Wednesday, February 22, 2012 10:26:13 PM
KMA Global Solutions International Inc. Today KMAG closed up 57% on record volume of 146M above the 50MA.. At first glance this was a technical play for me but I decided to dig a little further into this one because I like the SS. Here is some DD for you guys to help speed up the process for you. I think we may be seeing an updated on the News from January soon and I like the patent's that the company owns.
It does appear that the company took out convertible debt in the filings around April of last year, which appears to be the reason for driving the PPS down.
Share Structure: (Not confirmed with TA was put on hold forever. Emailed Company just a few mins ago.
Shares Outstanding 609,420,100 a/o Jul 31, 2011
Float 543,051,805 a/o Jul 31, 2011
Authorized Shares 1,000,000,000 a/o Jul 31, 2011
Business of KMA Global Solutions
KMA Global Solutions International Inc. is an innovator and internationally recognized leader in the Electronic Article Surveillance (“EAS”) industry, focused on providing cost-effective source tagging solutions for customers in the apparel, multimedia, sporting goods, food and pharmaceutical and general merchandise industries. KMA is ISO 9001 compliant.
http://www.kmaglobalsolutions.com
Recent News: Latest News in January Stated
We could be seeing insiders loading up today with this huge volume ahead of news or an update to those projections.
http://www.otcmarkets.com/stock/KMAG/news
Partnerships:
http://www.profit-protection.com/Multi-TechnologyTags.html
Patented Technology:
http://www.google.com/patents?id=EFQLAAAAEBAJ&printsec=abstract&zoom=4#v=onepage&q&f=false
http://www.google.com/patents?id=HeGoAAAAEBAJ&printsec=abstract&zoom=4#v=onepage&q&f=false
Recent Filings:
Secretary Of State Nevada Link
http://www.otcmarkets.com/stock/KMAG/financials
KMAG - Daily Candlesticks
KMAG - Weekly Candlesticks
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