Post by azesm on Aug 8, 2004 20:27:22 GMT -5
Per Melvin, shares retirement is still happening.
To confirm this statement, please, call:
CMKM Diamonds Inc.
Diamonds Hotline:
Toll free in U.S./Canada: 877-752-3755
Melvin O'Neil,
Phone: 306-752-3755
Fax: 306-752-3754
Email: ipr@sasktel.net
;D
And for now you may like to read this:
By: stervc
08 Aug 2004, 11:33 AM EDT
Msg. 60961 of 61158
(This msg. is a reply to 228 by stervc.)
Jump to msg. #
Important, About Retiring Shares...
(An older post back in Feb 04 when we were CMKM.)
www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=228
I recently made many phone calls and talked with many companies, market authorities, brokerages, and some of everybody to say the least. So I won’t be posting any names or numbers this time because it was too many to keep up with. I’ll just say that through general consensus, all that knew of the topic “retiring of shares” had come to the same conclusion.
Read these examples below to get an understanding of CMKM’s situation:
www.insurancejournal.com/news/newswire/southeast/2004/02/03/36375.htm
www.siamfuture.com/asiannews/asiannewstxt.asp?aid=1497
This is to show you that what is happening is that there is a person or affiliates with deep pockets that are buying or already had owned shares of CMKM. They have two choices to contribute their buying of shares for the reduction of the outstanding share structure.
1. The person or affiliates could buy shares and hold them within the company treasury at which some point in time in the future the company could later re-issue those shares to begin the dilution process over again or use those funds to further develop the company. I do think that CMKM has done this too, but not all of the shares. I think that about 40 to 50 billion shares will be returned back to the treasury. This allows them the ability to re-issue theses shares at a later time to use if the need arises to raise capital. All companies usually give them self this option.
Or
2. The person or affiliates could buy shares and retire them to include the shares already owned if need be. This would mean that the shares would be eliminated from existence. This is an agreed method where a certain amount of stock is bought at discounted prices, usually at the bid, to have eliminated from the O/S. While the above scenario eliminates the shares from the O/S to enhance CMKM’s fundamentals, this scenario has the same effect on enhancing CMKM’s fundamentals, but instills investor confidence by eliminating the fear of future dilution because the shares are completely erased from all existence.
What is happening is that those who are buying now to retire shares are buying into the future of the company and will do so because of something concrete that have not been released to the public. This is why we have been seeing billions and billions in volume as confirm by the company. These are the shares that will cease to exist.
This means that there is a certain amount of billions to be bought that have already been established from the beginning of the retiring of shares program. In return, I think that those who have been doing the buying back of the billions of shares will be awarded a certain amount Series B Preferred Stock that would equate to much more than their initial investment to retire shares which will probably be restricted and could not be converted into common stock prior to some set time in 2005 if I had to guess. Example: Buying and retiring 100 billion shares would convert to the issuance of 10 million Series B Preferred Stock that could not be converted into common stock anytime prior to 1 Sep 05.
Now let’s consider. If you were the one buying back shares and had those types of connections/funds, you darn right you and CMKM would be coordinating with the MMs to hold CMKM down until you bought back the amount that you were looking for at the price that you were looking for too. Remember, you will be calling the shots behind closed doors until key news of substance is revealed or about to be revealed. You want to position yourself to look as wise as possible when all of this materializes for the better.
Think about it for a minute. If it were you, would you want to buy back shares to be retired at .0001 to .0002 cent(s), or at .01 to .02 cents? If you were investing millions, that could be the difference of retiring a few “million” shares versus a few “billion” shares.
The CMKM affiliates know what the future holds for CMKM in providing support for them now. Enough have been reveal that allows me to understand what I think to be transpiring. When the retiring of shares is complete, you might not have but a short time to time your entry point if you are not already in. That’s a chance I have elected to not take which is why I had chosen to buy and wait it out. I think that we are on to something very big. Still, I like our odds. These are only my opinions. May we all become prosperous with CMKM!!!
