|
Post by thunkerdrone on Aug 19, 2015 10:29:31 GMT -5
thanks again PR, there is a considerable amount of hard work going into all of this which deserves recognition, including of course how hard SK is going at this...tremendously interesting stuff
|
|
|
Post by portrush on Aug 19, 2015 10:46:26 GMT -5
So to say here... If there is a ROI, is he saying that the Shareholders who invested in the oil wells will get paid first..? What happens to the CMKX shareholders of old..? Do they ever see any money out of the Oil Well deals..? Let's say the ones who do not have the money to invest, do they sit and watch the ones who did invest get the check every month..? Thanks for your previous note John, I appreciate the kindness. I don't know that I'm on top of my game per se...I just did a little more research than others, perhaps. Actually I simply typed "problems with regulation D private placements" into Google search and found an SEC website with red-flag questions for investors being offered such an opportunity. Those questions I asked were derived from that site and not intended to try to look cool or make someone look to be a fool. I most certainly didn't expect them to be met in the manner they were. I thought they provided a simple way to establish an understanding of what can be expected as a new investment into a new venture being proposed from the old company, if you will. Unfortunately they weren't perceived as such. From my understanding of his comments (and I could be wrong) this is a new investment into NHHI. Should it purchase oil wells that return a profit, the proceeds would be split between the company, the oil field operator and the new investors. Nothing from this would go towards established CMKM cert holders. I assume, and again may be wrong, that if and when the company's oil venture became large enough and viable enough to go back to market, the CMKX shareholders could possibly sell their shares at that time. Of course, there is always the opportunity for a company to either re-invest its profits into the company or to issue a dividend. Keep in mind this is a private company and if a RegD is offered in any variety (504, 505, 506) it appears it remains a private company. That's what I glean from the SEC website. Nothing SK said addressed these issues. His comments to me over the phone indicated he wasn't looking to do anything more than to explore the interest of the shareholders on the call. Of the near 50 in attendance, about half raised their electronic hand to say they were interested in one of the two options; equity or debtor. About two thirds of those were in the equity camp. This would have been the webinar to have a powerpoint for--but there was none. My notes are admittedly incomplete as it was too much to capture at the rate it was spoken and the broken delivery with having to re-hash things during the Q&A time. Hopefully more info will come so people can make INFORMED decisions and not another emotional one. Oil may sound sexy, but I'm inclined to think what is being discussed, if not mildly proposed, is a long term venture. And something he has already stated publicly ...may not return to trading during his tenure there. pr
|
|
|
Post by axis on Aug 19, 2015 11:15:19 GMT -5
Unbelievable, when i'll take the big payment promised by Hodges (uh uh) i could invest my money in this new scam.
|
|
|
Post by John Winston Lennon O'Boogie on Aug 19, 2015 11:28:59 GMT -5
So to say here... If there is a ROI, is he saying that the Shareholders who invested in the oil wells will get paid first..? What happens to the CMKX shareholders of old..? Do they ever see any money out of the Oil Well deals..? Let's say the ones who do not have the money to invest, do they sit and watch the ones who did invest get the check every month..? Thanks for your previous note John, I appreciate the kindness. I don't know that I'm on top of my game per se...I just did a little more research than others, perhaps. Actually I simply typed "problems with regulation D private placements" into Google search and found an SEC website with red-flag questions for investors being offered such an opportunity. Those questions I asked were derived from that site and not intended to try to look cool or make someone look to be a fool. I most certainly didn't expect them to be met in the manner they were. I thought they provided a simple way to establish an understanding of what can be expected as a new investment into a new venture being proposed from the old company, if you will. Unfortunately they weren't perceived as such. From my understanding of his comments (and I could be wrong) this is a new investment into NHHI. Should it purchase oil wells that return a profit, the proceeds would be split between the company, the oil field operator and the new investors. Nothing from this would go