InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,303.27
(
0.12%
)
US TECH 100
18,062.00
(
-0.10%
)
Dow Jones
40,003.59
(
0.34%
)
Brent Oil
83.76
(
0.00%
)
Bitcoin
66,865.76
(
-0.32%
)
Post# of 358430
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Pedro2004

Send PM Follow Ignore
Followers 109
Posts 8815
Boards Moderated 1
Alias Born 08/03/2004

Pedro2004

Re: None

Saturday, 10/23/2004 10:23:13 AM

Saturday, October 23, 2004 10:23:13 AM

Post# of 358430
Pedro’s Theory **** (Updated 10/21/2004)


The following section(s) have been updated on 10/21/2004.

Section 5
Section 7




**************************** Section 1 ****************************



Will the PPS of CMKX ever reach: “To The Moon?”


No.
Never!

If you are waiting for the PR on the O/S, hoping the PPS of CMKX will reach the Pennies?
It will never happen.

If you are waiting for a PR on the Mother Load, hoping the PPS of CMKX will reach the Pennies?
It will never happen.


Why?
There are 1.5 Trillion Shares of CMKX being traded on the market.
Every time the PPS goes up, shareholders of the 1.5 trillion (shares) will sell.
Selling will lower the PPS.

Why?
The MM’s will never allow CMKX to reach into the Pennies.
Every time the PPS goes up, the MM’s will continue to short sale CMKX into oblivion.
Selling (NSS) will lower the PPS.

In other words:
There are too many shares on the open market (1.5 Trillion Shares).
And, the MM’s can create as many “more” shares as they want.







**************************** Section 2 ****************************



What do we know about the Carolyn Core Analysis?


Nothing!


///////////////


What do we know from the Canadian JV Partner’s PR?

http://www.sedar.com/csfsprod/data47/filings/00659963/00000001/u%3A%5Cpinechannel%5CNRjune15.pdf


Five (5) holes were drilled.
Let’s break down each drilled hole separately by percentages.

Hole #1 = 20%
Hole #2 = 20%
Hole #3 = 20%
Hole #4 = 20%
Hole #5 = 20%
Total = 100%


///////////////


Only two (2) Holes were sampled
(The results are for holes #1 and #2).

Of these two holes sampled, only 50% of each hole was sampled
(The samples are of split NQ, and the other half of the core has been retained in a secure warehouse).


///////////////


Therefore each hole should be broken down into “Sampled” and “Not Sampled”

Hole #1 = Sampled = 10%
Hole #1 = Not Sampled = 10%
Hole #2 = Sampled = 10%
Hole #2 = Not Sampled = 10%
Hole #3 = Sampled = 0.00%
Hole #3 = Not Sampled = 20%
Hole #4 = Sampled = 0.00%
Hole #4 = Not Sampled = 20%
Hole #5 = Sampled = 0.00%
Hole #5 = Not Sampled = 20%
Total = 100%

Add up the percentage “Sampled” and percentage “Not Sampled:”

Sampled = 20%
Not Sampled = 80%


//////////////


20% of the drilled samples have been tested for “Diamonds.”
80% of the drilled samples have NOT been tested for “Diamonds.”

0.00% of the drilled samples have been tested for “Other Valuable Materials.”
100% of the drilled samples have NOT been tested for “Other Valuable Materials.”







**************************** Section 3 ****************************



What do we know about the UCAD Stock Dividend?


The good part about the UCAD Stock Dividend is that we know the “Issued and O/S Shares of CMKX.”

http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date


///////////////


What is the Issued and O/S Shares of CMKX?
(7,500,000) / (0.00000962) = 779,625,779,626

The Issued and O/S Shares of CMKX is: 779,625,779,626 Shares


///////////////


How many shares of UCAD will we receive?
(1) / (0.00000962) = 103,950

We will receive one (1) share of UCAD for every 103,950 shares of CMKX


///////////////


What we DO NOT KNOW is:

What are the Restricted Shares of CMKX?
What is the Tradable Float of CMKX?







**************************** Section 4 ****************************



What do we know about the CIM Stock Dividend?


Before we continue, you must understand the ratio structure of the CIM Dividend.

Normally a dividend ratio is calculated by using the “Issued and O/S Shares” of a company. Just like UCAD above.

However, CIM is different.

