CMKM Diamonds Inc. (fka CMKX)

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Cmark International Inc (RB:CMKI)
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By: trixijude
23 Jan 2011, 05:26 PM EST
Rating: Msg. 990029 of 990030

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How about this:


Re: ***Rumor Discussion Thread***
« Reply #212 Today at 1:49am »

by: tramp

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citigroup-inc-announces-consent-solicitation-for-the-holders-of-the-6-00-capital-securities-trups-1436981.html

Citigroup Inc. Announces Consent Solicitation For the Holders of the 6.00% Capital Securities (TRUPS(R)) of Citigroup Capital XI
Posted on: Fri, 21 Jan 2011 08:30:01 EST


Symbols: C, CXSCF

Citigroup Inc. ("Citigroup") today announced that it has commenced a consent solicitation (the "Consent Solicitation") from holders of record at 5:00 p.m., New York City time, on January 21, 2011 of the 6.00% Capital Securities (TRUPS(R)) of Citigroup Capital XI (the "Covered Securities") to terminate each of ten capital replacement covenants (collectively, the "Capital Replacement Covenants") executed by Citigroup in connection with various securities offerings (the "Securities"). The proposed termination of the Capital Replacement Covenants requires, among other conditions, the instruction to consent (the "Consent") of the holders of at least a majority in aggregate liquidation amount of the Covered Securities outstanding. The complete terms and conditions of the Consent Solicitation are as set forth in Citigroup's Consent Solicitation Statement dated January 21, 2011 and the related Consent Letter (together, the "Solicitation Documents"), to be distributed to holders of the Covered Securities for their consideration. Holders are urged to read the Solicitation Documents carefully.

Under the terms of the Capital Replacement Covenants, Citigroup may only repurchase, redeem or repay the Securities if a specific portion of the funds used are proceeds of the sale of equity or certain equity-like securities and if such sale took place within a specified time period prior to such repurchase, redemption or repayment.

The Consent Solicitation will expire at 5:00 p.m., New York City time, on Thursday, February 17, 2011, unless extended or earlier terminated by Citigroup (the "Expiration Time").

If Citigroup receives the valid Consents of holders of at least a majority in aggregate liquidation amount of the Covered Securities outstanding (the "Requisite Consents"), holders who validly deliver their Consent by the Expiration Time in the manner described in the Solicitation Documents will be eligible to receive a consent fee of 0.50% of the liquidation amount of Covered Securities as to which such Consent was validly delivered. Consents that have been delivered on or prior to the date on which the Requisite Consents have been obtained (the "Consent Date") may be revoked on or prior to the Consent Date but not thereafter. Consents that have been delivered after the Consent Date may not be revoked at any time. If the proposed termination of the Capital Replacement Covenants is approved, the termination will be binding on all holders of the Covered Securities, including those that did not deliver their Consent, and only holders validly delivering their Consent will receive the consent fee.

With respect to any Consent accepted by Citigroup, we will pay the relevant soliciting dealer a fee of 0.50% of the liquidation amount of the Covered Securities as to which the Consent was validly delivered, provided that such fee will only be paid with respect to Consents by a beneficial owner of Covered Securities having an aggregate liquidation amount of $250,000 or less.

Copies of the Solicitation Documents may be obtained by holders of the Covered Securities from the Information Agent for the Consent Solicitation, Global Bondholder Services Corporation, at [phone].

Citigroup Global Markets Inc. is the Solicitation Agent for the Consent Solicitation. Questions regarding the Consent Solicitation may be directed to Citigroup Global Markets Inc. at [phone] (toll-free).

None of Citigroup, Citigroup Capital XI, the Information and Tabulation Agent, the Solicitation Agent or any of their respective affiliates makes any recommendation as to whether holders of the Covered Securities should deliver their Consent to the proposed termination of the Capital Replacement Covenants pursuant to the Consent Solicitation, and no one has been authorized by any of them to make such a recommendation. Each holder of the Covered Securities must make its own decision as to whether to give its Consent.

THIS NEWS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE A SOLICITATION OF CONSENTS.

