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Always sells off?? NOT TRUE
On April 2, it closed @ .0055....next day, the Q3 filing came out...which propelled the PPS to close at .011 on 4/9 and finally to close @ .0209 on 4/18..
Facts.......$$KMAG
Your history suggests a few things, but taking your thoughts at face value, your post is very important....you personify the struggle that is happening.....the now vs. the long term....Jeff has stated that this is a process, he has a plan, and it will take time..
Many believe, some don't....the one's that believe, but are really wanting 'it' now are the ones that will determine how fast this moves...those that bail for either small gains or for losses will look back and say woulda, shoulda, coulda.....but that's just my opinion...
It's not easy to hold in this faster, faster, faster world - let's face it, the very product of KMAG is right at the cutting edge of now technology.....but, I do believe the ones that really have the stones to hold this will be greatly rewarded - if you invest what you can afford to lose, why not just tuck this one away as insurance for an uncertain future? Anyway, that's how I'm looking at this...$$KMAG
It's all JUST starting Speed - man is it ever exciting.......kinda like watching a little one begin to walk....Jeff is the proud papa and we longs are kinda like the doting nephews with our 'well intented' advice....
I'll be lurking and here for the LONG road to success...I believe, as always, that we will be amazed at the true potential of this technology, the company's part in that technology, and finally, the meaning as it translates into bottom line and future PPS..$$KMAG
Thanks for posting that.....Jeff has only done every darn thing he's said and when he's said - he has shown at every turn that he is old school , i.e., when he says something, we can all believe what he says.
For those sitting on the fence waiting.....just remember, Jeff has said it is his goal to UPLIST (which means above .10 for 90 days)....do any of you doubt him?
$$KMAG
JH....you are absolutely right....surprises are on the way...the PPS is going up, WAY up....whether it starts today or not, well, I'm just not that good at seeing the short term future...
But, long term.....this is golden....hope PA is doing well..
$$KMAG
Let's at least get the share structure right, okay?
For what I call the "headline reader" that does virtually no DD, the share structure would certainly be huge @ 609 Billion - , but, the correct share structure is :
Shares Outstanding... 609,420,100 a/o Apr 03, 2012 Thats 609 MILLION
Float........................ 549,138,206 a/o May 22, 2012
Authorized Shares..... 750,000,000 a/o May 01, 2012
Very frustrating to read stuff here that by the error of one letter or word changes the meaning completely & misleads people....one of the reasons why I try to just lurk...lol..anyway, GLTA....$$KMAG
Revenues should definitely drive this puppy...we haven't heard a peep from Scott Dixon YET....but we will .. :) $$KMAG
Per an email received from IR on May 13, this was the response to the question of when it would be on the sales floor:
We anticipate seeing the product on the floor in 4 to 6 weeks
This, of course, is regarding the major US East Coast Retailer of fashion footwear mentioned in the April 20 press release.
I'm in that category of not hanging on every tic and post.....I can't watch the action too much and it wouldn't change my long-term outlook anyway....$$KMAG
Yep, crazy stuff people come up with on these boards.....anyway....
We await the buyback report and Q1 filing....should be great stuff this week and beyond...$$KMAG
Does your friend also think the pic with Jeff was a fake? Lol....can't blame em I guess, as we're in the wild west with the pinks...$$KMAG
I must admit that I (and maybe some of you) don't think I really understand the enormity of what is in front of us....here's a post by OSIGNAL that is worth pondering AND worth repeating:
This is a one in a lifetime TURNING event in this industry!
Turning Examples:
Farming to Industrialization
Horses to Cars
Manual Spreadsheets to Computers
Home Landline Phones to Cell Phones
Hard Cover Book to eBooks
Print News to Internet Versions
Individual Inventory/ Price Tags...................... to KMAG Eliminated....See Below
Individual Security Devices .............................to KMAG Eliminated.... See Below
Individual Inventory Tags.(at each step).... to KMAG attached at MANUFACTIURES at the START of the process, One TAG Does It ALL!
And we have the patents!
This is unprecedented in this industry, called a TURNING, when the entire existing industry IS replaced and KMAG is in the middle of it all!
