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CMKX II new Thread. Get it while you CAN !
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[QUOTE]Originally posted by Upside: [QB] originally posted by Earth_Shaker: [QUOTE]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.[/QUOTE] Earth, What significance do you attach to this? Compared to how many of the current shares he probably holds, it's meaningless in my opinion. If there are in fact billions and billions of shares outstanding now, how many of them do you think Mr. Casavant holds or sells on a daily basis. It renders the escrowed shares virtually worthless as mere pocket change. [/QB][/QUOTE]
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