Wednesday, August 25, 2004 9:35:42 PM
garofalos
Re: Unfortunately "Pro Rata" means to divide proportionally. They might give out .0000155 shares CIM/1 share CMKX as was the case with UCAD. I don't think we can assume a 1:1 ratio and a 40 Billion O/S
/////////////////////////////
I never said a 1-1 ratio would exist.
We were talking about the press release's "wording."
The definition for "pro-rata" is:
http://www.investopedia.com/terms/p/pro-rata.asp
You cought on to the last part of our conversation.
We started the conversation here (see below)
/////////////////////////////
TOTAL NSS SHARES = 944,700,460,829
------------------------------------------------------------------------
TOTAL Registered and Naked Shorted Sales (NSS) of CMKX held by ALL SHAREHOLDERS.
A = Total shares of CIM to be issued as dividend = 40,000,000,000 Billion Shares
http://biz.yahoo.com/bw/040719/196042_1.html
B = NASDAQ CIM Dividend Ratio = 0.028
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/31/2004&sDateType=Record_date
C = TOTAL Registered and Naked Shorted Sales (NSS) of CMKX held by ALL SHAREHOLDERS.
(A) / (B) = C
(40,000,000,000) / (0.028) = C
1,428,571,428,571 = C
C = 1,428,571,428,571
There are 1.428 Trillion Shares owned by CMKX Shareholders.
Read the following PR areas highlighted in BOLD
LAS VEGAS--(BUSINESS WIRE)--July 19, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) has agreed to invest US$1,000,000 in Casavant International Mining referred to as (CIM). CMKM Diamonds,Inc. will receive in return a 10% lifetime royalty on all mineral claims of CIM , specifically including the George Lake Zinc Deposit, (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) 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.
-------------------------------------------------------------------------------------------
TOTAL Outstanding Shares of CMKM
D = Total shares of UCAD to be issued as dividend = 7,500,0000 Million Shares
http://biz.yahoo.com/bw/040718/185046_1.html
E = NASDAQ UCAD Dividend Ratio = 0.0000155
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date
F = TOTAL Outstanding Shares of CMKX.
(D) / (E) = F
(7,500,000) / (0.0000155) = F
483,870,967,742 = F
There are 483.7 Billion Shares Issued and Outstanding
----------------------------------------------------------------------------------
What are the TOTAL NSS Shares of CMKX
C = TOTAL Registered and Naked Shorted Sales (NSS) of CMKX held by ALL SHAREHOLDERS = 1,428,571,428,571
F = TOTAL Outstanding Shares of CMKX = 483,870,967,742
G = TOTAL NSS shares of CMKX
(C) – (F) = G
(1,428,571,428,571) – (483,870,967,742) = G
944,700,460,829 = G
There is 944.7 BILLION Illegal counterfeit NSS shares of CMKX held by Shareholders.
-----------------------------------------------------------------
TOTAL ILLEGAL NSS SHARES = 944,700,460,829
-----------------------------------------------------------
Total Issued and Oustanding Shares = 483,870,967,742
Total Illegal NSS Shares created = 944,700,460,829
Total CMKX Shares held by ALL Shareholders = 1,428,571,428,571
Re: Unfortunately "Pro Rata" means to divide proportionally. They might give out .0000155 shares CIM/1 share CMKX as was the case with UCAD. I don't think we can assume a 1:1 ratio and a 40 Billion O/S
/////////////////////////////
I never said a 1-1 ratio would exist.
We were talking about the press release's "wording."
The definition for "pro-rata" is:
http://www.investopedia.com/terms/p/pro-rata.asp
You cought on to the last part of our conversation.
We started the conversation here (see below)
/////////////////////////////
TOTAL NSS SHARES = 944,700,460,829
------------------------------------------------------------------------
TOTAL Registered and Naked Shorted Sales (NSS) of CMKX held by ALL SHAREHOLDERS.
A = Total shares of CIM to be issued as dividend = 40,000,000,000 Billion Shares
http://biz.yahoo.com/bw/040719/196042_1.html
B = NASDAQ CIM Dividend Ratio = 0.028
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/31/2004&sDateType=Record_date
C = TOTAL Registered and Naked Shorted Sales (NSS) of CMKX held by ALL SHAREHOLDERS.
(A) / (B) = C
(40,000,000,000) / (0.028) = C
1,428,571,428,571 = C
C = 1,428,571,428,571
There are 1.428 Trillion Shares owned by CMKX Shareholders.
Read the following PR areas highlighted in BOLD
LAS VEGAS--(BUSINESS WIRE)--July 19, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) has agreed to invest US$1,000,000 in Casavant International Mining referred to as (CIM). CMKM Diamonds,Inc. will receive in return a 10% lifetime royalty on all mineral claims of CIM , specifically including the George Lake Zinc Deposit, (http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) 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.
-------------------------------------------------------------------------------------------
TOTAL Outstanding Shares of CMKM
D = Total shares of UCAD to be issued as dividend = 7,500,0000 Million Shares
http://biz.yahoo.com/bw/040718/185046_1.html
E = NASDAQ UCAD Dividend Ratio = 0.0000155
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date
F = TOTAL Outstanding Shares of CMKX.
(D) / (E) = F
(7,500,000) / (0.0000155) = F
483,870,967,742 = F
There are 483.7 Billion Shares Issued and Outstanding
----------------------------------------------------------------------------------
What are the TOTAL NSS Shares of CMKX
C = TOTAL Registered and Naked Shorted Sales (NSS) of CMKX held by ALL SHAREHOLDERS = 1,428,571,428,571
F = TOTAL Outstanding Shares of CMKX = 483,870,967,742
G = TOTAL NSS shares of CMKX
(C) – (F) = G
(1,428,571,428,571) – (483,870,967,742) = G
944,700,460,829 = G
There is 944.7 BILLION Illegal counterfeit NSS shares of CMKX held by Shareholders.
-----------------------------------------------------------------
TOTAL ILLEGAL NSS SHARES = 944,700,460,829
-----------------------------------------------------------
Total Issued and Oustanding Shares = 483,870,967,742
Total Illegal NSS Shares created = 944,700,460,829
Total CMKX Shares held by ALL Shareholders = 1,428,571,428,571
Of course _ all is IMO
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.