DD Support Board and Research Team

[DragonBear]

Still trying to decide whether GTGP or

KMAG has the bigger cult following

In my limited delving into the hobby of following scams, I've never seen such a cult following as KMAG. It far exceeds anything I experienced with LLEG.

All indications are you have a CEO who collects royalties from licensed patents, and sticks it into his pocket. Where he sells stock on the side for extra income, and to fund his paper office he might visit a couple times a month. BTW - the office is leased from "month to month".

From all indications KMAG has absolutely no owned manufacturing, and likely no outsourced manufacturing in North America. Yet they describe themselves as a "manufacturer".

In order to account for all past stock issued or potentially convertible from Preferred, they need an authorized share count of 848M. Instead it's at 750M (down from 1B in 211). In 2011 434M shares issued to "someone" in exchange for a $294K debt. In 2012 the CEO grabs control of 625M in exchange for a $383K "loan" he had made to the company. Coincidence between the 2 draws?

Product (produced in Asia with the royalty kickback) are two "tags" based on the older EAS technology.

What the cult answers with is basically what registered with them from the company PRs. If the CEO said "Factory (A)", and "Factory (B)" (his actual phrases) shipped tons of product that's good enuff for them. Don't ya dare ask where those factories are located, number of employees, product produced etc. Their CEO under investigation for fraud told them these truths, or facts! And damn it, it's time to buy more stock!!!

Either naivety has reached a profound new level with this group, or the majority are pumping like wild in the hope of still getting out with a profit. It's going to take one huge pump to generate the volume required. I do feel sorry for any getting sucked in deeper by the cult.