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NEWS!!!!
That is some good news IMO!
I too agree, KNBA needs to have more PR's to get the good things they are doing out there!
KNBA!!!!!
If you ask me they need to fire all the idjits working for them here in the US and start all over from scratch.
I totally agree. It's absurd to have KNBA trading at these ridiculously low undervalued levels!
Totally agree..! While they do seem professional to me they are not doing a very good job at creating awareness for the company at all and definitely have not earned their money so it is very sad indeed, for both KNBA and their investors.
Kinbasha is a company that deserves better, it appears to me they have been let down by anyone and everyone who has advised them about trading in the US. Wonder which idiot encouraged them to do that r/s...hmmm.
If you ask me they need to fire all the idjits working for them here in the US and start all over from scratch.
WHY in the h@#l are we paying / employing Trilogy Capital? Are they incompetent and maybe don't give a rat's ass about exposing KNBA to the investment community? SAD IR FIRM IMO
I'll agree with that.
Dynam went public Monday, after reading the article I guess their CEO didn't get the memo about Kinbasha....lol.
http://www.japantimes.co.jp/text/nb20120807a1.html
Kinbasha has more going for it then 95% of other companies that trade on OTC/Pink exchange but no one seems to be taking them seriously as Pink Limited Information. I'd like to see them pursue OTCQX, the big boards is not realistic right now but the OTCQX is generally seen as a precursor for companies wishing to go there. They could trade there for a year or so and it would give them a certain amount of legitimacy.
Right now it just seems like the $$$'s they are spending trying to create awareness isn't working, they could have paid those fees to OTC Markets and got more out of it I bet.
The decision to RS was fine so long as they kick this thing into a big exchange. I just hope they have big plans to do exactly that. That is the only news I am waiting for from the company.
Yeah, either they have a brilliant plan or they simply F'd up. I'd have to go with the latter at this point.
We were all quite shocked at the RS and it definitely did not improve liquidity.
They seem to have so much potential and yet are doing nothing with it. They may be doing something but to the world outside of the company it appears as if thy are doing nothing which adds value and justified the pps.
LOL..yeah it was an epic fail on their part. Hope they can redeem themselves somehow and for the sake of all the long term share holders here. That last PR was pretty pathetic imo.
Who can forget this little diddy concerning the reverse split.....lol.......FAIL..!!
"We are pleased to make this announcement as we seek to improve the marketability and liquidity of Kinbasha’s common stock and increase our potential viability as an investment opportunity," said Masatoshi Takahama, Chief Executive Officer. “Specifically, we believe the higher split-adjusted stock price will make it easier to effect transactions in our stock, broaden our potential audience and shareholder base and ultimately enhance our valuation.
.01 x $5.00 is that really the spread here or is L2 acting up on me?? That is just terrible, whoever advised them to do that r/s needs to have their head examined. It had a float around 2M, maybe a little less, before that was fine but this is ridiculous. Aren't even any MM's bidding for this right now, what a mess.
Yeah this one's kind of fluffy...lol...thus the reason for the underwhelming response. They should do some more videos I think those might be more effective, I know I quite enjoyed the last one, very professionally done, I was impressed.
Wow - surging volume! 100 share trade today. Musta been excited by the news release, Back to sleep ZZZZZZZZZZZZZZZZ
We got news for KNBA today...yippee...yahooo...um..yawn. lol
I think she'd tower over Godzilla....lol. She is from some group called Pachinko Scoop, not quite sure who they are or what they do, I guess they just report from pachinko halls, probably get paid from the companies to show up. I guess they are pretty popular as their YT videos have quite a few views.
http://pachinko-scoop.jp/
WOW, wonder if she is wearing platform shoes. She towers over even the guys in the background. lol She is a cutie though!
Ran across this video today, don't know who this giant chick is or what she is saying but they are inside a Kinbasha parlor.
As an incentive maybe they could pay dividends as debt. They need to offload that debt somehow :D
Yeah I think we will have to wait until we get on a higher exchange otherwise nothing will happen. I am willing to wait a year and maybe pick up some cheaps until that happens.
This is just another perfect example of a reverse split being an epic failure, these things almost never work out for investors unless their intentions are for uplisting purposes and I think we'd all agree KNBA is a long, long way from uplisting.......shoot they aren't even Pink Current yet.
Still I have to believe that because KNBA better then 99% of the other crap out there that a turnaround could happen at any time and in a hurry, wouldn't take much. How about a f/s..... would that be enough to entice some investors?? It would certainly add some much needed liquidity.
Yeah Brother, not your fault..everything DD'd was accurate just they screwed us over with the RS and now lack of liquidity.
BUT as negativeforce said it is not over by all means, could be big turnaround play and one day we could wake up with big gains.
Just the waiting has made me go insane here though, this is the LONGEST hold for a penny stock. IMO they had good intentions but you know what the other part of the saying goes. lol.
Yeah I have the same feelings. This hasn't turned out as I had hoped but It's not your fault though. A lot of crap stocks have ran up that don't have 1/10 of KNBA so don't blame yourself.
I haven't sold any shares. I will be holding them long term. All 13,500 of them.
It's not over yet though. We will see what other videos trilogy has for us. Yes, they said the first video is one of many. Who knows,maybe once they release all the videos the volume will roll in.
