posted
By: pontiyak 07 Aug 2005, 07:24 PM EDT Msg. 247360 of 247435 Jump to msg. # "Cash is King" (repost with CMKX additions)...
(from the PCBM/SRCI message board May 01/2003)
A few grape vine'ers have heard me say this, and here's why.
A company that offers extra/additional dividends of it's own common stock is not giving you anything that places additional burden or pressure, on the short sellers, or for this example your broker.
We older grape's or raisin's, remember this ploy being used over at Medina Minerals, by way of extra dividend stock from and of the parent company, and then followed by and additional percentage dividend, presumably for being good little boys and girls.
Sadly MDMN and their CEO got ensnared in the Bermuda Short thingy, and that is another story....
but ...getting back to this story, clearly their form of dividend had no impact on their purported short position.
why?? because it could be electronically materialized from thin air ( see PFA )( plucked from air ), and placed in your accounts and no accounting is done to make sure those dividends were real and supported by original shares. ( rather no one is accountabe )
Now ,lets do the same thing with cash...... you remember... that green stuff, with dead prezzies on the cover.
A company ( we'll pretent it's a company we know) declares a CASH dividend to everyone owning real shares (O/S). Lets go with .10 cents cause it's a nice round number
The company sends all it's loyal shareholders .10 for every share they own, and all are happy.
Now if there is a short position, then those unfortunate individuals have 2 choices..
1- payout the .10 on all their short positions to whomever they sold the stock too, because their broker is going to demand it, ( trust me on this) brokers do not like losses .
2- buy back their short positions ,so they don't have to pay out the cash dividend.
everybody happy so far
Now....here's where it gets both fun and fuzzy....
Instead...
Lets say company A decides to spin off one of it's smaller wholly owned subsiduaries, give the shareholders a share dividend in THAT company, and that company goes on to trade as a public company ,all it's own.
That dividend in that new spun off company is ...
"as good as cash"..
because... remember....
"cash is king"
did I loose ya...well look at this way, once a trading or book value is placed on that new spun off company, and it starts trading ,and you get your dividend shares, you can now go sell them and presto....CASH.
and everybodies happy
but if your short on this stock because you were short in the parent stock ( ratio may be important), then guess what.
Not only does your short position now become visably nekkid to whomever might be watching, but if enough people sell their dividend shares off in this new company ( for the cash ) then your brokers is gonna be calling you looking for cash on your short position as well. This could be excruciatingly painfull, if that new spun off company is doing a booming biziness, and it's share price climbs rapidly. Thus causing more people to sell off their dividend shares for even more cash.
brokers do not like losses.
"Cash is King".
starting to get the drift?....
Ok... now the company (A) decide's to spin of ANOTHER wholly owned subsiduary, and give it's loyal shareholders ANOTHER spin off dividend in the form of shares.
Or is that really cash they are giving you ? Remember "good as cash" ...
If you where short during the first spin off dividend, and remained short through to the second spin off dividend, I would not want to be you when your broker comes looking for the cash to cover all those shares that the good loyal shareholders are selling, in order to access the cash those shares are worth. ( specially if both spin offs go public at the same time )
I hope you were'nt increasing your short position through all this ???
A similar situation also applies if another company was to make a CASH tender offer for company (A), the parent company's O/S in whole or in part.
They ,the tendering company only has to come up with the cash for all real and legal shares in the O/S.
The short sellers have to come up with the cash for all those fake shares they sold, because.....
Cash is king and....
brokers do not like losses.
"Brokers/Banks ,will strip you down to your toenails and fuzzy dice, if they feel like they are in jepordy of incurring a loss "!!!!!!!!!!
And if a individual or group does something that has the effect of putting a broker or a bank in a position of incurring a loss, then you can bet your sweet patutie the Borker/bank will do EVERTHING in it's power to mitigate or lessen that loss. !!
Shorty has put the Brokers in this division of the securities industry in just such a position,because the Borkers know.....
"Cash is King", and "As good as Cash ".
IMHO all these other companies were just handing out something ( dividends) that could be manipulated electronically, but PCBM was trying to put cash in our pockets.
And that cannot be "Plucked From Air " !
Think about it, compare it to Jag, who is giving out a voucher dividend that is not dependent on the parent companies current or even future share price. It's dependent on the outcome of a lawsuit judgement in the future, and cannot be manipulated, by the short sellers. Corbel and Allpro are the same sort of non dependent share dividend, and will become...
"as good as cash"
because.....
