CMKM Diamonds Inc. (fka CMKX)

[zeninvestor32]

INTERESTING GUMP?

Do you too find it interesting that there was no deposition of cmkx's auditor, securities attorneys or Maheu? What was the SEC afraid of having on the record?

I do think it sets up a pretty obvious map of the SEC's arguments -- they will go in bull-headed that ALL ELSE is irrelevant except for the one question of whether or not cmkx filed their required reports on time. Of course, this completely ignores the precedent set in the eSmart case. Not to mention, the judge just can not ignore any statements by cmkx that explain the delay if it is not their fault.

But now that the SEC has not deposed cmkx's auditor, I guess they can only wait until the hearing to see what's said. Not a smart strategy. Not at all.