New FAQ is out

[Twist Capper]

www.cmkmdiamondsinc.com/faq.php

[Twist Capper]

FAQ Session #2: August 23, 2007
Q) Obviously, CMKM Diamonds Inc. is not financing all this legal activity from “just” the $500+ dollars in the company’s checking account. Please answer in detail: Where is the money from that is financing all salaries, rents, leases, lawyer fees, court costs and any other cost CMKM has had to pay at this time?

All litigation costs and expenses are being handled by Bill Frizzell with an agreement that all costs and expenses will be repaid by the Company when the Company is able to do so. Kevin West is being paid by CMKM a minimal salary from funds being loaned to the Company from various sources. All office administrative costs are being paid from these same funds.

The Company will not disclose its specific fee arrangements with the attorneys it has hired. Such information is highly confidential and could be used in many ways to harm the legal efforts of the Company. Contractual arrangements between corporations and their attorneys are not proper matters for general public knowledge. It is fair to say that some attorneys are working on an hourly basis, some are working on a contingency basis and some are working on a combination of hourly fees and some contingent fees.

This company has received substantial contributions from shareholders since the financial plight of the Company and Mr. West has been made public. There are shareholders who have substantial investments in CMKM. Several of these shareholders have agreed to fund any and all legal efforts if needed.



Q) Is Robert Maheu is still involved in any form with CMKM Diamonds Inc and is current management still in contact with Mr. Maheu, Urban Casavant and/or Donald Stoecklein?

Mr. Maheu is no longer involved with CMKM Diamonds, Inc. in any way. Kevin West and Bill Frizzell have requested cooperation from prior management seeking both financial assistance and company records. Prior management and previous company attorneys refuse to produce records or offer assistance in any way to Mr. West.



Q) What tangible assets does CMKM have on hand at this time and what are the results of the core samples viewed by Mr. West?

The Company presently owns a certificate for 45 million shares of Entourage Mining. This certificate remains whole and is the only tangible asset belonging to the company at this time. When the core samples were viewed by Mr. West, there was not a geologist present as promised to give any opinions of the sample. Emerson Koch explained to Mr. West that no testing had been done on the core samples. The Company has no knowledge of what value, if any, can be placed on the claims that are currently held by Mr. Koch and contracted to Entourage Mining.



Q) Is it possible to give a rough timeline for the company to return to trading?

There are too many variables to give any timelines for the Company to return to trading status. We are diligently working on several litigation matters, reconciling of books from the past 4+ years and other matters that pertain to bringing value back into the Company.



Q) Can you please try to address the rumors being sent around by people on talk shows and chat rooms regarding some big deal of selling part of the company way back that will now result in some sort of payout to stock holders? Someone using the name "acca" has been on the air and talk shows and chat rooms claiming to be an employee of either Casavant or his attorney and is reporting such payouts are virtually in the mail. If these rumors are nothing but cruel rumors and have no basis in fact, please say so in no uncertain terms so as to try to eliminate the false hopes being dashed over and over again. Once again, thank you for all you do, but to address these rumors once and for all would do wonders for us suffering endlessly.

The Company sincerely hopes that all shareholders will soon realize there are no distributions pending for the shareholders or anyone else. The Company regrets the lies and promises coming from several individuals about such distributions. The Company believes that it will return to trading status.



Q) Can you advise at this point whether or not our CIM dividend stock will have/does have any value at this point or in the future when CMKX begins to trade again?

Casavant International Mining Corporation (CIM) was revoked on 2-01-07 and the last known officers were Ron Casavant and Michael Williams. Mr. Williams is presently a defendant in a lawsuit initiated by CMKM. The zinc claims that purportedly belonged to CIM were sold through a series of transactions in January of this year to Golden Arch Resources.

These claims are mentioned in several press releases by Golden Arch Resources beginning in January of 2007 with a more recent one on June 18, 2007. CMKM never received any monies or other compensation from this transaction even though these claims were contracted as part of the Entourage Mining deal. No records have been provided to new management regarding CIM or the lost investments of CMKM in the zinc claims.



Q) Could you advise if Entourage shares will be issued to current stockholders in the future or has the plan been abandoned? Also, what happened to the Interpleader for these Entourage shares which was being worked on for so long?

