You will recall that Frizzy didn't want to honor those certificates that were being presented by intermediaries.
Of course you'd have to have been out of your mind to put CMKM Diamonds shares in your IRA, but if you DID put CMKM Diamonds shares in your IRA and CMKM Diamonds ever did distribute anything of value to her shareholders, then those IRA accounts would be entitled to the same distribution as anyone else.
Good thing, in a most bizarre way, that there won't be any distribution, eh?
"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital