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You can listen to the webinar here.
copy and paste or go to the website below:
www.freeconferencecall.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0000.freeconferencecall.com%2Fstorage%2FsgetFCC2%2FalLix%2FaLbTH&subscriptionId=7963456
http://tfant53.proboards.com/thread/11470/february-28th-webinar-recording
February 28, 2017 RE: NHHI Webinar #64 Scheduled (Dual Formats), NHE Post
To All CMKM/NHHI Shareholders:
I have scheduled Webinar #64 for Tuesday night, February 28, 2017 at 8 PM CST. I am going to host the meeting this month using two formats, one the traditional Paltalk room, and the other a call-in format that will allow the meeting to be recorded. Here are instructions for using the Paltalk room designed for NHHI:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
To use the call-in format, please do the following:
Dial 712-770-4137
Enter Access Code: 454410
I plan to record the meeting, and will provide a playback number for shareholders who cannot attend to enable them to listen to the recorded meeting. I will cover the latest news and updates on both NHHI and NHE, and answer your questions as always. I hope many of you will attend.
NHE, LLC Update
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website (www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless!
Steve Kirkpatrick
Webinar Notes #63 January 31, 2017
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Webinar Notes #63 January 31, 2017 Feb 1, 2017 at 7:44pm granny2shoes likes this
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Post by 4profit on Feb 1, 2017 at 7:44pm
NHHI
SK started with 21 people in the room, didn't know if piped into other rooms. NHE meeting tonight lasted 35 minutes. Had emergency crisis late afternoon, chaos. NHHI Meeting will be brief. Shocking something creating trauma, unfortunately due to his indirect or direct NHHI involvement, all these years, not providing for family like they're used to. Moved on into opening prayer.
We are still in litigation at that point in history, it's repetitive, not a lot of good news on a daily basis. Trial moved to May 23rd and hopes there is a trial. Doesn't guarantee it bexcuse it's not his department. Edwards found competent, court said he will be given special accommodations, whatever that means. He hopes his speakers are working group, his old laptop died and getting this one up to speed, he just got a cheap one.
Collections-Legal team indeed have been active, working on numerous collections. Very frustrating in that regard. Hired collections over a year ago, difficult and frustrating. It will produce fruit over time. More time and expense than SK would have ever expected. He hired a judgment lawyer expert. Had 6 attorneys. Frizzell on reduced contingency fee. When there was 6 lawyers, you have yourself an interesting thing. #1, No one has ever seen a deal like this. #2 a lot of mud attached to these assets that needs to be cleaned off. As a layman trying to orchestrate, in reality, they're throwing motions at the wall to see what will stick.
Issues involved before they can sell properties. Clean title precess is tedious. One of the most frustrating things SK has ever been through in any fashion. 1 step forward, 2 back. Is how it seems to be working from the beginning. Making progress, sledding out there, far from easy and wouldn't suggest as it's nothing anyone wants tackle.
Just fired group of lawyers, hired 2 more, because they want ty of be paid for every second. He says he bets if you look at Law firm hours working group 40 hours and billing clients 500. Beyond belief. If they scatch their nose and think about CMKM, they want to bill you. Any company in litigation like this, if you'really surviving on litigation, it's not the place to be.
Oil through NHE is small potatoes, compared to rest of the world, at least it's something. Litigation will continue and will continue ue to fight. He wouldn'the wish this in anyone. Shareholders deserve better - to get their money back, some way, so either how.
50,400 shareholders in this stock with only 25 people in the webinar, there should be better attendance. Waiting for a pay check from Al Hodges, vast majority don't care what's going on expecting a big pay check from Al Hodges. That's NOT going to happen...the impossible dream. Shareholders lost their investment to an Enterprise, they stole our money. When that happens it's such an ugly process to get money back. He doesn't want to go on and on but no money is coming through Al.
SK is switching to a non paltalk format., when he has time. He will be able to show shareholders spread sheets, files, while listening and be able to report order each webinar. He should be comfortable with the format and using by March.
NHE going along great pretty well. Slow to get cheap wels up and running. Looks to be profitable and re-invest. Going along fine. See NHE webinar for further info.
Steve after a question gave breakdown about what's paid out and what filters into the Company?
He said it's hard to give an absolute but Bill Frizzell as contingency could collect 33 1/3 % plus expenses. It's been cut to 20%. Out of net, recovery collections gets, 25%. After deducting other legal costs for any recovery converted to cash.
Some deals very difficult to get done quickly. Some are not in names of judgment debtor,converted, have to wade tbrough confusion because that's the way they set it up. Peel back the layers and project end judgment debtor did it. Need lawyers in those cities/States licensed to practice where those assets are. Texas enforcement group and Frizzell are set fees. To get anything done, extend anything, they need SK's approval.
Are there any recoveries to put us 8n a good place. Yes. Theyou stole over $200 million, there are assets we haven't found yet, assets we haven't gotten to yet. They took so much money they couldn'the spend it quiv kly. Some comments he made he made in last month's webinar. Working all the angles and working to find more.
Properties costing several hundred thousand will leave chunk of change each for the company on each one. SK looked at some cheap properties found in Texas, Realtor said X number of dollars a piece. True if market beaded out. Boomers spent money but due shift in age now, buying power makes a dent as those once hot properties are now stagnant. No one paid property taxes for years, big tax bills. Debt to properties and hope you can sell. Going to lose money after lawyers. Near community, not growing, no real demand. Casino being built there 15 miles away but not generating any boom. They were supposed to have some property sale there, SK went just to check out prices, but the sale didn'the happen.
Steve spent the day in town speaking to of everyone he could and Steve decided, he needs to stay clear from those properties.
Steve still has contracts for the sales of the other properties being litigated, can't sell until the titles are clean. Shareholders are the biggest victims of what they did. He says he and Frizzell get shocked every week about something that comes up regarding assets.
(Crooks) They will lose in the end, it's like a slog. Nothing easy about building a company from the ashes of a $200 million dollar fraud. They did it this in anticipation the company would come after them. In May might see some people I jail a long time. In some respects, it's a tragedy for those trying to build something out of it.
Steve also said if anything big happens in NHE or NHHI, he will put it on the website.
Read more: http://tfant53.proboards.com/thread/11415/webinar-notes-63-january-2017?page=1#ixzz4XebcRweH
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Webinar Notes #63 January 31, 2017 Feb 1, 2017 at 5:02pm tfant53 and granny2shoes like this
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Post by 4profit on Feb 1, 2017 at 5:02pm
Again I know nothing about oil so apologize if some words aren't correct it's what I heard and doing this on a tablet..
NHE
Began saying this will be brief, had some emergency of significance late, has some things in turmoil. Then into opening prayer,
NHE is rocking along well. Slow process getting leases producing. Actually sold some oil and selling some more. Starting to see revenue coming in.
For those who might not be up to speed, 3 wells in Eastland not producing. Sent assignment data to Friends who put the deal together, it has to be filed in court. However, even though these are good people, they have struggled too long with financial.
Hope to get investment back plus 2 producing wells, sell leases. Probably will need new feedback from pumper, geologist. Going to spend some money to get production up for more money in sale. Has $15,000 in, ready to spend $4,500 more. Have to haul salt water, one of 2 things he doesn't like. There isn't a salt water deposable well, so have to haul load of oil or more a month. 25% before water out. 5% oil - rest salt water. That's not bad, lots of wells produce salt water and pump hundreds if not thousands of gallons of water to get a few barrels. Separate oil from water, it gets separated by a disposable well, probably can get a lot more back.
Asking is about $50,000 a barrel, if NHE can get up to 5 or 6 barrels instead of 2 1/2, spending $4,500 is a good investment. Ramp them up and sell tnem.
There are potential buyers, we control it. Increase ownership stake with $4,50P more. Currently 33 1/3 %. Negotiated ownership go to 50%. Good deal either sell or operate for little less than $20,000. Solid production. $50,000 a barrel a day,
Sound cut out but I think he said Harris..leases,10 producing wells, have not picked up production yet.wells chemical treatment, built pump, pump worked great but then only ran 1 -2 hours, ran out of fluid, dutchers (?) out of oil. Treatment did not open casing. Need to open up, do more work, Baylor 3 wells., invest a little more to get up to 20 barrels a day. Drill and get 20 more barrels a day, getting products ton up to 40 barrels a day. Looking at possible $1 million with 20 barrels a day, $2 million with 40 barrels a day.
He said they wired out the money today,NHE bought their Japanese partner out. He got into a deal SK didn't think was good for NHE. $750,000 for 2 wells, not really producing. 5 year pay back if everything goes well. NHE has to start small and can't accept 5 year pay back.
NHE has 30%, another partner 30%, Oklahoma 10%. He (?) put the deal together, stake will go up, 150% of the money back. NHE $50,000 and other partner in these wells.
NHE owns 45% of those leases,, other partner put up 15%. If we can estimate, $22,000, to invest additionally will produce at least 20 barrels a day, expecting 20 more by drilling another well looking roughly $2 million valuation. Having spent $122,000. Is he counting on $ 2 mill? No he isn't, won't know until they drill. Shallow wells drill in blanket formations, there are better places to drill than others. Evaluations pictures optimums. Working with geologist who knows, runs the equipment and says this is the best place. Can get your money back rather quickly if you drill right.
In Texas much better long term deals and again, can ride herd on nice prospects. If necessary in a deal, investors can fly into Houston and can be shown wells, first hand view. That'said the plan, not ready to sell. In good shape looks like. Eastern County wells not brought on line (?) Something(?) to get investor's money back.
He's not going to count chickems. Focused on getting original investment back. Get to the point of selling, on conference lines see if investors want to stay in, get some money back, will be discussing those options. Stay is great, take. A little out is great, SK needs feedback from investors. Most companies don't work that way. But SK thinks it's the best thing to do. Essentially where we are. Anyone needing to communicate can email him.
Family member investor, one of his children, engaged, moving to Texas when he marries. Wants to work with the ole' man in oil. He's a major asset, has some money, his son is NOT a CMKM shareholder
Will be right in there with us.
Oil hit stable point, low $40's $50's, drilling ramping up. NHE Can do well with small deals. Hundreds of drilled wells sitting there for sale front bigger companies when oil dropped.
Read more: http://tfant53.proboards.com/thread/11415/webinar-notes-63-january-2017?page=1#ixzz4XebnrA10
Looking forward to the day we can put this court stuff behind us...eom
Can you post your facts please? Looking forward to reading them.
