Post by Franko10 ™ on May 4, 2007 6:42:00 GMT -5
4-18-07 Update #1
It has been another busy week. We have an extremely large amount of information to share with you in the next press release. I must once again ask for your patience during the next couple of days as we finalize the actions that precede the press release. The press release is written, but the information to be provided along with it is not finished and it is of utmost importance that everything is done in order. Again, we have no room for error. I am going to go ahead and share some information of the progress that we are making with you today.
The Frizzell Law Firm is assisting the Company in the hiring of accounting professionals which we need without further delay. We have begun discussions with a Tyler CPA firm. We are seeking help from a CPA with the proper forensic experience and certifications. We are convinced there is a large volume of records that have been lost, misplaced or destroyed. We will obtain all financial records of this company and we will have these records audited.
Bill is conducting a full scale investigation into the sale of bulk certs which seems to be an ongoing problem. We are concerned about certs that were obtained with forged signatures from people that were at one time close to company insiders. It is the company's intention to cancel any illegal, forged or unauthorized shares regardless of how they were obtained. This is part of the shareholder and outstanding share audit we have been undergoing and transparency is a requirement in everything we are doing.
The Frizzell Law Firm has also assisted CMKM by hiring attorney Rich Lottmann to assist in the restructuring of the Company. Rich is advising me on changing the domicile of the company as well as other matters to include the best way to proceed in attracting new management to help us turn our company around. Work is already in progress to move the corporate home of CMKM to Texas.
We are working very hard to get a lot of situations handled at one time. Please have the respect and courtesy not to call any of the attorneys or firms mentioned in any updates or press releases. I understand your anxiousness and need for verification, but these professionals have a huge workload and time is of the essence for CMKM. I will provide you with updates on progress as it becomes available.
Thank you so very much for your support and understanding,
Kevin
To all CMKM shareholders:-
4-18-07 Update #2
It has come to my attention that the Abadgoodgirls, Jay Adobes and Acca Dacca’s of this world are spinning my updates as they have done with every update or press release of the past.
Your NEW management is going to start treating this company like a real company. The things these individuals are saying are false. There is no delivery coming to your house after the PR on Friday. Please do not listen to rumors of fortunes waiting just around the corner nor rumors of large trust accounts that have been set up with money or other assets to be delivered to shareholders. These rumors are simply not true.
The former Chairman stepping down last month has absolutely nothing to do with a plan. There is no secret sting in place, compartmentalized management or any other such secret operation. This is a very critical time, and if we don’t correct the problems from the past, we will further delay our move into the future. These posters and others like them are part of the problems from the past. Apparently, giving frequent and factual information has not stopped these individuals from preying on innocent shareholders.
It breaks my heart every time I hear of one of these posters stirring up the shareholder base with the excitement of a looming payout. Please understand that these posters are only feeding on your emotions and I cannot allow it to continue. I am currently in discussion with our legal counsel about our legal options against people that post blatantly false information pertaining to our Company.
We are in a rebuilding stage and everything will become more evident after this next press release.
Thank you for your continued support,
Kevin West
CEO
The New CMKM
It has been another busy week. We have an extremely large amount of information to share with you in the next press release. I must once again ask for your patience during the next couple of days as we finalize the actions that precede the press release. The press release is written, but the information to be provided along with it is not finished and it is of utmost importance that everything is done in order. Again, we have no room for error. I am going to go ahead and share some information of the progress that we are making with you today.
The Frizzell Law Firm is assisting the Company in the hiring of accounting professionals which we need without further delay. We have begun discussions with a Tyler CPA firm. We are seeking help from a CPA with the proper forensic experience and certifications. We are convinced there is a large volume of records that have been lost, misplaced or destroyed. We will obtain all financial records of this company and we will have these records audited.
Bill is conducting a full scale investigation into the sale of bulk certs which seems to be an ongoing problem. We are concerned about certs that were obtained with forged signatures from people that were at one time close to company insiders. It is the company's intention to cancel any illegal, forged or unauthorized shares regardless of how they were obtained. This is part of the shareholder and outstanding share audit we have been undergoing and transparency is a requirement in everything we are doing.
The Frizzell Law Firm has also assisted CMKM by hiring attorney Rich Lottmann to assist in the restructuring of the Company. Rich is advising me on changing the domicile of the company as well as other matters to include the best way to proceed in attracting new management to help us turn our company around. Work is already in progress to move the corporate home of CMKM to Texas.
We are working very hard to get a lot of situations handled at one time. Please have the respect and courtesy not to call any of the attorneys or firms mentioned in any updates or press releases. I understand your anxiousness and need for verification, but these professionals have a huge workload and time is of the essence for CMKM. I will provide you with updates on progress as it becomes available.
Thank you so very much for your support and understanding,
Kevin
To all CMKM shareholders:-
4-18-07 Update #2
It has come to my attention that the Abadgoodgirls, Jay Adobes and Acca Dacca’s of this world are spinning my updates as they have done with every update or press release of the past.
Your NEW management is going to start treating this company like a real company. The things these individuals are saying are false. There is no delivery coming to your house after the PR on Friday. Please do not listen to rumors of fortunes waiting just around the corner nor rumors of large trust accounts that have been set up with money or other assets to be delivered to shareholders. These rumors are simply not true.
The former Chairman stepping down last month has absolutely nothing to do with a plan. There is no secret sting in place, compartmentalized management or any other such secret operation. This is a very critical time, and if we don’t correct the problems from the past, we will further delay our move into the future. These posters and others like them are part of the problems from the past. Apparently, giving frequent and factual information has not stopped these individuals from preying on innocent shareholders.
It breaks my heart every time I hear of one of these posters stirring up the shareholder base with the excitement of a looming payout. Please understand that these posters are only feeding on your emotions and I cannot allow it to continue. I am currently in discussion with our legal counsel about our legal options against people that post blatantly false information pertaining to our Company.
We are in a rebuilding stage and everything will become more evident after this next press release.
Thank you for your continued support,
Kevin West
CEO
The New CMKM