FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com
Greetings CMKX Owners Group members,
This office is aware that a large number of shareholders have not received their certs from their brokers. Some shareholders are being told they will not receive their certs by the current deadline of March 15, 2006. The company plans to respond on March 15, 2006 by way of an official press release. This upcoming press release will address many of the questions that are now being asked about the need for additional time to obtain your certs. The question of adequate notification of shareholders will also be addressed. This press release will be coming from Mr. Stoeckleins office.
This office has been working closely with the transfer agent in the last month or so. We have been provided with a current shareholder list based on certs issued by First Global Stock Transfer. These lists contain the names of all shareholders whose certs have been issued through the present. Our list also includes activity by certificate holders that have liquidated their positions. We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point. We are closely monitoring the situation with the transfer agent.
We began moving my offices on February 28, 2006. This move has allowed us to upgrade the fax system that was originally designed by our tech people. During the move we consulted with Ma Bell representatives and other IT people and made some minor modifications. The fax system is working much more efficiently now. If you are attempting to get your cert added to our list, try the fax method before mailing your cert to us. The fax number is 903-595-5394. Your patience is appreciated. I acknowledge we had some breakdowns along the way but I am proud of the work and effort my staff has put into this project. They have been diligent in handling the problems and trying to answer questions and concerns of the shareholders. We are dealing with massive amounts of information and extremely large files. We are receiving several hundred certs a day and we have ramped up staff to get the data entered.
Many of you know about the new confirmation system that our staff has developed. You can now confirm that your certs have been included by clicking on the appropriate place on the task force web site and follow the instructions. www.cmkmtaskforce.com As with any new technology application or new programming feature, we expect to have some glitches. We are dedicated to resolving the problems that come up and we appreciate your understanding. If you have used the cert confirmation feature and have found that one or more of your certs are not in the system, please simply refax the certs that are missing to our office. Calling to tell us your certs have been omitted does not get your certs into the system. This has happened on a few occasions and we hope to get all bugs worked out. Refax and this should solve the problem. If you have recently ( in the last day or two) sent in your certs, please allow a couple of days for our office to input your cert before checking this site due to the current influx of certs.
Creating this data collection system and hiring the staff to record this data has been expensive and time consuming. Urban Casavant has spent over $100,000 since November of 2005 to pay for the costs of collecting this information. I expect additional expenses and Urban has assured the task force that all expenses will be paid by him so that all shareholders will benefit from this distribution.
This office has received communications from many brokerage houses about problems they are having in complying with this request for certs. I am especially concerned about certain brokers that are withholding certs from their customers for some reason unknown to us. It is apparent from recently obtained shareholder lists that certs have been issued by the transfer agent but some brokerage houses are not sending the certs to their customers. We will continue to monitor this situation.
If you have not received your certs you should continue calling your broker to find out why you have not received them.
I recently spoke with Greg Kennedy at Entourage Mining. Greg is considering a mail out to all shareholders with an update on the progress of Entourage. Greg believes it is important for the shareholders to know of his company progress and he is looking at various ways to communicate with such a large group of shareholders. Although his company stock has not been distributed at this time, I have offered to be of assistance to him in such an endeavor.
I get email daily from many of you wanting me to comment on various rumors that continue to circulate. I hear of new rumors each day. I am not privy to any discussions about settlements with any third parties. I do not know of any payouts or pending distributions. If there is any such activity ongoing, I am not being included in any such discussions.
I will have more to comment on when the company releases its statement on March 15, 2006.
Onward!
Bill
