CMKM Diamonds Inc. (fka CMKX)

[jimmym4]

Hmmmm..Fail to deliver...Not naked shorts>>>>>>>>>>>>>

Why won’t you just accept my brokerage statement?

The company has received communications from hundreds of shareholders saying their positions have been wiped out of their accounts. We have also learned through records from the SEC that there are billions of “fails to deliver” in this stock. That means that brokers have told their customers they have valid shares, but the broker has not been able to locate those shares. So, the customer may not really have valid shares even though they get a statement each month from their broker. Because of these massive “fails to deliver” and the actions of some brokerage houses cleaning out CMKM shares without the permission of their customers, the company believes it would be liable if it distributed these shares without confirming actual ownership of real shares.