CMKM Diamonds Inc (fka CMKX)

[janice shell]

Simple, any stock that trades period, must report, or be history (as a public Company) in 60 days. Max of 250 mil O/S, until a PPS of .25, then a company could only increase O/S by 100% Max, until the PPS goes up another 100%, etc.

Very good idea. There should also be a limit on how many reverse splits a company could do in, say, a five year period. Some Pinkies and OTCBBs do three a year.

Were such regulations enacted, my guess is that the number of Pinkies trading would drop by at least 50%. Were they already in effect, CMKX would have gone down the tubes a couple of years ago.