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Post by John Winston Lennon O'Boogie on Oct 27, 2014 12:16:27 GMT -5
October 27, 2014
RE: Webinar #35. Amway/Amazon Portals
To All CMKM/NHHI Shareholders:
I have scheduled Webinar #35 for Thursday, October 30, 2014 at 8 PM CDT. I will discuss the outcome of the hearing scheduled for Tuesday, October 28, 2014 in the Wells Fargo case, as well as other news and ongoing activities. As always, there will be a Q&A session at the end of the meeting.
The Amway portal has been very slow lately, with zero sales so far for October. However, the Amazon portal has produced sales of 51 shipped items and a net profit of $74 so far. With the holidays approaching, I hope you will consider using these portals for your shopping needs, and to help keep the CMKM website active until further recoveries are made. I truly appreciate the Shareholders who have made purchases online using these portals.
I hope to see many of you on the Webinar Thursday night. Thank you.
Steve Kirkpatrick
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Post by portrush on Oct 27, 2014 12:51:42 GMT -5
Thanks John!
pr
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Post by thunkerdrone on Oct 30, 2014 15:01:05 GMT -5
I hope someone does up an .mp3 of this session and posts it,
this latest development in the Wells Fargo case is possibly
one of the only bits of good news we've had in a long
time for CMXK, it might be worth the extra effort
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Post by imSINGLEruRICH on Oct 31, 2014 10:34:34 GMT -5
wow....
News is scarce.
#2077872
EricGreenField 12 hours ago
Nhhinow,
Did SK talk about these items during his webinar? It would really be something if he did!
What did you think of the webinar if you listened?
#2078015
nhhinow 14 minutes ago
reply #2077872
It was bored as usual except the part that he mentioned we did not have to pay TA over $60K....
~Only fool writes for free~
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Post by thunkerdrone on Oct 31, 2014 10:35:19 GMT -5
anyone have a recap of the show or better yet an .mp3?
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Post by imSINGLEruRICH on Nov 1, 2014 11:13:51 GMT -5
#2078470
EricGreenField 1 hours ago
Nhhinow said it was pretty boring except SK said something about trading...I think, and it was good about what happened to Wells Fargo
#2078473
BlackDeath 1 hours ago
and don't forget...he said any recovery belongs to the company not the shareholders....
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Post by John Winston Lennon O'Boogie on Nov 1, 2014 11:26:51 GMT -5
#2078470
EricGreenField 1 hours ago Nhhinow said it was pretty boring except SK said something about trading...I think, and it was good about what happened to Wells Fargo
#2078473
BlackDeath 1 hours ago and don't forget...he said any recovery belongs to the company not the shareholders.... I hope someone reminds him that we are the Company.. We hold the shares.. Unless he knows something we don't.. |
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Post by imSINGLEruRICH on Nov 5, 2014 17:15:28 GMT -5
#2078470
EricGreenField 1 hours ago Nhhinow said it was pretty boring except SK said something about trading...I think, and it was good about what happened to Wells Fargo
#2078473
BlackDeath 1 hours ago and don't forget...he said any recovery belongs to the company not the shareholders.... I hope someone reminds him that we are the Company.. We hold the shares.. Unless he knows something we don't.. Well John, I agree with you........ I always believed the shareholders are the company also . Did SK actually separate the 2 as blackdeath stated ? "belongs to the company not the shareholders" Well I did as you suggested... I asked Steve Kirkpatrick to comment..... Here's his answer...
From Steve Kirkpatrick stevek@cmkmdiamondsinc.comhide details
To imsinglerurich imsinglerurich@aol.com
Wed, Nov 5, 2014 1:01 amRoe: This entire effort has been about the shareholders from day one, at least for me – if it were not for the shareholders there would be no reason to continue. As I have stated 1,000 times on webinars, e-mails and phone calls – CMKM/NHHI is owned by the shareholders, but is not run by the shareholders. The same fact holds true for the largest corporations on the planet, say Apple or Exxon/Mobil down to even tiny, severely-damaged and delisted companies like CMKM/NHHI. So, let’s look at a theoretical (but likely) scenario in which the company recovers $500,000 from a judgment that we have domesticated to a foreign country. Would JWLOB, you or other shareholders advocate that we divide up the cash and mail it to 50,000+ shareholders? The sheer cost of writing the checks, stuffing envelopes and mailing them would cost at least $100,000, leaving $400,000 to spread around. So, the “average shareholder” would get a check for $8.00, leaving the company broke and potentially out of business. Our largest shareholder would get a check for +/- $3,400.00, but a small shareholder like me would get $1.13 – hardly worth taking to the bank to cash. So, which is better? Send out a small check to 50,000+ folks and bankrupt the company? Or use the capital to build a real business that may be worth far more for shareholders down the road? If the decision were left to our divided shareholder base, a decision would never be made. This is the very reason that companies have management - to make wise decisions that are in the best interest of all shareholders. Thank you. Steve K |
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Post by John Winston Lennon O'Boogie on Nov 5, 2014 19:09:57 GMT -5
I hope someone reminds him that we are the Company.. We hold the shares.. Unless he knows something we don't.. Well John, I agree with you........ I always believed the shareholders are the company also . Did SK actually separate the 2 as blackdeath stated ? "belongs to the company not the shareholders" Well I did as you suggested... I asked Steve Kirkpatrick to comment..... Here's his answer...
