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SEC number 8-52937, I will only say it once
You have no proof IMO, your facts are merely allegations! Let's go to the real facts, KmAg is coming back full strength !
Conspiracy theories abound, now they are coming from the opposition, lol it has come full circle
The rumor mill has turned out another juicy tidbit, KMAG was suspended for the handling of the share buy-back. nothing tweaks the SEC like a non-registered issue announcing a buy-back without proper forms filled out. I long suspected this wAs the case. That is why the SEC chose the vague
e, from a industrial engineering point of view, the equipment shown is up to date and purpose built, nothing to laugh about IMO
MJE Securities, LP
Well, I'm not holding my breath, Spartan was supposed to do this a while back as I recall? All the better if they can get it done.
Two years fins and to pay a MM to get on board minimum, not counting the stock the MM will demand, stuff gets costly....
Told you guys this would take 300K at least, so if it ever gets done it will take quite a while,,,, I will ride it out because of my cost basis
Ok, let's be realistic, Reid needs to have spent 3-6 thousand dollars to right this ship, so... Did he do it? Any bodies guess. I have many shares, but I would not buy any here.
Form 10 is irrelevant, form 211 by a MM would be significant, not holding my breath, if he gets it done by January 1, I would be surprised.... Just saying
Wrong Janice the float is controlled
I would like somebody to show how JR profits from this game, no takers so far, so maybe he will spend the $$$ required to right this floundering ship. jR has no possibility of making money now, so what is the end game? Nobody has an answer, I suspected as much!
Nobody making any money here, there must be another answer, maybe JR has a plan, otherwise this issue dies a slow death...
Easy, stake/stuck holders have few options, either JR spends a couple hundred k or this issue dies. I would hope he makes no public statement until he delivers. He clearly needs help on the process... Or he is not acting in the best interest of the shareholders, IMO
Hope so as well, JR has a tough road, I'll give him a few more months, after that I will need some evidence, lol, not going anywhere obviously!!
Form 10 and several binders full of information will be presented for uplist as a whole, by counsel, with a market maker, or this issue is finished. Nobody knows when or if it will happen.
You are wrong, the package is presented as a whole, this is widely known. We are in an uplist, not what you have represented. The rest of this process will be even more painful for you. Hope you have a thick skin. form 10 will come with the package, so deal with it.
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What the detractors don't realize is the uplisting process is always done as a package, 2 year fins, MM representation and proper representation is minimum requirement. Either JR has paid the freight or this issue dies, plain and simple....
So the real question is, is this an uplisting with a MM, counsel and the whole nine yards or what JS and BS want you to believe. follow the money people, jR has shot his wad, this stock dies without support.
The SEC has spoken, pack your bags and go home, according to BS and JS only the gullible are at risk here. Sad the SEC can't protect possible new investors from harm, or protect investors from loss, heck what do they do?
How does a quiet grey stock scam anybody, right up your alley, nitwit
Let's suppose an Ihub member holds, let's say one percent of the a/s, mAybe 7 million shares, bought at .003. There are a whole lotta people on the east coast gonna take note of that fact. They don't make the big bucks letting regular people make bank without their cut. You can argue, but the system is in place to favor those who know, like it or not. Just look at the disparity between incomes on the east coast vs. anywhere else. Case closed. Jealousy is a real human emotion that goes to the bottom line. I will be correct in the end, no doubt
Yes, Edgar would be helpful at this point, this process is tedious, costly and time consuming. Patience is needed, hope all is well with you, Smitty
E, i am restricted so this is my only chance to respond. I hold many shares, I will see no serious return unless JR rights the ship although my basis is zero, I don't sit on grey stocks for 2 years without a reason, I made bank in 2012. Still waiting for a good answer to the question... " how does JR make any money going forward?". Not a good answer without some action from JR. So "kmag is not a scam until somebody is making money off it.". Show me the path to money, neither you or the Ihub aces have a viable answer at this or any likely volume.... volume would only dwindle without progress, so, show me the money path, anybody?
Ha Ha Baitman, if every issue that was late on a 10q garnered this attention, there would not be enough of you to go around. It is more than common to be late on a filing. Of course you already know this. I think JR should go silent until his work is done. Deadlines here are pointless, I have said so from the get-go. If he gets this done by Labor Day I will be amazed. If his counsel is competent he will be OK, there is no end game for JR that justifies his actions otherwise, show me how he could scam anybody profitably otherwise, of course you can NOT. Show anybody how he can SCAM anybody, the sec already took care of that right? The SEC makes sure of that, right? There is no possible SCAM anymore, admit it. If one filing comes across, there will be some serious explaining to do
I still would love one of the numerous/nameless detractors to point out a profitable scam from JR's point of view. No takers so far. BS speculated that JR made his money already, no pump imaginable without filings would move this stock to be considered a pump, so let's hear it, Ihub experts, how does JR execute a "SCAM" going forward? Not happening is it? Open question to anyone that might bite?
I would appreciate one our Ihub experts to explain JR's end game going forward. How does the scam work to anybody's benefit after spending tens of thousands of dollars producing (or not) 2 years audited fins, legal counsel, and a market maker, or not, into a stock he cannot pump? Social media and this message board would only yield maybe 100k and losing his other stock at best. If he could generate a pump it would not last, so let's hear it, how does a profitable scam occur going forward?
Well penned Mastrlou
Like not having the business license Janice?
bearscat always has the best posts, I have changed all my trades based on his posts!
You know I bleed blue, and don't wear bow ties, Kmag is sure improving my brokerage account balance, still have all my shares
Our visiting experts seem to be at a loss to explain anything Toy, how's things with you?
This is not the DJI, if you know what I mean
He is at the mercy of his counsel and the Agency's
C'mon, this is pinkyland!
He should never have put a time limit on it, he can receive a letter any day demanding a response in ten days time that could delay any action on his part, this is my opinion only
jR is not stupid, if/when the filings happen, it will be with strong counsel. Be ready for some mis-direction, I suspect you are looking up the wrong tree!
I am long/trader here since 01/12 and wonder why he is public at all. jR is either a psychopath or a saint IMO
C'mon guys, let's party on these pukes faces