Frequently Asked Questions

NOTICE: The next scheduled FAQ update will be posted in early 2008.
However, the Company plans to continue releasing documents "of interest" in the interim. Watch the home page for new entries in the Documents list.

FAQ Session #8: November 30, 2007

Q) Why is Urban Casavant’s name still being used on certificates, why isn’t Kevin West signing the certs?

When Mr. Casavant resigned from the Company on March 29, 2007 there was a supply of stock certificates being held by the transfer agent to issue to shareholders. Mr. West discussed this with the transfer agent.  It is standard practice to continue to use these certificates until the current supply of printed certificates runs out.

Q) I am told by my broker that only CMKM can declare and issue a "worthless stock" statement so that I can claim the loss on my income tax return. What do I have to do to get this statement? 

Current management is working diligently to bring value back into the Company and does not feel that its stock is worthless and will not issue any statement to that effect. The Company cannot give any legal and/or tax advice to anyone concerning their holdings. Please consult your personal legal and accounting professional for advice on these matters.

Q) Do you know approximately how many shareholders have still not received their certificates for CMKM? Do you know approximately how many shares these certificates represent?

The shareholder audit has not been completed. Until this audit is complete, there is no way to identify the total number of shareholders that have not received their CMKM stock certificates or the number of shares represented.

Q) What was the CMKM Task Force subpoenaed for?

Many former Company officers, insiders, attorneys and others have been subpoenaed in the past for a deposition by the SEC. The Company has not been privileged to the content of these depositions with the exception of depositions that were offered as evidence for the Administrative Hearing in May of 2005 and one other recent deposition that was an individual not related to the former CMKM Task Force. 

Q) Do you have any info on the $1 million paid to CIM/CMI for the 10% lifetime royalty?

The one million dollar amount you refer to was a ledger entry in a stock recap dated August of 2003 referring to a “buy down of royalties in zinc claims equivalent to $1,000,000”.   Prior management has left Mr. West with no records concerning the CIM transactions.   Shares worth millions of dollars were given to family members and numbered companies referencing zinc mine acquisitions and zinc claims.   No records can be found by the company which suggest that Casavant International Mining Corporation (CIM) is connected in any way with CMKM Diamonds, Inc. A Nevada Secretary of State search for this entity will show that CIM was revoked on February 1, 2007 and that the most recent officers of that company were Michael D. Williams and Ron Casavant. It appears the zinc claim buy-down of $1 million was only for the benefit of a few insiders.  We are continuing our investigation into the insider dealings and the issuance of stock related thereto.  There is no evidence that there were ever any funds or other assets set aside for the benefit of CMKM shareholders.

Q) Do Company records show that the Vatican is a major CMKM shareholder?

Shareholder records do not indicate that any one shareholder has more than a 1% (one percent) ownership in CMKM stock except for the shares issued in the name of one brokerage house. There are no shares issued in the name of the Vatican or anything similar to that organization.

Q) Did we win the cases that are in default?

Obtaining a default is the first step in collecting damages from a party that does not respond to a lawsuit.  The company will be required to prove damages and formalize a damage award by obtaining a judgment from the Court based on such award.  The company must then collect damages from the defaulting party.  

Q) Gentlemen, I bought X amount of shares from Delidog back in Nov 06, Received my cert from 1st Global.  Are these shares considered bona fide, or are they some of the shares sold in question?

There are many questionable circumstances surrounding the buying and selling of certificates in the past. This question cannot be answered until the shareholder audit has been completed. 

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FAQ Session #7: November 14, 2007

Q) What has been done in addressing the ETGMF lawsuit? Has an attorney been hired to protect shareholder interest on that front?

The Company has hired the law firm of Getz Prince Wells LLP of Vancouver, BC. There is a filed copy of this firm’s initial appearance on the Company website. CMKM Diamonds, Inc. will file their initial answer to this lawsuit through this firm within a few days.

Q) It is my understanding that the Hurd case was settled. All 14 individuals were fortunate enough to be well paid off. I want to know why, since you were kept in the loop about this lawsuit, that the rest of the shareholders weren't rallied to do the same as those in the Hurd lawsuit?
 
There was never one penny paid by the company to Mr. Hurd or anyone associated with Mr. Hurd.  The Company is not aware of any funds being paid to Hurd or anyone associated with Hurd from any other sources. Anyone that suggests this company paid any money to settle the Hurd lawsuit is not dealing with reality. Such rumors are simply fantasy of the type that has plagued this company and its shareholders for years now.  The Company does not have one shred of evidence that would support what you are suggesting. If any shareholder has documented proof that there were any funds paid to Mr. Hurd or anyone claiming to be associated with him, please feel free to send your documents to the Company and we will fully investigate the matter.

