Replies to post #45278 on DD Support Board and Research Team

[janice shell]

Not much, except for more of the same. An unusually large number of pennies are being pumped and dumped right now.

[DragonBear]

And the issuer cannot be, nor have ever been a shell company

I am back from vacation

Ok, here's one for ya ... promise not to laugh???

The KMAG cult (suspended Sep 2012) is promoting the idea their beloved CEO is going to thumb the SEC in the eye, R/M into a pink shell, and presto trading on the pinks again. Take that SEC! KMAG at one time in 2008 was reporting, and then filed to deregister the stock. So one has a non-SEC reporting previously suspended grey stock, with the miracle cure being R/M presumably into a reporting pink shell.

In your previous post which you gave a link to a legal site, I thought I had read, there was a way out - the issued stock must be registered to start the 1 yr countdown. Where presumably any CEO of a suspended grey trying to pull this kind of stunt would encounter an irate SEC when he went to register the new stock. Aside, the bread crumbs point to no formal SEC investigation from Sep-Dec 2012, but a potential formal investigation having been opened since then.

What I hear you saying in this post is a non-reporting company R/Ming into a previous shell has permanently restricted stock for the shareholders being merged into the new issuance? Where the hopeless has mutated into something worse. Could you comment on this specific example. I do want to be exact with the KMAG cult herd.

Or if you feel like the laughter is uncontrollable, feel free to reply to the KMAG post offering up this miracle cure. It would be amusing to observe, as the CEO cult status with this herd is very strong.