"Wise men learn more from fools than fools from the wise"
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TSX...DO YOU THINK ROGER GLENN WOULD BE INVOLVED IN A SHELL GAME???
YES OR NO...THANKS.
PHAT....I'm not exactly sure...BUT.....
When we are at .0004, the buys are fast and furious with JEFF at the ask. The volume seems to be MUCH MUCH higher at the lower level than here. It may be that retail investors prefer the .0004 over the .0005, but to me that does not explain the huge discrepancy between the two levels. To me, as I indicated before, I've been left with two options at this stage....either massive shorting or massive dilution. Only two choices I saw.
HOWEVER, let me proffer a NEW THEORY here as to the trading pattern:
I think there was previously a very large short position when there was no bid and the ASK was at .0001. I now believe that at the time, while CMKX may have been retiring shares at that point, I now believe that it was Urbie and close family that was acquiring all those shares at .0001. REMEMBER, THE SHORT POSITION WAS ALREADY ESTABLISHED AT THIS LEVEL.
Now we traded higher.....and we secure counsel. I believe Urbie explained everything to Roger Glenn and the obvious short position. My guess, and its entirely a guess, is that Urbie wanted to continue to lower the O/S while keeping the short position in a frying pan.
HERE'S THE NEW THEORY: I don't think JEFF could be that stupid and continue to increase the short position. The MM's are well aware that this is a viable company, not like many of the other pinks. I now think that Urbie is selling his individual shares to CMKX the corporation. This is a WIN WIN situation for both parties. Yes, Urbie could make more by riding his shares out, but he wants to look out for the rest of us. Therefore, he is selling his shares to CMKX through JEFF. Yes, other lucky buyers and other short MM's can buy at those levels too (now a WIN WIN WIN situation for everyone), but CMKX speeds up their retirement plan at these predetermined levels.
When JEFF leaves the ask at .0004, all bets are off. It appears that they want to have it trade "normally" for awhile and all bets are off. But at the .0003/.0004 level, the "insiders" know the game.
JUST A THEORY.....FEEL FREE TO COMMENT!
VERY STRANGE. DIFFERENCE IN TRADING OF .0003/.0004 v. .0004/.0005 ................
Anyone else notice the difference in trading when we are at .0003/.0004 v. .0004/.0005???
VERY CLEAR TO ME.
HOLD EM' OR FOLD EM!
CONGRATS MACH.....!!!
TODAY IS ABSOLUTELY EGREGIOUS..>WORST I'VE SEEN.
Out of my 3 options, I'm down to 2. There is no way a private seller is involved with this many shares, locked in at .0004. If you were a private investor and saw the demand coming, wouldn't you want to raise your ask to maximize your gains???
THEREFORE DOWN TO 2 OPTIONS:
1. JEFF SHORTING MORE AND MORE AND MORE
2. COMPANY DILUTING
WHICH ONE IS IT GUYS AND TELL ME WHY???????
This is UNREAL!!!!
CMKX NEWS>.....MORE WEB WEAVING!
WTF??? I get booted from Paltalk room???
Sterling and crowd running a dictatorship over there??? Anyone else get the boot from the room?
HUSTLER, I DO AND I AM ... EOM
INCREASED SUPPLY NO DOUBT, BUT FROM WHERE.....
Again I go back to my original question that we have not seen the answer to......Throw out the supply/demand ECON 101 formula.
We have seen increased demand, but obviously there is unexplained matching increased supply. It is 1 of these 3:
1. Naked shorting.
2. Urbie or big retail/institutional seller with a large position
3. CMKX themselves or a financing constituting MONSTER dilution..............
If is #1, we will be celebrating eventually when the goods are shown.
If it is #3, we will be weeping to our demise.
#2 is the middle of the roader..................
Melvin has stated that #2 and #3 are the most ridiculous things he ever heard, so????????????????????
Will Melvy be claiming ignorance if its #3??? Cuz if it is, I guarantee he will be named in many lawsuits for misrepresentation. Too much $$$$$$$$$ riding on this company now.
JON I WOULD TEND TO AGREE, BUT.....
Again, I go back to the chat surrounding Melvin's answers. This is where trouble could brew.
Melvin was asked whether CMKX, Urbe or close family are diluting here and something was mentioned to the fact that was the most absurd thing he's ever heard.
Now if it is true, look at the debacle created.
I just don't like it.
ZEN, FROM ATTORNEY TO ATTORNEY...I SHARE IN THE FEARS
I've been on paltalk last few days to hear what goes on there. To be honest, it frightens me that Melvin is on there as he says some substantive things...........
He's asked not to post what he says so I will honor the request. However, there were questions asked as to why the attorneys were hired and he did state reasons. Many people will ASSUME these as facts when in fact it was OPINION.
Not a good mix when talking to the spokesperson of the company.
