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as I understand, right from JR's mouth. I e-mailed

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Post# of 14350
Posted On: 11/24/2012 5:03:10 PM
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Posted By: BUMPERCARS
Re: HOT #6233

as I understand, right from JR's mouth. I e-mailed him the day it happened and he wasn't even aware of it. He immediately wrote back telling he's contacting his lawyers. In more casual conversation, he's told me he didn't even see it coming. If the SEC is investigating a company for ANYTHING; they must send a warning to the company requesting the company to comply with whatever documentation they request to satisfy their inquiry. This is usually followed by a 2nd request to comply. If ignored a suspension usually follows. Knowing Jeff's character I know he wasn't lying to me. Others have also confirmed his character that I am not privy to mention as they have also met with JR. the conditions surrounding this case has lead me and others to believe that another 3rd party was involved with the halt. Broad stroked into a group of other companies. to suggest the SEC is a perfect governing entity is naive at best. People work in these organizations and the same people make mistakes and anytime there is, people want to deny and cover them up. I don't know these people at the SEC but I do know Jeff. I would take his word based on his character, the DD available, and the hard work and dedication he's given to make Kmag the company it is. If we are to accuse Jeff Reid of fraud and corruption then we might as well include every poster on liehub and any 3rd party PD company. and anyone else affiliated with them. Jeff Reid didn't have to meet me or anyone else for that matter. Kmag didn't have to post pr's since it is a non-reporting company. Anything that Kmag has provided has been optional. Anything from here on in, could easily be a double edged sword. I asked him to respond to an e-mail just to say hello for our shareholders. He replied back immediately. Again, he didn't have too if the man has gone dark.




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