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Same problems Tolstoy had with War and Peace.
by Brain Damage
I'm going to take a chance and give an honest status report.
If I or Mark or anyone involved with the book gets any grief for it on this board (and I don't read other boards, so I couldn't care less what folks there think or post), no more status reports...ever.
So, we're past the first galley and now waiting for the 2nd. I've posted in the past how complex the formatting is (and gotten the typical expected moronic responses), but the fact remains it is very complicated...and the printing house just totally didn't get it on their first try. We actually had to invent a new galley process that could work for this book...if we want it to look the way it's supposed to look.
So, we're expecting galley #2 next week (if we're lucky). If our luck continues, the galley will be formatted correctly and we can actually perform a nit-picking pass on it. There won't be many nits, though, because everything has been gone over for content several times already by several different people.
In all honestly, between the galley complications, the image rights issues and fact no one involved in this book has ever attempted a publishing project this complex, we're about 3-4 months behind where I truly, honestly thought we'd be by now. I apologize for predicting the thing would be done sooner. I can't fault anyone for giving us grief, but I'm still asking for and expecting just a modicum of restraint...if you want to continue seeing honest updates from me.
-BD
Now THIS is a nerve hitting post!
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28039819
Are the Casavants loosing their home? Is this a serious request to send money to them? Why would they want to avoid notice from the IRS? Lastly, is a loose house Canadian slang for crack house?
by tec1958
to save Carolyn she needs our help LOL
gurumaster
Diamond Cutter Level 2
Carolyn and Wesley need our help please donate!
« Thread Started on Today at 9:58am »
--------------------------------------------------------------------------------
Well it looks like Urban blew all the money and now with the latest housing meltdown it has made its way to Carolyn home in Canada. Remember she has always been positive and never waivered and was always there for us!They are close to loosing their home which could will send Wesley and Carolyn homeless in Canada. They are asking for donations so if we can help them send it to
Carolyn Casavant title the check
Save the Casavant home
111 Middlecrescent,
Saskatoon, Saskatchewan
S7J 2W5 Canada for Fort a la Corne
ps do not put " Urban " on any check as the banks have a freeze on all checks made out to " Urban"
Thanks
One other thing please keep the checks under $5,000.00 as that way it wont allert the IRS. If you feel the need to send more than $5,000.00 split them up to stay under the $5,000.00 alert.
« Last Edit: Today at 10:03am by gurumaster »
http://cmkxdiamond.proboards66.com/index.cgi?board=general1&action=display&thread=1206885493
Nice story about Zeev Hed.
Well-grounded physicist led quiet, inventive life
Article published Mar 26, 2008
Patents about better chemistry for superconductors and faster hand-drying in bathrooms, about secure time stamps for computer files and remote lighting of appliances, about magnetic heat pumps and disposable paper cups.
That's a lot of intellectual ground for one man to cover.
"When you have an active mind, a busy brain – you can do more!" said Urszula Hed, of Nashua, speaking of her late husband, Zeev, a physicist who turned the joy of invention into a profession. "I lived with him so long I didn't think it was unusual."
Hed died earlier this month at age 69 after a short illness, stilling what had been a very active mind, indeed. He was involved in at least 45 U.S. patents, including those cited above, plus an equal number of international ones. For decades he slew corporations' intellectual dragons as part of an unusual inventor-for-hire company in Massachusetts.
"He was really a generalist," said longtime business partner Richard Pavelle, one of four men who made up the firm Invent Resources. "He had expertise in chemistry, biology, medical instrumentation, medicine, music history . . . and a degree in physics. He and I would be on the phone with experts at various companies, and the remarkable thing was that after a couple of minutes in these meetings, it was clear to everybody there that he knew more than the experts."
His motto as an inventor, as I was told by everybody I talked to about him, was simple: "I am too stupid to know it cannot be done." If it wasn't perpetual motion or other violation of the laws of nature, he was willing to take a shot.
He and his family lived in Nashua for a quarter-century, since he first came up from the New York area to take a corporate job he quickly ditched. All four of their children were raised here.
So why haven't you ever heard of him? More importantly, why haven't I?
My first inkling of this amazing man, I must admit, came last week when anonymous e-mails landed at The Telegraph, asking about his death. It turns out they were from fans at an online personal finance forum where Hed had posted free advice for years.
"I have been corresponding with him for nearly 15 years, both publicly and privately. The world has lost a true champion and a humble, giving soul," wrote one of these people in response to my query. "I would write more but tears are dripping into my keyboard again."
Urszula Hed said the family wasn't known here because they were more oriented south of the border, for business and personal reasons (the kids all went to private schools).
And Zeev Hed didn't go public, as many would have, about his astonishing life.
His father was born in Cologne, Germany, and his mother in Lodz, Poland – not great places to be in the early years of the 20th century if you were Jewish. His siblings were born in Germany, but by the time he came along, his parents had gone to Belgium to avoid the Nazis.
It didn't work, unfortunately; both his parents were killed as part of the resistance, and Hed ended up as one of a group of children who fled the Nazis during World War II, moving from location to location until they were finally rescued by Allied forces.
"He learned to read by drawing letters in the sand," said his wife.
Hed was taken to Israel, where he grew up on a kibbutz. Eventually he got a doctorate in solid-state physics and made it, like so many bright, post-war children, to the United States.
He worked for companies and on his own, before hooking up with three other, like-minded engineer scientists to create Invent Resources. Companies came to them with problems they needed solving.
"There are many Fortune 500 companies that have virtually no technical ability in house," said Pavelle.
So the quartet got to do the enjoyable part of R&D – that is, the R. What happened afterward wasn't their problem.
"We did the fun work," said Pavelle. "Clearly, in any product development, the most difficult part is the marketing . . . It's not uncommon for a company to spend 20-30 million (dollars) on a new product that never sees the light of day for whatever reason."
This unusual career allowed Hed to work mostly at home, cranking out patents and helping companies from the huge to the startup.
There are a surprising number of very clever but overlooked people like Hed around, doing amazing stuff with no recognition. I'm sorry I didn't know about him while he was still alive; but perhaps that's the way he liked it.
His wife told me about a job interview in which the not-particularly lofty Hed said he should be hired "because I'm the tallest man you've ever met."
The reason for that odd boast?
"He told them, 'I have my feet on the ground and my head in the clouds,' " Urszula Hed said. "That's what he was like."
Science from the Sidelines appears Wednesdays in The Telegraph. David Brooks can be reached at 594-5831 or dbrooks@nashuatelegraph.com
http://www.nashuatelegraph.com/apps/pbcs.dll/article?AID=/20080326/COLUMNISTS03/320280847/-1/news
April 1st warm up.
By: thanks_urban
29 Mar 2008, 08:13 PM EDT
Msg. 694564 of 694672
Jump to msg. #
I chose this name for one reason and that is Urban. He set something up that on the surface looks very bad but I just received information from my sister who works at a broker. She stated that shareholders of CMKX are being paid but people that have electronic shares will be paid first. Electronic shareholders will be getting .005 per share. If it were not for CMKM they could of swept this under the rug she said. The brokers have been fighting this for a long time and if they had their way she said they would continue. She said the hammer came down the other day and they have to resolve the electronics first. Then once they are handled then shareholders holding certs will be paid. She assumes that .005 per share is what certholders will get also but she could not confrim this at the moment.
