Kemiao Garment Hldg Group (KMGH)

[Until2020, formerly Until2017]

I infer from your post that :

If things are coming down the pipeline. it will be easier to file when those things have come to fruition - - - then it will be to file now. ....... OK. ....... Maybe.



Meanwhile the years march on, one by one by one . . . . . AIVI is an active producing Company that has revenue . ....... EVERY YEAR THAT PASSES BY W/O REPORTING - - - - MAKES CATCHING UP MUCH MORE COMPLICATED AND MUCH MORE DIFFICULT.


So perhaps that makes sense. ....... But if they are profitable now, and have enough revenue to self-capitalize ( who knows, we have no reports or filings to reference ) then they should be reporting.


Whatever the excuse is, they did become a USA Public Stock Company, and seem totally unconcerned with the rules for being one.


AT SOME POINT IT IS NOT A MATTER OF CHOICE . ....... This is a requirement .

http://www.rcfp.org/sunshine-inc/federal-regulation-publicly-traded-companies

Excerpt from link above :
.......
.......
1934 Act
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The Securities Exchange Act of 1934 (codified at 15 U.S.C. § 78a) created an enforcement mechanism for the 1933 Act in Securities and Exchange Commission. It also added more reporting requirements for securities that are being sold on a secondary market, such as a stock exchange, and it set thresholds for how large a company has to be in order to fall under the reporting requirements.
.......
The size of companies that fall under the 1934 Act has been amended over the years; currently, the Act applies to publicly traded companies that have more than 500 shareholders and $10 million in assets. It also requires companies to provide annual and quarterly reports, called 10-K’s and 10-Q’s, which are publicly available on EDGAR, the SEC’s electronic filing system. The SEC also may require some businesses to file additional reports.
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<<<<<<< END OF EXCERPT >>>>>>>

This is not about what one might like to do . . . or want to do . . . or what's convenient to do .


This is about following SEC Regulations. ....... Now I am not an SEC or Regulation expert by any means. ....... Perhaps the rules do not apply to AIVI. ....... But the rules may apply, and if they do, disgruntled parties can file a complaint.


I'd bet that given the recent plant construction, and assembly line creation, that this Company has over a hundred million in assets, and not merely $10 million.


Not complaining myself, just saying that any shareholder or interested party could file a serious SEC Complaint against AIVI for not reporting. ....... I've seen it happen in the past........ And I have seen the public stock stop trading as a result.


Until2017