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Post by fastwalker on Mar 2, 2005 9:44:26 GMT -5
With the CMKX OS… There are a few things I think one must do to absorb the Outstanding Shares (OS) info before doing anything else with CMKX. First ** Condition yourself to know that no matter whether it’s low or high, it’s all part of an orchestrated plan. Second ** Know that valuation will be key to determine where CMKX should be fundamentally trading. Third ** The OS is important, but it doesn’t matter. Read discussions below: www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=60575 www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=61052 Fourth ** If you don’t ever understand anything about CMKX, understand the post below when I had explained Infinite Valuation to Overcapitalization: www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=36421 I strongly suggest everyone read the links above to keep in the back of your minds for making sure you stay the course as CMKX unfolds. Remember, something had to have been proven to Mr. Robert A. Maheu and Mr. Michael Williams to entice them to become board members. Just keep in mind that maybe it wasn’t the valuation that convinced them, but maybe it was! Valuation, for now, is in the eye if the beholder! All is well! www.sterlingsclass.com/ ;-) Sterling
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Post by fastwalker on Mar 2, 2005 9:45:49 GMT -5
the MM's somehow have the power to keep CMKX down, that is, something very crooked is going on behind the scenes stuff... Then after we file, automatically we will gap up on the opening that day or the next. This is provided we have a low float and numbers. Based on one of the many threads here it seems we will have a pretty low float. Once we gap up, and this is based on past trading experiences, we will establish a new based on past trading experiences, we will establish a new "base" before other PR's are released. What do you guys think? tell me where all the new investors, 90% of whom have never even heard of "the pinksheets" let alone CMKX, are going to come from? This is a VERY important point that very few around here seem to grasp. You must have new investors who are willing to pay incrementally higher prices for the shares you hold in order to get the pps to rise. It's true that MMs on the pinks do have the power to simply raise the pps, but it won't be sustained without these buyers. This demand is what, in a properly working market (i.e. not manipulated), drives the pps up. They will agree to pay higher prices for various reasons. However, these new investors must first become aware of the stock before they are going to buy it. I think people who know about pinks forget that most people don't. Big money, like institutional buyers, won't touch a pink sheet stock. So, to form a base well above where we are now has several prerequisites, none of which do we have now. We could get one or two in the next couple of days, which is encouraging, but will still be far from the necessary "critical mass." I think this is why Urban is so big on promoting CMKX. You *need* new investors and new money. Some may claim that current shareholders will buy more on the way up. I find this idea highly unlikely. People who bought in at $0.0001 and $0.0002 will have a massive psychological hurdle to jump in order to become willing to buy at, say, $0.005. It's just the way it is. However, a new investor will not have this psychological baggage.
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Post by ToddCT on Mar 2, 2005 10:40:00 GMT -5
the MM's somehow have the power to keep CMKX down, that is, something very crooked is going on behind the scenes stuff... Then after we file, automatically we will gap up on the opening that day or the next. This is provided we have a low float and numbers. Based on one of the many threads here it seems we will have a pretty low float. Once we gap up, and this is based on past trading experiences, we will establish a new based on past trading experiences, we will establish a new "base" before other PR's are released. What do you guys think? tell me where all the new investors, 90% of whom have never even heard of "the pinksheets" let alone CMKX, are going to come from? This is a VERY important point that very few around here seem to grasp. You must have new investors who are willing to pay incrementally higher prices for the shares you hold in order to get the pps to rise. It's true that MMs on the pinks do have the power to simply raise the pps, but it won't be sustained without these buyers. This