LOWMAN! this was just posted on the iflub: can you write a rebuttal against this?
Renee
Sunday, September 30, 2012 9:53:37 AM
Re: tdbowieknife post# 115909 Post # of 116052
Tdbowieknife: Your post is a must read. It is a travesty for shareholders to be caught in an SEC Suspension. I too was caught in one 5+ years ago...a stock that had banner ads at the SuperBowl and full page advertisements in the SuperBowl Program.
'My' stock just had to be that one exception to all other SEC Suspended stocks. I could not have been more wrong, which I only began to realize when all of the most vocal message board posters disappeared, I surmise after selling their stock, after having touted for weeks that the SEC was wrong on this holy grail stock, or the U.S. Government would never contract with a scam company, or the I-Hubbers who had witnessed the company's state-of-the-art products first-hand, or that the company would change the world, etcetera. I would have had a 75 % loss had I sold on the first few days on the Grey Sheets. False hope kept me in the stock hoping the CEO would come to everyone's rescue. Indeed, there were private emails from the CEO to certain posters who posted 24X7 that all would be well...just a mere bump in the road to the greatness that would happen for 'my' stock. All I had to do was TRUST and HOLD, with admonitions from others to buy up as many cheapies as I could, which thankfully I never did.
When the CEO and other principals were charged with frauds reality finally hit home. I sold at .0001, having a 99 % loss instead of a 75 % loss had I sold when optimism was much greater than pessimism when the stock began trading on the Grey Sheets.
I began the journey of studying hundreds, evolving into thousands of SEC Suspensions, a journey that I strongly recommend for EVERY shareholder and EVERY potential investor thinking they will strike it rich by buying and holding a Grey Sheet stock of a formerly suspended stock.
STUDY SEC Suspensions, not only to learn the likely outcomes of the stock presently owned, but to indelibly etch into one's mind ALL of the tell-tale signs that led to the SEC Suspension to avoid like the bubonic plague ALL other stocks still trading BUT have similar to identical characteristics of all other SEC Suspended stocks.
I collated over 1120 SEC Suspensions since 2010 on the followng linked board. There are thousands more Suspensions prior to 2010 but the +1120 are recent enough for readers to comprehend the extreme severity of an SEC Suspension so that they can make INFORMED decisions about KMAG. Faint and / or false hope will be consequential to preserving cash to "play another day", as the saying goes.
Study, study, study as many SEC Suspensions as possible. Then read a suspended stock's I-Hub board prior to the Suspension, during the Suspension, and after the Suspension. There are many similarities to the KMAG board.
The SEC Suspensions and Revocations Board:
Renee
Sunday, September 30, 2012 9:53:37 AM
Re: tdbowieknife post# 115909 Post # of 116052
Tdbowieknife: Your post is a must read. It is a travesty for shareholders to be caught in an SEC Suspension. I too was caught in one 5+ years ago...a stock that had banner ads at the SuperBowl and full page advertisements in the SuperBowl Program.
'My' stock just had to be that one exception to all other SEC Suspended stocks. I could not have been more wrong, which I only began to realize when all of the most vocal message board posters disappeared, I surmise after selling their stock, after having touted for weeks that the SEC was wrong on this holy grail stock, or the U.S. Government would never contract with a scam company, or the I-Hubbers who had witnessed the company's state-of-the-art products first-hand, or that the company would change the world, etcetera. I would have had a 75 % loss had I sold on the first few days on the Grey Sheets. False hope kept me in the stock hoping the CEO would come to everyone's rescue. Indeed, there were private emails from the CEO to certain posters who posted 24X7 that all would be well...just a mere bump in the road to the greatness that would happen for 'my' stock. All I had to do was TRUST and HOLD, with admonitions from others to buy up as many cheapies as I could, which thankfully I never did.
When the CEO and other principals were charged with frauds reality finally hit home. I sold at .0001, having a 99 % loss instead of a 75 % loss had I sold when optimism was much greater than pessimism when the stock began trading on the Grey Sheets.
I began the journey of studying hundreds, evolving into thousands of SEC Suspensions, a journey that I strongly recommend for EVERY shareholder and EVERY potential investor thinking they will strike it rich by buying and holding a Grey Sheet stock of a formerly suspended stock.
STUDY SEC Suspensions, not only to learn the likely outcomes of the stock presently owned, but to indelibly etch into one's mind ALL of the tell-tale signs that led to the SEC Suspension to avoid like the bubonic plague ALL other stocks still trading BUT have similar to identical characteristics of all other SEC Suspended stocks.
I collated over 1120 SEC Suspensions since 2010 on the followng linked board. There are thousands more Suspensions prior to 2010 but the +1120 are recent enough for readers to comprehend the extreme severity of an SEC Suspension so that they can make INFORMED decisions about KMAG. Faint and / or false hope will be consequential to preserving cash to "play another day", as the saying goes.
Study, study, study as many SEC Suspensions as possible. Then read a suspended stock's I-Hub board prior to the Suspension, during the Suspension, and after the Suspension. There are many similarities to the KMAG board.
The SEC Suspensions and Revocations Board:
