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Post by golden1101 on May 31, 2006 21:17:49 GMT -6
Why do you think we've been hearing rumors that money will be deposited in your account... Was it so that some might keep their account intact and not request certs or disturb their broker? Anyone have any more questions about the companies intent to get the shares out of broker/intermediary hands so that NO DISTRIBUTION GOES THROUGH THEM?  It ain't gonna be distributed to your brokerage account!! And it ain't gonna happen SOon... This letter is a shot across the bough...Bill is telling them that we have reasonable evidence to suggest something is wrong and NASD, it is time that you police yourself. We will also copy the SEC, a few Senators and others interested just to let them know that should we need to take this matter before them that we are following the proper proceedure to resolve this problem in a way that maintains an orderly market and integrity in the system...Beware, we may have to bite! I like this . . . Very clear. (but please . . . No more "shots across the bow" . . . Weve had like 436 of em already.  |
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Post by go2guy on May 31, 2006 21:20:24 GMT -6
Hey...Democracy is a messy game...at least 500 shots must be placed across the bough in order to satisfy the politically correct protectors of the system..
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Post by golden1101 on May 31, 2006 21:28:54 GMT -6
Hey...Democracy is a messy game...at least 500 shots must be placed across the bough in order to satisfy the politically correct protectors of the system.. 500 Thats it . . . I'm outta here!!  (  , right) |
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Post by Odyssey on May 31, 2006 21:35:26 GMT -6
The most alarming problems are represented by those shareholders who have been requesting certs from their brokers since the company’s first announcement of a distribution seven months ago. Here is a sampling of excuses being given to shareholders as reasons for their inability to obtain a cert:
“We had your cert, but it is now lost. It will take us another 6 to 8 weeks to obtain another one.”
“This stock purchase was a book entry only and no certificate is available.”
“Your stock was classified as a worthless security and is no longer in your account.”
“Our clearing firm has not been able to deliver these certificates due to a backlog of requests at the transfer agency.”
“I have been instructed we are no longer pulling certs for CMKM and there is nothing I can do. You need to contact the company.”
“CMKM Diamonds has a “K” code next to it, indicating that it is being held in safekeeping for the client. The clearing agent has made the decision not to issue certs but rather fax a copy of the certs it holds to the transfer agent.”
“Attached herewith is evidence of ownership of shares held electronically by XYZ clearing for ABC broker. ABC to confirm receipt of this proof of shares of CMKM and related companies are held with XYZ.”
“In light of the lack of cooperation (by the transfer agent), your May 15th, 2006 deadline must be bogus and must be extended, and Entourage shares could of course still be sent to ABC for the benefit of XYZ.”
“MNO said they had discussed with the Task Force the acceptability of the affidavit as proof of ownership in lieu of the certificate, and that it would be accepted.” No such conversation ever occurred with the Task Force members.
“We ordered your certificate, and it has been lost. You must now fill out a loss certificate.” The transfer agent confirms that no certificate was ever issued.
**Frizz, you are missing one....
"The dog ate it......
Peace N Hugz
O
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Post by dare2dream on May 31, 2006 21:38:10 GMT -6
Why do you think we've been hearing rumors that money will be deposited in your account... Was it so that some might keep their account intact and not request certs or disturb their broker? Anyone have any more questions about the company's intent to get the shares out of broker/intermediary hands so that NO DISTRIBUTION GOES THROUGH THEM? It ain't gonna be distributed to your brokerage account!! And it ain't gonna happen SOon...
This letter is a shot across the bough...Bill is telling them that we have reasonable evidence to suggest something is wrong and NASD, it is time that you police yourself. We will also copy the SEC, a few Senators and others interested just to let them know that should we need to take this matter before them that we are following the proper proceedure to resolve this problem in a way that maintains an orderly market and integrity in the system...Beware, we may have to bite! Why are we shooting at Christmas decorations? J/K--Have a good night all. Wake me when I am rich!!! |
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Post by genxer on May 31, 2006 21:48:38 GMT -6
Is this the same Senator Bennett that passed away last week?
AH no as a matter of fact it wasn't ..that was Benson, who also was Sec of the Tres. under the last president. As well as Michael Dukakis' running mate.
Sen Bennett is very much alive and fighting for NSS
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Post by Deleted on May 31, 2006 21:55:15 GMT -6
I knew Jack Kennedy, Jack Kennedy was a friend of mine...