From Steve Kirkpatrick stevek@cmkmdiamondsinc.comhide details
To imsinglerurich imsinglerurich@aol.com
Wed, Nov 5, 2014 1:01 amRoe: This entire effort has been about the shareholders from day one, at least for me – if it were not for the shareholders there would be no reason to continue. As I have stated 1,000 times on webinars, e-mails and phone calls – CMKM/NHHI is owned by the shareholders, but is not run by the shareholders. The same fact holds true for the largest corporations on the planet, say Apple or Exxon/Mobil down to even tiny, severely-damaged and delisted companies like CMKM/NHHI. So, let’s look at a theoretical (but likely) scenario in which the company recovers $500,000 from a judgment that we have domesticated to a foreign country. Would JWLOB, you or other shareholders advocate that we divide up the cash and mail it to 50,000+ shareholders? The sheer cost of writing the checks, stuffing envelopes and mailing them would cost at least $100,000, leaving $400,000 to spread around. So, the “average shareholder” would get a check for $8.00, leaving the company broke and potentially out of business. Our largest shareholder would get a check for +/- $3,400.00, but a small shareholder like me would get $1.13 – hardly worth taking to the bank to cash. So, which is better? Send out a small check to 50,000+ folks and bankrupt the company? Or use the capital to build a real business that may be worth far more for shareholders down the road? If the decision were left to our divided shareholder base, a decision would never be made. This is the very reason that companies have management - to make wise decisions that are in the best interest of all shareholders. Thank you. Steve K Point made.. Glad he knows we are why and if.. |
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Post by John Winston Lennon O'Boogie on Nov 6, 2014 7:05:26 GMT -5
Well John, I agree with you........ I always believed the shareholders are the company also . Did SK actually separate the 2 as blackdeath stated ? "belongs to the company not the shareholders" Well I did as you suggested... I asked Steve Kirkpatrick to comment..... Here's his answer...
From Steve Kirkpatrick stevek@cmkmdiamondsinc.comhide details
To imsinglerurich imsinglerurich@aol.com
Wed, Nov 5, 2014 1:01 amRoe: This entire effort has been about the shareholders from day one, at least for me – if it were not for the shareholders there would be no reason to continue. As I have stated 1,000 times on webinars, e-mails and phone calls – CMKM/NHHI is owned by the shareholders, but is not run by the shareholders. The same fact holds true for the largest corporations on the planet, say Apple or Exxon/Mobil down to even tiny, severely-damaged and delisted companies like CMKM/NHHI. So, let’s look at a theoretical (but likely) scenario in which the company recovers $500,000 from a judgment that we have domesticated to a foreign country. Would JWLOB, you or other shareholders advocate that we divide up the cash and mail it to 50,000+ shareholders? The sheer cost of writing the checks, stuffing envelopes and mailing them would cost at least $100,000, leaving $400,000 to spread around. So, the “average shareholder” would get a check for $8.00, leaving the company broke and potentially out of business. Our largest shareholder would get a check for +/- $3,400.00, but a small shareholder like me would get $1.13 – hardly worth taking to the bank to cash. So, which is better? Send out a small check to 50,000+ folks and bankrupt the company? Or use the capital to build a real business that may be worth far more for shareholders down the road? If the decision were left to our divided shareholder base, a decision would never be made. This is the very reason that companies have management - to make wise decisions that are in the best interest of all shareholders. Thank you. Steve K Point made.. Glad he knows we are why and if.. That quote is from IBM back in the day.. Glad Steve didn't forget that one.. |
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Post by John Winston Lennon O'Boogie on Nov 6, 2014 19:44:42 GMT -5
Come to think of it, I really don't know why he would have to go through all that trouble for when we have a TA..
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