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Post by soonerlew on May 21, 2009 17:22:48 GMT -5
ty single....
By: cartitas26 21 May 2009, 10:04 AM EDT Rating: Msg. 835216 of 835269
Message Center Client Services|Date: 05/17/09 ****** ********
Thank you for your inquiry regarding the security CMKM DIAMONDS INC. The determination of whether a stock is registered under the Securities Act of 1933 is made by the transfer agent for the company. When a stock is not registered under this act, there is a restrictive legend, or stamp, that is placed on the certificate. If there is not a restrictive legend on the certificate, the shares should be fully registered. For further inquiry, we do recommend contacting the transfer agent. Our records indicate that the transfer agent is:
PACIFIC STOCK TRANSFER COMPANY 500 E WARM SPRINGS STE# 240 LAS VEGAS NV 89119
Sincerely, Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
twobits10 Diamond Finder
Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #87 Today at 11:24am »
-------------------------------------------------------------------------------- Yes, but you must understand, Helen Bagley, 1st Global Transfer was sued by the SEC .......therefore, our certificates may not be up to the legal standard as stated by Ameritrade.........in fact, i do believe Helen Bagley neglected to stamp our certificates, as we all know, as of October 2005, CMKX was revoked, the certificate pull was after revocation...furtuermore, the Form 15 filing July 2003, unregistered all shares traded after that date....so, legally, our certificates cannot be of the "registered" kind, all things considered....that's part of the damages we're getting paid for is it not!
2 bits « Last Edit: Today at 11:28am by twobits10 »
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Post by soonerlew on May 21, 2009 17:26:01 GMT -5
By: snoopstock5 21 May 2009, 11:28 AM EDT Rating: Msg. 835224 of 835378 De Beers was attempting a secret takeover of the industrial diamond to read click the link..... ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=835224 By: mquietstorm3 21 May 2009, 11:33 AM EDT Rating: Msg. 835227 of 835378 (Reply to 835224 by snoopstock5) Jump to msg. # Snoop, Now correlate that with the surrounding land that CMKX owns and the dormant stagnated position that they took for years before a little prison guard surrounded them!
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Post by soonerlew on May 21, 2009 17:26:41 GMT -5
By: snoopstock5 21 May 2009, 12:01 PM EDT Rating: Msg. 835248 of 835384 Jump to msg. # I have never watched Blood Diamond, but I think I will. Gee didn't UC own claims in the Sierra Leone region of Africa? Why yes he did. It first started out as the White Swan. longggg.... click the link to read...... ragingbull.quote.com/mboard/viewreplies.cgi?board=CMKI&reply=835248
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Post by soonerlew on May 21, 2009 17:27:18 GMT -5
By: snoopstock5 21 May 2009, 12:09 PM EDT Rating: Msg. 835255 of 835385 (Reply to 835240 by mquietstorm3)
Jump to msg. # Not me MQ. I have always admired your post and Jays. They have taught me alot that I didn't know about. I am always open to learning that which I do not know already. In fact I have already KNOWN why they "lamblasted the Storm". I clearly indicate in my post my own opinion. I go by logic. If our lands are worth as much as everyone is say, why would they dump their shares in the open market? The 12/03 SHAREHOLDER LIST BY ACCOUNTS is a real eye opener. All people need to do is ADD.
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Post by soonerlew on May 21, 2009 17:27:43 GMT -5
By: mquietstorm3 21 May 2009, 12:19 PM EDT Rating: Msg. 835262 of 835385
Jump to msg. # I am very glad and excited to be a CMKX owner at this stage of the S CURVE! Everyone have a wonderful day and let your journey become part of what it takes to fulfill a destination that was filled with challenge after challenge!
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Post by skull on May 21, 2009 18:31:26 GMT -5
Apparantly these guys have something to do with the ownership of IHUB and would thus explain a lot of the basher controlled boards over there. VERY INTERESTING!!!!