The CIM Dividend Ratio is calculated by using the “Total Shares Owned by All Shareholders.”

You need to understand the wording of the PR that was issued.
The key words are:
----- Pro Rata
----- All CMKM shareholders

http://biz.yahoo.com/bw/040719/196042_1.html


///////////////


What is UC doing?

Let’s use this example:

There are 1.5 Trillion Shares of CMKX on the market.

Hypothetically, I personally own 150 Billion Shares.
Therefore, I would own 10% of all CMKX shares on the market.

Forget about the percentage (%) based on the A/S of 800 Billion Shares.
Forget about the percentage (%) based on the O/S of 779.5 Billion Shares (from UCAD above).
Focus only on “All CMKM Shareholders,” all tradable shares on the market, all shares owned by all shareholders. All of the Real and NSS shares on the tradable market.


Hypothetically, I personally own 10% of all CMKX shares on the market.
There are 40 Billion CIM Shares available for the dividend.
My CIM Stock dividend would be 10% of 40 billion shares available.

My portion (percentage) of the 40 Billion Shares would be: 4 Billion Shares.
(40,000,000,000) x (0.10) = 4,000,000,000


///////////////


UNDERSTAND THE PRESS RELEASE
READ THE WORDS IN THE PRESS RELEASE


UCAD Stock Dividend states:
7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record

http://biz.yahoo.com/bw/040718/185046_1.html



CIM Stock Dividend States:
40 billion shares … will distribute pro rata as a dividend to all CMKM shareholders of record

http://biz.yahoo.com/bw/040719/196042_1.html


///////////////


There are three reasons why UC is calculating the CIM dividend ratio based on “all CMKM shareholders” on the market:
-- 1. UC wants everyone to receive the same percentage of CIM ownership, as each individual currently owns in CMKX *** (same percentage based on all shares of CMKX on the market).
-- 2. CIM is a private company *** (is not currently traded on the market).
-- 3. Will eliminate any NSS Stock Dividends paid on CIM *** (or eliminate any NSD, Naked Short Dividend paid).

Remember, UC is trying to avoid a NSS problem with CIM.

Issuing CIM Stock Dividends to CMKX NSS Shareholders would create a NSS problem with CIM.
(Or a NSD problem – Naked Short Dividends)


///////////////


The good part about the CIM Stock Dividend is that we know the “Total Shares Owned by All Shareholders.”

http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/31/2004&sDateType=Record_date


///////////////


What is the Total Share owned by “All CMKM Shareholders?”
(40,000,000,000) / (0.0256) = 1,562,500,000,000

The Total Share owned by “All CMKM Shareholders is: 1,562,500,000,000


///////////////


How many shares of CIM will we receive?
(1) / (0.0256) = 39

We will receive one (1) share of CIM for every 39 shares of CMKX


///////////////


Based on the information from the UCAD dividend above:
Based on the information from the CIM dividend above:
We know the Illegal NSS shares of CMKX.

(1,562,500,000,000) – (779,625,779,626) = 782,874,220,374

The amount of CMKX illegal NSS shares on the market: 782.8 Billion Shares.







**************************** Section 5 ****************************



What do we know about the GEMM Stock Dividend?


The good part about the GEMM Stock Dividend is that we will reconfirm the “Issued and O/S Shares of CMKX.”

The GEMM Dividend has been broken down into two (2) dividends.


///////////////


The first GEMM stock dividend will be the distribution of 95,502,027 shares.

http://biz.yahoo.com/bw/040802/25741_1.html


A = Total GEMM shares available for distribution = 95,502,027 shares.

B = GEMM Dividend Ratio = 0.00012267

http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=10/01/2004&sDateType=Record_date

C = Issued and O/S of CMKX


(A) / (B) = C
(95,502,027) / (0.00012267) = 778,527,977,501

With the first GEMM Stock Dividend:
The total Issued and O/S Shares of CMKX is 778.5 Billion Shares.


//////////////


The second GEMM stock dividend will be the distribution of 127,336,036 shares.

http://biz.yahoo.com/bw/040802/25741_1.html


A = Total GEMM shares available for distribution = 127,336,036 shares.

B = GEMM Dividend Ratio = (Unknown - Has not been published).



C = Issued and O/S of CMKX


(A) / (B) = C
(127,336,036) / (B) = C

With the second GEMM Stock Dividend:
The total Issued and O/S Shares of CMKX is (unknown at this time) Billion Shares.







