CMKM Diamonds Inc. (fka CMKX)

[zeninvestor32]

POSTADDENDUM RE: STERLING SHARES

I do not know under what standards Sterling would distribute his shares. If it is to shareholders who showed up at races and signed a list, I have vehement disagreement with this process. Those that could afford to attend a race may be "loyal" but they are likely not "needy". The fact that the "needy" are lumped into this group would not sway me either if ANYONE were on the list simply by attendance. If any shareholder gets these shares that is not "in need" at some level, I would feel this process is significantly flawed. If Urban gave shares to Sterling to distribute to those in need, I bow to Urban (even though I wish the process were still different). If Urban gave shares to Sterling to distribute to those in need AND SEPARATELY to those who have "demonstrated loyalty", then I believe the process is severely flawed. As a shareholder I would have no interest in certain shareholders being identified as "loyal" through means not known publicly. While I assume it's all legal as per Roger Glenn's signoff, I simply wouldn't care for it being done.

Accordingly, I would propose that someone with web experience establish an online petition to voice our concern publicly to Urban. Again, Urban's charity is to be commended. Since we know very little about what qualifies as "charity" and how this process is being handled, I would protest simply that it be handled differently. Whereas the intention may have been to show shareholders that Urban is giving and has everyone's best interests at heart, in fact it may have produced the opposite effect unintentionall. Right now a lot of shareholders are confused and they should be. Nobody knows the mechanisms or decision-making process and, as we all know, in the absence of information, much anxiety results.


I feel like DeNiro in "Analyze This" who responds to Billy Crystal screaming "You tried to shoot me!!" with "Yeah, but I was conflicted." LOL I hate saying anything negative about such a charitable gesture. BUT I will always stand on a BUSINESS FIRST philosophy and I believe after thinking it over for a night, that this is a percentage of our company and shareholders should at least have greater understanding of the process for distribution and an opportunity to express support or rejection. This company is still about BUSINESS and DIAMONDS and CURRENT shareholders, not yet about future charities. Whether Urban has to listen to our opinion, given that he's the majority shareholder is probably irrelevant. He'll do what he wants probably. But still, maybe we should have a say in this.

And again, doesn't matter to me in terms of my investment or my belief in the company.