zen & narvo, great posts!
narvo,
GLKCE: Take a peek at my posts from 2-3-05 through 2-7-05. I did everything just short of skywriting this issue identifying this gross anomaly and pointing out the opportunity. I saw it at .004, and in the 15 minutes it took to do further adequate (but quick) DD I brought it here when it was at .006. The last 2 weeks have shown that what we DD'ed was 100% on the money.
The evidence of the DD was confirmed and boldened by the filings of individual shareholders who own more shares than the float, (Those filings may well continue!!), the article exposing this story, Senator Bennett's direct and confident questioning of Mr. Donaldson in which he read the article, and now finally comfirmation from the company itself.
Through this I was never blind to the companies past filings and posted so, however....
...with all that has been evidenced here, and the light that has been shed on their stock, it seems crystal clear from what you post that GLKCE fully understands the importance of this matter and the role their stock has as the WATERSHED CASE of this issue.
I am glad to see them echo what I pointed out 6 weeks ago, and again last week. Here it is. It speaks for itself:
On the day of the R/S, this was the transaction that occurred:
09:42:51 5000 0.015 - OTCBB
09:42:51 5000 0.10 OTCBB
You saw the reaction of Senator Bennett, and the thousands of e-mails to him and others in the wake of his questioning. GLKCE knows they are the example case of a large marketwide problem.
By them continuing to hold their share structure in place means this issue will be continue to be at the forefront.
.004 to .14. The more this issue gets pounded especially now that early evidence is being revealed, this could get very good indeed.
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zen,
Your words to your first post this afternoon could not have been better put. I see so many so far into the quasar here. For them any reality will never be properly digested. I posted before in depth the possibilities and now that the air is semi-clear, I see it narrowing down to 1. I'm going keep it short:
~ 703 Billion & 2004 = Bad.
(Carnival barking to the nth degree, dilution, misuse of funds and abuse of tens of thousands of peoples' trust and time)
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~ NSS and cellar boxing = Bad.
(I deleted a very long explanation here of what we saw ocurring. I'll leave it by saying the trading practices we saw here are very open to question)
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~ SEC inquiry = Could go either way.
(CMKX Version.2004 and MM's were both in the wrong last year as I see it. Glad it's in the open. I'm focusing on simply emerging in tact and hope current leadership (Mr. Meheu) stays in place, and could care less about the fate of prior management whether they stay or be ousted.)
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~ CMKX Future = Promising with current leadership.
(We have to get through this. This will take time, it won't be over tomorrow as I posted a couple weeks back. After it's over, simply not look back and for people to understand we have a promising company that unfortunately has a GINORMOUS o/s. It's going to take time and REAL EFFORT in finally using funds and resources for exploration and mining, rather than what we saw with CMKX Version.2004. TDEM + Aerial surveys + real business being done + bold leadership + improving share structure are what I see occurring, but it will be a long slow road. A good one but a longer road than most are theorizing. Like you, I'll take any quick windfall, but one only has to scan the industry to see that REAL WORK and results have to occur for CMKX be deemed to have value. Proven mines are the only way.)
CMKX has 703 billion shares and is the subject of SEC investigation. It is what it is, fugly.
But having Mr. Maheu leading the company and having the TDEM and aerial results, plus the uranium claims in the northern region and the gold mining claims in Ecuador, makes one hope CMKX can remain in tact with his leadership and start doing business as it should have long ago.
Bo
