Post by fastwalker on Oct 23, 2004 21:00:47 GMT -5
:oPedro's theory....(no offense, Pedro)
« Thread started on: Today at 3:04pm » <br>
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PEDRO's theory?
I received a lot of PMs asking me about Pedro's theory. I enjoyed the fact that he referenced many PRs and other documents in his theory. I disagree with a majority of it though. This is part 1... I will post part II shortly. I mean no offense to Pedro as he spent lots of time on this and it is pretty well thought out.
Quote:*********************** Section 1 ***********************
Will the PPS of CMKX ever reach: “To The Moon?”<br>
No.
Never!
If you are waiting for the PR on the O/S, hoping the PPS of CMKX will reach the Pennies?
It will never happen.
If you are waiting for a PR on the Mother Load, hoping the PPS of CMKX will reach the Pennies?
It will never happen.
Why?
There are 1.5 Trillion Shares of CMKX being traded on the market.
Every time the PPS goes up, shareholders of the 1.5 trillion (shares) will sell.
Selling will lower the PPS.
Why?
The MM’s will never allow CMKX to reach into the Pennies.
Every time the PPS goes up, the MM’s will continue to short sale CMKX into oblivion.
Selling (NSS) will lower the PPS.
In other words:
There are too many shares on the open market (1.5 Trillion Shares).
And, the MM’s can create as many “more” shares as they want.
1. There will not likely be a PR saying the OS. This happens in a filing.
2. There are not 1.5 trillion shares being traded on the market. The ratios indicate an O/S of 779 Billion. The float will be lower. (I am talking legitmate float)
3. By continuing to issue NSS the MMs are screwing themselves. They will realize this at one point or another, with every passing record date.
Quote:*********************** Section 2 ***********************
What do we know about the Carolyn Core Analysis?
Nothing!
What do we know from the Canadian JV Partner’s PR?
www.sedar.com/csfsprod/data47/filings/00659963/00000001/u%3A%5Cpinechannel%5CNRjune15.pdf
Five (5) holes were drilled.
Let’s break down each drilled hole separately by percentages.
Hole #1 = 20%
Hole #2 = 20%
Hole #3 = 20%
Hole #4 = 20%
Hole #5 = 20%
Total = 100%
Only two (2) Holes were sampled
(The results are for holes #1 and #2).
Of these two holes sampled, only 50% of each hole was sampled
(The samples are of split NQ, and the other half of the core has been retained in a secure warehouse).
Therefore each hole should be broken down into “Sampled” and “Not Sampled”<br>
Hole #1 = Sampled = 10%
Hole #1 = Not Sampled = 10%
Hole #2 = Sampled = 10%
Hole #2 = Not Sampled = 10%
Hole #3 = Sampled = 0.00%
Hole #3 = Not Sampled = 20%
Hole #4 = Sampled = 0.00%
Hole #4 = Not Sampled = 20%
Hole #5 = Sampled = 0.00%
Hole #5 = Not Sampled = 20%
Total = 100%
Add up the percentage “Sampled” and percentage “Not Sampled:”<br>Sampled = 20%
Not Sampled = 80%
20% of the drilled samples have been tested for “Diamonds.”<br>80% of the drilled samples have NOT been tested for “Diamonds.”<br>
0.00% of the drilled samples have been tested for “Other Valuable Materials.”<br>100% of the drilled samples have NOT been tested for “Other Valuable Materials.”<br>
1. What this has to do with the theory... I don't know.
2. Cool thing about being non reporting... you don't have to report. No public shareholder knows what has been sampled/tested.
Quote:*********************** Section 3 ***********************
What do we know about the UCAD Stock Dividend?
The good part about the UCAD Stock Dividend is that we know the “Issued and O/S Shares of CMKX.”<br>
www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date
What is the Issued and O/S Shares of CMKX?
(7,500,000) / (0.00000962) = 779,625,779,626
The Issued and O/S Shares of CMKX is: 779,625,779,626 Shares
How many shares of UCAD will we receive?
