Any comment on the Alberta Securities Commission (ASC) hearing to be held on April 9, 2008?
CALGARY, March 19 /CNW/ – The Alberta Securities Commission (ASC) has issued a Notice of Hearing to seek an order reciprocal to Saskatchewan and Manitoba orders against CMKM Diamonds, Inc. ASC staff alleges that CMKM sold shares to Alberta residents without registering with the ASC or filing the proper documents required for distribution of securities under the Alberta Securities Act. The ASC hearing is scheduled for Wednesday, April 9, 2008. A) The Company signed the linked reciprocal order with the ASC. There are no further actions needed to be taken by the Company. The actions of the Alberta Securities Commission were taken because of acts committed by prior management. Our investigation revealed no evidence which would allow us to dispute the charges of the Alberta Securities Commission. Q) Is Urban Casavant, either directly or indirectly via family members or other intermediaries, funding any of the current operations or legal proceedings being undertaken by the current CMKM Diamo
Any comment on the Alberta Securities Commission (ASC) hearing to be held on April 9, 2008?