Post by fastwalker on Jun 6, 2005 19:08:39 GMT -5
The 11th hour Syndrome
Not that I want to be labeled a “basher,” but as I understand it CMKX has ABOUT 2 weeks to file a response to the SEC brief and just a bit over that to file all necessary documentation to validate CMKX.. How long has it been since the hearing?
Since that post hearing brief has been out now for awhile and we (members of the various boards) have DD the “bejeebers” out of it, and I would add, even made several responses addressing critical issues of “misrepresentation, all in a timely manner....lol
what do you suppose is taking CMKX so long to respond?
A little while back I authored a post on “morals, essentially it was meant to speak to the sets of rules that we ought to obey, that are mainly instrumental in telling us what is right or wrong.”
Therefore, without preamble I will address, if not for others, but for myself, the situation we are experiencing regarding perceived “plausibility” of the “CMKX filing issue.
Unless you live in a cave or are completely without rational thoughts, you should agree that the issuance of a PR and “filings” from CMKX / UC are long overdue and needed immediately.
What should the PR include, if it is to appease the judge, SEC and the shareholders? How about the following for starters….
1. Who is actually doing the work on the requisite SEC forms?
2. Which forms are completed?
3. Which forms are still pending?
4. Will any information be put forward by CMKX /UC regarding any activity or will an explanation be made for the lack thereof?
5. Do we, or do we not have a valuation based on the aerial survey…a simple yes or no will suffice here, the actual valuation can be published later.
6. What claim(s) do we actually have for CMKX?
7. Has any drilling been accomplished at all? If drilling as been done, exactly where was the drilling done?
8. Do we actually have people on the ground doing the drilling 24/7?
9. Where are the core samples? Do we have any core samples for any drilling?
10. What agency in Canada was used to “verify” the core samples
11. Will the post hearing brief be addressed within the next few days, or at least before the “drop dead” date?
12. Has the issue of the CMKX office been resolved?
13. Who were the 900 million plus shares issued to in Canada, and what does that term field work actually entail?
14. Who else besides Sterling received “free shares”
15. How many free shares were given out?
16. Has ancillary work been done with the OG / Frizzell to clarify and or certify the NSS issue has a legitimate issue?
17. What is the float?
18. Mr. Casavant, do you intend to comply with the SEC requirements and get the filings done on time?
19. Mr. Casavant, if you do not plan to get the filings done in a timely manner and intend to cause the CMKX stock to be revoked, what are your immediate and long term plans for the loyal shareholders, who will be left holding worthless CMKX stock?
20. Please explain this…(ref #12)… “Instead of correcting the error, however, it appears that company's counsel thought the company should pretend to "move in" to the empty warehouse.” SEC quote from post hearing brief.
Most of us are rational beings and I would hope that we can agree that a universal moral law exists. Therefore those who adhere to that principle will not be offended by the asking of the above as honest question, that really require serious answers.
I would submit to all readers, that the logic behind asking these questions now and is simply they are way past due.
To date CMKX / UC has allowed, for reason known only to him, speculation and misinformation among the shareholders to prevai, l regarding CMKX’s past, current and future activities.
Please spare me the platitudes that UC is a good guy and has a heart of gold and that he will “do right by us.” That’s cool, I’ve read that and many other such statements made by a variety of posters, but I have yet to read where UC actually made any such statement or has said anything in writing to that effect.....
(After all didn’t CMKX tell us only to believe what we seen in a PR?)
Now why am I suggesting the above? Simple, it’s a matter of credibility and accountability relevant to CMKX.
For those among us who have placed their heart, soul and those who have placed too much money into this pinkie, you need legitimate answers now, before the judge makes her decision.
This after all, would be the decent thing to do, if the intent is to allow the stock to be revoked.
That way, those who have a “ton” of money invested can make a decision to bail and dump, or stay with the rest of us longs and bemoan our fate…lol.
But that would be “insider” information fw!
Not really, read the questions being asked. Which ones are we not entitled to have and which ones should we have actually had, at various points in time during the past year(s)?
