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My two cents worth.
It would seem that many posts about Edgar etc. are based on ones own experience and for the most part, I would assume, for "normally" traded stocks.
Consider this:
KMAG is a "suspended" stock trading on the grays. I will assume for this argument that Jeff's social media updates about fins, partners, etc is true - can't imagine a CEO saying that publically if not true, but let's assume true.
Then this "process" he is trying to move through is not the norm; comes under intense scrutiny and might I say probably ALL KINDS OF DIFFERENT REVIEW CYCLES AND PROCESSES than other normal trading stocks.
What is happening here is precedent setting and might I say possibly an admission / exposue by and to some. So not only do you have to get through the "credibility" of the filing and the "credibility" of the structure (leadership), you now have to get thru the knot hole of affecting other entities.
The hurdles here are many, but KMAG is trying to make history. Doesn't seem to be sitting too well with all involved - IMO.
Nice - seems like an honest assessment. Hold up is not with him based on his message.
Not likely - far from it
Like I said its time to pay the piper - "follow me, I'm the Pied Piper" - love that song even more now - lol
No doubt in my mind that Jeff is committed to making things right. He has put a lot of time, effort, and money into seeing this through.
Am expecting big things when the reality becomes public.
Hey pigs, I think I will go a little cuckoo myself. I have some lofty expectations and can't wait to dig into the information flow.
Some will sell early. Others will miss this train completely. Me, I have my plan like so many others and the basis is DONT SELL CHEAP
It's all about audited fins IMO. Reality sets in once the fins are digested. Again, there will be some that are right and some that are wrong, but either way, you won't be able to say that there is no information available. Now there may be some other juicy nuggets to ponder, but the audited fins establishes a baseline that all longs believe and all others dismiss.
We can dissect and have opinion on the facts - but at least there will be verifiable info to argue.
Now won't that be a fun time.
I have that popcorn machine cranked up. The butter is hot and I am ready to dig into this Form 10 whenever - so JR, release it - let the debate begin.
Sorry, I- Glow - you need to stay in the back of the line like all of us and wait for the Form 10
Lol - it's ok to "poke" fun.
Last laugh will be mine.
You may be right; you may be wrong. The one thing I DO know is that when the Form 10 is finally published, everyone's excuses or boasts will be a non-issue; becuase the facts will prevail and EVERYONE will have an opportuntiyt to finally trade on the real company and the real information.
Let the trading begin.
Oh, before I lose this thought - we have a saying where I live and it's "Don't poke the Bear" - well I think someone poked the bear this time and for those who have dissed for 22 months, a surprise is on the horizon.
Lol - I know.
Why are you so hot to trot on this Form 10. You don't own any, you don't believe and you goad all the longs.
The Form 10 will come when ready - no sooner.
If you can't wait then please find another board to lurk on.
Thank you for your contributions though.
There is a certain level of hyperbole as well as optimism - point is it's going north - who knows how high.
I have my own theories which I will keep to myself, thank you
You have to be kidding. No one said this is a Warren Buffet deal OR a Hedge Fund deal - NOY YET ANYWAY. That is your attempt to do whatever you are trying to get across.
But tomorrow is another day.
So true Masterlu, it's not always the prettiest that takes home the prize. Sometimes you need to look a little deeper than the surface to see real beauty.
Patrick, you need to remember, there are enough longs who have accumulated mucho shares and they won't let them go cheap. So, very soon, the price will need to move SIGNIFICANTLY before any long gives up their shares. I own millions and I am not letting them go anywhere near these levels.
As one of our longs always says - know what you own. I do, so I am holding firm.
The one thing most longs have is patience. It will come.
After reading over 300 posts the last 2 days, it is obvious that the 2 sides here have staked out their positions vey well.
Ok, so now eveyone to their corners and let's wait for the Form 10 bell to ring and then we can come out and brawl it out based on "real, verifiable, SEC filed" information.
While there will still be opinions, facts will win out in the end - something that has been hotly debated for 22 months, but soon coming to an end.
If I am wrong as a long, I will admit it.
Here's to hoping that the opposite is true as well.
Love it. I don't have 10's of millions but I do have millions - lol
While there is disappointment, there is still a conviction that this will be all behind us next week. I can't say that I am happy we have to wait til next week, but the reality of the situation is that this is very complex stuff. The hold up seems to be a basic thing, but there are many facets to this procedure and it is made more complex due to being a gray sheet. That said, I will wait.
Really - that's laughable.
Downhill no less.
Lol - Bam - you the man
Soon vindication.
Actually what it says is that the concentrated effort on the part of a few has been effective in stifling interest.
That will change soon.
The final hand hasn't been played yet
Lol - I said the same thing on this board a while back. You can never satisfy everyone.
As long as it satisfies me, I don't care about the naysayers.
E, I hate to say but you have a point here, but I do think this one is different. The tone of the message is different. Good sign for the "so called bag holders".
What I know or don't know won't be shared with you or anyone else.
Sorry you need to do your own work there.
Hi SKA, it's the same drivel everyday with the same mantra and no specifics or proof of anything .
It's like when you are a kid and someone keeps pushing you around and says prove it and then you hit them in face - they look stunned and then walk away.
Well that right cross is coming and the bullies will leave like they always do - embarrassed and tail between their legs.
Handwriting on the wall but some just can't read or refuse to.
Hey Frank, excellent post. Your points are well thought out and cogently presented.
As far as eyes are concerned, when 2 years of fins are published and people see what's been going on, well KMAG will be back on the front page of ihub and nothing anyone can do to stop it.
Popcorn is hot and plenty of butter to go around. I have my seat for the movie and it's sequel. Feel bad for those that missed the Express Train.
GLTU.
Some need to get some new material - recycled posts won't cut it.
Yep, I will take your word as the "truth" - really - based on your posting history - don't think so.
But, thank you for your relentless pursuit of the "truth".
Ok, so now we are into "think", "may", "possibly", "could be","suspect".
As time goes on the arguments against KMAG coming back get weaker and weaker.
The resolve and the intensity of the some is waning, while backers have become more convincing.
I read this board everyday for sheer entertainment and it gets better every day.
Popcorn is hot and the butter is plentiful.
I have my seat for the show - let's have some fun today.
Yup, keep thinking that. I have some swamp land for you. Give me a call.
No kidding - been trying and nada.
But everything is on the up and up right - lol.
Love that color - I think a new BIG GREEN car will be in my future very soon.
Green - lol.
Wow, this list is a who's who.
Please add me to the list.
New names and some old ones springing up again on KMAG - seems like interest is being rekindled.
When the news hits - and it is coming - the feeding frenzy is going to be awesome to watch.
And those who believed and had faith will have a front row seat for an EPIC reversal of fortune.
I have my seat and warming up the popcorn machine - this is going to be a fun movie to watch. Extra Butter anyone.
Smiling all the way to the BANK - my next car will be GREEN - lol
There is a big effort to convince people that this is not coming back - I for one will continue to hold and wait to see my man Edgar.