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Lowman... i believe the flagpole will be caused KMAG's first day back in the pinks.... although the form 211 submission can have a similar effect.. but what's your take on a possible gap needing to be filled ??
the question is how is this 'someone' accomplishing this... even when purposely matching lower than bidding prices....
i was explained that even in the grey market you'll get the best bid price
pending SEC investigation??? where do u get this from?? drop the nonsense,
"there is no standard time to process a 211 and clear the market maker to begin quoting a security on the OTCBB"
i got an order for 396000 @ 0.005 please sell to me...
last year he didnt post Q4 he just waited to post the annuals, so idk if this year (today) as per his previous timelines he will post Q4.. it would certainly be nice to have something official come out today...
i really wonder how you know the in's and out's of these processes given that no security has returned from the gray's after being suspended... the company's silence tells me i will en passant your post and queen all my pawns in due time...!
it's listed there already for Q3 that they are not under investigation.... so what does that tell you?
exciting times ahead... that form 10 will send the masses in our direction... those picking up shares at these ridiculous prices dont know how lucky they are IMO
that's not what i asked, can you answer the question?
do you think Q4 will come out sometime this month?
The catalyst will be returning to a "regulated" trading medium.... will it happen? I sure hope so... may say it wont ... more say that it will.... in the meantime KMAG is silent.... but not totally as it PR'd after suspension and produced Q3, if q4 follows and KMAG remains silent then... it's obvious KMAG will return... when ? It's up to the empowering/regulatory entities to decide... in the meantime IMO this semi-silent is very loud and speaks for itself...
GO KMAG!!
last time he told me very soon and this was yesterday....
now i'm going to go w/ Smoke's predictions of sometime this month.... although some claim by tomorrow we may hear something...
just under 2 years...
Why is that smoke??
Hey smoke do u think that the 0.0004 trade could have effect on the potential run KMAG will experience in the near future... could it limit the extent of the run given that it became the new 52 week low??
go KMAG !!!
very true...! it's just a matter of waiting, patience will reward you..
Jaime - I don't have PMs, but thanks for the messages...
then explain this...
Effective September 27, 2010, the SEC has approved new FINRA Rule 6490 (Processing of Company Related Actions). Rule 6490 requires that corporations whose securities are trading on the over the counter market (OTCQX, OTCQB, OTCBB or PinkSheets) timely notify FINRA of certain corporate actions, such as dividends, forward or reverse splits, rights or subscription offerings, mergers and name changes. The Rule grants FINRA discretionary power when processing documents related to the announcements, and implements fees for these services.
I'm glad u realize the SEC is usually right and that the current suspension procedures are flawed, I'm not going to explain how/what a better process would entail because there's too many variables that need to be covered. My opinion remains the same, the current process is flawed! and it's certainly not in the vested individual's best interest. Too many unregulated trading mediums already exist, there's no reason to pave a channel for a suspended security to return to trading.
money just doesn't dissappear my friend... like you said "of what essentially becomes a worthless stock?" at a certain point in time those common shares were valued at a price prior to the suspension, a value based on supply and demand. The 'suspension' process is flawed.
it's to protect investors (future ones), personally i dont see a reason for suspending companies when it's so damaging. However, they still provisioned a process for them to get back into trading which is really more of a process for new companies to seek sponsorship. Suspensions literally destroy companies, so if any entity is trying to protect investors, they should liquidate the the common stock @ current PPS of when the suspension took effect and let investors move on... as far as any other type of shares go idk how they would handle those... but then i would call it "protecting investors"
good to know.. the times i tried i was negated any bit of info... not to mention dealing w/ FINRA's automated options blow!
no they won't.. that info is only disclosed to the submitter.
KMAG and MJN* have very similar share structures and they recently released record revenues extremely similar to ours.... and they have decent debt... we don't have debt.. look at them going higher and higher closer to .25c once we get back to a normal trading medium our run should be similar
And whats the plan to stop manipulation next time??? These silly drops can only indicate manipulators are still around...
hey ceeker.... what's in this 1-2 year plan ?? you can private me if u wish to share, I wont be able to reply but i'd like to know what's in this 1-2 year plan as I wasn't aware, I post every now n then so i'm bit lost on current situation.. I did see today email communication...
wouldn't that make you a majority holder , you already hold more than 5%... if ur currently holding 62 milly
DJ, when you spoke to Kerr did u by any chance ask him about KMAG? i know hes involved w/ other projects but he should know a thing or two given that he works side by side w/ Mr. Reid... maybe we can get some insight from what his thoughts are....
hmmm... u using that kind of language when referring to Mr. Reid is amusing given that ur one of his main supporters... but i undertand we are all frustrated...
glad to know they finally answered a question again...thanks for posting
can you provide a screenshot of the email...?
he put out a PR w/ his plan right after the suspension, is he isn't putting out another one it's because there's no update, remember no other company has returned from the greys, for all you know there isn't a established process, yeah we know that a form 211 needs approval from FINRA but that's more for non-suspended companies that want an MM to sponsor them into a trading medium... i think that if an MM is going to represent us.. they are going to want tons of proof to cover their bottoms... and if we are in talks w/ an MM that is what's happening... all we can do is wait.. and don't get me wrong, i'm impatient also but i've learnt to adapt, i also think that the IR email should be removed from publications going forward as nobody is responding and that is the 'only' commmunication channel between us and the company so if it's not working then it should be removed...
could you elaborate on the formula you're using to see a 1000% premium ? 99% of the time reverse or forward splits do not affect ur position, either more shares @ lower pps or less shares @ higher pps. It's either a share buy out which in this case it's looking for like 1 TRI* for 100 KMAG (based on current KMAG and possible TRI* PPS of .50c), i'm not seeing where the 5 cents a share is coming from...
if this were to occur, what happens to the holding status of the KMAG shares ? once transformed into the new company's shares do these retain the long-term holding status??
Millions bought where KMAG or Allied tech. ??
do you care to enlighten me...? RM involves a public and a private company unless i've completely lost it....
so given that this is the scenario to get off the grays... what happens to KMAG's common stock....? this is no RM as ALIE is already public....
any idea as to when in 2013?
"That says it all" is correct by all counts....what do you want him to write on there.... "buy this stock it is a 10 bagger" u get other CEOs that will sell you the world and claim their co. is the best and they have all these plans and goals and nothing ever comes out of it... because they all talk too much... JR has by far been straight forward with us... all we ever needed to go by is his last PR and now this Q3 ... you already know that finding a sponsor MM will take some time.. they need to do some CYA work before they sponsor us... and IMO that is what's happening...
my statements never mentioned KMAG so idk why you replied to my statement claiming it's unveriable info....
sponsor MM is the only party that can inquiry FINRA about status of form211... that is all i stated