Thanks for the April short info.

All the information you're providing is gleaned from the DTCC by FINRA. Both the DTCC and FINRA, an SRO, are owned, operated and managed by the MM's and institutional banks. No one, outside that small group, not even the SEC, know's what is really happening inside their self controlled system. No outside involvement or checks and balances.

Nice post najrebe!!!!! IMO, we'll get down to your 3.5 days with a PR in the next two days. Can you imagine the psychosis on this board if communication was every two weeks or less like some stocks, lol.

Looks like you're pretty convinced here. If not, I apologize:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76580166

It's pretty simple, I can think of several reasons. Buyers have been buying on the way down, heavily, at various price plateaus. At .008, .006, .005 and .004. Now we sit in the .003's on the precipice of the .002's and everyone is leery to buy more. Once burned twice shy. KMAG needs to find a bottom and simply churn for a bit.

KMAG is in a struggle with the "consulting", (loosely used), firm MMG with a tawdry reputation that has most probably been shorting heavily and encouraging the same from others from the .02's down. Noxious PR's and insinuations have been emailed to their clientele and other readers working to create doubt and fear. Some abetting posters here have spread the fear here.

You and others have been working heavily today insinuating that there is a good possibility of a growing O/S . Dilution or the rumor thereof always makes for nervous buyers. Did you buy today? Didn't think so.

The CEO hasn't hand held here daily and we all know without that means. The rumor mill cranks up and the latest imagined panic becomes a reality.

Lately this forum is more a soap opera than a discussion board of substance IMO. The discussion is centered on possibilities, not facts.

What is subjective about the post? Other than no one has shown any link or proof to Mr. Reid owning silver mines, it's an accurate portrayal. What is it that you love about Mini Maggot Group?

Well said, I certainly didn't mean to minimize Ceeker in any way. Nice that you two have created a relationship that can transcend the stock market. Best of luck to you.

Perhaps you should mentally create two lists, categorizing posters. One list for posters whose opinion you respect and one for posters you are either neutral about, don't respect or don't know.

If you get bashed by someone on the latter mental list, meh, who cares, screw 'em. I highly doubt anyone of any posting substance bashed you, rather, they probably praised your effort.

I for one, found your visit personalized KMAG and Jeff Reid. It put a face on our CEO and showed him to be a regular guy. From your description and photo, he wasn't wearing a three piece Gucci, a huge pinkie ring and "trust me" grin. He simply looks like an unpretetious guy that pulls his pants on, goes to work and does his best each day.

Good luck with whatever you decide. Either way, we are still indebted to you for your first visit and you owe none of us anything.

How dare he buy the maximum amount of shares with the minimum amount of money spent, the fool. Outrageous. Unconscionable. Inconceivable. Oh, wait,..... I want my CEO to be intelligent enough to remove the largest amount shares possible from the float. Getting them out of circulation makes my shares rarer and therefore more valuable.

You're right SMOCD, that is some very interesting reading. Thanks for posting.

D*&m him for working with customers instead of holding investors hands! We need our daily cuddling and caressing for frayed nerves and he's showing them more attention than us. How will we ever achieve fair market value if he's always working with clients?

The daytime soap opera known as KMAG, its splendiforous!

I realize that acknowledging something positive is very hard, but, there were a shade more buys than sells today. We bulls played even with you bears fairly well all day.

Also, we all saw the paint job but the closing price was at least close enough to actually paint upward. This hasn't been the case in several days.

I've seen Dozens of Pennies that turned out to be crap. There are some subtle differences that are visible with KMAG.

*None of them used SEC filings the way KMAG does. KMAG goes by the book
*None of the other Pinkies had net income
*KMAG has hired Managers with excellent histories and backgrounds
*Again, the transparency issue, almost too transparent.
*KMAG has gone through all the expenditures and proper processing to acquire real patents. Look em up, they exist.
*Never been in a Pinkie that had royalty payments based on their technology. Have you?


Using your own logic, just because its a Penny stock doesn't mean its like every other Pinkie you've seen.

You've obviously done no in depth research on KMAG IMO. Your loss.

Exceptional post WildatDriller. Seasoned oil guys like yourself and geopressure are one reason I hold shares here. Experience and relationships in a specific field hold huge value IMO.

No hyperbole in your post, no self promotion, no inflammatory accusations attempting to move the share price either way, just solid sound logic. Thanks for taking the time to type and post it.

Here's to your health getting strong and hardy.

By the way, IR does answer emails.