Our company attorney spoke to someone who claimed to be associated with Mr. Hurd a few days before Mr. Hurd dismissed his case. We were not surprised the case was dismissed.  There were never any discussions of paying money to anyone in that suit.  The problems expressed to our attorney by a person claiming to be associated with the plaintiff were personal in nature to the plaintiff. 

As the CEO of this company I am duty bound to defend every lawsuit brought against this company and I will continue to do so.  Federal and state securities laws severely limit the rights of shareholders to bring suits against a corporation. It is the company’s obligation to go after parties that committed wrongs against the company.  The company is suing many parties that are responsible for the problems of the company and the company plans to file more suits in short order.  It is hoped that recoveries of assets and damages from third parties will provide funding for the company to continue to exist for the benefit of all shareholders not just a select few.     

Q) If Casavant family members, friends and insiders have taken funds from the company, will the IRS be notified?

The Company cannot comment on ongoing investigations. However, the Company believes the IRS is currently investigating many previous actions of former Company insiders.

Q) Do I need to send you a copy of my stock certificate or let you know my position in CMKX? I have 6,000,000 shares of CMKX and the certificate is in my possession. Someone suggested that all stockholders should let you know their positions.

If you have received a physical stock certificate from First Global Stock Transfer for CMKM Diamonds, Inc. stock, the Company already has a record of your holdings. No further action is required at this time. The Company will keep all shareholders informed through the official Company website if there is ever a time when you will need to take any action.

Q) I've been a shareholder in CMKM since 2003.I was wondering if I can sell any of my private stock right now to another individual? I have a cert for one million shares of CMKM and a cert of 250,000 CIM (2003 issue version) and I want to find a buyer for the same. Just wondering if you could let me know if a private sell can be done and the transfer made.

The Company cannot give legal advice concerning this issue. Stock transfers through the Company transfer agent are evaluated on a case by case basis. If you have a transfer request, you can fax the entire details of your request to the Frizzell Law Firm @ 903-595-4383 and someone will get back to you when a decision has been made concerning your request.

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FAQ Session #6: October 30, 2007

Q) OK, I know this question might have been asked and answered more than once, but I own 4 million shares of this stock.  I am under the impression that lawsuits have been filed to recoup shareholder monies, and won by CMKX.  I heard there will be payouts to shareholders, 3 payouts to be exact.  One payout being around .37 cents per share. Is any of this fact or are the numbers skewed a bit? The question really is are the lawsuits over, did CMKX recover the shareholders money, am I going to be rich? 

Lawsuits were filed against former insiders of CMKM in an attempt to recover assets that should have belonged to the Company. There is absolutely no evidence that any monies were ever set aside for some type of distribution to the shareholders.  The facts set out in the exhibits to these lawsuits are based on documents the company has obtained since Urban Casavant resigned as CEO of the company.  The evidence obtained by the company since March of this year shows millions of dollars that have gone to family members and other insiders and were not spent on the business of the company.

Any projections about payouts from the company at this point are not based on facts.   Rumors such as the payouts you are inquiring about have persisted since this company began.  They are not based on any true facts.  Any suggestions that there are billions or even millions of dollars awaiting distribution are simply false and unfounded.  It is a crying shame  that those individuals who insist on spreading such rumors cannot be held liable for the anxieties they have cause to the good shareholders of this company.  The lawsuits are in their preliminary stages and there have been no recoveries of any monies at this time.  Other parties will be added to our lawsuits as we develop more evidence. The Company will keep you updated as to the status of each lawsuit as events unfold. 

Q) In regards to finding out who is or who is not a bona fide shareholder, any idea when the Shareholder Audit will be completed?

There are many tasks involved in completing an accurate shareholder audit. It is an ongoing project and is still moving forward. The company is not at this time prepared to speculate on the finishing date of this task.

Q) What was Urban's motivation for a cert pull? Why would Urban have funded this?  It just makes no sense, if he was planning to ditch us.  From the picture you give us, he never had any money set aside for us, and must have known for a while that eventually he would have to close shop.  He obviously thought there was some advantage either to us or to him of a cert pull, and I cannot fathom what it would have been. 

The company will not try to guess at the motives of prior management. The evidence suggests additional time was needed to convert Company funds to personal use. It appears there were plans to put the company into bankruptcy by certain legal advisers and insiders.  As for Urban funding the cert pull, the Company can tell you that “out of pocket expenses only” were paid and it was a difficult task recovering those expenses from Urban.   

Q) Kevin, I understand that Casavant owns 51% or more of the CMKM Diamonds. This gives the power to Casavant to hire or fire you. Why would you file a law suit against Casavant?

Your assumption that Mr. Casavant owned more than 51% or more of CMKM Diamonds, Inc. is contrary to the facts.  Mr. Casavant has never owned any significant amount of shares in this Company. As the sole officer and Director of the Company, Mr. Casavant had the right to appoint any person to replace him as Chairman of the Board and to hold various officers’ positions.

