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Post by soonerlew on Aug 2, 2008 22:26:04 GMT -5
By: article1section8 02 Aug 2008, 10:43 PM EDT Msg. 747763 of 747791 Jump to msg. # who believes NSS ban goes global on Aug 13'th?
By: article1section8 02 Aug 2008, 10:50 PM EDT Msg. 747766 of 747791 Jump to msg. # Why would the SEC proclaim NSS was not real, and then later say it is?
By: article1section8 02 Aug 2008, 10:52 PM EDT Msg. 747768 of 747791 Jump to msg. # Why create a GF Clause for something that is not real, and then later remove the clause, and say that NSS is real?
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Post by soonerlew on Aug 2, 2008 22:28:48 GMT -5
By: gusjarvis 02 Aug 2008, 10:52 PM EDT Msg. 747767 of 747791 Jump to msg. # nufced or pedro or weary or anyone can you please explain while the stock still traded, while bill worked for us and with urban, while the sec still let the stock trade, while the og said so many good things about urban after this news. Tell me why mark omits these facts from his little story, how on earth did the sec get these so called fraud records and still let cmkx trade record volume with no shares to sell, weird hey. How did they let urban stay and why did bill work with him and say all those good things after he had this info. In conclusion wtf is up with this: Tuesday, February 08, 2005 Copyright © Las Vegas Review-Journal JOHN L. SMITH: Company dangles lure of diamonds, but transactions hook SEC For most people, the prospect of investing in a diamond mining venture in frosty Saskatchewan probably seems as remote as that distant Canadian province. But that is precisely what CMKM Diamonds has proposed to investors from the company's Warm Springs Road office. (If you're like me, you didn't know Warm Springs Road was an outpost of Canadian diamond mining exploration.) And CMKM appears to have had no shortage of sparkle-eyed speculators willing to back the company, which trades at a fraction of a penny per share on the pink-sheet market. When you learn that the Forte a la Corne region of Saskatchewan is believed to be one of the largest diamond fields on Earth and that the gigantic DeBeers diamond corporation has been exploring the area, the prospect of a local company being a part of the rush to riches becomes all the more intriguing. Intriguing, if somewhat hard to believe. Read the company's side of the story, and you might be convinced it's onto something big. CMKM has issued dozens of optimistic press releases, and its Web site showed not only a complicated schematic of its big plans, but its interest in advertising the corporate logo on a top-fuel dragster. More recently, the company announced that former Howard Hughes aide Robert Maheu had become a member of its board of directors. A nationally recognized authority on security issues, Maheu has credibility in many circles. I became interested in CMKM recently, and it appears I'm not alone. The Securities and Exchange Commission is downright fascinated with CMKM and has begun to probe the company's numerous Southern Nevada business transactions. The SEC has subpoenaed bank records related to CMKM's local transactions, an institutional source confirms. The company maintained nearly 100 accounts at a local branch of Silver State Bank alone. A bank employee who handled CMKM's accounts is no longer employed after suspicious activity involving a continuing circle of cashier's checks was uncovered. By one informed estimate, CMKM is suspected of moving up to $64 million through its Silver State accounts. Getting an accurate line on CMKM's activity takes a calculator -- and the ability to suspend one's disbelief. For instance, one company update noted it had acquired 1.9 million acres of mining claims in Saskatchewan. Another stated that company chief executive Urban Casavant has been selling off some of that acreage to fund his business ventures since 1993. That seems like a lot of acreage, but then Canada is a big place. Although sources conflict, it's conservatively estimated the company sold at least 352.2 million shares of stock with a value as low as 2/1000ths of a cent and a high of just over a half penny. But that's a grain of sand in Saskatchewan compared to the news in another company-generated news report that listed up to 40 billion shares. Yet another report lists the company's issuing capability at 500 billion shares. But, hey, the sky's the limit when you're a big diamond mining outfit, right? All this talk of diamond mining must be getting me dizzy because I'm confused by the companies and characters associated with CMKM. CMKM is formerly known as Casavant Mining Kimberlite International, which became a publicly traded company after a January 2003 merger with Cybermark International. CMKM's president is listed as Urban Casavant. Another company associated with CMKM is Casavant International Mining, which lists its chief executive as Ron Casavant. In 2003, CIM's president was listed as Urban Casavant, and Carolyn Casavant is also listed as a corporate officer, so it appears CMKM is a family company. A family company with up to half a trillion shares of penny stock for sale and an ongoing SEC investigation. CMKM's press releases sound promising, but that investigation could spell trouble. Of course, much of the company's problems would surely be remedied if it actually discovered a treasure trove of diamonds in far away Saskatchewan. At the very least it would help to pay for a good lawyer. John L. Smith's column appears Tuesday, Wednesday, Friday and Sunday. E-mail him at Smith@reviewjournal.com or call 383-0295. By: aladin99 02 Aug 2008, 11:05 PM EDT Msg. 747788 of 747791 (This msg. is a reply to 747767 by gusjarvis.) Jump to msg. # Gusjarvis...Beside JEFFERY the SEC let other NSS cover their NSS smoothly too...just like they let JEFF cover their 111B FTD...JEFF got a good deal so the the other NSS... We are now going after the IRREVOCABLE TRUST....could that be our treasure???