KNBA has been such a disappointment at this point, not to mention killed what little street cred I had around iHub....lol...!
However, based on the DD I collected I really believed this was the biggest no brainer in Pennyland. The DD was good and accurate, especially considering I got no assistance whatsoever from anyone associated with Kinbasha. The company was large, 100% real and 100% legit as I said but of course I could not have predicted some of the idiotic mistakes made by mgmt or that they would have so much debt on the books, that was impossible. I had to go with what there was to work with and my gut said this was a homerun, it could have been and maybe still will be someday but right now it just looks like a dud.
I'll probably always hold some shares here, since I'm practically married to the darn thing now but it's highly unlikely I'll ever add any more at this point.
Lol, lookout! kinbasha coming with big guns!
Dynam plans to use the money they raise from their Hong Kong IPO to buy 75 new pachinko parlors.
http://blogs.wsj.com/deals/2012/07/16/dynam-plans-75-new-pachinko-halls-in-japan-post-ipo/
Kinbasha plans to use the money they have raised going public in the stinky Pinks to buy a bottle of sake and a bowl of miso soup.
Another interesting article out on Dynam yesterday it talks about the fears investors may have concerning pachinko and the perception of it's ties to organized crime.
For what it's worth I don't believe that's the problem Kinbasha is having with this lack of interest thus far, I guess perhaps it could be a small contributing factor but I really don't see Pink or OTC investors caring much about that...lol.
http://www.ifrasia.com/first-pachinko-listing-hits-hk/21029524.article
Read an article out today on Dynam Japan Holdings, the second largest pachinko hall operator in Japan, who will be doing a Hong Kong Stock Exchange listing.
http://ajw.asahi.com/article/asia/china/AJ201207090067
You know I find it kind of funny that as shady and quasi-legal as the pachinko industry in general is, Kinbasha is still one of the most legit companies on the Pinks........sad but true.....lol.
Big investors need to see this at a higher exchange before the money comes in. It's gonna be a long wait and see ontop of the long wait and see we already have, lol.
It is excruciating to watch this stock do absolutely nothing for sure.
Not sure how they are going to garner more attention here as everything they have done so far has done nothing for shareholders. Like you said, if they would have left the share structure alone more interest would be in this stock. No liquidity at all.
Maybe if they announce they have put in their big board application or they have decided to merge with a solar company that will provide all their power and save a ton on utilities. lol.
The opportunity cost of waiting here is numbing to me.
Wonder if IR and Management are scratching their heads thinking WTF, no interest after all this money spent for audit, videos, consultants and travel!!
I wonder what kind of timeframe they have for opening new parlors in Tokyo? If/when that happens it would most certainly return them to profitability I'd think. Of course, as we all well know, Kinbasha only operates at two speeds slow and slower....lol....so I'm not going to hold my breath that the new parlors open up anytime this year.
I think they would almost be better off looking for a merger candidate, one of the bigger parlor operators that wants to trade here in the States like Maruhan maybe?? Realistically don't think it would happen but it sure would be nice.
I guess we sit and wait to see if KNBA can pull it off with opening new parlors, restructuring debt and becoming profitable.
Waiting for Godot. lol
C'mon KNBA show us some more news with some inkling of executing your plan.
Been trying to add, each day I raise my bid and no go, today was way above the bid and still zip!
Right now the bid/ask is gap big time so will stay on bid and move up to see if I can get any.
KNBA!
I couldn't agree with you more. If an investor looks at level 2 and only sees a couple of market makers on the ASK and they are miles apart it would be a turn off for sure.
I just hope they don't start diluting... talk about Yakuza water torture. lol
Yeah, first newsletter I have ever seen KNBA on, guess it doesn't have a large circulation or something because I did expect to see better results. It's just now starting to get noticed though so it could take time. Hopefully Trilogy will start utilizing their media contacts at some point, that would be huge.
Can't help thinking that the float is almost too low here and it could be scaring away investors, due to less liquidity and more volatility, maybe I'm wrong but it seems to me that the pre-split float of around 2M would have been much better, It certainly traded better back then and without any awareness whatsoever.
For sure me too. Probably hasn't been noticed by people yet...KNBA
KNBA, I am not lookin for I-hub traders with this company. Other investors may jump in and we could see some rally large movement. When this will happen, sometime!!!!
Gosh wish we had more volume? I thought that journal would have sparked more interest here.
The stars are aligning....3....2.....1 it's the final countdown
Let's see what kind of volume we get on Monday...let's Geeet
Reaaady to Ruuuuuuumbbbllllllllle!
Get ready for some volume here, its time for KNBA to shine.
I can see a room full of millionaires watching the video putting in orders on their phones afterwards :D
The quality is definitely impressive and it will get alot of attention. I have shown the video to a couple people and they were nothing but O_O.
Once they finish all their promo material I bet they will start the awakening. $50+? We can all dream can't we?
Fantastic video, very interesting. It's funny the company went from being completely silent for eons to becoming a PR churning machine...lol....I'm not complaining though. I wonder if they could be possibly setting up for a promo?? A good one would probably help in getting investors attention immensely because just the PR's themselves aren't really helping thus far. Of course releasing news at the end of the day Friday isn't necessarily the best time either.
I'm pretty impressed with what Triology has been doing these last several weeks but they just aren't getting results yet...I got a feeling they will come though... something have to give at some point one would think.
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