No, you're dead on. GBDX is a huge POS.

That's what they said at .015, and again at .006, .004.....

I think a 1/100 would have a chance eventually. They're already OTC, and nobody is going to buy at these levels. It's a catch22 either way.

xanadu: I'm betting that will come into play here soon enough. I hope for everyone's sake it will reduce the A/S too, but I am waiting for a RS announcement here patiently. At these levels, it shouldn't be too long if they wish to sustain any forward progress that the company may have made with it's products.

If they RS both the O/S and the A/S, and refrain from further diultion, after the intial dropoff it could easily comeback to levels that would generate interest again. I think the company's main problem is the duration between growing a subscription basis and the expectations of investors on the pinks/otc. When I said a year ago that it was going to drop below .005 I was ridiculed, but it didn't grow it's product quick enough to sustain those levels. If the directors act fast, there still may be time to jump on the popularity of mail services before downloadable content becomes the new standard in the next couple years.

CC companies don't have anything to do with good faith for corporations. Although I can't agree with the usery that they charge in interest rates for those who can least afford it, you make the decision to be bound to their terms freely lol. And again, when it comes to OTC co's that have actually done well, like Force Protection before it went to Nasdaq, they usually are from Delaware. I would say the general rule is that all penny's are a red-flag, and state of incorporation should be looked at only in terms of good faith in case you file a civil suit.

Oh for Pennys any state is red-flag lol. Trading doesn't really matter which state it's in, while investing does: but the fact that only about 1 in 10,000 Pennies is ever worth true investment means that you're better off elsewhere regardless! HOWEVER, for pennies the real difference comes down to liability: Nevada/Florida don't have D&O liability except for fraud, regardless of good faith, and if there is fraud - such as here - the government is the first lienholder. Delaware Corp's require D&O good faith, and the reason most pennies stay away is because they can't reverse split, keep the authorized, and then issue an employee "retirement plan" with the proceeds in terms of good faith. Furthermore, notice and voting is still required in most cases, unlike the states that have "surprise" reverse splits. Then again, in Pennyland, once the RS PR hits, or someone finds the filing, its a knockout punch.

gtell66: Don't let this scam deter you from future investments. The sad fact is that people always talk about these companies like they are real stocks. Pink Sheet companies are incredibly dangerous, and are really just gambling: You can make money if you trade quick and no what you're doing, but you can lose it alot faster. OTC companies are the same, except there is some transparency. The Nasdaq, and NYSE companies not only are not even the same ballpark, they are an entirely different sport. Keep it in mind, and find some real companies to invest in, where you can see genuine results. If you ever return to the OTC/Pinks, make sure you know that it is tantamount to gambling, and treat the "companies" accordingly. GLTU

Serf, I don't have PM, so I hope you wont mind this:

I guess we will agree to disagree then, but lumping Delaware in with Nevada and Florida is preposterous. The fact remains that: (1) the majority of the best companies in the world are incorporated in Delaware; (2) the courts are the most well respected for corporations; (3) although there are similarities involving shareholder voting, the differences between these states is massive when it comes to shareholder rights.

Saying it is a "Red-Flag" is not only absurd, it is misleading to people who read your posts. Odds are that the ratio of Florida/Nevada POS's per good company would be somewhere around 90:1, whereas Delaware the exact opposite would be true. You would probably need to spend awhile looking up Delaware Corporation's which are scammy, while it would take seconds to compose a list of the best of the best incorporated there.

Just because shareholders do not have as much direct control on some of the aspects of amendments and bylaws in Delaware, but the remainder of the requirements are heightened in terms of good faith, fiduciary duty, and the level of specificty governing corporations, is analogous to stating: Mercedes SL McClaren's, Buick Skylark's, and older Ford Mustang's all get low MPG efficientsy - therefore, all 3 are similar, and lack reliabilty. Which states that have more stringent requirements in terms of all shareholders getting to vote would you recommend, and what are some of the company successes that you could point to as a result? The fact remains that laissez-faire remains the essential element for corporate success, and micro-management deters growth and ROI. However, Nevada is virtually the wild-west in terms of corporate governance, and the fact that there is no good faith requirement other than prohibition of fraud is the reason Nevada is a Red-Flag, while Delaware is not.

