Post by imSINGLEruRICH on Jun 22, 2016 7:10:53 GMT -5
By: christobanl
18 Apr 2009, 10:52 PM EDT
Rating: Msg. 826917 of 827007
(Reply to 826916 by aladin99)
ivory give me a break. The Listener is on the advisory board. Do your homework and you might figure out who it is. The Listless is another fool.
THE LISTENER (now supposedly on the advisory board)
2006??
I have to agree that it is time for the company to pay shareholders a dividend even if it’s token to acknowledge that the company is viable and willing to apply pressure on the short. I look back when Kevin West was on the CMKM Taskforce and he told me that the company would be putting out a PR on a day when I was talking with him. The attorney’s told Urban that the PR would be out that day and it never happened. I asked Kevin what happened and he told me that Urban was even surprised it didn’t come out. He explained his frustration with the lack of communication from the company to shareholders. He told me that the attorney’s are running the show and not even Urban can decide when a PR is issued. Basically the attorneys have a task at hand and they could care less what the shareholders think because they have a job to do and that is all that matters, their success ultimately is our success. They refuse to show any part of their hand for whatever it is they are working on. The shareholders are locked in and basically everyone must trust the team whether they like it or not.
I find it rather ironic that Kevin who is a shareholder is now the interim CEO and by position must have a better insight as to what is going on. Kevin believes in communication, he really does. Interestingly enough now that he is on the inside, he is not allowed to communicate because of the attorneys. He might not like it, but he understands why. Kevin is a shareholder and believe me, if he is okay with it, so am I. Kevin stated to me while on the CMKM Taskforce that CMKM had substantial assets. He confirmed to me that there was no way he would be spending all of his time and effort if the only asset was Entourage. The SEC basically warned the CMKM Taskforce that if they tried to tell everyone to pull their stock certificates that the SEC would try to charge them with market manipulation. The attorney’s in turn created a transaction which was clever enough to force a stock certificate pull and that is really the only reason why the Entourage deal was done. Not because it was the “only” asset, there are other assets but because it was the only way to get a stock certificate pull underway.
Key point here, I asked Kevin if interpleader was something that was thought of after the stock certificate pull was pretty much near completion. Kevin made it very clear to me that interpleader was the goal from day 1. Basically Robert Maheu told everyone in a meeting that the goal of the CMKM Taskforce was to identify and cert as many CMKM shareholders as much and accurately as possible. The goal was to provide him with a list that he could take to interpleader. Basically different attorneys would be used for different tasks depending on where we were in the overall plan. It was my understanding that despite the PR that Stocklein and Maheu were no longer part of the CMKM Taskforce that they were still consulting with the company. Kevin made it very clear to me that he was extremely confident in what the company was doing because as far as they were concerned they were successful in certing enough shareholders to move forward with interpleader. We knew of the holdouts and that would be addressed through interpleader if they wouldn’t cooperate. The fact that interpleader is not filed could be an indication that we are getting some cooperation.
Kevin and I, identified the issue of broker/dealers hiding stock certificates from the CMKM Taskforce. It was obvious to me that the company had some sort of open ended settlement. The reason being that why would the attorneys need to keep their own set of data on shareholders when the transfer agent had the data. Faxing in our stock certificates to the law firm for verification made no sense to me if we are already verified by the mere issuance of our stock certificates with the transfer agent. Also why would the brokerage firms who did order stock certificates and had the shares hide them from the CMKM Taskforce. What would be the purpose of hiding them in their vaults unless by giving them to shareholders and in turn the shareholders faxing them into the law firm created a liability for them. The fact that the DTCC cleared out all of their CMKM was also very interesting. Basically CMKM in the process of distributing Entourage and any other assets would not be using the DTCC. Why would that be? I understand that CMKM is revoked and is a private company and should not use the DTCC, so then brokerage intermediaries have no reason to be holding electronic shares and should have issued certs to their clients. I suspect that if CMKM has settled with the DTCC it could not give the Entourage and any other assets, including settlements, back to the DTCC to distribute. That is why everyone had to fax in to the law firm because ultimately distribution would have to be done through them and not the DTCC.
