CMKM Diamonds, Inc. Awarded a $33,675,365 Judgment; Begins Search for a New Chairman.TYLER, Texas Tyler is the county seat of Smith County in East Texas, United States. The city is named for President John Tyler in recognition of his support for Texas's admission to the United States. -- On July 1, 2008 CMKM Diamonds, Inc. was awarded a $33,675,365 judgment in a Nevada District Court against one of the former insiders of the Company, John Edwards  This article or section contains information about one or more candidates in an upcoming or ongoing election.Content may change as the election approaches. . Mr. Edwards was labeled as one of the two "masterminds" of the scheme to defraud investors of over $64 million in a lawsuit filed on April 7, 2008 by the Securities and Exchange Commission. The Company also announced today that it has begun the process of searching for a new Chairman. Current CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman, Kevin West, stated, "I am very pleased with the progress being made through the Company's litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . It is time to begin the search for someone with the business experience that is needed to move the Company forward." Mr. West is currently appointing a seven member, shareholder based, "Advisory Committee" to help with this process. "Among many other qualities, the person we are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. will be someone who can see the value of having a shareholder base of over 40,000 people from all over the world," stated Mr. West. A new link has been added to the Company's website at www.cmkmdiamondsinc.com for the submission of resumes to be considered for this position. Shareholders are encouraged to direct qualified prospects to this link. |
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