"The Naked Truth" is now available!
For a limited time, The Naked Truth is available for a special price of $23.95
GET YOUR COPY TODAY!
The Naked Truth: Investing in the Stock Play of a Lifetime tells the incredible true story of CMKM Diamonds (trading symbol CMKX), a tiny diamond mining company whose saga began in a Canadian town, moved to Las Vegas, circled the globe via a shadowy web of intrigue and fraud and, ultimately, made the front page of the New York Times financials. In “Selling Shares by the Billions to Racing Fans,” (Sept. 6, 2006) the New York Times asked: “Was this stock being traded by crooks? Should the brokers have noticed? How about the regulators, who now charge that the brokers missed ‘red flags’ but may have missed a few themselves?” The article went on to note: “CMKM Diamonds never traded for as much as 2 cents a share, and most of the trades were for about a fifth of a penny. But that did not stop one trader from taking in an impressive $53 million by selling more than 259 billion shares from 2003 to 2005.” CEO Urban Casavant initially told investors he would create ‘a million millionaires,’ but, instead, shareholders were led down an uncertain path where they couldn’t separate guilty from innocent or fact from fiction, a path fueled by rumors, innuendos, and outright lies. This tale of promises and blind faith fueled by hopes of riches paints the metaphor of the proverbial American Dream. Readers will live the range of emotions, from elation to disappointment, and everything in between, that 50,000+ shareholders experienced on a roller coaster ride they called ‘The Stock Play of a Lifetime.’ Encompassing more than the company’s trials and tribulations, the book follows the shareholders’ fight against inept bureaucracy at the highest levels of America's financial governance. Once released, the entire world will know just how big this story really is. One month prior to printing this book the SEC validated what many shareholders have known for years by finally charging some of the ones responsible for stealing hundreds of millions of dollars from honest shareholders. The book has been updated with this data as well. Read their charges here: SEC Documents
About the author:
Mark Faulk, editor of The Faulking Truth (www.faulkingtruth.com), who has covered the ‘Stockgate’ stock market scandal at length, says, "The Naked Truth illuminates the numerous problems in today's stock market, and represents a microcosm of issues The Faulking Truth and other market reformers have been investigating for years. This story is of interest far beyond the confines of the financial markets, and the intrigue, combined with its twists and turns, makes the story one any reader will enjoy. |
