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let there be no interest.....but you know something is going on and it seems to be hush hush.....i wonder if its going to be turned into something like the Chinese Picture and Production Company
.....but you are right....its just a wait and see..........btw:the countdown has not started Psss.........
INFORMATION FOR CMKM DIAMONDS INVESTORS
CIVIL ACTION AGAINST CMKM DIAMONDS, INC., URBAN CASAVANT, et al.
* INTRODUCTORY NOTE
This alert provides information relating to the SEC’s civil injunctive action against CMKM Diamonds, Urban Casavant et al. The complaint, filed in April 2008, seeks various remedies, including civil penalties and disgorgement of ill-gotten gains. In cases where the SEC obtains a judgment to recover money from the defendants, and the defendants do not comply with the judgment by paying the money, the SEC will seek to enforce the judgment.
It is not yet known how much money will be recovered in this case. If the assets ultimately collected are sufficient for a practical and economically feasible distribution of funds to investors, the SEC may by motion to the court propose a plan to distribute the funds. No funds can be distributed to investors unless and until the court approves a distribution plan. We will post information about any proposed or final distribution plan on this page when it becomes available. We also post information about distribution plans on the Investor Claims Fund section of our website.
The judgments entered in this case direct that disgorgement, prejudgment interest and civil penalty amounts be paid to the Clerk of the Court for the District of Nevada for deposit into an interest bearing account with the Court Registry Investment System. For information about any payments that may be made to the Clerk, please access the Court’s website.
* RECENT DEVELOPMENTS
On August 1, 2011, the federal district court in the District of Nevada entered a Final Judgment of Permanent Injunction and Other Relief Against Defendants 1st Global Stock Transfer, LLC, Helen Bagley, Sergey Rumyantsev, and Brian Dvorak. The court ordered:
Dvorak to pay disgorgement and prejudgment interest of $409,638.11;
Bagley and 1st Global, jointly and severally, to pay disgorgement and prejudgment interest of $448,047.87; and
Rumyantsev to pay disgorgement and prejudgment interest of $48,254.63.
In addition, the court ordered that Dvorak, Bagley and Rumyantsev be permanently barred from participating in any offering of penny stock. Dvorak, Bagley and 1st Global have filed notices of appeal from the judgment to the Ninth Circuit Court of Appeals.
Final Judgment of Permanent Injunction and Other Relief Against Defendants 1st Global Stock Transfer, LLC, Helen Bagley, Sergey Rumyantsev, and Brian Dvorak
On October 18, 2011, the SEC instituted administrative proceedings against Rumyantsev, and based on the permanent injunction entered by the court, ordered that Rumyantsev be barred from association with any broker or dealer, with the right to reapply after five years to the appropriate self-regulatory organization, or if there is none, to the Commission.
Administrative Proceedings against Rumyantsev (October 18, 2011)
On February 9, 2010, the federal district court in the District of Nevada entered a Final Judgment of Permanent Injunction and Other Relief Against Defendant Anthony Santos. The court ordered Santos to pay disgorgement and prejudgment interest of $5,356.35 and a civil penalty of $45,000. In addition, the court ordered that Santos be barred from participating in any offering of penny stock for five years from the date of the judgment.
Final Judgment of Permanent Injunction and Other Relief Against Defendant Anthony Santos (February 9, 2010)
On February 25, 2010, the SEC instituted administrative proceedings against Santos and, based on the permanent injunction entered by the court, ordered that Santos be barred from association with any broker or dealer, with the right to reapply for association after five years to the appropriate self-regulatory organization, or if there is none, to the Commission.
Administrative Proceedings against Santos (February 25, 2010)
On December 4, 2009, the federal district court in the District of Nevada granted the SEC’s motions for default judgment against defendants NevWest Securities Corporation, Ginger Gutierrez, and James Kinney. The court ordered:
NevWest to pay $299,459.70 in disgorgement plus prejudgment interest and a civil penalty of $275,000;
Gutierrez individually to pay $2,177,888.67 in disgorgement plus prejudgment interest and a $2,000,000 civil penalty;
Kinney individually to pay $3,593,516.32 in disgorgement plus prejudgment interest and a $3,300,000 civil penalty; and
Gutierrez and Kinney jointly and severally to pay $762,261.02 in disgorgement plus prejudgment interest.
The court ordered the defendants to pay these amounts to the Clerk of the Court for the District of Nevada within ten business days. Any amounts paid to the Clerk will be deposited into an interest-bearing account with the Court Registry Investment System.
