CMKM Diamonds Inc. (fka CMKX)

[jimmym4]

Yes we Do have a FTD problem!>>>As for the failure to deliver issue, we do have proof of fails to deliver stock in this security that exist at this time.

I am sure the naysayers will say Frizzy is just lying!!??

18. Should Mr. Frizzell be sued for statements during Phase I and Phase II regarding NSS that attracted more investors hoping to capitalize on the reported broker's alleged illegal activities? Or is there in fact proof of the NSS that we shareholders can still hold in our poker hands?

http://www.cmkmdiamondsinc.com/faq_index.html

A) Should Mr. Frizzell be sued you ask? The man that has gone to bat for this Company lock, stock and barrel? Do you realize that without Bill Frizzell and a few shareholders that stepped up to the plate as early as March, 2007 that this Company would have gone into bankruptcy as per the legal advice of then Corporate attorney JT Moran lll? When Urban Casavant asked me to take over this Company on March 28, 2007 I turned to Mr. Frizzell and told him that I would not do it unless he would commit to help me. Had Bill not committed, The Company would have been left in the hands of Mr. Casavant and his legal advisors.

Mr. Frizzell has gone way beyond the call of duty to try and keep the hope of this Company alive. He has not only pledged basically everything he owns to personally guarantee loans but he is in his office working from early in the morning until late in the evenings…. During the work week and on the weekends too! There are many armchair quarterbacks sitting behind their computers trying to find every fault they can with how they believe things should be done. However, there has only been a handful of shareholders come forward with genuine offers to help…. some with both time and money and they are deeply appreciated.

I am sometimes puzzled when I read questions from shareholders like this. You may remember that Bill intervened in the SEC hearing for John Martin as a representative shareholder. You should remember the fax in campaign when the shareholders faxed in broker statements to Bill’s office. Bill devoted his entire staff and even hired some temporary help for several months in an effort to develop our first real evidence of the potential deliver failures in this stock. Bill then goes to bat as best he can for us at the SEC hearing. Shareholders have never in the history of the SEC been represented at a 12J proceeding until Bill convinced Judge Murray to let the shareholders have a seat at counsel table. Bill then goes to the SEC offices the day after the hearing with Bob Maheu, Don Stoecklein and Mike Williams and attempts to hand deliver a copy on a CD of every broker statement that had been faxed to his office. He was also carrying the NOBO list. His office had received broker statements from 5,020 shareholders representing 320 billion shares. I remember how tedious a task it was for his staff trying to verify the faxed in broker statements against the NOBO list so the numbers would be accurate. The NOBO list showed there were approximately 60,000 “accounts” in the brokerage houses that reported to the DTCC. The trillion number figure given was a simple math extrapolation but it was based on hard facts. Those same faxed in statements have recently been delivered to my office. Three years have now passed since those numbers were talked about. A suggestion that Bill should be sued because he reported exactly what came in to his office is outrageous in my mind.

As for the failure to deliver issue, we do have proof of fails to deliver stock in this security that exist at this time. We do not know the totals that exist in the brokerage houses. It may take a long time and more litigation to find out who all of our shareholders are. You should understand that most of our efforts are devoted to rebuilding the company. When this company can stand on its own, then the issue of delivery failures will be attended to.