Imagine the savings at the retailers, distributors and then the inventory management features through out the entire supply chain, from cradle to grave, then the security features in the same label....soon the manufactures, distributors and retailers that do not change will not be able to compete in the World Marketplace.......as other TURNINGS have clearly demonstrated.
Oh how I wish those type of posts would forever be gone, but I just don't think it's in the make-up of any of these boards to show restraint....and as far as 'membership', let me just quote a great American, Groucho Marx..." I refuse to join any club that would have me as a member. " Happy Memorial Day!!!! $$KMAG
p.s.....(would love to be proven wrong)
Yep, I'm aware that dividends are one of the last things a company does - just kinda a fantasy of mine that KMAG will make it that far....$$KMAG
Agreed, buy back at this time is the best thing to do with cash, although Mr. Reid has said he was personally buying back the shares...
Dividends would certainly be of extreme interest to the market and might be a consideration of the company in the future. IMO
$$KMAG
I want to also agree with the caution aspect - I, like Goodspeed & hopefully most here will never invest what I'm not willing to lose - in fact, I always mentally write off any stock purchase as GONE, kaput....
Everything with KMAG points to that diamond in the rough, but NOTHING in the stock market will surprise me anymore.....obviously, the PPS does not come close to reflecting how most of us 'feel' should be the true level, however the market 'feels' differently up to now...
Remember the process or plan has just begun...just a few weeks ago, we were worrying about the CE being removed....now we are at the point of getting significant filings, the first of which will be this week with Q1 results....the PPS will follow the financials, if not immediately, then over time..
We have some very well grounded people here keeping it real...I feel confident with my investment....but, the antenna is always up..:) $$KMAG
Well...it did come true that one time...lol
investorshub.advfn.com/boards/read_msg.aspx?message_id=75456766
Yep, I was in IMG* too....only thing I disagree about with your post is where this COULD go....anything is really possible, including $1 and up (although that would obviously not be near term)...
This is a great story unfolding right before us...btw, that 911 signal actually DID foretell news on 5/10 - it came twice before close and after close a PR talking about the Minny M non-relationship came out. $$KMAG
Yes, it certainly seems pretty simple at this point:
1) ALL stocks are risks, especially pinks
2) GDSM has a specific plan
3) To this point , they have kept to the plan
4) If they continue with the plan, the risk is lessened
5) If they deviate from the plan, the risk is increased
6) If sampling shows positive results , the reward will be great
I could go on, but we all know the story...we're in the beginning chapters with the ending still to be written....for me, this is a no-brainer accumulate & hold at this point because the reward scenario is the whole reason I buy certain pink stocks..back to lurking status....happy Memorial holiday to all$$GDSM
Shares locked here.....gonna start the holiday weekend right with some more shares of KMAG!! Would love to see a break/hold of 50/200....$$KMAG
ATTENTION WORLD: KMAG HAS RE-EMERGED
Ravens tried to warn them....haha
Our little gem is going to be recognized by scores more with the release of Q1 and especially Q2 & beyond....
FUN TIMES AHEAD for all ........many millionaires to be right here on this board...IF one has the foresight and the cajones to hold long..$$KMAG
Hmm, Ashton's....good, but it's still Rocky's world...IMO... :)
We anxiously await Q1...all will soon be revealed and verified by filings which will start us on our long journey north...$$KMAG
That's a year from now?? Don't know if people will wait that long including me.
Pennstate33, that statement may just qualify for the year's best understatement. LMAO ....$$KMAG
Stronger materials in place to withstand a rapid rise better IMO....at least I hope so...we'll know things are truly better if we can maintain or , dare I say it, actually increase PPS with good news like Q1 results or maybe dropping a big name customer...
It's ok to dream large laddies...while being rooted in reality..$$KMAG
There are quite a few references to the uplist.....the STT radio interview, the Ceeker meeting which I quote from question 8:
8) How concerned are you with the pps at these levels and are you surprised it hasn’t moved in light of all the PR?
What is your plan to combat it and how concerned are you that it can be held down by those who wish to manipulate the pps?
Further answer: Not happy with what is happening in the market. I am not one to sit and watch the daily activity.
