CEO Update 06/29/07

[kenshin7]

all CMKM shareholders:
6-29-07

CMKM attorney Bill Frizzell is going to provide you with today’s update as provided below. We would like to wish everyone a safe and happy 4th of July holiday.

Sincerely,

Kevin West
CEO & Chairman

To CMKM shareholders,

I have advised Kevin not to answer specific questions regarding litigation matters. It is not legally appropriate for a CEO to discuss company business that is in litigation with shareholders or other third parties. For this reason, I have agreed to update you in a general fashion on certain matters.

A Wells Notice was issued to the company in February of 2007. The attorney representing the company at that time failed to timely respond to the notice. The allegations in the Wells Notice involve matters that occurred while Mr. West was not involved with company management. A full and complete response by the company requires information which we are seeking at this time through the Courts. I have discussed this matter with the SEC and I am confident the company can make a full and complete response in cooperation with the SEC.

We have obtained financial records of the company from several banks and brokerage houses beginning in 2002 and continuing to the present. It is taking an extraordinary amount of time because of the sheer volume of records that were generated over the years. These records are necessary for the preparation of audited financials. When Kevin assumed his position of CEO, he was told by various lawyers and former insiders there have never been any official books of the company. There has never been a corporate tax return filed. There is not a set of books from 2002 through the present date. We will eventually obtain all the records necessary to have an audited set of books. I can give you no specific date when this process will conclude. The work is ongoing daily. This is the first and most important step to a return to trading by the company. The rumors of payouts and huge trust funds are not supported by the records being examined by Kevin, the accountants and the attorneys.

David Desormeau has been served and he has filed an answer. We are awaiting service on John Edwards. Once Mr. Edwards is served, discovery will begin in that litigation. Urban Casavant has not been served but efforts are ongoing to have him served. Our investigation is continuing to support additional claims against new parties for personal loans and disbursements which were made from company funds to individuals and other third parties. We find records of millions of dollars which were loaned or gifted out to other parties but never returned to the company. We expect to be adding additional parties to our litigation in the next few weeks.

There have been many inquiries about our ongoing naked short investigation. We are providing Susanne Trimbath with certain information that she has requested. Although the company is continuing its investigation into the problem of identifying its bonafide shareholders, the litigation is taking priority and consuming most of our time at this point.

The Entourage and interpleader situation is undergoing extensive review and discussion. Mr. West has not yet received any files from previous Company attorneys regarding work that was done on the interpleader. Mr. Stoecklein has continued to hold the Entourage certificate in his possession. Please follow the company website for developments.

Management will provide quarterly updates to its shareholders with the next scheduled update to occur on September 30, 2007. Any significant event or occurrence will be reported through interim updates on an as needed basis.

Bill Frizzell
Attorney for CMKM Diamonds, Inc.

[saturn]

Thanks for the update Kenshin.

Management will provide quarterly updates to its shareholders with the next scheduled update to occur on September 30, 2007.


Now I guess I can go on with my life. I guess all the gurus are wrong for next week. Unless there is a time capsule somewhere.


Saturn

[dumguy]

Why not just say that there will be no huge payout? What a Joke! They can't serve people in months, they must really think we are stupid.

[harvscorvette]

Time the company hires Dog the Bounty Hunter. What a great way to get publicity. A&E here we come.

Harvscorvette

[tenbeers]

harvscorvette said:

Time the company hires Dog the Bounty Hunter. What a great way to get publicity. A&E here we come.

Harvscorvette

[pattyanne]

My post from Millionaires board -


Oh, - believe me - they (Kevin & Bill) will recover their share - do you have any remote idea of what they are charging for their services?

Good update? - Sorry - I don't see it.

Next update? - 3 months from now. Now that is not "frequent" as was promised.

New office? - where is it?

Phone numbers? - where are they?

Fax numbers? - where are they?

United shareholder base? - I'm afraid you'll see it dwindling, one by one.

The Paltalk rooms are dead 90 % of the time - there are hardly ever any new and exciting threads on any of the boards - we are turning on each other constantly - it's time to step back, look around and realize we just may have been had and are still being had. The rumblings are getting deeper as I read posts - some are calling for STOCKHOLDER action, some are just turning their backs on the whole mess and walking away.

