MedSmart Group Inc (MSGP)

[RDG013]

Bean, what you have to remember is KG is not a daytrader like so many on this board. He is a new CEO trying to get his vision off of the ground. If the Lionheart PR and what Ken has told us is true, the company is not flooding the market with new shares for funds, as they have $500K from Lionheart. These funds were meant to get them operational and that is exactly what Ken appears to be doing.

As for the CE, it was not his fault it was there. He is getting the financials updated and that will be removed in due time. Of course all of us want that today, but my bet is since Ken is not selling shares, he is not overly concerned about the timing of that, as long as it gets done properly.

Of course, many comments about the share structure and his total holdings. Well, he has it set so he has majority control. If/when operations really take off, his shares are locked up for the most part, so we do not need to worry about churning through them to increase our PPS. Sure he could do a big R/S to bring it all down, but what is the point at this time? I for one do not care about the actual PPS, I care about the % we can run and with the right news, multi-1000s% is indeed possible. In fact, more possible than if he did a huge R/S, as that would take some of momentum players out of the equation when the time comes. going from subs subs to the .01s is far easier than going from the .10's to the $10's!

He is not releasing fluff PR's but simple weekly updates that are keeping the shareholders informed about how things are progressing.

Anyway, once you come to terms with Ken not being a daytrader, you may be able to calmly watch the plan unfold.