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Chill GUMPSTER..........Aren't we lucky to be alive and well?
LOL! Worried? About what? :)
Good Evening my little pretty! Wow time is flying fast. Before you know it we will have our GEMM and SGGM divvies IMO!
Do yo think LEE will be able to find another job after I sack him? You won't give him a recommendation now will you my little pretty? :) I may buy all those dirty rags and do the journalism world a real favor! Of course I will donate them to charity, probably a university. That would be a great PAY IT FORWARD!
Boy that ROGER GLENN is quite the master mind isn't he. I hear they are trying to get Harrison Ford to play his part in the block buster movie coming out, THE SHIFTING SANDS OF CMKX!
Oh yea, Urban has already purchased a movie studio for the CMKX trilogy. Oh but you probably know all that my little pretty. :)
Well check with you later, oddly enough I just got some certs from another company I own shares in. LOL who would think I would have such a great year?
Keep Smiling my little pretty!
Bye, Bye!
BBP!
By: rbitulsa
19 Oct 2004, 02:07 PM EDT
Msg. 102275 of 103130
Jump to msg. #
The SEC is forcing a non-retail covering.
This is the last few paragraphs of my previous message, if you want to cut to the chase (the short story, so to speak)
The covering we are seeing right now is essentially a change in accounting for CMKX shares by anyone who is/was a lending member to the DTC for CMKX, who is/was reporting to have a long position of unpledged CMKX shares in their DTC trust account, and further was a lending member who was at the same time selling or brokering the sale of short shares of CMKX, and not settling those sales at the required T+3 (or ever).
The “covering” is taking place on all shares loaned out to the NSCC, by the DTC Member described above; specifically, those shares loaned out in order to cover a retail settlement failure within the DTC system, and retained on the DTC Member’s books as still being owned by the DTC Member. The SEC is requiring that these shares be re-accounted for as sales, rather than loans, and be removed from both the books of the DTC Member Lenders.
Because the share loans (which were done blind to the market) are now sales, these transactions must be accounted for in the market and through the tickers.
Simply put, say JEFF for example was responsible for both facilitating sales of CMKX which never settled, and was receiving back buy-in shares from their own purchases which went unsettled, all while reporting a long position of unpledged CMKX shares into the DTC trust – showing them as available to be borrowed.
The main effects of this covering:
1) It drastically reduces the number of naked short shares in CMKX. In the example (see 58 – 59 above), the short-seller sold 1,000 naked shares into the market (and failed on it’s settlement) but 2,000 shares ended up being legally owned (1,000 by the buyer and 1,000 by the DTC lender). With the accounting change, in this example, there is now only the short-sellers initial settlement failure which remains open, and the buyer becomes the sole owner of the 1,000 shares.
2) As DTC Member Lenders re-account their “loans to the DTC” as sales, it reduces, and likely completely eliminates, their “long positions” in CMKX, which would also significantly reduce, if not completely eliminate, the DTC’s “borrowing pool” for CMKX
When this “phase” of covering is complete, there should be one settlement failure for every fake share held in the retail market.
IMO
- - - - -
Gengbaby.........how are they going to keep us from the promise land.....other than their little nasty tricks?
BBP!
Janice.for your info it was an error. The girl reading it out made a mistake. You can lket everyone know we have confirmed it is an error!
BBP!
BoatrGirl..............Looking for my certs tomorrow. BTW, Gary lives in CA. now. He is doing so well and turned his life around. I'm a cert windfall now, HRCT, UCAD, CIM, GEMM and well their are suppose to be a total of 16 from CMKX. Lets hope so! Look for news or info out tomorrow. I think everyone from paltalk is on to something. There was an admendment filied this AM I beleive. Take Care,
Tennis - BBP!
Sorry Smooth...you were picking up on an on going conversation with another poster. No one was giving him guru status or any such thing. We were only discussing the mechanics of how we could receive a cash divvy before the party!
I should have made that clear.
TIA!
BBP!
Yep.just caught the date on that baby! LOL!
Happy Halloween!
Happy Halloween!
Making the MMs and Bashers sorry they were born my little pretty! he He He! :)
Saltydog........said the other day that we will get money for our UCAD shares because they really are not t in our account. They are just a cuspid number because MMs can't possibly cover. Then after the party we get the UCAD shares through the 3/1 split. Very interesting concept and a possibility.
GO CMKX!
CASH DIVVY BEFORE VEGAS?????? I HOPE! I HOPE!!
Its not my day to look after Urbie. Yes my little pretty its worth more/even since I bought at .0001 and then, include all my UCAD shares! :)
MMMMMMMMMMMMmmmmmm Still waiting for mine! What time will it start exactly?
TIA!
BBP!
All the more to make $$$$$ my little pretty!
:)
Actually I have to go to Church, then to work. BUT I HAVE TOMORROW OFF! Let the good times roll!
BBP!
This guy must have pictures of Matt in some pretty severe siutations. I just can figure out how he keeps his membership here.
PS....What the heck are you talking about? Comparing CMKX to the bible? Never did! said it is a great guide to men who own CMKX!
I'm afraid to get him started! lol!
Count me in , but I prefer Monday when most will be here to take advantage of it!
Prosspector777..I enjoy reading your post from the good book. You take time to point out scriptures that apply to our situation with CMKX. They are a welcomed guide to people here. Please keep up the good work!
God Bless.
BBP!
For ALL you bashers!
I own over a 100 million shares. Come Monday I will more than double my position for the next round of dividends. No one in their right mind will sell CMKX now! Most I've talked to are adding to their position. You guys are fighting a losing battle! We will just continue to benefit from divvies till the mms cover. And they will cover..........or settle, he he he!