When Mr. West accepted the appointment and was told by Mr. Casavant there were no more funds to operate the company, Mr. West began demanding records from attorneys that had represented the company prior to his appointment.  Once documents were received by Mr. West which proved without question the conversion of corporate funds to personal use by Mr. Casavant and other former insiders of the Company, it was Mr. West’s fiduciary duty to the Company and its shareholders to file the lawsuits against Mr. Casavant and others.    

Q) So far what have you accomplished in trying to get the company to start trading again? I’m not talking about the things you want to do or things you are trying to do. I’m talking about the things you have actually accomplished.

The company has avoided filing for bankruptcy.  Assets belonging to the company have been identified.  Lawsuits have been filed against numerous parties.   We have hired legal counsel in Canada to try to defend the company and protect our claims.  Demands are being made to return assets to the company.   Company attorneys are preparing new lawsuits against various third parties.  We have hired accountants that have assisted us in compiling the records needed to begin a book keeping system that will result in audited financials. As a result of the subpoena process, we have acquired evidence that will be crucial to bringing those individuals and companies accountable for their acts in diluting the stock and draining the company of its assets.

Q) Will Carolyn Casavant, Ron, Wesley and the other family members involved  be included in the  TRO  /  investigation.  

There will be other individuals and companies named in various legal proceedings as we continue our investigation.  The Company has been advised not to be specific in naming such individuals and companies as our investigation continues on many fronts.
                      

Q) I read the posting on your FAQ page about the submitter who returned his certificates to his IRA.  Do we NEED to return our certificates to the accounts we acquired them from?  If we received our certificates from a place like TD Waterhouse, Ameritrade, or any other brokerage firm like these can we be fairly certain they are legitimate?

We cannot advise you on what you choose to do regarding your share certificates.  The acts you take with your certificate are between you and your broker.  We continue our concern for those that do not have valid certificates issued by First Global. 

Q) Do you have any info on the SGGM transaction...the 10 million for 5% interest and 200 billion shares of SGGM? Can you subpoena SGGM records--find the 10 million dollar check (if it ever was issued) and track the deposit #/bank/party involved? Have you spoken to Mr. Haseltine direct regarding this issue?

We have hundreds of pages of documents concerning the Saint George Metals transaction.

We are continuing our investigation into the matter.  We have identified the funds that were deposited into CMKM accounts from St. George Metals.  We are tracing the diversion of those funds from corporate bank accounts.  We were somewhat surprised to learn that John Edwards was signing the checks for St. George Metals. 

Although we cannot comment on who we have or have not talked to while we are in the midst of litigation, we can say that we have most of the documents surrounding the proposed deal and our investigation leads to the conclusion the entire SGGM transaction was set up to be advantageous to only a few insiders and was just another pump to sell more CMKM stock that was being held by insiders, their trust accounts and other private shell companies. 

Q) Can you give us a list of people/entities who have been subpoenaed to date?

Although this question was most likely asked by a well intentioned Shareholder, the Company will not be disclosing any information that might be beneficial to those that would love to see the company fail. 

Q) Since the company has no assets at the current time and is currently doing a shareholder audit, would it be safe to assume that once the shareholder audit is complete the financials should be rather simple to complete and have audited?  Also since the management of the past was irresponsible in keeping financial records, will the SEC work with the company in only requiring current financials? 

There are many shell corporations that were set up to open trading accounts and banks accounts that were used to dump CMKM stock and funnel money from the sale of those stocks into other accounts. These accounts were then used to convert those funds to personal use by former insiders of CMKM. Because of the measures that were used to perpetuate this massive stock fraud and money laundering scheme, the rebuilding of CMKM financials is an extremely cumbersome and time consuming task. We are continuing the work that will eventually lead to an auditable set of financials.  It appears there will be substantial losses which the company may be allowed to carry over.   Thus we are burdened with the responsibility of documenting the transactions of the past.  So, no, it will not be a simple matter to complete the audit.  We will continue to work with the SEC in all phases of their investigation.  The SEC will not give any special treatment to this company as far as reporting requirements go even in spite of what has happened. We are working to rebuild some credibility with the SEC as we seek to become compliant.   

Q) Do we have undeniable proof that NSS has taken place and what is the count at this point in time?

The Company does have proof that there are failures to deliver in CMKM stock. Until our shareholder audit is complete, we will not have a count as to how many shares or brokerage houses are involved.

Q) There is one event of the past that still strikes me as intriguing, so forgive my ignorance in asking this question: In May of 2005, Etrade sent a representative with box(s) of CMKM stock certificates to Tyler, Texas in an effort to meet the Task Force established deadline of May 15th, 2005.  This strikes me as an unprecedented act by a major brokerage firm.  Why did Etrade feel compelled to fly a company representative to Texas with box(s) of CMKM stock certificates to meet this arbitrary deadline?  Why was it so important?

