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I'm not really sure about what could happen with post lock shares. That's two different legal issues.
I'm curious, what did you pay for the 205's?
Sadly for the shareholders, nothing.
Because Urban botched the United Carina deal.
Urban's signed default on United Carina and others, to the SEC and notice of. All rights are legally forfeited in a default. You do NOT get to keep any rights, the deal is terminated.
Item 1.02 Termination of a Material Definitive Agreement
United Carina Default
Under the terms of the agreement between CMKM and United Carina on October 23, 2004, CMKM was obligated to spend a total of $500,000 on exploration of the Hatchet Lake properties over the 12 months from the date of the agreement. CMKM does not have the necessary capital to meet this obligation and has therefore defaulted under the terms of the agreement. Furthermore, due to the ongoing Securities and Exchange Commission investigation currently being conducted, CMKM has been unable to raise the necessary capital needed to meet the requirements of the above mentioned agreement. Since CMKM was not able to meet its obligations to United Carina, CMKM deemed it to be in the best interest of CMKM to assign its interest in United Carina to Entourage as described in Item 1.01 above.
On October 20, 2005, the agreement between CMKM and United Carina was officially terminated upon the signing of the Assignment Agreement with Entourage Mining. There are no material early termination penalties as a result of the agreement being terminated, but CMKM has consented to and agreed to hold harmless Entourage for entering into the new agreement with United Carina.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CMKM DIAMONDS INC.
By: /s/ Urban Casavant
Urban Casavant,
President and Chief Executive Officer
Date: October 21, 2005
https://www.sec.gov/Archives/edgar/data/1092299/000107704805000578/cmkm_entourage-102105.htm
why would a DTC exec be concerned enough about potential huge legal bills and jury awards with little ol' delisted near-worthless BCIT?
Let me rephrase that..
Mahue was offered $1.5 Million to join on...he was shafted too.
It was Stocklein who brought Mahue along..
Maheu's sudden entrance into the fray screams of attempts at "reining in".
However, I have never found his name attached to any "family"
I still would like to know if Urbie was a willing participant,
4profit does not realize she is a relative newbie.
Every SGGM investor got screwed by the sec as well.
I wish I knew if Turino was mob controlled early on, or somehow got involved with them much later?
No clue how they received it but gov had it bcuz of what stocks
Nah..
That crap was at the time LoCastro and the AllPro auto mall merger was happening....and they were going to roll out prepaid phone deals and pay loans with MBE.
The "AllPro merger" was just not official yet.
That's when Paul Applebaum of MH Meyerson was caught on tape saying there were 2 Billion shares outstanding and Ed was scamming everyone. He literally said "You could be the FBI and I'm not saying any more" and then hung up.
Well...until the SEC called him...
Yeah....
Because the dipwad thought LoCastro was going to make like $500 Million annually selling pre paid calling cards...
...and then they visited Vince's junk yard/ car lot and realized how wrong they were.
From: Scandle34
Read Replies (1) of 2406
communistcat, you confuse me with Surfit. I never said it was going to $20 or to mortgage the house. I said dollars and still think so. I did say I wouldn't rule out $20, as anything is possible.
Well, you being a normal human being is pretty much ruled out, but what the heck...
From: Scandle34
of 2406
business is slowly moving forward. We are within 3.5M of pulling the entire float into certs and something appears to be brewing that is big.
I mean to the point that Bruce is going out of his way to tell RB people to sell, never buy again and never call him again...
From: Scandle34
Read Replies (1) of 2406
Active Capital's GM is a long time acquaintance of mine who has held this stock as much as 50% into the red since they started accumulating last summer. They are one of the four main parties behind the June 19th buying surge that was intended to kill the shorter.
They acquired these shares in the open market, intend to sell enough back to the shorter to recoup some of their cash outlay, and are long long term on the rest.
From: Scandle34
Read Replies (1) of 2406
You have got to be joking. 215-fold growth already, adding 190 stores and a 50 cent price target? My price target on PCBM is wayyyyy nort of that.
I forgot Sandi Hicks...
who received some compensation from the insiders here....
Stan's on Twitter and LinkedIn claiming he can broker $1 Billion deals.
Seriously.
https://twitter.com/sepod
I thought Kyle was in Montreal?
Kyle screwed up PCBM as well by quashing a subpoena with the help of some idiot shareholders.
mretgnol that's right the doj and sec had all the records they needed to stop the fraud and protect the shareholders by sept 5th 2004.
you make it up as you go.
