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Thank You magman. I was trying to be nice but you said it much better than I did.
For the previous poster: cburg, Yes I understand the technology. Thats why I invested in it.
As for explaining: I am 70 years old and do NOT have to explain anything to anybody.............(except my wife).
Long KNDR
Two weeks ago he claimed to be an OTR driver. Last week he claimed to have neuropathy. This week he claims to be an electrical engineer:
Read this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58039385
and this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58289102
For an understanding of the technology, this may help:
http://www.scienceforums.net/topic/40713-kender-solar-engine/page__p__494380__hl__kender__fromsearch__1#entry494380
Hi Wabadon,
Do you understand the technology? Can you explain it to us?
Thanks!
Mike
Most would seem to disagree with your assessment of this "technology." The research I've done and the company's appointment of a shady character like Dr. Chat, have reinforced my belief that this is a scam. And since i have been right on the mark in calling it that, even during the paid pump days, I'll stick with my opinion.
Which opinion is that KNDR is a scam. It was conceived as a scam, could never have been anything other than a scam; and most people who invest here will lose most, if not all, of their money.
http://www.scienceforums.net/topic/40713-kender-solar-engine/page__p__494380__hl__kender__fromsearch__1#entry494380
I am an Electrical Design Engineer. That is why I have money in this stock and plan to leave it there.
If you don't believe then don,t buy.
Please don't be a basher.
Long KNDR
The 12 weeks have come and gone. Surprise, surprise, surprise. I can't find any unbiased professional that thinks this technology could ever, ever work.
Baloney, baloney, baloney.
I know others recvd this email (9/17/2010) but it seems like we all need a refresher. Important point is at bottom in red.
Long KNDR!!!!!!!!!!!
Dear Investor,
We are happy to keep you informed of our recent corporate developments.
1. Great new steps in R&D
We have move many steps further to owning the most powerful solar panel you can find today. We have now signed an R&D partnerships with a world renown international engineering firm. We have now transferred all our R&D work to their lab, our being somehow limited in its capacity.
The steps with the engineering firm are the following:
A. Technical Viability (6 weeks of work to go)
- List of technical risks
- List of weaknesses
- List of targets for first series (volume, cost , manufacturing)
B. Market Validation (3 weeks of work)
- Business model fine-tuning
- Manufacturing strategy (on-house or outsourcing, short term and long term).
- Supplier investigation
C. Industrial strategy (3 weeks of work)
- Product and development program
- Study on manufacturing plant and setup costs (volume operational costs)
- Fully documented business model
- Opportunities and exploitation plan
Once all this is done (12 weeks), then we have the first products coming out. Also, once this work is finished, we will have major announcements on the product and our capability to produce energy (electricity) simply from air. We want to have the whole world listening when we announce that. And when this engineering firm speaks, we believe the whole world will listen.
These steps have happened with a slight slowdown, as in R&D nothing usually works on schedule. We indeed tried to push the efforts as far as possible in our own lab, but several elements needed more sophisticated equipment and staff. This has set us back by 3 months in our efforts, but we are still on track to meet our target by year end.
2. Funding of KNDR
At Kender, we have always been backed by very wealthy investors. They have supported the company, and continue to do so. We have received an investment of 250'000 US$ from our early investors, end of August. These proceeds will contribute to finanlize our R&D efforts. Substantial additional funding is available and secured, after certain R&D benchmarks are met.
3. Product availablity
The first series of prototypes for demo purposes will come out not in October 2010, but rather early next year 2011. We are a bit late, but we are getting there. You will soon be a proud shareholder of the company owning the most powerful solar energy system on the planet. Keep an eye on your KNDR ticker.
Best regards,
Sean Kelly
President & CFO
Kender Energy Inc.