"Cash Is King" ----------------------------------------------------------------------------------------- Now lets apply this thinking to CMKX. If CMKX starts handing out more dividends, like they have already given us ( CIM,GEMM,USCA) and those companies are public trading companies, or are in the process of becoming public. We can then sell those shares, once they become free trading, for……….. Wait for it ….. CASH !! Or if CMKX or one of these other companies decides to hand out a cash dividend, like the 10% lifetime royalty we keep hearing about…. then shorties world just got a whole lot more uncomfortable. It becomes even more uncomfortable if CMKX goes private, like it appears to be trying to do.( thanks to jknudsen from Paltalk for saying this, and causing me to look at CMKX’s current struggle from a different perspective. It makes way more sense that CMKX has actually been trying to go private since 2003, and the SEC has been trying to force the company to remain public and fully disclose their financials, than what we have been thinking has been going on at first glance. ( the reverse situation). If you apply this line of thinking to why Urban pleaded the fifth, Mahue’s sudden ignorance at the hearing , and the latest auditor debacle, you could see that CMKX has no plans to become fully reporting and is practically begging the SEC to revoke them, and send them private. I think the SEC has not revoked us, and we are still trading because the next step in the plan will be very painful and embarrassing for the SEC, in a political or wall street sort of way. CMKX can cause way more pain for shorty…and consequently, shorty , by going private , and issuing and endless stream of dividends in any form. One last thing….. our early dividends are coming up on their 1 year anniversary, and it would’nt surprise me to see big things start to happen for those stocks as those dates draw near….. I f those dividend stocks can get their shareprice up, those shares become…
posted
Notice that was from PCBM board from 2003, two years ago. Guess what, that dream never happened for PCBM and won't happen here either. CMKX is getting revoked for a reson. Its a scam. Seems funny that if you go to any of these penny scams that get revoked the same theories are recycled. Yet none has never came true.
-------------------- Invest with your brain not with your heart.
IP: Logged |
quote:Originally posted by Ric: Notice that was from PCBM board from 2003, two years ago. Guess what, that dream never happened for PCBM and won't happen here either. CMKX is getting revoked for a reson. Its a scam. Seems funny that if you go to any of these penny scams that get revoked the same theories are recycled. Yet none has never came true.
Thankyou for saving me the trouble
Leagle are you dopey? whats with you and your selective memory? Actually keep posting more jibberish as you make our case as bashers even easier. For you it's easier to deal with false hope than with no hope I guess.
So is the cmkx forums up? I read it in a PR so it must be true!!!
IP: Logged |
posted
Author Topic: New Pumping Attack (Read 1,371 times) carats4me God of Diamonds ***** member is offline
[avatar]
Joined: Sept 2004 Posts: 1,774
New Pumping Attack « Thread Started on Yesterday at 2:54pm » In the last two days we have seen a renewed pumping attack, absolutely without any real facts, about CIM being the "thing", and CIM is going to IPO into the 20's at least.
Two sidekicks are helping in this pump, adding to strechting our expectations ( "by september 1") to just only let us down the hard way. These two guys working out of Calgary dont know anything, it is all hear say and rumors, and should not be allowed.
We had a high dose of spiked KoolAid that Acca brought to this board, and he got banned.
I expect the mods to keep an eye on this latest effort to pump.
Even if it is spearheded by so called old longs well known to this board. « Last Edit: Today at 4:54pm by carats4me »
posted
If you apply this line of thinking to why Urban pleaded the fifth, Mahue’s sudden ignorance at the hearing , and the latest auditor debacle, you could see that CMKX has no plans to become fully reporting and is practically begging the SEC to revoke them, and send them private.
Then why all the lies over the past two years about the filing being SOON and CLOSE? If they never had any intention of filing, this proves the case that Urban Casavant is a LIAR !!!!
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
quote:Originally posted by Ric: Notice that was from PCBM board from 2003, two years ago. Guess what, that dream never happened for PCBM and won't happen here either. CMKX is getting revoked for a reson. Its a scam. Seems funny that if you go to any of these penny scams that get revoked the same theories are recycled. Yet none has never came true.
Also notice that he said that it was an old post, updated to include CMKX. You might also want to research the "connections" between PCBM/SRCI and CMKX.
IP: Logged |
quote:Originally posted by ed19363: If you apply this line of thinking to why Urban pleaded the fifth, Mahue’s sudden ignorance at the hearing , and the latest auditor debacle, you could see that CMKX has no plans to become fully reporting and is practically begging the SEC to revoke them, and send them private.
Then why all the lies over the past two years about the filing being SOON and CLOSE? If they never had any intention of filing, this proves the case that Urban Casavant is a LIAR !!!!