THE CONSENT SOLICITATION IS BEING MADE ONLY PURSUANT TO THE SOLICITATION DOCUMENTS THAT THE INFORMATION AGENT WILL DISTRIBUTE TO HOLDERS OF THE COVERED SECURITIES. HOLDERS OF THE COVERED SECURITIES SHOULD READ CAREFULLY THE SOLICITATION DOCUMENTS PRIOR TO MAKING ANY DECISION WITH RESPECT TO THE CONSENT SOLICITATION, BECAUSE THOSE DOCUMENTS CONTAIN IMPORTANT INFORMATION, INCLUDING THE VARIOUS TERMS OF, AND CONDITIONS TO, THE CONSENT SOLICITATION.

Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Certain statements in this release, including without limitation the consummation of the Consent Solicitation, are "forward-looking statements" within the meaning of the rules and regulations of the SEC. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors, including without limitation the Consents received in the Consent Solicitation and the precautionary statements included in Citi's filings with the SEC, including without limitation the "Risk Factors" section of Citi's 2009 10-K.

SOURCE: Citigroup Inc.

Citigroup Inc., New York

Jon Diat, 212/793-5462

« Last Edit: Yesterday at 5:57pm by tramp »


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By: haney

Sounds like our trust was just released.....
Ricky


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By: tramp

ok.. how to start, but many of us think what haney stated...our cmkx, nss trust was just released... and we will soon find out if the packet contains this same information....

I have been told years ago, and i do mean years, our trust was located at citi... it was seen by a high mucky muck and knew one of our shareholders and called and told them....AND.. IN CHICAGO...

and where did the chinese president
now 2nd dot...

CITI is the only USA BANK EVER to make a footing in china, with a controlling interest in china, they just don't allow foreign banks in, but citi was allowed...

we know they are partners with us and urban and ibm made many trips to china and they also kept buying the treasury bonds which the usa corp was trying to get them to buy the debt to keep them running...

think IBM went there for the chinese food only?

and, they are the 'lienholder'

our trust has been moved many times we just found out to keep it safe and where better place to hide it than china itself, citi is there, they are our partners, and it would be safe and secure...
3thd dot....
AND..CITI WAS OUR CAR SPONSER

AND, it's said with some validity,Urban was given a $5Billion line of credit was this was being cleaned up so he could continue what he was doing in putting together theMineral Superstore with IBM, while we waited...

the president we were told was not leaving the USA, untill the WGS was funded, which turns on the new banking system, the dollar refunding, which makes our F & P us treasury check...GOOD and cashable...

if this pr is in the packet, well, then you know, but all the signs says...YES...



and the timing of this is impecable...

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By: tramp

and you might want to read this and pay attention also, and again thanks to nalmann.. ..

"noninterest-bearing transaction account"


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Financial Institution Letter

Coverage, Disclosure, and Regulatory Reporting Revisions for Interest on Lawyers Trust Accounts (IOLTAs) FIL-2-2011
January 21, 2011


Summary: The FDIC Board of Directors (Board) has issued a final rule to implement the December 29, 2010, amendment to the Federal Deposit Insurance Act (FDI Act) to include Interest on Lawyer Trust Accounts (IOLTAs) within the definition of a "noninterest-bearing transaction account" for purposes of the temporary, unlimited deposit insurance coverage afforded to such accounts by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). In addition, this amendment to the FDI Act affects year-end 2010 regulatory reporting by insured depository institutions (IDIs).



Distribution:
FDIC-Insured Institutions

Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2011/fil11002.html

The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe.


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By: tramp

the fdic ruling was back in oct/nov, and i got that email about it and the bank i am using down the road from me, the bank manager said she had the fdic ruling and info there at the bank, they are treasury compliant, which you and everyone wants to have.. just ask.. are you a treasury bank and treasury compliant...

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By: Lt KK

Re: Citigroup Info/PR....
« Reply #19 Today at 11:13am »

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The last stop for the Chinese Pres. was Chicago...a big Headquarters for Citi bank. Lt.KK

Trixi

Scammed Xer's Exhibit Endless Boundaries of Insanity.