Replies to post #132181 on KMA Global Solutions International (KMAG)

[elvisonfire]

Johhny--thanx for earlier comments to me--yes you make sense about my membership--anyway--there is a whole history behind the kmag story--of which i don't know all of the finer and or elaborate details--but in a nutshell--this company, run by mr reid ran into some troubles back in i believe 2008 when our beloved leader came down with and fought a couragious battle against cancer--i might have that year wrong--might of been 2009 or 10--while he is in chemo and all the rest--yeas some slipshod management took root--we have all seen that--the successful restaurant that goes out of business when the son takes over--for example--now fast foreward--mr reid recovers--jumps back into things --it's a fst paced--he is flying to asia , making deals pushing his company, trying to stay competitive--hires some new people (DIXON)--gets things back on track--he in spring of 2012 finds himself with a CE (caveat Emptor) rating on the pink boards--works diligently to get this removed-jumps thru hoops etc--gets that done--is trying to get things in order--trying to get a handle on things--has a running battle with a stock pumping outfit--mmg or something like that--whole other story--but maybe the man had a raging fire on his hands and only a squirt gun to fight it--so here we are--company growing exponentially--in a cutting edge market--hopefully with srff helping--he has got things under control--that's the long and short--e

[mc6102]

It's this part of your post I will address, and with all sincerity and honesty (quote at bottom).

"Crook, liar or not" - while that is the question, there are real reasons why Jeff Reid, at this point in the development of his company would not disclose the info shareholders want - probably even when he should. (and I will qualify the following statements by stating that I base this on the assumption that he is actually legit).

-When trying to break into any industry, you would want competitors to know very little about you until you were established. Since this is a public company, limited exposure is a bonus.
-It's a security company, so its likely they can't disclose who their customers are
-As far previous questions as to "where can I order"... if you use this kind of product, you already know where to look. Even if you don't, they would be contacting you, the customer, for sales. This is an industry where the product provider would most likely be searching for the repeat client.
-The mini-poo problem with KMAG was legit. They (minipoop) have their own problems. Receive enough complaints to the SEC, and PR unverifiable income (even for a short time), and the SEC will come knockin'-- just because. Especially in an election year when they are throwing Wall Street under the bus.

Make any little mistake and you're suspended. Period. Fight your way back. Government doesn't really care.

Frankly, to quote lowman, Jeff is way to "smug" - perfect word for someone who actually has a real company and knows its legit, but kind of hold himself above the norm because of it. PR outstanding revenue that no one can prove, and there's no client list or auditor to uplist? Now, that may be because of cirmumstances, but how would we know that? Truth is, if he really is legit, I hope his perspective has changed by now.

There are so many question that should be answered. But having run my own business, I get it.

So, either this is the PERFECT scam, or we will make money. I still have my doubts, because I am a realist. But for some reason I am drawn here. If I am wrong so be it.

The SEC and Feds, though, they'll never be liable for anything. They're "protecting us" - those of us who aren't at their "genius" level. Buyer beware, right? Big risk, big gain/loss. We're in a shark tank, and the only people responsible for our financial survival our ourselves.

GLTA

I can't for the life of me understand how a competent CEO could be caught in such a travesty that he gets his company suspended and all of his shareholders thrown in absolute disarray and placed at such high risk. I mean really, who does such a thing, who is running or has been running the company? So crook, liar or not, something is for sure wrong in the scope of things

If for some amazing unimaginable reason KMAG and Jeff Reed get a clean bill of health from the SEC, what should the liabilities be against the Federal Government for mismanagement, inappropriate administration of their responsibilities, the financial losses of citizens in countries around the globe? With this in mind, does anyone really think that everything is going to be okay here? I would be more than more than amazed.

[DragonBear]

In 2002 I was introduced to sub-penny trading

You covered some ground in that post. I see since the miracle didn't happen before hrs (surprise), everyone is waiting for after hrs, then Monday before giving up(?).

The ongoing theme of many is the SEC just made a mistake. Or that it's trivial in nature. Everyone says that about their suspended stock. There's the sub-theme the SEC will chase any trivial rumor, and suspend on a whimsical reason ...Nonsense! The SEC doesn't have unlimited resources. If folks want to believe it's all about a minor error in a single PR, then keep believing that. In a previous Grey it was suppose to be all about a cartoon on a company blog site. It won't change reality. The reality is the SEC is investing KMAG for fraud. The breadcrumbs point to false PRs, and the stock structure.

As for a CEO filing lawsuits against posters regardless whether he's exonerated or not, GL in that. CEOs are public figures, and there must be a proven campaign of "malice" shown. Calling a CEO a crook while under investigation by the SEC may be tactless, but hardly off track. My theory on Reid is that he was being straight with everyone in 2010. Then in 2011 he went off the tracks. Maybe feeling financial pressure, as he grabbed stock for debt the company was said to owe to him? The real reason will likely remain unknown. Gyrations with the authorized count probably attracted the SEC's attention. Then came the $Ms sales preceding the August pump of the PPS, with the SEC suspending shortly after. The SEC always seems to arrive after or during the late stages of a pump run.

Technicals... outside of looking for general support and resistance levels, the last time I actively used them was back in 2006-2007 on the big boards. Even then the Quant fund HFT was starting to make it difficult. Since 2008, daily macro rumors have trumped everything. One needs to understand technical theory was created before the days of the computer. Before the days when news spreads like wildfire on the Internet. And neither was it created with penny stocks in mind. Certainly not Grey penny stocks under investigation by the SEC, where all prior volume history is trashed. But if one wants to pretend it applies to such stocks, have at it.