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Wednesday, September 29, 2004 1:38:57 AM
Well here's WILLY'S opinion on the short issue!
By: WillyWizardClub
29 Sep 2004, 01:22 AM EDT
Msg. 567770 of 567771
(This msg. is a reply to 566273 by WillyWizardClub.)
Jump to msg. #
The Rat Trap
Have you ever set a trap for a pesky rat? The object is to bait the
trap to entice the rat to nibble then bang you close the trap.
CMKX has never announced the payable date for any stock divvy before
the recent press release last Friday. They have announced the date
of record in press releases but nowhere do you see that date for
paying out the divvy. Yes OTCB.com and other sites listed September
24th as the date payable for the UCAD divvy but this wasn't news from
CMKX or UCAD as a public announcement to shareholders.
Here is an excerpt from the CMKX press release about UCAD divvy.
"DENVER, Jul 18, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink
Sheets:CMKX) is pleased to have reached a purchase agreement with
U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian
Minerals Inc. will be purchasing 5% of all mineral claims held by
CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM
Diamonds, Inc. will later issue these shares to all shareholders of
record on August 20, 2004."
No date of delivery, only date of record.
The rats have taken the bait and bit hard
Recently funny events have been taking place as far as the UCAD share
delivery. Some individuals have received shares before the masses and
the shares they received were not restricted like UCAD had reported
in a previous filing. If you didn't read this UCAD filing you would
have never known these shares were suppose to be #144 shares that
CMKX was to receive.
Follow me on this one
The individuals that have received shares are not with larger
brokerage houses. Also some of these individuals are from over seas.
I have heard nobody from the larger brokerage houses such as Etrade
or Ameritrade have received UCAD shares. In addition the shares they
received were put in their accounts at both old and new distribution
ratios.
I am sure Roger Glenn, company attorney, has been working closely
with the SEC on the problem of CMKX being shorted. Normally if a
divvy was issued to a select few giving them the edge to sell first
before the masses were able to sell would be a company violation and
a halt in trading could happen. This would be a huge SEC violation
giving an edge to a select few to sell before the masses also had a
chance to sell. A few sellers of UCAD wouldn't hurt the share price
as much as the masses selling.
Could this be considered Market Maker Front Running? If someone were
given shares of a company before the masses received shares and sold
them receiving the advantage is Front Running? By the Market Makers
selectively covering a naked shorted share they could be considered
Front Running the short squeeze. When shares are paid out as a
divvy, making it look like the divvy entity paid out this share divvy
and they did not isn't this fraud? Isn't this an illegal act
violating securities law?
The rats are trying to create reasons to get CMKX halted. If they
could force a CMKX halt on trading and move their short trouble into
a courtroom this would be the easy way out for them. By giving out
these share it was suppose to put the focus on the company and not
the MM that naked shorted CMKX to the public. The naked short is
estimated to be huge. In a courtroom the market maker might lose and
face a small fine but the situation they are facing might get
eliminated but the judge. This would force both parties to settle the
matter, easy way out for the naked short seller.
The rats have naked sold short CMKX shares. I believe this and have
always held the belief a short exists. How large this short is only
CMKX/Roger Glenn see the figures. They have been tracking this short
for many months and I believe they know exactly where they are at
when setting the Rat Trap.
Bottom line is CMKX has a naked short problem. In all my years
associated with Pinks and OTCBBs I have never seen the
company/investor win. Yes I have seen a few attempts but the MM
usually gets back control at some point and shorts the price back to
a point investors panic and the MM takes in the selling covering
making big bucks.
The Rat Trap is being set as each CMKX shareholder dividend is
announced. They are setting many rattraps in various degrees to catch
these big rats.
CIM is a big rattrap about to come out of hiding. Do you think CIM
will be an IPO? Do you think the rats can obtain CIM shares? LOL
Only CMKX shareholders can get a divvy of CIM shares. Forty billion
CIM shares are about to be distributed to CMKX shareholders. CIM is
to be a zinc mine play in northern Saskatchewan.
