IMO, one of two things will occur here by May 15th:
Either investors will be given substantial reason to confidently believe uplisting is in the future,
Or, JR will call a spade 'a spade', and begin conducting affairs as a greysheet.
It is clear that being grey is not the deathknell we've been repeatedly told it'd be. Hell, we hit .014 just a few weeks back. How bad can greys really be if we're testing pre-suspension levels, and without news even? This should prove that uplisting is not the "do, or die" we are constantly being conditioned to believe.
Like I've said before: uplisting is the wild card here.
Growing revenues are the bottomline.
If uplisting is still not likely after the next round of financials, I would have to believe JR will switch gears and revert back to normal updating via PRs.
Afterall, the silence is (supposedly) on the advice of attorneys only for the purpose of uplisting. If uplisting proves to be more of a hassle than it's worth, then give up the silence and resume life as though KMAG is simply a growing greysheet. Plain and simple.