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Q: HOW LOW will GTEL GO ? huh?
GlobeTel Communications Corp + Sanswire Technologies Inc (Wireless VoIP)
WILL SOON BE TESTING SUPPORT @ .21 < < < < <
IDEAS ON THE BOTTOM, FAN$ ?
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=3m
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=5d
BEARISH @ STOCKTA.COM
http://tinyurl.com/25rnm
resist. 0.24 strength: 8
resist. 0.23 4
support 0.21 7 < < < TESTING SUPPORT @ .21 < < <
supp 0.18 5
supp 0.14 2
supp 0.13 2
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=1d
FAN$ WILL RECALL THAT WE (RE)BOUGHT GTEL PEARL HARBOR DAY, DEC 7 2004, FOR .077
http://tinyurl.com/4fghp
AND YOU CAN SEE FROM THE LINKS PAGE,
http://finance.groups.yahoo.com/group/shortsharks/links
NOTE: {"1 yr Target: $0.27"}
THAT GTEL DID INDEED HIT JAWZ' ONE YEAR TARGET OF .27
GTEL WENT ON TO HIT A HIGH OF $.369
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=3m
GTEL FOLDER @ SS:
http://tinyurl.com/2das2
great for swing trading, sell after Highs on runs to upper BB sans news, Buy near Lower band or below mid-Range
CHART$ & T.A. - http://tinyurl.com/59z5w
All T A in 1 link 26 Jan 2005 @ Rocky's GTEL I Hub board
http://tinyurl.com/3ov65
http://tinyurl.com/25rnm
____________________________________________________________________
Gallery charts @ stockcharts.com
http://stockcharts.com/gallery?GTEL
-------------------------------------------------------------
5 Day @ yahoo
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=5d
1 day @ yahoo
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=1d
GTEL TOUCHING LOWER BOLINGER BAND TODAY !!
1 mo Chaikin $ Flow, Accum/Distribution, 8 day SMA, 10 day BBs
http://tinyurl.com/5rtog
1 mo ADX & RSI + RSI, ADX, BBs@10 days, Zig Zags
http://tinyurl.com/7y3k6
NOTE: IF RSI GETS NEAR 30, BUY !! MAYBE IF IT GOES TO .19 OR .18 ?
1 mo MACD & Aroon Oscillator, 8 day BBs, 8 day SMA
http://tinyurl.com/5c5mp
3 mo $ Flow & Accum + 10 day BBs & Zig Zagz
http://tinyurl.com/3kwnm
3 mo ADX & RSI 10 day BBs & 8 day SMA
http://tinyurl.com/6feut
3 mo MACD & Aroon 10 day BBs, 16 day SMA
http://tinyurl.com/6j39p
____________________________________________________________________
CHECK BUYSELLORHOLD LINKS FOR RESISTANCE LEVELS <<<
note: CHANGE DATE IN URL TO SEE CURRENT CHART
buysellorhold 1 yr chart http://tinyurl.com/4pq95
buysellorhold 3 month chart http://tinyurl.com/5ncn6
--------------------------------------------------------------------
ANALYSIS BY CRAIG WALDROP @ STOCK TRIGGERS:
http://www.stocktriggers.com/weekly/stock5.html
____________________________________________________________________
24 May 2004 pick by Larry Oakley's Wallstreetcorner.com & Conservative Speculator
http://tinyurl.com/5tcl2
______________________________________________________________
$5 in 5 years or Le$$, My Forum Hot Stock Pick # 2
GTEL is a KEEPER, Fan$! - opinion posted @ I-Hub
http://tinyurl.com/55m9s
______________________________________________________________
MORE DD LINKS @ ROCKY'S GTEL BOARD @ I HUB
http://www.investorshub.com/boards/board.asp?board_id=1871
ROCKY'S T A BOARD:
http://www.investorshub.com/boards/board.asp?board_id=3694
_______________________________________________________________
http://finance.groups.yahoo.com/group/shortsharks/join
be sure to set email preference for {"Special Alerts"}
Jawz_2020 has a folder on GTEL at my group which you need to read.
TON$ MORE INFO in GTEL.ob Folder @ ShortSharks
http://tinyurl.com/2das2
http://finance.groups.yahoo.com/group/shortsharks/links/GTEL_OB_001079021210/
GTEL folder @ <links> @
http://finance.groups.yahoo.com/group/shortsharks/links/
CHART$ & T.A. - http://tinyurl.com/59z5w
I also post on Rocky's I-HUB boards for GTEL
http://www.investorshub.com/boards/board.asp?board_id=1871
http://www.investorshub.com/boards/post_new.asp?board_id=3694
Ble$$ing$,
jawz_2020
Drillbit - SO WHERE does one find Mach1Cobra NOW?
huh ?
THANK YOU so much for answering !!
What Happened to Mach1Cobra ?
guess I been watchin too much basketball
naw - that can't be - - -
anyway, what's the story on this board now?
huh?
jawz_2020
REAL Reason WHY CMKX HALTED
the more I think about it
IMHO the REAL reason cmkx was suspended is so that
all the lawyers, SEC honchos, market makers,
the evil off-shore hedge fund kingpin
all the BORKER$
and ALL the employees of ALL the above
do not have to deal with everything hitting the fan until AFTER
the world knows WHO the NCAA Men's basketball champions will be
AFTER the TOURNAMEWNT is OVER.
this reason makes more sense than anything else I have read in two days
THE HALT IS A BLE$$ING
IT MAKES IT IMPO$$IBLE FOR THE MENTALLY RETARDED TO SELL CMKX BEFORE NEWS OF ITS $3 VALUATION
AS WELL AS FOR ANY REMAINING SHORTS TO BE COVERED
NOW WE CAN FOCUS ON TRULY IMPORTANT STUFF
LIKE NCAA BASKETBALL MARCH MADNE$$
http://www.ncaasports.com/
PLEASE FIND SOMETHING CONSTRUCTIVE TO DO TILL SAINT PATRICK'S DAY
PERSONALLY, I AM THANKFUL FOR THE OPPORTUNITY TO TAKE A VACATION FROM CMKX
AND BECOME TOTALLY EMMERSED IN NCAA "MARCH MADNESS" BASKETBALL CHAMPIONSHIP TOURNAMENT PLAY
UNDISTRACTED BY "AS CMKX TURNS"
SO,
TURN ON THE TV
WATCH THE GAMES
POP MORE POP CORN
WATCH MORE GAMES
POP STILL MORE POP CORN
LIFE IS GOOD
YOU WILL BE RICH VERY $OON
BULA VINAKA
jawz_2020
George Burns' CMKX web site
the poster @ Canuck's CMKX proboard 31 aka George Burns has a new web site devoted to CMKX !!
http://tinyurl.com/6wwjq
It is called "No Box Trading" "dot" com
http://www.noboxtrading.com/contact.htm
D D Links @ George Burn's web site:
http://www.noboxtrading.com/cmkm/dd.htm
has links to All the info below:
CMKM Due Diligence Links
Saskatchewan mineral claims and laws
Saskatchewan Industry and Resources Mineral Database( At the bottom of this page you can find all the numbered claims and who owns them in Text, Excel, or ASCII Format.)
DWF Viewer program to view the claims map (.exe)
The claims map to use with the DWF viewer (73H is the area containing a majority of CMKM Diamond Claims.
Exploration Geographic Information Systems map of Saskatchewan
The Mineral Disposition Regulations, 1986 (.pdf)
The Rules and the Regs...
www.sec.gov
www.nasd.com
www.dtcc.com
http://www.dtcc.com/ProductsAndServices/settlement/index.htm
SHO with comments HTML version
SHO with comments PDF version
SHO Short version
NSCC rules PDF
Basic trading information.
Following a trade
www.investopedia.com
www.investorwords.com
Regulatory Filings
Knobias... Best free site for SEC Filings
SEDAR filings... filings of the Canadian JVs
Other
Sask Financial Services...for info about CMKM's Saskatchewan Trading Suspension
OTCBB dividends for CMKX... the only accurate info
The only site with semi accurate historical daily volume for CMKX...stockwatch
Also... if you sign up for the 30 day free trial with stockwatch... you will have access to SEDAR search. http://www.stockwatch.com/swnet/newsit/newsit_sedar_search.aspx
It is the only site that has SEDAR search that I have found.
I do not endorse giving stockwatch any money until Lee Webb is fired or forgotten. The site is nice though.
www.smallcapcenter.com (Great for setting up e-mail news alerts for all your favorite companies.
Corporation Information
Saskatchewan Corporation Information...pay site. Doesn't work in Firefox.
Nevada Corporation Information
----------------------------------------------------------------------
home page:
http://www.noboxtrading.com/cmkm/dd.htm
Press Releases and Filings
Saskatchewan
Due Dilligence Resources:
Current Excel File listing all Saskatchewan Mineral Claims (updated about every two weeks)
The Mineral Disposition Regulations, 1986 (PDF)
Exploration Geographic Information Systems' Saskatchewan overview map
Saskatchewan Industry and Resources' Mineral Disposition Maps and Database
Interactive Geological Atlas of Saskatchewan (updated regularly from the Saskatchewan mineral claims database, takes a while to load)
Saskatchewan Assessment Work Catalogue Search
(Red Arrow For CMKM 10% in Zinc Claims with Joint Venture Casavant International Mining)
---------------------------------------------------------------------
OTHER PAGES COMING SOON @ BURNS' SITE:
Ecuador (Soon)
Joint Venture Information (Soon)
Humans (Soon)
____________________________________________________________
Hall Of Fame @ Canuck's CMKX board
http://tinyurl.com/3oj3n
CDLIC's LEARNING CENTER
Fast Track Learning Center by CDLIC @ Canuck's
http://tinyurl.com/5jptq
________________________________________________________________
CMKXers ARE ALSO INVITED TO JOIN JAWZ' YAHOO GROUP
for anti-spamm protection, it is necesary to register for access to archives @ Short Sharks (started Aug 2000 while markets were tanking; now a swing trading group, also posting longer-term value plays. THERE ARE COMPLETE LIBRARIES OF LINKS THERE IN ADDITION TO THE FILES ON CMKX. YOU SHOULD DEFINITELY JOIN TO ACCESS LINKS FOR FREE EDUCATION.)
http://finance.groups.yahoo.com/group/shortsharks/join
- set email to Special Alerts to receive FREE CMKX email updates of jawz' selection of worthy posts.
BEST CMKX-Related POSTS @ Jawz' Short Sharks Swing Trading Group:
http://tinyurl.com/4kbns
CMKX: ....Eyes Wide Shut.... by my69z
http://tinyurl.com/57d2o
I'am going to try (LOL) to connect the dots to "what has Glenn done for us".I think it's a link between Glenn,Urban,Maheu,Sarbanes and the infamous recent letter from Andy to Larry....aka...Lross.
Who by the way.....i've speak with by e-mail and trust his info....just an fyi since he's been attacked lately for the e-mail.
Now...
June 4, 2004 :
" the Law Firm of Edwards & Angell has been retained to represent the Company in its desire to become fully reporting once again ".
( Take note of 'RETAINED" & "FULLY REPORTING" )
6/16/2004 :
" the company has begun working actively with D. Roger Glenn of Edwards & Angell, which it earlier retained, in connection with securities and corporate issues faced by the company. Glenn stated, "We have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal.
( take note of "WE" & "RETAINED" )
7/26/2004 :
" D. Roger Glenn, CMKM's counsel, stated, "I will be traveling to Saskatchewan with the company's management to expand my knowledge of the company and its business in order to facilitate the company becoming fully reporting.
( Take note of this whole excerpt )
9/24/2004 :
" Glenn said, "The company's accountants are working to complete the audit of the company's financial statements. When that has been accomplished, the company will be well on its way to becoming a reporting company again."
( Take note of audit of financials and well on it's way to reporting)
10/19/2004 :
" CEO Urban Casavant and his advisory team accompanied by the company's SEC attorney Roger Glen
"Through the combined efforts of all the parties in this venture we have gathered a new frontier for the well being of our shareholders and company alike. The company will be moving rapidly into a revenue model here in the fourth quarter."
( Take note of...efforts of all the parties/ shareholders and company / revenue model here in the fourth quarter." )
1/31/2005 :
" the co-chairman of the board of directors and will assist Mr. Casavant in the immediate and long-term objectives of the company.
Feb 11, 2005 :
" corporate strategy plan designed to dramatically and comprehensively transform CMKX's internal corporate governance. The aggressive plan is being spearheaded by Robert A. Maheu
" A new team of securities attorneys has been instructed that their prime assignment is to correct any deficiencies of the past "
" Maheu has also instructed management that regular reports to stockholders and the financial community are imperative. "
NOW...consider "fully reporting".When we first heard this mentioned with the hiring of Glenn,we were caught up on the traditinal meaning....get us to a board.
There are now basically 2 parts to "fully reporting".The convintional and now being Sarbanes compliant.
Look over the pr's and you'll see Glenn was never part of the company mgt per say.He went to Canada to "learn" more about CMKM.
He "accompanied" urban and his advisors to the American mine.
He never said we "would" be fully reporting when he was done.
Sarbanes Section 404 mandates a company's auditor to identify 'any material internal control weakness' or 'significant deficiency', in verifying that management has sufficient operational command to produce reliable and compliant financial reports.
'significant deficiency' and "compliant financial reports. "....I think not reporting when you should be is a 'significant deficiency'...Glenn was here for 8+ months and never realized this? lol
On the financials we've been hearing about....Sarbanes mandates the CEO AND the CFO must certify these....as far as we know,we do not have a CFO right now.
On the CMKM statement of needing BOD insurance :
From Sarbanes under The Audit Committee...
The audit committee reforms will carry one unwelcome implication for directors: increased liability to shareholder lawsuits. Outside directors in the past were somewhat insulated from securities suits because they
were not considered responsible for managing the company or for the preparation of financial statements
On the statement from the pr of Feb 11, 2005 :
" comprehensively transform CMKX's internal corporate governance. "....this excerpt below is from a speech by the SEC Commissioner on April 7th,'03 :
I am encouraged by evidence that the market is driving reform. We read that companies are being more selective in choosing directors - and directors are also being more selective in choosing companies. We've heard that some director nominees now hire consultants to review the company and assess the rigor of its governance procedures, the quality of its reporting and its overall risk profile. In the current environment, companies have a strong incentive to adopt rigorous governance procedures because those that fail to do so will be unable to attract top quality directors and will pay a risk premium in terms of both director compensation and possibly officer and director liability insurance.
Also,one of the butt kickers of Sarbanes is the Whistle Blower section.....Mr.Mcdermott from E&A assisted Glenn with his Sarbanes publication.Mr.Mc Dermont has also spoken and has published writings on the Whistle Blower section of Sarbanes.
Remember what Urban said.....
"On behalf of the company and its stockholders, we would like to sincerely thank Roger Glenn and his firm for all of their past efforts,"
Remember what Glenn said in the June 6th,'04 pr...
"We" have been retained by the company....
Glenn is never part of mgt in the pr's...a Sarbanes requirement.If he does associate himself with mgt....then he wouldn't be able to advise SGGM,UCAD or CIM.
Glenn pointed out the problems and now the "MGT" side of CMKM is fixing the findings....ie: new SEC team.The team that fixes the findings for CMKM.
If Glenn was there to JUST fix NSS...why the need to travel with Mgt?That could be fixed from N.Y..
He was doing what he said....getting to know the company.NOT,to take us to another "board"
On Maheu saying....
" Maheu has also instructed management that regular reports to stockholders and the financial community are imperative. "
That statement is in-line with some of the maing goals of Sarbanes.
NOW,remember in Larry's E-mail form Andy....Andy said Glenn had NOT submitted anything to the SEC for CMKM.
To me,this makes since now being it's not his job to get us to another board....like we all expected
Lastly,remember Urban sayed on 10/19/04...
" moving rapidly into a revenue model here in the fourth quarter."
With the filing of the amendment,where does that put our delinquent filigns up to??....4th quarter by chance? LOL
IMO,CMKM is right on track
Gltua!
Chris
Dr Diamond contra BHP
1. Andy Hill is a professional that works for the company and will not release any information of this type, good or bad. He can only talk about the information that has been released and is already public knowledge. I hope shareholders can understand that. He can only speak about information that has already been officially released by the company either through a PR or an official filing. He can't read between the lines of the filing or project based upon a PR or filing, only discuss the actual info that is released.
2. More than likely Andy doesn't know if an R/S is in the picture. This info would not be discussed in his presence. JMHO.
3. Per conversation with Mr. Andy Hill, he did not say or write anything about an R/S one way or the other. The info has been sent to our legal department. We are a reporting company under the SEC and now we are trying to become compliant. The SEC attorneys will be guided by the rules and regs as they know them. Stay with offical Pr's and legal filings. Investors need to stop mucking around with other shareholders emotions. If anyone knows BHP on IHUB tell him to be careful. This type of information being released will not be tolerated.
4. IMHO CMKX knows an R/S at this point would be senseless as it would only benefit the naked short position. If the NSS position is 500 billion and if an R/S of say 5:1 occurred then the NSS position would be reduced to 100 billion. The PPS would be multiplied by 5 moving it from .0002 to .0010 but the MM would immediately drive it back down to .0001 & .0002. An R/S is not in the plan IMHO.
I have to run, just wanted to comment.
These are just my opinions and I ask that you treat them as such.
Thanks.
Success is at hand.
Dr.D
As an additional note.
Andy does not write the PR's for the company. They are written by management and Andy is notified when they are ready to be released. He then gets to deal with us on the info that has been released.
Dr.D
http://tinyurl.com/6nj2y
Willy's Latest: CMKX has the Market Makers boxed
By: WillyWizardClub 16 Feb 2005, 12:10 AM EST
Msg. 157964 of 157985 http://tinyurl.com/4z6an
Club Members,
Many have asked me what I think is going on with CMKX so here's my
take.
I hear people saying CMKX is being boxed at .0001 by .0002 by the
Market Makers. I think CMKX has the Market Makers boxed and if the
MM doesn't keep CMKX at these levels they will have trouble holding
it down. I still believe CMKX has a huge short position and the MMs
know trouble is brewing if they allow CMKX to start up ticking.
I have also been asked about Roger Glenn leaving CMKX. The recent
CMKX press release made everyone feel RG has left CMKX because of
this wording, "A new team of securities attorneys has been
instructed that their prime assignment is to correct any
deficiencies of the past and to cooperate fully with regulatory
bodies both in Canada and the United States to minimize the
possibility of such deficiencies in the future."
If I were Roger Glenn knowing what is about to take place I would
back away, sit on the sidelines ready to assist if needed. Why? One
of his firm's clients is CitiBank and Citi recently purchased NITE's
derivate division. I personally think CitiBank has a huge problem
and if I were Glenn I would not want to be part of a plan that is
about to hurt the newly acquired NITE derivate division that is more
then likely short CMKX. Why not allow a team of first rate
securities attorneys this assignment.
Shareholders are now focusing on Mr. Maheu, an aggressive
individual, who was recently appointed co-chairman of CMKX. In the
latest press release Mr. Maheu said. ""Solving problems has been my
occupation for many years" and then stated, ""Tough assignments are
not solved by wishful thinking, but rather by
tough action."
Mr. Maheu seems like a no BS lets get it done individual. In a
recent report by Lee Webb who runs a trash rag entitled StockWatch,
Lee Webb posted his due diligence on Mr. Maheu. Everyone familiar
with Lee Webb and his writings know he always looks for the trash on
individuals and stocks. Nobody or any stock he mentions is ever
written about in a positive manner, the Maheu article was no
different but does show the connections of Mr. Maheu and his ability
to step into any circle as a get it done fighting individual.
I am looking forward to the announcing of the CMKX new President.
This is only a guess but CMKX is looking for a highly qualified
individual with a geology and mining background. Recently David
Stone stepped down as President of Kensington. David was President
of Kensington since 1997 with a good track record. Could David or
someone with his qualifications be the next President of CMKX? I
think we can expect a press release in the near future announcing
the new President of CMKX or maybe a BOD for CMKX? We will soon see
many names in press releases coming from CMKX. No matter who is
chosen as President the individual will be well known throughout the
mining arena in my opinion.
Urban Casavant has a strong will to see CMKX survive. Urban is
making the right moves with the right timing. In the recent press
release Urban Casavant stated, "Additionally, Casavant said, "We
shall be recruiting a team of experienced advisors, professionals
and management executives. We intend to structure the company for a
move to the Over-the-Counter Bulletin Board or an exchange." Read
this paragraph very carefully because Urban Casavant is telling us
he is choosing 1. "experienced advisors" 2.
experienced "professionals" 3. experienced "management executives".
We have been hearing rumors of high profiled industry advisors
coming on board for many months. Names are only rumors so I'll not
guess but eagerly wait for CMKX to start naming all these high
profiled "experienced advisors professionals and management
executives."…in upcoming press releases. The anticipation of
shareholders I speak to is running very high patiently awaiting the
release of the names of these individuals.
Readers the "Rat Trap" is about to close tighter as the days and
week progress. The cheese was the AS raised to 800 Billion shares a
few months ago. The rats have entered the trap and the doors are
closed and they are boxed in at .0001 by .0002 and are about to have
the heavy weight Mr. Maheu turn the screws down on them and grind
them into panic. As the screws tighten down all the Lee Webbs with
their trash rags will do their best to make it look like CMKX/Maheu
is the bad guy and the poor MMs/Hedge Funds/DTCC/NASD/SEC are the
good guys. If I were the Lee Webbs of the trash rag world I would be
very careful trying to discredit a man like Mr. Maheu.
