CMKM Diamonds Inc (fka CMKX)

[janice shell]

Yeppers, seems to me the CMKX scam started with a little promoter meeting in Vegas.

More than one. I believe they first got together in the fall of 2002. By November or December, Slurp and some "friends", all PCBM shareholders, were pumping CMKI. When the CMKI shell was transferred to Urbie in December 2002, there was almost immediately talk of a merger with GEMM. In connection with that, supposedly, Urbie issued 7 billion shares, the beginning of the dilution. We know now, of course, that those shares were given to various cronies of Urbie.

Within a few months, the GEMM deal fell through. Then Slurp began to circulate a new rumor: that PCBM and CMKI (which by then had become CMKM) would merge. What advantage there'd be in a merger of a used car business and a diamond mining business was never disclosed.

In July or August 2003 there was a CMKM "shareholders' meeting" in Vegas. Some of the more "prominent" CMKX investors were present; so were a number of promoters, including Scotty Wilding and Karla. Apparently CMKM and PCBM insiders attended, but we were never told who they were.

After that, CMKM's stock price sank gradually, ending up at 0.0001. Nothing was going on, so I stopped following it. Until Urbie announced the Funny Car thing. That caught my attention, and the whole story has held it ever since.