Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
ALERTS, HOT STOCKS & CHARTS
Posted On: 05/01/2012 9:35:52 AM
Post# of 145134
Avatar
Posted By: lucyinthesky


KMAG News KMAG Reduces Authorized by 250,000,000 shares, Management Analyzing the Opportunity of a Stock Buyback




2012-05-01 09:30 ET - News Release




TORONTO, ONTARIO -- (MARKET WIRE) -- 05/01/12




KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) announces KMA Global Solutions International Inc. has reduced its authorized share structure by 250,000,000 from 1 Billion shares of Common stock to 750,000,000 shares.




Authorized Shares       750,000,000              


Shares Outstanding      609,420,100              


Float                   543,051,805              



The Management is currently analyzing the possibility of a stock buyback considering our strong recovery and reemergence into the market segment.



CEO Jeffrey Reid states "KMAG has reorganized its share structure to reflect our debt free Balance Sheet, and the desire to emerge as a transparent organization. All Convertible debt notes are fully converted. KMAG has reinvented itself and is on a productive track of growth."



(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site