The rats will do every low down trick possible to ward off the trap
being sprung. Even today a poster at Raging Bull wrote "UC In
Hospital Stroke". Urban's reaction to that was, "ha ha never felt
better". The rats have their paid bashers doing their best to
distract shareholders from buying CMKX stock. If they just keep
buyers out of the market they are doing their jobs. It's not just
about creating panic in shareholders trying to cause them to sell
but to plant doubt keeping them from buying.
That rat bashers also used this part of the recent CMKX press
release to create panic relating this quote to a reverse
split, ""Today, CMKX is embarking on an aggressive, strategic plan
that is intended to transform the entire corporation into a tightly
focused mining and development company," said Urban Casavant. I
don't read one word about a reverse split in Urban's language in
that quote. I have to ask why would CMKX do a reverse split? At this
time all they would do is feed the short sellers and fall right into
the shorts hands. How do you reverse naked short shares? Now if CMKX
stock was trading .10 or higher then they do a reverse to go onto a
larger exchange it might make sense. To reverse after the shorts
cover would be good for all shareholders if CMKX were to file for
the New York Exchange or another large recognized exchange. CMKX
shareholders would already have made a huge increase on their
original investment and now with an excellent chance for much higher
increase in share price.
Club Members I enjoyed writing and doing a little speculating today.
It's been awhile since I have had this much fun writing. I had fun
writing about the trash rags with all their authors of wisdom. I
enjoyed putting Mr. Maheu up against the Lee Webb's trash rag Stock
Watch. I wonder if Mr. Maheu enjoyed reading Lee's last write up?
ROFL
Remember everyone we are the miners of the 21st Century. Don't you
ever forget about the miners of the past and the hardships they
endured looking for the precious minerals in the mother earth. Today
we explore with modern technology, we don't travel by horse to find
these gold fines. We explore by satellite, airplane and all other
modern methods available.
Bottom line everyone hold firm and stay the course. I am very sure
our rewards are coming. Yes I have a good feeling.
Food for thought OS? CIM? GEMM? USCA?
New maps updated in my CMKX Profile
http://willywizard.com/Profile-CMKX.htm
Thank you,
Hal Engel aka WillyWizard
Advertisement for Web Site Design: My Computer Guy
http://www.mycomputerguys.ca/
I have chosen the Computer Guys to build the new WillyWizard.com Web
Site. The site will be up in a couple weeks and you will see the
quality of their work.
Our friend Melvin O'Neil now works for
http://www.mycomputerguys.ca/
Check out their company...they do all type of Web Design
http://ragingbull.lycos.com/mboard/boards.cgi?
board=CLB01219&read=157964
CMKX I.R. Rep Andy Hill's Call with PennyWrangler
Posted: Tue Feb 15, 2005 10:36 pm http://tinyurl.com/4wz7w
Ok folks, I had a nice chat with Andy this afternoon. He comes
across as being optimistic and upbeat.
He can't confirm any change in Roger's status, but he believes that
this will be made clear in a PR "soon".
I asked about the UCAD/CMKX relationship, especially as it relates
to current rumors regarding problems with the relationship. As far
as he knows all is well.
He tells me that Maheu is a sharp as a tack. He takes a direct
approach and he doesn't put up with much. Apparently some reporter
in Nevada wrote a negative article about CMKX and Maheu, and Maheu
had some words for him. Apparently this reporter is someone who
knew Maheu and had no reason to write a basher article unless he was
working for the enemy. This basher article was written for some
Nevada rag with about a 2 million reader audience.
Andy continues to reiterate that the company is moving forward, but
that people should stop trying to put dates on things like filings
and such. These things will happen when they happen.
We talked a little about the pps. Andy says that you really can't
expect the pps to go up in response to the latest round of PRs
because they don't tell you anything about valuation or structure.
Also he believes that naked shorting is still going on. He also
doesn't expect the filing to raise the pps significantly either.
CMKX is still a development stage company, so it's not making money
selling product yet.
This is a mixture of my words/thoughts and Andy's. Folks, I think
we're going to make plenty of money off CMKX, but I have no idea
when. Neither does Andy.
Ok, I gotta run… 2-year old is calling, LOL!
---------------------------------------------------------------------
reply by tomvlasic:
I sent Andy an email last week and today he replied to me. Noted
below is a copy of the email:
Date: Tue, 15 Feb 2005 06:53:08 -0800 (PST)
From: "Andrew Hill" <cmkxir@yahoo.com> Add to Address Book
Subject: Re: 2nd Request. Please respond
To: "Tom Vlasic" <tomvlasic@yahoo.com>
Hi Tom...
Ignore this garbage about CMKX. I can assure you Mr. Mahue is not a
man to be fooled with.
My email address will be corrected for the next PR...no idea when
that will be.
Stay the course and best regards to you.
Andy Hill
---------------------------------------------
Tom Vlasic <tomvlasic@yahoo.com> wrote:
Andrew:
Please respond.
Thanks
Tom Vlasic
--- Tom Vlasic wrote:
Date: Sun, 13 Feb 2005 13:46:40 -0800 (PST)
From: Tom Vlasic
Subject: Hello-Please respond
To: cmkxir@mail.casavantmining.com,
tomvlasic@yahoo.com
Mr. Hill,
First of all, I would like to bring to your attention that the
email you have listed on your recent PR is incorrect. Not sure if
your aware of this, but if
you can please take a look at it and correct I would appreciate it.
The email listed is: cmkxir@casavantmining.com.
I've had the pleasure of speaking with you 2 times and I must admit
I find you to be an honorable man. Recently, I've come across this
on the internet which has made me nervous about my investment with
CMKX.
Please see the link below:
http://www.our-street.com/scammy/2004.htm
Mr. Hill, can you please address this since your the company IR? I
understand your limited in the amount of information you can
provide, but is CMKX considered a scam? If not, how is the company
going to address
this? Also, Mr. Maheu indicated in his recent PR that tough actions
are needed. Does this mean CMKX will have a reverse split?
I understand you rather speak to someone than email, but my time
schedule will be limited this week and I won't be able to call you.
I'll await your reply.
Thanks
Tom Vlasic
Shareholder of 18,250,000 shares
____________________________________________________________________
by Balzafyre:
First off, thanks PW...but I have to query that pps not raising
significantly as no product, blah, blah...My reasoning is that there
are a couple of stages, one being speculative where you can make
money, and other in actual producing stage.
Now if filing is bad, then no, no movement, however, if filing is
good, then there will be many speculating future profits based on
filings & such.
-------------------------------------------
PW answers:
Balz, I got the impression that Andy expects the contents of the
filing to be disappointing. NOT because it is bad, but because of
all the hype and crazy theories that so many believe are fact, even
though they never came from the company. It is unlikely that the
reality will be anywhere near as wonderful as the hype.
This leads me to believe that the o/s is high, as I have suspected
ever since we got our first dividend ratio last August. I am still
expecting an o/s of 700B. If the filing comes out and states an o/s
greater than 500B, there will be much gnashing of teeth and "I told
you so" coming from bashers. Be ready for it.
I also do not believe the filing will put a high valuation on CMKX's
claims. I expect the stated valuation will be quite low, because
they do not have the evidence to back up a high valuation claim.
Sure, there's plenty of circumstantial evidence that we have "the
goods", but in order to make an SEC approved statement about
valuation, you must have direct evidence. Maybe CMKX has direct
evidence (analyzed core samples) from the Oreo, maybe they don't.
These are not the kinds of revelations that lead to a speculative
jump in pps. This information will cause many to sell.
Now... I have purposly painted a bleak picture of this filing
because this might be what we are in for and people need to be
thinking about how they want to handle it. EXPECT a high o/s.
EXPECT a low valuation. EXPECT surprises, some good, some bad. And
if it turns out to be better than this, GREAT!
Now, all that said, sure Balzy, you're absolutely right. A filing
that exceeds expectations will cause speculative buying, while a
filing that falls short of expectations will cause selling.
Unfortunately most people have their expectations set
unrealistically high.
Also, Andy believes the shorts are still in control of the pps, so
even a good filing might not result in much movement.
___________________________________________________________________
by Siggy:
I hate to say, but all this sounds like backtracking to me. Kinda
CYA positioning. My view is we may have gotten rid of a highly
respected Wall Street Law Firm in R. Glenn and we replace him with
some questionable Las Vegas wheeler dealers with questionable
backgrounds and contacts. Maybe it's what's needed to make this
thing work, but money is being made among principles, but not
shareholders.
The economy will go into the tank sometime this year or early next
year. If we're gona make money, it better be soon so we can position
it to protect it.
Your friendly devils advocate......
Siggy
--------------------------------------------------------------------
by TheSheik:
Good points PW. I think you may be right. Expectations have really
been pushed to the limit of all possibilities.
As far as the valuation goes, no matter what's been done with
production and or sampling and or proving up the actual market value
of the mineral properties, the properties will be recorded on the
financials at cost there will be a comment in the notes regarding
that is how the properties have been recorded and that actual fair
market value exceeds that amount. Thats it. Direct evidence or
not, there won't be a market value detailed or attached to the
mineral properties.
I'm really waiting to see what the outstanding is. That number will
be detailed. Who owns what and how much will be listed which should
give us an idea of the float in the public's hands vs the insiders.
PW is right. Don't set your expectations too high.
We've already done that more than once
dividend ratios announcements
every race weekend
Party announcement
SHO effective date
In the immortal words of Redd Foxx
"Marry an ugly women, that way when she leaves you, you'll be glad"
"A CMKX GEOGRAPHY of GEOLOGY"
@ Dave's: http://tinyurl.com/4ovbn
@ Canuck's: http://tinyurl.com/6zwcp
FYI: This is
"the truth, (some of) the whole truth, and nothing but the truth,"
from Press Releases by CMKX, Shore Gold, & Kensington, as summarized @ the Sask Centinniel Celebration, AND as VERIFIED IN PUBLISHED REPEORTS OF THE SASK CANADIAN GOVERNMENT.
"the WHOLE truth" will be known when CMKX PRs drill results from the HUGE MUSHROOM OREO, as Shore & Kensington have been respectively doing FOR OVER A YEAR NOW.
This post explains the significance and HUGE potential of the CMKX Drill SIte since 5 Aug 2005 at site called, "The Oreo," or "The Mushroom Oreo" which BTW is rumored to be as huge as 8 x 5 miles BIG !!!
jawz2020 demonstrates the significance of Urban Casavant's description in the CMKX PR of 5 Aug 2004,
[size=3]
{"because of its location on the same northwest trend of Kimberlites in the Fort a La Corne area of Saskatchewan"}[/size]
'CIM' may be a Failsafe Back-Up Plan
@ http://tinyurl.com/5h7f9
[quote author=georgeburns link=board=general&num=1107543450&start=7#0 date=1107546690]
I personally think CMKM has to file before the end of February. Others think we have to file before the end of April. This is because of different interpretations of SEC Act Section 12(g). It says that if a company has over a million and assets and over 500 registered shareholders that they must file within 120 days of the end of the year in which they met those guidelines. I think CMKM met those guidelines in 2004. The rule also says that the SEC has 60 days to approve the filing and that it is not considered "filed" until it is approved. So... 120-60 = End of February.[/quote]
Given the FACT that the SEC REMOVED 250 pink sheet companies from the SHO list precisely to AVOID triggering the protocol for "Threshold Securities"
I am holding my breath neither for the SEC SHO list nor for ANY type of SEC enforcement to help CMKX.
Any such expectation is imho DOOMED for purely POITICAL reasons at this time imho.
I think Roger may go to "PLAN 'CIM' "
"Plan 'CIM'" would involve a Filing - but NOT for CMKX.
Instead, it would be for what we have called 'CIM'
____________________________________________
'CIM' may be a Failsafe Back-Up Plan
http://tinyurl.com/3jfyf
'CIM' may be a Failsafe CMKX Back-Up Plan
http://tinyurl.com/5pmhg
"There is more than ONE WAY to SKIN a Cat"
I think that the BEST way to understand what is going on is to step
back and look at the BIG picture - of EVERYTHING, COMPREHENSIVELY.
CONSIDER THE 500 BILLION "CIM" A/S THIS WAY:
SUPPOSE it turns out that the "Dividend Policy" did not work in
repairing the share structure - heavily damaged by all the
counterfeit shares in the market due to the humongous short
position - which REQUIRES A CMKX FILING in order for CMKX to appear
on the SEC SHO Threshold Security List - IF the SEC would ever ALLOW
CMKX to appear on the list at all - even if it was SUPPOSED to be on
the list because it had files and met all the other criteria to
appear on the SHO list (which is another, seperate question &
subject altogether concerning "stockgate," not "CIM").
SUPPOSE that "the powers that be" have determined that the
consequences of publicly exposing the total corruption
of "Stockgate" concerning the SEC / DTCC / "Cede & Co" colluding to
committ FRAUD via the MASS STOCK COUNTERFEITING via the DTCC "Stock
Borrow Progam" - at a time when the President of the United States
is attempting to sell the Public on PRIVATIZING Socialist Insecurity
by INVESTING IN THE STOCK MARKET - would be TOO DIRE TO CONTEMPLATE
AT THIS STRATEGIC TIME IN THE PRESIDENT'S GAME PLAN.
http://tinyurl.com/5ympw
SUPPOSE that, in light of the ANYTHING above, Urban & Roger have
determined that since the SEC may resfuse to expose the DTCC to
vulnerability that it would also refuse to put CMKX on the SHO
Threshold list - as it has done with HUNDREDS of OTHER Pink Sheet
companies that SHOULD be on that List - indeed that ALREADY WERE on
that List way back in Dec 2004 when it was shown to Bear Sterns.
---------------------------------------------------------------------
--
VIZ: {"The Bear Stearns list is documented. Many who were eligible
on December 13, 2004 but have since missed the official list have
seen the steady declines in the stock values one would expect based
on prior abuse activities. Short sellers and market abusers have
been given a reprieve from mandatory closeouts and can fully short
without delivery as they have always done previously. With the
SEC's "grandfather clause" in Reg. SHO the SEC will only further
protect these potentially abusive trades from the closeout
provisions intended to stop the abuse simply because the closeout
provision only applies to fails that take place "once on the list".
How responsible is the NASD in this activity?
To date the NASD has refused comment on the publication of the list
citing its accuracy as best they know it. Most investors and media
calling the NASD about the logical inaccuracies in the list are put
into a daisy chain of forwarded calls ultimately giving up before
their questions get answered. One person I was able to speak to in
the NASD's Market Operations department agreed that something looked
odd but would not comment any further. Another spokesman from Market
Operations stated that it was the SEC that had requested removal of
the 250+ companies on January 14th claiming the NASD was improperly
following eligibility requirements in their calculations. No
official notice was being formulated.
In calls to the SEC, spokesman John Heine would only say that the
SEC does not publish the list and to direct all calls pertaining to
NASDAQ lists to the NASD. While Mr. Heine is correct the SEC does
not publish the list, they are responsible for enforcement of SEC
Rule 10b-5 and Regulation SHO disclosure provisions. Even if the
violators in this case are the Self Regulatory Operations like the
NASD or the NSCC.
This issue will not be going away any time soon no matter how hard
those in Washington try to bury it. The continued allowances for
Wall Street to become a printing press of counterfeit shares will
soon destroy our economy if we never address it properly. "}
{{see:
Are Regulators Liable for their Securities Violations?
http://www.investigatethesec.com/DP250105.htm }}
---------------------------------------------------------------------
--
SUPPOSE that if it MIGHT be TRUE that since CMKX is evidently to be
denied appearing on the SHO List, THAT THERE IS THEN NO POINT IN
CMKX FILING as a particular Individual company.
SUPPOSE that the extended Long delay since the good news we were
previously to have received at the USCA Halloween Parety in Las
Vegas was due to the need for time to determine 1) the effectness of
SHO and (2) whether CMKX would EVER be allowed to be listed on -
even if the list DID turn out to be effective.
SUPPOSE that it has taken so much more time than anaybody thought
because Roger & Urban have SHIFTED GEARS in order to imp[lement a
DIFFERENT SOLUTION - a plan using "CIM" and a ONE FOR ONE SHARE
SWAP.
"CIM" MAY be Urban & Roger's PLAN "B" OR "C"
IF Urban & Roger determine that the easiest way to circumvent the
huge short on CMKX as well as the most equitable thing for all
shareholders, is to "Roll" EITHER CMKX STOCK ITSELF OR THE MINERAL
RIGHTS CLAIMS CURRENTLY HELD BY CMKX into "CIM" -
AND If Urban is to honor all his previous assurnaces that "THERE
WILL BE NO REVERSE SPLIT" -
I WOULD FEEL VERY GOOD ABOUT RECEIVING, for every one share of my
CMKX, ONE SHARE OF "CIM" (whatever the actual ticker turns out to
be, since "CIM" is already the ticker for another company).
In fact, I would feel EC$TATIC if it turns out that "CIM" is to
be "IPOed" on a higher exchange beyond the easy manipulation of the
MMs - say, AMEX - in conjuction with OTRHER "ROLL-UPs" or "PIPE"
transactions in which the other JVPs and perhaps other compaanies as
well get MERGED IN WITH CMKX to form the Big Mining Consortium most
shareholders have anticipated was in the making after one look at
subpennyman's FLOW CHART of the emerging mining consortium (UPDATED
31 JAN 2004, btw)
http://tinyurl.com/7x6lj
http://1millionaire.proboards31.com/index.cgi?board=CMKXLINKS
________________________________________________________________
comments @ Canuck's: http://tinyurl.com/3o9tk
"BULA VINAKA"
Ble$$ing$,
jawz_2020
Visit CMKX 'A WORLD OF INFORMATION' by jawz2020
Jawz_2020 is now the administrator @
http://1millionaire.proboards31.com/index.cgi
of a permenant "File Cabinet" at Dave's 1 Million Millionaires' Board (aka, "Davey Jones' Locker") labeled:
JAWZ2020 CMKX "A WORLD OF INFORMATION" @
http://1millionaire.proboards31.com/index.cgi?board=CMKXLINKS
http://tinyurl.com/4on8q
I am in the process of transferring much of the Link Library from the CMKX DD Folder @ Shortsharks:
CMKX.PK (OTC BB Pink Sheets) CMKM DIAMONDS INC COM - includes
CAD.on+GEMM.pk+ECPN.ob+SGGM.pk+J V Partners
http://tinyurl.com/3dn4g
Update of BEST POSTS Folder at ShortSharks:
http://tinyurl.com/4kbns
http://profiles.yahoo.com/jawz_2020
http://finance.groups.yahoo.com/group/shortsharks/join
- set email to Special Alerts;
CMKX D D @ SS: http://tinyurl.com/3dn4g
Ble$$ing$,
jawz_2020
WHO OWNS YOUR STOCK$? NOT YOU !!!
Surprise!! Surprise!! Your Stocks are ACTUALLY Owned by Cede, Inc -
wholly owned by the DTCC !!
Legally and Technically, All Stocks Are Owned by the DTCC - which in
turn owned by the same Private Banks that Operate the Federal
Reserve Banking System
http://tinyurl.com/4a29x
Ming the Mechanic
The NewsLog of Flemming Funch
"The unknown 20 trillion dollar company"
2003-10-30 17:37
13 comments
by Flemming Funch
There is a busy little private company you probably never have heard
about, but which you should. Its name is the Depository Trust &
Clearing Corporation. See their website. Looks pretty boring. Some
kind of financial service thing, with a positive slogan and out
there to make a little business. You can even get a job there. Now,
go and take a look at their annual report. Starts with a nice litte
Flash presentation and has a nice message from the CEO. And take a
look at the numbers. It turns out that this company holds 23
trillion dollars in assets, and had 917 trillion dollars worth of
transactions in 2002. That's trillions, as in thousands of thousands
of millions. 23,000,000,000,000 dollars in assets.
As it so turns out, it is not because DTCC has a nice website and
says good things about saving their customers money that they are
trusted with that kind of resources. Rather it is because they seem
to have a monopoly on what they do. In brief, they process the vast
majority of all stock transactions in the United States as well as
for many other countries. And - and that's the real interesting
part - 99% of all stocks in the U.S. appear to be legally owned by
them.
In the old days, when you owned stocks you would have the stock
certificates lying in your safe. And if you needed to trade them,
you needed to get them shipped off to a broker. Nowadays that would
be considered very cumbersome, and it would be impractical to invest
via computer or over the phone. So the shortcut was invented that
the broker would hold your stocks instead of you. And in order for
him to legally be able to trade them for you, the stocks were placed
under their "street name". I.e. they're in the name of the
brokerage, but they're just holding them in trust and trading them
for you. And you're in reality the beneficiary rather than the
owner. Which is all fine and dandy if everything goes right. Now, it
appears the rules were then changed so the brokers are not allowed
any longer to put the stocks in their own name. Instead, what they
typically do is to put the stocks into the name of "Cede and
Company" or "Cede & Co" or some such variation. And the broker might
tell you that it is just a fictitious name, and will explain why it
is really more practical to do that than to put it in your name.
