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Replies to post #56823 on CMKM Diamonds Inc. (fka CMKX)

Replies to #56823 on CMKM Diamonds Inc. (fka CMKX)

drugtester

07/19/04 9:59 PM

#56835 RE: sublime #56823

Sub...I would conclude we have 40 billion o/s or less because 1. read this part from the pr...

In addition to the zinc deposit royalty CMKM Diamonds, Inc. will also receive 40 billion shares of CIM stock which CMKM Diamonds, Inc. will distribute pro rata as a dividend to all CMKM shareholders of record on August 31, 2004.


2. 40 billion to all shareholders...well if there are more than 40 billion shares then you would be splitting up those CIM shares in fractions...which you can't do.

So 40 billion or less is where we are! Sweet news.


KidWallStreet

07/19/04 10:03 PM

#56843 RE: sublime #56823

sublime As of now all that this means is that there is 40 billion or less in the O/S because you can not split ownership of an individual share. Great news!