Ameritrades response to CMKX

[wildturkey]

FWIW:


Thank you for contacting us today regarding CMKX.

I truly apologize for any inconvenience, but based on recent events surrounding this security, Ameritrade has made a business decision to only permit closing transactions. You may continue to hold your CMKX positions. You may also request that we send the shares to you in certificate form. I am sorry, but you may not place opening transactions to buy shares or add to your current position.

As indicated on the Terms & Conditions on your application:
86. Ameritrade may, at its sole discretion, refuse any security order, and I shall not hold Ameritrade liable for any loss I may sustain due to its refusal to permit the purchase or sale of the security.

At this time, we do not have any indications of when or if the status of CMKX will change with us. I apologize for any inconvenience.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Gini Lawson
Client Services, Ameritrade
Division of Ameritrade, Inc.

[DLAWRENCE]

FWIW Hear is my response from Ameritraid

Dear DLAWRENCE:

Thank you for contacting us today regarding CMKX. Due to recent events Ameritrade has decided to no longer accept opening transactions for CMCK Diamonds Inc. (CMKX.PK) until further notice.

You can:

- Continue to hold your position in CMKX.PK at Ameritrade

- Request the shares issued in the form of a stock certificate
- - By using the Request Stock Certificate form on the new Website
- - Or, you can find this form in the Forms section, under Account.
- Liquidate your position in CMKX.PK (closing transactions are permitted)

While we appreciate that other firms may have different policies concerning trading activity for this security, Ameritrade reserves the right to process orders pursuant to our own policies and guidelines. Our policies are intended to balance the needs of the client and the Firm, and to offer risk avoidance to both parties.

For more information please contact the company or transfer agent at the numbers listed below:

CMKM Diamonds Inc. 306-752-3755 www.casavantmining.com

Transfer Agent: 1st Global Stock Transfer LLC 306-656-4919.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Ryan Asmussen
Client Services, Ameritrade
Division of Ameritrade, Inc.

[DLAWRENCE]

Just thinking:
If Ameritrad can refuse to buy CMKX for there own reasoning. Then it stands to reason they could refuse to sell when it is not in their interest. The reasoning for (Request Stock Certificate) is taking a new twist.

Anybody have any thoughts on this?
JMO

[bhuddason]

DLawrence,

In my humble opinion ameritrade is exercising their fundamental right to appease who they really work for. Robzilla