Order Granting Default Judgment Against Defendant Nev West Securities Corporation (December 4, 2009);
Order Granting Default Judgment Against Defendants Ginger Gutierrez and James Kinney (December 4, 2009).
On September 17, 2009, the U.S. Attorney’s Office in Las Vegas, Nevada unsealed a criminal indictment charging six defendants – John Edwards, Urban Casavant, Helen Bagley, Brian Dvorak, James Kinney, and Ginger Gutierrez – with securities fraud and related charges for their conduct in the CMKM Diamonds matter. For more information, please see the press release dated September 21, 2009. On April 28, 2010, the U.S. Attorney’s Office in Las Vegas unsealed a superseding indictment that named additional defendants. For more information, please see the indictment.
* BACKGROUND
On April 7, 2008, the SEC filed a civil injunctive action against CMKM Diamonds, Inc., its former Chairman and CEO, Urban Casavant, and 12 other defendants involved in the alleged illegal issuance and sale of unregistered stock of CMKM Diamonds, Inc., purportedly a diamond and gold mining company located in Las Vegas, Nevada. The SEC charged all of the defendants with violating the registration provisions of the federal securities laws. In addition, the Commission charged CMKM and Casavant with violating the antifraud and various reporting, record keeping, and internal controls provisions.
Litigation Release No. 20519: Securities and Exchange Commission v. CMKM Diamonds, Inc., et al, United States District Court for the District of Nevada, Civil Action No. 08- CV 0437 (April 7, 2008)
Complaint
SELECTED COURT ORDERS
Final Judgment of Permanent Injunction Against Defendant CMKM Diamonds, Inc. (April 21, 2008)
On April 21, 2008, the court entered a final judgment against CMKM Diamonds, Inc. enjoining it from future violations of the federal securities laws.
Order Granting SEC’s Motion for Summary Judgment Against Defendants John Edwards, Daryl Anderson, and Kathleen and Anthony Tomasso (June 23, 2009)
Final Judgment of Permanent Junction and Other Relief Against Defendant Urban Casavant (September 2, 2009)
OTHER SEC ACTIONS CONCERNING CMKM DIAMONDS
Litigation Release No. 20855: Securities and Exchange Commission v. Marco Glisson, Civil Action No. 2:09-cv-00104 (D. Nevada) (January 15, 2009)
Complaint
Litigation Release No. 22340: Securities and Exchange Commission v. Marco Glisson, Civil Action No. 2:09-cv (SEC Obtains $4.8 Million Judgment against Marco Glisson who was Charged with Making a Market in Deregistered Securities of CMKM Diamonds, Inc.) (April 23, 2012)
In the Matter of Daryl Anderson, Admin. Proc. File No. 3-13156 (September 2, 2008) (Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Notice of Hearing)
Securities Exchange Act Release No. 58958 (November 14, 2008) (Order Making Findings and Imposing Remedial Sanctions Pursuant to Section 15(b) of the Securities Exchange Act of 1934)
In the Matter of CMKM Diamonds, Inc, Initial Decision Release No. 291, Administrative Proceeding File No. 3-11858 (July 12, 2005)
Securities Exchange Act of 1934 Release No. 52694 (October 28, 2005) (Order Dismissing Review Proceedings and Notice of Finality)
Release No. 34-51305 (March 3, 2005) (Trading Suspension: CMKM Diamonds, Inc., aka Casavant Mining Kimberlite International, Inc.)
2015 Taxes released....HOWEVER:
No mention of the Wells Fargo settlement but there is:
Form i 7004
(Rev. December 2012)
Department of the Treasury
internal Revenue Service
Application for Automatic Extension of Time To File Certain
Business Income Tax, Information, and Other Returns
• File a separate application for each return.
• Information about Form 7004 and its separate instructions is at www.irs.gov/form7004.
OMB No. 1545-0233
Print
or
Type
Name
NEW HORIZONS HOLDINGS INC
Identifying number
90-0070390
Print
or
Type
Number, street, and room or suite no. (If P.O. box, see instructions.)
7714B NORTH HWY 146
Print
or
Type
City, town, state, and ZIP code (If a foreign address, enter city, province or state, and country (follow the country's practice for entering
postal code)).
BAYTOWN TX 77523
Note. File request for extension by the due date of the return for which the ext. is granted. See inst before completing
TAXES for 2015 not released
SK said the taxes for 2015 that includes the Wells Fargo settlement were supposed to be released on Sept 15 to the web site....THEY WERE NOT....