I have hoped against hope that this was still the "Stockplay of a lifetime", but that hope is fading day by day - now another 3 months before a bone is thrown our way? I see they are working, they think they are gaining ground, but our hope in a glorious and prosperous future - how much more can they bash that? It's like a complete letdown, everytime we hear from Kevin or Bill. I'm seeing no future with this, in my lifetime, and that's not what we were promised when we bought this stock. And there were PR's and statements made by management that were definately PUMPED UP.

I see all these glorious posts of joy and I wonder why ? ? ? ? ? ? ?

I just can't see the joy in waiting another 3 months, then another 3 months, then another 3 months, ad finium, for less than a bone. Shucks, I'm just fed up I guess and soooooo tired of this mess and lack of information. Read that again and tell me what we really have learned - it's lawyeress for:

"Shut up and leave us alone, we are milking this for all it has and you'll get nothing - HAHAHAHAHAHA!"

That dark cloud is hanging over me and everyone else. Our hopes and dreams are gone and anything pitance we would have gotten is going to be eaten up by the legal system. I said that 2 years ago and so far I've been right. I would love to be wrong, and I would love for someone to prove me wrong, but I don't believe it's in the cards for us.

My hope is for the GURU's to be brought down - Why not sic the legal team after them? They could get more out of that - at least in satisfaction - by outting the idiots that have strung us along for over 5 years. What we have been through must be criminal - where are our ciminal attorneys? The financial arm of the legal team is just spinning their wheels, they could not possibly recover enough assets from all these crooks to even give us 1/10th of our original investment back. And that will belong to them for their efforts, not us.

No cheers from me on this Update - just more disappointment in a losing situation we are all in and the sooner we admit it, the better off we'll be.

Pattyanne

[lana41092]

dumguy said:

Why not just say that there will be no huge payout? What a Joke! They can't serve people in months, they must really think we are stupid.

The rumors of payouts and huge trust funds are not supported by the records being examined by Kevin, the accountants and the attorneys.

This was pretty clear to me. In all of the records they have received, they have found NO money sitting in a bank account/trust fund. They've only found evidence that money that should be there is not. And, since there are so many ex-officers that are being served, I'd say the evidence points to the fact that illegal activities took place.

I feel bad for Kevin and Bill. They've said over and over that rumours of payouts and money being held in trusts, and stings, etc., etc. are false, but, the message just doesn't seem to get across.

This is a hard cookie to swallow, but it is fact........and, the only facts we know for sure.

Lana

[lizzo]

I agree 100%...



By: klonopin2mg
29 Jun 2007, 11:33 AM EDT
Msg. 568450 of 568497
(This msg. is a reply to 568428 by klonopin2mg.)
Jump to msg. #
"ALL" i did enjoy reading this little phrase from the update....

"The rumors of payouts and huge trust funds are not supported by the records being examined by Kevin, the accountants and the attorneys."

leaves the door wide open for interpretation. "NOT SUPPORTED BY THE RECORDS"...think about it...of course they wouldn't be supported by the "records" duh!!!

.....it's not saying not supported by KW et al! FWIW

have at it.....

LOVING LIFE!

[suzyq]

Sorry folks, I'm NOT buying into board gurus...
never have. But FWIW- I'm not buying this
quasi-update either.

this 'update' has a certain aroma to it....

THINK.

Suzyq

[gusjarvis]

why does don hold the entourage shares and why doesn't bill just ask him for the financials to save some time, and while he is at it try to remember what he got us for the certs:

--------------------------------------------------------------------------------
A prime component was to reinstate reporting status, which was efficiently and expeditiously handled by the Stoecklein Law Group,"

This states that we ARE in a reporting status.
Jim/SR

[shroomman63]

KW was interim CEO in Sept/06, why was he not part of the mgt group in Feb/07? A Wells Notice was issued to the company in February of 2007. The attorney representing the company at that time failed to timely respond to the notice. The allegations in the Wells Notice involve matters that occurred while Mr. West was not involved with company management

[gusjarvis]

By: leowanta
29 Jun 2007, 01:38 PM EDT
Msg. 568605 of 568606
(This msg. is a reply to 568571 by eureka1968ny.)
Jump to msg. #
right on point! anyone who knows about our "irrevocable" trust in which cmkxer's are beneficiaries... (Urban Joseph A******* Casavant, (UJAC)trust that EXISTS) and is held by our TRUSTEE.... along with OTHER ASSETS.... which was NOT GIVEN IN THE BOX OF GOODIES to the TEXAS BOYS cause it's part of the TRUSTEE'S fudiciary responsibility as TRUSTEE to CMKX Shareholders to do so....

