Replies to post #163387 on KMA Global Solutions International (KMAG)

[smoke_em]

It should happen pretty fast now, no way another year, I'd say 60 days max. Remember the email we got saying business was good going forward? IMO, I'd say RFID business is great!

[DragonBear]

Im thinking the next thing we get is from the SEC good or bad

Agreed.

IMO, the SEC will act in the next 6-10 months to force Reid out of the market. The other company especially is set up so that he can easily liquidate it, and as majority preferred stockholder, can claim the assets, and take it private. KMAG would have to deal with messy SEC fines, but again Reid should be able to reincarnate the company private quickly if he chooses. No so called "out of the box" thinking required.

The only "good" thing which can be heard directly from the SEC is their approval of a submitted 10-12G, and S1. Where the goal is a 211 filing by a MM. But Reid has to initiate the filings, and 1 yr later he has not done so. A previous example of a non-reporting previously suspended grey had company filings starting 6 months after suspension. It maintained its Nevada state registration throughout the process. It was 8 months after that the filings were approved by the SEC, and the stock was registered with the company reporting to the SEC. Stockholders only got to know the SEC investigation was formal, when the S1 came out. One year later the SEC still filed litigation against the CEO. The ticker is still out there, waiting for FINRA to clean it out.