NEVADA RULES ON REVERSE SPLITS:

§ 78.120(2) ...Unless otherwise prohibited by any bylaw adopted by the stockholders, the directors may adopt, amend or repeal any bylaw, including any bylaw adopted by the stockholders. The articles of incorporation may grant the authority to adopt, amend or repeal bylaws exclusively to the directors.

§ 78.2055.
(1) Unless otherwise provided in the articles of incorporation, a corporation that desires to decrease the number of issued and outstanding shares of a class or series held by each stockholder of record at the effective date and time of the change without correspondingly decreasing the number of authorized shares of the same class or series may do so if:
(a) The board of directors adopts a resolution setting forth the proposal to decrease the number of issued and outstanding shares of a class or series; and
(b) The proposal is approved by the vote of stockholders holding a majority of the voting power of the affected class or series, or such greater proportion as may be provided in the articles of incorporation, regardless of limitations or restrictions on the voting power of the affected class or series.
(2)If the proposal required by subsection 1 is approved by the stockholders entitled to vote, the corporation may reissue its stock in accordance with the proposal after the effective date and time of the change.
(3)Except as otherwise provided in this subsection, if a proposed decrease in the number of issued and outstanding shares ....must be approved by the vote....of the holders of shares representing a majority of the voting power....or such greater proportion as may be provided in the articles of incorporation, regardless of limitations or restrictions on the voting power of the adversely affected class or series. The decrease does not have to be approved by the vote of the holders of shares representing a majority of the voting power of each class or series whose preference or rights are adversely affected by the decrease if the articles of incorporation specifically deny the right to vote on such a decrease.

§ 78.209. Change in number of authorized shares of class or series: Filing and effectiveness of certificate of change; amendment of articles of incorporation
(1) A change pursuant to NRS 78.207 is not effective until after the filing in the Office of the Secretary of State of a certificate, signed by an officer of the corporation, setting forth:
(a) The current number of authorized shares and the par value, if any, of each class or series, if any, of shares before the change;
(b) The number of authorized shares and the par value, if any, of each class or series, if any, of shares after the change;
(c) The number of shares of each affected class or series, if any, to be issued after the change in exchange for each issued share of the same class or series;
(d) The provisions, if any, for the issuance of fractional shares, or for the payment of money or the issuance of scrip to stockholders otherwise entitled to a fraction of a share and the percentage of outstanding shares affected thereby; and
(e) That any required approval of the stockholders has been obtained.
The provisions in the articles of incorporation of the corporation regarding the authorized number and par value, if any, of the changed class or series, if any, of shares shall be deemed amended as provided in the certificate at the effective date and time of the change.
(2)Unless an increase or decrease of the number of authorized shares pursuant to NRS 78.207 is accomplished by an action that otherwise requires an amendment to the articles of incorporation of the corporation, such an amendment is not required by that section.

TRANSLATION OF WHAT THIS MEANS:

They can issue it without prior approval since they are the directors; the by-laws can waive the right of notice to shareholders of a vote since they can take away the vote; the structure of the authorized reamins unchanged, and they don't even have to refile anything with the Secretary of State except the structure they so desire. In fact, if they wanted to, they could reverse split and increase the authorized if they chose to do so .

Serf, Delaware is definitely not a Red-Flag state, and if you think otherwise then you would have to throw out 60% of the Fortune 500 as they are incorporated there. Florida and Nevada however.... I think the point of the message was showing that it has to be two votes by the D&O's: however, this is not applicable to Nevada.

This is 100% incorrect.

Cougar mentioned last week on Real Time with Bill Maher. Made an excellent point about how few there are over in Iraq and how nobody has died in one. Dan Rather commented that it was a real shame, and Congress needs to be lobbied harder about it.

Sent By: tmcc Date: 3/25/2007 1:49:15 PM

I am sending this to ALL scammed by CKYS -
Pass it on !
This is an outrage !