By: wowthisishuge
29 Mar 2008, 12:31 PM EDT
Msg. 694255 of 694672
Jump to msg. #
Hi Everyone,
My brother called me on Wednesday and filled me in on what is going on. Over the last 3 years he has laughed at me when I told him about CMKX. He called it a scam from day one. I always rebutted his statements and told him it was a sting and he would see very soon. Of course very soon didn't happen and many times I questioned what I had got into.
Well things have changed. I cannot tell you where he works for his own safety, but our most recent conversation was eye opening to say the least. The treasury is posturing before the public at this time just prior to the federal reserve being moved under it's umbrella. Paulson is the presidents key man and is running the show on that end.
The Sec is being disarmed. He also said numerous payments are being released behind the scenes to various companies but you will not hear about them. He is not sure how they are doing it, could be an NDA.
He said that CMKX will be handled very quietly, but the ownership in one company will turn the future into a windfall of unimaginable wealth.
Now you know why I picked this alias
The system changes are real. Unbelievable.
God Bless us ALL!
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"naked shortening" ???
Are they baking the packets into a cake?
No, short bread!
Sorry, jimmy made me do it.
Angus, if your neighbor wants the latest on CMKX there is a company website that is updated at least once a month. He is fortunate that he only has 1 million shares. Many people sank much more into Urban's scam.
http://www.cmkmdiamondsinc.com/index.html
How does peedro find all that stuff??
Scam Radar! lol I'm going to keep an eye on it for the pump.
TRILLIANT EXPLORATION CORP (OTCPK: _ TTXP )
And there's only one business day left in March. Those packet-deliverers had better get cracking.
Can you imagine being one of her children when no packet arrives? She's going to go crazy!
I have no pity for her. People who believe they can file frivolous lawsuits against individuals are nothing more than extortionists, imo.
Lather Rinse Repeat
by Pedro
Claims Update and Shareholder WARNING
Updated claims report showing who currently owns the CMKM Claims.
http://viewer.zoho.com/docs/qYdcKb
ALERT ~~ CMKM SHAREHOLDER WARNING
BLACKEDGE STRATEGIC CAPITAL AND CONSULTING LTD.
http://www.blackedgestrategic.com/
BLACKEDGE staked 80 claims during Dec-2006;
Claims once held by Koch and Dhonau (Nevada Minerals).
BLACKEDGE ~ TRILLIANT EXPLORATION CORP (OTCPK: _ TTXP )
Joint Venture
Quote:
"On November 9, 2007, the Company entered into an Asset Purchase Agreement (the "Agreement") with Blackedge Strategic Capital and Consulting Ltd. ("Blackedge"). Under the terms of the Agreement, the Company will purchase various mineral claims, comprising 80 claims in ten Townships for a total of 99,240 hectares, for total consideration of 10,000,000 shares of common stock of the Company, plus a payment of $500,000. The purchase price will be paid in ten installments of 1,000,000 shares and $50,000 cash each on or before June 30, 2008. Blackedge will also receive a 3% Net Smelter Royalty. Blackedge will transfer 1/10 of the total number of claims upon receipt of each installment payment. Other than in respect of the Agreement, there are no material relationships between Blackedge and the Company."
http://www.sec.gov/Archives/edgar/data/1378948/000105652007000514/blackedge8k_110907.htm
TRILLIANT SB-2 filed 10/31/2006
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001378948&owner=include&count=40
TRILLIANT 2-1 forward Split 12/12/2007
http://www.otcbb.com/asp/dividend.asp?sym_id=TTXP&dDate=11/9/2007&sDateType=Record_date
by Pedro
TRILLIANT EXPLORATION CORP (OTCPK: _ TTXP )
Beware of and keep an eye out for the pump!
A Nevada Corporation
~~~ That just had an increase in Authorized Shares
http://cmkxdiamond.proboards66.com/index.cgi?board=general1&action=display&thread=1206805309
What a whackjob.
Janice, don't worry, I don't believe you'll be making any "court runs". ROFL
i think right after our payday, you gonna be doing some court runs.....
OMG RB is too bizarre on Saturdays!
By: leowanta
29 Mar 2008, 01:03 PM EDT
Msg. 694277 of 694509
(This msg. is a reply to 694233 by psychotic_wanta.)
Jump to msg. #
libel
janice shell, you do realize i have copies of all of your libel posts about me or relating to me for many years.... defamation of character, can you prove what you write about others?
i think right after our payday, you gonna be doing some court runs.....
this makes 4 counts recently, a repeated, actionable incident of defamation to include years gone by, of more than 20 counts...
WHAT'S IN YOUR WALLET?
By: psychotic_wanta
29 Mar 2008, 11:59 AM EDT
Msg. 694233 of 694273
Jump to msg. #
If everybody would just ignore dickey april he will fade away. He is just attention seeking, and every time you respond to him it reinforces his behavior.
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View Replies »
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=694277
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=694279
By: leowanta
29 Mar 2008, 12:54 PM EDT
Msg. 694266 of 694518
(This msg. is a reply to 694255 by wowthisishuge.)
Jump to msg. #
wow, thank you ...i can believe it about the U.S. Treasury being the key agency, Paulson hinted at that last Wednesday...
by disarming the SEC, you know what that means, they lost their budget, they did not do what they were mandated to do, protect investors....the 2 congressional ACTS they were to operate under were not followed, so, by the SEC leaving the scene, it's a pretty good indication that congress ripped their budget....our naked short was so huge, it just couldn't be denied....plus while they are calling it "sub-prime mortgages" i'm thinking if they'd tell the public the truth, it's "naked shortening" that makes up most of the 515 trillion giving banks the hiccup...of course the government would NEVER tell you that, it would destory he markets and completely end any confidence investors have in the marketplace...
i look for that payment in March, before Basel II is effective April 2008....what bank would want to mark anything to level three and show the world after April 1? that's why i believe our 4.1 trillion nss will be taken down before April 1....my logical reasoning...
Therefor, i am believing casper is right on about deliveries anytime now....we'll see
wowthisishuge....any thoughts on when the company will pay us? that trust has to be huge with all the interest....i read where someone thinks a buyout offer of $1.00....UC can't bargin with that trust, it must be paid out isn't it.... all of it, the same amount that shorty paid per share, we must be given, with interest....so did UC say when?
thanks for the posts.
leowanta
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View Replies
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=694266
By: leowanta
29 Mar 2008, 01:07 PM EDT
Msg. 694280 of 694521
(This msg. is a reply to 694278 by rainy777.)
Jump to msg. #
well, my figures came to 4.2 trillion...
ralph posted 4.1 trillion
and it doesn't matter about "TOO MUCH"...that was what was done, and that is what has to be paid for...math doesn't lie...
leowanta
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=694280
By: psychotic_wanta
29 Mar 2008, 01:12 PM EDT
Msg. 694284 of 694525
(This msg. is a reply to 694279 by leowanta.)
