It's a tough crowd out there in PinkyLand.
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I sure don't remember him talking about a buyback of that magnitude...
Preferreds afford many things...voting rights being an important aspect.
The anticipation of a large buyback was originally based on Jeff's statements of his goal to have said control.
Conversion rate is 25 commons per A. Which equates to a skosh over the current O/S.
We're looking at it as a voting advantage rather than greed...a poison pill as one would
say. He will have total control of his company...that's for sure.
What are the 25 million preferred worth in common?
Roger that Lighting...enough with the mushroom stuff....
time to turn the lights back on so we can see what's up
ahead.
No offense low...but I'm gettin' tired of the treys. I would just as soon
see a nice shiny PR pop up on my platform at about 9 am est...
and let some of the higher numbers have a chance to play.
even better...
Yeah...the WRONG way...lol...sigh.
FWIW lipton...I totally concur with chambers...that's the way it went down...
and it caught many by surprise...so you're not alone.
A positive update with some Q2 guidance to higher revs "should" bring us back
up to what most consider fair market value for this company. It's tuff now...but
hang in there...IMO, it'll get better rather quickly with the proper PR.
Am I seeing this correctly...no trades in 45 min?
Well...thank ya' my friend...for that, I'll reply with my last post of the day.
I seem to be watching a lot of backs these days...just not quick enough
to get in front of anybody anymore...lol.
I must say, it's been a lot friendlier board to read today...& if you were
instrumental in that with one little post...then keep on posting away...
it surely is more fun.
OK...I'm on the bench now coach...
Had u marked already...so no more
stars for u...so sorry.
Awww...but hey...on the bright side...nobody took any away either...
and ya' still got me beat.
Instigator...
Yep...amazing what a lone blogger can get started...(hi yo KMAG...away)...ha ha.
If things keep going the way they "seem" to be...I can see it down the road...but prolly
not in 2012. Dang...I just want to get out of the sub penny realm & back to the copper
age first.
Hey...it's all in the delivery...bada bing...ha ha.
I know...a buyout is definitely a tad premature. Hell...
what would we even be worth this early in the game.
Oh I know...used to hang on Yahoo stock boards
after Raging Bull days & before I found the hub...
know them well.
Well...it will get our Sunday posts back up to par...lol
I wouldn't put a whole lot of credence in this blogger. For a downtrodden
l'il company going thru the crap we've been thru...I know it sounds cool...
but...come on. This blogger has been online for a whole month.
Don't mean to pop any bubbles...just trying to keep things in perspective.
http://www.blogger.com/profile/12611283901315725890
I agree Lonewolf1...you get the best bang for your buck if one is put out on a Mon/Tue...
that's SOP down here.
Hopefully he doesn't wait until Friday 6/29/12 ( the last
business day of this month) to release the update.
I hear ya' brother...just a matter of time. Hope the ranch is treatin' ya' well.
And hey...I gave up rollin' dem' bones when I left Cajun country...
I'll leave that to our Gator buddies John Henry Sr & Jr...
NP J R...clarification is "supposed" to be what these boards are for...
many heads are better than one...we used to be like that...hope we can
get back to helping each other for the greater good of the shareholders
rather than just incessant bickering...as of late.
A l'il guidance on Q2 & a higher pps will help that...I'm sure.
Yeah...he converted his debt into the 25 mm A shares that
were previously only "authorized"...but not designated.
Any additional shares would've had to be registered with
Nevada SOS...and they haven't.
There are only 25 mm "A"s out there...not 50 mm. Conversion rate is 1 A = 25 commons.
As lowman said before...more of a poison pill for voting rights.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=UsP7Cq37lDjidaNQBZ43AA%253d%253d&CorpName=KMA+GLOBAL+SOLUTIONS+INTERNATIONAL%2c+INC.
Ha ha...yep...the ole' agenda is determined by what side of the trade they're on.
Oh yeah...and what kinda' tea leafs are in the cup too...
You are delusional & evil...you will get your just due...& I for one cannot wait.
Ye arrogance shall defeat thee...
Couldn't agree more Thomas...and I cannot wait for justice to be
served on this lowlife, scamming, child threatening piece of scum.
Sorry for all the sugarcoating...
Don't stray too far t fall...I'd keep one eyeball on the PR feeds...
cause if Jeff does release some guidance...it could be fun.
GL2Us...
And if I may lowman...I'd like to add one more observation. These are the pennies..."investing" is pretty much a rare term down here. Yes...it seems we have found that one in a __________? with KMAG...but...it's still the pennies. Everyone that is used to "investing" in big board companies needs to realize the mindset of the players down here. All IMO...
Hey promaster...get with Ceeker while you're there...maybe he'll buy you a
beer & discuss KMA with you...he's already taken the 50 cent tour with Jeff...
1,346,000...enjoy your lunch.
I've heard the OTCBB is significantly costlier than OTC Markets...
that's why many left OTCBB for OTCQB/QX.
I think FINRA sold the OTCBB to an investment banker...
maybe they ramped up the fees.
I'm pretty sure even Freud would be scratchin'
his head if he read this board...
but what a reality show we could make.
Then here ya' go...try this one.
http://www.shutterstock.com/s/steak/search.html
Yep...it's a pink alright...
but a pink that shows profit...and has NO DEBT...
so absolutely no need to sell shares...
but I'm guessing you already know that...huh.
Yeah...you're probably right...I doubt even something like this would keep em' happy...lol.
http://www.usdebtclock.org/
Thanks Bidwell...hopefully, this puts the SS
and accusations of "D" to rest for a while.
True on the undervaluation...but if we keep going up...
you're coming to the casinos with me.
Yep...we got it all now...wolves in sheep's clothing...
foxes in the hen house...& bats in the belfry.
Ole' Mac Smitter's farm done gone ee i ee i o...
Please come back...we'll pay you.
It's nuts here now...
Believing the hogwash minimoo is putting out about KMAG...
is like believing the hogwash chavez & ahmadinejad put out about the USA...
two are crooks of countries...and the other is one of the biggest crooks in pennyland.