"Wise men learn more from fools than fools from the wise"
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YOU GUYS ARE MISSING THE POINT HERE............
Forget about the shares shorted, if at all for a moment.
The change in the ratio at this time is very telling.
Let me repeat....It is my opinion that these new 300 billion shares, even if issued now, would NOT be entitled to the UCAD dividend because these shares could have only been authorized after the shareholder of record date.
Therefore, they cannot be LEGALLY calculated into the ratio.
The website shows a change in ratio. In my mind, it can mean only one thing.
They are doing a mere calculation based upon current A/S....when in fact, the O/S can be, and I pray will be, a very different number.
The change gives me more hope now.
VERY VERY ODD....HEY ZEN??
How can you change the rate of the dividend after the fact???
Seems like the dividend rate just got changed because of the A/S number.
These new shares would not be able to receive the UCAD dividend...correct Zen????
WE NEED SOME CLARIFICATION.
I CAN'T SEE HERE IN THE DARK!!!!!
Sadly,....
Every single theory out there (and it seems like there are now 100's) are MERELY A THEORY.
They have left the shareholders not only in the dark, but its PITCH BLACK IN HERE!!!!
TRADES LIKE DILUTION, LOOKS LIKE DILUTION, BUT BOY O BOY, SHOW ME THE CASH!
I WANT A THRILLER ZEN, NOT THE DUD!
NOW PASS THE POPCORN!
FREE....WORSE OFF CUZ I WAS EXPECTING GOOD REASONS....
The market has obviously assumed that this is "scam" dilution versus a true business plan. This is evidenced by the drop in stock price.
The longer we wait, IMO, the better chance the market has guessed right.
Like I said before, the company has no problems PR'ing the good news. But some of the important information such as O/S, raise in A/S, they have decided to keep the shareholders in the dark.
While they may have a good reason, a reasonable conclusion is that it is not for what the shareholders will view as a good reason.
I WONDER IF THIS IS A CONVERTIBLE FINANCING???? IF SO, AND WE ARE GOING TO HIT 300 BIL MORE SHARES, IT IS GOING TO BE DOG DAYS AHEAD FOR THE REST OF THE YEAR.
WELL, STILL NO EXPLANATIONS YET AS TO A/S..
NOT GOOD IN MY OPINION..........
As the days grow longer, without explanation, my fears continue to grow.
Bo, you agree still, the longer the wait without explanations the worse off we are???
The master plan is sure confusing the living heck out of me. On its face, it's real ugly right now, but I will wait to see the conclusion.
YES, ZEN. PASS THAT POPCORN?? AND MAKE SURE
The movie I came to see is a THRILLER.
Not a ZONK!
I'm with ya BO. AND BTW, appreciate all of your input!!!
Anyone that believes this is a lock at this point really needs to wake up and smell the coffee.
This is a gamble, a true roll of the dice, and I really hope no one has put more money in this than they can afford to lose.
The whole Sterling phenomena has created such a stir in the CMKX internet community about "getting so filthy rich" that I am very afraid that many people have overextended themselves.
HOPING FOR THE MILLION MILLIONAIRES, BUT BOY O BOY, FROM THE FACE OF THIS, IT IS RIIIIIIIIIIIIIIIISKY!
YUP, I'M GOING DOWN WITH THE SHIP ON THIS ONE IF IT SINKS....
I have no choice but to ride this one out.
This is all my risk principal. If I lose out on this one, it will be the last penny stock I ever play.
I have been drilled by pennies in the last year it is sickening.
It's not going to change my lifestyle, but I am done having crooks take my hard earned money.
Here's my guess...........
We just did another dilutive financing or made an acquisition.
In either case, the financier or acquiree doesn't wish to hold our shares for long term.
The dump is on.
Mutha' f'er.
9 MIL SHARE DUMPS AT .0002??? WHAT IS GOING ON HERE???????
The plot keeps thickening.
IN order to hold this thing, your skin must too........
Junk...I'm with ya...EXCEPT...
For our disagreement that the company has not contradicted itself by raising A/S. Again, I am assuming we are raising A/S because our O/S has risen.
The company in its PRs, have announced buybacks, therefore giving shareholders a reasonable belief the the O/S should be decreasing, not increasing.