36, Boulevard Helvétique
1207 Geneva
Switzerland
Web : www.kenderenergy.com
Tel : +41 22 700 7648
Fax : +41 22 700 7362
Mob : +41 79 203 7124
Skype : sean.kelly
Email : sean.kelly@kenderenergy.com
I posted this over on the Yahoo boards also.
Here is the message I got from Kenders Sean Kelly today.
I had sent a message a few weeks ago asking for updates etc and was surprised to see this in my inbox today...
Seems quite positive! Let's wait and see...
Dear Investor,
You have contacted us recently at Kender Energy through the company's website.
We thank you for your interest in Kender Energy.
We are in a slient period, due to a strict non-disclosure agreement with our engineering partners.
We are presently slowly coming out of this slient period, as we will soon be able to announce what all the shareholders are waiting for.
We cannot say much more for the next 30-45 days. But keep a close look at the KNDR ticker.
Best regards,
Sean Kelly
Chairman & CFO
Kender Energy Inc.
36, Boulevard Helvétique
1207 Geneva
Switzerland
Web : www.stocktargets.com
Tel : +41 22 700 7648
Fax : +41 22 700 7362
Mob : +41 79 203 7124
Skype : sean.kelly
Email : sean.kelly@kenderenergy.com
That's old news and Dr. Chat has a pretty slimy past.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57127947
and this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56368430
and this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56368563
When a scientific test is done to show it works and is publicized, then I'll get excited. Until then, I don't think it can work, based on everything I've read.
That might be because people have become aware of information like this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57127947
and this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56368430
and this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56368563
They have an updated filing on otcmarkets.com(formerly pinksheets.com)as of Nov 25 ,so that indicates they are coming out of their silent period and,as you noted on yahoo,the STOP sign HAS BEEN REMOVED.
I'm surprised the stock hasn't jumped on such concrete independent evidence that this is starting to come back alive,especially when the stock has often doubled on unsubstantiated rumors.
I am reading a lot of posts here, but most of them are just guesses and pump or dumps.
I have done o lot of digging in Kender Energy and its clear to me that they are protecting something! I cant tell you more for the moment,but look at my previous post, read them and just wait untill the company or others come out with News.
From time to time I will post new things I found about Kender.
You ca see that they are resubscribed on the pink service, so soon the STOP NO INFORMATION should be removed.
They warned this would happen before production would start already 2 years ago.
http://www.kenderenergy.com/docs/ppm_4.0.pdf
Why careful, when a company pays hundreds of thousands and dilutes by millions of shares for an email blast, simply walk away. Timing email blasts is a tough way to make money.
Excellent post!!
Here is a discussion on a science board:
http://www.scienceforums.net/topic/40713-kender-solar-engine/page__p__494380__hl__kender__fromsearch__1#entry494380
The conclusions are basically negative.
Be careful here!
Mike
Sorry about the previous post. I see now that the information was copied from the Yahoo board.
Does anyone know of an independent analysis of the technology that validates or denies its credibility?
Dear Future,
Thank you for the informative posts. Could you give a hint as to the source of your information? Could you post or PM the newsletter? I thought I was signed up, but didn't receive it (or it could have gotten lost in my spam).
Any comment on the stop still there, and the share price tanking?
Thanks!
Mike
On yahoo message board:
This is everything I found about Kender @ this time.
Please dont considder this to buy or sell shares. I only am here to inform people who care about Kender, but most of this is not confirmd by the company ( a few stuff was already told into Kender newsletter). I just find it trough diffrent connections...
STOP NO INFORMATION SHOULD BE REMOVED THIS WEEK!
JEAN COUSIN, THE INVENTOR OF THE KENDER ENGINE IS 73! AND NO LONGER (LOOKS NORMAL LOOKING AT HIS AGE) WORKING @ KENDER. HE HAS DONE A GREAT JOB (IMO) @ KENDER. HE STILL HAS A LOT OF SHARES AND DIDNT (IMO) SELL ANY.