demand is what, in a properly working market (i.e. not manipulated), drives the pps up. They will agree to pay higher prices for various reasons. However, these new investors must first become aware of the stock before they are going to buy it. I think people who know about pinks forget that most people don't. Big money, like institutional buyers, won't touch a pink sheet stock. So, to form a base well above where we are now has several prerequisites, none of which do we have now. We could get one or two in the next couple of days, which is encouraging, but will still be far from the necessary "critical mass." I think this is why Urban is so big on promoting CMKX. You *need* new investors and new money. Some may claim that current shareholders will buy more on the way up. I find this idea highly unlikely. People who bought in at $0.0001 and $0.0002 will have a massive psychological hurdle to jump in order to become willing to buy at, say, $0.005. It's just the way it is. However, a new investor will not have this psychological baggage. You hit the nail on the head that time. the stock won't and can't move up without new people buying. I bought all of mine at .0001 and I won't buy any at any higher price, unless I sell at a high price and then buy as it falls back down again. Only "new money" will move the stock. T
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Post by fastwalker on Mar 2, 2005 22:41:51 GMT -5
Good point Todd. If we are fortunate enough to have a "decent" PR released "after " the market closes on Thursday, we may see some upward mobility on the pps. If they will stage releases over the week-end of some significant information, the anticipation of the day traders watching the stock, may be sufficient enough to further enhance a strong and sustained upward movement of the PPS, initially on Monday and maybe even well into Tuesday or beyond..hopefully, it won't drop too low seeking it's comfort level? The post by IQ regarding the psychology of the market, clearly identifies some of the "triggers" that will assist the movement. I would think that CMKX by the manner in which they "release" will also participate in the movement to a very strong degree. Guys, unlike other, I believe that we have a bigger following than just the shareholders on the boards (more than the 50k). That is to say many outsiders have been watching...they may not openly admit it..but the activity of CMKX does elicit a kind of morbid fascination with wonder who will win in the end? The manner in which CMKX has behaved since it's inception indicated many things..to these "watcher," Witness some of the rather bizarre behavior we experience during this time frame, which honestly, had the faithful confused and the bashers filled with glee that CMKX was a scam....(looks like a duck, walks like a duck and quacks like a duck...thinking...lol), Market watchers and players alike will or should tell the uniformed, given the dynamic of the bizarre and at times, "over the top" actions by CMKX, surrounding CMKX, it (CMKX)shouldn't have survived this long... Thank goodness it's demise was over rated. Any way. lets all hope that CMKX will play this "coming out" like a Stradivarius Violin and not a fiddle...lol
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Post by ToddCT on Mar 3, 2005 8:06:39 GMT -5
Good point Todd. If we are fortunate enough to have a "decent" PR released "after " the market closes on Thursday, we may see some upward mobility on the pps. If they will stage releases over the week-end of some significant information, the anticipation of the day traders watching the stock, may be sufficient enough to further enhance a strong and sustained upward movement of the PPS, initially on Monday and maybe even well into Tuesday or beyond..hopefully, it won't drop too low seeking it's comfort level? The post by IQ regarding the psychology of the market, clearly identifies some of the "triggers" that will assist the movement. I would think that CMKX by the manner in which they "release" will also participate in the movement to a very strong degree. Guys, unlike other, I believe that we have a bigger following than just the shareholders on the boards (more than the 50k). That is to say many outsiders have been watching...they may not openly admit it..but the activity of CMKX does elicit a kind of morbid fascination with wonder who will win in the end? The manner in which CMKX has behaved since it's inception indicated many things..to these "watcher," Witness some of the rather bizarre behavior we experience during this time frame, which honestly, had the faithful confused and the bashers filled with glee that CMKX was a scam....