Is SGGM another Rat Trap? SGGM has a very low issuance of apx. 16
million common shares but a high AS of 850 billion and out of that
giving CMKX 200 billion restricted shares. What if CIM was merged
into SGGM at a 1 CIM share to every 5 SGGM shares. What a rat trap
this would be. What if the restriction on the SGGM shares was
lifted?
CIM/SGGM was just a thought but if the market makers try buying SGGM
shares to cover CMKX divvy of CIM shares how would that work? They
would be forced to buy SGGM on the open market, no other choice
because they can't buy CIM shares because it's not a public company.
Yes everyone the Rat Traps are being set. The UCAD Rat Trap was the
first trap out of many we should see set. Each Rat Trap will dig
deeper and deeper into the market maker's bank vault, slowly draining
their cash and affecting their resolve. At some point in time the
market maker will have to cover CMKX because if CMKX ever does a
reverse merger into another company the result could drain the vault
reserves that the market maker has taken years to build.
Rat Trap!!! Everyone this is going to get real interesting the next
40 days as we move towards the end of October. It's reported from the
race this weekend CMKX is anticipating filing before the end of
October. If these Divvy Rat Traps are putting pressure on the market
maker and CMKX becomes fully reporting this should open up another
window to the Rat Trap. It's reported huge buying is just waiting to
start up once CMKX becomes fully reporting. The whales are waiting
to start buying. I wrote about the whales for months and many laugh
at me. It's being reported at the race and Corning VP was at the race
for a special meeting. It is reported, "Corning is ready to buy 20%
of the company (CMKX) once it is fully reporting." On another angle
ask why Corning is so interested in buying 20% of the company.
Readers this is about to turn into a double hit, then a triple, then
a home run for shareholders imo. We are about to start receiving
stock divvies and CMKX share price increase should follow. The Rat
Trap that is being set into motion. We can see this by hearing about
UCAD shares fraudulently delivered as a stock divvy is the first
noticeable event that the general public/shareholder has been able to
actually witness as part of the breaking the naked short. This is
going to get very interesting the next few weeks and months.
The trap has been set for the pesky rat? The rat has nibbled at the
bait. Soon the trap will slam shut.
The basic theory came from discusions with phxgold and zen.
Thank you,
Hal Engel aka WillyWizard
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=567770
By: WillyWizardClub
29 Sep 2004, 01:22 AM EDT
Msg. 567770 of 567771
(This msg. is a reply to 566273 by WillyWizardClub.)
Jump to msg. #
The Rat Trap
Have you ever set a trap for a pesky rat? The object is to bait the
trap to entice the rat to nibble then bang you close the trap.
CMKX has never announced the payable date for any stock divvy before
the recent press release last Friday. They have announced the date
of record in press releases but nowhere do you see that date for
paying out the divvy. Yes OTCB.com and other sites listed September
24th as the date payable for the UCAD divvy but this wasn't news from
CMKX or UCAD as a public announcement to shareholders.
Here is an excerpt from the CMKX press release about UCAD divvy.
"DENVER, Jul 18, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink
Sheets:CMKX) is pleased to have reached a purchase agreement with
U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian
Minerals Inc. will be purchasing 5% of all mineral claims held by
CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM
Diamonds, Inc. will later issue these shares to all shareholders of
record on August 20, 2004."
No date of delivery, only date of record.
The rats have taken the bait and bit hard
Recently funny events have been taking place as far as the UCAD share
delivery. Some individuals have received shares before the masses and
the shares they received were not restricted like UCAD had reported
in a previous filing. If you didn't read this UCAD filing you would
have never known these shares were suppose to be #144 shares that
CMKX was to receive.
Follow me on this one
The individuals that have received shares are not with larger
brokerage houses. Also some of these individuals are from over seas.
I have heard nobody from the larger brokerage houses such as Etrade
or Ameritrade have received UCAD shares. In addition the shares they
received were put in their accounts at both old and new distribution
ratios.
I am sure Roger Glenn, company attorney, has been working closely
with the SEC on the problem of CMKX being shorted. Normally if a
divvy was issued to a select few giving them the edge to sell first
before the masses were able to sell would be a company violation and
a halt in trading could happen. This would be a huge SEC violation
giving an edge to a select few to sell before the masses also had a
chance to sell. A few sellers of UCAD wouldn't hurt the share price
as much as the masses selling.