For me, this situation with CMKX is not about the money now. It’s simply a matter of credibility and judgment of UC’s morality regarding his business ethics, as they apply to the many loyal shareholder’s expectations for CMKX.
Let me explain that morality / ethics thing.
One could speculate that morality and ethics are simply a part of an ideology in which ideas are put forward that ignored the exploitative economic arrangements of society and contribute to a “False Consciousness.” regarding the “rightness and wrongness ” of a given situation.
While I do not adhere 100% to that concept, however, in principle I do tend to view all business dealings on a somewhat similar bias, basically hinged on a concept that someone’s word is their bond, unless or until they have “proved” to me their leanings are otherwise.
Whereas some may look at morality as a moral system, rising from the interests of a social group. I don't think that is the "final answer," but I will agree with that statement to a point.
I still prefer to believe that ultimately, morality and ethics come down to SIMPLY BEING just an individual thing, especially regarding the perception that the group mentality is not necessary the norm for all GIVEN situations.
For example, when there is a requirement for just the “one” to direct the group by being in a position of authority, then I will also concede that there are times when the needs of the one may out weight the needs of the many...when ? I'm not sure, but that does not preclued that as being a valid point.
We are told by our peers, that in some situations (mining to be exact) the basis for a hidden agenda may at times be necessary, as to “prevent others “ from knowing our true intentions...whoa, now that is over the top. Since I own much shares of CMKX, like many otheres, how is that we fit into the "prevent others" category?
Let's look at that. First of all not all decision making needs to be steeped in secrecy, even if the agenda is expected eventually, to be a good thing to benefit the “group effort.” To what ends would secrecy justify a complete media blackout, given we have had at least two (2) years to "put out information of relevence?
Having dealt in the secrets business, I can definitely say, there is always a point when secrecy becomes a moot point and is counterproductive to the end game. We have less than a month now, for the secrecy issue to reach a critical counterporductive stage, in which we will expeience a massive cascading effects of total melt down...lol, unless of course documents are produced in accordance with SEC regulations...then this is a moot conversation...lol
If we consider that the secercy rationale usually goes out the door in business where there are many mitgating factors involved. We then have to assume, the decision made by the “one” to "cloak" the data from the group is not "a good thing," and will not be good for the group. Therefore continued retraint on the publication of information is adverse to the group.
Especially if it’s continued usage (hidden agenda) causes for the group, the added burden of an unusual detriment (which I might add, is the point the SEC is belaboring that we are without information necessary to make a “good decision” in our dealings with CMKX.)
and our securities are revoked.
In business, the final decision RELEVANT to the morality of what is right or wrong, what is expected and what is required in a given situation, should be based on the concept that the needs of the many (shareholders), far out weight the needs of the one or the few (UC and other insiders).
It is an accepted societal norm by which we all live, that dictates, the many have first consideration in a given situation, where the impact can or might have negative or sever connotations.
But some will continue to say “ it’s necessary to hide” the data from the bad guys.
Really, I think I can say without reservation, that it’s very likely that the bad guys already know what we have, or don’t have, hence the massive STOCK selling.
So, if everyone knows but us (shareholders) why not make it official? After all, such an official announcement can’t hurt us any more that the current situation andthis is especially true, given the time constraints regarding the upcoming event (judge’s decision).
There has been growing concern on the boards which by some accounts, is quickly replacing the once prevalent optimism about the possibility of a CMKX being the “stock play of a life time.”
For some to suggest that we should not emphasize our concerns by way of some “objective and articulate” questions relevant to those answers we require, is to also suggest that we should simply dismiss the tangible aspects of an optimitic judgment held by the group as a whole, regarding a collective acceptance of CMKX / UC as an "authentic" entity.
Without delving too much deeper into a philosophically moralistic view point, I would point out that we should all know the difference between what is right and wrong, good and bad and it befuddles me to no end, that apparently those managing CMKX have issues with that notion.
That would suggest the notion that CMKX operates on is ..."what I don’t know can’t hurt me"….not hardly, what I know can’t hurt me, unless I let it, it’s the unknown that may cause me grief.
