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If CMKX settles up with the SEC, will common shareholders see any of that money?
Someone call the TA and ask if we can get the OS now.
WHEN DO WE GET OUR MONEY BACK? LOL
Gotta laugh at this one... Only thing I can do at this point. I didn't lose much...All I hope now is that there's some sort of closure to this damn thing. I didn't pay for a story with no ending!!!
I keep thinking "Why now? Right before all this info is going to come out?" Well, maybe it's a big conspiracy, but maybe it's just that since the real numbers are coming out the SEC has just now seen them and realized how F**ked up they are, and slapped this on CMKX.
Oh well, gooooooooo QBID!!! LOL
"Since bashers have made it crystal clear that the number of outstanding shares is at least 779 billion, we figure that any number less than 779 billion should be hugely beneficial to the stock price. If the number is less than 500 billion, we view this as a major positive."
You see? How in anyone's right mind is "less than 729" or "500 billion" a major positive?? I'm thinking UC pulled the AS high so that when a huge OS is revealed, the shareholders will accept it as a positive. I'm not actually thinking that...but it wouldn't surprise me either.
I hope there's something more in the PR than just the OS figure (though I'd be happy for any substantial information). It would just seem odd if the company wrote:
CMKX is pleased to announce that the OS is 400 Billion and the float is 100 Billion. We'd like to thank our shareholders for their patience. We're excited about the future of our company.
We'd also like to thank Melvin and Melvin's nephew for absolutely no reason at all. We'd like to thank Roger Glenn for reasons that have nothing to do with the reasons we thanked him before.
Bob Maheu would like to give a shoutout to his stepson's best friend for reasons that may have little or nothing to do with the company and that cannot be disclosed at this time. Mr. Maheu would also like to state that "CMKX is beginning to become a real company. Our next goal--now that we have sorted out and fully understand the complexities of our sharestructure--is to transform CMKX into an actual company that does actual things that produce actual moneys. Our goal will be revealed to our shareholders in no less time than ten years from today. Until then, our goal will be kept in a secret warehouse and subjected to tests that do not yet exist. Oh yeah, thank you John, Telly, Jared, Sneeze, Leonard and Doug for that thing you did before."
Forward looking statements to be revealed when secret goal is finalized.
Billy,
Agreed. If the OS is released this week...it all comes down to this. I also agree that a 100+Billion OS is nothing to celebrate about. If the actual number comes out to 150-175 billion, I'm sure all of the groupies will be happy when they should, in fact, be forming a mob to hunt down UC!
A real conspiracy theory would have it that UC increased the AS to 800 Billion in order to make the actual 175 Billion OS look like a good thing, thus avoiding the wrath of desperate shareholders. That may not be very far fetched, considering all the celebration about a possible 100+Billion OS. But, what do I know.
Best of luck this week!!
Thanks 100/1 -- Good to see you too! eom
Hey Everyone,
Like most shareholders, my patience with this stock and my belief in it wore thin in recent times. I used to enjoy talking/b*tching about the OS and sharestructure, but I got bored of myself after a while. Now, the OS is back in conversation, and rumor has it that we'll know pretty soon! Even if the number is bad, I don't care, at least we'll know something about this company for once!! And we'll have at least some support to statements/arguments made about the company. Maybe, we'll finally be able to have some real discourse. That makes me excited, however this unfolds. Everyone, should be excited--Bashers and Pumpers, and oh yeah us common shareholders, too.
I just have some questions...to Bassplayer, and everyone else here, since I've been sort of out of the loop for the past week.
How do we know the OS will be released this Friday? Who spoke to the TA? How many people spoke to the TA? Has this definitely been confirmed? Where did this rumor start, and is this more likely than all the other rumors about this company?
Also, what are the rumors on the OS number? I've heard some figures, but I don't know where they came from. Can these rumors about the OS number be confirmed? Has the TA hinted at the number? Or is this all just BS churned up in the rumor-mill??
Thanks...it's hard to believe that after all this time, this stock is still so damn captivating! I was almost lost for a moment, but for now, I'm back in. It's funny how everyone always asks Janice why she's here. Simple, CMKX! Can't stay away from the damn thing!! GLTA!!!!!!!!
LOL - sorry about the caps lock, i was midway throught he post when i realized it and i didn't feel like posting it over. thanks for the help!!! much appreciated.
OT: I NEED SOME EXPERT HELP HERE.... HOW CAN I TELL IF A STOCK ON THE NASDAQ HAS BEEN HALTED? I'VE BEEN FOLLOWING A STOCK AND SO FAR TODAY THERE IS ZERO VOLUME, NO MOVEMENT and NO TRADES SHOWING ON YAHOO, CNBC, BLOOMBERG, AMERITRADE ETC. BUT, THERE'S NO NEWS LISTED, HOW CAN I FIND OUT WHAT'S HAPPENING?? THANKS.