1 UK UNIVERSITY IS WORKING OVER MONTHS WITH KENDER BY NOW AND ANOTHER IS IN FOR WEEKS.
ALL THE WORK TO BE DONE @ THE KENDER ENGINE IS NOW @ THE ENGINEERING FIRM. THE FIRM AND THE UNIVERSITIES BELIEVE THE KENDER ENGINE IS WORKING, BUT (and I dont know what yet) THEY ARE ALL WORKING @ ONE THING TO RESOLVE BEFORE BECOMING MARKETABLE. FROM WHAT I HAVE HEARD THEY SHOULD BE CLOSE BY NOW.
THATS ALSO WHY A BIG COMPANY IS INTRESTED IN KENDER. IF MY SOURCE IS RIGHT THE COMPANY SHOULD BE GENERAL ELECTRIC? CAN YOU IMAGINE WHAT THIS COULD MEAN TO KENDER AND HIS SHAREHOLDERS? ITS NOT COMFIRMED BY THE COMPANY YET, BUT I SUPPOSE WHEN GENERAL ELECTRIC IS REALLY INTRESTED KENDER WILL COME OUT WITH THIS NEWS.
DR. SUCHINDRAN CHATTERJEE IS NOW CEO OF THE COMPANY. I KNOW THERE ARE A FEW PEOPLE BELIEVE HE IS A SCAM BUT I BELIEVE HE CAN BRING MUCH TO KENDER. WHAT I KNOW FOR SURE IS THAT HE KNOWS A LOT OF PEOPLE AND THATS WHAT KENDER NEEDS. THE WORLD SHOULD KNOW THAT KENDER HAS THE POTENTIAL TO BECOME THE BIGGEST PLAYER IN THE ENERGY MARKET.
KENDER SEPTEMBER NEWSLETTER: FUNDING OF 250.000$ IS SECURED AND ABOUT 1.000.000$ WAS ALSO SECURED WHEN TE PRODUCT WORKS, BUT I GUESS THEY WONT NEED THAT... IF GE OR ANOTHER BIG COMPANY WHANTS KENDER.. WELL I SUPPOSE THATS WHY I AM HERE.
TO END IF YOU LOOK AT THE SHAREPRICE ITS ALMOST CLEAR TO ME KENDER IS NOT DELUTING THE SHARES ANY MORE FOR A LONG TIME NOW. THATS REALLY A GOOD SIGN TO ME. ALSO I BELIEVE SOME PEOPLE, MAYBE FROM THE ENGINEERING FIRM OR THE UNIVERSITY ARE BUYING SHARES.
AL OF THE ABOVE AND THE FACT THE SHARE IS STAYING AROUND THIS LEVELS GIVES ME A GOOD FEELING ABOUT THE FUTURE.
LOOK YOU DONT HAVE TO BELIEVE I THING I AM TELLING YOU ALL! THESE ARE JUST MY FOUNDS AND NONE OF THEME SHOULD BE CONSIDDERED TRUE UNTILL THE COMPANY VERIFY THIS.
TIME WILL TELL IF AM RIGHT, BUT ONE THING I CAN TELL YOU, I HAVE BEEN RIGHT ON SOME OF MY PREVIOUS FOUNDS...
There are a lot of people involved with Kender by now.
I will not tell you how I know but you will see I am right. If not just ignore me.
I will tell soon witch company they are talking to... and no I am not an insider I only dig and dig... its really intresting this company. There's a lak in transparancy but I feel there's a big reason for that! However when the STOP will be removed we will have a bit more transparancy.
I have a feeling this could be something big. The engine works , they only need to change a few things to become marketable.
I can say now that the STOP NO INFORMATION will be removed by the end of the week... or a the last by beginning next week.
There's also a big company talking with Kender
You're speaking of things that only an insider can know. Right?
Can you explain how you could "know" these things if you're not?
Utter nonsense. The only thing KNDR will change is investors money into a 100% loss.
I mean my first post on Investorshub!
