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Jonnyo07

12/31/13 11:49 AM

#68002 RE: es1 #67990

True, but Kim would have to release information that has a material impact on the Company through the financial statements.
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igotthemojo

12/31/13 1:37 PM

#68008 RE: es1 #67990

"But most people do not realize that Kim does not have to tell you. "

kim is required to keep shareholders informed...one requirement is that he must inform shareholders of any material events...its not a choice and it has nothing to do with whether or not he has told anyone yet or not...

the problem here is that since this is a one man band, kim is the only one who needs to decide what is material...although most companies are more than happy to keep their shareholders informed and put out positive news, kim seems to have a need to keep shareholders guessing...he needs his shareholders in the dark...he needs to whisper to a certain few so they can spread the word without kim himself being held accountable... he has managed to muzzle good old charley boy...and none of this has a damn thing to do with competition...

"We could get a deal with warwick for 10 tons a month and Kim would tell us we have a deal for "some" MS with warwick. "

some is not necessarily material... 10 tons a month IS...
kim already pr'd that he had sent "some" ms to warwick...but he wouldt pr 10 tons???...and dont bother with the insinuations that he may have already sent tons because he doesnt have tons to send so forget about it...

thus we are to believe he would pr some but not a ton...lol...ummmm, no..

"When the 10Q comes out and there is $5M of revenue on it we wont have a clue if it is for 1 ton or 100. "

and this is good business?...this makes sense?.. this ok?..

"Being a public company doesnt mean you have to report everything you are doing. You just have to report the results of what you have done. "

kim has a whole lot more responsibility to his shareholders than that...