Post by sioux on Apr 17, 2008 5:58:14 GMT -6
Frequently Asked Questions
FAQ Session #12: April 16, 2008
Q) Is the naked short or fails to deliver in CMKX a dead issue?
A) The Company believes that a significant failure to deliver problem still exists in our stock. We are devoting enormous efforts to rebuilding and restructuring the company with the ultimate goal of being a traded security once again.
Q) Any comment on the Alberta Securities Commission (ASC) hearing to be held on April 9, 2008?
CALGARY, March 19 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing to seek an order reciprocal to Saskatchewan and Manitoba orders against CMKM Diamonds, Inc. ASC staff alleges that CMKM sold shares to Alberta residents without registering with the ASC or filing the proper documents required for distribution of securities under the Alberta Securities Act. The ASC hearing is scheduled for Wednesday, April 9, 2008.
A) The Company signed the linked reciprocal order with the ASC. There are no further actions needed to be taken by the Company. The actions of the Alberta Securities Commission were taken because of acts committed by prior management. Our investigation revealed no evidence which would allow us to dispute the charges of the Alberta Securities Commission.
Q) Is Urban Casavant, either directly or indirectly via family members or other intermediaries, funding any of the current operations or legal proceedings being undertaken by the current CMKM Diamonds Inc?
A) Absolutely NOT! Urban Casavant personally promised but never followed through with any funding that was needed and requested by the company in the first few weeks after he signed the company over to Mr. West at the end of March, 2007. The company has had no communications with Urban Casavant, either directly or indirectly since that time.
Q) According to a CMKM press release, on November 18, 2004 95 Million shares of a company knows as “ Juina Mining “ at the time was transferred to CMKX, then on November 30, 2004 another additional 127 Million shares were transferred to CMKX. At that time Juina Mining had 49% ownership of a company currently known as Diagem. This would give CMKX 18% ownership of this property. Would you be able to elaborate to the CMKX shareholders what has transpired?
A) We have found two deposits of 25 million shares each of Juina Mining stock into one of the many personal trading accounts of Urban Casavant. Our records show that the first Juina Mining dividend was distributed to shareholders in late 2005. Our records do not show any ownership of the Diagem properties by CMKM Diamonds, Inc. The disposition of the 127+ million shares mentioned in the press release dated October 16, 2004 with a supposed distribution date to shareholders of November 30, 2004 is part of our ongoing investigation.
Q) What happened to the Casavant International Mining (CIM) zinc claims?
A) Our investigation shows that in 2005 these claims were transferred into a new company, owned and directed by Emerson Koch. Our evidence indicates that on January 22, 2007 these claims were mentioned in a press release as the principal properties being developed in a joint venture with Golden Arch Resources. The company is giving full consideration to its options regarding these claims.
Q) Do you have any updates with regards to the money that is owed to us and has there been a trial set to recover our assets for CIM?
A) CMKM Diamonds, Inc. has nothing to do with the currently revoked company going by the name of Casavant International Mining Corporation. Feel free to contact the registered agent for this company, Steve Oshins or either of the listed officers of the corporation, Ron Casavant and/or Michael Williams with any of your questions regarding CIM.
www.cmkmdiamondsinc.com/faq_index.html
FAQ Session #12: April 16, 2008
Q) Is the naked short or fails to deliver in CMKX a dead issue?
A) The Company believes that a significant failure to deliver problem still exists in our stock. We are devoting enormous efforts to rebuilding and restructuring the company with the ultimate goal of being a traded security once again.
Q) Any comment on the Alberta Securities Commission (ASC) hearing to be held on April 9, 2008?
CALGARY, March 19 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing to seek an order reciprocal to Saskatchewan and Manitoba orders against CMKM Diamonds, Inc. ASC staff alleges that CMKM sold shares to Alberta residents without registering with the ASC or filing the proper documents required for distribution of securities under the Alberta Securities Act. The ASC hearing is scheduled for Wednesday, April 9, 2008.
A) The Company signed the linked reciprocal order with the ASC. There are no further actions needed to be taken by the Company. The actions of the Alberta Securities Commission were taken because of acts committed by prior management. Our investigation revealed no evidence which would allow us to dispute the charges of the Alberta Securities Commission.
Q) Is Urban Casavant, either directly or indirectly via family members or other intermediaries, funding any of the current operations or legal proceedings being undertaken by the current CMKM Diamonds Inc?
A) Absolutely NOT! Urban Casavant personally promised but never followed through with any funding that was needed and requested by the company in the first few weeks after he signed the company over to Mr. West at the end of March, 2007. The company has had no communications with Urban Casavant, either directly or indirectly since that time.
Q) According to a CMKM press release, on November 18, 2004 95 Million shares of a company knows as “ Juina Mining “ at the time was transferred to CMKX, then on November 30, 2004 another additional 127 Million shares were transferred to CMKX. At that time Juina Mining had 49% ownership of a company currently known as Diagem. This would give CMKX 18% ownership of this property. Would you be able to elaborate to the CMKX shareholders what has transpired?
A) We have found two deposits of 25 million shares each of Juina Mining stock into one of the many personal trading accounts of Urban Casavant. Our records show that the first Juina Mining dividend was distributed to shareholders in late 2005. Our records do not show any ownership of the Diagem properties by CMKM Diamonds, Inc. The disposition of the 127+ million shares mentioned in the press release dated October 16, 2004 with a supposed distribution date to shareholders of November 30, 2004 is part of our ongoing investigation.
Q) What happened to the Casavant International Mining (CIM) zinc claims?
A) Our investigation shows that in 2005 these claims were transferred into a new company, owned and directed by Emerson Koch. Our evidence indicates that on January 22, 2007 these claims were mentioned in a press release as the principal properties being developed in a joint venture with Golden Arch Resources. The company is giving full consideration to its options regarding these claims.
Q) Do you have any updates with regards to the money that is owed to us and has there been a trial set to recover our assets for CIM?
A) CMKM Diamonds, Inc. has nothing to do with the currently revoked company going by the name of Casavant International Mining Corporation. Feel free to contact the registered agent for this company, Steve Oshins or either of the listed officers of the corporation, Ron Casavant and/or Michael Williams with any of your questions regarding CIM.
www.cmkmdiamondsinc.com/faq_index.html
