Written by: Coreton Posted here 07.28.04

I will try to Explain the actions of JEFF this past few weeks and the connections it will have to the OS, UCAD, Nevada Minerals and CMKX.

First of all there are a few things you must Know or have a good Idea about.

  1. Nevada Minerals Held 66% of UCAD on 7/17/2004 (Fact)

  2. UCAD had 8.5m shares in the float (Fact)

  3. Urban Casavant and or friends held the entire OS Plus some shorted shares (I will use 300billion as the Number of shorted shares) (speculation)

  4. Nevada Minerals will hold 75 billion shares of CMKX (fact)

  5. the Public Float for CMKX will be 40b (speculation)

  6. Urban will hold 120b CMKX (speculation)

Now with these things in mind, lets see how they fit together.

The following will be what I SPECULATE may be or could happen.

To explain JEFF and his actions of late we must speculate that UC had in his possession 300b or more of the short issue. This gave Urban some pretty good leverage. I believe that Urban, at some point, sold 200b shares of CMKX to Nevada Minerals for $20m. As part of the agreement Nevada Minerals agreed to sell the shares back to UC at no more than .0004 depending on the pps at the time of buyback. Part of the agreement also gave Urban the exclusive Voting rights to those 200b shares (Proxy). I believe that this is when the AS was raised to 500b.

I think that D. Roger Glenn and E&A were then hired to help Urban Move the 200b from Nevada Minerals and the 300b shorted shares in a manner that would do the least amount of harm to the company and CMKX shareholders.

UC through E&A comes to an agreement with the DTC, SEC and MMs for the MMs to purchase back the 300b shorted shares he holds @.0004. He then Buys back the 200b shares from Nevada Minerals at .0004. Then he retires 160b shares and gives the remaining 40b to the MMs to use to cover what is left of the Shorted issues. All these transactions needed to go through the open market for accountability reasons.

Now a little math here to see how dividends and Racing could be paid for without UC spending a dime.

First the original 200b shares he gave Nevada Minerals for $20million

Then he sold back the 300b shorted shares he bought at .0001 for .0004 a profit of $90 million

Now he buys back the 200 billion from Nevada Minerals at .0004 $80million

That's a net profit of $30million for CMKX and a net Profit for Nevada Minerals of $60 million both of which are non reporting. one is a pink sheet and the other is a Private company. Both are now on the Funny car.

Now then, Lets work on the Share structure. First lets look at Nevada minerals and UCAD.

On 7/17/2004 Nevada Minerals Owned 66% of UCAD I estimate that Nevada minerals held 17 million shares of UCAD with a float of 8.5 million.

On 7/19/2004 UCAD Issued 7.5 million shares to CMKX. Now Nevada Minerals holds only 51.5% but still controlling interest.

Now some speculation based on my own DD on UCAD.

UCAD is in the process of moving to a bigger board and will need to increase their Float to be liquid enough to trade freely. I believe that a forward split of 3-1 will be needed. this will make the float+shares issued to CMKX 48million and Nevada minerals holdings 51 million the AS for UCAD is 100million so as you can see this would only leave 1 million of the AS.

After the 3-1 forward split (which I believe will happen before the August 20th div date) CMKX will now hold 22.5m shares of UCAD for Div . as stated in one of the latest PRs, "Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend." ( I believe that this is all inclusive) Urban has taken his shares completely out of the picture for the purposes of computing any and all Dividends.

Now we know that Nevada Minerals is going to get 75 billion shares And I believe based on the Number of CIM/CMI shares that are being pledged that our Float will be 40billion so for Urban to hold the company he would have to have more than 115billion shares.

Now with the shares eligible for the dividend at 115 billion and using 22.5 million dividend shares you get 195 shares per Million CMKX. now 75b shares of CMKX held by Nevada Minerals x 195per 1 million CMKX comes to 14.6 million shares add that to the 51 million currently held by Nevada Minerals and they now have 65.6 million shares. WOW is that not where they started with the remaining 1 million of the AS that was not issued that gives Nevada Minerals back their 66% ownership in UCAD but now they have 5 to 15% joint ownership of all of CMKX Claims. that means that UCAD increased their position in the mining world at ZERO cost.

Ok So what's in this for CMKX?? well it is simple in addition to the 60% interest in the 500k acres, if Nevada Minerals still has the 75 billion CMKX shares on August 31st then we have to divide the CIM/CMI shares (40billion) up between 115b shares. This just simply won't do, IMO, Both UCAD, Nevada Minerals and CMKX want CMKX shares to go up in value. I think Between the August 20th and August 31st date you will see a PR stating that Mr. Casavant has agreed to repurchase the 75billion shares from Nevada Minerals to be retired or that Nevada Minerals has agreed to forgo any further dividend on their restricted CMKX shares possibly even retire them. Thus taking them out of the equation for computing Div. so each CMKX share will get 1 Share of CIM/CMI.

This has been a Speculative look at My own DD that I am willing to share with you. please remember that this is only MY OPINION and nothing more

GLTA

Coreton

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