CMKM Diamonds Inc (fka CMKX)

[TigerCat]

Hi Investorman,

You said that about 406 billion shares or 55% of the O/S is unaccounted for. I think that's incorrect:

From the 8K on March 14th:
Total shares outstanding = 703,518,875,000
Total shares held in street name (CEDE & CO) = 407,321,106,308
Therefore, shares held in cert form = 296,197,768,692

Total shares accounted for then should be the cert shares + Frizzell's STREET share count:
296,197,768,692 + 267,035,169,355 = 563,232,938,047

about 563 billion shares accounted for, or 80% of the O/S.

With 50,000 accounts still left to count (as Frizzell stated), I don't see how anyone could think this stock isn't shorted out the wazoo.

EDIT: Frizzell apparently has many more shares accounted for than shows on the Owner's Group webpage due to the fax campaign, meaning there's probably more than 563 billion accounted for now.

-TC