"KMG will become a publicly traded reporting company ASAP, once all SEC requirements (audits,etc.) have been met.
Sincerely, KMG Public Relations.'
Again they could clear up any confusion by just adding a few words
CWRN is already a publicly traded co but not sec reporting-reporting normally means sec reporting- that is otcqb - which used to be called fully reporting- plus new otcqx
why would they have KMG OTCQB- holding what was PanAms private stock if such private stock still exists -while CWRN shares remained ce dtc restricted- doesnt make sense.... unless he just wanted to get rid of ownership of private stock which he could even consider a hindrance for his purposes -PR's of many companies assume we are mind readers-and they are going to take CWRN stock OTCQB also
and financials along w other things would double to benefit removal of ce and dtc from cwrn stock if cwrn stock remained -they didnt say anything about a name change from CWRN to KMG DID THEY!! instead they point out KMG would be a new sub - and cwrn would remain parent until they give us another set of info
so the logical literal reading is we would have all our CWRN stock plus KMG stock as a dividend-as PR says- and they would both be sec reporting -i.e., OTCQB
PR never says r/s -and a dividend is not a r/s -we merely assumed r/s as a part of replacing cwrn stock w KMG stock-though i didnt understand that- due to 1000 to 1 language etc-though again- they will most likely have to r/s cwrn stock to remove dtc to get pps above 1c
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