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How to legitimately go after CMKX insiders, just before you release them give them a friendly handshake:
Bounty Hunter
For those of you who can't hold a day job, you might consider bounty hunting. Since the romantic notion of men being brought in dead or alive for a price on their head is almost gone, you end up working for bail bondsmen, not the most romantic of employers. They will pay you a finder's fee so they don't have to cough up the entire amount of the court-imposed bail when their client doesn't show.
The job does not require much training or even much of anything except a pair of handcuffs and a little skip-tracing education. (Don't believe everything you see on "Renegade." It isn't necessary to have a Lorenzo Lamas physique, long hair or a Harley.) What you get for bringing in bad people is between 10 and 30 percent of the fugitives' bail from the grateful bondsmen. Their clients will not be happy to see you and, in most cases, will try to elude you, since you have neither an attractive uniform nor a big gun. If you have a permit to carry a gun, you are not always allowed to use it. You need a license to operate in Indiana and Nevada but in other states, you are essentially making a citizen's arrest, and if you end up with broken bones or holes in you, it's your problem. Some states don't like bounty hunters; you can't practice your business in Illinois, Kentucky or Oregon, for example.
There are about 2000 bounty hunters (50-100 are active) in the U.S. who return about 20,000 fugitives each year. It is estimated that about 35,000 folks jump bail (don't appear in court) and about 87 percent are brought back by bounty hunters. Most of these hunters don't make much money. The lower the bail, the less serious the crime, the less money they make, the easier the errant crooks or fugitives (don't forget they are innocent until proven guilty) are to find.
There is a market for high-end bounty hunters. There are many fugitive terrorists with very big prices on their heads. But you will need a working command of Arabic, Persian, French and some tribal dialects. You will need to be fully conversant with Islam and the Koran and be able to travel around Afghanistan and Pakistan. If you're caught, you will be lucky if you are shot. If you want to know more about bounty hunting or just hang out with the 1500 or so members of the NIBE contact the following:
National Institute of Bail Enforcement
P.O. Box 1170
Tombstone, AZ 85638
(520) 457-9360
Western States Bail Enforcement Association
P.O. Box 352
Los Altos, CA 94023
e-mail: webmaster@bounty-hunter.org
http://www.bounty-hunter.org/
The confidentiality is for Entourage's protection only.
I'm betting they're just giving CMKX something to save costs of a long trial. The monetary offer is insulting but perhaps some of their tangible assets may be of value to us.
Where is the rest of our $$$ someone still has it.
The crooks thought CMKX was like taking candy from a baby, not this time. Had they stuck to a small group of people that would have been just a quick dirty wash.
Now we are under the watchful eye of washington.
This much I know!
We're not going anywhere!!!
This is now personal... not a good idea to piss off so many people...
There are thousands of us and if this doesn't go in our favour...god help them...
News!!! CMKM Diamonds, Inc. has accepted a parcel of real estate in Clayton, Georgia
April 21, 2009
CMKM Diamonds Announces Settlement Agreement With Eton Properties
CMKM has negotiated an agreement with Eton Properties, Inc. which will result in a dismissal of the litigation filed in Haywood County, North Carolina. The settlement agreement between CMKM and Eton Properties, Inc. contains a strictly worded confidentiality clause so the settlement agreement will not be posted on the web site. CMKM Diamonds, Inc. has accepted a parcel of real estate in Clayton, Georgia. There is a possibility of additional litigation against unnamed third parties in order to conclude the settlement and obtain the full benefits of the settlement agreement. The Board of Directors of CMKM Diamonds, Inc. has approved the settlement agreement.
http://www.cmkmdiamondsinc.com/corp_index.html
Exactly who warned who ? Also how could someone on this board be warning people unless they have insider information, even the sec had no clue that there were more then 300 people who owned CMKX and that's in itself proof that they are not doing their job!!! There were billions of shares trading daily and they had no clue there were more then 300 shareholders ?
Thats got to be the dumbest excuse for trying to delist a stock!!!!!!!!!!!!
Its not gone just has been moved to a place we can't find it.
Is the entire banking system untracable???
If the money got transferred to their accounts, they must have put them somewhere.
I hope someone finds these guys and puts some muscle to make the talk! Sometimes going by the book is not going to get us the answers.
Perhpas we need some of that bad cop musle routine like back in the 50's to make them talk...
Any cops out there willing to help us out ??? lol
Give us our money back with interest. Is that too much to ask for, considering it was stolen!
You can spin that little bs story about spending all 250Million gambling to little bunnies, but the reality is that most of that money is out there and its crazy that the FBI or someone doesn't step in to trace where it has gone.
Did these guys cash it or request gold bards ???
Did the Banks delete the money trail, no backups, I just don't get it ??? Why is no one doing anything its Theft!!!
Fining some bs sob with a 5thousand dollar fine is a piss drink.
Sounds like we can rob people with no penalties ??? is this the sort of BS that our government and congress is promoting ???
Having someone like RG and loopholes is the perfect way to live a nice life without having to win the lottery...