The problem with that is that it appears that Cede isn't just some
dummy name, but an actual corporation that DTCC controls. And, well,
if you ask anybody about this, who actually knows about it, they
will naturally tell you that it is all a formality. To serve you
better, of course. And, well, maybe it is. DTCC seems like a nice
and friendly company. It is a private company, owned by the same
people (major U.S. banks) who own the Federal Reserve Bank. And if
they all stick to their job, and just keep the money and your stocks
flowing smoothly, I'm sure that is all well and good. But if
somebody at some point should decide otherwise, and there's a
national U.S. emergency and/or the U.S. government becomes unable to
pay its debts, well, they might just not give you your stocks back.
Because legally they own them. Something to think about.
An fascinating article about this whole thing is here. I will
include it at the bottom too, in case it should disappear. Not that
I can vouch for or agree with everything the guy is saying, and some
of it is a little whacko, but obviously he's been researching this
quite a bit. You'll find very little about it on the net otherwise.
---------------------------------------------------------------------
-----------
The Unknown $19 Trillion Depository Trust Company
by Anthony Wayne
Part I of II
This exclusive report is a compilation of interviews and background
research from October 1995 through April 1999.
The Depository Trust Company (DTC) is the best kept secret in
America. Headquartered at 55 Water Street in New York City, the
average American has no clue that this financial institution is the
most powerful banking corporation in the world. The general public
has no knowledge of what the DTC is or what they do. How can a
private banking trust company hold assets of over $19 trillion and
be unknown? In a recent press release dated April 19, 1999, the
Depository Trust Company stated:
The Depository Trust Company (DTC) is the world's largest securities
depository, holding nearly $19 trillion in assets for its
Participants and their customers.... Last year, DTC processed over
164 million book-entry deliveries valued at more than $77 trillion.
In dealing with the trust department of Midlantic Bank, N.A. in New
Jersey [now PNC Bank, N.A.], this writer was authorized, as trustee
and power of attorney, to transfer original trust assets comprising
of common stocks and bonds to a new trust set up in another
jurisdiction. An Assistant Vice President from the Trust & Financial
Management Office of Midlantic Bank said to me "it will take at
least 6 weeks to do this as the majority of the stocks and bonds are
not held in the name of the trust". This same Midlantic Bank
Assistant V.P. also stated in a letter dated November 17, 1995, "Of
the 11 municipal bonds, 8 are held in book entry only. This means
they cannot be physically re-registered with a certificate sent to
the new trustees." (* these are not the actual figures quoted in the
letter in order to protect the privacy of the account holder, at
their request. Also, we were asked not to name the Midlantic
Assistant V.P. in order to protect her privacy Rights. We respect
these requests with full moral compliance). In disbelief, I brought
this matter to the attention of our research assistants at the
Christian Common Law Institute [formerly the North Bridge News] and
we began our lengthy investigation into the matter. After 3 years,
the can of worms we've opened up should frighten every American.
With the advent of reported Y2K computer glitches and the possible
collapse of our 'paper asset' economy, every person who has a stock
or bond in their portfolio had better read this report and act on
the information we are disclosing here.
In November 1995, after encountering numerous "no comments" and a
myriad of "that's not my department" excuses via telephone, I
eventually spoke with Mr. Jim McNeff who told me his position was
Director of Training for the DTC. He said he'd been employed there
for 19 years and was "very proud" of his employer. During my initial
telephone interview, either Jim's employer or some other unknown
person or persons were illegally listening or taping our telephone
conversation according to the electronic eavesdropping equipment we
have installed on our end. Why did anyone feel it was necessary to
illegally record our conversation without advising us? Was some
federal alphabet agency monitoring DTC calls to safeguard National
Security? That in itself is suspicious enough to warrant a big red
warning flag.
Jim informed me back then (1995) that "the DTC is the largest
limited trust company in the world with assets of $ 9.1 trillion".
In July 1998, I spoke with Ms. Rose Barnabic of the DTC Finance
Department who said that "DTC assets are currently estimated at
around $11 trillion". As of April 19, 1999, the DTC itself has
stated that their assets total "nearly $19 trillion" (see above).
Mr. McNeff had also stated "the DTC is a brokerage clearing firm and
transfer center. We're a private bank for securities. We handle the
book entry transactions for all banks and brokers. Every bank and
brokerage firm must secure their membership with us in case they
become insolvent, so your assets are secure with DTC". Yes, you read
that correctly. The DTC is a private bank that processes every stock
and bond (paper securities) for all U.S. banks and brokerage houses.
The big question is this; Just who gave this private bank and trust
company such a broad range of financial power and clout?
The reason the public doesn't know about DTC is that they're a
privately owned depository bank for institutional and brokerage
firms only. They process all of their book entry settlement
transactions. Jim McNeff said "There's no need for the public to
know about us... it's required by the Federal Reserve that DTC
handle all transactions". The Federal Reserve Corporation, a/k/a The
Federal Reserve System, is also a private company and is not an
agency or department of our federal government, according to the
1998 Federal Registry. The Federal Reserve Board of Governors is
listed, but they are not the owners. The Federal Reserve Board,
headed by Mr. Alan Greenspan, is nothing more than a liaison
advisory panel between the owners and the Federal Government. The
FED, as they are more commonly called, mandates that the DTC process
every securities transaction in the US. It's no wonder that the DTC
(including the Participants Trust Company, now the Mortgage-Backed
Securities Division of the DTC) is owned by the same stockholders as
the Federal Reserve System. In other words, the Depository Trust
Company is really just a 'front' or a division of the Federal
Reserve System.
"DTC is 35.1% owned by the New York Stock Exchange on behalf of the
Exchange's members. It is operated by a separate management and has
an independent board of directors. It is a limited purpose trust
company and is a unit of the Federal Reserve." -New York Stock
Exchange, Inc.
Now, let's see how this effects the average working American family.
If you're not aware how the system works, you should visit or call a
stock broker or bank and instruct them you want to purchase some
shares of common stock or a small municipal bond, for example. They
will set up a brokerage account for you and act as your agent with
full durable power of attorney (which you must legally sign over to
them) to conduct business on your behalf, upon your buy or sell
instructions. The broker will place your stock or bond purchase into
their safekeeping under a "street name". According to Mr. McNeff of
the DTC, no bank or broker can place any stock or bond into their
firm's own name due to Federal Trade Commission (FTC) and Security
and Exchange Commission (SEC) regulations.
The broker or bank must then send the transaction to the DTC for
ledger posting or book entry settlement under mandate by the Federal
Reserve System. Remember, since your bank or broker can't use their
name on the certificate, they use a fictitious street name. "Since
the DTC is a banking trust company, we can't hold the certificates
in our name, so the DTC transfers the certificates to our own
private holding company or nominee name." states Mr. McNeff. The
DTC's private holding company or street name, as shown on
certificates we have personally examined from numerous certificate
holders, is shown as either "CEDE and Company", "Cede Company"
or "Cede & Co". We have searched every source known to learn who
CEDE really is, but have been unable to get any background
information on them. Is Cede Company fictitious or is their identity
perhaps a larger secret than DTC? We must presume that the
information Mr. McNeff gave us was correct when he confirmed that
Cede Company was a controlled private holding company of the DTC. We
have now found the following proof that CEDE is real from the Bear
Stearns internet site:
NEW YORK, New York - March 16, 1999 - Bear Stearns Finance LLC today
announced that it will redeem all of the 6,000,000 outstanding 8.00%
Exchangeable Preferred Income Cumulative Shares, Series A ("EPICS")
of Bear Stearns Finance LLC, liquidation preference of $25.00 per
Series A Share, CUSIP number G09198105. All of the Series A Shares
are held by Cede & Co., as nominee of The Depository Trust Company,
and the payment of the redemption price will be made to Cede & Co.
by ChaseMellon Shareholder Services, LLC, as paying agent, whose
address is: 85 Challenger Road, Ridgefield Park, New Jersey 07660.
The banks and brokers are merely custodians for their clients. By
federal law (SEC), they cannot hold any assets in the customer's
name. The assets must be held in the name of DTC's holding company,
CEDE & Co. That's how DTC has more than $19 trillion dollars of
assets in trust... or is it really in "trust" if the private Federal
Reserve System is technically holding it in their "unknown" entity's
name? Obviously, if stock and bond certificates you've purchased
aren't in your name, then the "holder" (the Federal Reserve System)
could theoretically refuse to surrender them back to you under
a "national emergency" according to the Trading with the Enemy Act
(as amended). Is this the collateral being held by the private
Federal Reserve System to pay off the national debt owed to them by
our federal government, first initiated by Lincoln's debt bonds of
1864?
According to Mr. McNeff, the DTC was a former member of the New York
Stock Exchange (NYSE), and "Our sister company is the National
Securities Clearing Corporation... the NSCC" (they have since
merged). He was correct since we now know that the NYSE holds 35.1%
of the "ownership" of the DTC on behalf of their NYSE members.
Simply put, the Depository Trust Company absolutely controls every
paper asset transaction in the United States as well as the majority
of overseas transactions, and they now physically hold (as of April
1999) 99% of all stock and bond book-entrys in their street name,
not the actual owner's names. If you have stock or bond certificates
in your name buried in your back yard or under your mattress, we
suggest you keep them there. If not, it might be very wise to cancel
your brokerage account and power of attorney status, re-register the
stocks and bonds in your name (if you still can), and keep them
hidden where only you know their location. Otherwise, you have
absolutely no control over them (see Part II of our exclusive
research report on the DTC for more information on beneficial
ownership status). However, getting a stock or bond certificate
these days is not so easy if possible at all:
"For the most part, issuers know little about the role of the
Depository Trust Company (DTC). The DTC was created in 1973 as a
user-owned cooperative for post-trade settlement. Our members are
banks and broker/dealers, whom we refer to as participants. We
handle listed and unlisted equities, including 51,000 equity issues
and 170,000 corporate debt issues, equating to more than 78% of
shares outstanding on the New York Stock Exchange (NYSE). We also
have more than 95% of all municipals on deposit.
In the 1980s, the "Group of 30" [business leaders] recommended that
stock certificates be eliminated, because physical certificates
create risk. The Securities Exchange Commission (SEC) issued a
concept release in 1994 to gradually decrease certificates,
providing optional direct registration on the books of the issuer
instead of a certificate.... this enhances the portability of shares
between transfer agents and brokerage accounts. With the direct
registration system, brokers transmit instructions to purchase
through DTC, which the issuer or transfer agent then registers, so
shares can be delivered electronically." -John D. Faith, Manager,
Corporate Trust Services, The Depository Trust Company (1996)
Now we're about to reveal to you the most shocking discovery we came
across during our research into this matter. Most of us remember a
few years back the purported computerized selling of stocks that
resulted in Wall Street's "Black Monday":
Dow Dives 508.32 Points in Panic on Wall Street
"The largest stock-market drop in Wall Street history occurred
on "Black Monday" -- October 19, 1987 -- when the Dow Jones
Industrial Average plunged 508.32 points, losing 22.6% of its total
value. That fall far surpassed the one-day loss of 12.9% that began
the great stock market crash of 1929 and foreshadowed the Great
Depression. The Dow's 1987 fall also triggered panic selling and
similar drops in stock markets worldwide" -Source: Facts on File
World News CD ROM
The stock exchanges had dramatic record losses, and a record volume
of shares were traded on that infamous Monday in October 1987. We
all asked ourselves how computers could have done this by themselves
without someone knowing about it. After all, someone has to program
a computer to tell it what to do, what not to do, or even when to do
or not do it.
During my telephone conversation, Mr. McNeff was trying to assure me
that they [the DTC] have "never lost a certificate or made a mistake
in a book ledger transaction". In attempting to give me an example
of how trustworthy the DTC is when I asked him how he could back up
such a statement, he replied "DTC's first controlled test was 4 or 5
years ago. Do you remember Black Monday? There were 535 million
transactions on Monday, and 400 million transactions on Tuesday". He
was very proud to inform me that "DTC cleared every transaction
without a single glitch!". Read these quotes again: He stated that
Black Monday was a controlled test. Black Monday was a deliberately
manipulated disaster for many Americans at the whim of a controlled
test by the DTC.
What was the purpose of this test? Common sense tells you that you
test something before you intend to use it. It's quite obvious that
the stock markets are going to 'crash and burn' at some future date
and for some 'unknown' reason since the controlled test was so
successful. Was this just one of the planned tests for a Y2K
internationally planned worldwide economic meltdown? The Great
Depression is about to be repeated, and it will be as deliberate and
manipulated as the first one that began with the stock market crash
of 1929. We are, without a doubt, on the brink of the Mother of all
economic Depressions. As of May 3, 1999, the Dow Jones Industrial
Average (DJIA) went above a record 11,000 points. Just prior to the
1929 stock market crash, Wall Street was posting record prices,
record earnings, and record profits.... just like the scenario we
are experiencing today. Will Y2K be a manipulated and deliberate a
financial meltdown? Too many facts already support this probability.
On June 7, 1995, the federal government issued a new regulation
requiring stock and bond certificate transfers to be cleared in
three days instead of the previous five day time period. It
coincided with the infamous Regulation CC that purportedly gave us
faster three day availability of funds from deposited checks. This
means that brokers and banks must get your stock or bond transaction
into the street name (Cede & Co.) of the DTC within 3 working days.
That's hard to do considering banks claim it takes 3 or more days to
clear a check that you've submitted to pay for a stock purchase.
But, there's a reason for this new regulation and it coincides with
the introduction of the new FRS "dollars".
On February 22, 1996, "the DTC will flip the switch" according to
Mr. McNeff. "What switch?", I asked. "This is the day that clearing
house funds will no longer be accepted for stock or bond
transactions" was my reply from Jim. "Instead, only Fed Funds will
be accepted". Fed Funds, or a Fedwire, are electronic computer
ledger debit transfers between Federal Reserve System member banks.
No checks or drafts have been allowed from that day, just as Mr.
McNeff accurately stated. This is more commonly called a 'cashless
transaction'. I call it the reality of the mark of the beast. This
is the manifestation of the new international god, the New World
Order [I prefer the term 'New World DISorder' as a more accurate
description].
Consider this my fellow Christian Americans: All pension funds and
other institutional 'managed funds' are comprised of paper asset
investments such as stocks, bonds, and mutual funds. These
certificates are technically in the name of DTC's private holding
company, CEDE and Company. The DTC is owned by the private Federal
Reserve System owners (Click for a complete list of names). Congress
has attempted, on no less than two occasions since 1995, to pass
legislation allowing pension funds to be used by the government as
purported 'loans'. All the Federal Reserve System has to do is hand
it over. But, what happens to the people counting on those pension
fund investments in order to feed themselves in their retirement?
Too bad for them.... they're out of luck because for the 'good of
the nation', they may be forced to share or relinquish their
lifetime of hard-earned wealth. This can be done without the consent
of Congress under an Executive Order based on the War and Emergency
Powers Act and a state of National Emergency, just like we are
already under (See further Executive Orders). Since the Federal
Reserve System already holds our stocks and bonds in their
fictitious DTC "street name", CEDE, then perhaps they'll cash them
in for the federal government's failure to repay the loans that have
become way overdue. Heck, some of Lincoln's gold backed bonds from
1864 have not been repaid yet.... and for a reason.
On March 6, 1933, all bullion gold and gold coins were forcibly
taken from the hands of private citizens (see New York Times). Under
the War Powers Act, President Roosevelt declared a national
emergency touted as a "Banking Holiday". It was declared due to the
deliberately calculated stock market crash that preceded the Great
Depression. Where did this gold end up? Into the hands of the
Federal Reserve System owners. The majority is stored in the
impervious rock vaults they own beneath New York City. Is it any
surprise that the DTC physically holds all the remaining non-book
entry issued stock and bond certificates in the same place?
Technically, our entire nation is still under the Executive Order
declaration of the War Powers Act and in a continual state of
national emergency (See Clinton's 1994 Executive Order 12919). The
President can enforce any new emergency at any time under Executive
Order or Presidential Directive. In 1995, we [the former North
Bridge News] published that we expected a new national "dollar"
emergency to be declared within a year or two. Just like we thought
at the time, they have now blamed it on the purported drug dealers
who are allegedly destroying our currency by money laundering
schemes.
Since late 1996, old U.S. $100 FRB notes issued by the Federal
Reserve Bank are being exchanged for new $100 FRS issued by the
Federal Reserve System. These new notes have scanable magnetic
platinum encryption on the plastic strips embedded inside the bills.
The U.S. Treasury claims this is for "the blind". Now, new $20 and
$50 FRS's are replacing the older notes as well. What people don't
realize is that very soon, the older FRB notes will no longer
be 'legal' and there will be a penalty for hoarding them. This is
what happened to those Americans holding gold and gold coins after
1933.
"We are most gratified with the successful introduction of the new
$100 and $50 notes and look forward to the same success with the new
$20s," Chairman Greenspan said. For the first time, a machine-
readable capability has been incorporated for the blind. A new
feature in the $20 will facilitate the development of convenient
scanning devices that could identify the note as a $20. -U.S.
Treasury, Office of Public Affairs, RR-2449 released May 20, 1998.
Why new paper 'money' and for what purpose? Because the new FRS
notes in your pocket can be scanned and whoever scans them can know
exactly how much money you have on you. The older FRB notes are not
encoded to do this. This writer knows firsthand of at least one
machine, manufactured by Diebold, Inc. (a/k/a InterBold) that scans
the money in your pockets, wallet or purse no different in theory
than a credit card scanner, but much more sophisticated. I
participated in a 'test' of this machine at a U.S. international
airport in 1998. To me, it looks much like the standard metal
detector scanners you walk through at all airports. I was asked (by
who I believe was a U.S. Treasury Agent, as he introduced himself
and flashed his ID quickly in my face so I couldn't read it) if I
had any of the new $100 or $50 bills in my pockets. I looked in my
wallet and saw I had one new $100 FRS note. I told him "yes", then
he said "Good, but don't tell me how much". After saying he
would "really appreciate it" if I would help them with a test, he
asked me to walk through what looked like a typical airport scanner.
No beeps. No noise. No sound at all. He looked at a computer screen
and said "Do you have a new $100 bill?". When I confirmed that was
true, he thanked me and told me to please move on. I tried to ask
him how the machine knew that, but he ignored my question. I took a
good look at the scanning system and believe I have now spotted them
at Kennedy, Atlanta, Miami and Los Angeles airports.
The odd part about this is that these machines seem to all be
located in the customs areas where you enter the U.S. from a foreign
country. Obviously, they want to know if someone is carrying more
than $10,000 into the U.S. Common sense dictates that they should be
more concerned about people leaving with more than $10,000 if
they're really trying to thwart the drug dealers.... until you begin
to realize that there must be some other hidden agenda: They are
apparently going to stop money from entering the U.S. for a reason.
Will the President call for the confiscation of all gold bullion and
bullion coins as Roosevelt did? Who will end up with it? The Federal
Reserve System owners, just like before. Since June 1998,
international gold supplies have been so low that some private Swiss
Banks have been paying a premium above the market wholesale value
for gold bullion. This was confirmed to us by a gold and diamond
mining Chief Executive from Rex Mining in Guinea, West Africa, who
supplies raw gold to a major Swiss Banking company smelter and
processor The spot gold market has been manipulated to keep the
price low so that the Federal Reserve System owners can purchase all
that is available through their various trusts and corporations.
World gold availability on the open market is now at a record low
and mining production of gold is also at a record low output.
What happened to 'supply and demand' with gold and silver? Normally,
when supply is high the price decreases. When supply is low,
precious metal prices increase. Perhaps the private FED will peg the
new dollar to gold prices, as many experts have already speculated.
What will stocks and bonds purchased with old dollars be worth then?
Pennies to the dollar, so to speak. Who ends up being the only
winner? The Federal Reserve System stockholders. They control the
circulation amounts of paper money in the U.S. Combine that with the
new scanner to stop large amounts from entering into the U.S., and
the scenario amounts to a planned shortage of paper FRS notes, the
banning of the older FRB notes, and the soon to be astronomical
price of gold which most Americans will be forbidden to have or
hoard, once again. The facts we've presented in this report all
point to this.
People will be at the mercy of the federal government for daily food
and for jobs. Checks are soon to be totally phased out. Banks issue
ATM debit cards and tell you they must charge more for your account
if you use a real live human teller instead of the machine. The
switch is being turned on. This is not speculation. This is the
truth of reality. It's already been tested, and their new system
works. Just ask Jim McNeff of the DTC.
The day has come when you must decide to accept or reject the beast
and the New World Disorder.
Part II of II-
You don't own your Stocks....or any of your Bonds...The Depository
Trust Company does.
by Anthony Wayne
In Part I of this series, excerpts of which were first published in
November 1995 by the former North Bridge News, we exposed The
Depository Trust Company (DTC) as the Unknown $ 9.1 Trillion
Company. It appears that our startling discoveries of the inner-
workings of the DTC had only scratched the surface. We'd like to add
more fuel to this blazing fire by further exposing the DTC and those
behind it.
The Depository Trust Company has grown since October 1995. On July
1998, this amount was estimated by a DTC employee at more than $11
Trillion. As of April 19, 1999, the DTC itself has stated in a press
release that their asset value is nearly $19 trillion. In 3 1/2
years, their assets increased nearly $ 10 Trillion. That's a lot of
stocks and bonds supposedly held in trust. The latest trend over the
past ten years is for stock and bond brokers to offer "book-entry
ownership" only. Every book-entry stock or bond is literally owned
by the DTC. Since 1985, most bond and many stock issuers have
converted from the issuance of certificates to book-entry systems
administered and controlled by the DTC. As of March 1999, the
National Securities Clearing Corporation (NSCC) and the Participants
Trust Company (PTC) are now merged into the DTC. Practically, there
isn't one stock or bond issued that is not controlled by the DTC.