Read this MANIPULATION of the CKYS Board
Then
Contact MATT and Contact the SEC

( I have a Screen Shot of what was up there last night
saved in a PM to me -
I do not know how to send it to you or post it
Can ANYONE tell me how to do it.
Can someone else )


Why was the I-BOX changed back to LIES,HYPE and PROPAGANA
EASY
TUBBY Plant and his crew trying to keep this revenue stream
for fake shares open.

Last night ALL the Lies were removed by Divine Madcat
who was appointed by Matt as a Asst. Moderator
then
the
TRUTH went in the I-BOX
MUG SHOT, SEC 13 Page Complaint
Civil Case
Criminal Case
TV Expose on ckys FARUD Link

TODAY that info is GONE
The Lies are back
and
Someone removed Divine Madcat as Asst.Mod
without even
contacting Divine MADCAT DIRECTLY !!!!!!!!!!!!!!!!!!!!!!

Is it Cowboy
Is it redcloud
Who is aiding and abeting ths FRAUD by
HIDING the Truth and SELLING the LIES ?????
SEC
TAKE NOTICE

This e-mai lis going out to the S.E.C TODAY
as as a PM to EVERYONE who LOST CASH here

If the I-BOX is not changed back to what it was last night.

If the NEWS of the ARREST and PROSECUTION of CKYS and
TUBBY Plant is
NOT RETURNED to the TOP of the I-BOX
so that everyone can see it

then
THIS BOARD is ONLY HERE to PERPETUATE this
SECURITIES FRAUD

S.E.C -HOPE you are still reading this

MAKE NOTE -On of the MODS her
either COWBOY or RedCloud
REMOVED
ALL the Pertinent Arrest Data ,Mug SHOT and
TV expose video Link
and crammed it down in the MIDDLE of the I-BOX
and
ALSO
REMOVED DIVINE MADCAT as the ASST. Moderator
though
She was APPOIMNED by MATT

What the HELL is GOING ON HERE
hey-
TUBBY PLANT
You and TINY got your photos back up on top,

NOW PLANT GETS to STEAL our MONEY and
CONTROL the I-BOX to Sell MORE FAKE SHARES
AND STEAL MORE MONEY

Everyone contact the S.E.C Right Now
Right Now
Right Now

WE NEED a FEW MORE SUBPEONAS DELIVERED
Right AWAY

WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



"There is no substitute for VICTORY!"
- General Douglas MacArthur
T.MAC - N.Y.C.
(tmcc)

WOW! that is huge... There is the causal link to BA, and definitely a Conflict of Interest. Looks like he may be facing some of the biggest problems of all, and that will especially make the case stronger that the D&O's knew or should have known that making such statements were tantamount to securities fraud.

RE: Potential Class Action Suit.
Nothing is going to be left of CKYS, and not enough of JP's $$ or assets will ever get to the investors. It is a sad truth. If BA could be held liable, then possibly, but they likely have no triable action in assisting JP with the fraud, as all they do is promote, and there is a safe-harbor statement. As for the government, they were building a case against JP, you can't sue them for not acting sooner. An unfortunate truth is that nobody is liable for any crime that they watched or allowed to be committed unless they had a duty to act. The governments duty to act was superseded by their responsibility to build a case strong enough to throw JP away. Think about it: If the police are watching a drug-ring for cocaine, and monitoring the sales/transactions etc..., would the people who buy the drugs from the dealer have a Cause of Action against the government for harming them by not acting sooner to take the dealer down? No. Perhaps the drugs are a poor analogy, since they are illegal, but the same would be true of a counterfeiting ring, where the buyers thought they were purchasing legitimate goods, and they didn't work afterwards. The only liability is going to lay with the perpetrators, and any co-conspirators. BA as a co-conspirator may be a case, however, it is doubtful that they would be liable, and even if so I don't think they will have much to go after.

