CMKM Diamonds Inc. (fka CMKX)

[Tim71]

FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
[phone]
E-Mail [e-mail]


Dear Group Members,

Thank you all for your concern over Rita. When Rita made landfall, it took a course about 60 miles to our East. We had an interesting Saturday with some strong winds and a bunch of rain that continued all day long, but relatively speaking we escaped any serious consequences. I wish our friends and relatives on the coast had fared as well. Keep them in your prayers.

There seems to be a lot of speculation about the company's response to our shareholders derivative rights letter. We have received no official response from the company and I will relay any response to you as soon as we receive it.

We are continuing our investigations some of which were outlined in the shareholders derivative letter. I look forward to having more information for you in our next update. I regret having to report that there is nothing to report. It is probably better to hear there is nothing to report than an extended period of silence.

Onward,

Bill