CMKM Diamonds Inc. (fka CMKX)

[jimmym4]

February 15, 2012 To All CMKM Shareholders
To All CMKM Shareholders:
http://www.cmkmdiamondsinc.com

Greetings to all of you – I sincerely hope that you and your families are doing well so far in this New Year. Much has been happening on the inside with CMKM, and I want to update you as to many of the ongoing efforts being put forth on your behalf:
Company Headquarters
The company records and documents have recently been relocated to my office/warehouse in Alabama. I am providing use of my office facilities at no cost to the company, as it was absolutely necessary to reduce company overhead to the lowest possible level at this time.
I have hired the local accounting firm Madeley and Associates to take over the company accounting, and they will be filing the 2011 tax returns for CMKM. I hope to have the returns filed by March 15, 2012, and will post the return on the CMKM website when completed.
The new company address is as follows:
720 Airport Drive Lincoln, Alabama 35096

Update on Legal Matters
I will be meeting with a prominent law firm this month to discuss the possibilities of pursuing a Naked Short action against various entities that could have harmed the company in the past. I hope to be able to retain this firm on a contingency-only basis, but will meet with other firms if we are unable to strike a deal. I am hopeful that a law firm can be found to pursue this legal avenue for us.
Our legal team met with counsel for Wells Fargo Bank last week to discuss our ongoing lawsuit against the bank. We intend to pursue every legal strategy available to recover from damages we believe were caused by the bank. I will update you further as I am able to discuss with more clarity.
We continue a diligent effort to locate and obtain possession of numerous properties and assets that we believe were bought with CMKM funds by former company insiders. This effort has already produced revenue for CMKM, and I believe it will be a significant revenue source in 2012. I will be personally visiting several of these properties in March to begin formulating a plan to sell or make use of these assets.
Our property in Clayton, Georgia is listed for sale, and is being actively marketed. We hope to find a buyer very soon.
I will keep you updated on these efforts, and others that cannot be discussed at this time.

Upcoming Travel Plans
As previously mentioned, I will be meeting this month with a law firm the Naked Short action. Looking ahead to March, I will be making a long trip out West to look at various properties in Las Vegas and California that we plan to obtain in the near future.
On this same trip, I plan to meet with our new local counsel in Las Vegas, who will be very important to us in the Wells Fargo lawsuit, and in other legal actions in that area.
I am planning a meeting in March with our partner in the 1010 Joint Venture, Mr. Emerson Koch. I look forward to meeting with him, and continuing to affirm our commitment to that Joint Venture. When the spring thaw comes to Canada, I plan to put “boots on the ground” and visit the 1010 claims lands.
While in California, I hope to be able to meet with Mr. Al Hodges. I have not asked for a meeting nor confirmed a meeting with Mr. Hodges, but will contact him soon to ask to meet and shake hands in person.

Company Webinars
In a continuing effort to provide transparency to the shareholder base, I will begin a series of Shareholder Online Meetings or Webinars in April, 2012. I will hold at least two of these meetings in April, 2012 and at least two in May, 2012. I will hold at least one meeting online each month from that time forward. These meetings will be limited to 1,000 participants on a first-come basis. The meetings will involve general statements and updates from headquarters, plus a question-and-answer session. The meetings will be recorded and archived on the CMKM website for review.
I have done the one Pal Talk session recently and personally enjoyed the event, and felt that it was beneficial. I have been invited to participate in other forums as well. However, it has become clear to me now that many shareholders are polarized or have their favorite board, Pal Talk room, or other venue for discussion. I have no desire to alienate any shareholder by participating in a forum that might seem polarized. I have no agenda but to serve the shareholders, and to build unity and trust with each one of you. As a result of my commitment to build unity and trust, while providing the needed information and feedback, I will exclusively use the CMKM website for updates, and the company Webinar format to hold live events.

Board of Directors
The company will hold an online vote on September 30, 2012 for two Shareholder Representatives that will serve on the Board of Directors. These Shareholder Representatives will be considered full Board members, with the same voting rights as other Board members. The company will seek candidates for the Shareholder Representative positions between July 15 and August 15, 2012.
I will appoint up to four non-shareholder Directors prior to the vote on September 30, 2012. I am interviewing potential Directors at this time, and seek to have a strong, diverse Board to help me move CMKM forward into the future.
I will update you as the process of putting this Board of Directors together comes together.

Summary
I have had the privilege to communicate with many shareholders by phone, by e-mail, and by text since coming aboard on November 18, 2011. I have enjoyed meeting each of you, and appreciate your kindness and support, as well as your candor and passion for the CMKM cause. By and large, we all have a common goal and desire – to see CMKM provide a return on your investment that is long overdue.
I can assure you that a tireless effort is underway to put CMKM back on solid footing, and to make you proud that you invested your hard-earned money in this company.
I will communicate again soon. In the meantime – take care, and God bless….
Steve Kirkpatrick [e-mail]