Replies to post #118256 on CMKM Diamonds Inc (fka CMKX)

[violent]

very nice.

[hasher]

I still ain't buying it, but if in the end CMKM takes the MMs to the cleaners and annihilates them, I will be forever grateful. I will go so far as to issue an all encompassing apology if the MMs get it in the neck.. but I still ain't buying it for now.

[VooDooman]

John, probably one of the most intelligent post on this subject. Thank You

[DAVE_007]

Islandtime..excellent find..excellent post..

Person Mark added!

Back to Profile

[1eagle1]

And So It Goes...IMO!!!

As Rutan and Co. showed NASA & the Space Industry...

So shall Glenn/Casavant and Co. show the Trading & the Mining Industry!

[Klonopin2mg2000]

islandtime', ty!eom

[Jim Bishop]

John needs to read and learn Industy Guide 7.

http://www.sec.gov/divisions/corpfin/forms/industry.htm#secguide7

The first part of his post is pointless as USCA have not filed yet concering anything purchased from CMKX.

When they do file I believe that since they are now in production in South America that they must change from a development stage company to a production stage company.

I think the second part concerning RG and the SEC is just a pipe dream.

[TSXminer]

I think the problem that the SEC sees is just the opposite: UCAD has vastly exaggerated the value of its assets in its press releases in order to pump up the share price.

[pantherj]

Total BS. But, a nice try at creative writing.

I believe RG's plan is brilliant and he has done everything he can to
give people time to correct things. He now has both shorty and the
SEC under the gun and has the evidence to bring both down if they
don't correct the situation in a way that is satisfactory to the
shareholders.

[jmrsage]

Islandtime - This CPA you are quoting is missing a big piece of the picture here. At 12/31/03, 99% of UCAD's value was based on a claims interest from a previous stock swap. If your expert here actually read through UCAD's filings, he or she would see that very little cash has ever been invested in UCAD. In addition, most of their expenses have been consulting and professional fees - which have been paid off by issuing paper - most of it at $3 or less per share.

Now we have a motherlode of stock swapping, money shuffling, and paper shuffling with very little substance to show for it.

Perhaps it is this scenario that is raising eyebrows at the SEC.