In June of 2012 I received this reply from Mr. Rei
Post# of 14350
In June of 2012 I received this reply from Mr. Reid with regards to a NOBO:
Yes we are considering getting a nobo that is in the plans
------Original Message------
From:Xxxxxx Xxxxxx
To: Jeffrey Reid
Subject: NOBO
Sent: Jun 4, 2012 8:55 PM
Dear Mr. Reid,
In October of 2006, you had a NOBO performed to determine the amount of
shareholders for KMAG and to get the shorts out of the stock. Despite
amazing earnings for Q1 and solid continuous PR's from you, the stock
trades very oddly. The MM's slow hard runs by showing 5000 shares for
sale. The 5000 is an unlimited amount of shares that eventually
discourages buying and caps the upward price movement. Once the MM's
ETMM and NITE have capped the stock, they then force it down slowly as
each day progresses. I, and others, could certainly buy more shares but
have been reluctant to do so based on the dishonest trading pattern
which the MM's control. Do you have future plans for doing another
NOBO to again ascertain the number of shareholders and to remove the
shorts from KMAG?
Thanks again for your hard work,
Xxxxx Xxxxx
Long term shareholder
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