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Durama, another company that features in the same PR, is also owned by Studer.
North Sask Ventures is owned by Randy Studer, Urbie's old buddy from Petro Plus.
It will? So you think a reverse split is imminent?
When price goes higher,float will get lower for sure.
That's certainly how this kind of stock is "generated". But I'm wondering if Urbie may be a bit behind with his S-8s, now that he's so busy with the races. And of course rules governing the use of S-8s have changed recently.
My guess is that the 1B shares are from the last S-8.
No. TASR had a very very small float.
CMKX next TASR?????
Dear God. Does even Melvin not understand that the "audit" being made by the TA isn't a financial audit?
How long for the audit? No idea. What is the purpose of it? to get the books together so we can be a reporting company again.
It's already been proven that the 8.7 billion share o/s was an invention. But just for fun, let's assume what you say is true:
WHICH MEANS the entire ACTUAL SHARES ISSUED (8.7 billion)
MUST BE FLIPPED 116 times to cover all the naked short positions
in the biggest short squeeze in the history of the US stock market!!
Then why wasn't there a big short squeeze last week?
You need to stop lying to the newbies, Slurp.
C'mon, Slurp. Prove it.
when MMs are NAKED short 1 trillion shares
You don't usually pump this hard unless there's a problem. Whassup?
You need to understand how this works. The company gives a great deal of stock to a kind of Uber Promoter, aka the Third Party. He, in turn, takes his cut and then doles out chunks to a large number of tout sheets and power emailers.
Most people with any experience in penny stocks know all about this. If you have any questions, ask Willy Wizard. He's been a recipient of third party shares on many occasions.
Janice, for your information shares were never distributed to them by the company. It would have said that, instead they received shares from a third party.
I know.
You should see some of the garbage that people are posting on the CMKX board.
http://cmkmdiamonds.proboards27.com/index.cgi?board=news
It's supposedly moderated by Melvin. If so, why does he let this garbage be posted.
And I don't understand it. Why is the new attorney allowing Melvin to do this? In Glenn's place, I'd have put a stop to it immediately.
And the comments attributed to Urbie over the last months, if true, remind me of similar comments made by Jack (the Honest Oilman) Uselton of MTEI.
LOL!! Hadn't thought of that, but you could be right.
KIMPROV...dat you? ROTF!!!
Sure, Slurp. Only 10 billion o/s. Urbie and his family own at least half of that. A schlock tout sheet was paid one billion.
So you guys own no more than four billion among yourselves. Think anyone's gonna believe that?
If, per Doc Diamond, CMKX = $10 with an O\S of 10 Billion,
Too bad, Slurp. That's already been proved to be a lie. The new TA doesn't have the numbers yet.
CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER
I'm sure they've talked to the SEC and probably quite a few others who don't buy into the "Stockgate" and "Krautgate" nonsense. I'm always amazed that the marks always think journalists are gonna buy their line without checking it out.
Although if they actually did 100 hours of taping they didn't start their checking early enough.
Very responsible. Too bad no one does that here in the States.
lol, that may just happen if enough of the crazies from Sterling's Classroom call and email them.
lol, I really don't especially want to chat with Melvin...
My lips are sealed!
Ahhhh, didn't even notice!
TZZZZZZ!!
So why were the jv partners halted? Why did they request the halts? Did someone lean on 'em? I can think of no other reason for that, or for the cancellation of prior trades.
Something isn't adding up.
I find it very difficult indeed to believe Melvin would say anything like that, though many different posters have attributed rather wild hype to him. I dunno; I've never talked to the guy.
My point was that people shouldn't really be posting this kind of nonsense.
Okay, I'm a spy from a planet that orbits around Aldebaran. I was sent here to learn the ways of Earthlings. I was told that they're at their most revealing when suspicious and irritated.
You're problem, not mine. Am I supposed to make something up just to keep you happy?
Janice I doubt if any one here will buy that answer as to why your here.
Not at all. Everyone here is responsible for his own "investment" or lack of one. I just like to investigate questionable penny stocks.
btw, let's return to that article:
http://www.canadianminingnews.com/dailyreckoning.htm
Now....if the tout sheet got a billion free trading shares for a half hour's work, then how many shares did the guy who gave Urbie $1.8 million get?
