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Re: fung_derf post# 69365

Tuesday, 08/03/2004 12:49:08 PM

Tuesday, August 03, 2004 12:49:08 PM

Post# of 358439
<< Lawyers by definition deal with criminals on a daily basis!! >

You're only partially correct...Criminal lawyers deal with criminals everyday... Securities law has to do with corporate governance, M & A, underwriting debt & equity financing, SEC reporting etc etc.

WHEN ARE YOU GOING TO REALIZE that Glenn is not a criminal defense lawyer:

Urban Casavant, announced today that the company has begun working actively with D. Roger Glenn of Edwards & Angell, which it earlier retained, in connection with securities and corporate issues faced by the company

Glenn stated, "We have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal.

D. Roger Glenn, CMKM's counsel, stated, "I will be traveling to Saskatchewan with the company's management to expand my knowledge of the company and its business in order to facilitate the company becoming fully reporting."

<< And if this deal works out well for the company, but not for the shareholders, you think Roger's reputation will be hurt?? >>

Yes I do. Urban Casavant stated in Las Vegas today that, "hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders.

If there are 400 Bil O/S there is no company, it was simply a printing press...

<< On the contrary, every penny stock CEO in the world will be after him. >>

You're right, look at his resume...he's really going after those penny stock clients...LOL
I'm sure his firm would love the reputation of being good at scamming investors. If the O/S is 400 Bllion something very shady went on, something a former SEC enforcement agent with over 20 years of experience could spot with his eyes closed. Thus if there are 400 Billion O/S Gleen is in fact complicit..

<< Making money through venture capitalism? >>

A corporate printing press is not venture capitalism. Definition: An investment in a start-up business that is perceived to have excellent growth prospects but does not have access to capital markets. I would say the stock market is a pretty big capital market...wouldn't you?

<< Since when is that illegal? >>

When you say your retiring shares PUBLICLY and then do the exact opposite there is a problem. It may not technically be illegal, but certainly is dishonest, and would be deletorious to Glenn's reputation.

<< What does Roger have to do with the O/S? He's never stated what it was! >>

He is securities counsil for the company...I think he would have an idea of what the O/S is

<< I really think people here have a poor grasp on the business world. >>

Out of curiousity, what do you do for a living and what school did you receive your MBA from?

TIA








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