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CMKX II new Thread. Get it while you CAN !
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[QUOTE]Originally posted by Leardron: [QB] [QUOTE]Originally posted by Earth_Shaker: [b]CMKX. Remember this. Very significant... Urban Casavant placed CMKX shares in escrow with a law firm and filed with the SEC stating that shares would not be traded for 3 years. Very significant IMO... UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 17, 2003 CASAVANT MINING KIMBERLITE INTERNATIONAL, INC. (Exact name of Registrant as specified in charter) Nevada 0-26919 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification) 1481 W. Warm Springs Road, Suite 133, Las Vegas, Nevada 89014 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (702) 946-6747 ITEM 9. REGULATION FD DISCLOSURE On April 15, 2003, Casavant Mining Kimberlite International, Inc. ("CMKI") entered into an agreement with Urban Casavant, President of the Company, whereby Mr. Casavant agreed to place his shares of CMKI common stock in escrow for a period of three (3) years. During the period of time in which Mr. Casavant's shares are in escrow, Mr. Casavant has agreed not to sell, pledge, or otherwise dispose of any of the shares placed in escrow. However, Mr. Casavant does retain all other rights afforded to him by virtue of owning the shares, including voting rights and rights to dividends and other distributions.Mr. Casavant's shares are being held in escrow by the Law Offices of Thomas C. Cook, Ltd. [/b][/QUOTE] I think if you look at one of the other filings, you will see that his shares total that he put in escrow was 600 Million shares. Now that could say two things. The one that stands out the most is that you would think that his shares would total a fairly significant portion of the total O/S. Lets say that he was to control 10% of the stock, that means that the O/S would have to be at 6 Billion. Now that means one of two things. A: that the O/S isn't as high as expected and/or B: that there is going to be a big reverse split coming before he reclaims those shares. Will be interesting to see what happens. [/QB][/QUOTE]
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