This is money that the government has lost too because if we don't have it we don't spend it. I should have bought a fricket Z4 instead of investing in any crap hole offered on the stock market which is guaranteed to fail!!!!!!!!!
The entire stock market is fradulant!!! its all bs
WTF
Are the "up to 622 billion shares of purportedly unrestricted stock" (Item 4) issued by former company insiders in an "unregistered distribution" (Item 4), as cited by the SEC in Case 2:08-cv-00437, part of the 703 billion issued and outstanding shares, or are they above and beyond that number?
Again, I would appreciate any guidance on this issue from the SEC, so that we can respond properly to shareholders' inquiries.
Feel free to call me if you have any questions, or if we can assist you in your ongoing efforts to help us find justice in the ongoing CMKM Diamonds, Inc. investigations. As always, we are willing to cooperate in any way possible.
Sincerely,
Mark Faulk
CEO, CMKM Diamonds, Inc.
This is the response I received today from SEC attorney Leslie Hakala:
Thanks for your email. Answering your last question: The 622 billion shares that we alleged were improperly issued are included within the 703 billion issued and outstanding shares.
Unfortunately, we can’t give legal advice to investors, so we are not comfortable responding to the other questions. I have, however, passed the questions on to others in our Washington headquarters, and will let you know if they can provide any guidance.
What do you conclude from this response, do we have a legal case to sue ? (To sue not the company but who ever was ment to ensure sort of thing should not happen)
I personally believe there is more going on here then just NSS.
What exactly happened to the CMKX shares...
Can anyone elaborate on that ???
It seems like when CMKX was trading we have received shares from our Brokers that were not ment to be introduced to the stock market ? If so why is this issue not being delt with?
Is there a loophole in the system, because thats what it sounds like ?
Quoted:
"The 622 billion shares that we alleged were improperly issued are included within the 703 billion issued and outstanding shares." - Leslie Hakala, SEC
Maybe if the SEC had some actual authority instead of none, then the stock market would function the way it is ment to ?
They couldn't even go past the 10 days, unless they could come up with a totally different reason for keeping CMKX non trading.
Then there was R Glenn who is as crooked as the rest of CMKX.
He should have his reputation go down the hole with a failure to report these crooks to the police. He knew what he was doing.
Is that your perspective on Fraud ?
So is everyone implying that the purpose of the SEC is to cover up the mess ? Is that what the police investation unit does too, they cover up everything so no police officer ever is found guilty ? Is that what we should gather.
http://www.businessjive.com/
The dark side of our current stock market and why the USA may be in trouble!
http://www.businessjive.com/
To date nothing has been done to rectify or settle accounts of myself, friends along with 50,000 other investors who were harmed by this fraud. The DTCC, SEC, DOJ, FBI, CIA,FINRA, countless Congress members, Several State Governors and multiple State agencies, as well as an obsurd amount of elected officials have been notified of this theft, however to date nothing has been done. OH ya and yes the president of the USA included, is now aware of CMKX! Insiders dumped 700 billion shares into the market - 622 billion were unregistered and $250 million was stolen from shareholders. No one is taking any action, why ? If a bank gets robbed the police are on their way in minutes, or the government steps in with funds. This revoked company initiated a cert pull to trap naked short sellers. I believe there is possible insider SEC and DTCC fraud and cover-ups involved in this case hence they will keep this going for years. If people are still unclear as to what exactly NSS is, there is a slide show narrated by Patrick Byrnes, the CEO of Overstock.com. Combine the information in the slide show, coupled with what you are seeing in the financial markets and you will suddenly see an entirely different picture.
We, the shareholders of CMKX, are aiming to make a difference.
http://www.businessjive.com/
We never recieved a report on the results and we believe we have at least a trillion counterfiet shares sold into the market. Regulators have failed to protect us from the obvious fraud even though they were involved long before the halt in trading. Our claims have reverted to many other companies and we don't even know how that was done. The SEC has done nothing to protect the people.
The SEC has, for decades, permitted an illegal action on Wall Street called Naked Short Selling.............Phantom Shares............Counterfeit Shares........Fails to Deliver. This is where a Broker sells shares of a stock that they don't have and never make arrangements to acquire. The money spent by investors simply GOES SOUTH. This act has caused an average of 6 billion dollars to be stolen out of the stock market every day.
The SEC, just two years ago,denied that Naked Short Selling ever existed. The dismal state of economy is a direct result of the ramifications on NSS. Robert Mahue was brought in by a small diamond exploration company named CMKX to expose this illegal activity.
CMKX WENT THROUGH THE LARGEST NAKED SHORT IN THE HOSTORY OF THE U.S. Nearly 7 TRILLION Naked Short Shares were sold. Robert Mahue squeezed the Brokers to come up with Billions of dollars to cover these illegal sales. I am a stock holder in CMKX. The SEC is aware of a huge trust that Mr.Mahue set up to compensate CMKX share holders because of NSS. The SEC and or the government are holding up the distribution of these funds. The money is sitting, waiting to be sent out to damaged share holders. The SEC has the ability to release these funds.............but are not doing so.