Jump to msg. #
Leo-in addition to being psychotic, you are mind-numbingly stupid.
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View Replies »
By: mkaykay0
29 Mar 2008, 01:18 PM EDT
Msg. 694288 of 694525
(This msg. is a reply to 694284 by psychotic_wanta.)
Jump to msg. #
Plus she lies like a dog! I always knew she was half nuts, but didn't know she was a liar too.
By: leowanta
29 Mar 2008, 01:35 PM EDT
Msg. 694298 of 694525
(This msg. is a reply to 694291 by wowthisishuge.)
Jump to msg. #
wow...thanks for the response..
i completely understand the "rivalry" between ya....i have the same negative position with my kiddos....they got burned so bad in the markets, they refuse to even listen when i talk about the coming roi...i get nasty grams from them telling me to wake up, i'll never be paid...they don't believe the markets will make this correction, no way, no how...i understand your surprise when your brother called you, having good news coming from that a non-believer is truly a nice surprise.
tied up for the next 5 days...well here is one of the "somethings"...Paulson may speak of it monday....however for the FED to have "accountablility" they must be pulled into the Treasury Agencies, otherwise, they cannot be allowed any government responsibilities as a private corporation...they have to have the taxpayers best interest in hand not profit for the corporation as the driving force to meet goals.
hopefully we have closure (payment news or packets in hand would be better)by April 1...and no "foolin" with our emotions this time...we NEED CLOSURE!
leowanta
LOL
Is that Princess Bea wheeling them around?
By: drcommonsense
28 Mar 2008, 09:48 PM EDT
Msg. 693978 of 694095
Jump to msg. #
MONA, WODAN SPUDEY ALAN HELLOOOOOO!
Well? Does one dare ask?
I am guessing Urban didn't speak and I am guessing Tyler never declared bankruptcy?
I realize there are a lot of pissed off shareholders (bashers) and maybe even a few real bashers just like there are a few real pumpers. I honestly wished both of those two groups a real bad thought.
There are a few others though that I believe owe a large apology to real shareholders out here. The Urban will save us this week pump I see didn't happen. Besides the goofy raging bull posters will:
1. Spudey
2. Alan
3, Wodan
please step forward and explain things to us. Just a thought? I see Wodan already has and has a whole new source base etc etc etc.
That is fine but will he then at least apologize not for his prior poor source but his belittling of people that questioned his source. Seems they were correct after all. Hopefully Wodan's new found source does a better job.
For all those that supported Wodan's old sources and "bashed" the people who questioned your support of Wodan, will you apologize? Probably not, but do not attack me because I wanted to believe too, but today he told me (his sources were not good). Does this mean that when his sources told him that gbdx was connected that it is not true as well? Does this mean the packets are not in the warehouse in Belgium?
Does this mean that these new sources are just as bad as the old information his old sources gave him? I have so many more questions, but I know the only response I will get is one liners from hopeful shareholders.
His whole story just changed today, and all he stated was "It's up to you whether you believe me or not." Wodan it is difficult because of what you said for the past few years!
So let's see, I am still waiting for:
1. Mona to answer my first question, STILL UNANSWERED.
2. Wodan to answer my first question, which he did today by changing his entire story.
3. Spudey needs to answer to his "sources.
4. Flip flopper Alan needs to answer.
5. Wodan needs to tell us why his "old" sources were hearing the same thing as Alan and Spudey.
Good luck! I AGREE WE ARE IN, I JUST HOPE IT'S JUST NOT BS THAT WE WIN.
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=693978
By: ibaft_2016
28 Mar 2008, 11:43 PM EDT
Msg. 694095 of 694095
Jump to msg. #
The Belgians exposed, so now our favorite
little Jeffy brings in the new Australian gurus. Always shooting for the "exotic" foreigners to pump your scams, eh Jeff? Always brining in "outside talent" to keep this sharehoder base together to continue fleecing them on scams like SFPS, GBDX and CSON, huh Jeff? I guess Americans are gullible at times when they hear a foreigner is involved, the foreigner might know something that tehy don't - or so you think.
One thing for certain - we see through you pal. Time to fry junior.
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=694095
she clones rats...Paulson is the work of Janice Shell!!??
My first thought also! lol
The Natural Lawyer is on RB preparing for her next lawsuit.
By: leowanta
28 Mar 2008, 05:51 PM EDT
Msg. 693730 of 694093
(This msg. is a reply to 693706 by leowanta.)
Jump to msg. #
libel
each count (3) actionable....1 year from date of incident...
*************************************
By: psychotic_wanta
28 Mar 2008, 05:18 PM EDT
Msg. 693704 of 693704
(This msg. is a reply to 693702 by leowanta.)
Jump to msg. #
Leo-what in your delusional system makes you think Basel or Judgement fund branch have a damn thing to do witgh CMKX. Basel, for eample, deals with bank capitalization and risk management procedures.
************************************************
By: psychotic_wanta
28 Mar 2008, 05:39 PM EDT
Msg. 693720 of 693729
Jump to msg. #
Gotta love it when the dweebs go on about the shares traded. This scam traded a total of 1.7 trillion shares, not even enough to allow the scammers to dump the entire 800 billion shares.
*********************************************
By: psychotic_wanta
28 Mar 2008, 05:42 PM EDT
Msg. 693723 of 693729
(This msg. is a reply to 693700 by ibaft_2016.)
Jump to msg. #
**************************************************
LOL, truffles. I'm sure your all caps delusional rant will give the SEC staff a good chuckle.
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View Replies »
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=693730
By: psychotic_wanta
28 Mar 2008, 06:03 PM EDT
Msg. 693744 of 694094
(This msg. is a reply to 693730 by leowanta.)
Jump to msg. #
You are an alias, wanta. You cant be libeled. And you are clearly psychotic.
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=693744
Remind you of anyone?
"True Long - the con man's best friend."
Yes. Cert pulling cave dwellers.
LOL
Cert - an official-looking document that proves you lost money.
Cert Pull - a reliable way to insure that Stuckholders remain so.
Melchizidek - a business-friendly domicile for Emerging Growth Companies (see also: Utah)
God Bless (when used at the end of a letter to shareholders, subscribers, etc.) - proof that the author is sincere about wanting to take your money, reluctant to serve a prison sentence, or both.
OMG this is hilarious!
Janet Shell - part cyber-sleuth, part vampire, she clones rats in a secret underground lair and can destroy an Emerging Growth Stock by simply moving her fingers. Sued by the SEC, Amazon and Business Week, she fled her Texas trailer park and is now living in exile in the former Soviet republic of Italy.
Posted by: plastipunk
In reply to: lowman who wrote msg# 2526
Date:3/21/2008 11:02:47 AM
Post #of 2528
A must read: ROTFLMAO
Pinkie dictionary
AF's - Audited Financials; documents so rare, so precious, that mere mention of their future appearance can cause spectacular price appreciation (See also: Next Week).
