CMKM Open Letter to Mr. Urban Casavant

CMKM Diamonds, Inc. shareholders are begging for information!  All we want from you, our resigned CEO, Mr. Urban Casavant, is for you to speak to us and tell us the truth.  One of your famous quotes was,, “If you are in, you WIN.” Tell us Mr. Casavant, does that sentence still hold true?

For many of you who are not familiar with the CMKX story, here is a short background on the company.

CMKM Diamonds, Inc. is a pink sheet mining company, trading symbol CMKX.PK.
In 2002, the founder of CMKM, Urban Casavant, accumulated about 1.4 million acres of mineral-rights claims in and around Saskatchewan, Canada.  This is a place that many believe to be one of the best areas on Earth rich in minerals.  Many small and big investors bought into a dream that this company would mine for diamonds and would give us a very good return on our money.  An estimated 50,000-60,000 shareholders bought more then 703 billion shares and some say that in addition to that number over a trillion “fake” shares were sold into the market.  That adds up to a total of about two hundred million dollars worth of stock just by counting the real shares.
At that time CMKX shares were trading the highest in the history of the stock market.

On Oct. 28, 2005, CMKM Diamonds, Inc. was self-revoked from trading, locking in all the shareholders. Then the company asked from its shareholders to request certificates of CMKM stock and to fax a copy to the company.  The main reason for this cert pull was to identify the bona fide shareholders and to distribute CMKM Diamonds, Inc. assets (mainly 45 million Entourage Mining shares and other unknown assets) to its shareholders.

On March 29, 2007, Mr. Casavant resigned from all his posts, including Chairman of the Board, Sole Director, and Secretary of CMKM Diamonds Inc.  In the press release that was sent out by the company that day, Mr. Casavant said, “My health issues are forcing my resignation, but I believe that I have finally found the right man to take over at the helm.” “Mr. [Kevin] West has proven his tenacity along with his care and concern for the shareholders of this company over and over again through an extremely difficult time.  I want to thank you all for your continued loyalty and trust in spite of no news coming from the company for extremely long periods,” continued Mr. Casavant.

Until today shareholders have never received any Entourage Mining (Symbol: ETGMF) shares that were supposed to be held in trust by Mr. Bob Mahue, who, because of his presence, made shareholders feel very sure and confident about their investment.  Now the new CMKM Diamonds, Inc. management claims that they are trying to bring the company back to trading.  Kevin West stated, “Once we have cleaned up our current legal matters, add value back into the company and have prepared financials to be audited, it will be my intent to assemble a Corporate Governance and Nominating Committee made up of shareholders to locate, interview and recommend the most highly qualified Board of Directors to lead this company back to trading and into the future.”
The latest update from August 28, 2007 shows that Entourage Mining Ltd. filed a request with the SEC for CMKM Diamonds, Inc. to return the 45,000,000 shares to them.
Mr. Casavant, you left your loyal shareholders high and dry and with so many unanswered questions about their investment.  Please talk to us and give us some answers.

Stocks Reporter will continue to update you on the “saga” of CMKX.

By Dan Hansen Stocks-Reporter.com