posted
Andy's message today was: "Hello CMKXr's. What is more important to you? UC and TEAM getting CMKX fully reporting again or going after bad guys? I know fully reporting wins and then UC can go after any bad guys. Enjoy your day! Trust the TEAM!"
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Enjoy your day! Trust the team! We scammed you! Get over it! Now leave us alone!
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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Fully reporting? That's a laugh, considering they are one step away from being suspended. They must have access to some REALLY good drugs there....LOL. Next thing they'll be talking about moving to the NY exchange or the AMEX.... Got to give em credit for a lot of balls keeping this thing alive, altho barely breathing.
Seems to me they said dont believe anything that isnt in a PR. To me, that includes Andy's rantings too. So how about a PR? Fat chance !!!!
-------------------- 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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dont you need records & financials to report? oh ya an auditor that won't quit or report illegal activities would help. but i'm forgetting legals idea that the DOJ has a complete set of records & everything is audited for the sting theory. hey legal, ya think maybe they will spring that sting trap before we all die of old age? (no Wallace age joke included so make up your own...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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i think andy has awaken because those that got shares are calling UC & letting him know they ain't going to meet big bubba alone. i bet everyone on that list that can be found has contacted UC by now & since i'm sure UC got a chunk of the cash from those shares they figure it has a protection service included in that payment. remember the SEC asked the last auditor for help locating a few connected to cmkx & odds are they are on that list or at least the master list.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Pedro on Pro******32 has posted some info showing the CIM zinc claims have been allowed to lapse. Some people over there are having a hard time accepting this info as true,likely because CIM and the zinc were spoken of many times as being the real value in the CMKX stock play. Guess it wasn't eh.
Posts: 75 | Registered: Jun 2004
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So legal, posting real DD of facts about losing claims is yelling fire in a crowded theater. But posting unfounded theories as facts is alright. I am lost with that logic.
noahltl God of Diamonds
Joined: Aug 2004 Posts: 850 Re: Well ~~~ The ZINC Claim is gone! « Reply #21 on Today at 4:54pm »
posted
Ric, that is because Pedro is saying something that conflicts with one of legal's pet theories. It doesn't matter how true it might be. First response is to attack....proven fact or not.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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crap on cmkx. just board the AVNC pre-market train and ride it to what non-cmkxers call profit town. choo choo!
Posts: 230 | Registered: Jun 2005
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IMO, legal's theories have more holes than a sieve. He has offered no proof of anything, just innuendo. I just hope that when this whole thing comes crashing down, legal is under it. I would love to see UC and him sharing the same cell. In reality, CMKX has been dead for over a year, and I cant understand what (except the calendar) is keeping it from disappearing completely. My trashman's ex-wife's niece says UC is guilty, and I believe her more than I do legal.
-------------------- 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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Ric, i'm still banned. i tried logging in but no luck. that site is filled with the most out of touch humans on the face of this earth. there are 10 or 15 of them that could have brain surgury performed while posting & nobody would notice including the poster. now they have UC opening mining interests in China??? a company that according to any reports known is $36 million in the hole, lost zinc claims, needs $2 million to keep 1 gold shaft, about $1 billion to get the fabled & hoped for diamond mine running (if they find anything), could have lost a lot of the diamond claims according to published contract & the probable inablity to meet the contract but is going to China to set up new mining oppertunities. i'm starting to think that owning cmkx shares has some weird effect on oxygen levels in the brain.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Pedro's post was like yelling FIRE in a crowded theater. Looking for the same reaction. You see, only two claims expired and they were probably already discovered to be worthless. However, CIM's future is not in zinc, but possibly as the recipient of CMKX claims and assets in a roll-up.
Nice try, but sorry no Ceeeeeeeeeeegar.
Posts: 2375 | Registered: Nov 2004
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This is all too weird. Look at any internet otcbb boards symbol list. See that little 'Q' after the symbol name.? That means 'Bankrupt'. I know some companies keep operating under credit bailout plans and owner receivership options. But these are few. Most 'Q' listed companies just go on trading for years after nothing shows up on any info board. Not even SEC filings for years. They don't seem to exist, yet have share trading volume. How the hell does this go on? And I believe cmkx will linger just like this. Forever ..........ever ....... ever........ever....rr. ......... S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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SS, was there something that made you think CMKX was bankrupt? Like the 1.5 million they are currently spending to move the Ecuadorian processing plant across the street from the mine.
