CMKM Diamonds Inc. (fka CMKX)

[janice shell]

Okay.

So let's just suppose the law firm was retained to deal with a short issue. From your vast experience , what effect could this possible action have on the share price of CMKX ?

Off the top of my head, I can think of three companies that did just that: JGMHA, GMXX, and Nutek (they've changed ticker, and I forget what the new one is). All three claim Huge Naked Short Positions. JGMHA is still involved in litigation; the judge has twice indicated that plaintiff failed to produce adequate proof of the alleged short position. The GMXX and Nutek actions were dismissed.

All three stocks are now trading significantly lower than they were when they brought the lawsuits.

Draw your own conclusions. And remember: attorneys are VERY expensive.