What is your view on this one ?
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=BLVT
At least he had a little fun in his life all those parties like the love shack, strippers, booze, oh well it was good while it lasted now its time to pay the piper.
Thats only the first part, next we get them to pick up the soap if they refuse to talk where the money is.
Its going to go something like this ...
UC would you please bend down to pick up the soap...
but before you do just wanted to let you know I'm here with you because you drove me to robbing a bank. So hurry and pick up the soap come UC don't be shy! lol
Its ok It'll only hurt the first year then you won't feel a thing. ha ha ha These guys are so in trouble. lol
On behalf of the Obama's Foundation, we wish to notify you as a beneficiary of
$99,000,000 USD in compensation of scam victims.Do contact HSBC INTERNATIONAL
BANK, United Kingdom Branch for verification and release of your $99,000,000
USD that we have deposited with the HSBC BANK,UK.
The account log on will be presented to you by the bank in order to access the
funds before releasing into your nominated bank account. You will transfer the
funds into your nominated account on-line as the HSBC BANK,UK will provide the
necessary information to you. We have taken care of the cost of transfer
(C.O.T) and the VAT.Please if you are willing to accept the funds, do contact
the Managing Director of the HSBC BANK,UK with the following details: You are
to fill the appropriate form and submit to the bank.
[1] Full Names:________________
[2] Contact address______________________________
[3] Direct Telephone No: ___________________
|4| Occupation : ____________________________
[5] Age :_______________
{6} Marital Status:_______________
Managing Director of the HSBC BANK,UK
Name: Mrs. Roseline Wood
Private Email: mrsroselinewood@gmail.com
Yours Faithfully,
Dr.Caravan Marvis
Co-ordinator.
OBAMA'S FOUNDATION
And you thought we weren't getting paid lol
I have a few questions:
1. Are we really under Regulation Sho & RICO protection?
2. Do we own counterfeit shares?
3. Why do some CMKX certificates have two slightly different signatures?
4. Do we have any hope of a settlement?
Especially!!!
5. By owning certificates, are we protected by any regulatory laws? Why cant we find out if our securities are registered or unregistered especially since the sec claims that only portion of "unregistered" securities have been sold by edwards, and others used other brokers, why has sec not named and sued other brokers(if they did does it make them look bad)? How did SEC come up with total number of "unregistered" shares? SEC also claims that company sold unregistered shares but talked about naked shorting. Question: did sec perform search into whether there was nss in cmkx. (They claimed in the past NSS is legal?)
In case you missed it Cody was talking to shareholders Friday, 4-17 9PM EST
I wonder if Cody was aware that Mark Faulk has stated that if we can get back to mining again, he plans to step aside along with the BOD to let someone more knowledgeable handle the company. They have no plans of staying with the company management. What does that say to Cody.
What right does Tyler have to negotiate our entourage cert, which was suposed to go to shareholders.
Transfer of Cmkx from Nevada to Tyler? One or 2 cmkx companies?
How did Kevin get the company?
Why no sharehodlers meeting?
Any other rights we are not aware of in the bylaws that have not been provided to us by Tyler. Explain our bylaws between Tyler and shareholders. Who wrote the bylaws? Are they still in good standing?
2. Cody found in derivative lawsuits that Frizzell posted we have acquirred Assets that will alow us to go back trading.
Under #1 Cody should officialy ask Frizzell to present and account for all Assets company has and has acquirred.
3. What is the status of our cert pull. How can we get the results of the cert pull that Tyler has denied us. Cody to ask tyler management about this, and also tell us how to get the info.
4. Trust and trustee questions. Cody needs to talk with Stoecklien. He was a lawyer during the task force and cert pull. He was also a lawyer for Mr. Maheu. Mr Maheu was a trustee. Cody to find out .. what was he trustee of, where is the trust, what was in the trust, and who is trustee now. If he can get those depositions with sec.. even better.
5. Question about our "unregistered" securities.
Why cant we find out if our securities are registered or unregistered. also if sec claims that only portion of "unregistered" securities have been sold by edwards, and others used other brokers, why has sec not named and sued other brokers? How did SEC come up with total number of "unregistered" shares? SEC also claims that company sold unregistered shares but talked about naked shorting. Question: did sec perform search into whether there was nss in cmkx.
Speaking of underwater money it boggles the mind how the banks can track $10,000 in cash yet "The Company has recently taken a number of steps to encourage the DOJ, FBI, and the IRS to finally issue indictments and commence criminal proceedings against former CEO Urban Casavant and insider John Edwards and their cohorts, who blatantly stole $250 million from the Company and its shareholders." they never caught a security guard milking millions for months. The fact that there were so many accounts never raised any red flags. The bank and everyone needs to be held liable for failure!
Lets face it, their security is a JOKE!!!
The Police should have been involved the day someone tried to open up so many accounts. So yes we can't blame the police, but the organization that are to ensure our money is safe.
What do you mean we missed it ? What did we miss ?
You said "because my intel indicated the enemies are out of
our way, and our objectives are nearly at hand. Also several people before me laid out the same info for all.. but they totally missed it, or didn't understand it. "
I do and all it would take is a single database.