In spite of CMKX / UC’s failures and the continuing lack of information, I can forgive all that. But one thing I can’t forgive is deception in any form.
What has caused me concern about CMKX/ UC is the following statement taken from the SEC about the CMKX corporate address…
” Likewise, it appears that CMKM Diamonds continues not to appreciate the importance of providing accurate information to the public and in its filings with the Commission. For example, the company issued a press release in March 2005 announcing that it had new offices at 5375 Procyon Street Suite 101, Las Vegas, Nevada as of March 1,2005 (Exh. 53). No later than April 6, 2005, CMKM Diamonds' lawyers learned that the Procyon address contained only a hot rod shop. Instead of correcting the error, however, it appears that company's counsel thought the company should pretend to "move in" to the empty warehouse and talk to Shawn at the hot rod shop" (Exh. 55). In its Form 8-K filed almost a week later on April 12, 2005, CMKM Diamonds continued to report to the Commission the phony Procyon Street address (Exh. 12).”
To put out such a statement indicates that either the SEC is deficient in having all the relevant facts, or that CMKX through it’s representative lacks the morality of required “truth value,” when making statements to us (shareholders) and if that is the case, I am greatly disappointed in CMKX.
What do I mean by truth value? To be valid a statement must have at it foundation, a moral connotation that applies to valadate the statement with merit, if it is to have any "truth value."
By that I mean, we can postulate all day long as to what morality should be, relevent to what it actually is.
But I would hope that we all agree that a moral statement is usually seen as expressing an individual’s moral sentiment or attitude on a given matter.
In that way, we should be able to at least evaluate which set of moral values those we are speaking or dealing with will adhere to, if any!
Currently we are without the means to evaluate the morality, ethics and or the motive being employed by UC.
This because we lack consistent or verifiable information directly from him…"as in from the horse’s mouth." We are therefore required to use logic as the foundation as our means for “proper” reasoning. But sadly, even there we are lacking, since at this late stage of the game, we still have nothing to use.
Worse yet, any logical deductionswill be useless, since we are now told that all our past data is tainted.
Some will say that the boards are filled with logical inferences relevant to CMKX.
To that I would simply say…not so, that is not correct.
What you have for the most part are speculations extrapolated from “specifically worded “ PRs and supposition, which has forced the reader to draw their own conclusions, and in so doing, may drwa the wrong conclusion, even if they are in fact made in large part, based on logical sounding assumptions.
Therein lay the curent problem with the boards, that being specualtions are readily perceived by many to be factual.
This phenomena is self replicating in that these “logical assumption,” foisted as facts on the boards, are simply assumptions, that have for all intents and purposes, gained legitimacy through a group consensus, and in turn validate the speculation as factual…what a web we weave…..lol.
Ok, I’ll get off the high ground and finish this post by pointing out the obvious.
As rational beings we are able to judge whether any action is moral by asking if the action is consistent with the categorical imperative. One formulation of the categorical imperative is,
"Act only on that maxim (intention) whereby at the same time you can will that it shall become a universal law".
What is meant by that is, the way that we judge an action to be moral is to universalize it.
If I want to know if telling a lie on a particular occasion is justifiable, I must try to imagine what would happen if everyone was to lie.
In that rational, all persons would agree that a world in which there is no lying is preferable to one in which lying was common; in a society in which lying was common no one could trust the word of anyone else.
Another formulation is:
"Always act to treat humanity, whether in yourself or in others, as an end in itself, never merely as a means." What is meant by that that is, a rational being should not be used as a means to another person's happiness; if we use another person as a means to our ends then we have removed that person's autonomy.
Get the point?
To close I would simply say, that if we are to be one with CMKX, we need more than just blind faith to operate on.
I personally don’t think that asking legitimate questions and receiving realistic answers is being disloyal to the group and or CMKX.
So………..I would encourage UC and Company not to wait until the 11th hour to reveal what is being asked by this post and to address what I ‘m confident that others will also be asking very soon, as we draw closer to the drop dead date…!
