WOW/Pedro.
$$$$$$$$$Not Mine.
Hi everyone. It has been a while since I have posted on here, but I felt I needed to briefly share some info I have received as of late and an idea or two from past PR's I believe most have overlooked.
I believe that Urban is absolutely correct in his statement that the PR's reveal all. They do not reveal the time frame but they do reveal the plan. I will go into more detail on this later but here is something to think about.
1st - CMKX has compiled a list of 27 market makers possibly involved in the NSS position of CMKM Diamonds.
2nd - The longer we hold our CMKX shares the more it helps Urban and Company complete their task. Believe it or not the certificate move many of us participated in getting certificates on a portion of our holdings did help the situation and continues to do so.
3rd - The share dividend policy we have seen begin over the last few months reflects the Company's acquisition strategy that identifies undervalued take-over targets in mineral resource and related businesses to boost CMKX and it's overall structure.
4th - The Company has been and is currently evaluating companies each of whom will benefit from new managerial economic assessment, asset appraisals, accounting peer review and legal restructuring.
5th - CMKX originallybelieved that its shareholders and the targeted company's shareholders would best benefit from a "cross-dividend" policy and are still pursuing and enacting a variation of that cross dividend policy. The original design of the cross dividend policy was that if CMKM Diamonds acquired a new target company in an exchange of shares, CMKM Diamonds would pay its shareholders a mandatory 8% dividend of the total number of shares exchanged with the new target company. A variation of this is in place and is still part of the plan in our acquisitions.
6th - Since the mining and mineral resources business is highly fragmented, CMKX believes that its acquisition strategy will provide a way to leverage its assets into a larger more diversified portfolio of companies instead of concentration into a single entity that could not devote sufficient time and spending to expeditiously and thoroughly make efficient use of all minerals involved.
7th - CMKM Diamonds believes that its acquisition strategy, spearheaded by the Casavant Family, will require the addition of a seasoned management team and have therefore put together the CMKX Dream Team that we have aboard today.
8th - CMKM Diamonds believed that its cross-dividend policy would result in share dividends being issued as they have been. A legal audit of its shareholders of record was to speed up that process including any future cash dividend by way of policy (which would be based on its net earnings or special dividend offerings) to benefit those shareholders of record on the declared dividend date even if it were to be retro active to a previously undisclosed date.
9th - I spoke with 1st Global today and they have not yet received a distribution ratio for the UCAD or the CIM share dividends. The shares have not yet been delivered to the transfer agent for anyone to receive and no distributions of UCAD or CIM have taken place to any share holders of CMKX by the transfer agent.
10th - Further, the idea that anyone would know the pro rata distribution before the T/A was quoted to me by out T/A as being "highly unlikely outside of CMKM Diamonds officers and Insiders." As one has not yet been reported to them then it is their opinion that "no OTCBB, Pink Sheets, or Broker could possibly have the accurate pro rata distribution numbers and are not to be believed until they are released in a PR from the Company."
Keep holding and be patient, this is one time you will understand that the silence has been golden indeed. Keep your eye on the mining aspects of CMKM Diamonds and our joint ventures. Continue to RE-ROOT yourself in DD through the PR's and along with that measure in UCAD DD and PR's gathering in joint venture info as it plays in and you will do well.
Much of this came directly from PR's from the company and the rest are just my opinions and I ask that you treat them as such.
IMHO - Success is at hand
Thanks for your time.
Dr.D