|
Post by kenshin7 on Jun 29, 2009 15:35:19 GMT -5
|
|
|
Post by iq on Jun 30, 2009 13:08:49 GMT -5
Thanks for the update! July 8, 2009 is the magic date! Nice ! Now we wait "INFORMATION FOR CMKM DIAMONDS INVESTORS CIVIL ACTION AGAINST CMKM DIAMONDS, INC. URBAN CASAVANT, et al. RECENT DEVELOPMENTS On June 23, 2009, the federal district court in the District of Nevada granted the SEC’s motion for summary judgment against defendants John Edwards, Daryl Anderson, and Kathleen and Anthony Tomasso. The court ordered: Edwards to pay $28,583,288.98 in disgorgement and prejudgment interest and a civil penalty of $26,400,000; Anderson to pay $2,490,211.04 in disgorgement and prejudgment interest and a civil penalty of $2,300,000; and The Tomassos to pay $702,131.22 in disgorgement and prejudgment interest and a civil penalty of $648,500. The court ordered the defendants to pay these amounts to the Clerk of the Court for the District of Nevada within ten business days. Any amounts paid to the Clerk will be deposited into an interest-bearing account with the Court Registry Investment System. In cases where the SEC obtains a judgment to recover money from the defendants, and the defendants do not comply with the judgment by paying the money, the SEC will seek to enforce the judgment."
|
|
|
Post by stevepot99 on Jun 30, 2009 20:15:53 GMT -5
this is just the beginning wait till they get to UC's portion of the payout this is still pennies compared to the end result coming
|
|
|
Post by kenshin7 on Jun 30, 2009 23:55:47 GMT -5
i hope so , lets hope they pay up it would be very nice to finaly put this to bed after all these years .
|
|
|
Post by iq on Jul 2, 2009 7:52:38 GMT -5
Sticking together as a large group with this stock is what got us this far! We're a tough bunch indeed
|
|
|
Post by stevepot99 on Jul 4, 2009 2:48:17 GMT -5
You stil never hear about it anywhere publically that is our downfall everyone wants o keep it hush hush
|
|