Replies to post #106404 on KMA Global Solutions International (KMAG)

[fly_fisherman]

I agree...
That is interesting... Why IHUB didn't pick that up...

[ROOKIE602]

EPRO news didnt pick it up either FWIW! GO KMAG!!!

[Short-Hunter]

Trust me by converting the prefereds to commons JR has come out and said this stock is very undervalued. He wont sell for anything under 1.00 and thats the bottom line and that is what most people here are missing.

Let me ask you a question.....would you rather own a stock where the CEO pays himself a hefty dividend on his perfereds shares and leaves the commons hung out to dry or own stock where the CEO says I'm right here with you common shares holders because I now own a boatload?

I'm afraid people are going to be chasing hard again.

[joeecm]

He didn't put out a PR yet. That's why it hasn't been picked up.

[joeecm]

Yes, converting is not buying...I'm sure JR isn't telling us he bought shares and he really considers his conversions as "buys". He knows they are completely different things.

Furthermore, converting preferred shares to common shares adds risk to his position, but it also increases his potential.

Q. For what reason does a person normally take on additional risk? A. Potential reward.

[BOS]

>>>>>> If he converted his preferred to common to max the OS and show there would be no dilution possible because he owns the shares as well as buy back shares of common how would you all feel about the CEO then knowing he was willing to put his risk in the same boat as the rest of us?

Just saying.

"...Know what you own..."