I can say now that the STOP NO INFORMATION will be removed by the end of the week... or a the last by beginning next week.
There's also a big company talking with Kender... its talking but its great to see so many intrest in Kender. I should say finally, I think you dont understand that if this works, Kender will change the energy market!
You never post, made your profile today... what's your agenda and who are you? Chat...
(BTW How can you be "right" about ID.I if this is your first post? I was right about Apple in the 80's...)
The "mistakes" Chat made show a flaw in his character; a tenedency to defraud people. Go figure, a stinky pinky CEO that has a history of fraud .... who'd a thunk it!!!
How do you know? Give me something that verify this. Not some internet stuff... everybody can make this. Chat made some mistakes in the past but who dont? Believe me Chat knows a lot of people and thats exactly what Kender needs. Everybody should know that this could be the future!
Look no matter what you say If this works Kender stock will explode. It is also clear to me that Kender is not deluting the share. I know for sure they are now working with 1 university (UK) for over 2 months. Another is in for a few weeks and then you have the engineering firm, also UK. its clear that some of the people involved are buying shares for few weeks now. look @ the trading the last couple of weeks and maybe you understand that I am right!!
we will see some intresting things the next couple of weeks.
Keep an eye one Kender and stop posting all of these nonsense!
Talk to me later..
I almost never post, only when I have done a lot of DD. I was wrigt about IDOI in the past and I am almost sure I will be right about thiseone.
http://arizona.typepad.com/blog/2006/07/20_questions_wi.html
I found this link above. In 2006, he still seemed good friends with Bill Gates, in any case. I am a bit surprised about the 1997 lawsuit. But it seems quite obviously that that lawsuit got settled.
Janet Napolitano and Al Gore seem to be his friends also at the Democratic Party.
Unless anything negative has happened after 2006...
Has anyone found anything detrimental to him or KNDR after 2006 ?
No need to google him for me, I know he is a crap of a guy and will completely destroy Kender , if the company don't wipe him out asap...
he doesn't seem a very savory kind of guy, does he? Do a Google on his name.
If Kender Energy don't kick that Chat guy out asap, we will see triple zeros before 2011...
Or, you may want to ask "Dr. Chat"/KNDR about this:
http://drchatcrap.blogspot.com/2005/09/truth-about-dr-suchindran-chat.html
Why don't you ask "Dr. Chat"/KNDR about this?
Microsoft Files Lawsuit Against Former Solution Provider
Illegal Installation of Windows NT Server and Other Microsoft Products Prompts Swift Action
REDMOND, Wash., July 30, 1997 — Microsoft Corp. today announced it has filed a lawsuit against 21st Century Solutions Inc. of Omaha, Neb., an information systems reseller and former Microsoft® Solution Provider, for copyright and trademark infringement and breach of contract.
The lawsuit, which also names the company's principal, Suchindran Chatterjee, was filed in U.S. District Court in the District of Nebraska and is the result of an investigation launched following customer complaints to Microsoft's Anti-Piracy Hotline. It alleges that 21st Century Solutions loaded unauthorized copies of the Microsoft Windows NT® Server network operating system, the Microsoft Windows® 95 operating system and Microsoft Office Professional Edition onto computers and servers that it sold.
Iowa-based Premier Health Associates called the Microsoft hot line after employees were unable to obtain proof of the legitimacy of software provided by 21st Century Solutions. "I knew there was something wrong," said Lynn Peterson, president of Premier Health Associates. "I tried over and over to get the disks and the software licensing that I needed to be legal. Mr. Chatterjee simply never provided them. It's just unacceptable."
Premier subsequently filed a lawsuit against 21st Century Solutions and Chatterjee alleging breach of agreement and fraud. That lawsuit is pending in Iowa District Court for Polk County.
