Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
OK PEOPLE LISTEN UP
Let's settle down and be REALISTIC. Someone on other boards is posting that cmkx is negotiating based on national security and a threat to the markets, while anything is possible, let's be REAL. Go to this post.
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=170997
Ok, now go to this post:
http://www.nscc.com/p-notices/otc-notices/2005/otc042-05.htm
Ok, now go to this post and scroll down to section 12(k):
http://www.law.uc.edu/CCL/34Act/sec12.html
Unless someone can tell me where the sec specifically references section 12(K)(2) and not 12(k)(1), can we PLEASE BE REALISTIC ABOUT WHAT IS GOING ON!!!!
The odds are that cmkx will re-open at .0001x.0002, the company will continue to try to get filings in as soon as possible, and my opinion is that we will be grey sheeted when the 60 days are up. Ultimately I hate this, but for reasons I don't know why, our filings are not ready and until they are we will never move. When they ARE ready, I believe we'll make our move off the pinks, but until then anything that happens just isn't going to matter. In the mean time, all this tender offer to me personally is BUNK. Later cats.
RIGHT JSHELL
"The Complaint alleges that defendants entered and cancelled these fictitious buys almost daily for five months, concealing the size of the short position from the clearing broker, and avoiding serious financial consequences, including margin calls."
Because, hey, placing fictitious trades, concealing your short position from clearinghouses, and avoiding margin calls for 5 months is probably perfectly okay in your book. LOL Toooooooooooo funny. Just absolutely hysterical that you are even ATTEMPTING to argue we've got it all wrong because this can be classified as a totally different TYPE of way to screw retail investors through short sale manipulation. LOLOLOLO No wait, LOLOLOLOLISSIMO
WOW. HOW DID THIS GET MISSED?
Of course, I'm sure this basher-infested thread will now converge to dismiss this as no big deal ... but good god, this is pretty indicting. For all the bashers that have screamed that fictitious trades are the result of longs' fictitious minds .... hmmmmm, care to rebut THIS???????????
http://www.sec.gov/litigation/litreleases/lr19090.htm
THANK YOU MACH!!
Will follow you to your new board gladly. :)
WHAT I THINK FWIW
Here are my thoughts fwiw. I know I will be labeled a basher supreme even though, in the end, I remain hopeful and optimistic. But that's life. Moreover, I am reverting back to silent mode as I believe the end resolution on this is not near and I'd rather not waste months of close monitoring on this again. I did think we were getting closer to resolution and that's why I began posting more frequently. Anyway, enough on that. Here are my thoughts. Take them for what they are --- just my OPINIONS.
I stick to what I said about us now entering the ring with the true heavyweight. And I think the Vegas odds are still stacked against us. As for the OS number itself, I really don't give a hoot. IMO, the real number has always been the tradeable float, and I notice the company is distinctly silent on this issue. There is absolutely no reason to reveal the OS and NOT reveal the tradeable float unless there is a REASON to withhold that information. IMO, relative to the tradeable float, the NSS is very large and would expose considerably just how much BS and NSS has been going on. A big light just went off in my head when I read this PR for some reason. And again this is all conjecture. But IMO, the NSS position (most likely some large hedge funds or other large entities) realized awhile ago that covering on the market is NOT going to work. If you are naked short let's say 150B shares and the float is let's say 15B, you will NEVER cover. You will be cannibalized by fellow MMs or others in on the situation to the point of absolute bankruptcy. I believe once they realized that this could not be done, the game became one of boxing the pps in at .0001 x .0002 until they could convince the SEC to halt the stock. I believe they had a variety of ways to induce the halt. As it turns out, the company delivered them a pretty solid way -- the announcement of the Form 15 termination. Now suddenly, the company had to produce all financials due to their "mistake" in losing their reporting status 2 years ago incorrectly. The SEC jumped on this and is now questioning the availability of information. All this BS about cmkx WANTING the sec halt or that cmkx submitted a filing that blew away the sec and they are trying to tie this up is imo now moot. The PR states that the company did not want this and that the company is nowhere near ready to submit their filings.
Well, now the SEC has us bent over a box. Since we have outright conceded that we cannot have everything ready in the mandatory 60 day period, we are basically at the mercy of the SEC. And now it appears that all that boxing of the stock at .0001 x .0002 may have paid off. By stalling this process out as long as they did, if there is a huge NSS, they are in an interesting position of leverage now through the SEC (possibly all dictated by the DTC by the way). Anyway, that MAY be the leverage that they wanted and needed to step into the ring against a very unexpected sudden challenge to their power. So the question now is what leverage do WE have? And since we do not know much more information than what is out there, my answer is I DON'T KNOW. Here are some possibilities:
1. Would it still be possible to transfer all of cmkx's assets into CIM? We'd still own basically everything through our CIM shares, however, those buying cmkx after the cim distribution would be screwed. But, it may still bring the whole controversy to the forefront since suddenly all the naked shorts have to produce shares of a private company they cannot.