Posts: 2375 | Registered: Nov 2004
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USCA is spending legal not cmkx. i know you cult members like to think they are 1 & the same but try selling your cmkx stock at USCA pps & see what they tell ya. when the pr comes out saying cmkx bought USCA you can say they own it until then its 2 differant companys & what they do is meaningless to cmkx.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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STOCKGATE TODAY An online newspaper reporting the issues of Securities Fraud
Investor Friend or Foe; SEC Commissioner Annette Nazareth derails SRO Enforcement Activities – September 15, 2005
David Patch
Say it ain’t so.
Tell me the top regulator to our Securities Markets didn’t interfere with the enforcement actions of a Self Regulatory Agency (SRO) to protect the illegal acts of Wall Street Institutions.
As reported by the Associated Press yesterday, it now appears that in 2001 Securities and Exchange Commission Director of Market Regulation Annette Nazareth contacted the NYSE and requested that the SRO not bring enforcement actions against a dozen Wall Street Institutions for violations of the document retention laws.
According to the AP story, Salvatore Pallante, former Executive VP of the NYSE, testified this year in an SEC Administrative case against a Wall Street firm that Nazareth asked the NYSE to stop reporting e-mail and record retention violations to the NYSE enforcement division. The SEC also asked the NYSE to withdraw reports made while the SEC was in discussions with the industry.
Ironically, report of this incident came from the SEC’s public records office. An office required by law to maintain records.
If Annette Nazareth had her way this news of interference would have been shredded along with all other evidence of regulatory interference.
Beyond the issues of the SEC strong-arming the SRO’s and Market’s comes the timing of Ms. Nazareth’s actions.
It was in 2001 that NY Attorney General Eliot Spitzer was using the evidence of Wall Street e-mails retained by the firms to make his case against the Industry for research analyst’s conflicts of interest. The result of Mr. Spitzer’s findings was the largest Global Settlement [$1.4 Billion] in the history of the market place. Spitzer was also able to demonstrate the callous and ineffective regulatory performance of the Securities and Exchange Commission in his investigation and settlement.
But how critical is record retention anyway?
It was in December 2001 that Martha Stewart sold those infamous shares of Imclone through her broker Peter Bacanovic. The SEC, in 2002, later charged Stewart with insider trading. In her defense Stewart claimed to have a standing stop loss order in place should Imclone shares drop below a magical number. Her defense later being rejected by all accounts due to a lack of documented evidence to support her claims. Evidence Ms. Nazareth was about to allow to be shredded.
It was less than a year later that the SEC, NASD and NYSE brought enforcement cases against 5 firms for this same retention violation with fines totaling a whopping $8.25 million. The timeliness of such actions so quickly after the initial NYSE enforcement cases were dismissed raise questions and doubt over the authority and objectiveness of Director Nazareth’s initial call.
When asked to comment about whether it was common practice for the SEC to interject their opinion regarding an SRO enforcement proceeding SEC Spokesman John Heine elected to respond with his patented “no comment.” Likewise when asked whether the NYSE routinely took enforcement advice from the SEC after finding of infractions had been identified NYSE spokesman Brendan Intindola provided a similar “no comment”. Intindola would later reference the enforcement actions taken since the Nazareth incident as an indication of the NYSE fulfilling their regulatory duties. Calls to the investor education department of the SEC yielded little by way of informative conversation as well as a clueless Susan Wynerko suggested I speak with an outside Attorney about the SEC’s authority to derail SRO enforcement proceedings. Ms. Wynerko toggled so frequently between the “no comment” and look elsewhere comments I thought I would have to seek a doctor to correct my whiplash problems. Investor education? It was clear this federal Employee was either ignorant or trying to hide something.
Neither the SEC nor the NYSE would comment on whether Nazareth, working out of the SEC facilities to make this call, would be considered a representative of the Commission when derailing the enforcement actions. Mr. Heine once being forthright enough to inform me that it is illegal to use Federal phones for non-business purposes.
In the AP article the spin out of the SEC at the hearing in which Pallante’s testimony was recorded was the argument that the commission did not engage in misconduct and that the SEC staff opinions aren’t the same as the views of the five-member commission. I guess this further question the authority of Director Nazareth to use her office to direct such a change out of the NYSE when the five-member commission did not sanction the derailment of the enforcement actions.
For the record: The case against Raymond James was ruled upon by the SEC administrative Judge today and in that ruling Raymnd James was found not guilty of the record retention problems. The SEC Administrative Judge clearly using Nazareth’s prior actions as justification to that ruling stating “"it would be patently unfair and unacceptable in view of the senior staff's actions and representations to find that Raymond James did not take steps to comply,"
Had this been the first or the last time Ms. Nazareth jeopardized the safety of the investing public her error could be forgiven. Unfortunately this seems to be more a pattern for the recently anointed Commissioner and only raises more doubts about her qualifications for the role.
