SEC MAR16/05 CMKX extended?

[GEORGE BUSH]

S. SECURITIES AND EXCHANGE COMMISSION

Securities Exchange Act of 1934
Release No. 51383 / March 16, 2005

Administrative Proceeding
File No. 3-11858

In the Matter of CMKM Diamonds, Inc.

ADMINISTRATIVE PROCEEDING INSTITUTED AGAINST CMKM DIAMONDS,
INC. FOR FAILING TO MAKE REQUIRED PERIODIC FILINGS

The Commission today instituted a public administrative proceeding pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”) against CMKM Diamonds, Inc. (“CMKM Diamonds”) to determine whether the registration of its securities should be revoked or suspended for failing to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder, which require the filing of periodic reports with the Commission. The Division of Enforcement alleges in the Order Instituting Administrative Proceeding that CMKM Diamonds had common stock registered pursuant to Section 12(g) of the Exchange Act. The Division of Enforcement further alleges that CMKM Diamonds has failed to file periodic reports since 2002.

A hearing will be scheduled before an administrative law judge to determine whether the allegations of the Division of Enforcement contained in the Order Instituting Administrative Proceeding are true, to provide CMKM Diamonds an opportunity to dispute the allegations, and to determine whether it is necessary and appropriate for the protection of investors to suspend or revoke the registration of CMKM Diamonds’ securities.

Pursuant to the Commission's Rules of Practice, an initial decision shall be issued by the administrative law judge within 120 days from service of the Order Instituting Administrative
Proceeding upon CMKM Diamonds.

Ref: www.sec.gov/litigation/admin/34-51383.pdf

[Franko10 ™]

Yikes

[GEORGE BUSH]

Franko10 said:

Yikes

yup screwed 120days

[Franko10 ™]

[GEORGE BUSH]

ITS ALL PART OF THE SCAM... PLAN...

[Franko10 ™]

GEORGE said:

ITS ALL PART OF THE SCAM... PLAN...

Hey,..

Yes I agree that this sucks,.. no one is going to deny that,.. and no one is going to claim that this is all apart of the plan,.. because if it were it is a stupid plan,.. but what I will tell you is by no means does this mean it is a scam,.. all it is saying is that the SEC wants to play hard ball,..

We probably are not ready for this but if anyone can get this done IBM will be the one to do it,..

With him on board and the plan I have in my head,.. I don't plan on calling this a scam until the fat lady sings,.. and last time I checked she was beating the crap out of some guy who keeps this halt going,..

[Designer]

now did I tell you - yes I told you!

sec going to the courts

[Franko10 ™]

hexges said:

now did I tell you - yes I told you!

sec going to the courts

Yeah but what I am being told is we will trade anyways,.. no halt,.. hmmm

[Franko10 ™]

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
March 16, 2005

ADMINISTRATIVE PROCEEDING
File No. 3-11858
_________________________________
:
In the Matter of :
:
CMKM Diamonds, Inc., : ORDER INSTITUTING
: ADMINISTRATIVE
: PROCEEDING AND NOTICE
: OF HEARING PURSUANT TO
: SECTION 12(j) OF THE
: SECURITIES EXCHANGE ACT
: OF 1934
:
Respondent. :
_________________________________ :

I.

The Securities and Exchange Commission “Commission”) deems it appropriate and in the public interest that a public administrative proceeding be, and hereby is, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”) against CMKM Diamonds, Inc. (“CMKM Diamonds” or “Respondent”).

II.

After an investigation, the Division of Enforcement alleges that:

A. RESPONDENT

1. CMKM Diamonds, Inc. (File No. 0-26919) is a Nevada corporation based in Las Vegas, Nevada. CMKM Diamonds’ common stock is registered under Section 12(g) of the Exchange Act. CMKM Diamonds is required to file reports pursuant to Section 13(a) of the Exchange Act.

B. CMKM DIAMONDS IS DELINQUENT IN ITS PERIODIC FILINGS

2. Section 13(a) of the Exchange Act and the rules promulgated thereunder require issuers of securities registered pursuant to Section 12 of the Exchange Act to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports

(Forms 10-K or 10-KSB), and Rule 13a-13 requires issuers to file quarterly reports (Forms 10-Q
or 10-QSB).

3. CMKM Diamonds has not filed an Annual Report on either Form 10-K or Form 10-KSB since May 9, 2002, or quarterly reports on either Form 10-Q or Form 10-QSB since November 18, 2002.

4. On July 23, 2003, CMKM Diamonds filed a Form 15 (“Original Form 15”), signed by CMKM Diamonds’ president, indicating that it had approximately 300 holders of record and that it was terminating its registration, and hence its reporting obligations, pursuant to Rule 12g-4(a)(1)(i) under the Exchange Act. Rule 12g-4(a)(1)(i) provides that an issuer with less than 300 holders of record may terminate the registration of its securities.

5. On February 17, 2005, CMKM Diamonds filed an Amended Form 15, also signed by CMKM Diamonds’ president. In the Amended Form 15, CMKM Diamonds stated that it had 698 holders of record when it filed the Original Form 15, that the Original Form 15 was revoked, that Rule 12g-4(a)(1)(i) was inapplicable, and that CMKM Diamonds had reporting obligations under Section 12(g) of the Exchange Act.

