Replies to post #159062 on KMA Global Solutions International (KMAG)

[DragonBear]

Well he has one point bothering a long like me...

Jr Said he would show us a form 10.

Then the question is why? It takes audited financials, and the effort to present accurate statements.

A form 10 would lay bare the exact stock structure, and number of stockholders. If the SEC had progressed to a formal investigation, that would have to be noted, along with an indication if any subpoenas had been received from the SEC. It would not have to disclose the reasons the SEC suspended the stock. It would have to present an accurate business model for the company. There's no way in hell, Reid could claim "Factory A" was making product. There are no such secrets in a form 10. Very few in fact.

Currently as a non-reporting previously suspended grey stock, Reid is under no obligation to report anything. If you have something to hide from the SEC, then you don't voluntarily disclose information they may not know about. You don't hang yourself. If you have nothing to hide, then there's absolutely no reason not to file a form 10.

On this forum Reid gets a pass. As in the mythical R/M, and wasted effort to file a form 10 for the "old" company. Never mind the SEC will block a R/M. It's not happening.