See you at VEGAS boys!
UCAD NEWS!
(COMTEX) B: U.S. Canadian Minerals, Inc. Announces Ecuadorian Concession,
reen Baron Webcast and Further Information on Forward
B: U.S. Canadian Minerals, Inc. Announces Ecuadorian Concession, Green Baron Web
ast and Further Information on Forward Split
LAS VEGAS, Oct 15, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals, Inc.
(OTCBB:UCAD) announced today that it has acquired a concession for the mining of
gold in Ecuador. Said concession has been granted to the Company's subsidiary,
Yellow River Mining, S.A.
U.S. Canadian Minerals' CEO Rendal Williams was interviewed for a CEO Webcast
addressing shareholders and the investment community on the current and future
prospects of the Company. The webcast will be conducted by Evergreen Marketing,
Inc. and made available to the general public on The Green Baron Investors
Society's website at www.TheGreenBaron.com beginning Monday, October 18, 2004.
The Company's earlier announced 3 for 1 forward split is expected to be
effective October 25, 2004. All shareholders of record as of that date will
participate in the split.
Further details relative to this transaction can be found at
http://www.uscanadian.net/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995:
Statements contained in this document which are not historical fact are
forward-looking statements based upon management's current expectations that are
subject to risks and uncertainties that could cause actual results to differ
materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals, Inc.
CONTACT: U.S. Canadian Minerals, Inc.
Chris Hanneman, 303-220-8476
Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: NEVADA INTERNATIONAL CANADA LATIN AMERICA
INDUSTRY KEYWORD: MINING/METALS
Copyright
Business
Wire
2004
*** end of story ***
HOLD...........You know secretly they have millions of personal shares in thier accounts. They are working this from both ends! LOL!
BBP!
CARfan..........welcome aboard here. We are basher free and loaded to the hilt with knowledgable people. Feel free to join in. Listen to king daddy ZEN when you get the chance.
Maybe you bring us luck!
Suzie that is mytracks code for restricted.
rocks
I thought I made that clear! The one that trades on the New York stock exchange for 18.00 bucs a share!
STERLING SPECULATION!!!!
I'm in Dr.D room right now and STERLING and Dr.D are discussing the WMC rumor. They are speculating that WMC is going to buy out GEMM and a divvy could come from WMC trading on the New York stock exchange at around $18.00/ WMC pays a quarterly divvy to their shareholders of about .48. They have a small shareholder base and would love our 40,000 member shareholders.
Their shareholders just keep re-investing the dividend and they are going nowheres. They want shareholders who will sell some and get out of this cycle they are in.
Sterling?...how many didvidends will CMKX give out? A minimum of 16 dividends!
Sterling?....how long will cmkx take to give out those dividends? They are coming real soon. Within months!
Sterling said he is speculating on the letter being passed around as they had an expert check it out. He said it has not been tampered with!
THIS WAS ALL SPECULATION AND DISCUSSION OF RUMOR!!!
yes I know it is just a copy of news......you can relax!
Yes its old but credable. its good to hang on to and show Janice every once in awhile!
BBP!
FORBES MAGAZINE ON CMKX!!!!!
http://www.forbes.com/feeds/businesswire/2004/07/26/businesswire20040726006016r1.html
Does anyone remember this exposure we got in FORBES magazine?
http://www.forbes.com/feeds/businesswire/2004/07/26/businesswire20040726006016r1.html
HHHHMMMMMMMMmm? Now thats even more interesting!
BBP!
MMMMMMMMmmm? Interesting email!
We appreciate your email regarding the dividend/spin-off distribution of UCAD (U S CDN MINERALS INC) from CMKX (CMKM DIAMONDS INC). The rate of the distribution is 1 share of UCAD for each 103,950 shares of CMKX (or a ratio of 0.00000962). This reorganization has been completed. However, the UCAD stock is currently only listed under its base securities identification number or CUSIP# 903328995. Expect for this to be updated to the symbol UCAD in the next 1-3 business days.
In the meantime if you would like a quote or to place a trade on that security please call us at the number below during regular trading hours (9:30am - 4:00pm EST) and one of our brokers will be able to help you further.
I apologize if there was any inconvenience or misunderstanding in the matter. Please let us know if there is anything else that we can help you with. Thank you.
Your satisfaction is very important to us. Please let us know if our response to your email was helpful by clicking the link below and taking this 30 second evaluation.
MMMMMMMMMMMMMmm ? This is interesting!
We appreciate your email regarding the dividend/spin-off distribution of UCAD (U S CDN MINERALS INC) from CMKX (CMKM DIAMONDS INC). The rate of the distribution is 1 share of UCAD for each 103,950 shares of CMKX (or a ratio of 0.00000962). This reorganization has been completed. However, the UCAD stock is currently only listed under its base securities identification number or CUSIP# 903328995. Expect for this to be updated to the symbol UCAD in the next 1-3 business days.
In the meantime if you would like a quote or to place a trade on that security please call us at the number below during regular trading hours (9:30am - 4:00pm EST) and one of our brokers will be able to help you further.
I apologize if there was any inconvenience or misunderstanding in the matter. Please let us know if there is anything else that we can help you with. Thank you.
Your satisfaction is very important to us. Please let us know if our response to your email was helpful by clicking the link below and taking this 30 second evaluation.
BBP!
Yea, thats what I thought. But it just a mess right now!
BBP!
WHOAAAAAAAAaaaaaaaaaaa! That is to cool!
BBP!
Rich, Thanks................I got three brokers and have 3 diff. ratios. Go figure. Good luck on getting yours
BBP!