CMKM Diamonds Inc. (fka CMKX)

[ChuckD-MSB]

I am surprised they only came out with a $2.50 bid, should have gone for $10 LMAO


Supatcha Resources Inc Announces Second Unsolicited Bid
7:00am EST

Supatcha Resources Inc announced that it has received a second unsolicited bid for 100% of the issued and outstanding shares of the Company at a price of USD$2.50. The unsolicited bid was made by JSC Rustamov Group (JRG) of Moscow, Russia. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Company's Board of Directors will evaluate the unsolicited bid and will prepare and send a directors' circular to shareholders regarding the JRG offer in accordance with applicable securities rules on or before December 15, 2010. Shareholders are advised to take no action until the Board provides a formal response to the unsolicited bid. JRG is an investment firm backed by the several prominent and wealthy Russian families, based in Moscow, Russia. .

http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=SAEI.OB×tamp=20101213120000