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Post by jimmyrr on Oct 21, 2004 16:39:01 GMT -5
What do you think about this e-mail?
>Dear Mr. ********
>
>Thank you for the email regarding your CMKX dividends. Unfortunately, I was unable to locate any information on CIM spin-off/dividends. For detailed information on their upcoming corporate reorganizations please contact the Investor Relations Department directly. I apologize for the inconvenience and please let us know if you have any other questions.
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Post by fastwalker on Oct 21, 2004 16:41:24 GMT -5
;DRegarding CIM Dividend... read this from RB-Sterling's Board. For and all... Just got off the phone with Ameritrade and they said the CIM divy was named "CMKM Diamonds Inc Cassaavant Restricted" in our accounts. CMKX changed the cusip# for these CIM divy shares and that was the reason for them being named this way. The lady said they were without any shadow of a doubt CIM shares! Also, other brokers may have named them differently,but, these shares were in the correct format name for Ameritrade accounts.  |
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Post by fastwalker on Oct 21, 2004 16:42:54 GMT -5
;D Posted by: prospector777 In reply to: None Date:10/21/2004 4:35:42 PM Post #of 19063 By: knarf25_omegaman7of9 21 Oct 2004, 04:18 PM EDT Msg. 619980 of 620012 Jump to msg. # CMKM Diamonds AMEX IPO information update: The Dividened CMKM Diamond Shares in your account that are CMKM Diamonds *restricted have an A/S of 25M and will IPO at $20. Company keeps 51% and 49% are all that will IPO at most x $20 equal $245M. CMKM / UCAD have that valuation already no problem. I believe the IPO will be conducted via I.S.O. = {Initial Shareholder Offering}. Our shares that we got are *restricted and will be sold at IPO on AMEX. We then get a portion of the sale...$5.00 minimum initial bid for AMEX. If they IPO for $20 like the "Man himself" said they would at Denver race, then our "Tender Offer" would be the restricted CMKM Diamond shares x $5.00 1. CMKM DIAMONDS INC RESTRICTED #9068741 Unknown 2. CMKM DIAMONDS INC TENDER OFFER 125809996 AMEX 1. Is the shares 2. Is the Tender Offer Order for sale of shares The Company can actually Sells our shares then gives us a Cash Tender Offer without dishing out any of it's own cash. Our Tender offer is paid via the "New" shareholder who buys the IPO shares on IPO day. As always this is strictly my opinion. |
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Post by fastwalker on Oct 21, 2004 16:55:21 GMT -5
 wouldnt believe it untill I had the cash in my hands out of my ameritrade account.
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damo
New Member
Posts: 16
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Post by damo on Oct 21, 2004 16:59:41 GMT -5
forgive my ignorance......I love what i'm reading here...but this CIM deal will not in any way affect my cmkx holdings will it....I mean I hold about 6.5 mil cmkx and only 165,000 CIM.
can anybody explain?
thank you!
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Post by fastwalker on Oct 21, 2004 17:02:46 GMT -5
forgive my ignorance......I love what i'm reading here...but this CIM deal will not in any way affect my cmkx holdings will it....I mean I hold about 6.5 mil cmkx and only 165,000 CIM. can anybody explain? thank you! Actually dano, you are not missing anything here..it's speculation by the author..as in "what if." Wait until CIM goes public...merges, or falls off the planet..before giving it any though... ;D time to move this puppy to the rumor mill...lol...  .. |
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wouldnt believe it untill I had the cash in my hands out of my ameritrade account.
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