Thank You for your time
fw
Not that I want to be labeled a “basher,” but as I understand it CMKX has ABOUT 2 weeks to file a response to the SEC brief and just a bit over that to file all necessary documentation to validate CMKX.. How long has it been since the hearing?
Since that post hearing brief has been out now for awhile and we (members of the various boards) have DD the “bejeebers” out of it, and I would add, even made several responses addressing critical issues of “misrepresentation, all in a timely manner....lol
what do you suppose is taking CMKX so long to respond?
A little while back I authored a post on “morals, essentially it was meant to speak to the sets of rules that we ought to obey, that are mainly instrumental in telling us what is right or wrong.”
Therefore, without preamble I will address, if not for others, but for myself, the situation we are experiencing regarding perceived “plausibility” of the “CMKX filing issue.
Unless you live in a cave or are completely without rational thoughts, you should agree that the issuance of a PR and “filings” from CMKX / UC are long overdue and needed immediately.
What should the PR include, if it is to appease the judge, SEC and the shareholders? How about the following for starters….
1. Who is actually doing the work on the requisite SEC forms?
2. Which forms are completed?
3. Which forms are still pending?
4. Will any information be put forward by CMKX /UC regarding any activity or will an explanation be made for the lack thereof?
5. Do we, or do we not have a valuation based on the aerial survey…a simple yes or no will suffice here, the actual valuation can be published later.
6. What claim(s) do we actually have for CMKX?
7. Has any drilling been accomplished at all? If drilling as been done, exactly where was the drilling done?
8. Do we actually have people on the ground doing the drilling 24/7?
9. Where are the core samples? Do we have any core samples for any drilling?
10. What agency in Canada was used to “verify” the core samples
11. Will the post hearing brief be addressed within the next few days, or at least before the “drop dead” date?
12. Has the issue of the CMKX office been resolved?
13. Who were the 900 million plus shares issued to in Canada, and what does that term field work actually entail?
14. Who else besides Sterling received “free shares”
15. How many free shares were given out?
16. Has ancillary work been done with the OG / Frizzell to clarify and or certify the NSS issue has a legitimate issue?
17. What is the float?
18. Mr. Casavant, do you intend to comply with the SEC requirements and get the filings done on time?
19. Mr. Casavant, if you do not plan to get the filings done in a timely manner and intend to cause the CMKX stock to be revoked, what are your immediate and long term plans for the loyal shareholders, who will be left holding worthless CMKX stock?
20. Please explain this…(ref #12)… “Instead of correcting the error, however, it appears that company's counsel thought the company should pretend to "move in" to the empty warehouse.” SEC quote from post hearing brief.
Most of us are rational beings and I would hope that we can agree that a universal moral law exists. Therefore those who adhere to that principle will not be offended by the asking of the above as honest question, that really require serious answers.
I would submit to all readers, that the logic behind asking these questions now and is simply they are way past due.
To date CMKX / UC has allowed, for reason known only to him, speculation and misinformation among the shareholders to prevai, l regarding CMKX’s past, current and future activities.
Please spare me the platitudes that UC is a good guy and has a heart of gold and that he will “do right by us.” That’s cool, I’ve read that and many other such statements made by a variety of posters, but I have yet to read where UC actually made any such statement or has said anything in writing to that effect.....
(After all didn’t CMKX tell us only to believe what we seen in a PR?)
Now why am I suggesting the above? Simple, it’s a matter of credibility and accountability relevant to CMKX.
For those among us who have placed their heart, soul and those who have placed too much money into this pinkie, you need legitimate answers now, before the judge makes her decision.
This after all, would be the decent thing to do, if the intent is to allow the stock to be revoked.
That way, those who have a “ton” of money invested can make a decision to bail and dump, or stay with the rest of us longs and bemoan our fate…lol.
But that would be “insider” information fw!
Not really, read the questions being asked. Which ones are we not entitled to have and which ones should we have actually had, at various points in time during the past year(s)?
For me, this situation with CMKX is not about the money now. It’s simply a matter of credibility and judgment of UC’s morality regarding his business ethics, as they apply to the many loyal shareholder’s expectations for CMKX.
Let me explain that morality / ethics thing.
One could speculate that morality and ethics are simply a part of an ideology in which ideas are put forward that ignored the exploitative economic arrangements of society and contribute to a “False Consciousness.” regarding the “rightness and wrongness ” of a given situation.
While I do not adhere 100% to that concept, however, in principle I do tend to view all business dealings on a somewhat similar bias, basically hinged on a concept that someone’s word is their bond, unless or until they have “proved” to me their leanings are otherwise.
Whereas some may look at morality as a moral system, rising from the interests of a social group. I don't think that is the "final answer," but I will agree with that statement to a point.
I still prefer to believe that ultimately, morality and ethics come down to SIMPLY BEING just an individual thing, especially regarding the perception that the group mentality is not necessary the norm for all GIVEN situations.
For example, when there is a requirement for just the “one” to direct the group by being in a position of authority, then I will also concede that there are times when the needs of the one may out weight the needs of the many...when ? I'm not sure, but that does not preclued that as being a valid point.
We are told by our peers, that in some situations (mining to be exact) the basis for a hidden agenda may at times be necessary, as to “prevent others “ from knowing our true intentions...whoa, now that is over the top. Since I own much shares of CMKX, like many otheres, how is that we fit into the "prevent others" category?
Let's look at that. First of all not all decision making needs to be steeped in secrecy, even if the agenda is expected eventually, to be a good thing to benefit the “group effort.” To what ends would secrecy justify a complete media blackout, given we have had at least two (2) years to "put out information of relevence?
Having dealt in the secrets business, I can definitely say, there is always a point when secrecy becomes a moot point and is counterproductive to the end game. We have less than a month now, for the secrecy issue to reach a critical counterporductive stage, in which we will expeience a massive cascading effects of total melt down...lol, unless of course documents are produced in accordance with SEC regulations...then this is a moot conversation...lol
If we consider that the secercy rationale usually goes out the door in business where there are many mitgating factors involved. We then have to assume, the decision made by the “one” to "cloak" the data from the group is not "a good thing," and will not be good for the group. Therefore continued retraint on the publication of information is adverse to the group.
Especially if it’s continued usage (hidden agenda) causes for the group, the added burden of an unusual detriment (which I might add, is the point the SEC is belaboring that we are without information necessary to make a “good decision” in our dealings with CMKX.)
and our securities are revoked.
In business, the final decision RELEVANT to the morality of what is right or wrong, what is expected and what is required in a given situation, should be based on the concept that the needs of the many (shareholders), far out weight the needs of the one or the few (UC and other insiders).
It is an accepted societal norm by which we all live, that dictates, the many have first consideration in a given situation, where the impact can or might have negative or sever connotations.
But some will continue to say “ it’s necessary to hide” the data from the bad guys.
Really, I think I can say without reservation, that it’s very likely that the bad guys already know what we have, or don’t have, hence the massive STOCK selling.
So, if everyone knows but us (shareholders) why not make it official? After all, such an official announcement can’t hurt us any more that the current situation andthis is especially true, given the time constraints regarding the upcoming event (judge’s decision).
There has been growing concern on the boards which by some accounts, is quickly replacing the once prevalent optimism about the possibility of a CMKX being the “stock play of a life time.”
For some to suggest that we should not emphasize our concerns by way of some “objective and articulate” questions relevant to those answers we require, is to also suggest that we should simply dismiss the tangible aspects of an optimitic judgment held by the group as a whole, regarding a collective acceptance of CMKX / UC as an "authentic" entity.
Without delving too much deeper into a philosophically moralistic view point, I would point out that we should all know the difference between what is right and wrong, good and bad and it befuddles me to no end, that apparently those managing CMKX have issues with that notion.
That would suggest the notion that CMKX operates on is ..."what I don’t know can’t hurt me"….not hardly, what I know can’t hurt me, unless I let it, it’s the unknown that may cause me grief.
