LAS VEGAS, Mar 30, 2007 (BUSINESS WIRE) -- On March 29, 2007, Urban Casavant stepped down as Chairman of the Board, sole Director, President, Secretary and Treasurer of CMKM Diamonds, Inc. "My health issues are forcing my resignation, but I believe that I have finally found the right man to take over at the helm," stated Mr. Casavant. "Mr. West has proven his tenacity along with his care and concern for the shareholders of this company over and over again through an extremely difficult time. I want to thank you all for your continued loyalty and trust in spite of no news coming from the company for extremely long periods," continued Mr. Casavant.
Before resigning, Mr. Casavant appointed then current Interim CEO, Kevin West, to Chairman of the Board. "I want to thank Urban for having the trust and the faith in me to turn over the reigns of the Company so that I can have the authority needed to make decisions in the best interests of the shareholders. During the last several months, I have faced many challenges as have all of you. My ability to communicate was hindered which caused me much grief and frustration. That is all behind us now, and the communication issues have been eliminated. I want to personally thank Bill Frizzell for his unyielding efforts towards protecting the rights of the shareholders of this company."
West continues, "I look forward to the coming weeks and months ahead, as WE the Shareholders finally move forward together. More information to begin immediately."
Safe Harbor Statement:
This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.
SOURCE: CMKM Diamonds, Inc. |