My purpose here is to try and give a better insight as to where we were and where this is going. It’s obviously going forward. I myself get very impatient at times, however when I put it in perspective, there is progress. The cert pull has identified what brokerage firms are naked short, which is critical if this has to be taken into the courts. Nevwest has been busted along with Edwards for their part in all of this. The fact that Nevwest sold 259 billion shares of stock clearly explains why CMKM issues more and more shares to make sure the company retained control with all these additional shares in the market. Shareholders should be intrigued with the fact that these restricted shares were recommended by Frizzell to Stocklein to be null and void for violating the company’s restricted stock rules and therefore if done would not only lower the number of shares issued and outstanding, but also create a naked short. If these shares are counted currently in the Taskforce count and now are to become null and void, what is the true count. Also if the company had shares in the treasury that were sitting there to offset a hostile takeover, how many of those shares can be retired now that the threat has been addressed. If 259 billion shares were wrongfully issued, and the company issued the same amount to the CMKM treasury to offest it, what if 518 billion shares are eliminated or retired. Then if there is hardly any float and the naked electronic shares is very high, this could skyrocket the book value of our shares. The naked short, if held by the company, could give us a multiple of our current value. Understand that if the company issues a dividend it means outright “war” and there is no more room for negotiations for those who are short. A dividend is a punch made directly in their face. It is the last resort option, we would like a “settlement” and a peaceful interpleader that pays us nicely. A settlement is better than a dividend, but I must agree with shareholders as to they have had a enough time. It’s time to inflict some serious pain if they can’t make good on what they sold to the public. Where the line is drawn, only the attorney’s know. I am confident in what I know, and therefore I am more intrigued with how this will play out rather than when am I getting paid. I’m more in the mode of how much will I be paid rather than when will I get paid.
Very key points that need to be known this late in the game. 1. do we have assets? 2. is there a naked short? 3. does the company own the naked short?
Well according to the recent conference call Kevin addressed my questions. 1. He said the Emerson Koch he recently met with and felt comfortable with what is has done. Basically Emerson in my opinion verifies the assets and well as my previous conversation with Kevin that CMKM has substantial assets. 2. Kevin outright said there is a naked short and he identified them with me who they were. Etrade, Ameritrade and TD Waterhouse. I also verified through a phone call to the transfer agent that these firms were playing games with their clients that they ordered certs and they were quote “lost” when in fact they never placed an order with the TA for a cert. 3. Most importantly Kevin said on the conference call that the naked short could give huge valuation to shareholders. The only way that could give bonafide shareholders valuation is if electronic shares are owned by CMKM.
I have been silent for a long time because I am confident in where this is going. I’m not happy with the constant delays, but understand it is not the company creating the delays, it is the non cooperation of the brokerage firms. The attorneys are running the show, I am glad they are running the show. We are obviously close to getting a conclusion on this saga. I could care less if the whole market place gets cleaned up, all I care about is us getting paid. I bought CMKM to make money not clean up the marketplace. It is not CMKM’s responsibility to clean up the marketplace. It is the government that is responsible. If they have to pay us to shut up, I’ll take it. Other companies and their shareholders need to step up and determine their own destiny.
It is the sad reality of the situation, but let’s be serious, if CMKM locked in the shorts and it get’s us paid that is all that matters to me. Call it selfish, I don’t care, I’ve been in this long enough and all I want is the payoff.
The Listener
From the Listener (Nov.5, 2006):
A note from Listener.
Hi Stormgrey,
Couldn't sit back and watch the BS circulating around about Nov 3 and PR coming. Everyone is getting disappointed with the company and the disappointment has to do with people on message boards that have their own agenda. What everyone needs to realize, which the company clearly stated in a recent PR, is that they should not get their information from a message boards but only from official press releases from the company. The company is diligently working and doesn't need impatient shareholders threatening class action lawsuits, that is what would delight shorts who have not settled who like to see the heat turned off of them. Basically the company is going after the culprits and the culprits are cultivating angry shareholders via message boards to get impatient. The goal of these culprits is to have the company move on without them paying us. It isn't going to happen.
