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Micro-Cap on the Move; KMA Global Solutions International Inc. (KMAG)

By Warren Paige

Shares of KMA Global Solutions International Inc. (PINK: KMAG), a company focused on providing generic and customized solutions in the apparel, multi-media, sporting goods, food and pharmaceutical industries, are soaring in trading today.

At last check, KMAG shares were trading 23.26% higher at $0.0053 on above average volume of 40.39 million. The stock gained 26.83% in the last three trading sessions.

KMA Global Solutions recently announced continued strong sales growth in second quarter with sales in the month of June of $1.10 million.

KMAG said that delivery of orders for the month of June was 100% on time. The results for the month of June were in-line with the company’s expectations.

Jeffrey Reid, CEO of KMA Global Solutions, said that KMAG is working on new projects that will continue to support its impressive re-emergence in this market. Reid said that KMAG is investing in developing solutions for new clients that meet their budgeted targets.

 

August 1st, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.