The Company is concerned about all aspects of the contracts with Entourage Mining. Former Company attorney, Don Stoecklein, described this distribution as a wind up distribution. If the Entourage distribution was a “wind up” distribution, such a transaction requires a shareholder vote according to Nevada statutes. CMKM was a Nevada Corporation at that time. There was no shareholder vote. Thus, the legality of such distribution is in question.

The legal fees for the filing of the interpleader were paid to John T. Moran III according to prior management. Mr. Moran’s last advice to the Company was to file bankruptcy and he did not file the interpleader. No explanation has been given to Mr. West as to why the interpleader was not filed.



Q) What is the status of Susanne Trimbath's evaluation of the Naked Short Position of the Company thus far?

Susanne Trimbath continues her work on our shareholder audit. The naked short situation and the delivery failures are not a primary concern of management at this time. Keeping the Company alive and returning to trading status is the focus of our work.




Q) Was there ever any real effort made to explore for diamonds or was CMKX a scam from the beginning?

We learn more and more about the Company (prior to new management) each time we receive documents from our subpoenas. Money has been paid to Double K Excavating for drilling and obtaining core samples. Aerial surveys were undertaken by the Company. The latter part of the question is still under investigation.




Q) Are the company's current activities delaying or hindering ANY payment to shareholders from any other source?

There is no trust fund or any money set aside for shareholders. There have been rumors of payouts and distributions to shareholders since 2003. After a thorough examination of bank records of all Company accounts and with the assistance of a forensic accountant, there is no evidence of any funds available for the distribution to the shareholders. Our investigation confirms that there has never been a fund set aside for the shareholders.

If there is any factual evidence of any assets belonging to the Company or any evidence of any funds earmarked for the shareholders, you are encouraged to contact Mr. West and the Company will conduct a full investigation.

The lawsuits filed by the Company against former management are based on facts and documents. These lawsuits explain the loss of millions of dollars invested by shareholders into this company.



Q) How do you let the company know of a change of address?

Any change of address for your CMKM stock certificates can be called into 1st Global Stock Transfer @ 702-656-4919. No other notification is needed.

-Back to Top

[St1ck]

Q) if there are no assets and no claims.. why are we returning to trading? What value of a company will there be for the shareholders?

[saturn]

I am going to hold back on commenting right now because if I did,I probably would get thrown right off the board. I'll just stay mute.Thank-you very much.


Saturn

[shoelessjoe]

i FIND IT INTERESTING THAT bOB mAHEU AND Don stocklien recommend Interpleader proceedings and Urban says he paid Moran to do so.
And all Moran did was to recommend Bankruptcy. Actually I find it difficult to believe. jmo

[saturn]

shoeless,one thing I might comment on is all these lawyers and accountants getting paid large sums of money to do something for our company and they always come up not accomplishing anything. If I did that at work I would be fired and forced to give the money back. I put these people on the same platform as shorters. Jail time.



Saturn

[dg2001]

i asked a question months ago, and i think it is appropriate to ask it again. has anyone brought legal action against any brokerage co for not delivering their certs? if the counter showed 40,000 share holders but it has been reported that there are north of 60,000 share holders, there must be a large group of share holders that are due a cert.

what happened to o'quin's representation of those nss companies? wasn't he going after trillions? has anyone heard the status of this?

i wish us all well

[mcup[385]]

Absolutely unbelievable... every question we get answered produces 4 times as many questions.

[goldmonkey]

, they answered both of my questions:

Is Robert Maheu still associated or involved with the company or the task force in any way?

When will the Entourage dividend be issued? Why has it taken so long?

[smeagol8]

Oops, KW accidentally gave out some real info : Who has control and possession of the 'core samples'? That seems to be Emerson Koch. Kevin also mentions that these 'core samples' have not been tested. Umm, the way that works is you get a core sample, split it in two, test one half, and save the other (the one we were talking about) as proof of what you started with. If "our" core samples are 'whole' then they are indeed totally untested. If a core sample looks worthless, why save it? If a core sample looks like a tube of diamonds, why test it?.
.
Another thing, KW is publicly very 'down' on Urban, Koch is one of Urban's 'cronies'. Why would KW expect Koch to provide a geologist for his convenience? And if Koch had done so, why should KW trust what that geologist might have said? If KW had any real desire to have a trustworthy geologist look at the 'core samples', KW would have brought his own>

[Deleted]

this question and answer forum is again another cloak and dagger story , there not going to inform us of any thing that is conclusive , its going to be , its in litagation cant speak , so on and so forth, we have been fed these lines over, and over, for years . dosent add up to much hope , between these two parties holding our futures and hopes in there hands cant get a honest answer from any source ,if true that mahue, and his group are gone it truly leaves us to assume there is very little hope from here , boy this is a big kick in the butt, i am still hanging on even with all this uncertainty , what do we have to lose at this point , it is depressing , no doubt , twt,

[okie]

st1ck said:

Q) if there are no assets and no claims.. why are we returning to trading? What value of a company will there be for the shareholders?