Never met Jeff Reid. Never met Ghandi either but I respect the heck out of who he was and what he did for mankind as his work is there for all to see. We know people by their works. Same with Mr. Reid, I like his catalog of work:

*Provided emails with Q1 projections and weeks later, spot on accurate
*Net income for a pinkie, doesn't happen often
*PR'd that they were considering an A/S reduction, days later he reduced A/S
*Solid hires for the KMAG OM and CEO, look up their resume's, they're solid
*Speaks fluent Chinese
*Mr. Reid picked a sector with huge present and future growth
*Owns their own patents in RFID
*Readily corresponds with shareholders-Transparent

You dislike him, what do you have for his negatives?

If you're so tired of longs pointing out the fundamentals, why don't you provide some posts with substance that counter those posts to create some solid discussion. Why are the fundamentals not strong in your opinion?

If you feel Jeff Reid isn't so great, give some backup as to why you don't think he's great instead of just complaining about others supporting him. What JR flaws can you verify that would be helpful to knowledge base of the board?

Indeed, I bought too high. I'm a bit angry with myself for not being more patient.

The continual unsubstantiated hit and run one liners are getting real old and were always trite IMO.

Share price erosion provides enough pressure to provide a real study in human psychology. Watching rational posters begin to conjecture about improbably and impossible scenario's and then creating fabricated facts from them. Ah the wonderment.

Perhaps you can explain exactly how Jeff screwed everyone, lipton. What exactly has he done to us and himself.

I'm sure you're aware with your vast knowledge of KMAG, that Jeff holds 39 million shares and is in the same position as everyone here, down on his investment. So, he's been "screwing" himself along with us.

Was it the Authorized share reduction that "screwed" us by minimizing dilution possibilities?

Is it through the Q1 financials that show a net income that he "screwed us"?

How exactly did Jeff "screw us" lipton_tea? Explain.

Could you list the "5 loopholes" you're intimating for the board? I'm not familiar with them.

I'm sure you are well aware of your timing that oh so coincidentally correlates to Min* Mag's unsavory and unproven attack on KMAG. Double teaming, how ironic.

Your one day posting history and expansive 22 posts certainly prove a solid long term history here. Um hum.

Ref: There are a lot of people here who claim to have made phone calls and received emails from Jeff Reid or other sources. Just remember, you cannot trust anything unless it is put out in a public PR or filing.

There are many claims made on these boards. Those claims should be expanded to the inclusion of posters who may not be who they claim to be and believing the claims they make and the time at which they make them.

Nice link, LOL.

It's pretty apparent from the pictures that you're wrong IMO but you're welcome to think you're right. Gook luck to you and Mikey.

The whole point is people make mistakes, even your good friend. People who operate public companies err, buddy. You still haven't proven that Dan Jr. posted that info, it could be a secretary. You haven't proven intent to deceive.

I don't have info on the leases. It would take a magnitude of hours going through documents to find the lease info and I'm not doing it. It's worth holding a few shares in case this goes crazy IMO. It's not in yours, lol.

Sure a whole lotta your time spent here for a stock you claim is a scam. Good luck.

How quickly you forget:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76420041

Someone obviously put that info there and it was incorrect. However, you don't know that Dan Jr. put that info there and that he mean't to deceive. Conjecture on.

You provided some false info last week on SIOR's property. Did you do it on purpose? Did you mean to deceive? It's all about the truth?

I could give a rats behind about Cactus and Mike Jr. It's the Mississippian play that's important. If they're getting leases, SIOR is worth money and worth playing. Play it however you want, I'll play it how it want. Have fun.

WGAS


WGAS bounced of .0068 and ran to 0.012 today. Check the chart below, this is extremely undervalued. IMO a huge move is coming in the next month. Huge volume today moved the price. Bookmarks picking up the past week. They have three holes drilled on Mustang Island and will place the pump derrick in the next couple of weeks and start the oil flow.

WGAS doing a presentation at Small-Cap Virtual Conference, on June 13 and 14, 2012.

http://ih.advfn.com/p.php?pid=nmona&article=52679199

WGAS(0.012) MUST READ DD $$$ big move is coming >>>


WGAS is going to presentation at Small-Cap Virtual Conference, taking place June 13 and 14, 2012.

LOL, why bother connecting the dots on a company you think might be a scam. Pretty funny.

May KMAG afford you the opportunity to bless the lives of thousands of children for many decades. You Sir, have a great understanding of the meaning of life.

I wonder if Mr. Reid meets any of Mr. Buffets criteria?