2. Is it possible to still do a massive rollup into one entity? Maybe this was the endgame all along and maybe we still have this leverage. This could still maybe expose the situation and have the shorts scrambling.
3. Mr. Maheu was just on 60 minutes. Think 60 minutes would maybe like the stock market story of the century? Mr. Maheu could probably deliver it -- the SEC, the DTC, the whole market at risk because of the cards he holds. Again, this assumes the NSS can be proven publicly.
IMO, we must have some sort of leverage on our side, and imo the most likely leverage is that the SEC would rather have this whole thing swept under the rug and forgotten. So now both sides have their leverage potentially. And in the end, I have no idea what a "face-saving" resolution to this whole mess might be that will allow the shorts to cover and cmkx to move forward and/or have a buyout and/or do a rollup. Perhaps, Urban's hand will be forced and cmkx will be forced to dilute its shares by another 500B to help the NSS cover and give them a large % position in a new entity that will be the roll-up entity. I just don't know. But money does talk. And if the shorts and SEC have enough leverage, imo they may see this as not only an opportunity to cover their short but maybe even have a big piece of the long action with a future ipo.
I just don't know. One thing that really bothers me is that for 9 months now, we STILL don't have audited financials?? I'm not an accountant, and perhaps there are very legit reasons for this, but this is incredibly disturbing to me.
Anyway, last night's PR solidified what I had been thinking. We are up against the biggest of the big boys IMO. I do believe the SEC is sticking it to us, but I don't think the folks on our side are surprised. This is probably muscle against muscle (our muscle having been Roger and now Maheu/Stoecklein plus a possible proven NSS). I see this at some level like the NHL players vs. union talks. They have stalled out. The hockey season is gone. Negotiations still look unpromising. Next season may not even happen. But somewhere, somehow, someone's going to have to budge if there is going to be an NHL season again -- and you just know hockey isn't going to suddenly disappear. I personally believe those behind the shorts (and that includes the hedge funds, MMs, SEC and DTC) have astutely handled this to keep cmkx suppressed and, ultimately, in a position where cmkx will be forced to make some concessions if they want out of this at all. Ultimately, I believe cmkx held enough cards and leverage to keep them from getting shut down permanently and have the shorts win outright. So now both sides have entered the ring, ready to slug it out. Round after round, they will pummel each other. And if we are lucky, we may land a great shot or have it called a draw (which would still be a "victory").
I do not like the way this has played out one bit and I am NOT going to sit here and fantasize that cmkx is in full control of everything and is playing their cardds to perfection. Looks to me like the shorts have played their hand pretty well themselves.
In the end, I do not know ultimately what authority or leverage the SEC will have to use against us. And I don't know what leverage we have on our side since the only real information released to date is that we have an OS of 703B shares. How much of that is held by insiders is unknown. How much of that may be used as "currency" to negotiate a settlement is unknown. How much our valuation or potential is is unknown to the public. But what it does appear to me is that both sides have something to offer. And it seems to me that the shorts had to NOT cover their NSS and had to keep this stalled out for as long as they could to get them into this bargaining position.
How confident am I? I guess I'm back to 50-50. Right now, if they were to offer me my original purchase price back (.0004), I would sell half my shares. As it is, at .0001, I don't give a flip to sell them. It ain't that much money to me and I'd rather just keep it in and see how this all shakes out. It will be interesting though, because if they do suddenly raise the pps to try to get some small covering, well then I have to wonder why for 7 months they held it down at .0001 only to THEN let it rise after an SEC investigation???????
It's all very bizarre and I wish everyone the best of luck. My opinions are just that -- my opinions. All I can say is that this has been the most insane investment I have ever witnessed and I look forward to NEVER being involved in a company like this again. I hope we finally bring down the short position but I am resolved to accepting that there is simply too much money and power on that side to have it happen too easily. In the mean time, I'm just a simple man who made an investment. I'm not going to let it take over my life. Therefore, I'm bowing out to let the market and the opposing forces figure out this whole scrum and I guess one day either my shares will be worthless, they'll be worth something, or they'll be worth a whole lot of something. I wait. And someday, I guess we'll find out.