Everyone needs to take a step back and realize that our situation is very real. Patrick Byrne's face on the CMKM Task force website with a complete tutorial on Naked Shorting is not a coincidence. Neither is the fact that his father runs Geico for Warren Buffet, who just recently donated his fortune to the Gates Foundation. Do you really think that Patrick Byrne who has made progress with Senators, the media and the courts would associate himself with a supposed scam.
Everyone needs to remember the little battle with the naked short issue when it hit CNBC with Jim Cramer and Herb Greenberg, who by the way received subpoena's and they had Patrick Byrne on CNBC the following day. They kept interrupting him, so he told everyone that every time he cannot speak, he will hold up a sign with a link to a website that everyone should go to and read if they want to learn about naked shorting. It was www.thesanitycheck.com which leads right to Mark Faulk who happens to be writing the book for CMKX. Now how is it that Patrick Byrne puts his face on our website and links you to the author of the CMKX book. Sounds like when CMKX hits he wants to show what can happen when regulators don't do their job and will give him even more credibility about the problems in the marketplace.
Everyone needs to know that brokerage firms are being forced to enforce violations of Regulation Sho with action against clients who are naked short. They also need to know that is has been expanded to pink sheet companies and new electronic systems are being put in place to ensure that BEFORE anyone can short a stock, it must be in the brokerage firm's inventory and is eligible to be borrowed against. I don't see how D Roger Glenn who helped write some of the SHO regulation became associated with CMKX unless there was an issued with naked shorting.
Everyone needs to realize that Robert Maheu who is the former CIA agent, runs Robert Maheu & Associates, his company helps train FBI and CIA agents as to how and identify money laundering. I find no coincidence that the NASD recently charged Nevwest Securities with violating anti-money laundering rules and it just so happens to involve CMKX.
Everyone needs to realize that the Resident Agent for the company Steve Oshins reached out to CMKX shareholders to open up trusts with him. In fact, he even offered to discount his fees 50% to get you to do it. He is also the same person who wrote the law to allow Dynasty Trusts in the Great State of Nevada. Look at the Clark County website and see the names of individuals who spent money to open up these trust accounts and the only asset in there is CMKM Diamonds common stock. Also check out Steve Oshins website and you will notice that his clients have a minimum of $5 million dollars and he has a few billionaires. I don't see how or why he would associate himself with CMKX if it were a scam.
A funnier note, Robert Maheu is well known in Las Vegas for cleaning it up and of course his involvement with Howard Hughes. Robert Maheu was the honorary guest of Steve Wynn to cut the ribbon on his new casino which was built on Howard Hughes old property. The Las Vegas Review Journal decided to write a negative article on Robert Maheu taking the reigns at CMKM Diamonds. Shortly afterwords at the Las Vegas Motor Speedway there was NASCAR racing and CMKX decided to spend over $800K on billboard which said "GOT CMKX?" and just happened to be twice as large as the billboard next to it that happened to be the Las Vegas Review Journal. For a company with no money and a CEO who was badmouthed in his own territory, they sure came up with a lot of dough for a one day advertisement, there was an accident that day also and you could see the GOT CMKX billboard and every main stream media that showed the car accident.
CMKM Diamonds is moving forward.
The Listener from Years ago.......
Now we have Kevin West in charge of the company to make you believe that the company doesn't really have any assets. $500 in a checking account? His job is to sell this to you poor shareholders who were sold a bill of goods. They went so far as hiring Mark Faulk to write a book, I recall it was the Owner's group who paid him to do the book. In the end they blame Urban Casavant and D Roger Glenn for issuing unregistered shares. From what it appears, they did, but probably when they realized they lost control of the company and did it in a panic. The blame goes on the former officers of the company and the issue of the naked short is never addressed by the Tyler group. Conveniently you are led to believe that the naked short shares were really just unregistered shares that were issued by the former insiders. The brokerage firms who are represented by the DTC so long as they were able to buy enough shares to cover their short and give you a certificate are no longer on the hook. Would the SEC allow this? Probably to cover their negligence and make the problem go away.