there are 2 entities here.... the SEC and the Company..... FRIZZELL was never part of Urban's circle.... he was always on the outside as a shareholder, by law, it had to be that way...Frizzell represented the OG...a few CMKX Shareholders who hired him to intercede in the SEC Hearing....he he he he he he...at least one CMKX shareholder OBJECTED to the OG's interference in the SEC's plan for CMKX...however, the ALJ allowed him to file a brief....remember all of that? yes, today, Frizzell is doing for the company what he sees needs to be done and i agree with that wholeheartedly, and it is RIGHT for him to say THOSE DOCUMENTS WERE NOT IN THE BOX...doesn't mean they don't exist like eureka posted....

i believe KW was right on about those posters on RB he singled out in that update, i'm betting that they will be included in Frizzell's legal process....i'd also add ACCA to the group, got a pm from him on pb86 wanting info.... of course i did not reply....he is just copying what someone has told him, but in no way does he know anything first hand..... willy is right for proving him out....i believe willy is right about ACCA.

leowanta

[saturn]

Well that goes to prove all these people who claim to be in the know, have no friends in life. They must contrive stories of vast riches and huge payouts to pull the minds of message board followers.

Now there is going to be a lot of people changing their story as to they want to keep things quiet because too much is leaking out. Now we all know who to trust. Yourself and that is all.

Enjoy the summer. I'll be working my a off now. My vacation is over Monday and back to work. I guess the boards are going to be quiet now with just a few trying to get back an audience for show and tell.

Later.



Saturn

[lizzo]

from another board.......


"The rumors of payouts and huge trust funds are not supported by the records being examined by Kevin, the accountants and the attorneys."

Anyone that thinks that Kevin has all the documentation and records of this company is in La La Land.Eat another valium is what I say.
It is obvious that it is worded that way because later when Urban lays all the cards down it wont look like Kevin or Bill Lied to us.KW and BF know this but they are being instructed to say what they are saying IMO.What would they know about Securities Law anyway.Nothing is the answer.They are just being good little boys and doing what they are told

Secondly, If Stoecklien is no longer CMKM's attorney then why is he still holding the Entourage certificate. Why isnt the new Team holding it. Some thought Stoecklien was out. If you thought that you were dead wrong.Now you have youre proof in an update.Stoecklien was brought in by Maheu.Those same doubters think that Maheu has nothing to do with it either.LMAO You are in a fog. You have no idea what you reallly invested in.But youre locked in to win so it doesnt matter.

Frizzell is talking Audited Financials. Stoeckliens company Opus one does just that. The Masters are at work here do not be mistaken shareholders.Some here will confuse you to the point of no return.They are just Negative always and they run their everyday lives being Negative.These are the last people you should listen to.Dont listen to payouts with dates and times either. But do not forget what you own.

No other company in the market that has been Naked Shorted has ever successfully done a cert pull like CMKX has.We have everything we ever had before and it is being held for us until its time.Urban made millions in mountain Province diamonds with Dr. Paul Shatzko in the past.They know eachother very well. If you call shatzko he plays the role well acting like they picked up what we defaulted on. LMAO.I believe They are just holding it for us as is emerson Koch.

CMKX is the company to set the example.Thats why when they were working on the interpleader Kevin said it would set a precedent.Maybe the SEC told us we couldnt do it because of the consequences on the market.The SEC consults with Stoecklien all the time for his opinion.Dont think we arent working hand in hand with the SEC thru Stoecklien.

The thought of us having nothing but $558 and nothing is absolutely ridiculous.If you believe such nonsense you are being manipulated like a marionet.The strategy right now is to Condition everyone this way. That is how the Directors want it.Believe in the Dream Team.Urban, Maheu,Stoecklien and Roger Glenn.Stoecklien and Glenn wrote books on Securities Law.They are the best in the business.That is who really works for CMKX not the wanna be gofers that are taking orders.Success is right before us.All in Due Time

