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Post by bjenkins on Feb 16, 2012 13:11:26 GMT -5
f4d~ Administrator member is offline viva la difference' Joined: Oct 2005 Gender: Male Posts: 13,419 Location: On the RIGHT side of the pond Re: Company Update 2/15/2012 CMKM « Reply #5 Today at 4:54am »
-------------------------------------------------------------------------------- So there's a naked short position on CMKX?
Well. Who'd a thunk?
Deep Throat special researcher member is offline Joined: Sept 2010 Posts: 304 Re: Company Update 2/15/2012 CMKM « Reply #11 Today at 9:03am »
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The statute on any recovery expired long ago.
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Post by bjenkins on Feb 16, 2012 13:13:47 GMT -5
This would seem that there still is a "CMKM Nevada," right? No.
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Post by jonathonanders on Feb 16, 2012 13:23:50 GMT -5
How does this fit in with the theory I've read about "CMKM Nevada" and "CMKM Texas" are not the same entity? We have always needed a Nevada attorney, the lawsuits had to be filed in Nevada where they company was at the time. David Koch had represented us in the past..
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Post by ishmel on Feb 16, 2012 13:43:12 GMT -5
Welcom to CMKX Alabama. There's plenty of swamp land for sale. Main mineral, moonshine!
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Post by theotherside on Feb 16, 2012 13:45:13 GMT -5
Maybe we'll be featured on an upcoming episode of Swamp People.
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Post by lurknomore on Feb 16, 2012 14:06:14 GMT -5
How does this fit in with the theory I've read about "CMKM Nevada" and "CMKM Texas" are not the same entity? We have always needed a Nevada attorney, the lawsuits had to be filed in Nevada where they company was at the time. David Koch had represented us in the past.. Thanks very much for that more-than-one-word answer.
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Post by portrush on Feb 16, 2012 16:01:14 GMT -5
My guess is that, the end of the circle is not there yet. The Faulking truth will never be told.. Agreed. Perhaps its atmosphere conditioning? I've spent several hours conversing with Steve over past weeks. While many are reacting to what I consider "surface" issues, I believe this man indeed possesses the acumen necessary to retire debt and bring value to this company as is, as well as what it might become. Those two items are tantamount to positive movement vs the alternative; shut it down. At the moment his leadership offers the company stability, no overhead, a reduction in legal expenses and focused attention. Challenges exist and multiple questions remain beyond the panoply of the irrelevant voiced. Its been said; SOLs have long since past, the 1010 has an expiration date, re-claimed assets have value that can lead to liquidity, the WF suit has its opportunities, and more. While previous leadership seemingly was singularly focused, he expresses a broader perspective. It might be day-by-day, but again--it seems more advantageous than the alternative mentioned above. pr
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Post by ishmel on Feb 16, 2012 16:27:17 GMT -5
Did you tell him were all waiting on the release of a trust fund that was a result of Maheu collecting funds from the miscreants that shorted our company into the ground?
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Post by e362 on Feb 16, 2012 16:34:38 GMT -5
My guess is that, the end of the circle is not there yet. The Faulking truth will never be told.. Agreed. Perhaps its atmosphere conditioning? I've spent several hours conversing with Steve over past weeks. While many are reacting to what I consider "surface" issues, I believe this man indeed possesses the acumen necessary to retire debt and bring value to this company as is, as well as what it might become. Those two items are tantamount to positive movement vs the alternative; shut it down. At the moment his leadership offers the company stability, no overhead, a reduction in legal expenses and focused attention. Challenges exist and multiple questions remain beyond the panoply of the irrelevant voiced. Its been said; SOLs have long since past, the 1010 has an expiration date, re-claimed assets have value that can lead to liquidity, the WF suit has its opportunities, and more. While previous leadership seemingly was singularly focused, he expresses a broader perspective. It might be day-by-day, but again--it seems more advantageous than the alternative mentioned above. pr Port, since you have posted that you have had long converstions with both AH and now SK, and appear to be very supportive of both, can you give me your ideas on how AH is suing for release of the NSS trust and SK saying he was going to go after the naked short sellers? Don't they conflict? If the NSS paid up and the money is in the trust, why would SK be going after them? Thanks for your reply.