I always asked Kevin why he would take this position if he is not even getting a paycheck? If the company has no assets and we are lucky to just get our money back, why not bankrupt it and let us take our tax loss each year to recoup our investment. Well, it appears that Tyler has not recouped much of anything in terms of assets, but they bought enough time to force probably a behind the scenes settlement in which a certain investment group was able to provide their shares to cover the short. Sad part is that we will never be able to prove it and they know it. Unfortunately though, they ran into a smart and tough group of shareholders that don't know how to take what they are being fed. For years they have had guru's go out there and speak of huge payouts, while Kevin would go out there and shoot them down. Everytime the guru's price and time frame would come and go with nothing, and Kevin would be proven correct. Slowly but surely some of the shareholder base would get worn out and start believing Tyler. However certain die-hard shareholders just won't give it a rest, they still believe their is a huge pot at the end of the rainbow. The problem is, there probably was, it's just that it went to them and not you. So the only way to do this is to play good cop, bad cop.
The good cop will be played by Al and bad cop will be played by Tyler, Kevin and Bill. The good cop tells you everything you want to hear and plays into your ultimate dreams of great wealth. Remember the good cop use to do work for the company. Surprisingly the bad cop doesn't say anything when normally they are the first ones to address rumors. The good cop has credibility because he is willing to file a Federal lawsuit, remind you, to subpoena the very people at the SEC who covered this up. This time they are using shareholders as plaintiffs that everyone can relate too. The problem I have with this is that the lawsuit is for such a ridiculous amount of money that no credible financial journalist is going to touch it. Like a reporter from Bloomberg or the Wall Street journal is going to entertain a $3.7 trillion dollar lawsuit for a penny stock that has $500 in their checking account, and former insiders who issued unregistered shares of stock, a world reports website backing it, they would lose any respect and integrity people have for them as a financial reporter. Bottomline, they wouldn't touch it with 10 foot stick because it stinks too much and is rather humorous in their eyes. The good cop knows that from the start, he has to play the role, but he doesn't want too much attention, if you make the suit reasonable you might get coverage, but if you make it ridiculous you will get none. The good cop leads you down the path, using the plaintiffs who are shareholders you trusted, whether the plaintiffs know they are being used is still a question mark. I've never seen a case where the attorney doesn't have a problem with plaintiffs stirring up the shareholder's hopes and then dashing them every week with no communication. Don't you find it odd that the good cop never directly tells you anything and uses plaintiffs to communicate on message boards and give updates. Your told when things don't happen that you shouldn't have listened to them, like it's your fault. At the same time the bad cop is quiet and is allowing this to happen when he never tolerated it before. In the end the case will get thrown out because they don't have the facts to support the case, conveniently they never give us the amount of money in the trust, the name of the trust, the trustee, etc but they are going after it. We can't even get the names of the 3 Chinese companies they did the deal with. Why would that be such a secret if it is true? The plaintiffs are made to look like a circus act. Sunday one plaintiff says a penny a share, Al will update Monday, Monday another plaintiff says no update today, Al will update on Tuesday, Tuesday another plaintiff says no update we have to wait for Al to get confirmation.
IMO the bottom line is that we are all being led down this path for the ultimate disappointment. Most of us if this doesn't pan out would feel that we had a good run for our money since Al filed a Federal lawsuit and if their was money in a trust we would have gotten it. Basically it would be the final nail in the coffin and make most of us go away and with a lot of egg on our faces with the world reports reporting and the ridiculous lawsuit being thrown out of court. Kevin could then come back and say unfortunately I told you so, no one believed me, now I am the only chance you have left and you will take it because you have no choice. It just plains sucks, we've been used, we've been taken advantage of by the people we trusted who had their own agendas and interests at heart. If they did what I believe they did, they could have at least shared some of the wealth with all of you good, hard working people especially because without you they couldn't have made it work. It's not right and no one seems to give a d**n because they are too busy covering their own tracks. They want us to believe that we are 40,000+ foolish shareholders and are trying to make us look so foolish that we will go away. We all know in our hearts and minds that we put our hard earned money in this investment because we understood their was an injustice in the marketplace taking place.
We believed in our leaders, our government, our systems, our regulations and our laws. It's too bad the people who are supposed to carry out and enforce these laws don't do their jobs, they are corrupt and this country will go to hell because of it.
Thank you for listening, God Bless you all, you all deserve better.