Oopps, yes, what I meant to say was that all companies in the market, must have, at some point, sold shares for the purpose of raising money. Sorry about the misunderstanding.
And to further clarify, I'm saying that we don't know how our money is being applied until we get the fundamentals from the company. Therefore, at this point, I don't trust the company.
OHHHHH, okay, I see. YES, you are absolutely right, the main goal of a company is to produce money through product, not selling shares. YES!
BUT...the point of the stock market is for companies to raise money by selling shares. The point of raising this money by selling shares is to use the money to grow the company and produce great earnings -- production that could not have been accomplished without having raised capital through share selling. That's what I'm talking about. Thus, all companies sell shares to raise money and that's the point of the market. There's a difference between the point of the company and the point of the market and you thought I was confusing the two. The point of the company is to make money by selling product, the point of the market is for companies to raise money selling shares. When a company is just starting out, though, selling shares is a main way of raising money. That's all I was saying and that's why with CMKX I assume our money went toward running the business. To clarify even further I'll ask a question: When a company sells shares, is it to raise money? Doesn't the money that they raise come from shareholders buying shares? Isn't the money raised supposed to go toward running and growing the company? Therefore, shouldn't our money that we gave CMKX be going toward running/growing the company? Doesn't "running/growing" include hiring people and consultants and paying some expenses, including salary? Thus, we shouldn't be concerned with where CMKX got its money (we should know it came from us)...We should be concerned with HOW THAT MONEY IS BEING APPLIED! IT SHOULD BE APPLIED TOWARD GROWING THE COMPANY. If not, then this whole thing is a scam. That's all I was saying.
C'mon Algee, go easy on me. You may have misunderstood my post. I was simply pointing out that the issue to be concerned about is not WHETHER CMKX sold shares, because all companies in the market must sell shares to raise money. The issue is HOW OUR MONEY IS BEING USED. That's it. I didn't mean to imply anything else.
And I doubt my mentality is the reason why Pinky's are able to exist. Pinky's are able to exist for the same reason why the Lotto is able to exist -- It's cheap to buy in and the potential return is extraordinary and unmatched in other markets. Every day, one Pinky or another is running (while another is tanking miserably) -- and the running keeps the dreams alive. And I'm not an idiot as to how easy it is to SCAM in the pinks, and I'm not a doughy-eyed dreamer with a knife in my back, chanting "Naked Shorts!" and all the other CMKX cult mantras. I took a chance with CMKX for the hell of it, and I'll let myself dream every now and then. BUT, until CMKX files, I'll assume our money went right into UC's pocket, because that's just the way human nature works and that's just the kind of person I am. I hope that assumption is proven wrong, and I'll hold my stock and wait to see. GLTA.
"The main point of a company is to offer shares to shareholders in an attempt to raise capital through earnings and thus share profits with those shareholders."
How is this any different from what I was saying? That's what I said! The reason why a company offers shares is to raise money to grow the business-- not out of the kindness of their hearts for us shareholders. The market was created by companies wanting to raise more money than could be possible otherwise, not by a bunch of common people randomly wanting pieces of companies. The point of the market is for companies to raise money. In exchange for providing a company with money, we shareholders become partners in that company and receive a piece of the profits.
The issue is not WHETHER CMKX sold shares. Of course CMKX sold shares they issued...that's the point of issuing shares. In one way or another in any company, shares that are issued are sold. That's the point of the whole stock market, for companies to raise vast amounts of money by selling shares, and for investors to buy into companies and provide them with capital to grow. I don't get why people see the concept of selling shares as negative. There are all these denials that always come up whenever it's suggested that CMKX is selling shares. If they aren't selling shares, why are they listed on the market? Why are they a public company? How can we trade billions of shares of CMKX every day if they were never sold by the company? AND, if we believed in this company, why is it a negative thing to think that we are supplying them with the necessary funds to succeed? That's the whole point!
No, the issue is not WHETHER CMKX is selling shares. The issue is WHETHER CMKX is applying our money to grow and build and succeed or to patch up some holes in their pockets. The problem with CMKX is that they won't tell us investors ANYTHING fundamental about the company. They hide information from us. We don't know where our money is going. Yes, it's a pinky and they don't have to tell us anything. But, as long as they don't tell us anything, we have a right to be angry, because it's our money that is building the company...OUR MONEY!! If CMKX ever succeeds, it will be, above all, because of us shareholders and the capital that we supplied. Therefore, we have a right to be angry and vigilant as long as secrets are being kept from us, because we are the foundation of the whole company, and we deserve to be treated as essential partners. It is OUR hard-earned money out there!
