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Big day for what? 2 years on the GRAY market. Hardly worth celebrating.
This is a funny read. But correct in every way.
The second coming of KMA Global Solutions International Inc. (KMAG) from CEO, Jeffrey Duncan Reid, looks as if its almost ready to take your money. The penny stock of Trio Resources, Inc. (OTC: TRII) has made the first of many expected drops in price on Tuesday after trading activity began just a few weeks ago. The bid was 0.37 on TRII stock as of the end of trading on Tuesday and traders can expect to see a “0” added making it 0.037 in the near to not-so-distant future of the Canadian mining company
Prior to KMAG stock was suspended by the SEC and permanently moved to the “Grey Sheets” in September (see here), Reid made a move by creating Trio Resources Inc. On December 14, 2012, Trio reversed into the shell of Allied Technologies Group, Inc. for 66.15% of the issued and outstanding shares of Common Stock at the time.
Immediately, the Certificate of Amendment of its Articles of Incorporation was filed with the Secretary of State of Nevada to change the name, increase its total authorized shares of Common Stock, from 75,000,000 to 400,000,000, and take the necessary steps to effect a 100-for-1 forward stock split of the issued and outstanding shares.
Now that TRIO resources is both issuing news and TRII stock is trading, Tuesday’s price adjustment is just the beginning of what traders can expect to see, especially with a series of secured convertible notes under multiple funding arrangements with various third-party investors totaling $1,181,212 outstanding. It’s no wonder the news of the Company’s initial shipment of 156 tons of mineralized material processed at United Commodity AG’s Yukon Refinery, which is expected to generate revenues of approximately $236,000, had a less than positive impact on TRII.
Focused on the Company’s Duncan Kerr Property in the Cobalt Mining Camp located in Northern Ontario, Canada, previously announced a 5 year Off-Take Agreement with United Commodity AG to process precious metals from Trio’s above-ground stockpiles of silver-containing mineralized material. News like this would have sent TRII stock into orbit had it not been for the connection to Duncan Reid and the fact that there are 338 million shares outstanding.
Located on the highest risk list available, TRII stock is officially on watch for trading activity to increase and should be traded cautiously based on the past performance and dilution KMAG stock traders experienced.
The only thing certain with Jeff Dunc and his scams is overwhelming disapointment. This will be no different.
For Jeff Dunc's track record one can look at Canamet Resources and His KMAGinary company which was suspended by the SEC and is now currently under investigation.
Ya I would say this is already dead. No matter how dead some scams are, some folks will always deny the obvious however. Sad really.
Well the Ministry of Environment and the Judge who found Jeff Dunc guilty seem to care. Well .02 didn't hold. Maybe .01 will?
Now get ready to catch the falling knife. .006 on the bid.
Really? Well because JR told everybody they were "The President" "The Chief Financial Officer" "The Chief Operating Officer" etc, etc of his KMAGinary share selling, SEC busted GRAY market scam and they are not those things. That's why.
Oh but I do know they have NOTHING to do with KMAG. You just have to know where to look.
Oh I can tell you that they all have made public they are no longer with KMAG. The internet is a great DD tool.
I wonder if JR will let us know if Donald Page, Laura Wilkes, Scott Dixon or even Normand Nowlan are still with the KMAGinary company. Because by thier own admission they are not. JR should at the very least correct this info? JR saw fit to pump this stock with PR's when he was pleased to have them onboard.
It is extremely important that KMAG has brought on both, Scott Dixon, COO and now Donald Page, CFO. Their roles are greatly impacting our success.
So then it must be greatly impacting sucess now that they are gone?
It's not. That would be more KMAGinary talk. The only deadlines that exist are the ones that the Tweeter and JR keep giving that, never come true.
KMAGinary land is getting funny after 2 years of lies. The SEC busted this scam 2 years ago. The investigation is ongoing and will result in Jeff Duncan Reid being charged upon the completion of the investigation. Anybody find Laura Wilkes yet? You have to know where to look!!
