sheet if CMKX had filed as required?
As to that valuation, legal, again you are incorrect. Basically what the court said was that the people they were using to value the assets were not qualified. Had they gone out and retained an "expert" to do so, the court probably would have accepted it....providing it was not tainted in some way, such as UC giving someone 50 million shs of CMKX stock.
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legal: "If you want valuation information wouldn't you subpoena the CFO, and the documents "duces tecum"?" --------------------
Wrong again, legal. How valid do you think the CFO's statement would be concerning the value of assets in the ground? Do you think he could have burrowed down there and inspected them? All he could have done was record information given to him by someone else.
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bill,valuation was important to the non-filing charge, since valuation is part of the records that were needed in the case. No one had better knowledge of these records than DeSormeau.
Wallace, the SEC would not want the valuation known at this time if it was very high, because the run would break the backs of the brokerages, MMs and Hedgies, and do severe damage to the economy.
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posted
Thats the cults problem. They are saying why didn't the SEC call the CFO. They refuse to see that the SEC didn't have CMKX in court for there value but for refusing to file. They didn't need the CFO for that. Now if it is CMKX's contention that is does have value and wanted to prove it then why didn't CMKX call the CFO. The only problem the SEC had with valuation was that the only person that the CMKX lawyer asked the question to was someone outside the company. And the SEC should have objected to that. If they didn't then they weren't doing there job.
But as Wallace and Bill stated, the SEC down deep is the only one that seems to be trying to get TRUE valuation of CMKX. If CMKX would file then we would know what the valuation is.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by Wallace#1: legal: "If you want valuation information wouldn't you subpoena the CFO, and the documents "duces tecum"?" --------------------
Wrong again, legal. How valid do you think the CFO's statement would be concerning the value of assets in the ground? Do you think he could have burrowed down there and inspected them? All he could have done was record information given to him by someone else.
We already did some "burrowing down". And yes he would have had to depend on the geologists and assayers reports, the same as any company.
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posted
Sure, they burrowed down the same place someone else burrowed down. Results: Negative or disappointing to say the least. That's why no one else wanted that damn claim. It couldn't have any value to speak of in view of the dismal results.
As to geologists/assayers, I guess Stoecklein, UC et al were just too stupid to get them involved in the hearing, huh. Hell, why should they think the subject might even come up at the hearing?
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posted
And that was carried over from the past year. There is the mineral rights and Ecuador. But also who appraised there value or did UC just come up with that number. Never said they had no assets but the problem is they have no more money to operate them. Doesn't matter if you own a 100 million dollar factory if you have no money to produce anything. It also stated there was no mining expenses or revenue either.
-------------------- Invest with your brain not with your heart.
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NOTE, legal: "Oh, and there was the $12,600,000.00 in Capitalized Mining Costs. But there I go stealing Wallace's thunder."
PS: And where is the proof of those costs claimed? Maybe the IRS should begin looking into their books as well. Suggest you call the IRS, legal!
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Well, trying to read that mess called books. No wonder the auditor quit. But just because you gave more shares then its worth doesn't make it worth that much. If I go to a used cars salesman and buy a piece of junk for $2000.00 and it is only worth $500.00 doesn't make it worth $2000. It means I paid too much for it. And UC seems to have gave people shares like candy. Like giving 10 million dollars worth of shares to a real estate firm for a 2 million dollar home. Geez, I wish I had something UC wanted, could retire. Oh thats right, I am. But could be living high on the hog during my retirement, lol.
-------------------- Invest with your brain not with your heart.
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Seems to me that I heard if someone reports another to the IRS and a person has evaded taxes, that someone is entitled to 10% of the monies recovered. Could be wrong, but if true, that's a good way for the OG, faithful, cult members to recover something more than they would get in a class action suit.
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Here's a good pic of Jeff Arend's new paint job from the race. Soooo Good International, LTD. CEO Jason Freeman. Fresh out of a merger last week with Intermar Solutions Inc. Lanebro should be thrilled.
