posted June 22, 2004 10:25            

quote:

---

Originally posted by will:
See how easily we are made happy. No where in your statement is the #1 reason this company exists. To locate and recover DIAMONDS! Funny how the absence of real news will let us settle for less. Sorta like driving the price of gasoline to $3 so you smile, and feel good when you only have to pay $2.

---

Will I am not sure if I understood your statement, but here is my reply. I don't think we need to repeat the company existance, they obviously exist otherwise they would not be trading. They are obviously legally registered, but to say if their business is ethical, I cannot tell you that. Everything what they done so far is good and steps they are taking sound promising.
Secondly, the reason that I did not mention diamonds exploration because we know they are in the process of drilling and gathering samples and this process is not a overnight thing - so why keep repeating myself. Hope this clarifies my statement.

posted June 22, 2004 10:28            

PAUL

posted June 22, 2004 10:29            

quote:

---

Atexan - When the audit is completed, we will know how many company shares are outstanding, and how many have been naked shorted. We are attempting to evaluate share value, which is simply, Dollar value of our mineral rights, divided by the number of authorized shares = value per share. The audit is also needed in order to move up to OTC or higher boards, which Urban has stated is his goal.

---

posted June 22, 2004 10:43            

I think the audit will put them in a position to fill out the top of page 2 of this form.

Though, it would make sense that they (CMKX)would already have the information needed. I am still having a hard time reconciling the move to another board and needing to know the short position.

I have looked over the form, it does not seem that hard.

BTW, The audit should already be done.

Anyone know anything about the 23rd of this month being a date that we should be watching with regard to exchange change?

Paul

------------------
A soft answer turneth away wrath: but grievous words stir up anger.

posted June 22, 2004 11:06            

quote:

---

Anyone know anything about the 23rd of this month being a date that we should be watching with regard to exchange change?

---

Paul,
You posted that question a few days ago and since then I have been looking all over trying to find some information stating that the 23rd is a filing deadline. I turned up nothing. I don't believe it's true. I don't see how it could be. New securities come onto the market virtually every day. That would mean that some are approved immediately while others wait up to a year?

posted June 22, 2004 11:15            

They tell me there is no such deadline there.
Only that the last THREE years of (10Q's and 10K's) filings have to be on file with the SEC. The man I spoke w/ says that some do a SUPER K in order to catch every thing up.?.?

PAUL

Anyone know anyone named Phillip A. Casavant in regard to the Urban Casavant family?

quote:

---

Originally posted by Upside:
originally posted by Paul:
Paul,
You posted that question a few days ago and since then I have been looking all over trying to find some information stating that the 23rd is a filing deadline. I turned up nothing. I don't believe it's true. I don't see how it could be. New securities come onto the market virtually every day. That would mean that some are approved immediately while others wait up to a year?

---

posted June 22, 2004 11:27            

quote:

---

Originally posted by TradingWizard:
Will I am not sure if I understood your statement, but here is my reply. I don't think we need to repeat the company existance, they obviously exist otherwise they would not be trading. They are obviously legally registered, but to say if their business is ethical, I cannot tell you that. Everything what they done so far is good and steps they are taking sound promising.
Secondly, the reason that I did not mention diamonds exploration because we know they are in the process of drilling and gathering samples and this process is not a overnight thing - so why keep repeating myself. Hope this clarifies my statement.

---

posted June 22, 2004 11:27            

Excellent work on clearing that up. I've tried calling a friend who is a broker broker with Bear Sterns, but he has been on vacation both last week and this.

So much ground work has been laid. What we need are the facts as you just provided so we can have better perspective on the events which do occur. Thanks Paul.

posted June 22, 2004 11:33            

Before I repost it here. I want to mkae sure he has something to with CMKX.

The information is interesting but, likely has nothing to do with this.

PAUL

quote:

---

Originally posted by will:
Phillip A. Casavant -- Paul where are you getting that name? Any connections to one of the joint venture companies?

---

posted June 22, 2004 11:35            

quote:

---

Originally posted by PAUL:
I am not trying to get some rumor going. It is just something I ran across.

Before I repost it here. I want to mkae sure he has something to with CMKX.

The information is interesting but, likely has nothing to do with this.

PAUL

---

posted June 22, 2004 11:35            

I am about to look at some filings by cmkx to try to determine End Of Year for them.

PAUL

quote:

---

Originally posted by Bo14172:
Paul,

Excellent work on clearing that up. I've tried calling a friend who is a broker broker with Bear Sterns, but he has been on vacation both last week and this.

So much ground work has been laid. What we need are the facts as you just provided so we can have better perspective on the events which do occur. Thanks Paul.

