Post by liquidator on Apr 4, 2006 14:23:25 GMT -5
DrD
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Hi Everyone.
I hope you are well. I am just stopping in to say hi to Dave and all. I have been very busy establishing a new business and have been rarely available to participate in the boards. I do miss the atmosphere that has been generated by so many shareholders believing, working, rationalizing, speculating, searching, discussing, debating, etc… trying to arrive at the truth. It is unfortunate that CMKX has not provided us with enough information to find out what the truth really is or has been. I do want to thank all that have participated in the discussions and made beneficial contributions over the years to the information that has been gathered concerning CMKX and its actions.
Not much has changed in the last 4 months other than the certificate pull. We are still looking to see the veil pulled off the last couple of years and bring us up to date. Of course it is possible the update on past events may never come, but hopefully we will be brought up to speed with current events as Mr. Maheu had encouraged all of us to look forward to when he first arrived.
Sources are still communicating some information, but very little, as most have been waiting for the finalization of the bona-fide shareholders list. I believe a number has been set as being the magic number, which is less than the 703 billion. The remaining accounts in the market place that have not been pulled should show up on the ADP, plus any OBO NOBO lists that can be attained after that. These will be the beginning of the NSS position identification, IMHO.
The European and Asian markets will be much more difficult to tally accounts from as we have little to no power to reach into their systems. I would expect that cooperation from markets outside the U.S. may be stonewalled from participating or assisting the Task Force/CMKX by certain parties that are related to shorty and possibly the regulators.
Questions I have received from shareholders:
1. Do you believe that there is a NSS position?
Answer: I do believe there is a NSS position and it is going to take continued cooperation by the remaining shareholders that have not yet participated in the certificate pull to see this through.
2. Will CMKX exist after the distribution? Is Entourage the main portion we will receive?
Answer: On part 1 of your question - Yes! To what extent? I am not sure. Part 2 - Since the company (CMKX) is not revealing any pertinent information relating to CMKX's existence, holdings, and direction after the distribution then one is engaged by reason to expect that Entourage is the primary distribution at this time as the Task Force has said. It is possible that there may be some cash in the coffers at CMKX that could be distributed to CMKX shareholders, but it appears it would be "secondary" to the Entourage shares.
3. Many have asked where I think CMKX will go after the distribution?
Answer: Simply put, I have been encouraged by CMKI/M/X from the beginning, not by Urban's managerial skills, but by the potential of the claims that were being held by CMKX. One would have to take notice of the reports of the 1.9 million acres of mineral rights in FALC, hundreds of magnetic anomalies (that had been filtered out), kimberlitic and super kimberlitic targets, value comparisons with DeBeers/Kensington by Urban, etc... all have contributed to the continuing expectations I have held in CMKX's potential. Today, as I have no idea as to the remaining claims within CMKX, any anomalies, targets, or valuation then I have no way to know what to expect out of CMKX in the future. Urban was said to have health problems and since it is quite obvious now that the majority interest is held by the shareholders then I would expect that if there is a continuance of CMKX beyond the distribution then there would be of necessity a shareholders meeting. JMHO of course.
4. Is Entourage now in charge of the claims?
Answer: It does appear at this time that Urban has kind of passed the torch to Entourage/Shatzko on the claims we have treasured and valued so highly over the last few years and I believe they know what to do with them. I do believe that Entourage has the right approach to the claims and yes I am a shareholder of Entourage. As far as CMKX is concerned, I have heard reports/rumors of Zinc claims, diamonds, garnets, drilling, etc... over the last few months from within the CMKX environment, but nothing officially coming from the company and no confirmations from any outside sources.
5. In short, what should we expect?
Answer: In short, Entourage shares, any cash possibly left in CMKX, and the hope of a settlement from the NSS position appears to be the value still in play for us, IMHO.
6. What about a pay out?
Answer: We have all heard figures of a settlement and pay out from $4 to .00005 per share from rumors, theories, and speculations, and I know of no shareholder that would refuse a cash dividend or compensation of any kind, including this one writing this post. Reality seems to not hold such a fortuitous outlook in light of the company's status and the communications being released from the Task Force. I do believe cash can be generated and will be generated to produce some level or degree of benefit for us shareholders.
7. What do you think our chances are of winning?
Answer: I am still optimistic and believe that the powers that be are capable of salvaging maximum value from the remaining assets and utilizing what leverage that CMKX and us shareholders are capable of generating from being misused, abused, and naked shorted by the market. But, it is time consuming and probably will be months before anything is even announced as being in play. JMHO
8. Do you think the SEC is still going after Urban? And what about the number of shares CMKX released into the market over the last few years?
Answer: In answer to the first part of this question; I still am not convinced that Urban Casavant did anything particularly illegal although, IMHO, it appears that some of the decisions and actions were decidedly made hurriedly and very possibly unethically. JMHO. I will only comment briefly about the number of shares that CMKX released into the market place, especially after assurances to many shareholders in confidence that the company was in fact in the process of retiring shares. The Feb 2004 advertisement released by the company stated an estimated 37 billion O/S when it was in fact closer to 200 billion plus. I have found no justification for such a huge discrepancy in the numbers.
I would like to express my thanks and gratitude to Mr. Maheu, Mr. Stoecklein, Mr. Frizzell, Mr. Martin and the other task Force volunteers and assistants that have taken time out of their busy lives and are taking a stand for CMKXers world-wide. I have never experienced anything like this company, this stock, the market, and shareholders in my life and probably never will again.
Sorry to take so long, but I guess you are kind of used to it by now.
Keep the faith. I do believe success is still at hand and it is going to take everyone of us participating and also encouraging others to participate in order for us to get the most financially out of this experience and allow everyone to see a joyful conclusion to this saga.
Be well! Success is in hand!
--------------------------------------------------------------------------------
Hi Everyone.
I hope you are well. I am just stopping in to say hi to Dave and all. I have been very busy establishing a new business and have been rarely available to participate in the boards. I do miss the atmosphere that has been generated by so many shareholders believing, working, rationalizing, speculating, searching, discussing, debating, etc… trying to arrive at the truth. It is unfortunate that CMKX has not provided us with enough information to find out what the truth really is or has been. I do want to thank all that have participated in the discussions and made beneficial contributions over the years to the information that has been gathered concerning CMKX and its actions.
Not much has changed in the last 4 months other than the certificate pull. We are still looking to see the veil pulled off the last couple of years and bring us up to date. Of course it is possible the update on past events may never come, but hopefully we will be brought up to speed with current events as Mr. Maheu had encouraged all of us to look forward to when he first arrived.
Sources are still communicating some information, but very little, as most have been waiting for the finalization of the bona-fide shareholders list. I believe a number has been set as being the magic number, which is less than the 703 billion. The remaining accounts in the market place that have not been pulled should show up on the ADP, plus any OBO NOBO lists that can be attained after that. These will be the beginning of the NSS position identification, IMHO.
The European and Asian markets will be much more difficult to tally accounts from as we have little to no power to reach into their systems. I would expect that cooperation from markets outside the U.S. may be stonewalled from participating or assisting the Task Force/CMKX by certain parties that are related to shorty and possibly the regulators.
Questions I have received from shareholders:
1. Do you believe that there is a NSS position?
Answer: I do believe there is a NSS position and it is going to take continued cooperation by the remaining shareholders that have not yet participated in the certificate pull to see this through.
2. Will CMKX exist after the distribution? Is Entourage the main portion we will receive?
Answer: On part 1 of your question - Yes! To what extent? I am not sure. Part 2 - Since the company (CMKX) is not revealing any pertinent information relating to CMKX's existence, holdings, and direction after the distribution then one is engaged by reason to expect that Entourage is the primary distribution at this time as the Task Force has said. It is possible that there may be some cash in the coffers at CMKX that could be distributed to CMKX shareholders, but it appears it would be "secondary" to the Entourage shares.
3. Many have asked where I think CMKX will go after the distribution?
Answer: Simply put, I have been encouraged by CMKI/M/X from the beginning, not by Urban's managerial skills, but by the potential of the claims that were being held by CMKX. One would have to take notice of the reports of the 1.9 million acres of mineral rights in FALC, hundreds of magnetic anomalies (that had been filtered out), kimberlitic and super kimberlitic targets, value comparisons with DeBeers/Kensington by Urban, etc... all have contributed to the continuing expectations I have held in CMKX's potential. Today, as I have no idea as to the remaining claims within CMKX, any anomalies, targets, or valuation then I have no way to know what to expect out of CMKX in the future. Urban was said to have health problems and since it is quite obvious now that the majority interest is held by the shareholders then I would expect that if there is a continuance of CMKX beyond the distribution then there would be of necessity a shareholders meeting. JMHO of course.
4. Is Entourage now in charge of the claims?
Answer: It does appear at this time that Urban has kind of passed the torch to Entourage/Shatzko on the claims we have treasured and valued so highly over the last few years and I believe they know what to do with them. I do believe that Entourage has the right approach to the claims and yes I am a shareholder of Entourage. As far as CMKX is concerned, I have heard reports/rumors of Zinc claims, diamonds, garnets, drilling, etc... over the last few months from within the CMKX environment, but nothing officially coming from the company and no confirmations from any outside sources.
5. In short, what should we expect?
Answer: In short, Entourage shares, any cash possibly left in CMKX, and the hope of a settlement from the NSS position appears to be the value still in play for us, IMHO.
6. What about a pay out?
Answer: We have all heard figures of a settlement and pay out from $4 to .00005 per share from rumors, theories, and speculations, and I know of no shareholder that would refuse a cash dividend or compensation of any kind, including this one writing this post. Reality seems to not hold such a fortuitous outlook in light of the company's status and the communications being released from the Task Force. I do believe cash can be generated and will be generated to produce some level or degree of benefit for us shareholders.
7. What do you think our chances are of winning?
Answer: I am still optimistic and believe that the powers that be are capable of salvaging maximum value from the remaining assets and utilizing what leverage that CMKX and us shareholders are capable of generating from being misused, abused, and naked shorted by the market. But, it is time consuming and probably will be months before anything is even announced as being in play. JMHO
8. Do you think the SEC is still going after Urban? And what about the number of shares CMKX released into the market over the last few years?
Answer: In answer to the first part of this question; I still am not convinced that Urban Casavant did anything particularly illegal although, IMHO, it appears that some of the decisions and actions were decidedly made hurriedly and very possibly unethically. JMHO. I will only comment briefly about the number of shares that CMKX released into the market place, especially after assurances to many shareholders in confidence that the company was in fact in the process of retiring shares. The Feb 2004 advertisement released by the company stated an estimated 37 billion O/S when it was in fact closer to 200 billion plus. I have found no justification for such a huge discrepancy in the numbers.
I would like to express my thanks and gratitude to Mr. Maheu, Mr. Stoecklein, Mr. Frizzell, Mr. Martin and the other task Force volunteers and assistants that have taken time out of their busy lives and are taking a stand for CMKXers world-wide. I have never experienced anything like this company, this stock, the market, and shareholders in my life and probably never will again.
Sorry to take so long, but I guess you are kind of used to it by now.
Keep the faith. I do believe success is still at hand and it is going to take everyone of us participating and also encouraging others to participate in order for us to get the most financially out of this experience and allow everyone to see a joyful conclusion to this saga.
Be well! Success is in hand!