To all the fantasizers out there, please stop. Be realistic. The PR said we don't have financials ready and the PR basically acknowledged that this was unwelcome and that the SEC does in fact wield power. I hope that when it comes down to us taking our seat at the table to work this out, that we have enough power to do a little dictating ourselves and that we're not just going to end up puppets in this grand scheme.
Bash away at me. Challenge away. Whatever you'd like. I have a life to live and since this is going to end up tied up for awhile IMO, I'm going to go live my life. I don't know what else to say. The above are all my PERSONAL opinions and nobody else's. And guess what ... they won't change a THING about the course of cmkx. So accept them if you choose or reject them if you choose, and then go about your OWN method of approaching what surely is the most unusual stock ever traded in the history of the markets. Take care everyone. Despite what many have labeled me, I'm a realistic, honest, individual investor who is still hopeful that this can be worked out to the advantage of all shareholders (and if it can bring down shorty, then that's a HUGE bonus. LOL).
Take care everyone. I mean that.
QUESTIONS WORTH ASKING
1. Why did the SEC wait 9 months since Roger's arrival and years of billions traded to finally suspend trading?
2. Why did it happen a day before the OS was to be released?
3. Why have bashers relentlessly assaulted a piddly .0001 stock that can't even go DOWN any more for 9 months?
4. Why has cmkx traded at no bid for only a matter of minutes every time it has reached no bid?
5. Why are the "usual suspects" trashing a .0001 in the very publications that have themselves been the target of libel/defamation suits?
6. Why would Maheu take on a .0001 stock if it was a scam near the end of a very illustrious life (illustrious enough to be the keynote speaker for the NY DKEs and a featured story on 60 minutes)?
7. Did we ever hear anything more on why the sec also decided to interfere with USCA's trading?
8. Why was cmkx given less than 60 days to file their audited financials when that's what the law permitted imo?
9. Does anyone REALLY think that 1.9M acres surrounding DeBeers and Shore Gold along with a TDEM survey really showed nothing?
10. Why are Kensington and Shore Gold soaring while the holder of 1.9M+ acres around them stays at .0001?
11. If their TDEM survey did NOT include hundreds of anomalies, why wouldn't the SEC have shut this down back in July?
There are dozens more worth asking. Something stinks here and it's not cmkx.
ANDY DID NOT SAY THAT
Not only did he not say that but he will not be saying anything until the company clarifies, whenever that is. Anyone posting anything that Andy said in an effort to possibly get he or the company in trouble for statements never made, imo will be forwarded on to the cmkx legal team. From this point forward I am assuming any post that begins with "Andy said" to be false.
BOBRAINEY
Should we expect an sec halt on glkce then? LOL
IF YOU HAVEN'T READ THIS YOU SHOULD
I highly doubt we will take such an in-your-face approach simply because I don't think it's wise to jack with the SEC that way. Speak softly and carry a big stick (and if you're bob maheu, use it to whack out their knees LOL). Anyway, interesting that between this company, usca, and cmkx a pattern seems to be emerging in terms of how the sec deals with unwieldy NSS issues?
http://biz.yahoo.com/bw/050225/255448_1.html
ONE THING I LIKE
In all my years of otc investing, I have never seen what I believe to be such a blatant short position, but more importantly, I have never seen an otc that has had adequate legal representation and a legitimate bod member to actually move forward and combat any naked short position. And I think cmkx is the first contender to have such. I do honestly believe the final battle is here -- winner takes all. I, however, do not see this as a "this was planned" or "cmkx shocked the sec". No I see this as we have now stepped into the ring for real. We've won all of our preliminary bouts. I believe we are now stepping into the ring with the heavyweight champion of the world. This truly is Rocky and imo we are about to get the living crap kicked out of us BUT we have a shot imo. A legitimate shot. I believe we've trained hard (perhaps Roger was part of that), I believe we're prepared, I believe we have what it takes to endure this battle and now I believe we must prove it in the ring against someone that has chewed up people like us their entire career scoring probably 999 knockouts out of 1000 fights. I believe we better have the night of our lives to win this fight because I think we are up against the most lethal, most well-trained, dirtiest, nastiest, steroid-infused fighter in history. This is David v. Goliath. Rocky. Whatever you want to call it. Just don't forget that for all the ammo we have, imo the people we're up against have all the money, power and, if the SEC is in bed with them, unfair advantages that an opponent could have.
My sincere hope is that we know their one weakness and Robert "Luke" Maheu takes that one perfect shot that travels down the core to detonate the death star. The very best of luck to all of us rebels who feel so vastly overwhelmed for so long by what I feel is the ultimate evil empire.