Microsoft Solution Providers are specially trained and certified by Microsoft to provide computer systems and technology solutions to businesses, using a variety of Microsoft products. As part of the Solution Provider agreement, the member agrees to make every effort to prevent the unauthorized duplication or pirating of Microsoft products and to take all available steps to protect against piracy.
When Microsoft determined that 21st Century Solutions had violated the terms of its agreement as a certified Microsoft Solution Provider, the reseller was dropped from the program.
"As a Microsoft Solution Provider providing custom software on Windows NT, we take the issue of software piracy very seriously," said Brenda Young, vice president of sales, Coyote Software Inc. of Omaha, Neb. "When Microsoft takes an action like this, it supports the confidence of the marketplace in the quality and integrity of all the legitimate Microsoft Solution Providers."
The 21st Century Solutions case is similar to several other civil cases Microsoft has brought recently against North American resellers for unlicensed installation of Windows NT Server.
"The increasing popularity of our BackOffice® family of products unfortunately also means an increase in piracy," said Jim Lowe, Microsoft corporate attorney. "We recently launched a nationwide campaign to confront resellers who 'hard-disk load' our client/server software products. To date, the 21st Century case is one of worst abuses of software licensing that we've investigated."
Microsoft receives more than 2,000 calls each month that are reviewed by investigators to identify computer retailers and end users who are using or distributing Microsoft software illegally. In addition to increasing enforcement efforts, Microsoft is working to help consumers recognize warning signs that could indicate they are acquiring illegal or counterfeit software, such as the following:
• No certificate of authenticity
• Prices that are "too good to be true"
• No end-user license agreement
• No product registration card
• No backup disks, manuals or other materials for software installed on a new computer system
• Backup disks that have handwritten labels, are not shrink-wrapped, or appear to be of inferior quality
• Manuals that are photocopied, are not shrink-wrapped, or appear to be of inferior quality
Customers or resellers with questions about the legitimacy of Microsoft products should contact the Microsoft Anti-Piracy Hotline, (800) RU-LEGIT (785-3448), or send e-mail to piracy@microsoft.com . For more information about software piracy, call the Business Software Alliance (BSA) Anti-Piracy Hotline at (888) NO PIRACY (667-4722) or send e-mail to software@bsa.org .
What's the difference? Only grants would not require equity.
Are they funded, or do they dilute to raise cash?
Kender Solar November 2010 Newsletter
Dear Investors and Newsletter Subscribers,
We are happy to keep you informed of our recent corporate developments.
1. We have a New President and CEO
Kender Energy has a new President and CEO on board by the name of Dr. Suchindran Chatterjee. Dr. “Chat” comes to Kender with a four decade long illustrious career in both the corporate and academic worlds. We are very fortunate to have a person of his caliber at our helm to guide us into the next exciting stages of the company’s growth in engineering, manufacturing, and distribution.
Dr. “Chat” holds a Ph.D. in Software Documentation from Vanderbilt University, and advanced degrees in Aeronautical Engineering, English, Technical Communication/Linguistics, and an M.B.A. in Information Systems Management/Accounting/Finance. Over his long dual career he has managed annual corporate and/or military budgets of over $10 Billion. Since 1988, he has served as the top Technology Executive or CEO, and the strategic thought leader, at five large organizations such as Digital Equipment Corporation (now H-P), three of the world’s top ten insurance companies and largest banks where he was responsible for I/T planning, program management, strategy and direction, and strict contract control. There he built the complex technical architectures and designs while intertwining business and technology goals through improvement of technical and operating processes.
2. We are being helped in our Efforts by two Major European Engineering Universities
Kender Energy has started to collaborate with two major European engineering Universities to perfect the Kender concepts and engine and make it a reliable and long lasting producer of alternative energy for industrial and residential use.
Viability is the key word for any energy producing device. The Kender engine is being engineered to last for 20 years without maintenance. For that reason, the input and experience of several University professors and advanced graduate students is of great importance for the entire Kender research effort.
