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Post by wwjdthrume on Aug 10, 2006 17:28:23 GMT -6
Well at least Bill is still talking to us and it is reasuring that we will get a Press Release unoficially/officailly. Thanks Bill LadyDi - I swear I have aged at least 10 years since I've been in our beloved CMKX. Hi Diana (and Lady Di), Ditto to the third power! And the 20 pounds of blubber I added just enhances that 'aged' look. How special. Good or bad the PR will help us all deal with what it is. I am expecting good after all this time BUT this is CMKX and anything is possible. IMO-Debi
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Post by Lynn on Aug 10, 2006 17:31:04 GMT -6
Royal: I also read it the way you did. Maybe that's the optimism in us. I'm just glad to hear something. I had already resigned myself to not getting a PR until at least the 15th so what's a few more days (give or take). One thing we should be really good at is waiting-sometimes more patiently than others. Since our vacation will run from the 26th through the 9th and computer access will be limited, I just know that things will be hopping during that time period. I guess if things get really good we can always fly home early from St. Maarten and go back again later with more money to spend. ;D Thank you, Bill ,for making us feel as if we are back on the team! Lynn
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Post by homer on Aug 10, 2006 17:32:57 GMT -6
me too but last year people were guessing mid 30's now they are guessing early forties... still younger though Well I still am guessed quite a few years to the younger side so thats good. I just need something to blame my grey hairs on and this seemed as good a reason as any Di Not to butt in on you ladies hair conversation, but I have a funny story. I just turned 41, and everyone has given me a hard time about my gray hair lately. I could care less, but my wife seemed to like the idea of me coloring my hair, so what the heck. I bought hair color for men, used half a bottle of solution, and boy, I could still see gray! Then I used some more, still gray! With about 1/8 of the solution left, I noticed the bottle of light brown dye that should have been mixed with the solution. DOH! Well, I'm not gonna waste another 8 bucks, so I mixed some of it together, needless to say, my light brown, is dark, dark brown! Wife likes it, and kids don't notice, but I can't see how they don't. On the plus side, no more gray! Also, for a quick funny. If you go on 666, they have OG Update, Aug. 9th! They are so wrong about everything, they can't even get the date right!
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Post by jwlob on Aug 10, 2006 17:41:44 GMT -6
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Post by palmer on Aug 10, 2006 17:44:59 GMT -6
Well at least we heard from someone......LOL I'm not sure how to take it though.............. We wait some more
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Post by shroomman63 on Aug 10, 2006 17:46:31 GMT -6
Did bill slip up ? i don't remember the co. or any of bills updates talk about any interplead?
It is clear that many of you think I have some wealth of knowledge about the inner workings of the company and that I have information which is not being shared with you. That simply is not the case. I am not in the company's information loop. The task force does not have ongoing discussions or meetings about the cert pull. Don Stoecklein and Bob Maheu have resigned. At UC's request this office will continue to accept any certs faxed in by shareholders. I have agreed to keep accumulating the cert information as it comes in. UC has new lawyers that will continue whatever work is needed in that area. Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release.
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Post by pjannetto on Aug 10, 2006 17:54:59 GMT -6
This is much better news than UC saying "there is no PR". At least we know for sure one is coming!
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Post by gusjarvis on Aug 10, 2006 18:02:04 GMT -6
drop the bomb!
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Post by fishing4diamonds on Aug 10, 2006 18:07:47 GMT -6
Did bill slip up ? i don't remember the co. or any of bills updates talk about any interplead? It is clear that many of you think I have some wealth of knowledge about the inner workings of the company and that I have information which is not being shared with you. That simply is not the case. I am not in the company's information loop. The task force does not have ongoing discussions or meetings about the cert pull. Don Stoecklein and Bob Maheu have resigned. At UC's request this office will continue to accept any certs faxed in by shareholders. I have agreed to keep accumulating the cert information as it comes in. UC has new lawyers that will continue whatever work is needed in that area. Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release. And only YOU noticed that. So much for tomorrow. f4d~
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Post by royalstarofthelion on Aug 10, 2006 18:10:51 GMT -6
Well, IMHO it appears we are further behind than we anticipated. Don't look for the Mark Faulk book to make nice Christmas presents...it looks like we were trying to negotiate with the terrorists before making a decision to press this to an interplead...now, lets get out the legal calendar and see when we can schedule that hearing... I didn't read it that way ....... Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release. He just says he hopes it will be adderssed in the PR , not that it hasn't happened yet , he's obviously out of the loop , IMO . Royal f4d , I noticed it , pg 2 , lol
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Post by shroomman63 on Aug 10, 2006 18:23:43 GMT -6
Royal what I'm getting at IF I'm reading it correct, inter plead has only been talked about on the boards, not through any formal, pr/update. So for Bill to mention inter plead you would think he knows a little more than he is telling us. He's hoping when the pr comes out that the TF WORK AND INTER PLEAD will be discussed in the pr. amongst other things
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Post by popodaddy on Aug 10, 2006 18:24:16 GMT -6
Didn't someone say just today they got an email from frizz saying he wasn't representing the owners group any more? He may not be, and this update is a good way to get the email monkey off his back for a while. At any rate it's good to hear from him. At least someone has a line to Urban, even if it isn't much help. popo
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Post by shroomman63 on Aug 10, 2006 18:35:55 GMT -6
Fellow CMKXers,
The lack of information from the company seems to be taking its toll on many of you. When I reported to you five weeks ago that I was told a press release was forthcoming, I had no idea we would be in a wait this long. Mr. Moran's office (new CMKM corporate counsel) has indicated a press release is being prepared. I do not know the reasons for the delays in the publishing of this press release.