Howdy St1ck.....

I hope this helps....... I don't think most people realize what is really at stake here............all IMO

www.cmkmdiamondsinc.com/documents/Complaint4-25-07.pdf

.........read paragraphs 34-38 and pay close attention to paragraphs 37 and 38........I believe these claims will possibly "yield the largest and most prolific diamond field ever discovered".......and "New management plans to return CMKM to trading status and work with Entourage in the development of the remaining mining claims".

United we stand.....and WIN!!!!!!!........In God we trust.........okie

[skibuff]

so let me get this straight! Robert Mahue who said he was here for the shareholder said sayrnara! screwum! Roger Glen did nothing for us! but! oh gave us a picture of himself with two ! Donald Stoecklein did, nt find any fraud? hummm! I thought it was a crime if you see or find out about a crime to not report it! I don,t know but I think a cover-up is going on they would,nt want us little people to become rich! all is just my humble opinion!

[smeagol8]

Maheu is a 'spook'. I am quite sure he has no official ,legal ,ties to the company. If he has nothing to do with us,(in the shadows), it's cause he succeeded in what he intended to accomplish. IMHO, IBM 'got the ball rolling' in the direction he wanted it to go, and as long as it keeps on rolling, he doesn't need to touch it again.
, it would be nice to be able to see that ball..... omg, I'm turning into acca

[St1ck]

okie said:

st1ck said:

Q) if there are no assets and no claims.. why are we returning to trading? What value of a company will there be for the shareholders?

Howdy St1ck.....

I hope this helps....... I don't think most people realize what is really at stake here............all IMO

www.cmkmdiamondsinc.com/documents/Complaint4-25-07.pdf

.........read paragraphs 34-38 and pay close attention to paragraphs 37 and 38........I believe these claims will possibly "yield the largest and most prolific diamond field ever discovered".......and "New management plans to return CMKM to trading status and work with Entourage in the development of the remaining mining claims".

United we stand.....and WIN!!!!!!!........In God we trust.........okie

Yes I read that... But I would consider that an *asset* which they claim they haven't got any "assets". So, somewhere they're not being consistant..

[fiftyfifty]

Q) What tangible assets does CMKM have on hand at this time and what are the results of the core samples viewed by Mr. West?

Blah blah blah... When the core samples were viewed by Mr. West, there was not a geologist present as promised to give any opinions of the sample. Emerson Koch explained to Mr. West that no testing had been done on the core samples.


So, that's it? You just looked at the samples? then flew back home! You could have just sent me, cuz I needed a vacation real bad. I'm no Geologist, but have enough experience on samples cuz I do go to Costco every week! I guess I more qualified than our CEO! argh! Urban speak to us now!!!

[Deleted]

Q) Could you advise if Entourage shares will be issued to current stockholders in the future or has the plan been abandoned? Also, what happened to the Interpleader for these Entourage shares which was being worked on for so long?

The Company is concerned about all aspects of the contracts with Entourage Mining. Former Company attorney, Don Stoecklein, described this distribution as a wind up distribution. If the Entourage distribution was a “wind up” distribution, such a transaction requires a shareholder vote according to Nevada statutes. CMKM was a Nevada Corporation at that time. There was no shareholder vote. Thus, the legality of such distribution is in question.

The legal fees for the filing of the interpleader were paid to John T. Moran III according to prior management. Mr. Moran’s last advice to the Company was to file bankruptcy and he did not file the interpleader. No explanation has been given to Mr. West as to why the interpleader was not filed.

So, that's how we will get the assets back. The legality of the contract is in question, The Contract gets challenged in "Nevada" courts which automatically cancels the Entourage contract and we get the claims back.

Which of course they won't bother to do until November, after all the market reform changes are in place.