If you purchase any stock or bond through a broker, it is being held
for you under a "street name" by the DTC unless you have
specifically requested to hold the certificate yourself. If you have
a book entry stock or bond, you won't be issued a certificate. It's
important to note that you have purchased that particular stock or
bond without becoming a registered holder of the actual stock or
bond certificate. Instead, you have become a beneficial owner. The
difference between the two is like night and day. Take the time to
absorb and understand the following definitions:
REGISTERED HOLDER- A Registered Holder literally possesses, owns,
and holds, his stock or bond with his name appearing on the face of
the certificate. The company that issued the certificate has
registered the owner's (holder's) name on their official books. This
is the safest way to own a paper asset. You literally possess the
fully registered certificate and only you can transfer or sell it.
By all Rights and definition of law, you are the owner. You have it,
you hold it, you possess it, and you keep it. You have the complete
control over it.
BENEFICIAL OWNER- A Beneficial Owner is nothing more than a
beneficiary, "One who is entitled to the benefit of a contract"- A
Dictionary of Law, 1893. All book-entry stocks and bonds you
purchase make you the beneficial owner, not the registered holder.
The owner of a book-entry stock or bond is the entity or name that
it is registered under.
The DTC owns that bond or stock, not you. Rather than in your name,
it's registered (as the legal Registered Owner or agent) in
their "street name", Cede & Company. (In the past, it may have been
registered in your broker's street name, but this is no longer
allowed). The DTC is the Registered Owner - holder - of your stock
or bond. The DTC is the legal property-holder, share-holder, stock-
holder, owner and purchaser. Your name appears nowhere on the book
entry or certificate as the actual owner. Instead, you have been
designated by the legal registered owner, the DTC, as the Beneficial
Owner. This means that your lawful Rights in that stock or bond are
confined to that of a successor or heir.
At the University of Utah College of Law, we found the following
examination question about Cede & Co.:
The common stock of LargeCo, Inc. is publicly traded on the New York
Stock Exchange. Over 2/3rds of the shares are registered on
LargeCo's books in the name of Cede & Co. Cede is a depository
company which holds the shares as nominee on behalf of brokerage
firms, mutual funds and other active traders. The brokerage firms in
turn are also nominees with respect to some of the shares, which
they hold on behalf of their customers. Nominees, such as Cede and
brokerage firms holding for customers, view the customer as the
beneficial owner of the shares and consider the customer to be the
one with the right to vote the shares; mutual funds, however, view
the fund as the owner of the shares it holds and vote the shares
themselves.
Most of the remainder of LargeCo's stock (26% of the total) is held
by the Large family, which is still actively involved in management.
LargeCo is aware that the beneficial owner of about half the stock
registered in Cede's name is the Small family, who live next door to
the Larges in downtown Rome, and that the remainder of the Cede
stock is beneficially owned by several well known mutual funds.
According to the DTC, under the US Security and Exchange Commission
(SEC) rules, you only have the right to "receive proceeds or other
advantages as the beneficiary". You are not the owner... you are the
consignee, "One who has deposited with a third person an article of
property for the benefit of a creditor"- A Dictionary of Law, 1893.
In legal terms, you are considered the heir presumptive or heir at
law to the stock or bond you paid for. The DTC controls, possesses
as creditor, holds and owns your book-entry stock or bond. This is a
difficult pill to swallow for those who have placed their assets in
stocks and bonds over the past decade. Your broker sends you a fancy
accounting every month of your purported holdings, along with
dividend and interest payments paid. The fact is, you only receive
the benefit of ownership (interest and dividends) without holding
title to your property. You are at the mercy of the registered
owner, the DTC. If you don't believe this is true, then call your
broker right now and ask them who's name is listed as the Registered
Holder of your book-entry stocks and bonds. If you're lucky, the
broker will tell you "why of course you're the Beneficial Owner",
then you'll know the truth. He may emphasize to you that the stocks
and bonds are being held in "safe keeping" for your own protection.
This is broker language for "your stocks and bonds are held by the
DTC in their street name as the creditor".
From J.P. Morgan's internet site:
Registered and beneficial shareholders
There are two types of shareholders: registered, who hold an ADR in
physical form, and beneficial, whose ADRs are held by third-parties
and are listed under a "nominee" or "street" name.
Registered shareholders are listed directly with the issuer or its
U.S. transfer agent. The transfer agent handles the record-keeping
associated with changes in share ownership, distribution of dividend
payments, and investor inquiries; it also facilitates annual
meetings. An issuer's depositary bank can provide the identities of
registered shareholders on a regular basis. However, this may not
provide the level of shareholder identification required for a
successful investor relations effort. Registered shareholders are
typically individual investors who have physical possession of their
share certificates, generally in lots of 100 shares or fewer. The
registered list also includes nominee names such as Cede & Co.,
which represent the aggregate position of the Depository Trust
Company (DTC), the primary safekeeping, clearing, and settlement
organization for securities traded in the United States. DTC uses
electronic book-entry to facilitate settlement and custody rather
than the physical delivery of certificates.
Beneficial shareholders, which can include individual as well as
institutional investors, do not have physical possession of their
certificates; third-party broker-dealers or custodian banks hold
their securities on their behalf. These shares are said to be held
in street name because they are kept with the DTC in the name of the
broker-dealer or the custodian bank - not the underlying
shareholder. Lists of beneficial shareholders who do not object to
disclosing their holdings are available from banks and broker-
dealers. These lists, called NOBO for Non-Objecting Beneficial
Owner, typically provide the names of individual investors.
To help identify institutional investors, who do not usually
disclose their holdings, issuers use publicly available filings.
Large holders, including investment managers, are required to make
periodic filings - such as 13-F, 13-G, and 13-D - with the
Securities and Exchange Commission (SEC) disclosing the name and
value of the positions in their portfolios.
Which brings us to the street name used, registered, and designated
by the DTC as the registered owner of over $19 Trillion (USD) of our
stocks and bonds... CEDE & Co. Everyone in the brokerage business
keeps pronouncing this name as "See Dee" and Company, but it's
spelled C-E-D-E and pronounced "Seed". This is where the real irony
comes.
According to Black's Law Dictionary, Sixth Edition, 1990, the word
Cede is defined as "To yield up; to assign; to grant; to surrender;
to withdraw. Generally used to designate the transfer of territory
from one government to another". In the Black's 1951 Fourth Edition,
it lists the following as supportive case law; Goetze v. United
States, C.C.N.Y., 103 Fed. 72.
Have you made the connection yet? Your book-entry stocks and bonds
and all stock and bond certificates purchased through your broker
and held by them under your brokerage account are owned by CEDE &
COMPANY (the DTC) as the registered owner. You have surrendered,
assigned and granted ownership to someone else other than yourself.
Their name says it all.
How ironic and sarcastic can they be?
"CEDE- To surrender possession of, especially by treaty. See
Synonyms at 'relinquish'." -American Heritage Dictionary of the
English Language, 3rd Edition of 1992
If Americans had any idea that they have relinquished the lawful
ownership of their stocks and bonds to someone or something else,
there would be a revolution. In a sense, that's why we are exposing
this paper asset scam to you. The point is, now that you know the
truth, do something about it and get your assets back into your
name.
Our suggestion to you is this: If you don't literally have every
stock and bond registered certificate in your possession, then
promptly call your broker and tell him you want all your securities
transferred and re-registered into your name as the Registered
Holder and Owner. If he says he can't do that because your stock or
bond is a book-entry transaction only, we strongly suggest, for your
own security, that you sell your book-entry assets immediately.
Don't let the broker tell you that it's "safer" for you if they keep
your certificates. Remember, you know the truth. Even if all your
stock and bond certificates were burned in a fire, the process to
have them replaced is simple. If someone were to steal your
certificates, you simply report them stolen to the company that
issued them and they're automatically cancelled, just like a stolen
credit card. Replacement certificates are then issued to replace the
lost or stolen originals.
Most people don't realize that when they open a brokerage account,
they have entered into an contractural agreement allowing the broker
to assign the stocks and bonds to an undisclosed creditor, the DTC.
(We suggest you read the small print on your brokerage agreement).
This gives the broker your express written permission to place all
your securities into the ownership of the DTC. Your broker is an
agent for the DTC through mandatory Securities and Exchange
Commission regulations and mandates by the Federal Reserve System
private bank. Your broker represents them, not you. Your brokerage
account is nothing more than a ledger of accounting. It reflects no
assets held in your name. The assets are registered in a "street
name" that is not you or your name. Sure.... you receive the
interest and dividends, but you do so as a beneficiary to the real
owner. Your brokerage account in no way, shape, or manner reflects
who literally owns your securities. What you own is a brokerage
account and nothing more.
A greater consideration is just exactly who does the DTC hold these
securities for? As the owner, who has the DTC pledged these
securities to? Our research points to the Federal Reserve System, an
international private banking cartel with major offices found in
Moscow, London, Tokyo, and Peking. By treaty with the United Nations
and in compliance with the Bretton Woods Agreement, the DTC under
regulation of the Federal Reserve System has pledged all those
stocks and bonds to the International Monetary Fund (IMF). These are
the same paper securities found in your IRA and pension fund
accounts, as well as in your brokerage account. Remember, you don't
own them.... you're just a beneficiary.
The truth is, the securities you purchased and paid for with your
hard earned money is collateral for the United Nations which is
backed by the Federal Reserve System and it's associated agencies,
such as the International Monetary Fund. Is it any wonder that the
UN can operate year after year with increasing budgets, but without
sufficient funds? The UN has nearly $19 Trillion of backing and
reserves, thanks to millions of duped Americans. We are financing
the New World Dis-Order with our stocks and bonds.
[< Back] [Ming the Mechanic] [Add a comment]
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13 comments
31 Oct 2003 @ 14:33 by waalstraat : The way I see it
DTC is merely stocking up for our falling.............
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31 Oct 2003 @ 17:44 by koravya : Thanks for this Info
I appreciate it,
and so the Economics students
I share it with.
Clearly, we all need to know
what kind of scenario we may be looking forward to.
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6 Nov 2003 @ 09:14 by Stefanti @80.137.195.30 : Weak
The more I learn about the "free" global economy over the years, the
more unbelievable it looks and the more weaker I feel. What to do
with the information now? Sell the few shares I hold? This sort of
information makes long term planning increasingly difficult.
Stefan Thiesen
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6 Nov 2003 @ 14:17 by ming : Investing
Well, if the little secret mentioned above actually resulted in all
stocks being confiscated, the world economy would crash. So, I don't
really think that's what anybody has in mind. More likely it is
being used as a collateral. So, I wouldn't really change my
investment habits based on this. Diversification is always good, of
course, so don't just have stocks.
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10 Nov 2003 @ 03:13 by Stefanti @80.137.206.87 : Investing
Well Ming - what I mean also is that by simply buying stocks, we all
seem to hand over incredible power to an organization of tremendous
size and with totally dubious goals and no democratic legitimation
whatsoever.
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10 Nov 2003 @ 05:29 by ming : Handing over power
Yeah, but it is worse than that. By just using national currencies
for anything whatsoever we all hand over incredible power to
essentially the same unelected bunch of people. So, if we are to
create an alternative, it would have to cover most aspects of what
we need, or you'll just be feeding another arm of the same monster.
We'd need an economic system that isn't tied in at all with dollars
and the stock market and banks, but that would fill the same needs
that are met for us from those. I.e. an easy way of gathering and
transporting and storing and exchanging tokens of value. And that is
not as unlikely a battle as it might seem. If somebody came up with
some expanded PayPal type of scheme that really worked better than
the alternatives, and which we could trust, and which was anchored
into different bedrock, lots of people wouldn't look back at all.
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22 Dec 2003 @ 14:11 by tony @68.14.28.235 : dtc/cede
Bank deposits appear to be similar to stock "deposits" with cede.
Check your state laws. For instance, in MA, funds on general deposit
in a bank are the property of the bank. The bank account is the
property of the depositor, and the relationship between the
depositor and the bank is that of creditor to debtor. If you have
your property in the hands of a third party, the third party might
unlawfully (without a court order) deprive you of your asset. Of
course you can then sue them, if you can still afford to do so!
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26 Jun 2004 @ 15:02 by hscott @68.52.209.126 : Trying to verify
I checked out the DTC annual report and cannot find the numbers you
suggest. Their Asset column for 2002 shows $17.9 Billion NOT $23
Trillion as you state. And the Liability column shows approximately
the same value, which would make sense if they are holding
securities in trust.
Where exactly did you get the $23 Trillion dollar number?
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26 Jun 2004 @ 16:05 by ming : Verification
Glad you're checking it out. Well, part of the trick is that DTC
(which handles stock transfers) is a separate company from CEDE
(which is the legal owner), but CEDE is a wholly owned subsidiary.
The way I understand it. But let me see again where I found the
number ... Yeah, the document called DTC Consolidated Financial
Statements shows 17.9 billion in assets. I think it was the annual
report. Which has changed since last year and now shows the 2003
report. ... So, it says its subsidiaries settled transactions worth
$923 trillion, and it says that values of securities on deposit is
24.6 trillion, which sounds like that 23 trillion number for 2003
rather than 2002. Hm, I do seem to remember them saying it more
directly, and using the word "assets". But it was in a somewhat
promotional piece (like the annual report), where they were bragging
about it, rather than in their actual financial statement.
Anyway, a key to the argument is what the relation is between DTC
and CEDE. If DTC owns CEDE and CEDE legally owns those now 24.6
trillion - that's what's remarkable. Even if everybody involved will
say that "oh, it is just a formality, and of course it really is the
stock holders' stocks". Oh, even if they didn't own them, it should
be major news that they're even holding that amount of stocks for
anybody. But the truly earth-shattering part would be the CEDE part.
Unfortunately, the relationship between DTC and CEDE, or even the
factual existence of CEDE, is based on heresay and rumors. I.e. I
haven't seen any documentation of it. And obviously DTC don't even
mention CEDE as far as I can see.
Even if they do own CEDE, and CEDE does own all the stocks, I don't
find it surprising that they can get away with ignoring it in their
actual financial statement. If the auditors even knew that, they
would probably be quite content with the explanation that, oh, it is
just stuff we're temporarily holding, and it is of course all the
customer's money. All seems logical and reasonable. Except for that
it isn't, if the legal reality, when it comes down to it, is that
they own it and the customers don't.
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28 Jun 2004 @ 09:38 by hscott @68.52.209.126 : re: verification
I understand your concern but from a pure accounting perspective the
$23 trillion dollars in assets would be offset by exactly the amount
in liabilities such that in terms of book value its a wash. Neither
company is "worth" $23 trillion. This facility is absolutely
necessary in order to have a liquid marketplace and that liquidity
is a big portion of the grease that keeps the machine of our economy
moving. The best thing that could be done to stabalize the markets
and defend us from bubbles that ultimately burst would be to
eliminate the taxation of dividends. If all companies paid
dividends, that would be a throttle switch which prevents irrational
pricing. PE ratios would be held in check by Dividend Yeilds because
stockholders would have two sources of value, the equity value of
the stock AND the stream of cash flows from dividends. The lack of
dividends by most companies is what creates upward price pressure
beyond a rational valuation of a company because that's the only way
a person can make a return in the markets. Every trade has a seller
who think the stock is capped out and a buyer who thinks it has
upside potential.
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28 Jun 2004 @ 14:07 by ming : Economy
It is probably very useful to have mechanisms like that in the
economy. And, I'm sure, normal proper accounting wouldn't count the
$23 trillion as an asset, even if it is in CEDE's name some or all
of the time. For most people it matters not very much if CEDE owns
their stocks, because they let you trade them and get the money. A
bit like how most everything else works in the money system. You put
your money in the bank without much hesitation, because you expect
that you can use it when you feel like it, and most of the time you
can. You trust the paper money others give you, even though it is
only pieces of paper, because you expect them to convert to stuff
you want, any time.
But it can also get to look a bit like musical chairs. It is no
problem at all as long as the music keeps playing. We hope it
doesn't stop, and maybe it won't. But if it does, one might suddenly
become painfully aware of a lot of small print one didn't pay
attention to. Like that one's stocks are owned by somebody else. And
I understand that it works in a very similar way the ownership of
real estate and of motor vehicles. I'll have to write about that
some other time. But, essentially, unless you have a land patent on
your land, it is really owned by a government agency. Which
gracefully lets you live there and use it and act like you're buying
and selling it. Likewise with a car. There's a certain piece of
paper that most people don't know about that the factory sends to
the government, unless you insist that they don't and give it to you
instead. Which legally (again, just as a formality, to serve you
better) gives the government the ownership, so they can then issue
you a pink slip which gives you the right to use it, including the
ability to transfer that right to somebody else (=selling it).
---------------------------------------------------------------------
-----------
30 Nov 2004 @ 18:03 by Kent @63.85.201.10 : Necessity? Any
accountability to me?
hscott said:
"This facility is absolutely necessary in order to have a liquid
marketplace and that liquidity is a big portion of the grease that
keeps the machine of our economy moving."
Let's assume your premise is correct; does the need also justify
ignoring individual investors (me)? While I am not "old", I have
been around long enough to know when something is not on the up-and-
up. Why avoid me?
This clearinghouse has no advocates for the individual investor. Its
secondary reason for existence has become that of feeding the
financial community whose livelyhood depends upon betting on the
future values of stock. Translation: it benefits those who expect
something for nothing.
See my link above for my frustrating trial with this "necessary
facility".
---------------------------------------------------------------------
-----------
21 Dec 2004 @ 18:42 by di @66.139.39.158 : other trillion companies?
Daily Opinion: BUY
GTEL may be in a short squeeze as indicated by the fact that it is on the SEC SHO list. The mere fact that GTEL is on the SEC SHO List means that it is heavily shorted, because the SHO list identifies stocks in which there are MNAY "Failures to deliver" shares that were NAKED SHORTED by Market Makers.
TECHNICAL OPINION - GLOBETEL COMMUNICATIONS CP (GTEL) - 01/26/2005
Daily Opinion: BUY
Wednesday's Bullish (up) move, forming a recent high, is accompanied by huge volume (330% of average), suggesting a continuation to further new highs. This is generally a very bullish sign. Refer to the Short-Term and Long-Term Opinions to keep from buying at a top or short-selling too early.
Short-Term Opinion: HOLD
On a short-term technical basis, the trend is Bullish (up) and the stock is above its 50-day moving average at 0.09 which also confirms its Bullish (up) trend. The stock is extremely overbought according to the Stochastic indicator (78.33).
Long Term Opinion: OUTPERFORM
On a long-term technical basis, the stock (GTEL) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 0.14 and 0.12. If the stock breaks down through support at 0.14 then it will probably continue lower to 0.12. The stock has resistance at 0.25. The 200-day moving average is at 0.10. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 0.14 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (88.20).
CHECK BUYSELLORHOLD LINKS THURSDAY FOR NEW RESISTANCE LEVELS <<<
buysellorhold 1 yr chart http://tinyurl.com/4pq95
buysellorhold 3 month chart http://tinyurl.com/5ncn6
--------------------------------------------------------------
http://finance.groups.yahoo.com/group/shortsharks/message/15368
AMEX Threshold Security List
see, at upper right hand corner, link to "Reg SHO Threshold Securities"
http://www.amex.com/amextrader/
NASD Head Trader Alerts
more info on SHO regarding NASD
http://tinyurl.com/5r2fo
NASD SHO Threshold Security List
symbol directory: Q = NASDAQ National Market (NNM); S = Small Cap NASDAQ; U = OTCBB; u = other otc (ie, PINK, etc)
http://www.nasdaqtrader.com/aspx/regsho.aspx
NYSE SHO Threshold security List
http://www.nyse.com/threshold
Symbol Directory
ftp linkage
http://ftp.nasdaqtrader.com/SymbolDirectory/regsho/
GTEL.ob is heavily shorted / on the SEC SHO List
http://tinyurl.com/6xjqz
From: "scottbro5150"
Date: Tue Jan 25, 2005 9:11 pm
Subject: GTEL on SHO List!!
I Haven't been watching the SHO list carefully enough.
GTEL is on SHO! - http://www.nasdaqtrader.com/aspx/regsho.aspx
Can anyone confirm when they arrived on SHO?? - GTEL was not on the
first list - First notice of listing on ihub was the 8th but that
account is sketchy. Can anyone confirm when GTEL went SHO??
So we have a short sqeeze going on here along with the great NASA
news!!!! If it was effective SHO on the 3d then the 31th would be the
first day we would see forced buy-ins. If GTEL has any sizeable
short against it, today could have been the start of a nice short
squeeze through the end of the week and Feb.
JAWZ !!! You should have been screaming "LO, I HAVE TOLD YOU" from
the rafters!! - Any comment on the SHO effect to your $.80 -$1.60
target?
I would think SHO would mitigate the swing trade effectiveness so,
I'm not going to try and swing as was my old pattern. Sure am glad I
held onto a small position.
FINALLY Something to watch while we wait for CMKX other than Bill's
BS AAquants posts!! (stop the irritation please)
"HISTORY IS ALL THE CREDIBILITY JAWZ NEEDS." - TIWI/GTEL/CMKX = FIJI
is comming "soon".
