Monday, September 15, 2014 1:36:47 PM
Oh great...major news! OOPS, NOT SO MAJOR NEWS! Read the first paragraph. Bo Linton is finally admitting what has been POSTED ON THIS iHUB BOARD FOR MONTHS...KGET CANNOT MAKE MONEY and/or COMPETE acting as a broker in the COMMERCIAL WOOD PELLET MARKET! Contrary to all of the company's FLUFFY PR's, THE BUSINESS THAT BO ENDLESSLY PROMOTED, COULD NEVER HAPPEN! BO LINTON SHOULD HAVE BEEN READING THIS iHUB BOARD! Those of us following the company and posting to THIS BOARD, brought the fallacy to the attention of the iHUB readers beginning in MARCH! If we could see it, Bo Linton is either a horrible business person or totally misleading shareholders! BO LINTON KNEW KGET COULD NOT BROKER WOOD PELLETS BEGINNING IN FEBRUARY OR MARCH, BUT CONTINUED TO "MARKET" THE SCAM!
Interesting...note the announcement says "two production lines in early 2015." How might KGET be paying the bill to set-up these lines? TOXIC FINANCING? Better yet...HAS KGET GIVEN UP ON THE FIBER RECOVERY ACQUISITION? Notice Bo definitely downplayed KGET's wood pellet manufacturing role for the foreseeable future! THE SIMPLE FACT THAT TODAY'S PR DID NOT INCLUDE ONE SINGLE WORD ABOUT THE PROPOSED $7 MILLION+ ACQUISITION IS HUGELY PUZZLING, ESPECIALLY IF THIS IS TO BE AN INTEGRAL PART OF KGET's "ROSY" FUTURE! IF THE FIBER RECOVERY ACQUISITION IS NOT GOING TO HAPPEN, BO LINTON HAS A FIDUCIARY OBLIGATION TO MAKE THIS PUBLIC, AS SOON AS HE, THE SOLE MEMBER OF THE BOARD OF DIRECTORS, BECOMES AWARE THAT THE DEAL IS NOT GOING TO HAPPEN! Of course Bo Linton can always claim he continues to search for financing, BUT, IMO, THE HANDWRITING IS ON THE WALL!
So what did this strategic "APPEAL FOR PATIENCE" really say? One does not need to be a rocket scientist to glean the answer! How about, "KGET HAS VIRTUALLY NO BUSINESS TODAY, but stick with us until some time next year?"
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