The Company does not know why E-trade decided to handle these transactions in this manner. The Company declines to guess or give an opinion on why such acts occurred.  There were other brokerage firms that sought special considerations for delivering some certificates in bulk.


Q) There has been ample time to respond to the Wells notice from the SEC.  Could you post this notice and the company response?

The Company has not responded to the Wells notice from the SEC at this time. However, we are working with the SEC to give them complete copies of the product of our investigation. Our company attorney has discussed our past due response to our Wells notice with the SEC.  Until the company completes its investigation, it is not able to fully and adequately respond to the Wells notice.  We will post the Wells notice on the document page of the Company website with the posting of this FAQ.  We will post the response at the time it is filed with the SEC if such response does not interfere with any ongoing litigation matters. 


Q) There is continual talk of a return to trading status.  Could you explain in detail the requirements placed upon the company for this to take place and how CMKM intends to make this happen?  No revoked stock in the history of the stock market has ever returned to trading.  What will CMKX do that would be significant enough for the SEC to allow it to return to trading?

The Company will not address this issue at this time in a public forum.  The company is aware of certain individuals and companies that do not want this company to return to trading.  To divulge company strategies or tactics would not be in the best interest of the company. 


Q) Why haven't the depositions of the Task Force members been made public?  It seems as if anything implicating Urban has been put out there but the task force members were all deposed and those have never been made public.  Why?

The SEC does not release depositions of the parties it deposes.  The company does not have copies of depositions of the task force members.  Urban Casavant took the Fifth Amendment at the hearing and at his deposition by the SEC.


Q) How can I confirm that the certificate that I hold is not a fake, forgery, or otherwise not valid?

If you bought and paid for your shares through a legitimate brokerage house, and you have since ordered and received your certificate from the Company transfer agent, your certificate is most likely a valid one. Before a final shareholder list is compiled, the company will reconcile the findings of its investigation with the records of First Global Stock Transfer.

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FAQ Session #5: October 15, 2007

Q) I'm hearing from a source that I can’t disclose that the DaVinci-Franklin Fund 1 has money from the CMKX stocks that were sold. I researched it and the chairman is Robert Maheu and lawyer’s group is Stoecklein. Is there any truth to this?

Our investigation suggests you are correct that Bob Maheu and Don Stoecklein are associated with the DaVinci-Franklin Fund 1.  There is no evidence that this fund has ever been involved in CMKM Diamonds, Inc.  As answered many times in CEO updates and FAQ responses, neither Mr. Maheu nor Mr. Stoecklein are presently involved in any way with CMKM Diamonds, Inc.  After extensive research and discovery of bank records, stock records and other documents, there is absolutely not one single shred of evidence to support the suggestion that any funds were ever set aside in any manner or form for CMKM shareholders. The greater portion of all funds that we have identified as money derived from the sale of company issued stock was converted to personal use by past insiders of this Company and not used for the business of the Company.  There is no evidence of any profits or revenues from any business activity of the company.

Q) Hope all is well. I've heard rumors for years that CMKX did a share swap with PCBM/SRCI. You've seen the records....are you able to share whether or not shares were exchanged?

After extensive research into Company records and the 25,000+ pages of information from the NASD investigation of Nev West, we have found no evidence to support any possible share swap of CMKM Diamonds, Inc. stock with that of either  PCBM, SRCI or any other entities.  There are clearly individuals who were involved in the promotion of both companies and many of the same trading accounts were used to sell the stock of CMKM and PCBM but there is no evidence of any exchange between the companies. 

Q) I was reading the Eagletech RICO lawsuit and noticed the term "Operation Uptick".  Apparently it was a huge FBI investigation into illegal security transactions.  It states that Eagletech was not unique and this same activity happed to dozens of other companies.  The investigation as I understand it is over so should be free to be discussed. Was CMKM involved in "Operation Uptick"?

The Company’s attorney has had many discussions with Eagle Tech’s CEO Rod Young.  We have followed Eagle Tech’s case with great interest.   There is nothing in any of the records we have examined that indicates CMKM was a part of Operation Uptick.   It would not surprise us to learn that some of the individuals responsible for promoting CMKM were involved in Operation Uptick without their knowledge.  It is clear to us from the trading records that we find the same people pumping and dumping other stocks as well as CMKM. 

Q) After pulling my certs and faxing in a copy to the former CMKM Task Force, I returned my cert to my Roth IRA account. My shares are now showing in my account. Many of us did the same thing for tax reasons. My question is; Am I considered a bona fide shareholder?

Many have asked if they are bona fide shareholders because they hold a certificate. This question cannot be answered completely until our shareholder audit is completed.  We believe there may some certificates that are illegal, forged or otherwise invalid.  As a general rule, if First Global Stock Transfer issued you a certificate and that certificate is not the result of forgeries or other illegal acts, then you will be a bona fide shareholder.  