In spite of CMKX / UC’s failures and the continuing lack of information, I can forgive all that. But one thing I can’t forgive is deception in any form.
What has caused me concern about CMKX/ UC is the following statement taken from the SEC about the CMKX corporate address…
” Likewise, it appears that CMKM Diamonds continues not to appreciate the importance of providing accurate information to the public and in its filings with the Commission. For example, the company issued a press release in March 2005 announcing that it had new offices at 5375 Procyon Street Suite 101, Las Vegas, Nevada as of March 1,2005 (Exh. 53). No later than April 6, 2005, CMKM Diamonds' lawyers learned that the Procyon address contained only a hot rod shop. Instead of correcting the error, however, it appears that company's counsel thought the company should pretend to "move in" to the empty warehouse and talk to Shawn at the hot rod shop" (Exh. 55). In its Form 8-K filed almost a week later on April 12, 2005, CMKM Diamonds continued to report to the Commission the phony Procyon Street address (Exh. 12).”
To put out such a statement indicates that either the SEC is deficient in having all the relevant facts, or that CMKX through it’s representative lacks the morality of required “truth value,” when making statements to us (shareholders) and if that is the case, I am greatly disappointed in CMKX.
What do I mean by truth value? To be valid a statement must have at it foundation, a moral connotation that applies to valadate the statement with merit, if it is to have any "truth value."
By that I mean, we can postulate all day long as to what morality should be, relevent to what it actually is.
But I would hope that we all agree that a moral statement is usually seen as expressing an individual’s moral sentiment or attitude on a given matter.
In that way, we should be able to at least evaluate which set of moral values those we are speaking or dealing with will adhere to, if any!
Currently we are without the means to evaluate the morality, ethics and or the motive being employed by UC.
This because we lack consistent or verifiable information directly from him…"as in from the horse’s mouth." We are therefore required to use logic as the foundation as our means for “proper” reasoning. But sadly, even there we are lacking, since at this late stage of the game, we still have nothing to use.
Worse yet, any logical deductionswill be useless, since we are now told that all our past data is tainted.
Some will say that the boards are filled with logical inferences relevant to CMKX.
To that I would simply say…not so, that is not correct.
What you have for the most part are speculations extrapolated from “specifically worded “ PRs and supposition, which has forced the reader to draw their own conclusions, and in so doing, may drwa the wrong conclusion, even if they are in fact made in large part, based on logical sounding assumptions.
Therein lay the curent problem with the boards, that being specualtions are readily perceived by many to be factual.
This phenomena is self replicating in that these “logical assumption,” foisted as facts on the boards, are simply assumptions, that have for all intents and purposes, gained legitimacy through a group consensus, and in turn validate the speculation as factual…what a web we weave…..lol.
Ok, I’ll get off the high ground and finish this post by pointing out the obvious.
As rational beings we are able to judge whether any action is moral by asking if the action is consistent with the categorical imperative. One formulation of the categorical imperative is,
"Act only on that maxim (intention) whereby at the same time you can will that it shall become a universal law".
What is meant by that is, the way that we judge an action to be moral is to universalize it.
If I want to know if telling a lie on a particular occasion is justifiable, I must try to imagine what would happen if everyone was to lie.
In that rational, all persons would agree that a world in which there is no lying is preferable to one in which lying was common; in a society in which lying was common no one could trust the word of anyone else.
Another formulation is:
"Always act to treat humanity, whether in yourself or in others, as an end in itself, never merely as a means." What is meant by that that is, a rational being should not be used as a means to another person's happiness; if we use another person as a means to our ends then we have removed that person's autonomy.
Get the point?
To close I would simply say, that if we are to be one with CMKX, we need more than just blind faith to operate on.
I personally don’t think that asking legitimate questions and receiving realistic answers is being disloyal to the group and or CMKX.
So………..I would encourage UC and Company not to wait until the 11th hour to reveal what is being asked by this post and to address what I ‘m confident that others will also be asking very soon, as we draw closer to the drop dead date…!
Thank You for your time
fw
