Owner
Post by Franko10 ™ on Feb 7, 2005 7:50:13 GMT -5
Why I think there will be no R/S
Third, CMKI has been informed that majority shareholders plan on holding their shares in certificate form indefinitely if it helps the Company combat "naked short selling". Under a naked short sale, short positions are not declared, shares are not borrowed to cover the short sale, and the shares are sold without delivering the stock to the purchaser. Real shareholder ownership is undermined by naked short sales of stock and failed deliveries of real certificates that artificially inflate ownership and devalue the price of the securities.
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LAS VEGAS, Sep 30, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company is Retiring Six Billion Shares of CMKM Stock to the Treasury. This stock is being retired from corporate insiders. All certificates retired will be announced later this week.
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CMKI is also planning to retire more shares of CMKM stock and will announce the total amount retired and the certificates next week.
fbruhm.proboards3.com/index.cgi?board=CMKX&action=display&n=1&thread=4051
LAS VEGAS, Oct 10, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of 9,020,371,427 shares of CMKM stock. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury.
"We are moving closer to achieving our goal of drilling for diamonds and plan to retire another large block of CMKM shares within the next two weeks," stated Urban Casavant, President of Casavant Mining Kimberlite International.
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LAS VEGAS, Oct 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 4.4 billion shares for a total 13,420,371,427 shares of CMKM stock to date. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury. As soon as all dividend shares have been accounted for by the DTC from the CMKM stock split, the total amount of shares issued minus shares retired will be announced.
fbruhm.proboards3.com/index.cgi?board=CMKX&action=display&n=1&thread=4053
LAS VEGAS, Nov 6, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 6.7 billion shares for a total of over 20 Billion shares of CMKM stock to date. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury.
fbruhm.proboards3.com/index.cgi?board=CMKX&action=display&n=1&thread=4055
LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.
Urban Casavant, President of CMKM stated, "This is a huge step to create greater shareholder value by reducing the amount of shares issued of CMKM by over 16.5 billion shares. We also plan to retire more shares back to the treasury as soon as all necessary paper work is completed."
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LAS VEGAS, Jan 09, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of an additional 1.8 billion shares of CMKM stock. The company plans to retire these shares of stock back to the treasury to create greater shareholder value. The company also plans to wrap of negotiations of buy out of some mining claims and announce details of transaction by the end of the month.
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And then after that PR all went quiet as far as Retirement went,.. in fact this is around the same time the A/S was raised to 500 billion,… then again it was raised after Roger was announced to 800 billion,,… even though the company had stated all along their intention to retire all shares back to create share holder value.
LAS VEGAS, Dec 18, 2004 (BUSINESS WIRE) --
CMKM Diamonds, Inc. (Pink Sheets:CMKX) announced today that it has repurchased the 75 billion shares of the common stock stocks issued to Nevada Minerals, Inc. in July of 2004 to acquire mineral rights in Saskatchewan, Canada. The shares were restricted. The purchase price for the shares was $ 2.2 million, of which $2 million was in the form of a note payable in one year. "Being able to reacquire these shares for this price is a great opportunity for the Company," said Urban Casavant, the Company's CEO.
fbruhm.proboards3.com/index.cgi?board=CMKX&action=display&n=1&thread=4124
Now I have not worked out the actual numbers using these numbers and the 14-c numbers yet,.. But I am sure it is low if you do,…<br>
Tell me does this look like a company that needs to do a R/S? Forget about the trading volume from day-to-day and forget about the A/S increases and look at these PR’s..
Now you tell me, what do you think?
