KMAG Reduces Authorized by 250,000,000 shares, Management Analyzing the Opportunity of a Stock Buyback
01 Mai 2012 - 3:30PM
Marketwired
KMA Global Solutions International, Inc. (PINKSHEETS:KMAG)
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.
Contacts: KMA Global Solutions International Inc. Investor
Relationsinvestorrelations@kmaglobalsolutions.com
www.kmaglobalsolutions.com
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