Now that Emerson is patners this letter makes sense.
From John Martin on 32
« Thread Started on Sept 3, 2005, 5:23pm »
I have not commented on things for a long time. I think it is time to do so.
I must confess that Bill and I have had a difficult time continuing to work on this case with the lack of support from some shareholders. There are those, who are arm chair quarterbacks who think they have all the answers. (You all seem to have no trust in anyone.) There are those of you who are so caught up in UC, that you can’t see what has happened (I know, because I was there); and then there are those who see blood so red, that you are willing to file a suit at any cost for revenge.
I don’t want to forget to acknowledge the truly supportive group of the hundreds of shareholders that understand what they have in Bill Frizzell. These individuals have donated incredible amounts of time and money. In addition, many have actually taken the time to send us encouraging e-mails and cards. They have no idea how encouraging their words and gestures mean to us.
Bill Frizzell is walking a very fine line. He has to deal with some of the most selfish individuals I think I have ever encountered. He has to deal with a company that has done a lot of things wrong, HOWEVER, may have the goods. He has to deal with the SEC; he has a law license to protect; and he has to work for 5,000-6,000 shareholders who deserve to receive their due. He has to juggle information in a way that does not completely destroy the company in which we all have believed; and he has to know what to tell his clients without informing the enemy. On top of all this, he has to deal with little funding. Folks, we are spending most of our time attempting to convince people we are doing the right thing! I know you cannot see it, but Bill is spending 10-12 hours per day on this, and we are at a junction that could make or break our efforts to succeed for all of us.
Now, allow me to set some things straight. There is a concerted effort to destroy this group’s unity. Bill Frizzell has never done anything to cause anyone to doubt his word or his character. If he says there will be no class action suit, he means it! In addition, he is not going to give the information to another attorney to do so for him. If Bill says that when he files a lawsuit with a few plaintiffs for reasons that are evident, and says that all shareholders will benefit if there is a settlement, then that is the case! PERIOD! How many times do we need to state things to be believed?? Do some of you actually believe we have staged a set up to take advantage of people that have been hurt like we all have? Do you really think that? Those of you who have made comments along these lines should be ashamed of yourselves. Oh, and let me say one more thing. The Owners Group Inc was formed to attempt to prevent the scamming of innocent investors ever again - NOT because Bill and I want to line our pockets. For those of you who understand public companies, no one gets rich going public if it is done so legally and ethically - at least not until after many years of hard work! I have been literally sick to my stomach over the stench from the rotting souls from the fraudulent crooks that steal from unsuspecting shareholders all over this country. I guess I was naive as to what actually was going on out there in our markets, but some of the most gosh awful things happen out there every day, and I plan on standing up and making a difference!
I watch the boards every day, and have come to the conclusion that some people are just lonely and downright mean. They have nothing better to do than cast personal doubt on us so that others will jump on board with them. I do not think they are bashers, I just think they are people who enjoy making others think the same way they do: Misery loves company.
I know it is hard to believe, but there are some people in this world who do things for others not intending to reap reward. I know it is difficult to understand why anyone would work at least 10 hours a day and risk his Law Firm and his family for people he does not even know!
Let me tell you why Bill is such a person… because we have calls almost daily from those who fear they have lost everything. Widows who have no one to rely on who have dumped all their money into this company; people with cancer who are trying to make one last effort at supplying income for their family before they die; seasoned investors who have in excess of a million dollars at risk. The stories go on and on and on. We are almost in tears some days with the stories, as well as the cries for help.
Let me give all of you a summary of where we are in this CMKX saga.
Several years ago, some seriously evil people took advantage of Urban Cassavant. Evidently, UC bought a dirty shell when he formed CMKI. That means there was very fine print, which would cause him many problems in the future: Problems that forced him to pay extortionists along the way, i.e. a dilution agreement and toxic financing. We feel, and hopefully will not be proved wrong, that UC is not the mastermind who diluted this stock. We believe it was done to keep up with the agreements in the contract. We assume UC put the claims in the 025 company for the purpose of keeping them safe. We do not think UC did this to keep them from the shareholders. Bill and I are in the process of investigating the extortionists. We think they deserve to pay for what they have done. They are present in dozens of other companies, and are doing the same thing to them. Their day is almost over!! We believe that once they are out of the way, UC will then be able to do the right thing and do whatever he must to give his shareholders their due.
Bill and I want very badly for all shareholders to be paid for their investment. We are not interested in hurting that situation in any way. Bill is not interested in long-term litigation in any way. He is not looking for job security. He is not searching for a way to make a fortune here. He is looking for a way to help all of us innocent shareholders who have been stolen from. There is no underlying reason for what he has done, or is doing, other than justice!
We need for all shareholders to rally here! The extortionists will not have to pay capital gains taxes on hundreds of millions of dollars that they have swindled if this company does not survive. We need for CMKX to make it for more than one reason, not just ourselves.
One last thought. I get numerous e-mails every day asking me if I thought there is anything left here for us shareholders. If we thought there was nothing to gain, we would have already stepped away and let you all know the facts. We believe the “goods” are there. We know we have a huge naked short (835 billion shares, including cert holders, and NOBO lists, and with just 20% of street shares faxed in, leaving 80% not even reporting! This does not begin to mention those who are not included from other countries.) These two things alone can be our winning combination.
CMKX Shareholders, it is time to UNITE!
As Bill would say, “ONWARD”
John
http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=848484
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