TORONTO, ONTARIO--(Marketwire - Sept. 17, 2012) - KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) has continued with strong results in Q2. Sales revenue in Total $3,350,938 which is an increase of 1957% for the three month period compared to $162,870 ended July 31, 2011.
Gross profit was $616,728 or 18% of sales for the three month period ending July 31, 2012.
Operating Income was $295,941 for the three month Period ending July 31, 2012 compared to an operating loss of $3,549 for the three month period ending July 31, 2011.
CEO Jeffrey Reid states "KMAG is on target for its annual growth projection in both Sales and Profits." During Q2 the Share Buyback was completed adding another 37,100,000 shares to the control block of the company. Additionally preferred shares were converted into Common Shares to a total of 140,579,804 shares adding to the control block and depleting any further shares to be issued to the capacity of 750,000,000.
CEO Jeffrey Reid States "As the major shareholder and founder of KMAG it is my intention to deliver maximum value to ALL SHAREHOLDERS for the long term."
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.
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.