Replies to post #163052 on CMKM Diamonds Inc (fka CMKX)

[janice shell]

Don't know, Gump. But the company has the answer. The company and NO ONE ELSE.

As I've said before, I'm entertaining the idea that Urbie may actually have issued another trillion shares, and then Glenn made him "retire" it. For some reason it was then necessary to deliver only half of the GEMM and CIM divvies.

I can think of one very good reason why reducing the amout of the divvies would be "necessary". Can you?

[Mark_Leh]

Then why do they conflict, Janice ?

"""""Glenn calculated the divvy ratios"""""

Roger Glenn don't make no mistakes.

As I'm sure you're aware, dividend ratios are always calculated on shares outstanding. Short shares have no effect on dividend ratios. The dividend is simply owed by the shorter, borrowed or naked, as has been demonstrated in tens of thousands of dividends from thousands of companies--all of which had short positions, and many of which had market markers and thus short positions without locates.

So what you're suggesting is that Glenn was not mistaken when he said that there were 1.5 trillion outstanding. This is certainly interesting as it conflicts with Mr. Casavant's statement implicit in the 8-K that there were only 770 million outstanding (prior to Nevada Minerals). It also conflicts with the filing with the state of Nevada which limits the company to 800 million authorized shares.

If you're right, then this company is in a lot more trouble than we have realized...and that's saying a lot.