CMKM Diamonds Inc. Announces It is Retaining a Large New York Law Firm to Represent Its Interests.Business Editors LAS VEGAS--(BUSINESS WIRE)--June 4, 2004 CMKM Diamonds Inc. (Pink Sheets: CMKX) President and Chairman of the Board of Directors Urban Casavant announced that the company has entered into discussions with a large New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of securities law firm to represent the company and has paid a retainer A contract between attorney and client specifying the nature of the services to be rendered and the cost of the services. Retainer also denotes the fee that the client pays when employing an attorney to act on her behalf. to that firm to begin the process of bringing the company into full compliance in order to be fully reporting. The name of the law firm will be announced as soon as that firm confirms that there is no conflict pursuant to its policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . Casavant and the board of directors stated that, "We are very happy and excited to be associated with a law firm of this caliber and are looking forward their assistance and direction to become fully reporting in as short a time as possible." To view further company updates, you can go to our Web site located at http://www.casavantmining.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses and the ability of the company to manage its operations. |
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