LAS VEGAS (KSNV News3LV) — One of the members of a penny stock fraud conspiracy that defrauded investors of over $35 million over a 13-year period, plead guilty this week to felony securities fraud charges.
U.S. Attorney Daniel G. Bogden for the District of Nevada said Jeffrey Turino, 60, pleaded guilty Aug. 22 to one count of conspiracy to commit securities fraud.
He faces up to 25 years in prison and a fine of up to $250,000, and is scheduled to be sentenced on Nov. 28 at 11 a.m. by U.S. District Judge Jennifer A. Dorsey.
Turino, who is in custody, has requested to be released pending sentencing, and a hearing on the matter is scheduled for today at 2:30 p.m.,
According to the plea agreement, beginning in about 1997 and continuing until about March 2010, Turino conspired with others to fraudulently issue, offer and sell stock issued by corporate shells which they controlled, including World Wide Cannery and Distribution, Global Diamond Exchange, Inc., Equitable Mining Corporation, ODMA Oil and Gas, Inc. and Grand Entertainment and Music, Inc.
Turino and the other conspirators engaged in deceptive practices and issued misleading press releases to promote these companies and to give the impression that they were actively engaged in the importation and sale of products, when in truth, the companies were hollow shells that did not engage in regular or substantial business activities, did not produce any goods, services, or profits, and did not commercially import products as promoted in their news releases.
Turino and other members of the conspiracy fraudulently induced investors to purchase billions of unregistered shares of stock in the companies, which the conspirators had deceptively issued without requisite restrictions and disclosures. Although these penny stocks typically traded for less than one cent per share, the billions of shares of stock that the conspirators offered and sold in the public marketyielded proceeds of more than $35 million, which was divided and distributed among Turino and the other conspirators.
Ten co-conspirators were originally charged in the case. Four are scheduled for trial beginning Nov. 15. Two pleaded guilty and are awaiting sentencing, one is a fugitive, and two more are deceased.
The case is being investigated by IRS Criminal Investigation and the FBI and prosecuted by Assistant U.S. Attorneys Kathryn C. Newman and Andrew W. Duncan.
news3lv.com/news/local/man-pleads-guilty-in-35m-penny-stock-fraud-case
LAS VEGAS (KSNV News3LV) — One of the members of a penny stock fraud conspiracy that defrauded investors of over $35 million over a 13-year period, plead guilty this week to felony securities fraud charges.
U.S. Attorney Daniel G. Bogden for the District of Nevada said Jeffrey Turino, 60, pleaded guilty Aug. 22 to one count of conspiracy to commit securities fraud.
He faces up to 25 years in prison and a fine of up to $250,000, and is scheduled to be sentenced on Nov. 28 at 11 a.m. by U.S. District Judge Jennifer A. Dorsey.
Turino, who is in custody, has requested to be released pending sentencing, and a hearing on the matter is scheduled for today at 2:30 p.m.,
According to the plea agreement, beginning in about 1997 and continuing until about March 2010, Turino conspired with others to fraudulently issue, offer and sell stock issued by corporate shells which they controlled, including World Wide Cannery and Distribution, Global Diamond Exchange, Inc., Equitable Mining Corporation, ODMA Oil and Gas, Inc. and Grand Entertainment and Music, Inc.
Turino and the other conspirators engaged in deceptive practices and issued misleading press releases to promote these companies and to give the impression that they were actively engaged in the importation and sale of products, when in truth, the companies were hollow shells that did not engage in regular or substantial business activities, did not produce any goods, services, or profits, and did not commercially import products as promoted in their news releases.
Turino and other members of the conspiracy fraudulently induced investors to purchase billions of unregistered shares of stock in the companies, which the conspirators had deceptively issued without requisite restrictions and disclosures. Although these penny stocks typically traded for less than one cent per share, the billions of shares of stock that the conspirators offered and sold in the public marketyielded proceeds of more than $35 million, which was divided and distributed among Turino and the other conspirators.
Ten co-conspirators were originally charged in the case. Four are scheduled for trial beginning Nov. 15. Two pleaded guilty and are awaiting sentencing, one is a fugitive, and two more are deceased.
