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Plenty of room to increase the authorized, and will still be acceptable trading at these prices.
Looking for any info on the new company, LifeMed Wellness Services, or any filing reflecting this direction.
Id be more concerned about another reverse split. They are getting too close to their AS.
KLGG Thnx Holding!!
The Intro Message (formerly iBox) has been updated.
KLGG - a reverse merger (or change of business focus) in progress?
Business Description
Klegg Electronics (KLGG) was a high-end distributor of consumer Electronics, the company is in the developing stage in planning its new direction. Under its new name LifeMed Wellness Services, the company will market an array of products and services geared toward managing chronic disease through nutrition. LifeMed will operate an Online Wellness Center Ecommerce Site, and manage wellness centers in clinics nationwide. LifeMed will sell private label medical foods that are scientifically developed and clinically tested to treat specific diseases such as Diabetes, Heart Disease, Fibromyalgia, and Osteoporosis. Medical Foods are FDA approved nutritional formulas that can legally claim to treat a particular illness.
http://www.otcmarkets.com/stock/KLGG/company-info
Thanks for the share structure update. Still not bad for a stock trading at these prices.
What I would really like to know is the source of that updated info on otcmarkets.com. Is it from some recent filing, the TA, or directly from the company?
Glad to see you are still following KLGG.
Tell me how this is undervalued again????
New OS of 435 million from 34 million...ouch
KLGG Security Details
Share Structure
Market Value1 $696,445 a/o Oct 25, 2010
Shares Outstanding 435,278,187 a/o Oct 01, 2010
Float 54,007,404 a/o Oct 01, 2010
Authorized Shares 500,000,000 a/o Oct 01, 2010
Par Value 0.0010
Welcome aboard!
Please treat other posters as you would want them to treat you.
I'm here buddy, don't you worry...big things ahead, hits what you and I both know could happen and bounce you know I'll be there for the scoop.
PS - restriction.
Agree Have Been Watching Closely Unusual Activity!!
Again all the Volume on the Buy side
some one is grabbing shares above the
ask.
Some one is enjoying buyin shares of KLGG
at Richly Undervalued price they are enjoyn
Buying Nice Rich Growth down here as i like
Bargins as well.
Looks like this Stock could have a Robust
Richly break out soon as well.
http://ih.advfn.com/p.php?pid=trades&symbol=KLGG&java_vm=sun&java_vm_ver=1.6.0_21
All Buys Volume as well.
Only problem i cant get filled
any more they wont fill my Buy
Orders like they was as well.
Some one keeps buying above the ask
Today KLGG closed above the 200 day
moving average and its been a while
since it did last time nice Robust
rally came as well.
This wasnt a Gap it went up nicely
looking for a big volume day soon
as well.
KLGG Watching!!
KLGG above its 200 day moving average
Yes i got a alert on my Blackberry
this after noon and KLGG is above
its 200 day moving average.
Looks like we could see a nice break
out very soon.
Good Luck to the Bulls such
as i.
Good luck again as well.
KLGG Getting Interesting Got A Few!!
Hello AskSlapper. My self i think KLGG is
on the verge of a nice Richly Short covering
Rally even if there is no news in near future.
1 million shares have traded at 0.009 in the
last 12 days above the ask so someone wants
the shares to bid at that price.
Or they could be working on a Short covering
Rally. Anyway we will see soon whats up.
Back in January the stock traded 18 million
in one day so that could happen again soon
as well.
Good luck as well.
Thnx Good To Be Here Great Board Holding!!
Good to see you posting here.
Nice looking Chart for KLGG, looks like we may break the
0.009 that it has hit twice in the last week or so.
thanks again Aduke for posting the Chart.
Yes im still here i think the Pay Off is worth
waiting on.
Again that chart looks very promising, as well
as very Bullish.
And that 500K block was a Buy as well
as the Big block last week.
http://ih.advfn.com/p.php?pid=trades&symbol=KLGG&java_vm=sun&java_vm_ver=1.6.0_21
Some one wants shares and wants them filled
not trying to get them at the Bid or get a
Parcial fill at the Ask there just bidding
High so they get there Fill no doubt.
This Stock has to have a very Low float
to move like it does on a large Block.
Are you still here?
Aduke, no i did not dump a bunch of shares and then come here to post. See in my previous message where I say i have 25 shares left after r/s's? Thats it. 25 shares. If you dont believe me then thats your problem.
two r/s since I bought shares and here is a link for other info
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=KLGG
click on company info tab
ReverseScorpion how many reverse splits has Dennis done with
KLGG ??? have they been like 1 for 10 splits or like 1 for 50?
Do you think the float is small now or do you think he
has deluted more shares?
I do know on january 31 i think the stock traded 18 Million
shares and it took the stock up 1800%
So im guessing there is not to many shares to be traded if
it moved that much in one day i could be wrong.
Yes i have LVS and PCX in my TDAmeritrade account.
i all so have a 401k with other stocks.
Aduke......
I am from way back man. I bought into Dennis' crap when Paula Abdul was supposed to be promoting the klegg mini. A whole line of really neat plasmas and electronics was on the way! And theeeeeeeeeeeen, boom. R/S. Followed by............another R/S. I laugh every time I see klegg in my account. I still own 25 shares (post r/s of course) and wont file a worthless securities claim just as a reminder to do some DD. I like to poke my head in every once in a while just to say hi.
