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When JR releases a PR showing hard evidence of "real shares bought back" which will decrease the O/S and the float we will fly over .01 and not look back. 99% of pinks never show the true numbers of shares bought back. So in KmaG's case we would be doing something that rarely ever happens.
Another possibility in the near future we might see is news of an up listing to the OTCQB just to get KmAg off the pinks. We all know the ultimate goal is to get to the QX but the QB is a stepping stone and would show progress to investors. Also if i'm correct the QB requires audited financials. It might also trim some of the manipulation we have been seeing with KmAg. Only a matter of time here boys before the explosion happens. Go KmAg!!!!!!
Hey man i'm right there with you buying more if we dip into the .002's. Just don't be surprised if JR drops a bomb of a PR and we shoot to over .01 in a blink of an eye. So either way its a win-win!!!! Good luck!!!
Followers up to 610. More eyes on KMAG then ever. The number just keeps growing by the week. Seems like every week we gain an additional 10 followers. Jeff is putting together all the right pieces so its just a matter of time b4 the PPS follows suit. Go KmAg!!!!
Welcome to the board. To answer your question about Jeff working alone. He recently hired a COO and CFO that he knows personally for many years to help him with the financial side and the everyday business operations. I believe those 2 people he hired were mentioned an described in 2 separate Press Releases within the last few months. Just look through them and you will find out the information about them. Both have many years of experience and know Jeff personally. Good luck!!!!!!
LoL that's a great picture. Hopefully that is not you sitting there. Even if it is you i'm sure the next train would still be worth your while. It might cost a some more $$$ but still worth the price of fare LOL.
This company has huge potential that just needs to get out of this stinkin' hole the PPS is stuck in and then we are off to the races and the sky is the limit. Not many pinks with a legit business and real products creating revenue and turning a profit from it these days. Good luck.
Good luck on the .002's. If it dips that low again i will load more myself. There is a small possibility it does dip. It also could take off any day. Hopefully you don't miss the train bc it is ready to leave very soon. And when it does it's going to move mighty fast. The unfortunate ones who waited to long will be left with their hands in their pants. Good luck to you on the .002's. Go KMAG!!!!!
Jeff recently lowered the A/S from 1,000,000,000 to 750,000,000 why the hell would he raise it now??? He has not diluted any shares into the market in the past few months. Even though there is room in the O/S to increase the float. He has not increased the float!!!!. He stated in a Press Release that said the company/himself would be buying back shares.
KMAG has positive revenue that is growing nicely each quarter. They have no real reason to increase A/S at the present time. If we go out on a limb then one possible scenario that comes to my mind would be for potential acquisitions or something along those lines. But highly doubtful at the present time IMO.
Bringing up ideas that make no sense like you have is pointless and scares potential investors. IMO
Incredible potential in KMAG and at the current PPS shares are a bargain. Looking forward to a nice update from Jeff any day now!!!!
M & M is known by many people who have followed their stocks over the years as scam artists. They have lost many people tons of money on their scam shell stocks. They promoted shell companies that they have an "interest" in. Everything from G0*G to V*TY and so many more. All were shell companies with NO revenue and promises of huge Reverse Mergers. They would send out big bloated PR's that included exaggerated and misleading info that would materialize to absolutely NOTHING. Almost every single company I have seen them involved with always ended with the PPS tanking to .0001 and a Reverse Split. What does that tell you about the type of company they were???
M & M is the biggest culprit of manipulating PINKY stocks. So it is no surprise they are pulling this crap with KMAG. They have a vendetta against KMAg bc Jeff would not sign on with them. They think Jeff owes them something bc they claim they brought in volume to KMAG. Now they are attempting to badmouth KMAG. IMO i think their dirty manipulating tricks is what has contributed to the fall off KMAG's PPS recently. I do not have any proof of this but it is just my humble opinion they are to blame!!!!
Then they have the audacity to put a message on twitter claiming KMAG is a scam and our CEO is a liar???? Are they serious with this??? KMAG as we all know is prob one of the most legitimate companies that most of us have ever come across in Pinky Land. With an honest CEO who follows through on what he says.
It's ironic M & M is for sale....the OTC will be a better place with them out of business. All they have ever done is scam novice investors out of tons of money. I truly despise M & M for who they are and what they represent.
Go KMAG!!! We might have lost the battle recently but there is no question that we will prevail and be victorious in this war!!!
.10 here we come!!!!!
Patience will pay off here there are too many things going "RIGHT" for a company like KMAG in pinkyland. We are doing things no one else is doing....Posting positive revenue, no debt, no dilution, share buy back, honest and communicative CEO, a real product, and a good looking business plan. We will fly but we are still waiting for the big investors to push us out of sub pennyland. Go KmAg!!!!!
