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They total fins for last year are over 800k$ x10/609+- actually makes the current value as of January 2012 approx 1.3-1.6 cents. We have quarter one and know for fact that it is on its way to higher average than last years. That already makes the pps worth more. Q2-3 will be substantially bigger than even q1 so the trend is not down for the company.
Based on current reported fins times 10 equals a pps of 1.6 cents. Youre doing the calc incorrectly
Good to see you BMP
Agree. KMAG's efforts are building big and the revenue growth will show that.
They are not due until June. Will have to check if it's the 2nd or third week.
There is enough going on that it might happen before that. Agree though it's got a lot more to go upward!
Exactly. There has been plenty of great news and IMO there will be much more good news to come.
Great! Then you have almost as many as me. You can ask for all the links you want but sometimes it's understanding the industry. They have pr'd they have a manufacturer doing the prototypes.
The good thing about this? If you're buying and my buying are correct we do well. Patience is the key here. If you're unsure it's time to get out. And yes I would have no issue with buying your shares.
Glta!
Lol and Good morning CVSL! Glta
The really great thing about how CVSL works is that they have a relationship with a manufacturer that built the prototypes and IMO, but it's almost a guarantee, that they are responsible for the "work" you claim doesn't exist in the guide wire side of the business.
I will tell you with certainty that the main goal of the ownership is to build the right team to do that work whether it be directly internal or as CVSL is doing it external so that they don't have to do it themselves.
I bet you there is a whole heck of a lot going on behind the scenes and because you are not seeing it in a press release you want to dissuade that it is even taking place.
Everyone is entitled to their position. Mine is based on what I have learned a out the company and what I know about the industry of product development.
If you are still in CVSL great. If you want out pm me how many shares you have and I will offer to get you out. If you want to buy in, IMO it's a good risk to reward.
GL
Good morning KMAG! KMAG cash flow is only increasing.
I do as well hope so. I believe it will. In the meantime while I believe they are working with some bigs, and believe under confidential both by them and put on them while they work out specific details for whom they are negotiating, I will hold and add if she drops. Its part of development of a new product that is new and customizable be restricted in communication for competition purposes by the clients youre working with too.
Of course I'm speculating but the video of the working prototype says a lot!
I've been in this for a long while and for me it's always been the guidewire. Anything with the breastscan is extra. I want that to succeed too but the cash is in the guidewire.
I'll sit back and wait.
Glta
We have some nice buying on the 007 happening.
They do what they say. Nice confirmation shaybrayd
I know that Jeff is on his way to Asia. He has said to me and I know a few others that his response will be slow.
He's working bringing in the cash
I actually had a conversation with Reid about this. He is referring to the actual physical cost of maintaining on the obb vs. the costs of maintaining on the qx. The company costs for the obb are more.
The difference. Since the company was on the ob prior it might be easier, I speculate, for them to get to that board quicker.
It does one big thing immediately! It opens the door for bigger investors who cannot invest in the company in pinks jump in. There are others benefits too I believe.
I would wager that the company revs and growth will be making it as we move forward. I honestly don't worry about the buy back or use it as a savior in trading. It helps yes, but it is not what makes this company. when Q1 shows something close to or better than all of last year and Q2 shows an exponential amount more and Q3 even more, etc. then this will not be sitting in sub penny.
The existing growth and future growth is on a big move upward. Reid is getting on a plane tomorrow to go to Hong Kong. Scott Dixon is going with him. I certainly think that above and beyond them just visiting the facilities they are there to deal with some upcoming projects. Reid even commented to that in the last PR.
GLTA
Good morning! Glta kmag is a growing company with much in the pipeline.
Bingo. This is about kmag and their re-emergence. I love that phrase Reid uses. I'm excited to learn more about their asian trip too.
Great job goldbuffalo! Great job and it only shows more credibility to where kmag is going.
Boy are you on the wrong board? This is already at 4 cents.
Good morning eedg! Glta
Good morning CVSL
Good morning kmag! Glta
Good morning kmag! Late morning. Have a good weekend!
The key thing is they have already shown that is happening. We know Q1 by the pr of the 318k$ shipment is going to surpass prior one nicely. We know there is a 4 mil deal with one client. We know they have current and expanding customers. We know that they anticipate many more millions so were there. It's just starting to all come together.
We're good. New buyers will keep coming in and we will grow the long base. Kmag is seeing to that also.
Glta
It means that kmag is officially debt free! As of q1 filing Reid's personal investment into kmag was converted as identified and the company is officially debt free and operating revenue positive!!!
Post the article if it's real and then KMAG's attorneys can have some fun with it.
Now that is funny! Good luck there dude.
Smitter is in vacation this weekend with no cell coverage. I can guarantee he still in! Enjoy your weekend
Alright where's the photo with the t-shirt?
Agree duelittle. Q1 is a progress yes but kmag is sharing big things as they happen. And those are only getting bigger
That is already happening. One of the best things about Jeff is he does care about folks that invest in his company. Kmag's success is and will grow to the next level.
Did you get a tour also of Chris' facility?
That was a drop on a very small amount last 30 sec. No biggy and still above 200dma.
One slap from even close.
I truly just think its a settling now. And it's Friday. Not worried honestly. People know what we own.
I don't know. I think a lot of folks are frustrated from the last week. But all I can say is it is only a week. It's Friday and anyone understanding what KMAG has done and is doing will understand that it's a dang good buy IMO. I keep adding. When they continue their progress and keep showing us validated income streams as they are and then confirmed in growing Q's we will notstaydown here long.
I feel that the "selling" is over. Today is a good day. Lots of buys too.
I see a bounce shortly and everyone's frustration will be changed. Glta