Post by sandi66 on Sept 26, 2007 7:08:05 GMT -5
Oaks , from proboard :
In response to my question and your answers..
« Thread Started on Today at 2:43pm »
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Your answers and comments were excellent and thought provoking, thereby providing me the opportunity to better think through what you will read in this post. I have not discussed any of the following post with anyone before writing it out. It is controversial and I expect will also generate alot of discussion both positive and negative. It is just my opinion as are all the member posts we read on this forum.
I greatly appreciate being a member of this forum. I would like to acknowledge again my belief that the CMKX Millionaires board is the best in the land when it comes to ongoing discussion of our interests as CMKX SHAREHOLDERS.
Here goes........
When I was introduced to CMKX in Nov/03, one of the first documents I reviewed was the 14C, along with the supporting documents. Why is the 14C (and othe supporting documents) still relevant today? Simply because it is extremely well written and I believe put in place certain protectionary measures with very strong legal backing. This was also an OFFICIAL FILING with the SEC and it SCREAMS to me that the SEC knew from day one what was going on, what was going to happen and STILL KNOWS TODAY. I believe CMKX has ALWAYS been in the WATCHFUL EYE of the SEC. While I have definately flip flopped at times over this question, I do believe the word "TRAP" has been the OPERATIVE WORD from DAY 1.
I have concluded to think otherwise is both ILLOGICAL AND LUDICROUS. I believe the SEC has their eye on the ball with respect to the markets with a great deal of competence, along with the NASD, DTCC and other regulatory/legal bodies. Can they do better due to understaffing, underfunding, and beauracracy? Absolutely and I think significant positive progress has been made with the introduction of SHO and the removal of the grandfather clause, along with other regulatory improvements. While the SEC may be seen as slow to act, the SEC does act and I reference their recent actions regarding Nortel and additional litigations 3 years later. If anyone thinks the SEC does not act, take a look at these links:
www.sec.gov/litigation/litreleases.shtml
www.sec.gov/litigation/admin.shtml
www.sec.gov/litigation/suspensions.shtml
In order for the SEC to take the actions in these links, the SEC must have it's DUCK's IN A ROW. Extreme care must be taken with regard to the LAW. The SEC does not act in a willy nilly manner. If in fact the SEC set out to TRAP via CMKX, it will have been very difficult to achieve and hopefully culminate to the BENEFIT of INNOCENT CMKX SHAREHOLDERS.
What happened from the time of the 14C submission in Feb/03 to the point of delisting in Oct/05?
1. Shares went from 99,997,000 Common + 3,000,000 Preferred = 100,000,000 to 703 Billion Common. Throughout..the SEC did nothing to stop the issuance of these shares. This confusion over whether CMKX should have been reporting, etc. all along and which allowed for the incredible share issuance, to the blind eye of the SEC, never made sense as the SEC had to be very aware of the market activity of CMKX, yet they did nothing until the shares had been ISSUED and an INCREDIBLE number of SHAREHOLDERS had been created. Why? To SET THE TRAP and begin the process of TRAPPING some very NASTY AND DANGEROUS PEOPLE.
2. Hundreds of $millions of dollars flowed through the company, but noone to date knows where the money went?. My first inclination was to say NONSENSE and my gut still says NONSENSE. It is simply TOO MUCH MONEY for NOONE to know from a REGULATORY/LEGAL viewpoint and to date the SEC has not brought ANY LITIGATIONS against ANY INDIVIDUALS. Once the SEC had the INTENDED TRAPPED, they had to get their DUCK's IN A ROW. Precisely why this has taken longer than anticipated after the delisting.
3. 1.8 to 2 million acres (possibly more) of land was controlled by claims or options on claims. How could we not find kimberlite and diamonds with all this land? We were HOOKED, along with I believe some very NASTY and DANGEROUS people who were DRAWN into the GAME and I believe TOWARD the TRAP.
4. Promotion of the company throughout with 2004 and CMKXTREME fueling the promotion along with constant PR's and it created a MASSIVE SHAREHOLDER BASE. At the same time the NASTY and DANGEROUS people entered the TRAP and TOOK THE BAIT.