PLANS CAN CHANGE BASED ON CIRCUMSTANCES
IP: Logged |
posted
Then a PR should have been issued SAYING there was a change of plans. You dont get it, legal. The boss of a company is supposed to let the shareholders know WHAT IS GOING ON? And I'll probably lose another 15 yards....damn.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
quote:Originally posted by ed19363: Then a PR should have been issued SAYING there was a change of plans. You dont get it, legal. The boss of a company is supposed to let the shareholders know WHAT IS GOING ON? And I'll probably lose another 15 yards....damn.
Could you please call Bill Gates today and ask what is the next new product that will come on the market? Or, perhaps, who they are looking at for acquisition?
IP: Logged |
quote:Originally posted by ed19363: Then a PR should have been issued SAYING there was a change of plans. You dont get it, legal. The boss of a company is supposed to let the shareholders know WHAT IS GOING ON? And I'll probably lose another 15 yards....damn.
Could you please call Bill Gates today and ask what is the next new product that will come on the market? Or, perhaps, who they are looking at for acquisition?
No, but I will call him and ask him for the O/S, A/S, and float for his stock. And while I'm at it, I will read all his PRs for the last couple years and see if any outright lies were told. Then again, that isnt really necessary, is it? Comparing Bill Gates to Urban Casavant is like comparing a cadillac to a yugo. Oh, BTW, can we expect CMKX to come out with a new PRODUCT in the near future, or just more sales of stock at .00005?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
posted
Ed, let me correct you, cmkx would have to come out with A product not a new product. as of today the only product has been cmkx shares.
by the way legal, you can call microsoft & find out what products they are working on & when expected release is. right now the new product they are working on is the new XP using 64 bit encryption instead of 32 bit. they will then be working on new office and other software to bring that into 64 bit encryption.
-------------------- "keep your stick on the ice & your cup firmly in place"
IP: Logged |
Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light.
Though wise men at their end know dark is right, Because their words had forked no lightning they Do not go gentle into that good night.
Good men, the last wave by, crying how bright Their frail deeds might have danced in a green bay, Rage, rage against the dying of the light.
Wild men who caught and sang the sun in flight, And learn, too late, they grieved it on its way, Do not go gentle into that good night.
Grave men, near death, who see with blinding sight Blind eyes could blaze like meteors and be gay, Rage, rage against the dying of the light.
And you, my father, there on that sad height, Curse, bless, me now with your fierce tears, I pray. Do not go gentle into that good night. Rage, rage against the dying of the light.
-------------------- Invest with your brain not with your heart.
IP: Logged |
posted
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin@cmkxownersgroup.com
Dear Group Members,
The SEC (Commission) earlier on this day granted the Petition For Review and accordingly ordered that briefs be filed by both parties. I have posted this document on our web site at www.cmkxownersgroup.com . This document is entitled "Order Granting Review". The brief from the company will be due on September 6, 2005 and the brief from the SEC is due on October 6, 2005. If the company wishes to reply to the SEC's response, they will have until October 20, 2005 for such reply brief. This is not a ruling on any substantive issues.
This is the Commission's agreement to review the appeal being made by the company. I am not surprised that the Commission would agree to review Judge Murray's ruling because of the large number of shareholders affected by this ruling. This does not mean the Commission has made any decisions about the company's appeal. This order merely tells the parties to file their briefs along with their arguments.
I have just received a copy of the SEC Enforcement Division's Motion For Summary Affirmance. You may view this document at our web site as well. The document is entitled "SEC Motion For Summary Affirmance". This is the SEC's attempt to have the Commission throw the appeal out without any further delay. I expect the company will make some kind of written response to this Motion. I will comment further after speaking with the company's attorney. I hope to be able to give you more information in the morning by way of another update.
Onward,
Bill
-------------------- Invest with your brain not with your heart.
IP: Logged |
posted
Author Topic: Are you as frustrated as me? (Read 1,986 times) Canuck Administrator ***** member is offline
[avatar]
Joined: Aug 2004 Posts: 7,008
Are you as frustrated as me? « Thread Started on Today at 9:25am » Yes, I am frustrated with the company. No doubt about it. If you are not frustrated than you are either not paying attention of don't care anymore. My frustration is because I am paying attention and I still care. I could quitely slip away if I quit caring, as many have.
I still believe in the potental of FALC and I think there are diamonds buried in the ground somewhere on our claims.
The wrath Urban faces is his own doing. He needs to be more up front and let us know what is going on. I understand that some information can not be revealed but there is a lot that can be revealed.