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Post by soonerlew on Aug 2, 2008 22:32:55 GMT -5
ines DIAMOND JEDI WARLORD Re: AFFIDAVIT OF PUBLICATION filed 7/29/2008 « Reply #19 Today at 2:36pm » -------------------------------------------------------------------------------- Kevin and Frizzell looking for .. trusts.. hmmmmmmmmmm Somebody ask Kevin and Frizzell why did they not ask .. Stocklien and Mr Maheu who was the Trustee.. obviously with a trust to distribute that has Entourage shares and OTHER ASSETS.. to show that trust? Hey Tylerites .. why are you not interested in the trust that Maheu and Stocklien are in charge of? Why did you not go after Maheu and Stocklien and the trust they have ? It is quite simple. Maheu was a trustee to the trust with Entourage shares and Other Assets. Since Stocklien is Maheus attorney.. then he was in possesion of Entourage Cert and Stockelien is still the one guarding Entourage cert. And then he must be with knowledge and guarding of Other Assets in the trust. ~~~ why is it that Kevin and Frizzy not care about this trust? millionaires.proboards86.com/index.cgi?board=main&action=display&thread=21416&page=1
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Post by JoeRockss on Aug 2, 2008 22:48:39 GMT -5
From Willy Wizard's weekly update CMKM Diamonds Inc. Accadacca's new payday is mid August. LOL take that for what it's worth. CNBC Crammer on Shorting www.cnbc.com/id/15840232?video=794250312____________________________________________________ From Andy past CMKM Investor Relations "Hello Fellow CMKX'rs... I have been fairly quiet the past few months...watching, waiting, reading, and listening. Recent conversations with some folks (no I will not say who, but the conversations were held none the less)...lead me to once again be quite optimistic we could indeed be on the verge of some SHAREHOLDER satisfaction finally. As in the past there have not been any conclusive confirmations, however given the chatter concerning all the recent events (remember we are always EVENT DRIVEN), there is a feeling the pendulum has swung in our favour. So hang in there and we will see what we will see. Ciao. Oaks (aimho)" ____________________________________________________ Default Judgment in favor of CMKM Diamonds tinyurl.com/68d2mf____________________________________________________ CMKM Diamonds, Inc. Continues to Try and Identify Shareholders Last update: 5:42 p.m. EDT June 9, 2008 TYLER, Texas, Jun 09, 2008 (BUSINESS WIRE) -- In our efforts to continue to try to identify all of the shareholders of CMKM Diamonds, Inc. stock, current management of the Company would like to point investors that have been unable to procure physical stock certificates from their brokers to the UnShareholder.com website. www.UnShareholder.com is launching today to help identify the magnitude of individual investors unable to obtain stock ownership certificates and who perhaps inadvertently purchased illegal "naked short" or "phantom" electronic "entitlements" instead of actual shares. The scope of settlement failures in general has become a hot debate. Commonly referred to as the "naked short selling" problem, the real damage is caused by stock lending and settlement failures(a). Of course, the end result is the same: an investor makes a payment but has no actual investment. That investor is not a "shareholder" because they don't own shares. Instead, they are an UnShareholder. According to the website: If you requested a stock certificate from your broker and have not received it, you are an UnShareholder. If your brokerage account was changed to delete the shares of a company that you didn't agree is "worthless", you are an UnShareholder. If you received a 1099 with "non-qualifying dividends" when you believed you owned regular shares, you are probably an UnShareholder too. Attorney Al Hodges states, "The UnShareholder site has been developed and established by the Pasadena, California law firm of Hodges and Associates in an attempt to document the nature and depth of the UnShareholder problem as well as to identify individual investors whom have in good faith purchased publicly traded shares of stock but, for all the wrong and illegal reasons, are not entitled to receive them nor to enjoy all the indicia of ownership." (a) Stock lending is closely associated with short selling and settlement failure refers to the problem of sellers not delivering shares on the settlement date. Naked short selling is when stock is sold short and not borrowed for delivery on the settlement date. SOURCE: CMKM Diamonds Inc. CMKM Diamonds Inc., Tyler Kevin West 903-262-8397 PR :CMKM Diamonds, Inc. Continues to Try and Identify Shareholders biz.yahoo.com/bw/080609/20080609006477.html?.v=1UNSHAREHOLDER WEBSITE: www.unshareholder.com/____________________________________________________ If your in you win! I remember this from 4 years ago and still cling to Urban's stating this to shareholders. Thank you, Hal Engel aka WillyWizard (apx. 910 million shares) CMKX Shareholders Never give up no matter how bleak it looks. Hang on tight and your losses have a chance coming back to you!