Be well, Bo

---

posted June 22, 2004 11:42            

quote:

---

Originally posted by will:
I did not question there existence. What I am saying the first objective is DIAMONDS, but we will settle for lesser news. Don't make it sound like I am putting them in the catagory of scam. Read it again after you have coffee.

---

Okay

posted June 22, 2004 11:42            

The company has had such a long history of not doing things they said they were going to do. They are dealing with that issue very well. The PR's now state what they did. Not what they want to do.

The next battle is here, rumors getting started that disappoint when they do not come to pass.

Again it is nothing earth shaking. But, if I re-post it here, I am sure dozens of people will e-mail this poor guy just like I have to try to see if there is a connection between him and the UC family.

PAUL

quote:

---

Originally posted by will:
Well, where is it coming from, why the reluctance to post it?

---

------------------
A soft answer turneth away wrath: but grievous words stir up anger.

posted June 22, 2004 11:50            

Sorry I should probably just post itr. I was not tryiong to make a big deal out of this.

Sorry if I did. Just trying to figure out who this guy is?

PAUL

quote:

---

Originally posted by TradingWizard:
Paul, are you saying we can email you for the information. Please clarify. Thanks.

---

posted June 22, 2004 11:52            

I took your last post as to mean that you were wondering if there is a deadline for the SEC filing for a non-reporting company to file it's initial registration with them.

My guess woul be that they could file at anytime without a stated deadline, but I'm not sure.
Here is a link for numbers to their departments: http://sec.gov/contact/phones.htm

I called 202-942-0069 which is the division of market regulation. A message had to be left. Maybe is a few of us call, one of us might get a call back to advise.

posted June 22, 2004 12:02            

I remember reading the date June 23rd in regard to making a change in the exchange.

So far I have found NOTHING to support this. My last thought is that maybe the requirement for the last three years of filings with the SEC has some sort of deadline on it.

Perhaps the whole date was just made up to make sur epeople would hold through that date so someone could sell their shares that have held since Jund 22 of 03. Who knows, I know I do not.

However, sec, 10q, 10k is an area I am real GREEN in. Still have a hard time with defingin the OS & As etc. I have to go over it real slow in my head when processing this stuff.

PAUL

quote:

---

Originally posted by Bo14172:
Paul,

I took your last post as to mean that you were wondering if there is a deadline for the SEC filing for a non-reporting company to file it's initial registration with them.

My guess woul be that they could file at anytime without a stated deadline, but I'm not sure.
Here is a link for numbers to their departments: http://sec.gov/contact/phones.htm

I called 202-942-0069 which is the division of market regulation. A message had to be left. Maybe is a few of us call, one of us might get a call back to advise.

If there is no deadline with the OTCBB nor the SEC, then we can all be assured if the 6-23 date comes and goes with no pr or indication of filing, all is still well. CMKX through their attorney, Roger Glenn will make the appropriate filing, if it is their plan to soon become a reporting company. Bo

---

posted June 22, 2004 12:07            

CMKX has IMO done a good job of making their PR's trustworthy again. Which is one of the things I though long ago would have to happen.

I really think that we should be careful to try to support our thoughts with some sort of fact.

I am sorry if it looks like I was trying to start more rumors. It was not my intent.

PAUL

If someone wants to post it, please do.
I just don't think it helps a long position to have rumor after rumor fail to materialize.

quote:

---

Originally posted by will:
I see that the ambiguity and the cloak and dagger approach disseminated by CMKX is contagious.

---

------------------
A soft answer turneth away wrath: but grievous words stir up anger.

posted June 22, 2004 12:12            

quote:

---

Originally posted by PAUL:
It may very well be. Perhaps that is where it is coming from though my intent is to NOT add more fuel to the firestorm of rumors.

CMKX has IMO done a good job of making their PR's trustworthy again. Which is one of the things I though long ago would have to happen.

I really think that we should be careful to try to support our thoughts with some sort of fact.

I am sorry if it looks like I was trying to start more rumors. It was not my intent.

PAUL

---

posted June 22, 2004 12:14            

PAUL

quote:

---

Originally posted by will:
Keep it to yourself, obviously you have it figured out, and don't welcome any opinions. I think alluding to information and witholding it is worse than rumor mongering. No need to explain any further.

---

------------------
A soft answer turneth away wrath: but grievous words stir up anger.

posted June 22, 2004 13:17            

The company itself is does not file the form 211.

I am still reading.

