Replies to post #193568 on CMKM Diamonds Inc (fka CMKX)

[Investorman]

I think the disconnection with reality came from a company with no revenues and no earnings issuing 703 Billion shares. Even the US government couldn't come up with 4 trillion dollars to give to CMKX shareholders without collapsing the economy and rendering the dollar valueless.

It would be interesting to know the total of how much US currency is in circulation. I'll have to dig a bit.

[Investorman]

From 1994 to 2004, the value of currency in circulation increased 88.4 percent to $719.9 billion.

So CMKX'ers think they have a "settlement" in hand that is 5 times the total US currency in circulation.

[Investorman]

It is the mythical settlement rumors that were made up out of whole cloth that are fueling the dreams. These guys talk about settlements that would collapse the economy of the world and no one knows about it but them.

By: ivory551100
16 Nov 2005, 03:03 PM EST
Msg. 1231154 of 1231155
(This msg. is a reply to 1231104 by u4puoson.)
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U4puoson - One broken firm admitted nss and settled, the rest will be automatic...IMO - Mahue's goal was to made the DTCC admit their NSS problem and setlle and that was the Golden key to success which DTCC did admit and settle, thus Maheu has done an astonishing work. Frizzell's goal is to make brokerage firms to admit their nss problem and settle which he did...
...Deals Done...Game Over...You will be on your way and I will be on Mine....:::)))
GL