I bet you are very close to the true reason for the delay IMO.
Consider this:
KMAG is a "suspended" stock trading on the grays. I will assume for this argument that Jeff's social media updates about fins, partners, etc is true - can't imagine a CEO saying that publically if not true, but let's assume true.
Then this "process" he is trying to move through is not the norm; comes under intense scrutiny and might I say probably ALL KINDS OF DIFFERENT REVIEW CYCLES AND PROCESSES than other normal trading stocks.
What is happening here is precedent setting and might I say possibly an admission / exposue by and to some. So not only do you have to get through the "credibility" of the filing and the "credibility" of the structure (leadership), you now have to get thru the knot hole of affecting other entities.
The hurdles here are many, but KMAG is trying to make history. Doesn't seem to be sitting too well with all involved - IMO.
Your two cents worth worthy of soooooooo much more turn, excellent!
Hello Edgar!
It's all about what you know, your money and whether you believe...
Very best to all with our re-emerging and uplisting KMAGnificent... sooner rather than later! The only expectation for anyone who believes in KMA Global and our Mr. Reid!