PAUL

posted June 22, 2004 13:21            

2004-06-22 13:01 ET - Street Wire

Also Street Wire (C-KPG) Consolidated Pine Channel Gold Corp
Also Street Wire (C-UCA) United Carina Resources Corp

by Will Purcell

Four junior explorers managed to create quite a market stir with their diamond hunt in central Saskatchewan, but most of the attention has been garnered by Urban Casavant's swinging Pink Sheets promotion, CMKM Diamonds Inc. A CMKM share could be had for just one-100th of a U.S. cent though much of this year, but word of a diamondiferous kimberlite discovery near Smeaton had the company's faithful shareholders dreaming of dollars and a future beyond the mighty pinks, as trading volumes frequently topped the 10-billion mark and CMKM's shares crested above a glorious one-10th of a U.S. cent.

The enthusiasm cooled a bit last week, after more substantial news about the Smeaton find was produced by CMKM's two Canadian-listed partners, Rick Walker's United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. Those diamond details initially proved unsettling to quite a number of CMKM's investors, but the company's microscopically priced shares found their second wind and still trade well above their recent range.

CMKM's Smeaton play began in March, when the company signed an agreement that would allow it to earn a one-quarter share in the property from Mr. Walker's two companies, along with U.S. Canadian Minerals Inc. Interest in the project took off about a week later, when CMKM touted what it called a "new kimberlite discovery" on the Smeaton property.

CMKM proclaimed that its Carolyn pipe was diamondiferous late on June 10, and with the markets closed the following day to mourn Ronald Reagan's passing, there was a rush of speculators trying to hop aboard Mr. Casavant's diamondiferous Smeaton bandwagon indirectly, by investing in CMKM's two Canadian-listed partners.

Those plans hit a big snag when the TSX Venture Exchange halted the shares of United Carina and Pine Channel, citing an imbalance of material information. The exchange also cancelled all of the day's trades, washing away some significant gains, due to the lack of solid news -- at least as "news" is defined by the bureaucrats at the TSX-V.

That imbalance was ultimately corrected when Mr. Walker's diamond juniors subsequently revealed that the Carolyn core samples were just marginally diamondiferous. One 40.1-kilogram sample had produced two tiny microdiamonds that apparently weighed just 0.000005 carat, a fraction even smaller than CMKM's recent share price.

Meanwhile, 11 other Carolyn samples had failed to produce any diamonds. There was no indication of just how much those barren samples weighed, but if they were comparable with the one diamondiferous batch, the Smeaton partners would have recovered just two microdiamonds from over 400 kilograms of Carolyn kimberlite.

Those details presented a far gloomier outlook for the pipe than had CMKM's brief proclamation that the lab results had confirmed Carolyn was diamondiferous, leaving a number of the company's more exuberant faithful to speculate loudly that the Canadian news had been faked. Based on earlier work on the Smeaton play, there should have been few surprises in any of the recent results form Smeaton.

In fact, it would have been quite a shock had CMKM's drill program failed to intersect kimberlite, as its drill holes were apparently positioned in an attempt to retest a kimberlite pipe that had first been hit in 1996, when a group led by Swannell Minerals Corp. scored a kimberlite hit by drilling a geophysical anomaly that was about 200 metres in diameter. As a result, what CMKM now calls its new Carolyn pipe is actually the old Smeaton kimberlite.

Swannell intersected kimberlite at a depth of 128 metres and ultimately cored over 90 metres of kimberlite in its RS-1 drill hole, so it was hardly a great surprise when CMKM's drill hit the top of the pipe at a depth of 125 metres and ultimately intersected about 130 metres of kimberlite. Three subsequent CMKM drill holes produced intersections that ranged from 63 metres to 75 metres thick.

Most of the kimberlites in Saskatchewan have proven to be diamondiferous, so it also seemed likely that there would be at least a mild smattering of microdiamonds in the pipe, whatever its name. Still, there was not much chance that the reincarnated Smeaton kimberlite would deliver a bounty of micros as Carolyn, based on the earlier test. Samples of Swannell's drill core had been sent for analysis, but no diamonds were recovered from a modest amount of kimberlite.

The Swannell group subsequently abandoned the Smeaton project and it was snapped up by United Carina and Pine Channel. Late in 2000, the new partners poked four holes into a series of anomalies that had been identified in close proximity to the old Smeaton pipe. A narrow zone of reworked kimberlite was encountered in one of the holes, but the remainder failed to produce any kimberlite hits and the Smeaton play began to gather dust once again.

