CMKX NEWS (PR) - Penny Stocks

getgreen · Mon, 08-28-2006, 02:48 PM

CMKM Diamonds Provides Corporate Update
Monday August 28, 12:40 pm ET

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.

ADVERTISEMENT

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.

Contact:
CMKM Diamonds Inc., Las Vegas
Investor Relations, 702-966-6328

capt_nemo · Thu, 12-21-2006, 08:58 AM

CMKX. CMKM Diamonds Issues Additional Information

PrintE-mailDisable live quotesRSSDigg itDel.icio.usRelated Blog Posts & ArticlesLast Update: 11:32 PM ET Dec 20, 2006

LAS VEGAS, Dec 20, 2006 (BUSINESS WIRE) -- CMKM Diamonds, Inc. has set up a new phone number that will be answered by Interim CEO Kevin West during regular market hours to help address shareholder questions and concerns. The new phone number is 702-946-9497.
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.
SOURCE: CMKM Diamonds, Inc.
CMKM Diamonds Inc., Las Vegas Kevin West, 702-946-9497 Copyright Business Wire 2006
REST IN HE errrrrrrrrrr well you know!!!!!!

EC007 · Fri, 12-22-2006, 09:22 AM

It will never die...HaHaHa Cappy!

It'll just keep gettin' a new peter bilt! : )

OK...You Go In The Shaft First! HeHe

capt_nemo · Fri, 12-22-2006, 09:28 AM

Diamonds and rustttttttttttttttttt , and I wll take the lead down that drift, FOLLOW ME< theres diamonds in dat hole weeeeeeeeeeeee

capt_nemo · Thu, 08-30-2007, 08:15 PM

Entourage Mining sues CMKM Diamonds

2007-08-30 15:01 ET - Street Wire

Also Street Wire (U-CMKX) CMKM Diamonds Inc

by Stockwatch Business Reporter

CMKM Diamonds Inc., a defunct pink sheet promotion that once boasted a staggering 703.5 billion outstanding shares, is being sued by its former saviour, Entourage Mining Ltd., for breaching an Oct. 20, 2005, property agreement. Entourage is also suing 101047025 Saskatchewan Ltd. for breaching the same agreement.

In the deal, Entourage would issue 33.88 million shares to the numbered company in return for an 80-per-cent interest in CMKM's Smeaton mineral project in the Fort a la Corne area of Saskatchewan. CMKM (presumably getting the shares from the numbered company) would distribute 30 million shares of Entourage to the shareholders of CMKM.

Entourage alleges that CMKM did not distribute the Entourage shares to CMKM shareholders as required by the deal. It also alleges that the numbered company reneged on the deal by not co-operating with Entourage's geologists, not providing enough information to file an NI 43-101 report and letting the mineral claims lapse.

Entourage wants a court order forcing the numbered company to give Entourage its shares back and a declaration that the numbered company broke the contract. Failing that, it wants damages from both the numbered company and CMKM for breach of contract.

Entourage also alleges that CMKM broke a separate agreement signed on the same day. In return for 15 million shares of Entourage, Entourage would receive CMKM's option to the Hatch Lake property. CMKM was supposed to distribute the shares to its shareholders, but did not. Entourage wants CMKM to return the 15 million shares; if it cannot have that, it wants damages for breach of contract.

Nick Kambas represents Entourage. None of the allegations have been proven in court.

A convoluted past

This is closer to the last chapter of CMKM's history than the first. The October, 2005, agreements with Entourage should have started the winding up of the company. The agreements coincided with CMKM's dropping of its appeal of the U.S. Securities and Exchange Commission's decision to revoke the company's registration on July 12, 2005. The SEC had suspended the company in March, 2005, after two years of failure to file financial statements and annual reports. After a hearing in May of 2005, the SEC argued that revoking the company's registration -- after evidence the company was an egregious, repeat securities violator -- was the only way to protect future victims. After unloading its remainings assets, the company planned to divide up whatever it had left among its shareholders.

Before the SEC revoked the company's registration, shareholder Bill Frizzell tried to introduce evidence that illegal short selling was responsible for the company's misfortunes. Mr. Firzzell also alleged that the SEC was conspiring to conceal the illegal short sales. The judge in the case thwarted his attempt, ruling that any short selling was irrelevant in a hearing about the adequacy (or lack thereof) of the company's filings.

Although its predecessor companies traded around $3.50 in 2000, CMKM traded for hundredths of a penny or less for most of 2004 and 2005. On one day of trading in 2004, 39 billion shares of the company traded. The frenzy had little to do with the company's assets or prospects, which consisted of nothing more than lightly explored mining claims and mineral options. By CMKM's reckoning, it had 703.5 billion shares issued, although Mr. Frizzell claimed there were hundreds of billions of shares that had been sold short, possibly trillions.

With files from Lee M. Webb.