(looks like a duck, walks like a duck and quacks like a duck...thinking...lol), Market watchers and players alike will or should tell the uniformed, given the dynamic of the bizarre and at times, "over the top" actions by CMKX, surrounding CMKX, it (CMKX)shouldn't have survived this long... Thank goodness it's demise was over rated. Any way. lets all hope that CMKX will play this "coming out" like a Stradivarius Violin and not a fiddle...lol Good point FW, we do have tons of people watching from the sidelines. I happen to know alot of brokers from different cities accross the country and they are all watching this stock. Although none of them can buy it or let their clients buy it (its against the law to recomend any stock on the OTC or Pinks) they are all watching and theit parent companies are all watching as well. Everyone knows that if the right combinations of situations happen that this will be at least a 1,000% gain. That almost never happens outside of penny land, and not too often in penny land other than a spike. The volume after the release wil lbe very crucial. I do not think there will be a gap up, as there are prob about 20b shares wanting to be sold at .0002 right now. The volume will have to eat all of the sell orders at .0002 and .0003 before it moves, but after it gets past the .0002-.0003 then it will move very very quicly up to the .0020 range. So dont be impatient and think that the price will open on Monday at .0050 or higher, it won't. T
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Post by fastwalker on Mar 3, 2005 8:52:09 GMT -5
Ladies and Gentlemen,I bring to you. The Message from Shell to all Manipulators here as well as globally. CMKM Diamonds Inc (OTCF: CMKX) CMKX Quote / CMKX Msg Board / CMKX LiveCharts / CMKX Chart / CMKX News / CMKX Company Info / CMKX I-Watch / CMKX Insider / CMKX Analyst Recs / CMKX Top Holders « CMKX Message list / Reply to msg. / Post new msg. « Older / Newer » <br>By: shells87 02 Mar 2005, 08:03 AM EST Msg. 813050 of 814742 Jump to msg. # To whomever you are, YOUR TIME HAS COME!GO OUT AND BUY VASOLINE IN ORDER TO EASE YOUR PAIN. BELIEVE ME, IF THIS O/S IS ANYTHING LESS THAN 708 BILLION, YOU ARE SCREWED. YOU CAN CONTINUE TO HIRE THESE MAGGOTS ON THESE BOARDS TO DISCOURAGE UNWITTING INVESTORS. YOU CAN USE AS MANY DIFFERENT MMS TO FRONT FOR YOU AS YOU WISH IN ORDER TO MAKE IT SEEM THAT THERE IS MORE SELLING PRESSURE THAN THERE ACTUALLY IS. YOU CAN CONTINUE TO USE THE SHAM PUBLICATIONS AND CONTINUE TO PAY OFF THESE REPORTERS IN CASH (UNTRACEABLE)TO CONTINUE TO SMEAR AND AGAIN YOURE GONNA BE SCREWED IF THIS O/S COMES IN LESS THAN 708 BILLION.DOESNT IT SUCK TO BEING YOU RIGHT NOW?
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Post by fastwalker on Mar 3, 2005 8:52:31 GMT -5
So what does CMKX own now other then a printing press? By: topogigo5 03 Feb 2005, 01:17 AM EST Msg. 775586 of 814733 Jump to msg. # ATTN EVERYONE! I have located the Carolyn pipe...It now belongs to a company called Aztec mining(AZTM)...from what I hear it will start trading tomorrow morning...I also hear that AZTM has other valuable claims in Canada and the U.S....the word on the street is that it will open @ .05 to .10 cents and hit the dollars very quickly...I plan on jumping into AZTM with both feet...what you choose to do with this information is soley up to you...and if you see me at the CMKX hospitality tent this year you owe me a beer. Topo
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Post by fastwalker on Mar 3, 2005 8:52:52 GMT -5
Just recieved this alert: Dear Shareholders, Subscribers, and Financial Analysts: The following is a PrBroadcast.com news alert by one of our feature companies... Click here for the latest Press Release from El Capitan Precious Metals, Inc. El Capitan Precious Metals, Inc. (OTCBB:ECPN) is an exploration and mining company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico as well as other joint ventures and 20% ownership of 13 mining claims known as the C.O.D. Property located near Kingman, Arizona. El Capitan Precious Metals, Inc. recently announced that the Company has signed an iron ore sale and purchase agreement with Baosteel America, Inc. ("Baosteel"), a subsidiary of the Baosteel Group, the largest steel company based in Shanghai, China. The agreement calls for ECPN to deliver to Baosteel up to three million (3,000,000) tons of iron ore per year for the next fifteen years from its El Capitan mine in New Mexico along with its recently acquired Rainbow Valley mine in Arizona.
