Subject: File No. S7-19-07
From: james p desantis, sr
Affiliation: shipbroker

September 22, 2008

DEAR SIRS,

THE QUESTION THAT I HAVE NOW FOR THE SEC IS WITH ALL OF THE FINANCIAL CRISIS AND TURMOIL WELL UNDERWAY WHAT WILL HAPPEN TO THE INVESTORS IN US SECURITIES THAT HAVE LOST MONEY DUE TO FRAUDULENT NAKED SHORT SELLING AND FAILS TO DELIVER OF TRILLIONS OF FAKE SHARES OF COMPANIES THAT HAVE BEEN DRIVEN INTO DELISTING AND/OR BANKRUPTCY AS A RESULT OF THIS ONGOING FRAUD FOR THE LAST 10 YEARS. A CASE IN POINT IS THE ONE OF CMKM DIAMONDS INC. FORMERLY TRADED AS CMKX WHICH HAD A TOTAL FLOAT OF 703 MILLION SHARES HOWEVER AFTER THE 50,000 SHAREHOLDERS ORGANIZED AND COMPLETED A FIRST EVER STOCK CERTIFICATE PULL AND PROVED A FAILS TO DELIVER THAT AMOUNTED TO A NUMBER IN THE TRILLIONS OF SHARES ON THIS ONE SECURITY ALONE AND CONSEQUENTLY PROMPTED THE SEC INTO DELISTING THIS COMPANY. ALTHOUGH THE SEC HAS BEEN MADE FULLY AWARE OF THIS ONGOING SITUATION FOR THE LAST 10 YEARS THE SHAREHOLDERS HAVE SEEN NOTHING HAPPEN WITH THE SEC TO GIVE THESE SHAREHOLDERS A FAIR RETURN ON THEIR INVESTMENT. WILL WE RECIEVE ANY SETTLEMENT OR JUSTICE IN THIS MATTER OR WILL WE BE SWEPT UNDER THE CARPET LIKE SO MANY OTHER INVESTORS IN THOUSANDS OF OTHER US PUBLIC COMPANIES THAT HAVE BEEN RUINED BY SUCH FRAUDULET TRADING PROCEDURES WHILE A BLIND EYE HAS BEEN GIVEN TO THEM BY OUR GOVERNMENT TOO. IS ALL WE WILL GET FROM OUR INVESTMENTS INTO THESE COMPANIES IS A TAX LOSS WRITE OFF AND HIGHER TAX BILLS TO HELP BAIL OUT THE PIRATES ON WALL STREET WHO ORCHESTRATED THESE LOSSES IN THE US SECURITIES MARKETS. WILL THIS TURN OUT TO BE ANOTHER GARY AGUIRRE INVESTIGATION OF PEQUOT MANAGEMENT AND JACK STANLEY OR WILL WE INVESTORS IN THE US SECURITIES MARKETS BE BAILED OUT AND KEPT WHOLE JUST AS THE WALL STREET ELITE ARE ON THE BACKS OF THE AMERICAN TAXPAYERS ? YOUR THOUGHTS AND ANY ANSWERS TO THE ABOVE WOULD BE GREATLY WELCOMED IF POSTED ON THIS SIGHT.