AS I SAID
As I said, expect there to be a delay on the OS announcement by 2 weeks. Of course, I didn't think it would be an SEC suspension that caused it. LOL But, as I said, history with CMKX is such that whenever people MOST expect anything positive has historically been when something delays, postpones, or screws it all. My main concern is that the usca suspension happened 4 months ago and still is not "resolved" that we know of. I just hope this suspension does not send us into a lengthy quiet period as well, as I'm sure any shorts that may have leaned on the SEC would have liked.
WELL SAID MACH
The only good news is that we can't tank after the suspension is lifted since we're already at .0001, and that perhaps this will in fact spur more information to become available, whether good or bad.
I do wonder why it took the sec 9 months to issue this suspension, and it does seem odd that it coincidentally was timed with a pre-announcement that share structure was to be revealed this week.
RE: ANDY
by the way, don't bother calling Andy Hill today. he's not taking calls. and i don't blame him. personally, i'd await clarification from the company if i were in his shoes too.
INTERESTING POINT WORTH NOTING
Just prior to the big buzz buildup of the Vegas party in October, expectations were running rampant about finding out many things. The SEC halted usca. Now, just before allegedly we were to receive a filing or PR with share structure, the SEC halts cmkx. Coincidence? who knows. again, all we can do is wait and see.
MY OPINION
SEC halts suck. Period. Hopefully cmkx has some very good ammo to confront this. This was a concern of mine from the time we refiled the Form 15 termination, that the sec could step in and claim all kinds of issues because we had been trading for 2 years as a pink sheet when maybe we shouldn't have been. We need 2 years of financials to be updated quickly. I hope cmkx is ready or has some good answers. Do I like this? Hell no. Do I still believe in cmkx? I guess. There's no information and I've said I've invested in this on faith and faith alone, not on actual information. I just hope my faith is properly placed.
What's the good news? When the suspension is lifted, it's not like they can tank the share price. We were at a .0001 bid. My "realist" perspective (as it has been all this time) is that hopefully we have the ammo to back this up. To date, I've seen nothing and have complained about that from the start but have assumed we must have SOMETHING to justify bringing Roger, Maheu, Stoecklein and all our JVs on-board with us. I guess we wait and see. Am I nervous? You bet. I don't like SEC halts and until we have any REAL information, there is absolutely NO REASON anyone should be saying "relax, we'll be fine". Is this a delaying tactic by the SEC/DTC? Who knows. Anyone claiming that it is is claiming so in a vacuum. Anyway, all we can do is wait and see. Sucks. That's the bottom line.
LOLLYBELLA RE: NMCX
If you believe in what nmcx is doing (I do), they are demonstrating a strong sense of turnaround in what was likely a pink sheet without much coherence or direction for awhile. They brought on a new CEO, are using an accountant from PKF, have adopted an anti-takeover poison pill, have methodically produced annual financials, have now delivered the assays upon which their valuations are partially based, and have stated they are in the process of an audit for full compliance with SOX. The aim as I understand all of this is to become fully compliant with SEC reporting and SOX, obtain an otcbb listing (for now) and have the values audited and verified to such a level that there is no questioning them. To me, the biggest tip-off as to whether this is real is the identity of the $500M contract buyer. If that proves to be a real company with a real commitment to purchasing these specific rights, well that's $50M in our pocket per year for 10 years. I don't know of many pinks with that kind of cash, if any. I'd be a huge believer by then. But even with audited statements by a PKF accountant, I'll be a believer. There's always risk, but this one seems to be handled in the right direction right now. There are plenty of negatives and risks (see the litigation against Furlong) and plenty of question marks. But overall, I feel it is a huge risk/reward ratio worth taking. And the timeline does not seeem to be an infinite one extended out like cmkx -- nmcx seems to be methodically moving forward if you read there PRs in the last few months. Again, I give it 2 years, but I know you're a trader. LOL So maybe you'll give it 2 months? 2 weeks? LOL good luck to you as always.
CAN SOMEONE EXPLAIN THIS TO ME???
Does it really take 4 full days to write a PR? LOL We heard yesterday that there would be the OS revealed this week but that it was being held up until a PR was written. Okayyyyyyy, even assuming legal needs to review the PR, I've never heard of a PR taking 4 full days. So if it's not out this week, just what the hell is in this PR? LOL And you just KNOW that when the PR comes out it's going to be less than a paragraph. LOL
Anyway, expect the PR in 2 weeks. It will get delayed this week. Next week will be some other excuse and then maybe the following week we'll get our second "corporate update", assuring us that everything is on track, saying nothing new, and thanking us for being patient as the company readies itself to reveal share structure "in the near future". yeah, stop rolling your eyes and just accept it, because you know that's what will happen. LOL Not being pessimistic, just basing my gut feelings off of history which seems to particularly repeat itself with cmkx.