It was my understanding from several conversations with UC in the last six weeks that the information in this press release would give you a clear understanding of the course that will be taken by the company. I have never been told what facts will be coming out that might help us in our understanding of the company's status.
]b]IF this was for entourage shares why would we need to know the course the CO. is taking UNLESS??[/b][/color]
about the inner workings of the company and that I have information which is not being shared with you. That simply is not the case. I am not in the company's information loop. The task force does not have ongoing discussions or meetings about the cert pull. Don Stoecklein and Bob Maheu have resigned. At UC's request this office will continue to accept any certs faxed in by shareholders. I have agreed to keep accumulating the cert information as it comes in. UC has new lawyers that will continue whatever work is needed in that area. Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release.
The company does not call me concerning the current operations. I am asking the company for answers to your questions and I am asking that the company do what it has promised you it would do by releasing helpful information to you. It is my belief there are new people assisting UC and UC believes this will be of some benefit to us.[/color]
EXTRA ENTOURAGE SHARE I THINK NOT
I spoke with UC today. It is clear from our conversation that we will not have a press release this week. I did my dead level best to extract a date from UC on when this press release would come out. I was told he hopes we will have one next week, but he was reluctant to make any promises in that regard. (Don't shoot the messenger !)
As a fellow shareholder we really have few options as I see it at this time. For those of you who have emailed or called me asking the question "What do we do now?", we simply wait and see what information is contained in this press release. Please accept this as my response to your email. It would be quite time consuming to individually answer each email that I have received in the last week or so asking this question.
I wish this update contained more news, but I thought you might want to know of my conversation with UC today.
Onward,
Bill
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Post by starfire1 on Aug 10, 2006 18:37:09 GMT -6
Stocklein mentioned the interplead here. cmkxgroup.proboards88.com/index.cgi?board=taskforce&action=display&thread=1151017590&page=2June 21, 2006 Bill Frizzell Frizzell Law Firm 602 S. Broadway Tyler, Texas 75701 RE: CMKM TASK FORCE Dear Bill: This correspondence is in follow up to my conversations with CMKM management and our prior discussions relating to the completion of our assigned task as the "Task Force" in determining the bona fied stockholders of CMKM Diamonds. Pursuant to our conversations as a recommendation of the Task Force it is my understanding management has agreed to interplead the 45 million share Entourage certificate, which is being held for distribution to the CMKM stockholders. We have agreed, based upon review by outside council, the best method for such distribution is to attempt to obtain Federal court approval of the distribution. In light of the resources which were made available to you for purposes of establishing the bona fide stockholders of CMKM, you and your staff have done a remarkable job. Mr. Maheu and I appreciate the hard work. We are hopeful that the work product which you generated will provide the basis for an orderly and fair distribution of the assets of CMKM. From the time of Mr. Maheu's resignation in October of 2005 and waiver of all compensation due from CMKM, our resignation as counsel, and the subsequent contract with Entourage, Mr. Maheu and I have attempted to assist in facilitating the orderly distribution of assets of CMKM. Since the Task Force, by design, was set up for one intended purpose, the establishment of the distribution list and the subsequent distribution of the assets of CMKM, we believe the Task Force has carried the ball as far as possible, without incurring significant, non-compensable obligations or liability. CMKM management must now take our recommendation to the next step. As a result of the mutual decision and recommendation of the Task Force to interplead the Entourage certificate, Mr. Maheu and I have determined that our services are no longer required, and thus respectively resign as members of the Task Force. This resignation should be considered effective on the date set forth above. Yours Very Truly, Donald J. Stoecklein Royal what I'm getting at IF I'm reading it correct, inter plead has only been talked about on the boards, not through any formal, pr/update. So for Bill to mention inter plead you would think he knows a little more than he is telling us. He's hoping when the pr comes out that the TF WORK AND INTER PLEAD will be discussed in the pr. amongst other things
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Post by shroomman63 on Aug 10, 2006 18:40:55 GMT -6
