Post by fastwalker on Oct 23, 2004 0:36:22 GMT -5
Unsubstantiated theory
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This is a georgeburns Posting
CIM IPOs on AMEX.
You are already a CIM shareholder due to dividend. You keep your shares as did the Google employees who received shares before the IPO as an employement benifit. Look what happened to those employees at Google. Google had serious problems retaining employees after the IPO. Too rich to work anymore.
Ok.. so CIM IPOs on AMEX. CIM tender offers and buys up GEMM, UCAD, and CMKX, shortly before the IPO.
Naked shorts don't matter anymore. UCAD and GEMM dividends were to keep it fair to the CMKX holders.
Naked shorts don't matter during a tender offer. Shorty is responsible for anything outside the authorized FLOAT.
CIM buys the Authorized OS minus the float from CMKX for 10 dollars. CIM buys GEMM and UCAD float a few pennies above current market price. (GEMM and UCAD's floats have been reduced recently...hmm thats an odd coincidence.)
CIM IPOs.
New big investors look at what CIM has to offer in determining the new share prices.
1.4 million acres of mineral claims in Sask.
Uranium joint venture.
Big freaking gold mine in Ecuador.
Tools to extract the gold in Ecuador.
Zinc deposits.
etc, etc, etc,....
Integrated business plan?
Where does SGGM fit? (does it matter)
-burns
cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&thread=1098401989
on Oct 21st, 2004, 9:59pm, preeway wrote:You said Quote:CIM buys out CMKX for $10. Is that per share or outright? What does that give CMKX shareholders as a buyout value?
Tender offer for the float of CMKX .. . that is expensive. To buy the O/S minus the float of CMKX only 10 dollars. Brother to brother.
The reason I posted this, although unsubstantiated, is that it is withing the realms of possiblity. Nothing in here is far fetched. Everything above can be done.
on Today at 07:47am, preeway wrote: Quote:So would CMKX shareholders recieve anything from this? Or is the payoff coming from CIM?
money
I am saying that Ron would give Urban a crispy 10 dollar bill for the entire OS minus the float. The float...(what you and I own) would get xx per share.
on Today at 08:00am, preeway wrote: Quote:So I was following along just fine. We would find out what the xx per share would amount to later, not based on the crispy $10 bill. Yes?
No... lol... it would have nothing to do with the 10 dollar bill. Normally when you buy something... you have to pay for it.... have to pay something for it, even if the other guy is giving it away. I just named 10 dollars cause I have seen that used a lot. I have also seen 1 dollar. It could really be anything. It really doesn't matter as it is just a transfer of ownership.
on Today at 08:21am, tramp wrote: Quote:george:
what about our CMI sgares from last year? how does that fit in?tramp
The CMI "sgares" will turn into a one diamond per share physical transfer once the restriction is lifted by your Borker.
Just playing... probably treated the same as your CIM.