THERE IS A CURE BO.
Directions: Take one Buy&Hold and call me in 2 years.
LOL Yep, pretty funny to watch. I've had some pinks/otcs triple a week after I bought and I've had some dump 75% a week after I bought. You just never know. My game plan on nmcx though is 2 years. I think a lot needs to happen for it to start to sizzle. In the mean time, whatever shenanigans the MMs want to pull is fine by me. What I do know is that the current market cap is not even in the same galaxy as its potential IF the assays all pass the audit and our mysterious buyer is revealed to be a true player (who the hell has $50M/year over the next 10 years???? can't be small-time potatoes, that's for sure).
We shall see. Take her down to .005 or rip her up to .05. It's not up to any retail investors -- in the pinks, it's up to those that control the market.
GUMP90
Yeah, I saw your bashes on RB and really don't care. Whatever your connection to Coggins and Arizona is I don't know and don't care. There is no cover to blow other than I have invested my money in a stock that I believe is on track to prove the naysayers wrong. Guess what? It's a pink sheet. And those involve risk. And any pink sheet that has EVER made it (and I know few have) had a literal ARMY of naysayers. So think what you may, I'm simply an investor that made an investment decision. I disclosed my opinion and it's quite funny that it worked you up into such a lather. Take care. This is my last response to you.
ADDENDUM
And for the record, I believe there are some adverse interests in nmcx although not nearly as ruthless as cmkx. I fully expected the pps in nmcx to be capped today on last night's news. They let her run to 4 cents awhile back and took it right back down. At .01, if we are to believe the OS of 500M, that's a market cap of $5M. Do the math and perhaps you'll reach the same conclusion I did: if these numbers hold true through audits, that $5M could be $5B when it's all said and done. I'm glad it's stalling since I can accumulate some more if I choose. Plus, I do think that those that "know" what is going down would like to either build their inventory or cover their short and go long. All just my opinion.
MIGHT AS WELL COME CLEAN ON THIS ONE
I am breaking my very long silence on a particular topic. Thus far, since I have posted I have NEVER discussed any of my other investments. I have been monogamous with cmkx and cmkx only. I will now break that silence and only as a result of the news last night.
I believe and have believed very strongly in what is happening with nmcx. I am not going to state my reasons why as they should be plenty obvious by reviewing the assays and valuation reports. IMO nmcx is a company that has methodically handled itself despite what were also some considerable uphill battles. IMO they appear to be nearing final stages on audits. They have offered up information in a relevant and helpful way to shareholders. The information continues to flow and continues to look better and better. I am/have been pleased to see some people I respect greatly (Bo, Mach, Drillbit) all this time also surveying and investing in nmcx. I currently own over 200k+ shares. I may add more. This is the kind of risk/reward ratio I like in pennies. Because right now, if these valuations hold steady into the audit and the announcement of who the buyer is, I have to agree with Drillbit that we are looking at a stock well into the dollars and, pending other property values, possible double digits. All just my opinion. And as I said, only because of last night's news am I even mentioning this at this point. My DD on nmcx has given me peace of mind in making this investment. My average purchase price over time is roughly .013 in nmcx. I see this as a phenomenal investment for the next 2 years. I do not have a short-term time frame at all on nmcx. Nor will I be constantly checking in on it. I will add to my position as I feel it is comfortable to do so with my finances.
I hate that my two most aggressive investments have 3 of the same 4 letters. LOL But that's life. Go cmkx and go nmcx!!
HAHAHAHAHAHAHAHAHAHAHAHA
Owclar, isn't that a hoot? Lee Webb and John L. Smith both going after Bob Maheu ... incidentally, the same guy invited as a keynote speaker for the DKEs. LOLOLOLOL
Anyone not familiar with the DKEs should check out this link (thanks for the great find Bo!):
http://www.dke-nz.org/famous.htm
But my oh my is that funny that Webb and Smith are so busy trashing Maheu that they forgot to notice that he was invited to speak at the NY DKE club and that he was interviewed IN FRONT OF AMERICA on 60 minutes. Oh yeah, and by the way, he ran Howard Hughes' billion dollar empire. LOL Oh, but the GREAT news is that if you skip to the bottom of Webb's article (I can't actually read them without puking so I read the first two sentences and the last two), you'll find the promise of MORE great research on Maheu ... no doubt very objective and fair-minded research. LOL
I just have to ask what complete nutjobs like Webb really think they are accomplishing with such trash. If more than 5M shares are sold because of his article, I'd be stunned. Congrats shorts, all of Webb's hard-workin' research imo has netted you a grand savings of $500. Yep, that's 500 big smackeroos.