KmAg is the hottest and most talked about stock in pennyland at the moment that also has the most read board on IHUB right now with over 600+ followers. I have a theory that many investors who made or are on pace to make big profits on the recent ICP* run-up are going to be looking for the next 10-20+ bagger. (Most are still invested in ICP* still and will be until the decline begins) My point is to keep a very close eye on ICP* and watch when the PPS starts to decline rapidly and selling volume increases to an extremely high volume. These newly made deep pocket investors will look no further than right here at Kmag for its next 10+ bagger. It is a golden opportunity to load up at its current super low and undervalued PPS. Big money will be unloaded into KmAg that would give us one thing we haven't had here in a while, some good old fashion MOMO driving the PPS sky high once again!!!! We would then bust out into pennyland .01+ and beyond easily.
It's a theory IMO but it is def something to keep a close eye on when ICP* starts to decline rapidly and selling volume is heavy. If we can't move up from news, PR's, and filings. Maybe it will take some good old MOMO from investors coming off recent big plays like ICP* with newly made deep pockets ready to load the boat full of KmaG shares.
Anyone else agree that this is a possible scenario in the future for KMaG????
I'm trying to identify all possible ways KmAg can move the PPS higher without the traditional Pr's, news, and filings. MoMo baby!!!!! There are so many eyes on us right now that it is only a matter of time before they start pulling the triggers and shoot us to the sky and beyond!!!!!!!!!
I bought in a 2 weeks ago and have averaged down ever since to what I hope is finally a bottom @ .0036. The followers on IHUB for KmAg have been consistently growing, up to an amazing 592 now. That is almost 30+ new followers in 2 weeks. This is fantastic bc it shows more and more eyes are on us. Anyone who reads the DD on this board combined with the recent PR's and Q1 filings can easily fall in love with KmAg and its future. KmAg is one of the most legitimate companies in Pinky land with a honest CEO who communicates with shareholders and follows through on his word.
IMO i believe Jeff is waiting for the perfect time to release this Monster PR either this week or the latest next week. Maybe he is waiting to see a solid bottoming of the PPS, just like the "buyers" are currently waiting for. It would inspire confidence to those who hold the stock. Finally the BIG PR directly increases the PPS substantially and holds the gain.
This would have a substantially greater impact if the PR includes the "buy back" #'s. Most investors in the pinks rarely see a PR'd "buy back" actually followed up with calculated #'s in a future PR. If Jeff can provide #'s in a PR proving he decreased the shares in the float and O/S, this would be huge!!!! It is unheard for a typical Pink sheets company to do this usually they state they will be "buying back shares" but are actually diluting instead.. Many traders/investors would then alter their typical "pinky" strategy from flippers to medium term swing or long traders. This would raise the PPS some but whats more important is that it will hold those new highs and create a new base for the next big leg up.
I was just specifically pointing out about the "buy back" news but I do realize it is still only one piece of all the great news from coming from KmAg.
Our CEO is a very intelligent business man and has surrounded himself with 2 new experienced company officers to aide him in building a multi million dollar company. Sit back and hold on real tight bc we are gonna pull some G's on the way up to silver and higher!!!!!! This is a golden opportunity for new investors to load up and also for current shareholders to add for crazy discounted prices. Its just a matter of time before we break this downtrend and then the sky is the limit. Go KmAg!!!!
265k on the bid @ .10. Looks like we have a solid base now to move up from here. We can still move up more today and/or gap up nicely tomorrow AM as well.
This is just the beginning.....market cap is still under $1mil. Way undervalued!!!!!
About damn time LoL.....better late than never. i did say there was gonna be big newsletters when we finally got the news!!!!! I can almost guarantee its VERNDALE. Remember the addresses were the same in the filing a few months back.
Sounds a lot like verndale to me....finally everything is coming together. Hopefully we can continue this run beyond the pre split price.
Snizz is making all valid points. The company at the moment is a shell that is trading on low volume and is in the hands of the MM's. The PPS is sh*tty we all know right now. Now is the time to load up if you have the $$$ and you believe that Levy will work his magic and complete this R/M.
There is currently no reason why SnRy should be trading anywhere near $1 bc the company has NO true value, it is just a shell. We are all here investing on a potential merger. Getting in on the ground floor b4 the BIG news makes SnRy explode. It's a ticking time bomb with the such tiny float. When that is complete then we can get a better idea of the true value of the company. Till then are hands are tied and we will continue to trade sideways.
So don't expect any drastic increase in the PPS till something is released- 8k, news, or symbol change. I expect all 3 to happen very soon.