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Post by genxer on May 31, 2006 21:56:15 GMT -6
I was just thinking about that...how does one get some one to pony up the $$ without saying buy your certs. That might be illegal but valuation sets a nice perfectly clear price tag. Especially when Frizz stated the O/S count in the letter to the NASD & SEC just so they would have that info nice and handy when it comes time Frankly . . . I Think almost everything "real" was in the trust . . . The TF numbers ARE the short . . . The borkers didn't know that until AFTER they delivered the certs (when the 14c lockup agreement opened up) . . . We got em right where we want em. They already "delivered" the cert, so they had to/have to pay, like it or not. JMHO Hey golden, i think you are on the right track with this. It really makes me smile because of the genius of it all |
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Post by ivory on May 31, 2006 22:01:55 GMT -6
Why Frizzell CC to only 12 selected individuals?? Could anyone explain???Does it look like a TEAM or Committee??TIA ////////////////// Cc: SEC-Leslie Hakala Sue Kelly (House Financial Services) Senator Shelby Senator Bennett Senator Hatch Senator Sarbanes Charles Moore-Securities Administrator-Nevada Senator Harry Reid Senator John Ensign Representative Shelly Berkley Representative Joe Gibbons Representative John Porter In my opinion he should of CC'd a few more: Financial Post Wall Street Journal New York Times National Post USA Today. etc, etc Thanks!!! Could those members have been selected by the DOJ for helping to resolve the NSS problem?? |
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Post by golden1101 on May 31, 2006 22:02:43 GMT -6
Frankly . . . I Think almost everything "real" was in the trust . . . The TF numbers ARE the short . . . The borkers didn't know that until AFTER they delivered the certs (when the 14c lockup agreement opened up) . . . We got em right where we want em. They already "delivered" the cert, so they had to/have to pay, like it or not. JMHO Hey golden, i think you are on the right track with this. It really makes me smile because of the genius of it all Who knows if I am right on that . . . But it would just be "one more hole" they found themselves in. |
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Post by taskforceviking on May 31, 2006 22:22:37 GMT -6
Time to pay the piper... "Tough assignments are not solved by wishful thinking, but rather by tough action." -Robert Maheu According to the SEC's website, www.sec.gov, "The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." "We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX. Classic... thanks for posting that... pivotal words. |
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Post by neba on May 31, 2006 22:56:40 GMT -6
this is frizzell acting as the owners group attorney, not a task force involvement.. and this complaint is filed as the owners group, not as the task force or from them.. big difference.. read the beginning.. then continue to read everything.. Greetings CMKX Owners Group members, WRONG.!!!!!!!!!!!! Frizzell makes it very clear in the letter that he is acting on behalf of the Task Force. This type of action was expected to occur. You don't really think IBM would allow this letter if not a part of what is expected. People need to forget about a quick settlement here. IT ISN'T GOING TO HAPPEN LIKE THAT. The task force is going to have to push this all the way before the bad boys settle up. WHY CAN'T PEOPLE FIGURE THAT OUT? This isn't chump change their talking here. WE WILL GET PAID. BUT NOT WITHOUT A FIGHT. This is only logical. Sorry. |
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Post by neba on May 31, 2006 22:59:15 GMT -6
this is frizzell acting as the owners group attorney, not a task force involvement.. and this complaint is filed as the owners group, not as the task force or from them.. big difference.. read the beginning.. then continue to read everything.. Greetings CMKX Owners Group members, This is from the letter..... "I am making this complaint in my capacity as a volunteer on the Task Force appointed by the company to determine its bonafide shareholders. I do not represent the company in any legal capacity other than being a volunteer to assist CMKM in identifying its bonafide shareholders. My law office has been the depository for shareholders to send copies of their certs once they receive the same from their broker. My office has worked closely with the official company transfer agent as we continue to gather evidence of bonafide ownership of CMKM stock." Am i missing something or is he representing the task force or just the owner's group with this letter? Thanks, Joe AGAIN. The Task Force. |
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Post by neba on May 31, 2006 23:04:31 GMT -6
If you're holding a royal flush in poker, and you KNOW the other guy has the "dead man's hand", HE might think aces n eights are good enough to win, until you call. Well, the money's on the table, all the raising is done, IBM has the royal flush, and two yet-to-be-named brokerage houses have the dead man's hand. When they realize they're going to be investigated, and if they lose (which they will), they'll probably lose their SEC license, lots and lots of money, including punitive damages, and MAYBE even their freedom (jail time including a pretty perp walk), they might just roll over and give up and make the deal everyone else apparently has. Long litigation? I sort of have my doubts. They have more to lose than gain...and if what Frizz's letter says is just HALF true, they've already lost! I say official PR from the company as my WAG tomorrow...and finish my wag with cash on the 9th. REMEMBER, just my wag. john This is what I agree with. This is the beginning to the... PUSH TO SETTLE OR ELSE. I think the amount of time will depend on how public the real powers that be want it. If they are afraid of public opinion then it will be shorter then later. IF NOT .... it will take awhile. |