There has been much that has been uncovered lately that does seem to make Urban a little suspect in the way it has handled CMKX and the information that has been released. Those of you who are part of the blind following will spin everything in the best possible light. For what reason, I don't know. I guess some feel they need to keep all other shareholders in line and maybe some do not want to know the truth. It is much the same has having a lump but refusing to go to the doctor for fear of it being Cancerous. The reality is, it is either Cancerous or it is not regardless of whether we find out or not. I want to know the truth, I want to know what I have to face so I can take appropriate actions.
As anyone who knows me knows that all I seek is the truth. I am not a basher and I am not a pumper. I believe I am balanced and try to be as optimistic as possible but I need fact to back up my optimism.
If you go back over the last 3 years and read all the PRs you can see the cycle. IMO we began down the road of cycle #3 except the SEC stepped in and broke up the party for Urban and friends.
I believe that the FALC has diamonds. Urban believes that also and he knows that we know that. IMO CMKX was a means for Urban to support his lifestyle and he used the unspoken promise of diamonds and riches to draw investors in. IMO He made a half-hearted attempt at exploration, just enought to keep CMKX legit. Our drill rig is a joke and if we have more and better equipment why do we not know about it? Would this not be important information to have?
Have we been scammed? I guess that depends on how you define scam. I looked it up in the dictionary and it came back as
"A fraudulent business scheme; a swindle."
So then I looked up fraud and oddly this came up.
Deception carried out for the purpose of achieving personal gain while causing injury to another party. For example, selling a new security issue while intentionally concealing important facts related to the issue is fraud.
You decide. Have we been "scammed"?
It is time for Urban to come clean. It is time for Urban to put up or face the consequence. I need to know before I will throw one ounce of support behind this company.
Yes, I could just shut up and slip quietly away but I will not do that. I am a fighter and I am not going to sit back and take it, not from Urban, the SEC, or anyone."
The sooner we know that sooner we can move on and put this part of our lives behind us. This stock consumed me. I believed in the dream and wanted it to work. But no more. Urban needs to understand we are at a critical juncture right now.
I am not here to rally a revolt against Urban, but I do want him to come clean with us. He has done nothing to inspire support. He has refused to provide even the basics except when he was cornered and/or was forced to.
Humans have a 6th sense. We all experienced it many times in our lives. The sense that something is not right. People who rely on this for survival such as police and military know exactly what sense I am talking about. It keeps us guarded and keeps us alive. Sorry but my 6th sense is going crazy, and it is right far more often then wrong.
I pray that some day I come back and laugh at all this. I would love to re-read this post someday and chuckle at how naive I was. However, Urban has not given me much reason for hope, and hope was all I had left.
IP: Logged |
~fishing4diamonds~ Administrator ***** member is offline
[avatar]
Joined: Aug 2004 Gender: Male Posts: 7,298 Location: ON DA BOAT
Re: Are you as frustrated as me? « Reply #8 on Today at 9:49am » Well put Canuck. Many of us have given themselves "whole heartedly" over the past couple of years. Many have visited this board each and every day, contributed to theories and done an emense amount of research to help each of us.
Most if not all that research came from pr's from the company and/or Uncle Melvin. Our beliefs in what could be, made us share this with friends and family. Many of them invested with us hoping for "our" dream. Many of them were first time investors going on our "hunch" and research. Many of them don't know what is going on and we are continually questioned "when are we going to be rich"?
The crossroads we are now at need street signs. We NEED to know which way in the road we are to go. The lack of information and filings on CMKX leave us blind and in the dark. And we have shown our support and patience by holding firm and rallying for the company to everyone we know.
Because many true "longs" are now vocal about what has been found (information) it appears we have been misled and misrepresented. That makes our disappointment much more severe because we not only lose our money, but lose credibility with those we shared this with. To look at them and see they lost money that in some cases they couldn't afford to lose, is disconcerting to say the least. I know they haven't lost yet, but given the dilution that appears to have taken place, and the lies on Urban's part, it sure makes the dream look like a nightmare.
I too need Urban to step up and come clean. We all need to know what the hell is going on once and for all. Then at least we can prepare for whatever decisions we'll have to make. But waiting another "year or so" for the appeal process to run its course it too much for many to handle....including me.
Sheet or get off the pot Urban. The time is NOW. So do your shareholders right and explain whatever you can to reinforce their belief that CMKX "Is the stockplay of a lifetime". Otherwise, it's all bullsheet.
Nuff said and thanks Canuck for what we've had and shared here.
quote:Originally posted by ed19363: Then a PR should have been issued SAYING there was a change of plans. You dont get it, legal. The boss of a company is supposed to let the shareholders know WHAT IS GOING ON? And I'll probably lose another 15 yards....damn.
