News Focus
News Focus
icon url

tungtung

02/19/14 9:05 AM

#181587 RE: phillyfan25 #181581


"We know for certain" Just wondering where this certainty comes from? Who is "we?" So the SEC has sent a document that provides no doubt whatsoever? Would like to see that document that has given a life sentence to KMAG because "We know for certain".

Seriously doubt anyone knows for certain. Seriously doubt this could be proven. No evidence whatsoever that would provide certainty.

We know for certain that the idiot CEO has not filed a single thing with the SEC. How about those audited financials. It's been over a year and half since the moron lied and said that was coming. That's one hell of a quiet period!!

icon url

FACT-MASTER

02/23/14 9:38 PM

#182055 RE: phillyfan25 #181581

I wasn't talking about KMAG. My example using TRII was an example of a private company going public, and the related quiet period.

In the hopefully upcoming scenario, NeWave Sensor Solutions/Live TRACK RFID Solutions (without JR) will be the private company reverse merging into a QB shell company, and filing the S-1. (this will be an arm's length relationship to KMAG = no JR ). The required audited financials would be pro-forma results including KMAG's revenue.

The relationship to KMAG, will hopefully be, a simultaneous 8-K merging KMAG into Live TRACK RFID Solutions. Therefore the quiet period automatically extends to KMAG. The SEC holds the pivotal role of approval.

It is my hope as a KMAG shareholder that this is what will happen, notwithstanding this, i beleive a cash buyout would be the only option left.