The REALLY comical thing is that if cmkx was set to fail and the shorts knew it, there would be no reason to even do all of these smear tactics. The stock would simply fail on its own when news or filings revealed the so-called smoking gun. But yet for NINE MONTHS NOW they have continued to hammer away at cmkx with relentless assaults. WHY??????????
Hopefully we find out the answer this week. That is, if any of this rumored information about share structure being released comes true. Personally, I'm not expecting it simply because every time the hype for a PR or news has built up in the past, nothing has happened. But I do find it interesting that a few short weeks ago, Maheu came on board and announced that shareholders should be communicated with on a more open basis. If they were to start with the share structure, that would be a PHENOMENAL START. We'll see maybe this week if Maheu is backing up his bark with some bite.
DRILL, IS THAT
is that OS or float for your guess? LOL If that's OS, the market would never be the same and we would go down as history's all-time greatest stock movement.
MY OS GUESS
In the very bizarre event that the rumor comes true about us finding out the OS this week, I will go ahead and submit my GUESS. If I nail it, this is only a guess.
My spec-o-lay-tion for the week (and I only do this out of fun, not out of any seriousness) is:
OS = 175B
Float (not including NSS) = 40B
HUSTLER/5-YEAR OLD
zen: what is the OS?
andy: no comment (or "I don't know")
zen: when are the filings coming?
andy: soon
zen: what can you tell me about current and expected drilling?
andy: it probably will be in the filings or future pr.
zen: can I get the names of any new officers/directors?
andy: they will be in the filings or future pr.
zen: what has roger done for 8 months?
andy: no comment
zen: what is stoecklein currently doing?
andy: no comment
Any other bright ideas Hustler? Or maybe you'd prefer I drink the kool-aid and assume that because Morgan Stanley/Citi was on a freakin' race car decal this weekend, that we are going to 10 cents by Friday. Do you even BEGIN to understand how many pizzants like yourself I have seen come and go for the past 9 months?
DO YOU NOTICE HOW MY DETRACTORS
come out to ding me any time I question anything? Do you notice how I got sledgehammered when I said Melvin was a windbag who was harming cmkx? Did you notice how the "village" attacked me with pitchforks for months until Melvin began to grate on their nerves and he ended up "resigning"? Did you notice how I got labeled the Devil when I said the Vegas party was a bunch of hot air and Urban was an idiot for celebrating before there was anything to celebrate? Did you notice how nothing new was revealed at the party despite all the threatening "you'll be one sorry idiot zen by the time this party's at its height on sunday night"?
Well I've noticed that whenever I splash a dose of reality on things despite my very optimistic, long position on cmkx, that the 5-year olds rear their heads back with venom because they can't seem to comprehend that I'm a real investor that still expects Urban to behave like a real CEO. He's a promoter. Get over it. And be THANKFUL he's handed the reigns over to someone ELSE because Urban himself would NEVER be a good President. Even HE realizes that which is why Maheu is on board and a new President is being selected. Anyone bashing me, GET OVER YOURSELVES.
FAITH IS DIFFERENT THAN TRUST
Faith is blind. Trust is earned.
I have faith in cmkx because I am an optimist and am blind/stupid enough to believe that this could be as big as I hope.
I do not have trust in cmkx because thus far they have not earned it. The only thing they have done is strung me out for 9 months.
I rely on my faith and not trust with cmkx, mainly because they haven't left me much choice.
111MARC111
When the company gives me something concrete to be positive about, I will be uniformly positive. In the mean time, I HATE the fact that Urban's hyperpromtional nature gets people riled up for no reason. In case people have forgotten, every single race between June and November last year produced infinite "positive" feelings, renewed optimism, mass celebration, and people starting to look at porsches on a weekly basis. And, well, gee that worked out, didn't it? pps is .0001 x .0002.
give me something REAL. I'm ready to be impressed. A freakin' decal on a car and other hot air that we've heard OVER AND OVER again at races is NOT enough to even smile about.
OH WELL
Guess we're back to inviting rumors and inside information. Some people never learn, and that goes for both shareholders and insiders. Hopefully, we don't all pay the price for this.