Where the companies must by law submit the paper work and a signed document which could easily be done online with a matching fax and a signature.
The School board is already doing that for its teachers, so why not the SEC ?
Kids are safe, now keep the investors safe ;)
We have the technology, a few programmers to design this and the SEC is taking a proactive approach. From there they could expand that.
This would in the long term decrease the number of complaints that are being filed and increase their resources to concentrate on the companies that are comiting fraud, and they would shine.
I don't agree, the SEC needs to be proactive.
They need to deal with the companies as are adding board members and if they find that a company has hired someone that has defrauded the public in the past they should have up to 24 hours to get rid of this individual or the SEC must by default simply delist the company.
It would be just amazing how this would aid the investors.
Its like the people that work for the SEC are mindless zombies that have a lack of imagination. lol
Exactly the volume was so high and it took them like how long to notice this ???
The SEC needs to get their act together and someone need to take responsibility for allowing things to get to this level.
So what you're saying is that before you buy a stock, you should be conducting a criminal investigation of every individual related to a stock ? Maybe you have a point!
Perhaps this is something the SEC should be doing, prior to allowing anyone to participate working for companies that are publickly listed they should be requiring individuals to provide them with any sort of charges that were laid against them in the past 10 years.
If they are clean then they should be allowed to work with these companies, otherwise any sort of pervious fraud commited by these individuals if they get hired or volunteer these companies should automatically be delisted.
Then regular people would not have to deal with crooks that keep moving from company to company and are allowed to do the same thing over and over. Why do we have the SEC if they can't do something so basic, it would just take a moment to setup a database with names and if they come up they either delist the company if there are crooks working for them or clean house.
Secondly NSS is a real problem.
It is something that would be great if the SEC themselves tested. Simply set up a dummy company and keep shorting the stock and see what happens ? Follow the leak and trace these shares to figure out where the problem is.
If they are not willing to do this then that should make us wonder if they are really working in the best interest of the public ? There should be someone overlooking the SEC to ensure they are doing their job. Are they ?
Excuses like we have too many things to do and too little time is not acceptible.
Thats like saying well we have too many crimes in the city so we can only save the important people sorry, the rest of you will have to hide in your homes. Serriouly lets face reality are these organizations working in our best interest ?
Is everyone just so blind they can't see the truth.
If you think you are so smart, please share with us why a mojority of the pinkies like 99.9% or more are simply run into the ground. Does this mean that there is only 0.0001% good companies out there ? You don't think there is something wrong ? How many Pinkies have you held on to for more then 10 years and could say have stuck around ?
I would have to agree, it looks like we're not getting that warm fuzzy feeling.
CMKX CEO is simply being too vague, and has not outlined any sort of plan. Why not ? No time frame for the plan either?
" We have filed motions with the court seeking disgorgement and penalties from Edwards and others who have partially settled with the Commission, but the court has not yet ruled on those motions. "
So they are settling with the Commission ...
Good :)
Also...very interesting.
Question:
Did the SEC freeze the assets of Urban Casavant, John Edwards and the other 12 individuals/entities charged by the SEC on April 7, 2008?
Answer:
Thanks for your email.
The Commission does not have the authority to freeze anyone’s assets without first getting a court order, and the decision whether to seek a court order freezing assets depends in each case on a variety of factors. We have not sought an asset freeze in this case, for strategic reasons that I cannot discuss. We have filed motions with the court seeking disgorgement and penalties from Edwards and others who have partially settled with the Commission, but the court has not yet ruled on those motions.
Regards,
Leslie Hakala
April 21, 2009
CMKM Diamonds Announces Settlement Agreement With Eton Properties
CMKM has negotiated an agreement with Eton Properties, Inc. which will result in a dismissal of the litigation filed in Haywood County, North Carolina. The settlement agreement between CMKM and Eton Properties, Inc. contains a strictly worded confidentiality clause so the settlement agreement will not be posted on the web site. CMKM Diamonds, Inc. has accepted a parcel of real estate in Clayton, Georgia. There is a possibility of additional litigation against unnamed third parties in order to conclude the settlement and obtain the full benefits of the settlement agreement. The Board of Directors of CMKM Diamonds, Inc. has approved the settlement agreement.
Exactly what is up with that it doesn't add up.
Something smells!!!
Maybe we'll see UC next... hence no one to blame ?
Suicide my azz just like that incident with the Bre-X where they guy jumps out of a plane. Makes you wonder who is doing the suicides :)
Something that has been bothering me...why would Urban turn over the company to someone(Current CEO) who would bring up charges against him ?
It boggles the mind why our CEO did this ???
Is it an empty threat just to make it appears the company is doing something or did they have an argument after he became the new CEO ? Any ideas???
Thanks for the tip :)
The only thing I'm sure of is the engines are quite amazing, well there goes another good company if this guy is bogus.
I hope you guys saw this... because this company is for real.
The news will probably drive this one to $10/share soon...
AXIAL VECTOR ENERGY JV, PETRO-AVEC LLC, APPOINTS DUBAI-BASED OIL EXECUTIVE DR. MAZIN SAMMAN TO LICENSING NEGOTIATING TEAM; ADDS EXTENSIVE MIDDLE EAST, ASIAN AND RUSSIAN OIL INDUSTRY EXPERTISE
DUBAI, United Arab Emirates (BUSINESS WIRE) - April 20, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that its PETRO-AVEC LLC JV appointed Dubai-based oil executive Dr. Mazin Samman, former Managing Director of United Oil Investments/Hadramout Refineries Company in Dubai, United Arab Emirates and Sana'a, Republic of Yemen, to its international licensing negotiating team.
Dr. Mazin Samman, a Saudi national, educated/oil industry trained in the U.S. and resident, from time to time in, Italy, Lebanon, Thailand, the U.S., the U.K. and the U.A.E, is a capable Arabic, English, French and Italian linguist. He is highly experienced in bringing diverse experts together from multiple continents, governments, companies and organizations to authorize, design, finance, construct and operate large scale oil projects. A recent case in point includes the authorization, design, financing, construction and turn-key operation of a new construction domestic/export refinery on the outskirts of the coastal city of Mukalla, in the Republic of Yemen. The effort required coordination with multiple governments, agreements with various oil companies, including Luk Oil in Switzerland, engineering and construction contracts with the consortium of Samsung and SK Engineering in Korea, and credit agreements with the Korean Export-Import (EMIM) Bank, requiring a Korean ECA guarantee.
In Russia, Dr. Samman's projects extended as far as the remote Pacific Island of Sakhalin, just north of Japan. Dr. Samman was responsible for Russian government negotiations/authorizations/long term relations, financing, new refinery design/construction, existing infrastructure upgrade, product procurement, crude oil sales and refining operations.
In the Americas, on behalf of Nimir Petroleum in Dallas, TX, Dr. Samman co-managed a team responsible for securing senior financing from Morgan Stanley and Chase Manhattan Bank to complete the acquisition of HOCOL-Shell in Columbia.
In his native Saudi Arabia, Dr. Samman assisted Saudi Aramco in a number of endeavors, including the securing of contractors like MMG (Mohammad Almojil Group) for various large scale construction projects.
Commenting on the appointment, Dr. Samman stated, "In all of my years working with the oil industry, the Petro-Avec Joint Venture ranks potentially as one of the most exciting. Having experienced a relative drought of exciting new technology in the oil industry since the 1970s, it was just a matter of time before someone came up with something really revolutionary and I'm just excited to be a part of it. The industry very much needs this type of innovation and the third party assessed economics behind it are very compelling. I should think this would be fairly easy to license internationally and I look forward to working on that immediately."
Dr. Mark Cullen, Managing Director at Petro Avec LLC, stated, "I had the pleasure of meeting Dr. Samman on my most recent trip through the Middle East. He is the most impressive individual and I look forward to working closely with him."
AVEC Chairman Mr. Ahmed Khalifa stated, "An exciting, industry-changing technology deserves the help of exciting, industry-changing leaders. We are extremely fortunate to secure the assistance of Dr. Samman and look forward to much success together. We have additional candidates in mind for assisting with rapid licensing and hope to announce those appointments shortly."
Its amazing how corrupted things are in the world, where its ok to get free trips, parties, most expensive hotels, etc... as long as you pretend you don't know anything corrupt is going on at the company you're employed by.
The same sort of thing took place at the SEC, and they had to clean house. Now its time for the stock market!
It doesn't quity copy and paste right so maybe someone has it in a better format... just no time today but have a looksy.
Very Interesting no ?
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NASD
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Onc Caltfomir Plaza
300 South Crand Avcoue, Suitc 1600
Los Angclcs, CA 90071
RT: CMKX
Dear Ame:
This lcttor rcspondl to )rour lcquc$t o zummarizc circurnstarrcess urrounding Jeffcrics &
Cornpany, Inc.'s failurc to rcporl ccrtain uansections in CM!Q( Dianroads Inc.
(,'CMKX') to thc National Trude Reporting Sysrcm (thc "'fape") in2004,
Ry way of backgrorurd, thc Automated Confirmation Trsnsactiou Sorvice ("ACT'.) is an
automated systcm which (a) compares tradc lnformatjon cntered by ACT perttcip.arls and
submits "lockcd-in" rradcs to tbg National Sscurities Clearing Corporation ("NSCC") for
clearancc urd sctilcrnenl ad (b) tansflits rcporl6 of trensactions automadcslly to thc
Tape. Undu the NASD nil€s, a member firm and ACT participanr may clecr to cloar
lransrclionl ouside of ACT aad NSCC urd trcroby settlc transactionc manualty, In such
cascs, the rngrnbs firm may utilize ACT for (b), (rsdc rcpcrting only (callod "Tapc
only'') and not (a), NSCC clearancc (cdled "Ex{leariug").
