I repeat:
"New material filings are anticipated, so to ensure in the future that current shareholders have the transparency they deserve, we have created several new social media outlets to enable the viewing of these releases."
Going out on a limb here, I'm gonna say Reid has finally grown weary of conventional bureaucratically inept and dysfunctional approaches to (re)uplisting.
It appears that for the last 18 months, he's been practically forced into silence by the corrupt bureaucratic powers that be, under the pretense that if he remained silent, it'll help them do their job more effectively, and help expedite the (re)uplisting process.
Obviously, 18 months later, this has all been typical bureaucratic hogwash, maybe even due to inner-office cronyism and corruption not untypical of bureaucracies.
The old saying goes though, "You can't keep crème from rising to the top", no matter how much (inept/corrupt bureaucrats?) try.
If a company is legit (though stifled on trivially legitimate grounds), it will still find a way to continue, and grow. Thrive, even.
Especially if that company is profitable and financially capable!
(Worse comes to worse, our judicial system (and 12 investing jurors) allows and provides for this, if and when absolutely necessary.)
So, here we have an 18 y/o company well established in the rapidly growing RFID sector, that has never done a r/s to 'wash/rinse/repeat', and still has an o/s well below 800M, whose CEO has never been found questionable before, and who owns approx. 1/3 of that o/s.
A debt-free, cash-flow positive (by last accounts) rapidly growing (again, by last accounts) RFID company that has never r/s'd it's s/h, after 18 yrs.
KMAG being sent to the greysheets is reminiscent of the man sent to death row, who even after years of death row and the people who sent him there, was finally exonerated to life.
It happens, people. Not everyone is guilty of the punishment they've been sentenced to.
Some people/companies get exonerated.
Fact of life. Don't like it?
Tough chit!
KMAG exoneration is coming. Like it, or not.
Plain...
...and simple.