Q) I would like to know how I can change or add a name to my share certificate. Can you tell me how I would do this?

Any changes in ownership of CMKM Diamonds, Inc. stock must be approved by the President of the Company, Kevin West. If you need to make any such changes, you can call the Frizzell Law Firm at 903-595-1921 with your request and your call will be returned as soon as possible. If your request is deemed valid, confirmation of non-objection to the request will be sent to the Company’s transfer agent and you will then need to call the transfer agent at 702-656-4919 to find out what documentation and fees you will need to forward to them to complete the transaction.

Q) How do I make an address change for my certificated holdings of CMKM Diamonds stock?

All address changes must be made through the Company’s transfer agent which is 1st Global Stock Transfer in Las Vegas. Their phone number is 702-656-4919, or you can mail the request to them using the following address:

1st Global Stock Transfer, LLC
7361 Prairie Falcon Rd Suite 110
Las Vegas, NV 89128

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FAQ Session #4: September 20, 2007

Q) What’s really going on? This is weird. Lots of stuff doesn't make sense. When will we be paid?

You are being given the facts and the whole truths in the filings made in the State court of Nevada. After receiving literally tens of thousands of new documents in the past few months, the Company cannot find any proof that there was ever a legitimate effort made by former management to increase shareholder value. While shareholders were being dazzled with optimistic press releases, insiders were converting corporate funds into private investments, real estate, automobiles, motor homes, fancy dinners, gambling and too many other acts of corporate waste and embezzlement to name in this forum.

Once again, our very in depth research concludes that absolutely NO FUNDS have ever been set aside for payment to shareholders.

Q) Why does the substitution of attorney paper work filed in Nevada have CMKM as a Nevada corp.? I thought that this was changed to a Texas corp.

Both court cases were filed when CMKM was a Nevada Corporation. The lawsuits will be guided by Nevada law because the wrongdoings occurred while the Company was a Nevada Corporation. The Plan of Conversion states that the same CMKM Diamonds, Inc as a Nevada corporation is wholly converted to CMKM Diamonds, Inc. as a Texas corporation.

Q) Does the TOGI have anything to do with CMKX and will the TOGI benefit if anything is recovered for CMKX?

TOGI or The Owners Group, Inc., is a completely separate company and has nothing to do with CMKM Diamonds, Inc.

TOGI will not benefit in any way from any possible recoveries by CMKM Diamonds, Inc.

Q) Do some or all the lawsuits have to be finished first before we can start trading?

No. The lawsuits do not affect the process that the Company must go through to return to trading. The Company has been forced to use the lawsuits to acquire financial records and other documents that pertain to the dealings of the Company for the last four years.

Q) With the information available to you, are you hopeful that current shareholders will ever get a return on their investment?

If so, do you expect that we are more likely to get a return through litigation or through returning to trading?

The Company will not comment on the possibilities of any potential returns on CMKM stock. The Company is focused on using every means possible to rebuild the company and return it to trading status.

Q) Is the company not concerned about all the 1087 claims lapsing?

The Company is concerned with the status of these claims and is making appropriate inquiries into the matter. The Company does not appear to own any claims at this point.

Q) Is it necessary to return to trading status in order to deal with the failure to deliver issue?

Yes.

Q) Is the company aware of the alleged trading of CMKX shares through Euroclear Belgium?

Yes, the Company is investigating the Euroclear trading.

Q) Can you provide a timeline for the completion of the shareholder audit?

Too many variables are involved in all phases of the Company shareholder audit to be able to offer any timelines.
 

Q) What can we, the CMKM shareholders, do to help the company in it's fight to move forward and to become a trading company again? Writing emails and letters to our government officials doesn't seem to have had any effect on the situation for the most part, so what can we do to help? Thank you.

Unfortunately, former officers and insiders of the Company continue to elude our process servers. This Company needs all records of the many investments and expenditures so an audit of the Company can be completed. We will eventually obtain all books and records through the legal process. However, the refusal of prior management and insiders to help the Company in this regard will needlessly delay the return to trading status. If you can be of any help in this regard, please do so.

Q) Why are we worried about core samples and airborne surveys if we have no mineral claims?

The claims may not be in the Company’s name, but the Company believes that it has legal right to those claims. The Company intends to protect its rights in this regard.

Q) Is there a possibility that we may have mineral claims in the future?

Yes, there is a possibility.

Q) Can you clarify why we need to defend our 45 million shares of entourage against returning this asset to the company from which we exchanged for a valued mining claim?  Is the mining claim that we exchanged for the 45 million shares of entourage of any value to CMKM? 

These matters will most likely be issues which will be resolved in the Entourage suit.

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FAQ Session #3: September 6, 2007

Q) Does the company still own any mineral/diamonds rights to the Saskatchewan region?