towards established CMKM cert holders. I assume, and again may be wrong, that if and when the company's oil venture became large enough and viable enough to go back to market, the CMKX shareholders could possibly sell their shares at that time. Of course, there is always the opportunity for a company to either re-invest its profits into the company or to issue a dividend. Keep in mind this is a private company and if a RegD is offered in any variety (504, 505, 506) it appears it remains a private company. That's what I glean from the SEC website. Nothing SK said addressed these issues. His comments to me over the phone indicated he wasn't looking to do anything more than to explore the interest of the shareholders on the call. Of the near 50 in attendance, about half raised their electronic hand to say they were interested in one of the two options; equity or debtor. About two thirds of those were in the equity camp. This would have been the webinar to have a powerpoint for--but there was none. My notes are admittedly incomplete as it was too much to capture at the rate it was spoken and the broken delivery with having to re-hash things during the Q&A time. Hopefully more info will come so people can make INFORMED decisions and not another emotional one. Oil may sound sexy, but I'm inclined to think what is being discussed, if not mildly proposed, is a long term venture. And something he has already stated publicly ...may not return to trading during his tenure there. pr I for one couldn't invest in something like this unless it was guaranteed to return on NHHI/CMKX. Not just NHHI. If there was a return at all. Or If he can guaranteed that the over-flow of profit from NHHI was to be put to help trading with CMKX shares, then he would have to merge the 2 company's and that would be more shares in the float.. Right now as you say, we need more info. Thanks PR.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 19, 2015 12:32:40 GMT -5
Port, you are very welcome and thank you for jotting down the detailed notes. This is a very complicated and unusual stock. My CPA and me discussed this NHHI/CMKM company a few months ago and he found it quite amusing and unusual. SK did mention gifting existing shareholders an interest.
Hope they check the IRS gifting laws and be in full compliance since litigating against this army can cost millions.......!
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 19, 2015 13:38:40 GMT -5
Emailed SK and he sent one back stating he is trying to raise at least $50,000 to purchase our first deal. More information to follow on the company website. He is trying to get a preliminary total of willing investors. Anyone interested in investing can shoot him an email. This is for existing shareholders. www.cmkmdiamondsinc.com
|
|
|
Post by axis on Aug 19, 2015 14:51:14 GMT -5
Thanks for your previous note John, I appreciate the kindness. I don't know that I'm on top of my game per se...I just did a little more research than others, perhaps. Actually I simply typed "problems with regulation D private placements" into Google search and found an SEC website with red-flag questions for investors being offered such an opportunity. Those questions I asked were derived from that site and not intended to try to look cool or make someone look to be a fool. I most certainly didn't expect them to be met in the manner they were. I thought they provided a simple way to establish an understanding of what can be expected as a new investment into a new venture being proposed from the old company, if you will. Unfortunately they weren't perceived as such. From my understanding of his comments (and I could be wrong) this is a new investment into NHHI. Should it purchase oil wells that return a profit, the proceeds would be split between the company, the oil field operator and the new investors. Nothing from this would go towards established CMKM cert holders. I assume, and again may be wrong, that if and when the company's oil venture became large enough and viable enough to go back to market, the CMKX shareholders could possibly sell their shares at that time. Of course, there is always the opportunity for a company to either re-invest its profits into the company or to issue a dividend. Keep in mind this is a private company and if a RegD is offered in any variety (504, 505, 506) it appears it remains a private company. That's what I glean from the SEC website. Nothing SK said addressed these issues. His comments to me over the phone indicated he wasn't looking to do anything more than to explore the interest of the shareholders on the call. Of the near 50 in attendance, about half raised their electronic hand to say they were interested in one of the two options; equity or debtor. About two thirds of those were in the equity camp. This would have been the