Wednesday, August 19, 2015 10:03:50 AM
Both were registered stocks. KMAG is NOT a registered stock. One became defunct.
And it should be noted EDVP was bought at 0.001/shr in Nov 2013. Must have been a comfort to SHs who bought it at 0.21 prior to its suspension. No doubt KMAG SHs who bought into the hype at 01 would also be thrilled to get 001? Parallel essentially used it as a pink shell. And yes once again, we have an example of a registered stock. KMAG is NOT a registered stock. Yet another reason speculation about a merger in the past was bogus.
The key word is "trying". Where FINRA will not approve the 211. As in the SEC still has problems with this stock. Note also, MIK* filed a Form 10 to register the stock. Jeffy-Duncan, and KMAG did NOT.
So far it has been nothing but apples&oranges comparisons. Attempting to compare the unregistered stock KMAG to 3 other registered stocks. One came back, another defunct, and the 3rd bought out as a shell. But all were registered when suspended. Only MIK* was unregistered, and the CEO has at least made the effort to register with a Form 10 early this year.
Until Jeffy files a Form 10, KMAG stays where it lays on the greys. Wonder why he doesn't file a Form 10? Quiet is best for him.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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