Replies to post #2243 on CMKM Diamonds Inc (fka CMKX)

[prosearcher]

To me UCAD would be acquired by CMKX, or the race car would be called UCAD Machine instead of CMKX Machine. If UCAD would acquire CMKX, then UCAD would be displayed on the front & sides of the race car & CMKX would be on the back fin of the race car.


Just my thoughts.

[Zacharia]

Fung_derf: I enjoyed your explanation, but the restriction may be a probablity, if there's a reverse company merger. I'm not sure if this will happen but I have been reading about some reverse company mergers and one of the ways they get rid of the debt, of the large outstanding shares of an company that's being subsumed, is to restrict the ability of the new shareholder's to sell their stock. This gives the new company to obtain income before having to pay out so much money on the newly issued stock. As a rule, I have seen restrictions of one year. Whether this will happen or not, remains to be seen. This is something I pass on. Good luck to All!!!

[sublime]

fung..thanks much for taking time to help me understand. I think if something between UCAD and CMKX is going to happen (whatever it is) it will happen within this racing season. Otherwise there would be no reason for UCAD to be on the car, even though those paintjobs are just vinyl skins on the car and would be very easy to change. But urban surely would not want to change it mid season. CMKX is the main advertiser on the car so that kinda makes me think that we will not be losing that name.

What is another possibility other than the reverse merger?

peace to you and greeeeeeen! sub