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janice
Well if that's the time frame then I'm pretty sure the stuckholders are the ones who received the shares. What I'm really curious about is how CMKX got so far into debt when they were selling so many shares and doing so little in the way of exploration. Better to make your money selling shares into a promotion then playing around with debt .
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janice
Do you know when this was suppose to have happened ? I'm curious if it was before Urban stopped filing and went Pink or if it was later on.
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janice
I have a feeling that the 360 people are actually the stuckholders who financed Urban at the start of this circus , and provided the initial funds for the claims and for buying the CyberMark shell. I've heard numerous stories of the early investors receiving additional shares as the price of the stock continued to drop and they complained and threatened Urban with legal actions. I've wondered how he handled the topping up of those shares and how he was going to explain it in the filings . When you consider that most of the early investors paid between $ .005 - $ .01 a share then would have expected that a lot of shares were required for the topping up.
" Good point. How could 360 people have been involved in what they were doing in early 2003? Far as I know they weren't doing ANYTHING in early 2003. "
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gump
I suspect the shares you are discussing were actually sold by or for the extended Casavant family and friends who had been previously listed as holding the original claim holdings . Urban was living from week to week back in the fall of 2003 and was paying for the option agreements with Walker in dribbles of a cheque here and there. He was peddling shares to who-ever would buy them to keep the ball rolling at that time . I know for a fact that many of the Casavant extended family members were having major financial problems due to investing in Urban's scheme at that time . But things have certainly changed in the last year and many seem to be out of their previous financial mess. I'd guess that a great deal more shares were passed around then originally provided in the previous agreement since the share price was much higher at that time. The amount of shares that they previously received wasn't a great deal when the share price continued to fall to the $.0001 level. So it seems that somebody managed to divy up additional shares to the above group.
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janice
I'll be very surprised if the records don't exist . But I'm quite sure that they weren't maintained or kept by Urbie but by the same person who's apparently transporting them around. Some of these players involved here would always have some leverage in their back pocket over the rest of the den of thieves.
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Hello arete
It won't be Urban who makes the deal or turns over the records. I suspect that one of the others who came under scrutiny much earlier will be the one who provides the lost records. We would most likely be amazed at the way some have rolled over during their investigation. Since you where at the hearing , did it seem that Urban and crew were less than friendly to each other ?
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janice
I have a feeling that the lost CMKX records will show up once again. Remember what Slurp was posting about the records being on the road all the time. I suspect that someone will try and make a deal for themselves using the lost records as leverage to get a get out of jail pass.
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janice
Don't suggest that he goes back to RB . Better that he remains here so we can observe him during the big roundup and how he reacts.
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Hello Gump
I'm not sure that Urban is the horse that you should be laying your bet on to win the short issue. If Urban was a race horse and I was at Woodbine here in Toronto his track record wouldn't impress me as a winner. His past exploits such as Petro Plus certainly didn't end well and his reputation as a company builder is non-existant.
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Jim
Did you see this news release from your old friend LeHat ? So far I've had a difficult time catching him at the office on Yonge St. I also noticed that Mike King seems to be involved .
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EQLFF, Equitable Life Investments Announces Purchase Agreement with
EMCO Corporation
Monday April 11, 3:02 am ET
Purchase of 10 Claims in Dome Township, Red Lake Mining
District
TORONTO--(BUSINESS WIRE)--April 11, 2005--Equitable Life
Investments (Pink Sheets:EQLFF.PK - News) is pleased to
announce the purchase of 10 claims in Dome Township, Red Lake
mining district. These claims border on the south of Gold Corp.
claims and west and south of Wolf Den's claims. Wolf Den's
Drill Programs have completed 6 holes with multiple holes
having visible gold. Wolf Den has now expanded its drill
program to three drill rigs.
The strike of the formation towards equitable claims, Wolf Den
(TSX:WLF - News) states that the geological setting is very
similar to that at Gold Corp. Red Lake Mine (3 miles east) and
Placer Dome Campbell Mine (3km east).
Equitable has retained Clark to give a 43101 report and
management feels that said report should show 300,000 plus tons
of .20au gold. Said report should be completed and filed within
30 days.