ln March of 2004, two brokcr-deslsr cuslomcrs of Jefferies approacbcd lho firm
requcsting thar transactions in CMKX bc settled on an "Ex-Clearing basis". These
brokcr.dcaler cuslomcrs whero long sellcrr of CMKX. Thc rcraon for thcu roqursl wE6
cconomics: bccousc CMIO( tradcd in such targc voh*mes md rt euch a low prico, NSCC
required a signilicent dqosit for long sellerp of thc sccurity lo cnswo sc$tqrqcnt. Thc
cost of lbis deposit negatively irnpactcd thc brokor{calcr's custorncrs. Joffcrics mado a
businoss and operationel riok dccision to dlow a lirnitcd numbcr of broksr doalcr
cuslomqn who wqc long lcllers of CMKX to sedle tlrc fi66g5 "Ex-Clcaring". These Ex -
Cleortrq brruaclrons wcrc rnonitored lo ensuro lhat Orc seJlcrs proporly dcliverod tho
sccurjties and the trsdes scnlcd on a timcly basls. Frour a seltloncnt persprective, those
Ex-Cleuing tadcs scttlod without incidcnt and things wcnt smoothly for a pcriod of
severaml ooths.
Unfirtunately, unbcknor,rrns1t 0 lhe firm, frorn a tmdc reporting pcrspectivc, these EXClcuing
trades proscnted a problcm. As you may kuw, therc rs a size lirnitation on ACT
9'd
AILZII IOOZ B( qAJ
05/00/u001s7 :st FAtr JEFFIRIE$& COI?ANY
so that rny single taruaction of greatcr than l0 million shs€s rutomatioally rojeots on
ACT. The finn had buik a proprictar)' $ystcm so lhat any order greatsr tban 10 million
sharcs was submittcd in cornponeut prts of lcrr thm 10 million shsrcs lirst through
BRASS (our fiont-cnd syrtenn)r aud ttrcn to ACT for(e) cteUi.ng and O)'trpe repomng
purposcs (callcd "the Big Report'). In shofi, thc Big Report aJlowcd trades of overr I 0
million sbarcs to bc acccpted nthcr than dccrcd by ACT, Howcvcr, whcn thc firm's
traders entcred the "Ex-Clearing ordors" they failed lD entcr the tradss that woc lrrgcr
tban 10 million shares on thc Big Rcport. Tbc traders mietakcnlybcliwcd lhat since thesc
lrades wcrc 'Ex-Clcaring'. thc ACT limits would not dfect theirTape rtports We now
know thct the Ex-Clcarjng bados ovcr l0million shares were rr{coled by nCT. Whilc
BR.{SS has e pop up syrtcm to dcrt lhe trade proccssing nrce that an order lras bccn
rcjcacd by ACT, the pop up rDust to activated by thc mambcr firm utilizing BRASS. Thc
ftrm had nol tuncd on this pop up fcature during thls time frem€.
T'he firm umuld likc ro rcmcdy tlris failurc to rcport and would appreciate NASD's
guidrnce. To dcvclop thc univcrse of uadcr which urc bclicvc tho firm farlod ts rEporr to
thc Tupc, wc ran a r€port that shows sll (hc tnnsrcrions of greater thm l0 milhon sherog
that we arcutcd on au Ex-Clcuing basis druing tho pedod 3l25lo4 (whau thc firm 6rst
began lo proccss on an Ex-Cleo-ing basis) tluougb 9/2ll04 (when rho firrn ceased to act
as & mdkel maker;. Attached is a spreulsheer rhowing the rrensaccionB(a total of
1 11,7EO,681,2O4s harcs)t hat wc bcliovqw o fiilcd to rcporl to tho Tapc. (Sce
spreadshcelB, xhibit A attaqhedt hat shows the trado datss,q xccution rimc, buy or scll,
symbol, guanrity and prico.) Wc would like to rcport thosc tradcs in a manncr which is
acceptablcto you,
Wc have taken stcps lo prevcnt this problenr fronr qccurring in tbe future including
procedurcsfo r approval to exocutcr adcs "Ex-Clearing" and if thc dccision is madc to
executc Ex-C.leanng, proccdrncs to encuro propcr tradc rcpo,rting io thc T'apc,
If you have ury qucotrons rbout lllis mlrt€r, ploasc call mc at2l2-284-2586.
Dcputy Gcncral Counsel
Fnclosure
CC: lrslic Hakala, Slaff Attomcy, Socurities & Exohorrgc Comrnission
0 ool
s 'cl
'BR,\ss do.r not bsvc rny Dccbdnrm o brcakup 6c ordsr te avotd tllc ttjcpt probtet,,
AALE"L TOOZ B] qAJ
We've had enough and its no longer just CMKX, its an idea <<<<<<<<<<<<<<<<<<A movement >>>>>>>>
and the difference between right and wrong. We have been ignored long enough.
Once there are enough senators involved CMKX will demonstrate the what it really mean to mess with the wrong group.
Just my 2 cents
Have a great weekend.
Do you know many Pinkies that haven't done that ?
are you russian or polish
Don't be so negative we will WIN!!!
Anyone want to seel 100Million CMKX Shares.
