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Re: gatemate post# 171538

Monday, 11/11/2013 2:04:16 PM

Monday, November 11, 2013 2:04:16 PM

Post# of 232507
Extremely sound e-mail and counsel. I have tried to make the same points even thought I have not met the man, only had two brief phone calls.

The key here, IMO is that there is great uncertainty in companies that are based on new technology which is evident by how long this company has been in business but has not yet been able to execute its business plan, even with sound technology. I am no expert on the technology so I cannot even speak to the KMA product line within the RFID industry but I can speak to new businesses and capitalizing new businesses.

I agree that wildly speculating on the value of this stock at this point is precisely that, wild speculation and not much more. It would be hard for me to believe that the patents held by the company are all that unique given the financial rewards coming in this industry. I have to believe that those tags in production are coming from others with similar technology. IMHO there is nothing wrong with the stock doubling to 1.7 cents, if it indeed does that and it might if indeed the latest discussions with a partner who can produce the product. I see it as almost inevitable that should KMAG indeed be the company that ends up producing its product line then it will have to source the capital necessary to do it with new equity in order to successfully place new debt. New equity means dilution.

It will be interesting to see how this plays out but I think it is a bit naïve to believe that our stock will take off at dizzying multiples from where it is today.

Again, only my opinion.