Sincerely,
TheListener
18 Apr 2009, 10:52 PM EDT
Rating: Msg. 826917 of 827007
(Reply to 826916 by aladin99)
ivory give me a break. The Listener is on the advisory board. Do your homework and you might figure out who it is. The Listless is another fool.
THE LISTENER (now supposedly on the advisory board)
2006??
I have to agree that it is time for the company to pay shareholders a dividend even if it’s token to acknowledge that the company is viable and willing to apply pressure on the short. I look back when Kevin West was on the CMKM Taskforce and he told me that the company would be putting out a PR on a day when I was talking with him. The attorney’s told Urban that the PR would be out that day and it never happened. I asked Kevin what happened and he told me that Urban was even surprised it didn’t come out. He explained his frustration with the lack of communication from the company to shareholders. He told me that the attorney’s are running the show and not even Urban can decide when a PR is issued. Basically the attorneys have a task at hand and they could care less what the shareholders think because they have a job to do and that is all that matters, their success ultimately is our success. They refuse to show any part of their hand for whatever it is they are working on. The shareholders are locked in and basically everyone must trust the team whether they like it or not.
I find it rather ironic that Kevin who is a shareholder is now the interim CEO and by position must have a better insight as to what is going on. Kevin believes in communication, he really does. Interestingly enough now that he is on the inside, he is not allowed to communicate because of the attorneys. He might not like it, but he understands why. Kevin is a shareholder and believe me, if he is okay with it, so am I. Kevin stated to me while on the CMKM Taskforce that CMKM had substantial assets. He confirmed to me that there was no way he would be spending all of his time and effort if the only asset was Entourage. The SEC basically warned the CMKM Taskforce that if they tried to tell everyone to pull their stock certificates that the SEC would try to charge them with market manipulation. The attorney’s in turn created a transaction which was clever enough to force a stock certificate pull and that is really the only reason why the Entourage deal was done. Not because it was the “only” asset, there are other assets but because it was the only way to get a stock certificate pull underway.
Key point here, I asked Kevin if interpleader was something that was thought of after the stock certificate pull was pretty much near completion. Kevin made it very clear to me that interpleader was the goal from day 1. Basically Robert Maheu told everyone in a meeting that the goal of the CMKM Taskforce was to identify and cert as many CMKM shareholders as much and accurately as possible. The goal was to provide him with a list that he could take to interpleader. Basically different attorneys would be used for different tasks depending on where we were in the overall plan. It was my understanding that despite the PR that Stocklein and Maheu were no longer part of the CMKM Taskforce that they were still consulting with the company. Kevin made it very clear to me that he was extremely confident in what the company was doing because as far as they were concerned they were successful in certing enough shareholders to move forward with interpleader. We knew of the holdouts and that would be addressed through interpleader if they wouldn’t cooperate. The fact that interpleader is not filed could be an indication that we are getting some cooperation.
Kevin and I, identified the issue of broker/dealers hiding stock certificates from the CMKM Taskforce. It was obvious to me that the company had some sort of open ended settlement. The reason being that why would the attorneys need to keep their own set of data on shareholders when the transfer agent had the data. Faxing in our stock certificates to the law firm for verification made no sense to me if we are already verified by the mere issuance of our stock certificates with the transfer agent. Also why would the brokerage firms who did order stock certificates and had the shares hide them from the CMKM Taskforce. What would be the purpose of hiding them in their vaults unless by giving them to shareholders and in turn the shareholders faxing them into the law firm created a liability for them. The fact that the DTCC cleared out all of their CMKM was also very interesting. Basically CMKM in the process of distributing Entourage and any other assets would not be using the DTCC. Why would that be? I understand that CMKM is revoked and is a private company and should not use the DTCC, so then brokerage intermediaries have no reason to be holding electronic shares and should have issued certs to their clients. I suspect that if CMKM has settled with the DTCC it could not give the Entourage and any other assets, including settlements, back to the DTCC to distribute. That is why everyone had to fax in to the law firm because ultimately distribution would have to be done through them and not the DTCC.