(1) / (0.00000962) = 103,950
We will receive one (1) share of UCAD for every 103,950 shares of CMKX
What we DO NOT KNOW is:
What are the Restricted Shares of CMKX?
What is the Tradable Float of CMKX?
Correct. But you said there was 1.5 trillion shares trading above.
Quote:*********************** Section 4 ***********************
What do we know about the CIM Stock Dividend?
Before we continue, you must understand the ratio structure of the CIM Dividend.
Normally a dividend ratio is calculated by using the “Issued and O/S Shares” of a company. Just like UCAD above.
However, CIM is different.
The CIM Dividend Ratio is calculated by using the “Total Shares Owned by All Shareholders.”<br>
You need to understand the wording of the PR that was issued.
The key words are:
----- Pro Rata
----- All CMKM shareholders
biz.yahoo.com/bw/040719/196042_1.html
What is UC doing?
Let’s use this example:
There are 1.5 Trillion Shares of CMKX on the market.
Hypothetically, I personally own 150 Billion Shares.
Therefore, I would own 10% of all CMKX shares on the market.
Forget about the percentage (%) based on the A/S of 800 Billion Shares.
Forget about the percentage (%) based on the O/S of 779.5 Billion Shares (from UCAD above).
Focus only on “All CMKM Shareholders,” all tradable shares on the market, all shares owned by all shareholders. All of the Real and NSS shares on the tradable market.
Hypothetically, I personally own 10% of all CMKX shares on the market.
There are 40 Billion CIM Shares available for the dividend.
My CIM Stock dividend would be 10% of 40 billion shares available.
My portion (percentage) of the 40 Billion Shares would be: 4 Billion Shares.
(40,000,000,000) x (0.10) = 4,000,000,000
UNDERSTAND THE PRESS RELEASE
READ THE WORDS IN THE PRESS RELEASE
UCAD Stock Dividend states:
7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record
biz.yahoo.com/bw/040718/185046_1.html
CIM Stock Dividend States:
40 billion shares … will distribute pro rata as a dividend to all CMKM shareholders of record
biz.yahoo.com/bw/040719/196042_1.html
There are three reasons why UC is calculating the CIM dividend ratio based on “all CMKM shareholders” on the market:
-- 1. UC wants everyone to receive the same percentage of CIM ownership, as each individual currently owns in CMKX *** (same percentage based on all shares of CMKX on the market).
-- 2. CIM is a private company *** (is not currently traded on the market).
-- 3. Will eliminate any NSS Stock Dividends paid on CIM *** (or eliminate any NSD, Naked Short Dividend paid).
Remember, UC is trying to avoid a NSS problem with CIM.
Issuing CIM Stock Dividends to CMKX NSS Shareholders would create a NSS problem with CIM.
(Or a NSD problem – Naked Short Dividends)
The good part about the CIM Stock Dividend is that we know the “Total Shares Owned by All Shareholders.”<br>
www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/31/2004&sDateType=Record_date
What is the Total Share owned by “All CMKM Shareholders?”<br>(40,000,000,000) / (0.0256) = 1,562,500,000,000
The Total Share owned by “All CMKM Shareholders is: 1,562,500,000,000
How many shares of CIM will we receive?
(1) / (0.0256) = 39
We will receive one (1) share of CIM for every 39 shares of CMKX
Based on the information from the UCAD dividend above:
Based on the information from the CIM dividend above:
We know the Illegal NSS shares of CMKX.
(1,562,500,000,000) – (779,625,779,626) = 782,874,220,374
The amount of CMKX illegal NSS shares on the market: 782.8 Billion Shares.
Interesting and assuming. Pro-rata could mean he distributes 20 billion now and 20 billion later. I beleive someone called the transfer agent and confirmed this. I did not call so I can not confirm. I was thinking this way last week, but then changed my thinking on the word, "pro-rata". Half now, half later. I do not agree with any theory in which the market makers are helped out. Roger Glenn is of the mental capacity to put these guys through the ringer.