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=163227
NOT AGAIN
Here come the race rumors again. Sigh. I don't give a crap if Warren Friggin' Buffet's mug was on the hood of the cmkx car, until we know ANYTHING about what is going on with cmkx through formal means (filing, PR), I refuse to believe ANYTHING heard at a race (and as for the citigroup ad, god knows this is further Urban promotion -- for example, he has a buddy maybe at Citi Group and offers up free advertising because he knows it will send shareholders into a tizzy -- Urban has proven again and again that he is not past taking advantage of every oppotunity to promote and give shareholders "hints" NONE of which have ever amounted to anything). Believe me, I hope just as much as anyone that we are all heading towards a glorious resolution on this, but I am NOT going to send myself into euphoria because of some sticker on a race car or other mumbo jumbo at the races. Good Lord, we through ALL of this last racing season.
I look forward to filings. Period. And hopefully before the SEC figures out how to much things up further for us.
JUST DISGUSTED WITH UC
All I can say is thank god Maheu is on board because if it were left to UC, cmkx would be promoted for the next 20 years and probably never move past .0001. Seems that Urban is always fishing for new angles to promote and the link below is just repulsive in every way imaginable. While thousands of shareholders continue to wonder what the hell is going on with the company, UC is still busy doing about the only thing he knows how to do ... promote. So let's see, we've got CMKX visas, CMKX race cars, CMKX motorcycles, and now a CMKX sponsored reality show (about Topo, imo a pretty sleazy pumper who has appeared numerous times on RB to pump cmkx and recently aztm). It's one thing if Urban personally wants to engage in various hobbies, it's an entirely different matter when it is a cmkx-endorsed promotion. It's just disgusting that the company refuses to divulge ANY useful information to investors and yet they are out promoting the hell out of cmkx. I said a long time ago that no sizable institutional investor would ever take a clown like UC seriously. We better get some solid officers/directors in place, because I highly doubt any REAL money will back a company run by Urban, the hot air balloon. And it is MY VERY STRONG OPINION that the pps of cmkx will NEVER go higher until big money is behind cmkx. Retail investors will NEVER have enough ammo to move this stock past the shorts. It will require institutional money to convince the shorts imo to reverse their course of action. And the problem is that cmkx has shown NOTHING that any serious institution could trust. My faith was always in Roger and not UC. That baton has now passed on to Maheu and Stoecklein. I hope they get the job done because UC's hyperpromotional propensity just repulses me.
Don't believe me? Look.
http://www.thetradershow.com/022405a.html
WASN'T HE SAYING THIS 6 MONTHS AGO????
I think he drank so much of his own kool-aid, he may actually believe he's Urban. LOL
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=161928
I'm 100% behind CMKX but someone please get this guy some Immodium and plug him up.
ROUGH JUSTICE?
Well, who knows, there may be a back door to nailing Topo after all, assuming he did anything wrong (you know MY opinion on that). With Topo and Raggs both pumping the living bejeezus out of AZTM and some pretty shady (and that's putting it mildly imo) actions by AZTM, I believe the SEC will eventually get involved with AZTM. I do wonder if Topo or Raggs received any shares in AZTM before they went on their pumpfest. If they did, they might as well start hiring a good defense attorney. Obviously I don't know the real story behind AZTM, but just on the surface, imo, something's very wrong there. If they received shares and if they are dumping them on the market on this news, I seriously hope they get busted and charged criminally. The fact that AZTM looks as suspicious as it does coupled with Topo's pumping (and his new show The Trader apparently endorsed somehow by CMKX (or CMKXtreme), makes me extremely uncomfortable with the fact that Topo had any kind of close ties to Urban. I hope Maheu has corrected that situation post haste.
WHY ARE THEY DOING THIS?
http://biz.yahoo.com/bw/050222/225447_1.html
Didn't DeBeers tell the world for years that FALC wouldn't likely amount to much?
Oh, and don't forget to check this one out.
http://biz.yahoo.com/cnw/050131/forest_gate_property_2.html
That Newson guy sure looks familiar ...
I AGREE EVILTWEET
The only thing I can say is that even the shorts are savvy enough to know that calling the sec a thousand times isn't going to get the sec to suddenly demand immediate compliance. I doubt the shorts will waste their time calling the sec or our lawyers. Instead, my guess is the shorts will be scheming other ways to infiltrate the sec at higher levels and somehow pressure them to do something adverse to cmkx's interests. That's why we're a pink sheet and that's why this is a risky stock. All we can do is hope that we survive this next round. In a 15 round fight, we've probably already made it through 3 rounds against the heavyweight champion and we're still standing! That's far more than anyone expected. All we can do is keep our hopes pinned on us being the next Rocky and surprising the champ.
But it really is silly to put out a notice to people to stop calling the sec. Most probably wouldn't anyway and it's not going to change anything. Plus, if it reallly did, imo the shorts would be calling the sec 24/7 anyway. But hey, cmkx is about drama, and THAT we never lack (the same, however, can not be said for lack of INFO though LOL).
