The question is, what is going to happen to our shares of CMKX, and what effects will the dividends and possible mergers have on them. First of all we can substitute UCAD for CIM in this theory when we get to the Merger part..

Now we are getting a dividend of CIM sometime between August 31st and a "Later date". For the sake of this post we will use August 31st as the record date and the Distribution date (just like the GEMM dividend). Also we’ll assume that we are getting a 1 for 1 dividend of CIM for our CMKX shares (Just like the first time). So on August 31 we will Get 1 million CIM shares For 1 million shares of CMKX .

Now we have been told in a PR that CIM is going to go Public. I think that at some point after this happens, we will see CIM offer a buyout/share swap for CMKX shares.

For this example: We will use a ratio of 1 share of CIM for 1000 shares of CMKX.

So now you will have 1,001,000 shares of CIM and NO shares of CMKX.

Based on the fact that so much has been put into promoting the CMKX ticker on the NHRA and ASA cars, truck and bike, I believe that CMKX will be reissued as a new company called "CMKXtreme Racing" (CMKX.PK).

I think that the New shares of CMKXtreme Racing (CMKX) will be issued as a dividend to CIM share holders… let’s say 1 share of CMKX for 100 shares of CIM. So you will now have 1,001,000 shares of CIM and 10,010 shares of CMKXtreme racing shares (CMKX).

Now then what can the value be???

First lets set some assumptions here.

The 1-1 CIM/CMI to CMKX dividend means that there are 40billion shares of both. So our public float will be 40 billion in both CMKX and CIM.

CIM will be going public (as per PR) IPO.

Mining companies trade at 10 to 50x their value.

After the Buyout and Dividend to CMKX there will be 40,040,000,000 (40billion 40million) shares of CIM that are in the public float already. So another 5 billion or more will need to be added for the IPO And another 10billion for the CIM shares issued in Sep 2003 (10b was the AS at the time of the Div). That would give us 55,040,000,000 We will use 50 billion to keep the math simple.

Now we have to decide what it will be worth at some point in time. I like to use a target price for the IPO of $20.00 per share and use the minimum of 10x value for the PPS so ($20.00/10) this will mean we need $2.00 in value per share of CIM or claims valued at $100billion.

With De Beers, Kensington, and Shore Gold right next door and De Beers claims being valued at $40 to $80 billion By Dr. Mark Hutchenson in Feb 2003 (this claim is a about 60,000 acres) we now have 1.9 million or more in the FALC… so I do not think it is too much of a stretch to say we will at some point have a value assessed of well over $100 Billion. I believe that this assessment will be done prior to the IPO and I believe that the IPO will be done by the end of this year.

So Lets do a little math… If you had 1 million shares of CMKX on August 31st and held them till fruition you would have 1,001,000 CIM shares valued at $20.00 or 1,001,000 x $20.00 = $20,020,000 for your 1 million shares.

I am not saying when we will realize this price… I’m saying that it is highly probable in the next 5 years. I choose to believe that this whole thing was started 3 years ago so in the next 2 years it is IMO Highly probable for this to happen.

Now for the New CMKX shares… I have no idea, I have not researched racing companies or know if any of them are traded or not but at this point who cares.. :>)

This post is all based on assumptions as I see them. This is my theory on what I think COULD happen. Read it and enjoy it, and if you have constructive criticism of it that’s fine, let me know. I will NOT argue any of these points with anybody… this is my OPINION ONLY!!

GLTA

Coreton

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