CMKM Diamonds Inc. (fka CMKX)

[Ignutz]

The good doctor' company is being hit by the naked shorters too. And the crooks in the securities business are spreading false rumors about his company too ...

http://www.nanosignalcorp.com/investors.html

NanoSignal Corp. Disavows any Truth to Rumors Regarding a Reverse Split and Clarifies Call for Certificates

Release Date: Thursday December 16, 1:47 pm ET

LAS VEGAS--(BUSINESS WIRE)--Dec. 16, 2004--NanoSignal Corp. (Pink Sheets: NNOS - News) is compelled to once again instruct shareholders that only publicly disclosed information issued by the company is to be regarded as true and accurate.

"There is absolutely no truth to the rumors that the company is planning a reverse split of our shares," said Ernie Bartels, president of NanoSignal. "In fact, there have not even been any discussions of any nature by the officers or directors as to a reverse split," he continued.

"Notwithstanding that the company is in the final stages of negotiations for tangible assets and income-producing business ventures that will allow for positive cash flow to support the completion of SLICES(TM) compatibility, none of those acquisitions would require a reverse splitting of shares; and no discussions by any director, officer, nor person directly affiliated with the company has ever even heard that a reverse split would take place," said Sir Dr. Rupert Perrin, chairman of the board.

"The board of directors and its officers have unanimously concurred to immediately seek the advice of legal counsel as to the steps necessary to subpoena the confidential records of Raging Bull, Yahoo!, AOL, CBS Market Watch, and other message boards in order to obtain the URL addresses and identities of those parties who are posting unprotected defamatory statements about the company as fact," said Dr. Lawrence Madoff.

"The continued spreading of falsehoods and innuendo on the message boards has now escalated to the point where these 'bashers' are striking to heart of shareholder value, liquidity, and confidence by attempting to stimulate the belief that a dilution to shares would be forthcoming. That is simply not the truth," said Scott Ervin (director).

"Ernie Bartels has the company well in hand," added Perrin. "I am confident that through Ernie's and Mike Devenney's efforts and long-standing associations, our goal of growing the company and enhancing shareholder value will be attained in very short order."

Judging from the number of calls to the company, the main issue of interest to shareholders is the "Mandatory Call of Certificates" that was requested in the release of Dec. 10, 2004. Madoff clarified, "In advance of the company's annual shareholder meeting, the company would like to conduct a legal audit of its outstanding shares and quantify the differential between its shareholders of record and its shareholders not of record. By calling for a legal audit of shares, the company will better be able to identify the actual number of shareholders and share counts. This is essential to both the effort to combat 'Naked Shorting' and effort to issue the all-important voting rights by shareholders."

The company therefore requests the shareholders to instruct their stockbrokers to cause their shares to be taken off DTC, DTCC and/or the NSCC and out of "street name." Madoff further clarified, "The goal is to have as many shares as possible be duly registered with Holladay Stock Transfer Co. in the name of the shareholders with the physical certificate to be delivered to the shareholders. Moreover, we are examining the efficacy of initiating the re-issuance of physical certificates with inherent anti-forgery protections presently employed by others."

Upon receipt of their certificate(s), shareholders should make a copy (front and back) of their certificates and mail or forward them to the company for verification. See contact information at the end of this press release for address and fax.

NOTE: This press release contains statements that may constitute forward-looking statements pursuant to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and assumptions, and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expressed in any such forward-looking statements. The forward-looking statements herein speak only as of the date of this press release. NanoSignal does not undertake to update any forward-looking statement that may be made from time to time by it or on behalf of NanoSignal. This report has been compiled from information provided by NanoSignal Corp. ("NanoSignal" or the "company"). This report is published solely for information purposes, and is not to be construed as an offer to sell nor the solicitation of an offer to buy any security in any state or other jurisdiction. Investment in the securities of the company should only be considered by persons who are aware of, suited to and able to bear the risks involved.

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Contact:

NanoSignal Corp.
5440 W. Sahara Ave, Suite 206
Las Vegas, NV 89146
702-876-3655
Fax: [phone]
or
Princeton Research Inc.
Mike King, 702-650-3000
Fax: [phone]