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Post by Ed Jagacki on Aug 28, 2007 16:59:18 GMT -5
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Post by imSINGLEruRICH on Aug 28, 2007 21:18:14 GMT -5
Yep.... Kudos .....great job!!....Chris & mystery shareholder... that is the conversion plan!!.Not much in there ,compared to other ones I have looked at through DD. My one main reason(along with others) for pushing to see it was that in most all others I have looked at (of other companies) ....the voting result was published.... along with the o/s & a/s.... not in ours though. I think I know why.....I had come accross an admendment to a Texas code. from January 2006: The Code further provides for a simplified and standardized process in effecting a merger, exchange or conversion. Asto filing instruments, the Code does away with the need under prior law for certain entities to attach a plan of merger,exchange or conversion, as the case may be, and eliminates the need to specify actual voting results.Most everywhere laws state that the plan must be presented to Shareholders for a vote.... ?? How can this happen that we were not presented a plan or not asked to vote? Think I know why......There is always an unless........... so here it is. 1. Unless the board of directors , determines that there is a conflict of interest OR other special circumstances....... BUT even with that they are supposed to communicate the basis for it's lack of recommendation to us with the plan...... 2. or if the by-laws or articles of incorporation otherwise state. Looking at other conversion plans and articles of incorporation... and comparing.....ours is bare necessities..... compare the list I posted previously.... what should be included ...., to what we actually got.....is something missing? or is it just me.... I don't even see an address on it.... Oh well another strike out...in the quest for info!! .. won't stop me though.. Laws are Laws.... but ain't there always an UNLESS? Go figure!!Hopefully more info will be on the way.... SINGLE 
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Post by christopherl on Aug 29, 2007 9:30:34 GMT -5
For everyone.
Today I faxed a letter to Mr. West requesting a copy of the Plan Of Conversion for CMKM Diamonds.
This afternoon I received a fax cover sheet from Mr. West with a copy of this.
This company is moving in the right direction by posting and communicating more thru their website. And it goes to show if you take the high road and request something professionally you will receive an answer.
And people are out there saying Kevin is muzzled. LOL
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Post by Ed Jagacki on Aug 29, 2007 9:42:02 GMT -5
Thanx, Chris.
There was a time that I considered you the enemy - back on RB.
I've come to understand the reality of the situation much later than you did, apparently.
I feel very strongly, that if we are to receive any ROI out of this investment (and I am still optimistic of ultimately doing very well when all is said and done), it will be under the stewardship of Kevin West.
Thanx for all you do....
Ed
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Post by JoeRockss on Aug 29, 2007 19:07:38 GMT -5
For everyone. Today I faxed a letter to Mr. West requesting a copy of the Plan Of Conversion for CMKM Diamonds. This afternoon I received a fax cover sheet from Mr. West with a copy of this. This company is moving in the right direction by posting and communicating more thru their website. And it goes to show if you take the high road and request something professionally you will receive an answer. And people are out there saying Kevin is muzzled. LOL Thanx for sharing Chris. You're a good man. |
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