Post by driller on May 25, 2005 14:35:43 GMT -5
I have been researching this possibility for many months now but I would bet that SGGM is the new ride for CMKX shareholders and CMKX very well could be reversed into SGGM. It would make sense because of the recent pending acquisitions and the amount involved is now totalling $230,000,000 in assets and counting and I believe that will not be the end of them either.
Too much points this way to be avoided and one of the telling cases to be made is the $10,000,000 in funding from SGGM last year and the subsequent delay of delivery of SGGM and other restricted shares of other companies into our accounts.
Now it doesn't have to work this way of course... but right now I am kind of leaning this way right here right now based on what I have been researching. But this thing can change rapidly and will be very interesting to see how this plays out it could easily go several different directions. When those restricted shares are released to CMKX shareholders and are tradeable I believe there might be a simultaneous reverse merge executed absorbing CMKX and it's shareholders. I think SGGM could be our new ride and or also the pps will be over $1.00 this next year.
If there is a SGGM-CMKX reverse in the works here there will be lots of shareholders moaning about a reverse. Because the average shareholder is holding about 4 or 5 million some in the hundreds of millions and have been speculating for years about what the pps of CMKX would be. But, what they have not discussed or thought of is what the pps of the reverse merge partner like SGGM would be let alone what the ratio would be in exchange. If SGGM is in the pennies like it is now let alone in the .20- .50. $1.00+ range down the road if and when a reverse occurs. Then shareholders should still make out pretty darn well. Even though we shareholders could be wiped out of CMKX shares I would be content with what I have in it's place.
People need to wake up and start looking around at the possibilities and stop just focusing their attention on CMKX. It is very much still possible that CMKX might come out of all this without a merger or a reverse but as this drags on I am thinking that a merge is becoming the odds on favorite as time goes on. The question really is if this was planned all along or just recently who are the reverse merge partner(s)? But right now I have my sights set on SGGM based on todays information, recent events and research.
;D
Too much points this way to be avoided and one of the telling cases to be made is the $10,000,000 in funding from SGGM last year and the subsequent delay of delivery of SGGM and other restricted shares of other companies into our accounts.
Now it doesn't have to work this way of course... but right now I am kind of leaning this way right here right now based on what I have been researching. But this thing can change rapidly and will be very interesting to see how this plays out it could easily go several different directions. When those restricted shares are released to CMKX shareholders and are tradeable I believe there might be a simultaneous reverse merge executed absorbing CMKX and it's shareholders. I think SGGM could be our new ride and or also the pps will be over $1.00 this next year.
If there is a SGGM-CMKX reverse in the works here there will be lots of shareholders moaning about a reverse. Because the average shareholder is holding about 4 or 5 million some in the hundreds of millions and have been speculating for years about what the pps of CMKX would be. But, what they have not discussed or thought of is what the pps of the reverse merge partner like SGGM would be let alone what the ratio would be in exchange. If SGGM is in the pennies like it is now let alone in the .20- .50. $1.00+ range down the road if and when a reverse occurs. Then shareholders should still make out pretty darn well. Even though we shareholders could be wiped out of CMKX shares I would be content with what I have in it's place.
People need to wake up and start looking around at the possibilities and stop just focusing their attention on CMKX. It is very much still possible that CMKX might come out of all this without a merger or a reverse but as this drags on I am thinking that a merge is becoming the odds on favorite as time goes on. The question really is if this was planned all along or just recently who are the reverse merge partner(s)? But right now I have my sights set on SGGM based on todays information, recent events and research.
;D