KMA Holding, Inc. (MCDA)

[rocky301]

shaneless,

you are welcome. A couple more thoughts to further explain.

as a non-reporting pink as TSHL is there is good and bad. The good part of the pinks for management is the fact they basically have no rules. They can add shares at any time without shareholder approval and need not file any financials or other info regarding transparency. The bad news for management and the Company is they have a very limited path to obtain money for operations except the 504 route which they can use to obtain $1MM in a 12 month period. My point, IMO the only reason TSHL would want to be reporting to the SEC or under the umbrella of a company reporting to the SEC is MONEY. To be a SEC reporting company shares are registered with the SEC and enables the Company to solicit funds from venture capitalists for private placements, convertibles or any other types which they cannot do as a non-reporting company.

Do they want to uplist because of all the major headaches, compliance(Sarbanes Oxley) and expense involved with being SEC reporting? I highly doubt it. To further mine past the private land they are mining now it will take a pile of money. If they expected boat loads of money coming in soon the pink sheet forum would be plenty of exposure to increase pps. No matter what exchange TSHL might trade on the bottom line is profitable results for shareholders, without that they go nowhere on any exchange.