Owner
Post by Franko10 ™ on Apr 5, 2006 7:30:55 GMT -5
Where I stand now,..
I truly think after reading the last week or so’s posts on all the boards that for whatever reason a lot of what we did know as shareholders has slipped out of their hands and forgotten,..
I maybe this is good,.. Maybe it is bad,.. Maybe that is a plan? Maybe there is no plan,.. But I do want to address a few things I have gotten in email and PM’s about questions regarding land claims and Dealings and where we stand,.. What I think about Entourage and so on,.. So here we go,.. I will try my best to get this all out but as I go I tend to lose interest so if the post goes OT halfway through I am sorry ahead of time,. Lol
As Far as the actual land claims we have/had ? Well from what I can tell there isn’t any left for us as far as that goes,.. which should be no surprise to anyone considering that the company is winding down and settling their assets and such to dissolve the company,.. for some reason some posters (not naming any at all) seem to think we should have land claims left and that it is a great travesty that they are gone,.
Here is the history of the land claims for anyone who wants to know,.. they were originally owned by Urban and Family Directly through BuckShot and Commando Holdings,.. Which in turn was managed by Urban as Fort La Corne Diamond Fields Int. Later on in the life of the company they were then sold to Koch and his numbered company 101047025 - Sask ltd - Emerson Koch which he (Urban) then made an agreement with for the percentage from the Koch .
(http://www.cmkxownersgroup.com/Casavant%20Mining%20Kimberlite%20Intl.pdf)
So he gave CMKI 97% of the rights to said claims for Five equal payments of 5 million dollars,.. And he also got 20% royalties on anything found,..
Well Time passes and like everything else CMKM defaults on payments made to his friend Emerson for whatever reason (obviously to default the contract so they could be moved ) and then Emerson Signed a new agreement with Entourage,.. now the reason the amounts seems lower then the first is because Emerson did leave a lot of claims expire which again is good news,.. Lets not forget we as CMKM paid to have these claims checked out with some of the most technologically enhanced equipment out there for completing these surveys as had already deduced what is considered possibly valuable and what was not.
So the claims that Entourage got were defiantly good in the sense they have kept the best out of all the claims to explore and sample further,..
At one time in Oct of 05 they did also try to acquire the percentage Urban had in Carolyn from UCA<.. However as far as I am aware this never transpired fro whatever reason,.. I am trying to find that out now.
SO now others have also asked after I have stated things like this why does it not bother me? Well simple math tells you regardless of how many shares you have in any company if the value is there it is translated in a equal portion to the shareholder base regardless. So to me it doesn’t matter if I have millions of shares with an O/S of 800 billion or hundreds of shares at a O/S of 100 million, at the end of the day I will still get paid.
Others have also asked me why Urban if this was his dream would let the dream go to another company,.. well to be honest this was something that puzzled me also at first but then Urban was named as a signatory on Entourage Mining and UCA as well. So to me he is still holding on,.. his son and daughter were both issued shares on Entourage (large positions) so he is taking care of his own,. And the claims are not going to get too far from his grip I am sure,..
WE have seen and learned a lot over the last few years and for us to say we could guess ahead of time what will happen would be a total lie,.. Things could change at any minute and the claims could end up somewhere else.
I think that is about all I can say on the claims themselves,.. So to recap as far as we know CMKM as it stands has zero claims. And again should be no surprise to anyone who has followed and read the updates.
Now as far as what I feel personally about Entourage>?
Entourage is a great little company with some amazing people surrounding it as well,.. yet again a lot of people say well CMKM had the same,.. and look where they ended up.,.
Well yes I cannot deny that but what I can deny is the track record of the leader in control,.. Yes some of us like Urban and hold hopes in his dreams however anyone who checked his history sees he is not the man to run a company to an establishment the likes of Debeers and in fact I don’t think any of his have done a lot,.. Although some have moved on and continued as other companies,.. (kind of like our situation) But the man running the show at Entourage Gregory Kennedy has brought in some great people who are involved in the company like:
Dr. Paul Shatzko
Chairman, Former Chairman of Mountain Province Diamonds who has been on companies such as :
Camphor Ventures Inc., Carver Management Services Inc., Dasher Exploration Ltd., Gee-Ten Ventures Inc., Global Sortweb.com Inc., Iciena Ventures Inc., International Arimex Resources Inc., Titan Trading Analytics Inc. and so on and so on,..