Available Funds - a number inversely proportional to the investment merits of the stock you are considering for purchase.
Average Down - what to do when your stock has dropped far below your Mental Stop.
Basher - the ultimate compliment; a person of considerable wealth, wit and skepticism. Will never critique a bad stock, only good ones. (See also: Paid Basher)
Big News - the cause of much anticipation among Stuckholders; if and when released, causes massive Naked Shorting, which is the only way the Market Makers can prevent the price from rising (to the Moon).
Boca Raton - an island of integrity and sound financial advice in the Florida swamps.
Boiler Room - an old documentary about the lost art of reeling in a Sucker by telephone.
Cellar Boxing - a game played by Market Makers when they get bored with pulling the wings off flies.
Cert - an official-looking document that proves you lost money.
Cert Pull - a reliable way to insure that Stuckholders remain so.
Credit Card - an excellent source of funds for non-marginable Emerging Growth Stocks
DD - the process by which you convince yourself to buy a bad stock (courtesy of "serfdom").
Economic Darwinism - the process by which Pink Sheet Stuckholders are relieved of their money and removed from the financial ecosystem, thus insuring that they will never become wealthy enough to cause real damage.
Emerging Growth Company - an implausible story about a hypothetical business.
Emerging Growth Stock - a scam.
Ex-clearing - the red button on the trading terminals of all Hedge Funds that allows a trader to manipulate a single stock, or the entire market, yet avoid detection by any compliance, audit, regulatory or taxation authority.
God Bless (when used at the end of a letter to shareholders, subscribers, etc.) - proof that the author is sincere about wanting to take your money, reluctant to serve a prison sentence, or both.
Greenwich, CT - Hedge Fund capital of the world, home to many Naked Short Sellers; the only portal into Hades with regular train service from mid-town Manhattan.
Gullibler - see Sucker
Gut Feeling - (before you buy an Emerging Growth Stock): a hunch that this will finally be the multi-bagger you have been searching for; (after you buy an Emerging Growth Stock): the urge to vomit.
Hedge Fund - any group of two or more people with more money and brains than you.
Investor Relations - a liar who is unable to hold down a steady job.
JV - an arrangement between the promoters of two or more Emerging Growth Stocks, with the sole intention of inducing Suckers to buy, and shorts to cover; a meaningless document.
Janet Shell - part cyber-sleuth, part vampire, she clones rats in a secret underground lair and can destroy an Emerging Growth Stock by simply moving her fingers. Sued by the SEC, Amazon and Business Week, she fled her Texas trailer park and is now living in exile in the former Soviet republic of Italy.
Letter of Intent - a letter sent by one party to a second party, usually made public with the sole intention of inducing many third parties to purchase an Emerging Growth Stock. (See also: MOU, JV, Big News, Next Week)
Level II - an electronic stream of data that will enable you to lose more money, faster than ever before.
Locked and Loaded - "I have doubled down more than once on this pig, and if it doesn't go back up very soon, I am in deep, deep trouble…"
Long and Strong - "My irrational belief in this dishonest promotion will not be shaken by assertions of fact."
MM - Market Maker; the Ferrari-driving 24 year-old who emptied your account, one trade at a time.
MOASS - the Mother of All Short Squeezes; when predicted as imminent, a guarantee that your stock will drift lower for the rest of time.
MOU - a letter sent by one liar to another.
Margin - a quicker way to send your entire portfolio to Money Heaven.
Margin Call - the market's way of telling you to stop trading and buy no-load mutual funds.
Melchizidek - a business-friendly domicile for Emerging Growth Companies (see also: Utah)
Mental Stop - an arbitrary point below your purchase price, and always adjusted down to be below the current quote. (See also: Stop Loss)
Mine - a hole in the ground with a liar at the top (Mark Twain).
Mining Company - a group of liars.
Mining Company (Exploration Stage) - a group of liars who have not yet agreed what to lie about.
Mining Company Stock - expensive toilet paper.
Money Heaven: the final resting place for the capital of retail Spec-o-lators. (See also Greenwich, CT.)
Money TV - a platform for fraudulent stock promotion, hosted by paid shill and convicted goat-f*cker, Donald Baillargeon.
Moon - frequently-promised price-point for Emerging Growth Stocks; a mineral-rich celestial body, ripe for exploration by Mining Companies.
NSS (Naked Short Selling) - a helpful service provided by Market Makers to lower the price of your stock, so you can buy more at bargain levels (in time for the MOASS).
Next Week - the time frame for the release of the Big News. Always Next Week, never This Week.
NITE - Knight Trading, the largest Market Maker of Emerging Growth Stocks, and the party responsible for your lack of investment acumen and poor trading skills.
OS - Outstanding Shares, like the National Debt, a large and ever-increasing number, but with more immediate negative effect on Stuckholders' wealth.
Optomistic - this mis-spelling of the word optimistic reliably indicates the victim has not yet realized the extent of his losses, or the depths to which the company's management or IR person will go to deceive him.
Paid Basher - one already rich from not wasting their capital on Emerging Growth Stocks, and able to pull down many additional billions by criticizing YOUR stock.
Penny Stock - a business so unprofitable, so mis-managed, so dishonest, that no bank or VC would lend them a cent (see also: Emerging Growth Stock, Mining Company).
Penny Stockholm Syndrome - the love that dare not show a spouse the brokerage statement (see also: True Long).
Pink Sheets - an electronic stock exhange whose secret objective is the transfer of wealth from Suckers to Hedge Funds and executives of Emerging Growth Companies.
Positive DD - what the CEO/promoter/IR person tells you on the phone (but is unable to put in writing); frequently involves Big News, which may arrive as early as Next Week.
Press Release - (when issued by a Real Company) an announcement of material interest to the financial community, intended to goose the stock price; (when issued by an Emerging Growth Company) a collection of exaggerations, lies and errors of omission, intended to goose the stock price.
Reverse Split - the market's way of letting you know your stock is a loser.
SEC - huge, lavishly-funded regulatory agency, whose secret objective is the transfer of wealth from Suckers to Hedge Funds.
Short - the natural enemy of the Sucker;
Short, Naked - see NSS
Spec-o-late - to throw one's capital down the Stinky Pinky Toilet; to engage in wild financial fantasies that will never be realized.
Steve Cohen - (pronounced: Cth'ul'hu) Hedge Fund manager and notorious Short; very camera-shy, due to the fact that he has actual horns growing from his head.
Stinky Pinky - see Emerging Growth Stock
Stinky Pinky Toilet: the place your money goes. (See also: Money Heaven)
Stop Loss - an invitation to a Market Maker to take your money.
Stuckholder - holder of a position in a Stinky Pinky where the proceeds from selling would be less than the commission.
Sucker - anyone long a Penny Stock for longer than it takes to go to the bathroom.
Things that make you go HMMMMMM - prelude or finale to a message-board post consisting of well-researched links that clearly prove the price weakness in a particular Stinky Pinky is due to a vast conspiracy by a secret alliance of Hedge Funds, Market Makers, central banks, the supreme court, Raging Bull, Paid Bashers, the Vatican, the SEC and DTCC, the House of Saud, George Soros, the Smoking Man, etc.