A FOLLOW-UP ON MAHEU/STUPAK
Seems Maheu served on Stupak's board of directors. Stupak, by the way, is the man responsible for the $550M Stratosphere (granted the stratosphere ultimately failed but it was one of Vegas' largest projects ever).
http://www.lasvegassun.com/sunbin/stories/archives/1996/mar/07/504447949.html
As mentioned before, our new attorney was an applicant alongside Stupak on a $300-400M proposal for a new casino.
http://www.lasvegassun.com/sunbin/stories/archives/1999/mar/12/508529924.html
In an interesting twist, seems that our buddy John L. Smith, the gunslinging "journalist", has an axe to grind with Stupak as well. Check out this headline in this article: "Moncrief mess presents challenge for notorious huckster Stupak"
http://www.reviewjournal.com/lvrj_home/2004/Aug-22-Sun-2004/news/24591051.html
Seems our buddy John L. Smith is not very bright either. Seems he has a habit of defaming big guns in Vegas. Guess we should be honored that he has chosen to trash cmkx since he also went after Steve Wynn (Vegas' wealthiest man). Looks like Smith escaped a libel verdict but his publisher didn't
"In 1995 Review-Journal columnist John L. Smith published a biography of Wynn called "Running Scared." Wynn sued the author and the publisher, Lyle Stuart. He won a $3.1 million libel judgment against Stuart, not for the book's contents, but for statements made in an ad promoting the book, which Wynn said implied he was connected to organized crime. That verdict is on appeal to the Nevada Supreme Court, but Stuart was forced into bankruptcy. Wynn subsequently dropped his suit over the book itself."
http://www.1st100.com/part3/wynn.html
2 interesting things from all this imo:
1. Between Maheu, Stupak, and Stoecklein, there is some kind of old school Vegas boy thing going here. And their path leads to people with money.
2. John L. Smith seems to be on a deathwish if he keeps aiming for people in Vegas with power and money.
ANYONE GOT $300-400M? I KNOW SOMEONE WHO DOES.
Hmmmmmm. Perhaps our guy Stoecklein is more connected than we think. Seems Bob Stupak who built the Stratosphere in Las Vegas applied to build a $300-400M project back in 1999. Also listed as an applicant was "MRA Corp., represented by Don Stoecklein". That ain't small potatoes when you're rubbing heels with Stupak.
http://www.reviewjournal.com/lvrj_home/1999/Mar-12-Fri-1999/business/10781182.html
http://www.reviewjournal.com/lvrj_home/1999/May-08-Sat-1999/news/11141701.html
Ultimately, it looks like the project was doomed due to zoning and other city council issues, but still ... is Stoecklein a bit more "involved" with Vegas money than we think? The fact that he is associated with Stupak and Maheu is certainly an indication.
HIP HOP HOORAY
This is very nice.
http://investorshub.com/boards/seebans.asp?board_id=2515
Mach, just so you know, if you put up a board anywhere else, I will follow. I do not care for a website that caves in to the bashers that bully their way in with "free speech" BS. Free speech is one thing. An agenda to destroy companies is another. Freedom of speech should not be a shield with which to dismantle small companies and support what I believe are large offshore hedge funds destroying the otc market for their own private gain. That's called terrorism, not freedom. Matt at least is making an effort. Banning Janice Shell was a very good step. But bashers still pretty much ruin most of the other boards on ihub. If you still feel Matt is not doing enough and it is worth shutting down and going to another board, you have my support. This is the only board I'm comfortable posting on. There have been many recent successful trades brought to light here first before I saw them anywhere else. Kudos. I refuse to discuss any other stocks for right now until cmkx begins to move. Not to sound arrogant, but I seem to draw a crowd and I'm not about to open up other stocks to that. As cmkx begins to move, there are a few others that I have my eye close on that some day I might begin to discuss. Anyway, thanks again Mach. Have a great weekend. :)
HI FLEETWOOD.
Everyone's out and nobody's reading these boards tonight. Just felt appropriate to say a few things that needed to be said without cluttering up the board during the more trafficked times. Cheers and have a great weekend.
IT'S OFFICIAL
Now that AZTM has finally started trading and is tanking 40% today on whoever is dumping, can we finally arrest Topo and Raggs and charge them criminally? LOL Is it true that Topo got shares in AZTM and might be dumping? hey, maybe we can find out when The Trader is broadcast. LOL I hope The Trader features segments of them in their jail cell after they get busted. LOL I think it's pretty safe (not that it wasn't before) to say that Raggs and Topo are cancerous, and I would treat anything out of either of their mouths as toxic.