The records possessed and reviewed by present management suggest the company does not currently own any mineral or diamond rights in Saskatchewan.   The company may have some equitable rights to certain claims due to past investment by the company.

Q) Is this whole mess as bad as it sounds?

There are a lot of legal problems facing the company.  We will continue our efforts to return the company to trading.

Q) Does the company have the results of the aerial surveys which were undertaken some time ago?

On February 20, 2003, the Company PR’d that a contract was signed with Fugro Airborne Surveys, Corp. for approximately US $630,000. After flying 1862 line kilometers without receiving any monies due on the contract, Fugro stopped survey work in early March 2003. On September 19, 2003, Fugro filed suit for US $320,440.90 against Casavant Mining Kimberlite International, Inc. for non-payment.
We do have the results of this aerial survey and the company plans to hire appropriate experts to interpret the data.
On March 2, 2004, Goldak Airborne Surveys contacted the Company and requested up front payment for the additional surveys in light of the Fugro problems. We have reviewed a letter which indicates that Double K Excavating (Emerson Koch) actually contracted with Fugro to do the surveys.  CMKM paid the funds to Double K for the Goldak surveys.  We understand that Double K has forwarded the funds to Goldak.  The company has not received the results of this survey.   

Q) Will current owners of certificates held by the Nevada corporation have to do anything or send copies of anything in to get their certificates converted to the Texas corporation?  

No action is needed in this regard.  

Q) Can you provide any information on the core samples which were mentioned during the first question and answer session?

Kevin West was shown the core samples but no geologist or geophysicist was present to explain why such samples might have value.  

Q) Are there any payouts for stock holders, or do we lose the money we invested? I hear rumors of payouts, but have no reason to believe them.

This question and several just like it have been answered many times in the past months. The Company knows of no funds that have ever been set aside for payment to shareholders. For more information, please read the documents found on the Company website including the questions already asked and answered in this FAQ section.

Q) If the company needs operating capital and/or money to “go after the big fish” why not sell the Entourage Cert?

There are significant legal issues surrounding the Entourage deal.

Q) May we as shareholders possibly benefit from the elimination of the Grandfather clause? Since the company has not GONE AWAY, is this something we can look forward to?

The company does not believe there will be any immediate benefit.  CMKM is not a trading security at this time.
Any law, rule or regulation that requires delivery of real stock following a purchase will benefit shareholders of all stocks with a “failure to deliver” problem if there is real enforcement action taken by regulators and law enforcement.

Q) Are others holding claims for CMKM shareholders?

We have never seen an agreement that suggests that others are holding claims for the Company.

Q) Who paid for the cert pull?

Urban paid most of the administrative expenses once they were incurred by the Frizzell Law Firm.  This would include input personnel costs, phone bills, paper, technical costs, and other expenses.  The Task Force members were not paid for their services.    

Q) Will there be a reverse split if we trade again?

Anytime a company has 700 billion plus shares, the idea of a reverse split is a topic of discussion for obvious reasons.   There are many problems that must be resolved before the company trades again.  When the company returns to trading, this issue will be decided based on the best interest of the company and its shareholders.

Q) I am being charged for a holding fee for this certificate, should I just pay it?

The company does not give such advice.  We are concerned that some shareholders have had their CMKM stock wiped from their account due to “maintenance fees” being more than the book value of this non trading security. 

Q) Why wait to run the publication on the law suit?  When will there be any new Roes/Does?

Because of certain shareholders, individuals and entities who want the company lawsuits to fail, the company will not reveal any strategies of litigation through this forum.

Q) If the claims to the core samples are currently a) held by Mr. Koch and b) contracted to Entourage Mining, is our concern with these core samples only for how they would effect the valuation of Entourage Mining and our 45 million shares of Entourage Mining?

If the legality of the distribution of Entourage Mining is in question, which in my simple language means we are not entitled, thus may never get the distribution, are you currently doing anything to remedy the situation?  If so, what?

These issues will be resolved in litigation.

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FAQ Session #2: August 23, 2007

Q) Obviously, CMKM Diamonds Inc. is not financing all this legal activity from “just” the $500+ dollars in the company’s checking account.  Please answer in detail:  Where is the money from that is financing all salaries, rents, leases, lawyer fees, court costs and any other cost CMKM has had to pay at this time?

All litigation costs and expenses are being handled by Bill Frizzell with an agreement that all costs and expenses will be repaid by the Company when the Company is able to do so. Kevin West is being paid by CMKM a minimal salary from funds being loaned to the Company from various sources. All office administrative costs are being paid from these same funds.

The Company will not disclose its specific fee arrangements with the attorneys it has hired. Such information is highly confidential and could be used in many ways to harm the legal efforts of the Company. Contractual arrangements between corporations and their attorneys are not proper matters for general public knowledge. It is fair to say that some attorneys are working on an hourly basis, some are working on a contingency basis and some are working on a combination of hourly fees and some contingent fees.