Scottbro.
------------------------------------------------------------
http://tinyurl.com/6hxex
From: "Robbie Kirkpatrick MacGregor"
Date: Tue Jan 25, 2005 10:34 pm
Subject: Re: GTEL on SHO List!!
look at some of the other stocks on the list. all this means is that
GTEL has a sizeable short interest and they are hard to borrow shares
to short and you shouldn't be able to hold it overnight from my
understanding.
that being said there are still nearly 780,000,000 shares outstanding
and do you think GTEL justifies a price target of .80 to 1.60? that
would put the market cap from 624 million to 1.25 billion for a
company that only had a little less than 18 million in revenues the
past 12 months.
-------------------------------------------------------------
http://tinyurl.com/5jqmt
From: "scottbro5150" <cscott@communicationsfinance.com>
Date: Wed Jan 26, 2005 2:12 am
Subject: Re: GTEL on SHO List!!
Robbie,
Being on the SHO list means there is a greater than .05% of the OS
in short failures. Shares are hard to borrow because there are none
available!!! Come the 31st, if MM can't find or won't find shares,
they will be forced to cover by the SEC. The larger the short
position, the greater the squeeze - IMO.
Stocktriggers http://www.stocktriggers.com/weekly/stock5.html has a
short term target @ .27 - .45. and an intermediate term $1 - $1.50.
(I was using 1.60 from memory from an old message from Jawz)
Jawz files has some good background in the Links files.
http://groups.yahoo.com/group/shortsharks/message/8176
I would say the 1.50 is a stretch but GTEL's product is a paradym
shift. Given the technology, they could grow very fast. AND the NASA
thing could be outstanding - If they invest money in R&D _ LOOKOUT!
Revenues from 04 are NOT indicative of what they would recieve when
the stratellites come on line. The presidents letter to
shareholders in April even states this.
http://www.globetel.net/letter.htm
There are better DD folks here I would love to hear from.
Should be very interesting at least to see how this plays out.
Scottbro
--------------------------------------------------------------
http://tinyurl.com/6tluf
from Robbie:
all it (being on the SEC SHO List) means is GTEL is heavily shorted.
____________________________________________________________
____________________________________________________________
Japanese Candlestick formations @ stockta.com
Recent CandleStick Analysis Very Bullish
Date Candle
Jan-25-2005 Bullish Engulfing
Jan-20-2005 Hammer
earlier:
Dec-13-2004 Homing Pigeon
Dec-10-2004 Hammer
Dec-08-2004 Homing Pigeon
BULLISH ACROSS THE BOARD !
http://tinyurl.com/25rnm
____________________________________________________________________
Gallery charts @ stockcharts.com
http://stockcharts.com/gallery?GTEL
-------------------------------------------------------------
5 Day @ yahoo
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=5d
1 day @ yahoo
http://finance.yahoo.com/q/bc?s=GTEL.OB&t=1d
1 mo Chaikin $ Flow, Accum/Distribution, 8 day SMA, 10 day BBs
http://tinyurl.com/5rtog
1 mo ADX & RSI + RSI, ADX, BBs@10 days, Zig Zags
http://tinyurl.com/7y3k6
1 mo MACD & Aroon Oscillator, 8 day BBs, 8 day SMA
http://tinyurl.com/5c5mp
3 mo $ Flow & Accum + 10 day BBs & Zig Zagz
http://tinyurl.com/3kwnm
3 mo ADX & RSI 10 day BBs & 8 day SMA
http://tinyurl.com/6feut
3 mo MACD & Aroon 10 day BBs, 16 day SMA
http://tinyurl.com/6j39p
____________________________________________________________________
CHECK BUYSELLORHOLD LINKS THURSDAY FOR NEW RESISTANCE LEVELS <<<
buysellorhold 1 yr chart http://tinyurl.com/4pq95
buysellorhold 3 month chart http://tinyurl.com/5ncn6
______________________________________________________________
Current Opinion @ Stocktriggers.com updated previous Sunday evening
by Craig Waldrop from the previous Sunday. IMHO Craig is "wize_again" @ Raging Bull GTEL Bd
http://www.stocktriggers.com/weekly/stock5.html
GTEL UPDATED ON: 23-Jan-2005 09:14 PM
CLOSING PRICE: $.122 + $0.021 SLOWLY BREAKING OUT ON CONFIRMED VOLUME, LOOK FOR A MOVE TO NEW HIGHS IN THE WEEKS AHEAD.
PRICE TARGET: $0.27 - $0.45 SHORT-TERM, $1.00 - $1.50
INTERMEDIATE-TERM STRATEGY: SLOWLY BREAKING OUT ON CONFIRMED VOLUME, LOOK FOR A MOVE TO NEW HIGHS IN THE WEEKS AHEAD. CONTINUE TO ACCUMULATE INTO WEAKNESS, AND EXPECT A CONTINUED BULLISH SWING MOVE INTO EARLY 2005.
LONG TRIGGERS: $.138 - (PRIMARY LONG TRIGGER) - $0.127 (EARLY SIGNAL) BUT ONLY USING AS A SIGNAL BECAUSE WE ARE ALREADY FULLY IN THIS TRADE
SHORT TRIGGER: N/A
TODAY'S VOLUME: 9.8M - STRONGER VOLUME INTO UPWARD MOVES, WEAKER INTO PULLBACKS, VERY BULLISH.
STOCHASTICS: WEEKLY CHART, BREAKING OUT, CONFIRMING A BREAKOUT MOVE OFF OF RECENT LOWS NOW.
MACD: WEEKLY CHART, BREAKING OUT, CONFIRMING A BREAKOUT MOVE OFF OF RECENT LOWS NOW.
RSI: 67 - WEEKLY CHART, RISING SLOWLY NOW
NOTES: SLOWLY BREAKING OUT ON CONFIRMED VOLUME, LOOK FOR A MOVE TO NEW HIGHS IN THE WEEKS AHEAD. CONTINUE TO ACCUMULATE INTO WEAKNESS, AND EXPECT A CONTINUED BULLISH SWING MOVE INTO EARLY 2005.
______________________________________________________________
24 May 2004 pick by Larry Oakley's Wallstreetcorner.com & Conservative Speculator
http://tinyurl.com/5tcl2
______________________________________________________________
$5 in 5 years or Le$$, My Forum Hot Stock Pick # 2
GTEL is a KEEPER, Fan$! - opinion posted @ I-Hub
http://tinyurl.com/55m9s
______________________________________________________________
http://finance.groups.yahoo.com/group/shortsharks/join
be sure to set email preference for {"Special Alerts"}
Jawz_2020 has a folder on GTEL at my group which you need to read.
TON$ MORE INFO in GTEL.ob Folder @ ShortSharks
http://tinyurl.com/2das2
http://finance.groups.yahoo.com/group/shortsharks/links/GTEL_OB_001079021210/
GTEL folder @ <links> @
http://finance.groups.yahoo.com/group/shortsharks/links/
CHART$ & T.A. - http://tinyurl.com/59z5w
I also post on Rocky's I-HUB board for GTEL
http://www.investorshub.com/boards/board.asp?board_id=1871
Ble$$ing$,
jawz_2020
more about Ca$avant Maneuver 101
http://tinyurl.com/4pktb
Let me make two quick comments:
You indicate that Urban feels no time pressure:
{"URBAN DOESN'T CARE ABOUT HOW LONG IT TAKES THE PPS TO GET GOING."}
{"he has enough capital for the foreseeable future"}
zen - please reply to Casavant Manuever 101
Z - I have always been a fan of yours and would very much appreciate any comments or refinments you may care to make to the way I & freeconn have articulated the idea of
"The Fundamental Doctrine of the Ca$avant Manuever 101"
This was - I believed when I got into CMKX back in April 2004 - the common understanding of WHY Urban took the company to the pinks. imho UC took the company pink to hide the fact that HE was the BUYER for all the naked shorting going on after the big spike in Dec 2002.
Thank you so very much for taking the time to respond. Thanks!
--------------------------------------------------------------
Fundamental Doctrine of 'Ca$avant Manuever 101'
this theory was commonly assumed in April 2004 when shortsharks
first got into CMKX
http://tinyurl.com/4g72k
---------------------------------------------------------------------
-----------
http://tinyurl.com/4g72k
We have had many folks join CMKX since there have been many posts
about "The Ca$avant Manuever" so this is mainly review for the
newbies.
It is jawz' understanding that,
according to fundamental "Ca$avant Maneuver 101" doctrine,
1) Urban took the company PINK expressley to HIDE from reporting the
fact that it was HE & partners & family that were BUYING the
counterfeit shares being naked shorted.
therefore,
2) the way to make the "fake" shares cease to exist is to SELL them
BACK to the MMs who naked shorted them;
so that
3) Urban shrinks the actual float (which imho includes the FAKE
shares) by SELLING (NOT BUYING) the FAKE shares BACK to the MMs who
naked shorted CMKX.
PLEASE NOTE:
4) URBAN SHHRINKS THE FLOAT BY SELLING - NOT BY BUYING
5) WHAT HE IS SELLING ARE THE FAKE SHARES THE MMs THEMSELVES CREATED;
6) any sale above .0001 is PURE PROFIT for Urban / CMKX (the entire
6 month period from mid-May 2004 through Dec 2004)
7) current sells at cost at least have the advantage of taking fake
shares off the market, SHRINKING THE TRADABLE FLOAT
8) Urban has ben compelled to WAIT until Jan 5 or 10 to file imho in
order to take advantage of the new SHO rules, in addition to Arbanes-
Oxeley (sp??) Act.
all the clueless whiners who lament, "Who is SELLING CMKX?" have NO
CLUE as to the basic mechanics, nor the fundamental BEUATY of "The
Ca$avant Manuever" imho.
ALL ENTIRELY IMHO
jawz_2020
-------------------------------------------------------------------
http://tinyurl.com/4f3rk
with 3.7 TRILLION share volume in CMKX since last March 2004 -
suppose:
the off-shore hedge fund nakes shorted about 1.5 TRILLION - (TWICE
the eventual number of shares authorized: 800 Billion)
that UC / partners / CMKX et al BOUGHT them
then sold these SAME counterfeit shares BACK to the MMs after CMKX
was above .0004 at the end of May and then over .0012 on June 12
2004
that accounts for 3 Trillion right there
the other 700 billion are what retail investors have bought
WHO KNOWS?
just wild speculation on my part.
5 million shares average per investor (I read somewhere) X 50,000
shareholders (read somewhere else) = 250 BILLION shares
but obviously many folks have more than 5 million
if you don't, you need to BUY MORE ASAP while you still have a
chance for a DAY LIMIT BUY for .0001 to hit
IMHO
jawz_2020
---------------------------------------------------------------------
REPLY BY FREECONN:
[Quote]
1) Urban took the company PINK expressley to HIDE from
reporting the fact that it was HE & partners & family that were
BUYING the counterfeit shares being naked shorted.
therefore,
2) the way to make the "fake" shares cease to exist is to SELL them
BACK to the MMs who naked shorted them;
so that
3) Urban shrinks the actual float (which imho includes the FAKE
shares) by SELLING (NOT BUYING) the FAKE shares BACK to the MMs who
naked shorted CMKX. {end quote]
-------------------------------------
You left out the 4th, and most important aspect of the NSS covering
process. Shareholders that bought NSS from the MM's, have to sell
them back to the MM's in order to reduce the unauthorized temporary
float (to be referred to as UTF from here on). Here is the process
as I see it, correct me if reasoning is flawed.
1. Urban allows CMKX to go to the pinks to hide the fact that he and
his family are buying up NSS ( to be referred to as 'fake shares'
from here on). The 'fake shares' are added to the UTF as he buys
them from the MM's.
2. The MM's sell 'fake shares' to Urban and friends AND
Shareholders. The UTF is the sum of Urban and friends 'fake shares'
added to the Shareholders 'fake shares'.
3.Urban shrinks the Urban and friends UTF by selling the 'fake
shares' back to the MM's at a profit. The Shareholder UTF stays the
same because 2 wrongs don't make a right. URBAN CANNOT REDUCE THE
SHAREHOLDER UTF BUY SELLING HIS 'FAKE SHARES' TO THE MM'S BECAUSE
THEY ARE REVERSING THE TRADE BETWEEN URBAN AND THE MM'S ONLY. ONLY
THE MM'S CAN REDUCE THE SHAREHOLDER UTF BY BUYING BACK THE 'FAKE
SHARES' THAT THEY SOLD TO THE SHAREHOLDERS TO BEGIN WITH. Urban can
legitimize the shareholder UTF by selling the MM's real shares out
of the A/S, but this in effect increases the O/S, as the
former 'fake shares' join the legitimate float.
4. The MM's have to entice the shareholders to sell thier 'fake
shares' back to them so that they can get them off thier books
before SHO reveals the massive fails to deliver and forces them to,
OR they need to come up with legitimate shares to replace the 'fake'
ones. Either way, they will need to raise the pps above the level
were most shareholders purchased thier shares. Nobody is going to
sell to them until they can realize a tidy profit, especially those
that are holding certificates as it will take a sustained rise in
the pps to entice them to send thier certs back to thier broker.
5. Along comes the filing and hot on it's heals SHO. Now the MM's
that didn't cut a deal with Urban, are forced to pay the price set
by BOTH Urban and friends and the Shareholders. Urban may be willing
to sell his 'fake shares' at anything over .0002 for a profit, but
the average cost of the vast majority of the Shareholders is
considerably higher, enter the 'short squeeze'. This squeeze is
going to take months because you have opposing price pressures
(Urban vrs Shareholders). The pps under a short squeeze, will not
take off to the level required to induce most shareholders, until
Urban has sold all of his comparitively "cheaper" fake shares to the
MM's.
THE KEY TO UNDERSTANDING HOW SHO WILL AFFECT CMKX'X PPS LIES WITH
THE FACT THAT THE 'FAKE SHARES' REMAIN DORMANT UNTIL THE SHAREHOLDER
SELLS THEM. Those 'fake shares' will be activated under SHO when
there is a fail to deliver and the only way a delivery attempt can
be made is if they are sold in the first place. Your 'fake shares'
are invisible to all but the MM's that sold them to you and your
brokerage account, until you hit the sell button. The only way to
make them visible under SHO is to either sell them or to order
certificates, which would also force a fail to deliver if you are
holding 'fake shares'.
To sum up:
1. The two sides of the 'fake share' coin are the seller (MM) and
the purchaser(Shareholder). There is no third side (Urban), that can
affect this transaction. In order for that coin (fake share) to
dissapear (reduce the UTF), the original seller (MM) must buy it
back from the original purchaser (Shareholder).
2. A third party (certificate holder) outside the original 'fake
share' sale, can only legitimize the original transaction, not make
it dissapear. By legitimizing the 'fake share' with a certificate,
that 'fake share' is added to the legal float, so the float stays
the same and does not decrease.
3. In order for SHO to work, CMKX has to be fully reporting AND
shareholders will have to sell thier 'fake shares' to the MM's so
that a fail to deliver will occur. Only then will the MM's be forced
to cover and raise the pps to entice shareholders to sell back
thier 'fake shares' to reduce the UTF. Until then, your 'fake
shares' are invisible (grandfathered) to the world.
I lost my train of thought so I will end it here. All of the above
is MY OPINION based on months of my own DD mixed with the opinions
of others on a half dozen other message boards. I have tried to base
my thoughts on combination of logic and intuitive thinking, tempered
with nothing but the facts. I try not to stray to far into the realm
of speculation but given the scarcity of facts surrounding CMKX, it
is very difficult not to do so and still have something meaningful
to impart.
Fred
_______________________________________________________________
BTW, zen,
I have 400 to 450 CMKX longs at shortsharks who would LOVE to read your posts there as well if you would care to join;
if you do, please set your email to Special Alerts to receive what I consider to be relevant posts about cmkx
hey! It saves time wading through all the boards!
http://finance.groups.yahoo.com/group/shortsharks/join
Ble$$ing$,
jawz_2020
FOCUS on CMKX PPS Development, NOT Mining Development
FAN$!! http://tinyurl.com/4pktb
PLEASE DO NOT THINK THAT THE TRUE FACT THAT IT MAY TAKE YEARS TO ACTUALLY PRODUCE DIAMONDS FROM A MINE HAS ANYTHING TO DO WITH THE EQUALLY TRUE FACT THAT THE PPS OF THE STOCK WILL ROCKET NOT ONLY MONTHS BUT YEARS - YES, YEARS, BEFORE MINING PERMITS ARE EVER ISSUED, MUCH LESS MINING OPERATIONS ACTUALLY BEGIN, MUCH LESS DIAMONDS FROM THE MINE ACTUALLY SOLD.
NEVER CONFUSE THE TIMETABLE FOR THE MINING OPERATION WITH THE TIMETABLE FOR THE PPS RUN IN THE STOCK
I DON'T CARE ABOUT HOW LONG IT TAKES TO GET THE MINE GOING
IN FACT IT IS IRRELEVANT - YES, IRRELEVANT - TO CASHING IN ON THE RUN IN THE PRICE PER SHARE (PPS) OF THE STOCK ITSELF.
THIS IS EXTREMNELY IMPORTANT TO UNDERSTAND FAN$ !!
PRINT OUT THE 4 PAGE PDF DOC FROM THE LINK BELOW
STUDY PAGE THREE
HISTORY PROVES THE PPS HIGH WILL COME YEARS BEFORE MINING PERMITS ARE EVER APPLIED FOR:
JUNE 1993 - PPS HIGH FOR DIA MET MINERALS
2 YEARS LATER: INITIAL MINING FEASABILITY STUDY;
4 YEARS LATER: FINAL FEASABILITY STUDY;
5 YEARS, 4 MONTHS LATER, OCT 1998: OFICIAL OPENING CEREMONY FOR EKATI DIAMOND MINE, CANADA'S FIRST.
NB: THE PPS HIGH ATTAINED 5 YRS, 4 MONTHS BEFORE THE MINE EVER OPENED WAS NEVER AGAIN REACHED.
SO THE TIME-LINE FOR THE MINE IS IDEED IRRELEVANT
WE DO NOT OWN THE MINES, SO FORGET ABOUT THE MINES;
WHAT WE OWN IS THE STOCK, NOT THE MINE
SO, FOCUS ON THE STOCK PPS, NOT THE MINING
LET HE WHO HAS EARS TO HEAR, HEAR.
____________________________________________________
4 page PDF doc - the blue-print for PPS Mt St Helen's Explosion - Hit High YEARS before Mining permits approved!
PRINT THIS OUT ASAP!! note table bottom pg 2, & graph pg 4. note: frequently the link does not work for whatever reason; so SAVE IT and try again later. It DOES work but infrequently - I don't know why. When you finally succeed at getting to the 4 page PDF DO NOT FAIL TO PRINT IT OUT precisely because of the UNreliability of the link.
http://tinyurl.com/597ro
history: Dia Met Minerals peaks +3,100% in 20 mos Oct 91-Jun'93
http://finance.groups.yahoo.com/group/shortsharks/message/12244
From: "jawz_2020" <jawz_2020@yahoo.com>
Date: Thu Sep 2, 2004 4:41 pm
Subject: Oreo Mining Vs Stock PPS Development
How Long to Unfold? PPS can do it in 18 months!
FOCUS ON THE PPS DEVELOPMENT, NOT THE MINING DEVELOPMENT
CHARLES FIPKE'S DIA MET MINERALS (THE ONLY OPERATING DIAMOND MINE IN
CANADA, RESPONSIBLE FOR 5% BY VOLUME AND 8% BY VALUE OF THE PLANETS
DIAMAOND MARKET ANNUALLY) WENT UP 13,100% IN 15 MONTHS FROM OCT 1989
TO FEB 1991
THE PPS RETRACED DRASTICALLY AS GOV'T BEUROCRATIC PERMIT DELAYS HELD
UP THE ACTUAL MINING
ITS PPS RECOVERED LATER BUT NEVER HIT THE HIGH AT THE PEAK OF THE
RUN - YEARS BEFORE ANYTHING WAS EVER MINED
YOU ARE NOT BUYING THE KIMBERLIGHT ORE, SO FORGET IT
THE COMPANY MAY HAVE DELAY IN THE ACTUAL MINING DEVELEOPMENT
BUT THAT WILL NOT MATTER IF YOU'VE ALREADY SOLD ITS STOCK AT THE TOP
YOU HAVE ALREADY BOUGHT THE STOCK
FOCUS ON THE PPS OF THE STOCK
NEWBIES ALWAYS FAIL TO MAKE THIS DISTINCTION
WANNA KNOW THE FUTURE OF MT ST HELEN'S PPS EXPLOSION ?