SEC said to HIM shareholders might get a small pay out pennies on the dollar.
it's a sickness called desperation
you would know CMKX had properties about to close up to a million dollars.
You hate CMKX so bad you make it up as you go
Also SEC said to HIM shareholders might get a small pay out pennies on the dollar
Do you think the SEC has been setting back not going after assets?
Janice unless you have been paying attention to meetings and progress all you doing is make it up as you go
The SEC and DOJ subpoenaed the Silver State Bank records in cmkx sept 5 2004. They found out urban and John Edwards had 100 accounts there to launder money they stole by selling untegistered shares to the public. They had all the evidence they needed to indict these crooks. I guess we all have to come to grips with that
Was he not banned from this board after like 15 years of being a lying tool?
Remember his GBDX posts?
Readers,
Its been brought to my attention a huge retail short has taken place in regards to GBDX. This was brought to my attention mid last week. I have always figured this short existed but never could identify the source.
SEC Please Look Into This ASAP!
Last week a few of my PalTalk members were invited into a small room with about 15 participants. A handful of these participants were bragging about being short GBDX. The leader of this room was Dodge512 rom the Breakouttrading at Paltalk. They won't speak about this in the Breakouttrading room because they don't want room participants to know what is going on. The rest of the week Dodge512 sent private messages targeting weak shareholders, mainly at Investor's Hub in an attempt to scare them into selling. It worked with one shareholder and he dumped a large amount of shares. If they don't dump Dodge512 cusses them out with filthy words and calls them and me names. The last time behavior like this took place, was right before GBDX ran to .023. Next time it's going to be doom for them. Also we are told Adog2001 is heavily short GBDX, probably the biggest dollar short out of all of them. Adog was in this room also. It was funny hearing jcougs aka Klonnie24 was also present in the room. Readers I don't BS when I write this type of accusation comments. I write in the manner I do, to inform you what has taken place and what is currently taking place. I could add a couple more aliases to the list but I'll leave it here for now. Watch for personal attacks on me to start to increase on all message boards. They have to take me down to create selling and it's not going to happen. Are these guys associated with JT directly or indirectly?
it's been 14 years and CMKX is still alive...why?
You aware you "talking" to Steve is most likely insider trading
Then CMKX can trade again with assets and depending on the naked short this could get real interesting in the next 18 months.
That carrot is so rotten, you have to question the motive (and intelligence) of anyone still willing to dangle it.
Do you mean "Steve" Kirkpatrick?
John Kirkpatrick is still lying about the JEFF records with you, team work! John works with you to hide the fact we still have rights to 49% of the best land in the world. Either it’s a sting or you scammed the shareholders together.
Let's see how much longer this will last.
You have fung confused with ChuckWheat
so you are long past just hope & theory?
email
Wendy Henning at wrhenning@earthlink.net
Her brother is buying more shares
I read it..
I wonder how much his tearful granddaughter knows about him.
I would think 30 days is reasonable.
It kind of depends on some of the brokerages giving responses a little quicker.
The M&F action will crumble. They clearly do not know about some of Tom's fraud and lies.
You can file another complaint with FINRA.
You can do it online too. Should take no longer than 30 days to get the shares ledgered again.
John, no offense, but what being offered is part of two projects that I just happened to be working on with the DTC.
I am asking them to settle this as part of a package deal. They win, we win.
If four or five brokers chip in a small amount, the money gets pooled and distributed. No legal fees, just outright compensation to those who were screwed.
are you working with a team you have put together
is it a parallel movement to the M&F thing?
There's a record of who and what...a paper trail of sales.
Everyone will get something
Type of people we're dealing with..
I have never violated SEC rules.
Well Colombo...
Considering it's a mail drop box that you can rent monthly....it's not really all that surprising they used the same mail box as a "residential address".
It's a UPS store. 688 is the mail box number.
Edwards used the same drop box for many of his bogus shell corps too.
1350 E Flamingo Rd #688 Las Vegas Nevada.
When SGGM came back on the market, I checked them out and their address, while sitting as a "shell", was 1350 E Flamingo Rd #688. . (Source Nevada Secy of State) What made that very interesting, was that it was the exact same address as VWAY International 1350 Flamingo # 688 (Nev SOS), the successor to Mirador on July 1, 2004.