[Deleted]

is this not more reason for mgnt whoever they are to step forward and inform us shareholders as to what the heck is going on , give some us clarification, , ,and after all the legal hullabaloo, that has ocurred that we were told we had to wait on ,, and now we are told a completely different story, some body has to get there facts right , , i do believe that share holders are about to blow this thing out of the waters , this srewing with our minds and our feelings is WRONG, WHO IS HIDING WHAT FROM THE SHARE HOLDERS . !!!! this is not a laughing matter any longer , in the morning we are told of all the great things that are about to befall us . and by late afternoon we are told there are no such goodies , so what is it maybe ,we should knock on the S>E>C door and loudly demand restituition ,from all parties , enough is enough ,this gov is going to have to answer, lots of questions , i am not leaving untill, , disgusted shareholder,

[dumguy]

lana41092 said:

dumguy said:

Why not just say that there will be no huge payout? What a Joke! They can't serve people in months, they must really think we are stupid.

The rumors of payouts and huge trust funds are not supported by the records being examined by Kevin, the accountants and the attorneys.

This was pretty clear to me. In all of the records they have received, they have found NO money sitting in a bank account/trust fund. They've only found evidence that money that should be there is not. And, since there are so many ex-officers that are being served, I'd say the evidence points to the fact that illegal activities took place.

I feel bad for Kevin and Bill. They've said over and over that rumours of payouts and money being held in trusts, and stings, etc., etc. are false, but, the message just doesn't seem to get across.

This is a hard cookie to swallow, but it is fact........and, the only facts we know for sure.

Lana

You still think they are calling the shots in this saga. If they wanted them served it would be done in this day and age.

[smeagol8]

Have faith, but don't write any checks, yet.

[popodaddy]

Quote "This is the first and most important step to a return to trading by the company."

We ain't got squat. Why go through this goat rope to return to trading? Are we going to pump this company and sell all our shares to 40,000 other unsuspecting suckers like it appears past management did to us?

popo

[tonypro]

Absolutely NOOOOO Comment, other than the "no comment"

[smeagol8]

I am sooooo tired of saying this, but IF there are or will be NSS based payouts, they would be buying our Official Silence. Therefore there would be NO documents or filings proving their existance. KW and Frizzells' denials mean nothing on this subject.

[only2percent]

Turn your eyes away from this "bouncing ball" and look around you.

Read the front pages of the newspapers and magazines.

That's where you'll find the echoes of this great battle.



The enemy is very dangerous now, because he is pushed in the corner, and ready to risk anything: another Terror Storm, or even an open military confrontation with another country (Russia, China or Iran) just to ease the pain, to postpone the inevitable fall.




o2p


They have been served already.

seagull said:

We must be waiting for something else... don't think it is to serve Edwards and Urban!
IMHO

[saturn]

lol



Saturn

[ivory]

Why Bill mentioned ~September 30, 2007~

3 months from today is September 30 and what will we see?

1> The Susanne Trimbath and her accomplishments?
2> Trade again?
3> Urban Casavant has not been served but will be served? LoL

[shoelessjoe]

my69z said:

i'am good with this,,,,except for no money/pps value of course,,but there's ALOT,,they didn't shoot down.....alot.

"New" CMKM started early this year,,,,,,think it'd been done by June/July with the old ? no way.

no way & I said a long time ago,,,,,i'd be surprised to see larger than even 10B NSS released.And they don't seem like they're in too much a hurry to deal with it either.IMO,,,,,conditioning for a finale. I like it

and hey,,,,,,,isn't Sept riiiight bought the time the GF should be coming full circle???....once on books,,,,say another 2-3 weeks,,,,and 60 days after that is what?? hmmm

gltua,
chris

in answering a question about the grandfather clause on mn1 live tv,patrick byrne gave a 120 day time frame.

thought it was about the time we would see activity from gf clause removal. fwiw

so your timeframe is somewhat accurate. but 1st it has to be made official and last i knew it wasn't yet.

[shoelessjoe]

only2percent said:

Turn your eyes away from this "bouncing ball" and look around you.

Read the front pages of the newspapers and magazines.

That's where you'll find the echoes of this great battle.



The enemy is very dangerous now, because he is pushed in the corner, and ready to risk anything: another Terror Storm, or even an open military confrontation with another country (Russia, China or Iran) just to ease the pain, to postpone the inevitable fall.




o2p


They have been served already.

seagull said:

We must be waiting for something else... don't think it is to serve Edwards and Urban!
IMHO

i thought so too,but not pysically yet. Only in the eyes of the court have they been served. imo