Could you please call Bill Gates today and ask what is the next new product that will come on the market? Or, perhaps, who they are looking at for acquisition?
OH MAN!
You stupid twit You dare compare Bill Gates to Urban You are such a dim wit your brain needs a wheelchair too
IP: Logged |
posted
~fishing4diamonds~ Administrator ***** member is offline
[avatar]
Joined: Aug 2004 Gender: Male Posts: 7,298 Location: ON DA BOAT
Re: Are you as frustrated as me? « Reply #32 on Today at 11:24am » What about pr'ing retirement and diluting instead?
What about saying you're using 40 billion of your own shares (to avoid diluting the share structure) for the Nevada deal...........AND YOU DON'T HAVE 40 BILLION SHARES?
Ah crap.......I could go on and on.....but it isn't worth it anymore.
If you guys can't see that the Messiah Urban has done some bad shiet, then why should I try to convince you otherwise.
Joined: Jan 2005 Gender: Male Posts: 1,051 I know EXACTLY what will happen and WHEN « Thread Started on Today at 4:29pm »
-------------------------------------------------------------------------------- Hi. Well you know I don’t, really. I just wanted to get you in here to have a chat. Truth is, no one knows. Not me, not you. Not georgeburns, fishing4diamonds, Canuck, phxgold, zeninvestor, JJ, tramp, Dr.Diamond or even the newer posters like mrabner, longterm or for that matter…any of the other brand name posters.
If any one really knew what was going to happen or when, they wouldn’t be on this board…or any board. So what’s the point? That IS the point. The whole idea is to discuss the information that is discovered, uncovered, learned or even rumored. The information, not necessarily the informer. And in my opinion, that’s the focus we need to get back to.
If you’re negative on the stock right now, or the principles of the company, it is fine to post that point of view and the associated reasoning when pertinent. But it ought not be fine to try to convince others that your opine is the only one someone should subscribe to. “I’m not feeling very positive and here’s why…do you think this makes sense?” If you think they’re idiots for not “seeing it” then laugh to yourself, rather than cause chaos by ripping them on the board. (“Kool-Aid gulping…”)
If you remain positive on the stock right now, or the principles of the company, it is fine to post that point of view and the associated reasoning as applicable. But if ought not be fine to tell another person to take a long walk off short pier just because they don’t feel the same way or share the same optimism. “I still think there is great promise here because…am I missing it, or do you see my point?” If you think they’re idiots for not “seeing it” then laugh to yourself, rather than telling them to sell their shares and leave. (“basher”)
Regardless of where you’re at, to accentuate your position as the FACTS is to color the opposite position as not fact. Mindshare is the goal of all sellers and if you can convince enough people to your point of view then you can achieve a tipping point for your objective. Politics at work. People fall for conventional wisdom every time and when you shift people's perceptions, their actions follow.
If georgeburns’ father is as astute as GB thinks he is (“where there is confusion there is profit”) then GB your dad couldn’t have picked a better stock or timing for that saying to be applied to—and this must be very profitable! Confusion reigns right now. Regardless if you are pro or con at the moment, one thing we can all agree on is that there are CMKX detractors out there. Those market influencers that would like nothing more than to divide the solidarity of shareholders. Those that would like for you to lose your faith in the company, your investment savvy, your resolve. If they can come to this board or any other and sow discord, they take one step closer to achieving their goal.
I know what you’re thinking…who is this nut that he posts as though he has all the answers? I recognize that I don’t, so you can save your fingers from sending the message. But that’s why I am here…to try to make heads or tails of the situation. I see the negative and the documents that appear to confirm some of it. It’s tough stuff, to be sure. I see the assets attributed to the company. They remain promising if confirmed. I am taking both the good and the bad and tempering it with my own resolve to wait it out. It’s risky, to be sure. Is it smart? Maybe not. But it is what it is and until we hear directly from the company or the SEC or both—there is no sense in railing on one another, IMO.
"We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX.
First off, there is no rule or regulation that forbids Urban from providing information through filings. By far the the most important information that Shareholders desire at this point are items that would appear in an annual or quarterly report, such as:
- Assets and Liabilities - Cash flow statements - Balance sheets - Statement of stockholders' equity - Notes to the Financial Statements
Now it is true that it would be unwise to put out another "CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite" PR while withholding the true lab results. This would be frowned upon. I dare say if they had of kept releasing these type of PR during the Halt or Administrative Proceedings we may not have the luxury of a review of Judge Murray's decision.
In a following PR 5/4/2005 - CMKM Diamonds Updates Stockholders on the Status of the Upcoming Administrative Hearing
CMKM stated:
"CMKX believes it is in the best interest of its stockholders to be informed about the securities in which its stockholders invest and CMKX acknowledges that all of its stockholders have a right to access public information."