6. As a result of the foregoing, CMKM Diamonds has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder.

III.

In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that a public administrative proceeding be instituted pursuant to Section 12(j) of the Exchange Act to determine:

A. Whether the allegations in Section II are true and, in connection therewith, to afford the Respondent an opportunity to establish any defenses to such allegations; and B. Whether the registration of each class of CMKM Diamonds’ securities, pursuant to Section 12 of the Exchange Act, should be suspended for a period not exceeding twelve months, or revoked.

IV.

IT IS ORDERED that a public hearing for the purpose of taking evidence on the questions set forth in Section III hereof shall be convened at a time and place to be fixed, as provided by Rule 200 of the Commission’s Rules of Practice [17 C.F.R. § 201.200], and before an Administrative Law Judge to be designated by further order as provided by Rule 110 of the Commission’s Rules of Practice [17 C.F.R. § 201.110].

IT IS FURTHER ORDERED that the Respondent shall file an Answer to the allegations contained in this Order Instituting Proceedings within twenty (20) days after service of this Order, as provided by Rule 220 of the Commission’s Rules of Practice [17 C.F.R. § 201.220].

If the Respondent fails to file the directed Answer, or fails to appear at a hearing after being duly notified, the Respondent may be deemed in default and the proceedings may be determined against the Respondent upon consideration of this Order, the allegations of which may be deemed to be true as provided by Rules 155(a), 220(f), 221(f), and 310 of the Commission’s Rules of Practice [17 C.F.R. §§ 201.155(a), 201.220(f), 201.221(f) and 201.310].

This Order shall be served forthwith upon the Respondent pursuant to Rule 141(a) of the Commission’s Rules of Practice [17 C.F.R. § 201.141(a)].
IT IS FURTHER ORDERED that the Administrative Law Judge shall issue an initial decision no later than 120 days from the date of service of this Order, pursuant to Rule 360(a)(2) of the Commission’s Rules of Practice [17 C.F.R. § 201.360(a)(2)].

In the absence of an appropriate waiver, no officer or employee of the Commission engaged in the performance of investigative or prosecuting functions in this or any factually related proceeding will be permitted to participate or advise in the decision of this matter, except as witness or counsel in proceedings held pursuant to notice. Since this proceeding is not “rule making” within the meaning of Section 551 of the Administrative Procedure Act, it is not deemed subject to the provisions of Section 553 delaying the effective date of any final Commission action.

By the Commission.

Jonathan G. Katz
Secretary

www.sec.gov/litigation/admin/34-51383-o.pdf

[GEORGE BUSH]

cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&thread=1111014774

Tbird Just spoke with Andy - SEC and trading tomorrow

Tbird
DIAMOND MINER

member is offline

You control your destiny with your thoughts ... either positive or negative. I choose positive!!

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Posts: 67
Just spoke with Andy - SEC and trading tomorrow
« Thread started on: Today at 3:27pm » <br>
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I asked Andy "with R. Glenn on board since June then now the new law firm on board and both supposedly versed regarding the SEC, shouldn't this action have been anticipated as we haven't filed?" His answer... (not verbatim) He has been advised by the legal department not to discuss/comment on this. The company will be addressing this newest SEC action with a PR in the near future.

Just spoke to him again to ask him if CMKX would be trading tomorrow. His answer ... (again not verbatim) He doesn't know and that I would have to get up and see in the morning. He's been advised not to comment. We just have to wait for the PR. I asked if the PR would be out by this evening. He didn't know. Just have to wait and see.

« Last Edit: Today at 3:50pm by Tbird » <br>
1millionaire.proboards31.com/index.cgi?board=general&action=display&thread=1111012040

cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&thread=1111014774

[GEORGE BUSH]

From Mar. 16/05 before the latest SEC "ATTACK":

My Latest Talk With Andy..... (Read 563 times)granny2shoes
DIAMOND CAPTAIN

member is offline

Gender:
Posts: 3276
My Latest Talk With Andy.....
« Thread started on: Today at 12:27pm » <br>
--------------------------------------------------------------------------------
OUR LEGAL TEAM SEES NO INDICATION THAT WE WILL NOT trade tomorrow, and watch for urbans form 3 to be filed soon, and also anyone else who might have more than 10% holdings that are not a officer or director. this is the latest from my talking to andy. just thought i would share, so looks like we will be back tomorrow.

granny
1millionaire.proboards31.com/index.cgi?board=general&action=display&thread=1111001274

[Designer]

so we trade tomorrow? call trader and find out

[Franko10 ™]

hexges said:

so we trade tomorrow? call trader and find out

LMAO,.. like a trader is going to know.

[Designer]

you got the joke then

[Designer]

interesting usca with some ? on the end

[Franko10 ™]

hexges said:

interesting usca with some ? on the end

Yeah I saw that,.. could be the thing I was telling you about last night,.. remember handing over the keys?

Could be that,.. maybe jump ship?

Anything is possible at this point I guess,.. USCA has contiuned files quite nicely