The case is being investigated by IRS Criminal Investigation and the FBI and prosecuted by Assistant U.S. Attorneys Kathryn C. Newman and Andrew W. Duncan.
news3lv.com/news/local/man-pleads-guilty-in-35m-penny-stock-fraud-case
wing, Frank Love ran GAAY....it was naked shorted to death....He went to Las Vegas to talk to a guy named Robert Maheu....the name was changed to QBID....again the same thing happened but some safeguards were put in place by Robert Maheu....Robert Maheu also known as Iron Bob Maheu was Robert Aime Maheu and was an American businessman and lawyer, who worked for the FBI, CIA and as the chief executive of Nevada operations for the industrialist Howard Hughes. He created the OSS during and CIA after WW II....He changed names again and put together CPPD but the company has been dormant to the shareholders until last year...there has been a lot of intrigue involved with this stock...as you can see there are many facets to this company....one of them now being a YouTube type site for Venture Capitalists to view start ups....like crowd funding.....Now this is in addition to their other stuff like film and movie production.....they are located in the heart of the Hollywood film industry.....so you know something in going on....lets wait and see if Viskewich is right.....
WOW VISKEWICH....YOU HAVE MY HAIR STANDING ON END WITH ANTICIPATION....ARE WE REALLY EXPECTING NEWS FROM CPPD AT ANY TIME.....VOLUME COMING IN....GEE WHIZ......
WOW VISKEWICH....YOU HAVE MY HAIR STANDING ON END WITH ANTICIPATION....ARE WE REALLY EXPECTING NEWS FROM CPPD AT ANY TIME.....VOLUME COMING IN....GEE WHIZ......
yeah......
Turino Plea Agreement:
https://www.scribd.com/document/321993497/TURINO-PLEA-AGREEMENT
Highlight
Actual loss attributable to the conspiracy
$35,000,000
RESTITUTION
$35,000,0000
More to come with the rest of the Defendants.
anyone know what happened the other day when Turino turned states evidence
United States v. Defendant(s) Jeffrey Turino
August 19, 2016 U.S. Department of Justice
District of Nevada
501 Las Vegas Blvd. South, Suite 1100
Las Vegas, NV 89101
Phone: (702) 388-6218
Fax: (702) 388-6296
Re: United States v. Defendant(s) Jeffrey Turino
Case Number 2004R01639 and Court Docket Number 09-CR-00132
Dear XXXXXXXXXX:
The enclosed information is provided by the United States Department of Justice Victim Notification System (VNS). As a victim witness professional, my role is to assist you with information and services during the prosecution of this case. I am contacting you because you were identified by law enforcement as a victim during the investigation of the above criminal case.
A pretrial motion(s) hearing has been scheduled for August 22, 2016, 01:30 PM at LV Courtroom 6D, Lloyd D. George U.S. Courthouse, 333 Las Vegas Blvd South, Las Vegas, NV 89101 for defendant(s) Jeffrey Turino before Judge Jennifer Dorsey. The purpose of this hearing is to clarify any outstanding issues prior to trial. This hearing is due to the defendant filing a motion to reopen the detention hearing. This hearing is going to be held at the same time the defendant changes his plea from not guilty to guilty.
Because of the Court's schedule, hearing dates could change on very short notice. If you plan on attending, you may want to call the VNS Call Center or check the website to confirm the date and time. Please note, there is a 24-hour delay in information transfer to the website.
Through the Victim Notification System (VNS) we will continue to provide you with updated scheduling and event information as the case proceeds through the criminal justice system. You may obtain current information about this case on the VNS website at www.notify.usdoj.gov or from the VNS Call Center at 1-866-DOJ-4YOU (1-866-365-4968) (TDD/TTY: 1-866-228-4619) (International: 1-502-213-2767). In addition, you may use the Call Center or Internet to update your contact information and/or change your decision about participation in the notification program.
You will use your Victim Identification Number (VIN) 'XXXXXXX' and Personal Identification Number (PIN) 'XXXX' anytime you contact the Call Center and the first time you log into VNS on the website. If you are receiving notifications with multiple victim ID/PIN codes please contact the VNS Call Center. In addition, the first time you access the VNS website, you will be prompted to enter your last name (or business name) as currently contained in VNS. The name you should enter is Free.
Remember, VNS is an automated system and cannot answer questions. If you have other questions which involve this matter, please contact this office at the number listed above.
Sincerely,
Daniel G. Bogden
United States Attorney
Debra Waite
Victim Witness Specialist
yes:
New non-dilutive funding for the joint venture will be provided by third-party finance companies and new customer contracts.
there has been a lot of intrigue and secrecy involved with this stock....lets see if what viskewich says is true.....
I'm so excited that I just can't hide it.......
oh wow......I'm excited......this is it......thank you Iron Bob Maheu....
let them.....
