Post by Deleted on Sept 17, 2010 17:36:22 GMT -6
September 17, 2010
CMKM Diamonds, Inc. is very happy to announce the completion of the form 1120 Internal Revenue Income Tax Returns for years 2002, 2003,2004,2005,2006,2007,2008,and 2009.
Using the subpoena power granted by the District Court of Clark County Nevada, we have been able to recover all of CMKM bank records from various banks accounts known to us that the prior management used in years 2002 -2005. After intensive work by the Company’s accounting firm, 4 years of financials have been prepared based on the information we could gather. Current Management had already filed years 2006-2008 on time. However, after completing the previous years, the new financial data obligated the Company to restate years 2006, 2007 and 2008. Each of these IRS filings have been filed in addition to the most current year filing for 2009.
One of our main goals has always been to establish a foundation that would one day support the Company’s efforts to return to trading status. Filing these returns has moved the Company one step closer to that goal.
The Company is happy to now make available to shareholders the financial statements of the combined 2002 – 2009 Balance Sheet and the combined 2002 – 2009 P&L Statement. (Click HERE www.cmkmdiamondsinc.com/documents/2002-2009%20combined%20financials.pdf to be directed to those statements) Please understand that these statements contain the combined numbers from all of the financial data available for the full eight years. We have made notations on several of the entries to make them more understandable. Many of the minor settlements that are shown were made under non-disclosure agreements between the parties. CMKM is devoting substantial time and resources in its ongoing attempt to collect on all judgments obtained by the Company through its litigation.
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The United States Department of Justice has brought a criminal indictment against John M. Edwards, Urban Casavant, Helen Bagley, Brian Dvorak, Ginger Gutierrez and James Kinney alleging that they conspired to commit, and did commit, securities fraud involving the issuance and sale of CMKM stock. The United States Attorney for the District of Nevada has posted information regarding this criminal case on its website at www.usdoj.gov/usao/nv/victim_witness/case_updates.html
Federal prosecutors will periodically update this information to notify shareholders and victims of significant events in that case and the status of those proceedings. Shareholders and victims of this alleged scheme are invited to visit the website for additional information and instructions.
www.cmkmdiamondsinc.com/index.html
CMKM Diamonds, Inc. is very happy to announce the completion of the form 1120 Internal Revenue Income Tax Returns for years 2002, 2003,2004,2005,2006,2007,2008,and 2009.
Using the subpoena power granted by the District Court of Clark County Nevada, we have been able to recover all of CMKM bank records from various banks accounts known to us that the prior management used in years 2002 -2005. After intensive work by the Company’s accounting firm, 4 years of financials have been prepared based on the information we could gather. Current Management had already filed years 2006-2008 on time. However, after completing the previous years, the new financial data obligated the Company to restate years 2006, 2007 and 2008. Each of these IRS filings have been filed in addition to the most current year filing for 2009.
One of our main goals has always been to establish a foundation that would one day support the Company’s efforts to return to trading status. Filing these returns has moved the Company one step closer to that goal.
The Company is happy to now make available to shareholders the financial statements of the combined 2002 – 2009 Balance Sheet and the combined 2002 – 2009 P&L Statement. (Click HERE www.cmkmdiamondsinc.com/documents/2002-2009%20combined%20financials.pdf to be directed to those statements) Please understand that these statements contain the combined numbers from all of the financial data available for the full eight years. We have made notations on several of the entries to make them more understandable. Many of the minor settlements that are shown were made under non-disclosure agreements between the parties. CMKM is devoting substantial time and resources in its ongoing attempt to collect on all judgments obtained by the Company through its litigation.
--------------------------------------------------------------------------------
The United States Department of Justice has brought a criminal indictment against John M. Edwards, Urban Casavant, Helen Bagley, Brian Dvorak, Ginger Gutierrez and James Kinney alleging that they conspired to commit, and did commit, securities fraud involving the issuance and sale of CMKM stock. The United States Attorney for the District of Nevada has posted information regarding this criminal case on its website at www.usdoj.gov/usao/nv/victim_witness/case_updates.html
Federal prosecutors will periodically update this information to notify shareholders and victims of significant events in that case and the status of those proceedings. Shareholders and victims of this alleged scheme are invited to visit the website for additional information and instructions.
www.cmkmdiamondsinc.com/index.html
