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I got my 3-1 forward split shares today in Fidelity account. Looks like Roger is on the ball.
I got my 3-1 forward split in my Fidelity account today. Restricted shares. Looks like Roger is on the ball.
Good morning Sub. I registered for the party yesterday and went to the races. I met Urban, Jeff and some of his crew. Others I met some guys from pal talk, willie the wizzard, and topo. I got a very good feeling out of it all. Urban seems like a genuine and sincere person. When I was getting ready to leave he said make sure you come to the party tomorrow. I heard losts of rumors but I won't repeat any I will report back late tonight or tomorrow morning. All in all everyone is pretty excited and positive about our future. My gut feeling is we do have an opportunity of a lifetime.
averagejoe. After meeting with Urban I don't think anyone is getting screwed out of anything. Have patients this will all work out. Do you own shares or are you just here to bash the stock.
Mach are you here in Vegas too?
As far as people count. While I was at the Texas Station I saw at least 100 people that had registered and many more with the name badges. At the race track several people in line were there for cmkx and ucad.
I just got back from the race track. Met Urban, Jeff and crew and a lot of nice people. I also met Topo, Willie, a guy named Stuart and Greg from Pal Talk. All in all it was a good experience. I walked away with the feeling that this is the real deal no scam.
Tomorrow will be the day to ask questions. The shareholder party is at 7pm with Love Shack performing and many special guests that will speak. I seems like they have it pretty well planned and everyone I talked to was having a good time. I don't want to get into any rumors although I have heard some. We will see what they have to say tomorrow.
I will say one thing I heard D Roger Glenn and Williams are going to be meeting with the SEC on monday.
GO CMKX
I just got back from the race track. Met Urban, Jeff and crew and a lot of nice people. I also met Topo, Willie, a guy named Stuart and Greg from Pal Talk. All in all it was a good experience. I walked away with the feeling that this is the real deal no scam.
Tomorrow will be the day to ask questions. The shareholder party is at 7pm with Love Shack performing and many special guests that will speak. I seems like they have it pretty well planned and everyone I talked to was having a good time. I don't want to get into any rumors although I have heard some. We will see what they have to say tomorrow.
I will say one thing I heard D Roger Glenn and Williams are going to be meeting with the SEC on monday.
GO CMKX
I just got back from the race track. Met Urban, Jeff and crew and a lot of nice people. I also met Topo, Willie, a guy named Stuart and Greg from Pal Talk. All in all it was a good experience. I walked away with the feeling that this is the real deal no scam.
Tomorrow will be the day to ask questions. The shareholder party is at 7pm with Love Shack performing and many special guests that will speak. I seems like they have it pretty well planned and everyone I talked to was having a good time. I don't want to get into any rumors although I have heard some. We will see what they have to say tomorrow.
I will say one thing I heard D Roger Glenn and Williams are going to be meeting with the SEC on monday.
GO CMKX
Agreed. If the mm's shorted 7.5 million shares of ucad they now have to cover 22,500,000 shares of usca, to boot they now are forced to cover a gazillion shares of cmkx. IMO they went to the sec for help. This should get very interesting now. IM NOT SELLING. I beleive D. Roger Glenn will resolve this to our satisfaction.
IMO only. The mm's are scared and they ran for help. This is part of 12(k)
6. "Emergency" defined
For purposes of this subsection, the term "emergency" means a major market disturbance characterized by or constituting--
sudden and excessive fluctuations of securities prices generally, or a substantial threat thereof, that threaten fair and orderly markets, or
a substantial disruption of the safe or efficient operation of the national system for clearance and settlement of securities, or a substantial threat thereof.
Can someone explain this part of section 12(k):
6. "Emergency" defined
For purposes of this subsection, the term "emergency" means a major market disturbance characterized by or constituting--
sudden and excessive fluctuations of securities prices generally, or a substantial threat thereof, that threaten fair and orderly markets, or
a substantial disruption of the safe or efficient operation of the national system for clearance and settlement of securities, or a substantial threat thereof.
Section 12(k):
k. Trading suspensions; emergency authority
1. Trading suspensions
If in its opinion the public interest and the protection of investors so require, the Commission is authorized by order--
A. summarily to suspend trading in any security (other than an exempted security) for a period not exceeding 10 business days, and
B. summarily to suspend all trading on any national securities exchange or otherwise, in securities other than exempted securities, for a period not exceeding 90 calendar days.
The action described in subparagraph (B) shall not take effect unless the Commission notifies the President of its decision and the President notifies the Commission that the President does not disapprove of such decision. If the actions described in subparagraph (A) or (B) involve a security futures product, the Commission shall consult with and consider the views of the Commodity Futures Trading Commission.
2. Emergency orders
A. The Commission, in an emergency, may by order summarily take such action to alter, supplement, suspend, or impose requirements or restrictions with respect to any matter or action subject to regulation by the Commission or a self-regulatory organization under this title, as the Commission determines is necessary in the public interest and for the protection of investors--
to maintain or restore fair and orderly securities markets (other than markets in exempted securities); or
to ensure prompt, accurate, and safe clearance and settlement of transactions in securities (other than exempted securities).
B. An order of the Commission under this paragraph (2) shall continue in effect for the period specified by the Commission, and may be extended, except that in no event shall the Commission's action continue in effect for more than 10 business days, including extensions. If the actions described in subparagraph (A) involve a security futures product, the Commission shall consult with and consider the views of the Commodity Futures Trading Commission. In exercising its authority under this paragraph, the Commission shall not be required to comply with the provisions of section 553 of Title 5 or with the provisions of section 19(c) of this title.