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Post by fastwalker on Mar 3, 2005 8:53:36 GMT -5
Dr. Diamond MP3 Re-cap (03/01/05) from CMKX.net board. A good re-cap from texasrox. Link below. ) Sugarpaw Ok, so here it goes…but first, does anyone know what business the good Dr. is in? He ended his chat at 2am his time because, “I just got a phone call, I have a situation and I’m going go have to go out.” Sounds ominous, if you ask me. Which got me to thinking….Dr. D could actually be Maheu! J/K….without further ado, here’s the disclaimer. What you are about to read is my paraphrasing of Dr. D’s MP3 from Tuesday March 1, 2005. Dr. D has expressed his OPINIONS during the recording and he asks that you treat them as such. NOTE: There was some minimal discussion on USCA. I have not included that in my synopsis. The USCA discussion only made up about 3-4 minutes of the 60 minute discussion. Here we go….. He’s been dealing with some insane rumors that have been traced back to him which he believes people simply misunderstood the scenarios he was presenting/discussing. They were around a .10 tender offer from the MM’s (.05 for the shareholder, and .05 for the company. The second rumor was in regards to a reverse split. He has said neither of them are simply not the case and they are ridiculous. As for the 1st Global rumor mill from this week: He spoke to Jeff Mitchell at 1st Global and he is very confident and is expecting information to be released this week, which he has termed “pretty cool.” He believes it will meet the filing expectations and “it’s kind of exciting.” His impression is that 1st Global is impressed with what’s about to be released and that it would make the shareholders pretty happy. Dr. D expects the information to be released via a Filing which is consistent with Maheu directing us to Edgar in the last PR. He thought Jeff mentioned a PR, but Dr. D thinks it will most likely come in the form of a filing followed up by a PR. The information that’s “coming through” is that we’ll receive a lot of great information this week to include share structure and financials as well. He does not feel there is a Tender Offer in the works, either from the MM’s nor from UC, et al. He’s expecting and hopeful to see a mid to low O/S and that it would be great if the Float was made up or close to the shares held in certificate form. It’s hard to say how the market will react to the filing, but he’s expecting at least a medium valuation/assessment and that the revenue/asset valuation ought to be “interesting.” The Market should respond to the probability of pulling diamonds, etc. out of the ground and ideally introduce some buying pressure. Dr. D’s range of expectations for the O/S is 37B – 125B and he’s obviously hoping for the best. He’ll also have no problem whatsoever if UC has 300-400B shares himself. THIS JUST IN: Dr. D takes Karate lessons BACK TO OUR REGULARLY SCHEDULED SHOW
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Post by fastwalker on Mar 3, 2005 8:54:06 GMT -5
Mining companies typically trade at 3 times the value of the company – that is par or average for the industry. Hopes everyone keeps their heads about themselves when we do see the filing. Uranium projects up in SASK keep getting exposure. ““Dag Um” who would have thought SASK would turn out to be both the Diamond AND Uranium capital of the world.” Filing should catch us up on old business and would supersede any previous filings, even if they haven’t been filed – meaning we’ll be current. He’s not looking nor expecting a change in the GEMM dividends, however he is looking for them to complete the process. The dividend policy is not clear and hopefully they’ve decided on a new policy and will release it. As for the non restricted shares that remain in the treasury – they are considered a part of the O/S and by definition are available to receive the dividends that we all benefited from, depending again, on the company’s dividend policy. This could explain the rate we’ve seen which would lead everyone to assume a large O/S. If in fact they treasury shares did get dividends they would obviously increase the value of the company. Again, underscoring the need to keep our heads and to dissect the information that is released on the O/S. The Good Dr. is encouraged by the Smith Barney/Citigroup relationship that appears to be developing. Back to keeping your head: Think now what you will personally do if the O/S is 779B, or if it’s 500B, or if it’s 250B, or if it’s xB. Be prepared, develop different scenarios for your situation. Dr. D Believes the O/S will be friendly and that in the short term we should worry about and focus on the FLOAT, especially when it comes to the NSS position. Each NSS is in the float, which makes an