KMA Global Solutions International (KMAG)

[museman]

Very well said gatemate. It has been discussed how the government agencies involved in KMAG's situation may not be inclined to finalize procedures. The most compelling argument made by lowman and others is that the SEC could open itself to the possibility of lawsuits if it were to admit any error on it's part. In that case it is disconcerting that they would lead the company on for months with continuous hurdles to no avail. Now the suggested resolution via a reverse merger entails more waiting on our part and more hoops and expense for KMAG.
Meanwhile, KMAG gets negative press from a certain publication and a critical barrage from "nattering nabobs of negativity." The company expressed intentions to up list to a higher exchange where access to a wide range of investors is available. Therefore, as frustrating as it may be, silence from the company seems prudent until these issues are resolved, particularly as the CEO reported there are evolving affiliations with large retailers.
A probability is that a controlling interest of shares are presently held in sympathetic hands, so on a higher exchange there may not be such dramatic whipsaw price swings as last year when a large amount of the float appeared to be held by manipulators. The patient investor could be rewarded well when KMAG trades on a higher exchange, filings are made and pent up news is released. Jeff Reid has stated his intentions. All else is conjecture at this point. Time will tell.