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I'm cool with that.
What are talking about? In your post you say you want to see numbers on paper. There are numbers on paper. It's called a financial statement. Did you read it? You talk on both sides of your mouth, sir. In one regard you say that JR's a stand up guy and then you say you need more proof of what's going on. Which is it? Don't call me out and not have your ducks in a row.
Company stock buy backs will come as the company grows. Perhaps beginning next qtr. Right now funds are needed to pay for operating cost. From what I hear there will be no more diluting. Your're right, it's very possible shares are being liquidated by someone.
Let's use some common sense here. For example, if JR we're to lie about the financials would he show just a 50k 1st qtr profit? I bet it would be stated as much higher wouldn't it. Also, it's been my experience when pinkies lie there are usually bunches of exaggerated looking posts stating dollar amounts and the business is about to sign contracts for this and that or enter into JV's with other companies etc. We don't see that here. KMAG just hired a COO and a CFO. Most scam pinkies don't have them or any kind of staff. KMAG is hiring. One of our own actually met the CEO for an hour in his office. If this we're a scam, what CEO would meet with a shareholder? I could keep going but this should be enough to convince you that this is a legitimate business and what JR has posted to date is truly happening.
What he doesn't tell us is pure speculation. A CEO doesn't have to explain everything that goes on in his business every minute of the day. The share price is where it is now and will correct when it's ready to. There's nothing to worry about. I'm still buying.
Yeah, it's just a matter of time. 6 months from now all this conversation will be forgotten.
It's a pass interception. I have the check in my hand.
I don't see anything on the chart that would indicate to me that selling's about over. It could go either way. I'm buying so yes it's time to buy in my opinion.
Dustins your shirt is too big. Why should we listen to someone who wears the wrong size shirt?
Yeah, agree someone had to sell.
That's for sure.
Yeah, money surely could be made that way.
If someone has all of those shares, why not sell at a higher price then? There's something that's unknown in this equation.
...and there's still 2 months left in the quarter so it could more than that who knows.
Hey good point ... kudos to IHUB and KMAG too!
More funds are on it's way to my Etrade account. They'll be there tomorrow or Monday so could we put a hold on the explosion until I have a chance to buy more?
Hi Smakkdaddy, Don't fall in love with VPER. It won't love you back. LOL.
There's a lot of speculation on this board as to why the share price is where it is and odds are some one is correct. There's one thing is for certain though, "Our day will come" (song)
You forgot the snakes.
I like my job. I don't want to totally stop doing it. Working just 3 or 4 days a week along with traveling etc. will do it for me.
I'll be 60 in a couple years and will probably want to continue working at least part-time. Those extra KMAG $'s will be very comforting.
Hey good one Joey. I can't stop laughing. No money, what are they going to audit? Their field of dreams and all of that hot air?
Let's not just retire them, let's burn them.
I think you meant to say dollars in 2 years. We all make mistakes. Don't worry about it. LOL
It will happen and it may take longer than we want it to. Anybody here six month to a year from now will be rewarded many times over.
I believe moving to a higher board is going to require audited financials.
I would think company buybacks could begin soon. KMAG should have more cash. Company buybacks will reduce A/S and O/S. With the combination of Jeff and the company buying back shares, we should skyrocket.
I see we got news. That should bring a smile on the faces of all cry babies who've been posting here the past few days.
I have to go to work. I just want to say that if you invest in pinkies expect to be on a roller coaster ride. The tickets are expensive.
You're right Hugh, this a golden buying opportunity for me and anyone who want cheapies.
By the time they even read your complaint the share price will be up dramatically. Just do what I'm going to be doing, buy more. LOL
I think that's what's going on. Otherwise he wouldn't be holding back PR.
I think there's something hidden in this puzzle. I get the impression that JR is pretty well off and has enough funds to substantially reduce the float on his own. I think just maybe he's a good strategists about getting his price. I'm sure he's still buying back shares. IMO
So it does reduce the float...my misunderstanding thanks
I still don't understand the advantage for shareholder's when the CEO buys back company stock with his own money. It doesn't reduce the float as far as I know. The shares aren't being retired. I need more understanding. Anyone?
Zoneup, Maybe you should be in a different zip code. This stock is for true investors not for quick buck Hucks. Those who stay with KMAG are going to be K-rich some day.
You hit the nail right on the head.
That's fine, I'll buy more shares then. LOL
The more experienced players know that patience pays off.
I just don't like CEO's trying to micromanage stuff they don't have control over. Answering every E-mail and and figuring out when to release PR is time consuming. Like JR said before, the stock price will take care of itself in the long run. For those who are here for the short run, they could keep on running for all I care. (grin)
I don't really care for that tactic but if it works more power to JR.