Post by Zoinkers on Aug 28, 2006 16:10:03 GMT -5
FRIZZELL LAW FIRM
602 S. Broadway
Tyler, Texas 75701
(903)595-1921
To all CMKX shareholders:
Bill will be unavailable most of this week, but he asked me to update everyone on today's press release for those who have not seen it on the boards. He will comment in an update when he returns to the office.
John
CMKM Diamonds Provides Corporate Update [GHVYPWQ]
LAS VEGAS--(Business Wire)--Aug. 28, 2006--
CMKM Diamonds Inc. wishes to update its loyal and
patient shareholder base on current actions of the company and plans
for the future.
"I wish to personally thank our shareholders for enduring this
extremely long quiet period that has had to take place in order for
our Company to comply with regulatory issues and make plans for the
company to continue moving forward," stated Urban Casavant.
It should be noted that Mr. Casavant has been suffering from
serious health related issues and is no longer able to carry on the
day to day related activities of the company. Mr. Casavant plans to
remain as a Director of the Company and intends to announce new
management within the next two weeks. Along with this announcement,
new management will be instructed to re-establish an office within the
next 30-45 days.
On June 6, 2006, the Task Force was officially dissolved with a
recommendation to the Company to interplead the 45 million share
Entourage certificate in United States District Court in an effort to
complete the identifying process of the bona fide shareholders and
distribute the shares thereafter. The Task Force was created as an
independent third party to give an unbiased opinion as to who the bona
fide stockholders of CMKM are.
Mr. Casavant added, "I would also like to personally thank the
Task Force for all of their hard work. Mr. Maheu, Mr. Stoecklein and
Mr. Frizzell have done an exceptional job and the company thanks them
for their commitment to accuracy in reporting, due diligence and their
firm resolve and pursuit of what has always been the best interests of
the shareholders of the Company."
Recently-retained legal counsel for CMKM, John T. Moran III of the
Law Offices of Moran & Associates, a law firm whose residence is
situated in the Great State of Nevada, will now proceed via the
federal court system and, specifically, initiation of action in
interpleader and for purpose of accounting and earmarking certificates
to those shareholders presenting viable equity in the Company. As part
of the Task Force's recommendation, the federal courts have subpoena
power which, if deemed appropriate, could ultimately be used to gain
cooperation from brokers that have allegedly-refused to comply with
the Company and Task Force's efforts to date. This interpleader action
must take place so that the Company can move forward.
The Company intends on communicating all related information
deemed material to the shareholders in a timely manner and anticipates
a busy schedule related to the matters contained in this press
release.
The Company wishes to communicate to its shareholders that the
message boards are not the place to find official news from the
Company. The Company will only disseminate information to its
shareholders through the use of an official press release.
Safe Harbor Statement:
This news release contains certain "forward-looking statements"
within the meaning of Section 27a of the Securities Act of 1933 and
Section 21e of the Securities Exchange Act of 1934. Although the
Company believes the expectations reflected in such forward-looking
statements are reasonable, it can provide no assurance that actual
results will meet or exceed such expectations.
CMKM Diamonds Inc., Las Vegas
Investor Relations, 702-966-6328
602 S. Broadway
Tyler, Texas 75701
(903)595-1921
To all CMKX shareholders:
Bill will be unavailable most of this week, but he asked me to update everyone on today's press release for those who have not seen it on the boards. He will comment in an update when he returns to the office.
John
CMKM Diamonds Provides Corporate Update [GHVYPWQ]
LAS VEGAS--(Business Wire)--Aug. 28, 2006--
CMKM Diamonds Inc. wishes to update its loyal and
patient shareholder base on current actions of the company and plans
for the future.
"I wish to personally thank our shareholders for enduring this
extremely long quiet period that has had to take place in order for
our Company to comply with regulatory issues and make plans for the
company to continue moving forward," stated Urban Casavant.
It should be noted that Mr. Casavant has been suffering from
serious health related issues and is no longer able to carry on the
day to day related activities of the company. Mr. Casavant plans to
remain as a Director of the Company and intends to announce new
management within the next two weeks. Along with this announcement,
new management will be instructed to re-establish an office within the
next 30-45 days.
On June 6, 2006, the Task Force was officially dissolved with a
recommendation to the Company to interplead the 45 million share
Entourage certificate in United States District Court in an effort to
complete the identifying process of the bona fide shareholders and
distribute the shares thereafter. The Task Force was created as an
independent third party to give an unbiased opinion as to who the bona
fide stockholders of CMKM are.
Mr. Casavant added, "I would also like to personally thank the
Task Force for all of their hard work. Mr. Maheu, Mr. Stoecklein and
Mr. Frizzell have done an exceptional job and the company thanks them
for their commitment to accuracy in reporting, due diligence and their
firm resolve and pursuit of what has always been the best interests of
the shareholders of the Company."
Recently-retained legal counsel for CMKM, John T. Moran III of the
Law Offices of Moran & Associates, a law firm whose residence is
situated in the Great State of Nevada, will now proceed via the
federal court system and, specifically, initiation of action in
interpleader and for purpose of accounting and earmarking certificates
to those shareholders presenting viable equity in the Company. As part
of the Task Force's recommendation, the federal courts have subpoena
power which, if deemed appropriate, could ultimately be used to gain
cooperation from brokers that have allegedly-refused to comply with
the Company and Task Force's efforts to date. This interpleader action
must take place so that the Company can move forward.
The Company intends on communicating all related information
deemed material to the shareholders in a timely manner and anticipates
a busy schedule related to the matters contained in this press
release.
The Company wishes to communicate to its shareholders that the
message boards are not the place to find official news from the
Company. The Company will only disseminate information to its
shareholders through the use of an official press release.
Safe Harbor Statement:
This news release contains certain "forward-looking statements"
within the meaning of Section 27a of the Securities Act of 1933 and
Section 21e of the Securities Exchange Act of 1934. Although the
Company believes the expectations reflected in such forward-looking
statements are reasonable, it can provide no assurance that actual
results will meet or exceed such expectations.
CMKM Diamonds Inc., Las Vegas
Investor Relations, 702-966-6328