Time Travel - a technology found only in the business plans of Emerging Growth Companies.
Trailing Stop - a trading technique designed to protect profits, seldom needed by investors in Emerging Growth Stocks.
True Long - the con man's best friend.
Utah - a business-friendly domicile for Emerging Growth Stocks.
Vancouver - a street in Canada where your broker worked before he moved to Boca Raton
Wall St - a really old movie with Michael Douglas that portrays the softer, more sentimental side of finance (see also: Boiler Room).
Zero Bid - the market's way of letting you know your stock is a loser.
Jim, thanks for the heads up.
SLJB on Friday
Sad that this one's become so very boring...
Please take the muzzle off Princess Bea!!!
jimmy, check this out. Leslie Hughes wants Altomare in jail.
Posted by: Stockdung
In reply to: None
Date:3/26/2008 4:11:50 PM
Post #of 14565
V. Conclusion – Incarceration of Altomare is the Only Viable Sanction.
----------------------------------------------
Doc 302 Extract – part 13
V. Conclusion – Incarceration of Altomare is the Only Viable Sanction.
The judgment unambiguously required Altomare to disgorge $1,419,025 in ill-gotten gains and pay $283,073 in prejudgment interest within ten days of entry of the judgment on March 8, 2007. Altomare did not make the payments as ordered. He has made four payments totaling $60,000 subsequent to the Court’s contempt hearing on October 12, 2007. Rather than acting diligently to disgorge his illicit profits, Altomare repeatedly flouted the judgment by using his available funds to purchase luxury goods. As discussed above, while disgorging only minimal funds, Altomare (1) has spent at least $690,492 to remodel and furnish a second home; (2) received at least $1,740,000 in compensation from Universal Express during 2007 for which he has not accounted; (3) gave his sons $134,200 during 2006 and 2007 which he has not attempted to recover; (4) obtained at least $160,466 from his credit line at Washington Mutual and $288,900 from his credit line at Wachovia which he did not use to pay the judgment; (5) sold at least $570,000 in jewelry for which he has not accounted; (6) provided incomplete bank records and no sworn accounting; (7) failed to identify all of his assets; and (8) lied to the Court. Altomare’s failure to provide credible evidence of the sources of over $1.5 million in deposits into the Wachovia bank account during 2007 and no information on over $1.6 million in distributions does not meet his burden of demonstrating an inability to disgorge his illicit profits in spite of repeated opportunities to do so.
Incarceration under a civil contempt order pending compliance with the Court’s order is within the Court’s authority and is a well-recognized method of coercing compliance with court orders. SEC v. Bremont, 2003 U.S. Dist. LEXIS 10279 at *20-21, citing Shillanti v. United States, 384 U.S. 364, 370-71 (1966) and United States v. Bayshore Assocs., Inc., 934 F.2d 1391, 1400 (6th Cir. 1991). In determining an appropriate sanction for civil contempt, a court must consider: (1) the character and magnitude of the harm threatened by the continued contumacy; (2) the probable effectiveness of any suggested sanction in bringing about compliance; and (3) the contemnor’s financial resources and the consequent seriousness of the burden of the sanction. Bremont at *21, citing Dole Fresh Fruit Co. v. United Banana Co., 821 F.2d 106, 110 (2d Cir. 1987).
Altomare should be incarcerated. His continuing refusal to satisfy the judgment undermines the deterrent effect of the Commission’s enforcement actions as well as the enforcement powers of the Court. No other sanction will coerce Altomare to comply. He has already violated the judgment by issuing over 20 billion shares of unregistered Universal Express stock, has paid only $60,000 toward satisfaction of the judgment while more than $3.8 million passed through his bank accounts, has failed to meet his burden of establishing his inability to pay, and has lied to the Court. There is every reason to expect that Altomare will defy further orders of the Court.
Ordering Altomare to pay a daily fine until he complies with the judgment would be futile because he has refused to pay despite the availability of funds and the continued accrual of post-judgment interest. There is no reason to believe that the imposition of fines would be any more likely to coerce his compliance with the judgment. Incarceration is appropriate and reasonable in these circumstances and has been ordered where defendants in securities fraud cases have failed to pay court ordered disgorgement. See SEC v. Kenton Capital, Ltd., 983 F. Supp. at 17-18; SEC v. Margolin, 1996 U.S. Dist. LEXIS 11299 at *13-15; SEC v. Porto, 748 F. Supp. 671, 672 (N.D. Ill. 1990).
For the reasons discussed above, the Commission respectfully requests that the Court incarcerate Altomare until he pays the disgorgement and prejudgment interest in full, or proves categorically and in detail that any payment is impossible.
Dated: March 21, 2008
Respectfully submitted,
s/ Leslie J. Hughes
Leslie J. Hughes
Attorneys for the Plaintiff
Securities and Exchange Commission
--------------------
03/21/2008 302 MEMORANDUM OF LAW in Support re: 191 MOTION for Sanctions and Entry of Contempt against Universal Express, Altomare and Gunderson. Summarizing evidence presented at February 4 2008 hearing that establishes Altomare's continuing contempt. Document filed by U.S. Securities and Exchange Commission.
I wonder if that bit of misinformation goes back to the one share of preferred stock that existed before Urbie took over the shell.
Correct me if I'm wrong, that was held by John Jarvis/Jarvis Entertainment Group? Amazing. They have stock certificates under their mattresses and still believe Urban is the sole shareholder of a revoked stock.
Yikes! The Alan in cbaughan's post turns out to be none other than All*n. He's back with his secret trusted sources that are ALWAYS dead wrong. There go the lemmings!
Spudey says that he believes that the Tyler boys will disappear soon (as planned from the beginning) and Urban will reappear with news on CMKX. Alan has heard from a separate source (One he trusts) similar things.
by boneafide
Listen up- Urban will appear this week!!!!!!!
http://www.zshare.net/audio/9505038e529c5c/
Five Star Faith: Is the Alan in the header, Alan Treffrey?
dck004: y five
judojack2006: Mona... was Alan in over the weekend?
trackeer1: yes, treffry actually was normal today, no bashing, didn't mention wodan at all
Mona Lisa Smiles: I hear that Willy is NOT DYING of Cancer FYI
Mona Lisa Smiles: not dying and not cancer
oscart6: Patriots..... several people think Tyler team is going away and UC will appear and provide info about CMKX.
oscart6: heard it from the horses mouth
http://cmkxdiamond.proboards66.com/index.cgi?board=general1&action=display&thread=1206454931
" Frankly, like Urban I was tempted to take the Fifth Amendment...."
Why would Maheu be tempted to take the Fifth ... in a civil proceeding? Taking the fifth in a civil trial is an extraordinary step
I wonder what Judge Murray and Ms. Hakala opinions would be on that subject? Judge Murray struggled a bit during Maheu's testimony over his salary, the fact that nothing was accomplished, and his ignorance of what was going on with the company overall.
