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Great article dusty!!!
Can you turn the page and take another shot???
What magazine is that? TIA
CNESE new 10K out....
http://sec.freeedgar.com/displayText.asp?ID=3418457
I don't like it.
easier to read here....
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000790273%252D05...
IDVL Level 2 Please. TIA!
QBID: L2 tia!......
Oh wait... I'm a little early. Good News after the bell. Anyone think this will move a little tomorrow?
Isn't that why you're here??
NNOS Anyone think this turd has hit bottom? Lots of vol today....
Sub, GTC, Hippie------- I don't see how we can view this PR as anything but POSITIVE!!! I smell a share retirement PR coming next. Then the filing shortly after. This is excellent news.
Leave Janice and TSX pick out any unapparent negatives of this news.
Thanks Billy,,,
Hopefully just a general Q/A at the party...
Hey Billy,,
Is this a private Q and A or can anyone attend? If not private, do you know where and when this is taking place? I'll be in Vegas by 6 and would love to get in on this.
Thanks!
SSWH: B/A?? TIA
I've been trying to get a 100K at .0013 all morning????
Why is Brigg so quick to come to Churak's defense??
Team players,, without a doubt.
Interesting slip by what's his name:
of course it does...your posts have 0 credibility with most of us as well.
Who is "US"??????
I'm not knocking you people. Everyone needs a job. You all obviously have a little more than average intelligence and you guys/gals are all so very quick with responses. That takes some skill,,, practice mostly. Personally, I'm glad you people are here. Thanks for all you do!
You have, on more than a couple of occasions, forced me to take another look at my investment in CMKX. I've had to dig deeper and deeper into the company. The thing is, the deeper I dig, the better I feel. Isn't it funny how your bashing has inadvertantly made me more comfortable?
Seeya on the moon!
Indy
Man you just can't help yourself. Pitiful.....
Spokes,,,
We’ve been talking about this on another board. I think the answer is simple. We just need to look back to the Jan. 2003 PR that discussed the Cross-Dividend policy. It explains perfectly what was disclosed for the UCAD dividend, and now the CIM divy as well. I’ve posted on this board before about cross dividends and I’m still a believer.
Here’s the math,,,, I copied it from proboards32,, thanks Paltalknews:
For UCAD, we received 7.5 million shares. If CMKX distributes 8%, then the number of shares given out totals 600,000
7,500,000 x .08 = 600,000
Now, if we use the OTCBB ratio of .0000155 to back into the float (or OS- depends if UC gets dividends).
600,000 / .0000155 = 38,709,677,419 (about 39 billion)
So if we apply the same logic to the CIM dividend:
40,000,000,000 x .08 = 3,200,000,000
3,200,000,000 / .028 = 114,285,714,286
The difference between the CIM distribution and the UCAD distribution totals 75,576,036,866
This happens to coincide with the 75 billion that is being given to Nevada Minerals. Timing seems appropriate as well. Based on this, it would seem that Nevada Minerals will not receive the UCAD dividend but will receive the CIM dividend.
What more needs to be discussed??? Well, the A/S increase to 800B is perplexing, but I think we will see a reason for this in time.
Indy
Hey Matt,,,
How do I change my Login and Username?
That would be just fine with me.
The OS would be nice to know but, that info will not be available until the results of the share audit are PR’d. I don’t believe it is 483B. I’ll leave it at that.
I’m interested in the tradable shares and where the dividend rate of .000015 came from. CMKX’s Cross-Dividend policy is the best explanation I have seen so far.
As far as where the 75B shares for Nevada Mineral came from? UC gave Nevada 40B of his own shares. I believe those were his personal shares. That’s only $4M at .0001. I’m sure UC has that kind of money. Or, if possibly the Lundin Group was backing you, it wouldn’t be hard to come up with that if it was needed for the plan. I was thinking that the other 35B were newly issued from the treasury?? Why else would the PR say issued? We certainly did not authorize more shares. We are already at the max according to Nevada regulations.
Regardless, all of those shares are restricted, and not part of the float.
I don’t post. But this has really got me going!!
I think we should make it clear that the 38.7B would be the Float.
I know what mandatory means. It’s not a big word. What it means in the Jan 7 2003 PR is that, according to the new company cross-dividend policy they “must” (mandatory) do it. The basher’s can put any twist on it they like. That’s what it means to me. Weather it’s 8% or 100% is up to the company. I was just like everyone else in assuming that we would get the entire UCAD dividend of 7.5M. The PR didn’t say we would get it all. There was really no need to state the cross-dividend policy again. That’s why we keep hearing about UC telling everyone to read the old PR’s.
It did not make any sense to me why to company would give everything away. It’s like they are saying were not trying to build value for our company. Who would be here if you believed that?
As far as where the 75B shares for Nevada Mineral came from?
I'm not worried. They are not part of the float.
40B does fit nicely with the CIM dividend.
That number has been tossed around a bunch.
This makes much more sense than anything else I've seen.
I like a lot!
Jon Awesome!!!!!!
That makes perfect sense to me. The pr from Jan 7 2003
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Jan_7/ai_96198036
says that only 8% of the dividend will be issued to shareholders.
8% of 7.5M = 600,000
600,000 / .0000155 = 38.7B
That number has come up quite a bit???
Great work!!
ZEN... you beat me to it!
Thanks TSX!!!
You have just proved zeninvestor32 right...... again. He said this type of smear campain would happen a while back in this post. Got to love ya ZEN!!
http://www.investorshub.com/boards/read_msg.asp?message_id=3463286
I agree!!!! Sub, you are the best!!!
That's very positive info. The best thing is, coming from you, I believe it!!!
We should thank NewbieS for electing you as our spokesperson.
Hey Longs,,,, question?
A while back someone mentioned that the shares you received in the dividend from CMI was showing a value in your portfolio. Is that stock still trading? If so, what is the ticker?
Drillbit LMAO!!!!! "Bastages" what a great word. I only knew
one other guy that used it. You didn't grow up in Missouri did you?
Long Time Reader First Time Poster!!!
I've been reading here for several months. It only took a few
weeks of reading to convince me to take a very nice POS in
CMKX. I just wanted to thank all the regulars for sharing
your tremedous DD and insite. (You guys know who you are)
A huge thanks to Melvie and UC as well!!
Great things to come.......