cmkx payout update
Christian Traders (http://christiantraders.com), the Internet's fastest growing faith-based online investment community, is pleased to announce an exciting development which will enable the company to share it's corporate and spiritual vision worldwide, via a new national radio show "Prosperity for God's People".
The show, dealing with Christians and their investments, can be heard live in Phoenix on KXEG 1280AM or worldwide via the Internet, at http://familyvaluesradio.com .
The show is broadcast live at 2:30 Pacific time and 5:30 Eastern time every Tuesday and Wednesday afternoon. Archives of previous programs are available at http://christiantraders.com and current programs can be replayed 24/7 at http://familyvaluesradio.com .
On today's show, "CT" - Pastor DeWayne Reeves, CEO and President of Christian Traders Inc., will be discussing CMKX - CMKM Diamonds Inc. CMKX is currently the hottest topic on Wall Street, trading more shares per day than Microsoft, Intel, and Cisco combined. Opinions on CMKX range from The Green Baron's statement, "CMKM Diamonds is The Stock Play of a Lifetime", to Stock Patrol's viewpoint of "Where are the diamonds?". CT has remained somewhat neutral, currently holding somewhere between 7-10 million shares, simply as a trading opportunity. When asked to expand, CT's reply was,"A million shares costs less than a trip to Vegas, the odds are slightly better, and the entertainment value alone increases with each passing day".
Callers wishing to express their opinion on CMKX can reach CT live in the studio at 623-936-4230.
Visit http://christiantraders.com for more information and to become a member of the online community. Some message boards are available to guests, but to receive full access requires a 30-second registration.
Current company profiles along with CMKX are -
AZCO Mining Inc. - AZMN - http://azco.com
Desert Health Products - DHPI - http://dhpi.com
Dale Jarrett's Racing Adventure - DJRT - http://racingadventure.com
CT recently stunned the online community and the investment world at large when he announced he would be stepping down as lead columnist for Christian Traders. While he was not specific as to the reason for his decision, his final column, "Jesus is my Passion" does give some clues.
Administrative duties have been turned over to Debbie Kiontke. Ms. Kiontke is an accomplished trader, author of the column "Grace Notes", and a Christian singer/songwriter who works as an Artist Associate with World Vision.
Mr. Glen Landry has assumed the duties of Global Administrator, Mr. Randy Degner will continue to fulfill his role as the official CT Technical Analyst and the mystery columnist known only as "Savant", will continue providing economic and market commentary.
A performance chart of the CT Index covering all 197 selections made by CT from 6-20-04 through 7-29-04 is now available at the site. Although CT will no longer be publishing his editorial column, he has stated he will continue to post nightly trading selections as time permits.
Trading selections issued by CT, should not be confused with his long-term "Buy"recommendations. Currently CT holds only three companies in the CT Portfolio. Of those three, his favorite by far, is AZCO Mining - AZMN. CT reiterated his confidence in AZMN a few weeks ago, when the stock hit a mid-day low of .09. The stock closed yesterday on strong volume at .21, leaving a lot of investors puzzled, and the "smart money" smiling. CT has suggested that the true AZMN rally is yet to begin.
In a press release issued yesterday, Chief Executive Dr. Pierce Carson stated the following - "Returning to current reporting status will be essential for the company to be able to aggressively move ahead with its strategic agenda, including acquiring precious and base metal assets, arranging financing for its mica operation and creating value for shareholders."
CT was asked to comment on the press release and offered the following remarks - "Since Dr Carson is one of the foremost and most accomplished explorationists of our time with a proven track record of not only a string of substantially valuable discoveries over his 33 year career, he's also been the architect of a dozen major projects and therefore it stands to reason he means what he says on the AZCO website -
("I intend to redirect the strategic future of this company to include identification and acquisition of high quality Gold, Silver and Copper resources."
Dr. W. Pierce Carson
President - CEO
Azco Mining Inc)
In my opinion, any additional value that might be added through deft acquisitions is likely to not only enhance Azco's current intrinsic value but could enable the company to grow towards a much more richly deserved valuation of $300 million plus. But again, since $300 million represents AZMN's "proven" reserves, (which account for only 5% or 1/20th of it's estimated total inground reserves of some 88 Million tons of ore, with potential valuations in the Billions), then it's reasonable enough to assume that with $300 Million being two thirds of the potential goal of $500 Million, it might not take too much acquisition-wise to set AZMN on an upward path towards what really could be a realistic future valuation. Such heady valuations would put AZMN's share price in the $7 to $12 realm or some 50 times or 5,000% upwards from here."
Additional commentary from CT regarding AZMN is available exclusively at http://christiantraders.com .
Disclaimer: Christian Traders Inc. is not a registered securities firm. CT is not a licensed securities broker or financial planner. Any information contained in this press release, at http://christiantraders.com , or on "Prosperity for God's People", is simply the opinion of this editor, CT, guests, columnists or members. Christian Traders does not accept cash, stock, warrants, or promises thereof, to select or profile any company. CT brings new meaning to the term - "Investor Relations Firm". He actually works for you, the investor 00004000 .
That was for you, this is for the SEC -
This is not a solicitation to purchase securities. The information contained herein is for informational purposes only. The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein. Further, the company assumes no obligation to update or otherwise publicly revise the forward-looking information disclosed herein to reflect circumstances existing after the data hereof.
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