CMKM/NHHI Webinar #61, NHE Post
To All CMKM/NHHI Shareholders:
Happy Thanksgiving! I hope each of you has a wonderful Thanksgiving holiday with your families and friends. In spite of the long and difficult journey that has been endured by CMKM/NHHI shareholders, we can all find many things to be thankful for, and the simple fact that this company is still alive and moving slowly but surely ahead is worthy of thanks.
As you enjoy great food, fellowship with family/friends, shopping, football, or maybe simply some rest and relaxation, take time to thank our Heavenly Father for His goodness, mercy, love and blessings – and most of all for the free gift of Salvation through the shed blood of our Lord Jesus Christ.
Webinar #61 Scheduled for November 29, 2016
I have scheduled CMKM/NHHI Webinar #61 for Tuesday night, November 29, 2016 at 8 PM CST using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
cmkmdiamondsinc.com/
Read more: http://tfant53.proboards.com/thread/11310/thanksgiving-greetings-cmkm-nhhi-webinar?page=1#ixzz4Qt6uZKWa
http://www.cmkmdiamondsinc.com/
Message from the CEO/President
Please monitor this website for updates, breaking news, and links to monthly Webinars and recordings. Updates and links are posted below in the Message Center area, and are in chronological order. If you have questions or comments please e-mail me at stevek@cmkmdiamondsinc.com.
Thank you and God bless you all.
Steve Kirkpatrick
CMKM/NHHI Webinar #60 Notes -10-30-16 Oct 31, 2016
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CMKM/NHHI Webinar #60 Notes -10-30-16 Oct 31, 2016 at 2:57am alterego and 4profit like this
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Post by queenovic on Oct 31, 2016 at 2:57am
CMKM/NHHI Webinar #60 Notes, FWIW
8PM …Just tuned in and he still talking about NHE.
My comments will be in [brackets] the balance is his comments although not direct quotes unless noted in “quotation.” Sorry in advance for any spelling or grammatical errors.
Focus has shifted from taking on additional wells to just focusing on the existing 11 wells.
If he can get these 11 pumping half of their expectations (20 barrels a day)…there’s a good chance to sell them if they produce 10 barrels a day for $250-350,000. He may do that in order to get 5X their money back.
The other option is to drill more wells—at 1200 foot—for about $25K, per. They’re drilling with a water-well drill. Might get 20 barrels a day out of a new well for while then eventually it would work its way down to a couple barrels a day.
They turned down the option on the 64 wells he spoke about previously. The deal wasn’t anywhere near what he thought.
He has additional US investors sitting in the wings and a meeting with some guys from Norway and some folks from Mexico and Israel—with an unlimited amount of money to invest—but want to start with $200K-$1Mil. There are quite a number of foreign investors looking for something over here.
Summarizing NHE:
• Not fully invested—still holding some money in their account.
• Will probably spend the money on a final work on 11 wells to get them working.
• Selling a small deal in OK.
• Wants to get all 11 wells they have working as best they can.
• Prices in the market have gone up slightly…to about the $50 barrels mark. If he gets to 10 barrels a day then they’d be worth $250K and on the original $50K investment it would be a good return.
• He has “so many deals” coming at him—he’s in no hurry.
• Hopes to have all 11 wells totally functioning by the end of next month.
CMKM/NHHI UPDATE 8:21 PM
Nov 18 marks five years of SK in charge of CMKM.
Litigation Update: the criminal trial is still set for Nov 15, but he’s not hearing much about it…so he doesn’t think it will happen, but he’s not hearing about it.
The sense that he has from people that do talk to the DOJ is that they’re not prepared for a trial and expecting another delay. Edwards is finished with his 45-day medical exam…and he was shipped to a facility in NC or OK for evaluation. SK believes he completed that but has no confirmation of such. Has no idea what the results were. He had an email that Edwards left OK…but then he had heard he went to NC. So he should be through with the evaluation.
[SK asks…if anyone on the webinar knows what the results are or what it means, let us know during the Q&A portion.]
He also thinks its possible they could hold the trial but that Edwards could ask for more time due to the exam timing…or this could all plead out. Edwards, SK says, that Edwards is the last one he would expect to plea out…Edwards feels the USA owes him an apology and he is innocent.
SK “doesn’t know where any of this stands right now.”
[read that again]
[Now he’s telling us about Turino’s plea…repeating what we all have read from the DOJ regarding the plaintiffs thus far.]
He’s getting a text now that someone “in the know” says that the DOJ has not seen the evaluation and therefore is expecting a delay. They will notify through the normal system.
The only other litigation ongoing are the recovery suits filed and the company is in court all over the place now. Some success—they’ve gotten one deed and they are cleaning up the title and they have a full price offer on the deal. Can’t close until title is cleaned up. Granted some ownership in another entity…but the court ended up giving the entity to the company. Needs to clean up the title there too before the titles can be insured and transferred. Then those go on the market. Another they’re expecting to get a deed on soon and yet another being foreclosed on and the owner of the property has challenged CMKM in court over it.
SK says this “recovery stuff is a hard fight”…some will eventually be easier, but the first group they’ve taken on have not been easy at all.
Edwards was a pretty smart guy. (again SK says…”John if you’re listening tonight, you’re pretty slick.”) Is he capable to fake dementia? Yeah, SK thinks he can and would be capable to faking a seizure. He hopes Edwards has to stand trial and if he cuts a plea deal SK hopes he stays in jail a long time.
Every day that goes by shows the defendants were definitely crooked people out to take “your money” and they “definitely took your money.” Some of their cohorts and accomplices that didn’t get indicted are also crooks.
He says every time they run into a problem…they get a deed in…then they have to go back to court to clean up the title. Consequently they spend more money and then make less when its sold.
He mentioned his expectations with the WF suit…only to get booted out of court, then to find out the company didn’t have a case…then only to get a small settlement.
Company is still waiting for capital to work with from their collections on properties…but the net-net after all the costs/expenses hasn’t been that much and no recovery has been easy. They’re making progress but its difficult. It is a slow painful process to get enough money for the company to move ahead but he is confident it will happen.
[8:52 SK went offline (previously stated he was having computer issues)]
[8:57 he’s back.]
[He’s repeating everything he just said.]
“There’s a possibility there may never be a trial folks. The criminal trial does nothing for the company other than brings some closure. The issue with restitution and the likelihood of these people paying a red nickel is slim to none.”
Let’s be realistic—who has assets out of this crowd? Edwards, Urban, Turino. Does he know of some of the assets—possibly but he’s not going to discuss that.
We have lawyers working everyday to recover assets but we’re at a point where we need to see some money coming back in. Until we turn the corner and see some more assets coming back in, the attorneys won’t continue to pour money into recovering assets until they get something first. They’ve been working for a year abut haven’t made any money yet.
In a lot of cases these assets are encumbered with taxes. If their real properties the judgment debtors never paid the taxes. So we’ve recovered some but we’ve had to pay taxes to keep it from being auctioned off underneath us because the taxes are due. It costs a lot to get the title cleaned up. It’s just a deal that takes time, patience and endurance.
The goal is to being in enough cash to purchase some oil wells. We need NHHI to pay for its own oil wells and not rely totally on NHE. They will have to buy properties that are not pristine, they’re cheap, but its where the company will have to start.
When he brings in other investors, like these guys coming from Norway, he needs to realize that we’re dealing with limited budgets and move cautiously. The potential is there in the oil business, but it’s a big money deal. Most deal with millions of dollars and we have to deal with hundreds of thousands of dollars to get a small piece. We need to bide our time and move slowly.
[He is waxing poetic about how long this company has been around and that no other company has lasted this long.]
“It must be a God thing. One day at a time, one step at a time…as slow as it is”
What’s amazing to him is that he’s still dealing with Transfer Online, signing indemnities every week, as people are trying to keep their misplaced certs valid, or splitting with others. He’s amazed at the activity this late in the game. Maybe some believe there is some Trust out there and that’s just not the case.
Frizzell sent him an email Frizz got from Global Intelligence…who doesn’t even work there, he is one of the founders. He said people are calling them asking about an alleged trust and they’re forwarding Frizzell these comments. These are people who are hopeful there is a Trust out there. Frizz asked him—is this some of the Al Hodges stuff. SK said he would deal with it…Frizz is completely out of the loop—he doesn’t deal with shareholders any more—he can’t afford it.
SK called Global Intelligence and explained who he was and explained all about Peter Maheu and all this crazy talk about a Trust. He called the shareholder back—but he’s not calling Acca—although SK says Acca can call him. Apparently Acca is the one saying all this stuff about a Trust. There is no big payment coming.
The only thing left that SK says that offers help in recovering some money from is this company NHHI. Now that we have the collections company working for us—as long as we can get them some money back to them—they’ll continue working for us. Six lawyers working for us on a daily basis and a collection agency.
It’s a very tedious process dealing with all these attorneys. But as NHE produces some income and NHHI gets invested in the oil wells it should start to grow. At some time the judgments will run out and the company will have to make money on its own. We’ll get there, God willing, if we live long enough.
Goal is to grow income stream from the oil well. Hopes to have a strong enough financial basis to take the company back to trading at some point in the future.
He would like to find a better way to inform shareholders but “at this time it really doesn’t matter if you’re informed or not.” “Whether you know what’s going on doesn’t change what the company is doing based on its limited capital.”
Q&A
Is the DOJ working in concert with the SEC on this case or is that something completely different? Does the DOJ consider our case small—compared to others?
It’s a big case and a complex case and its going to cost a lot to try it. Our case is sold old there’s not much the SEC can do about it. What they should have done is closed the company down during the height of the shares selling. There was plenty of smoke for a number of years and they let the company free-trade. They should have de-listed the company after the first couple of quarters went by with no reports filed from the company.
He thinks the SEC is more interested in not seeing the stock market implode than they arte about individual investors and he doesn’t think they will do anything with this company again.
Are you aware of the ban lifted from domestic US oil exports?
Yes, he’s aware. At this moment its not beneficial to any significance to the pricing or US producers—of which we are a very small part of—if there wasn’t such a glut our ability to export has made much of a difference. The world-wide oil glut is subject to overnight ‘turns’…where we could suddenly find ourselves in a position to export a lot of oil. Its great they did, but its not making a big difference for US producers.
Is CMKX still in business or does NHHI own CMKX?
NHHI, Inc. is the same company as the formerly named CMKM Diamonds, Inc. Same TX C-corp. Same shareholders. It is the same company with a NEW name. He did it to get away from the Casavant name. He wanted to start planting the seeds for the future with a new identity. Anyone who googled CMKM Diamonds would find all the corruption from the past—so he changed the name. The stock certificates are fine—we can’t afford to change the name on all the certs.