Urbie, of course, wants to retain 50% ownership. So perhaps even MORE shares were issued. Perhaps the reason the a/s was raised to 500 billiion?
Interesting article:
Is this new or old?
Tia:
http://www.canadianminingnews.com/dailyreckoning.htm
The company announced Friday a longtime individual investor in the company has put in $1.8 million US with a pledge of another $3.2 million US upon completion of a feasibility study and core sampling results.
I wonder how much stock that investor got in exchange...
Yes.
We meet all requirements to list on the AMEX now under standard NUM 3. There is no PPS REQUIREMENT for this one.Either listed as a US Company or a Foreign one.A minimum of $3 applys for all the others.
And that's very odd. Do you think it may be an omission on Amex's part?
Can you name any stocks that were listed on Amex when they were selling for less than $3? Any subpennies?
I have no problem admitting that I'm wrong, when I am.
You may never see her admit she was wrong again.
when traders speak of owning free shares, do they mean they have already kept profit and left in their initial investment?
Yes. They mean they sold enough to recoup their original stake.
Janice, regarding CMKX's Canadian affiliates releasing the same CMKX PR, I don't think it's an if...they must post this info. Canada's markets will pretty much coerce them. Opinion, but a pretty strong one.
I agree. So why didn't they do that on Friday?
Could someone fill me in on the extent that the two Canadian ventures are involved with CMKX, fiscally speaking? I'd like to get an idea of the proportion of rate of change for CMKX I can expect on Monday, a little monetary data would help.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=8505
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=8495
now look at the claims map. cmkx/kpg/uca/ARE one there!
Of course they are. They're partners.
Can't be done without a reverse split.
I don't see why we would not make the move to attain a listing on AMEX or Nasdaq through being acquired by UCAD (a friendly merger) and applying for listing.
Does this guy seriously believe a trading suspension would be a Good Thing?
Many saw our Canadian Joint Venture Partners today begin to take off and trade was halted and the trades reversed! Phenomenal in my book! I'm sure most had inspiring thoughts that this will happen to CMKX Monday, and it probably will!
Geez...shades of PCBM.
This alone is enough to get the stock halted:
T WAS ONE OF THE BEST CONVERSATIONS I HAD HE HAD ME LAUGHING FOR A WHILE MELVIN KNOWS WHAT HES TALKING ABOUT AND WHEN HE SAYS THAT WE HAVE THE BIGGEST DIAMOND FIND IN THE WORLD THE MAN MEANS EVERY WORD HE SAYS..
Melvin badly needs to shut his flapping mouth.
Ol' Sterv has nothing between his ears but dreams of dollar signs. He needs to get used to being considered a joke.
lol, it reminds me of Pugs's "I AM NOT A TOY!".
Late night thought: What if we saw an identical press release to CMKX's Thursday night PR put out on Monday morning by UCA and KPG...
Better question: why didn't UCA and KPG put out press releases when CMKX did?
lol, Drillbit just makes stuff up. Whatever he wants to believe. And then others reply, and within a few hundred posts it's all "true".
Now that's pretty interesting. Nuffy isn't a whackjob; she usually has her had screwed on right. Wish she'd been clearer about whether it'd happened to her, or if she'd just heard about it from someone else.
How interesting. I just did as you suggested. Apparently kpg is halted.
Just enter letters "kpg" in window here:
http://quote.stockwatch.com/sw/quote.dbm
I can't pick up the news because I'm not a member of Stockwatch.
Only if she remembers to sell.
She felt sure it was as they said. It paid off.
If any problems arise, dumping 1.5 billion quickly won't be easy.
In comprehensible. lol, you'd think at the very least gate would understand by now that trading halts do NOT impact share price in a positive way. Ever.
That's a great thread. I highly recommend it to everyone.
By selling stock, obviously.
How would Casavant even have the money to hire a law firm this big?
Attorneys aren't "nice" when it comes to money. They want a hefty retainer up front, and payments every month thereafter. Glenn didn't just pat Urbie on the back and say: "That's okay, pay me when CMKX's ship comes in...".