3. Termination of emergency actions by President
The President may direct that action taken by the Commission under paragraph (1)(B) or paragraph (2) of this subsection shall not continue in effect.
4. Compliance with orders
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security in contravention of an order of the Commission under this subsection unless such order has been stayed, modified, or set aside as provided in paragraph (5) of this subsection or has ceased to be effective upon direction of the President as provided in paragraph (3).
5. Limitations on review of orders
An order of the Commission pursuant to this subsection shall be subject to review only as provided in section 25(a). Review shall be based on an examination of all the information before the Commission at the time such order was issued. The reviewing court shall not enter a stay, writ of mandamus, or similar relief unless the court finds, after notice and hearing before a panel of the court, that the Commission's action is arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law.
6. "Emergency" defined
For purposes of this subsection, the term "emergency" means a major market disturbance characterized by or constituting--
sudden and excessive fluctuations of securities prices generally, or a substantial threat thereof, that threaten fair and orderly markets, or
a substantial disruption of the safe or efficient operation of the national system for clearance and settlement of securities, or a substantial threat thereof.
Just checked it again. The wording is gone. Weird?
Also I am at work and can't make the call to Fidelity.
Could someone else call and find out what this means.
Good morning. Interesting thing on my fidelity account. The price of cmkx says :
The quote for this security is given in foreign currency
1 Please call 800-544-2976 for prices in U.S. dollars.
What the heck does this mean? This is the first time I have seen this.
I agree with 1.56 trillion. I've been in this for over 2 years now and it is very possible the short position could be that huge. Can you say short squeeeeeeeeeeeeeeeeeze to the max. Hope it comes true.
Naked as a J-bird. Is that where they got the expression?
I'll bet your bird is NAKED.
Guess he won't be gobbling any more! LOL
My Fidelity IRA account shows:
Casavant restricted cuspid # 125809996
My spinoff shares from 9/03 shows:
Casavant Intl Mining Corp cuspid# 147990469
Is there any significance in the different cuspid numbers?
It's like a Bob Dylan song with never ending verses or groundhog's day.
Gmorning cmkx'rs Haven't posted in a while, I gave it a rest for a month. Are we at .54 yet?? hehe. hello sub see you at the party.
tfn I registered for the party a couple of months ago on the ucad party registration site. Is there anything eles I have to do to register. I live in Vegas so I don't need a room.
Fantastic news, here we go!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Now that's the kind of pr I like to see. No fluff just facts.
I understand they have to round-up but the pr states:
The PR states:
"UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution."
So all cmkx shareholders can take part. To me they are saying the current situation is there are not enough ucad shares to distribute to all the naked shorted shares. So they will increase the amount of shares to distribute to all.
I think that means they will distribute the divy to all shareholders even it it is 483 billion legal shares. Then who covers the naked short shares (if any) IMO it is huge. OH I guess that would be Jeff and his buddies. HaHa It could cost them hundreds of millions. We will see. Good Luck
What do they mean by this statement.
"UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution."
The distribution date was supposed to be 9/24/04
IMO it is the short position that is to blame for the delay.
If the short position is 500 billion then UCAD could just issue an additional 4,625,000 shares for $23,125,000. If the short position is 1 trillion it would be 9,250,000 shares and a whopping $46,250,000.
UCAD wants all cmkx shareholders to take part in the .000009% distribution.
Does this mean whether we hold our naked shorted shares or sell them back to the mm's to cover we are still all going to get the dividend, all paid for by the mm's buying back and covering the UCAD distribution.
I'm just speculating any thoughts?
"UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution."
The distribution date was supposed to be 9/24/04
IMO it is the short position that is to blame for the delay.
If the short position is 500 billion then UCAD could just issue an additional 4,625,000 shares for $23,125,000. If the short position is 1 trillion it would be 9,250,000 shares and a whopping $46,250,000.
UCAD wants all cmkx shareholders to take part in the .000009% distribution.
Does this mean whether we hold our naked shorted shares or sell them back to the mm's to cover we are still all going to get the dividend, all paid for by the mm's buying back and covering the UCAD distribution.
I'm just speculating any thoughts?
Some interesting info on popcorn:
I expected if the dividend didn't go smoothly then there was problem. This is good thing. Not only do we poss have a company that is going to be fully reporting but im means to me that we really do have a large short position.
Roger is giving the mm's and the DTC 7 days to cover.
IMO lots will be revealed now that there is a timeline set by Roger Glenn.
PASS THE POPCORN PLEASE
CHECK THIS OUT
http://sheknows.com/about/look/2328.htm
.0000155 would put us at 483 billion shares approx.
I just checked my Fidelity account. It's not in there yet. I don't expect it till after close of business today. I can't wait to see how the mm's deal with this one!
I think I read somewhere that the date would be 10/10/04
Oh my you released the big guns early. Hoping for a green day!
Yeeehaaaa let it rip. Looks like it was a good day, IMO lots of positive things are about to happen. I think when this runs it will be a good run then possibly a merger. I have always beleived in the actual diamond play and now it's obvious by our neighbors that the whole area is humming. IMO we are in the right place at the right time. Good luck!
GOT POTASH?
This is interesting about sggm.
http://www.highbeam.com/library/doc0.asp?DOCID=1G1:106484168&num=5
spagetti ooooooooooooooooooooooos
BBP I strongly beleive there is a huge naked shorp position. If so this could be a wild ride.