ALL YOU GODDA DO IZ STUDY HISTORY
STUDY THE PPS GRAPH & CHART ON PAGE FOUR
NOTE TIME LINE OF COMPARISON BETWEEN PPS AND MINING @ BOTTOM PG TWO
HISTORY HAS ALREADY PROVEN THAT CHARLIE FIPKI'S DIA MET MINERALS
DISCOVERY, LATER "EKATI," CANADA'S FIRST DIAMOND MINE, ZOOOMED UP
+13,100 % IN JUST 15 MONTHS FROM NOV 1991 TO MARCH 1992 !!!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
PRINT-OUT THIS FOUR PAGE DOC: http://tinyurl.com/597ro
PRINT OUT THE FOUR PAGE DOC ABOVE IF YOU WANT A BLUE-PRINT FOR THE
MOUNT SAINT HELEN'S CMKX PPS EXPLOSISON !!!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
NOW ORDER THIS BOOK: http://tinyurl.com/6tj3f
(used copies available for only $5 )
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
JAWZ_2020
--- In willywizard@yahoogroups.com, joemonkey_2003 wrote:
> Hey willy, how long do you think it will take for the CMKX saga to unfold? I read somewhere on the CMKX board a while back ago, the entire mining process takes something like 6 or 8 years.
____________________________________________________________________
FYI: ABOVE IN REPLY TO THE MISCONCEPTION THAT IT WILL TAKE YEARS FOR THE CMKX PPS TO REACH ITS HIGH; HISTORY PROVES THAT DIA MET MINERALS HIT ITS HIGH IN MONTHS, NOT YEARS, AND THAT IT WAS ANOTHER 5 YEARS 4 MONTHS BEFORE THE MINE EVEN COMMENCED OPERATIONS.
--------------------------------------------------------------------------------
by freeconn on Dave's CMKX board: http://tinyurl.com/6vlwv
http://www.paherald.sk.ca/news.aspx?storyID=27914
Quote:If the results are favourable, Shore will move to the pre-feasibility stage. Assuming the property is eventually proven feasible, then a mine would be five years away, said Read.
Gives you an idea of how long we will be waiting for CMKX to come up with diamonds. Shore gold is a few phases ahead of CMKX so our diamond mine is probably more than 5 years away. This is why CMKX is adding revenue streams outside of diamonds to increase shareholder value. It is also the reason Urban stated in the Green Barron interview that, "Shareholders should consider CMKX a heritage stock for future generations." CMKX is going to create more than a few millionaires but it's not going to happen for a few years. Will you be one of them, or will you take your few hundred thousand dollar gain in the next year or so.
The big payoff is going to be the dollar per share dividends that CMKX will start paying once we have a profitable diamond mine, not before. The short squeeze will probably be long and slow by design, so the pps doesn't crash and burn in the short term. There will be the inevitable spikes/retraces and fortunes will be made by those that play it properly, but the vast majority of shareholders don't have the rescources (Level2,News services,ect) to take atvangtage of these fast moving anomolies.
My advice to those that are one the fence. Get half your position in certificates and put them in a safety deposit box that is paid up for 5 years. Place a sell order for a third of the rest of your position, at a pps that will give you your initial investment back. Then multiply by 10 and place a sell order for the second third to guarantee yourself a profit in the next year or so. The last third you can sell when ever you need /want some more money.
Heres a link to a timeline for getting an operating diamond mine.
---------------------------------------------------------------------
http://thediamondhunter.com/learning
Quote:Stages in Diamond Exploration
Target :
Primary diamond deposits: kimberlites (or lamproites, much less common)
Preliminary stage - few weeks
Area selection: Diamond-bearing kimberlites tend to be located on Archean cratons, unaffected by any Major tectonic event or granitisation for at least 2,5 billion years. Extensional fracturing, extensions of oceanic transform faults, hotspot tracks, cover of the craton by horizontal sedimentary layers can all be favourable, as is limited previous exploration activity for diamonds.
Stage 1 - 6 to 12 months
Regional survey, using airborne geophysics or regional indicator mineral sampling. Purpose is to find in large cratonic areas, covering several 10,000 square km, magnetic anomalies or indicator mineral trails that may lead to kimberlites. Initially a kimberlite province might be detected of say 30 by 30 km in size.
Stage 2 - 1 to 2 years (depending on number of targets found)
Detailed ground follow-up of magnetic anomalies and indicator mineral trails by ground magnetics, closely spaced indicator mineral sampling, drilling and trenching, in view of discovering the individual kimberlite pipes in the kimberlite province.
Stage 3 - 3 months
After the discovery of a kimberlite pipe, initial samples are sent for microdiamond content and indicator mineral composition to assess possible diamond content and then study of the size distribution of the microdiamonds and extrapolate toward the grade of commercial-sized diamonds.
Stage 4 - 6 months
If microdiamond results are promising, bulk testing of the kimberlites is undertaken to assess the grade of the commercial-sized diamonds and their average value.
Stage 5 - 3 months
If average value content seems better than US$ 40/tonne and near-surface tonnages exceed several million tonnes, start pre-feasibility study, with more drilling, delineation drilling, geotechnical drilling and more bulk sampling to firm up tonnages, grade and value (resources) estimates.
Stage 6 - 6 months
Full feasibility study and permitting (environmental, legal, etc.), with detailed mine planning
Stage 7 - 2 years
Mine and plant construction, infrastructure works
Stage 8 -4 to 6 years from the initiation of exploration, production should start-up.
---------------------------------------------------------------------
As you can see, CMKX is just starting out in this process. Institutional investors are not going to jump on board because of where we are at with diamonds. They will be looking at the revenue streams from going operations like our gold mine in Equador and any other cash flow producing ventures to decide if we are worthy of their capital.
Fred
=====================================================================================
stormcrow on DeBeers & CMKX
on 01/17/2005 at 22:30:34, swordfish wrote:stormcrow24!!! I like your post. In fact, of course DeBeers made a pass at CMKX.
WOW !!!!!!!!!!!!!! I LIKE THIS POSTING !!!!!!!!!!!!!
best, mike @ swordfish168 @
By: stormcrow24 16 Jan 2005, 09:10 AM EST
Msg. 143708 of 144302 in Sterling's Classroom at Ragiung Bull
http://tinyurl.com/5ezos
This "DeBeers" Rumor.....
Apparently there are a few folks who are under the impression that DeBeers may have an offer on the table to buy CMKX; I dunno...could be...if my sources are correct, it wouldn't be the first time DeBeers has made an offer and if it doesn't happen, it wouldn't be the first time the parties involved walked away from the table.
However, I must take this time to lay fingertip upon keyboard to address those who deem the aforementioned rumor as an impossiblity.
Assumption #1: DeBeers is too rich and too powerful to need or make a deal with the likes of CMKX
My response: Anyone who is of the mind that DeBeers has more money and more resources ABOVE ground and in their coffers than God has below ground and lying yet undiscovered, has a skewed and over-inflated idea as to the omnipotence of modern man and has completely underestimated the vast majesty and grandeur of what God has placed on and into our magnificent planet. The idea that there is "nothing new under the sun" may be true in regards to Human nature as illustrated by The Bard in "Hamlet" but Mother nature has some undiscovered treasures; and even dummies like us, on occasion, can surrendiptiously trip over a precious stone or two in our lifetimes.
Compared to the age and time it takes to create the minerals we are attempting to exploit, Man's reign on this earth is thus far fleeting and only just a few moments ago in this planets history, we (including DeBeers ancestors) were dwelling in caves, picking lice out of each others hair.
So please, spare me the crap regarding DeBeers and all of the other "Big boys" turning their nose up at 1.9 million acres of surveyed and potentially mineral rich claims. A discovery is a discovery whether it is made by a blue blood like Columbus or some old, dirty, toothless, 18th century prospector in California; folks will line up and that blue-blood or that toothless SOB will get PAID.
Getting hungry....I will be back to talk about Assumption #2: This is a scam because if we had the goods we would be trading much higher....
talk to ya later and a Hearty Sunday morning BOOOYYAAAKKAAA to ya....Go CMKX
swordfish on DeBeers & CMKX
by swordfish on Dave's CMKX board http://tinyurl.com/5gkfy
stormcrow24!!! I like your post. In fact, of course DeBeers made a pass at CMKX.
There own researchers in 2003 discovered that their own kimberlites in FALC were larger to a "greater extent" then previously thought.
DeBeers is cut throat. They see that CMKX has claims adjacent to their "largest anomoly to date", they're going to:
1. find out who owns the claims adjacent to their "BIG" find otherwise the DeBeers' VP of Research in FALC is "guilty" of deriliction of duty and should be fired. Let's bring this point home with this analogy. If you own land and you find oil, it's pure human nature to find out who owns the land (claims) next to you. So really, it's a no brainer.
2. DeBeers finds out it's some rinky dink POS penny stock that trades OTC and trades for SUB pennies on the dollar. Now they have an "easy mark".
3. DeBeers paid 31 billion to take its company private. What is $15 million to buy up some sub-penny POS jr. mining company. It's like playing the lottery on Saturday night to them. Of course they begin buying shares of CMKX through a predator anonymously.
4. DeBeers completes its study on its anomoly, drills 48 holes in no time and says it's a go. A go as in going forward with making the geological or geophysical models. [source: DeBeers own research report on its own website.] They completed their study in November 2003.. but must have had a good idea by Sept/Oct if not sooner about that area.
5. In an article several years ago [and no way am I going to research where I found it] DeBeers said they regretted not buying all the property/staking claims surrounding their claims. I believe Fipke made this mistake with Ekati.
6. Volume in CMKX goes crazy late August and September and hasn't stopped since so the timing fits.
7. DeBeers moves their top guy in S.A. to Canada. FALC is a major project per their website. Per DeBeers' own research, this could be the largest diamond find in the world or one of the biggest.
8. They accumulate a huge position of stock, maybe bribe some CMKX insiders to come to their side as well. Now they make the pass at CMKX sometime in the spring of 2004. Probably done with a bear hug and that is a letter with threatening undertones insinuating it will become hostile. [this fits in with some comments UC allegedly made at the race in Seattle regarding DeBeers.]
9. CMKX hires Roger Glenn, a notable hostile takeover and M&A attorney in early June. First thing he does is order an audit of shares outstanding. Also don't forget that Edward & Angell take on a "POS" pink stock. What would compell them to do so? I think it was much MORE than the unproven reserves held by Casavant but that was probably part of it. However, more importantly, to FIGHT DEBEERS. Any pretigeous law firm would want to take up a big huge challenge like fighting a DeBeers. Think about it. All the pinky has to do is show them the "letter" from DeBeers making the pass at them and the law firm is probably sucked in on the spot. They're thinking holy cow! DeBeers want this shixt. It must be valuable.
10. What is the first thing Roger does? Well DeBeers obviously owns X percent of shares. So Roger orders audit of shares outstanding.
11. Next, Roger Glenn attacks the raider [DeBeers] using the anti-trust issue hanging over DeBeers' head. What does DeBeers do? They settle it after a decade three weeks later. July 13, 2004.
12. Roger figures out that the shares DeBeers owns are naked shorted shares even though they are "real" for all intense purposes. When Roger sees that he raises the a/s in August by 300 billion.
13. And really here we are. Dividends were declared, alliances were formed. CMKX sold interest in its claims... all part of the defense to a hostile takeover or any takeover for that matter.
14. Roger Glenn proves that there are too many shares and that the DTC and MMs have crossed a major line to allow this to happen.
15. USCA gets halted... and they've been fighting a legal battle with the DTC/SEC/MM ever since. DeBeers becomes a side issue since everybody knows that they have shorted shares.. most likely.
16. DTC/SEC/MM are going to fight too. DTC is caught red handed and isn't just going to lie down. Hence the dividends.
17. DTC/SEC/MMs hope to get something on USCA but fail.
18. And here we sit. Something had to be confronted behind the scenes as all of this comes to light in the fall or October. Well that is what was taking so long.
19. From the looks of things... Roger Glenn and his firm has done a stellar job in fighting these powerful institutions, and winning that war takes care of DeBeers right away. DeBeers knows they don't have controlling interests and maybe posts that little news blurp in the melfort journal.
20. And here we are. I have left out much but thought this would help make sense to those who cannot comprehend why a giant Diamond Cartel like DeBeers would just turn their nose up at anomolies that could be attached to theirs or just more anomolies on the perimeter of their claims that they see as incredibly cheap at SUB pennies on the dollar.
BOOOYYAAAKKAAA to you STORMCROW and thanks for having a logical mind.
WOW !!!!!!!!!!!!!! I LIKE THIS POSTING !!!!!!!!!!!!!
best, mike @ swordfish168 @
__________________________________________________________
Sterling's Classroom at Raging Bull
the original cheerleader board for CMKM Diamonds
http://tinyurl.com/4q88q
see "CMKX Lines Up w Kensington & DeBeers" by jawz2020
in STERLING'S HALL OF FAME @
http://www.sterlingsclass.com/service.htm
The BIG Picture: Maps of CMKX claims, esp Huge Mushroom OREO
CMKX LINES UP with Kensington 122 + 150 & Shore Gold's Star site
http://tinyurl.com/4sjxr
BE SURE TO EXPLORE THE "BEST POSTS" FOLDER AT SHORTSHARKS:
http://tinyurl.com/4kbns
AS WELL AS EVERYTHING ELSE IN THE CMKX FOLDER AT SHORTSHARKS:
http://tinyurl.com/3dn4g
________________________________________________________________
Ble$$ing$,
jawz_2020
fatherck IDs Ownership of Numbered CMKX claims
& also IDs the persons behind ventures with geographical names
WITH Updated Claim Map @ WillyWizard's
FYI, if you want who owns which numbered claims
http://finance.groups.yahoo.com/group/willywizard/message/48615
From: fatherck@a...
Date: Fri Jan 14, 2005 10:06 pm
Subject: (no subject)
101047025 - sask ltd - emerson koch
101053292 - sask ltd - robert sim curtis sim
101059297 - cmkm - urban
101050803 - Nevada Minerals
101020190 - Clair bobkin/the diamond club/Alvin Moen (many ties with Urban)
101023310 - sask ltd - david dillard and rick kusmirski
101027101 - sask ltd - lee and kory klassen
101010307 - sask ltd - cmkm/nevada cindy casavant
Consolidated Pine - Mike Magrum - Rick Walker Rick Kusmirski
DW Ventures - Thomas Andrew Parker and Rick Walker
Explore Resources - Randy and Dwayne Studder (Board of Dir: CFO Robert
Hayocht, Benne Bouchard, and Michele Lemay Luke LaMarsh)
North Sask Ventures - Vernon and Ida Studder
Pan-Alaska Ventures - Bernard Barlin, Colin Bird, Harry Barr, Hubert Marlow, Dewayne Studder
JV Partners:
Shane Resources - Robert McClellan, Edward Corman, Mike Magrum Steven Marx, Rick Walker , Rick Wayne Sanderson
DW Ventures
Pine Channel Gold
USCA - Thomas Moses Mercer - Director - and Director of Lone Star
Technologies - Oil Pipeline Materials.....
________________________________________________________________
http://finance.groups.yahoo.com/group/willywizard/message/48621
From: willywizard2
Date: Sat Jan 15, 2005 3:26 pm
Subject: Interesting CMKX Map Update & MP3
Recently in the PalTalk rooms, "member ateyate" has shared DD that
is interesting. Here is a link to my updated CMKX/related Claims
maps and a mp3 of ateyate explaining claims and ownership
relationships to CMKX and Urban Casavant. This mp3 is very
interesting so enjoy.
Maps were updated today and you can see 101 new claims are added and
more coming from added pending claims.
http://willywizard.com/Profile-CMKX.htm
Rumor has it a filing could be any time for CMKX. Rumor has it the
company is working very hard with an outside auditor to validate a
SEC Filing as quick as they cane get it ready.
Yes everyone I still think CMKX is a "Play of a Lifetime".
LETS RUMBLE!!!! http://tinyurl.com/5bb86 ALLOW TIME FOR IT TO START
Thank you,
Hal Engel aka WillyWizard
Disclaimer is in CMKX Profile: http://willywizard.com/Profile-CMKX.htm
CMKX Sell Guidelines & Spreadsheets
~ WHEN TO SELL GUIDLINES ~ - - - http://tinyurl.com/5bkdf
Excell Spreadsheet by WATYHI
http://tinyurl.com/6l7pe
Excell Spreadsheet by WATYHI - Explanation
http://tinyurl.com/6l7pe
Excell Spreadhseet by jiminy
deducts for taxes
http://freefilehost.com/uploads/Take%20Home.xls
Excell Spreadsheet by Montyhth
may or not be quicker to reference this when thinking about your exit strategy, rather than pick up a calculator
http://freefilehost.com/uploads/CMKX.xls
PENNIES WITHIN A YEAR by Houstontex
http://tinyurl.com/6jduz
GREAT COMMENTS AT CANUCK'S: http://tinyurl.com/5zmjm
Swinging out on a cmkx spike is eXTREMEly RISKY by jawz_2020
http://tinyurl.com/4qqzs
4 page PDF doc - the blue-print for PPS Mt St Helen's Explosion - Hit High YEARS before Mining permits approved!
PRINT THIS OUT ASAP!! note table bottom pg 2, & graph pg 4. note: frequently the link does not work for whatever reason; so SAVE IT and try again later. It DOES work but infrequently - I don't know why. When you finally succeed at getting to the 4 page PDF DO NOT FAIL TO PRINT IT OUT precisely because of the UNreliability of the link.
http://tinyurl.com/597ro
history: Dia Met Minerals peaks +3,100% in 20 mos Oct 91-Jun'93
http://finance.groups.yahoo.com/group/shortsharks/message/12244
DEALING WITH SPIKE VS BUYOUT ON CMKXc by swordfish168
http://tinyurl.com/6579e
see incredulous naked shorts watch in horror as the PPS rises!
wait for images to load, then place cursor at LOWER LEFT CORNER and move diagonally to UPPER RIGHT CORNER
http://www.andyfoulds.co.uk/amusement/economists.htm
If you are thinking about selling it all before $3 click here
http://tinyurl.com/485e7
Valuing Diamond Plays with the Rational Speculation Model
http://tinyurl.com/6shvx
Ye$, a PINK CAN go from 0 to $10
with hard assetts like diamonds and the biggest short squeeze in history
http://www.pinksheets.com/quote/chart.jsp?symbol=CWTD&duration=2-6-9-0-0-512
when CEO's 600 million shares come out of escrow 15 April 2006
Urban Casavant, President of the Company, agreed to place his six hundred million (600,000,000) common shares of CMKI in escrow for three (3) years. (that's an AWEFUL BIG CLUE about his time-table for taking on DeBeers, Fan$) SEC Form 8-K filed 15 April 2003.
http://www.edgar-online.com/bin/edgardoc/finSys_main.asp?dcn=0001117768-03-000018&nad=
when it is on the AMEX and mutual funds start buying it big
after it has gained 30 THOUSAND PERCENT from .001 to $3
http://_mutal_funds_are_for_stupid_people
when the BASHERS DISSAPPEAR
http://www.investorshub.com/boards/read_msg.asp?message_id=3356785
when you can not sleep for worry about it
if you can't sleep you will make an extremely STUPID decision - like selling CMKX
http://You_gotta_sheep_huh_?
How CMKX Lines Up w Kensington & Shore
this is a back to basic valuation type post by jawz_2020 on the Huge 8 x 5 mile Oreo
It consolidates into one thread all the maps, PRs, and mining results from both Kensington @ K150 & K122 as well as the Shore Gold STAR Diamond site and shows by their proximity on the maps how the diamonds ALREADY BEING RECOVERED @ K 122, K 150 & STAR makes the odds of NOT finding comparable diamonds at the Oreo IMHO rediculously small.
This post has been enshrined in Sterling's Hall of Fame:
In the Left margin, click on {"CURRENT ACTIVITY"} @
http://www.sterlingsclass.com
then scroll down till you see:
{"jawz_2020: CMKX Lines Up w Kensington & Shore"}
The above thread is at Canuck's http://tinyurl.com/4sjxr
___________________________________________________________
YES, CMKX HAS THE GOODS !!
THE 2004 SASK MINING REPORT DOCUMENTS THE QUALITY OF THE DIAMONDS COMING OUT OF THE GROUND TO THE SOUTHWEST EVERY FEW MILES ALONG A STRAIGHT LINE!!
The 2004 Sask Mining Report details the results (through Halloween 2004) from both Shore (pages 17-20) and Kensington (pages 20-22).
It is a Published Discussion of BOTH Shore Gold STAR Diamond Project; AND the Kensington / DeBeers JVP results on K 150, K122, K140/141 & others
on pages 17 - 22 in the 2004 Sask Mining Report:
"Saskatchewan Exploration & Development Highlights, 2004"
This is a 29 page PDF doc -
print it out to document the potential of the 2 million acres of CMKX mineral claims.
pp.17 - 20, Shore Gold STAR Diamond project;
pp.20 - 22, Kensington/DeBeers @ FALC;
p.22, CMKX & JVPs @ Smeaton (Carolyn).
http://tinyurl.com/48pme
Ble$$ing$,
jawz_2020
CMKX's trading and implications by Dave aka CMKXtreme
CMKX I think you almost have to agree that the stock is where it is
at as a result of something happening the MM's couldn't control.If
the MM's had control of the pps they would have ran it a few times,
there is no advantage to them just walking it down like this. Look we
all know, and so do the MM's, that CMKX is not going bankrupt and the
with Roger on board shorting is not going to work anymore for them. I
think there was a forced cover, the MM's are now positioning, there
is quite a few retail buys at .0002 and very very few retail sells
at .0001. That would mean there is way more buying pressure and that
the stock is being held here for a reason. I have a feeling the MM's
inventory of CMKX stock was very low and a deal was struck that after
the covering they would be sold stock at .0001 to make a market and
to make enough money to buy back the NSS during a squeeze. I thought
tender offer before seeing the trading lately, but it is suggesting
there is positioning right now and a huge run is coming. When a
person says best chance to rich in stock market history he is right.
