Post by azesm on Oct 19, 2004 20:03:07 GMT -5
FWIW: From another board.
shazam
Dr. Of Diamonds
member is online
Posts: 102
OH MY GOD!!!!! This is it...Were Rich!!!
« Thread started on: Today at 6:23pm » <br>(One quick note....seems like his math is skeew'd on the UCAD ratio....but this is nothing compared to the rest.....Im rich Beotch
Sorry Burnsie....this dude is my new hero
Written by: Coreton Posted here 09.17.04
Once again UC and RG caught us all off guard with an announcement no one expected, and no this is not the first time this has happened. After speaking to Urban at the Topeka race back in May I was led to believe that UCAD was not a part of CMKX’s bigger picture. The pictures of the funny car were removed from the UCAD web site and the UCAD stuff was stripped from the car before the Topeka race. In fact Mr. Casavant lead me to look in a totally different direction in regards to one of the other JVs. Now we are swapping shares with UCAD and their Parent company Nevada Minerals for interest in their claims and ours.
We are being led to believe now that there will be no deals with the MMs, that it is Illegal or whatever other reason you can come up with. I feel this could be another ruse just like the UCAD SGGM and GEMM deals. Remember that we started off Looking at GEMM (Juina) back in Febuary then all of a sudden the deal was made between UCAD and GEMM and now we are going to end up with a possible 220+ million shares and 49% interest in them. Please note that not one word was leaked or mentioned about any of these deals prior to it happening.
Now lets take another look at what is known at this time, and what we are being told is happening…<br>
What we know is this;
We are getting shares of UCAD PRed
We are getting shares of GEMM on October 1st PRed
We are getting shares of Casavant International Mining (CIM) PRed
We Just received 200billion shares of SGGM PRed
If we figure the daily volume average of 3.2 billion shares traded every day since Feb 1st 2004 were sells to the float and came only from the AS since we became CMKX plus the 10 billion that existed at the time of the Ticker symbol change. Our MAX FLOAT could only be 147 trading days x 3.2 billion per day plus the 10 billion already out there or (147 x 3.2 billion) + 10 billion That's 470.4 billion plus 10 or 480.4 billion total. This is the absolute Maximum the float can be as of the end of the day 9-16-2004. The rest are restricted and part of the OS.
D. Roger Glenn’s involvement
Dr. Mark Hutchinson is now UCAD’s Geologist as per Rendell Williams web cast with Green Baron. Hutchinson was the Geologist for CMKM in Feb of 2003.
Arial Survey results indicate 100’s of anomalies on our claims PRed
First time Non magnetic Survey was done in the FALC area PRed
At last count 1.9 million acres in the FALC area PRed
I think you get the point here, I will look mainly at the first 5 anyway...
Now looking at the first 5 and we will speculate that there is a short issue on CMKX. It does not matter how big it is just that there is even one NSS of CMKX out there. This means that whoever issued that share must now short the Dividend shares that we are going to receive in order to cover that one share or buy back that 1 share he shorted. Lets say he wants to cover the divvy with another shorted share of the dividend shares. Now he has two but one is restricted so he feels OK with that, no worries for a year. So now fast-forward to the last dividend distribution date (I won't count SGGM because no PR has come out saying we will get those). For the 1-shorted CMKX share we now have a shorted share equivalent in UCAD, CIM and GEMM.
Now there are no worries on UCAD because it is restricted for at least a year. No worries on CIM because it is private for now and can be covered later. So the only one that is not private or restricted is the GEMM shares. Lets take each and decide what we want to do in each case.
First UCAD. Based on the current figure being showed and accepted by many of .0000962 we will get 96 shares of UCAD per million CMKX or a cash ratio .000048 so why would I buy back a shorted share of CMKX for .0004 when I can short UCAD and it costs me only .000048. 96 x $5.00 = $48.50 or 48.50/1 million = .000048… that's 1/10th of the current PPS of the CMKX shorted share… so I would short UCAD.
