CMKM Corporate Update 8.14.09

[portrush]

August 14, 2009
CMKM Diamonds, Inc. Ammounces Amendments to Lawsuits

CMKM Diamonds, Inc. filed an amendment yesterday to add several individuals and entities to their current lawsuit in Nevada against former CEO Urban Casavant and other insiders of the Company. The amendments include attorney Donald Roger Glenn, Rendal Williams, Cierra Williams, former Silver State Bank representative Patricia DeCosta, Monte Verde Holdings, and Edwards, Angell, Palmer and Dodge LLP. The lawsuit, originally filed on April 25, 2007, is one of several legal actions against individuals and entities who are believed to have played a major role in the fraudulent insider activities and massive stock dilution of the company. Additional lawsuits and actions against other parties are planned by the Company.

This newly amended lawsuit is posted on the Company website at www.cmkmdiamondsinc.com/documents/casavant_amendment_8-13-09.pdf

CMKM Diamonds, Inc. has also filed an amendment in Texas to add several individuals and entities to their current lawsuit against Casavant family members and other insiders of the Company.

This newly amended lawsuit is posted on the Company website at www.cmkmdiamondsinc.com/documents/texas_amendment_8-13-09.pdf

[hunter3]

pretty smart---not!!!--takes them 2 years to add to the suit new people. why not put this all together from the start instead of waiting two years ?? guess they had to get interest on the 588. 00 in order to go any further!!!lol!!!!!!

hunter3

[tonypro]

This is an easy one.........

When you have nothing nice to say, don't say anything.......


SOOOooooooooooooo..........

NO Comment

Tony P.

[TexasPride]

Aug 14, 2009 20:25:38 GMT -6 tonypro said:

This is an easy one.........

When you have nothing nice to say, don't say anything.......


SOOOooooooooooooo..........

NO Comment

Tony P.

I'll say it...

These freakin' clowns are going to drag this on, forever...

With that, one word comes to mind - - - Receivership...

[audreyhepburn]

Ok I read the amended suit. My take is this had to be put out there to 1. Tell the "story" and divert from the nss as we cannot be paid publicly by the brokerages for naked shorting. 2 by casting a large net of suspects and accounts the public will never know where the money came from. After all we all know we were nss'd and the brokerages paid. Call me crazy but I always felt it would be in our darkest hour when all throw in the towel that we would get paid.

[Deleted]

i am not surprised as to who, what, and when , , we had to know it was heading downstream,.... 7 years and not one solid pr from those within , ,.. where do we go from here. law suits , law suits , law suits ,. never ending saga , i just hope all who deserve jail time get it . its sad to see such a potential go down this way ,... well any way i still hope that there will be some retibuition from all of this , god help all bonifieds,..not giving up . ...twt.

[popodaddy]

Fine..... Fine..... So you're gonna sue some more people.
Do your little thing for whatever reason. but HOW IS THE TESTING OF THE CORE SAMPLES COMING ALONG?

popo

[popodaddy]

And while we're at it. How much money have you actually collected so far from all of this litigation? Why aren't these people being prosecuted? I'm sick of people telling me "next week" and I'm sick of people believing and perpetuating the myth. If you are really in control you can stop all of the bull crap. First you need to stop your own bull crap.

popo

[wwjdthrume]

I can only hope that the inclusion of Roger Glenn AND his firm is a power play to force closure. IF (and it is IF) this was a sting AND, IF there are monies that have been paid; and/or promises and assurances given behind closed doors to pay the company and the long suffering shareholders - THEN maybe (Please God!), the possibility of the truth seeing the light of day may be enough to nudge things along. (I was going to say speed things along, but a nudge would equate to the speed of light at this point).

IMO only- Debi

[portrush]

Aug 14, 2009 20:28:22 GMT -6 TexasPride said:

With that, one word comes to mind - - - Receivership...

Zzzactly.


pr