Fung, shareholders can only find a car wash business which they love to use to chide him. It was lucrative and legitimate, but not defining at all, nor the only thing, by far, what Steve has done in his life.
He's had a life long successful career in business. If he wants to tell shareholders all the many entities,he did business for in private sector, I guess he will. Think It's safe to assume, none of those people want to hear from the CMKM shareholder nut brigade...
He had amassed well over over $1 milion net worth when he came on board with CMKM Diamonds. Not too shabby and most likely the only qualified legit person, to ever be CEO.
The guy Urban picked, his disciple at the time, Urban told Kevin West, he was worth, $10,000 per month salary. In a company Urban left $558.50. Immediately after Urban transferred by bank wires, hundreds of thousands of dollars to Canada for himself, just prior to fleeing Las Vegas.
That's what the worth shareholders held in esteem from Urban.
$214.58 more at the end, than the $344 shareholder equity from Cyber Mark, held throughout Urban's whole tenure.
Steve did not adopt a $10,000 per month contract himself. Although Jim Lowden to quickly get out of CMKM, just handed everything over to Steve, blank check. Write your own ticket. That has cost Steve a fortune. Not making one for him.
Past management and their attorney, represented to Steve that there was at the time, $135 million in judgments, vast collections work, by the attorney, would provide plenty of working capital. Plus, they all knew in advance shareholders were going to sue the company. Steve was served one or two days after Steve was announced as new President and CEO of CMKM Diamonds. -S-e-t u-p- you could smell rubber burning on the pavement from West and Lowden, BOD leaving the CMKM scene.
Everybody jumped ship except Bill Frizzell. The cash cow was now dead, with $1 left in the bank for that "working capital. Steve had to put his own personal money into this, without any money coming back to him, in salary or compensation for his 6 1/2 efforts. He could have run out on shareholders like everyone before him, but he didn't.
He kept the doors open so DOJ could pursue justice, as the only shareholder of the only existing company out of 9 companies, from where indictments sprang.
DOJ has said, they will truncate trial in June, which will produce a trial or plea agreement offers from defendants. The DOJ has rejected their offers bcuz those 3 do not feel they deserve prison time.
Kirkpatrick went the distance to give and keep alive, the DOJ - their federal case which began with 11 defendants. As the only "existing" victim shareholder base left and the longest.
If CMKM/NHHI cannot through asset recovery gain working capital, it makes little sense to continue this way, past convictions of 3 remaining defendants.
Steve moved his family to Texas several years ago. Visiting onsite field work with experienced professionals, meeting and conferencing, learning from those who know oil and gas the best.
It isn't he doesn't have the right plan or experience, it is the lack of working capital and IF that will happen or is possible.
Plus the factor Frizzell wrote himself by contract, legal and upheld in Texas, into the future of CMKM, on every dime collected by the company on any judgment, settlement, without an expiration date, known shelf life date. Kevin West signed. Whether he lifted a finger on it or not. It is senseless with Edward's having died, the complexities, expense of pursuing anything not now already on the table. Just another reality.
Steve:
"Trading again will require that NHHI have actual operations, regular income from operations and real and significant PROFITS. The sheer cost of the legal work and the groundwork necessary to trade again will require a very large investment. So, the next month or two will give us a strong indication if NHHI will survive and thrive, or if it will fail."
It's the only, and last shot left. Last train outta Crazyville. The end.
Al Hodges could never have helped shareholders. Al nor his insane "sources" call any shots, run, operate or work for CMKM/NHHI, not the Principal of the company. have no authority or permission, to do anything, or receive anything CMKM, Or more information, than, any other plain, ordinary shareholder in this stock.
It is utterly hilarious, that shareholders believe since Jan 2010, for the last 100 months now, 8 yrs 4 months, that zero documentation Al, even could.
Al recently and finally admitted, he has no documentation only by oral communications from his sources. Yet, it continues..Fantasy Island is 1,000 miles down the road, from CMKM Reality, then go West 25 miles to Slickpoo, in the Kingdom of Urban, and One Million Millionaires.
