lizzo
Diamond Finder
This is where we are imo.- Stormgrey
« Thread Started Today at 12:53pm »
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This is where we are imo.- Stormgrey
"CMKM Diamonds CEO Mark Faulk stated, “This joint venture agreement is another step in our ongoing efforts to return viable assets to CMKM Diamonds. Rights to the remaining claims were retained because they showed the greatest potential for diamonds. Many shareholders originally invested in CMKM because of this potential, and we believe it is in the best interest of Company and its shareholders to pursue this opportunity to benefit from any real value in the remaining claims. The New Corp. intends to begin testing on existing core samples from the remaining claims in the very near future.”
"Rights to the remaining claims were retained because they showed the greatest potential for diamonds."
"Rights to the remaining claims were retained"
Sure seems like Faulk is admitting he knows that this was an preconceived plan to protect the claims for the company and not that they were simply "given" to 1010 to hide. Certainly doesn't appear that we had to fight to get them back, and how contradictory would it be to let Koch be the sole operator of these claims moving forward if in fact he was scheming with Urban to steal these claims away from the CMKM shareholders?
As far as I can tell, there certainly seems to be a good relationship between CMKM and Koch both then and now. Heck, even Faulk told us that Kevin met and thought very highly of Koch and that we were extremely lucky to have him on our side to protect the claims.
Now couple that with the fact that because the SEC threatened to charge the company with manipulation if they did a cert pull, they came up with a clever and legal way to justify it. The cert pull forced the NSS problem onto the forefront and exposed just how big of a problem CMKM had with obtaining legitimate certificates. It also functioned as a way to protect the most probable valuable claims.
They knew the company would never be able to distribute the Entourage shares to the CMKM shareholders because they wouldn't be able to determine the share structure until the the NSS was settled, also that the claims wouldn't come back to CMKM until the NSS was settled. At that time we would return the shares to Entourage.
1. The NSS must have been settled because we now have the claims back.
2. Obviously the share structure must be known since the NSS has been settled.
3. It only makes sense to assume that we must also have completed financials and are ready to trade again in one form or another. Did you notice the Safe Harbor statement tacked onto the bottom of the PR? Well that's normally required for registered publicly trading companies.
Lastly, Kevin and Falk don't have that many shares between them. Faulk waved any payment and instead said that Kevin was giving him some shares - remember that? Out of one side of his mouth he was saying we have nothing and the shares are basically worthless, yet out of the other side of his mouth he said that Kevin said he would give him shares of the company....... LOL.....
Everyone quits their full time jobs and dedicate their lives to this little old defunct pink sheet scam company....with only $588 in the bank. LOL!
Our shares have to be worth A LOT OF MONEY IMO.
Storm
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Tiffany
Thank you for tying it all together with the information that you know Storm. Did you ever catch wind if the samples have already been tested..or do you think that they have? I am hoping that this is something that was already done behind the scenes as well. I was wondering (as I am sure everyone is) if we have months or years to go now that the company has released an official statement. Just call me impatient. [image]
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Tiffany,
I'm going with the assumption that the core samples have already been examined - a very, very, long time ago. I have no proof of that, just my gut.
Having said that, I'm also assuming we are futher along than most people think we are. I add to that thought the fact that the company has just put out an official PR with a Safe Harbor statement as well. We haven't seen one of those in a long, long, time.
Storm
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hermannmaier0
Stormgrey. a poster named Peter in 2007 posted in pb88 that he had talked to Koch, and reported Koch as saying ""we still have some good kimberlites". I think that supports your thoughts of claims "retained" for us by Koch.
The Carolyne pipe did get further testing by shane resources and was published in Jan. 2008. I just saw that today for first time. It looks like 6 more microdiamonds were found in about 460 pounds of dirt.
www.staruranium.com/images/stories/Jan_22_2008.pdfthats not much dirt, albeit no macrodiamonds were in that small sampling, it further confirms the diamondiferous aspect of that smeaton pipe. I dont know if carolyne is part of our returned rights or not.
I think this whole turn of events is great. Cant wait to see how the details pan out.
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In reference to any core test results we have not been privy to - IMO the most probable diamondiferous content of the core samples has been held back until everything else has had the opportunity to be put in place. This only makes sense if the expectations were/are that there is significant evidence of diamonds in the remaining "untested" cores.
Storm
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sully47
storm....also, financial reporting was IMPOSSIBLE with the naked short plus Sorbanes-Oxley (sp?). No CPA firm in their right mind would do our financial filings!
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That's what I was referring to when I said "they wouldn't be able to determine the share structure until the the NSS was settled". I'm guessing that all has been nicely packaged and ready for announcing soon.
Storm
gusjarvis
King of Diamonds
Re: This is where we are imo.- Stormgrey
« Reply #1 Today at 1:02pm »
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all could not be better with emerson on board, it simply says everything we dd in the past is about to come true. It is only a matter of how much they paid for the certs and if we get to move on how many shares do we get or was it a buyout. My feeling is it is exactly what we thought; nss payment, partial buyout of some claims, and move on with some rr's. Lets see.
But they better not play dumb anymore, and no more urban is a crook chit, or emerson stole just some of our claims. It better be time for the games to be over.
madness2k
Diamond Finder
Re: This is where we are imo.- Stormgrey
« Reply #2 Today at 3:51pm »
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Well I agree Storm, also I don't post a lot in fact I just lurk and read all the rumors, and wait quietly like all of us SH. I have seen post in regards to how are they going fit 703b share into 100m share (from the company PR). Now IMHO and a very strong IMHO I think this is how they are going to do it.
Recently we all heard and were talking about citi and the mysterious CMK that happens to be on our certs. Now about the CMK Trust is this something competly differnt perhaps, but perhaps not. Remeber the 7.33 ratio, well if we do math and you take 703b divide it by 100m you (7030) an intresting figure can 7030 really be 7.3. a reverse split of the total shares you own by 7.30 can take us into 100m shares. I believe the deal was struck we will get a settlement for damages, in return the company will do a reverse split going into the New Corp with 100m share (CMK) pehaps and we will IPO onto the board and will be off and running. Agin this is my IMHO all the best CMKM Shareholdes may we all rejoice soon, God Bless.
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