"CMKX reminds its stockholders and the investing public that all corporate updates will be made solely through press releases and/or current reports on Form 8-K as and when they become available."
Urban has obviously changed his tune when it comes to the dissemination of information. The company speaks of the need for shareholders to have information and How CMKX will communicate to its shareholders and the SEC. Gone is the threat to withdraw information.
IP: Logged |
posted
The plagiarism is really getting out of hand. If you can't come up with an intelligent and reasonable thought, please don't steal others thoughts and posts.
Sarge God of Diamonds
member is offline
Joined: Nov 2004 Gender: Male Posts: 681 Location: Alberta, Canada Re: Are you as frustrated as me? « Reply #92 on Today at 9:25pm »
Today at 8:52pm, TRRonin wrote: Today at 8:48pm, Sarge wrote:
There is no debate. This is from a company PR.
CMKM Diamonds Comments On SEC Administrative Proceeding 3/24/2005 :
"CMKX believes that it is required to have its securities registered under Section 12 of the Exchange Act as a result of the number of its stockholders, at least 698 in July 2003 and in excess of 2000 in February 2005."
things change.
glad you singled me out though. im a lazy guy and i was not going to bother bringing this up but what the heck.
"Urban's Statement about the SEC not wanting CMKM to communicate to shareholders was erroneous and completely false."
prove it. or add imo.
Trronin,
Urban's Full statement is as follows.
"We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX.
First off, there is no rule or regulation that forbids Urban from providing information through filings. By far the the most important information that Shareholders desire at this point are items that would appear in an annual or quarterly report, such as:
- Assets and Liabilities - Cash flow statements - Balance sheets - Statement of stockholders' equity - Notes to the Financial Statements
Now it is true that it would be unwise to put out another "CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite" PR while withholding the true lab results. This would be frowned upon. I dare say if they had of kept releasing these type of PR during the Halt or Administrative Proceedings we may not have the luxury of a review of Judge Murray's decision.
In a following PR 5/4/2005 - CMKM Diamonds Updates Stockholders on the Status of the Upcoming Administrative Hearing
CMKM stated:
"CMKX believes it is in the best interest of its stockholders to be informed about the securities in which its stockholders invest and CMKX acknowledges that all of its stockholders have a right to access public information."
"CMKX reminds its stockholders and the investing public that all corporate updates will be made solely through press releases and/or current reports on Form 8-K as and when they become available."
Urban has obviously changed his tune when it comes to the dissemination of information. The company speaks of the need for shareholders to have information and How CMKX will communicate to its shareholders and the SEC. Gone is the threat to withdraw information.
IP: Logged |
posted
legal...facts are facts. just because you & the rest of the cult do not want them to be facts doesn't change anything. this chit about...i'm feeling negitive today & here's why or i'm positive today is meaningless. having a hunch about a stock is 1 thing but when facts come out stating your hunch is wrong you accept it & sell. if those facts say the company is a fraud you sue or work to get the correct ppl in jail. the master list includes transactions from 2003 until 2005, just before the list was given to the SEC. you have a large auditor saying there are things that are not looking legal here, why? he talked & met with cmkx & after that talk decided everything from that point on better be in writing, not verbal. not a good thing. the company lawyer say UC had the right to issue or loan out whatever he wanted to. the cmkx lawyer says less then 25% of the need info to create auditable books is available. you think a lawyer is going to put a bold face lie in the public record with that statement??? that cmkx might really have all the books?? you think because mahoo is there it cant be a scam...remember a guy named Judas??? which side did he end up on??? i think it had something to do with silver, the cash of the day. at 87 its probably easy to keep him in the dark what with promoting his book & all. you have the SEC asking the auditor to help them find ppl connected to cmkx. 99.9% of the time ppl hide when guilty of a crime. 99.9% of the time they are easy to find if not guilty. UC can't hide or criminal charges will be brought. with the facts out right now feeling a bit negitive SHOULD be an understatement.
-------------------- "keep your stick on the ice & your cup firmly in place"
IP: Logged |
posted
Well, they may not show up here, but from what I read, there are a lot of people who are disillusioned by UC and his goings on. More are demanding information to which they are entitled. More are dropping the koolaid facade, and saying how they really feel. I guess those of us here were just a bit ahead of the times. It will all catch up with UC in the future. I just hope it doesnt take another 5 years for the truth to finally come out.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
Joined: May 2005 Posts: 586 Jay Adobe Identified!!!!!!!! Seriously!! « Thread Started on Aug 2, 2005, 10:44pm »
-------------------------------------------------------------------------------- Well, after some sleuthing, I did in fact identify Jay Adobe and confront him. For reasons I can't disclose, I struck a deal with him. I will keep his identity confidential and, in exchange, he agreed to help me and others understand himself more completely. Accordingly, he wrote the following which I present to you. After reading it, you will be able to think and see things from his perspective.
