When people say KMAG is the typical Pinkie below are reasons why that isn't true.
Those who bash us come in and create doubt and fear so they can, in the case of Ike who admitted he wants cheap shares again, get the shares to drop on massive selling.
Some facts about how stinky pinkies typically operate (to contrast with how KMAG is being run).
A typical pink sheet stock CEO has been involved with many, many entities. Usually they have overseen other pink sheet stocks.
Many pinks tend to have changed symbols every couple of years due to R/S.
Many pink sheets will use PRs as a device to bring share prices up a tick or two on speculation so that diluted shares can enter the markets. Basically the typical no earnings pink stock is "printing shares" to get by. Maybe a pink sells a product? Problem is they will say that Amazon and some other small retailers bought the product...they may be right problem is you won't know how many units sold until you get the earnings. Many times the earnings report will show up late or not at all.
NOW...once you dilute by raising the A/S count and O/S is pretty high, the company will argue it needs to bring the count down via reversal. Problem is once the reversal happens and the new ticker name applied, company goes right back to more speculative news and dilution to the highest level...wash rinse repeat.
With KMAG this is the fact:
CEO could have easily diluted this up to the A/S and did not. Why is that? The bashers can't answer this.
The company reports EARNINGS. You can't report a number without risk of fraud charges, audited or not. Sorry, the Canadian or American tax agencies would definitely take notice and ask some questions...as a business owner myself that is not a risk an honest person would want to take. What a typical stinky pink CEO will do is project possible earnings. Jeff is telling us what we did...bashers can't prove otherwise so they argue he's lying (yes Ike, you are calling Reid a liar).
The bashers will say why hasn't the company announced a big fish contract? Well...I can't answer that but since the CEO has done nothing to make me question his integrity, I will have faith just on earnings growth alone. Fact: KMAG owns their patents. We could easily see long term growth on the company licensing tech to other big companies to sell to big fish clients. This is something bashers neglect when selling their "claims".
The basher will tell you earnings are unaudited...again, see my second point. Even if Jeff waits on uplisting and stays in the pinks for a longer time, you can't MAKE UP NUMBERS without getting sued for it. Fact.
I can keep throwing real world facts out there. I've been a bagholder a few times and I've made money on other things. The fact is this is a real company with real earnings.
Fact: If Ike and his ilk didn't deep down believe, why does he want the shares back down to .006 so he can buy more (his words btw)? He believes that it will go up or why would he want to buy shares even at that level?