To be continued....
« Thread started on: Today at 3:04pm » <br>
--------------------------------------------------------------------------------
PEDRO's theory?
I received a lot of PMs asking me about Pedro's theory. I enjoyed the fact that he referenced many PRs and other documents in his theory. I disagree with a majority of it though. This is part 1... I will post part II shortly. I mean no offense to Pedro as he spent lots of time on this and it is pretty well thought out.
Quote:*********************** Section 1 ***********************
Will the PPS of CMKX ever reach: “To The Moon?”<br>
No.
Never!
If you are waiting for the PR on the O/S, hoping the PPS of CMKX will reach the Pennies?
It will never happen.
If you are waiting for a PR on the Mother Load, hoping the PPS of CMKX will reach the Pennies?
It will never happen.
Why?
There are 1.5 Trillion Shares of CMKX being traded on the market.
Every time the PPS goes up, shareholders of the 1.5 trillion (shares) will sell.
Selling will lower the PPS.
Why?
The MM’s will never allow CMKX to reach into the Pennies.
Every time the PPS goes up, the MM’s will continue to short sale CMKX into oblivion.
Selling (NSS) will lower the PPS.
In other words:
There are too many shares on the open market (1.5 Trillion Shares).
And, the MM’s can create as many “more” shares as they want.
1. There will not likely be a PR saying the OS. This happens in a filing.
2. There are not 1.5 trillion shares being traded on the market. The ratios indicate an O/S of 779 Billion. The float will be lower. (I am talking legitmate float)
3. By continuing to issue NSS the MMs are screwing themselves. They will realize this at one point or another, with every passing record date.
Quote:*********************** Section 2 ***********************
What do we know about the Carolyn Core Analysis?
Nothing!
What do we know from the Canadian JV Partner’s PR?
www.sedar.com/csfsprod/data47/filings/00659963/00000001/u%3A%5Cpinechannel%5CNRjune15.pdf
Five (5) holes were drilled.
Let’s break down each drilled hole separately by percentages.
Hole #1 = 20%
Hole #2 = 20%
Hole #3 = 20%
Hole #4 = 20%
Hole #5 = 20%
Total = 100%
Only two (2) Holes were sampled
(The results are for holes #1 and #2).
Of these two holes sampled, only 50% of each hole was sampled
(The samples are of split NQ, and the other half of the core has been retained in a secure warehouse).
Therefore each hole should be broken down into “Sampled” and “Not Sampled”<br>
Hole #1 = Sampled = 10%
Hole #1 = Not Sampled = 10%
Hole #2 = Sampled = 10%
Hole #2 = Not Sampled = 10%
Hole #3 = Sampled = 0.00%
Hole #3 = Not Sampled = 20%
Hole #4 = Sampled = 0.00%
Hole #4 = Not Sampled = 20%
Hole #5 = Sampled = 0.00%
Hole #5 = Not Sampled = 20%
Total = 100%
Add up the percentage “Sampled” and percentage “Not Sampled:”<br>Sampled = 20%
Not Sampled = 80%
20% of the drilled samples have been tested for “Diamonds.”<br>80% of the drilled samples have NOT been tested for “Diamonds.”<br>
0.00% of the drilled samples have been tested for “Other Valuable Materials.”<br>100% of the drilled samples have NOT been tested for “Other Valuable Materials.”<br>
1. What this has to do with the theory... I don't know.
2. Cool thing about being non reporting... you don't have to report. No public shareholder knows what has been sampled/tested.
Quote:*********************** Section 3 ***********************
What do we know about the UCAD Stock Dividend?
The good part about the UCAD Stock Dividend is that we know the “Issued and O/S Shares of CMKX.”<br>
www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date
What is the Issued and O/S Shares of CMKX?
(7,500,000) / (0.00000962) = 779,625,779,626
The Issued and O/S Shares of CMKX is: 779,625,779,626 Shares
How many shares of UCAD will we receive?
