David Sweet had to sell the majority (1.5mil) of his shares, due...

David Sweet had to sell the majority (1.5mil) of his shares, due to what looks like a margin call due to the Opes Prime Collapse.

The good thing is that another director of CMO
- Kevin Weldon has swooped on 2.7 million shares worth over $300000.

That would have to be a positive sign for CMO. This is the second parcel of shares that he has bought in the past month

Check out Kevin Weldons achievements over the past few years. I like the "Aggressively entrepreneurial spirit" that was used to describe his personality.

CMO definately needs this attribute RIGHT NOW!!.

Kevin Weldon AM, Chairman, Weldon International
Kevin Weldon is Australia's most dynamic and successful book publisher, a distinction he first achieved when he shattered the mould of traditional book publishing in Australia more than 30 years ago. His success was acknowledged in 1996 by the Australian Publishers Association when they awarded Mr Weldon the most prestigious Lloyd O'Neill Award for Lifetime Achievement in Publishing, one of only two ever awarded.

Aggressively entrepreneurial in spirit, he refused to accept that books were an elitist product best confined to their traditionally selective and narrow marketplace. His (then) radical views and bold outlook brought howls of protest from the established order when he launched the highly successful Paul Hamlyn Group in Australia in the late 1960's. Today, Weldon is not only international but one of the few book publishers in the world capable of publishing in 20 languages in 40 countries.

He resigned as founding managing director of Paul Hamlyn in Australia in 1979, and after a few years as an international publishing consultant in the 1980's, eventually bought out the group he had made so successful in Australia, increasing its retail sales by $10 million within a year.

During the 1980's Mr Weldon was involved in two monumental publishing projects in Australia; he published the Macquarie Dictionary, the definitive work that has become undisputed arbiter of the Australian language, and, with major Australian newspaper groups, The Australians: a historical library.

In 1998 Kevin Weldon co-founded WM Capital Pty Ltd with Rob McLean, former head of McKinsey & Co. WM Capital has substantial shareholding in Media Company "Imagination Entertainment" with offices in the UK, USA and Australia.

Mr Weldon has a Company, Charmseal Pty Ltd, which is a development company in small housing, land and farming activities. Mr Weldon advises owners in two large Management and C.R.M. Companies and is the Chairman of U.C.M.S, a leading outsourcing Company with the head office in Melbourne.

Beyond business, Kevin Weldon is recognised as one of the most influential figures in the world aquatic lifesaving movement, having led the Australian Surf Lifesaving moment, formed World (surf) Lifesaving, and played a pivotal role in bringing the world's two biggest lifesaving organisations together - the World Lifesaving and the Federation Internationale de Sauvetage Aquatique to form the International Lifesaving Federation of which he is Founding President.

At a cultural level, he has created a significant Australian art collection, founded Earthwatch - a voluntary organisation supporting scientific expeditions, and served on various boards, notably the Powerhouse Museum in Sydney and the Institute of Aboriginal Studies.