Mr. Maheu went on to testify that he was being paid $40,000 per month as a board member.
"A month?" Judge Murray queried.
"A week," Mr. Maheu replied, then corrected himself. "A month. Month. I'm sorry. I'm -- I was trying to get a raise."
"You did," Judge Murray quipped. "You did."
Following that exchange, Mr. Stoecklein picked up his direct examination.
"You mentioned a moment ago of the reasons why you joined the board," Mr. Stoecklein said. "What has been accomplished, in your mind, in terms of compliance?"
"I think that we have put together a team that has complied with my request and I hope that the work product that we're producing now will be evidence that we have tried," Mr. Maheu replied.
Judge Murray had some questions regarding that testimony.
"Could I just ask, have you been in the courtroom and heard the testimony of some of the prior witnesses?" the judge asked.
"I have not, Your Honor," Mr. Maheu replied.
"Well, would it surprise you that -- and counsel correct me if I'm wrong -- that some of the prior witnesses have said in the period since you joined after February of 2005, that they requested data, books and records from the company and were not able to get them as of yesterday or today?" Judge Murray asked.
"I'm not familiar with that testimony," said Mr. Maheu.
"How can they have -- if I'm correct that they did so testify, and the record will say whether they did or they didn't, how can they have given that testimony if you're sitting here and telling me that since February your team has made all these great forward progress towards fulfilling the reporting requirements?" Judge Murray queried.
"To my knowledge, they have furnished the information that we have requested," Mr. Maheu said. "I'm not aware of the testimony to which you refer."
"Who's 'we have requested?'" asked Judge Murray.
"That I have requested," Mr. Maheu said. "It was my duty to request it and I have requested it."
As Judge Murray continued, Mr. Stoecklein attempted to intervene, suggesting, among other things that people do not generally go to a board member who had just joined the company a short time ago in order to obtain documents from several years ago.
"But he says he's been on the board since February and he's shaping the company up," Judge Murray said.
"That's correct," Mr. Stoecklein said.
"And, yet, the accountants have been looking for information since February and this is May and they haven't been getting the information and he doesn't know anything about it," Judge Murray said.
"Are you suggesting that Mr. Maheu would have that information from three years before he joined the company?" Mr. Stoecklein asked the judge.
"Well, he should know that the accountants were looking for it and haven't been able to get it," Judge Murray said.
"Am I correct that you were unaware that accountants have been asking for information since February, March, and April and haven't been able to get it from the company?" Judge Murray asked the witness.
"I was unaware -- I was not unaware that they were asking for the information," Mr. Maheu said. "But I was unaware that the information was not progressing."
Mr. Stoecklein said he had no further questions, but Judge Murray had some closing questions of her own.
"Okay," Judge Murray said to Mr. Maheu. "I want you to understand that sometimes I have to be blunt. Okay?
"Could you explain to me why I might think that they hired you and paid you $480,000 to give some color of legitimacy to this operation? In other words, you evidently have an esteemed reputation.
"So did that thought ever cross your mind, that this company brought you in just to make it look like there was some legitimacy to it and paid you this amount of money?"
"First of all, Your Honor, I've only been paid, so far, $80,000," Mr. Maheu began, receiving an acknowledgement from the judge. "And I would like to believe that, yes, that my background -- and I repeat.
"I can stand any, any full background investigation that any entity can do based on I already have.
"And I think that having spent a lifetime trying to be in that position -- and I do have a great record in business -- that, yes, I would like to believe that they would have hired me for my past experience."
"Has it ever crossed your mind that you're being used?" Judge Murray asked.
"I don't think so, Your Honor," Mr. Maheu said. "No."
With that, Mr. Maheu was excused.
He's written three unpublished (and obviously unpublishable)books of obscene length. I believe you can buy them online, in giant binders.
No, thank you. Read one of his lengthy rants and you have the gist of it. His point is moot though, because he has defended the worst scams out there, imo.
Mona/cbaughan looking for a cover story. What happen to the Easter Bunny? LOL
By: cbaughan
24 Mar 2008, 04:02 PM EDT
Msg. 691083 of 692144
Jump to msg. #
Recap of Spudey and Alan: (revision)
Spudey says that he believes that the Tyler boys will disappear soon (as planned from the beginning) and Urban will reappear with news on CMKX. .Alan has heard from a separate source (One he trusts) similar things. Spudey has also heard like I have that there is one share of cmkx and UC has it. All this cannot occur until the market clean up for CMKX is complete. After we receive our payment...we will reverse merge into CIM and we will be given rights to buy CIM based on the number of shares of CMKX we held (CMKX shares will go away after payment). CIM will be the new vehicle.
Mona Lisa Smiles
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=691083+&submit=Go&endat=692144&numposts=60
1.5 tillian shares. roflmao
I'm waiting for the CMKX form letter to be written and sent in a few dozen times. Tramp wrote the last one. Who will be the next rebel without a clue?
The Chairman will be thrilled to find himself referred to as "Mr Cocks".
They probably expect it by now. I'm beginning to believe they enjoy reading these SEC comments. Here's one from the dentist of very few words. LOL
http://www.sec.gov/comments/s7-08-08/s70808-6.htm
Consultants to Victim Corporations
Besides, like every other public utterance by Maheu, what he said is very self serving.
If true, all this time the bashers claimed he was sent in to bail "someone" out. Does it matter to the shareholders who, or why?
The damage is now done.
harold gewerter is tied into all of this mess and "bob" bailed out whoever he was sent in to bail out.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27921275
The "R" rated one had to have been written by one of abad's fellow loonies.
Sad how SEC comments are comparable to reading the message boards. Even WODAN11 chimes in with a comment. LOL
http://www.sec.gov/comments/s7-08-08/s70808-83.htm
even that pos will ain't that dumb
No questioning Willy's level of stupidity. In his SEC violation the Judge stated Willy would most likely be a repeat offender. That was well before the CMKX saga ever happened. Willy admitted last year he was subpoena and deposed by the SEC. He may or may not be charged with a complaint this time around but, his ties to some of these scams may be revealed. The guy just can't resist being part of the action, no matter how many warnings he may receive.
Holy ####, Someone going to get a knock at the door, WoW.
That one was pretty brutal!
Is someone playing a joke at Willy's expense?
Posted by: m_stone_14
In reply to: None
Date:3/25/2008 7:14:57 PM
Post #of 72591
YOUR URGENT REPLY NEEDED
Greetings,
My name is WillyWizard, I am the chairman of the contract award committee,Federal Airport Authority of Nigeria.{FAAN} I am in search of a new heard to assist in the transfer of ($25,500.000.00)TWENTY FIVE MILLION,FIVE HUNDRED THOUSAND UNITED STATES DOLLARS.And subsequent investment in properties in your country.
You will be required to Assist us. (1) Assist in the transfer of the said sum into your account (2) Advise on lucrative areas for investment (3) Assist us in purchase of properties.
If you decide to render your service to us in this regard, 35% of the total sum will be offerred to you. 10% will be set aside for any expences encountered during the transfer.