Sorry, I shouldve specified corporate litigation. Believe me, seeing how these Nevada Co.'s are able to bend the rules because of zero good faith requirements, blue sky, Director & Officer Liability, or corporate indemnity is a real hands on lesson in seeing what makes these companies thrive and fail on the pinksheets. I see these cases all the time, but they are always with big co's with numerous issues. Seeing how the POS basement operations manipulate the market and shareholders is eye-opening. Most do it legitimately, fleecing money while absolving themselves of liability. Others do it illegally, such as CKYS and SLJB.

As for PYPR/Panamersa...
There still are no AF's.
The Co. has zero liability in corporate governance.
The statements that are either a) excellent or b) full of crap will hold MT liable, but he will be untouchable if he stays in Panama.

An investor should ask themselves a simple question: From an objective point of view, if someone told you the soap opera story behind this co., would you believe it, or think it was a bunch of mularky? Being a rational type of person, I think that the chances of a co. trading at these levels guarnteeing .02 for a .0013 investment in 1yr's time, and being backed with "gold" which they have no proof of, is about as close to 100% of a blatant lie as you could get. If the company is guaranteeing close to a 20X return on investment, and it is backed with REAL BUILLON as claimed, WHY WOULD THE MARKET NOT BE ALL OVER THIS. This is where it pays to be rational, and take an objective view. It does not add up. I don't want to be the one coming back here when this house of cards falls apart and gloating "I told you so" because the investors and MODs here have been largely cordial. But I hate to see people fall for this HorseDung. At the very least, ask A PERSON YOU TRUST, for their OBJECTIVE OPINION, and listen to it. Their is no such thing as DD in the pinks, b/c nothing makes them liable except fraud. If they think that they have the gold to guarantee 20x return, and you rationally believe they do as well, then by all means, buy this stock. But at least pause to ask yourself if it makes sense, and get an unbiased opinion from someone YOU KNOW IN REAL LIFE, NOT A MESSAGE BOARD.

COOLHand, I would say that is very compelling circumstantial evidence. As for the poster that said "go rescue children" I would like to say that as a future Corporate Attorney, I feel that my Civic Duty is well suited in these POS's where nobody looks out for naive investors. Believe me, I took a hard hit, and I plan on hitting back hard against the lies and disinformation.

Funny, onewon, my "ulterior motives" were exactly what got my posts deleted on CKYS in November when I said the Homeland Security deal was bogus... Suit yourself, its you're money. I just bring a voice of dissent to the hypesters/shills/pumpers in these POS's

Makin dough, this has scam written all over it. They're guaranteeing .02? Its backed by gold? They have land in Panama, and you can buy it like this? If any of this were true, the big money would have stepped in. Unfortunately, I think this is about as legitimate as CKYS's Homeland Security Contract.
Here's a fact for the conspiracy theorists/shills here to take peoples money: I called this back in December at .008 that it was coming down, and I called CKYS at .035 that it was a bogus deal. One of these is a fact. I have no position in this co., nor do I work for anyone who trades/owns stock in any pinksheets. I have lost money here before, and if one person listens to me and saves it, then I have done my civic duty. Don't believe the wolves on here. And especially don't believe the "ulterior motives" crap.

IRONY = (as per Webster’s) 3 a (1) : incongruity between the actual result of a sequence of events and the normal or expected result (2) : an event or result marked by such incongruity



CKYS fleecing the sheep while using this fruity Burglar Mascot to embody their company, is the epitome of ironic.

DONT LET YOUR MONEY TURN INTO WORTHLESS PDRs. Caveat Emptor.

IRONY = (as per Webster’s) 3 a (1) : incongruity between the actual result of a sequence of events and the normal or expected result (2) : an event or result marked by such incongruity



CKYS fleecing the sheep while using this fruity Burglar Mascot to embody their company, is the epitome of ironic.

IRONY = (as per Webster’s) 3 a (1) : incongruity between the actual result of a sequence of events and the normal or expected result (2) : an event or result marked by such incongruity



CKYS fleecing the sheep while using this fruity Burglar Mascot to embody their company, is the epitome of ironic.

