KMAG - Reverse Share Buyback?

Since telling its shareholders "... Management is currently analyzing the possibility of a stock buyback considering our strong recovery and reemergence into the market segment."   The stock has fallen 75%.


Apparently the only thing "strong" with KMAG is the selling pressure.  If you learn anything in this market  its should be that the share buy back talk usually indicates a top and it never, ever, ever happens.  


Do a search for share buy back on this blog and you will see what I mean.

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

May 01, 2012

OTC Disclosure & News Service
Mississauga, ON, Canada -

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

TORONTO, Ontario –May 1, 2012 -- KMA Global Solutions International, Inc. (KMAG.PK) 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.”

About KMA Global Solutions International, Inc.

At KMA, our Business Mission is to constantly reinforce our industry leadership as a preferred competitive supplier in the timely delivery of superior, cost effective, source tagging products - all the time, every time.

For more information about KMA Global Solutions International, visit: http://www.kmaglobalsolutions.com.

Forward-Looking Statement

Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as ``Forward Looking Statements'' for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward Looking Statements may be identified by words including ``anticipate'', ``await'', ``envision'', ``foresee'', ``aim at'', ``believe'', ``intends'', ``estimates'' including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations.