Received a call last night informing me that CMKM diamonds (Casavant Mining) was so screwed up from their stock being n-shorted that [it appears] they just pulled up stakes and are re-issuing certificates towards another company (Entourage Mining?) to valid shareholders that can produce hard certificates. In the FAQ section of the site they put up :

Credible information indicates the number of naked short shares is potentially as high as 2 trillion shares. However, these numbers must be legally confirmed and validated before any action can be taken. That said, the time has arrived for all CMKX shareholders to flex our considerable collective power in this united campaign to achieve justice for friends, families and ourselves. It is our belief that CMKX shareholders have been handed, on a silver platter, the opportunity to become the most formidable force the naked short sale perpetrators have ever faced.

http://www.cmkmtaskforce.com/

Some more links I’ve dug up:

The middle link states:

Mark Faulk, Editor of The Faulking Truth, has been signed by The Owners Group, Inc. to author a book about the saga of CMKM Diamonds (better known by its trading symbol, CMKX), a small once publicly-traded Canadian diamond company that has found itself at the epicenter of the naked short selling scandal known as Stockgate.

I’ll keep the updates coming as they show. What a great story to be following.