AI
Thursday, May 03, 2012 12:20:53 AM
I have been doing some DD on Min*, they seem to be involved with a lot of stocks that do heavy dilution (It seems to be Min* group doing the diluting in the background). UNQ*,EVD*,ZNT*,KIN*,ADH*, and the list goes on.
It looks like Min* group may be the ones that got all most of those companies to go public through mergers kinda like what KMAG did. (read bottom to understand if you haven't)
But the next thing is what KMAG did DIFFERENTLY than all of those stocks, they are a real company with actual revenues and real contracts. They said no to the dilution that Min* was trying to do. Thus you saw the big shift in attitude from Min* towards KMAG as seen in the post that random made.
Min* is now accusing falsely accusing KMAG of dilution, something that we can prove Min* group does to many if not almost all of the stocks they have been involved with.(KMAG being one or the only exception)
KMAG WILL PREVAIL!!
The bottom here is a copy from my earlier post. Please read if you haven't.
------------------------------------------------------------------
That is weird, there seems to be some tensions between the Min* group and KMAG.
Here is some stuff about them.
KMAG
438 Gibraltar Drive
Unit 11
Mississauga, ON L5T 2P2
Canada
-----------------------------
Mina
5155 Spectrum Way Unit #5
Mississauga, ONT L4W 5A1
Canada
They are located exactly 6 miles away from each other, so 14 mins according to Google maps.
Maybe KMAG used this company to go public back in 2006 as you can see in the following quote from a previous PR in 2006.
Company Files Form 10-SB
MISSISSAUGA, Ontario, Mar 30, 2006 (PRIMEZONE via COMTEX) -- KMA Global Solutions International, Inc. (Pink Sheets:KMAG), formerly Espo's Ltd., announced today the filing with the U.S. Securities and Exchange Commission of its Form 10-SB to register its common stock pursuant to Section 12(g) of the Securities Exchange Act of 1934. This registration document provides a comprehensive description of the Company's recent change of control as well as a detailed explanation of its current business model, including audited consolidated financial statements for the year ended January 31, 2006.
On March 10, 2006, the Company entered into a merger/reincorporation with Espo's Ltd., a New York corporation and retailer of aquatic sporting goods and athletic apparel since September 7, 2001. The Company, as the surviving corporation, completed a reorganization pursuant to which the former Espo's Ltd. ceased its business and transferred its assets and liabilities to entities that are unaffiliated with the Company. The Company was reincorporated under Nevada law as KMA Global Solutions International, Inc. and appointed a team of experienced executive officers and directors, including Jeffrey D. Reid as Chairman, President and Chief Executive Officer. KMA Global Solutions International, through its operating affiliates, provides Electronic Article Surveillance (EAS) solutions for retailers and consumer product distributors worldwide.
"We are very excited to become a fully reporting public company and believe that this is an ideal time for us to gain exposure within the U.S. financial markets. The success of our proprietary DUAL Tag(tm) and NEXTag(tm) products and the expansion of our customized product offerings in a variety of large industries provide great potential for incremental revenue growth. We remain committed to optimizing the dynamic success our existing EAS applications and high speed processes, and intend to further develop our other innovative EAS products to include leading RFID technology," commented Mr. Reid. "Our rapidly growing list of clients worldwide and our reputation for on-time delivery in the industry are driving our international expansion."
2006 Announcement Link
The following is a quote from the Min* group website.
Do you have a great privately owned business that you want to take to the next level?
You can go public for as little as $ 88,000.00.
No hidden costs this is a complete price.
Includes Adequate Disclosure and subscription to OTC Markets for 6 months.
Companies offered are not "shell" companies as defined by Rule 144
No DTC issues, Most are DWAC eligible.
Minimum "Yield rank" on OTC MARKETS with the purchase / merger.
No audited financials required
What KMAG did is in no way wrong, but what I think happened was that Min* group tried to take advantage of KMAG when Jeff got sick.
Actually if what Smitter stated is correct, this group may have been the group who did the naked short on KMAG. This would then give them an opportunity to buy over 100million shares at a very low price after the naked short. (Only a possibility, unsure of this part yet.)
They were the only ones who could have been capable of knowing when to do this to KMAG due to their close ties with the merger they provided.
If you look through their website, you can see that they have an investors area. It seems that they get investors to invest in the companies they help go public, so they have a good eye on all those companies. (That usually at a later time also involves Min* group diluting in them, as can be seen in what they tried to do to KMAG.)
It looks like KMAG got back stabbed hard on this one.