Speaking Jay Adobese
Lesson 1: Scripting
When people ask relevant questions that have no good answer, tell them it was scripted.
Example:
Mock occurrence - Bob Maheu dies of a heart attack.
Response:
If you really believe this heart attack wasn't scripted from the beginning, you haven't followed too closely. We are in good hands and, even in death, Mr. Maheu can condition atmospheres. Try not to see the negative and instead understand how his passing fit this plan perfectly. The judge, Ms. Hakala, Don Stoecklein and other prominent officials were all well aware of Bob's myocardial infarction in advance and are acting on this public stage perfectly. It has all been scripted and is simply playing out.
Lesson 2 :Backpedaling
When posters uncover evidence that disproves your lies, simply ignore them or better yet, compound the lie with more.
Example: A poster discovers that the 360 shareholders were in fact not all indians on reservations. In fact, tangibly none were.
Backpedal response: You have not compared names. Do all indians have indian sounding names? Research the list and you will be surprised at what you will find.
HOT TIP: Advanced Backpedaling technique - Confuse them further with long lists. The more exhaustive the list, the more knowledgeable you will appear. Example: The Indians may in fact have long been a part of a long list of entities that make cmkx unique such as Shane, USCA, Wescan, Diagem, SGGM, Stoecklein, Urban, Tweedle Dee, Tweedle Dum, Freddy Kruegger, Iron SpongeBob, Madonna, Jim Henson's Muppets, Tonya Harding and Ralphie from A Christmas Story.
Lesson 3: Time Management
With so many expectations, shareholders always want to know a timeline. The trick is to perpetually keep resolution possible, but safely out of reach.
The "Tack" Approach: There is literally no delay that can't be refuted by "These are simply tacks thrown in our way, but they cannot stop us."
The "We Wait" Approach: This one could stop Jeff Gordon on a dime. Shareholders cannot repel this uber-response. Couple this with a "The script is being played out" (see above) and you have a lethal headlock on any possible shareholder rebuttal.
Lesson 4: Predictions
Make frequent predictions that will prove wrong. While this might seem counterintuitive, you actually STRENGTHEN your credibility when you come back unphased and making new predictions, thus ushering in a chorus of "Nobody could be that wrong that many times and still be that confident. Thus he must be right."
I hope you understand why I must keep Mr. Adobe's identity a secret at this time. Hopefully, the above primer has to some extent lifted the veil of secrecy by this very credible poster and helped you to understand.
-------------------- Invest with your brain not with your heart.
IP: Logged |
posted
you would think that at some point the paid pumpers would shut up & fade away...wishful thinking i guess. but then where else can we get such fantastic theories....lol
-------------------- "keep your stick on the ice & your cup firmly in place"
IP: Logged |
Ran across an interesting article this morning that contained a little story about Maheu and one of his "CIA backed deceptions". It gives us a bit of an idea about how he works and how deception is utilized in "atmosphere conditioning".
Maheu and Deception
After having some success in circulating the rumor, the CIA decided to come up with "proof." According to Blum: "A substantial effort was made to come up with a pornographic film or at least some still photographs that could pass for Sukarno and his Russian girl friend engaged in his favorite activity. When scrutiny of available porno films (supplied by the Chief of Police of Los Angeles) failed to turn up a couple who could pass for Sukarno (dark and bald) and a beautiful blonde Russian woman, the CIA undertook to produce its own films... The outcome of this effort was a film produced for the Agency by Robert Maheu, former FBI agent and intimate of Howard Hughes. Maheu s film starred an actor who resembled Sukarno.... The CIA also developed a full- face mask of the Indonesian leader which was sent to Los Angeles where the police were to pay some porno-film actor to wear it during his big scene. This project resulted in some photographs, although they apparently were never used. In other parts of the world, at other times, the CIA has done better in this line of work, having produced sex films of target subjects caught in flagrante delicto who had been lured to Agency safe-houses by female agents" (Blum, at pages 110-111).