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Post by portrush on Feb 16, 2012 16:48:14 GMT -5
Port, since you have posted that you have had long converstions with both AH and now SK, and appear to be very supportive of both, can you give me your ideas on how AH is suing for release of the NSS trust and SK saying he was going to go after the naked short sellers? Don't they conflict? If the NSS paid up and the money is in the trust, why would SK be going after them? Thanks for your reply. I didn't discuss this with Steve. At this juncture, (corporately) this isn't an option. There is no liquidity, too much debt and he has yet to secure legal assistance on a contingency basis. Once he addresses a couple of those then it becomes something worthy of further conversation. What seems apparent is that some (not you) are trying to suggest there is nefarious conflict without the benefit of a complete understanding. The old adage "don't judge a book by its cover" comes to mind. Basing an opinion on surface info is done all the time--but often can lead to being incorrect. (Thank you news media) But if I were to play along just for grins and giggles...it could seem that Steve's inference here could be meant to imply exposure from yet another angle--thus applying pressure where pressure may be needed. I am "just supposing" with that statement--it has no basis of fact whatsoever. Rather, its meant to suggest how twisted things get in the rumor mill. Irrespective of my opinion the fact remains; we have no ROI at this juncture. Either it comes from the efforts of the company, from Hodges, or perhaps both. I would rather have both entities working on behalf of my shares than seeing the company go belly up and Hodges decide to retire. Please send the check...I will gladly cash it either way. pr
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Post by e362 on Feb 16, 2012 17:36:34 GMT -5
Port, since you have posted that you have had long converstions with both AH and now SK, and appear to be very supportive of both, can you give me your ideas on how AH is suing for release of the NSS trust and SK saying he was going to go after the naked short sellers? Don't they conflict? If the NSS paid up and the money is in the trust, why would SK be going after them? Thanks for your reply. I didn't discuss this with Steve. At this juncture, (corporately) this isn't an option. There is no liquidity, too much debt and he has yet to secure legal assistance on a contingency basis. Once he addresses a couple of those then it becomes something worthy of further conversation. What seems apparent is that some (not you) are trying to suggest there is nefarious conflict without the benefit of a complete understanding. The old adage "don't judge a book by its cover" comes to mind. Basing an opinion on surface info is done all the time--but often can lead to being incorrect. (Thank you news media) But if I were to play along just for grins and giggles...it could seem that Steve's inference here could be meant to imply exposure from yet another angle--thus applying pressure where pressure may be needed. I am "just supposing" with that statement--it has no basis of fact whatsoever. Rather, its meant to suggest how twisted things get in the rumor mill. Irrespective of my opinion the fact remains; we have no ROI at this juncture. Either it comes from the efforts of the company, from Hodges, or perhaps both. I would rather have both entities working on behalf of my shares than seeing the company go belly up and Hodges decide to retire. Please send the check...I will gladly cash it either way. pr Thanks for the response, appreciate it. gltua
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Post by ddddiferous on Feb 16, 2012 22:09:25 GMT -5
It is nice to hear he is going to visit the 1010 "claims" but I refer to the DOJ indictment and SEC suits that claim "claims" never existed or exist?!!! Many many untruths being told by those sworn to uphold the truth. Tisk Tisk alphabets Tisk tisk.
I see a ton of language eluding to a"hollow shell" and then a small part accepting that "claims may contain kimberlite deposits" on page 20 of 39 in the original indictment. Imagine a murder case with this logic. The gun that is hot laying next to the victim with the same caliber of bullet pulled from the victim with powder burns on carpet and skin of accused may be the murder weapon but it has no bearing on this case.... Well do they or dont they? and what is the value?
That may go a long way in explaining the Footnotes in the Law School Journals,SEC OIG report and FINRA Reg with the name CMKM Diamonds and why a 400K page scripted suit is taking 8 years to bring to a court of law.
I suspect the value of these " undetermined claims " is probably ginormous and the strings are being pulled by the puppet masters in a concerted effort to steal what belongs or assets that remain which belong to the 40,000 shareholders. The value of the claims could cut through all the shi* Worth nothing then we are done, worth several bill or trill then game on !
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Post by jonathonanders on Feb 18, 2012 10:02:48 GMT -5
CMKM has never "owned" claims. THey have always belonged to Koch. When the above was alleged by the sec, of no claims, Don Stoeklien produced a lease agreement between CMKM and the 1010 properties. In Oct of 2005, if you check the company filings, CMKM defaulted on the 1010 agreement and the lease was deemed null and void and control of those claims reverted back solely to Koch, who then entered the deal with Entourage. We have no claims now, unless we act on the proposed New Corp JV. These claims are not undetermined, as there are 15 claims and are delineated on the Sask Mining Site. www.er.gov.sk.ca/Default.aspx?DN=7e2ac536-d025-4cc8-8f4a-b81c9cda3563Click on Southern Area Map.
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Post by imSINGLEruRICH on Feb 18, 2012 18:44:44 GMT -5
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