Hey Penguin the market cap of SnRy would only be $7 million if we traded at $1.00 and $14 million at $2.00. Assuming the O/S is still 7mil. That is still a low market cap for the company we are all expecting SnRy to become. All things aside Levy would not be orchestrating a merger that has a market cap with anything less than $10mil in my opinion. Looking at his past track record!!!! What is everyone else's thoughts on this????????
Check out other OTCQB stocks that are legit/fully reporting companies (which we expect SnRy to be) all have market caps over $10mil+) Remember how super low our O/S is only 7mil!!!!!
The market will value the company much higher when the merger is complete and the new company releases its new business plan. From that point we will be trading much much much and i stress MUCH HIGHER than we are now. No doubt about that IMO. The only possible reason we would not trade "much higher" is if they dumped a ton of shares but i highly doubt they would add so many shares that it would negatively effect the PPS.
Lets get this show on the road already!!! News coming any day!
Those were 2 awesome posts Bucks. I agree with Penguin you def are fantastic at providing phenomenal DD for all us to read here. I can't wait to read your DD posts after illusive super 8k comes out.
Some very interesting things to look forward to in the coming weeks. I really think Verndale would be a great fit for snry. I would assume we would see a symbol change as well???
Looking at the big picture Verndale could only be one piece of the puzzle. Who knows what other news they might drop alongside the R/M. Who knows we might even see an Advertising/Promotional campaign to go along with it, which would undeniably draw some big attention and skyrocket the PPS!!!!
Anyone who still has doubts bc of the current low pps, just remember how meticulous this company has been about their filings the past year. Every single one has been filed!!! They all have been written with extra care and extreme details that is rarely seen in otc stocks. Especially with companies that have a market cap of 280k like we are now. Which is ridiculously mind blowing LOW.
All the steps have been taken by SnRy the past year to ensure transparency which only means only one thing, why go through all of this if there was not a reason. Something big is on the horizon. Hopefully this is our week boys!!!!!! Hold on tight because the countdown has begun for lift off!!!!!!!!!!!!
I can't wait to see the headline on IHUB SUPER 8K is out
Hey Penguin I share the same concern as you, I hope the PPS sees a minimum of $1.00 because anything lower and it would be a disappointment. Good luck to everyone! Go SnRy!!!!
I know it has been mentioned before but I can't stop thinking about this. The address listed clearly in the most recent 10q for SNRY is:
"2500 Regency Parkway
Cary, NC 27518" (Addresses of principal executive offices including zip code)
That is the exact same address that Verndale has listed on their website as one of their two current locations. www.verndale.com (lower left on main page)
There is no way in hell this is a coincidence here. They have the same address!!! No other way to put it but this has to be the new company. Why present this address on the 10q if it is currently being used by another company. That just happens to be an internet marketing company!!!!!!
This is going to get very exciting in the coming weeks when all the pieces come together.
APRIL IS HERE!!!! From the most recent 10q filed:
The Company has pursued plans to acquire the assets of an Internet marketing firm. The company has signed a definitive agreement and the close of the acquisition is scheduled for April, 2012. The company anticipates the closing of the acquisition pending the ability to secure the necessary capital.
I know all of us longs have seen this. Just wanted to post this for all potential investors to see that big things are around the corner for SnRy!!!!
Your so right bro......Nothing we can do till we get the news. From there then we can do some DD on the new company. Things will get more interesting and def more exciting at that point. And by then maybe we all can regain our losses and actually make a profit when all is said and done!!!!
Right now it honestly sucks bc we are all down $$$ and still waiting. Realistically how much longer can they keep all of us waiting? We should see some sort of filing soon. Its been over a month since the last one. What im looking for is a big Press Release along with the filing of the 8k. That would draw big attention and move this PPS out of the gutter.
Its still mind boggling that we are so low after the split. Why did the MM's push the ask so low after the "D" came off? Currently at a $200k market cap is absurd. We should be over $10mil market cap with a solid company producing consistent revenues. (possibly Verndale)
Has anyone contacted the TA to make sure the O/S and/or float are the same since the split? Bc then we can atleast know for sure the company is not selling shares.
Pre split was def better than post split. I was and am still expecting to rise above pre split levels. But to answer your question, I was a lot happier with my account with pre split price than where we are now. I'm sure we all can agree on that.
With such a small float and some R/M news we can move very quickly past those pre split levels.
Sorry for your loss Bucks
Your post is very encouraging and makes some very valid points. You def hit the nail on the head, that with some strong buying pressure we move up quickly due to the low float. At first when I saw VERT on the ask everyday continuously bringing the ASK lower and lower I was getting worried. It seemed like the company was selling shares. After reviewing everything I came to the conclusion they are NOT selling any shares. Its just the MM"s have total control with no buying pressure currently.