I do not like T-Mobile for some of the same reasons I dislike NTLK....I had a phone with T-Mobile for several years. I needed to downsize and went to their yearly minute plan after. I had over 100 minutes on my T-Mobil phone and all I needed to do was pay $10 a year to maintain my minutes. This worked fine for 3 years and then when I renewed I found out that my phone number was given to someone else. I had documentation but T-Mobile kept denying it. I went all the way up to the FTC to get satisfaction. Both NTLK and T-Mobile can both go to hell.
I have both a magic jack and a net talk....I replaced my router to a newer router....Net Talk worked with the older router but not the new router....magic jack had no problem....when I called NetTalk they told me to contact my router company....my router company told me to contact NetTalk....3 years ago these people said they were going to bring out "exciting" new products over the next year...they did not....therefore as far as I'm concerned these guys are a bunch of liars and their product does not work......The last time I spoke with these guys they said they would return my money.....they did not and when I spoke with them they kept saying it was coming. It never did......don't waste your money with these guys......they're crooks as far as I'm concerned and their product does not work......
this is a good time to get in for the long haul and pick up those shareholders benefits....it pays for itself.....
Is USAA discontinuing its foreign currency service?
Yes. Effective immediately, USAA has discontinued selling or buying foreign currency for its members.
Reports Record Second Quarter Earnings And Additional $1 Billion Share Repurchase Authorization
todays 8K:
Item 2.02 Results of Operations and Financial Condition .
On June 28, 2016, Carnival Corporation & plc issued a press release entitled “CARNIVAL CORPORATION & PLC REPORTS NEAR DOUBLING OF ADJUSTED SECOND QUARTER EARNINGS.”
j....u doing the leaps
visk, 2 weeks has turned into 4 weeks....can you check with your re-liable source....you have my hair standing on end.....and i don't want to get the willies..........
British carnival plc is tanking......you in particular should think about getting out.....imo
wow.....holy jehosaphats viskewich.....you have my hair standing on end....I can hardly wait.....you should ask IHub to make you the moderator here on this thread....thanxs for being so swell.....
I hope what you said is true especially with all the volume coming in.....where did you hear about two weeks from now.....we might see a run if what you say is true....thanx.....
It would be interesting to know especially since they gave a dividend out a little over a year ago but have kept real quiet otherwise....let us know...I would like to know what Iron Bob Mahue, Howard Hughes alter ego did for the shareholders....lets see if it does go up to $200 a share like you said...
vis.....the mm are building up inventory....you can only buy 10k blocks now......$200 X 10K is 2 million american presidents portraits.......better hurry and load up......looks like things are starting....watch the Psss for the countdown clock to start.........let us know....
Click on: PSSS...has the countdown started
Hey Willy...SGGM
Hey willy....You got me into SGGM as part of CMKX and now look what happened to it. TD sold it without my knowledge or consent. It just showed up 6 months later on my end of year statement. They sold my property...why did I listen to you.
TD Ameritrade will automatically remove certain non-transferable positions pursuant to SEC Rule SR-DTC-2003-09 on a regular basis. This process is not related to the manual removal requests that clients make for non-marketable securities. Clients do not have a choice of having the position removed.
DTC Removal Eligibility
The Depository Trust Company provides a list of securities eligible for removal that is vetted carefully on behalf of our clients.
?The DTC list is reviewed monthly and if it is determined that the security is trading and/or receiving payments, the position is not removed.
?The non-transferrable securities removed by TD Ameritrade do not have transfer services available (and have not for six years or more), and are often inactive and worthless positions.?
?When a security is identified for removal it is a cusip-wide take down.
?There is no charge for this process.
?Once removed, a security cannot be reinstated at client requests.?
If you have any questions or concerns, please contact a Client Services representative at 800-669-3900. We are available 24 hours a day, seven days a week.
Thank you,
Jon Fye
Trade Resolution, TD AMERITRADE
Division of TD AMERITRADE, Inc.
Just like the IEME scam you pushed.....
What's going on with this stock....
This is the old QBID that Robert Mahue, Howard Hughes's alter ego, was involved with a few years back.
willy....once burned twice shy.........
hey willy.....it's far better to have 2 at 30 then 1 at 60......
SEC Halts Pyramid/Ponzi Scheme Targeting
Washington D.C., July 2, 2015 —
The Securities and Exchange Commission today announced fraud charges and an asset freeze against the operators of a pyramid and Ponzi scheme falsely promising a gold mine of investment opportunity to investors in Spanish and Portuguese-speaking communities in Massachusetts, Florida, and elsewhere in the U.S.
