Replies to post #128120 on KMA Global Solutions International (KMAG)

[DragonBear]

For all the Einstein traders, "audited" numbers hold relevance now

but you knew this right?

You don't need 2 yrs of audited numbers in order to post a PR about the Sep Sales. But you already knew that - didn't you?

The core Longs point to the so called Sales reported in Jun, and Jul, as evidence the business is flourishing. After all, they wouldn't want to stake their investment on what Reid said at the end of 2010(?):

As a result of the fact that KMA Canada has licensed its intellectual property to r-pac Hong Kong it does not provide or have

A. principal products or services.
B. distribution methods.
C. publicly announced new products or services.
D a competitive position in the EAS industry.
E. sources (or need) of raw materials
F. the need of government approval of principal products or services, or requested government approvals.

It's a quandary for the core Longs. If Reid releases a PR for Sep with sales figures, once again claiming $Ms in revenue, they have confirmation the Jun and Jul PRs weren't total BS. Exactly what you have based your investment on. Wouldn't it be nice to know sales do indeed exist as previously claimed? Yet, Reid hasn't released Aug, or Sep, or Oct. No auditing of recent month sales required for a PR. The fall back position seems to be rationalization, and denial.

My working hypothesis is the company hasn't changed since 2010. A future Form 10 will reflect that. The sales, and monthly reports since then are totally bogus, and part of the SEC investigation for fraud. Thus you will never see another monthly report of more bogus numbers.

All you have to do is get your buddy Jeffy to put out the Sep numbers claiming sales, whether it's $1M or $3M doesn't matter. Com'on flood him with requests - just the month of Sep stating sales of $Ms. Such a modest request. GL on Reid coming to your rescue.