Post by raidermike99 on May 12, 2009 6:00:22 GMT -5
Corporate Updates
May 11, 2009
CMKM Diamonds Announces 2nd Property from Eton Properties Corp.
CMKM has now received deed to a second parcel of property as part of the settlement with Eton Properties Corp. This property is 62.176 acres located in Franklin, Virginia. The Company's legal counsel is currently working to resolve some legal issues regarding the transfer fees due at the time of recording the deed in Southampton County, Virginia. Once these issues have been taken care of, the deed will be properly recorded in the name of CMKM Diamonds, Inc. The settlement agreement between CMKM and Eton Properties, Inc. contains a strictly worded confidentiality clause, so the settlement agreement will not be posted on the web site. The Board of Directors of CMKM Diamonds, Inc. has approved the settlement agreement.
May 11, 2009
CMKM Diamonds Announces 2nd Property from Eton Properties Corp.
CMKM has now received deed to a second parcel of property as part of the settlement with Eton Properties Corp. This property is 62.176 acres located in Franklin, Virginia. The Company's legal counsel is currently working to resolve some legal issues regarding the transfer fees due at the time of recording the deed in Southampton County, Virginia. Once these issues have been taken care of, the deed will be properly recorded in the name of CMKM Diamonds, Inc. The settlement agreement between CMKM and Eton Properties, Inc. contains a strictly worded confidentiality clause, so the settlement agreement will not be posted on the web site. The Board of Directors of CMKM Diamonds, Inc. has approved the settlement agreement.