**************************** Section 6 ****************************



What do we know about KPG, UCA and Shane Resources?



We know that a JV Partnership already exists with CMKX.

Thanks to “PFWATTS” on the RB Board for providing the below link showing that UCA, KPG and Shane Resources each owns 10% of CMKX Mineral Rights.

http://thediamondhunter.com/companies/popnews?newsid=5777


///////////////


Did you know that the Board of Directors on these three companies is related?

Are all these three companies a separate business entity?
Or are these companies going to become one (1) company in the future?


///////////////


United Carina Resources (UCA)

Number of Directors – Three (3)
http://www.sedar.com/csfsprod/data46/filings/00648013/00000001/C%3A%5CFILINGS%5CUCANTC-03.pdf

Names of Directors:
Richard Walker
Richard T. Kusmirski
Mike Magrum
http://www.sedar.com/csfsprod/data46/filings/00647857/00000001/C%3A%5CFILINGS%5CUCAbdec03.pdf


///////////////


Comsolidate Pine Channel Gold (KPG)

Number of Directors – Three (3)
http://www.sedar.com/csfsprod/data44/filings/00623443/00000001/C%3A%5CFILINGS%5CPCNTC-03.pdf

Names of Directors:
Richard Walker
Richard T. Kusmirski
Mike Magrum
http://www.sedar.com/csfsprod/data44/filings/00623439/00000002/C%3A%5CFILINGS%5CpcBoct03.pdf


///////////////


Shane Resources

Number of Directors – Four (4)
http://www.sedar.com/csfsprod/data46/filings/00647714/00000001/C%3A%5CFILINGS%5CSNTC-03.pdf

Names of Directors:
Richard Walker
Mike Magrum
Stephen Marks
Wayne Sanderson
http://www.sedar.com/csfsprod/data46/filings/00647821/00000001/C%3A%5CFILINGS%5Cshbdec03.pdf


///////////////


What about the Canadian JV Partners (KPG, UCA and Shane Resources)?
These companies are traded on the Canadian Stock Exchange.

If these companies want to be traded on the US Market, the companies would have to purchase and/or set up a US Publicly Traded Company.

UC will not issue Stock Dividends in a Canadian Market Company.
UC will issue Stock Dividends in a US Market Company.







**************************** Section 7 ****************************



What do we know about the SGGM?


Nothing!


Will we ever receive the 200 Billion Shares as a stock dividend?

In the short term – NO
In the long term – YES


///////////////


Why will we not receive the SGGM shares as a dividend in the short term?

These shares will look great on the CMKX Balance Sheet.

If SGGM is trading at 0.25 per share;
(200,000,00,000 shares) x (0.25 pps) = $50,000,000,000

To learn more about the SGGM Valuation on the CMKX Balance Sheet and Financial Statements, go to this link.

http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=605105


///////////////


Imagine CMKX issuing their financial statements. Recorded on the financial statements is an asset (investment) in SGGM worth $50 Billion Dollars. Imagine how enticing this Balance Sheet would look for new investors.

Then if we added up the mineral rights valuation on the Balance Sheet (Financial Statements), imagine the valuation of total assets that would be recorded?


///////////////


We need to keep in thought the Press Release dated September 24, 2004.

http://biz.yahoo.com/bw/040924/245464_1.html

Glenn said, "The company's accountants are working to complete the audit of the company's financial statements.

This audit will disclose the valuation for the Quarter Ending September 30, 2004.


Why we are receiving all the stock dividends after September 30, 2004?

Increase the valuation on CMKX Financial Statements (Balance Sheet).


///////////////


Note: This shell company is the type of scenario that our Canadian JV Partners could execute if they wanted to become a publicly traded company in the US Markets.







**************************** Section 8 ****************************



What do we know about Nevada Minerals?


We know that Nevada Minerals is a Private Company.

We know that on June 24th, there was a meeting with Nevada Minerals to discuss the Goldak Airborne Magnetic Survey Results.

http://biz.yahoo.com/bw/040624/245665_1.html


///////////////


We know that on July 26th, whatever was discovered by the aerial survey was important enough for CMKX to purchase the mineral rights from Nevada Minerals.

http://biz.yahoo.com/bw/040726/266016_1.html







**************************** Section 9 ****************************



Will CMKX ever have an R/S?


