Post by fastwalker on Mar 13, 2006 9:16:43 GMT -5
.......We have all anticipated this month, week and day for some time.
Amidst the hype, the bashing and even indifference, many things have been said, retracted and then re-presented under a different point of view. Through all this, one thing has remained consistent…you and I as shareholders of CMKX.
Some seem to think that we are here because they are locked in? I tend to disagree with that assessment. It may be true of those who are bitter about what has transpired to date, but I kind of believe that most are here mainly because they simply bought into , lock stock and barrel, the dream UC and others repeatedly painted for us of becoming one of then members of an exclusive club…the million millionaires club.
Will we be multi millionaires off this, the Green Baron touted “Stock play” of a life time? Well see. If we do, I think it will be based on an entitlement received as calculated on the “highest” published pps, which can be argued is the Fair Market Value (FMV). At lest during that gap up and sustained position, the MMs wanted us and others to believe was the FMV of CMKX.
Yeah, it may very well have just been a tainted window onto FMV of CMKX, but that window did reflect the confidence level of the market at that particular time, without I might add, any serious valuation.
IMHO, I believe that any NSS that will or can be established by CMKX, must be put forth now, this week. We must galvanize the troops for action and strike while the spirit to do so is high. After all, we have received some ink on the matter, outside our normal channels…….
www.prweb.com/releases/2006/3/prweb355943.htm
“CMKM Diamonds continues to press on in its fight against naked short selling, now in its 5th month of its historic certificate withdrawal from the DTCC. Since the call to request physical delivery of shares in November, the task force set up to account for the shares has tallied over 400 billion of the 703 billion issued. The latest deadline to show ownership is March 15th, which leaves many investors worried that a naked short position in the company will not be proven. Widespread reports indicate that many shareholders that have requested their certificates are having trouble actually getting them from their brokers. Other shareholders are completely unaware of the certificate pull altogether, since the main method of communication for the process is through message boards and the internet. Undisclosed at this point is the level of ownership of CEO Urban Casavant, and family, as well as the numerous business partners the company was involved with.”
Will these statements made by Frizzel…… ring true?
1. “The company plans to respond on March 15, 2006 by way of an official press release.” This press release will be coming from Mr. Stoecklein’s office.”
2. “We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point.”
3. “This office has received communications from many brokerage houses about problems they are having in complying with this request for certs. I am especially concerned about certain brokers that are withholding certs from their customers for some reason unknown to us.”
4. “It is apparent from recently obtained shareholder lists that certs have been issued by the transfer agent but some brokerage houses are not sending the certs to their customers. We will continue to monitor this situation.”
5. “This office has been working closely with the transfer agent in the last month or so. We have been provided with a current shareholder list based on certs issued by First Global Stock Transfer.”
People wonder and worry whether or not they will get a settlement? Where the settlement is coming from? How will they receive it? What pps / total amount it will be? How it will be paid?
People, if in fact there is a settlement, an entitlement, a payout. .. whatever? The TF has in its possession now, lists that contain the names of all shareholders, their number of shares, received, in transit, or being withheld by the brokerage firms for whatever reason. I would also assume, it is as complete as possible, a listings of the certs that have been issued from the initial notification to pull, up through the present time. It’s also good to note that the list also includes activity by certificate holders that have liquidated their positions.
As I said before…..DOCUMENTATION is the key issue here people. If you have not received your certs you should continue calling your broker and following up with emails and certified letters to find out why you have not received them. Save that information, it will be essential in proving your case, when you lose $$$$ as a result of not receiving the dividends and any subsequent monetary realization one could reasonably expect from such an association found by “having” the dividends.
So will we hear the start of a very distinctively loud sucking action, clearly indicative of the bad guys “puckering of their collective sphincters,” or merely gas passing with regards to the NSS?
I don’t know and anyone other than those in the “official know” telling you otherwise is full of it and must be subject to scrutiny by the…
we are in the final stages of the endgame and as soon as the
goes off.
If not, then I will let loose the dog of war….
Good luck to us all.
BTW. Not as a tout, but I would suggest for those who haven’t already done so, to DD the activities of PAIM.