As an attorney once part of a top 50 national law firm, I would be swift in putting the kabbosh on these actions. They only lead to more trouble than good. Trust me on this!
ZEN, would love to have a phone chat with ya one of these days to compare notes....
OK, who wasted their $$$ on a 911 purchase
MY GUESS AS TO TRADING NEXT HOUR....
If NITE remains on bid, we will eventually get a good amount of MM's on bid at .0004 as many will follow NITE's lead....
IF NITE leaves, we will be .0003/.0004, with our friend at the ASK.
I think many buyers are waiting to see if they can pick this up at the 4's rather than the 5's. If they see the bid strengthening, then we will see the majority of the trades go through, as always, at the ASK.
Bid getting pounded right now, but NITE remains!
Yes, they are trying the FEAR tactic IMO......
Look at all those .0004 prints. Fact or fiction trades though???????
Good way to shake the weak hands ONCE again.....
I'm holdin long and strong. Not shakin' these shares.
Yeah agreed Dr.....you have opinion of JEFF???
People still have not given me comfort as to which of these 3 options are occurring:
1. JEFF shorting naked shares.
2. JEFF selling for Urban individually or a seller
3. JEFF selling for CMKX/financiers and increasing O/S.
LET'S DISCUSS....ZEN? ANYONE ELSE?
NOTICEABLE DROP IN VOLUME ONCE JEFF LEFT ASK......
Anyone else notice this??
Still waiting for an adequate explanation of JEFF on ask for billions of shares...shorting, selling for a seller, or selling for CMKX themselves...
Still wondering...........
Shiz....also.....
Roger is one of the leaders in securities work. He obviously knows the ins and outs of what's going on here.
He cannot possibly plead ignorance to the plan. He is becoming more and more involved. Obviously a good sign!
Yup, 99% of pennies are scams. I become more confident that CMKX falls in the other 1%.
BLSH...Why I think you are wrong....
Two words....ROGER GLENN.
There is no way a leading corporate attorney at a top tiered law firm would get involved in a shell game scam.
NO WAY, NO HOW.
If they weren't involved, I would tend to agree with you.
But, I know (as I was in a top 50 national law firm a year ago), there is no way they would get involved.
Too much exposure.
Edwards & Angell is the main reason why I'm adding to my position. They wouldn't be involved.
I bought 8 mil at .0004 today - EOM
Seriously Spill are you kidding with 50 mil share AVERAGE??
even at .0003, that's 15 Grand.
How many people here have over 50 mil shares??? I wish I did, but that's alot of money on such a high speculative stock.
I'll bet the average is way under 10 million shares now.
Some pennies are running today...NONE OF MINE THOUGH!!!
ITDJ actually starting to move
GMZP
AUML
All on my watch list, no $$$ to play with though!!
HEY JERRY/PAUL....>WAKE THE F UP!!
SHOW US THE $$$$$$$$$$$$$$$$
SSWH: They take it down because they can!
Little interest makes it easy to take down the price and create further panic amongst shareholders.
I'm holding every share still.
It does make me sick to see losses ON PAPER, but I will wait until the end of the summer to see if they can execute on the game plan.
Jerry and Paul need to help us out here though and deliver PR's on timely basis and show some professionalism.
So I say once again.....
JERRY/PAUL WAKE THE F UP!!!
JERRY/PAUL SHOW US THE $$$$$$$$$$$$$$$$$!
KNOCK KNOCK!!!!!
GOOD NEWS: THE PIC ON THE WEBSITE SHOWS PRODUCT DELIVERED!
NOT SO GOOD NEWS: THE WHOLE FRONT PAGE DESCRIBING THAT PRODUCT NEEDS TO BE DELIVERED NEEDS TO BE CHANGED IMMEDIATELY! THE SLOPPINESS IN NOT ACCEPTABLE.
WHERE'S THE PR?
HEY MACH, TELL JERRY AND PAUL TO WAKE THE F UP!!! IF THEY WANT TO BE A REAL COMPANY, ACT LIKE A REAL COMPANY!
NOT VERY HAPPY....
3:30, no PR.
What a shame.
PAUL/JERRY WAKE THE F UP!!
Mach, you have mail.....
Any word from these guys??
Man, I hope they know where their stock is and how much credibility is an issue at this point??
They need to devote some time to the shareholders to give some credibility back here.
The PR should have been out this morning. If they had to stay up late, so be it. Or delegate PR to someone else.
Jalex...I totally understand.
But it makes a difference if these shares are being sold by private investors/Urban individually OR if CMKX themselves are reissuing shares.
Everyone here combines CMKX and Urban individually and they should not do so. It has a huge effect here who is being the nice guy. Especially in light of the dividend issue.
Expanding the float (AGAIN, ONLY IF ITS CMKX THE COMPANY SELLING THE SHARES) means fewer dividend shares for us.