It is totally conceivable that we could go to over a dollar in one
day. If drilling results are good and the O/S is 50-80 billion
(that's possible) then didn't Urban say that a 58000 acre parcel may
be worth 50-80 billion dollars. I'm not saying this is a sure thing,
but it's way better than fifty-fifty that we are going to make not
just a little on this but a chit load, but it's a penny and there is
always the chance everything you know in your gut saying it is going
to work doesn't some how. You have to consider yourself lucky CMKX
was trading billions and billions of shares with most being buys and
we still had and have the chance to buy it at rediculously low prices
when there is all this promise. You have to see that the price has
not been in the control of the MM's and that we are the ones who
really benefited from that in the end. We are literally right around
the corner from maybe the biggest stock story in history and I for
one am glad I got to be apart of it. CMKX is going to change your
life soon, lets hope for the good. Now it's time to go to be after a
long graveyard shift, although it sure is hard to sleep these days
isn't it.
Just My opinion.
http://tinyurl.com/4b8f3
FIDELITY REP CONFIRMS HUGE NAKED SHORT ON CMKX
BROKERAGE CUSTOMER SERVICE REPS ARE NOW OPENLY DISCUSSING OVER THE TELEPHONE THE HUGE NAKED SHORT POSITION ON CMKX WITH INVESTORS, CONFIRNMING WHAT HAS HAD TO BE ASSUMED UP UNTIL NOW, OTHER THAN ITS MENTION BY U.C. IN THE JAN 2003 CMKX PR.
Phone Call with Fidelity Rep Today about CMKX
« Thread started on: Jan 12th, 2005, 8:21pm »
--------------------------------------------------------------------------------
by FM on Dave's board http://tinyurl.com/5pqvz
Thought I would tell everyone something we already knew. I was calling in an order today for CMKX and asked about the high vol. on CMKX and to my shock, he started telling me about how the mm's short the pinks to death and then get wind of an up swing and swoop in to drag it down to 0 so they can cover their a@@. But he gave me the long and short on naked shorts and plain shorting on pinks. The end result is it is in the wings of an all time massive short squeeze. So hang in there it is coming!!!
this guy made all the posts come true in about ten mins of talking. Made me glad about buying more shares.
-----------------------------------------------------
That was a rare phone call. That is one good broker. He actually is aware of what is going on with the pink sheet companies. Rather than painting all the pink companies as crooks, he is placing the blame where most of it belongs; on the MM's who manipulate the daylights out of the companies and short them to death. IMO-Debi
_________________________________________________________
THE TIMING OF USCA PR IS THE ISSUE
- NOT THE SEC INVESTIGATION, BUT THE TIMING OF ITS ANNOUNCEMENT -
REMEMBER: "TIMING IS EVERYTHING!!" RIGHT??
USCA PRs 'Continuing SEC Investigation' & comments
THE QUESTION WHICH SCREAMS OUT TO BE ASKED IMHO IS:
Q: "WHY PUT THIS OUT NOW - TEN+ WEEKS AFTER THE TRADING SUSPENSION ?? - & 8+ WEEKS AFTER TRADING RESUMED ??"
FURTHER IMHO, THE ONLY COMMENTS WHICH ATTEMPT TO ANSWER THIS QUESTION - WHICH SCREAMS OUT TO BE ASKED - ARE THOSE BY jpwillyjr & Sterling. Although I suppose that USCA just plain being lazy for 2 months is an hypothetical possibility, unless that is indeed the caase, then I am inclined to go with Sterling. While zen is correct that an SEC investigation is NEVER a good thing, to my mind the investigatin itself is NOT the issue as much as is the TIMING of its announcement.
-----------------------------------------------------------------
http://biz.yahoo.com/bw/050112/125857_1.html
U.S. Canadian Minerals Inc. Announces Continuing Investigation by SEC
Wednesday January 12, 6:52 pm ET
LAS VEGAS--(BUSINESS WIRE)--Jan. 12, 2005--U.S. Canadian Minerals Inc. (Pink Sheets: USCA - News) announced today that on Oct. 27, 2004, the United States Securities and Exchange Commission ("SEC") entered a formal order directing the investigation of U.S. Canadian Minerals Inc. (the "company") by the staff of the SEC. Pursuant to that formal order, the SEC staff commenced an investigation of the company and issued subpoenas to the company, its officers and directors, and others having relationships with the company, which subpoenas required the production of documents and the giving of testimony. The company and its officers and directors have produced documents and given testimony in cooperation with the investigation and intend to continue to cooperate fully in the future. As this investigation continues, the company welcomes the opportunity to answer any inquiries the staff of the SEC may have. As previously disclosed, on Oct. 28, 2004, the SEC announced the temporary suspension of trading in the company's securities. The suspension expired by its terms at 11:59 p.m. on Nov. 10, 2004. The SEC stated that the suspension was because of questions that had been raised about the accuracy of publicly disseminated information concerning among other things, the company's financing and mining activities and the value of the company's purported assets.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
Contact:
U.S. Canadian Minerals Inc., Las Vegas
R. Williams, 702-433-8223
------------------------------------------------------------------
COMMENMTS AT CANUCK'S: http://tinyurl.com/6sq3a
jawz likes this spin on it by jpwillyjr (I like his avatar, too!):
from the PR,
"As previously disclosed, on Oct. 28, 2004, the SEC announced the temporary suspension of trading in the company's securities. The suspension expired by its terms at 11:59 p.m. on Nov. 10, 2004. The SEC stated that the suspension was because of questions that had been raised about the accuracy of publicly disseminated information concerning among other things, the company's financing and mining activities and the value of the company's purported assets."
I can see this as a reminder or assurance that everything is okay. Looking at the pr in reverse it says (paraphrased)
the suspension was due to the accuracy of info released on USCA's financing, mining activities and most importantly the VALUE OF THE COMPANY'S PURPORTED ASSETS.
then reading further up it says
the SUSPENSION EXPIRED BY IT'S TERMS.
This tells me that USCA thought hey, we were investigated by the SEC and it was put out in a P.R. but guess what, in our own defense, we're going to remind everyone everthing is okay w/out giving up any info not ready to be released yet by re-stating the SEC investigation P.R. and bringing to light the fact that the the halt on trading EXPIRED, and was not EXTENDED. Meaning that the info we've released pertaining to our financing, assets, activities, etc. was addressed w/the SEC and was found to be ACCURATE!!
Just another simpleton spin you can put on it........
http://tinyurl.com/6892g
__________________________________________________________________
by JJ Seabrook:
We discussed the trading halt ad nauseum when it happened. We were updated from Chris, as I recall, that USCA had provided the requested documents and about the subpoenas and depositions. We even discussed where they were going to be taken and were advised as to when they would be taken. Hell, we still know more about what transpired back then than what was released in this PR. LOL The only thing we didn't receive back when the suspension occured was a PR. Now we have it. It doesn't make me all warm and fuzzy, but it was definitely time for the company to make a public statement. USCA HAD to PR this information, period. My only question is why they didn't do it back when it was actually news.
To me, the PR did nothing to ease my mind and it did nothing to inform me of anything we didn't already know. Documents were produced. Subpoenas were issued and depostions were taken. The suspension was lifted. Business continues as usual, although the SEC will most likely look at USCA's next quarterly filing with a stern eye so all the I's better be dotted and the T's crossed. You can bet the SEC is going to look long and hard into CMKX's filing also, once that is accomplished. Hopefully we're not going to spend days on end talking about this PR. We spent days on end, actually weeks, talking about the suspension when that occurred. Now that USCA has finally PR'd it, we're doing more of the same. Same song, different day.
JJ
------------------------------------------------------------------
from Sterling:
By: stervc 13 Jan 2005, 08:24 AM EST
Msg. 142845 of 142963 http://tinyurl.com/6guun
My take on the USCA PR...
I think it was a "don't worry" release to the shareholders to let us know that they are putting the finishing touches on the SEC scrutinization.
Think about it, they didn't have to tell us something that we already knew and to include the way they told us too! They were welcoming the SEC for some reason of merit as if they are looking forward to cooperating with the SEC to get the show on the road. It was almost as if they were saying "bring it on SEC" for the public to know and see.
I think these continued SEC scrutinizations are related to the logic of USCA being on the Threshold Security list to where it will reflect that there is a naked short linked to CMKX from the dividend distribution.
This is from the 779+ Billion shares of CMKX that were reflected to have been transacted through the DTC to pay out the USCA dividends. Now if the 75 Billion was initially used to prevent any hostile take-over, then that number was significant for a reason. What if CMKX is about to file with the SEC an OS in that area of 75 Billion? That would mean that we should technically be getting a 10 times the amount increase of our current USCA position than what we already have.
But wait, since the USCA dividends were already paid out, this would mean that the MMs would need to get some extra USCA shares to help them cover now to fix the naked shorted shares of USCA to get the MMs out of this mess they created and to bail them out to get USCA off of the Threshold Security list. Maybe this is why Rendal was selling shares to make sure the MMs could cover. The only other option would have been for USCA to release the shares from the Treasury which would have made more things to obvious that they were doing a deal with the MMs.
This would mean that USCA would have needed to do this to increase the inventory of USCA legit shares to match the inventory of illegitimate CMKX shares created from naked shorting. This justifies an accounting of covering in the eyes of the SEC for the MMs.
Now, when CMKX files the problem is not compounded as USCA is already resolved and the MMs would only need to cover CMKX from the open market and now will be willing to do so with them cooperating and not making the situation worse with USCA in front of the SEC. This is why I think we could have a major run just from the filing alone no matter what's in the filings.
Also, another reason for the SEC scrutinization "could be" to confirm the valuation to be released in the upcoming CMKX filing. They are making sure that everyone one is on the same accord. There is much to discuss on this, but I think that we get the point and the importance of this. Besides, I'm a little pressed for time. These are only my opinions as to what I had seen from that PR.
All is well!
http://www.sterlingsclass.com/
Sterling
------------------------------------------------------------------
By: duediligence12 13 Jan 2005, 09:56 AM EST
Msg. 142870 of 142971 http://tinyurl.com/69xyp
(This msg. is a reply to 142845 by stervc.)
Stervc, interesting post; however, I do not believe that Rendal would sell shares to help the MMs unless there was a good profit in it for his clients. Making money is his job not bailing out MMs that are short. MHO.
------------------------------------------------------------------
Posted by: zeninvestor32
In reply to: None Date:1/13/2005 9:39:26 AM
Post # 27174 http://tinyurl.com/4kxnq
I MUST HAVE MISSED SOMETHING
This amazes me and I'll bite my tongue on commenting further on the post below because I actually believe Sterling means very well and is a stand-up guy. But I find it staggering that anyone would post that a PR indicating subpoenas are being issued to a company's officers and directors by the SEC was meant to ease shareholders' minds so they would not worry. He's said some things that I've disagreed with in the past but this has got to be the most mind boggling of all. While the company may end up ultimately resolving the issues with the SEC, it is NEVER a positive when the SEC is investigating. And there could NEVER be a positive reason to have to put out such a PR. I trust USCA will defend itself against whatever claims the SEC will lodge against them but for anyone to even suggest that shareholders can take comfort in this PR is just plain inexplicable. Here's the post I'm referencing.
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=142845
Back to silent mode.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
__________________________________________________________________
POSSIBLE BACKGROUND INFO: the strange re-release of the closure by USCA of the Nevada Magnetics deal was a mistake; it was released "accidentally" instead of the one on the "continuing SEC investigation" which evidently HAD to be done as a part of "Full Disclosure" requirements.
(NOTE: Evidently Chris, the USCA Investor Relations Rep, is out of the office, and somebody else doing this PR blundered.)
-----------------------------------------------------------------
PR of nevada magnetics Revoked http://tinyurl.com/6tfmy
KILL U.S. Canadian Minerals, Inc. Closes Acquisition of 100% Interest in Nevada
Magnetic
Material, Inc.
Business Editors
--(BUSINESS WIRE)--U.S. Canadian Minerals requests that their
press release BW6050 issued Jan. 11, 2005 entitled "U.S. Canadian
Minerals, Inc. Closes Acquisition of 100% Interest in Nevada Magnetic
Material, Inc." be killed.
The wrong release was issued in error by U.S. Canadian Minerals
Inc. A revised version of this press release will be issued later
today.
--30--SIG/ix
CONTACT: U.S. Canadian Minerals, Inc.
R. Williams, 702-990-3672
__________________________________________________________________
By: kevinw777 13 Jan 2005, 08:08 AM EST
Msg. 142841 of 142969 http://tinyurl.com/6r6ek
Jump to msg. #
Good morning everyone. Here is the way I see it from the PR last night by USCA.
On E-trade, the news for USCA shows that the PR about Nevada Magnetic was killed. It states that a new PR will be issued later. This was only 2 minutes before the PR about the SEC investigation.
IMO, here is what happened. The PR put out Tuesday evening was a PR that was being worked on and accidentally was sent to Businesswire instead of the PR that was released last night pertaining to the SEC investigation. I believe that the SEC investigation PR was supposed to be released first to meet the requirements of "full disclosure". (phxgold actually reminded me of this, thanks phxgold)
I have been dealing with private offerings in securities for the last several years and know that "full disclosure" is demanded more and more to stay within the letter of the law. I believe that Roger Glenn wrote that SEC investigation PR to cover the "full disclosure" requirements so that we can move on. The SEC investigation will be ongoing until the SEC decides to move on and leave all alone. The SEC even states on their website that they don't notify anyone when an investigation is completed.
So here it is.... USCA puts out the PR of the ongoing SEC investigation and we are in compliance with the "full disclosure" requirement. Then USCA starts putting out PRs with more substantial information like the one that wasn't finished and came out before it was supposed to about Nevada Magnetics. That PR had differences in quantities of gold and silver that really makes a huge difference in the revenue picture. CMKX files all the way thru 4th quarter 2004. CMKX gets added to SHO and then CMKX announces their business plan including the many more JR partners and share dividends.
Now, the world is on notice of the naked shorts (evidenced by SHO).
The "big fish" (Willy's wales) are coming in based on filings and business plan.
The MMs know they have to cover fast because of buying pressure and more stock dividends coming down the pipe.
I believe that Roger will have stock dividends coming down one right after the other. If MMs don't cover by xx day, then a stock dividend. If they don't cover in xx days more... another stock dividend. So on and so on until the MMs get this NSS problem fixed.
These are my thoughts of what is going on. I believe we are fine and it is all finally coming to a close. The PR that everyone was upset with last night from USCA was really a good thing and a final step to put the SEC halt situation behind us.
Know that there is more bashing than ever going on right now and that the bashers are changing the way they attack everyday now. This is a good sign!!! They are desperate. When rumors go from rumors of good things happening to rumors of bad things happening (as we have noticed lately), then they are on their last hope of getting us to drop our shares. Nothing has worked for them so far... they (bashers working for shorters) are trying everything in the book. Don't fall prey to their evil doings. Stand strong and remember that WE HAVE THE GOODS and that the good side gets to win this battle!!!
All imo, of course.
God Bless Everyone,
KW
___________________________________________________________
Regards,
jawz_2020
CMKX's trading and implications by Dave aka CMKXtreme
CMKX I think you almost have to agree that the stock is where it is at as a result of something happening the MM's couldn't control.If the MM's had control of the pps they would have ran it a few times, there is no advantage to them just walking it down like this. Look we all know, and so do the MM's, that CMKX is not going bankrupt and the with Roger on board shorting is not going to work anymore for them. I think there was a forced cover, the MM's are now positioning, there is quite a few retail buys at .0002 and very very few retail sells at .0001. That would mean there is way more buying pressure and that the stock is being held here for a reason. I have a feeling the MM's inventory of CMKX stock was very low and a deal was struck that after the covering they would be sold stock at .0001 to make a market and to make enough money to buy back the NSS during a squeeze. I thought tender offer before seeing the trading lately, but it is suggesting there is positioning right now and a huge run is coming. When a person says best chance to rich in stock market history he is right. It is totally conceivable that we could go to over a dollar in one day. If drilling results are good and the O/S is 50-80 billion (that's possible) then didn't Urban say that a 58000 acre parcel may be worth 50-80 billion dollars. I'm not saying this is a sure thing, but it's way better than fifty-fifty that we are going to make not just a little on this but a chit load, but it's a penny and there is always the chance everything you know in your gut saying it is going to work doesn't some how. You have to consider yourself lucky CMKX was trading billions and billions of shares with most being buys and we still had and have the chance to buy it at rediculously low prices when there is all this promise. You have to see that the price has not been in the control of the MM's and that we are the ones who really benefited from that in the end. We are literally right around the corner from maybe the biggest stock story in history and I for one am glad I got to be apart of it. CMKX is going to change your life soon, lets hope for the good. Now it's time to go to be after a long graveyard shift, although it sure is hard to sleep these days isn't it.
Just My opinion.
http://tinyurl.com/4b8f3
woodrots - while I previously shared your thoughts, it is now my understanding that SHO would require any MMs short GEMM to deliver within days, not months - regrdless of the fact that the shares are restricted.
AFaRT SCAM Continues as Global Materials & Services Inc
REVERSE SPLIT NUMBER SIX !!!!!!
FYI: THIS IS WHAT A SCAM IS (CMKX is a blue chip Cf to this POS)
The following PR was released January 10th, 2004. This is an
IMPORTANT FYI in case you missed it! Since the release, Yahoo has in
fact updated their financial content information.
http://www.prweb.com/releases/2005/1/prweb195673.htm
DanceswithBulls.com Advisory - Global Materials & Services Inc -
Buyer Beware
Global Materials & Services Inc. (OTCBB: GMSV) under various prior
corporate identities has continuously repeated the pattern of (1)
Reverse Splitting their company shares (2) Issuing press releases to
attract new investors, (3)Authorizing large amounts of shares via S-8
filings for employee incentive plans which are (4)Sold into the
market, increasing the number of common shares traded and hence (5)
Rendering the shares held by all previous investors worthless.
A reverse-split is a reduction in the number of a corporations shares
outstanding that increases the par value of its stock or its earnings
per share. The market value of the total number of shares (market
capitalizations) remains the same at the time the Reverse-split takes
place. For example, a 1:2 reverse split means you get half as many
shares, but at twice the price.
The following is a Reverse-split history for Global Materials &
Services Inc.:
AFRN 1:2000 R/S 01/06/2005
AFRN 1:2000 R/S 11/01/2004
AFRT 1:250 R/S 09/01/2004
AFRR:1:250 R/S 03/22/2004
AMFR 1:200 R/S 06/27/2003
AFRC 1:10 R/S 09/12/2002
An example of a Press released used to attract new investors AFRT
Blazing the Trail was released on March 22, 2004 the very same day a
1:250 R/S occured.
While the market value of the total number of shares remains the same
at the time the Reverse-split occurs, dilution or selling of
additional shares into the market by individuals issued S-8 shares
has in 100% of the Reverse-split occurences resulted in a loss of a
majority of the value of all prior investor holdings.
A Form S-8 allows a public companies to register shares that have
been, or will be, issued to directors, officers, employees and
consultants - instantly, with minimal disclosure. It becomes
effective immediately after it is filed with the SEC - before it is
reviewed by anyone. The shares are registered and may now be sold.
Let the buyer beware.
The company is not required to identify the individuals who will be
receiving shares. Instead, the shares may be registered for a
generic "Employee Benefit Plan." Which employees will "benefit" from
that plan? The company is not required to identify the potential
recipients when the Form S-8 is filed. The most recent S-8 filing
under a prior corporate name was on October 15, 2004.
The recent Reverse-split by Global Materials Servics Inc (OTCBB:
GMSV) has also in essence concealed historical prices and press
releases as updated by Yahoo and other Financial Content Sites. In
essence, financial content information of prior company names is
unavailable for unsuspecting investors to review. A 3 year stock
chart found at stockcharts.com will however reveal that the numerous
Reverse-splits by the company would have hypothetically resulted in
an investment of several hundred thousand dollars (exact price
unknown) for one share of GMSV a few years ago.
While historical price data, PRs, and SEC filings may be difficult to
research on many financial content sites, you will find a majority of
recent information in the Due Diligence forums of
http://danceswithbulls.com .
Before you invest in any publicly traded company, make sure you do
your due diligence. It is not a single press release, sec filing,
company or market event that determines the price and price movement
of a stock on any particular day. Rather, it is the ongoing
dissemination of information and events from various sources into the
market that constantly alter a companies stock price.
Whether you are new or experienced in the stock market, you can find
ongoing and updated due diligence and discussions of the developments
of over 1000 popular public traded companies by thousands of
investors at http://danceswithbulls.com each day.
Safe Harbor Disclosure:
Any and all DanceswithBulls.com stock profiles contain or incorporate
by reference "forward-looking statements," including certain
information with respect to plans and strategies of the featured
company. As such, any statements contained therein or incorporated
therein by reference that are not statements of historical fact may
be deemed to be forward-looking statements. Without limiting the
foregoing, the words "believe(s)," "anticipate(s)," "plan(s)," "expect
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thanks to molesses @ SHAKERZANDMOVERZ
http://tinyurl.com/53vt5
WHEN WILL THE S.E.C. SHUT DOWN THIS FRAUD COMPANY?
WHEN WILL THE CLASS-ACTION LAWSUIT BE FILED?
