Post by stevpot99 on Jul 9, 2004 0:05:39 GMT -5
wenjacks
On 11/26/2002 the authorized shares (to issue) of CMKX was 100 billion.
On 12/18/2003 an amended was filed to increase the authorized shares (to issue) of CMKX to 200 billion.
On 03/01/2004 an amended was filed to increase the authorized shares (to issue) of CMKX to 500 billion.
Just theory
/////////////////////
When UC issued the CIM dividend, UC would have found out how many shares are on the market trading (to include naked shorts).
The brokers calculated the quantity of shares to post on their clients account.
The brokers sent the CIM quantity information to the TA.
The TA recorded all CIM posted from all brokers.
Then the TA gave UC the total CIM shares recorded.
UC takes that number of CIM shares and multiply's by 100.
Bingo. Now you have the total shares traded on the market.
UC looks at CIM authorized shares of 25 million (yes Million) only.
Uc thinks sh#t, there are billions and billions of unauthorized naked shares on the market.
Now UC is aware of the amount of ahsres being traded back and forth.
/////////////////////////
UC increases the authorized shares of CMKM to 200 bilion.
The UC increases the shares of CMKM to 500 billion.
Why did UC increase the authorized shares?
It was all a game.
A game to catch the MM's shorting CMKX.
The MM's see the amended articles of incorporation filed, increasing the authorized shares to 500 billion.
The MM's believe there are 500 billion issued and outstanding shares of CMKX on the market.
The MM's start naked shorting because they know the company is bankrupt. There would be no need to cover.
But UC pulled a fast one.
Even though UC increased the authorized shares,
UC never issued them.
They are still being held in the treasury.
/////////////////////////////////
We know that on September 30, 2003 the issued shares were 7 billion. SEC filing.
Whatever shares that were issued from 09/30/2003 until today, were issued to:
UC for Salary
UC for debt conversion
UC family for salary (board members)
All those shares issued are still held by UC family.
On 11/26/2002 the authorized shares (to issue) of CMKX was 100 billion.
On 12/18/2003 an amended was filed to increase the authorized shares (to issue) of CMKX to 200 billion.
On 03/01/2004 an amended was filed to increase the authorized shares (to issue) of CMKX to 500 billion.
Just theory
/////////////////////
When UC issued the CIM dividend, UC would have found out how many shares are on the market trading (to include naked shorts).
The brokers calculated the quantity of shares to post on their clients account.
The brokers sent the CIM quantity information to the TA.
The TA recorded all CIM posted from all brokers.
Then the TA gave UC the total CIM shares recorded.
UC takes that number of CIM shares and multiply's by 100.
Bingo. Now you have the total shares traded on the market.
UC looks at CIM authorized shares of 25 million (yes Million) only.
Uc thinks sh#t, there are billions and billions of unauthorized naked shares on the market.
Now UC is aware of the amount of ahsres being traded back and forth.
/////////////////////////
UC increases the authorized shares of CMKM to 200 bilion.
The UC increases the shares of CMKM to 500 billion.
Why did UC increase the authorized shares?
It was all a game.
A game to catch the MM's shorting CMKX.
The MM's see the amended articles of incorporation filed, increasing the authorized shares to 500 billion.
The MM's believe there are 500 billion issued and outstanding shares of CMKX on the market.
The MM's start naked shorting because they know the company is bankrupt. There would be no need to cover.
But UC pulled a fast one.
Even though UC increased the authorized shares,
UC never issued them.
They are still being held in the treasury.
/////////////////////////////////
We know that on September 30, 2003 the issued shares were 7 billion. SEC filing.
Whatever shares that were issued from 09/30/2003 until today, were issued to:
UC for Salary
UC for debt conversion
UC family for salary (board members)
All those shares issued are still held by UC family.