CMKM Diamonds Inc (fka CMKX)

[Euthydemus]

There are obvious differences of opinion regarding how the share counting numbers should be interpreted or even whether they are valid - IT DOES NOT MATTER!

Mr. Frizell has the OBO/NOBO lists for CMKX. From those he can obtain a total of all shares of CMKX held in street name. No "fudging" by the DTC, DTCC, NSCC, market makers, hedge funds or aliens from Arcturus - straight from the brokerages (all of them) to ADP (and, incidentally, admissible in any court).

If that total plus CMKX shares held in certificate form (296 Billion from the 8K of 3/4/2005 - the 326 billion from 12/2004 is wrong) exceeds the O/S of 703 billion (from the 8K of 3/4/2005), there is a short.

This requires no faxing, no high level math, no interpretation, no teams of volunteers working 24 X 7 - you take the lists in computer readable text format, import the lists into an Excel spreadsheet, do an accumulate at the bottom of the shares column and Presto!; you have the total CMKX shares in street name as of the date of the OBO/NOBO list.

Any additional effort being expended is unnecessary. And since there is a lot of effort still being expended, a reasonable assumption is that the total DID NOT exceed the O/S. And since proving a naked short in CMKX is the only acceptable goal, the effort will continue regardless of what the facts show.

http://www.sec.gov/Archives/edgar/data/1092299/000107704805000174/cmkm-8k_03705.htm