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Monday, September 17, 2012 5:38:40 PM
Form 211
It basically asks the Broker dealer if they have confidence that the disclosures made by KMAG are accurate. The fact that KMAG is under or will be under an audit soon should help with this.
After that form is approved by FINRA the stock can be traded through the OTC market again. Feel free to review the form. It is not a difficult one to understand.
Any lag between this FINRA approval and the 10 days suspension is the GREY market. It will be very diffcult for anyone to establish a value will we are in this phase.
This is were a good lawyer means everything.
IMHO Disclaimer.
I have not audited or reviewed the accompanying financial statements and supplementary schedules and, accordingly, do
not express an opinion or provide any assurance
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