Deception as Science
Social psychology textbooks list several ways in which audiences can be deceived by propaganda. First of all, audiences are more likely to accept an idea if they believe it was heard inadvertently; in other words, there is a natural tendency to resist a message that is presented in an assertive way, while there will be far less negative reaction if the audience hears the same theme in a context that is relatively "matter-of-fact." Audiences are also more likely to actually change their opinions if they receive a message from a variety of sources that mutually reinforce one another. Similarly, people tend to approve of a statement made by someone who is in some way similar to them, an expert on the topic under discussion, or one who begins by expressing an opinion with which the listener (or viewer or reader) strongly agrees. Under some circumstances, propaganda messages can be made more potent by incorporating opposing arguments in a way that tends to discredit them, while at the same time giving the audience the impression that it is hearing both side of the debate. In large operations, propagandists often stimulate changes in attitudes by generating a "band-wagon effect" -- creating the false impression that a particular set of beliefs is more widely accepted than it really is. And where a specific behavioral change is the intended goal of a communications campaign, it is extremely useful to get members of the target group either to express the idea publicly (thereby committing themselves to it) or to engage in the desired conduct in some way short of compulsion (so that they assume "ownership" of the idea). In either case, the tendency is to continue to defend the opinion or action and in so doing to internalize the propaganda. There is no question that propaganda which discreetly and consistently applies these principles can produce profound and far reaching changes in the societies against whom it is directed. The reasons are relatively simple. Individuals are part of groups. They share customs and common values with other members of the groups to whom they belong.
Twenty-Five Ways To Suppress Truth: The Rules of Disinformation
(Includes The 8 Traits of A Disinformationalist
Moreover, particularly with respects to public forums such as newspaper letters to the editor, and Internet chat and news groups, the disinfo type has a very important role. In these forums, the principle topics of discussion are generally attempts by individuals to cause other persons to become interested in their own particular position, idea, or solution -- very much in development at the time. People often use such mediums as a sounding board and in hopes of pollination to better form their ideas. Where such ideas are critical of government or powerful, vested groups (especially if their criminality is the topic), the disinfo artist has yet another role -- the role of nipping it in the bud. They also seek to stage the concept, the presenter, and any supporters as less than credible should any possible future confrontation in more public forums result due to their early successes. You can often spot the disinfo types at work here by the unique application of "higher standards" of discussion than necessarily warranted. They will demand that those presenting arguments or concepts back everything up with the same level of expertise as a professor, researcher, or investigative writer. Anything less renders any discussion meaningless and unworthy in their opinion, and anyone who disagrees is obviously stupid -- and they generally put it in exactly those terms.
So, as you read any such discussions, particularly so in Internet news groups (NG), decide for yourself when a rational argument is being applied and when disinformation, psyops (psychological warfare operations) or trickery is the tool. Accuse those guilty of the later freely. They (both those deliberately seeking to lead you astray, and those who are simply foolish or misguided thinkers) generally run for cover when thus illuminated, or -- put in other terms, they put up or shut up (a perfectly acceptable outcome either way, since truth is the goal.) Here are the twenty-five methods and seven traits, some of which don't apply directly to NG application. Each contains a simple example in the form of actual (some paraphrased for simplicity) from NG comments on commonly known historical events, and a proper response. Accusations should not be overused -- reserve for repeat offenders and those who use multiple tactics. Responses should avoid falling into emotional traps or informational sidetracks, unless it is feared that some observers will be easily dissuaded by the trickery. Consider quoting the complete rule rather than simply citing it, as others will not have reference. Offer to provide a complete copy of the rule set upon request (see permissions statement at end):
Twenty-Five Rules of Disinformation
Hear no evil, see no evil, speak no evil Become incredulous and indignant Create rumor mongers Use a straw man Sidetrack opponents with name calling, ridicule Hit and Run Question motives Invoke authority Play Dumb Associate opponent charges with old news Establish and rely upon fall-back positions Enigmas have no solution Alice in Wonderland Logic Demand complete solutions Fit the facts to alternate conclusions Vanish evidence and witnesses Change the subject Emotionalize, Antagonize, and Goad Ignore facts, demand impossible proofs False evidence Call a Grand Jury, Special Prosecutor Manufacture a new truth Create bigger distractions Silence critics Vanish Eight Traits of The Disinformationalist
posted
You are such an idiot legal! Maheu is VERY OLD.... he took the job for the money! Sure, he wants to help, but read the court transcripts... HE KNOWS NOTHING! And don't tell us he was 'playing' the court.... this sounds like perjury... and I don't think 'Iron Bob' is looking to get a huge fine or go to jail!
Maheu is about as useful to CMKX as Frank Gifford being brought back to quarterback for the New England Patriots.
posted
Is this the kind of man you would pick for YOUR board of directors? Think about it !!! He sounds just as bad as some of the worst crooks in the US. The end DOES NOT justify the means.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