5. Nov/04 everything about CMKX begins to unravel and the ensuing year is a myriad of legal confusion...the Hearing, Mr. Casavant pleads the 5th, the order to delist, the appeal, Beakstead hired and Beakstead fired, CMKX halts the appeal and REQUESTS delisting. Only one word can describe the year between Nov/04 and Nov/05.....BIZARRE!
6. Nov/05 CMKX has been delisted. THE TRAP IS CLOSED and those within it CANNOT ESCAPE. The company has NO CLAIMS or OPTION to claims. The company also has NO MONEY. Shareholders are to receive a fractional distribution of Entourage shares which TO DATE has NEVER happened and now this is also in dispute between CMKX and Entourage. At the time of delisting CMKX had been completely STRIPPED and I believe ABANDONED. Why? Because it has served it's TRUE PURPOSE which had and always had NOTHING to do with Mr. Casavant intentionally setting out to shaft the shareholders for his own personal gain. The TASK FORCE was formed, the CERT PULL was done. The Task Force was dissolved....but the TRAP was made STRONGER.
7. Kevin West takes over along with Bill Frizzell but I for one can never figure out what they are doing and why. While Kevin will not speak to shareholders he is able to provide these Q and A updates of constant gloom and doom, but WE ARE PRESSING ON to get CMKX trading again and recover lost assets and money for the benefit of shareholders. If this really has been an SEC TRAP operation from Day 1 and Kevin and Bill really don't know, and can't be told, then it will be even more delightful if WE ALL WIN, including these gentlemen. However, if the CERT PULL was to help solidify an SEC TRAP it is almost IMPOSSIBLE for Kevin and Frizzell not to know!
Mr. Casavant said very early in 2004 (and said it numerous times) at the races in face to face discussions with SHAREHOLDERS:
IT'S ALL FOR THE SHAREHOLDERS !!...along with his comments to me:
"Patience will win" and "If you want to win you have to be in"
The delisting by the SEC at the REQUEST of the COMPANY is enough by itself to have one need depends on! What other company has ever REQUESTED delisting under these circumstances? I am not aware to date of any other public company doing so in this manner. Aside from the submission of the 14C, the delisting and how it came about is the next most significant event in this saga. Everything else that occurred between Feb/03 and the Oct/05 appears to have been a very complex maze/jungle of activities, events and people in order to EFFECT only 1 THING..... "TO TRAP".
The delisting and ensuing CERT PULL and REGISTRATION of shares by shareholders did 2 things. It LOCKED the BONAFIDE SHAREHOLDERS and also 100% TRAPPED the INTENDED nasty and dangerous people. The TASK FORCE said and repeatedly said to be truly LOCKED IN and to be able to participate in anything which might occur and provide BENEFIT to shareholders, those SHAREHOLDERS had to PULL their shares in CERT FORM and to REGISTER their CERTS to be a BONAFIDE SHAREHOLDER. Almost 40,000 shareholders REGISTERED but it had to be your choice. We could not be forced but I believe it did FORCE and SEAL the TRAP. Again, if this has been an SEC TRAP operation from DAY 1 it seems virtually impossible for Kevin West and Bill Frizzell not to know! Kevin through his updates says otherwise, but it simply does not add up!
Mr. Casavant told me in April/2006 he was working on a $4 bill. deal and he was in Europe at the time he told me this. If SHAREHOLDERS received $3.5 bill it would equate to approx .005 per share. It has always seemed like a FEASIBLE number...OVER and ABOVE anything else which might occur for the BENEFIT of SHAREHOLDERS, by I believe the ALWAYS INTENDED and ALWAYS GUIDED ACTIONS OF THE SEC.
Yes, it has been a LONG TIME and I have no way of knowing how much LONGER this may take. However, over the past few months my GUT has been telling me SOMETHING is coming and the CMKX journey will have been WORTH IT.
As this is all just my own personal opinion, I could also be totally off base with the content of this post. Each of us CHOSE to stay when CMKX was TRADING and each of us CHOSE to be BONAFIDE when the call was made for the CERT PULL and REGISTRATION of YOUR shares.
Has this always been and does it continue to be an SEC TRAP (STING if you prefer) from DAY 1? I believe it has been and it still is and that CMKX SHAREHOLDERS will....
STILL WIN !!
Let the debate continue.....
Oaks (aimho)
In response to my question and your answers..
« Thread Started on Today at 2:43pm »
--------------------------------------------------------------------------------
Your answers and comments were excellent and thought provoking, thereby providing me the opportunity to better think through what you will read in this post. I have not discussed any of the following post with anyone before writing it out. It is controversial and I expect will also generate alot of discussion both positive and negative. It is just my opinion as are all the member posts we read on this forum.
I greatly appreciate being a member of this forum. I would like to acknowledge again my belief that the CMKX Millionaires board is the best in the land when it comes to ongoing discussion of our interests as CMKX SHAREHOLDERS.
Here goes........
When I was introduced to CMKX in Nov/03, one of the first documents I reviewed was the 14C, along with the supporting documents. Why is the 14C (and othe supporting documents) still relevant today? Simply because it is extremely well written and I believe put in place certain protectionary measures with very strong legal backing. This was also an OFFICIAL FILING with the SEC and it SCREAMS to me that the SEC knew from day one what was going on, what was going to happen and STILL KNOWS TODAY. I believe CMKX has ALWAYS been in the WATCHFUL EYE of the SEC. While I have definately flip flopped at times over this question, I do believe the word "TRAP" has been the OPERATIVE WORD from DAY 1.
I have concluded to think otherwise is both ILLOGICAL AND LUDICROUS. I believe the SEC has their eye on the ball with respect to the markets with a great deal of competence, along with the NASD, DTCC and other regulatory/legal bodies. Can they do better due to understaffing, underfunding, and beauracracy? Absolutely and I think significant positive progress has been made with the introduction of SHO and the removal of the grandfather clause, along with other regulatory improvements. While the SEC may be seen as slow to act, the SEC does act and I reference their recent actions regarding Nortel and additional litigations 3 years later. If anyone thinks the SEC does not act, take a look at these links:
www.sec.gov/litigation/litreleases.shtml
www.sec.gov/litigation/admin.shtml
www.sec.gov/litigation/suspensions.shtml
In order for the SEC to take the actions in these links, the SEC must have it's DUCK's IN A ROW. Extreme care must be taken with regard to the LAW. The SEC does not act in a willy nilly manner. If in fact the SEC set out to TRAP via CMKX, it will have been very difficult to achieve and hopefully culminate to the BENEFIT of INNOCENT CMKX SHAREHOLDERS.
What happened from the time of the 14C submission in Feb/03 to the point of delisting in Oct/05?
1. Shares went from 99,997,000 Common + 3,000,000 Preferred = 100,000,000 to 703 Billion Common. Throughout..the SEC did nothing to stop the issuance of these shares. This confusion over whether CMKX should have been reporting, etc. all along and which allowed for the incredible share issuance, to the blind eye of the SEC, never made sense as the SEC had to be very aware of the market activity of CMKX, yet they did nothing until the shares had been ISSUED and an INCREDIBLE number of SHAREHOLDERS had been created. Why? To SET THE TRAP and begin the process of TRAPPING some very NASTY AND DANGEROUS PEOPLE.
2. Hundreds of $millions of dollars flowed through the company, but noone to date knows where the money went?. My first inclination was to say NONSENSE and my gut still says NONSENSE. It is simply TOO MUCH MONEY for NOONE to know from a REGULATORY/LEGAL viewpoint and to date the SEC has not brought ANY LITIGATIONS against ANY INDIVIDUALS. Once the SEC had the INTENDED TRAPPED, they had to get their DUCK's IN A ROW. Precisely why this has taken longer than anticipated after the delisting.
3. 1.8 to 2 million acres (possibly more) of land was controlled by claims or options on claims. How could we not find kimberlite and diamonds with all this land? We were HOOKED, along with I believe some very NASTY and DANGEROUS people who were DRAWN into the GAME and I believe TOWARD the TRAP.
4. Promotion of the company throughout with 2004 and CMKXTREME fueling the promotion along with constant PR's and it created a MASSIVE SHAREHOLDER BASE. At the same time the NASTY and DANGEROUS people entered the TRAP and TOOK THE BAIT.
5. Nov/04 everything about CMKX begins to unravel and the ensuing year is a myriad of legal confusion...the Hearing, Mr. Casavant pleads the 5th, the order to delist, the appeal, Beakstead hired and Beakstead fired, CMKX halts the appeal and REQUESTS delisting. Only one word can describe the year between Nov/04 and Nov/05.....BIZARRE!
6. Nov/05 CMKX has been delisted. THE TRAP IS CLOSED and those within it CANNOT ESCAPE. The company has NO CLAIMS or OPTION to claims. The company also has NO MONEY. Shareholders are to receive a fractional distribution of Entourage shares which TO DATE has NEVER happened and now this is also in dispute between CMKX and Entourage. At the time of delisting CMKX had been completely STRIPPED and I believe ABANDONED. Why? Because it has served it's TRUE PURPOSE which had and always had NOTHING to do with Mr. Casavant intentionally setting out to shaft the shareholders for his own personal gain. The TASK FORCE was formed, the CERT PULL was done. The Task Force was dissolved....but the TRAP was made STRONGER.
7. Kevin West takes over along with Bill Frizzell but I for one can never figure out what they are doing and why. While Kevin will not speak to shareholders he is able to provide these Q and A updates of constant gloom and doom, but WE ARE PRESSING ON to get CMKX trading again and recover lost assets and money for the benefit of shareholders. If this really has been an SEC TRAP operation from Day 1 and Kevin and Bill really don't know, and can't be told, then it will be even more delightful if WE ALL WIN, including these gentlemen. However, if the CERT PULL was to help solidify an SEC TRAP it is almost IMPOSSIBLE for Kevin and Frizzell not to know!
Mr. Casavant said very early in 2004 (and said it numerous times) at the races in face to face discussions with SHAREHOLDERS:
IT'S ALL FOR THE SHAREHOLDERS !!...along with his comments to me:
"Patience will win" and "If you want to win you have to be in"
The delisting by the SEC at the REQUEST of the COMPANY is enough by itself to have one need depends on! What other company has ever REQUESTED delisting under these circumstances? I am not aware to date of any other public company doing so in this manner. Aside from the submission of the 14C, the delisting and how it came about is the next most significant event in this saga. Everything else that occurred between Feb/03 and the Oct/05 appears to have been a very complex maze/jungle of activities, events and people in order to EFFECT only 1 THING..... "TO TRAP".
The delisting and ensuing CERT PULL and REGISTRATION of shares by shareholders did 2 things. It LOCKED the BONAFIDE SHAREHOLDERS and also 100% TRAPPED the INTENDED nasty and dangerous people. The TASK FORCE said and repeatedly said to be truly LOCKED IN and to be able to participate in anything which might occur and provide BENEFIT to shareholders, those SHAREHOLDERS had to PULL their shares in CERT FORM and to REGISTER their CERTS to be a BONAFIDE SHAREHOLDER. Almost 40,000 shareholders REGISTERED but it had to be your choice. We could not be forced but I believe it did FORCE and SEAL the TRAP. Again, if this has been an SEC TRAP operation from DAY 1 it seems virtually impossible for Kevin West and Bill Frizzell not to know! Kevin through his updates says otherwise, but it simply does not add up!
Mr. Casavant told me in April/2006 he was working on a $4 bill. deal and he was in Europe at the time he told me this. If SHAREHOLDERS received $3.5 bill it would equate to approx .005 per share. It has always seemed like a FEASIBLE number...OVER and ABOVE anything else which might occur for the BENEFIT of SHAREHOLDERS, by I believe the ALWAYS INTENDED and ALWAYS GUIDED ACTIONS OF THE SEC.
Yes, it has been a LONG TIME and I have no way of knowing how much LONGER this may take. However, over the past few months my GUT has been telling me SOMETHING is coming and the CMKX journey will have been WORTH IT.
As this is all just my own personal opinion, I could also be totally off base with the content of this post. Each of us CHOSE to stay when CMKX was TRADING and each of us CHOSE to be BONAFIDE when the call was made for the CERT PULL and REGISTRATION of YOUR shares.
Has this always been and does it continue to be an SEC TRAP (STING if you prefer) from DAY 1? I believe it has been and it still is and that CMKX SHAREHOLDERS will....
STILL WIN !!
Let the debate continue.....
Oaks (aimho)
;D 