Please show us the FACTS that lead to this theory that KMAG was wrongfully suspended and now the SEC is stalling.
Find Donald Page and Laura Wilkes and you will have all the KMAG answers you need. Beware it could cause LONGS to cry.
I am sure that the Dump'er Jeff Duncan will sell you all you need.
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HAHAHA Better pick up the pace 9mths into the 24 mth contract it sits at zero dollars. Only $40 million to go. Whats up Jeff Dunc? Can't find a refinery in Canada. What about the one in China you were going to use last time you ran this scam back in 2006?
Oh I am sure the KMAGinary Shorts are shaking in thier boots after that $50 paint at .006. SO SAD!!!
One should look at different investment stratagies if they mistakenly put money into both of JR's scams. One busted and sent to the GRAY and the other down over 95%. All that and still thinking it's all roses would have me looking for a new investment strategy and likely a new wife.
KMAGinary land residents are already prepared for that day. They blame the whole thing on some sort of Government conspiracy. I see the same crazy behaviour on other busted scams. Just blind, crazy hope that never comes true.
Amazing how not a single one of those companies list TRIO as a client? Or makes even a mention of TRIO or it's dirtbag CEO on their website. HMMMM?
So I am gonna guess that JR will not be meeting those demands? Were back to blaming an evil goverment conspiracy equal to the Benghazi scandal. God KMAG is a pathetic pos scam
Oh that's excellent!! Where can I take a look at that Form 10? It's not on EDGAR. That's strange.
How is that .02 holding up these days?
Only in KMAGinary land does 3 days of zero volume equal celebrating.
Penny stocks like TRII and it's sister scam should be exposed before new victims are duped. I lost nothing. I live outside of KMAGinary land, in a place called reality.
Terrific a year ago. There was talk of crushing some rocks. Big news!!!
Well we would all love to go forward with Golder's assay numbers. However, as usual with a Duncan scam they have not been released.
Looks like Dump'em Duncan is using his dozer to dump some more shares. Or is that Evil Shorts buying to cover?
Problem is. Even they were only getting 2.7 oz per ton from these same tailings. How is TRIO now going to magically pull 40 oz per ton from them with that antique looking mill and a tiny dozer?
Oh I think I have the story pretty straight. This dirt has been dug up and played with for 100 years. Nothing left in it for Jeff Duncan's newest victims. You just Gotta know where to look!!! Start with TRIO and work backwards.
Oh I forgot the part where Canamet Resources bought the property from a bankrupt company Canadaka Mill which also ran a mill on the property from 1977 to 1980 and for a short period in 1983 before going bankrupt. This dirtpile has been around.
So let me get this straight. Jeff aka "Duncan" Reid. Owned a company 2023682 Ontario Inc aka "Canamet Resources" which had a similar plan to get silver from old dirtpiles. Canamet Resources owned by Jeff aka "Duncan" Reid, failed and racked up some fines. Then Jeff aka "Duncan" Reid made a new company Trio, bought up his own Canamet junk using investors money this time so he could run the silver out of a dirtpile scam yet again 8 years later. Am I missing something?
an old quote from Dirtbag Reid:
Canamet Resources Company – Canadaka Mill
Canamet Resources Company shipped 8100 t of silver-cobalt waste residue from the former Canadaka mill site in
Coleman Township to a Chinese smelter as a cobalt feedstock. Another 7 000 to 10 000 t remain at the site.
The future plan is to bring some of the area silver mines and the former Canadaka mill back on line to produce an
8% cobalt concentrate for sale to the same Chinese smelter. The company has a potential long-term contract to
supply this smelter (J. Reid, personal communication, 2006).
Another KMAGnificent day!!! Zero volume and we know that many shares are available for sale. BAM !!!!! GRAY market illiquid garbage BAM FACT!!!!
This says nothing about this employee owned company generating Multiple Billions in yearly revenue. Imaginary or wishful. Just like TRIO Thanks for proving my point!!