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Thanks Both my children where induced because of being about a week over due.
Glad to hear. My wife was induced on this last monday with my second child a baby girl. Born 4:28pm Monday October 11th. 8lbs 7ounces and 20 inches.
what broker did you use?
Etrade shorted me, and the customer rep I talked to about it said to contact CMKX for my other share. I'm waiting for a response from his boss. I got 9 shares for the million I had on record date.
Nothing is more enjoyable then watching all the paid bashers eat there words.
CMKX to the MOON!!!
So I take it the spin off is private.
to the moon and beyond!!!!!!!!!!!
I'm with you on that one. To many bashers on this one for it not to be a good thing.
Holding Long and Strong!
interesting.
Wild ride for sure.
I love the speculation and mind games. I will say this for sure my entertainment expenses has been drasticly reduced since investing in CMKX. To much fun staying up all night reading the boards.
I stumbled accross and odd proboard tonight. CMKX related and a rather wierd bunch. This perticuler post striked my interest.
Could Urban and Glenn really be testing the waters for cash dividends at a later date.
Also if there are really truely 41,325 share holders with an average holding of 1 million shares that would be an OS of 4,132,000,000 . I believe that would be a rather low average of share per holder. Of the share holders I personally know the average would be 5,897,500. If this was the true average per shareholder the OS would be an OS of 243,714,187,500. With an AS of 800,000,000,000 that is still pretty low that would suggest 75% of the AS is not outstanding. I can only hope for us to be fully reporting so all of this speculation can come to an end.
Heres the board I found=>
http://cmkxchange.proboards34.com/index.cgi?board=general&action=display&num=1093276748
Here is a copy past of the post itself=>
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=70045
By: WillyWizardClub
22 Aug 2004, 08:49 PM EDT
Msg. 70045 of 70068
Jump to msg. #
The Casavant Maneuver
The Casavant Manuver is starting to unfold. The date of record expired Friday for shareholders on record to receive their UCAD dividend. Nobody actually knows what the dividend ratio will be. PinkSheets.com reports
Dividends:
Amount: Div: 0.0000155 restricted sh US Canadian Minerals, Inc. for each sh held
Pay Date: 2004-09-24
Record Date: 2004-08-20
The .0000155 factor could easily change before the Pay Date : 2004-09-24.
CMKX shareholders next Dividend will be CIM shares. The date of record is August 31st, 2004 But carefully read this excerpt, “In addition to the zinc deposit royalty CMKM Diamonds, Inc. will also receive 40 billion shares of CIM stock which CMKM Diamonds, Inc. will distribute pro rata as a dividend to all CMKM shareholders of record on August 31, 2004.” I find this news excerpt very interesting because the distribution date is “on” August 31, 2004.
The last dividend that has been announced is the GEMM and I also find this one very interesting. “The company has chosen Oct. 1, 2004, as the record and distribution date for this latest dividend to its shareholders.” You read closely and see the date of record and distribution date are the same.
Dividend Source: http://www.pinksheets.com
Important!!!
Saturday, August 21st, Carol from UCAD verbally released the shareholder total of record for CMKX. I find the figures very interesting.
32,000 shareholders of record with shares in street name.
9,325 shareholders who have obtained certs or requested their names not be released to companys
.
The total of 41,325 shares is huge.
Now what I am looking at is CMKX has 41,325 shareholders. Many of these shareholders hold small amounts of stock and may hold larger blocks of CMKX shares. For use in this club email I will use and average of 10,000 shares per shareholder. Some of the 41,325 shareholders could be duplicates because of normal brokerage account and also owning IRA/Roth accounts. I writ this because I fall into this category and I assume many others do also. So lets lower the actual number to 40,000 to round it off for my next paragraph.
40,000 shareholders times 10,000 shares average equal 400,000,000 billion shares sold. Notice I am not using the term “Issued”, having my reason not to use that term.
Also we have been told Urban and related parties own controlling interest so at the Authorized of 500 billion totally issued they would have to own a minimum of 251 billion shares to control the company’s issued shares. So if this is the case and you add 400 billion the shares tradable are 651,000,000 billion exceeding the company’s Authorized Shares by 151,000,000 billion shares.
Theoretically we could say someone has sold shares that exceed what the company’s AS so we can call this a short position. Interesting isn’t it?
I read many who don’t believe CMKX has a short position. I am in the camp CMKX is short sold by Hedge Funds and naked short by Market Makers. Hedge Funds can short, even in the US, they call the short a derivative therefore they are breaking no laws. They can manipulate this short between different Funds maintaining the short for a long term effect on the company’s tradable float. The Market Maker just naked shorts as he fills order flow for brokerage house they are contracted with to supply shares to fill orders. This is where many companies complain about DTCC because DTC just issues a Cusip number to the shares in our accounts making them somewhat legal but in reality they are naked short shares we received.