So, don't throw Maheu's salary out there like it's a negative thing. OF COURSE OUR MONEY IS PAYING HIS SALARY. OF COURSE HIS SALARY CAME FROM SHARE SELLING. The point is whether you feel that OUR money is being spent in the best way it can be spent. In this instance, I have no idea. Mayheu has an impressive bio that makes me feel like I wasted my life, but I don't know what it all means right now. My main concern remains the fundamentals of the company. There are very few good reasons I can come up with for ever keeping someone who gave you money in the dark about how you're spending that money. That concerns me, and it should concern all of us as investors. Mayheu is a positive, if for nothing else than some more legitimacy to the company (in addition to the legitimacy brought by Roger Glenn), but we still need answers. Good luck to all!
SUB!! SUB!! SUB!!!
I HAVEN'T POSTED IN THE LONGEST TIME, BUT PLEASE DON'T GO! PLEASE STAY. YOU'RE LIKE THE GLUE THAT HOLDS THIS BOARD TOGETHER. AND HOW WILL WE GET TO SEE ALL THAT WONDERFUL ARTWORK! IT BLOWS ME AWAY EVERYTIME. HANG AROUND, PLEASE....
SPOKES
Just to not offend, I said "Janice included" in my previous post, because I thought she'd be knowlegable about that stuff, not because I would normally not like her to respond to my posts or anything like that. I realized to late that it that statement might be interpretated wrong and come off the wrong way as an insult. For the record, I have nothing against Janice. Best to everyone!
Can anyone, Janice included, let me know if Americans have to pay income tax on the restricted dividend shares we received? Mine show a N/A value in my account. I've heard that you don't have to pay taxes until you sell them. Is this true? If not, I how do you calculate the base price? I didn't keep records on the day I received them. How do I find out?
Thanks.
Janice, I tried that, it doesn't work. That's the password to Sterling's board, NOT CMKX LUNATICS.
Hey guys, does anyone know the password to the CMKX lunatics board on paltalk?
Thanks.
explain to me how this 75 billion number works between UCAD and CIM dividends. thanks.
JANICE, what do you make of the CIM divy distribution???? I don't get it!
JANICE? WHAT DO YOU MAKE OF THE CIM DISTRIBUTION RATIO??? It seems to make no sense. According to my math, which may be wrong, the ratio states that the OS is 1.4 trillion. How could it be that high? What's going on?
IndyDude, is my math correct though? 1.4 trillion, if you don't consider the 8%??? I just want to double check.
Also, if you were right in this 8% theory, WHY ISN'T THE COMPANY TELLING US THIS? MELVIN WON'T SPEAK ABOUT THE OS AT ALL! WHAT'S THE POINT OF THE SECRECY??
guys, I'm sure my math is wrong here somewhere. The CIM shares are listed on the OTCBB as .028 for every one share of CMKX. Does that mean that the OS is 1.4 trillion? I don't get it. Please explain.
ACTX, according to the word on Paltalk, Chris from UCAD released that information.
Thanks Hoople. I think I remember Janice involved. And, maybe the company had the word WATER in its title. Roger Glenn was said to represent the company, and janice called the company that gave his client company shares a "Fraud"
She used that term "Fraud". They were a pink sheet, and they gave Roger's company shares. I have no search mechanism on my computer
Hoople, can you help me out?
Guys, please help me out. I don't have the ability to search this board. Over on paltalk, they mentioned that there was a post here about Roger Glenn being involved with a company that was given shares by a pink sheet company that was a scam. I think I remember seeing that post and Janice commented on it. Can you give me that post?????
Janice, there is a way to get paltalk on a Mac, they were explaining it but I didn't hear how....find out and go on paltalk...it would be an interesting experience.
Janice, they reddotted the board and are waiting for you to step up and type...give it a shot...
janice...they are going to let you speak!!!! please speak!!! they're going to let you type!!! go there now!!! please!!!
Janice...go on paltalk now and demolish him. Use the mic.
Janice, why don't you give him a call? I actually believe you'd demolish Melvin...and send a message to UC! Please call.
Janice, Melvin is saying that he called you and you didn't return his call. He's challenging you right now on Paltalk.
That post was serious by the way...I didn't mean it at all in a sarcastic way. I'm genuinely sucked in.
I don't know! I'm addicted! I can't stop dreaming about it! Seriously, I'm not kidding...I still think I'm going to be a millionair! I'm serious. It keeps dragging me in!