The O/S number WILL GO DOWN! Please read why:
xxdiamondchildxx
Diamond Hunter
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Posts: 44
***The O/S number WILL GO DOWN! Please read why:
« Thread started on: Mar 4th, 2005, 11:23pm »
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1) If you read today's PR that states "Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name")", it give me an immediate indication that out of the 2,032 stockholders a certain number of them would be Urban, Other CMKM Diamonds, Inc. executives, JV executives, and essentially any other INNER CIRCLE colleagues. The rest of these 2,032 stockholders (the majority), would be individuals such as the lay shareholders who ordered their certificates.
2) With the above being known, why would the O/S be so high with just 2,032 stockholders of record. That is because the above mentioned execs. and inner circle colleague hold, as I stated, the majority of the 703 billion plus shares for reasons that dealt with maintaining a majority of the overall shares that are out in the market (issued and NSS). The point being that Urban had to always be one step ahead of the NSS position so that he maintained 51% of the overall market shares, not the outstanding shares.
So what was the plan..........
3) Roger comes on board and sees this HUGE NSS problem and says to Urban that we need to raise the authorized shares from 400 billion (earlier last year) to 800 billion to maintain 51% of the shares in the overall market and thus prevent a takeover by a hostile entity. In order to do this, the majority of these newly A/S were issued for Urban and to those in his inner circle.
Therefore, CMKX Shareholders.........
4) The total count of shares in the market was kept track of by CMKM Diamonds (legit and NSS) and Urban and Roger always stayed one step ahead of the increasing NSS position. As long as controlling interest was maintained via %share ownership, the company was safe.
So what happened.............
5) Time elapsed so that Urban, Roger, and CMKM Diamonds, Inc. could be given a chance to have all of their t's crossed and i's dotted as they got ready to present everything to the SEC.
6) The day comes to present this to the SEC, and the SEC notices a huge difference between the issued shares and the total shares out on the market; hence manipulation and a LARGE NSS situation. Being that the SEC and the manipulators are hand in hand in many ways IMO and the manipulators have much to lose financially, the SEC temporarily halts CMKM Diamonds, Inc. to make sure the share numbers are correct and that their paperwork is in order and legit before they place CMKX on the SHO list and force the MM/brokers to settle the issue by covering until they get it down to the current PR'd O/S of 703+ billion.
Here is "The Plan" although IMO...........
7) Once the MM's play their initial keep the price the same or "no bid" games on March 17th to shake frightened shareholders out of their shares (due to the large O/S) to begin covering this huge NSS position and.......
8) The MM's over time start slowly raising the price to get more shareholders that are impatient or don't feel the price will go much higher to let go of their shares, the covering can move to completion. The MM's eventually get the shares down to 703+ billion. Once the number of shares out in the market match the current O/S, the O/S CAN BE REDUCED SIGNIFICANTLY (by 100's of billions) and Urban can still maintain 51% of the shares out in the market. Urban can do this by having these above stated CMKM Diamonds, Inc. execs., JV execs., and any other INNER CIRCLE colleagues return these issued shares and thus retire them. This retiring of shares can also occur with Urban himself. Then....
WHEN ALL IS UNSUSPECTING WITH CMKX TRADING.......BOOM!!!!!!!!!........
9) CMKM Diamonds, Inc. releases a PR of MEGA proportions announcing the retiring of billions of shares and a VALUATION/FINDINGS TO BOOT. By this point the SEC would have been saved from being in an "ugly" position in MANY ways, the MM's (who we need down the road whether we like it or not) would have finished covering at a higher but still reasonably low price, and CMKM Diamonds inc. will have their REAL O/S and trade like a fresh new company ready to make an impact in the market and the world of mining. Therefore, all parties are happy to some degree.
This is what I feel is going to happen. That being said, it is all IMHO so please take it as such.
God Bless to all!
Peter
(Dxild)
http://cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&num=1110003811
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