Its about TIME!!!!! We're taking some serious action...
From: XXXX XXXX
Sent: Thursday, April 09, 2009
To: Zane Kessler @ Senator Michael Bennet's Office; Scott Prestidge@ Senator Mark Udall's Office
Cc: 'bressmanb@sec.gov'
Subject: CMKX Media Campaigh
Importance: High
Dear Mr. Kessler and Mr. Prestidge:
As I mentioned in my previous emails, CMKX Shareholders are banding together, even across various online CMKX Boards and Paltalk forums, to initiate a “Media Campaign” that is intended to educate our politicians and the media on the extent of the fraud that was perpetrated against CMKX Shareholders, and shareholders in other publicly traded companies. Volunteers from across all 50 States, several territories, and even other countries, have agreed to support this effort as local “Coordinators”. I volunteered to be a Coordinator on behalf of our Colorado-based investors, which is the reason for this email.
The idea behind our campaign is to initially provide a bullet list of the offenses we believe were committed against CMKX Shareholders into the hands of the more influential media organs within each US state, Canadian provinces, and European countries. An initial “Communication Summary Sheet” has been published and distributed to our volunteer State Coordinators for distribution and united communications.
I have copied and expanded the list of alleged offenses below, for your review, which have been noted and documented by CMKX Shareholders and the company’s new management team. We would like your support in distributing this communications summary to your peers across the Senate; and, to reach out to the SEC directly and ask them to report back to the Senate with detailed information on why they did not proactively catch and stop these activities until late 2005; and, more importantly, tell us why they have not initiated civil proceedings, nor requested criminal actions to be taken, against the 70+ broker/ dealers who made a market in the CMKX Securities, and/ or earned commissions from the sales of CMKX securities. We would also like the questions, provided in the Summary Sheet below, answered in detail.
COMMUNICATIONS SUMMARY SHEET
• Besides the 622 Billion “Unregistered” Shares that the SEC states company insiders inappropriately issued, information discovered by various CMKX Shareholders suggests the stock may have been oversubscribed by as much as 9 times that amount…. While other evidence suggests that at least 2.4 Trillion shares of company stock were illegally naked shorted by hedge funds, market makers, and brokerage firms.
o We want to know why the SEC has failed to address this concern with Shareholders, ever?
• The National Association Of Securities Dealers (NASD), now known as The Financial Industry Regulatory Industry (FINRA), did not bring proceedings against a well-known brokerage firm, Jefferies and Co, even after they sent a letter, on May 6, 2005, to both the NASD (FINRA) and the SEC admitting they had traded 111 billion shares of CMKX outside the system, or "ex-clearing".
o We want to know under what SEC Regulations this activity could be found legal and justified.
o We want to know if the SEC and/ or FINRA even investigated this issue.
• There is direct evidence that the SEC knew about, and was investigating, the illegal Pump and Dump of unregistered shares by company insiders as early as 2003; yet, the SEC did not bring a case forward until last year… and even then, they do not account for 363 Billion of the 662 billion unregistered/restricted company shares they claimed were inappropriately issued by company insiders from January 2003 and May 2005.
o We want to know what became of the original investigations.
o We want to know why it took the SEC until April 7, 2008 to file a formal complaint.
o We want to know why the Courts have still not ruled on this matter.
o We want to know why the SEC has not initiated further action against Urban Casavant when, by all appearances, he has snubbed the court and failed to appear before the court?
• No criminal proceedings, indictments, or prosecutions have resulted from the SEC’s investigations; even though the new CMKM Diamonds’ Management Team cites more than 200,000 pages of documentation resulted from those investigations. The new management team also claims they can show that more than 50,000 CMKX Investors lost at least $250 million from the fraudulent activities perpetrated by the Company’s founder, Urban Casavant, and other insiders, such as John Edwards.
o How could the SEC justify that level of investment in a case, and then not bring complete criminal proceedings… including the missing 363 Billion Unregistered shares that are not accounted for in the SEC’s Complaint?
o Why has the SEC not allowed any of the Depositions to be released to CMKX Shareholders?
o Why does the SEC Complaint only cite $53 Million in Shareholder losses from one Defendant (John Edwards), but fails to address the remaining losses presumably caused by the other defendants?
• Long term investors bought into CMKX due to the mineral claims that Urban Casavant has secured the rights to. CMKM Diamonds was and is a US Based company. Most of those claims are now mysterious held in control of another company, Shore Gold… a Canadian Company… and no one can provide shareholders with a rational explanation of how that could have happened. One SEC filing has relevant information, presented by the company’s geologist, blanked out in their public release. In the meantime, it’s clear that this once so-called “Moose Pasture” does have commercially viable diamond and other mineral deposits.
o Why is the SEC, and other law enforcement agencies, failing to disclose information on the apparent value of those claims, and the validity of those claims?
o Why hasn’t the SEC, and other government agencies, stepped forward to protect US Investor’s financial interests in these valuable claims?