My purpose here is to try and give a better insight as to where we were and where this is going. It’s obviously going forward. I myself get very impatient at times, however when I put it in perspective, there is progress. The cert pull has identified what brokerage firms are naked short, which is critical if this has to be taken into the courts. Nevwest has been busted along with Edwards for their part in all of this. The fact that Nevwest sold 259 billion shares of stock clearly explains why CMKM issues more and more shares to make sure the company retained control with all these additional shares in the market. Shareholders should be intrigued with the fact that these restricted shares were recommended by Frizzell to Stocklein to be null and void for violating the company’s restricted stock rules and therefore if done would not only lower the number of shares issued and outstanding, but also create a naked short. If these shares are counted currently in the Taskforce count and now are to become null and void, what is the true count. Also if the company had shares in the treasury that were sitting there to offset a hostile takeover, how many of those shares can be retired now that the threat has been addressed. If 259 billion shares were wrongfully issued, and the company issued the same amount to the CMKM treasury to offest it, what if 518 billion shares are eliminated or retired. Then if there is hardly any float and the naked electronic shares is very high, this could skyrocket the book value of our shares. The naked short, if held by the company, could give us a multiple of our current value. Understand that if the company issues a dividend it means outright “war” and there is no more room for negotiations for those who are short. A dividend is a punch made directly in their face. It is the last resort option, we would like a “settlement” and a peaceful interpleader that pays us nicely. A settlement is better than a dividend, but I must agree with shareholders as to they have had a enough time. It’s time to inflict some serious pain if they can’t make good on what they sold to the public. Where the line is drawn, only the attorney’s know. I am confident in what I know, and therefore I am more intrigued with how this will play out rather than when am I getting paid. I’m more in the mode of how much will I be paid rather than when will I get paid.
Very key points that need to be known this late in the game. 1. do we have assets? 2. is there a naked short? 3. does the company own the naked short?
Well according to the recent conference call Kevin addressed my questions. 1. He said the Emerson Koch he recently met with and felt comfortable with what is has done. Basically Emerson in my opinion verifies the assets and well as my previous conversation with Kevin that CMKM has substantial assets. 2. Kevin outright said there is a naked short and he identified them with me who they were. Etrade, Ameritrade and TD Waterhouse. I also verified through a phone call to the transfer agent that these firms were playing games with their clients that they ordered certs and they were quote “lost” when in fact they never placed an order with the TA for a cert. 3. Most importantly Kevin said on the conference call that the naked short could give huge valuation to shareholders. The only way that could give bonafide shareholders valuation is if electronic shares are owned by CMKM.
I have been silent for a long time because I am confident in where this is going. I’m not happy with the constant delays, but understand it is not the company creating the delays, it is the non cooperation of the brokerage firms. The attorneys are running the show, I am glad they are running the show. We are obviously close to getting a conclusion on this saga. I could care less if the whole market place gets cleaned up, all I care about is us getting paid. I bought CMKM to make money not clean up the marketplace. It is not CMKM’s responsibility to clean up the marketplace. It is the government that is responsible. If they have to pay us to shut up, I’ll take it. Other companies and their shareholders need to step up and determine their own destiny.
It is the sad reality of the situation, but let’s be serious, if CMKM locked in the shorts and it get’s us paid that is all that matters to me. Call it selfish, I don’t care, I’ve been in this long enough and all I want is the payoff.
The Listener
From the Listener (Nov.5, 2006):
A note from Listener.
Hi Stormgrey,
Couldn't sit back and watch the BS circulating around about Nov 3 and PR coming. Everyone is getting disappointed with the company and the disappointment has to do with people on message boards that have their own agenda. What everyone needs to realize, which the company clearly stated in a recent PR, is that they should not get their information from a message boards but only from official press releases from the company. The company is diligently working and doesn't need impatient shareholders threatening class action lawsuits, that is what would delight shorts who have not settled who like to see the heat turned off of them. Basically the company is going after the culprits and the culprits are cultivating angry shareholders via message boards to get impatient. The goal of these culprits is to have the company move on without them paying us. It isn't going to happen.
