CMKM Diamonds Appoints Mark Faulk as New CEO

TYLER, Texas, Sep 11, 2008 (BUSINESS WIRE)—CMKM Diamonds, Inc. CEO and Chairman of the Board Kevin West announced today that Mark Faulk has been named as the new CEO and President of CMKM Diamonds, Inc., effectively immediately. Faulk is a nationally recognized advocate for stock market reform, and has performed extensive research on CMKM Diamonds in the process of writing “The Naked Truth: Investing in the Stock Play of a Lifetime.” Kevin West will remain with the Company as Chairman of the Board, and will continue to assist in all aspects of Company business.
Mr. Faulk stated: “I am honored to have been chosen to lead the Company as we move forward to return assets and value to CMKM Diamonds. I have spent the past five years advocating reform in our financial system, and this new challenge will allow me to put that knowledge to work in a practical way that will benefit CMKM and its loyal shareholders. Kevin West and general counsel Bill Frizzell have worked tirelessly on behalf of the Company, and their efforts should be applauded by all CMKM shareholders.
“This is not a passing of the baton, it is instead simply reinforcing the troops,” Faulk continued. “With the newly appointed Advisory Committee and Board of Directors, the Company has laid a strong foundation that is capable of meeting any challenges that CMKM may face. My immediate goal is to continue to add to that base, which will allow the Company to become even more aggressive in their legal battles and widen the scope of their efforts.”
Faulk also said, “In the very near future, we plan to announce the expansion of our legal team to maximize our efforts to return real value to CMKM Diamonds. We are also in the process of filling positions for a Research Committee to aid the Company in its efforts. I intend to continue West’s plans to utilize CMKM’s greatest asset, which is its extensive and knowledgeable shareholder base. There is truly strength in numbers. While we intend to keep the door open for those who wish to negotiate settlements to atone for their actions against the Company, we will move forward aggressively in our legal efforts.”
Chairman Kevin West states, “I want to thank the newly appointed Board of Directors and the Advisory Committee for their help, recommendations, and unanimous decision to select Mark Faulk as the new leader of this Company. I believe this is a high point in this Company’s history and Mr. Faulk is the most qualified person to take over the leadership role and move CMKM to the next level. I look forward to working with our new team as we continue to grow in strength and numbers.”
Faulk also announced his resignation as CEO of Togi Entertainment, Inc., and wants to thank those who he has worked so closely with over the past two years. In order to avoid any conflicts of interest, The Faulking Truth Show on Toginet.com will no longer be aired. Co-hosts DeWayne Reeves and Mark Faulk will do one final show this Friday from 8:30-10 AM CDT on http://www.toginet.com to discuss Faulk’s hiring, and will take calls from shareholders for the last half of the show. The toll free caller number is 1-877-864-4869.
Faulk also intends to conduct a monthly CEO radio chat in order to keep shareholders informed about current developments, and to answer questions that shareholders may have about the Company’s activities. Also, a new Company phone line will be set up in the very near future, and will be posted on the company website. The Company requests that all phone calls be directed to the new company phone line so that legal counsel can maximize their time and efforts on the task at hand.
CMKM also announced that, in addition to the new CEO and Research Committee, they are currently in negotiations to add several attorneys to the legal team to assist General Counsel Bill Frizzell in his actions on behalf of the Company.
SOURCE: CMKM Diamonds, Inc.
CMKM Diamonds Inc., Tyler
Kevin West, 903-262-8397
http://www.cmkmdiamondsinc.com

Penny Stock Investing and Trading

Ron Kaye
Editor
Stocks Reporter.com

If you ask anyone in the finance world what they think about investing or trading penny stocks, the answer that you will probably get will be: “Don’t do it.  You will lose your money since 90% of penny stock companies are scams.  penny stock companies just want to sell shares and are not interested in developing their businesses.” The truth is that investing or trading penny stocks is a very risky business.  So here is the most important tip about penny stocks: Invest only money that you can afford to lose.

If penny stocks are so risky then, why do people invest in or trade them?
The answer is because you can make a lot of money in a short time if you know what you are doing.

If you are still reading and have decided that you want to trade penny stocks, you need the right tools and good advice to help you survive and even win some money.

Step # 1 – Finding the Right Penny Stock to Buy

To discover the right one stock, you will have to do some investigation, or Due Diligence.  There are a lot of websites that will help you with your DD and you can find a list of useful ones at Stocks Reporter website.

The following points will guide you in learning important information about a company in which you are interested in investing:

1. Share structure: AS (Shares Authorized) OS (Outstanding Stock) and Float.
2. Transfer agent transparency
3. SEC filing
4. Financial track record
5. Competitive position in its industry
6. Business model
7. Earnings power
8. Valuation or the potential value of the company.

