Post by raidermike99 on May 11, 2007 18:49:16 GMT -5
CEO Updates
To all CMKM shareholders:
5-11-07
I will be in Nevada State District Court this coming Tuesday with the attorneys that the Company has hired. We are seeking rulings on our requests for a temporary restraining order and injunctive relief.
A sincere and genuine effort is underway in an attempt to recover value that our legal team and I believe was inappropriately removed from the company by former insiders. Litigation timeframes are inexact. While this litigation is proceeding, we are working with accountants to help us regain reporting status. A part of the injunctive relief involves protection against those that might want to impede our efforts to obtain all financial records of the Company.
Any cause of action that I take must contribute to the stability and long term success of the Company. The current litigation and my findings in the continuing investigation into all recoverable assets will be important as we proceed. If an Interpleader action truly distributes the sole remaining asset of the Company, such action may not be in the best interests of the Company. We are discussing other ways to identify our shareholder base without filing an Interpleader. A lot of options exist and we are examining them in great detail.
The Company has recently retained the services of Susanne Trimbath who is the CEO and Chief Economist of STP Advisors in Santa Monica, California. Ms. Trimbath has agreed to help the Company in our efforts to determine “fails to deliver” in our stock. She is currently reviewing much of the material gathered by the Company in the last two years including but not limited to: NOBO lists, shareholder certificate lists, DTC security position reports and information gathered about certain brokers during the cert pull.
For reasons unknown, there are individuals who continue to disseminate improper, inaccurate, misleading and potentially damaging information regarding CMKM, its current and future actions and corporate activities. There are still many references being passed around as to negotiated payouts, settlements, government stings, etc. There are no such activities and I must again ask that all shareholders completely dismiss any of this misinformation.
Many shareholders are requesting answers to a myriad of questions. A large portion of these questions concern matters that are involved in litigation. The attorneys have asked me not to answer privately or publicly many of these questions that I get from shareholders. We have individuals that do not want this company to succeed. It is not proper during litigation to disclose certain information that might be helpful to our opponents: matters such as arrangements with attorneys regarding legal fees and their expenses, payments for expert consultants and their expenses and payments for any other professional needs. Please be advised that the Company has made more than adequate arrangements for funding in each of these areas.
I also get regular questions from shareholders that suggest that the Company is involved in secret plans and meetings on matters not being officially disseminated to the shareholders. The current state of the Company can be determined by reading the “facts” that are set out “under oath” in our lawsuits and court pleadings.
I have been visiting with experts about the Entourage claims and the core samples which I have personally examined. I will report to you any plans regarding these assets when I have something definitive to discuss with you.
I look forward to sharing another update with you sometime next week after our hearing.
Don’t forget to tell your Mothers how much you love and care for them and please have a safe and happy Mother’s Day weekend.
Thank you for your continued support,
Kevin West
CEO
To all CMKM shareholders:
5-11-07
I will be in Nevada State District Court this coming Tuesday with the attorneys that the Company has hired. We are seeking rulings on our requests for a temporary restraining order and injunctive relief.
A sincere and genuine effort is underway in an attempt to recover value that our legal team and I believe was inappropriately removed from the company by former insiders. Litigation timeframes are inexact. While this litigation is proceeding, we are working with accountants to help us regain reporting status. A part of the injunctive relief involves protection against those that might want to impede our efforts to obtain all financial records of the Company.
Any cause of action that I take must contribute to the stability and long term success of the Company. The current litigation and my findings in the continuing investigation into all recoverable assets will be important as we proceed. If an Interpleader action truly distributes the sole remaining asset of the Company, such action may not be in the best interests of the Company. We are discussing other ways to identify our shareholder base without filing an Interpleader. A lot of options exist and we are examining them in great detail.
The Company has recently retained the services of Susanne Trimbath who is the CEO and Chief Economist of STP Advisors in Santa Monica, California. Ms. Trimbath has agreed to help the Company in our efforts to determine “fails to deliver” in our stock. She is currently reviewing much of the material gathered by the Company in the last two years including but not limited to: NOBO lists, shareholder certificate lists, DTC security position reports and information gathered about certain brokers during the cert pull.
For reasons unknown, there are individuals who continue to disseminate improper, inaccurate, misleading and potentially damaging information regarding CMKM, its current and future actions and corporate activities. There are still many references being passed around as to negotiated payouts, settlements, government stings, etc. There are no such activities and I must again ask that all shareholders completely dismiss any of this misinformation.
Many shareholders are requesting answers to a myriad of questions. A large portion of these questions concern matters that are involved in litigation. The attorneys have asked me not to answer privately or publicly many of these questions that I get from shareholders. We have individuals that do not want this company to succeed. It is not proper during litigation to disclose certain information that might be helpful to our opponents: matters such as arrangements with attorneys regarding legal fees and their expenses, payments for expert consultants and their expenses and payments for any other professional needs. Please be advised that the Company has made more than adequate arrangements for funding in each of these areas.
I also get regular questions from shareholders that suggest that the Company is involved in secret plans and meetings on matters not being officially disseminated to the shareholders. The current state of the Company can be determined by reading the “facts” that are set out “under oath” in our lawsuits and court pleadings.
I have been visiting with experts about the Entourage claims and the core samples which I have personally examined. I will report to you any plans regarding these assets when I have something definitive to discuss with you.
I look forward to sharing another update with you sometime next week after our hearing.
Don’t forget to tell your Mothers how much you love and care for them and please have a safe and happy Mother’s Day weekend.
Thank you for your continued support,
Kevin West
CEO
