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Post by johnjrambothe2nd on Apr 22, 2010 15:02:10 GMT -5
www.cmkmdiamondsinc.com/corp_index.html
April 22, 2010
CMKM Diamonds, Inc. Update
CMKM management would like to take this opportunity to update shareholders on the following items:
Transfer Agent… There are now over 6,300 online security holder accounts set up with our new transfer agent. Transfer Online has done an outstanding job to get this far along being that they have had to take the extra time to answer hundreds of phone calls and well over one thousand emails since they were announced on April 8th. You are not required to set up an account at this time with the Transfer agent.
The company has been asked if there are any preferred shares authorized, issued or outstanding. Please be advised that CMKM Diamonds, Inc. has only common stock. There are over 48,000 known shareholders holding well over 60,000 certificates.
Texas lawsuit… On Tuesday, April 20, 2010, CMKM appeared in the 7th Judicial District Court in Tyler, Texas and was awarded a judgment of $28,355,411 against the plaintiffs in exhibit “J” of the filed judgment. (Link) On March 25, 2010 CMKM was awarded a judgment (Link) to cancel all outstanding issued shares in the names of the defendants.
The Company’s general counsel has issued this comment following the Court's actions Tuesday.
"CMKM management has an obligation to pursue any party responsible for damage to the Company. Our investigation to date has involved the acquisition of hundreds of thousands of pages of financial records obtained through subpoenas as well as sworn depositions of numerous insiders, promoters and legal representatives. Cooperation with law enforcement and regulators is ongoing. Through this expensive and time consuming work, the Company has acquired evidence which is difficult to dispute by those that illegally profited from their actions. The paper trail left by those that profited from their illegal stock acquisitions is quite clear and additional legal actions are planned against other individuals. There has been very little cooperation from prior management and those insiders and promoters that profited from the stock dilution of the Company. We strongly encourage those that have information helpful to the Company to come forward and assist the company in its rebuilding. The Company fully intends to pursue collection of this judgment and all prior judgments obtained by the Company."
The Company hired James E Lowden who is coming to CMKM Diamonds with over 25 years of executive experience in Business development, Real Estate development and Crisis Management. Known for crafting strategic visions to achieve business goals, Mr. Lowden offers a unique blend of executive acumen, team building and solution development crediting strong return of investments and operational systems. Mr. Lowden’s background in commercial development will assist CMKM in our Real Estate transactions. Mr. Lowden has accepted the role of Chief Operating Officer and Interim Secretary / Treasurer for a period of two years. |
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laser
Diamond Hunter
Posts: 48 
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Post by laser on Apr 22, 2010 15:18:16 GMT -5
Strange, the company has no money, yet they can hire a new transfer agent and a new COO for the next two years??? Again, no official mention of how many shares are outstanding, yet they know how many shareholders and certificates there are??? Also, no mention of Al's lawsuit or work on our behalf??? Real estate transactions??? I guess all remains "normal" in CMKX land.  |
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Post by loganwolverine on Apr 22, 2010 15:43:11 GMT -5
Why can't they tell us why they have a new transfer agent. What is the reason? No BS, just say it. I don't get how or why everyone involved in cmkx plays games and riddles. This PR says nothing. Just more smoke and mirrors. CMKX is no closer to trading now than from the first day it got halted. Pretty Sad, yet there will be the pumpers coming out of the woodwork to support the first rumor that hits the table.  |
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bloo40
Diamond Finder
Posts: 63
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Post by bloo40 on Apr 22, 2010 15:47:18 GMT -5
ROTF!
Yep, Sounds normal to me too!
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Post by enoughalready on Apr 22, 2010 15:47:22 GMT -5
Is this when Eton Properties will come into play?
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laser
Diamond Hunter
Posts: 48
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Post by laser on Apr 22, 2010 16:08:26 GMT -5
Is this when Eton Properties will come into play? Who knows? Not sure where else Eton Properties has real estate, but I live in Waynesville, NC where they own three parcels of vacant land totaling just over 20 acres. I can tell you that I'm looking out the window at it right now, and it's just sitting there. Not for sale or anything. Right in the middle of it sits a 4 story retirement condo community of 100 units. Eton owns the property surrounding this. (picture of the condo's here www.sherbertgroup.com/custom15.html) I don't think the property has much value. |
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Post by enoughalready on Apr 22, 2010 16:33:58 GMT -5
Why do all these messages coming out not give us the full story..."we strongly encourage anyone that has information to assist the company in moving forward to let us know"..ok that doesn't seem like we are getting paid any time soon...wth?
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Post by straighttalk on Apr 22, 2010 17:17:18 GMT -5
No one believes Tyler is only out for themselves. But you shall soon see. Our payout has nothing to do with Tyler TX.
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Post by sander25nl on Apr 22, 2010 17:25:40 GMT -5
exas lawsuit… On Tuesday, April 20, 2010, CMKM appeared in the 7th Judicial District Court in Tyler, Texas and was awarded a judgment of $28,355,411 against the plaintiffs in exhibit “J” of the filed judgment. (Link) On March 25, 2010 CMKM was awarded a judgment (Link) to cancel all outstanding issued shares in the names of the defendants.
when you look at exibit J , column E you see the $28,355,411.87 , representing 140BIL shares , sharevalue 0.000205
all those shares will be cancelled .
so imo 140 BIL shares will be cancelled
agree ?
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Post by beavis on Apr 22, 2010 17:42:33 GMT -5
No one believes Tyler is only out for themselves. But you shall soon see. Our payout has nothing to do with Tyler TX. That is good because Tyler has just told us the new transfer agent has nothing to do with the economic receipt payout. Agree, but I think the TA "had to be in place" as an option for those that had moved, etc. |
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Post by irwin4star on Apr 22, 2010 18:20:18 GMT -5
So, Urban can't give unregistered shares away, but Ameritrade can sell them. Hmmm.. Now you guys are putting together the pieces of the puzzle.
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Post by prospector777x3 on Apr 23, 2010 0:07:56 GMT -5
Wow...The Court gives a judgement in OUR favor and there is an INDISPUTABLE paper trail showing the perpetrators...and the company will take ACTION against ALL who have done the company wrong. I like all the recent developments!!!
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Post by imSINGLEruRICH on Apr 23, 2010 11:11:15 GMT -5
zieto
DIAMOND MINER
CMKX COO James E. Lowden, jlowden@nedwol.com
« Thread Started Today at 10:20am »
From CMKI Board:
CMKX's C.O.O., James E. Lowden, email address: jlowden@nedwol.com
Finally someone that can be contacted easily.(maybe)
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Post by thunkerdrone on Apr 26, 2010 18:11:43 GMT -5
Mr. Lowden’s background in commercial development will assist CMKM in our Real Estate transactions. Mr. Lowden has accepted the role of Chief Operating Officer and Interim Secretary / Treasurer for a period of two years. a mining company is talking about Real Estate transactions? Could this be some type of clue or hint? What do you make of this? |
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