Wednesday, April 10, 2013 1:18:52 PM
Is it?
What are some meaningful "make or break" items? Embed an announcement all SEC concerns around the suspension are resolved. Lay out a time table for up listing, presenting audited financials up front. Give managerial guidance on expected sales and net profits for the coming year. All of this would be cause for celebration.
Do you expect the above? More likely he'll file something in Apr (or May) reporting the expected $700K net profit for 2012, paying down the shareholder debt (salary and back royalties owed to Reid), with no accrued shareholder value added. Also likely the financials remain unaudited. The expected reaction on this forum would be spin. How wonderful that he filed something. There would follow the usual wild predictions about sales in the coming year. The audited financials are just delayed. Typical chants about up listing "soon".
Chances are there is no make or break time deadline on this forum for KMAG. As long as Reid doesn't report anything materially negative, the speculation continues.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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