Pearl (CEO) has established what looks like a real bear trap for the MMs. Which if it is realized, can cost them (MMs) serious money as a result of their NSS of PAIM….I just love a good fight put on by the underdogs….lol
fw
Amidst the hype, the bashing and even indifference, many things have been said, retracted and then re-presented under a different point of view. Through all this, one thing has remained consistent…you and I as shareholders of CMKX.
Some seem to think that we are here because they are locked in? I tend to disagree with that assessment. It may be true of those who are bitter about what has transpired to date, but I kind of believe that most are here mainly because they simply bought into , lock stock and barrel, the dream UC and others repeatedly painted for us of becoming one of then members of an exclusive club…the million millionaires club.
Will we be multi millionaires off this, the Green Baron touted “Stock play” of a life time? Well see. If we do, I think it will be based on an entitlement received as calculated on the “highest” published pps, which can be argued is the Fair Market Value (FMV). At lest during that gap up and sustained position, the MMs wanted us and others to believe was the FMV of CMKX.
Yeah, it may very well have just been a tainted window onto FMV of CMKX, but that window did reflect the confidence level of the market at that particular time, without I might add, any serious valuation.
IMHO, I believe that any NSS that will or can be established by CMKX, must be put forth now, this week. We must galvanize the troops for action and strike while the spirit to do so is high. After all, we have received some ink on the matter, outside our normal channels…….
www.prweb.com/releases/2006/3/prweb355943.htm
“CMKM Diamonds continues to press on in its fight against naked short selling, now in its 5th month of its historic certificate withdrawal from the DTCC. Since the call to request physical delivery of shares in November, the task force set up to account for the shares has tallied over 400 billion of the 703 billion issued. The latest deadline to show ownership is March 15th, which leaves many investors worried that a naked short position in the company will not be proven. Widespread reports indicate that many shareholders that have requested their certificates are having trouble actually getting them from their brokers. Other shareholders are completely unaware of the certificate pull altogether, since the main method of communication for the process is through message boards and the internet. Undisclosed at this point is the level of ownership of CEO Urban Casavant, and family, as well as the numerous business partners the company was involved with.”
Will these statements made by Frizzel…… ring true?
1. “The company plans to respond on March 15, 2006 by way of an official press release.” This press release will be coming from Mr. Stoecklein’s office.”
2. “We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point.”
3. “This office has received communications from many brokerage houses about problems they are having in complying with this request for certs. I am especially concerned about certain brokers that are withholding certs from their customers for some reason unknown to us.”
4. “It is apparent from recently obtained shareholder lists that certs have been issued by the transfer agent but some brokerage houses are not sending the certs to their customers. We will continue to monitor this situation.”
5. “This office has been working closely with the transfer agent in the last month or so. We have been provided with a current shareholder list based on certs issued by First Global Stock Transfer.”
People wonder and worry whether or not they will get a settlement? Where the settlement is coming from? How will they receive it? What pps / total amount it will be? How it will be paid?
People, if in fact there is a settlement, an entitlement, a payout. .. whatever? The TF has in its possession now, lists that contain the names of all shareholders, their number of shares, received, in transit, or being withheld by the brokerage firms for whatever reason. I would also assume, it is as complete as possible, a listings of the certs that have been issued from the initial notification to pull, up through the present time. It’s also good to note that the list also includes activity by certificate holders that have liquidated their positions.
As I said before…..DOCUMENTATION is the key issue here people. If you have not received your certs you should continue calling your broker and following up with emails and certified letters to find out why you have not received them. Save that information, it will be essential in proving your case, when you lose $$$$ as a result of not receiving the dividends and any subsequent monetary realization one could reasonably expect from such an association found by “having” the dividends.
So will we hear the start of a very distinctively loud sucking action, clearly indicative of the bad guys “puckering of their collective sphincters,” or merely gas passing with regards to the NSS?
I don’t know and anyone other than those in the “official know” telling you otherwise is full of it and must be subject to scrutiny by the…
we are in the final stages of the endgame and as soon as the
goes off.If not, then I will let loose the dog of war….
Good luck to us all.
BTW. Not as a tout, but I would suggest for those who haven’t already done so, to DD the activities of PAIM.
Pearl (CEO) has established what looks like a real bear trap for the MMs. Which if it is realized, can cost them (MMs) serious money as a result of their NSS of PAIM….I just love a good fight put on by the underdogs….lol
fw
