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smoke_em

12/10/13 11:37 AM

#174557 RE: big white dog #174556

Come on, its called money! The other company would not be interested in where KMAG currently trades, it would be interested in how much Reid will pay in CASH for the 51% control of their company. KMAG being on the greys has nothing to do with this equation.

jaimerodriques

12/11/13 12:26 AM

#174621 RE: big white dog #174556

Your assumption is wrong, BWD. It will be, but not until after the merger is completed and the new combined company has 750 million shares O/S, fwiwtu, or so it is 'rumored'. GO KMAG!
And another 'rumor' is that JR will have 51% controlling interest of the newly merged/combined entity. We shall 'soon' see, for there are all kinds of 'rumors' & opinions buzzing around here in KMAG~land.....

Just so JR & his NYC lawyers get all of us, his share holders back to normal trading on the OTC.QB & level 2.....

FOR WHEN THAT HAPPENS, FLAG POLE MOASS TIME, BABY! GLORY!!

Jaime :-)

jaimerodriques

12/11/13 1:23 AM

#174624 RE: big white dog #174556

And I forgot to politely & congenially rebutt this incorrect remark in your post, BWD, the which was:

''But the {assumed} flip side is, if it is a non traded company, again, why would this company want to merge with a non reporting company?? ''

What makes you think or have the opinion the KMAG is a non-reporting company? For another 'rumor' that is floating around here in KMAG~land is that he already has the audited annuals for 2011 & 2012, and come this January, will soon have them for 2013, and those reflecting a rather substantial financial gain, too! But he never wanted to pr that info while we were still on the greys, for just as lowman has publicly posted from time to time, both he & Jeff Reid realized that it would do absolutely no good to PR such information while we were yet still trading on the greys. So, as a consequence of that belief, he has been constrained to wait until after the merger took place, and until after we had been uplisted, etc, or, at least so it has been 'rumored' by various KMAG GATORS. Cordially submitted for your consideration, Jaime :-) GO KMAG!