CMKM Diamonds Inc (fka CMKX)

[Jim Bishop]

"Why couldn't the SEC forewarn me that it was about to suspend trading before I bought the security in the first place?

The SEC cannot announce that it's working on a suspension. We conduct this work confidentially to maintain our effectiveness and to guard against the destruction of evidence if our work becomes widely known. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. Mindful of the seriousness of suspensions, the SEC moves as quickly as possible when it considers a trading suspension."



http://www.sec.gov/answers/tradingsuspension.htm