(1) / (0.00000962) = 103,950
We will receive one (1) share of UCAD for every 103,950 shares of CMKX
What we DO NOT KNOW is:
What are the Restricted Shares of CMKX?
What is the Tradable Float of CMKX?
Correct. But you said there was 1.5 trillion shares trading above.
Quote:*********************** Section 4 ***********************
What do we know about the CIM Stock Dividend?
Before we continue, you must understand the ratio structure of the CIM Dividend.
Normally a dividend ratio is calculated by using the “Issued and O/S Shares” of a company. Just like UCAD above.
However, CIM is different.
The CIM Dividend Ratio is calculated by using the “Total Shares Owned by All Shareholders.”<br>
You need to understand the wording of the PR that was issued.
The key words are:
----- Pro Rata
----- All CMKM shareholders
biz.yahoo.com/bw/040719/196042_1.html
What is UC doing?
Let’s use this example:
There are 1.5 Trillion Shares of CMKX on the market.
Hypothetically, I personally own 150 Billion Shares.
Therefore, I would own 10% of all CMKX shares on the market.
Forget about the percentage (%) based on the A/S of 800 Billion Shares.
Forget about the percentage (%) based on the O/S of 779.5 Billion Shares (from UCAD above).
Focus only on “All CMKM Shareholders,” all tradable shares on the market, all shares owned by all shareholders. All of the Real and NSS shares on the tradable market.
Hypothetically, I personally own 10% of all CMKX shares on the market.
There are 40 Billion CIM Shares available for the dividend.
My CIM Stock dividend would be 10% of 40 billion shares available.
My portion (percentage) of the 40 Billion Shares would be: 4 Billion Shares.
(40,000,000,000) x (0.10) = 4,000,000,000
UNDERSTAND THE PRESS RELEASE
READ THE WORDS IN THE PRESS RELEASE
UCAD Stock Dividend states:
7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record
biz.yahoo.com/bw/040718/185046_1.html
CIM Stock Dividend States:
40 billion shares … will distribute pro rata as a dividend to all CMKM shareholders of record
biz.yahoo.com/bw/040719/196042_1.html
There are three reasons why UC is calculating the CIM dividend ratio based on “all CMKM shareholders” on the market:
-- 1. UC wants everyone to receive the same percentage of CIM ownership, as each individual currently owns in CMKX *** (same percentage based on all shares of CMKX on the market).
-- 2. CIM is a private company *** (is not currently traded on the market).
-- 3. Will eliminate any NSS Stock Dividends paid on CIM *** (or eliminate any NSD, Naked Short Dividend paid).
Remember, UC is trying to avoid a NSS problem with CIM.
Issuing CIM Stock Dividends to CMKX NSS Shareholders would create a NSS problem with CIM.
(Or a NSD problem – Naked Short Dividends)
The good part about the CIM Stock Dividend is that we know the “Total Shares Owned by All Shareholders.”<br>
www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/31/2004&sDateType=Record_date
What is the Total Share owned by “All CMKM Shareholders?”<br>(40,000,000,000) / (0.0256) = 1,562,500,000,000
The Total Share owned by “All CMKM Shareholders is: 1,562,500,000,000
How many shares of CIM will we receive?
(1) / (0.0256) = 39
We will receive one (1) share of CIM for every 39 shares of CMKX
Based on the information from the UCAD dividend above:
Based on the information from the CIM dividend above:
We know the Illegal NSS shares of CMKX.
(1,562,500,000,000) – (779,625,779,626) = 782,874,220,374
The amount of CMKX illegal NSS shares on the market: 782.8 Billion Shares.
Interesting and assuming. Pro-rata could mean he distributes 20 billion now and 20 billion later. I beleive someone called the transfer agent and confirmed this. I did not call so I can not confirm. I was thinking this way last week, but then changed my thinking on the word, "pro-rata". Half now, half later. I do not agree with any theory in which the market makers are helped out. Roger Glenn is of the mental capacity to put these guys through the ringer.
To be continued....