reminder-the financials,sec reg statement,and pros
Post# of 8059
Brads never been public before and from what we've seen and what he knows about the harassment bob received he is avoiding any suggestion of leaks prior to the things promised-though he could put out a PR updating us-which these co's dont always think about when they are busy operationally and in a transition from a Bob to a Brad co-so we can politely remind him of responsibility to keep shareholders informed
This is the email from IR not long after the PR,which I received from some body else not long ago and have permission to post from the one who received it:
"KMG will become a publicly traded reporting company ASAP, once all SEC requirements (audits,etc.) have been met.
Sincerely, KMG Public Relations.'
logically only reason to mention audits is to have audited financials-which is a requirement for being an SEC (OTCBB) reporting company
pinksheets very rarely have audited -and when they do its usually part of a process to uplist- only OTCBB (fully reporting companies) have audited.
Everything we know indicates they intend on uplisting to OTCBB just as Bob intended -May 26 2011 PR- but couldnt due to JV partner allegedly withholding and commingling receipts-thus blocking financials. This should not be a problem moving forward now because no JV activities since the Loreto ship left ca Aug 7 2011-so now they can do 2 years audited financials-w notes re legal
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