Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You need two years audited fins just to even get considered for an uplist. Probably more than 100k to have an SEC law firm walk them through the process. Don't forget, they were suspended for some reason, so audited financials will be necessary IMO
We would hope that every case is free from bias, of the purest motives and of proper origin. Money is at stake and the scope of the task is large. Inconsistencies will most assuredly arise. As far as we know, politics are not involved. The face of influence is not always the one you know well.
The filings are un-audited, The nature of the issue with the SEC is vague at this point. Time will tell
Still much work to be accomplished here, but the Q is a positive.
well spoken, I will stand with you here
The SEC has over-reached and been used politically in the past and will do so in the future, let's not play games. The great power it has been granted insures as much. The recent Q shows kmags stance regarding previous filings, opening some interesting questions up for debate. The plot has thickened.
Pure speculation at this point, Each case is unique, but that is only common sense
Conventional wisdom may not apply here, good luck to you.
An early Christmas Present, Sweet!! Time will tell, count them when you get them!
I would not tell anyone to buy this stock here. The grey market is sufficient warning. I will personally hold my shares here. Kmag has served my family well. I owe more in capital gains from kmag alone that most of the penny stocks I have risked money upon. (not many) I have many shares that I could sell at a profit even now, but the 1 in 1000 is more likely to be kmag than the others.
Can't talk the price down try trading it down. Hilarious
Speculation abounds. IMO, the key to this "case" is who bought the big block of shares from the company and manipulated the stock price and can the company substantiate their own PR's. The answer to those two questions will tell all. I expect the company will have an easier time substantiating their PR's than the other party will explaining the manipulation.
Great metrics for penny stock, audited financials coming?
Interesting guess. A little birdie mentioned something about a third-party pump n dumper being mentioned in a PR, have you found one like that yet? I have, keep on spreading it... Go Giants! NL all the way.
If you could prove that I would be your biggest fan, my gut feeling is you won't.
I take it back, you lost your rear in every trade? WhH, you should buy lotto tickets.
Everybody gets over-served sometime, it is not a disgrace.
posting irrelevant data does not help your case.
Nobody can answer that now, If you are not certain, then weigh your options.
nice try since you have no idea, good luck late to gamer
Actually, the charges may follow the no-action letter as in the case of emge. This is the most logical timeline IMO. I was involved with that case and the facts are eerily similar.
the SEC may pursue charges against Promoters and third-party Pump and Dump scamsters as well. Let's see where the investigation leads
If you were correct I would agree with you, stay tuned
So was emge, pr's involving stock manipulation, check into it
That Ceeker, you haven't been around long enough, send me your email in pm and I will tell you all about it
Stock message boards are not a good place for investment advice.
that is a blanket statement. Look at emge, similar case, different outcome.
Study emge case pal, striking similarities. Structure of the fraud, manipulation of the share price. There is one particular PR that points out KMAG's interest in investigation of manipulation... you haven't referred to that one yet, wonder why?
Psst, somebody might be pulling your leg, hilarious
What is your source for this information? LOL
Tenkay, people have bought this stock up and down the chart, traded it, shorted it, held it..
SEC more likely to file charges on the P&D promoters manipulating stock like emge.
You have half of the story now. The company knew a suspension may have to occur due to the nature of the issues being investigated. +5% shareholder pump and dump by third party promoters is serious business that requires getting the stock under control to protect the shareholder. Wait for the perp-walk some time after the no-action letter. .
The CEO has not offered any information to my knowledge, and I may know more than most. Information does exist from other well placed sources better left un-named. The SEC would never release information regarding an on-going investigation, of course. Certain relevant facts have been shared between knowledgeable parties. Not at liberty to expound here.
What do you know differently peggy? Are you playing the odds, painting kmag with a broad brush? produce any contrary evidence please.
Thank you Cassandra, it has been a couple years and the details escaped me.
It happened to emge peggy, i believe that third-party promoter was involved and possibly charged, I don't remember but information is out there.
one party claims a relationship, one denies the relationship. PR's were sent out by both parties. No-action letter will exonerate the innocent party. Other charges may be brought on third-party promoter.
What are you basing that statement on?
no-action letter from the SEC is coming IMO.