Additionally, MELVY has on numerous occassions, continued to state that the company is retiring shares and the O/S is nowhere near the 400 billion number. As an apparent agent to the company, his words are as good as coming from the company itself.
I think they still are open to a litany of lawsuits if the O/S is high, and I'm afraid it is.
Melvy is a MAJOR liability to the company and needs to be removed entirely.
He may be a great person, but he is not only worthless, but COUNTERPRODUCTIVE in his position of PR/IR.
The company needs credibility, not hype.
STINKY...SAD TO SAY, I AGREE...
Don't want to agree, but until I hear otherwise, the circumstantial evidence is pointing strongly that way.
IT SUCKS!
AND IF SO, MELVY IS A POS!
Junk...Your intimations are that....
The increase of the A/S has nothing to do with the increase of O/S.
While taken in isolation that may very well be true, the reality is, when the A/S is increased, the O/S almost always follows.
Here's the big concern now, which in my mind doesn't look good at all......
We had old letters in the beginning of the year indicating that the O/S was about 40 billion. I WILL ASSUME, BIG ASSUMPTION, THAT WAS TRUE. This number that everyone relies upon did not come from the company directly, but rather an investment letter that claims it received the number from the company.
All of a sudden, the trading pattern indicates huge diluton. When 95-99% of shares traded at the ask and there is no price movement, "artificial" supply is coming from somewhere. It's the simple laws of supply and demand.
This "artificial" supply is either:
A. dilution from the company either from financing or directly into the market
or
B. naked shorting
YOUR CHOICE. NO ONE KNOWS THE ANSWER.
BUT.....
You take a look at the last PR concerning UCAD share distribution. You take a look at the shares given to UCAD in exchange for the money. Look carefully.....
Without any additional information, I am inclined to believe that option A is what has happened.
The share ratio in UCAD indicates A.
The shares which were given to UCAD indicates A. Although I hate to admit it, it is becoming apparent to me the reason why Urbie "donated his own shares" was because CMKX didn't have the available shares authorized to give to them. YES, THIS IS A BIG ASSUMPTION THAT I HOPE ISN'T TRUE.
But I continue to see the pattern that everything positive is getting PR'd, and everything not so positive remains not PR'd.
Where is the result of the other core samples?
Where is the outstanding share numbers???
My new view on CMKX is it may make me money, a significant amount, but it will never make me rich (I am holding about 10 mil shares).
I feel that Roger was hired to maximize shareholder value and turn the ship around, but when he was hired, there was a lot of dirty laundry already on board. (ie the enormous dilution amongst other things....)
I do believe that there is a short position, but I also believe that some serious crappy financing has taken place and continues to be dumped onto the market.
AGAIN...ONLY MY THEORY. BUT IN MY MIND, THIS IS THE MOST REALISTIC ONE I'VE SEEN TO DATE.
BO, and this is EXACTLY what worries me......
As I stated before, the longer we await an explanation (if we ever get one) about the A/S increase, the better the chance that we will be sorely disappointed over the true reason.
If there is a good reason, they should PR this immediately to help soothe morale of the shareholders.
Since they PR all the good things, I tend to believe that the things they keep hidden are not so good.
IE., the current O/S and the increase in the A/S.
Any comments??!?!?!
JANET....
NOT FAIR. You can't do that. All or none!!
Can't private reply..not a premium member..put all my $$$ in CMKX!!!
LOL....
QUESTION TO THE BOARD....
Just want to get an idea of board sentiment right now........
HYPOTHETICALLY SPEAKING ....
If you had the chance today to sell all of your CMKX at .0012 (the recent high) on the condition that you would never be able to buy CMKX again and participate in future gains, would you be willing to do so???
RIGHT HERE, RIGHT NOW, WITH THE DEARTH OF INFORMATION OUT THERE.....
Please explain why................
Deflendus....YOU HAVE ZERO SHOT...
Well maybe one in the amount of A/S!!!
LOL............
SO, who's feeling more confident than ever in this investment????
ROGER IS SUPPOSED TO
Help CMKX become fully reporting
AND
"Resolve the problems it has been having"
YES....we still have not been able to get an answer to what those PROBLEMS are......
Another morning goes by without O/S explanations........