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Post by imSINGLEruRICH on Aug 3, 2008 0:04:02 GMT -5
no link.... is it true?? but abyhow remember her?? By: gotoil1870 02 Aug 2008, 11:50 PM EDT Msg. 747804 of 747861Jump to msg. # interview with annette nazareth on nss august 08.........lol
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Post by soonerlew on Aug 3, 2008 8:32:05 GMT -5
By: gusjarvis 03 Aug 2008, 02:35 AM EDT Msg. 747885 of 747891 Jump to msg. # bill update right after the fraud was discovered in the silver state bank, right after:
4/25/05 Greetings Group,
I would like to report on my meetings in Las Vegas last week. I met with Don Stoecklein and others in his office. Don is representing CMKM Diamonds, Inc. in the SEC proceeding. I had the pleasure of meeting Urban Casavant, Carolyn Casavant, Ron Casavant, Mike Williams, and Ed Dhonau. Anthony Demint, with Mr. Stoecklein’s office, was present during most of the meetings. There were other individuals present at different times during the day. Mr. Maheu was out of town and unavailable.
Don Stoecklein is spending long hours preparing for the hearing and guiding the work being done to have the proper financials filed. We have reviewed over 1200 pages of documents which were contained in the SEC’s administrative file. Witness lists and exhibit lists have been exchanged. We mutually agreed upon the terms of a confidentiality agreement. There is certain information which could only be disclosed to me with this confidentiality agreement in place. This was discussed prior to my visit to Las Vegas and was not unexpected. I must be privy to certain information to be able to be an effective advocate for our shareholders.
Date: Tue, 3 May 2005 17:57:04 -0700
s of today, I have been provided over 4,000 pages of documents and exhibits. The company has received an updated NOBO list. The hard copy is voluminous. There have been many motions and responses from all parties. There have been subpoenas and witness lists and amendments to most of them. I have prepared trial briefs on several critical legal issues that may come up. I have discussions with at least four different lawyers on a daily basis. I have posted ONLY those items that I felt might be of interest to you. I will continue to do so. I remain committed to a confidentiality agreement as to certain items.
read on!
Subject: URGENT!! From: jmartin@cmkxownersgroup.com Date: Thu, 5 May 2005 18:04:19 -0700
Preliminary Share Numbers: Our initial reports from our group indicate ownership of over 210 billion shares of company stock and we are working on reports from 4,000 shareholders. The OBO and NOBO lists received today from the Company prove that nearly 60,000 accounts/shareholders exist in this stock. We have evidence that this number is far short of the actual number of shareholders. We need your help to prove the shares that have been sold in your company stock.
From: jmartin@cmkxownersgroup.com Date: Wed, 11 May 2005 17:58:25 -0700
An interesting letter has surfaced in the investigation that we are doing into naked shorting of company stock. I am seeking agreements of the parties to post a copy of that letter. Please remember that I am under a strictly worded confidentiality agreement.
