الخبر بالتفصيل
On Feb. 17, 2006, the Task Force stated, "In order to be considered a
bonafide stockholder of CMKM, a physical stock certificate issued in
his/her/its name will need to be presented to the Task Force for
confirmation on or before the extended date of March 15, 2006 or as
further extended in the sole discretion of the Task Force. It is
unlikely that this date will be extended again, unless to provide
sufficient opportunity for CMKM Stockholders to obtain their
certificates from brokerage houses, the DTC, and the Transfer Agent."
As a result of numerous communications between the Frizzell Law Firm
and the DTC, several brokerage firms, and a number of stockholders
who have indicated they have not received their certificates from
their brokerage firms, and in light of the proposed notice to
stockholders described below, the Task Force is providing until 5
p.m. Pacific Standard Time on May 15, 2006, for the authentication of
certificate ownership. In addition, the additional time will provide
all regulatory agencies sufficient time to provide notice to the Task
Force as to any irregularity or issue in the proposed method of
distribution.
There has been considerable burden and expense in determining the
most efficient method by which stockholders should be notified.
Several lists have been obtained from the CMKM Transfer Agent and the
ADP (NOBO/OBO) lists, all of which reflect stockholders of CMKM. It
is imperative the Task Force use all reasonable efforts to notify the
CMKM stockholders and provide sufficient time for each stockholder to
obtain and communicate ownership of their share certificate(s) to the
Task Force. The Task Force is preparing to provide written notice to
CMKM stockholders pursuant to Section 78.370 of the Nevada Revised
Statutes, thus the reason for the supplementary time referenced
above. Further, the Task Force plans to print a notice to
stockholders in at least one national U.S. newspaper. The Task Force
is sensitive to the fact this delay may bother some stockholders who
have complied with the previous authentication date; however, it is
the collective reasoning of all concerned that the mandate of the
Task Force be upheld, that being "to assist the stockholders of CMKM
in obtaining a distribution of the assets of CMKM." The Task Force is
grateful to Urban Casavant for continuing to personally pay the
expenses associated with this distribution, including the extensive
notification campaign, and the undying commitment of the Frizzell Law
Firm in managing the certificate authentication campaign.
It is imperative CMKM stockholders understand none of the Task Force
members (Robert A. Maheu, Bill Frizzell and Donald Stoecklein), or
their respective firms, is employed by or works for CMKM Diamonds
Inc. or Casavant. The Task Force has been notified of CMKM's
engagement of John T. Moran III, of Las Vegas, as its new corporate
legal counsel.
The Task Force has confirmed Casavant and his immediate family have
voluntarily chosen not to participate in the distribution in
recognition of Casavant's commitment to the CMKM stockholders. The
shares marked for distribution to these individuals will remain in
the pool of shares and distributed to the remaining stockholders on a
pro rata basis.
As a reminder, certificates are only being utilized to verify
entitlement to a percentage of the distribution of CMKM assets,
primarily consisting, at this time, of the Entourage stock.
Stockholders will retain their CMKM shares upon completion of the
verification process and continue to be owners of CMKM. Neither the
Task Force, nor any member, is involved or plans to be involved in
the continued operation of CMKM post distribution of the Entourage
stock. At this time it is not possible to estimate how long the
verification process will take or if the May 15, 2006, date will need
to be lengthened. Any stockholder who cannot produce a certificate or
does not desire receipt of a distribution will not receive a
distribution of Entourage shares or other CMKM assets. Any assets
available for distribution will be proportionately distributed to
those stockholders who have complied with the certificate
verification process.
The Task Force continues to receive notice of significant rumors
pertaining to the receipt of funds and erroneous agreements reached
with brokerage firms short in CMKM's stock. Other than the funds
received from Casavant to pay for certain of the costs associated
with the Task Force's operations, there have been no funds received
from brokers/dealers or any other sources. However, Frizzell has been
in communication with firms as to issues pertaining to the inability
to produce CMKM stock.
The Task Force has established a fax line (903-595-5394) where all
CMKM stockholders can fax a copy of their certificates to be matched
to a certified stockholder list. In addition, the Task Force has
established a Web site,
www.cmkmtaskforce.com, for posting of
corporate updates and other relevant information as and when it
becomes available. For information on Entourage, you are directed to
their Web site at
www.entouragemining.com.
The information contained in this release is accurate to the best of
the Task Force's abilities as of the date set forth above. The Task
Force cannot provide any assurance that material aspects of this
release will not be altered by events beyond its control or
information or facts unknown at this time. The Task Force undertakes
no obligation to revise or update the statements made in this release
to reflect current events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
CMKM Diamonds Inc., Las Vegas
Investor Relations
702-966-6328
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