(see next post)
shazam
Dr. Of Diamonds
member is online
Posts: 102
OH MY GOD!!!!! This is it...Were Rich!!!
« Thread started on: Today at 6:23pm » <br>(One quick note....seems like his math is skeew'd on the UCAD ratio....but this is nothing compared to the rest.....Im rich Beotch
Sorry Burnsie....this dude is my new hero
Written by: Coreton Posted here 09.17.04
Once again UC and RG caught us all off guard with an announcement no one expected, and no this is not the first time this has happened. After speaking to Urban at the Topeka race back in May I was led to believe that UCAD was not a part of CMKX’s bigger picture. The pictures of the funny car were removed from the UCAD web site and the UCAD stuff was stripped from the car before the Topeka race. In fact Mr. Casavant lead me to look in a totally different direction in regards to one of the other JVs. Now we are swapping shares with UCAD and their Parent company Nevada Minerals for interest in their claims and ours.
We are being led to believe now that there will be no deals with the MMs, that it is Illegal or whatever other reason you can come up with. I feel this could be another ruse just like the UCAD SGGM and GEMM deals. Remember that we started off Looking at GEMM (Juina) back in Febuary then all of a sudden the deal was made between UCAD and GEMM and now we are going to end up with a possible 220+ million shares and 49% interest in them. Please note that not one word was leaked or mentioned about any of these deals prior to it happening.
Now lets take another look at what is known at this time, and what we are being told is happening…<br>
What we know is this;
We are getting shares of UCAD PRed
We are getting shares of GEMM on October 1st PRed
We are getting shares of Casavant International Mining (CIM) PRed
We Just received 200billion shares of SGGM PRed
If we figure the daily volume average of 3.2 billion shares traded every day since Feb 1st 2004 were sells to the float and came only from the AS since we became CMKX plus the 10 billion that existed at the time of the Ticker symbol change. Our MAX FLOAT could only be 147 trading days x 3.2 billion per day plus the 10 billion already out there or (147 x 3.2 billion) + 10 billion That's 470.4 billion plus 10 or 480.4 billion total. This is the absolute Maximum the float can be as of the end of the day 9-16-2004. The rest are restricted and part of the OS.
D. Roger Glenn’s involvement
Dr. Mark Hutchinson is now UCAD’s Geologist as per Rendell Williams web cast with Green Baron. Hutchinson was the Geologist for CMKM in Feb of 2003.
Arial Survey results indicate 100’s of anomalies on our claims PRed
First time Non magnetic Survey was done in the FALC area PRed
At last count 1.9 million acres in the FALC area PRed
I think you get the point here, I will look mainly at the first 5 anyway...
Now looking at the first 5 and we will speculate that there is a short issue on CMKX. It does not matter how big it is just that there is even one NSS of CMKX out there. This means that whoever issued that share must now short the Dividend shares that we are going to receive in order to cover that one share or buy back that 1 share he shorted. Lets say he wants to cover the divvy with another shorted share of the dividend shares. Now he has two but one is restricted so he feels OK with that, no worries for a year. So now fast-forward to the last dividend distribution date (I won't count SGGM because no PR has come out saying we will get those). For the 1-shorted CMKX share we now have a shorted share equivalent in UCAD, CIM and GEMM.
Now there are no worries on UCAD because it is restricted for at least a year. No worries on CIM because it is private for now and can be covered later. So the only one that is not private or restricted is the GEMM shares. Lets take each and decide what we want to do in each case.
First UCAD. Based on the current figure being showed and accepted by many of .0000962 we will get 96 shares of UCAD per million CMKX or a cash ratio .000048 so why would I buy back a shorted share of CMKX for .0004 when I can short UCAD and it costs me only .000048. 96 x $5.00 = $48.50 or 48.50/1 million = .000048… that's 1/10th of the current PPS of the CMKX shorted share… so I would short UCAD.
(see next post)