Mon, 08-28-2006, 02:48 PM	#1 (permalink)
getgreen Join Date: Mar 2006 Location: South FL Posts: 13	CMKX NEWS (PR) CMKM Diamonds Provides Corporate Update Monday August 28, 12:40 pm ET 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. ADVERTISEMENT 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. Contact: CMKM Diamonds Inc., Las Vegas Investor Relations, 702-966-6328

Thu, 12-21-2006, 08:58 AM	#2 (permalink)
capt_nemo Realist,/Moderator!!! Join Date: Dec 2005 Location: My feet!!! Posts: 2,836	weeeeeeeeeeeee CMKX. CMKM Diamonds Issues Additional Information PrintE-mailDisable live quotesRSSDigg itDel.icio.usRelated Blog Posts & ArticlesLast Update: 11:32 PM ET Dec 20, 2006 LAS VEGAS, Dec 20, 2006 (BUSINESS WIRE) -- CMKM Diamonds, Inc. has set up a new phone number that will be answered by Interim CEO Kevin West during regular market hours to help address shareholder questions and concerns. The new phone number is 702-946-9497. 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. SOURCE: CMKM Diamonds, Inc. CMKM Diamonds Inc., Las Vegas Kevin West, 702-946-9497 Copyright Business Wire 2006 REST IN HE errrrrrrrrrr well you know!!!!!! __________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. Joseph Conrad, Use your own mind on what to buy and sell!!

Fri, 12-22-2006, 09:22 AM	#3 (permalink)
EC007 Member Join Date: Jan 2006 Posts: 11	Haaaaaaaaaaaaaaa! : ) It will never die...HaHaHa Cappy! It'll just keep gettin' a new peter bilt! : ) OK...You Go In The Shaft First! HeHe

Fri, 12-22-2006, 09:28 AM	#4 (permalink)
capt_nemo Realist,/Moderator!!! Join Date: Dec 2005 Location: My feet!!! Posts: 2,836	LOL Hi Dan!!! Diamonds and rustttttttttttttttttt , and I wll take the lead down that drift, FOLLOW ME< theres diamonds in dat hole weeeeeeeeeeeee __________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. Joseph Conrad, Use your own mind on what to buy and sell!!

Thu, 08-30-2007, 08:15 PM	#5 (permalink)
capt_nemo Realist,/Moderator!!! Join Date: Dec 2005 Location: My feet!!! Posts: 2,836	Entourage Mining sues CMKM Diamonds Entourage Mining sues CMKM Diamonds 2007-08-30 15:01 ET - Street Wire Also Street Wire (U-CMKX) CMKM Diamonds Inc by Stockwatch Business Reporter CMKM Diamonds Inc., a defunct pink sheet promotion that once boasted a staggering 703.5 billion outstanding shares, is being sued by its former saviour, Entourage Mining Ltd., for breaching an Oct. 20, 2005, property agreement. Entourage is also suing 101047025 Saskatchewan Ltd. for breaching the same agreement. In the deal, Entourage would issue 33.88 million shares to the numbered company in return for an 80-per-cent interest in CMKM's Smeaton mineral project in the Fort a la Corne area of Saskatchewan. CMKM (presumably getting the shares from the numbered company) would distribute 30 million shares of Entourage to the shareholders of CMKM. Entourage alleges that CMKM did not distribute the Entourage shares to CMKM shareholders as required by the deal. It also alleges that the numbered company reneged on the deal by not co-operating with Entourage's geologists, not providing enough information to file an NI 43-101 report and letting the mineral claims lapse. Entourage wants a court order forcing the numbered company to give Entourage its shares back and a declaration that the numbered company broke the contract. Failing that, it wants damages from both the numbered company and CMKM for breach of contract. Entourage also alleges that CMKM broke a separate agreement signed on the same day. In return for 15 million shares of Entourage, Entourage would receive CMKM's option to the Hatch Lake property. CMKM was supposed to distribute the shares to its shareholders, but did not. Entourage wants CMKM to return the 15 million shares; if it cannot have that, it wants damages for breach of contract. Nick Kambas represents Entourage. None of the allegations have been proven in court. A convoluted past This is closer to the last chapter of CMKM's history than the first. The October, 2005, agreements with Entourage should have started the winding up of the company. The agreements coincided with CMKM's dropping of its appeal of the U.S. Securities and Exchange Commission's decision to revoke the company's registration on July 12, 2005. The SEC had suspended the company in March, 2005, after two years of failure to file financial statements and annual reports. After a hearing in May of 2005, the SEC argued that revoking the company's registration -- after evidence the company was an egregious, repeat securities violator -- was the only way to protect future victims. After unloading its remainings assets, the company planned to divide up whatever it had left among its shareholders. Before the SEC revoked the company's registration, shareholder Bill Frizzell tried to introduce evidence that illegal short selling was responsible for the company's misfortunes. Mr. Firzzell also alleged that the SEC was conspiring to conceal the illegal short sales. The judge in the case thwarted his attempt, ruling that any short selling was irrelevant in a hearing about the adequacy (or lack thereof) of the company's filings. Although its predecessor companies traded around $3.50 in 2000, CMKM traded for hundredths of a penny or less for most of 2004 and 2005. On one day of trading in 2004, 39 billion shares of the company traded. The frenzy had little to do with the company's assets or prospects, which consisted of nothing more than lightly explored mining claims and mineral options. By CMKM's reckoning, it had 703.5 billion shares issued, although Mr. Frizzell claimed there were hundreds of billions of shares that had been sold short, possibly trillions. With files from Lee M. Webb. __________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. Joseph Conrad, Use your own mind on what to buy and sell!!

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