KMA Global Solutions International (KMAG)

[DragonBear]

Is the pr regarding the license to r-pac?

The divestiture was essentially a sales office in HK.

If it is, it looks like only the EAS was licensed to r-pac, ie: the "1 bit" tags

Only? Outside of the Gemini tag, Reid only had EAS technology to license to rpac.

This is the higher tech tracking/inventory control/security RFID tags.

Of which Reid holds no patents for, and KMAG has no manufacturing capability for. You are just not going to see KMAG ever outcompeting Motorola for supplying biometric tags to the military. KMAG has nothing to compete with!

Reid tried several years ago to set up North American manufacturing, and failed. Reid's problem coming away from that was: How do you realize royalties for yourself? How do you get the royalties before the EAS technology is largely abandoned by the industry? rpac solved that problem for him. Between the royalties and his salary one might guesstimate he is depositing $1M/yr into his bank account. Before the SEC came into the picture, he had a very good set up: Ride the EAS technology into the ground as a rpac distributor, receiving royalties, while selling his stock to the market. Issue an occasional cut&paste about how the RFID industry is to boom. Skip over the details that KMAG is not a player. The herd buys the stock.