I think if anyone is going to get this done it could be these guys and their company,.. it appears to me they are dedicated to making things happen and doing it the proper way… meaning they file their reports and do their accounting,.. and they actually explore and continue to try to build the company as well,.. lol something and everything we have been missing for the last 2-3 years in CMKM,.. So in that sense yes I am very happy over the Entourage deal,.. And although I questioned the amount paid considering the previous amounts “paid” I do also realize that in this case on the wire they were in trouble and needed to get things moving again elsewhere as they were toast in CMKM and was finally aware themselves that regardless what they attempted to do they would be shut down again and again and again.
I think the whole reason the Entourage deal is being paid out to the cert holders is not only to have them try to prove a short position but as well to solidify the fact that the short stops here and does not get transferred over to the new company Entourage.
Which me being a cert hold am fine with,.. But I do think people who do not have certs and are not getting them will be upset but I have told people before you are owed nothing,.. CMKM is revoked,.. It is done,.. You can’t hold your hand out now,.. If you want to be apart you have to pull your certs IMHO,.. END OF STORY.. lol
I hope that this helps you understand where I stand and how I feel personally,.. If you didn’t notice this post had no payouts or settlements in it, because really at this point I would rather look at what we do know and expect that.. So I expect Entourage as a diviy and I expect Entourage as the diviy to move upwards and make me some money hopefully in the end.
If and only if we do prove a Short and go after the shorters for compensation then I could see that as a settlement however anyone banking on that type of settlement will be waiting awhile as these types of things can take along time getting to the court stage and even after that on the payout side,.
Have a great day all and remember if it isn’t in a release or update then it is rumors,.. if it is rumors it is probably not true,…
Never live in the Past by always learn from it!~
I truly think after reading the last week or so’s posts on all the boards that for whatever reason a lot of what we did know as shareholders has slipped out of their hands and forgotten,..
I maybe this is good,.. Maybe it is bad,.. Maybe that is a plan? Maybe there is no plan,.. But I do want to address a few things I have gotten in email and PM’s about questions regarding land claims and Dealings and where we stand,.. What I think about Entourage and so on,.. So here we go,.. I will try my best to get this all out but as I go I tend to lose interest so if the post goes OT halfway through I am sorry ahead of time,. Lol
As Far as the actual land claims we have/had ? Well from what I can tell there isn’t any left for us as far as that goes,.. which should be no surprise to anyone considering that the company is winding down and settling their assets and such to dissolve the company,.. for some reason some posters (not naming any at all) seem to think we should have land claims left and that it is a great travesty that they are gone,.
Here is the history of the land claims for anyone who wants to know,.. they were originally owned by Urban and Family Directly through BuckShot and Commando Holdings,.. Which in turn was managed by Urban as Fort La Corne Diamond Fields Int. Later on in the life of the company they were then sold to Koch and his numbered company 101047025 - Sask ltd - Emerson Koch which he (Urban) then made an agreement with for the percentage from the Koch .
(http://www.cmkxownersgroup.com/Casavant%20Mining%20Kimberlite%20Intl.pdf)
So he gave CMKI 97% of the rights to said claims for Five equal payments of 5 million dollars,.. And he also got 20% royalties on anything found,..
Well Time passes and like everything else CMKM defaults on payments made to his friend Emerson for whatever reason (obviously to default the contract so they could be moved ) and then Emerson Signed a new agreement with Entourage,.. now the reason the amounts seems lower then the first is because Emerson did leave a lot of claims expire which again is good news,.. Lets not forget we as CMKM paid to have these claims checked out with some of the most technologically enhanced equipment out there for completing these surveys as had already deduced what is considered possibly valuable and what was not.
