Replies to post #172310 on CMKM Diamonds Inc (fka CMKX)

[jmrsage]

Matrix - I read that to mean that there was little or no documentation to back up any of the 2004 activity. Herring testified that all of the bank statements were reconciled, so all or most of the activity must have landed in the suspense accounts.

The "gap" in the accounting records appears to be a gaping sinkhole.

[chisox pat]

What about the nine holes they supposedly drilled or the advertising on the race cars last year?

My guess is that Urbie V probably covered those out of pocket from his winnings on the Double Down Stud machines at the Orleans.