Mr. Stoecklein had discussed the issue with her prior to the hearing and a meeting was tentatively set while we were all in town for the hearing to discuss the issues of naked shorting. Mr. Maheu, Anthony Demint, Mike Williams, Don Stoecklein and I met at the offices of the SEC this morning. We visited with Ms. Hakala, Mr. Glynn and the regional supervisor. The meeting lasted two hours. There was a full discussion of the issue of naked shorts with the enforcement attorneys.
From: jmartin@cmkxownersgroup.com Date: Tue, 17 May 2005 06:04:23 -0700
This request is being made on behalf of 5,050 shareholders of CMKX stock. These shareholders own over 300 billion shares of common stock. This number does not include shareholders who possess certificates of ownership. A current NOBO/OBO list has confirmed that there exists a minimum of 59,669 accounts in various firms with holdings of CMKX. A December 2004 certificate detail report from the transfer agent states that 2033 people hold certificates of ownership. Those certificates represent 326 billion shares being held by individuals other than Cede and Co. By these numbers 626 billion shares are owned by only 7,083 shareholders. The company states that 703 billion shares are issued and outstanding. The CMKX shareholders that own the balance of the 59,669 accounts (an estimated 50,000) are confirmed owners of the remaining of the outstanding stock. I trust you can understand our need for the information requested in this document. I will be glad to provide you with documentation of my group’s share ownership upon your request.
From: jmartin@cmkxownersgroup.com Date: Thu, 2 Jun 2005 15:48:30 -0700
I should have an inquiry letter out to TD Waterhouse Canada tomorrow. The letter will be self explanatory. This will be sent to you via another update. Mr. Stoecklein is back in the country. We spoke at length today. I have explained the concerns over the drilling report submitted with the 8K. Mr. Stoecklein has assured us that his office filed with Edgar the entire report he was given. The mystery of the missing Table 1 still looms. He knows our concerns and plans to visit with the individual that sent the drilling report to his law firm. We will get back with more information once we have received it.
From: jmartin@cmkxownersgroup.com Date: Fri, 3 Jun 2005 15:59:02 -0700
We sent out over 1,000 letters today. I have decided not to disclose our share count on a regular basis because the count changes significantly sometimes by the hour. You can rest assured I am pleased with the results of our work so far. There are also strategic reasons for not making our numbers public.
From: jmartin@cmkxownersgroup.com Date: Thu, 9 Jun 2005 14:28:27 -0700
We have received a total rejection of the FOIA request which was made through the SEC. I am preparing an appeal of that request as provided by statute. It is necessary to pursue all administrative remedies before filing suit. I should have the appeal finished tomorrow and will post it along with the rejection letter.
From: jmartin@cmkxownersgroup.com Date: Mon, 27 Jun 2005 16:21:22 -0700
I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence.
A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.
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Post by soonerlew on Aug 3, 2008 8:33:57 GMT -5
By: rosencrantz2010 03 Aug 2008, 06:07 AM EDT Msg. 747888 of 747893 (This msg. is a reply to 747787 by my69z.) Jump to msg. # my69z,
you stated that they filed to go after urban on the last day allowed. in other words, they could have filed to go after urban a week earlier, a month earlier, or whenever the judge first said they could file by publication. right?
okay. if they could have filed by publication a month earlier, let's say, then why didn't they do it back then? why wait another month before filing? why delay matters?
that's my question. why go slow? why wait? if you want to get someone wouldn't most of us go after that person as soon as possible?
so, again, why did they wait until the last possible day to file by publication? (from an outsider's perspective, it's as though they wanted to stretch this out as long as possible.)
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Post by soonerlew on Aug 3, 2008 8:34:33 GMT -5
By: lou60447 03 Aug 2008, 09:18 AM EDT Msg. 747890 of 747893 Jump to msg. # Good morning all: I just finished my summer school class. I wanted to see what was happening. Now it seems we are challenging each other to fights. What has bothered me from the start is the change in the tone of this board. This includes me. I started out with a positive attitude and have become a bit vindictive. But it seems we all have. We are becoming just like the crooks we are fighting. I guess this is what money does to people. it sort of gives us an insight as to why people cheat, lie and steal to get money. My best wish is that this will end in a positive way but that indeed will end before many of us become raving loons. If we, as a group, ever meet someday let us hope we will get a better insight as to each other as people and not just pseudonyms on a Raging Bull board. GLTA. I'm thinking I'll bring the nephew who is a black belt and the fellas who've won the Tough Man COntests here in OK and the National WInner with me. Just to be on the safe side. By: nssgoingdown 03 Aug 2008, 09:49 AM EDT Msg. 747894 of 747897 (This msg. is a reply to 747890 by lou60447.) Jump to msg. # lou, ALWAYS POSITIVE!!! AFTER ALL FRIZZELL CLOSED HIS LAWFIRM TO THE PUBLIC AND WORKS 100% FOR CMKM DIAMONDS. THAT IN IT SELF IS HUGE!!!!!!
