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Re: bluediamonds post# 68693

Monday, 08/02/2004 9:28:53 PM

Monday, August 02, 2004 9:28:53 PM

Post# of 358440
The company has not released any distribution date or dividend ratio figures publicly and that link to otcbb.com IMO can NOT have those variables until the information is publicly available. Neither was even contained in the UCAD SEC filing on the agreement.

Come on dude, info posted on otcbb.com is most definitely publicly released. After all, the Nasdaq runs that site. You can check for yourself here: http://www.register.com/whois_verify.cgi. I think pinkies and OTCBB companies have to file w/ Nasdaq when they want to distribute dividends to shareholders.

An SEC filing is NOT needed before a dividend is given. A reporting company has the option of mentioning it in their next regular filing if they want.

According to the UCAD agreement, Urban's 40 billion shares will NOT be receiving a dividend, thus meaning the max shares under any circumstance that it could be based on would be 460 billion

Well, if this is the case, the math doesn't work out at 460 billion.

460 billion CMKX x .0000155 = 7.13 million UCAD.

CMKX was given 7.5 million. Who pocketed the remaining 370,000 UCAD shares? All shares of a class are supposed to be treated equally regardless of who holds them.

It might be a wise for someone to contact the Nevada SoS to see whether or not the authorized amount was raised again.


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