Please try and send your bank details where the fund will be transfered and also your contact phone and fax numbers. Pls, quickly get back to me for more information.
Yours Faithfully,
WillyWizard
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27915945
After accepting a salary of $40,000 per month for his involvement, Maheu brought in Donald Stoecklein to oversee the job.
The same Donald Stoecklein who employed Debbie Amigone? The woman who in April 05 wrote an email that a CMKX shareholder discovered that the new CMKX address was in reality a hot rod shop. She went on to advise:
You might want to call Urban [Casavant] or Michael and have them 'move in' and talk to the owner of the hot rod shop and also tell Andy what to tell shareholders when they call." (Div. Ex. 55.)
Did Mark Faulk inquire about this attempted deception when he interviewed Maheu? Did he inquire about what Maheu did on a daily basis, or if he actually did much work at all that earned him $40,000 a month? If he DID any work, you would think Maheu the super sleuth would have figured out somewhere along the way that this was not a legitimate business. Did Mark ask Maheu in depth questions, or did Mark just listen to Maheu's regurgitated stories of past glory?
Maheu said “I took this one (CMKX) on with the same enthusiasm, I should’ve checked it out a hell of a lot more carefully before I did.”
the chicken farmer lives !!!!
"witch Investor"? Is Chicken Farmer djzzzz? lol The anonymous comments are the most hilarious ones. The link below is R rated.
http://www.sec.gov/comments/s7-08-08/s70808-53.htm
http://www.sec.gov/comments/s7-08-08/s70808-108.htm
Subject: File No. S7-08-08
From: Chicken Farmer Golden Egg
March 24, 2008
Being the day after Easter, I begun to wonder. What Church you Folks attend ? Or do you Gods have your own Church ? (St. Electronic Crime).
So may i ask, Whats it like having the power to take down a Mom Pops business ? Whats it like to see over witch Investor makes some money and which one dosen't ? Whats it like to steal the dream away from someone ? What is it like to betray the people that pay you to protect them ?
Just think if you Gods used your Power to protect people.
How many people would still have there house ?
How many people would live the American dream ?
How many more (you can add to the list).
If you take the time to read this, I want you to remember there is a higher God then you. And when time comes to meet your Maker. There will be someone at the gate.
And he just may be a Chicken Farmer.
p.s. Bring an air conditioner.
I like the "mental anguish" part...
There are holes all throughout his/her argruement. He/she claims he/she saw segments of the book that were not to his liking. He/she claims he did not want his money back, and is suffering mental anguish. Is the mental anguish from the wait, or is it from being dissatisfied by a preview of the product? He/she also claims that other " known characters" are currently in possession of the book.
Duh? The book is the property of the author and the publishing company. Publishing companies send out advances copies of books routinely. Is that cause for the "mental anguish"?
This is too funny. Another hilarious lawsuit!
tec1958
justice
Administrator
Mark Faulk I want my dam Book
« Thread Started on Mar 17, 2008, 3:12pm »
I preorded a hardback copy over a year ago. Tidbits have leaked out on the internet, and I must say that crap wont sell. You send me a copy within 2 weeks or you will be sued in small claims court.
And that is a fact Jack.
You have sent copies to some known characters, so send me mine now
You have stated delay after delay after delay, Remember I live In oklahoma and can file very easily, for Purchase price, mental anguish, and breach of contract.
I do not want my money back I either want the book in 2 weeks of I shall file.
If you need to know who I am post your email on this thread and I will e-mail you the details for mailing instructiouns.
not to mention you already said write and ask for money back and it will be done, not to mention filing a small claim for $20 bucks might get you locked up for annoying the court, not to mention mental anguish might not be the book's fault but demented dreams of being a billionaire for a hundred bucks
go for the default approach Mark
it works for Edwards so far
http://cmkxdiamond.proboards66.com/index.cgi?board=general1&action=display&thread=1205954115
The TA would contact the broker and advise them that they were unregistered shares and not eligible for transfer. The broker would then tell the person holding the shares that they couldn't accept them.
i.e. = wallpaper and bird cage liner.
Urban mugged them! He didn't have to hold a gun to their heads or wear a mask. He robbed them the old, safe white collar way.
He needs to be punished just the same.
Can you see Ron Casavant overtaking CITI in his Santa Suit
No. But, I can see him overtaking the reins of a sleigh.
"Come Melvin, come tramp, come topo, come Andy, come sterling, come Delidog, come acca......... Ho Ho Ho"
Holy smokes! That Judge nailed her! She better hope the folks down in Southampton don't call her in for a tax review. There was some hearsay about her once being a high priced call girl.
The Judge added: "Her tax returns for 1999 and 2000 do not support the wife’s case of very significant earnings as set out in her affidavit.
"But the tax returns do not disclose any bank interest earned or only very small sums which are not consistent with holding £2m- £3m in a bank or banks. Moreover her tax returns disclose no charitable giving at all."
wonder how the lil woolies will spin this..
Something like this?
INES "It's part of the plam. I'll explain it right after you help pay for next months PalTalk 500 room fees".
You know the economy is bad when Bear goes under after stealing our 200 trillion dollars.
ROTFL
You witty little rascal! Trying to confuse the sheep again, eh?
Shes Back" !!!
LOL Second largest oil sands in the world? Royalties? She really cracks me up!
These folks are not serious investors or victims of penny stock scams. They're people with an expensive hobby of collecting worthless stock certificates. The more they're told the shares are worthless securities, the more desirable the cert.
By: newtopennies
19 Mar 2008, 01:45 PM EDT
Msg. 687191 of 687412
Jump to msg. #
REQUESTED a certificate for CIM...Gal on phone said "lots of people have claimed this as a worthless security, so we are surprised you are pulling your certificate. But it is your decision." Yes it is, and keep me informed as to the process, OK? Thank you. eom.
- - - - -
View Replies »
By: leowanta
19 Mar 2008, 01:49 PM EDT
Msg. 687193 of 687417
(This msg. is a reply to 687191 by newtopennies.)
Jump to msg. #
worthless? my cmkx cert was mail first class mail from TDAmeritrade...no big deal...
i got my CIM Cert about 3 weeks after i requested it....
TDAmeritrade mailed it CERTIFIED MAIL RETURN RECEIPT REQUESTED...
it was around 14,000 number..... royalties are paid to all at the same amount no matter the shares....14,000 is a very small pool for our oil sands, (could be 2nd largest in the world) wouldn't you agree?
leowanta
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View Replies »
NOTICE OF HEARING
Citation: CMKM Diamonds, Inc., 2008 ABASC 132 Date: 20080310
Docket: E03791
By: nufced
19 Mar 2008, 02:07 PM EDT
Msg. 687200 of 687372
(This msg. is a reply to 687196 by Investorman.)
