CMKM Diamonds, Inc. and CEO Urban Casavant. The much loved CEO brings shareholders excitement and fun at NHRA Races even while facing the tribulations of running a public company.
CMKX Urban Warfare
Urban Warfare is warfare conducted in populated urban areas such as towns and cities. The U.S. military term is MOUT, or (Military Operations on Urban Terrain). The Canadian and British military term is FIBUA (Fighting in Built-Up Areas). In the case of CMKX it means UOOTS, (Urban Operations Other Than Saskatchewan).
Warfare inside a city is very different from a traditional open-field battle against a conventional army. A complicating factor of urban warfare is the presence of civilians, sometimes as combatants of various sorts, ranging from armed militias to people defending their homes against all comers, usually with many innocent non-combatants trying to stay out of the way of the battling forces. The military operations are also complicated by limited fields of view and fire, because of buildings, large amounts of cover and concealment for defenders, and the ease of placement of booby traps and snipers.
If that doesn't sound like the definition of CMKM Diamonds and CMKX Shareholders then nothing else does. The privilege of being a CMKX shareholder has turned into a seemingly innocuous battle. This battle has stirred up considerable emotion and rallied groups of unlikely comrades as to create communities of unarmed militia within the Internet.
In recent weeks much has happened to CMKM Diamonds. Everything from returning to reporting status and having their stock halted to Administrative Proceedings. All the result of the SEC's concern over the adequacy of publicly available information on CMKX's assets and liabilities, mining and other business activities, share structure and stock issuance, and corporate management. This and some issues associated with the improper use of a Form S-8 that was filed in May of 2003.
Through it all, CMKX shareholders wait patiently and loyaly as these events unfold. Occasionally you see them duck and cover around their virtual urban surroundings as the SEC lobs fragmentation grenades in the name of enforcement. The times are reminiscent of 2000 years ago when years of persecution and occupation by the Romans, began taking its toll on the people of Jerusalem. Today's CMKX shareholder is looking for deliverance; deliverance from the multitude of legal mumbo-jumbo and conjectures by the Securities and Exchange Commission, all in the name of protecting the shareholders. The SEC, comparable to the Pharisees of 1st century Jerusalem, made huge pronouncements in public forums to announce their actions and declare their special form of legalism. Like the people of Jerusalem, CMKX shareholders are quite confident of their beliefs and hold to the promise of their deliverer from this dilemma. The shareholders hold strong to their investment and many have established intimate relationships with CMKM Diamonds through the CMKXtreme races and NHRA events which seem to occur near every major city in the U.S.
The question that comes to our minds at Zoomingstocks.com is who is protecting who and why has the Federal Government (The SEC) still not made any progress towards correcting the naked shorting problems that steal money from the hardworking individuals who invest in Pink Sheet and other Small Cap companies. The long-awaited enforcement date for Regulation SHO has come and gone with little if any correction to Market Maker manipulation. However, the SEC continues to showboat their enforcement upon companies like CMKM Diamonds who are trying to correct past mistakes and build value for their shareholders.
Because of their ineffectiveness many movements have sprung to bring attention to the problem of naked shorting and the SEC's ineffectiveness in correcting these issues. It is time for reform within this arm of the government to provide real benefit to Americans who have invested in our stock markets to realize their dream of owning a home or putting their children through college. It is time for shareholders to speak up and be heard and if our readers have not made their voice heard, now is the time to find a place to voice your opinion on the issue of naked shorting and the abuse of the stock borrow program.
Meanwhile, CMKXer's are looking for their deliverer. Initially it was embodied in the form of D. Roger Glenn, the prominent SEC Attorney who recently departed company with CMKM Diamonds, and now the Stocklein Law Firm and Mr. Robert Maheu. I won't bore our readers with details of these individuals since enough has been written about them already and I am certain every shareholder knows who they are. These individuals however represent the deliverer that CMKX Shareholders are looking for to protect them and correct the reporting issues facing the company today. Mr. Maheu and Stocklein masterfully short-circuited the return to reporting status but at the same time left the safety of concealment to face the enemy head on. The reason for this in our humble opinion is to take responsibility for their actions and be forthright and honest by bringing these issues out in the open. As a result, the SEC Enforcement Division has initiated a hearing to present the case and allow CMKX to present evidence to support their actions.
According to reports and rumors, the hearing is set to take place in Washington, D.C. vice Los Angeles as previously thought. Because it is a public hearing, any and all shareholders can attend and view the proceedings as they occur. Shareholders in the Washington area should consider attending. The SEC Administrative hearing on CMKX will be held on April 25, 2005 at 9:30 AM EST, 450 Fifth Street NW Washington DC, 20549 (Room 1C-50). (Unconfirmed by the company, Attorneys, or the SEC)
So, where do we go from here? We wait once again, patiently hoping and praying for the deliverance we seek, deliverance from this tiresome ordeal and a return to those things that are important to investors such as the drilling results, valuation, financial reports, and profits.
The Urban warfare continues and CMKX Shareholders need to remain strong and not become a casualty of the SEC or any external influences aimed at destroying our dreams of seeing CMKM Diamonds become the STOCK PLAY OF THE CENTURY!
Join the Zoom Generation
