Replies to post #202280 on KMA Global Solutions International (KMAG)

[phillyfan25]

Please provide the link where you found out the Investigation is Over? or the person at the SEC offices who you spoke with?
At this point JR has never said the investigation was over and the SEC does not comment on it's investigation. So I am confused how you know it's over?

[eur06]

Everything is fine.GO JR!

[DragonBear]

The investigation IS NOT OVER!

No evidence it is OVER. You want evidence? Have Reid issue the following statement:

KMAG received a Termination Notice from the SEC on dd-mm-yy, closing the investigation which led to the prior suspension.

If he has such a notice from the SEC, he can issue the above suggested statement in a PR. No regulatory agency can prevent him from releasing such a PR. No legal problems in issuing it. However if it's a lie, then he'd be in deeper trouble. So why is Reid unable, and apparently scared to issue such a PR? Spin away.

What does submitted mean?

How about letting Reid answer that question with another PR release. Instead of stating "submitted" without specifying who he submitted material to, let's see this PR:

KMAG attempted to submit a Form 10 to EDGAR 48 days ago, but the SEC blocked the upload to the EDGAR site.

Too spicy? Ok how about:

KMAG submitted a Form 10 to the SEC 48 days ago. The SEC will deem it effective in 12 more days

Why is he afraid to issue a PR specifically stating he has submitted the Form 10 to the SEC? Another way to hop into SEC frying pan. Spin away.

[Carmil1]

The investigation is far from over. When we see the SEC enforcement action and hopefully the Reid twins being banned from the securities for life, then you can say we are nearing the end of the KMAG saga which is much like the EIGHgrateful saga if you care to check. Justice was served by the SEC to management, promoters, and a crooked lawyer.

AND WHERE IS THE UPDATE THAT WAS HAPPENING YESTERDAY? NOT EVEN A WORD FROM THE REID'S ON PROGRESS MADE. IT WAS NOT A HOLIDAY IN NEW YORK AND HE WAS GOING TO QUOTE:

We will back up and regroup first thing next week after we consult with the SEC over what material details can or can't be divulged on Social Media.

Just another lie on top of many lies so far!!!