Not sure if someone already posted this but interesting.
MONDAY , MARCH 07, 2005 12:11 AM
(financialwire.net via COMTEX) --March 7, 2005 (FinancialWire) CMKM Diamonds Inc. (OTC: CMKX) commented on the 10-day suspension in the trading of it stock and revealed that it had hired former Robert Maheu, formerly in charge of the Howard Hughes empire when the latter was alive and considered the world's richest man, to assist the company in its compliance efforts.
There is also an unconfirmed rumor that the company, which claims only 2,000 shareholders and which observers believe believe may have more than 67,000 shareholders holding "nakedly short," or counterfeit shares, could have a cash tender offer possibly engineered by Maheu before the suspension ends.
At $0.01, or $350 billion, observers believe such a tender could bankrupt the market as the 2,000 real shareholders force a buy-in.
The company said its temporary suspension will expire on March 16 at 11:59 p.m. EST and trading in CMKX is anticipated to resume on March 17, 2005,