The longer we are kept in the dark, the harder it is to hold.........
I AM HOLDING STRONG ON BLIND FAITH ALONE RIGHT NOW (STILL BANKING ON ROGER GLENN AS MY SOLE SOURCE OF COMFORT).
Typically, blind faith is NEVER a good way to invest, but, ROLL DEM BONES. Am I gonna get a horn high yo' or crap out????
Another morning goes by without O/S explanation.....
The longer we stay in the dark, the harder it becomes.....
I'M HOLDIN' ON BLIND FAITH RIGHT NOW....TRUE ROLL OF DICE.
PALTALK HAS BECOME A CULT..... Hari hari hari.........
It is simply AMAZING what I am witnessing. I thought there were some sophisticated investors in that group, but boy o boy...when do you begin to question the sanity???
HE IS LIKE AN IMMATURE TEENAGER...........
Trying to put the blame on shareholders for wanting to know answers to some simple questions and questioning his veracity....
What a joke.
He may very well be the nicest guy in the world. But...I'm not looking for a friend right now.
As a PR/IR person, he's quite pathetic.
He should come out and clarify some of his prior statements which have been proven to be inconsistent at best, deceitful and lies at worst.
Are we supposed to be sympathetic to Melvy? I THINK NOT!
In his personal life, is one thing...........
But as a spokesperson for CMKX, I have no sympathy for his antics now saying he "won't be ridiculed anymore."
Well Melvy, let me say this (I would say it directly in Paltalk but the righteous fools over there banned me for some reason), IF YOU STOPPED HYPING AND LYING TO THE SHAREHOLDERS, YOU WOULD NOT BE "RIDICULED".
I say....good riddance Melvy...you have created a lot more harm than good when it comes to informing the CMKX shareholders.
Melvy was excited what was coming down the PIPE???
I hope the PIPE was not a PIPE financing???? Now that would be some serious play on words???
Eh, Melvy?
MEX..Your investment is guaranteed?? I THINK NOT.
Yeah, there would be great grounds for a lawsuit, but I can guarantee you that after a settlement occurs, and the attorneys get their cut, the proceeds you would receive in a shareholder/derivative suit would be pennies compared to what you put in.
These guys need to PR EVERYTHING right now. NO MORE BLIND FAITH !!!
Marcoo, would waste my time calling Melvy...even if it is toll free!!!
Wouldn't want to waste my breath to hear another BS explanation by Uncle Melvy.
Boy o boy has he put himself into a whole.
The funny thing is people still respect him as the IR person for CMKX.
I can understand if you like him as a person, but how can one look at Melvy's past statements and still defend him on a CMKX basis???
His comments are untruthful, deceiving, and shady at best. At worst, they are outright LIES.
The longer the delay on a PR, the better chance of a SCAM....
I am sick to my stomach. The longer we go without a PR justifying and explaining this number, the better chance there is that this is the scam of a lifetime.
I have all my shares still, but my trigger finger is itching.
This ALL IS WELL BS has to come to an end sometimes. Blind faith will only get you so far.
I am worried that Urban's/Sterling's "PAY IT FORWARD" generousity plan is a cover up for some ugly dilutive dealings here.
I am steadfast in my belief that if the number of O/S is 500 bil right now or anywhere near it, Melvin should be fired immediately and lawsuits will be coming left and right.
One major credibility shot for Roger Glenn and crowd. I EXPECT a PR today in defense of this.
ZEN .... question for ya....
Does it bother you in the slightest that the O/S continues to be a mystery???
It is becoming more and more apparent that the 400 billion number may be true.
Does that leave a bad taste in your mouth that the company could continue to state they were retiring shares when in fact all they were doing was diluting...at least net dilution???
I don't want to hear that they made an equity placement and then bought back shares. NET DILUTION IS DILUTION...SIMPLE.
I still think we can make money at those levels, but being hyped and lied to by Urban and Melvy makes me very bitter.
How bout you?
Again, just assuming the worst here............
BLUEBEAN...ENTIRELY AGREE.
Melvin is the WORST type of person to have when the company is supposedly trying to set itself together and fly straight.
He is the supreme hypster, and already there are MANY MANY MANY representations that he has made that have fallen flat on its face.
I thought I had accomplished my civic duty a few weeks back when Melvy said he was going to lay off of PALTALK.
I had written Roger Glenn, just informing him of the shenaningans that were taking place, only a few days before Melvy made those comments. It was my hope that I had accomplished something.
Obviously, I was wrong. Oh well.
The company needs to muzzle his "enthusiasm", which in my eyes has become outright unsubstantiated hype.
Bo, the assumption is that there indeed is a massive short.
I will wait for the O/S to be announced before I celebrate in the streets.
Too many weird things happening that I still don't like....namely, UNCLE MELVY yappin' his mouth off on Paltalk and yet little of it ever pans out PLUS these shares being given away. Poor timing, poor judgment.
JMO...
ANyone see that flurry at the end for CMKX? .0001's... WTF??
Last ditch attempt to drive the weak out???
WOW, that was unusual!
WTF IS GOING ON HERE????
THERE IS SOME FUNNY BUZNESS.
HOLY CRAP.... .0001!?!?!
And this is why MELVY chat is VERY DANGEROUS!!!!
Melvy explicitly stated that by yesterday, shareholders would be very happy.
What did we get????
NADA!
I dont want to hear you Melvy supporters shout out, well there could be reasons for delay.
My response: blah blah blah
Don't make a representation unless you are 100% sure of something.
JUST CONTINUED REASONS WHY PALTALK SHOULD BE SHUT DOWN AND ROGER SHOULD MUZZLE MELVY.
Melvy has turned into a very unreliable hypster in my opinion.
Thanks VPL....Yes, Please post.
Even if its 3 mil CMKX and 3 mil CIM to 50 people, it just has a bad appearance of impropriety here.
I don't want it even hinted at that Sterling could be a paid promoter, and this whole thing is a scam. This one needs to fly straight, especially in light of the O/S bomb that I think will be placed upon us shortly.
I hope for the best as I said, CMKX is my last salvation for my risk portfolio. These past 6 months have been an investment disaster for many in this arena, including myself.
Hoping for the best .............
CMKX: WOW, I AM SICK TO MY STOMACH OVER THIS RUMOR......
I cannot believe this latest rumor that Urban gave Sterling 6 BILLION shares to distribute to people as he sees fit.
Its amazing that many on his board now find obligated to kiss his arse in attempt to gain some shares.
I'm curious, if this is true, how Sterling will play God and distribute to the "needy". Who are the "needy"???
I am shocked if this is true. This one is my only and last shot at trying to get my risk portfolio back to something reputable.
I thought Roger Glenn would fly this thing straight. Right now, some of the things going on, indicate some heavy turbulence....
ANY DISCUSSION HERE???
Matrix, if this is true, then the whole company is a SCAM...
I find it hard to believe that Urban is going to give away free shares to a number of shareholders.
The SEC would view this as the company itself giving away shares to PROMOTERS which is illegal, if not a bona fide service (see the consultant rule).
I ask that these people come clean..........
ZEN, WHAT DO YOU THINK ABOUT THIS?????
WOW HOW CROOKED GWAD NOW .0000 to .0001
How these guys are not locked up is beyond me???
I think I pulled up a 5 year chart where this thing has gone from $16000 or maybe even higher to ZERO on an adjusted basis...
WOW
The story gets fishier..........
I find it totally UNACCEPTABLE and UNFATHOMABLE how a shareholder (Sterling) and crowd can get invited to a business meeting where inside information is taking place.
I want to know if Sterling is now being compensated in any way shape or form from CMKX or a 3rd party affiliate...........
I'm still very long, but I don't like Uncle Melvy's continued unbridaled chatter on PALTALK, and I certainly don't like a shareholder being invited to a meeting.
Any other opinions???
These numbers make you appear like you are smokin' the funny bone....
Do you REALLY think there will be a cash dividend anywhere near the range of .37???
Where the HECK is the company getting the funds to pay for this supposed huge dividend????
Let's be realistic here!!!
911 trades are probably some jokester............]
Getting some amusement out of all of you wondering what the 911 trades are. To this person, the amusement is worth the $9.99 commission he is paying.
I would bet that it is not an MM, but rather an IHUB member getting kicks out of everyone scrambling to decipher what the 911 trades mean...........
JMO of course.