I guess we both understand each other now, eh?
PS I'M LONG....AND UNDERSTAND THE IMPORTANCE OF E&A
I am an attorney who has worked at a TOP 50 lawfirm in the country and I know very well the procedures of a law firm of E & A's reputation.
They are the reason I am confident in my investment, nothing else.
JALEX...DEPENDS ON WHO BOUGHT/SOLD
I do not believe you are correct.
Here's the play:
HYPO: Let's say at one time the company had 50 bil shares outstanding. They announced a buyback. The COMPANY is who buys back the shares, not Urban individually. That's what the PR stated...a buyback, not Urban buying shares for his personal account.
NOW, as we go down to 10 billion shares, the MM's short, lets say 200 billion for argument sakes.
NOW, you say that JEFF is allowing the MM's to cover by Urban allowing the MM's to cover their naked shares back at this price, where CMKX bought back all the shares at .0001.
Let's say the company now has reissued 50 Billion more for argument's sake, all being covered by the MM's.
As I see it, we now have 60 BILLION SHARES OUTSTANDING. The short is 150 billion.
THERE IS CLEARLY AN INCREASE IN THE O/S IN THIS SCENARIO.
The stock was reissued by CMKX, not by Urban himself. You must separate the two and its a very different result.
NOW.....if you are saying that Urban bought all these shares and not a buyback from CMKX, you would be correct. However, the PR clearly indicated that CMKX was buying back shares...there is no indication that Urban did this by himself.
IF ITS URBAN RESELLING THE SHARES, YOU WOULD BE CORRECT.
But please, don't insult my intelligence...I am a seasoned investor.
NO JALEX, I READ YOUR POST COMPLETELY AND YOU ARE THE NEGATIVE ONE....
Your position INTIMATES that Urban is now expanding the float by reselling stock that was bought back.
So you are the one in the dilution wagon. I believe most people would view that as negative, especially if you believe the stock is worth more than .0005.
Why would Urban resell stock to help the MM's cover at .0005 when he could benefit the company and shareholders by selling at a much higher level???
Care to explain???
JALEX...GOOD POST.....BUT YOU DON'T EXPLAIN....
Your post is good BUT you fail to explain where JEFF is getting his shares to sell.
I assume you believe that MM's are buying from JEFF to cover their short positions.
BUT, where is JEFF getting his shares?
I doubt JEFF has billions in inventory or selling for an investor....SO, we are back to the following 2 options:
1. Urban is diluting the crap out of the stock (or a financier selling on a PIPE type conversion)
OR
2. JEFF is going deeper and deeper into a short position as a last resort.
LET'S DISCUSS!!!
A wee bit disappointed....
That we had no PR today.
These guys need to be on the ball and issue PR's when the opportunity affords it.
They need to spark some attention and momentum.
SEC and CMKX SHORTING...
I have sent several messages in the past to the SEC regarding things I thought they should look at.
Each time I would get a standard reply email and then nothing further.
This time HAS BEEN DIFFERENT.
I got my standard reply email when I emailed them about JEFF and others and sitting on the ask. I figured that was it.
However, today I got a followup email from the SEC. This is the first time I have received 2 emails regarding my inquiries. While it stated once again that everything is confidential, I believe they have actually picked this one up and may run with it.
JEFF off ask a coincidence?? I don't know...but I bet we hear more in the future.
ANY Explanations for the 9 mil blocks again??
Thoughts on the 9 mil blocks on bid?
More games? Or a real seller?
I can't believe a PIPE was done here....
NEED NEW BLOOD ON SSWH HERE. MORE BUYING NEEDED!
I hope they get the PR out again in order to hit the wires/streamers.
Otherwise, we need to attract new blood or get the existing shareholders to double up!
WE NEED VOLUME!!!!
COME ON SSWH, SHOW US THE $$$$$$$$$$$$$
Can it be????? MY CMKX AND SSWH BOTH GREEN SAME DAY?????
CMKX: Can this be the upturn we are looking for? Is JEFF done or just taking a sleepy Friday morning off???
SSWH: Momentum building. Good looking chart here.
Let's stop the shorting, gooooo CMKX.
Someone give me a MM lineup right now on SSWH?
SSWH: Volume and price continues to build. Key is to get in BEFORE the spike!!!
Still looking very good, I would like to see a little more volume to confirm the reversal here however.
ANTE UP!!!
Mach, wrote my email to the SEC....
Hope all do the same concerning the naked short selling of the pennies.
It has killed many small companies, by making raising capital impossible and killing the small investor.
Also....we need some action on SSWH today!!! SOMEONE STEP UP AND GET US GREEN!!!
NEED A BUY TO TURN SSWH GREEN. I HAVE ZERO FUNDS IN THE ACCOUNT!
Volume on SSWH starting to rise. Ask thinning!