CMKM Diamonds Inc. (fka CMKX)

[IQ1]

http://sec.edgar-online.com/2005/10/24/0001077048-05-000578/Section3.asp

Under the terms of the agreement between CMKM and United Carina on October 23,
2004, CMKM was obligated to spend a total of $500,000 on exploration of the
Hatchet Lake properties over the 12 months from the date of the agreement. CMKM
does not have the necessary capital to meet this obligation and has therefore
defaulted under the terms of the agreement. Furthermore, due to the ongoing
Securities and Exchange Commission investigation currently being conducted, CMKM
has been unable to raise the necessary capital needed to meet the requirements
of the above mentioned agreement. Since CMKM was not able to meet its
obligations to United Carina, CMKM deemed it to be in the best interest of CMKM
to assign its interest in United Carina to Entourage as described in Item 1.01
above.


On October 20, 2005, the agreement between CMKM and United Carina was officially
terminated upon the signing of the Assignment Agreement with Entourage Mining.
There are no material early termination penalties as a result of the agreement
being terminated, but CMKM has consented to and agreed to hold harmless
Entourage for entering into the new agreement with United Carina.


Nevada Minerals Default



CMKM defaulted on its agreement with Nevada Minerals, Inc. dated July 19, 2004,
due to CMKM not being able to provide the capital needed for maintenance,
drilling, and exploration expenses for the Forte Diamond property of
Saskatchewan. On October 20, 2005, the agreement between CMKM and Nevada
Minerals was officially terminated upon the signing of the Mineral Property
Purchase Agreement between CMKM and Entourage. There are no material early
termination penalties as a result of the agreement being terminated.

So looks like they pocketed our money instead of keeping the mine !!!!!!!!!!!!!!

Although we did have valuable claims containing Uranium as was proved by Entourage. This is a fact !

Why did they let those lapse ?????? I don't understand how the individuals of these companies can not be held liable.
Entourage must be held liable for this failure.
Stupidity is no excuse.