CEO Update 11-1-07

[soonerlew]

BD posted this update.....

CEO Update and SGGM-CMKM checks! 11-1-07
« Thread Started on Today at 7:59pm »

--------------------------------------------------------------------------------
11-01-07
To all CMKM shareholders:

Many rumors of funds payable to Company shareholders are still circulating. There simply is no truth to these rumors as stated in several statements from the Company up to and including the last FAQ posted on this website on October 30, 2007:

“Lawsuits were filed against former insiders of CMKM in an attempt to recover assets that should have belonged to the Company. There is absolutely no evidence that any monies were ever set aside for some type of distribution to the shareholders. The facts set out in the exhibits to these lawsuits are based on documents the company has obtained since Urban Casavant resigned as CEO of the company. The evidence obtained by the company since March of this year shows millions of dollars that have gone to family members and other insiders and were not spent on the business of the company."

It has come to my attention that the SGGM transaction has been the source of many present rumors suggesting payouts loom for the shareholders. I have on this date posted several documents which we obtained through the discovery process of our lawsuits. The evidence we have obtained indicates the St. George Metals, Inc. transaction with CMKM Diamonds, Inc. was never consummated. There is no evidence that St. George Metals, Inc. exists today for any purpose. The corporate status was revoked on April 1, 2007.

Sincerely,
Kevin West
CEO, President & Chairman



Documents: www.cmkmdiamondsinc.com/documents/sggm-cmkm-transactions.pdf

www.cmkmdiamondsinc.com/documents/sggm-cmkm-transactions.pdf

www.cmkmdiamondsinc.com/ceoupdates.php

[imSINGLEruRICH]

New info.....Always leaves shareholders with more questions??

By: imsoweary
01 Nov 2007, 09:55 PM EDT
Msg. 619922 of 619963
(This msg. is a reply to 619851 by nufced.)
Jump to msg. #
nufced, if the account was opened with only $1 million, then how could they write checks totaling $10 million? There must have been other deposits made to SGGM's account, by whom and when? Were the checks written to Urban and Carolyn for $3 million each the source for $6 million of that. Edwards was the source of $1 million, leaving at least $3 million to be accounted for. We need to see SGGM's bank statements.

I'd like to see the back of those checks to see when they were actually deposited. They were indeed deposited. You can see the OCR coded amounts in the bottom right corner. Edwards check is redacted so you can't see the OCR code on it.

How is Kevin able to claim the deal was not consumated? Real money did exchange hands. Were the SGGM shares never issued? If anyone has his ear, I would like to know what evidence they have obtained that indicates the St. George Metals, Inc. transaction with CMKM Diamonds, Inc. was never consummated.

[soonerlew]

Check this out from Pedro..

pedro2004 said:

Quote:U.S. CANADIAN MINERALS, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2005
(CONTINUED)




On September 21, 2004 the Company issued through a subscription agreement 1,200,000 shares of its common stock for $6,000,000 from Urban and Carolyn Casavant, affiliates of CMKM Diamonds, Inc. On the same date, the Company issued a check for the amount of $5,000,000 to CMKM Diamonds, Inc.

On September 22, 2004 the Company issued through a subscription agreement 600,000 shares of common stock at $5 per share for $3,000,000 from Corrine Ward. On the same date, the Company issued a check for the amount of $3,000,000 to CMKM Diamonds, Inc. These payments relate to the acquisition of an additional interest of 5.34% per the Option to Purchase Agreement.

www.sec.gov/Archives/edgar/data/1104194/000111776807000012/mainbody.htm#22

[soonerlew]

There were copies of the checks also but, sorry, don't know how to move the images over here....

[eastcoastswing]

Seems like more smoke and mirrors. Funny too that he would respond to this and not all the other questions that people have that have gone unanswered..Something seems off.

What does Spiderman have to say about this? )

[hundredtoone]

This stock reminds me of a SHELL GAME...first they show you the CARD(like the SGGM transaction)...then they move it around REAL FAST like the CLAIMS we HAD...soon you are not sure WHERE the CARD is but you are SURE you once saw it...and the SEC has been watching this GAME for YEARS...and so has the TWINS...YEARS AND YEARS...so in the end we may find the CARD is not where we thought...but it is STILL THERE...the MAGICIANS that have kept us from seeing our CARDS are going to reap the WHIRLWIND if they do not finish up SOON...IMO...Flying Moose(cmkxunofficial)