Mach, I agree with you. So much so that
the reasons you state for sitting back and watching it unfold, is a position I took last Monday (10 days) ago.
What I'm about I hope does not offend. I truly am on the fence. CMKX is either poised on providing investors with a historic windfall, or show a side all too familiar with many OTCBB's and Pinksheets.
CMKX now has a trail of unanswered questions or issues dating back to PR's beginning in January of 2003, and some would say even before that. It seems that from, and all along the path, continuing up to this date those same disconnects and mini-mysteries within comments and pr's rarely get clarification.
It's always good to read someone's insight on the whole Nevada Minerals/CMKX/CIM/UCAD/ECPN/GEMM/MOUSE (sorry it's late, j/k on the mickey thing..lol) clustered web of dealings or relationships. However every interpretation I have read has embelished on different results, different timing issues, different payment methods, different restricted periods..etc.
If the pr's are this confusing (and they are), each day and new comment of pr only adds to the trail of the same, but nothing is clarified.
I could go on, but I'm not trying to bash. I think it is important to know as shareholders what to expect with such promised dividends. I think it is important for a company who states they are retiring shares, to not be diluting to the tune of 500 billion earlier this year, then continue to state you are retiring shares, and increase your A/S to 800 billion. I have to be honest, that threat of further dilution up to this amount isn't a comforting thing. It is also 180 degrees opposite of the pr's and comment. Some say that it is still not a lie if they said one thing and did another, because that thing which they did was not mentioned in the pr. Nope it's not a lie. It is however, misleading.
Ok, I know I'm not being quiet now, and not being so good at sitting back to wait, but if you truly take about an hour of your time like I did tonight and read each pr and make notes, the disconnects and mini-mysteries do stand out. Imagine being a CMKX shareholder last year and promised a dividend of CIM. I repeat, last year!
Nothing shows in your account of any value through now, and you find out recently that 40 billion shares in THIS CIM dividend are what is being promised yet again.
So, let me get this straight and please correct me if I'm wrong..if 40 billion is just the dividend portion we will have, what in God's name is to be the A/S and O/S figures for CIM? 40b? 50? 100b? more!? Further, the OTCBB figures many have debated are in my opinion based on CMKX's A/S. So which A/S is correct...~780 billion? or 1.4 Trillion based on the CIM/CMKX dividend ratio?
Better yet than hearing one more shareholder theory...since we are shareholders of CMKX, CMKX NEEDS TO EXPLAIN AND CLARIFY what is occurring here and what to expect.
Good grief...I never planned on typing on and on here. And I I simply wanted to say, bottom line...I know everything is on CMKX's timeline if we are to believe something very good is about to happen. However, looking back from January 2003, there are more unanswered question than answered. I honestly hope clarification is soon. They certainly have enough of our money lining their pockets. Simple answers to basic fundementals, and clarification about many pr's isn't a lot to ask in return.
It's more comforting sitting in a free share position. But I feel for the people who bought in at .0012, .0011, .001, .0009, .0008, .0007, .0006, .0005, .0004 and even at .0003. Selling at .0002 is the only way 98% of investors who sell are going to be able to do so.
Again, those like me who remember IBZT, many got hurt by trusting in what seemed to be a sure thing. For the first 3 months of this year, IBZT was the play of the year, and maybe the lifetime. Today it trade at 95% lower than it's high levels, just over 1/2 cent.
I'm going to wait it out like all of us. I hold close to the reports you made of the man you met at the races and the confidences you shares with him, and him telling you to hold your shares. My prayers petition this be so, and are what keep me here, still long with what I am holding.
You may remember me mentioning the 2nd year anniversary of my dad's accident a couple weeks back. Well this Saturday, 2 years ago at 9:10pm was when he died. I thought he was going to make it. He was beginning to recover when the surprise came. Like many, there are many loving and good reasons I would give to my family and others. I want so badly to be able to devote 100% of my time living in his honor and memory. Business is just ok here and times are tough being a single dad. I know many could use the same break to make a better life for their family and others.
So if he told you to hold, but was misleading you knowing there was nothing of value to report, but simply so he can dilute at higher supported prices for his profit, then our reaction as shareholders should be firm and swift.
Stepping off the soapbox. I'll sit quietly and wait now. I do hope we have a chance to all meet and celebrate the good fortune that came our way as a result of what he said and assured to you.
Be well all, Bo