webinar to have a powerpoint for--but there was none. My notes are admittedly incomplete as it was too much to capture at the rate it was spoken and the broken delivery with having to re-hash things during the Q&A time. Hopefully more info will come so people can make INFORMED decisions and not another emotional one. Oil may sound sexy, but I'm inclined to think what is being discussed, if not mildly proposed, is a long term venture. And something he has already stated publicly ...may not return to trading during his tenure there. pr I for one couldn't invest in something like this unless it was guaranteed to return on NHHI/CMKX. Not just NHHI. If there was a return at all. Or If he can guaranteed that the over-flow of profit from NHHI was to be put to help trading with CMKX shares, then he would have to merge the 2 company's and that would be more shares in the float.. Right now as you say, we need more info. Thanks PR. SK sayd: "Do not ever consider investing unless you can afford to lose the money. No one is going to twist your arm. This is an option that is a theoretical thing that might get your company (NHHI) moving quicker than waiting on legal work" In other words SK can't guarantee anything Hodges also guarantees nothing if you remeber: "I have no obligation, nor duty to any of you, except the duty and obligation to make this life for me and those I care about (and humanity in general) better, happier, more fulfilling, and more loving" Draw your conclusions
|
|
|
Post by portrush on Aug 19, 2015 15:31:05 GMT -5
August 19, 2015 RE: PowerPoint Outline for Webinar #46, Reg D 504 Offering for Oil/Gas Acquisition To All CMKM/NHHI Shareholders: Webinar #46 was held last night, with a peak attendance of 56 in the NHHI PalTalk room for the 3 hour event. Please click here to view the PowerPoint outline of webinar. www.cmkmdiamondsinc.comThe primary topic of the webinar was the concept of CMKM/NHHI shareholders investing in our first oil/gas prospect in lieu of waiting on extended legal proceedings to provide the necessary capital to buy the assets. A tremendous amount of complex and detailed information was provided last night, and it is probably impossible for any attendee to grasp everything that was presented using the unsophisticated medium of a “free” PalTalk room. However, the meeting provided a starting point in the process of helping shareholders understand the concept, the risks and the upside. If the company proceeds with the concept, the investment offering would be structured under a Regulation D 504 offering, with the goal of raising a minimum of $50,000 in units of $1 each, limited to CMKM/NHHI shareholders only. The Rule 504 offering would be structured as an equity deal, in which investors would receive a 50% stake in the oil venture, and NHHI would receive a 50% stake. Depending on the total amount raised and the asset purchased, the investors would receive monthly checks for their pro-rata share of the net profit for a 3 to 5 year period. When the investors have received their initial investment back, plus a substantial return on their investment, the ownership of their 50% stake would revert back to NHHI. The next step in this process is to get a preliminary idea of how much capital we can raise, with a minimum of $50,000 needed. Prior to any money being accepted, investors would receive a complete Private Placement Memorandum with spreadsheets, disclosures and disclaimers, and a subscription agreement. However, I need to get a better idea of how many dollars could be raised prior to spending the cash to generate a PPM and the necessary legal documentation. If you an interest in investing into NHHI’s first oil venture, please send me an e-mail to stevek@cmkmdiamondsinc.com, and please provide a preliminary idea of how much you might be willing to invest, pending further informational exchange. So far today, I have received numerous e-mails and have preliminary commitments of at least $17,500, which is a very encouraging number this early in the process. If we are unable to secure preliminary commitments of at least $50,000 prior to August 25, 2015, then we will simply wait until our legal proceedings play out to raise the necessary funding. However, if the preliminary commitments reach or exceed $50,000, then I will host another webinar on August 27, 2015 to more clearly define the opportunity. I look forward to hearing from you. Thank you. Steve Kirkpatrick
|
|
|
Post by John Winston Lennon O'Boogie on Aug 19, 2015 16:20:52 GMT -5
So the rest of our shares from way back when are worthless...........?
|
|
|
Post by e362 on Aug 19, 2015 16:29:49 GMT -5
So the rest of our shares from way back when are worthless...........? Sounds shady to me and extremely disrespectful to the shareholder base that appears to be once again left out in the cold if true.
