Replies to post #123719 on CMKM Diamonds Inc (fka CMKX)

[janice shell]

Neither the SEC nor the Sask authorities takes action unless it has some evidence. They don't move on unsubstantiated complaints. I certainly wish they were faster, but they're bound by the law.

In some cases it's taken the SEC three or four years after a suspension or initial investigation to bring a lawsuit.

[Jim Bishop]

Will what makes you think Sask authorities waited over a year?

Note that in addition to the unregistered securities bit, and don't confuse them using acronyms for company names with stock symbols, there is this line in the Sask cease trading news:

"The Securities Division is
concerned about the trading activities of these companies as well as news
releases they have issued about their operations."

It's basically the same concern the SEC has with USCA PLUS the unregistered bit.,


http://www.gov.sk.ca/newsrel/releases/2004/10/28-665.html