Case in point.
On record at the SEC is a reform package called Regulation SHO. A package put together by Ms. Nazareth and her staff in the Division of Market Regulation. Also on record are the numerous comment letters provided to the SEC by issuers, investors, State Regulators, and SRO’s on how to properly achieve a high level of investor protection against the abuses of illegal short selling.
The SEC Division of Market Regulation, under Nazareth’s leadership, ignored much of the concerns raised by these various agencies and individuals and instead created policy that jeopardize those already injured while protecting those that participated in the acts of fraud and manipulation. In the release of Regulation SHO the SEC created a ‘grandfather clause’ that protected Wall Street firms from the financial liabilities of the excessive unsettled trades that have become injurious to our small business enterprises, local communities, and investors.
Review of the comment letters for this rule change identifies the significant number of private meetings between members of Wall Street and the SEC Division of Market Regulation to better understand the impact of such proposed changes on their business practices. These meeting are recorded as taking place without meeting minutes presented. What is not recorded, as taking place are the similar meetings with SRO’s NASAA, or Issuers to understand their concerns regarding the proposed rule changes. These are not recorded due to the fact they never happened.
Public comments by Annette Nazareth regarding investor and issuer discontent over the final rule change were cavalier and inappropriate. Nazareth, in a NY times Article dismissed the arguments of the injured parties as simply being disgruntled people disappointed the change did not make the stock prices go up. The fact that the ‘grandfather clause’ is illegal by the standards of law defined under the Securities exchange Act of 1934, and the fact that the clause was intended to protect the liability of the Wall Street firms who lobbied the Division of Market Regulation was never discussed by Nazareth.
The actions of Ms. Nazareth are both documented and highly transparent. Her views of the responsibilities of the agency are not aligned with the agencies charter as defined by Congress. Having a Commissioner in Office who is more concerned about the protectionism of the Wall Street firms over protecting the safety of the investing public is simply a train wreck waiting to happen. Investor Confidence is already at a fragile state and the blunders such as these raise concerns about the agency and the SRO’s ability to enforce our laws.
In December 2004 a Bear Stearns Conference Call regarding Regulation SHO opened with the Bear Stearns General Counsel stating:
"To give you that brief introduction in Reg SHO, the history (of) how we got to where we are today. For the past few years we have been hearing from many different regulators regarding their concerns about the increase in the level of fails that they are seeing. They believe, and they have stated on numerous occasions, that one of the primary causes of the high level of fails was that various participants in the short sale process, prime brokers, executing brokers, clients, were not following already established rules."
The concern now is, was it the SEC’s Division of Market Regulation that Bear Stearns is referencing in this dialogue?
The Senate is presently questioning John Roberts’s integrity to be nominated as Chief Justice of the Supreme Court. Concerns over how his decisions will impact our nation for years to come are what prompt this concern. It was only recently that the Senate nominated Annette Nazareth for the position of Commissioner to the SEC. It is clear that this may have been in haste as the decisions Nazareth has made in the past and will make in the future will impact the securities Industry and can have a significant impact on the stability of our economy for years to come.
It is my personal recommendation that Nazareth resign from the Commission for the safety of our Markets. If Ms. Nazareth chooses not to, the Senate Banking Committee must review these actions taken by Ms. Nazareth and decide whether she not only overstepped her authorities and in doing so aided Wall Street in acts of Securities violations. The Administrative Judges ruling in the Raymond James proceeding today clearly demonstrates the callous nature of Ms. Nazareth’s activities.
quote:Originally posted by bill1352: USCA is spending legal not cmkx. i know you cult members like to think they are 1 & the same but try selling your cmkx stock at USCA pps & see what they tell ya. when the pr comes out saying cmkx bought USCA you can say they own it until then its 2 differant companys & what they do is meaningless to cmkx.
I know the difference bill, my statement stands.
Posts: 2375 | Registered: Nov 2004
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This company is in the wrong business. If they all open their mouths at the same time, they could fill the supply of fertilizer for the entire North American continent. Everybody knows what's going on, but nobody cares to share the secret. Nobody has proof of anything, so it all comes out bullsquat.
-------------------- 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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this stock is junk do not buy,SCAM,SCAM,SCAM
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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Questions that legal's grandkids will ask him:
Q: Grandpa, why are we living in a shelter? A: Because Grandpa was stupid and invested in a stock scam.
