KNSC MMG read
LBTG On November 15, 2013, the Company filed a Certificate of Change to its Certificate of Incorporation with the Nevada Secretary of State to effect: (i) a reverse stock split of the outstanding common stock at a ratio of 1:15 (the "REVERSE STOCK SPLIT"); that became effective on December 20, 2013 (the "EFFECTIVE DATE")
LBTG then On January 15, 2014, FINRA rejected the proposed reverse stock split; however, on January 22, 2014, the Company filed a Notice of Appeal to FINRA's rejection. It is anticipated that it will take several weeks or months to receive a final decision from FINRA.
LBTG got denied On February 25, 2014,
FINRA rejected Liberty Coal Energy Corp's (the "Company") Notice of Appeal for the proposed reverse stock split. After careful deliberation with the Company's counsel, we have determined that a further appeal to the SEC would be too time consuming and costly and, thus, the proposed reversed stock split will not go into effect. The Company will continue to execute its business plan and will continue to evaluate its capital structure.
hopefully KNSC will get rejected to if they plan a rs and then have to follow thru with their business plan on 05/21/2014 @ 12:30PM 1. With this DTCC issue now behind KNSC this paves the way for the launch of long anticipated Stoned Pilots.Com marijuana based portal the Company has been working on for almost a year. Plans for the portal launch are imminent.
in closing back on 6/2/14 i did take a hit on KNSC however it was all the gains from MONA.
looking back my only mistake was watching the above LBTG tank from .001 to .0004 and hoping for a bounce. after 5 trading days i decided to sell at .0005. then soon as i sold LBTG it ran to .0016. my .0005 was literally the last trade before the run to .0016 (bummer). with that plus the fact that every other penny i watch ran i thought for sure KNSC would to. NOPE!!! KNSC was the only penny i followed that never ran after the .001 drop. FACT.