Thank you starfire my memory is slowly but surely going on me Stocklein mentioned the interplead here. cmkxgroup.proboards88.com/index.cgi?board=taskforce&action=display&thread=1151017590&page=2June 21, 2006 Bill Frizzell Frizzell Law Firm 602 S. Broadway Tyler, Texas 75701 RE: CMKM TASK FORCE Dear Bill: This correspondence is in follow up to my conversations with CMKM management and our prior discussions relating to the completion of our assigned task as the "Task Force" in determining the bona fied stockholders of CMKM Diamonds. Pursuant to our conversations as a recommendation of the Task Force it is my understanding management has agreed to interplead the 45 million share Entourage certificate, which is being held for distribution to the CMKM stockholders. We have agreed, based upon review by outside council, the best method for such distribution is to attempt to obtain Federal court approval of the distribution. In light of the resources which were made available to you for purposes of establishing the bona fide stockholders of CMKM, you and your staff have done a remarkable job. Mr. Maheu and I appreciate the hard work. We are hopeful that the work product which you generated will provide the basis for an orderly and fair distribution of the assets of CMKM. From the time of Mr. Maheu's resignation in October of 2005 and waiver of all compensation due from CMKM, our resignation as counsel, and the subsequent contract with Entourage, Mr. Maheu and I have attempted to assist in facilitating the orderly distribution of assets of CMKM. Since the Task Force, by design, was set up for one intended purpose, the establishment of the distribution list and the subsequent distribution of the assets of CMKM, we believe the Task Force has carried the ball as far as possible, without incurring significant, non-compensable obligations or liability. CMKM management must now take our recommendation to the next step. As a result of the mutual decision and recommendation of the Task Force to interplead the Entourage certificate, Mr. Maheu and I have determined that our services are no longer required, and thus respectively resign as members of the Task Force. This resignation should be considered effective on the date set forth above. Yours Very Truly, Donald J. Stoecklein Royal what I'm getting at IF I'm reading it correct, inter plead has only been talked about on the boards, not through any formal, pr/update. So for Bill to mention inter plead you would think he knows a little more than he is telling us. He's hoping when the pr comes out that the TF WORK AND INTER PLEAD will be discussed in the pr. amongst other things
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Post by starfire1 on Aug 10, 2006 18:43:29 GMT -6
My mind is not doing that great either shroom must be cmkxbrainitis
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Post by shroomman63 on Aug 10, 2006 18:47:03 GMT -6
I hope they find a cure for us when this is said and done, i sure don't want to forget where i put my money My mind is not doing that great either shroom must be cmkxbrainitis
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Post by texastea on Aug 10, 2006 19:01:31 GMT -6
I have a question. Frizzel says Stocklein and Maheu have resigned. Wasn't it a few days ago, someone said they are still working for us. "Who is right?"
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Post by bullit on Aug 10, 2006 19:22:30 GMT -6
good catch shroomman!!!
"Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release."
looks like the judge has made his recommendations!
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Post by bygsky on Aug 10, 2006 19:38:00 GMT -6
Yep...Bill doesn't know if this is in process either. Was it a head fake? a misdirection? or hopefully a complete quash of the game plam. Still on the fence as to whether it may or may not have started. I am still hoping for this puppy to trade for some reason. Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release.
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Post by go2guy on Aug 10, 2006 19:41:26 GMT -6
I hope I'm wrong, but it says... "Hopefully the task force work and the decision of the company in regards to the recommended interpleader action will be addressed in the press release."
The Stoecklein resignation letter is also the recommended interpleader action we're talking about here...Don recommended to the company that they seek an interpleader action...The way this reads to me is...The company has yet to make that decision and hopefully this PR will tell us what they have decided to do. Therefore, I say that we have not even begun to walk down the interplead route yet, but have been trying to resolve this outside Federal Court to no avail.
Frizzell was the one that Don sent the letter to. Of course he knows about the interpleader reccommendation.
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Post by vkxer on Aug 10, 2006 19:46:51 GMT -6
Thanks Bill Frizzell and Thanks TexasPride.
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Post by shroomman63 on Aug 10, 2006 19:57:14 GMT -6
cardshark they left the TF, doesn't mean their not working for the co. AGAIN IBM and Stocklein are GONE What the heck Now we are doomed. I have always thought that as long as IBM in involved we must be in to something good. Now that he is gone, my confidence level has dropped significantly.
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Post by samadams on Aug 10, 2006 20:02:26 GMT -6
Ummm... Isn't the only remaining member of the Task Force Bill Frizzell??
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Post by shroomman63 on Aug 10, 2006 20:04:53 GMT -6
Card if i'm not mistaken after Maheu resigned from the TF his name appeared as director of cmkx where he wasn't there prior, there was a discussion at the time on this board about this very issue when i have time i will try to find it Shroom - it doesn't mean the "are" either. If you just read it at face value, I think it says their gone. I hope like heck I'm WRONG. cardshark they left the TF, doesn't mean their not working for the co. AGAIN
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