Chairman Schapiro's Opening Statement at SEC Open Meeting - Short Sale Restrictions

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$3.87 trillion dollar lawsuit. Cmkx shareholders represented by A. Hodges against defendants SEC commissioners and chairmans. Defendants: SEC chairs and commissioners, past and present: CHRISTOPHER COX, an individual; MARY L. SCHAPIRO, an individual; CYNTHIA A. GLASSMAN, an individual; PAUL S. ATKINS, an individual; ROEL C. CAMPOS, an individual; ANNETTE L. NAZARETH, an individual; TROY A. PAREDES, an individual; LUIS A. AGUILAR, an individual; ELISSE B. WALTER, an...

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By Hodges #19 Each of said representations have been made knowing them to be false, and at the specific direction of the named Defendants. These actions of withholding distribution of said moneys, without compensation and without due process of law, amount to a taking of the property of the individual Plaintiffs and of all similarly situated.

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By Hodges #18 Demand for release of said moneys has been repeatedly presented to the Securities and Exchange Commission without result. Agents and employees of the Securities and Exchange Commission and the Department of Justice have represented repeatedly that the release of moneys for distribution was imminent, and/or would occur within several weeks, and/or would occur within less than a month.

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By Hodges #17 Plaintiffs herein are informed and believe, and based thereon allege, that at all times mentioned, the Securities and Exchange Commission reserved unto itself the sole and absolute discretion to determine when moneys collected pursuant to the scheme set forth above would and could be released for distribution.

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By Hodges #16 Plaintiffs herein are further informed and believe, and based thereon allege, that said moneys, collected for the benefit of shareholders have also been placed in a trust or are otherwise now held in trust by the Depository Trust & Clearing Corporation and the United States Treasury.

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By Hodges #15 Plaintiffs herein are informed and believe, and based thereon allege, that other moneys have been collected for the benefit of the shareholders of CMKM Diamonds, Inc. from the Depository Trust & Clearing Corporation, from the United States Government, and from the sale of additional assets including consent to enter into joint venture agreements with other companies holding mineral claims in Saskatchewan, Canada.

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By Hodges #14 In exchange for a U. S. Government promise of no prosecution for such sales, the wrongdoers each promised to pay negotiated amounts to a frozen trust for disbursal at a later time.

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By Hodges #13 During the period from March, 2004 through August, 2006, on behalf of CMKM Diamonds, Inc. Robert A.. Maheu, with assistance from Royal Canadian Mounted Police Inspector William Majcher, negotiated a settlement with the illegitimate brokers, dealers, market makers, hedge funds, and other persons and entities that had engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company.

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By Hodges #12 During the period from November, 2004 through April, 2005, CMKM Diamonds, Inc. negotiated the sale of some of its Saskatchewan, Canada mineral claims to three Chinese domiciled corporations with the advice and consent, inter alia, of the Securities and Exchange Commission. Proceeds from the consummation of such sales were placed into a frozen trust for disbursal at a later time.

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Defendants: SEC chairs and commissioners, past and present:

CHRISTOPHER COX, an individual;

MARY L. SCHAPIRO, an individual;

CYNTHIA A. GLASSMAN, an individual;

PAUL S. ATKINS, an individual;

ROEL C. CAMPOS, an individual;

ANNETTE L. NAZARETH, an individual;

TROY A. PAREDES, an individual;

LUIS A. AGUILAR, an individual;

ELISSE B. WALTER, an...

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You can find the links to this lawsuit against SEC on utube here

Title: Wall street's Naked short Swindle, $3.87 trillion dollar lawsuit.

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Attorneys for Plaintiffs ( representing cmkx shareholders): Hodges and associates:

A. CLIFTON HODGES, State Bar No. 046803

HODGES AND ASSOCIATES

4 East Holly Street, Suite 202

Pasadena, California 91103

Telephone: (626) 564-9797 Facsimile: (626) 564-9111

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Defendants: CHRISTOPHER COX, an individual; MARY L. SCHAPIRO, an individual; CYNTHIA A. GLASSMAN,

an individual; PAUL S. ATKINS, an individual; ROEL C. CAMPOS, an individual; ANNETTE L. NAZARETH, an individual; TROY A. PAREDES, an individual; LUIS A. AGUILAR, an individual; ELISSE B. WALTER, an...