• In late October of 2005, Urban Casavant, while Robert Maheu was still involved as Chairman of the Board, initiated a deal with Entourage Mining Ltd that exchanged various claims then held by CMKM Diamonds, in the Hatchet Lake and the Smeaton / Fort a la Carne area within the Province of Saskatchewan. The latter claims included 194,582 Hectares of land (~480,822 acres, or ~ 751.285 square miles). In addition, CMKM Diamonds’ agreement with Entourage requires the Entourage shares are to be distributed to CMKX Shareholders. Kevin West, then CEO of CMKM Diamonds, announces an Interplead action is to be initiated to ask the courts to decide who the lawful owners of the CMKX/ Entourage Securities are. Later, Entourage initiates a law suit against CMKM Diamonds to undo the agreement since the Entourage shares were never transferred to CMKX Shareholders.
o What is the current status of the Lawsuit between CMKM Diamonds and Entourage Mining Ltd. regarding the ownership of the claims that were transferred to Entourage?
o Why did the courts not enforce the terms of the agreement to have the Entourage shares distributed to CMKX Shareholders?
o Who now legally owns the rights to the claims referenced within the original Entourage/ CMKM Diamonds agreements?
• Citigroup and Smith Barney sponsored a CMKX company racing car during the “Got CMKX” marketing campaign, which was put in place to further pump up the share price and purchases.
o We want to know what role [and financial interests] those two companies had in the CMKM Diamonds.
• In addition, Knight Trading Group, now owned by CitiGroup, traded an average of about 3.36 billion CMKM shares a day, representing more than 40% of Knight's average daily share volume for the month of February 2004… and that level of trading by Knight continued over a three month period.
o We want to know how Knight Trading Group supported that level of trading, and where and how did they get that many shares to trade?
• Former SEC Enforcement Attorney, Roger Glenn, allegedly wrote bogus opinion letters for the company founder, Urban Casavant, and company insiders, such as John Edwards.
o We want to know why the SEC has not brought civil charges against Mr. Glenn for that activity.
• The same former SEC Enforcement Attorney, Roger Glenn, raised the company’s Authorized Shares (AS) from 500 billion shares to 800 billion shares.
o What possible scenario could have justified that amount of shares to be traded on the market?
o Again, we want to know why the SEC has not brought civil charges against Mr. Glenn for writing those Opinion Letters.
• CMKX Management, under the leadership of Mr. Robert Maheu, and with assistance from Attorneys Bill Frizzell and Donald Stoecklein, conducted the largest shareholder certificate pull in the history of Wall Street. The Cert Pull was undertaken to try to uncover where all the shares, then trading on the market, were originating from.
o We want to know why the SEC clearly worked to put a stop to that effort, before the cert pull could be completed.
o We want to know why the SEC forced the company to delist instead;
• The SEC Enforcement Department failed to account for 362 billion unregistered/restricted shares in civil complaint involving company founder and company insiders.
o We want to know why the SEC’s complaint only addresses 259 Billion shares issued and sold by John Edwards.
o We want to know why the SEC filed a complaint against NEVWEST, but not against many other broker/ dealers who helped clear the other 363 Billion Shares.
o We want to know why the SEC has not filed a single complaint against any of the 70+ brokers and market makers who made a market in CMKX Securities, and/ or made commissions from facilitating the sales of CMKX Securities.
• Current company management posts unprofessional CEO Updates and FAQs on its website rather than through professional Press Releases.
o We want to know why the SEC allows the new management team to post “Official” company information and their law suits, etc. on the company’s web site without “Safe Harbor” Statements, and not in formal Press Releases.
• SEC FOIA Department unjustly denies FOIA Requests submitted by company shareholders.
o We want to know why the SEC will not release any of the more than 100 Depositions they have taken related to this case to CMKX Shareholders.
o If the case is still considered “under investigation”, we want to know when the information and facts will be released to the public and shareholders under FOIA?
o We wonder why the SEC is allowed to hide so much information under FOIA… especially when the hiding of such information only makes it seem more likely that certain individuals at the SEC are protecting the interests of Wall Street more than the interests of investors.
• There is no evidence that the SEC has ever referred the company founder and company insiders to the DOJ or FBI to initiate criminal proceedings.
o With investor losses of ~$250 million, or more – assuming Naked Short Selling is also part of this – we want to know why criminal investigations and indictments haven’t come down?
• We understand the IRS/ Treasury Department has initiated a Grand Jury Investigation, out of Las Vegas, into CMKM Diamonds.
o We’d like to know the scope of the investigation that is being conducted by that Grand Jury
• We have heard reports that a similar Grand Jury investigation was held back in 2005.
o We would like to know the scope and the outcome of that Grand Jury investigation.
• There are reports that Robert Maheu initiated the CMKX Task Force that resulted in the Cert Pull, in order to force the many broker / dealers, market makers and hedge funds to the table, and compensate Shareholders for the fraud that these companies had participated in. Further, we understand funds were collected and put into a Trust for distribution to the Shareholders.
o We want to know why those funds have not been distributed.
Your assistance with this request, and getting the SEC, DOJ and the FBI to answer these questions, would be greatly appreciated.
Sincerely,