Replies to post #120936 on KMA Global Solutions International (KMAG)

[chigger3]

I understand what you are saying, I only got tired of some here posting "jeff is hiding". I did my DD on kmag, and I will continue to hold my investment in it.

[DragonBear]

Only problem is there is nothing even remotely meaningful in that email.

His carefree answer hides the truth.

We are going to get a 211 accomplished get back on pinks before we file form 10

A MM won't sponsor a company still under SEC investigation. The SEC makes a MM responsible for any previously suspended Greysheet stock it wishes to submit a 211 for. If a MM starts to provide quotes for a company whose financials are not still accurate, they themselves will be in trouble.

“Rule 15C211 Under SEC Rule 15C211, a U.S. securities broker or dealer may not publish a quotation for any security unless certain information concerning the issuer is available and the broker or dealer has a reasonable basis for believing that the information is accurate.

It's quite likely during the SEC investigation a Form 10 filing will be forced. Management's way of demonstrating to the SEC they are cooperating. Without a Form 10, with audited financials, a 10Q, and a 10K, no MM is going to touch the stock.

the broker or dealer has on record information relating to the issuer, its securities, its business, products and facilities. Management information, financial statements of the issuer and certain other data must also be on record.

In another words the MM CYAs themselves heavily. It takes a lot of effort on their part. Yet another reason not too many Greys ever make it back. Now go back and read the CEO's Email.