Post by imSINGLEruRICH on Mar 18, 2007 20:40:59 GMT -5
go2guy
TDEM Flyover Pilot Level 1
Let's clear up some confusion..
« Thread Started on Yesterday at 10:50am »
I'm hearing alot of concern about Bill Frizzell filing a lawsuit. People are concerned that it will cause delays or tear the Company apart.
I think there's a misunderstanding here. Let me try to explain how I see it...Understand that I may be way off, but there is some confusion..
First of all there is a group that controls the direction/fate of CMKM Diamonds....guys we don't see...They are preventing the company from moving forward. Edwards, Desormeau, Taulli, and others. We need the interpleader done to get these fools out of the way so we can move forward.
Secondly, UC may or may not be involved with the first group. He has done some pretty devious things he needs to be held accountable for...However, it appears that he is cooperating with Kevin West in trying to resolve this issue for shareholders.
Thirdly, the company has been stripped down to the bare minimum to keep assets separate from the first group of guys...
This is why Donald Stoecklein has the Entourage Certificate and why Ed Dhonau settled his transaction for the USCA Ecuador project in Stoecklein's office. IMHO, Stoecklein is holding these items in safekeeping for the Trustee...He may or may not be holding settlement money from brokerages and other entities for those shares that needed to be "bought in". I believe that we will hear from Mr. Stoecklein when the time is right.
Now, why are we here at this point in time talking derivative lawsuits? Because the guys in the first group are not living up to their gentlemen's agreements and either (1) settling their debts or (2) relinquishing their restricted shares or (3) giving up control of the Company.
In order for us to see anything, the true bonafide shareholders of CMKX must be identified...we need the interpleader.
In order to see the interpleader filed, we need the guys in the first group to get off their seats and let the process go through.
In order to get the guys in the first group to get off their seats and let the process go through, Bill Frizzell or somebody else has to make inaction far more painful than resolution of this issue.
So, if you wish to continue to live in Fantasyland expecting a payment from the guys in the first group.. forget it. If your waiting for the Trustee to reward the shareholders before the guys in the first group are gone...forget it.
Now, why is Acca here? Why is Mano here? Why does a guy from Belgium know about amounts and payment...Phxgold showed you that there was an individual insider from Belgium known to short this stock and if you've done your DD, you have certainly come across the rather large Belgium following that this individual perhaps scammed into this stock while he dumped. Mano is not this individual, but he's getting information from a shady source, IMHO.
What does the group in the first paragraph want? They want the Trustee to pay out without an Interpleader. Why? Because it splits up the assets among the shareholders and themselves..Then, the company (controlled by group 1) decides to disolves..they don't pay a cent for shorted shares and they get to go away scott-free.
So, do you get it now? Do you understand why we hear about amounts and dates? Do you see whose interest that serves?
Bill Frizzell has insight into what is wrong and how to attack it. I've been telling you all this for awhile...This is far from over and it won't be over (in a way that has the most positive results for bonafide shareholders) until someone goes after the head of the beast!
If you want to see what needs to happen, just look at USCA! Urban is gone, Dhonau is gone, Woodward,Williams, Tauli, Walters...gone.
Once the interpleader is over, new ownership of the company is determined, decisions are made about either paying out the assets or keeping them within the Company need to be made...Perhaps we can go back to the Diamond exploration stage then. Then the Regulatory issues need to be addressed..then maybe we can begin to trade....We've got alot of time to think about it and the longer we are delayed by these fools in the first group..the longer we're going to be sitting here on our seats kibitzing over wether Cautious or Acca, Mano or Leo Wanta knows a d**n thing.
Just My Humble Opinion!
