From Green Barons just now....
August 2004 Focus Stock Update
CMKM Diamonds, Inc. (CMKX)
“Don’t over analyze”
The Green Baron Report will be the first to admit that it can be quite confusing to new investors when analyzing every public release that CMKM Diamonds has announced over the past year. For some time we struggled to accept the relationship between a publicly traded mining company with an advertising campaign through nationally televised high speed racing. To some people it would appear that the company is putting “the cart before the horse.”
In the middle of the trading day on Wednesday, August 11, 2004 , once again CMKM Diamonds seemed to have baffled some of its followers with the announcement that it signed an agreement with CMKXTREME Inc. to offer a VISA Pre-Paid Stored Value card to the CMKX shareholders and race fan affinity group. As a VISA product, the card can be used at more that 1 million ATM or merchants locations worldwide that display the VISA or Plus logos.
Urban Casavant, CEO of CMKX stated, “CMKX is offering this innovative product to their shareholders to once again provide value to their shareholders in new and useful ways. It is rare to be able to provide shareholders and affiliates with a unique benefit whose usefulness can be measured in many ways. We are thrilled to be able to provide this service and product through CMKXTREME to our shareholders, affiliates, and race fans alike.”
The Green Baron Report views this announcement, as well as most of its other recent public releases as pieces to a giant puzzle; when first analyzed it is difficult to figure out where it fits, but when the whole puzzle is complete it all makes perfect sense. We have not spoken to anyone at the company that might lend further explanation as to why this particular release comes right now or its overall meaning, but we will propose some input based on our knowledge and experience.
The Green Baron Report knows that each NHRA and other race car event is attended by thousands of loyal fans that walk the pit areas and sponsor’s booths. We do not have a precise number of current investors that own CMKX stock, but we venture the number is in the thousands, and more likely the tens of thousands. In total, CMKM Diamonds has access to a huge audience of interested followers.
We believe CMKM Diamonds and Mr. Casavant is once again advertising its image, its stock, and its future in precious stones and metals in an innovative way that could spread like wildfire. Every single time someone makes a purchase with this card, by nature of an affiliate program, it is likely that a small percentage of the transaction will be awarded to a third party. This third party beneficiary could be the CMKXTREME race car budget, a scholarship program for education, or even Urban’s favorite charity.
Regardless of who the beneficiary is, we imagine that this card (which could be embossed with the likeness of the CMKXTREME funny car or the CMKM Diamond Driller) will grab the interest of any person who processes a charge on the card. The number of people who see this card on any given day a year from now could number in the many thousands. The potential advertising and its sphere of influence is interesting to say the least.
So what is the bottom line? We view this press release as a minor event while CMKM Diamonds’ head council, Mr. Roger Glenn of Edwards & Angell LLC, currently meets with management and other key individuals in Saskatchewan . We believe the end result of this meeting will finally put the whole puzzle together.
Remember, in what seems a complex web of news we need to try to keep it simple. CMKX may be sitting on the richest reserves of minerals in the world. The Discovery Channel has recently demonstrated that this part of Saskatchewan is believed to contain the largest kimberlite pipes ever recognized. CMKM Diamonds has mineral rights to well over one million acres of this land. We believe a company that so strongly desires the public eye may very well know more than we do right now. Only time will tell, so in the meantime, keep it simple, don’t over analyze, and make your choice if you want to invest in what we believe will be The Stock Play of a Lifetime.
Finally, there is speculation that a cash dividend of some sorts may be in the works generated from the sale of mining or mineral rights. Although we will not address this speculation now, it does stand to reason that if cash was paid out to shareholders that the company might offer some sort of program that provides reverse benefits. We view speculation of any dividend paid directly to cardholders as absurd. CMKX remains at .0004 on the offer at press time of this article. We do not expect the price to remain this low for much longer.
We'll Get there. Just you wait and see....
(Posting news is what I do. It DOESN'T mean I own it!!:-)
