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potts800

05/02/12 9:52 PM

#38775 RE: downtime777 #38772

I dont think it means anything. We've seen the company fundamentals and the financials, sounds like a nother excuse for them to scare people out of their shares and attempt something. IMO
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museman

05/02/12 9:57 PM

#38780 RE: downtime777 #38772

I'm reading it as the promotion company approached Jeff and he put them on ignore. So for some unknown motivation they bashed him including accusing him of diluting and toxic debt, which he demonstrated is not the case. I respect the man more than ever for not engaging a promotion company. He self promoted with PR's. Soon all the sellers will be gone and his method of honest hypeless disclosure will win new buyers.
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HIM

05/02/12 10:01 PM

#38786 RE: downtime777 #38772

Looks like a very disperate attempt, after Jeff reduced the Outstanding shares.

It was a step they didnt anticipate or calculated for, since he have only a billion shares and most of the pinkie have twice that. So they came out with this Alert. But they neglected to know that this time around KMAG is under a strong, well educated and well funded investors. That knows what they own. That is not trading KMAG but investing in it.

So reading that letter is so hilarious, since any one can go to Canada and see for him self, or even email Jeff or the IR department, and you will get respond in a few minutes or within the same day.

I think they are and they will continue try to do their best to attack Jeff, and all because he is an honest person who refused to play their con game and fleece the investors.