Could you give a recap on our oil wells?
NHE owns the wells. SK is an investor in NHE and the managing investor. NHE agreed to give NHHI a free equity stake in NHE.
We have leases in Eastland County TX, not producing, but now being sold back to the people who we bought them from. They got sidetracked on a deal with a hedge fund and we’re going to sell our 37.5% ownership back to SK’s friend in Fort Worth and get out of the deal. They’re ready to drill and we can’t come up with the capital to participate at the level we would be required. We will make a profit on this deal. These wells are not producing.
We have 2 wells in OK, Harrison Townsend leases, we own 1/3 and they’re producing 2.5 barrels a day and we’re going to sell those. Get our money back out of there ($15K).
We have OK leases south of Tulsa, 7 of the wells are powered back up with only 6 producing at this point. (11 Total, 10 oil producing and 1 salt water). Will have the balance up and running soon—hopefully within 30 days. Have to make repairs to the wells to get them working.
Do we have a ballpark date for a return to trading and the possibility of a short squeeze?
SK thinks it has probably worked out better that its taken longer since we didn’t get a big WF settlement. (which took 3.5 in court over that) We didn’t have a direction for the company. Right now, based on the current lay of the land and have finally developed a real recovery effort on these judgments—we have really good people on the recovery team—including one of the very smartest lawyers SK has ever met. He doesn’t represent us directly but he does represent the judgment team.
Right now…SK says we need to give ourselves some time for NHHI to buy some of its own wells and he thinks there will be a good enough track record to go back to trading in 24 months. The financials will need to be good and it will take a couple hundred grand to actually go back to trading. He doesn’t want to go out with nothing and try to raise money…he wants a profitable track record to show the market that we’re for real. His goal, not too optimistic goal would be 24 months but it is a moving target based on recovery efforts and the price of oil.
Short squeeze is detested by the SEC in terms of discussing it. There is no intention of a reverse split…same share structure as we had…and we just see what happens. He will go talk with the SEC at the time and utilize the State Gov representatives to try and get an audience with the SEC…as high up the ladder as possible.
[now he’s talking about politics…again]
IF there is a naked short and the SEC does its job, then some good things could happen. He doesn’t know if there is a naked short, or how much there is…but its worth a try. Maybe the price will be higher than you paid.
Is there any chance the 1010 agreement with Koch will ever be activated?
SK says no…he tried but even after he went to meet with him the communication went down the tubes. He tried to revive the deal and nothing every happened. At this point in time trying to get back into mining…CMKM was never in mining it was all smoke and mirrors. Trying to revive that deal would be suicide and we would end up over our head at best.
To this day SK doesn’t know anyone in Saskatchewan making money mining diamonds. We have a good plan, with limited capital, it won’t grow fast because we don’t have the capital but we can make money in the oil business.
He lives in Houston now and has met more people in oil and there are lots of stories of people starting small and build their companies up over time to become big companies.
What happened to CMKX patents they had?
SK has never heard of any patents that CMKM has. He’s never had the attorneys mention such, or any documents of such. In the last 5 years he’s never seen/heard anything like that.
[Same guy asks…maybe he used the wrong word, patents, he was speaking about his dividend shares. Then he asked if this company is only about oil now and no longer in diamonds, gold, silver or anything like that.]
SK is now explaining that everything UC said they had was all smoke and mirrors and the company didn’t have any value and there was never anything else—it was an empty shell. That was one of the biggest problems with WF, we had a value-less company trying to sue a big bank for $60million and our company during that time was being run by crooks. You can’t recover anything against the big bank when your company was just an empty shell. You were sold a bill of goods.
The company has survived from delisting to this day on litigation settlements and judgments and that’s it. The pump and dump guys, Edwards, Urban and others, were involved in other companies that they did stock fraud through and were indicted for deals beyond CMKM but CMKM didn’t have any ownership in any of those.
[The questioner follows up with some question as it relates to the Trust]
SK is saying there isn’t anything from an alleged Trust—it just isn’t there. The only hope you have of getting anything out of this stock is if this company can build up enough value to go back to trading again.
No other questions.
[Now he's back talking about politics again...and trying to get people to vote. Going on about Obama and Clinton...I'm done. I've voted, don't need to listen to this.]
End of webinar. 10:35 PM CST
Read more: http://tfant53.proboards.com/thread/11276/cmkm-nhhi-webinar-60-notes?page=1#ixzz4OzPFRXrG
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CMKM/NHHI Webinar #60 Notes -10-30-16 Oct 31, 2016 at 3:46pm tfant53 likes this
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Post by 4profit on Oct 31, 2016 at 3:46pm
Did hear some of NHE
SK lost Comcast internet so he was about 45 minutes late. I know zip about oil and apologize if there's an error.
He said things are moving along. Still selling Eastland and waiting for friends to close with hedge funds. They are all frustrated with the wait but they intend to buy.
2 well deals in Oklahoma as well. They don't fit in, too small, going to be selling.
Wilkins salt water, delayed 8 weeks due to weather, now full power. 7 rigged redesigned baylors. Baylors are a very low cost operation and a friend has Baylor design is a partner, bought 3 from another company so we are the guinea pig. a Baylor is, think of a simple turn water wheel with a bucket, water separator, electronically controlled, down into a stainless steel container. It skims oil off the top and dumps into I think he said the flow line. It has capability of reporting production and can use video which he intend to put on the website.
Several wells powered up pumping. The 11th salt water isn't making much water, which is good, it's driveling water in, not pressure pumping at this point.
7 wells pumping, this next week will pull 1 of the 7 and 1 of the Baylor wells, tubing stuck and not pumping, take locally rebuild and drop back in.
Haven't sold oil but in very near future, not quite full yet and will have someone come pick it up. Taking longer than anticipated. He has had to learn patience since his beginning association with CMKM and Nov 18th it will be 5 years since his appointment of President and CEO. He knows shareholders have had to develop patience also.
Since both companies are and will be in oil business, we're on a good path. 11 wells bought cheap and can't complain. Bought with no money out of pocket but applied work in the ground. 5% royalty after getting it paid off.
2nd phase Oklahoma, 64 wells, 225 3rd phase. He's been going through the 64 wells over the months, in the field with the geologist. Bottom line, the 64 wells are not looking good. Told by the seller everything equipped, need reworking, a couple of them are but it's too big a risk to tackle 64 wells with most not equipped. The risk is unknown and he isn't doing the deal. He told the seller and the seller said he had an offer for $450,000, SK told him if he could get that kind of money, go ahead. He doesn't want to be pressured and with limited capital he thinks it's too risky.
Still have 225 wells with first option to buy, will look at them lease by lease, if any worth having. Focus has shifted from the 64 well deal.
The Japanese partner will pick up 1/3 eventually buy out 1/4. He has a larger deal in Texas. SK doesn't want only 2 wells in Texas not pumping that much. Buy out 11 other wells he might do. At best 20% return is a 5 year pay back, running on limited capital, 20% won't really give a chance to get back investments as soon has he'd like. Plus whatever capital might need to put in. He'd rather find a deal that the return is in one or two years.
If 11 wells pumping, even half, get 20 barrels a day at $50. If oil gets over $50 into $60 many will start production again it could drive the price back down. He will probably spend on reworking 11 wells and get operator's license and costs $25,000. 20 barrels could bring half a million a year and would behove him not to do the 64 well deal with risks. There are a lot of good deals coming at him, bigger deals and he wants to go slow, not do anything radical and make the right deal.
NHE is coming along and thinks next month all 11 wells will be pumping and be able to give a production report. He said the Booch is not producing and the partner in Oklahoma wireline gave price on Baylors doesn't have capital to go to the next level and offered an opportunity. Buy perforating tool charge that shoots bullets through the casing. There's that opportunity to consider.
I had to look up perforation to understand = Creating a channel between the pay zone and the wellbore. Cause oil and gas to flow to the wellbore easily. He wants to stick to shallow wells, deep wells cost too much. The Japanese investor is happy with 5% but not for us. The investor is operating on a different level of standards and satisfaction.
Mexico, Israel and Norweigian investors still interested. US banks local interest rates, hedge funds, stock performing poorly, to Steve, risk doesn't allow us to settle for that kind of return (5%?) and won't be looking at anything that doesn't give return in a year or two.
Read more: http://tfant53.proboards.com/thread/11276/cmkm-nhhi-webinar-60-notes?page=1#ixzz4OzP2ZifJ
NHHI Webinar #59 9/29/16
SK began with it's hard to believe 59 webinars, next month will be 5 years, trying to build something out of the ashes named CMKM Diamonds Inc. There were 26 onboard and doesn't know if it's being piped into another paltalk room.
He opens with prayer for shareholders quite sick, researchers doing a great job, attorneys, collection firm working hard, our Country and all shareholders, Blessings.
He thanked everyone for being there. Crazy time political season, regardless of whom you are voting for, it's insane what's going on. All we can do is get out and vote and pray.
Litigation update. Important tonight is, criminal trial scheduled into 2nd week in November and doesn't know if that's even a firm date. JE still under medical evaluation to determine fitness for trial. John might be listening, SK doesn't know what to say to him, see what the evaluation brings. Last month spoke about the Turino plea bargain. He gets updates from a couple people informing him. There are still a couple of defendants that don't want jail time. Edwards could still cut a deal, it's up the air and out of our hands,
He says it's hard to believe JE would be declared incompetent with what Steve knows about. JE is not a nice person and only cares about reaping rewards. Shareholders have their opinions but Steve has seen from the inside how corrupt and dirty they are. Not looking out for you when you invested your money.