HUH ???
2004 Sask Mining Report Out
"Saskatchewan Exploration & Development Highlights, 2004"
this is a 29 page PDF doc -
print it out to document the potential of the 2 million acres of CMKX mineral claims.
pp.20 - 21, Kensington/DeBeers @ FALC;
p.21, CMKX & JVPs @ Smeaton (Carolyn).
http://tinyurl.com/48pme
thankyou lenjr21 for this find!!
Ble$$ing$,
jawz_2020
NOBODY IS SELLING GEMM
GEMM CLOSED @ .054 MONDAY
OPENED @ .054 TUES AM
1 Day @ Pink Sheets .com
http://tinyurl.com/6j6mt
http://finance.yahoo.com/q/bc?s=GEMM.PK&t=1d
http://finance.yahoo.com/q/bc?s=GEMM.PK&t=5d
NOBODY IS SELLING, EITHER!
VOLUME WAS ONLY 29,032 AFTER THE FIRST 25 MINUTES!
THE ASK AT .058 JUST GOT HIT, SO NOW VOL IS AT 37,032
WHOEVER WNATS MORE GEMM IS GONNA HAVE TO UP THE BID
IMHO!!
1 mo Money Flow & Accum / Distribution, 8 day BBs, 8 day SMA,
http://tinyurl.com/4w3zg
1 mo ADX, RSI, 8 day BBs, & Zig-Zags
http://tinyurl.com/3qqpp
jawz_2020
SEE MORE CHARTS AT
http://www.investorshub.com/boards/read_msg.asp?message_id=5066971
USCA level II @ http://tinyurl.com/6wmlo
CMKX Filing Awaiting Final OK by UC & Roger
just spoke to andrew!!!!!!
« Thread started on: Today at 3:01pm »
www.tinyurl.com/696rp
hey guys,
just got off the phone with andrew hill and he told me that we definetely have the vise on the mm's and that the paper work is just about done all we need is for Roger to give it a final look and also the appropriate people like Urban to give it a final look and away it goes!!!!!!!!!!!
he also said that he thinks that we should see a .0002 bid and .0003 ask by the end of the week and that the PR about the 75 billion was a HUGE PR and should be taken as such. it was aslo a psychological PR for the mm's!!!!!!!!!!
thats about it for now i wish i had more but i dont!!!
oh, he also said that we probably wont see another PR till the filing!!!!!!!!!!!!!!!!!!!
RUSHONE
GEMM Jump$ Up +150% @ $0.065
charts also on Dave's board http://tinyurl.com/6qunk
http://tinyurl.com/4tz52
1 Day @ Pink Sheets .com
http://tinyurl.com/6j6mt
5 Day @ Yahoo
http://finance.yahoo.com/q/bc?s=GEMM.PK&t=5d
1 mo Money Flow & Accum / Distribution, 10 day BBs, 16 day SMA,
http://tinyurl.com/3wv97
1 mo ADX, RSI, 10 day BBs, Zig-Zags
http://tinyurl.com/5yprm
3 mo MACD, Aaroon Oscillator, 10 day BBs, 16 day SMA
http://tinyurl.com/6guff
3 mo ADX, RSI, 10 day BBs, Zigh-Zags
http://tinyurl.com/4atbs
6 mo Money Flow & Accum / Distribution, 10 day BBs, 16 day SMA,
http://tinyurl.com/45ssh
3 mo buysellorhold
NOTE: You MUST change the Date in the URL to see the current chart
http://tinyurl.com/3hp9j
Gallery @ Stockcharts.com
http://stockcharts.com/gallery?GEMM
T A tutorial
http://www2.barchart.com/support/learning.asp
'E' Came OFF PRVH.ob 3 Jan 2005 - watch it
"E" has come off PRVH.ob which hit a Low of .07, Dec 31
http://biz.yahoo.com/iw/050103/078342.html
Providential Holdings Resumes Trading Status and Announces Corporate Update
Monday January 3, 2:30 am ET
HUNTINGTON BEACH, CA--(MARKET WIRE)--Jan 3, 2005 -- Providential Holdings, Inc. (OTC BB:PRVHE.OB - News) (Berlin: PR7, WKN 935160), www.phiglobal.com, resumes its normal trading symbol "PRVH" effective today, as a result of its current filing status with the SEC, and issues an update on the Company's operating plan.
The Company has taken steps to increase its M&A advisory activities in the US, China, Korea and Vietnam. During the month of December 2004, the Company successfully assisted Mirae Tech Company, a Korean corporation, in its business combination plan with Rapid Bio Tests Corp, a fully reporting publicly traded company. We also co-hosted seminars with the International Center for Training and Consulting under the Ministry of Trade in Ho Chi Minh City and with Chu Lai Development and Investment Company in Tam Ky, Vietnam, to provide consulting and M&A advisory services to Vietnamese businesses. We have negotiated with several potential M&A clients and targets in Vietnam as well as in the US and are hopeful that we will be able to consummate one or more transactions during the current quarter. We will be reporting revenues for the services rendered in connection with these transactions as they occur.
We have extended our transaction with Tulon Pacific and will continue working diligently to conclude this acquisition as soon as possible and grow the cutting tool business as an important component of our portfolio.
Due to some constraints beyond the Company's control, we were unable to send out the share dividend distributions from some of our subsidiaries before the end of December 2004 as previously planned. However, we are currently coordinating with the related parties to finish these distributions as quickly as possible. We believe it is extremely important to formulate appropriate strategies to create value for these spin-offs and take them public to provide liquidity for our shareholders. Though it has taken longer than anticipated, we will continue pressing forward to accomplish these goals.
Our majority-owned Provimex-HTV Joint Venture Company, which focuses on providing cooking gas and related gas supply equipment to high rise buildings and premium housings in Vietnam, has landed several sizable contracts and will start operation this quarter.
We will continue to work with Smart Technologies & Investments, Ltd., a Hong Kong-based company with subsidiary factories located in mainland China, to acquire a substantial interest in Smart Battery International, Ltd., a battery manufacturing company using an environment-friendly technology.
While we strongly believe that the Company has a tremendous upward potential in the long run, we want to caution our readers that investing in our company, or any company on the OTCBB or the Pink Sheets for that matter, can be very risky and such an investment may not be suitable for everyone. Actual results may take longer to materialize or differ materially from those projected due to unforeseen circumstances.
Our commitment is to manage for enduring long-term shareholder value and focus more on areas with high returns on equity and competitive advantage.
About Providential:
Providential Holdings (www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Contact:
Contact:
Providential Holdings
Timothy Pham
714-843-5456
http://www.phiglobal.com
____________________________________________________________________
NEWS - http://finance.yahoo.com/q/h?s=PRVH.OB
PRVH GOT TAGGED WITH AN "E" 4TH WEEK IN OCT 2003 THAT STAYED ON WAY TO LONG
http://finance.groups.yahoo.com/group/shortsharks/message/13995
THE "E" HAS JUST COME OFF TODAY (I THINK) 3 JAN 05, AND IT IS AT .09 NOW, UP 2 CENTS AFTER A LOW OF .07 DEC 31
The "E" has evidently come off, as it is trading today, Jan 3 2005 as
PRVH.ob http://finance.yahoo.com/q/bc?s=PRVH.OB&t=5d
http://stockcharts.com/gallery?PRVHE
STEADY ACCUMULATION ALL FALL http://tinyurl.com/4jhds
http://tinyurl.com/6xyxa
Recent CandleStick Analysis: Very Bullish <<<<
Date Candle
Dec-31-2004 Inverted Hammer
Dec-28-2004 Homing Pigeon
Dec-27-2004 Hammer
http://tinyurl.com/6qcar
support at 0.08 and 0.06 - the Oct 2003 lows
resistance at 0.12 and 0.13
NOTE: If necessary, CHANGE DATE IN THE URL TO SEE CURRENT CHART OF BUYSELLORHOLD CHART URLs
buysellorhold to Oct 19 (before "E") - http://tinyurl.com/6rgfh
buysellorhold since "E" Oct 20 2003 http://tinyurl.com/4pzp9
PRVHE HIT A Low of .07 Dec 31, 2004
Providential Holdings (OTC: PRVH.ob)
One-stop Link for everything: http://tinyurl.com/6gou8
FOLDER @V SS: http://tinyurl.com/4hho6
Charts - http://tinyurl.com/6gou8
Ble$$ing$,
jawz_2020
____________________________________________________________
join Short Sharks for more great swing trading ideas
Please set your email preference to {Special Alerts} when you
http://finance.groups.yahoo.com/group/shortsharks/join
be sure to explore the LIBRARY of LINKS
click on {LINKS} in the left margin from hoe page
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Will SEC protect the Shorts ???
STOCKGATE TODAY last paragraph and link
The threshold list is presently at 1000 companies with the
demographics being heavily swayed in the direction of the small
business issuers. According the Conference call earlier this month
there are 50 - 60 NYSE Companies, 100 AMEX, 100 NASDAQ, and 800
OTCBB/Pink Sheet Companies. It is now the intent of the SEC to get
this number reduced as much as possible prior to the January release
into to the public. To do this Regulators have been providing this
list to the Industry ahead of the public. The SEC has also begun an
accelerated effort to de-list as many pink sheet companies as
possible prior to January 10th in order to further reduce problem
issuers. To date, they have taken better that 50 off the board in
the past 6 months. A de-listed company, with excessive fails on the
books, is a bailout of the financial liabilities to these Wall Street
firms. They never have to settle bad trades. A de-listing will only
leave investors suffering as they succumb to 100% losses in their
investments.
http://www.investigatethesec.com/DP281205.htm
NOTE:
{"The SEC has also begun an accelerated effort to de-list as many pink sheet companies as possible prior to January 10th in order to further reduce problem issuers. To date, they have taken better that 50 off the board in the past 6 months."}
Twas the La$t Day of Trading . . .
http://finance.groups.yahoo.com/group/shortsharks/message/15193
ODE FROM A FAN:
From: bryedge1
Date: Fri Dec 31, 2004 10:19 am
Subject: T'was the Last Day of Trading
T'was the last day of trading,
in two thousand four.
All the shorters were nervous
and watching the Floor.
The Longs were a twithin'
with real anticipation,
with hopes that SHO
would fix the situation.
All the lawyers had filed, brief after brief,
with hopes that their efforts would soon bring relief.
With Patch at the keyboard and explaining Today,
moderators were busy spreading what he would say.
With every CEO that knew not what's the matter,
willy and jawz would only increase the chatter.
From out of the Blue, Sterling's class would abound,
with good information why all was good and sound.
Offshore the bare shorters would claim "there's no fuss",
While deep down inside, they knew the jig was up.
The bashers were struggling and feeling all abandoned,
Their naked partners had left no place for standin'
For years the "good guys" knew, there was plenty of greed,
while the "bad guys" continued to cut company needs.
They wanted a fix to make things all better,
but their lack of involvement made them look like a Setter.
Now the Truth had come forward and could not be held back,
and Dale still had plenty, still in his sack.
The trading was furious in attempts to find Cover,
but nothing could be done to smooth Their deeds over.
Then far in the distance and growing much louder,
was the call for all shorters to go take a powder.
From kooth, easyanswers, and the JackMaster too
came a call to investors to do what they could do.
The day had been long and the course was but certain,
naked shorting was over and seeing the curtain.
For with the sound so clear of the last closing Bell,
Justice was expected, but alas, time would tell.
El Camino on "The January Effect"
Peeking into 2005 http://www.zoomingstocks.com
http://tinyurl.com/4nowu ">http://tinyurl.com/4nowu " />
Looking ahead to overall market performance for 2005, is as simple as looking at the past. One of the key trends that we see is that over the past 34 years of the NASDAQ's existance, January overall has appeared to be the top performing month with a 134% accumulated increase for that time period. Out of those 34 years, 24 of them were up years and 10 were down years. Consequently, the preceding months of November and December have also been up months during those years.
Now we have all heard of the "January effect" where small cap stocks tend to outperform big caps in January. In recent years, analysts have concluded that the "January Effect" in fact begins in December. They took 26 years of Russell 2000 index of smaller companies and divided it by the Russell 1000 index of largest companies. Then they compressed the 26 years into a single year to show an idealized yearly pattern. The conclusion was that the small caps stay on the sidelines during a typical year while the large companies trade very actively until December when the smaller companies take over and take off. This begins about mid December. Therefore, right now, the bargain basements are still open for business and the opportunity to purchase stocks that will take off in January.
Let us talk about a few more trends starting with the first month of a quarter being the most bullish for the DOW, this trend does not always hold true for the NASDAQ. Another interesting trend is the fifth year of a decade which affects all markets. Studies reflect that there has not been a single losing "fifth" year of a decade in the past 120 years. 2005 is that year and much remains to be seen, as this is also a post-election year so we must remain cautious of our investments this year since the weakest year of any four-year cycle is after a presidential election. The key will be to check out the January "early warning system" which is viewing stock market performance in the first five days of the year. As the saying states "as goes the first five days, so goes the month", and "as goes January so goes the year".
Remain vigilant for buying opportunities in the market and plan your profits ahead of time. Know when it is time to sell. A popular and simple tool used by many investors is the MACD, (Moving Average Convergence Divergence) indicator. This helps you to time your entries and exits into and out of the best six months of the year. Results have shown that using this method has helped many investors to triple the results of their investments.
For further details on this six-month switching strategy, visit Stockcharts.com at
http://www.stockcharts.com/education/IndicatorAnalysis/indic_MACD1.html
http://tinyurl.com/63bgd
11 Dividend $tock$ Yielding 16.86%
http://tinyurl.com/6botb
after cmkx runs, deposit $60k in 11 dividend stocks - over-weighted in the higher yielding stocks - earning an average of 17% to DOUBLE your money in only 4.2 years:
EG:
LEGEND FOR NUMERICAL ENTRIES FOR EACH STOCK:
1) # of shares
2) ticker
3) price on 23 Dec 04
4) % YIELD
5) % PROFIT (these stocks will be here in 3 years at DOUBLE the PPS - LO I TOLD YOU)
6) P/E
#SHRS $COST % Yield % Profit P/E
100 NFI $555.71 10.1% 57.9% 11.96
100 BPT $48.21 10.84% 98.7% 15.3
400 LUM $12.00 14.24%< 81.9 % 7.4
120 NAT 39.04 11.14% 80.2% 9.3
120 VLCCF $36.49 11.0% 58.3% 10.95
1000 OMS $8.84 30.98%< 65.2% 18.9
250 PBT $13.89 10.06% 98.8% 17.1
150 SFF $33.10 11.36% 95.4% 11.5
1000 TELOZ $10.02 25.44%< 84.6% 13
300 TIRTZ $8.01 12.55% 88.6% 11
400 BMM $15.55 13.9%< 51.3% 14.85
with the number of shares indicated, the total invested basis = $ 59,507.10
The total dividends from these 11 stocks = $10,046.82
making the effective YIELD = 16.866 %
THESE STOCKS WERE ALL JUST AS PROFITIABLE 2+YEARS AGO, WHEN THEY WERE YIELDING 20% PLUS
THE PPS HAS DOUBLED OVER 2 YEARS, CUTTING THE EFFECTIVE YIELD IN HALF
BUT THEY REMAIN JUST AS PROFITABLE; THEREFORE, THE PPS SHOULD CONTINUE TO RISE IMHO
IF YOU MULTIPLIED THE NUMBER OF SHARES PURCHASED BY TEN,
YOU WOULD HAVE A BASIS OF 600 K (vs 60k) WITH A TOTAL IN DIVIDENDS OF $100,000+ TO LIVE ON
(that's enough for po white trash like jawz.)
OR DON'T SPEND IT TO DOUBLE YOUR MONEY IN 4.2 YEARS ACCORDING TO THE RULE OF 72
ALTHOUGH THE ARITHMATIC IN THIS EXAMPLE STRONGLY PIONTS TO 6 YEARS @ 16.866%
(6 x 100k = 600K BASIS)
BUT THAT'S STILL A YEAR SHY OF 7
SO, FAN$, THERE ARE YOU 11 MOST PROFITABLE DIVIDEND STOCKS TO AVERAGE AN EFFECTIVE YIELD IF
16.86%
MOST ALL ARE TRUSTS SET UP TO PRODUCE INCOME
MOST ARE ENERGY TRUSTS
SOME ARE MORTGAGE TRUSTS
LOOK HARDER AT THE MORTGAGE COMPANIES
ENERGY COSTS ARE HERE TO STAY, WHEREAS REAL ESTATE IS FRAUGHT WITH PERILS TIED TO THE ECONOMY
Merry Christma$
PS
DOUBLE CHECK THIS YOUR SELF
go to Yahoo Finance
click on "Screener" - THE SIMPLE HTML VERSION
enter MINIMUM YIELD 10%
MINIMUM PROFIT @ 50%
ENTER
THESE 11 TICKERS ARE THE RESULT
i did this 2 same exercise 2 years ago
thjese same stocks came up
except that THEN, they were 1/2 or 1/3 the cost they are NOW
but just as profitable!!
Back in Feb 2003 I identified for GRANNY several DIVIDEND stocks
paying cash divs monthly, yielding 20%+ / yr
the PPs of these has also grown because they had profits of 60%+
THE PPS HAS MORE THAN DOUBLED ON MOST OF THESE, CUTTING THE CURRENT
YIELD TO ABOUT 10%
TRU http://finance.yahoo.com/q/bc?s=TRU&t=2y
PBT http://finance.yahoo.com/q/bc?s=PBT&t=2y
RVT http://finance.yahoo.com/q/bc?s=RVT&t=2y
MSB http://finance.yahoo.com/q/bc?s=MSB&t=2y
DOM http://finance.yahoo.com/q/bc?s=DOM&t=2y
LRT http://finance.yahoo.com/q/bc?s=LRT&t=2y
TIRTZ.ob http://finance.yahoo.com/q/bc?s=TIRTZ.ob&t=2y
CONCLUSION: SCREEN FOR DIVIDEND STOCKS YIELDING 20% THAT ALSO HAVE A
PROFIT OF 60%. Being so profitable will sustain the PPS to preserve
the Basis, weeding out the losers, and should point to a rising PPS.
Then even if the stock PPS DOUBLES, its STILL yielding 10% + for cash
income, and you've ALSO DOUBLED your money!! Yep, Granny's boring
dicidend stocks sure are cool !! HUH ??
I also mentioned 2 tanker stocks Feb 2003 before the Iraq War
VLCCF http://tinyurl.com/4g9zz
NAT http://tinyurl.com/4nj9a
GOTTA SAY IT:
"LO, I TOLD U!!"
jawz_2020
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http://finance.groups.yahoo.com/group/shortsharks/message/15128
From: "jawz_2020" <jawz_2020@yahoo.com>
Date: Sat Dec 25, 2004 10:44 am
Subject: Re: 11 Dividend $tock$ Average Yield = 16.86% for GRANNY
One of the Fan$ at ShortSharks learned so much that he became a Day Trader, got licensed, and moved to FortWorth, TX to work for a Trading Firm as a PRO Day Trader playing with the companty's money all day.
He is ROBBIE & still posts at my group every so often.
--- In shortsharks@yahoogroups.com, "Robbie Kirkpatrick MacGregor" wrote:
>
> jawz u can also get a basket of low PEG ratios and do quite well.
> also you can simply buy a basket of high relative strength stocks
> over $5 and do well also. when i first started learning about the
> market i made up a couple fake portfolios on yahoo finance and the
> best performing ones by far are the low price to earnings growth
> stocks and the high relative strength stocks. they far outpace the
> high yield stocks.
THAT'S WHAT I TRIED TO TELL GRANNY !!
I SAID, "GRANNY - YOU CAN LIVE OFF OF CAPITAL GAINS JUST AS EASILY AS
DIVIDENDS, YA KNOW? HUH??"
BUT GRANNY IS AN OLD DOG AND PREFERS THE GUARANTEE OF STEADY
DIVIDENDS FOR HER INCOME.
AND WHEN THE PPS GOES UP 50% PER YEAR IN THE PROCESS,
SHE COMPLAINS THAT THE YIELD DECLINES!!
"THESE WERE ALL YIELDING 20+% 2 YEARS AGO!!"
GRANNY HAS COMPLAINED THAT HER DIVIDEND INCOME HAS BEEN REDUCED, FORCING HER TO SELL SOME
SHARES;
"NOW I GOTTA PAY CAPITAL GAINS TAXES!" GRANNY ALSO COMPLAIN$.
(GRANNY IS A CONFEDERATE PATRIOT AND FEELS A MORAL DUTY TO DENY TAX REVENUE FROM THE YANKEE FEDERAL OCCUPATION GOVERNMENT.)
GRANNY HAS ALSO COMPLAINED THAT THE BURGEONING CAPITAL GAINS ARE COMPLICATING HER ESTATE PLANNING!
"WELL, GRANNY, THESE ARE GOOD PROBLEMS TO HAVE!!" IS ALL I CAN SAY.
Happy New Year!!
Ble$$ing$,
jawz_2020
Jawz makes Sterling's Hall of Fame!
[size=20]CMKX Lines Up with Kensington & Shore[/size]
http://tinyurl.com/4sjxr
[size=20]iz Enshrined in Sterling's Hall of Fame!![/size]
http://sterlingsclass.com/service.htm
thank$, O Great One!!
[size=20]Jawz Enshrined in Sterling's Hall of Fame!![/size]