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Why is that? What happened? Why leave ATYG?
So nobody that bought KMAG knows anything?
KMAG will wither and die on the grays.
Which major East Coast retailer actually bought this KMAG product? Has anyone ever recorded evidence of a tag in a store?
UNCOMPENSATED POST:)
TORONTO, ONTARIO--(Marketwire -05/14/12)- KMA Global Solutions International, Inc. (KMAG.PK) is excited to share progress for two (2) USA based retailers. Recently Jeffrey D. Reid, CEO, visited the two (2) factories that are responsible for KMAG's production and shipping. One Factory (A) produces some of KMAG's RFID solutions while the other Factory (B) produces some of KMAG's security products.
Progress Shipment #1 to our major East Coast retailer is the first of 10 planned shipments with an initial weekly demand providing our new unique security solution for the fashion footwear industry. This order is processed and delivered from Factory (A) totalling just over $213,000 USD and Shipping to the retailer's USA distribution center. As we indicated in our prior press release, as soon as this first order makes it to the shelves KMAG will be able to begin marketing this solution to other customers. This is a very exciting time and the beginning of an initial demand in excess of $4 million per year for this one client using this one product.
Progress Shipment #2 to a major USA-based, international retailer is a recurring order for security tags. KMAG is exploring new methods of incorporating these products into the retailer's operations. Packaged and delivered from Factory (B), this progress order totalled just over $131,000 USD and shipped to 3 different distribution centers in the USA.
CEO Jeffrey Reid states, "KMAG continues to develop unique solutions in this growing market that keeps us ahead of the competition."
About KMA Global Solutions International, Inc.
At KMA, our business mission is to constantly reinforce our industry leadership as a preferred competitive supplier in the timely delivery of superior, cost effective, source tagging products - all the time, every time.
Which major East Coast retailer actually bought this KMAG product? Has anyone ever recorded evidence of a tag in a store?
TORONTO, ONTARIO--(Marketwire -05/14/12)- KMA Global Solutions International, Inc. (KMAG.PK) is excited to share progress for two (2) USA based retailers. Recently Jeffrey D. Reid, CEO, visited the two (2) factories that are responsible for KMAG's production and shipping. One Factory (A) produces some of KMAG's RFID solutions while the other Factory (B) produces some of KMAG's security products.
Progress Shipment #1 to our major East Coast retailer is the first of 10 planned shipments with an initial weekly demand providing our new unique security solution for the fashion footwear industry. This order is processed and delivered from Factory (A) totalling just over $213,000 USD and Shipping to the retailer's USA distribution center. As we indicated in our prior press release, as soon as this first order makes it to the shelves KMAG will be able to begin marketing this solution to other customers. This is a very exciting time and the beginning of an initial demand in excess of $4 million per year for this one client using this one product.
Progress Shipment #2 to a major USA-based, international retailer is a recurring order for security tags. KMAG is exploring new methods of incorporating these products into the retailer's operations. Packaged and delivered from Factory (B), this progress order totalled just over $131,000 USD and shipped to 3 different distribution centers in the USA.
CEO Jeffrey Reid states, "KMAG continues to develop unique solutions in this growing market that keeps us ahead of the competition."
About KMA Global Solutions International, Inc.
At KMA, our business mission is to constantly reinforce our industry leadership as a preferred competitive supplier in the timely delivery of superior, cost effective, source tagging products - all the time, every time.
KMAG CEO converted shares to dump... I mean make a bigger control block to dump.
Questions have arisen concerning the adequacy and accuracy of
press releases concerning the company’s operations.
CEO Jeffrey Reid states "KMAG is on target for its annual growth projection in both Sales and Profits." During Q2 the Share Buyback was completed adding another 37,100,000 shares to the control block of the company. Additionally preferred shares were converted into Common Shares to a total of 140,579,804 shares adding to the control block and depleting any further shares to be issued to the capacity of 750,000,000.
That would all make sense if KMAG wasn't under investigation. Better hurry up and make those 37 million shares disappear so the float is correct then.
It is obvious the KMAG float must have exceeded the O/S and A/S, but only 11 shareholders?!?
Market Value $10,500,000 a/o Sep 14, 2012
Shares Outstanding 750,000,000 a/o Sep 13, 2012
Float 724,309,475 a/o Sep 13, 2012
Authorized Shares 750,000,000 a/o Jun 19, 2012
Par Value 0.001
Shareholders
Shareholders of Record 11 a/o Sep 13, 2012
Someone exceeded the O/S is why KMAG got halted. Since A/S is maxed out Thanks for the clue.
LMAOTIME $1.00 KMAG at open would drop faster than anyone could sell.
Nobody else needed ATYG fives at all today. Maybe some threes where everyone will be bid sitting again tomorrow. ON this UNAUDITED company.
Bid sit at 3 until the next R/S, or promo paid or not, ATYG is STUCK.
KMAG is dead quit the Kumbaya and get over it.
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
SEC is cracking down on SCAMS. Get out of GRNO while you can.
The U.S. Securities and Exchange Commission said that it temporarily suspended
trading in the shares of 16 more companies September 17 2012.
The suspensions are part of a broader crackdown this year, which has resulted in
a record 609 suspensions so far during 2012.
The SEC has halted trading of numerous noncompliant companies, citing reasons
such as a lack of current and accurate information, as it ramps up efforts to crack down on fraud.
IDK about: Questions have arisen concerning the adequacy and accuracy of
press releases concerning the company’s operations.
It worked while it was working. Now ATYG is back to the ATYG we all know with low volume until the next one.
If procrastination could heat water WDRP would be a thermal steam plant by now.
Well the promo ended as you can tell from the decline in volume. Looking forward to watching ATYG Monday.
LMAO Those 111 shareholders on record must be flooding them with calls.
Shareholders of Record 111 a/o Sep 12, 2012
A "Gagged" transfer agent is one which has been instructed by the company they are working for to not release information, such as the share structure. This is usually NOT a good situation. There is no legitimate reason for a company to gag their TA. It is almost always done to hide dilution. Some TA's, however, have a policy against releasing share structure information. The reasoning behind this is to keep the thousands of penny stock traders from bogging down their business with requests for information. Unfortunately this forces the shareholder to contact the company for information. While this isn't as bad as a company specifically gagging their TA, it still isn't an ideal scenario. Whether the company sought out this TA because of this policy, or it was a coincidence, is up for debate.
Without knowing the current number of outstanding shares, an investor has no idea if shares are being sold by the company. Concurrently, without knowing the number of authorized shares, the number of shares that can possibly be sold is not known either. Companies that practice this scam will often issue press releases, or other investor communication containing excuses for having the TA gagged. Unknowing investors will buy these up, and continue holding shares, or even buying more. We do not recommend touching a stock with a gagged TA, unless you are experienced with penny stocks, and it is purely a short term momentum play.
One promoter got burned you think any other are going to touch the SUTI BOOST dumpathon anytime soon?
Waiting for those twos to break.
ld PP Congratulations to anyone that was able to short this ld PP WHEEEEEEIIIIIIIZZZZZZZZZ!
Onto the NexPhase!!!
29s getting ask slapped!!!
Nice big support with threes on the horizon.
Does it run up after your out all the time?
Must be a great spin off!!!
Someone sure did.
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FITX gagged T/A?!? MODS update your IBOX.
Current INFO
Shares Outstanding 535,116,780 a/o Jun 30, 2012
Float 47,293,250 a/o Jun 30, 2012
Authorized Shares 600,000,000 a/o Jun 30, 2012
FROM
Shares Outstanding 334,325,000 a/o Mar 01, 2012
Float 42,700,000 a/o Mar 01, 2012