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You sure you really saw the brief access Microsoft accidentally shared, showing Azure/ Cloud Windows 8 Bing files and the relationship with MIMV.
I copied them and read them over and over and disagree with your assessment. Do what you have to do, wait for confirmation. Most here now know the exact relationship between MSFT and MIMV and could tell you who is in what department and working with whom.
That is a very good idea. You should wait until the second PR to make sure everything is legit.
Really? Would you like a copy? lol
There is no disclaimer at the bottom of post #127510, that is a false statement.
This seems to happen every couple of weeks. Someone lets sells stack up and then buys through them with big blocks as the impatient lose shares and the patient gain them.
Bid at .0012, past the last Ask. She's moving.
Somebody just bought the 1.8 mil sitting on the ask. Get giggy time coming.
Are you still trying to figure out the low volume numbers on Monday and Tuesday?
19's getting hit before the PR's are released.
Did you ever figure out why there was no volume on Monday and Tuesday?
I'm sure you do. Wink wink.
Indeed, could be from a customer, an Attorney, a legal document, something from the SEC. Who knows, hopefully we find out soon.
I think all longs want to get to the bottom, wherever that is. Ceeker is a local who lives near KMAG and doing what he can to provide some reality to the situation. I suspect we'll hear something next week, whether its official or just a visit by someone.
I agree, this is a sad situation that has affected so many lives. Hopefully we begin to see some clarity in the next few weeks.
I do find it interesting that it's from New York, where KMAG's attorney resides, that it's more than just a letter and that it must be signed for. It probably is something important.
Nice sleuthing Carmil1. Very interesting thoughts.
lol, I think you have it!!!
Thanks to Ceeker for his effort and photos today, nicely done. The truth reins!!
Ceekers photos have a time stamp, a Toronto newspaper from today, a photo of his car and details of the notes on the door. KMAG is there and doing business, contrary to inaccurate prior reports. Monday should get interesting.
CREEKER's visit and photos of KMAG offices on 10/27/2012: "Note: the first pic is the front of the complex facing Gibraltar dr. The following pics are of the units along side of the complex.
You can clearly see Milstone automation being only 2 units down from Kmag. I have also included a newspaper with a date stamp dated today.
My car is also in the pic to verify in fact that was me at the location site.
The note stuck to the window is a FED X delivery notice dated Friday Oct 26 2012 and repeat delivery attempt for Mon Oct 29 2012."
What don't you show one, just one single incident where your scenario has played out.
Could you show where the shares were sold? Thank you.
KMAG is debt free, why don't you show where they are diluting shares to fund operations.
KMAG has product sales. You can see KMAG RFID tags on products if you make effort look them up.
Several emails from manufacturers were posted verifying the relationship with KMAG.
The patents are real and r-pac is using them. Can you say revenue.
It's all there if you care to find it. If not, continue posting the same thing daily.
Posts have been provided revealing KMAG labels on products. Multiple manufacturers have verified a relationship with KMAG via email. Patents are available for viewing online. We've had a poster visit their office several times. This isn't some cash starved start up company dumping shares for office rent.
Yes, I still believe KMAG as a company has substance. Believe what you want, it's certainly your right as well.
"Questions have arisen". About some PR's. Scary, lol.
KMAG's claims on patents, production and licencing have all been verified over and over again. Where does it say the SEC doesn't believe those facts?
Here's some help with your question. The daily business functions of KMAG are very much ongoing. KMAG may be on Greys but that does not affect their being debt free, and still generating sales, partnerships, licensing, manufacturing, patent work and intellectual property development.
Serious DD has one looking at all aspects of KMAG.
The phone number is right there for you, you can call and verify it or not call and not have facts. Your choice.
An ever widening array of facts show KMAG is creating product and selling it. KMAG is doing business on a world wide basis, despite the Grey market issue. Thanks for you reply.
Instead of implying "careful research", why don't you lay out the basis and proof of a relationship for the board. The relationship you implied exists with Minipoo is awfully cursory.