illegitimate float. As the NSS is dealt with and removed from the FLOAT, we should see the PPS increase (the squeeze). If we should see crazy buying pressure in the next few days, it’s safe to assume the NSS is being bought up. Also the filing will assist us in becoming fully compliant and therefore we’ll be SHO eligible. Dr. D is encouraged by this as he does not feel the MM’s can wait that long. Faced with an overwhelming demand, the MM’s will have to deal with the issue and let the PPS climb, although he cautions IT MAY NOT HAPPEN AS FAST AS WE’D LIKE. A 1 or 2 point jump, he feels is realistic right off the bat, but nothing significant – of course that would depend what is released. He has a sense that we should be seeing some lab results as well. With core samples we move from showing the world the possibility to the probability of pulling diamonds out of the ground. In regards to the 40-50 holes drilled this year rumor. He feels that it would be very difficult with only 1 rig as it takes about 3 days to drill a hole and 2 days to break down and move the rig. Difficult, but not impossible, yet highly improbable. He was under the impression that we had drilled 35-40 last year, add 10-12 this year and you get 45-50 +/- which either way, is consistent with what his thoughts have been. A Tender offer from UC is always an option, but not probable at this point. UC & IBM most likely are not dealing with the MM’s nor entertaining a tender offer from them. He said UC most likely said, “Do the best you can boys, there’s the market” effectively forcing the MM’s to cover and to begin ASAP. Dr. D would not be surprised by share dividends in the future and a forward split is not beyond reason, especially if we have favorable numbers. His feeling on the filing is that we’ll see 4Q 2004 numbers, again, to get us current. That was the best quarter for the company and could start the momentum. Finally, decide now on what’s best for you before it gets emotional. Decide on your plan and stick to it. He suggests keeping a long term position as “this baby will be around for quite some time.” We’ll see fractions, pennies and eventually dollars. Again, this has been my paraphrasing of Dr. D’s OPINIONS and he & I both ask that you treat it as such. GLTYA!!! And good night, Gracie
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Post by fastwalker on Mar 3, 2005 8:55:30 GMT -5
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Post by fastwalker on Mar 3, 2005 8:57:21 GMT -5
Just some filing considerations while we wait... Many have asked about some possible scenarios for the upcoming filings we have so impatiently waited for. Most of the questions settle around the O/S and what my “opinion” is and why?
This is a very difficult question as many have speculated along these lines so many times before and we actually have no clue. So many things have happened in and with CMKM Diamonds over the last year (+) that we simply have no knowledge of. From JV partnerships, to Mine purchases in Ecuador, Roger Glenn, Car racing, Bike racing, Truck racing, Saskatchewan Halt, Carolyn difficulties, drilling or not, Melvin is gone, Andy is in, Mr. Williams and Mr. Maheu is in, Roger Glenn is out, UCAD dividend, CIM Dividend, 1st GEMM dividend, still waiting on 2nd GEMM dividend (since Dec 2004) with no explanation, Saskatchewan meetings, Ecuador meetings, Nevada meetings, naked short position with no new announcement concerning it since 2003, who’s on first…I don’t know.
It has been a kind of whirlwind type of an experience with an incredible ride generated by the not knowing, I suppose. But the knowing is at hand and most everyone is bracing for the news of the O/S and financials, one way or the other. Since the company is now reporting and revoked the 15A-12g it filed then all of the above mentioned experiences we have witnessed from afar as CMKX shareholders are due an explanation. I continue to have all of the confidence in CMKX and its management team, and just as Robert Maheu commented, tough situations call for tough decisions and not just wishful thinking. I know filings are due to be compliant with the SEC, but reports and PR’s to the shareholders are also long past due and many of us are going to be glad to get to see them. It’s ironic, I guess, that Mr. Maheu’s words are what most of us have been doing for some time as shareholders, and that is “wishful thinking”. Some say a low O/S is “wishful thinking”. Some say a high asset valuation is “wishful thinking”. Some say that CMKX’s PPS taking off into the pennies is “wishful thinking”. To the faithful of CMKX the “wishful thinking” will soon give way to reality. Either a low, mid, or high O/S with a low, mid, or high asset valuation and financials will soon be fact!
