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Hi Lifegear..I called the number 203-854-6711..which I got from alexindef's post #28.. I am fairly certain it is the same number I had called in the past..which I got from the company profile from the pinksheets.com website..If you try that number you should get the message..
Do you invest in shells on a regular basis.. Is there some method of determining whether one shell is more likely to get filled than another..
Best
Tod
what phone number did you use?
CIBM.. I started accumulating CIBM "roughly" 3 years ago based on a post from Mr. Bill.. I did not know a lot about shells..but I understood the value of owning a company with a tiny share structure/float(assuming it remained tiny).. and the potential return on investment "if and when" the shell ever "got filled."
I have called the company about once a year ..for 3 years now..and just prior to this post as well..Each time I have called I have ended up with a recording..making reference to "the Number One Corporation".. I have left messages in the past stating I was an investor and would like to speak to someone from the company..I have never received a return call.. I must admit that the recording makes me even more skeptical about the future... but I am simply hoping that a "genuine business" comes along and uses their shell to get a real business up and running... whether that ever happens or not is another story..
Based on my investment account..I do not have a large amount of money invested in CIBM(70,000 shares at around .01)..Consequently I am willing to wait for some merger..I guess I should put a time frame on it as I have waited 3 years already.. However ..as long as the money invested is not impeding my other investments..I guess I can hold for some time to come..as the reward would be well worth it ..even if it were a 5-10 year wait.. I guess I am willing to hold it.. in hopes that it could truly be an " economically life changing event .."
Its trading action is almost non existent.. as any one who follows the stock knows.. I have seen it jump in price several times in the past three years.. on sudden increased volume.. the range has been as high as .04--.05(albeit it very brief)..and the other price moves have been to the .02-.03 area just like Friday..These sudden moves have been short lived as well..then it slowly creeps back to the .006-.009 area.. I always hope that there will be follow through on these sudden jumps to that .03 area..with merger news following..thus backing up the price move..thus far that has not been the case..
I guess what makes the investments so challenging for me is the patience involved.. the periodic moves in price and volume challenge my patience even more..as "my hope" of being rewarded appears for fleeting few hours..
Anyway..Hope this works out for any shareholders here..I am sorry for going on so long..
Best Tod
Cadema is listed on
http://www.businesscredit.biz/businesscreditdirectory.asp?path=%2Fdirectory%2Fretail_and_consumer_se...
Cadema Corporation
Cadema Corporation. The Group's principal activity is to finance and operate business enterprises that have the potential to generate profits and positive cash flow. Currently the Group is exploring possible acquisitions and mergers throughout the United States and abroad seeking to enter into new operating businesses. The Group invests and sells trading securities. The Group also provides pollution control services for international customers. Finances and operates business enterprises that have the potential to generate profits and positive cash flow
was the biggest volume of the year (160K) - last time 100K traded in January
thats the way it behaved with the little volume it did have today
now a whole lot of shares out there I believe
stuck with 10k partial at 02 no big deal
were you the one buying today?
guess must of been someone trying to pump it LOL
hoping im wrong and there's RM soon
it's on shellstockreview so I'm sure there's alot of shell buyers who are aware of it
merger on horizon?? boy looks thin
Yep, doesn't take much to move this!!! eom
nice UP 316% today so far
I wish I knew! Need some news or something from the owner!!! eom
when is this going to run again?
NITE bidding .008! 2 @ .01 ask!!!
who's bidding at .008?
New mm HDSN joined the line up .007 bid/ .017 ask! Maybe something is coming out soon!!! eom
Not since the last filings about 2-3 years ago. CEO owns I believe 4M shares or so. One day might wake up and go but who knows. Part of the problem is they owe a huge amount on deferred payments to preferred share holders. That likely makes it difficult in merger talks. I got 70K paper certs of CIBMP. Only paper cert I hold. Either wall paper or Gold. Will see one year! LOL
anything new about this one? it's been dormant for too long
any updates at all these days?
will they revive CIBM soon?
Mr. Bill, what's going on, ceo won't sell??
cw
CIBM. Assets now .04 CPS. On 74.2K went from .0025x.006 to .007x.009 today. .04 Assets per share now, was .035 Assets per share yesterday!
When OBSD blows CIBM should follow.
OBSD 1.75M shares @.25 = $437,500 / 10920000 (OS) = .04 cents per share in assets.
Has 1.6M debt to preferred share holders that accumulates, so...
Appeared that OBSD had ALL BUYs today. .21x.23 to .21x.25
CIBM has 1.75M shares of OBSD stock. OBSD working on a merger.
The CIBM stock should be freely trading by now. When they went
pink the CEO was working on getting the restrictions removed.
CIBM had held the stock for 1 year longer than the restriction
in SEC filings at that point.
CADEMA CORP - : CIBM
Time & Sales most recent next page
Rec. Time Action Price Volume
1:22:24 PM Trade 0.009 10000
1:13:22 PM Trade 0.009 10000
11:03:40 AM Trade 0.007 25000
10:08:20 AM Trade 0.006 25000
9:50:44 AM Trade 0.006 4200
CIBM/p. Assets .035 ps. Has 1.75M OBSD. OBSD in MERGER negotiations with NETP.
Shares: 10.9M OS, 8.2M Float. Shell. CEO has 2.4M shares
Assets: .035 cents per share. 1.75M shares of OBSD @ .22 cents thats $385,000
Liabilitites: 1.65M to prefered stock holders (accumd interest)
PAR VALUE .01 stock
_______________________________________________________________
I bought 100K shares at .006 today when .003 x .006 and MMs
down ticked the BID. A measly 1.5K shares traded at .003 prior to my trade. Also, some real strange trades of late with ddd shares trading at .003 seems somewhat odd.
_______________________________________________________________
CEO worked for FREE the last THREE years.
CEO has 2.4M shares, 22% of OS
Delisted 6/24/2003. 7 Months ago or so. Little volume since so share structure seems intact.
* Facts derived from latest 10Q and latest 10K.
* Assets in 10Q based on share price of OBSD stock at that time
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