My thorough research contra-indicates what yours does.
Since we're asking, "what are we basing this on",
REF: "...of course, with KMAG they did not make a mistake to suspend."
What are you basing this on? An opinion of course.
Baseballfan's email reply from R-PAC:
"Hi Jim,
Please review attach our sew-in security tag KMA products line for your record and let me know which item you are interested. And below KMA website for your reference, you can check and advice any interest from the website. thx
www.kmaglobalsolutions.com/
Please note my direct line change to 26116304.
It would be my great pleasure, if you have any question, please do not hesitate to contact me.
Best regards
Terence Ng | Production Supervisor - RFID
r-pac International Corporation | Hong Kong
direct: +852.26116304
email: terence.ng@r-pac.com"
I also think it was wrong of KMAG to hide this text in the Sept 27th release. They really shouldn't present their filings in just black ink, they should color some sections.
"We are informed that the unaudited financial statements included in the July 2012 Quarterly
Report were prepared by Laura Wilkes Lawrie, an outside consultant and fourth level CGA who has
prepared financial statements for both private and public companies for over 30 years. We are informed
that after Ms. Lawrie prepared the amended financial statements and notes they were reviewed by Donald
J. Page, a CA who for 30 years practiced public accounting with Clarkson and Gordon (now known as
Ernst and Young). We are informed that Mr. Page conferred with the Issuer's Chief Executive Officer to
confirm that the amended financial statements are prepared according to GAAP."
This plan is coming together exactly as you've described it. However, it has taken some patience and tolerating some red in the portfolio. With oil flow and funding, we swap colors and decimal points.
Nice job working the board today x-man. Superb news on the authorized shares.
You expecting I-1 flow news tomorrow or Wednesday?
This is getting like Christmas as a kid.
WGAS's accounting firm, HBM's webpage. They are a member of Baker Tilly International, the 8th largest accounting network in the world.
http://www.hbmcpas.com/content/affiliates
http://www.hbmcpas.com/
It could be a very minor amount of dilution, if the shares get issued and if issued, they are sold in the future. It is simply an announcement that MIMV wants to reward quality employees with stock when they perform and if they stay with the company. A stock option progrma allows MIMV to hire quality employees with talents that can make MIMV more valuable.
This is not a type nor volume of dilution to worry about. If MIMV were to pay their attorney, their accountant, their rent and other expenses with shares, that would be a worry. With the Microsoft contract in hand and new product releases upcoming, this is the revenue growth phase of MIMV, a great time to own shares.
It is a positive occurrence IMO.
LOL, it is a lovable line. do you think Management is anticipating an acquisition?
Link to the new 8K: http://precisionir.api.edgar-online.com/EFX_dll/EdgarPro.dll?FetchFilingHTML1?SessionID=rextFC1xrrD_2kv&ID=8863131
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Amendment to the Company’s 2010 Stock Plan. On October 5, 2012, the Board of Directors of the Company approved an amendment to the Company’s 2010 Stock Plan (the “Plan”) to increase the number of shares of the Company’s common stock reserved for issuance thereunder from 10,000,000 to 15,000,000.
The foregoing summary is qualified in its entirety by reference to the full text of the 2010 Stock Plan, as amended, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
(e) On October 5, 2012, the Company’s Board of Directors approved the grant of stock option awards to certain employees and consultants of the Company (the “Options”), including to the following named executive officers, in the amounts set forth, and effective as of each respective grant date, as follows:
The Options are ten (10) year options to purchase shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”). All of the Options have an exercise price of $0.42 per share, the closing price of one share of the Company’s Common Stock on the Grant Date, and the Options granted to the executive officers are intended to be incentive stock options for tax purposes. Fifty percent (50%) of the Options vest immediately and the remainder become exercisable monthly at a rate of 1/24 th per month for the 24 months following the date of grant, in each case, if the named executive officer remains employed by the Company or any of its subsidiaries on each vesting date. Notwithstanding the foregoing, if the applicable holder becomes disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code) or dies prior to the final exercise date of the Options or if the applicable holder’s continued employment with the Company terminates following the effective date of an Acquisition of the Company (as defined in the Company’s 2010 Stock Plan, as amended (the “Plan”)), the vesting of the shares subject to the applicable option will be accelerated so that all of the Options held by such holder that have not yet vested as of such date of death, date of disability or termination date (as applicable) will vest immediately. Payment of the exercise price may be made in cash, by certified or cashier’s check or on a cashless basis.