It's going to be a long fall, filled with misinformation.

[SkipperGas]

I agree with ELO, who said the following about Kevin & Bill:

"As I have said many times, pray and hope they dont tire in this thankless endeavor. They are our last chance to get our money back".

[skibuff]

I don,t want my money back I want a return on investment! and the truth would,nt hurt also!

[bhollenegg]

Many excellent responses were posted on the FAQs #2. I just wanted to expand on a few areas.

Excerpt from FAQs #2...“The Company will not disclose its specific fee arrangements with the attorneys it has hired. Such information is highly confidential and could be used in many ways to harm the legal efforts of the Company. Contractual arrangements between corporations and their attorneys are not proper matters for general public knowledge.”

Cases are won and lost by the caliber and knowledge of the attorneys, not by the knowledge of legal fees. Bona fide Stockholders are the legal owners of CMKM Diamonds Inc. in a Limited Partnership. When a company files lawsuits of the magnitude CMKM’s management has on behalf of the Bona fide Stockholders, a fee schedule for the expected legal costs is provided to the owners, the Bona fide Stockholders. This is prudent. This is business. There should not be a problem with providing the expected legal fees. Attorneys do it all the time…call one and ask. I was in a lawsuit in Texas in which my CPA/Property manager embezzled account funds. When it was over, I received $15,000 compensation plus a bill from my attorney for legal costs, $77,000. My attorney’s response was “At least you stopped a crook”. At what point do you stop throwing good money after bad? There needs to be a proper check and balance to ensure the charges are reasonable.

This is an excerpt from the US Government website, “Stocks certificates, postage stamps, and food stamps are just a few of the hundreds of counterfeited items investigated by the Secret Service.” (http://usgovinfo.about.com/library/weekly/aa022798.htm).
Does the Secret Service know about “The naked short situation and the delivery failures are not a primary concern of management at this time?” I am sure the Secret Service is concerned and would bring criminal charges against the perpetrators. We learned today from Hawkeye1’s conversation with Randy at the SEC that compensation is paid if there are criminal charges. The 1.5 Trillion CMKX NSS is worth billions, if not trillions of dollars. Why is it on the back burner? The NSS was handed to us on a silver platter and our attorneys are more concerned with the side dishes instead? It doesn’t matter what the valuation of the company is; NSS IS A CRIME. Counterfeiting of shares is illegal period. Millions of dollars were made from the counterfeited shares at the expense of the Bona Fide Shareholders. The price of the stock was kept down even though the demand was in the billions per day. The loss from potential gain affected all Bona fide Shareholders. The NSS should be our number one priority, as far as compensation for the Bona Fide Stockholders.

Mr. Maheu and prior attorneys refuse to produce records or offer assistance in any way to Mr. West? This information speaks volumes. Mr. Maheu, Mr. Stoecklein, and Mr. Glenn, top professionals refuse to cooperate with Mr. West and Mr. Frizzell. This does not surprise me at all. When you go after investors in public, have public bets dividing investors, promote a public negative campaign against Urban Casavant before there is a court decision, tell investors that it is none of their business, and are involved with a group broadcasting negative information on a radio talk show, then you will isolate yourself from the professionals and the necessary information, as in this case. The answers to the rest of the FAQs #2 reflect this.

The message conveyed by the type of the answers provided to the shareholders is that Mr. West and Mr. Frizzell have underestimated the intelligence of the Bona fide Stockholders, again. Please, don’t mask the answers, unless you plan on wearing the mask.

We want the truth, nothing but the whole truth, so help us, Mr. Maheu, Mr. Stoecklein, Mr. Glenn, Mr. Casavant, Mr. Frizzell, and Mr. West.


Thank you,
BHollenegg

[Deleted]

Bob, yet another outstanding analysis and comment. Thank you.

[pjannetto]

Regarding the NSS issue, maybe we do need to bring criminal charges first and then show some valuation before we go after NSS. I'm thinking the penalties to be paid will be based upon what the company is worth at the time we pursue the NSS issue. Since it is reported the company is worth little at this time, it may be best to sit back a while longer and try to recover assets instead of receiving crumbs for a payment at this time. When we're finally able to show valuation the amount of penalties/payments can and should multiply.

[bhollenegg]

my69z said:

bhollenegg said:

Many excellent responses were posted on the FAQs #2. I just wanted to expand on a few areas.

