MAY 21/07 CEO UPDATE

[shroomman63]

www.cmkmdiamondsinc.com/ceoupdates.php


To all CMKM shareholders:
5-21-07

As of today, CMKM Diamonds, Inc. has engaged the accounting firm of Henry & Peters, P.C. The two accountants that will be working on the Company’s behalf are Gary D. Penkilo and William H. Bundy.

Mr. Penkilo is also a certified fraud examiner (CFE) and is in charge of the firm’s team of fraud examination department. His team of fraud examiners and accountants investigate, analyze and summarize financial data and then communicate their findings in the form of reports, exhibits and collections of documents They also provide assistance in legal proceedings, including testifying in court as expert witnesses and preparing visual aids to support trial evidence.

Mr. Bundy is also accredited in business valuation (ABV) by the AICPA and is the Vice-President of Henry & Peters, P.C. He heads the firm’s business valuation and litigation departments. In addition to the above, Mr. Bundy has performed forensic work damages calculations, asset discovery and tracing, verification with court ordered actions and other matters related to litigation.

Thank you for your continued support,

Kevin West
CEO & Chairman

[shroomman63]

engaged the accounting firm of Henry & Peters, P.C.

Henry & Peters, PC.
3310 S Broadway Ave # 100
Tyler, TX 75701

tel: [phone]
fax: [phone]


www.henrypeters.com/index.php?option=com_content&task=view&id=33&Itemid=53

[smeagol8]

I think it is misleading to call these guys; "accountants", they sound more like "accountant P.I. s"

[portrush]

Thanks Shroom! Hope this leads somewhere.

pr

[shroomman63]

I think it will lead us to victory IMO, the way i figure we should have at least $563.54 left after hiring all of these professionals so we have lots of money left

portrush said:

Thanks Shroom! Hope this leads somewhere.

pr

[portrush]

[Deleted]

563.54 / 703b = 8.0162162162162162162162162162162e-10

So . We'll be getting $8/share then.

sweet.

[lizzo]

brigantine said:

563.54 / 703b = 8.0162162162162162162162162162162e-10

So . We'll be getting $8/share then.

sweet.

Brigs...please check your calculations, you forgot to carry the 1....its more like $9/share...

[hermannmaier0]

Thank you Kevin West and Team.

Turning up the heat.

Lets see who complains.

[urbanswarrior]

we will have an expert examining several suspect transactions.

[golden1101]

shroomman63 said:

I think it will lead us to victory IMO, the way i figure we should have at least $563.54 left after hiring all of these professionals so we have lots of money left

portrush said:

Thanks Shroom! Hope this leads somewhere.

pr

Nice one!!

[tonypro]

No comment at this time.

Seems we're pretty good at forking out the big bucks for big people, that will only escalate in cost as more time goes on.

I can only hope this will shorten the perceived lonnng wait in front of us that seems to be gaining instead of shrinking.

I'm ready for some news of what our efforts, and cash have produced for our benefit, not just "we're hiring more people".

OK I feel better now----NOT

Trying to continue to be patient,

Tony P.

[soonerlew]

You know what they say........"You have to spend money to make money!".........Right?

[spaz]

soonerlew said:

You know what they say........"You have to spend money to make money!".........Right?

I totally agree.

[favorofg]

lizzo said:

brigantine said:

563.54 / 703b = 8.0162162162162162162162162162162e-10

So . We'll be getting $8/share then.

sweet.

Brigs...please check your calculations, you forgot to carry the 1....its more like $9/share...

Sorry, but we need to recalculte this...
$563.54/703,000,000,000 = $.80 per billion shares
Not exactly a windfall.

FavorofG
~~Kay

[lana41092]

Look at it this way. No one has asked us for any money to pay for this high priced help, so if it doesn't yield anything, you won't be out anything. If they do find what they are looking for, it will go a long way toward making what is now a worthless stock a stock with value. Bill and Kevin are doing a great job.

Lana

tonypro said:

No comment at this time.

Seems we're pretty good at forking out the big bucks for big people, that will only escalate in cost as more time goes on.

I can only hope this will shorten the perceived lonnng wait in front of us that seems to be gaining instead of shrinking.

I'm ready for some news of what our efforts, and cash have produced for our benefit, not just "we're hiring more people".

OK I feel better now----NOT

Trying to continue to be patient,

Tony P.

[only2percent]

This could give a great headache to our DDers, "Who is paying for this music?"

Hope, it's not an insider information ...


o2p


Simple question, isn't it?

Kevin specifically warned us about non-disclosure of the sources and the amounts paid for the services rendered. (So much for the "face value" )

I know, I know ... Pays the one who lost, so, it's not us.



The transactions had already took place behind closed doors. Now they are just being "pulled through the tape" to make them official.

[tonypro]

lana41092 said:

Look at it this way. No one has asked us for any money to pay for this high priced help, so if it doesn't yield anything, you won't be out anything. If they do find what they are looking for, it will go a long way toward making what is now a worthless stock a stock with value. Bill and Kevin are doing a great job.

Lana

tonypro said:

No comment at this time.

Seems we're pretty good at forking out the big bucks for big people, that will only escalate in cost as more time goes on.

I can only hope this will shorten the perceived lonnng wait in front of us that seems to be gaining instead of shrinking.

I'm ready for some news of what our efforts, and cash have produced for our benefit, not just "we're hiring more people".

OK I feel better now----NOT

Trying to continue to be patient,

Tony P.

lana,

I do understand this, as far as it not coming from our (company) funds, I might disagree with that. I don't think an outside entity is going to just take it upon their self to help out a little ol revoked company with no assets.

This in itself helps me to stay positive, for the fact that with some of the group involved on our behalf, would not be here if they did not see a ROI for their efforts. Someone knows something or they simply would not be here. They just aren't letting us know, what they know.

As for the spend money to make money, I also believe this to be a true statement, but you still have to have the funds up front to accomplish it, or at least the means to prove you have access to it. Which again is a positive for us.

Just for the record, I am PRO KW, and BF, as it is my belief we would not be at whatever stage we are at, without their help, as well as many others that have been involved, to include many I'm sure we don't even know about.

This is just to clear the record. It seems my previous post here was not conveyed very well on my end, and left room for mis interpretation.

Have a great day all.

Keep the Faith,

Tony P.

[Deleted]

Kay, I was being facetious... the E-10 at the end of my results, makes the figure accurate. It's just that by ignoring the E-10, it looks like $8. Works for me...

563.54 / 703b = 8.0162162162162162162162162162162e-10 -> 8.01

[bugaboo]

So ...Kevin, are we the "new" CMKM or not! Why does any/all communication from the "company" have to be so inconsistent, i.e., the sign off! I hope the almighty dollar ...in the wrong pocket ...is not still driving this stock. A frustrated bug!