Recent rumor is Market Makers/Hedge Funds have received a Federal Call asking them to cover the short position they hold against the company’s shares. Also rumor is the Market Makers asked for an extension which allows them 10 days or 12 days to cover. I am not real familiar with how this works with Market Makers. Rumor has it the extension expired last Thursday or Friday. This might have been the reason for crazy trading the last 15 minutes of the session when the share price bounced at .0001 and .0003 with erratic trading. The bid never did drop below .0003 where it was been for the last apx. 45 days.
Now lets look at another scenario that could take place now that I have established with in reason the short on CMKX. The shorts must cover all three dividends. On August 31st a dividend will be paid with CIM shares and they are nowhere the shorts are able to obtain them to pay the naked short shares. One year ago the company paid out CIM shares but since then the shorts figured the company would disappear or in other lingo go out of business. Well CMKX is still around and looking stronger all the time. Next on September 24 and then October 1st 2 other dividends will be paid out. The Mms now have 3 payouts that will be tough for them to cover for the 161,000,000 billion shares short. They have no way to weasel out of paying either. What are they going to do? Only DTC and the shorts can answer this but I bet they are very concerned because CMKX/Urban is not going to roll over and forgive the short.
Now lets look at the scenario Willy likes. In the above paragraph we are dealing with dividends in shares only. Now lets add another factor into the share scenario, CASH DIVIDEND! This is just a rumor and might never take place but it would sure throw a wrench into the Market Makers if CMKX happened to issue a cash dividend. AND!!!! If CMKX issued a couple cash dividends it would compound the naked short houses. At this point lets bring back in the 40,000 shares holders of record that will receive cash dividends. Are you getting the picture?
Example: CMKX announces a cash dividend payable on the date of the announcement. We will use .05 cents to 40,000 shares holders holding 249 billion shares but there are 400 billion shares held by the 40,000 shareholders. Jimminy cricket someone is going to have to pay up on the date of distribution. 249 billion shares times .05 is a big chunk of cash the shorts are off sides owing. The shorts could handle this amount of cash but if at the same time CMKX announced a second cash dividend out lets say 30 days the MMs are looking at a compounded cash loss which could be very damaging especially when they are already dealing with 3 stock dividends they are also owing for 249 billion shorted shares. Like this everyone!!! Read the next paragraph, Willy is smiling and you will see what.
So at this point in time we have a #144 shares UCAD dividend, a CIM dividend and a GEMM dividend due. Now we have added 2 cash dividends into the scenario. What a mess the MMs are facing, possible bankruptcy of one MM holds the short. Now this is where we add in 40,000 excited CMKX shareholder because they were just paid .05 cent cash dividend and they know another one is soon coming. These shareholder a zealous and hungry for somewhere to put some of that extra cash they were just given, excited about CMKX where will it go?
The snow ball affect
Understand the cash dividend I write about below is only rumor so don't take this as fact but pure speculation.
How many of you would take cash you were just given and buy more CMKX shares? Also UCAD is a tradable company so who would buy UCAD shares? Lets don’t leave out GEMM at .03 cents so who would buy GEMM shares? Seeing the picture? I believe over ½ of the 40,000 shareholders would buy more CMKX. I would in a heat beat if they just paid me .05 cent per share cash and promised me another cash dividend in the near future. This would crate such a snow ball building affect to CMKX that the stock price would go nuts, Mt. St. Helens would truly be blowing it’s top. The mega of all short squeezes would start to take place. But it wouldn’t just be CMKX but UCAD and GEMM would be moving in tandem. If they had a short, no evidence they do, their prices would be rolling higher.
I think you all get the picture of The Casavant Maneuver. I wish you all well in the coming weeks and as Barrett says, “I Hope You All Get Filthy Stinking Rich!!”
Thank you,
Hal Engel aka WillyWizard
Can we get info like this on our GEMM dividends yet?
I still have not seen any hard evidence of a pay date or record date for the GEMM dividend.
Glad to see Im not the only one that thinks positive.
Hype or hope. Well thats what you call it. I call it realistic dreams.
I never claimed to be a pro. Again with the insults? Grow up. Spend your time shaking another tree.
Personal insults? Are we on the school yard again? Grow up. Enjoy your profits and move on.
They can shake all the shorts they want. I am in this to win it. Holding Long and Strong!!
Just think a few years from now. I'll be sitting on the deck of my new house overlooking the horizian. Laughing hystericaly about the likes of Janice Shell and other bashers.
CMKX has way to much potential to not pay off in the long road. To many mineral claims, to many acres. Divies coming left and right. And some of us are already seeing a 300% or higher ROI(Return On Investment). Before divies where insight. It's insane for some one to look at cmkx and not see the ROCK solid investment. Lets face it for those of us that got in at .0001 we have it made. I went out and doubled my position at .0003. Total invested interest at .0002. No matter what I will see profits. We may never hit the moon but some where between sea level and moondust, we will come out with a huge ROI.
Convlict free diamonds from your own back yard.
I can already see the billboards people. Hold em Long and Strong!!!
Good morning all
To the MOON!
Hold Long Hold Strong!
why are there 2 seperate listings for both the cim and the ucad shares. Are we being paid both rates or some where inbetween?
Hilarious!
