CMIH ... POS pink starting a big time run ...
Some one has been accumulating massive amounts
of this stock, for a long time, and it is ripe for a run.....
.....
If you have mytrack, pull up "yesterdays log" and keep hitting "more log"...
you can go back in the transaction logs for 6 or 7 days....
Just look at all of the transactions that have taken place at the asking price...
....
Over 50 million shares were bought at the ask last Thursday and Friday alone...
....
On Wednesday May 9, 2001, CMIH hit an all time volume record of 41mm shares traded....
More at the ask than at the bid... = ( more buying than selling ) ...
....
Here's the share breakdown according to the CEO...
Message 15593917
900,000,000 authorized
650,000,000 issued
300,000,000 Owned by Ross Rojek
250,000,000 Free Trading Shares
135,000,000 owned by top 6 shareholders.
47,000,000 owned by 29 people
73% is owned by Friends of the Company.
27% is various holdings including FOC.
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More News Today....
biz.yahoo.com
Monday May 14, 11:41 am Eastern Time
Press Release
CMI Holdings Group Announces Pending Acquisition
SACRAMENTO, Calif.--(BUSINESS WIRE)--May 14, 2000--CMI Holdings Group, Inc.
(OTC-Pink Sheets: CMIH) is preparing to close the acquisition of a majority of the assets of an online
retailer that the Company feels will be a cornerstone in its rapid corporate growth. The closing is
expected to happen within the week, and CMI will take over ongoing operations immediately.
The acquisition is estimated to cost the company $140,000, and as a part of funding the transaction the
company has issued 33,888,888 shares. The new issuance reflects 4.78% of the shares of common
stock that will now be issued and outstanding. The funding agreement is not a convertible debenture and
the majority of the shares are being issued to an existing long-term shareholder.
The transaction is expected to positively affect the company's immediate and long-term outlook, and
brings several former and existing business relationships with it.
Other Recent Developments
CMI Holdings Group, Inc. is pleased to unveil the first of the wireless technology products they will be
distributing, Sonic2ners. This item, which is now beginning production, is anticipated to be the next
generation Walkman or the Walkman of the 21st Century. Sonic2ners is a worldwide patented,
self-contained FM Headphone unit that, by utilizing bone conductance technology, produces concert like
sound with the unique and revolutionary benefit that it does not cover or rest on the ears. Users get to
listen to their favorite music without the hassle of wires and without being excluded from sounds of the
outside world.
CMI Holdings Group, through its BTP Distribution Division, recently hired Sarah Rosenberg to develop
sales into specialty and consumer electronic stores. At this time, BTP fulfills for Vstore (hosting over
125,000 web sites), Amazon.com, Borders, Barnes & Noble, a multitude of web companies, several
hundred bricks and mortar customers, and libraries around the country.
CMI Holdings Group's CEO, Ross Rojek has done an interview with Market Marquee that is available at
marketmarquee.com .
The Private Securities Litigation Reform Act of 1995 provides a ``safe harbor'' for forward-looking statements. Certain
information included in this press release contains statements that are forward-looking, such as statements related to the future
anticipated direction of the high-technology industry, plans for future expansion, various business development activities,
planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking
information involves important risks and uncertainties that could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of CMI
Holdings Group, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion
activities, dependence on existing management, financing activities, and domestic and global economic conditions.
Contact:
CMI Holdings
Ross Rojek, 916/567-2490
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IMHO..... This is going to run because some one is getting ready for it to run.....
I own tons of this stock so don't take my word for it... Do your own DD...
fwiw :-) |
