CMKM Diamonds Inc. (fka CMKX)

[zeninvestor32]

THOUGHTS ON TODAY'S CIRCUS 6/30.

There are 12 different versions today of who said what at what time that was heard by who. There are literally dozens of "experts" now that claim to know the outstanding share count (all differing of course). There are dozens of theories swirling around about how Urban will handle everything. And you know what?

Nobody knows squat.

I reiterate. You either believe that there is a plan unfolding or you don't. Today was a good gut check for those holding your shares. If your heart skipped, if you felt ill, if you felt so anxious and tense you didn't know how to handle it, then maybe you need to rethink your ability to handle this investment. Because this will get worse before it gets better IMO. While I have no idea what the true time table is, we are definitely getting closer by the day. We do know for sure that Pacific has all the files. Last night's PR with Roger's quote tells us we are moving forward "accurately and quickly" on the share count. And it will come. Soon. When? Who knows. Soon. And you bet the shorts know this. I truly look for the most violent lashing out by the shorts that we've seen up to this point as the days continue to pass. I look for further media blitzes. Further "rumors" or misinformation or possibly even false PRs. I rule out nothing at this stage. I truly believe that the share count is in the range of 10 billion. I truly believe when it comes out, it will silence ALL the bashing/naysayers up to this point. ALL OF THEM. They have been hanging their hat on that 500B AUTHORIZED number from day one without a shred of evidence as to ISSUED to back up their bogus claims of 500 bilion issued or some even claiming a trillion.

As for today's little fire drill, the only thing conclusive that I can say based on all the differing stories is that somewhere along the line the number 400 billion was mentioned by Pacific. How, and in what context, and what it meant is unknown, as we do not have the specifics of how that number was derived whatsoever. There are a million ways it could be achieved, particularly from what looks like a low-quality TA (First Global) that was affirmatively fired to be replaced by a TA that handles things "accurately" (from the PR last night). Moreover, the company (through Melvin) came out to affirmatively state that no number is accurate unless it is in an official press release. Even funnier is that today's fire drill resulted in no selloff. Apparently people are listening, and very few are reacting in a knee jerk way as the shorts might have hoped for. Again, I believe this comes from our "free riders" who literally don't care what happens for now. They are in and waiting for all the news to come out FORMALLY. They've already taken their initial investment off the table. Now it's gravy. So at .0004, why bother selling until everything from the company is known.

Today's drill: Very encouraging in the support shown for CMKX.
Forecast: Major storms ahead from the shorts.
Bottom line: We wait for all the information from the company.

To all the rumors and theories (including mine) and hints and winks and whatever, I say IT IS ALL SPECULATION. I believe the clues we need are plenty from the company's Press Releases in the past year. Study those hard. If you like what you see developing, then like me, you're in for the ride. If what you see on a daily basis is causing ulcers, you probably aren't going to make it through this ride (which is fine, hopefully anybody overinvested here DOES take money off the table).

And one last thing. I believe the trading at this point is IRRELEVANT. I believe the shorts could never cover what they need at this stage even if there was a 10 billion share dump tomorrow. So to those that need to sell, feel comfortable selling. Whatever amount is sold until the real meaty news hits IMO won't make one iota of difference to our eventual outcome. The outcome is already fated IMO. We just sit back with our popcorn and watch.