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Post by soonerlew on Aug 3, 2008 8:47:31 GMT -5
By: kilroy.killbasher 02 Aug 2008, 05:00 PM EDT Msg. 747633 of 747893 (This msg. is a reply to 747608 by sharasilva.) Jump to msg. # SharaSilva, is your flaunting that others will never get paid for their involvement in CMKX an indication that YOU WILL get paid? If not, then you've been squandering all your invested time on this board for nothing, and that makes you look just as foolish as you try to make everyone else look. On the other hand, if you are paid, then you have a viable reason for doing what you're doing (exclusively bashing with every post on 9 different RB boards), and it all makes perfect sense.
Go ahead and give us your rationalization for the thousands of exclusively bashing posts. You're explanations, such as the Pro Bono Scambusters Club, just keep getting funnier and funnier every time I hear them! Do you think the judge is going to swallow that whopper? LOL!
\\|// ( o o ) ~~~~oOOo~(_)~oOOo~~~~ KILROY WAS HERE
By: sharasilva 03 Aug 2008, 09:23 AM EDT Msg. 747891 of 747893 (This msg. is a reply to 747633 by kilroy.killbasher.) Jump to msg. # kil, no judge is the least bit interested in what I post.
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Post by soonerlew on Aug 3, 2008 8:48:09 GMT -5
By: mkaykay0 03 Aug 2008, 09:32 AM EDT Msg. 747892 of 747893 (This msg. is a reply to 747890 by lou60447.) Jump to msg. # GM lou, you know I stated out very positive too, but after seeing the facts, that soon left. But I still liked everyone on the board, I didn't care what side of the fence they were on. Not many posters left worth talking to now.
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Post by soonerlew on Aug 3, 2008 8:55:30 GMT -5
By: nssgoingdown 03 Aug 2008, 09:50 AM EDT Msg. 747895 of 747897 Jump to msg. # LIKE AL HODGES SAID: The case of CMKX represents the greatest "counterfeit shares" fraud in the UNITED STATES. CMKM DIAMONDS, INC. suffered THE LARGEST NAKED SHORT IN HISTORY. Trillions of stock shares traded and changed hands UNTIL CMKX revoked itself and had every stock holder pull physical stock certificates out of brokerages, and out of street name, to trap those whom had committed fraud. CMKX is also the LARGEST STOCK CERTIFICATE PULL IN THE HISTORY OF THE UNITED STATES"
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Post by soonerlew on Aug 3, 2008 9:17:28 GMT -5
By: grajekk 03 Aug 2008, 09:56 AM EDT Msg. 747898 of 747902 (This msg. is a reply to 747888 by rosencrantz2010.) Jump to msg. # CTBG is sueing the DTCC because they can't count... Why can't CMKX management do the same? We(CMKX) already proved the counterfeiting(naked shorting) years ago.. CTBG has been stuck in a SEC "Quiet Period" for less than a year and they are already allowed to fight back... We have had our CMKX lips stapled for almost 4 years with the same problem! Why aren't we allowed to fight back like CTBG?(Sorry if I am repeating myself..) CTBG wasn't chopped liver and neither was CMKX in my opinion! It's simple, both companies were screwed by electronic counterfeiters. Do we need to get a hold of the CTBG lawyers to help (CMKX)shareholders fight back, or wait for another love song from our Texas trubadores, who are playing the, "go as slow as you can go" music to keep us under control... I just can't believe that somebody is sueing the DTCC, and it isn't CMKX management, after all this time! We had the friggin' goods on the crooks way before the stuff ever happened to CTBG. Screw the petty theives.. Lets go after the great big crooked bean counters! Sue the DTCC! What part of... I'M REALLY GETTIN' FRIGGIN' TICKED OFF.. don't you company guru's understand? IT'S TIME WIPE, OR TELL US WHY YOU ARE STILL SITTIN' ON THE FRIGGIN' SEARS CATALOGUE!!!! & thats all i got to say about thaaut... Last thought... God Bless.. Ron Paul, Jesse Ventura, Barney Frank, Bob Bennett, Robert Maheu, & dare I say Urban, Carolyn, & Ron Casavant + family, our Armed Forces who are stuck with the dirty work in a war that shouldn't be, and the 60000 CMKX patriots! I will give you all one thought for the day, on why I think we will have to be kept in the dark for a while longer. A question for you longs. Do you think that 10,000-40,000 millionaires could, and would, put up enough money for advertising to change an election? You bet we could, and maybe would! We could elect Ron Paul in a heartbeat, and all the crooks and both political parties know dang well we could do it, if we got paid half of what Urban said the shares were worth! Why do you think they are trying so hard to drag this out! We would take our government back so fast it would make their pucker spots spin like black holes in space! LOL! Instant flat tax... Instant US Treasury money backed by stuff besides Greenspans good looks and economic viagra! ... FRB just a memory.. Crooked bankers get stoned literally, instead of getting billion dollar bonuses for stealing from constituants!... Transparency... If you buy a share of stock, it doesn't have disappearing ink on the front of it!.. You bet we could get Ron Paul elected and take our country back. Can you imagine how many alternative fuel subsidies we could come up with if our army wasn't spread out all over in the world. We could punch enough holes in the Barnett field to keep us going until the good biomass fuels and engines come on line. (CYPW.pk.. the engine is already here) I hereby promise to put more energy into taking my country back from those who have no love for it! Also, I hereby relinquish my soapbox to the next long shareholder of good will! Later!
By: nssgoingdown 03 Aug 2008, 10:07 AM EDT Msg. 747901 of 747903 (This msg. is a reply to 747898 by grajekk.) Jump to msg. # graj, How do you know it's not. Remember Frizzell signed a NDA and represents CMKM
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Post by soonerlew on Aug 3, 2008 9:19:04 GMT -5
By: gusjarvis 03 Aug 2008, 10:06 AM EDT Msg. 747900 of 747902 (This msg. is a reply to 747831 by gusjarvis.) Jump to msg. # MARK FAULK, YOU GOT SOME EXPLAINING TO DO MY FRIEND and to put your trash on fourwinds wow, explain all that happened after this fraud you say happened. Explain all the og updates, all that bill and john and kevin said about urban after this evidence. Explain the sec's actions after this evidence was gathered. Explain how john edwards sold those certs when he ran away and was caught any ways by the silver state records in early 2005. He was actually our of the stock much early. There are no answers my friend, we all know the story is full of it, it is more than obvious
Tuesday, February 08, 2005 Copyright © Las Vegas Review-Journal
JOHN L. SMITH: Company dangles lure of diamonds, but transactions hook SEC
For most people, the prospect of investing in a diamond mining venture in frosty Saskatchewan probably seems as remote as that distant Canadian province.
But that is precisely what CMKM Diamonds has proposed to investors from the company's Warm Springs Road office. (If you're like me, you didn't know Warm Springs Road was an outpost of Canadian diamond mining exploration.) And CMKM appears to have had no shortage of sparkle-eyed speculators willing to back the company, which trades at a fraction of a penny per share on the pink-sheet market.
When you learn that the Forte a la Corne region of Saskatchewan is believed to be one of the largest diamond fields on Earth and that the gigantic DeBeers diamond corporation has been exploring the area, the prospect of a local company being a part of the rush to riches becomes all the more intriguing.
Intriguing, if somewhat hard to believe.
Read the company's side of the story, and you might be convinced it's onto something big. CMKM has issued dozens of optimistic press releases, and its Web site showed not only a complicated schematic of its big plans, but its interest in advertising the corporate logo on a top-fuel dragster.
More recently, the company announced that former Howard Hughes aide Robert Maheu had become a member of its board of directors. A nationally recognized authority on security issues, Maheu has credibility in many circles.
I became interested in CMKM recently, and it appears I'm not alone. The Securities and Exchange Commission is downright fascinated with CMKM and has begun to probe the company's numerous Southern Nevada business transactions.
