Zen, you had PM'ed me about 3 weeks ago.
Not being a premium member here, I have never checked my mailbox until 5 minutes ago. lol
I'm sorry I didn't see it and respond sooner.
You covered many on-point topics in this, and we have some of the same world experience to bring to the boards.
The one point you mentioned in your pm to me was the topic of resolution. Correct me if I'm wrong, but resolution to me relates to what path will the company take and what answers are ahead for issues unique to CMKX.
As for the unique issues, at the forefront is the naked shorting issue. There are so many angles this topic can be discussed. In my points I'll try to surmise or illustrate how this will affect pps.
I would contend the O/S and naked shorting issue would be addressed if not in the same pr, then within a very short time frame of each other.
If you've followed my posts, I don't like to step to far beyond what is real. Valuation, O/S, market sentiment and company potential, drive any companies stock price.
With that being said, I believe that the CURRENT market ALREADY factors in the worst case scenerio for the O/S. The early part of last week was an example of leveraging our position to increase the value of our company, and the market LIKED the news.
If Atty Glenn advises CMKX has been victimized by naked shorting, that in itself will be explosive news. This should have a direct fundemental effect, and market sentiment effect on the pps upward. It would be a prima facia case against the MM's, which leads to points you brought up. I only believe those MM's involved in such illegal action would be suspended from trading. I would think the SEC would permit trading of CMKX with MM's who are not part of any inquiry, or not named as a defendant or co-defendant in a criminal or civil case.
The significance of this issue is the precedent it will set. If illegal naked shorting is involved, never will there be better eveidence than the trading history of CMKX. Further, never has there been an attorney and supporting law firm with the stature of Atty Glenn and E & A to serve as lead counsel against the MM's to my knowledge. Whether the matter be settled with the MM's out of court, or be fully prosecuted in federal civil and criminal court, the bottom line to shareholders (us), is that the stock will be traded legally and more freely. Such will bring additional interest to the stock (if that's possible..lol) and should reflect in nice gains for us.
As for mergers, buyouts, etc., it seems the last 2 weeks provides transparant answers to much of it. We're working to become a stronger company under the direction of CMKX, and specifically Urban's own direction, with the help of Atty Glenn. When I say "stronger company", that's where my speculation will stop. It can go 2 ways.
1) First is by the JV partnerships we have established for ourselves. Further, we own significant percentages of seasoned and sucessful mining companies, and similar minority buyouts may be what to expect. Also, sales of some of our claims add direct value to our company. Let's not forget the Goldak survey and our own mining exploration. ALL of the above add VALUE to our steak and a direct impact on pps.
2) The second way would be for a merger of 2 or more companies known or unknown at this time. It would be a stetch to assume under what name the new company would be traded. I am stuck on the point that the majority of the claims, value, direction, planning and representation has been by CMKX. So, it's just my opinion, but I see CMKX in tact, but now incorporating other companies as subsidiaries (they keep their own name and seperate trading symbol), or all companies under the CMKX symbol.
As for the result being #1 or #2, I haven't a clue. Either scenerio is a stronger CMKX, and builds value for our future.
Let's not forget about a cash divdend. CIM, UCAD (8-20) are 2 to reward shareholders, and provide even less of an excuse for MM's to hold the price down. But, a per share cash divdend is something that can be declared at any time. : ) It attracts new investors and encourages current investors to hold. It is proof to the market of the purpose and value behind the company. Something to look out for most definitely.
The recent end of the day trading numbers has to leave you scratching your head. If so many buys are going through on the ask, then why isn't the ask raised. On days where there are 1-2% at .0003, 97-98% at .0004 and 1-2% at .0005, this tells anyone who fell off a turnip truck, that people really wanted to buy at .0004 so much, that a raise to .0005 and .0006 would be NORMAL market reaction in reponse to these buys. If Urban is retirning shares, then I understand. If he isn't, then what we are seeing seriously needs to be addressed, and I'm sure the O/S, NSS discussion by Attorney Glenn will help us all as I mentioned above.
As some or most know, I post on Mach's board and intend to still do so, but Zen, I wanted to respond to you in this way since this is the first I saw your PM to me earlier this month. Be well, Bo
