April 8, 2014 RE: Update on CMKM vs. Wells Fargo
To All CMKM Shareholders:
The long-awaited hearing to argue certain merits and aspects of CMKM vs. Wells Fargo was held today in Las Vegas. Briefly stated, Judge Scann has allowed our case to proceed. However, we fully expect the Wells Fargo legal team to attempt to delay/overturn the case and the move to a discovery phase in the days ahead. We have won this round, but there is a long fight remaining. We are essentially starting at “square one” again.
I am thankful that our case is still alive, and remain cautiously optimistic that we will eventually prevail and receive due compensation from a very large banking institution that clearly participated in a large and very damaging fraud against the company and its Shareholders.
I will post any court documents that are generated from today’s hearing on this website upon receipt, and will comment further as information is made available to me. Thank you and God bless.
Steve Kirkpatrick