This company has received substantial contributions from shareholders since the financial plight of the Company and Mr. West has been made public. There are shareholders who have substantial investments in CMKM. Several of these shareholders have agreed to fund any and all legal efforts if needed.

Q) Is Robert Maheu is still involved in any form with CMKM Diamonds Inc and is current management still in contact with Mr. Maheu, Urban Casavant and/or Donald Stoecklein?

Mr. Maheu is no longer involved with CMKM Diamonds, Inc. in any way. Kevin West and Bill Frizzell have requested cooperation from prior management seeking both financial assistance and company records. Prior management and previous company attorneys refuse to produce records or offer assistance in any way to Mr. West.

Q) What tangible assets does CMKM have on hand at this time and what are the results of the core samples viewed by Mr. West?

The Company presently owns a certificate for 45 million shares of Entourage Mining. This certificate remains whole and is the only tangible asset belonging to the company at this time. When the core samples were viewed by Mr. West, there was not a geologist present as promised to give any opinions of the sample. Emerson Koch explained to Mr. West that no testing had been done on the core samples. The Company has no knowledge of what value, if any, can be placed on the claims that are currently held by Mr. Koch and contracted to Entourage Mining.

Q) Is it possible to give a rough timeline for the company to return to trading?

There are too many variables to give any timelines for the Company to return to trading status. We are diligently working on several litigation matters, reconciling of books from the past 4+ years and other matters that pertain to bringing value back into the Company.

Q) Can you please try to address the rumors being sent around by people on talk shows and chat rooms regarding some big deal of selling part of the company way back that will now result in some sort of payout to stock holders? Someone using the name "acca" has been on the air and talk shows and chat rooms claiming to be an employee of either Casavant or his attorney and is reporting such payouts are virtually in the mail. If these rumors are nothing but cruel rumors and have no basis in fact, please say so in no uncertain terms so as to try to eliminate the false hopes being dashed over and over again. Once again, thank you for all you do, but to address these rumors once and for all would do wonders for us suffering endlessly.

The Company sincerely hopes that all shareholders will soon realize there are no distributions pending for the shareholders or anyone else. The Company regrets the lies and promises coming from several individuals about such distributions. The Company believes that it will return to trading status.

Q) Can you advise at this point whether or not our CIM dividend stock will have/does have any value at this point or in the future when CMKX begins to trade again?

Casavant International Mining Corporation (CIM) was revoked on 2-01-07 and the last known officers were Ron Casavant and Michael Williams. Mr. Williams is presently a defendant in a lawsuit initiated by CMKM. The zinc claims that purportedly belonged to CIM were sold through a series of transactions in January of this year to Golden Arch Resources.

These claims are mentioned in several press releases by Golden Arch Resources beginning in January of 2007 with a more recent one on June 18, 2007. CMKM never received any monies or other compensation from this transaction even though these claims were contracted as part of the Entourage Mining deal. No records have been provided to new management regarding CIM or the lost investments of CMKM in the zinc claims.

Q) Could you advise if Entourage shares will be issued to current stockholders in the future or has the plan been abandoned?   Also, what happened to the Interpleader for these Entourage shares which was being worked on for so long?

The Company is concerned about all aspects of the contracts with Entourage Mining. Former Company attorney, Don Stoecklein, described this distribution as a wind up distribution. If the Entourage distribution was a “wind up” distribution, such a transaction requires a shareholder vote according to Nevada statutes. CMKM was a Nevada Corporation at that time. There was no shareholder vote. Thus, the legality of such distribution is in question.

The legal fees for the filing of the interpleader were paid to John T. Moran III according to prior management. Mr. Moran’s last advice to the Company was to file bankruptcy and he did not file the interpleader. No explanation has been given to Mr. West as to why the interpleader was not filed.

Q) What is the status of Susanne Trimbath's evaluation of the Naked Short Position of the Company thus far?

Susanne Trimbath continues her work on our shareholder audit. The naked short situation and the delivery failures are not a primary concern of management at this time. Keeping the Company alive and returning to trading status is the focus of our work.

Q) Was there ever any real effort made to explore for diamonds or was CMKX a scam from the beginning?

We learn more and more about the Company (prior to new management) each time we receive documents from our subpoenas. Money has been paid to Double K Excavating for drilling and obtaining core samples. Aerial surveys were undertaken by the Company. The latter part of the question is still under investigation.

Q) Are the company's current activities delaying or hindering ANY payment to shareholders from any other source? 

There is no trust fund or any money set aside for shareholders. There have been rumors of payouts and distributions to shareholders since 2003. After a thorough examination of bank records of all Company accounts and with the assistance of a forensic accountant, there is no evidence of any funds available for the distribution to the shareholders. Our investigation confirms that there has never been a fund set aside for the shareholders.