No!

Why?
Because of the Nevada Minerals Transaction!
Because UC has just donated his personal CMKX shares to charity!


///////////////


Nevada Minerals just sold CMKX the Mineral Rights to 500 Thousand Acres.
In exchange, Nevada Minerals received 75 Billion Shares of CMKX.

Although the purchasing contract is not available for review, the purchasing contract between CMKX and Nevada Minerals would have a clause and/or stipulation stating that CMKX would not do an R/S (or “no” dilution clause).

Why?
Because if CMKX did an R/S, Nevada Minerals 75 Billion Shares would be reduced!
Because if CMKX did an R/S, Nevada Minerals would loose equity in CMKX!

Nevada Minerals would not “give away” their assets without protection.
Thus, if CMKX did an R/S, the 500 Thousand Acres would go back to Nevada Minerals.


///////////////


UC just gave away Billions of his personal CMKX Shares to charity and the needy.

If UC did an R/S, after donating the shares, the donated shares would have little value.

This would really make UC look like an idiot!

So there will be no R/S on CMKX.







**************************** Section 10 ****************************



What is happening to the Mineral Rights of CMKX?


The Mineral Rights of CMKX are slowly being transferred to other companies.

So far 60% of the Mineral Rights have been allocated.
We still need to allocate the other 40%.

What are the percentage breakdowns?
10 % = KPG
10 % = UCA
10 % = Shane Resources
15 % = UCAD
10 % = CIM
05 % = SGGM
?? % = any other companies (we can only guess at this time)


///////////////


1. ----- KPG ----- Link on purchase of 10% interests in CMKX.

http://www.sedar.com/csfsprod/data40/filings/00577161/00000001/s%3A%5Crwalkerco%5CF53PINE.PDF


2. ----- UCA ----- Link on purchase of 10% interests in CMKX.

http://www.sedar.com/csfsprod/data40/filings/00577277/00000001/c%3A%5CF53carina.pdf


3. ----- Shane Resources ----- Link on purchase of 10% interests in CMKX.

http://www.sedar.com/csfsprod/data40/filings/00577152/00000001/s%3A%5Crwalkerco%5CF53SHANE.PDF


4. ----- UCAD ----- Link on purchase of 15% interests in CMKX.

http://biz.yahoo.com/bw/040718/185046_1.html


5. ----- CIM ----- Link on purchase of 10% interests in CMKX.

http://biz.yahoo.com/bw/040719/196042_1.html


6. ----- SGGM ----- Link on purchase of 5% interests in CMKX.

http://biz.yahoo.com/bw/040902/25192_1.html



///////////////


Eventually, 100% of the CMKX Mineral Rights will be transferred to other companies.

In exchange, CMKX will receive shares of stock from the purchasing company.

In return, CMKX will issue to all shareholders a Stock Dividend in those companies.

Everyone who owns shares in CMKX will have the same percentage ownership of the other companies.


///////////////


What will happen to CMKX?

CIM will purchase the remaining assets of CMKX.

CIM will offer a liquidating cash dividend to all CMKX Shareholders.

CMKX will be liquidated.
CMKX will no longer exist!

No more NSS problem with CMKX.







**************************** Section 11 ****************************



What will happen to all the companies who own the Mineral Rights?


So far we have in ownership:
10 % = KPG
10 % = UCA
10 % = Shane Resources
15 % = UCAD
10 % = CIM
05 % = SGGM
?? % = any other companies (we can only guess at this time)


///////////////


At some time in the future, look for a major merge of all the companies listed above.


///////////////


Since we were all issued specified percentage of stock dividends in the above companies, we will end up with a specified percentage of the merging company.







**************************** Section 12 ****************************



What has UC accomplished?


UC has straightened out the NSS problem of CMKX.

UC has successfully transferred the CMKX Mineral Rights into companies that the MM’s will not be able to manipulate.

Any MM manipulation or attempted NSS manipulation on the new companies will be monitored and addressed by each company immediately and respectfully.

The final Merging Company will be upgraded to a higher market board (AMEX sounds nice).







**********************************************************



Why did I write this?


Everything above is strictly IMO.
You can agree or disagree!
You are all entitled to your own opinion.

IMO – Remember that!

















Of course _ all is IMO

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up