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements can be identified by the lead-in "Looking
Forward." These statements are not guarantees of future
performance and involve significant risks and uncertainties.
Actual results may vary materially from those in the
forward-looking statements as a result of the effectiveness of
management's strategies and decisions, general economic and
business conditions, new or modified statutory or regulatory
requirements, and changing price and market conditions.
---------------------------------------------------------------
-----------------
Contact:
Equitable Life Investments
Larry Skolnik, 416-410-3995
or
Princeton Research, Inc.
Mike King, 702-650-3000
---------------------------------------------------------------
-----------------
Source: Equitable Life Investments
http://biz.yahoo.com/bw/050411/115440.html?.v=1
janice
Don't be too surprised if the DTCC hands over the records with little to no resistance. My money is on Iron Bob and the group he represents developing a case were the wrong doing falls on the characters mentioned in Slurps postings. It's actually quite interesting to compare the history of CMKX to NNOS and the present status of both companies.
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Hello janice
I have a feeling that Iron Bob is going to go after certain past CMKX insiders. I'm willing to bet old Urbie took the fifth during the time that USCA was under scrutiny and was being pressed hard for information about certain issues. Like I stated before if you read between the lines of old Slurps ramblings you can develop a pretty good idea of what really went on with these companies.
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NSS_Boss
" IMO, if CMKX license gets revoked, you will see the Biggest Class Action Lawsuit in American history. "
Don't tell me that ambulance chasing lawyers see another windfall possible from the desperate shareholders of CMKX.
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hundred to one
" GEEEZ if I had a nickle for every Basher lie I would not have to get rich on CMKX stock...IMO...kaos "
I don't even think you could find a lie by any of the negative posters. That seems to be a quality of the pumper clowns.
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Hello Jim
I believe that the CMKX transfer agent has been gagged since the beginning of time. lol! If you have a chance talk to someone who was at the last Casavant Mining shareholders meeting . Interesting the share numbers insiders tossed around that day knowing full well that the shares outstanding was going to increase in a day or so later. There were many shareholders very ticked off a few days later.
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Investorman
In my opinion she knows what she's doing , but she tries to cover her tracks by acting dumb. I should add that she does a very good job acting dumb , seems to be a natural .
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Investorman
" abadgoodgirl got caught lying and this is her response -
By: abadgoodgirl
28 Apr 2005, 11:34 AM EDT
Msg. 918817 of 918839
Jump to msg. #
Yes, the T/A has been GAGGED regarding insider holdings. The T/A's can and do release insider holdings all the time. It's up to the client.
However, before they were "gagged" before the halt, I know that I interpreted my conversation as the insiders own/control at least 51% of this company.
NO PROXIES.
PERIOD.
If you don't want to believe it? Then don't believe it. It's not my problem. "
Typical response from one of the worst of the pumper clowns.Wonder what the tool will say when the SEC stats tracking her IP address.
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Jim
There just seems to be no end to what these scammers will come up with. I love this post by one of the worst touts in my opinion over on Raging Bull.
" : silverbulletny1
22 Apr 2005, 04:57 PM EDT
Msg. 8385 of 8394
Jump to msg. #
TO CONTRIBUTE AND UTILIZE DONATIONS TO FRIZZELL:
TO MAKE A DONATION TO PAY FOR OTHERS TO JOIN WHO CANNOT AFFORD PLEASE GO TO PAYPAL DOT COM AND SEND YOUR DONATION TO B FRIZZELL AT TYLER . NET (remover spaces).
TO SEND A CHECK, PLEASE SEND A LETTER STATING YOU WOULD LIKE TO DONATE FUNDS TO THOSE THAT CANNOT CONTRIBUTE
VIA MAIL TO:
CMKX Owners Group
C/O The Frizzell Law Firm 305 South Broadway, Suite 302,
Tyler, Texas 75702 Phone: 903 - 595 -1 921
www. cmkxownersgroup .com
NOW TO UTILIZE DONATIONS FROM THE CONTRIBUTERS
PLEASE GO TO THE WEBSITE WWW. CMKXOWNERSGROUP . COM
(REMOVE SPACES) AND PRINT OUT YOUR AGREEMENT AND MAIL IT
WITH A NOTE: STATING PLEASE UTILIZE THE DONATED FUNDS
AS I AM UNABLE TO CONTRIBUTE.