As far as valuation of the mineral rights, mines, equipment, shares in other companies, etc… that CMKX has, I want even try to guess. Your guess is just as good as mine. The only thing that we can try to reason with would be the possible and/or probable share structure scenarios. Don’t get crazy on me as these are just my opinions and possible scenarios. First a couple of givens: 1. The A/S is 800 billion although the company has never officially told us it is. The Nevada SOS was kind enough to inform us of that decision by the company over the phone. 2. In Feb 2004 the estimated O/S of CMKM Diamonds was 37 billion made known via a paid advertisement at the cost of 1 billion CMKM Diamond shares 3. We were informed by the company IR (Melvin) at various times that retirement of the O/S was continuing as planned. 4. CMKM Diamonds has seen several trading days with over 20 billion shares being traded in a single day confirming that the earlier reported “professional trading position” (NSS position) against the company was legitimate. The immense volume of shares traded over the last 18 months also indicates a huge NSS position. The only other alternative would be to believe that the company has been seriously diluting and inflating the O/S while trying to make us believe that they were retiring and thus reducing the O/S. I personally believe that the company has not been diluting but rather reducing the O/S. JMHO.
With all of that behind us lets see what we have knowledge of. SCENARIO 1
1. Feb 2004 we have est 37 billion O/S this should have been fairly accurate at the time. 10% more or less would be intolerable according to my attorneys so I would believe that est 37 billion in Feb 2004 is acceptable.
2. Retirement of shares had been occurring prior to this est 37 billion advertisement with word from those in the company, (rumor) with Melvin being the exception, that the retirement was continuing. Thus a reduction should have been taking place to the O/S during the last 13 months reducing the O/S from 37 billion to whatever.
3. In a deal with Nevada Minerals we find we are going to issue 75 billion CMKX shares to them for interest in 500,000 acres of mineral rights in FALC. This would increase the reduced O/S by 75 billion making the O/S supposedly somewhere shy of 112 billion. What we found out was that Urban was going to issue 35 billion new CMKX shares to Nevada Minerals and kick in 40 billion from his private stash to reduce the dilution to share holders. A new Question arrives! Where did Urban get 40 billion shares to kick in? We have no record of those shares ever being issued so we actually are clueless, unless. Unless the 5 million dollars invested in Feb 2004 was from Urban’s private stash too and he received a sizeable amount of CMKX shares for his investment. We know he didn’t have those shares prior to that time as his shares prior to this were placed into somewhat of an “escrow” account and were frozen for an extended period of time. So my “guess” is that Urban’s new shares came from the investment money and one can only guess at the deal he got on them. I believe we bought 75 billion shares back from Nevada Minerals at somewhere near .000029 per share or nearly 1/5th of what they could have sold on the market for if they had not been restricted. If the 5 million dollars invested in CMKX came from Urban and brought nearly twice the .000029, let’s say .00005 in CMKX shares then that would have entitled him to around 100 billion shares. Or if he got a sweeter deal he may have got 50 billion to 200 billion shares of CMKX besides what he previously owned and was still frozen. So we were at est 37 billion and reducing by retirement in Feb 2004 with investment money hitting almost the exact same day. The est 37 billion would not have included any shares issued for this new investment money so the O/S would probably have increased then dramatically. We have no other official report of the true size of the O/S yet we know it was increased to allow the 35 billion to Nevada Minerals and then they along with the 40 billion from Urban were returned (not retired) to treasury per Andrew Hill, our new IR person. Meaning they were available at that time for reissue. Logical guess on this scenario (IMHO) would be 37 billion plus investment dollar shares amounting to somewhere between 75 to 150 billion shares placing the O/S near 112 to 187 billion. Note: This is without taking into consideration that Urban seems to control the company without any need for our approval as shareholders so either he has controlling interest of the shares O/S (meaning possibly over 400 billion) or we have non-voting common shares and he has a preferred share with all voting rights, or some other technique to bypass the obvious norm.
4. Next UCAD/USCA buys in on CMKX and sends 7.5 million shares valued at the time to be near $3 per share (or $22.5 million) for 5% of CMKM Diamonds. Was this paid in shares? If so at what price per share? Another 10% could be purchased by USCA for $15 million dollars of which they exercised some. Any idea how many
more..