Everyone needs to take a step back and realize that our situation is very real. Patrick Byrne's face on the CMKM Task force website with a complete tutorial on Naked Shorting is not a coincidence. Neither is the fact that his father runs Geico for Warren Buffet, who just recently donated his fortune to the Gates Foundation. Do you really think that Patrick Byrne who has made progress with Senators, the media and the courts would associate himself with a supposed scam.
Everyone needs to remember the little battle with the naked short issue when it hit CNBC with Jim Cramer and Herb Greenberg, who by the way received subpoena's and they had Patrick Byrne on CNBC the following day. They kept interrupting him, so he told everyone that every time he cannot speak, he will hold up a sign with a link to a website that everyone should go to and read if they want to learn about naked shorting. It was www.thesanitycheck.com which leads right to Mark Faulk who happens to be writing the book for CMKX. Now how is it that Patrick Byrne puts his face on our website and links you to the author of the CMKX book. Sounds like when CMKX hits he wants to show what can happen when regulators don't do their job and will give him even more credibility about the problems in the marketplace.
Everyone needs to know that brokerage firms are being forced to enforce violations of Regulation Sho with action against clients who are naked short. They also need to know that is has been expanded to pink sheet companies and new electronic systems are being put in place to ensure that BEFORE anyone can short a stock, it must be in the brokerage firm's inventory and is eligible to be borrowed against. I don't see how D Roger Glenn who helped write some of the SHO regulation became associated with CMKX unless there was an issued with naked shorting.
Everyone needs to realize that Robert Maheu who is the former CIA agent, runs Robert Maheu & Associates, his company helps train FBI and CIA agents as to how and identify money laundering. I find no coincidence that the NASD recently charged Nevwest Securities with violating anti-money laundering rules and it just so happens to involve CMKX.
Everyone needs to realize that the Resident Agent for the company Steve Oshins reached out to CMKX shareholders to open up trusts with him. In fact, he even offered to discount his fees 50% to get you to do it. He is also the same person who wrote the law to allow Dynasty Trusts in the Great State of Nevada. Look at the Clark County website and see the names of individuals who spent money to open up these trust accounts and the only asset in there is CMKM Diamonds common stock. Also check out Steve Oshins website and you will notice that his clients have a minimum of $5 million dollars and he has a few billionaires. I don't see how or why he would associate himself with CMKX if it were a scam.
A funnier note, Robert Maheu is well known in Las Vegas for cleaning it up and of course his involvement with Howard Hughes. Robert Maheu was the honorary guest of Steve Wynn to cut the ribbon on his new casino which was built on Howard Hughes old property. The Las Vegas Review Journal decided to write a negative article on Robert Maheu taking the reigns at CMKM Diamonds. Shortly afterwords at the Las Vegas Motor Speedway there was NASCAR racing and CMKX decided to spend over $800K on billboard which said "GOT CMKX?" and just happened to be twice as large as the billboard next to it that happened to be the Las Vegas Review Journal. For a company with no money and a CEO who was badmouthed in his own territory, they sure came up with a lot of dough for a one day advertisement, there was an accident that day also and you could see the GOT CMKX billboard and every main stream media that showed the car accident.
CMKM Diamonds is moving forward.
The Listener from Years ago.......
Now we have Kevin West in charge of the company to make you believe that the company doesn't really have any assets. $500 in a checking account? His job is to sell this to you poor shareholders who were sold a bill of goods. They went so far as hiring Mark Faulk to write a book, I recall it was the Owner's group who paid him to do the book. In the end they blame Urban Casavant and D Roger Glenn for issuing unregistered shares. From what it appears, they did, but probably when they realized they lost control of the company and did it in a panic. The blame goes on the former officers of the company and the issue of the naked short is never addressed by the Tyler group. Conveniently you are led to believe that the naked short shares were really just unregistered shares that were issued by the former insiders. The brokerage firms who are represented by the DTC so long as they were able to buy enough shares to cover their short and give you a certificate are no longer on the hook. Would the SEC allow this? Probably to cover their negligence and make the problem go away.
