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Well here is to financials this week and the start of our run!
Will be good to see an updated share structure along with GPM on sales.
MM
I'm willing to say this company isn't a scam but either they took on a bad shell or they are diluting a tone of shares to keep operations going till the business grows.
Either way current shareholders are screwed as pps cannot increase to a decent value having a 10 bill O/S and 7 bill float.
MM
Well with this volume little disappointed we couldn't move to 4/5 or 5/6. Maybe Final notes converting, MM's swapping shares for the run, or shorting.
Let's see what power hour will bring! Need at least a close at 4.
MM
HEEELLLO 444444's
MM
Is it odd the after hours trade was the same amount of shares at the open? The open trade was a sell and the after hour trade was a buy.
MM's playing games to see if someone will dump 1's?
MM
I bought in based on the last reported financials at .0002. With a float of 840 mill and $500k net profit I wouldn't think additional dilution is needed. Unless there are a few notes to be converted.
With that I can't see no harm stashing a few million shares away to see what happens.
MM
Well I can tell you they are hiding shares on the ask as I just hit it for 475k and the ask didn't move.
Anyone else buying some shares before fin hit?
MM
Question is will the dilution stop now that money is being made. We need to keep the float under a billion and if profits continue to increase then slowly start buying some shares back at these prices.
MM
With the company showing profit one would think the conversions / notes should be able to be renegotiated and no more hitting the books or open market.
Also hope the shareholder marketing side takes off as we need some attention on this assuming revenues and profit remain good.
MM
Well picked up a started here.
Why is this company at these prices with a ~840 mill float and with $20 mill in revenue and a $500k net profit?
MM
Thanks everyone lets just remember to stay on focus with the post on the board and keep it KMAG relevant
MM
What ever you do don't lose the FOCUS that shorts do exist here.
Kmag will raise again
Keep on Focus
KMAG = SLOC
MM
Also confirmed the purchase of the car dealership! Multiple businesses running here people.
MM
Right on! Missed that post.
Bring on the news
MM
Where did the news this week come from?
Thanks
MM
Company has opportunity to be something in a year or two. Will take a while for the concept to catch on.
With the losses, low sales and convertible notes I will be following this but think much lower prices will be coming.
MM
See if we get some end of day action with markets closed on Monday and Tuesday's are good OTC news days
MM
Hello all, just picked up a few today @ 11. Bring on the formal news of share reduction and business updates.
MM
Where is the filing for Q4? I went to OTC and couldn't find them there.
Thanks,
MM
Scottrade's tax documents have been up since Monday online.
Just a heads up
MM
Man o man that is old new without any further action. Please see SLC post and the post about proxy and shareholder meeting which is within the past 6-weeks not 2.5 YEARS AGO
YOUR TURN
MM
I think it was right on topic to what we been posting. KMAG will have its day shortly. I know what I stand to win or yes possibly lose. Does everyone else?
MM
Well I think if you posted your proof of claims against the company and I post what we have going on with NOBO and shareholder meeting I'm sure most without blinders as you say will think at this time I have the upper hand.
Please post your proof and I will post mine.
MM
I came up with my theory you came up with yours. The two are different and we will have a winner February 28th.
If my theory is correct then I win big what do you get if yours is correct?
MM
NEWS!!!!!!!
MetroPlex acquisition is completed and revenues will be in year end.
MM
Said nothing about a short position. One thing we do know is a NOBO/OBO was ordered so at the shareholder meeting we will find out if there is a short position or not.
We will also find out what side of the argument was correct. I'm betting on the longs side now assuming the meeting happens as scheduled. No way JR calls this to blow smoke up our a$$.
Best of all we are little over 3-weeks away from knowing.
MM
For those of us who own shares proxies should be mailed or emailed depending on the shareholders election.
MM
Because a "material" event needs to be voted on so why not wait till then?
Let's assume there is 100 mill plus short position and the vote includes and fully completed S-1 ready to go on Monday why give the people short more time to buy cheap shares?
Once audited financials are out and if they are what we are hoping they are the shares once available at .01 are now available at .10 so on and so on.
Seems to me it is a great plan to do it on a Friday.
KMAG = SLOC my friend
MM
That is what I been told by Jay. When it happens say good bye to the trips!
For those who has an average above the trips good time to lower it for the run. Not saying penny land but .002's to .004's possible. Nice profit from these levels.
MM
My only question is how do they plan to get to a penny without a R/S.
1. Notes must be done being converted
2. Insider buying or company buying needs to be at least 1.5 billion
3. Sales for 4Q better be close to 10 million with guidance of multi millions for Q1
4. Audited financials a must
5. Show net profit for Q4
Then we may hit a penny and sustain it.
MM
Hey 7-10-11 old FF*O shareholder here. Anything going on with our A's and B's? Have followed in some time but was wondering if we are any closer with GNCP and NM*L being in play.
Thanks
MM
As you have no proof of anything either. Least we have proxy timeline and shareholder meeting date.
MM
Probably the only reason they are filing these now is for the final prep of the audited financials.
Let's hope.
MM
Given these are from Nov 12th I'm willing to bet this was clean up and the larger Form 3's will be filed.
MM
I agree if we don't see revenues beyond the 5 mill mark then we been getting smoke blown up our butts.
In an email from Jay the Form 3's will be filed shortly what shortly means I don't know but buy regulations I would think end of week to mid next week.
MM
Is one to assume the 230m on the ask the end of the notes?
MM
Which homey are you on skype? I'm MilkMoney
Now back to 113 mill on the ask at 2
MM
Yup, not sure who said Jay doesn't respond to questions as I received two emails from him the last two days!
MM
Okay so I wasn't the only one who seen this. So we can see the MM's are playing games trying to get some to sell at 1.
Wonder if these will be a T-Trade after hours?
MM