Q: Grandpa, why can't I go to college? A: Because Grandpa invested your college money in a stock scam.
Q: Grandpa, why do we have this new toilet paper? A: Because Grandpa needed to do something with these CMKX certs!
Gosh... is there a trend here? Shhhh, can you hear it? Nope... I can't either.... CMKX is dead.... wake up!!!!
Posts: 86 | Registered: Aug 2005
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quote:Originally posted by santacruzblur: Questions that legal's grandkids will ask him:
Q: Grandpa, why are we living in a shelter? A: Because Grandpa was stupid and invested in a stock scam.
Q: Grandpa, why can't I go to college? A: Because Grandpa invested your college money in a stock scam.
Q: Grandpa, why do we have this new toilet paper? A: Because Grandpa needed to do something with these CMKX certs!
Gosh... is there a trend here? Shhhh, can you hear it? Nope... I can't either.... CMKX is dead.... wake up!!!!
Got the wrong guy there Santa. I have less than one month's pay invested in CMKX. When it hits, the grandkids will have much to say, but not as it relates to any "losses". However, I wonder what they will ask you about "opportunities lost".
Posts: 2375 | Registered: Nov 2004
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what are we going to do with you legal? is reality so depressing that escaping in the dream of a scam not being a scam the only enjoyment left for you? try hookers instead. at least then your dreams will be from real life experiances not some cooked up fantasy that has no hope of ever coming true.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Legal, I was making a comparison to already existing bankrupt companies continuing to trade well after information about them stops being upgraded news wise. My analogy is suggesting that cmkx may never go away, one way or another. That is all. I don't appreciate you putting your slant on my words, thankyouverymuch.! Um ... you have a Ecuadorian processing plant too???? Who are you REALLY??
S 5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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Oh, and Legal... many people come to these boards by stumbling on them, or seeing about them in a cross post or just a google search. I myself did a google search for cmkx/cmkm. I don't expect most people to go back and read the volumes of type you have spewed since who knows what....so don't be so hard on them.
SSSSS555555
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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AAAnd.... it may amaze you Legal that bunches of info/forum/stock boards outside of this vaccum in the real world, have never heard of LEGALEAGLE.
s5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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One thing I have to agree with legal about is this will be the stock play of a lifetime. The ones that get burnt will never forget this one and many will lose a lifetimes worth of savings. Because after the burn sets in there will be a lot of people that should have been in mutual funds or something like that. Playing the market isn't for everyone especially pinksheet. They have to be burnt real bad before they learn. Too bad that so many will lose there life savings to learn this lesson.
-------------------- Learn the hard way with pennies Posts: 153 | Registered: Nov 2004
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i see frizzys at it again. what edwards marrige has to do with it i'm not sure. everyone UC gave shares to got shares for wives & kids. heck he has shares to aunts, uncles & in-laws, his butcher, baker & candlestick maker too. the fact that edwards is crooked is a given, everyone UC deals with is crooked. those that aren't crooked left as in 2 auditors. i'm guessing but i bet nobody at stockliens office or cmkx is returning frizzy's calls these days...lol. he may not be naming UC in anything for the dillusional OG but keeping this pressure up on UC's buddies will flush him out in the long run.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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It is pretty bad when it is not even worth bashing anymore. I guess they ran out of rumors to give us all laughs with. Maybe since they are in Vegas they can claim Elvis is now on the board so it must be legit. Hey ever think this sting could be Maheu sent in by the FBI to sting UC? I love how the longs claims he not there for the everyday business but for the SEC and filings yet he didn't even know the auditors were not getting any information.
Looks like the fun on this board is ending alone with this stock. This was always a great thread to get laughs. I sort of hate seeing it go with all the great investors in here showing how real DD is done by taking the pumpers theories down like they should be. This is, was, and will be a scam. But the fun in here was what made it worth while.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Even transfusions and o2 can't keep this puppy alive
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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I partially remember my first "hearing" of this CMKX , "stock of the century" carp. It was just about the time of the webcast, of the shareholders meeting in Vegas I think, where they showed clips of race cars. This lady jumped on the stage and said something like, "Where are the diamonds? I invested in a diamond exploration company, not a race team." LOL.....that's not exact, but what I remember of the webcast....it was instantly obvious, something was "not as it would seem" LOL....funny chit...carry on
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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Everyone should have seen the Got CMKX funny car for what it was. It even said it on the car. Please buy shares. Do you think that I can get 50,000 people to fund my hobby?
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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