I always asked Kevin why he would take this position if he is not even getting a paycheck? If the company has no assets and we are lucky to just get our money back, why not bankrupt it and let us take our tax loss each year to recoup our investment. Well, it appears that Tyler has not recouped much of anything in terms of assets, but they bought enough time to force probably a behind the scenes settlement in which a certain investment group was able to provide their shares to cover the short. Sad part is that we will never be able to prove it and they know it. Unfortunately though, they ran into a smart and tough group of shareholders that don't know how to take what they are being fed. For years they have had guru's go out there and speak of huge payouts, while Kevin would go out there and shoot them down. Everytime the guru's price and time frame would come and go with nothing, and Kevin would be proven correct. Slowly but surely some of the shareholder base would get worn out and start believing Tyler. However certain die-hard shareholders just won't give it a rest, they still believe their is a huge pot at the end of the rainbow. The problem is, there probably was, it's just that it went to them and not you. So the only way to do this is to play good cop, bad cop.
The good cop will be played by Al and bad cop will be played by Tyler, Kevin and Bill. The good cop tells you everything you want to hear and plays into your ultimate dreams of great wealth. Remember the good cop use to do work for the company. Surprisingly the bad cop doesn't say anything when normally they are the first ones to address rumors. The good cop has credibility because he is willing to file a Federal lawsuit, remind you, to subpoena the very people at the SEC who covered this up. This time they are using shareholders as plaintiffs that everyone can relate too. The problem I have with this is that the lawsuit is for such a ridiculous amount of money that no credible financial journalist is going to touch it. Like a reporter from Bloomberg or the Wall Street journal is going to entertain a $3.7 trillion dollar lawsuit for a penny stock that has $500 in their checking account, and former insiders who issued unregistered shares of stock, a world reports website backing it, they would lose any respect and integrity people have for them as a financial reporter. Bottomline, they wouldn't touch it with 10 foot stick because it stinks too much and is rather humorous in their eyes. The good cop knows that from the start, he has to play the role, but he doesn't want too much attention, if you make the suit reasonable you might get coverage, but if you make it ridiculous you will get none. The good cop leads you down the path, using the plaintiffs who are shareholders you trusted, whether the plaintiffs know they are being used is still a question mark. I've never seen a case where the attorney doesn't have a problem with plaintiffs stirring up the shareholder's hopes and then dashing them every week with no communication. Don't you find it odd that the good cop never directly tells you anything and uses plaintiffs to communicate on message boards and give updates. Your told when things don't happen that you shouldn't have listened to them, like it's your fault. At the same time the bad cop is quiet and is allowing this to happen when he never tolerated it before. In the end the case will get thrown out because they don't have the facts to support the case, conveniently they never give us the amount of money in the trust, the name of the trust, the trustee, etc but they are going after it. We can't even get the names of the 3 Chinese companies they did the deal with. Why would that be such a secret if it is true? The plaintiffs are made to look like a circus act. Sunday one plaintiff says a penny a share, Al will update Monday, Monday another plaintiff says no update today, Al will update on Tuesday, Tuesday another plaintiff says no update we have to wait for Al to get confirmation.
IMO the bottom line is that we are all being led down this path for the ultimate disappointment. Most of us if this doesn't pan out would feel that we had a good run for our money since Al filed a Federal lawsuit and if their was money in a trust we would have gotten it. Basically it would be the final nail in the coffin and make most of us go away and with a lot of egg on our faces with the world reports reporting and the ridiculous lawsuit being thrown out of court. Kevin could then come back and say unfortunately I told you so, no one believed me, now I am the only chance you have left and you will take it because you have no choice. It just plains sucks, we've been used, we've been taken advantage of by the people we trusted who had their own agendas and interests at heart. If they did what I believe they did, they could have at least shared some of the wealth with all of you good, hard working people especially because without you they couldn't have made it work. It's not right and no one seems to give a d**n because they are too busy covering their own tracks. They want us to believe that we are 40,000+ foolish shareholders and are trying to make us look so foolish that we will go away. We all know in our hearts and minds that we put our hard earned money in this investment because we understood their was an injustice in the marketplace taking place.
We believed in our leaders, our government, our systems, our regulations and our laws. It's too bad the people who are supposed to carry out and enforce these laws don't do their jobs, they are corrupt and this country will go to hell because of it.
Thank you for listening, God Bless you all, you all deserve better.
Sincerely,
TheListener