For example, when looking into share structure what you want to see is that there is no dilution.  A good sign is when the company has maximized the OS and is close to AS.  Watching Level 2 will also give you good indication if there is any dilution from the company. A good strategy is to follow insiders who know the company better than anyone else.

Step # 2 – Deciding When to Buy

After finding the penny stock that you plan to buy, you have to find your entry point and how to execute it the right way.  Following the trading in that particular stock for a few days together with chart analyzing will give you a lot of valuable information. At this point it is highly recommended for anyone to learn some basic chart reading or at least let others analyze the chart for you. You can ask for help on many of the popular message boards that discuss stock trading and chart analyzing.  An important tip about how to execute the trade in a penny stock is: Be very patient and always try to buy at the BID price. 

Step # 3 – When to Sell or The Exit Strategy

The exit strategy is something very personal to different traders or investors.
It is very important to implement your strategy immediately after executing the buy order.  In most cases, a good idea would be to set a sell order of 50% of your position at around 20%-30% PPS spike. Another 10%-20% rise of PPS and then sell another 50% of your current position and let the rest ride for a while. In general, your exit strategy should be very flexible and change with news, momentum, and volume.  90% of the time, though, you should sell at the ASK so it won’t affect the run.

TIP: Remember always to take profits.

Happy Trading

Ron Kaye

CMKM Diamonds, Inc. Appoints New Board of Directors’ Members

Last update: 6:48 p.m. EDT Aug. 14, 2008

TYLER, Texas, Aug 14, 2008 (BUSINESS WIRE)—CMKM Diamonds, Inc. CEO and Chairman of the Board Kevin West announced today that shareholders Stan Polsom, Tom Stephenson, and Roger Summers have been named to the Company’s Board of Directors. With the recommendation of the newly formed advisory committee, the Company is now in negotiations with an individual to take over the leadership role as Chief Executive Officer. Kevin West will remain as the Chairman of the Board.
Mr. West stated, “We will continue to forge ahead as we are determined to show our loyal shareholders and the entire business world that this Company will not only survive through the difficult times, but in the end it will flourish.” Mr. West continued, “Regardless of what many will say, we still believe after all this time that our shareholders are our biggest strength.”
Roger Summers served eleven years as a US Navy Hospital Corpsman stationed with 1st BN Fourth Marines, and at the Naval School of Health Sciences in San Diego as clinical coordinator. He is currently president of OG Advisors LLC., providing subcontracted Corporate Due Diligence, Asset Tracking, and Investigations. Summers is also a clinical instructor in Radiography for a nationally-known medical institute.
Summers said, “Having been a shareholder of CMKM Diamonds since March 2004, I am pleased to step forward and join the fight to reclaim what is ours. This company has faced many obstacles since Mr. West has taken over, yet he and our Corporate Counsel, Bill Frizzell, have met every challenge with courage, dedication and veracity. Together we will work to return legitimacy to this company by building upon the foundation laid by their efforts. I am honored to serve the shareholders of CMKM in building a viable, profitable business.”
Tom Stephenson brings a wealth of knowledge and experience with public companies. Tom is a successful private businessman and understands what must be achieved to bring the Company credibility and longevity. His extensive 20-year background in the field of Information Technology will assist the Company in many of the diverse and complex undertakings it is in the process of resolving.
Stephenson stated, “Our role as a team is to effectively represent and promote the interests of all shareholders with a view to adding long term value to the Company’s shares. We are all committed and prepared to make any personal sacrifices to ensure that we fulfill that role. We intend to fulfill our goals by any and all means necessary and with honesty and integrity.”
Stan Polsom brings a diverse background to CMKM Diamonds. He has a degree in Business Administration along with seven years experience in contract law and accounting, specializing in internal audits and control. Polsom has over a decade of training in the petroleum industry, and has been a successful developer and contractor for the past forty-two years.
Polsom stated, “I will do my best to make sure that we as shareholders receive the justice that we deserve for all of the hard work that has been done. We are standing up for what we believe in, and we are going to fight to see that nobody is allowed to just walk over us.”
CMKM was recently awarded a $33,675,365 judgment in a Nevada District Court against former company insider John Edwards. The Company plans to announce the appointment of their new CEO in the very near future and is rapidly moving forward with efforts to recover assets stolen from the Company and its shareholders.
SOURCE: CMKM Diamonds, Inc.
CMKM Diamonds Inc., Tyler
Kevin West 903-262-8397
http://www.cmkmdiamondsinc.com