UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549~~

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

Form 8-K

CURRENT REPORT ~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~

~~Date~~Pursuant ofto ~~Report~~Section 13 or 15(~~Date~~d) of ~~earliest~~the ~~event~~Securities ~~reported)~~Exchange ~~July~~Act ~~11, 2005~~of 1934

Date of Report (Date of earliest event reported) July 22, 2005

CMKM DIAMONDS, INC.

(Exact name of registrant as specified in its charter)

Nevada	000-26919	90-0070390
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

4760 South Pecos Road, Suite 211

Las Vegas, Nevada

89121

(Address of Principal Executive Offices)

(Zip Code)

Registrant's telephone number, including area code: (~~877~~702) ~~752~~966-~~3755~~6328

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[o ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[o ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[o ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[o ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 4.01 Changes in Registrant's Certifying Accountant

~~The~~(a) On ~~Registrant~~July ~~has appointed Beckstead and Watts~~22, ~~LLP, as the Registrant's independent accountants for the year ending December 31,~~ 2005, ~~years~~ ~~ended December 31, 2004 and 2003, and for~~ the ~~three-month period ended December 31, 2002. This is a change in accountants recommended by the~~ Registrant's ~~Executive~~terminated ~~Management and approved by~~ the ~~Registrant's~~engagement ~~Board~~ of ~~Directors.~~ Beckstead and Watts, LLP ~~was engaged by the Registrant on July 11~~, ~~2005.~~ ~~During~~as the ~~most recent two fiscal years and during the portion of 2005 preceding the Board's decision, neither the~~ Registrant nor anyone engaged on its behalf has consulted with Beckstead and Watts, LLP regarding: (i) either the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Registrant's ~~financial~~independent statements; or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K)accountants.

~~Bagell,~~Beckstead ~~Josephs~~and ~~& Company~~Watts, ~~L.L.C.~~LLP did not perform an audit of the Registrant's financial statements nor perform any significant audit related functions from the time they were engaged (~~January~~July 1011, 2005) through the date of the termination of their engagement (~~May~~July 1022, 2005). Therefore, there were no disagreements between the Registrant and Bagell, Josephs & Company, L.L.C. on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

~~The~~This is a change in accountants ~~does~~recommended ~~not~~by ~~result from any dissatisfaction with~~ the ~~quality~~Registrant's ofExecutive ~~professional~~Management ~~services~~and ~~rendered~~approved by ~~Bagell, Josephs & Company, L.L.C., as~~ the ~~independent~~Registrant's ~~accountants~~Board of ~~Registrant~~Directors.

AThere ~~copy~~were ofno ~~this~~disagreements ~~Current~~between ~~Report~~the ~~has~~Registrant ~~been~~and ~~provided~~Beckstead toand ~~Bagell~~Watts, ~~Josephs~~ &LLP ~~Company~~on any matter of accounting principles or practices, ~~L.L.C.~~or ~~for~~financial ~~their~~statement ~~approval~~disclosure, ~~and~~or audit scope or procedure. However, the Registrant ~~has~~received ~~requested~~ a draft letter from ~~them~~Beckstead ~~regarding~~and ~~the~~Watts, ~~contents~~LLP ofoutlining ~~this~~items ~~Current~~having ~~Report.~~to ~~However,~~do aswith ~~of the~~Beckstead ~~date~~and ofWatts, ~~this~~LLP's ~~report,~~ongoing ~~the~~audit procedures. The Registrant ~~has~~attempted ~~not~~to ~~received~~meet awith ~~letter~~Beckstead ~~from~~and ~~Bagell~~Watts, ~~Josephs~~ &LLP ~~Company,~~to ~~L.L.C.~~discuss ~~When~~its ongoing audit needs and the items mentioned in the draft letter, but Beckstead and ifWatts, LLP refused to meet with the Registrant. ~~receives~~The Registrant's securities counsel issued a letter ~~from Bagell,~~to ~~Josephs~~Beckstead &and ~~Company~~Watts, ~~L.L.C.~~LLP ~~this~~addressing ~~Current~~all ~~Report~~items ~~will~~raised beby ~~amended~~Beckstead toand ~~include the~~Watts, LLP's draft letter, a copy of which is attached hereto as anExhibit ~~exhibit~~99.

~~SIGNATURES~~The Registrant is seeking a new independent accountant.

~~Pursuant~~A copy of this Current Report has been provided to Beckstead and Watts, LLP for their approval and the ~~requirements~~Registrant ofhas requested a letter from them regarding the ~~Securities~~contents ~~Exchange~~of ~~Act~~this Current Report. However, as of ~~1934~~the date of this report, the Registrant has ~~duly~~not ~~caused~~received ~~this~~a ~~report~~letter tofrom beBeckstead ~~signed~~and onWatts, ~~its~~LLP ~~behalf~~When, byand if, the ~~undersigned~~ ~~hereunto~~Registrant ~~duly~~receives ~~authorized~~a letter from Beckstead and Watts, LLP this Current Report will be amended to include the letter as an exhibit.

~~CMKM~~Item ~~DIAMONDS, INC~~9.01 Exhibits

~~By:/s/~~(c) ~~Urban Casavant Urban Casavant, President and Chief Executive Officer~~Exhibit.

Date: July 15, 2005

Exhibit Number

Exhibit Title of Description

Letter from Stoecklein Law Group to Beckstead and Watts, LLP dated July 28, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CMKM DIAMONDS, INC.

By:/s/ Urban Casavant

Urban Casavant,

President and Chief Executive Officer

Date: July 28, 2005

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