Warren Buffett has identified aspects of management that he looks for in companies in which he invests. They include:

Buy back of shares where the buy back is in the company’s interests, for example where the company has surplus funds and the shares can be bought back at less than intrinsic value
Capability in allocation of capital
Managers who stick to doing what the company does best; ‘the best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.’
Ability and readiness to tackle tough problems as they arise
The use of retained profits to increase company profitability at beyond market rates
A conservative approach to debt and liquidity
Demonstrated ability to consistently grow company earnings and rates of return.

Application Fee $5,000
Annual Fee $15,000

http://www.otcqx.com/qx/otcqx/requirements

Yup. For those that can see the trajectory of KMAG's income, its just going to take some time and patience. Umm, patience, something many here don't possess. Shares keep getting absorbed day by day and the share price lows keep getting higher.

The QB is new lettering for the old "OTCBB". I think KMAG meets those old requirements as we are with no changes.

I think the .10 is a hard number. They're looking for legit firms with assets and income. One of the stipulations for staying on QX is highlighted below. The QX is a legitmate SARBOX reroute for many former "listed" stocks.



OTCQX U.S. Initial & Continued Standards
OTCQX U.S. OTCQX U.S. Premier
Total Assets $2 million $2 million
Bid Price $0.10 $1.00
Beneficial Shareholders 50 100
Market Value of Publicly Held Shares $1 million
Publicly Held Shares 500,000
Conduct Annual Shareholders' Meeting Yes
Must also satisfy one of the below Must also satisfy one of the below
Revenue $2 million at least $6,000,000 average for the last three years
Net Tangible Assets $1 million $2 million if in operation for at least three years, or $5 million if in operation for less than three years
Must also satisfy one of the below
Net Income $500,000 $500,000 (in the latest fiscal year or in two of the last three fiscal years)
Stockholders’ Equity $2.5 million
Market Value of Listed Securities $5 million $35 million
Notes:
1) All criteria must be met using data as of the most recent fiscal year except for bid price which is monitored on a daily basis.
2) The OTCQX U.S. Premier requirements incorporate the NASDAQ Capital Market Continued Listing Standards.
3) Publicly Held Shares are defined as total shares outstanding minus shares held by officers, directors, or beneficial owners of more than 10% of the company.

Here are the requirements for the OTCQX:

http://www.otcqx.com/qx/otcqx/requirements

OTCQX Requirements & Fees
The OTCQX requirements support a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors.

OTCQX has a baseline set of requirements for U.S. corporations and international businesses incorporated in the U.S. Companies that are incorporated outside the U.S. should follow our international standards.
Any issuer with proprietary priced quotations published by a market maker on OTC Link will be eligible to enter the tier for which it is qualified. Companies that meet the financial requirements of NASDAQ's Capital Market Continued Listing Standards may be eligible for the higher OTCQX U.S. Premier Tier.
OTCQX U.S.

Ongoing operations (no shells, blank check or special purpose acquisition companies);
A minimum bid price of $0.10 (for preceding 90 business days);
The company may not be subject to any bankruptcy or reorganization proceedings;
The company must be duly organized, validly existing and in good standing under the laws of each jurisdiction in which the company is organized;
At least 50 beneficial shareholders, each owning at least 100 shares of the Company's common stock;
Ongoing quarterly and audited annual financial reports posted on OTCQX.com, a premier website for qualifying companies (SEC Registered issuers can use EDGAR); and
Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals (fka Moody's Manuals), which satisfies the Blue Sky requirements for secondary transactions in many states, together with a list of any other states in which the security is Blue Sky compliant and eligible to be sold by brokers in those states;
DAD Letter of Introduction upon application process completion and quarterly and annually thereafter to OTC Markets Group Inc. confirming that the issuer has made adequate current information publicly available and meets the tier inclusion requirements.

Thank you. Gratefully, Mr. Reid seems to be very even keeled and possesses the temperament for solid, consistent leadership. Listening to him on STTP radio, he's very calm and measured in his responses.

LOL, keep dreaming on that one. Around $400,000.00 in change to buy out 100,000,000 shares, muy loco IMO. That isn't going to happen IMO. He's already emailed a poster saying it was a modest amount.

You captured the essence of the KMAG board rather well chambers52.

KMAG's Mr. Reid is a hardworking, trustworthy, transparent CEO with great instincts and foresight one day and a complete jerk and bum 24 hours later. Early today, he's back in good graces. As for tomorrow, oh boy, watch out.

It would be interesting to take a poll to see how many here have actually headed a company and understand what catalysts cause a CEO to make the decisions they do. Thank goodness many here know exactly what he should do and let everyone know. LOL

Looks like "they" are getting or already have the shares they want and we get to head UP! Volume, price rise and direction change. MOVE THAT BOAT!!!