Melvin has never failed to return any of my phone calls. He has always responded with in 24 hours at the max. Most of the time its with in the hour or 2. I know he is almost childish in his views about our future. Its like he is always bursting at the seam to give us the good news Urban wants to hold back.
Atleast thats my impression of the man.
The cards will unfold just hold em tight and yell I'm all in.
Hold Long Hold Strong!!!!
Any ameritrade users on here?
How fast do they fill orders I just checked out there commision rates.
Sounds like a better deal then etrade where I am currently.
http://www.ameritrade.com/services/index.html?startpage=commissions.fhtml
Commissions
All prices are shown in U.S. dollars. Ameritrade charges a Regulatory Assessment Fee (RAF) on client sell transactions. The RAF is assessed at a rate consistent with Section 31 of the Securities and Exchange Act of 1934.
Other Charges
Review Rates & Fees for information about other charges.
Stocks
Trade Unlimited Shares Price
Internet $10.99
Interactive Voice Response (IVR) Telephone System $14.99
Broker-assisted $24.99
$29.99 (Market orders)
(Limit orders)
Please note: Some orders cannot be completely filled at one time (due to share availability), so you may receive partial executions throughout the day or (if a good-'till-canceled order) over the course of several days. Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day. For example: You place an order to sell 1,000 shares of XYZ. On day one, you receive a fill of 500 shares. On day two, you receive one fill of 300 shares and another fill of 200 shares. Two commissions will be charged, one for the fill on day one and one for the two fills on day two. If you choose to cancel the order after day one, only one commission will be charged.
All this talk of food is making me hungry. Deer season is right around the corner, mmm Venison chili. Mmm jerky, and summer sausage.
I'm the spelling teacher? Im not the one with the swole head trying to correct other peoples typo's. The correct meaning was applied in the text. Take it for what its worth and move on.
You replied to the wrong post. Thanks for the spelling correction now reply to the right post next time. Switch to decaf and leave my typo's alone.
Debeers feeling the pressure?
TO THE MOON!!!!!!!!!
Another reason to vote for Bush. Our prisons need an express lane for the assholes on death row. Any conviction for more then 1 life sentance should be upgraded to a death penalty as well.
I wish the use was as strict with our criminals.
Hold Long Hold Strong.
the post was edited about a minute after I wrote it. I was off on my conversion. Long day today. Wife went into false labour. she is due in about 2 weeks.
as a dear hunter im laughing my ass off!
UCAD's ceo said in the interview with the green baron that they are expecting the largest shipment of gold from one of the mines to date. It should be 1 kilo of gold.
To my calculations a kilo is about 2.2 lbs.
Gold is valued at todays market at 404.10 per ounce.
2.2(lbs)x16(ounces in a lbs)x404.10 = 14,224
This means they have income incoming. I for see UCAD filling more of its option. As well as an increase in PPS.
Bring on the divies.
HOLD LONG HOLD STRONG!
edit for math error
did you actually get your ipod in the mail?
Get away from that trading company. Im with etrade.
Stocks
Trades 1–8 per quarter1 $19.99 plus $3 order-handling fee2
Trades 9–26 per quarter (See Priority E*TRADE)2 $12.99 flat commission
Trades 27+ per quarter (See Power E*TRADE)2 $9.99 flat commission
Listed trades over 5,000 shares (for trades 1-26 per quarter) $0.01 per share for the entire order plus the applicable commission
Broker-assisted trades $45 plus the applicable commission
Now that im thinking of trading more often im interested in other companys with lower fees and wont tax me out the ass when I sell later.
Glad we closed at .0004 wish I had more cash in my etrade account I would of got more shares at the .0002 dip today.
What a fun ride to the moon fellas.
HOLD LONG HOLD STRONG!
Oh so thats your motive matrix. Convence us longs to sell for short term profit while you gain shares to increase your profits later?
no thanks Ill hold mine.
Hold Long Hold Strong!!!
The marketing tools have already been put in motion. World wide exposure. With the funny cars. As long as I can get my wife a bigger rock from our own mines by Nov 28th of 2008 I'll be happy. When we where married the rock was a grain of sand. On our fifth anniversary it turned into a pebble. I wan't a STONE on this girls finger she deserves it.
Casavant Diamonds Conflict Free. From your own back yard, Canadian Diamonds.
I can see the add campaign now.
Hold Long Hold Strong!!!!
All I know is Im seeing a profit and trying to spread out into more stocks. CMKX was my first dip in the market It sparked major interest to me. I also purchased some GEMM at .025. I am also looking into a few other stocks.
Fine with me the PPS will rise soon enough.
Keep in mind even if we do find diamonds it will take 2-3 years to have Casavant diamonds in the jewelry stores. Anybody thinking of short term holding on this stock would be fools. HOLD LONG HOLD STRONG!! The ends will justify the means. Only time will tell the tale.
thanks for the info. I'm still holding long and strong.
Can any one explain the concept of CD to us stock newbies. I am unfimiliar with that term.
SGGM have a websight?
No luck on google so far just news articles refering to them. I have found no homepage so far.
Thanks for the link or info in advance.
Well said richieBoy.
LONG AND STRONG!!!!