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21053 / May 21, 2009 Securities and Exchange Commission v. Pawel P. Dynkowski, Matthew W. Brown, Jacob Canceli, Gerard J. D’Amaro, Joseph Mangiapane Jr., Nathan M. Michaud, Marc J. Riviello and Adam S. Rosengard, Civil Action No. 09-361 (D. Del.) (May 20, 2009) SEC Charges Eight Participants in Penny Stock Manipulation Ring The Securities and Exchange Commission (“Commission”) announced today that it filed a complaint in the United States District Court for the District of Delaware against Pawel P. Dynkowski, Matthew W. Brown, Jacob Canceli, Gerard J. D’Amaro, Joseph Mangiapane Jr., Nathan M. Michaud, Marc J. Riviello and Adam S. Rosengard. The complaint alleges that in 2006 and 2007, Dynkowski, a Polish citizen who resided in the U.S., engaged in market manipulation schemes with at least four separate stocks: GH3 International, Inc., Asia Global Holdings, Inc., Playstar Corp., and Xtreme Motorsports of California, Inc. As alleged in the complaint, Dynkowski’s co-defendants each participated in one or more of these schemes, which together generated more than $6.2 million in illicit profits.
The SEC’s complaint alleges that these fraudulent schemes generally followed the same pattern: Dynkowski and his accomplices agreed to sell large blocks of shares for penny stock companies in exchange for a portion of the proceeds. The companies put these shares in nominee accounts that Dynkowski and his accomplices controlled. The defendants pumped the market price of the stocks using wash sales, matched orders and other manipulative trading, often timed to coincide with false or touting press releases by the companies, to give the market the false impression that there was real demand for these stocks. After artificially inflating the market price of the stocks, Dynkowski and his accomplices then dumped the shares obtained from the issuers and divided the illicit proceeds.
The SEC’s complaint further alleges that:
The pump-and-dump scheme involving GH3 International, Inc. stock occurred between October and December 2006. Dynkowski orchestrated this fraud with Matthew W. Brown, who operates a penny stock website called InvestorsHub.com. Brown introduced Dynkowski to a representative of GH3 and to Jacob Canceli, a penny stock promoter who participated in the scheme. Brown acted as a liaison between Dynkowski, Canceli and the issuer. Dynkowski and his associates used wash sales, matched orders, and other manipulative trading, timed to coincide with false, misleading and touting press releases by the company, to inflate the price of GH3 stock. Canceli provided the accounts from which Dynkowski subsequently sold purportedly unrestricted shares received from the issuer. The scheme culminated in mid-December 2006, with Dynkowski dumping 312 million shares of GH3 stock for total illicit proceeds of $747,609. Brown planned the Asia Global pump-and-dump scheme with Joseph Mangiapane Jr. and Marc J. Riviello, who were both registered representatives at a small broker-dealer in California. Dynkowski and Nathan M. Michaud, who met through InvestorsHub.com, pumped the price of Asia Global stock using wash sales, matched orders and other manipulative trading, coordinated with false, misleading, and touting press releases by the company. The scheme occurred in three cycles: August-September 2006, November-December 2006, and January-February 2007. After manipulating the price of stock, Dynkowski, Brown, Mangiapane and Riviello dumped more than 54 million shares that had been improperly registered on SEC Form S-8 and held in nominee accounts. The illicit proceeds from this scheme totaled at least $4,050,529. Dynkowski and Gerard J. D’Amaro carried out the Playstar pump-and-dump scheme. The two of them met through InvestorsHub.com. D’Amaro acted as the liaison with the issuer as well as the nominee account holder for the purportedly unrestricted shares received from the company. In this scheme, which occurred during October and November 2006, Dynkowski pumped Playstar’s stock through wash sales, matched orders and other manipulative trading. Dynkowski and D’Amaro sold 11.5 million shares for total illicit proceeds of $1,180,294. Dynkowski and an accomplice carried out the Xtreme Motorsports pump-and-dump scheme. The two of them, who met through InvestorsHub.com, pumped Xtreme Motorsports stock through wash sales, matched orders and other manipulative trading during January and February 2007. Dynkowski’s friend, Adam S. Rosengard, served as the nominee account holder who facilitated the dump of 13 million purportedly unrestricted shares of Xtreme Motorsports stock. After pumping the stock, Dynkowski sold the shares from Rosengard’s account generating illicit proceeds of $257,646. The SEC’s complaint alleges that Dynkowski and Brown violated Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 (“Securities Act”), Sections 10(b) and 13(d) of the Securities Exchange Act of 1934 (“Exchange Act”), and Rules 10b-5, 13d-1 and 13d-2 thereunder; that Canceli, D’Amaro, Mangiapane, and Riviello violated Sections 5(a), 5(c), and 17(a) of the Securities Act, Section 10(b) of the Exchange Act, and Rule 10b-5; that Michaud violated Section 17(a) of the Securities Act, Section 10(b) of the Exchange Act, and Rule 10b-5; and that Rosengard violated Sections 5(a) and 5(c) of the Securities Act. The complaint seeks against each defendant a permanent injunction against future violations, disgorgement of ill-gotten gains with prejudgment interest, and civil monetary penalties, and, as to certain defendants, orders barring them from participating in penny stock offerings.
The U.S. Attorney’s Office for the District of Delaware also announced today felony criminal charges against Dynkowski, Brown, Canceli, D’Amaro, Mangiapane, and Riviello.
The SEC thanks the U.S. Attorney’s Office for the District of Delaware; the Department of Homeland Security, Immigration and Customs Enforcement; the Internal Revenue Service – Criminal Investigations; and the Delaware State Police for their assistance in this matter.
The SEC’s investigation is continuing.
SEC Complaint in this matter
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Post by soonerlew on May 22, 2009 17:10:24 GMT -5
ty mgl...
By: mquietstorm3 21 May 2009, 06:59 PM EDT Msg. 835410 of 835551 Jump to msg. #
" ONE OF THE GREATEST DISCOVERIES OF ALL TIME IS HAPPENING RIGHT BEFORE OUR EYES " It will never be able to be explain to the common man. The totality of the system rest on its ability to come out unscaved and yet do the right thing. No need to go hunting for a lawyer after the correction because he will never be able to bring judgement against the system. They would swallow him and whatever proceeds that you have. The only solace and comfort that you will have is that you were in the right place at the right time in history; That is going to be hard for some to swallow and some may attempt to come up with other procedures to bring it to the forefront. Don't let your years waste away going against a GIANT that behind close doors you brought them to their knees. Just enjoy the moment and the proceeds with your family and friends and let what ever good works that the proeeds have allowed you to do, be your saving grace towards mankind!
Enjoy your evening!
STORM - - - - -
By: carquest44 22 May 2009, 11:17 AM EDT Msg. 835531 of 835551 (Reply to 835410 by mquietstorm3) Jump to msg. #
mq, I always read your posts and have noticed that your posting style has changed recently. The wording is more exact and to the point. Lilfellas must be having a real problem with that. Your statement and i quote "POWER OF THE PEOPLE LIE IN ITS LAND OWNERSHIP AND EVERYTHING THAT IS ON IT" is spot on imo. Keep them coming. PATIENCE WILL PREVAIL. Have a great day all.
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Post by skull on May 23, 2009 10:30:58 GMT -5
Everyone should take very careful note of the following post and note that these lower level crooks have already named the higher ups involved. It is about to start to get real!!!!
This is what will happen next:
With the recent events of a group of people being arrested for pumping/dumping stocks expect many more to be named.
I have read where people are saying how come they can nail these guys but not Urban. Well if anyone understands how they find crooks they have to start with the low man on the totem pole. These guys will be turning on the next guy above them and below them. These guys will be naming the companies and the insiders of those companies that gave them shares to pump and dump. These guys will be naming the brokers that they were able to facilitate their illegal activity to the unsuspecting investor.
These guys will also be naming other people that helped them thru various chat boards. Go back 4-5 years with regards to CMKM will they be naming some people that were on ProBoards66, Ragingbull certain Yahoo chatrooms?
Hmmmmmmm. Who are some of the biggest pumpers of CMKM back in those days and where are they today?
So for all you knuckleheads one more time this is how it works.
You start with the crackhead, the crackhead leads you to his supplier, the supplier leads you to his source, the source leads you to his source and eventually you get to the top.
These guys are the crackheads.
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Post by chas5678 on May 24, 2009 11:48:24 GMT -5
Hey Skull
I don't know if I am reading you wrong or not. But , I think you are wrong in using CMKX in your analogy. You see Urban is a good guy and those who bought and held CMKX are going to be HUGE winners.
URBAN trapped the Crooks working the system and the crooked System itself.
But I do agree that the crackheads who just got busted will be singing and telling authorities who the Hedge funds and market Makers are who were naked shorting these penny stocks.
Actually the Authorities already know who the upper level crooks are for a few years now and that is why we are seeing all the Hedge funds going out of business and rules and regulation changes.
I do agree many more names of people who were indicted are going to be released and I guarantee you Urban Casavant will NEVER be one of them . It is because of Urban and the white knights , that the system will have a chance to work freely once again when all is said and done.
JMHO Chas5678
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Post by soonerlew on May 26, 2009 8:47:30 GMT -5
ty single.... snifferpup God of Diamonds Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #133 Yesterday at 11:11am » Richey MP-3 CMKX Information Room5-25-2009~[/b] www.zshare.net/audio/604982247a7a9ff6/[/quote] ty seagull.... Short recap from Richy's mp3 ... update from his contacts in Timmonswww.zshare.net/audio/604982247a7a9ff6/ Stay grounded... money is not in our hands... sooo... Richy went to see Timmons contact to see if he had talked to the Toronto person. Behind the scenes CMKM is a real pain in the butt for the bad guys. CMKM Diamonds is a very small part of all this whole huge thing going on ...but huge in the problems they are causing ... they have to get us out of their way before they can move forward... they want to and have to get rid of us... they want to and have to get rid of us... We are in the way and they can't go around us... They feel the payment might be all at once... but if they do bring out a 2cent payout from the SEC it would be just like opening a valve in the dam... just cracking it open... would just start the flow...and it would just flood out all at once... it can't stay there... it all has to come out Nothing more can happen with us in the way. They have to clean CMKM Diamonds up ... this is what they are seeing ... and hearing... We are putting huge pressure on the bad guys... they are still claiming May is the month... something is happening by month's end... we are putting huge pressure for the big guys... They are still claiming May is the month .. because something is going on by month's end and this has to be cleaned up They are saying the SEC cannot cover their butts... They hate us... Money is definitely moving ... not saying for cmkm... but it is moving... They are really expecting lots this week... Behind the scenes this is so huge... This is the best update he has had... now they are referring to cmkm diamonds whereas before they were referring to NSS naked shorts... now they are using our name ... the trusts are huge... not saying it is all ours... but they are huge! They feel our getting paid will help the economy just for the taxes that will be paid. If they get word this week, they will let us know...but they want someone like Acca or Clark or someone else to tell us... because they have done a lot of work and deserve that... They will know anyway.
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Post by soonerlew on May 26, 2009 8:48:16 GMT -5
ty seagull.... By: ocd You guys may want to watch this trailer from Susan Trimbath about a new movie she's involved in about naked shorting. I think you're gonna like her attitude...oh and btw, she's in Omaha, NE, right near Buffett. stockshockmovie.com/If that doesn't work then go to her site and look for the link on the right side of the page.
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Post by soonerlew on May 26, 2009 8:48:46 GMT -5
ty seagull...
By: ocd
You know that song and dance we keep hearing about "we're in good hands"? Well, I just saw the client list for Susan Trimbath, and if she is working with us, then WOW! Look at her client list...
Representative Client List
Public Companies
Overstock.com, Inc. CBS News (60 Minutes) Circle Group Holdings, Inc.
Private Corporations
Venable, LLC Christian, Smith and Jewell, LLC..............................ever heard of them? O'Quinn, Laminack & Pirtle......................................ever heard of them? Hodges and Associates..........................................ever heard of them? Olde Monmouth Stock Transfer, Co., Inc. Entwistle & Cappucci LLP OhTech Development Corp. Financial Markets World, Inc. Frizzell Law Firm...............................................who? Mawardy Corporation Asset Recovery Group, Inc. Vistage International, Inc.
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Post by soonerlew on May 26, 2009 8:49:26 GMT -5
ty single.... grkgambler DIAMOND DIGGER Re: Other Gossip, etc..5/25/09-> « Reply #5 Yesterday at 2:16pm » -------------------------------------------------------------------------------- www.stpadvisors.com/I noticed all the "pyramids" at the top of her web page! hmmmm pennypauly Mini Mod Re: Other Gossip, etc..5/25/09-> « Reply #6 Yesterday at 4:03pm » -------------------------------------------------------------------------------- here is a quote from the home page STP Advisory Services, LLC provides independent research and consulting in finance and economics. Our research provides answers you can use today, this week and next month. We customize reports you can use for decision making and client building. Contact us today to arrange a review of your needs for economic or financial analysis, advice on operating efficiently, and capital market strategies. Let STP Advisory Services create your “Dream Team” today! It does not say soon... How come we do not have any answers reg. her Audit of shares? Will she talk to us or do we have to go through M.F. does anyone know ? www.stpadvisors.com/aboutus.html
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Post by soonerlew on May 26, 2009 8:49:56 GMT -5
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Post by soonerlew on May 26, 2009 8:50:18 GMT -5
ty single... cmkxtoo DIAMOND DIGGER Sammy Hagar « Thread Started Today at 5:05am » -------------------------------------------------------------------------------- Sammy Hagar on twitter,remember him at the races ? twitter.com/Sammy_Hagartoo
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Post by soonerlew on May 26, 2009 8:50:39 GMT -5
By: tuscan9 26 May 2009, 01:41 AM EDT Rating: Msg. 836504 of 836538
Jump to msg. # Bank of England is busy../
Bank of New York is busy...../
Has the 'Shift' occurred?...../
Transition in place...?...../
and there is a TIME for Everything ~
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Post by soonerlew on May 26, 2009 8:51:26 GMT -5
Posted by: IQ1 Date: Tuesday, May 26, 2009 7:56:58 AM In reply to: CHUNKY44 who wrote msg# 272187 Post # of 272193
Don't believe for a moment that nite made only $8/day on trading. These guys are trouble who do you think was doing most of the trades with CMKX. NITE gets 2% of all the trades. So if you take 2% of $250,000,000
Its very likely they made $5,000,000 from CMKX trades alone!
Thats a ton of money.
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Post by soonerlew on May 26, 2009 8:51:55 GMT -5
Posted by: makecents Date: Tuesday, May 26, 2009 7:56:38 AM In reply to: None Post # of 272193
Someone please tell the SEC to solve the CMKX problem first.Get our money back and than go take care of this new one. Is that asking to much?
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Post by soonerlew on May 26, 2009 15:35:10 GMT -5
ty single...
eureka1968 DIAMOND JEDI MASTER Re: Other Gossip, etc..5/25/09-> « Reply #19 Today at 8:54am »
-------------------------------------------------------------------------------- At some point one of these rumors has to come true. We are well beyond the point of no return. I could care less about dates, All I know is this is like a runaway frieght train and no one can stop it. Never before has a company pulled of a successful Cert pull like CMKX has. No other company has ever had a unified group of shareholders like this, relentlessly pushing forward for the same goal.
With all the corruption amongst the SEC and Financial Industry as a whole, running a scam market where shares of securities are counterfeited even Treasuries and NYSE stocks, Do you actually believe that All can be told? Its a disgrace to the U.S. Financial system what has taken place. Not only for CMKX, the largest Naked Shorted stock in history, the highest volume of trading in one day then any other stock in history but for many other companies out there including NYSE listed stocks and even Treasuries.
They have to get us out of the way. They have no choice, especially with all the noise that dedicated shareholders are making, they know who they are. CMKX is blown wide open at this point and something has to give. Forget the dates, take in all info and digest it. Just Love the fact that you hold a winning lottery ticket and the best of the best professionals have been working on your behalf for the last 4 years. Stop the crying and the belly aching it will happen when it happens. Stop getting hung up on dates and you will appreciate more what is being said. Disregard the dates entirely and you wont be let down. There are evil forces out there that dont want us paid so things must be secretive and dates can never be accurate until the day we are paid.
Naked Short damages are the smallest part of the payoff that we will get from this company. IMO the big money will come after the damages are paid out.
Ciao
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Post by skull on May 27, 2009 10:45:07 GMT -5
USCN formrly UCAN has emerged from reversed splits and delisting to go from .06cents last week Friday to .90cents today. Check out the news today.. US Canadian Minerals Inc. Introduces the COD Mine, Mercator's Proximity and NI 43-101 Schedule May 27, 2009 11:11:00 AM Copyright Business Wire 2009 Email Story Discuss on ZenoBank View Additional ProfilesLAS VEGAS--(BUSINESS WIRE)-- US Canadian Minerals Inc. (OTCBB:USCN), a U.S. based junior mineral exploration company would like to introduce COD Mine asset, Mercator Minerals proximity to the COD asset and the release schedule of the NI 43-101. COD Mine, Kingman AZ COD Mine includes 13 claims totalling 260 acres in Kingman AZ. Worked since the 1880's and last operated in the 1980's the mine has some 1.2 M tons of proven, probable and possible blocked out resources (engineering reports dated 1970). This would bring an estimation totalling $450M USD of in ground resources (Not NI 43-101 compliant, report completed in 1980) and at today's prices. In addition there are some 42,000 tons of above ground resources. The mine has a 700 ft deep shaft and some 1700 ft of tunnels. An extensive chip sampling with assays and extensive maps from the previous operator are available at www.uscanadianmin.com/Arizona.htm. The COD mine is a silver-gold mine with significant lead and zinc grades. The gold grade ranges from 5 to 7 grams per ton and the silver grade ranges from 8 to 18 ounces per ton. The lead and zinc average grades are approximately 3%. Previous estimations of $450M USD (Not NI 43-101 compliant) are based upon 9 previous geological and engineering studies and speak only to the ore blocks encountered in the underground workings consisting of the COD vein. The underground workings could be significantly expanded on the 6 other veins and the 260 acres controlled and unexplored. There are possibilities copper and moly is in the lower portions of these formations similar to what is found in neighbouring properties. USCN would like to announce that a NI 43-101 compliant report on the COD Mine is near completion and results are anticipated within the next week. A drilling program on the above ground assets and extensive geology studies have been completed for this report and will be included in the results. We have posted some photos on our website at www.uscanadianmin.com/press.htm of the above ground drilling program. USCN's plans for the COD asset are as follows; prove up the resources into reserves with the 43-101 on the mine and above ground assets; Continue with further exploration through geomagnetic survey and a drilling program; and possibly process above ground assets in near term. Definition of National Instrument 43-101 - is a mineral resource classification scheme used for the public disclosure of information relating to mineral properties. The NI is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators. Management would also like to bring to the attention of shareholders the proximity of the COD claims to the operations of Mercator Minerals Mineral Park Project. Mercator (ML:TSX) is a direct neighbour and has some workings on the same vein system that lies within USCN's COD claims. Mercator Minerals Ltd. Mercator Minerals Ltd is a TSX (ML:TSX) listed mining company with an experienced management team that has recently brought production and expansion to a mill at their Mineral Park Mine. This is one of the largest and most modern copper-moly-silver mining-milling operations in North America as stated by Mercator. Mercator's open pit operation is located approximately 1500 meters from COD claims. A lower elevated copper deposit is being exploited and had been shipping approximately 1M lbs of copper per month plus significant silver and some gold. It is possible this same copper Moly deposit lies below our claims on the COD at depth, but will need exploration in the future. Mercator has closed $50+ million in bought financings in the past 6 months according to their public filings. Proven and Probable reserves of $4.75 billion (Mercator Minerals Current Reserves Report - March 9, 2009) Mercator Minerals website: www.mercatorminerals.com. We have posted a proximity map of Mercator Minerals operations with COD Mine Claims at www.uscanadianmin.com/images/COD-Mercator%20Map.pdf
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Post by skull on May 27, 2009 12:16:10 GMT -5
Sound familiar anyone? LOL!!
SEC sues O.C. lawyers in ‘pump-and-dump’ May 5th, 2009, UPDATED 3:20 p.m.
The Securities and Exchange Commission charged three Orange County residents — including two attorneys — with securities fraud today for allegedly aiding a “pump-and-dump” scheme .
The SEC alleged that Costa Mesa attorneys Albert J. Rasch Jr. and Kathleen R. Novinger, together with Sandra B. Masino of 144 Opinions Inc., issued fraudulent legal opinions.
Rasch and Masino did not return phone calls seeking comment. Novinger is an associate in Rasch’s law office.
Mobile Ready Entertainment Corp. of Alpharetta, Georgia, used the opinions to sell 22 million shares of restricted stock held by insiders to the public, the SEC alleged.
Mobile Ready was issuing phony press releases (the “pump”) at the same time that insiders were selling huge volumes of stock (the “dump”), the SEC said. The SEC separately sued Mobile Ready and its two top executives in July 2008. That lawsuit is pending.
The SEC’s Rule 144 bars the sale of restricted stock to the public unless several conditions are met. Typically insiders must hold the stock for a year, and key information about the company must be available to the public.
The SEC alleges that Masino and Rasch operated a “legal opinion mill.” Masino, who is not an attorney, would write form letters saying that a company had met the conditions under Rule 144 to sell restricted stock. Rasch or Novinger would then sign the letters, the SEC said.
Masino charged her clients, the owners of restricted stock, $295 per letter, the SEC said. The Rasch law firm got $45 of that.
During 2007, they prepared 933 such letters, the SEC said. That works out to about $275,000.
The rewards for the recipients were considerably higher. Mobile Ready co-chief executives Michael H. Magolnick and Craig A. Mora got letters authorizing them to sell more than 2 million restricted shares each. Each man netted $70,000.
In fact, the SEC said, the Mobile Ready stock did not qualify for sale to the public. Insiders had held it for only a few months, not the required year. And no financial data was available to investors when they sold it, although the letters signed by Rasch cited non-existent data on EDGAR, the SEC’s online database of corporate filings.
The SEC is demanding return of Rasch and Masino’s ”ill-gotten gains” as well as a court order against Rasch, Novinger and Masino barring them from participating in any penny-stock offering.
To read the SEC news release, CLICK HERE.
To read the lawsuit (34 pages), CLICK HERE.
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Post by soonerlew on May 27, 2009 18:16:11 GMT -5
ty single...
By: cage228 26 May 2009, 02:42 PM EDT Rating: Msg. 38554 of 38559
Jump to msg. # IMHO this ucad .68 350k vol. thing runs much deeper than the pr. Rev-splits to a thin 10 mill os and a jump to bb??? Dead companys without a good plan don't do this. A month ago it was for all intents and purposes a dead naked shorted shell of no value. Now it appears coming alive and very well. Will value be next?? Can't help to think of the party when ucad and cmkx appeared joined at the hip. Events and companys once related appear to be unfolding rapidly. I hope Cmkx yet unseen is coming down the tracks like a frieght train as I type. GLTA!
By: Bellingus 26 May 2009, 06:26 PM EDT Rating: Msg. 38555 of 38559 (Reply to 38554 by cage228)
Jump to msg. # "... for all intents and purposes a dead naked shorted shell of no value."
You gotta ask yourself, why o why would this thing be running now, and at a higher multiple than before...
LOL
By: cage228 27 May 2009, 12:11 AM EDT Rating: Msg. 38557 of 38559 (Reply to 38555 by Bellingus) Jump to msg. # Covering? Impressive value yet to be announced? The conglomerate puzzle pieces (including cmkx) are all in the same box now and will soon be taking shape? I honestly don't know Bellingus. But I have a real good feeling that its good. Thx for the reply and Glty & All of us.
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Post by soonerlew on May 27, 2009 18:16:34 GMT -5
By: klonopin2mg 26 May 2009, 11:59 AM EDT Rating: Msg. 38550 of 38559 fwiw... Check this out: www.stpadvisors.com/aboutus.html a few associated names: Frizzell Law Firm Asset Recovery Group, Inc. Susan Trimbath Overstock.com, Inc. 60 Minutes (CBS) O'Quinn, Laminack & Pirtle Hodges and Associates a lot of "TALK"!
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Post by soonerlew on May 27, 2009 18:18:01 GMT -5
Diamond Wiz (Moderator) Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #49 Today at 11:23am » -------------------------------------------------------------------------------- besides the "COINCIDENCES" stated by posters below...... anddddd..... Oshins has BIG news coming .... ?? anddddd US Canadian minerals has big news coming from things happening behind closed doors?? andddddd CMKX sits stagnant ?? Go figure.....Today at 12:24am, happytrails wrote:Kinda funny, Shore Gold (shgdf.pk) closed Tuesday at 0.5317. It does bring back some of them old .54 memories. smeagle DIAMOND JEDI Re: OT: The Infamous .54? « Reply #3 Today at 7:01am » So Shore Gold closed at 0.5317 and USCN closes at 0.54 and Citi DR divi is $.53125. Interesting? yes, but unless this is the biggest hidden agenda ever, then I won't believe it till I see it in a check. IMO good question....There are three possibilities here. Either CMKX is connected to all the .54's, someone is really messing with us or this is one of the biggest coincidences ever when there are supposed to be no coincidences. Now which is it? cmkxunofficial.proboards.com/index.cgi?board=mofo&action=display&thread=3616&page=4
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Post by soonerlew on May 27, 2009 18:20:39 GMT -5
By: newtopennies 27 May 2009, 10:52 AM EDT Rating: Msg. 836946 of 837000 (Reply to 836945 by jboydwv)
Jump to msg. # JBOY...I believe all the people that helped CMKX remain viable will have left their imprint on our future. They may not want to talk about it, or cannot talk about it, or they have passed, yet their efforts will remain. My opinion. Thanx. eom.