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Post by curiouscraig on May 31, 2006 23:11:06 GMT -6
Sure I try to stay away one night and [glow=red,2,300]BOOM[/glow]I liked the letter it was to the point and enough details to make everyone go Oh OH !!! (should have had depends on) we have to get this settled before they start naming names. The issue is public now but the holdouts are still not revealed to give them one last chance to avoid legal action - which could involve losing there business, livelihood and their freedom. (Although I hear the food is good in prison. ) Tomorrow should be fun I hope CC |
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Post by ladydi on May 31, 2006 23:12:54 GMT -6
I believe this further distinguishes between the bona fide and non bona fide shareholders so that the bona fide can move on and the non bona fide can take up the fight with Friz and the task force. I see the focus of the task force changing direction to combat the brokers while the company moves on putting even more pressure on the brokers. Every dividend, asset, royalty, etc tightens the noose. In the meantime, the company merges, buys, sells, distributes, or even IPO's. I see some delay but not much. We still need a PR from the company to add to the leverage. Excellent whetstone, my thoughts exactly. We just have to be conscious that we made it in the ring so to speak and help those out who didnt if the time comes. Di  |
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Post by bosnerdley on May 31, 2006 23:34:59 GMT -6
Why Frizzell CC to only 12 selected individuals?? Could anyone explain???Does it look like a TEAM or Committee??TIA ////////////////// Cc: SEC-Leslie Hakala Sue Kelly (House Financial Sevices) Senator Shelby Senator Bennett Senator Hatch Senator Sarbanes Charles Moore-Securities Administrator-Nevada Senator Harry Reid Senator John Ensign Representative Shelly Berkley Representative Joe Gibbons Representative John Porter Senator Harry Reid Senator John Ensign Representative Shelly Berkley Representative Joe Gibbons Representative John Porter These 5 all represent the State of Nevada in Congress. Mr Frizzell is basing his argument on Nevada statutes, so, IMO that's why these 5 are included. (Except it should be Jim Gibbons, not "Joe") |
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Post by oldman on May 31, 2006 23:41:40 GMT -6
I think tramp hit the nail on the head, "another pondering.. frizz would only write this if things were all done" Frizzell is accomplishing 2 things with this, I think he THREATENED the offending brokerage houses already behind closed doors. They chose to call him on this, and he has now displayed his trump card(s) -- Making it public -- Officially forwarding it to the appropriate officials and government bodies, placing the brokerages houses viability in jeopardy. And secondly, keeping the faith (and honoring the company's promise) with all those shareholders who put forth a decent effort to obtain their certs -- letting them know they will not have to stand alone in their quest to be a part of the distribution. This was a master stroke, and though originally I thought this might portend a delay, this gambit is for the remaining cert holders and to FINALLY make sure the offending parties are certain they know they are playing with their own livelihoods when they decided to break the law with their counterfeits.  I wonder, if I owned one of those brokerages, just how well I would be sleeping tonight?  Mr. Frizzell has loaded the bases for today, which must mean Mr. Maheu is next to bat, imo. It's another good day to be a shareholder, imo. |
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Post by john3339 on Jun 1, 2006 3:04:40 GMT -6
I am guessing some certain brokerage houses are going to need their DEPENDS before we do! I'm thinking they were so arrogant, they thought they didn't NEED them. And now it's too late. |
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Post by john3339 on Jun 1, 2006 3:24:08 GMT -6
Why do you think we've been hearing rumors that money will be deposited in your account...
Was it so that some might keep their account intact and not request certs or disturb their broker? Anyone have any more questions about the company's intent to get the shares out of broker/intermediary hands so that NO DISTRIBUTION GOES THROUGH THEM? It ain't gonna be distributed to your brokerage account!! And it ain't gonna happen SOon... Does this give you an idea of who MIGHT have started the talk that payment would come through your account? This would stop the bickering about not receiving your certificate, if the BROKER told you not to worry...we have your cert, we turned your cert in, you'll get paid directly through your account." Mis-information designed to keep the brokers from having shareholders complain about not getting certificates. Mis-information that could be considered from "a reliable source". Mis-information spoon-fed to unsuspecting persons, who bring it to the board as a special disclosure...where the hungry fish eat the bait. Makes me think about al the delay news, hype dates, and other incorrect "stuff" that was brought here from other boards, from "reliable" sources. Heck, if a VP from a brokerage house got on the line with me and told me things, I'd consider that rather reliable in source, regardless of what I was told. And , I'd probably bring it here too, and scream it as oud as I could..."It's from a reliable source!" THIS makes me go HMMMMMMMMM! john |
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Post by bbildman on Jun 1, 2006 5:45:28 GMT -6
What is the possibility that the "ABC" "YXZ" and "MNO" entities (brokerage firms) are ACTUALLY named in the ACTUAL letter sent, rather than "alphabetted over" as in the PR release?
