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Re: greentim post# 156189

Saturday, 05/18/2013 2:13:07 AM

Saturday, May 18, 2013 2:13:07 AM

Post# of 232508
IHub admin has often said to me, "Attack the post. Not the postor".

So's not to be confused, this is exactly what I am doing. Attacking the post:


longs are giving mr reid a pass on issues and topics they should not at this point ..... fact



That is an opinion. Not a fact.

Mr reid holds a % of many peoples money in limbo....fact.



Again, that is an opinion. Not a fact. Mr Reid is not holding a single person's money against their own will. Dissatisfied investors can sell at anytime. They may not get what they want, but they can still sell. Now, that is a fact.

mr reid does leave his faithful longs wondering when he simply could explain why he got suspended and what he is doing to correct the situation.....fact



While JR does leave longs wondering, it is still only an opinion that he can explain why. That too, is a fact.

mr reid has hardly done anything good for his shareholders that can be labeled as a fact since the suspension and i could argue before the suspension as well....fact



The first half of that I will agree is a fact. The second is only an opinion. Prior to the suspension, and particularly prior to the 37.1M share buyback, JR did much to build a base of info that even to this day, longs refer to in maintaining their reason for remaining longs.

the volume on this stock is pathetic but is to be expected on the greys...fact



Yet one more opinion.

Fact is, greysheets has had nothing to do with the low volume this past week. Rather instead, the anemic volume is more indicative of investor sentiment. This past week has set a record volume low since KMAG's re-emergence into the RFID industry. This is no small thing, and while some may construe it as pathetic, others simply see it as consolidation in it's extreme. Let's face it, little more than 700,000 shares traded this past week, and for a stock with an easy 500M float, that says a helluva f'ing lot!

Sure, the current pps sucks. And yes, that is a fact. However, it's clear that not even 1 in 700 this past week (700,000 shares x 700 investors only equals 490M) are willing to throw the towel in just yet. That too, is a fact.

Given this past week's anemic volume, it is easy to deduct that the vast, vast, VAST majority are headstrong in waiting for payday. This also, a fact.

Of course, the size of that payday is purely opinion, but that it is coming, is not. Just because KMAG is currently grey in no way whatsoever means that KMAG can't find another way to trade more affluently. Especially given the impressive debt-free, cash-flow positive revenues.

Now, in terms of authentic educated opinions, my guess is JR won't announce a word until he has already purchased the KMAG r/m candidate and is positioned to make the shareholder conversion in reasonable time.

And again, IMO, I think he has very recently signed the final r/m papers and is now entering the stage of setting up the conversion.

One reason I 'believe' he has already acquired 'a candidate for r/m' is simply because it's a sound investment (which debt-free, cash-flow positive KMAG can afford to do), regardless of whether it becomes needed, or not. In the event that the SEC simply remains azzholes and refuses to issue the NA letter, he's already prepared. Maybe even has been for months. Which might also explain the extremely high amount of confidence portrayed by extremely low volume trading and a rather VERY silent 500M+ float.

Again, let's face it, 500M+ is a large float, and much more than what can be accounted for by people on this board.

Someone(s) knows something, and 'someone' is holding for a reason. In the stock market, that reason is usually a big, big payday.

Methinks JR is waiting until he can issue news that creates a gap-up and run that never looks back.

A gap-up and run that makes news on all levels.

The kind that even institutional/hedge funds buy into and help with the run.