|
|
|
Post by portrush on Aug 19, 2015 16:42:10 GMT -5
So the rest of our shares from way back when are worthless...........? As it stands, yes--and he pointed out that they are worthless because the company insiders (those currently on trial) took the money and instead of building value for the shareholders, built their own wealth instead. There's no arguing that, I suppose. However, his intention is to enter into the O&G industry because it is the most volatile (no pun intended) for growing revenue faster and larger than nearly anything else. He anticipates that the company can indeed produce profits out of the gate, grow larger through acquisition or merger and eventually get to the point where it either goes back to trading and you derive benefit from selling shares--or reaches the $220million (net) mark where shareholder's original investments could be returned. Mind you returning investment seems like something easily stated, yet undoubtedly challenging to process. IMO, FWIW, ABCD EFG. pr
|
|
|
Post by truebrit on Aug 19, 2015 17:50:45 GMT -5
Forgive me Portrush, John Winston and all other CMKM shareholders and sufferers like myself, who have gone through nearly 12 years of painstaking misery. I just can't grasp this idea what this Mr. SK is all about!!
First, he approaches the shareholders with this wonderful profit making idea of us all to become AMWAY salespeople (or something like that).
Then, when that doesn't work he tells us that " The recent appeal of our successful defense of a large judgment obtained by CMKM has held up the anticipated recovery of the cash needed to take CMKM/NHHI into an oil business of significant size." Well I for one did was not aware how much this "LARGE JUDGEMENT" was! I didn't even know that it had been decided, that this "LARGE JUDGEMENT" was going to be used in purchasing an oil producing venture!
I was very concerned about the ethics of approaching the shareholders about joining Mr. SK in an AMWAY venture. And, also using the boards to procure salespeople for this project (not too sure about that), because it was under the guise of "helping CMKX".
I am really concerned about Mr. SK about raising $50,000 from "whomever" shareholders or not, so why would he be using the boards and the CMKM banner to lure people into this idea, that he has about an oil venture? If it is not just for the shareholders benefit?
The other question that comes to mind, is what does he envision how this "LARGE JUDGEMENT" is going to be used, if and when it is ever awarded? will it be used in another venture that Mr. SK decides to invest in without consultation to the shareholders?
Just some queries that come to mind? This to me does not sound like the kind of person that uses good business practices and ethics. AIMO,FWIW etc.
Truebrit
Truebrit
|
|
|
Post by John Winston Lennon O'Boogie on Aug 19, 2015 18:02:20 GMT -5
Very disappointed in Steve. Worthless shares now.. When it was all about the shareholders.. When will he take our shares off Transfer on line..? Or maybe he did already.. Very Disappointing.. In deed..
|
|
|
Post by gabbyhayes on Aug 19, 2015 18:29:35 GMT -5
Sorry…I wouldn't touch this debacle with a 25 foot pole…wanna lose some more money….go ahead….invest…imho……...
|
|
|
Post by skoondog on Aug 19, 2015 19:39:45 GMT -5
Forgive me Portrush, John Winston and all other CMKM shareholders and sufferers like myself, who have gone through nearly 12 years of painstaking misery. I just can't grasp this idea what this Mr. SK is all about!! First, he approaches the shareholders with this wonderful profit making idea of us all to become AMWAY salespeople (or something like that). Then, when that doesn't work he tells us that " The recent appeal of our successful defense of a large judgment obtained by CMKM has held up the anticipated recovery of the cash needed to take CMKM/NHHI into an oil business of significant size." Well I for one did was not aware how much this "LARGE JUDGEMENT" was! I didn't even know that it had been decided, that this "LARGE JUDGEMENT" was going to be used in purchasing an oil producing venture! I was very concerned about the ethics of approaching the shareholders about joining Mr. SK in an AMWAY venture. And, also using the boards to procure salespeople for this project (not too sure about that), because it was under the guise of "helping CMKX". I am really concerned about Mr. SK about raising $50,000 from "whomever" shareholders or not, so why would he be using the boards and the CMKM banner to lure people into this idea, that he has about an oil venture? If it is not just for the shareholders benefit? The other question that comes to mind, is what does he envision how this "LARGE JUDGEMENT" is going to be used, if and when it is ever awarded? will it be used in another venture that Mr. SK decides to invest in without consultation to the shareholders? Just some queries that come to mind? This to me does not sound like the kind of person that uses good business practices and ethics. AIMO,FWIW etc. Truebrit Truebrit you are so far off...... skoondog
|
|