for the record.............
by Lee M. Webb
Entourage Mining Ltd., a Vancouver-based company trading on the OTC Bulletin Board, has scrapped one of three recently announced Saskatchewan property deals involving CMKM Diamonds Inc., Urban Casavant's revoked pink sheet woofer.
On Dec. 5, Entourage disclosed that it had terminated an agreement to acquire CMKM's purported fully paid 36-per-cent stake in a group of Saskatchewan mining claims rather optimistically known as the Forte Diamond property in exchange for five million shares.
The five million Entourage shares that were to be issued to CMKM under the now cancelled Forte deal were part of 50 million Entourage shares Mr. Casavant's revoked pink sheet promotion claimed would be parcelled out to shareholders under a peculiar liquidating distribution of assets as the penniless company wound up its affairs.
CMKM's Entourage bounty, representing the company's only assets, is now down to 45 million shares that have not even been issued yet.