ALL DONATIONS ARE VERY MUCH APPRECIATED AND WILL REMAIN ANONYMOUS AS WILL ALL THAT NEED TO UTILIZE THEM.
THANK YOU ALL SO MUCH AND HOPE YOU CAN ALL BE PROACTIVE
AND GET THIS BALL ROLLING AS WE ARE A "TEAM" WE HAVE THE FRIZZELL LAW FIRM IN FULL SUPPORT OF THIS AND I THINK THIS WILL HAVE A SNOWBALL EFFECT. GO CMKX & GO "TEAM"
THANK YOU,
MARY ANNE "
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janice
I suspect the records aren't lost but instead are bouncing around as old Slurpie previously posted. If the rumours about these groups are true , then I expect that there will be motivation for a miracle to take place and the records to appear once again.
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Hello arete
I'm not too sure that he'll be able to avoid filing. Some of the rumours floating around here in Canada are that the people Iron Bob represents want their money back and they may be the kind of people you don't want to refuse. Casavant isn't the brightest bulb on the tree and it's quite possible that he's ended up making bagholders of the kind of people you don't want to dissappoint.
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Hello arete
Well what will poor Urban do since he's caught between a rock and a hard place. If he files the S-8's he's going reveal the consultants (touts) who have obtained shares for services rendered. If he doesn't file then there's a good chance CMKX will be closed down for good and there will be many irate shareholders. On top of that if he does file , shareholders are going to know exactly how many shares insiders have dumped into the market. It's interesting to watch the touts try every trick in the book to try to keep the less informed shareholders in line and focused on the so-called evil naked shorts which makes a great scape goat. But sooner or later the truth will come out and the shareholders will see the touts for what they truly are .
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Hello Gump
It's been mentioned to me that this Martin is actually Dustbin . I haven't been able to find any supporting evidence of this but it's possible .
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janice
" You know the "Waco (or Waaaco) Kid" was Gayle Essary of Investrend/FinancialWire, don't you? "
I knew Waco was Gayle from the Waco days but had forgotten the Investrend connection until recently. Quite possibly the other cog I've been looking for concerning that organized concern I've mentioned before.
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janice
Well the Waco Kid is a name I haven't heard for a while. I was trying to remember what year he had that email tout sheet. Seems to me that it was a year or so after Chelekis finally got closed down by the SEC. I sure remember seeing quite a few bagholders from the Waco pick lists.
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arete
What party ?
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arete
Not sure arete , but averagejoe has previously mentioned that the US law enforcement officials where in Sask a while ago concerning CMKX.
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Hello arete
I suspect that the option agreement was with the old numbered companies. I've been told that they allowed the claims to lapse and then picked the claims up in the present numbered companies less the option agreements.
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hundred to one
" If CMKX was used as Penny Trash bait it would make sense not to prove valuation until you have control of the NSers...IMO...what kind of bait would CMKX be if the NSers knew it had a HUGE valuation?...it would be worthless as bait...and how could you trap the NSers if you did not wait to show valuation until the right moment...it all makes sense if there is a NS position...IMO...kaos "
Since CMKX has only done a few drill holes in scattered locations how would CMKX have any idea of what evaluation they have on the claims ? Let me guess , the great fortuneteller Zenninvestor saw it in his crystal ball ! Let's hope he cleaned his crystal ball with Windex recently since his past predictions are batting a big fat zeroe.
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hundred to one
" Well I guess we own them under his name then...I don't care how the company engineers this thing the thing is I trust CMKX to take care of us. "
You must be getting paid to make those kind of posts. No one could be that lost to believe that the claims held in a private numbered company controlled by Koch are actually owned by CMKX. At best in the past CMKX may have had some form of private option on the claims when the claims were held in the previous numbered companies.
