D in the Ruff, check your Bills schedule and
see who's coming to town the for your last game of the regular season. ; )
As for CMKX, we have 2 inquiries in 2 different contries against the main players of our investment. There seems to now be a better even money chance that certain claims which were promoted and hyped by the company president, IR representative and main JV partner all year, have lapsed.
At this writing there has been no word from the company about the inquiries, the lapsed claims, the entired sampled results from claims which now appear to have been lapsed, the August meeting, the true meaning of the 'cross dividend' policy (nothing has even close to resembled a cross dividend in all dividends declared in 2003 and 2004), what is CIM, the O/S, the float, the NSS issue, the amount of ore recovered to date from Ecuador, the number of drilling rigs owned, the number of drilling rigs currently in operation, the NSS issue, if they have diluted this company to almost 800 billion shares, no mention of any samples from the 'Oreo' pipe ( last word the rig was being moved to another location...), why they stated on the phone and to shareholders in person that they would be reporting in June or July, when they now actually expect to be reporting, just to name a few.
But hey, there's perfect clarity on the new car body and chassis for the 2005 race season. For CMKXtreme, all is certainly well. For insiders of CMKX who benefited in anyway by share dilution which brought in 10's of millions for them, all is well (cigar in front of the fireplace crowd over the holidays). For the MM's who look at 100 billion to possibly 800 billion O/S total every day, all has been very well for them. (they have moved beyond the fireplace crowd and have realtors looking at island villas).
The faithful wait.....and wait, and expected date after expected date go by. I'm not at the point yet where hard cold reality reality of dishonest people have knocked the hell out of my hopes and dreams, but I'm getting close.
The day I learned of the 800 billion A/S back in August was a huge paradyme shift for me. But I kept the faith,as they still told shareholders in person and on the phone many things which still have not come to pass. If what has been reported today turns out to be true, then call this strike two. I have enough left to see if they are going to strike out or knock it out of the park, but not much beyond that.
Beginning the first of next year, I will go back to parking $$ in the 4-5 blue chippers while looking for great opportunities that made me a great deal of money last December and at certain times this year. In seeing IBZT and CMKX I tied up money for way too long and went away from my trading plan that was working well. Both companies seem to have similarities in their life cycle. The only plus to CMKX is there is no incentive for anyone to sell at this point at all. It can't go much lower...so whether you like or hate what I wrote above, were in this one together, good or bad.
We may hit it big, but keep in mind it was the band on the titanic who played on even as the ship was listing and diappearing in the Atlantic.
If it comes to that, I have first dibs on the conga drums.
Bo : )
