Replies to post #84054 on CMKM Diamonds Inc (fka CMKX)

[Casprs1]

I think that is a definate posibility Cat. Not saying that it will happen, just one of many posibilities. JMO

[BRIG_88]

catman....yes....he can reverse split this stock any time he wants....in fact one way pinksheet companies get a nasdaq otc listing is via a R/S and reverse merger into a shell....happens all the time.....BRIG

[69charger]

Catman,

the truth is yes he can.

Pink sheet and he dosen't have to tell us.

I persoanlly DON"T think it'll happen,but it "could" happen.

Glty
chris

[infolode]

Reverse merger into shell is a well accepted theory. CIM being the entity.

R/S is also a possibility.

My theory: Just hang tight, my worst case will be 1,200% profit.(82% free shares) I'll take that any day of the week.

[The_Free_Nebula]

catman - You, me and everyone else only have "virtual" paper ownership now. As you know there will come a time when each has to decide to realize the value of that paper before, during or after UC makes his ultimate move. From where I sit there is no more accurate answer than the one I just provided. I don't give a rip how long or how many paragraphs the Soliloguy writers put to it...

TFN

[matrix]

Yes, if he and his buddies hold the majority of shares.

Urbie has to report any split to Nasdaq. The same 10-day notice applies. Unfortunately, they don't enforce this rule very well thus some companies submit r/s the day before it happens. Say Urbie did the same thing. You would still have a couple hours to try and get out if you're watching the Nasdaq's daily list.

The problem is most here probably wouldn't believe whoever first caught and reported it. Even after others verified the info was coming from a valid source, many would waste the time away attacking them rather than believe Urbie would ever do such a thing.

[janice shell]

Yes.

UBIE is in TOTAL CONTROL here, there are not articles of
incorporation (?)....no shareholders proxies to worry about....
my question...
Can he exersice a R/S at WILL ?

Technically, he has to inform the Nasdaq ten days prior to the day on which the split would become effective. Companies don't always honor that rule, however; back when IFTP (as it was then) did a reverse split, the notice appeared on the Daily List the day before.

[Pedro2004]

'catman'

Re: there are not articles of incorporation (?)....

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I have copies of CMKM Articles of Incorporation from the Nevada Secretary of State.

They do exist!