In 2002, United Carina and Pine Channel managed to come up with a new partner on the play. Panterra Exploration Corp. decided the play had enough promotability to warrant a look, and it signed an option deal on the project. Panterra's promotion delivered a few opening salvos, but the company did not manage much in the way of exploration, and its option was subsequently abandoned. That left Mr. Walker's companies to hunt down a new partner for the struggling Smeaton project.

The arrival of Mr. Casavant and CMKM has made the old Smeaton play a hot topic with speculators once again, although the market reaction to United Carina and Pine Channel's side of the Smeaton story has been modest in comparison with CMKM's decidedly pink promotion, due to the presence of at least a minimal set of reporting standards on the TSX-V.

Although some speculators may have been skeptical about CMKM's motives in repackaging the old Smeaton kimberlite as the Carolyn pipe, further work had been recommended on the old find, as the initial investigation had been deemed insufficient. As well, additional work was proposed for the remainder of the Smeaton property, in the hope of properly defining some new drill targets.

The Saskatchewan diamond play has been attracting investors since the late 1980s. There currently are two advanced projects that have at least a shot at being economic, both of them in the Fort a la Corne region, about 30 kilometres to the south of Smeaton.

Shore Gold Inc. is now working on a 25,000-tonne bulk sample of its huge Star kimberlite, which could prove or kill the project. The company previously processed about 140 tonnes of material from one large drill hole, coming up with a grade of a bit over 0.06 carat per tonne.

Shore is hoping to produce at least 3,000 carats from its test, which would require a grade of about 0.12 carat per tonne, and in its more exuberant moments, the company has touted the possibility of coming up with at least 5,000 carats, or about 0.20 carat per tonne. The first results are expected soon.

A group led by De Beers Canada Corp. and Kensington Resources Ltd. has been busy testing the mammoth No. 141/140 kimberlite complex for several years. The partners have come up with an average grade of about 0.07 carat per tonne, based on a cumulative 2,400-tonne sample, with signs of a somewhat higher grade in portions of the pipe, which appears to be larger than the Star complex.

The latest diamond counts from No. 141/140 provide a reasonable basis for comparison with the CMKM results, and offer an indication of what would reasonably be required for a large kimberlite to demonstrate a reasonable degree of economic potential in the Smeaton area.

De Beers and its partners recovered 1,159 diamonds from 595 kilograms of kimberlite, or nearly two stones per kilogram. That was nearly 40 times greater than the rate that the one diamondiferous Carolyn sample had produced diamonds, and it may have been nearly 500 times greater when the 11 barren batches are added in.

Indications of larger stones are of greater importance than raw diamond counts in evaluating kimberlites, and there were some macrodiamonds in the No. 141/140 samples. Six of the diamonds were large enough to be recovered by a 0.425-millimetre sieve, including two that sat on a 0.85-millimetre mesh.

Not included in those counts is a 5.5-millimetre, 0.77-carat stone that had been found during the preparation of the sample. Meanwhile, the two diamonds recovered from the Carolyn sample had been recovered on a 0.106-millimetre sieve.

CMKM still has not matched Mr. Walker's more detailed diamond disclosure, but the company is still busy issuing news about less material matters, including the shutdown of its message board. The board was being used by unsavoury persons to sling racial slurs, said Mr. Casavant in a press release that read more like a typical message board offering, with the liberal use of capitalized nouns and multiple exclamation marks.

Entertaining press releases are not the only unusual quirk with CMKM. Last fall, the company retired large blocks of its shares, and although the exact number is far from clear, it appears that roughly 20 billion of its shares were retired in a series of moves that came just a few months after the company had declared a 2-for-1 split of its shares.

Just how many of CMKM's shares are issued is another unknown, but whatever the number, there is no doubt that the company's abundance of shares are in both great demand and great supply. Nearly 124 billion of them were traded through the first three weeks of June, worth a total of over $80-million (U.S.). A typical CMKM trade was for just over 2.5 million shares and was worth an average of just under $2,000 (U.S.).

Over the same stretch, the gross value of all trades of Aber Diamond Corp., Canada's premier diamond company, was barely $70-million (U.S.).

CMKM was unchanged on Monday, closing at six-100ths of a U.S. cent. United Carina was also unchanged, closing at 18 cents and Pine Channel dropped one-half cent, ending the day at 8.5 cents.

posted June 22, 2004 13:46            

quote:

---

Originally posted by tradingpennys:


Not included in those counts is a 5.5-millimetre, 0.77-carat stone that had been found during the preparation of the sample. Meanwhile, the two diamonds recovered from the Carolyn sample had been recovered on a 0.106-millimetre sieve.

---

posted June 22, 2004 13:51            

quote:

---

I didn't know that a 3/4 of a carat stone was found during the prep! That would have been good news to have put out.