As researches are able to dig through discovery is still in progress and the company is working on many things with collection firm and attorneys. Requires his input, where to go, what to spend. We've had delays. Had deed in hand, cloud on title, needs to be cleaned up. Hoping attorney well connected to clerks may speed it up. On the verge of recovering several properties, buyer on one, auction on another was delayed from Sept 27th to November 2nd because (not our general counsel) an attorney made a small error on a document and to correct and resubmit. We have buyers for that, someone's going to get a good deal and CMKM will get a good deal. Number of properties NHHI going ahead on. Collection firm can only afford to go with so many. When they get paid, they can take on more. Can't talk about what they are, doesn't know who is listening, he will when he can. He thinks one day a book should be written and a movie deal. Still going ahead and can now say it's a winning deal, for sure. (meaning the assets coming in to NHHI)
Someone sent SK an NSS article where someone invested $100,000 in a penny stock. Going from .25 cents per share, shooting up to worth $1.3 million. Brokerages, market makers shenanigans drove it into the dirt and valueless. Emotional roller coaster, some deal like CMKM. Knight NS'd stock, large numbers of market makers, ex-clearing, Knight became he thought KCG and UBS manipulated OTC pennies, huge amount of money, bigger margins than big board stocks. Like they were working together, Knight short, UBS long. Fined for millions but were a drop in the bucket. The guy spent years trying to figure it out, cellar boxing. Sent letters to SEC, fell on deaf ears. Steve skimmed through read, one thing he didn't know. When they reverse merge or split, it gets the share value up and when the cusip changes, Knight shorted carries on balance sheet liability unbought shares. a billion and a half, reverse split, cusip change, then can't buy. Sits in uncovered state, fined $10 - $12 million a drop in the bucket. That stock's no longer on market. SK does not want to reverse split now and won't reverse split any way regarding the cussip, doesn't know if this was done to us or not, no telling. Short never disappears unless reverse merger or split. Could be insane when trading. Huge volume in pennies. A debt is issued, debt instruments convertible debt. SK thinks if JE goes to trail we'll hear a lot about convertible debt being thrown around. They converted the convertible debt into shares Urban gave them. SK hopes he isn't giving Edwards a defense
Idea of trading will be crazy. days ahead trading stock. NHHI will have a nice profit, good set of books, ownership of oil and gas. We will be able to trade.
CMKM had nothing, Urban had no claims in our name, no revenue, no product, cut deals exchanged shares, CEO's made money, did PR's, raised a pile of money, great promoter. Go do IPO, some will jump on anything - most fold and never have profitable revenue. They make money like Urban and Edwards, next they delist, miracle we're still here.
NHE moving along, stake in good shape, once sell oil. Putting in tank, next few days sell free equity stake. Looking good, just a little slower than thought. NHHI plan still the same, collect funds from recovered assets and sell, from judgments we obtained. Sustain, continue to grow.
Spilot: Why was the Wells Fargo settlement not mention on 2015 tax returns...you said you would
Steve: Let's get this straight, WF was shown on the tax return but stipulated settlement be sealed. Look at the trouble Wells Fargo is in on the internet. It stays sealed and is on tax return, all revenue is there, not going to violate terms of settlement.
and then ...
Spilot wrote: it smells
Steve became greatly offended and insulted. He wanted Spilot to call him, call him tonight or arrange to meet with him. Look at the return, if he doesn't understand the WF settlement is on there, call his own accountant. SK saying everything has been 100% honorable and explained again, after a multitude of times in webinars, putting his own money in when there was only $1 in the bank.
SK said, like an id*** he repeated to shareholders what attorneys, Bill Shepherd and Frizzell told him, in 6 months $30 or $40 million WF settlement. Steve didn't understand it at the time or know that the SOL was a big problem. WF defense of in pari delicto. When 2 corrupt entities are doing wrong, Wells and Edwards, helping each other, they abetted Edwards, the plaintiff has no case. No damage model at all, CMKM had nothing with Urban at the helm. SK said CMKM was lucky to get one red cent. He didn't understand that at the time. Steve said only he and God understand what he's been through trying to keep it open for benefit of shareholders. SK said he was sorry for venting but sometimes you have to just tell it like it is.
That's the jest of it. SK asked if there were any more questions? He's done it honestly, the foundation is laid, he'll see it through. There were no further questions, he said God Bless, see you next month and goodnight.
Read more: http://tfant53.proboards.com/thread/11228/webinar-59-29-nhe-nhhi#ixzz4LkxuyGnx
CMKM/NHHI Webinar #59, NHE Post
To All CMKM/NHHI Shareholders:
I have scheduled CMKM/NHHI Webinar #59 for Thursday night, September 29, 2016 at 8 PM CDT using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
NHE, LLC Update
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website (www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
2015 Taxes for NHHI:
www.cmkmdiamondsinc.com/tax-returns/NHHI-2015-Tax-Return.pdf
RE: CMKM/NHHI Webinar #58, Turino Plea Deal, NHE Post
To All CMKM/NHHI Shareholders:
I have scheduled CMKM/NHHI Webinar #58 for Tuesday night, August 30, 2016 at 8 PM CDT using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
With regard to the ongoing criminal case against former CMKM management and insiders, defendant Jeffrey Turino has entered a guilty plea in exchange for a plea agreement that requires him to cooperate with the DOJ by providing testimony and information to be used against the remaining defendants. The plea agreement calls for a prison term of 72 months, and mandatory restitution of $35MM. Turino has already served the majority of the 72 months, and his ability to pay any restitution is unknown at this time.
NHE, LLC Update
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website (www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
Read more: http://tfant53.proboards.com/thread/11162/webinar-august-30-2016#ixzz4INl8cG50
No news yet!!
For those that have sent private messages wanting to buy NHHI.....
It can not be bought on the market yet.
I do have a One million share cert I might be willing to sell.
July 29th Webinar
4profit
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July 29th Webinars 12 hours ago tfant53 likes this
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Post by 4profit on 12 hours ago
Apologize, hopefully someone caught more than I did about NHE
Texas, where Steve has been residing for 2 years, had bad rains, tornado weather that delayed some of the progress on the wells. He said they may sell the 300 wells before they take possession of them for a significant price. I think he said, in some other things he hasn't obtained yet, a number they were talking about would be selling 1/4 for $5,000,000. The engineer likes the 64 wells deal and wants in. The analytic engineer report hasn't been finished yet and will cost about $15,000. Steve may consider to give him a small in to save up front costs, that is yet to be determined or worked out.
Phase One is closed, in about six months another offering will be available. Steve did refund monies to 3 investors who had unforeseen things occur and needed the money elsewhere. That's because not all the funds were utilized. In Phase Two they may need to use all the funding. He spoke about cameras to display the wells producing and it can be expensive, he would like to do it.
He spoke about taking video footage and pictures. Uncle Melvin got on mic during the NHHI webinar and said he would do it for free and he and Steve will be speaking about that next week.
NHHI
To get to the part first, many are interested in, Steve asked Bill Frizzell about the naked short. Bill gave Steve the same information that he had from May 2005. Steve didn't read it all but Bill said it would be he thought less significant than in 2005. Bill also agreed (like he and Kevin did in FAQ's on the website years ago) that trading again is the answer to the naked shorting. He added as a last sentence about naked shorting if, there is. So the answer is what Steve and we keep saying, a return to trading. Steve said he didn't know if it was right or not but brokers removed shares, Frizzell offered no concrete number, as worthless from accounts. The SEC is strongly opposed to an organized squeeze and Steve would not do that. What Steve would do is arrange a meeting with whoever is running the SEC today and some senators to show he is not attempting an organized squeeze and get the answer to the burning question, would regulators enforce the rules about a naked short if one exists in CMKM? It's been 11 years, the statute of limitations has passed so that would be a good plan to arrive at the truth once and for all. This would not be until ready to trade again as we need to build up business and value.
Collections
Steve wishes he could say more because it is quite interesting with everything going on. He will be able to after litigations. They have the deed to a property and 3 days later, the real estate agent called and said they have a qualified buyer for full price. Steve asked the agent if he was pulling his leg but it was genuine. He was very happy. Problem, the title company involved was uneasy about the title so NHHI looks to have to go to court with what's termed a Quiet Title Action which could take 90 days to 6 months. Defendants did all kinds of frauds but more so when an alleged criminal is very intelligent, as a couple of ours are and put safeguards in place even if he got caught, it's somewhat of an obstacle. It's all these things that slow down the recovery process. They will do what they have to do to insure a clean title, it's just the way it is regarding CMKM stolen assets and what the company has to go through in the recovery process. They have lots more irons in the fire and intend to act on all of them. As this goes on, regarding the recovery process Steve sees more and more the true damage, especially regarding someone who has already pled guilty, he knows what they did. He pretty much said paraphrasing, they aren't backing off and will do what it takes for the return of assets. The collection company and attorney are doing a great job.
He spoke about the trial most likely being delayed again, explaining the last information Steve had was Edwards had not left yet for his evaluation. He may have in the interim and that’s for 45 days. He spoke about the government not wanting to split them off for trial , wanting to try them all together. From the information the company has, Steve thinks they have an excellent case and is confident the DOJ will win convictions. He mentioned the plea agreements, being surprised Turino is considering one. He doesn’t think Edwards will plead.
Steve spoke about recently giving the DOJ something that helps prosecute Edwards. The company intends to notify them about everything the company finds Edwards did (hiding assets)
That's the short of it, if I think of more, will add. Maybe someone took notes, this is just from what I recall. Sound was difficult at times.
Read more: http://tfant53.proboards.com/thread/11093/july-29th-webinars#ixzz4FuQs1bsy
CMKM/NHHI Webinar #57, NHE Post
To All CMKM/NHHI Shareholders:
I have scheduled CMKM/NHHI Webinar #57 for Friday night, July 29, 2016 at 8 PM CDT using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
NHE, LLC Update
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website (www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
July 25, 2016
RE: Update on NHE, Online Meeting Scheduled for 7/29/16 at 7 PM CDT
To All NHE Investors and Interested Parties:
Repair and restoration work continues on the first 11 wells of NHE’s most recent acquisition, but the leases were hit with some severe weather, heavy wind, rain and a possible tornado on July 15 which caused an electric power outage that has persisted for several days. Power has been restored to three wells but we are waiting on crews to finish power restoration so that we can start up additional wells. A tree fell on one pump jack, and trees and debris have had to be removed and cleaned up to allow total access to the leases.
I am continuing the evaluation of 64 wells for Phase II, and so far that acquisition looks very promising and is likely to occur. If successful, a Phase III acquisition would take us to a total of 300 wells in a fairly tight geographic area.
I continue to evaluate numerous additional prospects as potential acquisition targets, in an ongoing effort to find the very best ROI and safest options for a start-up venture with limited capital. I have formed strategic alliances with several co-venture partners that are willing to invest alongside NHE as needed to take down larger deals.
I have scheduled an online meeting for NHE to be held Friday, July 29, 2016 at 7 PM CDT, using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
I will discuss all NHE business and will answer your questions during the meeting. I hope many of you will attend.
Thank you and God bless.
