So I'm not sure if their original going dark 15-12G filing from 4 years ago has anything to do with the out of the blue SEC suspension yesterday...but check out the verbage on slide 14 of this link below...as I have no clue if KMAG does have over 300 shareholders of record now...but if they do have over 300 SOR perhaps Jeff Reid didn't realize his SEC reporting obligations had been automatically re-instated because of it???
I personally never realized that a 15-12G going dark filing was really just a temporary suspension of SEC reporting obligations until I read the following slides...in particular slide 14 which may have something to do with why Jeff Reid didn't see the out of the blue SEC suspension coming???
"Thus, if the number of stockholders of a company subsequently increases to more than 300, a company’s SEC reporting obligations will be reinstated"
Love the trend not the stock - If you fail to plan your trades you plan to fail "Never buy or sell based on anything I post - my posts are just my opinion