One Step Ahead

[Bo14172]

http://www.investorshub.com/boards/read_msg.asp?message_id=3883172

From 8-24. Call the post "The Bluff".

Read mine first, then read georgeburn's again. They intertwine in that we look at the 800 A/S from two different angles.

As I say he does an outstanding job in explaining the means to UC's goal to retire shares. I like what he has offered very much. The explaination of the means to our end goal of retiring shares is good stuff.

Mine theorizes that the 800 was a bluff and the additional 300 billion was never intended to be issued, rather just be an incentive to drive the price lower. He offers a sound theory based on the assumption that the 800 billion was being used to assist in buying back REAL SHARES from ALL MM's across the board.

Bo
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Posted by: Bo14172
In reply to: None Date:8/24/2004 9:12:17 PM
Post #of 20894

Here goes nothing...

Guys, honest, I have tried to look at this from every theoretical angle to surmise the projected windfall by the time of the Indy race or even beyond that.

Please don't be offended by what I've been saying or am about to say again, but an increase in the O/S to a level of ~800,000,000,000 shares flat out isn't good. Guys, I've tried, but I can't polish a turd. Especially a 800 billion share one.

However...I see a bright spot.

Now, if there is some plan that advances our pps in the next 8 trading days, or even the next 60 days, to incredibly high levels, based upon a potential 800 billion O/S level, then Godspeed and bring it on. It defies all technical, fundemental and market based logic, but I'll be the first leading the party train in Vegas.

But as I sit here tonight, I can't see that occurring.

Now for the only bright spot:
- The A/S was a bluff. No, not the filing of the A/S increase itself, that is very real. But to have the MM's and true weak hands be shaken out at lower prices. If we are to believe the company, share retirement has been ongoing. I recall a post of someone that mentions Urban saying that at the races. We have also heard it time and time again from Melvin, even as recent as this month. They have issued PR's specifically on share retirement.
So, CMKX is syaing, let's let the news of the increased A/S sneak out, but have no intention whatsoever of issuing those shares.

What the shake does is lower the price to the current buy-in price of .0003, allowing them to buy back more and more shares for retirement. This is a 25% reduction from .0004 (a significant reduction), and we may see some trades begin to sneak through at .0002. If they are able to buyback at this level, I believe this would be the lowest level, and last level at which they will retire shares.

It is very true that A/S does not equal O/S. Some, including myself believed the O/S to be less than the 483 Bil figure many were assuming. I had thought between 150-250 Billion. And friends it still well may be just that, and the filing of the O/S was to create the shake for the last opportunity for retiring shares.

So yes, given that scenerio I see great hope. What a reaction the market will have if the company files next week to become a reporting company once again and the O/S is 150-250 billion. That, plus positive Carolyn results, would create a significant move in share price. : )

Of course, please take this as my opinion only, but it's the only possibiliity I see as good for us. An increase in the O/S to near 800,000,000,000 simply isn't going to get us there, unless there is some magic I am not aware of.

Be well, Bo