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Re: kptruckin post# 50138

Tuesday, 07/22/2014 9:08:37 AM

Tuesday, July 22, 2014 9:08:37 AM

Post# of 64445
I too like to scrutinize pinksheet stocks like KNSC. I can understand the point of view that KNSC has said we are going to merge with this one and then that one and then this totally different one while never merging with any of them all the while diluting the shareholders. The SEC warning on this board is kind of odd however. Didn't KNSC just overcome a DTC chill, the death kiss for any OTC stock? The DTC is the one who chills diluting pigs involved in manipulation of some sort, but just weeks ago, KNSC had it's chill removed. Plus KNSC has a current status on the OTC, meaning it's required filings are up to date. There are a dime a dozen caveat emptor stocks out there trading much higher PPS than KNSC with even more bloated share structures, but for some reason KNSC deserves the extra attention. Hopefully over time, the next few weeks, knsc can change the opinion that it's a scam. If it's true that 3.2 billion shares get removed, the company should then immediately lower the a/s by the same said amount to show good faith. Will either of the 2 unnamed mergers happen? If we look at history, no they won't happen. I'm curious to see how this plays out as a lot of the MMG plays recently have found private companies to r/m with.

the above is all IMHO (consider this my safe harbor statement)