The Options were granted and will be granted under and in accordance with the terms and conditions of the 2010 Plan, as amended filed as an exhibit hereto, and pursuant to the Company’s standard form of Stock Option Agreement filed as an exhibit hereto.
The company is issuing shares for Options to top management but they're not diluting as far as public records show.
I think someone sizable is quietly buying shares.
Seems like you usually see T-trades in two situations. If a company is diluting and dumping shares into the market you will see T trades sometimes for several days in a row.
When a larger entity is buying up shares and they want to keep it on the quiet, they'll buy blocks of shares throughout the day and then average share price will show up as a T-trade at the end. Frequently the purchase price in this instance will be an average of buys, say at .365, .37, .39 and .38. They'll average the prices of all the blocks to something that did not show up during the trading period. Here's today's trades. Looks like the averaged them:
16:02:54 0.377 37100 OTO
15:59:57 0.38 500 OTO
15:59:09 0.37 4761 OTO
15:56:45 0.38 206 OTO
15:47:47 0.38 5000 OTO
15:07:02 0.38 700 OTO
15:06:51 0.38 5000 OTO
14:23:37 0.395 500 OTO
14:01:49 0.39 100 OTO
14:01:10 0.39 5350 OTO
14:01:10 0.39 7900 OTO
14:00:39 0.395 250 OTO
14:00:21 0.395 1000 OTO
14:00:07 0.398 9000 OTO
13:59:55 0.40 5000 OTO
13:59:50 0.40 2000 OTO
13:59:36 0.40 2000 OTO
13:36:19 0.398 8000 OTO
13:34:21 0.40 35000 OTO
13:30:27 0.398 3000 OTO
13:25:16 0.40 5000 OTO
13:23:42 0.41 500 OTO
13:23:39 0.41 1000 OTO
13:23:31 0.41 10000 OTO
13:23:24 0.40 5000 OTO
13:17:43 0.40 1100 OTO
13:17:02 0.40 5000 OTO
13:16:55 0.40 6900 OTO
13:16:01 0.398 5350 OTO
13:16:01 0.398 10000 OTO
13:04:36 0.395 550 OTO
13:03:53 0.395 5000 OTO
13:01:45 0.39 2100 OTO
12:56:24 0.381 200 OTO
12:56:19 0.383 250 OTO
12:47:50 0.395 5000 OTO
12:42:07 0.395 500 OTO
12:33:12 0.385 5000 OTO
12:22:38 0.37 5000 OTO
12:10:28 0.37 1000 OTO
11:27:21 0.39 10150 OTO
11:25:41 0.37 1800 OTO
11:20:09 0.38 375 OTO
11:20:04 0.38 8000 OTO
11:18:09 0.38 1625 OTO
11:18:02 0.38 4875 OTO
10:45:47 0.38 125 OTO
10:45:42 0.39 10000 OTO
10:31:30 0.37 3239 OTO
10:20:23 0.37 7000 OTO
10:17:14 0.356 5000 OTO
10:13:56 0.38 161 OTO
09:42:41 0.38 6000 OTO
09:38:03 0.38 5105 OTO
09:36:40 0.38 300 OTO
09:34:05 0.39 2300 OTO
09:33:03 0.39 6000 OTO
09:32:46 0.39 7400 OTO
09:30:44 0.39 12750 OTO
09:30:10 0.375 350 OTO