The SEC has subpoenaed bank records related to CMKM's local transactions, an institutional source confirms. The company maintained nearly 100 accounts at a local branch of Silver State Bank alone. A bank employee who handled CMKM's accounts is no longer employed after suspicious activity involving a continuing circle of cashier's checks was uncovered.
By one informed estimate, CMKM is suspected of moving up to $64 million through its Silver State accounts.
Getting an accurate line on CMKM's activity takes a calculator -- and the ability to suspend one's disbelief.
For instance, one company update noted it had acquired 1.9 million acres of mining claims in Saskatchewan. Another stated that company chief executive Urban Casavant has been selling off some of that acreage to fund his business ventures since 1993. That seems like a lot of acreage, but then Canada is a big place.
Although sources conflict, it's conservatively estimated the company sold at least 352.2 million shares of stock with a value as low as 2/1000ths of a cent and a high of just over a half penny.
But that's a grain of sand in Saskatchewan compared to the news in another company-generated news report that listed up to 40 billion shares. Yet another report lists the company's issuing capability at 500 billion shares.
But, hey, the sky's the limit when you're a big diamond mining outfit, right?
All this talk of diamond mining must be getting me dizzy because I'm confused by the companies and characters associated with CMKM. CMKM is formerly known as Casavant Mining Kimberlite International, which became a publicly traded company after a January 2003 merger with Cybermark International.
CMKM's president is listed as Urban Casavant. Another company associated with CMKM is Casavant International Mining, which lists its chief executive as Ron Casavant. In 2003, CIM's president was listed as Urban Casavant, and Carolyn Casavant is also listed as a corporate officer, so it appears CMKM is a family company.
A family company with up to half a trillion shares of penny stock for sale and an ongoing SEC investigation.
CMKM's press releases sound promising, but that investigation could spell trouble.
Of course, much of the company's problems would surely be remedied if it actually discovered a treasure trove of diamonds in far away Saskatchewan.
At the very least it would help to pay for a good lawyer.
John L. Smith's column appears Tuesday, Wednesday, Friday and Sunday. E-mail him at Smith@reviewjournal.com or call 383-0295.
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Post by soonerlew on Aug 3, 2008 9:20:13 GMT -5
By: passinthru3 03 Aug 2008, 09:57 AM EDT Msg. 747899 of 747903 Jump to msg. # Why dont we shut the board down and go to church..
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Post by soonerlew on Aug 3, 2008 9:20:55 GMT -5
By: gusjarvis 03 Aug 2008, 10:19 AM EDT Msg. 747903 of 747903 Jump to msg. # NUFCED, PEDRO, WEARY, GANG ANSWERS NOW, PLEASE ALL OF YOU since all was known in late 2004 and the silver state bank stuff was on the boards in eary 2005 and the sec had all the evidence of this fraud before the party maybe you can explain what happened after for me then, thanks: now remember bill knew about all of this, all of it, the boards knew in early 2005, but the evidence was gathered before the party: "That on or about the 5th day of September 2004 the bank was served with a subpoena with regard to accounts maintained at the branch plaintiff supervised. Certain executives of defendants (Silver State Bancorp, Silver State Bank) owned stock in companies controlled by the subject of the subpoena and became disconcerted when the bank was served with the aforementioned subpoena." Seeking a scapegoat the bank terminated plaintiff claiming she had not processed a suspicious activity report in a timely manner. Plaintiff was unable to timely process the SAR due to the fact that she was undergoing a ‘serious health condition’, which required her to take leave from her employment.” yet the party continued, and many many things continued despite the evidence of the fraud that had already been gathered. It had been gathered by the sec, oh right about the time john edwards ran away, nice. It was gathered not only when john ran away but when they made it look like he dumped those shares they gave him to us, we know better, and john martin confirmed that. Funny after being caught red handed urban does something strange, instead of run away like je or hide or get a good lawyer, he brings on the best team in the world and works with the sec. Now every pr and every piece of land better be there for us sec, every dime collected to cover this operation, better be coming to us. And mark faulk, get serious, you make the og and this whole thing look ridiculous, but thanks for showing everyone the truth now just read this again and think about all that came out after it, what did bill do and say after knowing all this years ago, what the sec did know everything in late 2004, and all urban did after he was caught, and what je did when he was caught. Now there is proof of what mark called a major sting operation, now give us our fing money! www.faulkingtruth.com/Articles/BlogFest/1097.html
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