There will be .000's again for certain, and I may pick up for a MOMO bounce, but until they have anything verifiable, it is a GIANT POS in my book, although the CEO seems to actually know what he is doing, and I like that about the co. Plus, its Incorporated in Delaware, so no stock printing like Nevada Pinkies.

DONT FALL FOR THIS BS.
Just look at SLJB and CKYS. The PDR's are a scam. The Certs are bogus. Take your losses, and never believe in stock board posters claiming a "strategy" to stop naked short selling; it is a lie 99.9% of the time. Dividends are always worthless, in fact BKMP put out two of them, and I fell for it the first time. I got out .0001 above where I entered, after 6 months. Don't lose your money in these POS's. Maybe the price will bounce, but don't believe the lies here. There were plenty over at CKYS that did, and look what they have left. Would you like to be paid in Dollars, or PDRs?

The CEO actually seems like he might be decent, and the press is unheard of for a pinkie. I may even pick it up if the price were right. Fact of the matter is, its way overvalued. Even if they sold 30,000 Urns, at $1500 each, that would be $45M revenue, over 3.5B shares would be .012. That is not factoring in any costs. They got $50k in revenue last quarter, but ran up $500k in expenses. Way overvalued for the current mode, and that is with a factor of 30,000 Urns, which until they have numbers out and production capacity, I'm not even going to touch

IRONY = (as per Webster’s) 3 a (1) : incongruity between the actual result of a sequence of events and the normal or expected result (2) : an event or result marked by such incongruity

CKYS fleecing the sheep while using this fruity Burglar Mascot to embody their company, is the epitome of ironic.

"basher alert" I said this was a POS back in December, hope the KoolAid tastes great over here.

ETIM. ROTFLMAO

CKYS PUMPER after Arrest News:

"Posted by: brentjanice
In reply to: wallymac who wrote msg# 4391 Date: 3/16/2007 5:08:01 PM
Post #

wallymac,

Many times things are not what they appear to be.

your quote says volumes.

I stand with some as a believer.

Wish you well. Thanks for your kindness.
Brent

IS anyone else fed up with these charlatans?!?! Every scam, you always have some quasi-philosophical randerings by some bloviating idiot trying to maintain confidence. IT WAS A SCAM, how do YOU SLEEP AT NIGHT.

On another note, I would like to officially say that REDCLOUD over on the CKYS board has officially LOST the H.I.S. Board's 2007 stockpick challenge with his pick for CKYS at .021. LMFAO

HUGE Tax write off for 2008 is only good thing. I feel terribly sorry for those who owned this POS scam.

""CKYS is a POS b/c the SEC is investigating it and suspended trading, they're diluting the hell out of it, people are really drinking the KoolAid on the board as it plummets painting a rosy picture, and that crappy looking digital cartoon burglar/french reporter logo the used keeps racing through my head, fleecing these idiots of their money."
-GordonGekko1982 2/22/07

For those of you who got fleeced, check out The Dissent board in the future to avoid these scams.

Saddest part is there are some who still think he did the right thing due to some phantom naked shorts. Yeah, that makes sense; lie about a Contract to get your share price up.

(OT)easycome, in answer to your PM yes I do, and it will be going up. I don't have PM but I figured you'd get the reply.

""CKYS is a POS b/c the SEC is investigating it and suspended trading, they're diluting the hell out of it, people are really drinking the KoolAid on the board as it plummets painting a rosy picture, and that crappy looking digital cartoon burglar/french reporter logo the used keeps racing through my head, fleecing these idiots of their money."
-GordonGekko1982 2/22/07

Wow. Read the message I'm replying to lol

And they bashed me when i said it was a scam...

I wonder how the CKYS Shills will try to spin that!
Thanks for all your work here SPIN, I've been so busy with school i havent been on Ihub in forever. Can't wait till summer when I really am going to blow the lid open on some of these scams

lol I have no idea

LOL BKMP: if 1B share buyback had 12B dilution, does this mean that the 5B share buyback will have 60B dilution?

LOL BKMP: if 1B share buyback had 12B dilution, does this mean that the 5B share buyback will have 60B dilution?