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hundred to one
" Go private and give DIAMOND DIVIDENDS is what I would do...kaos " Time for you to wake up, Koch has already taken the claims private all under his control.
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Hello Gump
I wish you would have your son in Sask. do a little research and confirm that CMKX has only completed a few scattered drill holes during their entire exploration program for the last year or so.I'm quite sure he already knows the facts since Shore Gold is very close to the entire area of discussion. These dreamers or whatever who believe that CMKX has actually been mining already, need a stiff shot of reality about CMKX's exploration activities.
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hundred to one
" DIAMONDS ARE FOREVER...and it might take forever to get these but they belong to us shareholders right now...IMO...kaos "
Actually the diamnonds if there are any to be found belong to Emmerson Koch and his private Sask. numbered companies. The real question that should be asked is what company will the claims be moved to for another round of promotion.
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janice
Did you happen to have a look at what MachCobra's actually name is ? It's posted over on his website and is quite interesting in relation to one of our previous discussions.
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Hello arete
Actually Urban Casavant isn't that good at promoting either. If you or the other US posters had witnessed his past exploits on the CDN exchanges you would most likely assume that there's someone else directing this promotion. Now the lack of filings or records for the company sounds like Casavant , but the scale of this promotion is way above his abilities. CMKX may well end up as one of the major investigations of penny stock promotions and internet touts before it's all said and done.
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Hello TSX
Have you ever met Urban Casavant in person ? I'm curious since I have , and consider people on these forums giving him way too much credit for being the brains behind this stock. At best he's the mascot for CMKX , and could possibly end up being the fall guy for this fiasco. I've met him several times in the past at the PDA's here in Toronto through Dale Hoffman and can tell you he's not sharp enough to be the head of this promotion.
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janice
I suspect that Urbans going to be served up as the scape goat by the current CMKX control group. Seems that Iron Bob has been brought in by the group who is stuck with a huge holding of CMKX paper. Someone doesn't seem to want this symbol to fade away without an attempt to recover some of their investment.
I also suspect that the SEC wasn't even interested in CMKX until certain information surfaced during the USCA investigation. It wouldn't surprise me at all that someone who was in the hot seat over USCA offered information about CMKX that the SEC had to act upon. Something must have surfaced recently that caused the SEC to move so swiftly now.
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janice
It looks to me that old Slurps rantings are fairly close to the actual chain of events that initiated the SEC investigation of CMKX. The only chance that CMKX can survive this court date is the fact that they did beat the SEC to the punch when they were first to address the filing mistake concerning the number of shareholders. It's a long shot but the judge could possibly allow them some room with that issue.
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pinkplunger
" trade15 i am in the area of koch , but am told he made all his mula on gold. but this all happend the time we went to .0010 and was a few days later i was told. "
Well that's certainly interesting that the rumour says gold . Seems a little close on the timing to the run to $.001 not to be due to the selling of CMKX shares. As far as I've heard Koch doesn't seem to have had any involvement with any other plays so I'm not sure where the gold came from. Have you heard any rumours lately about Koch or the claims being optioned into any other companies ? Should CMKX come to an end , I'm quite sure the claims will be dropped into some other company for a future promotion . I'm surprised that there hasn't been more rumours from the locals as to what is going on at this time.
TIA
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janice
From what I've heard in the past , Koch should have had a much larger share holding in CMKX then Urban actually had. The rumours have always been that Koch provided the funds initially for this promotion and held the vast majority of the assets as has been seen by his control of the numbered companies. But I suspect that most of his share position would have been received too late to be free trading . If Koch was actually able to get an opinion letter somewhere I'm surprised that Melvin wasn't included in that process. Since I've heard from several sources that Koch actually brought Melvin into this promotion and would have expected him to have taken care of him.
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janice
Something has been bothering me about this whole CMKX puzzle. There was a poster the other night from Koch's area of Sask. who posted that there has been rumours that Koch has come into millions lately. That's certainly no surprise to me. But what is confusing is how Koch was able to sell so many shares without getting caught up in the Sask. unregistered shares order. The Casavant boys and Melvin certainly did but it seems that Koch has been able to sell a boat load of shares somehow.
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