Very interesting that Verndale has not answered anyone back concerning the possible R/M with SnRy!!! They do make an excellent candidate for a R/M. The DD posted on them is very exciting, growing revenue, increased profit, and additional employees for the past 3 years. Question is how much longer will we wait???????????
Another exciting day!!!!! So much for releasing the LOOOOONG awaited news at the time of the R/S occurred or when the "D" came off. This should be the week when we finally see it. Its been many many months waiting for this illusive Super 8K.
Since the split everyone is down big $$$$ including myself. I'm not very happy where the PPS is at the moment.
The only thing that can change all this is the right news of a R/M and this PPS will be history. But how much longer are we going to have to wait now??????
I am in total agreement with you on how SnRY did not dilute a single share when they had the opportunity too b4 the R/S. But VERT is a know share seller for companies on the OTC. Everyday since the R/S we have seen 80%+ buys on the Ask. So where are all these shares coming from on the ask. Especially VERT with 5k shown on the ask who has continuously been smacked for over a week and will not budge.
So what is everyones conclusion here on why is the PPS being held down so damn low. Even with consistent buying pressure the last week. We better see this Super 8k within April. I will be looking at level 2 closely tomorrow!!!!
Thanks bro.....someone def got caught with there pants down and loss shares at ridiculous low price today. Everyone else who sold today sold for a loss bc there was no buying opportunity that low ever to turn a profit.
Like someone on here said the other day "Things are going to get volatile with such a low float" in both directions down and up!!!
Could be that person on the ask with 127k dumping some of their shares too. I didnt get a chance to look at level 2 today. Was Auto still on the Ask at .32 with 127k???? I think that is 2 people not 1 using the same MM "Auto" bc Wedsneday as soon as 930am hit level 2 showed 64k and then within the minute jumped to 127k.
The drop in PPS was not the 30th birthday present I was expecting today from SnRy, Fann, Lev and company LoL.....I'm not really surprised or to worried about the drop today in the pps till the filling and merger are released. Notice that 66k buy at eod???? we should recover some tomorrow. News will come next week!!!!
Maybe the winning ticket to the $540+ million "mega millions" in NY will be the real gift for me on Friday LoL......In that case I would personally guarantee the PPS reaches well above $10.00 for SnRy!!!!
Etrade converted the shares finally!!! Lets see what happens on first full day of 5.6mil float!!!!
It means nothing they are just trading air shares right now. No broker actually has the shares yet. So until the brokers get the "Real" shares and the R/M is announced the trading we see is irrelevant. Plus that wall at .32 seems to be there for a reason i think. Someone does not want it to go above that price b4 the merger with the new company.
So unfortunately there is nothing we can do but sit back and wait another week or 2 till the story unfolds for SnRy!!!! Besides the impressive findings that a few of you have brought to our attention on the possibility of a couple potential merger candidates that seem to fit the bill for SnRy!!!
I just spoke to Etrade again and they told me that there is a "swing date" (that is the term he used on the phone) which is 3 business days b4 the shares will be converted. They said I will have to check daily with them to find that date.
So basically they will know 3 business days ahead when the shares will be converted.
Wierd bc he has been there on my level 2 since 930am and has not showed up on yours. AT 954am
He still shows up on my level 2 on etrade Auto 130k @ .32 and Nite 5k @ .32
Looking forward to your findings!!!
Bid up to .23 that is good sign! It might take another week or two till the shares get converted and we finally here R/M news. April 5th i believe is the day the "D" comes off. Very possible that will be when everything comes together. Anything and anytime it is possible as we all have determined.
For now all we can do is sit back and wait. Nice to see a few new eyes on SnRyD lately.
FLOAT is 5.6mil according to the 10q....that is 1.5mil less than we had assumed. Not to shabby!!!!
So what does that mean??? Etrade has the shares??? or Fann is incorrect in saying they were to be delivered electronically. Maybe Etrade won't accept the shares electronically??? I dunno I'm gonna call again tomorrow AM saying the CEO said the shares would be delivered electronically and see what they say???
Was that in the 8k too???
Did anyone else notice this part in the 10Q.....
The annual lease rate for the building is $5.00 per year. If the Company creates 200 or more permanent jobs as a result of its activities in South Carolina, it will be able to purchase the building for $1.00 at the end of the 3-year lease term. The company is continuing its efforts to create the required number of jobs by the end of the lease term. "The company is in negotiations with another company to fulfill its obligations."
Don't know if it matters much but it does make mention of dealings with a new company????
The QX is def NOT a typo, it has been printed twice now in 2 separate filings the 8k and 10q. This is a great sign for us. Stocks that trade on this exchange have a much higher PPS. It is very realistic that we can trade as high as $10+ when the new company comes in with such a tiny float. Even if it just spikes to that would be freaking amazing!!!!!