As a Canadian investor I need this thing to go completely bust in order to write it off on my taxes. JR will just let this thing hang around at .0001 forever. He is too busy at TRII digging in the dirt to worry about shutting KMAG down so us poor bagholders can salvage what we can.
out a PR when that's what got him into this mess in the first place?
He could have issued a PR as bb suggests, which outlined exactly what the SEC suspended him for. However, that seldom happens with these microcap stocks. Thus, silence isn't unusual.
I'm satisfied for the time being as long as the financials continue to be released in a timely matter. That gives me enough faith that he is legit
What if the main issue for the SEC was the stock issuance, or subsequent potential dumping of it? Totally separate from the unaudited financials.
Also one shouldn't worry about legit. A distributor of tags, while collecting royalties on the side is legit. That seems to be the business model. But what about accrued value for stockholders?
Thus, you have possible SEC problems outside of sales figures, and a business model where accrued value for stockholders is non-existent, as it is currently.
Agreed you have many moons to go before one can even hope for a up listing: audited financials --> 10-12G --> 10Q/10K --> MM sponsor???
Cookie I concur. Everytime Jeff put out a PR there was a sell-off and the shorts would try to drive down the PPS. That is one reason there is no PR. The other is legal counsel has told him not to PR.
Of course I have been frustrated that Jeff has not communicated with us more but it is what it is. I'm of the belief that in the end this will be a major epic runner that most here have never seen and will never see again in their lifetime.
I do think that we will see unofficial Q4 numbers from Jeff as he will want shareholders to know things are good with KMAG.
Then in April official annual audited fins with a plan to uplist.