Sterling
www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=60961
To confirm this statement, please, call:
CMKM Diamonds Inc.
Diamonds Hotline:
Toll free in U.S./Canada: 877-752-3755
Melvin O'Neil,
Phone: 306-752-3755
Fax: 306-752-3754
Email: ipr@sasktel.net
;D
And for now you may like to read this:
By: stervc
08 Aug 2004, 11:33 AM EDT
Msg. 60961 of 61158
(This msg. is a reply to 228 by stervc.)
Jump to msg. #
Important, About Retiring Shares...
(An older post back in Feb 04 when we were CMKM.)
www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=228
I recently made many phone calls and talked with many companies, market authorities, brokerages, and some of everybody to say the least. So I won’t be posting any names or numbers this time because it was too many to keep up with. I’ll just say that through general consensus, all that knew of the topic “retiring of shares” had come to the same conclusion.
Read these examples below to get an understanding of CMKM’s situation:
www.insurancejournal.com/news/newswire/southeast/2004/02/03/36375.htm
www.siamfuture.com/asiannews/asiannewstxt.asp?aid=1497
This is to show you that what is happening is that there is a person or affiliates with deep pockets that are buying or already had owned shares of CMKM. They have two choices to contribute their buying of shares for the reduction of the outstanding share structure.
1. The person or affiliates could buy shares and hold them within the company treasury at which some point in time in the future the company could later re-issue those shares to begin the dilution process over again or use those funds to further develop the company. I do think that CMKM has done this too, but not all of the shares. I think that about 40 to 50 billion shares will be returned back to the treasury. This allows them the ability to re-issue theses shares at a later time to use if the need arises to raise capital. All companies usually give them self this option.
Or
2. The person or affiliates could buy shares and retire them to include the shares already owned if need be. This would mean that the shares would be eliminated from existence. This is an agreed method where a certain amount of stock is bought at discounted prices, usually at the bid, to have eliminated from the O/S. While the above scenario eliminates the shares from the O/S to enhance CMKM’s fundamentals, this scenario has the same effect on enhancing CMKM’s fundamentals, but instills investor confidence by eliminating the fear of future dilution because the shares are completely erased from all existence.
What is happening is that those who are buying now to retire shares are buying into the future of the company and will do so because of something concrete that have not been released to the public. This is why we have been seeing billions and billions in volume as confirm by the company. These are the shares that will cease to exist.
This means that there is a certain amount of billions to be bought that have already been established from the beginning of the retiring of shares program. In return, I think that those who have been doing the buying back of the billions of shares will be awarded a certain amount Series B Preferred Stock that would equate to much more than their initial investment to retire shares which will probably be restricted and could not be converted into common stock prior to some set time in 2005 if I had to guess. Example: Buying and retiring 100 billion shares would convert to the issuance of 10 million Series B Preferred Stock that could not be converted into common stock anytime prior to 1 Sep 05.
Now let’s consider. If you were the one buying back shares and had those types of connections/funds, you darn right you and CMKM would be coordinating with the MMs to hold CMKM down until you bought back the amount that you were looking for at the price that you were looking for too. Remember, you will be calling the shots behind closed doors until key news of substance is revealed or about to be revealed. You want to position yourself to look as wise as possible when all of this materializes for the better.
Think about it for a minute. If it were you, would you want to buy back shares to be retired at .0001 to .0002 cent(s), or at .01 to .02 cents? If you were investing millions, that could be the difference of retiring a few “million” shares versus a few “billion” shares.
The CMKM affiliates know what the future holds for CMKM in providing support for them now. Enough have been reveal that allows me to understand what I think to be transpiring. When the retiring of shares is complete, you might not have but a short time to time your entry point if you are not already in. That’s a chance I have elected to not take which is why I had chosen to buy and wait it out. I think that we are on to something very big. Still, I like our odds. These are only my opinions. May we all become prosperous with CMKM!!!
Sterling
www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=60961
