Task Force Update

[wombat]

mano said two Pr s ... not three

[bignaterich]

portrush said:

Why is it imperative that we know this:

It is imperative CMKM stockholders understand none of the Task Force members (Robert A. Maheu, Bill Frizzell and Donald Stoecklein), or their respective firms, is employed by or works for CMKM Diamonds Inc. or Casavant.

I wondered the exact same thing, PR.

I also liked the "primarily consisting, at this time..." language.

Nate

[earthangelwyo]

Wombat, if I may ask....What is your take on all this? Earth

[islandtime1]

I keep asking myself is the TDCC making them contact EVERY shareholder now just to stall or for them the TF, to cover all basis for this to proceed legally?

I don't understand? The TF seems to smart to have let this one just slip by them from the beginning?. NO WAY..imho

This is an unreal game being played here! IMO

[islandtime1]

earthangelwyo said:

Wombat, if I may ask....What is your take on all this? Earth

Yes please..TIA

[inthenow1]

Digby -

I like your Plam .. would have some sounds to celebrate but they're blowing in the wind!

Bob

[joesixpack]

dcswingtown said:

kahuna said:

Frizell said the COMPANY CMKM DIAMONDS would be releasing a pr, not the task force....

This is not a Company PR. It's not over yet imo.

Have to agree... one minute the 20 page bomb PR is about to be dropped then a sudden meeting between IBM and the DTC... now this fluff statement from the TF... doesn't make sense.... lets wait it out ... I think each day will bring something new... but then ... I'm an optimist...

[bucksnort]

Brig,

I hope you copied and pasted this very important point in the all times you posted it for people who didn't get it the first second or ...

You da man

brigantine said:

They are distancing themselves because by law, there can be no official association by anyone on the ASSET DISTRIBUTION TASK FORCE WITH THE COMPANY.

PERIOD.

[joesixpack]

wombat said:

mano said two Pr s ... not three

Maybe the first is this one by the TF... stating they are not connected in any way to the company (good eye Brig)... and the second is a 20 page BOMB that we are all hoping for...

[cmkxplease]

kidscollegefund said:

portrush said:

Why is it imperative that we know this:

It is imperative CMKM stockholders understand none of the Task Force members (Robert A. Maheu, Bill Frizzell and Donald Stoecklein), or their respective firms, is employed by or works for CMKM Diamonds Inc. or Casavant.

Then who is employing them? Why do they call it CMKMTaskforce and how come urban is paying for the expenses?

I think this is one of THE most important questions to date. Just WHO IS paying these folks? Whose agenda are they on? This statement really makes me question.

I do not question that this is from the company...it is signed off by the company through BusinessWire.

I question who Maheu is working for and reporting to.

[digby]

inthenow1 said:

Digby -

I like your Plam .. would have some sounds to celebrate but they're blowing in the wind!

Bob

LOL! We'll have to do that again!

[eshille]

broadhorizons said:

A very good smoke and mirrors PR, in my opinion.

The last paragraph, in and of itself, contains all kinds of wiggle room -- all kinds of things could happen.

Do I like the 2 month extension? No. Why 60 days? Why not only 30? That, to me, is almost contrived -- a manufactured too-long of time period.

But, the last paragraph, to me, strongly suggests that 2 months will not have to come to pass.

100% pure conjecture on my part.


Sincerely,

Broad Horizons

broad: I think it's more than smoke and mirrors, although on the surface it does appear to be so.

If we assign jay adobe any credibility... if only from the standpoint of reasoned thinking... we must allow at least one important idea to be considered and that is: all aspects of this operation are 'event driven'.

The extension, publication of shareholder notification via national print media and the mailing of notice to all cmkx shareholders, I would venture to say is our answer to the DTCC threat of a "chill" on certs....couple that with the T/F statement from Frizzell below.. they appear to be saying we DO INDEED HAVE A SHORT....

"Other than the funds received from Casavant to pay for certain of the costs associated with the Task Force's operations, there have been no funds received from brokers/dealers or any other sources. However, Frizzell has been in communication with firms as to issues pertaining to the inability to produce CMKM stock."

The Wall Street Wars ...to be continued!

[ladydi]

Has anyone noticed that in just about every update, if not all, they have discussed notifying all shareholders and are only now going to do it and have actually said how.