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Post by bucksnort on Jun 1, 2006 5:46:08 GMT -6
A cut from the 5/15/06 update:
"We have been in regular communication with the Transfer Agent and we have talked with representatives from many of the brokerage houses. We acknowledge that there are many shareholders who have not yet received their certs. We are fully aware that some brokers have taken a position that they do not plan to issue certificates to their shareholders in spite of their fiduciary duty to do so. We know of foreign shareholders that are being told their clearing firm for their broker cannot get certs. We know of Canadian shareholders whose accounts have never been included in the U.S. NOBO. We also know that many shareholders (some unknowingly) have had their accounts liquidated and may not be restored. There are many problems that need to be addressed.
We have documented the circumstances of many shareholders who are trying to obtain their certs but have been unable to do so for various reasons. We are aware there are many shareholders who maintain shares in street name that have not requested certs. We are aware of brokers who refuse to honor the requests of their shareholders to cert their holdings. I discuss these situations with shareholders daily so I am very familiar with the reasons being given for the brokers’ refusal to issue certs.
It was stated in the press release in November of 2005 that the Task Force would “use all means necessary, including bringing Federal or State court legal action to make certain all bona fide CMKM stockholders receive their proportionate allocation.” I am surprised at the actions of many brokers in the face of demands by their customers for certs on their accounts. I have been told there are brokers whose representatives have stated they will never voluntarily cert their accounts as requested by their shareholders. The Task Force was concerned this may occur when it became obvious that certain brokers were cooperating and some were not.
It will be my recommendation to the Task Force that we use all means necessary to assist the shareholder in obtaining their certs. We are most concerned with the legions of Ameritrade, RBC and TD Waterhouse customers (to name a few) who have been trying since November to obtain certs for their accounts. We have seen a copy of the instructions that were sent from the DTCC to its broker participants in November of 2005 advising them of this certificate request. It is much easier to understand the concerns of those brokers who were not notified in November of 2005 and shareholders who only recently learned of the company’s request for certs. The Task Force will make allowances for those shareholders who have certs in transit or simply did not receive notice of the company’s requests a short time ago. I have said on many occasions that this Task Force is not attempting to keep shareholders from obtaining their Entourage distribution, but is trying to make sure that all shareholders of CMKM Diamonds, Inc. receive this distribution.
Arrangements are being made at this time for a meeting between the Task Force and the Transfer Agent. The purpose of the meeting is to discuss the official shareholder list and to examine pending requests for certificates. The records of the Transfer Agent will be combined with the information received by the Task Force to arrive at a bona fide shareholder list. The Transfer Agent has been most helpful and cooperative with the company in our efforts to obtain a bona fide shareholder list. I have reasonable assurance from the parties that this meeting can occur this week. I have not been told when the company will issue a formal press release announcing the next step in the proceedings. "
* Looks like the shareholders without certs could be European and Canadian for the most part.
* He told us this was coming
* A-Turd/TDW and RBC could be the 2 he is talking about
* The comparing of the lists between TA and Bill must be done.
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Post by harryizmabelli on Jun 1, 2006 6:20:10 GMT -6
What is the possibility that the "ABC" "YXZ" and "MNO" entities (brokerage firms) are ACTUALLY named in the ACTUAL letter sent, rather than "alphabetted over" as in the PR release? No, I think they were actual names. Of course, the recipient of the letter would ask for some additional proof (original email) just to verify such a communication. Otherwise, if the TF sent "ABC" and "XYZ" than "WTF"? |
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Post by islandtime1 on Jun 1, 2006 9:04:18 GMT -6
Shortly after delisting, CMKM sold a major company asset consisting of a large number of mineral claims in Canada. The sale of this asset resulted in the company receiving 45,000,000 shares of an OTCBB stock called Entourage Mining Ltd. (ETGMF) The purchase agreement stipulated that such shares shall be distributed to the shareholders of CMKM. Recent press releases state that Entourage has a drilling program in operation and there is expectation of future development of the claims which were once owned by CMKM. The Entourage stock now trades in the .20 to .30 USD range. There is evidence of potential appreciation of this Entourage stock.
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Post by ivory on Jun 1, 2006 12:13:44 GMT -6
Hope Frizzell does not have to CC his next letter to these members...These members will kick the NSS' azzzz everywhere as possible....LOL
/////////////////////////////////////////////////////////////////////
01> Al Gore
02> Al Sharpton
03> Hillary Clinton
04> Jeese Jackson
05> Edward Kennedy
06> Michael More
08> George Soros
09> Jane Fonda
10> Michael Reagon
11> Jessica Simpson
12> Mickey Mouse
13> John Kerry
14> John Edward
15> Barbara Boxer
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It ain't gonna be distributed to your brokerage account!! And it ain't gonna happen SOon...
, right) 