3. Research is progressing very well
A full simulation and modelling of the Kender Engine is being aggressively targeted for release around 45 days. The working production ready prototype will follow shortly after that.
We are a bit late due to some hiccups in sections of the original concept that have had to be drastically modified, but we are getting there. You will soon be a proud shareholder of the company owning the most powerful heat transferring solar energy system on the planet.
Keep an eye on your KNDR ticker.
Suchindran S. Chatterjee
President & CEO
Sean Kelly
CFO & Chaiman of the Board
Kender Energy Inc.
36, Boulevard Helvétique
1207 Geneva
Switzerland
Web : www.kenderenergy.com
Tel : +41 22 700 7648
Fax : +41 22 700 7362
Mob : +41 79 203 7124
Skype : sean.kelly
Email : sean.kelly@kenderenergy.com
This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. E-mail transmission cannot be guaranteed to be secured or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. If verification is required please request a hard-copy version. This message is provided for informational purposes and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments.
I have been watching kender for a while. I like their approach to solar technology. Any input from anyone who is hip to their product developement?
Hate to bother anyone, however I have been in and out of this stock for awhile and have decided to keep myself updated in the event that I decide to change my position.
In the news letter Dated 17 Sept they state "with a world renown international engineering firm." and "we have always been backed by very wealthy investors"
My question is "WHAT" engineering firm and "WHO" are the wealthy investors.
I didn't send any money.............did you?
Sorry in advance if I wasted someone’s time on this or I missed it somewhere.
Thanks in advance
RustyL
Altran and Renault..
Kender PR GENEVA, May 12, 2010 http://www.kendersolar.com/docs/2010-05-12_KNDR_Hiring_Leading_Engineering_Firm.pdf
Kendr PR GENEVA, May 14, 2010 http://www.kendersolar.com/docs/2010-05-14_KNDR_Electric_Vehicle_Propulsion_Market.pdf
Altran operates alongside major energy-producing sectors, namely those of oil and gas, electricity conventional, nuclear electricity and renewable energy. We also support energy consumer sectors and particularly the customers which invest to optimize their energy consumption.
Our expertise includes engineering, security and regulatory compliance on equipments and facilities; support the conduct of projects, procurement and commissioning. Under the competitive liberalization, we are helping to set up services enriching the supply of energy. Finally, we optimize energy mix and efficiency of tertiary and industrial facilities.
Altran workforce in energy is up to 2 800 consultants. Know-how is so distributed by local nature of energy mix and by market specialization. Main features are hereafter.
Nuclear : France, USA and UK
Conventional electricity : USA, France, Germany
Oil and Gas : France, Italy and Belgium
Sustainable energy & consumption efficiency : Netherlands, Belgium, UK, Germany, Spain, Italy and France
The partnership between Altran and Renault F1 Team is no surprise. In an environment as competitive as Formula One racing, in order to be successful the best teams must be backed by the most advanced competencies available.
As European leader and a worldwide player in innovation consulting, the Altran Group is the ideal partner for a manufacturer like Renault in what could be described as the most prestigious form of motor racing.
After six years of a fruitful collaboration resulting in four world championship titles, the partnership has been renewed fore three more seasons.
ING Renault F1 Team
Renault's heritage of innovation in motorsport stretches back to its pioneering turbocharged engine
The Technology and Innovation Consulting Division, a long-established Altran activity, accounts for nearly half of the Group’s turnover.
The Technology and Innovation Consulting Division comprises companies whose activity has to do with the design, development, industrialisation and production of products and services with a high added value.
http://www.renaultf1.com/-Trina-Solar.html
http://www.altran.com/technological-partnerships/altran-at-the-heart-of-the-solar-impulse-challenge/
Is Altran a player? you tell me.... -ALL IMO-
Interesting conjecture. Wondering how you came to make that connection. Sounds plausible but some reinforcement of your corollary (and possibly some PR from Kender) would go a long way to foster the idea that they are (potentially) a real player in the market.