Jason is a resident of Regina, Saskatchewan. Use your imagination. Did CMKXtreme really get rid of Jeff and team or just park it in a new corporation until later? BTW they use Black Sheep for their website. Black Sheep is owned by Jason Dhonau (Ed's son) and does all of the CMKX and related webpages.
quote:Originally posted by legaleagle: As of Dec 31, 2004
Mining Claims $126,000,000 valuation
Precisely who came up with that figure other than UC himself? Show us some proof that it was an "arm's length" valuation!!! PROOF!!! NOT BS!!
Looks to me like they just multiplied another figure by 10.
So now they submitted falsified documents to the SEC as evidence in a hearing? Sure. OK, if I acccept that the entries were falsified then I can accept that perhaps all of the documents are falsified? Isn't accepting them as true at face value what the last 100 bashes have been about?
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"So now they submitted falsified documents to the SEC as evidence in a hearing?"
Your words, legal, not mine. I believe they just put down whatever they wanted to put down as a valuation number and/or capitalized mining costs.
I doubt that would be considered "kosher" by the IRS. Why don't you call the IRS and get them to look in to it? Maybe you can recoup some of your money ahead of every other faithful member.
Also, I told you I wanted PROOF from you, not more BS or another one of your distorted statements or questions as a response. PROOF!!!
DAMN!!! Legal put in that stupid car and now has screwed up the thread again. SURPRISE!!!
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But I have serious problem here. If you see these they don't add up. There are gaps in the records. If you look at num: 20 on first page and look at Balance it has 6,100,000.00.
Then you go to page two Num 22 entry and all of a sudden the number shoots up to a Balance of 126,121,250????? They carry over is 124,969,850 but that is not what the previous page shows. So looks like item 21 is missing. But also 17 and 18 on the previous page. But look at how many shares where given. This is ridiculous.
Geeze 1.5 million dollar wouldn't be enough if I was a professional auditor to review these books.
-------------------- Invest with your brain not with your heart.
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posted
No they aren't falsified legal. They are what CMKX paid for the claims in stock value. It doesn't mean the claims are worth that much though. Just that UC gave that many shares for it. As, I stated above just because you give a used cars salesman $2000 FOR A $500 DOLLAR CAR DOESN'T MAKE IT WORTH $2000.
-------------------- Invest with your brain not with your heart.
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You might want to take this link off the christain board there Noah. lol
Not sure what will post here but these are the links on there page, what names to call your coffee. lol
"Smokin' Ass / Surfin' Ass / Rockin' Ass / Kona Red Mountain / Donkey Beans / Donkey Balls"
Donkey Balls are the best. If you go to the link it is Pure Hawaiian Macadamia Nuts Coated in Ghiradelli Chocolate but there are several Donkey Ball brands. Half Ass Balls, Flacky Balls, Balls of Fire, Salty Balls and Dark Chocolate Balls. They at least have a sense of humor for there products lol.
But I think that I would like to buy some of the Hawaii's Rocking Ass Island Pie. Sound like a good coffee.
[ July 24, 2005, 13:33: Message edited by: Ric ]
-------------------- Invest with your brain not with your heart.
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posted
The company page explains that the "ass" refers to the donkeys that bring the tobacco in from the fields. So I imagine the adults at CT can handle the reference better than the children in here.
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quote:Originally posted by Ric: No they aren't falsified legal. They are what CMKX paid for the claims in stock value. It doesn't mean the claims are worth that much though. Just that UC gave that many shares for it. As, I stated above just because you give a used cars salesman $2000 FOR A $500 DOLLAR CAR DOESN'T MAKE IT WORTH $2000.
So what you are saying is that those billions of shares going out to individuals were probably shares issued to secure mineral claims from those people?
And of course the 125 million is for the cost of the property and they could be worth a lot more than they paid, as well as a lot less. Only a filing will tell us the full story, huh?
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It was a joke legal. But even with the explaination they had fun with it. Or the sub titles wouldn't have been what they are. I thought there site was a blast myself. The kid in me or not, lol.
-------------------- Invest with your brain not with your heart.
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