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Replies to post #129264 on KMA Global Solutions International (KMAG)

Replies to #129264 on KMA Global Solutions International (KMAG)

lucky, mydog

11/27/12 12:19 PM

#129265 RE: redak #129264

no, the sec does not have the power to do that. kmag may release whatever it wishes.

21ZNA9

11/27/12 12:27 PM

#129267 RE: redak #129264

Nope Reid can say whatever he wants to. He's chosen not to say a word since September.

DragonBear

11/27/12 12:41 PM

#129269 RE: redak #129264

Could SEC have placed a Gag order on

Jeffy/KMAG while investigation of others is underway?



No. A Grey is free to issue any PR to its shareholders it sees fit. Neither would the SEC have any objection to a PR being issued on a material event - as long as it's factual. If not factual the SEC is likely to suspend the stock a second time.

Now one could easily imagine the lawyers telling Jeffy, don't issue any more fraudulent monthlies claiming $Ms in non-existing sales- don't do it! Then any Gag is self-imposed.