CMKM Diamonds Inc (fka CMKX)

[gump90]

Janice .. where does the onus sit ?
If I bring new certs to the market my broker is required to know where and how I got them. This is now the norm as far as I know because of the fight against money laundering. Are you trying to tell me that Urban and others who receive S 8 shares can just simply deposit them in a trading account without disclosing how they got them ? I DON'T THINK SO !!!! The onus falls on the broker to accept them. There could be big collusion here too. If undisclosed S 8 shares have been hitting the market by the billions as you are trying to say, that is pretty hard to believe. I thought we had checks and balances in this system. Apparently we do not. Perhaps you are suggesting the brokers are incompetent in their policing. I know my broker polices me as a matter of course the same as he 'polices' all the other clients. No my dear .. this whole system stinks from top to bottom. And the way I read your posts you think it is probably O K for dastards to hit the bid in volume to sell shares that they do not own. To me that is FRAUD with a capital F.