Here are the facts:
Jr is a liar. He promised audited fins and a form 10 over a year and a half ago. It does not take a 19 months to do either. Believing otherwise is just fantasy.
No business license. Check for yourself but REAL companies have one.
No website. Check for yourself. Real companies have one. Even the teenager with the lawn care business a few doors down has one.
Suspended by sec. That is proof enough that jr is not legit. Peeps can argue all they want but for most investors and potential investors that is quite sufficient. If you dont believe that, look at the pps and volume here and you can see that the OVERWHELMING MAJORITY of ALL investors see this as a scam or at least a POS. Show me a verifiably profitable company trading at HALF OF ONE PENNY ON THE GREY MARKET. You cant because there isn't one including this one. JR can make up numbers but that don't make em real.
JR has run a pump and dump on this before and that only takes eyes to see. A ceo who has done that will have no problem tossing around some bs to sell shares and it got this ticker suspended. Plain and simple.
Jr deregistered this stock in 2008. There is only one reason to do that and that's so you can operate without the SEC watching too close. Why? Hmmm. To sell stock? Bingo!
CEO has taken two companies public and both are about 99% down. Yes he is brilliant at crashing pps. Steve Jobs was not nearly that good.
The truth is that there has never been anything really verifiable here. All prs and tweets are vague and full of promise that never comes to fruition. Same with his other co.
Float supposed to be 750 mil but could really be anything since the only proof is a "tweet". That's absolutely absurd. I can see a major company announcing their float on twitter and ONLY twitter. Hahaha I think not.
So next we have "shorts". Brought up regularly here but I'm not sure the concept is understood. One "experienced" trader has claimed that when the pps was at .009 that if it was shorted to .0001 then the shorter would have an 89 bagger. That may be the same math that jr uses to make up - I mean calculate - his rev numbers. Anyway, the max potential on any short is 100%. No shorts here anyway and all calls to show proof of these imaginary shorts have gone unanswered. Makes for a nice change of topic simply because nothing ever actually happens with the company. Calling for shorts to cover every day has been working very well for the pps. NOT.
Tweets don't save corpses and at this point KMAGgot is not even a zombie stock.
KMAGgot sinking and not a damn thing anyone can do about it.
Have a good weekend all!