---

That was found in Debeers 140/141 pipe.

posted June 22, 2004 13:52            

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

posted June 22, 2004 13:53            

quote:

---

Originally posted by Upside:
originally posted by Leardron:
That was found in Debeers 140/141 pipe.

---

posted June 22, 2004 13:54            

quote:

---

Originally posted by Earth_Shaker:
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.

---

IF CMKX WERE A SCAM WHY WOULD URBAN LOCK UP HIS SHARES FOR 3 YEARS ??? HMMMMM ???

Because CMKX is THE REAL DEAL.

posted June 22, 2004 14:01            

quote:

---

Originally posted by Earth_Shaker:
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.

---

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.

posted June 22, 2004 14:07            

quote:

---

Originally posted by noahltl:
There's nothing new in this article that those of us who are following and doing DD did not already know. I don't think it's bashing, just a recap.

---

You are correct. For those who followed this thread and one before, this is not new news.

posted June 22, 2004 14:10            

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.

---

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.

posted June 22, 2004 14:13            

quote:

---

Originally posted by Upside:
originally posted by Earth_Shaker:
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.

---

posted June 22, 2004 14:19            

Within the last 1/2 hour I just spoke with Bob Green of the SEC at 1-800-SEC-0330, with the dept of individual investors and market regulation.

There is no deadline date for a company to register their shares with the SEC. Registering shares with the SEC is either done by IPO (Initial Public Offering) or through registration of existing authorized and outstanding shares. When asked, he advised that registered shares would always be shares that have been audited in accordance with accepted practices.

He advised that although he is not an expert on the OTCBB, he knows of no filing deadline. To get on the OTCBB, conditional requirements must be met.

He directed me to a link which sheds light on these and many other matters. Here is the link: http://www.sec.gov/investor/pubs/microcapstock.htm

So again, based on Paul's call this morning and mine just now, Paul states the OTCBB informed him there is no deadline when to file with them. This is consistant with my call to the SEC. Also note in the link, filing with the OTCBB only requires conditional threshholds be met, not filing deadline dates. So rest easy all if the 6-23 date passes and no pr or filing has been complete. I trust attorney Glenn is well verse in these matters far beyond our humble posts, and will act accordingly in due time.

posted June 22, 2004 14:28            

Spoke w/ OTCBB again, This time it was explained to me that the SEC will be contacted by them if they file for lisitng.

They can but do not in all cases go look for themselves at the filings.

They more than likely will just call the SEC and ask "are all the filings current for the last three years"? Basicly getting a thumbs up or down. On if all is well with the SEC.

I did notice the last thing filed with the SEC was a form saying "we will not be filing".

The OTCBB people ask me about this, aparently there is a different proceedure for getting listed if they just stopped filing and if they filed that form that said "we are not going to file".

Bo, Thanks for the follow up.

PAUL

quote:

---

Originally posted by Bo14172:
To follow up on the work Paul did this morning:

Within the last 1/2 hour I just spoke with Bob Green of the SEC at 1-800-SEC-0330, with the dept of individual investors and market regulation.

There is no deadline date for a company to register their shares with the SEC. Registering shares with the SEC is either done by IPO (Initial Public Offering) or through registration of existing authorized and outstanding shares. When asked, he advised that registered shares would always be shares that have been audited in accordance with accepted practices.

He advised that although he is not an expert on the OTCBB, he knows of no filing deadline. To get on the OTCBB, conditional requirements must be met.

He directed me to a link which sheds light on these and many other matters. Here is the link: http://www.sec.gov/investor/pubs/microcapstock.htm

So again, based on Paul's call this morning and mine just now, Paul states the OTCBB informed him there is no deadline when to file with them. This is consistant with my call to the SEC. Also note in the link, filing with the OTCBB only requires conditional threshholds be met, not filing deadline dates. So rest easy all if the 6-23 date passes and no pr or filing has been complete. I trust attorney Glenn is well verse in these matters far beyond our humble posts, and will act accordingly in due time.

Be well, Bo

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posted June 22, 2004 14:31            

quote:

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Isn't that insider trading if he buys and sells shares on a daily basis? Not being smart here just wondering. Maybe I am not understanding what insider trading means.

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Leardron,
In most cases insider trading is not illegal. Officers buy and sell their stock all the time. In the normal course of business, there's nothing wrong with it. It becomes illegal when an officer is in possession of non-public information about the company, and buys or sells based on that, or tips off an acquaintance to buy or sell because of this information. In any event though, I believe in CMKX's case he could buy or sell at any time he want's as they are a non-reporting company.