SLIPPERY SLOPE-DANGER AHEAD KMAG This is an old client that we represented a while ago. We sent many Alerts and Fridays Tips on KMAG in the past.
We received a large number of calls / inquiries on KMAG from shareholders who bought KMAG and or added to their position based on our past Alerts, and are now asking for an update. Unfortunately, we have attempted many times via email and telephone to reach the company however they appear to be evasive. We are of the opinion based on our experience, company evasiveness, trading patterns to name a few, that some form of dilution and toxic financing is taking place at KMAG.
For our followers to our newsletter we are providing this free update. We hold no position in KMAG in any format long or as a short whatsoever. For our followers / subscribers we would highly recommend exiting KMAG immediately until we can get a good overview of this company`s state of affairs.