You ain't seen nothing yet! Yeah, a stock trading at .0001 worth $1.00, with a trillion shares naked short.
Someone should contact the Guinness World Records to confirm if this is the Naked Short record, imho!
Check the emperor's clothes. Don't look behind the curtain though... LOL.
Bless You Good Buddies!
ragingbull.lycos.com
By: surfit_with_clarity 26 May 2004, 05:57 AM EDT Msg. 60702 of 60706 Jump to msg. # CMKX@.0001 Worth 1.00 a Share. 1 Trillion Share Shorted
Explaination of CMKX 1 Trillion Share Naked Short below:
Breakdown of Naked Short:
NITE-300 Billion Jeff-250 Billion CRWN-175 Billion SCHB-125 Billion FRAN- 75 Billion BSIC- 60 Billion
All other MM's 1 Billion to 15 Billion
1 Trillion Shares Naked Short Will be "Covered" via the {Worlds Largest Short Squeeze} when the Company releases the Entire O/S to include shares retired/Bought Back recently and the "Public Float". This will take place very, very, very soon folks, dont sell yourself short by bailing early into the run...Remember theres atleast 1 Trillions shares of "Buying" volume that needs to go threw before short is covered and the "COVERING" Started yesterday with NITE on Bid all day.
Now comes the time to force the MMs to gather accountability for covering. Urban can do this by re-issuing CIM shares as a dividend to all current shareholders of CMKX shares to be effective by an execution date sometime in the near future. Maybe some date like 15 Jun or 30 June 04.
But first and at the same time, announce that CMKX has made a $1.00 per share tender offer to buy all shares of CMKX shareholder's shares to take the company private. They will be willing to do this because insiders own at least 85.7% of the OS so it would really be like buying out yourself or paying yourself. Going private along with re-issuing the CIM dividend will no doubt force the MMs to cover all naked shorted positions.
You can do a lot when you own billions of dollars in gold, platinum, uranium, kimberlite, and diamonds to say the least. Buying us out to go private at $1.00 per share still might be too low, but I'm sure many would appreciate such yet still.
Now after the announcement of taking CMKX private, CMKX will make the announcement that those who buy CMKX up to the new execution date will receive a 1,000 to 1 dividend of CIM shares to further compensate the value that the company has determined to award fair value to its shareholders.
That's right, CMKX will take back those already old CIM shares to give them in return the newly re-issued CIM shares with value unlike before. Others who never had any CIM shares would receive CIM shares under the same newly 1,000 to 1 ratio and investors will have up until the new execution date to buy to receive the newly re-issued CIM shares dividend.
They will also announce that CIM will apply for a new CUSIP# and ticker to submit application to trading on the NASDAQ National Market since they must trade with four symbols on the NASDAQ markets. They will announce that Qualifications are expected to be met by some future date maybe like 31 Jul or Aug 04 to submit application to the NASDAQ National Market. This means that CIM would trade at no lower than $5.00 per share.
The Look of the CIM Dividend We will guess and say that CMKX OS is 40 billion shares and the OS for CIM is to be 40 million shares.
CMKX OS ÷ CIM OS = Dividend Ratio 40,000,000,000 ÷ 40,000,000 = Dividend Ratio 1,000 = Dividend Ratio
With 1,000 to 1 Dividend of CIM shares this means you pay the following to get the end result listed below:
1,000 Shares of CMKX = .10 cents 1 Share of CIM = $5.00
So… 1,000 Shares of CMKX = 1 Share of CIM
Or to better review... .10 cents = $5.00
This is saying that for every .10 cents you spend, you will receive $5.00 back in return.
In Summary… ** If you bought 10,000,000 shares of CMKX at .0001 cent, it would cost you $1,000 total.
In return you would receive in CIM shares:
CMKX shares ÷ Dividend Ratio = Total shares of CIM 10,000,000 ÷ 1,000 = 10,000
This means that your total value in your brokerage account would be as below:
10,000,000 x .0001 = $1,000 for CMKX 10,000 x $5.00 = $50,000 for CIM
Again, not a merger, a dividend to where the shareholders get to keep their 10,000,000 shares of CMKX and receive their new 10,000 shares of CIM at the dividend rate of 1 CIM share for every 1,000 CMKX shares you have or buy before the execution date in the very near future. The total amount from the brokerage account would be $51,000 from your initial investment of $1,000 of CMKX shares, right?
Not so. Don't forget that your 10,000,000 million shares of CMKX will be given the tender offer of $1.00 per share so that would make that equate to:
$10,000,000 + $50,000 = $10,050,000 in total value
This is very powerful. CIM is used as the company for the dividend because CIM has claims to a huge zinc find that is valued at a tremendous amount. Urban wants to reward previous shareholders and current shareholders who had not the opportunity to become shareholders of CMKX by its first CIM date of execution. Because of such, he is re-issuing shares of CIM and using as the selected company to move to the NASDAQ.
Now get this, we are still not done with accessing value. Analyze what is transpiring to place actual value in CMKX to further entice investors to take a position in CMKX if what was discussed above was not enough.
To Determine a Minimum CMKX Valuation for the Tender Offer It has been now determined that we actually picked up two thirds of the piece of land that was originally thought to have been DeBeers and was that piece of land/kimberlite that Dr. Hutchison valued at $40 to $80 billion.
Let's take the low side to determine fundamental valuation. Two thirds of $40 billion is about $26 billion. I will use that amount x 2 as the amount as income because of what many will soon discover is that we have far more resources and locations that would allow that to be used as a minimum. This figure of $52 billion would definitely cover above and beyond any expenses. Again, I think such would be revealed soon to show how this figure is still being conservative.
From the above example we guesstimated that the OS for CMKX was no higher than 40 billion so we will us the same figure here. Please observe:
Income ÷ CMKX OS = EPS 52,000,000,000 ÷ 40,000,000,000 = EPS 1.30 = EPS
So giving the share holders a Tender Offer of $1.00 could be viewed as a conservative offer by Urban and CMKX, but yet still would be greatly appreciated.
** Now what if we really do have a huge abundance silver, zinc, gold, uranium, platinum, and diamonds to say the least?
** Now what if we do have 12 miles of kimberlite that was discovered from the aerial survey?
** Now what if they had billions of dollars of kimberlite alone that they use to re-mineralize and sell as soil?
** Now what if this is going to be the biggest margin call in the world?
** Now what if there really are lots of corporate investors that are about to join the party?
** Now what if our claims are now up to nearly 3 million acres in the FALC region?
BUT WITH ALL THIS INFO, WHY IS NITE ALL OVER THE BID IF THIS ISN'T TRUE !!!
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
- - - - - By: sprtcrdlui1 25 May 2004, 07:44 PM EDT Msg. 241061 of 241372 Jump to msg. # |