My thoughts on this are that since Urban is paying for this out of pocket that he would want to know first and foremost if the internet/friends group would be enough to prove the short and if so then the additional large expense of notifying the other shareholders is definitely money well spent.

If the list of notification only goes out to those who have not yet submitted certs then the expense would be much much lower and they are spending that money knowing that they have already successfully achieved the results they were looking for.

JMO, Di

[broadhorizons]

eshille said:

The Wall Street Wars ...to be continued!

Sincerely,

Broad Horizons

[Duc n Altum]

bucksnort said:

Flush Please!

[Duc n Altum]

brigantine said:

portrush said:

Looks like Stocklein is out as general counsel to CMKM.

Hmmm.

pr

He has been ever since he joined the TF... members of the TF can not also be employed by the company in a disgorgement.

Thank you Brig!! Exactly!! To me it is a sign of DISTRIBUTION is coming!! When? That is a good question! But we are closer to the end then the beginning!!!

[ocd]

madmaan said:

We know its not just because of the etgmf shares. I doubt they would go through all the trouble of notifying all. It would be like who cares. I just dont see a settlement until everysingle last share is accounted for. Also Frizzell knows nothing, as he is a shareholder as well as his side kick Martin..

right on the money with this post...also, after some thinking I realized that I personally know of 10 people who I got in this stock who've since moved and lost contact intirely with it. They'll never be notified one way or the other so how many are like them? Quite a few I'd bet.

[tonypro]

OK everyone,

I've cooled down, calmed down, and mellowed back out now.

I read this at work, after one of the worst days I've had in a while.

I know it's no excuse for going off like I did on page 5 there, and this is truly not like me AT ALL !!! Anyone of ya'll that have read any of my posts I feel will agree with this. The sense of chasing a ghost just finally got to me.

So I apologize to all of you that read it, or were offended by it.

...and thanks for the hug thread---I NEEDED THAT !!!

Keep The Faith All!!!
And again, I apologize for my anger,

Tony P.

[mcup[385]]

Peace out!

[sircharles]

Right, this is what I get from this:

-) The TF has not been wise enough to see that everyone should be formally notified of the dividend distribution. Only now they realize this ... djeezz ... what have they been thinking.

-) No cert = no assets

-) No money

-) More waiting ahead

-) More waiting ahead

-) More waiting ahead

-) More waiting ahead

-) All rumors are lies.

[cmkxbeliever]

I can't understand all in this PR, but am very encouraged by this quote from Jay (who is much smarter dan me):

'I think there is a lot more to come very soon'.

ragingbull.lycos.com/mboard/boards.cgi?board=CMKI&read=165473

[john3339]

ladydi said:

Has anyone noticed that in just about every update, if not all, they have discussed notifying all shareholders and are only now going to do it and have actually said how.

My thoughts on this are that since Urban is paying for this out of pocket that he would want to know first and foremost if the internet/friends group would be enough to prove the short and if so then the additional large expense of notifying the other shareholders is definitely money well spent.

If the list of notification only goes out to those who have not yet submitted certs then the expense would be much much lower and they are spending that money knowing that they have already successfully achieved the results they were looking for.

JMO, Di

I wasn't going to respond to any posts until...well, until later. But Di, why would Urban need to contact ANY of the shareholders in proving the naked short?

The claims from the task force remain adamant. The cert pull is to establish the list of bona fide shareholders for the distribution of Entourage and other assets.

There is no other need for contacting each of the shareholders. THEY ALREADY KNOW WHO WE ARE. They know our names, addresses, some of our email addresses. They know enough that they could contact each of us individually in they needed to.

How do you think a certificate holder gets a dividend? If a person has no certs, don't the dividends come through the broker - to the rightful recipient?

The company/TF has the OBO/NOBO list. They've HAD the list since revocation...and it hasn't changed (legally) since revocation.

There should be no mystery as to who owns shares of CMKX. The list shows that clear as you want.

Why the cert pull then? Who knows, except to maybe prove the OBO/NOBO is correct in that there is a huge NSS position. The Nevada SOS has CMKM Diamonds Inc showing a total AS of 800 Billion shares. Forget all other speculative discussions concerning how many shares went where. The SOS says we have an AS of 800 billion.

If the OBO/NOBO shows 2.3 trillion shares accounted for, in one way or another, then it's already a game, set and match. No certs needed.

