Nelly Shishkova

KMA Global Solutions International, Inc. (PINK:KMAG) Gains on Hot News

by Nelly Shishkova April 23, 2012
After an impressive price fall, KMA Global Solutions International, Inc. (PINK:KMAG) closed the week with a gain. Last Friday, KMAG_chart.pngthe stock soared 39.20% while its traded volume exceeded 32 million shares.

Apparently, the massive trade has been provoked by some positive news on KMAG. It was issued on Friday morning when the company reported that it has maintained a focus to continue and progress sales efforts and product development this year.

The news for the new 2012 company's solutions immediately brought the climb to KMAG, though it seems that there's more to happen this week.

Today, the company released another announcement which stated that its CEO Jeffrey Reid would be a featured guest in an exclusive live interview on StockTradersTalk Radio tonight. This interview will discuss Corporate filings and future plans for KMAG and the re-emergence of the company in the Marketplace.

Obviously, the PR campaign of KMAG has not finished yet, as well as the possibility for a higher stock price this week.

KMAG_logo.jpgKMA Global Solutions International, Inc. is a manufacturer and supplier of electronic article surveillance labels which are used as a protection against inventory theft. On April 3, the company filed it quarterly report, which however, was not much attractive.

As of October 31, 2011 KMAG has had more total assets than liabilities, though its retained deficit totaled $1.7 million. During the same period of time, the company's sales have substantially decreased as compared to the previous period, and the net loss and the negative cash flows were not covered.

Nevertheless, the management of KMAG believes that the company will generate sufficient cash to continue operations.

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