http://www.otcmarkets.com/stock/KMAG/news
http://www.otcmarkets.com/stock/KMAG/news/...e-Plans?id=45469&b=y
TORONTO, Ontario –April 13, 2012 -- KMA Global Solutions International, Inc. (KMAG.PK)
KMAG has completed its filing for Q3 and anticipates that it will post the Attorney letter today to allow for Current Status to return on OTC Markets.
The Company is reviewing its Q4 and Annual filing now and will post before the April 30th due date.
Plans are in place now once the company has completed its annual filing to announce a full time CFO to the company that will be responsible to insure timely filings and announcements going forward. The person we have selected for this role has many years of experience working with reporting public companies and has been closely associated with the CEO for many years.
The company is also in final negotiations with an experienced person from the Retail security and the RFID marketplace to take on the role of President and General Manager of KMAG. Upon finalization of his contract he will add an immediate presence for KMAG in the marketplace we have not enjoyed for the past 3 years.
It is our plan to have both of these appointees to become Board members as well. Official announcements will be made upon finalization of their agreements.
About KMA Global Solutions International, Inc.
KMA Global Solutions International, Inc. is a leading worldwide manufacturer and supplier of Electronic Article Surveillance (EAS) labels for the multimedia, retail apparel, health/beauty aids, soft goods, and over-the-counter pharmaceutical industries. KMA provides low cost solutions for retail protection against inventory theft, offering customized labels that use a variety of patented formats to meet unique packaging needs. KMA's patent pending DUAL Tag™ is the only product available that combines the two leading EAS technologies in a single, high speed application to eliminate the need for multiple inventories and its patented NEXTag™ is the solution of choice for soft goods as a small, flexible non-woven label conveniently sewn into a garment at its manufacturing source.
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.
Contact Investor Relations at investorrelations@kmaglobalsolutions.com
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. |
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