The SEC alleges that DFRF Enterprises, named for its founder Daniel Fernandes Rojo Filho, claimed to operate more than 50 gold mines in Brazil and Africa, but the company’s revenues came solely from selling membership interests to investors and not from mining gold. With the help of several promoters, they lured investors with such false promises as their money would be fully insured, DFRF has a line of credit with a Swiss private bank, and one-quarter of DFRF’s profits are used for charitable work in Africa. The scheme raised more than $15 million from at least 1,400 investors by recruiting new members in pyramid scheme fashion to keep the fraud afloat, and commissions were paid to earlier investors in Ponzi-like fashion for their recruitment efforts. The SEC further alleges that Filho has withdrawn more than $6 million of investor funds to buy a fleet of luxury cars among other personal expenses.
“DFRF and its operators falsely claimed that they were running a lucrative gold mining business when in reality they were operating a Ponzi and pyramid scheme that preyed on investors in particular ethnic communities who stand to lose millions of dollars,” said John T. Dugan, Associate Regional Director of the SEC’s Boston Regional Office. “Investors were not given the full story about the true value and security of their investments.”
According to the SEC’s complaint filed June 30 and unsealed today in federal court in Boston, Filho is a Brazilian native who lives in Winter Garden, Fla., and he orchestrated the scheme with assistance from six promoters also charged in the case: Wanderley M. Dalman of Revere, Mass.; Gaspar C. Jesus of Malden, Mass.; Eduardo N. Da Silva of Orlando, Fla.; Heriberto C. Perez Valdes of Miami; Jeffrey A. Feldman of Boca Raton; and Romildo Da Cunha of Brazil.
The SEC alleges that Filho and others began selling “memberships” in DFRF last year through meetings with prospective investors primarily in Massachusetts hotel conference rooms, private homes, and businesses. DFRF promoted the investment opportunity through online videos in which Filho falsely claimed that the company had registered with the SEC and its stock would be publicly traded. As DFRF’s marketing reach widened, membership sales dramatically increased from under $100,000 in June 2014 to more than $4 million in March 2015 alone.
The SEC’s complaint alleges that all defendants violated the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and registration provisions Section 5(a) and 5(c) of the Securities Act.
The SEC’s investigation was conducted by Caitlyn M. Campbell, Mark Albers, John McCann, Frank C. Huntington, and Michele T. Perillo of the SEC’s Boston Regional Office, and assisted by Carlos Costa-Rodrigues in the agency’s Office of International Affairs.
The SEC appreciates the assistance of the U.S. Attorney’s Office for the District of Massachusetts, the Boston field office of the Federal Bureau of Investigation, the Massachusetts Securities Division of the Massachusetts Secretary of Commonwealth’s office, the Office of the Commissioner of Financial Institutions of the Commonwealth of Puerto Rico, the British Columbia Securities Commission, the Swiss Financial Market Supervisory Authority, the Financial Services Commission of Barbados, and the United Kingdom Financial Conduct Authority.
###
go back to africa......
July 1, 2015 RE: Clark County Court Decision, Webinar #44 Outline
To All CMKM/NHHI Shareholders:
Judge Cadish with Clark County District Court has denied the Motion to Set Aside Default and Default Judgment filed by the judgment debtor, effectively reaffirming our judgment, which was obtained over two years ago. The ruling was actually made on June 19, 2015, but the court inadvertently notified the wrong lawyers of the decision. The court’s ruling is significant, and allows NHHI to move forward with recovery efforts that began overseas two years ago. We will continue to press for more good news to report in the days ahead.
Many thanks are due to our legal team of Bill Frizzell and Jay Shafer for the many long hours of great work required to obtain the judgment and to defend it. There are literally hundreds of pages of evidence, motions, depositions, and affidavits involved in a case like this, and these two men have done an excellent job representing CMKM/NHHI in this matter.
Webinar #44
Webinar #44 was held last night, with +/- 50 attendees. The event lasted slightly over one hour, and ended with some very good questions from attendees. You can click here to view a brief PowerPoint outline of the event.
I will host another webinar in mid-July to discuss the ramifications of the court ruling, and to discuss the bank records we are expecting to receive from Wells Fargo by July 15, 2015.
As we celebrate the God-ordained freedoms that we enjoy here in America, I hope than each of you has a blessed and happy July 4th weekend. Thank you and God bless!
Steve Kirkpatrick