Steve Kirkpatrick
Read more: http://tfant53.proboards.com/thread/11087/cmkm-nhhi-webinar-nhe-post#ixzz4FoWUoqH7
IT IS ORDERED that a Status Conference set for 7/11/2016
06/13/2016 445 MINUTES OF PROCEEDINGS - Status Conference as to John M. Edwards, Brian Dvorak, Ginger Gutierrez, James Kinney, Jeffrey Turino held on 6/13/2016 before Judge Jennifer A. Dorsey. Crtrm Administrator: Danielle Cacciabaudo; AUSA: Andrew Duncan; Def Counsel: Richard Wright, Todd Leventhal, also appearing for Chris Rasmussen and Jess Marchese, and present telephonically: John Hall; Court Reporter/FTR #: Felicia Zabin; Time of Hearing: 9:35 a.m. - 9:50 a.m.; Courtroom: 6D. Mr. Wright advises the court that the competency evaluation is still in progress for defendant Edwards. Mr. Duncan advises the court he has spoken with local counsel and will be contacting Mr. Hall this week. The court reminds counsel that trial is currently set for the 8/9/2016 trial stack.
IT IS ORDERED that a Status Conference set for 7/11/2016 at 11:00 AM in LV Courtroom 6D before Judge Jennifer A. Dorsey. The presence of defendants Gutierrez, Edwards, Kinney, and Dvorak for the Status Conference on 7/11/2016 is waived. The court grants Mr. Halls request to appear telephonically and is instructed to contact the same number. (Copies have been distributed pursuant to the NEF - DC) (Entered: 06/14/2016)
07/11/2016 451 MINUTES OF PROCEEDINGS - Status Conference as to John M. Edwards, Brian Dvorak, Ginger Gutierrez, James Kinney, Jeffrey Turino held on 7/11/2016 before Judge Jennifer A. Dorsey. Crtrm Administrator: D. Sherwood; AUSA: Kathryn Newman; Def Counsel: Richard Wright, Jess Marchese, Chris Rasmussen (also on behalf of Todd Leventhal); Present Telephonically-John Hall; Court Reporter/FTR #: Felicia Zabin; Time of Hearing: 11:10 a.m.- 11:20 a.m.; Courtroom: 6D; Presence of all defendants waived by counsel. Mr. Rasmussen advises the Court he will not be ready for trial on August 9th as he had previously advised the Court as he has been appointed on the Bundy case and he also has not received the actual plea agreement to discuss with his client. Mr. Leventhal has advised he also has not received a plea agreement. Ms. Newman states the Government feels a continuance is appropriate as Mr. Edwards has not left the district yet for his evaluation. Mr. Wright states he spoke with Mr. Edwards last week and he is still here. Mr. Marchese advises the Court Mr. Turino will probably be resolving the case by way of a plea. Mr. Hall concurs on a stipulation to continue the trial. The Court will await the filing of a stipulation or a joint motion to continue the trial. (no image attached) (Copies have been distributed pursuant to the NEF - DMS) (Entered: 07/11/2016)
Read more: http://tfant53.proboards.com/thread/11060/ordered-status-conference-set-2016#ixzz4E9NmgIX2
Notes from the webinar 6/30/16
4profit
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Does anyone plan to listen to the webinar Thurs. evening 16 hours ago upside and ce560 like this
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Post by 4profit on 16 hours ago
NHHI
SK begins by saying interesting meeting tonight, see how many show up. Happy 4th of July weekend, have lots of fun, family, good food. As always, he opened with a prayer.
Well folks, he's been doing this for over 4 1/2 years. Most interesting and difficult thing he has ever tried to take on. He has mixed emotions and going to lay it all out there, will be speaking with an open heart about things going on. Back from the total destruction fiasco, Criminal Enterprise and a lot of goofy stuff going on.
Litigation is most important agenda. Criminal trial is still set for August, he hopes, from John Edwards pushing the buttons in getting re-evaluated. SK says to John Edwards, if he's listening, which he might be, it ain't going to be as easy as you think. It all catches up and will reap what has been sown.
Collections are the final bullet on judgments. NHHI needs to be capitalized, NNHI will see if there is or isn't enough to grow the company. He can't really disclose what's happening, what the company is doing in this webinar, he will when it is safe to do so.
Misc Topic
Urban Casavant is dead! Rumors of him still being alive are rearing their head. Said before, will say again, he's sorry that Urban died. If shareholders want to email Steve, he will provide a copy of Urban's death certificate by request. It's 150% for sure. SK wants to stomp out the brush fires and wants to stop wasting time over that.
The history of the Criminal Enterprise is in the Indictments, if you haven't, read through them. The theoreticals, smoke and mirrors, won't be read in there, only proof. The rest you see is distractions, back ground noise. Shareholders holding on to that, he doesn't know why, but they do. You'll see what kind of people you're dealing with.
JEFF EX Clearing.
He asks for undivided attention so you don't miss it. Issues to stir things up, trying to damage the company, like to see it go away because it's not going to work.
Two (2) brokers, ex cleared 111+ billion shares. SK said he would reveal the names after Wells Fargo settled. What the heck difference does it make who they are, it's a simple matter? He was given 2 names, accurate or not by Bill... Shepherd attorney in WF case, out of the blue. He wrote them on a note pad on his desk. By request he called the FINRA Office of Ombudsman and gave them the names. SK said the guy could have cared less about it.
They were left with a $95,000 counsel bill. Bill Shepherd wasn't particularly interested. Burned Bridge by local counsel, Reade, in the middle of the WF case, lost his law license and was indicted. Shepherd didn't pay that legal bill as was agreed he would do.
As of yesterday (the day before webinar) SK didn't know some information. There's every kind of insane thinking on the boards - RB. With help of some very good people digging into testimonies, the Principal of NevWest depositions, NevWest cleared huge volumes through Jeffries and Empire Financial Group, also a tiny company named Hudson. Hudson dropped out because the deposits required to be collected, to assure the trade is covered, were too high. John Edwards dumping Billions. Sergey clearly stated that one broker is NevWest. The other broker isn't in the depo. The other is one SK had never hears of. He thinks it was just initials and started with an "N" Steve has been in Texas a long time, before that Florida and no where near where the massive info is stored. SK stated he will at some point go through that information looking for it. He said, It doesn't make on iota of difference, won't help the company. Wells Fargo isn't one of the brokers ex clearing.
(Note Empire went out of business in 2008)
Speculation Ameritrade bought, soaked up by the company, no voting rights, that's a bunch of bull. Been a pain wasting too much time, the lengthy emails, webinars on this. It means nothing today. Nothing will come from it, zilch. They'll dream up something to discredit the company, counsel and it isn't going to work
Shareholders ? with an agenda
Trouble makers mostly from Canada and supporters of Urban, tried to organize mob shareholders at the webinar. They've tried it, their schemes, slam the company, last time. They won't talk on the phone. On pro boards, create several aliases, talking to themselves, in order to get agenda online. He's sorry Casavant's dead, that's up to God. Evidence SK sees is very clear at trial, Urban was a womanizer, drug addict, drunk, gambler, thief that helped steal $250.000,000. Why do they do this? SK doesn't know. SK is no longer going to deal with it.
Edwards pumped billions they created out of thin air. NevWest didn't get Indicted, they are out of business a long time, they were enforced by the SEC and NASD. What is that going to do to get money back?
Steve states he's been working for the shareholders, anyone wanting to go to civil court is fine with him. Settlement with Kozic. Steve honored it, problem is, this group does not have proper purpose. No court will allow it. Kozic had a heart of gold in reality, once you got through the crustiness. He cared about shareholders, he finally figured out, Steve and he, were on the same page. Frankly, New Horizons, name Jerry came up, Jerry was killed, SK said it's only fitting the name Jerry suggested, SK liked and now becomes in memory of Jerry.
A poster on RB says to cut Steve a break, wait 1 or 2 months and then he will join in. Steve said there is no reason for him to, he's working for you.
Be aware, there are forces that don't want the company to make it, but the company now, is too far down the road. All it's about now is, how fast can they raise cash from the collection? 700+ billion shares on the master shareholder list they have, is what we're going with, minus all this other talk out there.
Wells
11 need re-work. 16 wells getting ready, to sell 3 for nice little profit. He did some math on 25 barrels total = $55,000. Assumed at $45 a barrel. No one has bought production this cheap. Could something go wrong? Yes but he will keep working, make it happen
Q & A
TRUTHSHALLSETUFREE: Thanks for efforts, make some of those people making trouble, just get out of the way. You're Uncle Urbie got out the easy way. He croaked. Concentrate on value Steve will bring to the company
Has there been any revenue in assets NHHI recovered?
SK: All the time he has put into knowing shareholders, long emails, conference calls, is not happening again. st8diesel guy sent him 10 emails, won't call Steve. Stuff he emailed him tonight, same crap. Urban's a great guy. We have some semblance of good. Back when he came in, they sold the property in Georgia, mortgaged to the hilt, Lowden and Steve worked on. what they got was $15,000, that was the first money to come in. finally settled Wells Fargo, you'll see on the tax return, which will be filed Sept 15th, the corporate deadline.
Something out of the Durr case. Company got the deed to a property they've been working on a long time. Not an A+ property but $100K - $150K, after fees will be money left in NHHI, it will help. NHHI can't go out on its own and buy oil wells right now. Company will target things on file, hundreds of thousands. Need 12 months few hundreds of thousands, He wants to make it happen, some bigger ones not engaged yet but they are working on.
Told we're going back to trading. How are we going to do that? Legal counsel lined up to do that process? Road map, months, years, decades?
Good question, talk about trading again for a long time and more important than ever, in an industry, lots of value. Can't do it t his year would be a miracle. We could get lucky with an asset that would put us on the map, in millions. Believes there are assets that much. SK says Hey John, he could be listening, See You In Court. Amount of capital, no real money to work with. Speculates it could be a matter of 24 months but they could hit a home run and take to market quickly. Hundred grand herm hundred grand there, it's a slow process.
Q Regarding Mr. Frizzell had some proof of NSS - going back to trading - have evidence could play out in trading?
Always said or said a long time, what BF has in evidence, face to face, Steve's in Texas now BF can't escape, he means that in being funny, Bill's doing a good job. Company can't afford massive subpoena's, discovery, to see if there is or was uncovered shares floating. Need to trade again. See if we can enforce a cover? SEC won't concede it. If they get wind, they'll shut us down. See if, uncovered, they will enforce? He wasn't involved when all that was happening. In order to s atisfy shareholders, we have to try. Given shareholders who want out, get their investment back out, we have to keep pushing that way, see what happens.
Q Does BF have evidence to enforce rules?
Steve will talk to Bill Frizzell and ask again. They haven't been talking about stuff like that right now. the company found it inconclusive.
Steve will try to do it before next webinar. Is it a waste of time, try to trade without? He doesn't know or had time for that discussion, since we haven't been close to trading.
Q What if government wins and defendants get convicted? Will they compete on assets we're going after?