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Post by fastwalker on Mar 3, 2005 8:58:37 GMT -5
shares $22.5 million dollars would have bought of CMKX on the open market? Add to that the millions USCA paid CMKX and we need to consider how they received their portion of CMKX. If it was in restricted shares of CMKX then this would raise the O/S considerably as well, but the shares would be held by USCA with more than likely a 2 year restriction. The same would hold true with SGGM that bought in on CMKX with 200 billion SGGM shares and 10 million dollars. Did they receive restricted shares for there 5% ownership? If so that too, would increase the O/S, but both USCA and SGGM would probably be 2 year restricted shares and also more than likely a long term relationship would keep those shares held tight for some time. (Continued) In short: Could the O/S be very large? (500 Billion to 800 billion) Sure it could. Based on the information I have submitted it is easy to see that the O/S could be large, but not deadly or disgusting. Urban, USCA, SGGM, Ed Dhonau, etc… are legitimate long term share holders and if these are holding a substantial part of the O/S then it is understandable as I have shown above. This would mean that the float would be relatively low even if an hi O/S were to be announced. Could the O/S be mid range? (200 billion to 500 billion)Most definitely. I believe the information I supplied could support a mid range O/S as well. Could the O/S be small? (0 – 200 billion) I believe the records of what the company has reported to us actually supports a very small O/S of 37 billion to 175 billion. What would be a disappointing scenario? USCA and SGGM have no huge stock pile of CMKX shares; Urban and company can account for only 51% (401 billion) of the O/S and the rest (379 billion +) has been diluted into the float with a very low asset valuation. What would be an exciting scenario? USCA and SGGM are owned by CMKX so we keep it all; Urban holds 1 restricted share of CMKX with all voting rights; the O/S has been retired with the exception of the certificates held by shareholders that also account for the entire float; with an O/S below 20 billion we have an asset valuation of 40 billion plus. Just thinking out loud here. Anything is possible in these filings although not everything is probable, so try and stay focused on the details of the filings and don’t be quick to judge if they are good or bad. When they do come out, lets take time and review and chew on the details for a while and let some of the awesome minds that many of you have dissect and bring out the probabilities and possibilities that are before us. Hopefully there will be no more wishful thinking for us. If the rumors from the T/A are true then we are going to get official facts. These are just my thoughts and opinions that I submit for consideration and I ask that you treat them as such. Thanks for reading. Dr.D
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Post by fastwalker on Mar 3, 2005 8:59:32 GMT -5
Will divie$ be recalculated if o/s less than 800b? tinyurl for this thread here @ Dave's: tinyurl.com/5qdng This Q came up on Canuck's board tinyurl.com/3lw8j I answered based on my Recollection of Dr Diamond's OPINION at the Chattanooga party. Dr. D - your fan$ would love to read your OPINION on this! on Mar 2nd, 2005, 2:55pm, marketmatt wrote: I was under the impression that all the divvys were given out at an estimated 800b o/s. So if the filing comes through with lets say for example 100b o/s, shouidn't the divvy's be recalculated 8X the original (1m shares of CIM divvy then should be 8m shares CIM after 100b o/s file)? Help me out here, but why would they be unchanged as some are saying and the MM knowing the true o/s without we shareholders knowing about it during that time when we actually received them? The divdend distributions were decribed in terms of a FIXED NUMBER OF SHARES Everyone merely ASSUMED that the ratio used at otcbb.com indicated a 788 Billion O/S However, Rendell & others have been reported as saying at races that the A/S can also be used. Dr Diamond in Chatanooga 1st Sat in Nov 2004 - the week after the Vegas party - indicated his belief that if the A/S was used in lieu of the O/S (to keep the O/S