KMA Global Solutions International (KMAG)

[DragonBear]

The investigation IS NOT OVER!

No evidence it is OVER. You want evidence? Have Reid issue the following statement:

KMAG received a Termination Notice from the SEC on dd-mm-yy, closing the investigation which led to the prior suspension.

If he has such a notice from the SEC, he can issue the above suggested statement in a PR. No regulatory agency can prevent him from releasing such a PR. No legal problems in issuing it. However if it's a lie, then he'd be in deeper trouble. So why is Reid unable, and apparently scared to issue such a PR? Spin away.

What does submitted mean?

How about letting Reid answer that question with another PR release. Instead of stating "submitted" without specifying who he submitted material to, let's see this PR:

KMAG attempted to submit a Form 10 to EDGAR 48 days ago, but the SEC blocked the upload to the EDGAR site.

Too spicy? Ok how about:

KMAG submitted a Form 10 to the SEC 48 days ago. The SEC will deem it effective in 12 more days

Why is he afraid to issue a PR specifically stating he has submitted the Form 10 to the SEC? Another way to hop into SEC frying pan. Spin away.