Post by fastwalker on Oct 21, 2004 17:57:43 GMT -5
(Someone's Idea of the) Best Post of the day!!!
« Thread started on: Today at 3:36pm » <br>
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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.
Frank
www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=619980
« Last Edit: Today at 3:51pm by braindamage » <br>