So why the certs? If we have an AS of 800 billion, and the list shows 2.3 trillion, and the transfer agent says all cert requests can be fulfilled, someone is either lying or counterfeiting. You cannot have certificates for 2.3 trillion shares when you only have 800 billion authorized. No reading between the lines...it's plain and simple.

So there's no need to have a massive campaign to contact every single shareholder. If they wanted to really do that, they could have used the list, gotten a bulk mail company and done the deed in less than a couple weeks.

Perhaps (and here's that dam spec-o-lation) the comment made yesterday, about Cede and Co running out of provable shares today is on the money. If the TF was bluffing, saying all cert requests would be honored, and Cede and co was comfortable in their NSS position, knowing not everyone would order certs, and the TF is showing 500 billion shares certified already, and Cede and Co is sitting on 700 to 800 billion shares, and the transfer agent today says "oops, all certifyable shares are now certified!"

Kind of leaves Cede and Co holding a big bag of poo-poo.

Enough speculating from me.

Reality: if the naked short does indeed become public; that is to say, the transfer agent says that's it - no more certifyable shares...and Cede and Co still has billions of CMKX remaining...and other shareholders are clammoring to get their certificates, what happens?

It's not a question of a short squeeze anymore, we're not trading. It becomes a situation of us extorting them to pay us off. Settle, or we make your nakedness a public matter.

Cede and co may be so arrogant as to think the task force would not be the catalyst in the collapse of the trading system. Exposing the corruption at the root of the system would surely shake the major markets.

They might think we're bluffing. The call for the rest of the shareholders to come out of the woodwork demanding certificates might be the response to a bluff being called. (you show your hand and it's a royal flush)

To me, it shows we will win this game, either by getting a SETTLEMENT (not a distribution of assets), or by collapsing the system. We got the goods is correct in more ways than one.

To me, it also shows that the people touting the idea of a settlement already being a done deal really didn't have a whole lot to go on when they said that. It appears that the whole thing is still in a state of flux. We are going to win...but it could be a win with riches, or a scorched Earth victory.

I have seen no evidence of any settlement money, account, escrow or payments made to anything or body connected with my shares. I have seen evidence to indicate the game is still in play..our bluff is being called, and we are prepared to proceed (it ain't no bluff).

As sick and tired as I am of this roller coaster. It's tollerable without the unprovable spec-o-lation. If you just look at what's in front of you, you can see, it's not a done deal, although we hold the winning hand. No money has changed hands yet...but when it does, it's not going to be a disbursement of assets, if it takes ALL of the shareholders to run Cede and Co dry. It'll be a public mess, requiring a settlement/bailout from the Fed.

The bluff call is working both ways. Do we have the avalable shareholders to pull the remaining AS in certs proving the naked short?

Do we have the guts to expose the scandal and cause the instability in the economic system? They think we're too scared of what may happen if we do.

, I'm beginning to ramble. but it helps.

Bottom line...we've got the winning hand. We may or may not get any settlement money. The game is still going on, with bluffs being called on both sides.

The wait is killing me...not to see who wins, but to see how much WE win, or if we simply collapse the system.

Now, I'l step back for a bit. Thanks for a great forum.

john

[svtcobra]

can this now stop us from listening to all of those "In the Know people..." No one knows whats happening, all these "sources" are junk. Everyone gets their hopes up and crushed---gets their hopes up and crushed---gets their hopes up and crushed---gets their hopes up and crushed---gets their hopes up and crushed--- this is rediculous. Look at tit this way, all the people that predicted riches beyound our wildest dreams with this PR...... ARE WRONG!! we now have PROOF that they know NOTHING so can we stop giving them credit and kudos for the stuff they are making up while drinking with their friends.


When the cert pull is over and we have people with shares that cant get certs then we win,,, not before ...

[glow=red,2,300]JMHO[/glow]

[xxed]

Something to think about.

If they mentioned in the add that will be printed in a national U.S. newspaper that everyone is getting $1.47 per share,

What do you think would happen?

A lot of people who did not know, and/or failed to request their certs would do so.
(Even a 100 thousand shares would be a nice chunk of change!)

I think if the remaining shareholders that have not been informed, have naked shorts, then it would increase the pain to those who would have to cover them.

Just a little speculation.

[smw625]

I can't wait to hear Jay's explanation for this!