Excerpt from FAQs #2...“The Company will not disclose its specific fee arrangements with the attorneys it has hired. Such information is highly confidential and could be used in many ways to harm the legal efforts of the Company. Contractual arrangements between corporations and their attorneys are not proper matters for general public knowledge.”

Cases are won and lost by the caliber and knowledge of the attorneys, not by the knowledge of legal fees. Bona fide Stockholders are the legal owners of CMKM Diamonds Inc. in a Limited Partnership. When a company files lawsuits of the magnitude CMKM’s management has on behalf of the Bona fide Stockholders, a fee schedule for the expected legal costs is provided to the owners, the Bona fide Stockholders. This is prudent. This is business. There should not be a problem with providing the expected legal fees. Attorneys do it all the time…call one and ask. I was in a lawsuit in Texas in which my CPA/Property manager embezzled account funds. When it was over, I received $15,000 compensation plus a bill from my attorney for legal costs, $77,000. My attorney’s response was “At least you stopped a crook”. At what point do you stop throwing good money after bad? There needs to be a proper check and balance to ensure the charges are reasonable.

This is an excerpt from the US Government website, “Stocks certificates, postage stamps, and food stamps are just a few of the hundreds of counterfeited items investigated by the Secret Service.” (http://usgovinfo.about.com/library/weekly/aa022798.htm).
Does the Secret Service know about “The naked short situation and the delivery failures are not a primary concern of management at this time?” I am sure the Secret Service is concerned and would bring criminal charges against the perpetrators. We learned today from Hawkeye1’s conversation with Randy at the SEC that compensation is paid if there are criminal charges. The 1.5 Trillion CMKX NSS is worth billions, if not trillions of dollars. Why is it on the back burner? The NSS was handed to us on a silver platter and our attorneys are more concerned with the side dishes instead? It doesn’t matter what the valuation of the company is; NSS IS A CRIME. Counterfeiting of shares is illegal period. Millions of dollars were made from the counterfeited shares at the expense of the Bona Fide Shareholders. The price of the stock was kept down even though the demand was in the billions per day. The loss from potential gain affected all Bona fide Shareholders. The NSS should be our number one priority, as far as compensation for the Bona Fide Stockholders.

Mr. Maheu and prior attorneys refuse to produce records or offer assistance in any way to Mr. West? This information speaks volumes. Mr. Maheu, Mr. Stoecklein, and Mr. Glenn, top professionals refuse to cooperate with Mr. West and Mr. Frizzell. This does not surprise me at all. When you go after investors in public, have public bets dividing investors, promote a public negative campaign against Urban Casavant before there is a court decision, tell investors that it is none of their business, and are involved with a group broadcasting negative information on a radio talk show, then you will isolate yourself from the professionals and the necessary information, as in this case. The answers to the rest of the FAQs #2 reflect this.

The message conveyed by the type of the answers provided to the shareholders is that Mr. West and Mr. Frizzell have underestimated the intelligence of the Bona fide Stockholders, again. Please, don’t mask the answers, unless you plan on wearing the mask.

We want the truth, nothing but the whole truth, so help us, Mr. Maheu, Mr. Stoecklein, Mr. Glenn, Mr. Casavant, Mr. Frizzell, and Mr. West.


Thank you,
BHollenegg

" then you will isolate yourself from the professionals and the necessary information, as in this case. "

Couldn't be any wronger............

Hello My69z...please enlighten me. If you have any information contradicting Mr. West's response that Mr. Maheu and previous attorneys refuse to help or provide information, please do tell us.

Thank you,
BHollenegg

[bhollenegg]

brigantine said:

Bob, yet another outstanding analysis and comment. Thank you.

Thank you Brig...

All the best,
BHollenegg

[Deleted]

Bob,

Your analysis is good, assuming that all is as it seems WRT what is flowing out of Texas. I do agree with Chris though, that There will be no isolation from the professionals.

IMO, as I have oft stated, IBM is still in Control. IBM being in control, tells me that TX is behaving according to their marching orders, or they will be taken out. Would have been a while ago imo, if that were the case.

IBM came here to do a job. His 70 yr track record tells me he will finish that job completely with no loose ends left dangling. His MO suggests, he is controlling everything about what is going on here, at least from our side of the table. So, if he wants TX to act like they're misbehaving, I'm sure he has a reason.

We Wait.