Our New Engineering Firm???
http://www.altran.com/technological-partnerships/ing-renault-f1-team-partnership/
http://www.altran.com/energy---industry/energy-and-industry/
It coincides with the PRs ( prestigious formula 1 team commissioned too bring production model to market ), and the PR regarding the vehicle sector and Kender. Renault is the no1 innovator in turbine systems
http://www.altran-academy.com/
If so... this Company alone will cause a great stir.. Euro/asia especially
Kender Solar September 2010 Newsletter
Date: Fri, 17 Sep 2010 15:05:01 +0200
Dear Investor,
We are happy to keep you informed of our recent corporate developments.
1. Great new steps in R&D
We have move many steps further to owning the most powerful solar panel you can find today. We have now signed an R&D partnerships with a world renown international engineering firm. We have now transferred all our R&D work to their lab, our being somehow limited in its capacity.
The steps with the engineering firm are the following:
A. Technical Viability (6 weeks of work to go)
- List of technical risks
- List of weaknesses
- List of targets for first series (volume, cost , manufacturing)
B. Market Validation (3 weeks of work)
- Business model fine-tuning
- Manufacturing strategy (on-house or outsourcing, short term and long term).
- Supplier investigation
C. Industrial strategy (3 weeks of work)
- Product and development program
- Study on manufacturing plant and setup costs (volume operational costs)
- Fully documented business model
- Opportunities and exploitation plan
Once all this is done (12 weeks), then we have the first products coming out. Also, once this work is finished, we will have major announcements on the product and our capability to produce energy (electricity) simply from air. We want to have the whole world listening when we announce that. And when this engineering firm speaks, we believe the whole world will listen.
These steps have happened with a slight slowdown, as in R&D nothing usually works on schedule. We indeed tried to push the efforts as far as possible in our own lab, but several elements needed more sophisticated equipment and staff. This has set us back by 3 months in our efforts, but we are still on track to meet our target by year end.
2. Funding of KNDR
At Kender, we have always been backed by very wealthy investors. They have supported the company, and continue to do so. We have received an investment of 250'000 US$ from our early investors, end of August. These proceeds will contribute to finanlize our R&D efforts. Substantial additional funding is available and secured, after certain R&D benchmarks are met.
3. Product availablity
The first series of prototypes for demo purposes will come out not in October 2010, but rather early next year 2011. We are a bit late, but we are getting there. You will soon be a proud shareholder of the company owning the most powerful solar energy system on the planet. Keep an eye on your KNDR ticker.
Best regards,
Sean Kelly
President & CFO
Kender Energy Inc.
36, Boulevard Helvétique
1207 Geneva
Switzerland
Web : www.kenderenergy.com
Tel : +41 22 700 7648
Fax : +41 22 700 7362
Mob : +41 79 203 7124
Skype : sean.kelly
Email : sean.kelly@kenderenergy.com
This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. E-mail transmission cannot be guaranteed to be secured or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. If verification is required please request a hard-copy version. This message is provided for informational purposes and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments
Can anyone explain the reason for the volume and pps happening today? No PR or news that I can come up with? Just curious, thanks
Bottom? Not even close.
It looks like the 20-day moving average for KNDR is providing some resistance for the stock. On Thursday, it closed at $0.018 and people are expecting to see a positive open today as the main resistance area is $0.02.
KNDR as it swung in a fairly wide range. The stock is testing resistance at $0.02 and people are expecting this price to break as soon as trading volume starts to increase. KNDR is finding some decent support at $0.015 and people are expecting that price to hold in the near-term.
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A photo of the 2nd Kender engine prototype
Sean Kelly, Chief Executive Officer Sean Kelly founded Kender Solar and structured it's financings and stock market listing. |
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32.000.000 as of Feb 28, 2014
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http://www.otcmarkets.com/financialReportViewer?symbol=KNDR&id=121397
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