Something's always up with the MM's and pinks. Unless some serious $Volume comes in, I doubt if KLGG will make any move.
Do you trade any other stock besides KLGG? This one is a sleeper right now.
Aduke. No i didnt get filled and had
a order in at 0.0017 it dont show my
Bid.
The bid and ask was 0.001 x 0.0025
my 0.0017 didnt get any filled someone
got some for 0.001.
Something is up with the MM's
Just not sure what it is.
Thats awful to hear. Maybe you should find another hobby! KLGG on the mind is like nightmares every night!
I have had KLGG deeply on my mind
the last couple days.
MM's can do to do what they want to do i dont care
im holding my shares and will add when the stock gets
on fire again. as well.
I woke up with KLGG heavily on my mind
this stock would like to rally i think
the MM's are trying to get filled before
another Richly grossly rally appears.
I will wait these MM's out and when
KLGG breaks out i will buy more.
Could have anther 1800-2000% day
coming soon who know.
Yes, that is what we have on iHub right now.
Market makers at what they do best. All trades at the ask - $0.0025. They took the bid down to $0.001! Were all those trades at the ask sells? I don't want to believe that, but it would appear so.
I think it will be bulliness if KLGG closes here at 0.0025
maybe the momentuim will continue as well.
i been lookin for a break out and the stochics have turned up
on the charts and thats telling me there is growth in KLGG chart
and some resistacne at 0.0034 should break threw that.
Lookin for a great summmer with KLGG as well.
KLG is lookin great as well.
Hope every one makes a mints on KLGG
Im still seeeing 0.001 at the bid and 0.0026 at the ask.
There could be some delay in my qoutes as well.
Looks like some one is seeing the real value of
KLGG today.
I think it will keeep trending up as well.
hope dennis comes out with some bullisness news.
The Chart is saying thier is richly growth in KLGG.
I have a buy order in at 0.0017
I don't know where you get your quotes from, but the bid of $0.0017 is still showing on this board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50300784
Aduke those are my 0.0017 but now there not showing them
the bid is 0.001
Wonder why they have hidden my bid?
Anyway the last trade was 0.0025 up a 178% not bad.
I think there is some restistance at 0.0034
hope to see KLGG break that soon.
NITE is working on closing the spread - $0.0017 x $0.0025. No trades.
My point exactly. Somebody, somewhere, is "toying" with KLGG.
Watching/searching for a show of hands ...
Market makers jump in and out based on buy/sell orders from others. If the ask is .05 and you put a buy in for 100 @ .05 it doesn't mean your going to get it if they have an all or nothing clause on it.
If I put a sell order on my KLGG shares for $25 you will see scottrades market maker come into the fray.
And yes they can manipulate and go short where needed but they will usually only do this on increased volume so they don't get caught with their shorts down. And it goes both ways, up and down
Cheers, Tony
MM's should realize all that have wanted to sell
have months ago.
There trying to shake some weak hands which i think
there all gone.
Its time to let this stock run.
There using big spreads so no one will
go for the ask afraid of it falling as
soon as they buy.
i got all the time in the world i wait
these MM's out.
Thats right Aduke. i have moved up my bid 2 times
infact yesterday they gapped over my bid.
i got it set and just waiting to get filled
this richly modestly undervalued stock.
Market makers are not jumping in/out for no reason. You gotta know where/when to buy ...
Got my eyes peeled, and my fingers trigger-ready.
Even for a shell company, these are still decent prices. NITE came back today boxing it - $0.0010 x $0.0026. Bad spread, yes. Would not give me shares at the bid, which makes me believe that KLGG could be headed higher. Even HDSN came back, only with a bid, no ask yet.
A shell company might be a little harsh but a non reporting company for three years is as close to a shell compnay as you can get.
How do you know this is a good price when you don't even know the share structure. Remeber there has been a registration statement since the share structure was last reported (2007). Its not availble online so you dont know if they registered 10 shares or 100 billion shares.
Don't get me wrong....If you get in before a pump (assuming there will be one). You could make good money. IF. Remember when its hard to purchase, its usually hard to sell.
Cheers, Tony
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Klegg Electronics, Inc. (KLGG)
Contact Info
Phone: 702-530-9417
Klegg Electronics (KLGG) was a high-end distributor of consumer Electronics, the company is in the developing stage in planning its new direction. Under its new name LifeMed Wellness Services, the company will market an array of products and services geared toward managing chronic disease through nutrition. LifeMed will operate an Online Wellness Center Ecommerce Site, and manage wellness centers in clinics nationwide. LifeMed will sell private label medical foods that are scientifically developed and clinically tested to treat specific diseases such as Diabetes, Heart Disease, Fibromyalgia, and Osteoporosis. Medical Foods are FDA approved nutritional formulas that can legally claim to treat a particular illness.
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=klgg
Last Known Website
Share Structure
Authorized Shares
500,000,000 | a/o Oct 01, 2010 |
Outstanding Shares
435,278,187 | a/o Oct 01, 2010 |
Float (shares)
54,007,404 | a/o Oct 01, 2010 |
[chart]stockcharts.com/c-sc/sc?s=KLGG&p=D&b=5&g=0&i=p46389391263&r=2827[/chart]
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |