Owner
Post by Franko10 ™ on Dec 31, 2007 7:51:02 GMT -5
George Burns post with numbers breakdown
GeorgeBurns
Forum Moderator
Urban blows 4 million dollars on...
« Thread Started on Today at 8:50am »
Stop reading now if your stomach is sensitive.
*************************************
13,333,333,333 shares at .0003
That's right 13 billion shares at .0003.
Many more than many bought at that point.
Only 13 billion of the 700 billion+ OS.
Is my math right?
So ... lets say it is... and UC is actually spending 4 million dollars on auditing and lawyers and mahue and such.
Is it even a dent?
Is it even a dent in the amount of shares sold?
"In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit."
40 billion shares owned by himself? Apparently that many were not even issued to himself.... a value at .0003 of 12,000,000 do llars. Thats right... 12 million dollars.
How much has he spent on his house?
How much has he spent on filing?
How much has he spent on lawyers?
About the only thing we have going for us is Hagar?
Claims?
Many people talk about the amount Urban has spent trying to keep the company afloat.
I think we need to keep it in perspective.
I am truly starting to believe that Urban is blowing masses (masses meaning well under 20 billion shares) in order to appear as if he cares about his shareholders. In order to show a "full faith" effort toward filing. In order to show he is not just letting us go under.
However... what is happening?
We are going under.
The money is spent.
He "gave" an effort...
But how much of an effort did he give?
Not much when put into perspective.
I hope there is light at the end of this tunnel... but....
it looks like he is taking us all for a ride.
I hope I am wrong, I pray I am wrong.
I hope Maheu's paycheck was enough that he can live with himself.
I am disgusted with what I see at this point....
Urban spending pennies trying to save a company that made him millions.
Enjoy the house.
I believe the BS spending up to this point is looking like a disgorgment avoidance.
As long as it appears he is making a huge effort... he will walk away scott free.
Zestfully , Zestfully, Zestfully clean.
Your not fully clean unless your Zestfully clean.
Yet I still hope.
(tramp... your a nut... or I am a moron.)
GeorgeBurns
Forum Moderator
Urban blows 4 million dollars on...
« Thread Started on Today at 8:50am »
Stop reading now if your stomach is sensitive.
*************************************
13,333,333,333 shares at .0003
That's right 13 billion shares at .0003.
Many more than many bought at that point.
Only 13 billion of the 700 billion+ OS.
Is my math right?
So ... lets say it is... and UC is actually spending 4 million dollars on auditing and lawyers and mahue and such.
Is it even a dent?
Is it even a dent in the amount of shares sold?
"In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit."
40 billion shares owned by himself? Apparently that many were not even issued to himself.... a value at .0003 of 12,000,000 do llars. Thats right... 12 million dollars.
How much has he spent on his house?
How much has he spent on filing?
How much has he spent on lawyers?
About the only thing we have going for us is Hagar?
Claims?
Many people talk about the amount Urban has spent trying to keep the company afloat.
I think we need to keep it in perspective.
I am truly starting to believe that Urban is blowing masses (masses meaning well under 20 billion shares) in order to appear as if he cares about his shareholders. In order to show a "full faith" effort toward filing. In order to show he is not just letting us go under.
However... what is happening?
We are going under.
The money is spent.
He "gave" an effort...
But how much of an effort did he give?
Not much when put into perspective.
I hope there is light at the end of this tunnel... but....
it looks like he is taking us all for a ride.
I hope I am wrong, I pray I am wrong.
I hope Maheu's paycheck was enough that he can live with himself.
I am disgusted with what I see at this point....
Urban spending pennies trying to save a company that made him millions.
Enjoy the house.
I believe the BS spending up to this point is looking like a disgorgment avoidance.
As long as it appears he is making a huge effort... he will walk away scott free.
Zestfully , Zestfully, Zestfully clean.
Your not fully clean unless your Zestfully clean.
Yet I still hope.
(tramp... your a nut... or I am a moron.)