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Post by soonerlew on May 27, 2009 18:22:28 GMT -5
ty single...
By: gusjarvis 27 May 2009, 01:13 PM EDT Rating: Msg. 836989 of 837002
Jump to msg. # collusion against us
What I specifically remembered today was a phone call one day from a very upset Roger Glenn (I think it was Summer/04 time frame) over something I had said which had made it’s way to the message boards and forums. I cannot recall what it was that Glenn was upset with me over. However, I remember he said he was calling me because Leslie Hakala’s office had phoned him. Glenn told me he was working very hard on getting CMKX reporting again and my comments did not help matters. I immediately called Urban and asked him what the heck was going on with Glenn and that I did not appreciate his phone call and his tone toward me. Urban said to not worry about it and he would discuss with Glenn.
Wish I could remember what he was upset over..perhaps it will come to me later.
The significance though is the clear fact the SEC was VERY aware of many aspects of CMKX at the time, ie mid 2004, but took no action at that time to visibly protect shareholder interests or future potential shareholders from investing.
Very strange unless one accepts it is all part of the SCRIPT?
I think so folks.
Oaks (aimho)
I could not believe he stated this - WOW !
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Post by soonerlew on May 27, 2009 18:24:25 GMT -5
snifferpup God of Diamonds Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #53 Today at 11:43am » -------------------------------------------------------------------------------- The biggest believer in the boardroom of Great Western Diamonds is Wayne Schigol. The operator of Great Grey Outfitters holds just less than one millionLONG LIVE THE MONSTER!!!
Got CMKX? We DO! The Monster Blog...revocation.blogspot.com/2007_04_06_archive.htmlcmkxunofficial.proboards.com/inde....ead=3616&page=4
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Post by soonerlew on May 27, 2009 18:25:50 GMT -5
By: elvis-is-here 27 May 2009, 01:26 PM EDT Rating: Msg. 836996 of 837005 (Reply to 836994 by aladin99)
Jump to msg. # aladin99 do you think CMKM has oil?
By: aladin99 27 May 2009, 01:28 PM EDT Rating: Msg. 836998 of 837005 (Reply to 836996 by elvis-is-here)
Jump to msg. # Elvis - OIL is a must!!!!!!!
CMKM must have oil and we will be fine....and that's why it takes so long for things to work out!!!!!!!!!!
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Post by soonerlew on May 27, 2009 18:27:41 GMT -5
snifferpup God of Diamonds Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #55 Today at 1:57pm » ____________________________________________________ Today I did an interview with Timothy Sykes of TimothySykes.com.
Tim specials in shorting penny stocks. He looks for stocks that are promoted by penny stock promoters and then shorts them. You know pump and dumps where the insiders and their cronies push a stock up that is full of hot air. And he talks about USCNClick play on the player below to listen to the interview:www.wallstreetwindow.com/content/node/10385cmkxunofficial.proboards.com/inde....ead=3616&page=4
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Post by soonerlew on May 27, 2009 18:30:28 GMT -5
snifferpup God of Diamonds Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #55 Today at 1:57pm » ____________________________________________________ Today I did an interview with Timothy Sykes of TimothySykes.com.
Tim specials in shorting penny stocks. He looks for stocks that are promoted by penny stock promoters and then shorts them. You know pump and dumps where the insiders and their cronies push a stock up that is full of hot air. And he talks about USCNClick play on the player below to listen to the interview:www.wallstreetwindow.com/content/node/10385cmkxunofficial.proboards.com/inde....ead=3616&page=4 Mona Lisa Smiles DIAMOND JEDI MASTER Re: OT? US Canadian Minerals NEWS « Reply #65 Today at 2:45pm » -------------------------------------------------------------------------------- grnfrst: LISTEN TO THIS SHORTSELLER INSTRUCTOR - 3/4 WAY THRU CLIP HE MENTIONS USCN - MIKE SWANSON TRADER INTERVIEWING THIS SHORTER - HE IS IMPLYING USCN IS BEING PUMPED ! www.wallstreetwindow.com/content/node/10385 !
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