Could this be considered Market Maker Front Running? If someone were
given shares of a company before the masses received shares and sold
them receiving the advantage is Front Running? By the Market Makers
selectively covering a naked shorted share they could be considered
Front Running the short squeeze. When shares are paid out as a
divvy, making it look like the divvy entity paid out this share divvy
and they did not isn't this fraud? Isn't this an illegal act
violating securities law?
The rats are trying to create reasons to get CMKX halted. If they
could force a CMKX halt on trading and move their short trouble into
a courtroom this would be the easy way out for them. By giving out
these share it was suppose to put the focus on the company and not
the MM that naked shorted CMKX to the public. The naked short is
estimated to be huge. In a courtroom the market maker might lose and
face a small fine but the situation they are facing might get
eliminated but the judge. This would force both parties to settle the
matter, easy way out for the naked short seller.
The rats have naked sold short CMKX shares. I believe this and have
always held the belief a short exists. How large this short is only
CMKX/Roger Glenn see the figures. They have been tracking this short
for many months and I believe they know exactly where they are at
when setting the Rat Trap.
Bottom line is CMKX has a naked short problem. In all my years
associated with Pinks and OTCBBs I have never seen the
company/investor win. Yes I have seen a few attempts but the MM
usually gets back control at some point and shorts the price back to
a point investors panic and the MM takes in the selling covering
making big bucks.
The Rat Trap is being set as each CMKX shareholder dividend is
announced. They are setting many rattraps in various degrees to catch
these big rats.
CIM is a big rattrap about to come out of hiding. Do you think CIM
will be an IPO? Do you think the rats can obtain CIM shares? LOL
Only CMKX shareholders can get a divvy of CIM shares. Forty billion
CIM shares are about to be distributed to CMKX shareholders. CIM is
to be a zinc mine play in northern Saskatchewan.
Is SGGM another Rat Trap? SGGM has a very low issuance of apx. 16
million common shares but a high AS of 850 billion and out of that
giving CMKX 200 billion restricted shares. What if CIM was merged
into SGGM at a 1 CIM share to every 5 SGGM shares. What a rat trap
this would be. What if the restriction on the SGGM shares was
lifted?
CIM/SGGM was just a thought but if the market makers try buying SGGM
shares to cover CMKX divvy of CIM shares how would that work? They
would be forced to buy SGGM on the open market, no other choice
because they can't buy CIM shares because it's not a public company.
Yes everyone the Rat Traps are being set. The UCAD Rat Trap was the
first trap out of many we should see set. Each Rat Trap will dig
deeper and deeper into the market maker's bank vault, slowly draining
their cash and affecting their resolve. At some point in time the
market maker will have to cover CMKX because if CMKX ever does a
reverse merger into another company the result could drain the vault
reserves that the market maker has taken years to build.
Rat Trap!!! Everyone this is going to get real interesting the next
40 days as we move towards the end of October. It's reported from the
race this weekend CMKX is anticipating filing before the end of
October. If these Divvy Rat Traps are putting pressure on the market
maker and CMKX becomes fully reporting this should open up another
window to the Rat Trap. It's reported huge buying is just waiting to
start up once CMKX becomes fully reporting. The whales are waiting
to start buying. I wrote about the whales for months and many laugh
at me. It's being reported at the race and Corning VP was at the race
for a special meeting. It is reported, "Corning is ready to buy 20%
of the company (CMKX) once it is fully reporting." On another angle
ask why Corning is so interested in buying 20% of the company.
Readers this is about to turn into a double hit, then a triple, then
a home run for shareholders imo. We are about to start receiving
stock divvies and CMKX share price increase should follow. The Rat
Trap that is being set into motion. We can see this by hearing about
UCAD shares fraudulently delivered as a stock divvy is the first
noticeable event that the general public/shareholder has been able to
actually witness as part of the breaking the naked short. This is
going to get very interesting the next few weeks and months.
The trap has been set for the pesky rat? The rat has nibbled at the
bait. Soon the trap will slam shut.
The basic theory came from discusions with phxgold and zen.
Thank you,
Hal Engel aka WillyWizard
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=567770
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