Replies to post #246795 on CMKM Diamonds Inc (fka CMKX)

[rics1997]

But that isn't what most of these pinkies are doing. They are taking easy street and paying themselves huge salaries while not even producing a real product yet. Taking shareholders money then blaming someone else after they blew all the cash and it's over.

[pantherj]

Aren't these scumbag CEOs responsible for protecting themselves!!?? The information about Toxic financing and the long sordid history of convertibles is widely known by everyone. You know it, i know it, nearly 100% of the posters on IHUB know it. So how can a CEO not know it? Geesh, its not like a burglar broke into their vault and stole the money. Instead, the CEO has invited the burglar in, showed them the vault, left it open for them and then turned his/her back while they steal the money ... all of course for a fee paid to the CEO upfront.

The CEOs jump at CDs precisely because they do not care about their companies. They know the company isn't worth anything and never will be , because they have no intention of ever producing anything of value and they could not care less about share holders.

[janice shell]

maybe if laws were out there to protect people from these toxic financing scum bags

Who needs laws? The CEOs who accept toxic financing aren't forced to do so. Nobody's holding a gun to their heads.