secret from the enemy) then when the TRUE O/S was known and it was, say, 186 billion (vs 788 billion) THEN we would get 3 X MORE DIVIDENDS than we've already received. (just an example) IF A FIXED NUMBER OF USCA AND A FIXED NUMBER OF CIM AND A FIXED NUIMBER OF GEMM ARE TO BE DISTRIBUTED THEN ANY O/S SMALLER THAN 788 BILLION WILL AUTOMATICALLY TRANSLATE INTO MORE DIVIDEND SHARES FOR SHAREHOLDERS OF RECORD ON THE APPLICABLE RECORD DATE FOR THAT DIVIDEND. IMHO. That was certainly MY UNDERSTANDING of Dr Diamond's OPINION last Nov. The understanding above, if correct, would also explain WHY THE DIVIDEND SHARES HAD TO BE RESTRICTED AND NOT FOR SALE - AT LEAST UNTIL THE REAL O/S WAS KNOWN SO THAT THE ADDITIONAL NUMBER OF DIVIDEND SHARES COULD BE DISTRIBUTED SO, IF THE CMKX O/S IS ONE FOURTH OF 788 BILLION (JUST AN EXAMPLE) THEN WE WILL END UP WITH FOUR TIMES AS MANY SHARES FOR EACH DIVIDEND STOCK AS WE HAVE NOW ANY CMKX O/S LESS THAN 788 BILLION IMHO MEANS MORE DIVIDENDS YET TO BE DISTRIBUTED WHICH MEANS THAT OUR ACCOUNTS WILL INCREASE IN VALUE JUST FROM THE INCREASED DIVIDEND SHARES EVEN IF THE CMKX PPS DOES NOT MOVE (RIGHT !) ALL JUST MY OPINION By way of confirmation, Today's Green Baron cmkx update said, Quote: "the three dividends (USCA, CIM, GEMM) we believe will be worth many times your original investment (basis in CMKX)" BULA VINAKA jawz_2020 www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=165003
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Post by fastwalker on Mar 3, 2005 9:00:07 GMT -5
By: oblair 02 Mar 2005, 06:09 PM EST Msg. 165003 of 165007 @ Sterling's classroom (This msg. is a reply to 165000 by jawz_2020.) Jump to msg. # jaws 2020- Based from what I have gleaned from people is that the dividends are "markers" in our account based on the AS. Once the OS is released the dividends will be adjusted and distributed accordingly based on the OS not the AS. Whether that is fact not sure. Just my understanding of this convoluted event. Take care and good luck. Blair have wondered this for months. Obviously this is something that all shareholders would like, and at this point need as the value of the divies we have continue to decline as time passes. I am preparing myself for the worst case scenario. IMO the divies will not be adjusted...but then again who knows. We don't really know if the 8% divy distribution is still what the company is using...it could be, but maybe not. We don't know if the restricted shares receive divies, or the treasury shares. If the treasury shares do receive divies, then the value of CMKX will be higher, right? If that is the case the company will have greater value, right? Which will be good for us in the long run. My thought is this - it will not be adjusted BUT, with the shares that are not distributed, maybe the company will offer yet another divy in GEMM, USCA, CIM. By doing this, CMKX could help out their jv's by keeping constant pressure the market. (if we could all get out of pinkie land( I would like to see SGGM someday, maybe a few of the other company shares that everyone is talking about. Hec, what I would really like to see, is an O/S at about 150B and have CMKX announce a 1 for 1 forward split. Hey a man can dream. byg This is a Lead-Or-Follow Post: the link below shows vol for last 3 months but I broke it down as follows: Dec/04 = 125,300,623,629 Jan/05 = 77,255,824,577 Feb/05 = 56,697,624,734 total = 259,254,072,940 someone posted recently an accumulation chart which if I remember started an upward trend since last April for accumulation...if we were to speculate on previuos vol based on the above and trying to be conservative at 50 billion average per month vs. 70 above that would bring us to 400 billion (we know there were a few months that had hige vol and if you look at the link below on 12-9-04 39 billion alone traded) so adding the average plus the last 3 months that comes to 659 billion plus I believe the number could actually be closer to 60 billion per month which would come to a total of 739 billion...now were these retired !!!$$$ who said kiss the float...lol any thoughts on this? www.stockwatch.com/swnet/utilit/utilit_snapsh_result.aspx?action=go&symbol=CMKX®ion=U&snapshot=SX KSBRADLEY
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