We are working on increasing revenues with each passing Quarter as quickly as possible to get KMAG into the OTC:QX
100% agree...$$KMAG
Lol......well, as we know, nothing down here in the pink swamp is a sure thing....hopefully, all the positive things (especially the transparency) will continue - as long as the basics that we've seen don't change, we will be just fine.
I keep thinking about how KMAG just a few short weeks ago had a CE designation.....now, fully reporting, about to release what should be very positive Q1 results - and will be followed by ever-increasing quarterly results.....at some point, investors with deep pockets will want this and PPS will soar - it's coming and I believe it's going to happen very quickly.....just one person's opinion.
$$KMAG
Another reminder to all of us that has been said many times but bears repeating is the message that is being clearly sent by the CEO by his share buyback.......for this I quote from the Jeff Reid (CEO) email to GoldBuffalo:
Secondly, I have started buying shares and considering that I have already invested 100's of Thousands and continue to buy should tell you I believe this company is going somewhere.
Cost shareholders money? Yes, if they shot themselves in the foot by being shortsighted & sold at a loss....stocks go up and down regardless of fundamentals, but the fundamentals over time will prevail and drive the PPS skyward....but, you really know this, now , don't ya? :) $$KMAG
$$KMAG will be just fine....don't you worry about that.
Best to you and your wife...in my prayers.
As pOp said, Jeff definitely has deep pockets.
And since there has been some question of company buyback or Jeff doing it as an insider, I decided to search through the posts to verify that it is indeed Jeff as an insider..
From an email by Jeff Reid to GoldBuffalo:
Well first of All this is the CEO answering today
The insider buying is myself.
I have not sold any shares into the market as an insider I am bound to report.
Secondly, I have started buying shares and considering that I have already invested 100's of Thousands and continue to buy should tell you I believe this company is going somewhere.
I will disclose my buyback position once we get a stable situation where it no longer required. I am simply tying up more money as my position can not be sold more than 1% every 90 days and must be reported thus my purchases are similar to restricting the shares.
We all want to be able to put a nice little bow of an explanation for why the PPS hasn't acted the way we feel it should..I wish one of you sleuths could figure the darn thing out!! $$KMAG
Well I guess we'll all know soon enough.
Any amount bought will be a good thing, but I'm much more interested in the revenues. $$KMAG
No, I believe Jeff was pretty clear that is was just him buying as an insider......somebody needs to dig up those emails...
Yeah, it's actually 90 trading days.....but, I believe it will get much less volatile (am I dreaming?) at the higher levels..$$KMAG
God Bless you guys that can watch every tick....glad I can't, but from the little I've seen, it sure looks like that so-called 'seller' still has shares to dump......$$KMAG
Yep, J Reid email also said Q2 'trending' 5 times Q1...it's way back in the pages of posts....OCmillionaire posted it many times..$$KMAG
Yep, that was the point of my original post re: FB & KMAG...thought I'd get beat up more than I did for that one.. :)
But I was simply trying to point out that FB @ $38/share and all the hoopla is IMO not even close to KMAG @ .0048/share as far as an investment decision if one looks closely at both.
While the discussion of 'typical pinkyland' certainly has merit (although overdone with hyperbole), the fact is that our determined CEO has stated publicly his intent to uplist KMAG asap - and every one of his actions, not just words, has to this point only reinforced investor confidence in his plan and in the company's future.... $$KMAG
Given the FB IPO Friday.....interesting question (to me anyway)...if one had a choice to invest $5000 tomorrow either in KMAG or FB.....which $5,000 investment will be more valuable in 5 years??? I know who I'd choose..
$$KMAG
Well, at the very least......from the 4/20/12 PR, we know the new solution for a major US East Coast Retailer .... is a unique Security solution to a unique problem and provides the opportunity that allows fashion footwear to be open merchandised and protected without damaging the shoe
And we also know that Once this product is on the sales floor KMAG will be able to openly market this to other retailers faced with a similar dilemma.
Jeff in an email reply to me on 5/13 put the time frame of 4-6 weeks for it to be on the sales floor, which would mean approximately middle June to July 1. is probably when it will begin to be marketed.
I would assume that will be a priority for Jeff & Scott Dixon.
p.s.....for anyone new or who isn't up on the DD, you should also know this from the 4/20/12 PR: This one product for this one client provides an initial demand in excess of $4 million per year.