Jump to msg. #
Thanks Investorman...#2775414 v2 ALBERTA SECURITIES COMMISSION
NOTICE OF HEARING
Citation: CMKM Diamonds, Inc., 2008 ABASC 132 Date: 20080310
Docket: E03791
Securities Act, R.S.A. 2000, c. S-4 (Act)
To: CMKM Diamonds, Inc. (CMKM)
Notice: The Alberta Securities Commission (Commission) will convene at 9:00 a.m. on Wednesday, the 9th day of April, 2008, for a hearing in Calgary, Alberta, regarding the allegations in this Notice. At the hearing, the Commission will consider whether, pursuant to section 198(1.1) of the Act, it is in the public interest to order: (i) Under section 198(1)(a) of the Act, that all trading in or purchasing cease in respect of the securities of CMKM until otherwise ordered by the Commission; (ii) Under section 198(1)(c) of the Act, that any or all of the exemptions contained in the Alberta securities laws do not apply to you until otherwise ordered by the Commission; and (iii) Such other order as may be appropriate under sections 198, 199 and 202 of the Act.
Location: Alberta Securities Commission, 6th Floor, 300 – 5th Avenue S.W., Calgary, Alberta.
Procedure: 1. You may obtain disclosure and particulars of the allegations in this Notice from Deanna H. Steblyk, Litigation Counsel, c/o Alberta Securities Commission, 4th Floor, 300 - 5 Avenue SW, Calgary, Alberta, T2P 3C4,
telephone 403.297.4417.
2. You may be represented by legal counsel and you or your counsel may make representations and introduce relevant evidence at the hearing.
3. If you or your counsel fail to attend on Wednesday, the 9th day of April, 2008, or as directed, the hearing may proceed in your absence and an order may be made against you without further notice.
See also section 29 of the Act.
- 1 -
Allegations
Summary of Breaches
1. Staff of the Commission (Staff) alleges that it is in the public interest for the Commission to issue an order in Alberta against CMKM, based on orders issued by the Saskatchewan Financial Services Commission, Securities Division (SFSC),
and the Manitoba Securities Commission (MSC).
Parties
2. CMKM is a corporation which was incorporated in the state of Nevada, U.S.A. on April 18, 2002. It converted to a Texas corporation with the same name effective
April 30, 2007. Its current head office is in Tyler, Texas, and it maintains a website at http://www.cmkmdiamondsinc.com.
3. CMKM:
3.1 has never been registered to trade securities in Alberta;
3.2 has never been a reporting issuer in Alberta; and
3.3 has never filed with the Commission, and the Commission has never issued a receipt for, a preliminary prospectus or prospectus with respect to the securities of CMKM.
Circumstances
The Saskatchewan Orders
(i) The Temporary Order
4. On October 26, 2004, the Director of the SFSC determined that it was in the public interest to issue a Temporary Order (Temporary Order) against CMKM, among others, pursuant to s. 134 of The Securities Act, 1988 (SK Act). The Temporary Order provides, inter alia, that:
(a) Pursuant to clause 134(1)(d) of the SK Act that trading in all securities by and of CMKM, among others, cease forthwith up to and including November 9, 2004;
(b) Pursuant to clause 134(1)(a) of the SK Act, that the exemptions contained in sections 38, 39, 39.1, 81, 82 and 102 of the SK Act and the exemptions contained in The Securities Regulations, R.R.S., c. S-42.2 Reg. 1, which provide for
exemptions from the requirements of sections 27, 58, 71 or 104 to 109 of the SK Act, shall not apply forthwith up to and including November 9, 2004, with respect to any trade in securities by CMKM, among others.
- 2 -
5. According to the Temporary Order, the Director of the SFSC had been advised by SFSC Staff that CMKM, among others, had contravened Saskatchewan securities laws by trading in the securities of CMKM in Saskatchewan despite the fact that they were not registered to do so under the SK Act, no receipt had been issued under the SK Act with respect to those securities, and the SFSC had not issued an order under the SK Act exempting them and the securities of CMKM from the registration and prospectus requirements of the SK Act.
6. Further, according to the Temporary Order, the Director of the SFSC had been advised by SFSC Staff that the respondents named with CMKM in the Temporary Order had contravened Saskatchewan securities laws by, with the intention of
effecting trades in the securities of CMKM and another company, making statements which they knew or ought reasonably to have known were misrepresentations, contrary to the SK Act.
7. The Temporary Order indicates that the Temporary Order could be extended for such period as the Director of the SFSC considered necessary if sufficient information was not provided to the Director on or before November 9, 2004, and that the SFSC would grant a hearing with respect to the matters described in the Temporary Order at the request of any of the persons or companies named in the Temporary Order.
8. The Temporary Order was served on CMKM via facsimile on October 26, 2004.
(ii) The Extending Order
9. On November 9, 2004, because the SFSC had not received a request for a hearing pursuant to the terms of the Temporary Order and had not been provided with satisfactory information with respect to the matters set out in the Temporary Order, the SFSC determined that it was in the public interest to issue an Extending Order (Extending Order) against CMKM, among others. The Extending Order extended the Temporary Order until such time as the SFSC is provided with satisfactory information to enable it to make a further order in the matter.
10. The Extending Order was served on CMKM via facsimile on November 9, 2004.
11. As of the date of this Notice of Hearing, the Temporary Order and Extending Order remain in effect and none of the Respondents named in the Temporary Order and Extending Order have requested a hearing.
The Manitoba Order
12. On August 17, 2007, the MSC issued a Notice of Hearing naming CMKM based
on the SFSC’s Extending Order.
- 3 -
13. On October 31, 2007, the MSC determined that it was in the public interest to issue an Order (MSC Order) based on the Extending Order. CMKM consented to the issuance of an order by the MSC, and waived its right to a full hearing.
14. The MSC Order provides that:
(a) Pursuant to section 148 of the Manitoba Securities Act (MB Act), all trading in the securities of CMKM shall cease forthwith until otherwise ordered by the MSC;
(b) Pursuant to subsection 19(5) of the MB Act, the exemptions provided by subsections 19(1) and 19(2) of the MB Act do not apply to CMKM for an indefinite period until otherwise ordered by the MSC.
15. As of the date of this Notice of Hearing, the MSC Order remains in effect, has not been appealed, and the appeal period has expired.
Nexus with Alberta
16. The MSC obtained a copy of CMKM’s shareholder list for the period ending December 31, 2004 (CMKM Shareholder List) from the U.S. Securities and Exchange Commission. Included in the CMKM Shareholder List are numerous Alberta investors.
Relief Sought
17. As a result of the Saskatchewan and Manitoba Orders and CMKM’s sale of securities to Alberta residents despite the fact that CMKM has never been registered to trade securities in Alberta, has never been a reporting issuer in Alberta and has never filed with the Commission, and the Commission has never
issued a receipt for, a preliminary prospectus or prospectus with respect to the securities of CMKM, Staff contends that it is in the public interest for the Commission to make a reciprocal order in Alberta against CMKM under subsections 198(1)(a) and (c) of the Act, pursuant to section 198(1.1) of the Act.
Calgary, Alberta, March 10th , 2008.
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ALBERTA SECURITIES COMMISSION
“original signed by”
John P. Petch, Q.C.
Director, Enforcement