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Re: None

Friday, 06/20/2014 12:30:57 PM

Friday, June 20, 2014 12:30:57 PM

Post# of 5987
Another KMAG post removed for no valid reason:

Good to see this post made it to the stickies, since anyone reading it will surely link back to see what you're replying to. Excellent!

In regards to this post however, you said:

There are no Shorts. That can quickly be eliminated from the food table.

Seriously? Purely an unfounded and biased opinion, and one that even the CEO, who has FULL access to the NOBO list, strongly disagrees with, no matter how it may get twisted.

The float number might be a little high.

Perhaps. According KMAG's last filing, the o/s was 731.6M with an a/s of 750M.

http://www.otcmarkets.com/financialReportViewer?symbol=KMAG&id=96805

Since the a/s has not changed, it's likely the o/s hasn't changed much, if any, either. At the time of that filing, the CEO acknowledged his insider position was 219M shares. Hence, the technical float is approx. 512M. So, you're right. My float guestimate was high by 3M, unless the CEO has bought yet more, since. Either way...


Will there be enough new herd members to generate the volume required to sell into at higher prices? Dependent on 3rd party promo sites.


This totally, and quite possibly erroneously, assumes 3rd party promo sites will even be needed, not even considering that any mergers/acquisitions may add such compounded value in themselves alone, that paid promo won't even be needed, and the herds will come in masses according to newly added asset value.


The new herd needs someone to buy from - in volume. With everyone dreaming about holding out to 0.20? Maybe Reid will come to the rescue selling some of his shares, and avoid sopping up all demand? Also, they have to believe the stock is worth more than that, else why buy?


Extremely convoluted speculation, to the point it makes no sense whatsoever.


An alternative scenario is no new herd is generated. The Form 10 reveals something other than what has been dreamed about the past 20 months. Nothing to justify a 012 current price much less a 0.20. Limited volume, with a food fight trying to sell into it.

Somewhat more reasonable speculation. However, still somewhat short sighted, since the CEO owns at least 28% of the company, and the remaining 512M shares hold unprecedentedly tight. So tight, it'd be ludicrous to think that all 512M shares are unanimously wrong in their estimation that "no new herd" will want their shares at a handsome mark-up.

Now if Reid would ever get his act together, and actually file the Form 10...

This speculation/opinion totally assumes the delay is caused by Reid.

History and records show how slow and/or corrupt governing bodies can be. Even leaving the such aside, assuming KMAG is filing a F10 solely according to it's Sept. 2012 status would be a considerable misnomer. RFID has made leaps and bounds in just the last 21 months, and it's no stretch that KMAG has also, in ways that have perhaps not even been discussed or considered yet.

One only needs to consider the growth rate of KMAG's first 're-emergence' in late 2011/early 2012 and extrapolate what that growth rate would be today.

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