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Re: Brown136 post# 71802

Friday, 08/06/2004 1:25:13 AM

Friday, August 06, 2004 1:25:13 AM

Post# of 358548
No, the figure is based on CMKX' PR which announced the 7.5 million UCAD share distribution as well as the fractional dividend (.0000155) which CMKX submitted to Nasdaq. Nasdaq in turn published it on their site otcbb.com and in their daily list. By using very simple math which you should have learned in second grade, CMKX' outstanding can be calculated like this:

7,500,000 UCAD shares x (1 CMKX share / .0000155 UCAD dividend) = 483,870,967,741 CMKX shares.

The 7,500,000 and .0000155 figures came from the company. The latter one is not in a PR because companies do not submit such info to Nasdaq that way. Unless the company submits a correction, then we should believe the figure is correct. By not accepting this, I guess you want us all to believe CMKX is lying?


Do you believe the authorized is 500 billion? Well, that one was not released by PR either. It's easy to verify as true by picking up the phone and calling the Nevada Secretary of State office. You all really need to start accepting the fact there are different info sources available out there besides PRs otherwise you'll always be behind the power curve.



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