CMKM Diamonds Inc. (fka CMKX)

[IQ1]

So why is the transfer agent still operating ?
No arrests ?

Quote:The scheme began when several private Canadian companies controlled by
Urban Casavant entered into a reverse merger with a public shell that was owned
by Edwards. (SF No. 12.) Over a twenty-month period, CMKM improperly
issued up to 622 billion shares of purportedly unrestricted stock based on both
written authorizations and attorney opinion letters. (SF No. 13.) These
authorizations and opinions were often facially inadequate, suspect, and
inconsistent. (SF No. 13.) CMKM’s transfer agent nevertheless issued sheaves of
unlegended stock certificates. (See SF No. 14.) Edwards and others then
deposited the certificates with various broker-dealers, including NevWest
Case 2:08-cv-00437-LRH-RJJ Document 99-2 Filed 12/16/2008