If there is any factual evidence of any assets belonging to the Company or any evidence of any funds earmarked for the shareholders, you are encouraged to contact Mr. West and the Company will conduct a full investigation.

The lawsuits filed by the Company against former management are based on facts and documents. These lawsuits explain the loss of millions of dollars invested by shareholders into this company.

Q) How do you let the company know of a change of address?

Any change of address for your CMKM stock certificates can be called into 1st Global Stock Transfer @ 702-656-4919. No other notification is needed.

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FAQ Session #1: August 10, 2007

Q) What were the specific reasons for relocating CMKM's corporate registration from Nevada to Texas?

CMKM Diamonds, Inc. was moved from a Nevada domiciled corporation to Texas for the following initial reasons:

1. It was going to cost in excess of $11,000 for the annual filing due at the end of April, 2007 and the Company was left with no funds to pay such fees. 
   
2. The Company headquarters is now based in Texas and it makes no sense to leave its domicile in Nevada.

Q)  Why hasn't Urban been criminally charged?
         
This question can only be answered by the law enforcement agencies that are currently investigating this matter. The Company stands ready, willing and able to assist any law enforcement agency with the results of new management’s ongoing investigation.

Q)  What is the total number of shares held by Urban and his family?

Although the Company may have not identified all of the Casavant family members as of this date, our current records show that the Casavant family as a whole own less than 10 Billion shares of CMKM Diamonds, Inc. stock.  Urban Casavant appears to own 1.2 billion of those shares.

Q) Post the Wells Notice for all shareholders to review.

New Management and legal counsel is currently working with the SEC. Additional time is being allowed for a full response because new management is still acquiring the information needed for such response.

Q) What is the current O/S, and the float? The O/S less the total amount of restricted shares equal the float for the basis of this question.

Since all shares that were issued by the Company, whether they were legally issued or not, are more than 2 years old and the Company is no longer trading…. The total outstanding share count and float count are the same and that figure currently stands at 703,518,875,000.

Q) Can you post Urban’s paperwork showing Urban resigned and transferred power to Kevin?

Not at this time. These documents will be produced in due course through litigation.

1. The date that the documents were signed was 3-29-07
2. The time of day was mid-morning during breakfast
3. Present was Urban Casavant, Ron Casavant and Kevin West
4. The place was the Carson Street Café at the Gold Nugget Las Vegas Hotel
5. Right after papers were signed, travel arrangements were made (at the breakfast table) for both Ron Casavant and Kevin West to fly together to Saskatoon to view core samples
6. Urban Casavant left to head to the airport directly after this meeting to fly home to Saskatoon.

Q) Is there any money to recover from any source whatsoever and what would be the timeframe on recovery?

The current lawsuits explain the Company’s efforts in recovering assets. There are too many variables to give any time frame on recovery.

Q) How many shares are actually NSS?

The Company shareholder audit is ongoing. This question cannot be answered at this time.

Q) Has Bill or Kevin worked with the FBI, IRS, or DOJ regarding criminal activity?  

The Company cannot comment about the information that it may be sharing with any law enforcement agencies. Any information or documentation possessed by the Company is available to regulators and law enforcement upon their request.

Q) What is the relationship between Star Uranium and CMKM Diamonds today?

There is absolutely no relationship between CMKM Diamonds, Inc. and Star Uranium or any other company. The former Chairman of this Company signed away any and all rights to claims, JV partnerships and any other possible joint ventures or assets as documented on October 20, 2005 in documents available on this web site.

Q) When the 7 boxes of information appeared who provided this information? Was it one of Urban's original attorneys?

The attorney that provided the 7 boxes of documents was a personal attorney of Urban Casavant.

Q)  Does the company plan on requisitioning Roger Glenn's firm to provide an audit on the services provided for $250,000.00?

No. New management has reviewed an itemized bill provided by Mr. Glenn.

Q) When did Kevin West suspect that this company's previous management squandered $200 million of shareholders money?

Mr. West had no documentation of the previous management’s conversion of corporate funds and assets until the boxes of information were received from a personal attorney for Mr. Casavant in April of 2007. This is still an ongoing investigation.

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Email Questions to:
FAQ@cmkmdiamondsinc.com

Approximately twice per month, CMKM management will select a number of questions from among all those received since the previous update of this page, and post both the questions and their answers.

An acknowledgement of receipt will be sent out automatically upon receipt of your emailed questions. If you use a service such as SpamArrest, please remember to "whitelist" the FAQ email address. This acknowledgement is the only personal reply you will receive.

Session #8: 11/30/2007
Session #7: 11/14/2007
Session #6: 10/30/2007
Session #5: 10/15/2007
Session #4: 9/20/2007
Session #3: 9/06/2007
Session #2: 8/23/2007
Session #1: 8/10/2007