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Friday, June 29, 2012 12:51:16 PM
Remember last quarter when our CEO said Q1 revenue would exceed 2012's revenue and then did so? Despite one poster 's false statement in calling JR a liar today, he's always been spot on honest with us. Despite another poster calling him an a##hole last month, he's doing all the right things. He is a unique, talented, driven man who is succeeding in spite of his critics. Look what we got from todays' PR.
* Our RFID production now has the necessary volume to receive discounted pricing. This will yield us better gross and net income.
* In just the month of May, revenues exceeded Q1's three months of revenues with "June's revenues are exceeding Mays".
* The PR today stated that sales are booked throughout the end of the year. "Continued development of products which meet our targeted market are allowing for very strong growth supported by orders that have been booked through the balance of the year."
The "market is efficient" on the big boards and not so efficient on the Pinksheets. Pinks always have huge runs both directions and must prove their worth to attain "real" company price valuation. KMAG is doing just that. I hope you hang on and reap your reward.
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