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Post by bhollenegg on Nov 2, 2007 10:49:51 GMT -5
More PROOF that the naked shorts were corralled..."The Round-Up". Now we know what Roger Glenn did for CMKM Diamonds and the Bona Fide Stockholders... CMKM Diamonds Announces Dividend Stock Will Be Paid on Oct. 6, 2004.
LAS VEGAS -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced that the dividend of U.S. Canadian Minerals Inc. stock will be paid on Oct. 6, 2004, rather than today. "The delay was because of the enormous amount of administrative work that needs to be done by the transfer agents for both companies in order to make that distribution," said Urban Casavant, the company's chief executive officer. "We do not anticipate any further delays in paying the dividend." The record date for the dividend remains unchanged.
Rendall Williams, CEO of UCAD ,"Through the suggestion of management of CMKX and their corporate attorney, D. Roger Glenn, UCAD's management has agreed to issue additional shares for the round-up process for this distribution. UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution.[/b][/i]" Williams continued, "The relationship with CMKX shareholders is a welcome addition to our new family." Glenn said, "The company's accountants are working to complete the audit of the company's financial statements. When that has been accomplished, the company will be well on its way to becoming a reporting company again." [/color] www.thefreelibrary.com/CMKM+Diamonds+Announces+Dividend+Stock+Will+Be+Paid+on+Oct.+6%2c+2004.-a0122508077... and Mark Faulk called Roger Glenn a crook? The "Write" Hat versus The "White" Hat... Rollin' Rollin' Rollin', BHollenegg
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Post by bhollenegg on Nov 2, 2007 12:23:04 GMT -5
Amazing amount of contradiction with this, isn't there? Thanks Robert. I'm certain you'll be shredded for suggesting something nefarious is happening behind closed doors. But history provides a clear look in the rear-view mirror sometimes. pr Hello PR, When I first read the press release, I thought it was about rounding up shares that were fractions. After I read it again..."UCAD has agreed to issue additional shares so all CMKX shareholders can take part in this distribution." This is to ensure "ALL" shareholders to receive the distribution. Why spend the money for a lawyer and the expense of a press release to announce a round up of a fractional share that is worth pennies? The PR is saying that CMKM and Glenn suggested UCAD to issue additional shares and UCAD responded that they will so all shareholders can take part in the distribution. Take care, BHollenegg
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Post by bhollenegg on Nov 2, 2007 19:11:54 GMT -5
To all who believe I interpreted the Press Release wrong. I believe you are right. I did. In order to get 1 share of UCAD you would have to have 103950.104 shares of CMKX. The round-up would give any CMKX shareholders with less than 103950.104 at least 1 share of UCAD, which would allow "All" CMKX a distribution. Sorry...time out in the corner for me. Thank you.
Here is something to think about on CMKM value...
Interesting though... I did come across the initial Press Release when CMKM received their independent analysis of the Drill Samples…the Drill Samples CEO West flew up to look at and took pictures for experts to analyze. CEO West made a statement in a court document that Urban passed on to him (Kevin) that they did hit the diamond lode. Now back to the early Press Releases…Recall the company quickly released another PR stating only 2 micro diamonds were found in one of the Drill Samples …recall the missing tables in the report. Here is the initial Press Release before the corrected one. The company is “very excited“…I find it hard to believe they were “very excited” over 2 micro diamonds…also note there were several core samples that came back positive, not one... "that the core samples from the "Carolyn Pipe" has come back positive for diamond content". Wonder, what was in the missing Tables?
By the way, what did the experts say about the Drill Samples in the photos CEO Kevin West took? We need to find out...
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite. Business Editors LAS VEGAS--(BUSINESS WIRE)--June 10, 2004
CMKM Diamonds Inc. (Pink Sheets: CMKX) is very excited to announce that the "Carolyn Pipe" is confirmed to be diamondiferous.
Saskatchewan Research Council (SRC), an independent lab located in Saskatoon, Saskatchewan reported to the company today that the core samples from the "Carolyn Pipe" has come back positive for diamond content. The "Carolyn Pipe" is located on the jointly owned Smeaton property in Saskatchewan, Canada held by CMKM Diamonds Inc., being the primary operator of the claims, United Carina www.thefreelibrary.com/CMKM+Diamonds+Inc.+Announces+'Carolyn+Pipe'+Lab+Results+Confirm...-a0118011515
Thank you, BHollenegg
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