Steve can't say much, he could really unload, but can't say. SEC had big judgment against Edwards. The collected $40 -$50 grand. DOJ hasn't made much effort. DOJ restitution order is mandatory. Steve thinks the DOJ might think the best way to help shareholders is for their company to survive. Most defendants have claimed to be destitute, he doesn't think the DOJ will collect much.
It's 4th of July weekend, have somewhere I have to be. Finish what is left, not much in a couple questions, when I can.
Have a safe and happy 4th of July
(Reminder from me, the company won't post the death certificate on their website because they don't have permission from the family. If shareholders choose to do so, it's at their sole risk what steps the Casavant family might take. They were not willing to provide it to shareholders)
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Does anyone plan to listen to the webinar Thurs. evening 10 hours ago marbearcat likes this
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The rest of the webinar and what Steve said. This is the best I could do with the sound problems and people getting booted off from paltalk problems, all night long.
300 wells deal in Oklahoma, if successfully capitalized, cleaned up and re-worked. People want to buy. $45 or $50, assuming running smoothly, solid numbers, could easily bring $9,000,000. He spoke of a 700 well $50 million someone bought. Maybe a little less than $1 million into it. Steve said he has a window and line, on that kind of deal. Ultimately have to go back to trading, building from the ground up. You need to keep a good track record, need to keep doing wells.
Whitenoc: What are you doing with the massive Wells Fargo settlement?
SK: Where do you get massive from?
Whitenoc: From my higher self.
SK: Ask the question at the time the taxes are filed. When the company got it, they had been running dry. At least no longer a charity case. Funds used to keep company alive, moving forward. Hash it out in September.
Comet: Would these oil wells, when you buy more, if you have 100 wells, how are you going to capture gas – asset to the company?
SK: Understand, 1,000 or 1 million wells, some oil, some gas, some both. Oil is different, when drilling a hole, there's some expectation. Until you drill, you don’t know. On the 11 wells, there is gas on the property. There is a pipeline in the boondocks. Can tap in and sell gas. There’s a meter. It has to be enough. Company would use their own gas to treat the wells, heat the water. Cap it off and use it when you need to heat the water. Natural gas is a good commodity, less expensive than oil. If it’s say $2.50/$2.60, oil $45 a barrel, it’s better to buy cheaper oil wells.
Wells on the books of major companies, but they have to carry as a liability. More than 30,000 wells need to get off their books, need to get rid of. We don’t have financing for plugging (?). We’ll have some of both.
Q When will 2nd, 3rd stage take place? 6 months? A year?
SK: Before then. We have to wait for their bankruptcy to clear, then owner will turn them over to the company. Waiting on court. Doing some evaluation on 64. It will cost $10,000 or more. Couple more weeks, plus or minus, 11 wells, go ahead with evaluation on the 64. (I think he said the Operator) said it’s going to be good for us, he knows the area. He might do it for free, for a little piece of the action. We will be into the 64 in 90 days or less.
Read more: tfant53.proboards.com/thread/11037/plan-listen-webinar-thurs-evening#ixzz4DGhbqlZG
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Does anyone plan to listen to the webinar Thurs. evening 21 hours ago
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NHE
Needs more money. Co-Venture that with investors Steve knows. He doesn't know what the structure will be but the cost of the engineer is $10,000. Investors want to get in from Mexico City, who flew in to speak with Steve. They were trying to get into the business in Mexico with the government deregulating Pemex Oil. They were running everything and now the door Is open to leases. They found the leases were stacked and there would be $80,000 royalty payment to the government. A rigged system there and we pay 20%. These investors began looking in Texas. They will be flying in again next week, to meet with Steve.
Folks from Israel came to Texas also. Need to teach them how it works here, as it's different in Texas. NHE wants to keep the door open to new deals, bigger deals to grow the business. Even 1/2% to take public, flip for millions, could be very good deals. He isn't trying to blow smoke, $45 a barrel, they're feeling very good about it, at $45 even, they're in the green. Everyone else needs $60 - $80 a barrel to cover costs.
Shares are no longer available for the deal, he has closed it. He refunded $5,000 to an investor who lost his job and needed the funds returned. There will be another offering in 6 months.
Q & A
What is the total number of wells pumping and how many barrels a day in all?
13 wells, 4 wells pumping, wells we've bought for a song. Having to do field evaluation, clearing and cleaning up work being done. Started 5 barrels a day, 2 wells needing work, 2 1/2 barrels on one 2 1/2 barrels the other. Expecting to get 2 little wells going shortly. (He mentions in NHHI, there are 10 there and selling of 3 = 13 wells)
I had sound problems, missed some of it. Steve elaborated more in the NHHI webinar for those who missed NHE.
Read more: tfant53.proboards.com/thread/11037/plan-listen-webinar-thurs-evening#ixzz4DGhm6ov2
Read more: http://tfant53.proboards.com/thread/11043/4profits-webinar-6-30#ixzz4DIUsFHYf
June 26, 2016
RE: July 4th Greetings, CMKM/NHHI Webinar #56, NHE Post
To All CMKM/NHHI Shareholders:
In spite of the challenges faced by the USA in today’s unsettled world, we are still blessed with freedoms and a lifestyle enjoyed by very few cultures. I hope all of you have a blessed, enjoyable and restful July 4th and weekend.
I have scheduled CMKM/NHHI Webinar #56 for Thursday night, June 30, 2016 at 8 PM CDT using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
:
1. Download Paltalk Messenger (free download) and log into Paltalk. 2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”. 3. When the room is open you will see the name “New Horizons Holdings, Inc.”. 4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
NHE, LLC Update
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website (www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
CMKX, This is one of the most serious legal processes in our legal system
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#2258678 tfant53 1 hours ago 1 2 3 4 5
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This is one of the most serious legal processes in our legal system. Why this has taken so long. CMKM is the glue that holds this all together. If you notice, CMKM is the only company which has a DOJ information page.
Before Helen, Urban's death, trial was slated for 4 months or more. Judges coming and going from the multitude of delays, clearing their calendars for big blocks of time. Waiting, they can't be on available bench for other cases needing to be tried. DOJ as well, crime never stops in Vegas with their incorporating law protections. populous crime rate. There is no lack of frustration on their parts. Victims enduring unmerciful delays. The many witnesses left with an unusual, on call basis. It screws everyone up.
This trial will take the jury through 9 companies, step by step, where an organized Enterprise earned 14 felony charges, centering on Racketeering. Pinnacle Business Management (PCBM) CMKM Diamonds Inc (CMKM) St George Metals Inc (SGGM) US Canadian Minerals (UCAD, became USCN) Bio Tech Medics Inc (BMCS) Global Diamond Exchange Inc (GBDX) Equitable Mining Corp (EQBM) OMDA Oil and Gas Inc (OOAG) Grand Entertainment and Music Inc (GMSC).
It took 5 successive grand juries, just to explain it, unanimously handing down Indictments, 3 times. The first Criminal Indictment did not mention Jeffrey Turino, was not able to be utilized. Their 3 main defendants fled the scene of the crime, Las Vegas.. A new Criminal Task Force was formed, prompted by the actions of Mark Faulk, CMKM's voluminous collection of records and documents, grand jury handed down the Superseding Indictments. (Superseding, replaces the first one). Sealed 5/27/2009, Unsealed 9/17/2009. 5 Felony charges, additional charge of Tax Evasion went for Urban Casavant.
Indictments are sealed for a period of 3-4 months while they coordinate arrests in Las Vegas, different states, for arraignment to plead, (Countries to begin extradition) seizure of known asset, if any. Beginning date of charges in this Indictment state, "Beginning on a date unknown, but not later than Sept 2001, and continuing to on or about March 2009" etc., naming 6 defendants.
Sept 2001, when John Michael Edwards gained control of the shell formerly known as Cyber Mark.
www.justice.gov/sites/default/files/usao-nv/legacy/2013/05/23/CMKM%20Superseding%20Indictment.pdf
Task Force used grand jury call back to obtain, a Second Superseding Indictment (Replaces the Superseding Indictment) 14 (plus racketeering) current charges they now face. Sealed March 24, 2010, Unsealed May 2010. Founded on a date unknown but not later than 1997 and extends into 2010. (Because they know Marco is selling Urban, Kinney shares, other things)
www.justice.gov/sites/default/files/usao-nv/legacy/2013/05/23/CMKM%20Superseding%20Indictment.pdf
RICO cases need to be at least 10 years of criminal activities. It is not unusual in a 10 year investigation, to use 5 sitting grand juries, including call back.
Under RICO, a person who has committed "at least two acts of racketeering activity" drawn from a list of 35 crimes—27 federal crimes and 8 state crimes—within a 10-year period can be charged with racketeering if such acts are related in one of four specified ways to an "enterprise". Those found guilty of racketeering can be fined up to $25,000 and sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of "racketeering activity."
Grand jury determined $70 million for most defendants in Indictments.
The SEC called in, as per their function, the DOJ in the fall of 2004. SEC OIP Hearing before Judge Murray May 10, 2005. Defendants/Insider contrived failure to comply with Robert Maheu's direction in collecting enough financial records, documentation, to catch up on delinquent filings. To attempt to keep from being revoked and trading.
The objective of an enterprise is to not keep good records lying around and to spend their illegally gained fortunes as quickly as possible. Not to get caught with evidence that proves their guilt, certainly not to hand it over. In some cases hiding things offshore. Stoecklein had no choice but to accept the SEC's Initial Decision of revocation, signed Sept 28, 2005. The order takes a week to reach the markets, resulting in Nov 4, 2005, CMKM's symbol to be delisted.
The SEC extended their investigation to assist the DOJ, beginning depositions within days of the CMKX shareholder party, Oct, 2004 into I forget if it's late 2007 or early 2008. Sworn testimony, bank records, trading records, incorporations for the grand jury's investigation. SEC and FBI information, derived by a tremendous amount of subpoena's Who call unlimited witnesses, demand of material evidence with supporting testimony, based on the SEC information and CMKM when new management comes in. Including JEFF and others. Insider associates, consultants, for hire persons, etc.
What further held things up, was when a bigger buck agency comes in, redoes depositions and many additional persons of interest of their own. More, more, more, almost quarter of a million more documents to add to the SEC, their heap, over 200,000, the additional bigger buck agency records are the SEC's additional 200 boxes, Defendants claim they have never seen. From the SEC privilege logs of evidence obtained, defendants are able to see, discovery collected they know nothing about. 200 banker boxes, holding 1,000 docs each. CMKM's new management begins with first delivery of 15 boxes of discovery and whatever enormous amount required with grand jury and day and a half meeting in the office of DOJ. Documents said at the time to be 1 million. Turino information puts it way over 2 million docs. We don't like to read long posts, can you imagine trying to digest over 2 million pages?
