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Two years audited fins can take several months if all goes well
The letter of the law does not always accurately describe the enforcement of said law. Would you consider it accurate to say that the SEC might be more likely to investigate allegations against companies with unaudited financials than otherwise?
I second that Fly, best to you.
Well stated PedroMon, much yet to be revealed here.
Ask an SEC attorney like I did.
I was not asking you, but since you seem confident, my attorney (works with an SEC firm) states that there are thresholds that trigger suspensions. Congress has oversight on the SEC, making this political by nature, not a myth.
lucky, kmag has enemies, it is well known. Allegations can be made and this is a political process. Certain thresholds may have been met, triggering a suspension. Jury is still out.
I you don't mind Janice, would you say that the SEC is not so much concerned with the accuracy of the PR's, but more so the fact that financials are not audited, do you get my drift.
It was a rhetorical question, but thanks for your opinion.
Thanks for all the feedback people, No PM here
Are you familiar with KMAG's legal counsel?
Thanks Janice, you are kind to respond. Were you familiar with KMAG previous to the suspension?
Janice, if there is no market, why are posters suggesting exit strategies?
thank you for your selfless attempt to help us poor saps that fell under the trance of JR the Kmagnificent. How much below market price should we sell our shares?
I suspect some shareholders and promotion groups are the target of the SEC.
KMAG is a victim of baseless allegations from scumbag promoters
Shareholders manipulating stocks also get charged and the stock could get suspended as well, it is on the OTC website
Nobody here knows where we are heading.
Everything you said about minimizing losses was wrong, who is one to believe
I got you by 1K
Lot more than that at last close.
Your list say's otherwise, no evidence yet.
KMAG did not pay for those promotions, Thanks for the confirmation.
Provide evidence of any paid massive promo, repeating false information over and over does not make it true.
I received similar advice from my financial adviser.
Let's see how far down we need to go, JR has not spoken to the full extent of our weakness.
I'll bite.. Yes
That is a possibility listed on the OTC markets website, so, trick question, and you are correct, we don't know.
The investigation could involve share-holders of the stock as well as the companies and the officers, correct?
Though you might like to explore that whole phenomena as well.
BTW, I have traded ADR's on the grey market for years with no bid/ask and no problems. Check it out.
I used premature in reference to your previous post, not to illustrate that you are merely guessing, which you pointed in a later post.
it is premature because it can't be known at this point. It is a guess because it is nothing more than that.
that might have been your experience with LLE? Premature guess on your part, right?
I know of two brokers that intend to purchase more shares when trading resumes. I am confident there will be a market.
I am going to be here, stop back if you are still in the neighborhood.
Your a peach.
Yeah, I'm so touched by the concern of our new friends. They are so patient and helpful. I wish they would simply state what they have on their minds. I think we need to face the non biased truth they are sharing.
Don't bother to tell us the "good advice" you took. I think I already know. LOL
JR has a top-notch SEC legal firm and the resources to fund the process. I am holding as well. If the truth is on his side and if the audit process goes smoothly, a big turn-around is possible.