So the claims that Entourage got were defiantly good in the sense they have kept the best out of all the claims to explore and sample further,..
At one time in Oct of 05 they did also try to acquire the percentage Urban had in Carolyn from UCA<.. However as far as I am aware this never transpired fro whatever reason,.. I am trying to find that out now.
SO now others have also asked after I have stated things like this why does it not bother me? Well simple math tells you regardless of how many shares you have in any company if the value is there it is translated in a equal portion to the shareholder base regardless. So to me it doesn’t matter if I have millions of shares with an O/S of 800 billion or hundreds of shares at a O/S of 100 million, at the end of the day I will still get paid.
Others have also asked me why Urban if this was his dream would let the dream go to another company,.. well to be honest this was something that puzzled me also at first but then Urban was named as a signatory on Entourage Mining and UCA as well. So to me he is still holding on,.. his son and daughter were both issued shares on Entourage (large positions) so he is taking care of his own,. And the claims are not going to get too far from his grip I am sure,..
WE have seen and learned a lot over the last few years and for us to say we could guess ahead of time what will happen would be a total lie,.. Things could change at any minute and the claims could end up somewhere else.
I think that is about all I can say on the claims themselves,.. So to recap as far as we know CMKM as it stands has zero claims. And again should be no surprise to anyone who has followed and read the updates.
Now as far as what I feel personally about Entourage>?
Entourage is a great little company with some amazing people surrounding it as well,.. yet again a lot of people say well CMKM had the same,.. and look where they ended up.,.
Well yes I cannot deny that but what I can deny is the track record of the leader in control,.. Yes some of us like Urban and hold hopes in his dreams however anyone who checked his history sees he is not the man to run a company to an establishment the likes of Debeers and in fact I don’t think any of his have done a lot,.. Although some have moved on and continued as other companies,.. (kind of like our situation) But the man running the show at Entourage Gregory Kennedy has brought in some great people who are involved in the company like:
Dr. Paul Shatzko
Chairman, Former Chairman of Mountain Province Diamonds who has been on companies such as :
Camphor Ventures Inc., Carver Management Services Inc., Dasher Exploration Ltd., Gee-Ten Ventures Inc., Global Sortweb.com Inc., Iciena Ventures Inc., International Arimex Resources Inc., Titan Trading Analytics Inc. and so on and so on,..
I think if anyone is going to get this done it could be these guys and their company,.. it appears to me they are dedicated to making things happen and doing it the proper way… meaning they file their reports and do their accounting,.. and they actually explore and continue to try to build the company as well,.. lol something and everything we have been missing for the last 2-3 years in CMKM,.. So in that sense yes I am very happy over the Entourage deal,.. And although I questioned the amount paid considering the previous amounts “paid” I do also realize that in this case on the wire they were in trouble and needed to get things moving again elsewhere as they were toast in CMKM and was finally aware themselves that regardless what they attempted to do they would be shut down again and again and again.
I think the whole reason the Entourage deal is being paid out to the cert holders is not only to have them try to prove a short position but as well to solidify the fact that the short stops here and does not get transferred over to the new company Entourage.
Which me being a cert hold am fine with,.. But I do think people who do not have certs and are not getting them will be upset but I have told people before you are owed nothing,.. CMKM is revoked,.. It is done,.. You can’t hold your hand out now,.. If you want to be apart you have to pull your certs IMHO,.. END OF STORY.. lol
I hope that this helps you understand where I stand and how I feel personally,.. If you didn’t notice this post had no payouts or settlements in it, because really at this point I would rather look at what we do know and expect that.. So I expect Entourage as a diviy and I expect Entourage as the diviy to move upwards and make me some money hopefully in the end.
If and only if we do prove a Short and go after the shorters for compensation then I could see that as a settlement however anyone banking on that type of settlement will be waiting awhile as these types of things can take along time getting to the court stage and even after that on the payout side,.
Have a great day all and remember if it isn’t in a release or update then it is rumors,.. if it is rumors it is probably not true,…
Never live in the Past by always learn from it!~
Gangus