The time, the extensive, mounding expense, the process, procedures extraditions, having gone into this, is hardly a joke. Defendants acting out, fleeing to other countries, waiving their rights, delaying, almost begging the court to make one wrong decision that violates their rights. This is so complex, there will definitely be appeals.
If you think CMKM is a nightmare, that's without the information shareholders don't know yet, shareholders haven't seen Global Diamonds...
Read more: http://tfant53.proboards.com/thread/11013/pr-ask-on-trial#ixzz4CKhCsJVQ
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#2258679 tfant53 1 hours ago 1 2 3 4 5
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Edwards splits to the origin of his birth, he sees the handwriting on the wall. What Turino has done makes everyone a marked man. The whole investigation swings from Edwards into an unbelievable scenario. A group who can reach anywhere, anyone. Evidence proves planned murders of many involved, Urban himself wanted one erased from the planet. There was no sting, people voluntarily came forward, there was there no other choice for them. With these people, a score against is always a score against, there is no, oh well, we'll walk away. Where Turino and Edwards are, with federal marshals 24/7 in federal custody at a detention center, they are well protected at this time. After sentencing that won't be true, they may end up at any federal facility in the US. One of the reasons they haven't been to eager to get this show on the road. At some point they lose their protection. It will be shocking, still no surprise if we hear in the future about Turino, that these people received their pound of flesh. I'm deadly serious.
Read more: http://tfant53.proboards.com/thread/11013/pr-ask-on-trial#ixzz4CKhdjsX7
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#2258681 tfant53 1 hours ago 1 2 3 4 5
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It's time to face the facts and stop the misinformation and disruption over what has been proven to not be true. The string alongs, the people who have and continue to make it up to shareholders, people who have no idea or evidence in what happened. Who did it. Rolling shareholders into scam to scam, lie to lie, including the dinar and the re val is waiting for CMKM. More coming in time. The truth will catch up to them. The DOJ has not offered one deal, they don't need to with all the evidence they hold. The remaining defendants will have enter into plea deals, like Marco did, like Spooner did, like Mitchell did. Nothing on the table ever from the DOJ. In the event (plea deals) that should happen, it's still coming out. Live it up while you can, stir the pots, keep the big top in town and the defendants entertained.
Read more: http://tfant53.proboards.com/thread/11013/pr-ask-on-trial#ixzz4CKkmsnyy
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#2258702 tfant53 17 minutes ago 1 2 3 4 5
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What will shareholders say to other shareholders about what they've said and done? They wonder why so many have disappeared and sources who don't know squat, is why it never happens or becomes true, never will. Because it isn't.
Read more: http://tfant53.proboards.com/thread/11013/pr-ask-on-trial#ixzz4CL4jxjwn
Hope the court date does not change!!
Nothing new here!!
CMKM/NHHI Webinar #54, NHE Post
To All CMKM/NHHI Shareholders:
I have schedule CMKM/NHHI Webinar #54 for Thursday night, April 28, 2016 at 8 PM CDT using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
NHE, LLC Update
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website (www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
Read more: http://tfant53.proboards.com/thread/10836/cmkm-nhhi-webinar-april-2016#ixzz46rWRJMxU
Webinar #53 tonight!!
I have scheduled Webinar #53 for Thursday, March 31, 2016 at 8 PM CDT, using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
NHE, LLC
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website
(www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
Read more: http://tfant53.proboards.com/thread/10783/webinar-53-tonight#ixzz44Vt4ICOH
March 25, 2016 RE: Easter Greetings, Webinar #53 Scheduled, NHE Updat...
Easter Greetings, Webinar #53 Scheduled, NHE Update Posted
To All CMKM/NHHI Shareholders:
On this Good Friday, I want to wish all of you a very happy Easter, 2016. For many of us, this is the season in which we reflect on the crucifixion, death, burial and glorious resurrection of our Lord and Savior Jesus Christ. We ultimately celebrate the empty tomb as evidence that our Savior is risen, and that He offers each of us the free gift of eternal life as a result of His sacrifice on the Cross. I hope each of you has a blessed Easter weekend.
Webinar #53
I have scheduled Webinar #53 for Thursday, March 31, 2016 at 8 PM CDT, using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
:
1. Download Paltalk Messenger (free download) and log into Paltalk. 2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”. 3. When the room is open you will see the name “New Horizons Holdings, Inc.”. 4. Click on the room to join the meeting.
I will discuss all current CMKM/NHHI news, and will answer your questions as always. I hope many of you will attend the meeting.
NHE, LLC
If you are an investor in New Horizons Energy, LLC, or are interested in NHE, please go to the NHE website
(www.newhorizonsenergyllc.com) to review my latest update to be posted today.
Thank you and God bless.
Steve Kirkpatrick
CMKM/NHHI Webinar #52 Scheduled, NHE Meeting Scheduled
To All CMKM/NHHI Shareholders:
I have scheduled Webinar #52 for Monday night, February 29, 2016 at 8 PM CST using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
1. Download Paltalk Messenger (free download) and log into Paltalk.
2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”.
3. When the room is open you will see the name “New Horizons Holdings, Inc.”.
4. Click on the room to join the meeting.
As always, I will discuss all current CMKM/NHHI business, and will answer questions from attendees.
A federal court hearing will be held in Las Vegas on March 14, 2016 that will determine if the criminal trial to be prosecuted against numerous former CMKM insiders and associates will begin as scheduled on March 22, 2016, or if the trial will be delayed once again. After many years of delays, we look forward to the prosecution of this case, and hope that the trial will not be delayed further.
NHE Meeting Scheduled
On Tuesday, March 1, 2016 at 8 PM CST, I will host an informational web meeting for NHE investors and interested parties to discuss the status and plans for New Horizons Energy, LLC. I will use the same Paltalk room designed for NHHI, and instructions for joining the meeting are the same as for a CMKM/NHHI webinar. If you are an investor in NHE, or want to learn more about the company, please join me on March 1.
I look forward to hosting these events for those who are interested in staying informed, and hope many of you will attend. Thank you.
Steve Kirkpatrick
The next webinar should be soon!
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Litigation Update: 7/15/15 they received a big pile of bank records from WF and have been digging through them since then. Unfortunately these records have not lead to asset recovery as hoped. Due to paper reduction acts WF was in their rights to destroy some of the older records on earlier bank accounts (86 accounts for Edwards alone) that would have helped us.
Most of the documents are for newer accounts and by time we got the info on those accounts, they were not helpful in finding anything. The 2003-2005 accounts were the most critical when most of the alleged criminal activity took place exchanging money were deleted and WF doesn’t have copies. WF is within their rights.
Recently we received several hundred thousand pages of new discovery. That is even a bigger process. There are some new bank accounts that we’ve not seen before. Most of the old ones were for Edwards, but the new ones are for other players/insiders. It’s a very complex pile of information—but our researchers are digging through it.
Criminal Trial: Still scheduled for March of this year…unless they change their mind and move it again. He has not heard anything about it. Hopefully the trial will come off and justice will be served. SK does plan to attend the trial. He’s not been subpoenaed to testify and doesn’t know if he actually will be since his involvement is so long after the criminal activity took place the judgments took place. His knowledge is limited. He could testify to the affects that the criminal action has had on so many people—and how bad the impact has been for so many people.
2015 Review: Very active year in the life of NHHI.
Settled the WF case.
Went through the back/forth litigation on the Nicole Durr judgment and attempted to go overseas and domesticate those assets. Durr came back to the USA and tried to have the judgment overturned. We ultimately won again—and she appealed the second judgment as well.
So now the Supreme Court of Nevada had a mediation hearing in September 15…and at this point, we’re not going to get a full recovery from Nicole Durr. There will be something—but it won’t be for the full face value of the judgment. It’s because she isn’t going to pay what she owes. Her family is extremely wealthy (billions) and has a lot of resources to protect themselves and hammers those they owe money to. Once the dust settles he will report what the company settles for in mediation.
In the case of this Nicole Durr ‘thing’ Casavant loaned her $1.5 million—which SK says could have only come from CMKX share sales—and that’s the monies the company is trying to get it back. Durr never had intent of paying it back and she won’t pay it all…but she will pay something.
Also in 2015 hired a new collections firm. After sitting here for years awaiting on a primary law firm to do some work o the $135 million in judgments that the company currently holds—it was obvious they didn’t have the ability to handle it all and keep their business open. After waiting on them for some time, he hired this other collection firm.
We need a situation where we can accumulate a critical amount of cash to really create a viable business. While we likely won’t get the $135MM, he expects that we can get a significant amount. Yet after the WF fight to get the funds there and the 2-year battle with Durr…he felt he needed someone to really go after it. This is what the company he hired focuses on—collections—and they’ve never had this big of opportunity to go after. Hence, they’re energized to go after it aggressively.
Frizzell, while he has done an excellent job in many ways—and got the judgments—hasn’t had the ability to chase these judgments. So SK went after the outside help. He was in their office the other day and he says they’re really excited and see it as an opportunity to put themselves on the map with some massive and good recovery work. If they’re successful, and we have a lot of assets for them to go after, then CMKM/NHHI can turn those into cash.
SK hoped that the Durr case would have delivered as much as $800K for a settlement with interest. That would have been enough to start building a company. But we’re going to have to bring it in one judgment at a time.
Formation of NHHI, LLC: Affiliated with CMKM in a sense because of the fact that SK manages both companies. It has a similar set of investors—himself with some CMKX investors. In time he believes it will be a benefit to CMKM.
Those are the high points that took a lot of hours to accomplish those things. It’s a slow and painful process of the ashes of a $200MM fraudulent company.
He knows many shareholders have run out of patience—but he doesn’t feel it’s a time to give up—nor to party. The company is moving forward slowly but surely. There is a chance that over time…the company could become something of value…or transaction of some deals that will bring value.
The Website: The Newsmax link pays a per-click fee for people looking at the trending news. It was advertised to him that it would include news items people would actually be interested in. As it turns out it devolved into a supermarket rag type site. So he took it down from the website altogether.
The Amazon link is still on there and it produces close to $100 per month from those who use the link to purchase items they do from Amazon by way of commission to the company.
