This is as close as I could come to the M&M recipe. I suppose you could substitute almond flavoring for the vanilla.

"M&M's" Baking Channel: Bird's Nest Cookies

1-1/3 cups (3-1/2 ounces or 100g) flaked coconut
1 cup (2 sticks or 240mL) butter
1/2 cup (120mL) granulated sugar
1 large egg
1/2 tsp. vanilla extract
2 cups (480mL) all-purpose flour
3/4 tsp. salt
1 12 ounce package (1-3/4 cups or 340g) "M&M's"

Preheat oven to 300F (150C).

Spread coconut on ungreased cookie
sheet. Toast in oven, stirring occasionally until coconut just begins to
turn a light golden color, about 25 minutes. Remove toasted
coconut from cookie sheet; set aside. Increase oven temperature
to 350F (180C). In large mixing bowl, cream butter and sugar until
light and fluffy. Beat in egg and vanilla. Combine flour and
salt; add to creamed mixture, only until combined. Stir in 1
cup (240mL)"M&M's"
Semi-Sweet Chocolate Mini Baking Bits. Form dough
into 1-1/4-inch (32mm) balls. Roll heavily in toasted coconut. Place
2-inches (50mm) apart on lightly greased cookie sheets. With thumb,
press indentation in center of each cookie. Bake 12 to 14
minutes or until coconut is golden brown. Remove cookies to
wire rack; immediately fill indentations with reserved candies,
using a scant teaspoonful in each. Cool completely.

MAKES ABOUT 3 DOZEN COOKIES.

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