Oil & Gas: In anticipation of any monies to be had from the company’s legal actions…he looked at several things a company could expand into. With 50,000 shareholders and approximately 700 billion shares with just over $200 million invested…he needed to look for something that would deliver a return large enough to pay the investors their money back. So as he researched what wealthy people became wealthy from…O&G has made more millionaires and billionaires than any other industry and he believed presented the best opportunity for the company to develop into.
>> And at this point SK’s audio dropped out completely. I sent him a text…been waiting and apparently he has not been able to re-establish audio for the webinar. <<<
He’s back.
Started pursuing the O&G option when oil was $100 a barrel and he feels that the drop has worked in the favor of the company. So now the company is getting in when the cost of entry is much lower—in addition of having no debt. He still thinks the company is on the right track and is the direction the company has to go to build a company valuable enough to get shareholders their money back and possibly return to trading.
He doesn’t anticipate a quick return and foresees oil to be normal at $50-70 per barrel and that will bode well for NHHI.
He is now providing a historical view on the O&G industry and its current financial challenges. He is networking with others (foreigners and old-timers) in the industry trying to see if there is some kind of JV opportunity.
He is in the process of applying for an operator’s license which ultimately will provide more money for the company…and attending some trade shows where the industry trades/sells. His purpose is to network with others in the industry.
NHE: the fundraiser has gone well there—and he plans to close it out in a few days. There’s room for a handful more investors to get involved.
The business plan remains the same with a few tweaks. The company now has an equity stake from NHE that will provide benefit for NHHI(CMKM) eventually. He hopes to grow a revenue and profit stream that has regularity and exponential growth.
Taxes for 2015 will be filed in September 2016, and we will not see the WF settlement until then.
“That’s where we are and where headed.” --Steve Kirkpatrick
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Jeffrey is having a hard time, all his motions being denied
Bruce Harlan will be allowed to testify about conversations he had with Turino.
This one denied about having inflammatory and untrue statements omitted from Indictment. Jury will see it in its original form.
Harlan, Spooner, Jeff Mitchell & witnesses (who otherwise might be named in Indictments) supplying information to the FBI regarding Turino, all on deck to testify.
Turino remains 5 years 4 months incarcerated. Not looking good for him. No motion to split from CMKM case as of yet.
Compliments of Pacer. Short documents are once in a while provided to clients. Copy and paste for easier reading
This matter is before the Court on Defendant’s Motion to Strike Surplusage (#351), filed on
August 23, 2015. The Government filed its Opposition to Defendant’s Motion to Strike Surplusage
(#364) on September 9, 2015 and Defendant filed his Reply (#369) on September 15, 2015. The
Court conducted a hearing in this matter on October 16, 2015.
BACKGROUND
The Grand Jury returned a Second Superseding Indictment (#63) against Defendant Turino
on March 24, 2010, charging him with the following: (1) conspiracy to conduct or participate in
racketeering activity in violation of 18 U.S.C. § 1962(d); (2) conspiracy to sell unregistered
securities, to make false statements to the SEC, to evade filing periodic reports, and to commit
securities fraud and insider trading in violation of 15 U.S.C. §§ 77e, 77q, 77x, 78m, 78j, and 78ff;
(3) conspiracy to commit securities fraud in violation of 18 U.S.C. §1349; (4) three counts of
fraudulent interstate securities transactions in violation of 15 U.S.C. §§77q and 77x; (5) four counts
of securities fraud and insider trading in violation of 15 U.S.C. 78j and 78ff; (6) two counts of
securities fraud in violation of 18 U.S.C. § 1348; (7) fraudulent interstate securities transactions in
violation of 15 U.S.C. §§ 77q and 77x; and (8) conspiracy to commit money laundering in violation
Case 2:09-cr-00132-JAD-GWF Document 403 Filed 01/14/16 Page 1 of 3
of 18 U.S.C. § 1956(h). The second superseding indictment also sets forth several forfeiture
allegations. See Second Superseding Indictment (#63).
In his motion, Defendant requests the Court strike several paragraphs and portions of
paragraphs1 of the indictment which he believes “amounts to prejudicial, inflammatory and
irrelevant allegations” and should be striken as surplusage. Motion to Strike (#351), 2:22.
Defendant also asserts that the Government attempts to impermissibly argue its case in several
instances throughout the indictment. The Government argues that an indictment, by its nature, must
contain inculpatory facts and that Defendant has failed to show how the information contained
therein “is improperly inflammatory or carries any potential for prejudice beyond its intrinsically
inculpatory nature.” Opposition (#364), 3:6-7.
DISCUSSION
Pursuant to Rule 7, an indictment “must be a plain, concise, and definite written statement of
the essential facts constituting the offense charged... .” Fed.R.Crim.P. 7. Rule 7(d) provides that
“Upon the defendant's motion, the court may strike surplusage from the indictment or
information.” “The purpose of a motion to strike under Fed.R.Crim.P. 7(d) is to protect a defendant
against ‘prejudicial or inflammatory allegations that are neither relevant nor material to the
charges.’” United States v. Terrigno, 838 F.2d 371 (9th Cir. 1988) (quoting United States v.
Ramirez, 710 F.2d 535, 544–45 (9th Cir. 1983)). An indictment is inculpatory by nature and a
defendant must demonstrate how an individual statement is improperly inflammatory or prejudicial.
See United States v. Whittemore, 2013 WL 1181915 (D. Nevada 2013). However, while facts in the
indictment “may be somewhat prejudicial,” they should not be stricken if they are “relevant and
material to the charge[d]” offenses. Terrigno, 838 F.2d at 373. Further, “if language in the
indictment constitutes information that the government hopes to properly prove at trial, it cannot be
considered surplusage no matter how prejudicial it may be as long as the information is legally
relevant.” United States v. Gerlay, 2009 WL 3872143 at *1 (D. Alaska, 2009).
1 Defendant’s motion lists 28 items which he requests the Court strike from the indictment. Each
item specifies the language sought to be striken and provides a reason for each request. See Motion to Strike
Surplusage (#351).
2
Case 2:09-cr-00132-JAD-GWF Document 403 Filed 01/14/16 Page 2 of 3
Having reviewed the indictment and pleadings on file in this matter, the Court finds that the
contested paragraphs and portions of paragraphs are relevant to the charged conduct and therefore
should not be striken from the indictment as surplusage. The indictment alleges Defendant and his
co-defendants conspired to sell hundreds of billions of unregistered securities through various
corporate shells beginning no later than 1997. See Second Superseding Indictment (#63). The
identified paragraphs and portions of paragraphs provide context and clarity to the indictment as
whole and lay out the factual specifications of Defendant’s and his co-defendant’s alleged conduct
during the alleged conspiracy. Therefore, the Court finds that the allegations in the indictment are
not inflammatory or prejudicial beyond their intrinsically inculpatory nature. Rather, the statements
are relevant to describe the facts and circumstances surrounding the alleged conspiracy. Further,
counsel for the Government has stated that the Government does not intend to read the indictment to
the jury at trial. Accordingly,
IT IS HEREBY ORDERED that Defendant’s Motion to Strike Surplusage (#351) is
denied.
DATED this 14th day of January, 2016.
______________________________________
GEORGE FOLEY, JR.
United States Magistrate Judge
Read more: http://tfant53.proboards.com/thread/10598/new-document-turino-free-pacer#ixzz3yl2OtTNX
RE: Webinar #51 Rescheduled Due to Paltalk Technical Problems To All ...
January 29, 2016
RE: Webinar #51 Rescheduled Due to Paltalk Technical Problems
To All CMKM/NHHI Shareholders:
The NHHI Paltalk room would not function properly last night, so I was unable to host the scheduled Webinar #51. I worked with Paltalk’s Help Lobby 1 room in an effort to resolve the problem, but without success. Paltalk eventually had to shut down the entire system for 15 minutes to reset, and the room now seems to be working properly.
As a result, I have rescheduled Webinar #51 for Saturday night, January 30, 2016 at 8 PM CST. Here are instructions for joining the meeting:
:
1. Download Paltalk Messenger (free download) and log into Paltalk. 2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”. 3. When the room is open you will see the name “New Horizons Holdings, Inc.”. 4. Click on the room to join the meeting.
I apologize to those that logged in to the meeting last night – it was indeed a frustrating night as I frantically attempted to get the room to function properly. Hopefully, everything will function well on Saturday night, and I look forward to seeing many of you there.
:
NHE Website
I have taken the NHE website down temporarily for some construction and modification. The website will be back online soon, and will provide regular updates on the status of NHE’s pursuit and purchase of oil/gas assets in Texas, of which CMKM/NHHI is a stakeholder.
Thank you and God bless!
Steve Kirkpatrick
Webinar #51 Scheduled, Update on NHE Offering
To All CMKM/NHHI Shareholders:
I have scheduled CMKM/NHHI Webinar #51 for Thursday night, January 28, 2016 at 8 PM CST using the Paltalk room designed for NHHI. Here are instructions for joining the meeting:
:
1. Download Paltalk Messenger (free download) and log into Paltalk. 2. Look under the heading “Business and Finance” rooms and under the subheading “Investments”. 3. When the room is open you will see the name “New Horizons Holdings, Inc.”. 4. Click on the room to join the meeting.
As always, I will cover the latest CMKM/NHHI news and will answer questions from attendees.
Update on New Horizons Energy, LLC (NHE) Private Placement Offering
The NHE Reg D 506b offering is going well, but I still have room for four more non-accredited investors to participate in the investment, along with an unlimited number of accredited investors. Crude oil prices continue to slide lower due to a worldwide oil supply glut, a strong US dollar, and the Saudi Arabian effort to decimate US shale oil producers by driving oil prices as low as possible. In spite of the financial stress created for many by these very low crude prices, the opportunity to purchase oil production at bargain prices still exists, and the deals are becoming more numerous.
NHE will be in a favorable position once the Reg D offering is closed out. The company will be debt-free with virtually no overhead, and will be prepared to purchase oil assets at historically-low prices and to survive at $15 - $20/barrel oil prices.
One of the objectives of NHE is to help CMKM/NHHI accelerate the process of building a legitimate business from the ashes of a major stock fraud. If you have an interest in learning more about NHE please check the NHE website (www.newhorizonsenergyllc.com) or contact me. Thank you.
Steve Kirkpatrick
stevek@cmkmdiamondsinc.com
Read more: http://tfant53.proboards.com/thread/10577/webinar-scheduled-update-nhe-offering#ixzz3ybPH3kZz
I was in the Philippines for a few weeks and did not know anything about it.
I still have mine!!
well.....still nothing!
Hmmmmmmm....waiting!!!
Is anyone still in this stock?
Still no news!!!!
Any news?
lolol.....volume 1 share!!!
This is going no where!!!