Kun Peng International Ltd (KPEA)

[Traderfan]

Anything above 30 cents again would please me.

[Welcome2Pinkyland]

yep. it was exciting times. then boom - they marked a wrong box on a SEC form and then no more trading

[Traderfan]

I just had a look and saw the last price on IB is still 90 cents. That‘s why I had it in mind. IB has no grey sheet trading (at least not online) so this was the last price when it still traded on the pinks. FWIW.

[Welcome2Pinkyland]

i did trade @ .90 and a $1 for a few shares post split.

[Traderfan]

Ok not sure why I had 90 cents in my mind.

[Welcome2Pinkyland]

split was 1 for 15 - pre split it was trading around .03 - .03 x 15 = .45

[Welcome2Pinkyland]

ask was around .90/$1 - bid was .20/.30 - but didn't trade much post split

[Traderfan]

When it stopped trading after the RS 90 cents was the price back then if I remember. Not sure though how the SS is now in contrast to right after the RS back then.

[Welcome2Pinkyland]

my guess was based on $CXKJ selling shares @ .30 - usually the guys that buy from the company want to make some good money - so i'm thinking 3x's to 10x's money invested- that is where i get $.90 - $3pps potential. doesn't rally mean much - just a way for me to gauge what pps this might go to down the road until i get more info

[philitup23]

Why was that range chosen? Why can't we just hope it starts trading between $8-$10 instead?

[Welcome2Pinkyland]

My guess is that when this starts trading again the pps may get to .90 or even $3. today for example- some $CKKJ shares traded @ .10 pps.

[tbirdman]

Huh? I don't follow.

"i'm thinking our shares will trade anywhere from $.90 to $3 each"

[ijeffc]

Read the sec filings thats what they are there for.

[Welcome2Pinkyland]

$CXKJ volume today @ .10pps $$$

[Welcome2Pinkyland]

no. in the S1 filing they stated they were raising $1mil @ .30 pps - so i'm thinking our shares will trade anywhere from $.90 to $3 each - down the road once $CXKJ starts trading again.

[colorfullife88200]

So that our original shares value as $0.035 will what ?? wipe out ??? Or will become 30c per share ? How do you think ?

[Welcome2Pinkyland]

Offering Price Per Share Common Stock $0.30
https://ih.advfn.com/p.php?pid=nmona&article=77924692

[Welcome2Pinkyland]

What is 'SEC Form S-1'
SEC Form S-1 is the initial registration form for new securities required by the SEC for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange. Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, and provide a brief prospectus of the planned security itself, offering price methodology and any dilution that will occur to other listed securities.



Read more: SEC Form S-1 https://www.investopedia.com/terms/s/sec-form-s-1.asp#ixzz5MD38mqxh
Follow us: Investopedia on Facebook

[Welcome2Pinkyland]

getting closer - FORM S-1 just posted: https://ih.advfn.com/p.php?pid=nmona&article=77924692

$$$ $CXKJ $$$

[philitup23]

What was the PPS going to be when the split happened and why is it trading so low right now?
Is this normal? When it officially starts trading, will it go back to a normal price? Sorry, I'm new at this.

[Welcome2Pinkyland]

more volume today 334 shares @ .035 $CXKJ

[Welcome2Pinkyland]

1000 shares volume today

[AngryElf36]

No ask or bid, but we have movement. Hmm...

[Welcome2Pinkyland]

Time will tell

[Traderfan]

Well them filing all these 8k‘s and now Q‘s apparently is the effort since they wouldn‘t need to do that.

[Welcome2Pinkyland]

The business seems promising:

Revenues

For the three months ended March 31, 2018, we had total revenues of $204,330 as compared to $15,049 for the three months ended March 31, 2017. The revenues were mainly generated through in-app purchases in our mobile applications Hot Chat and Little Love, and our mobile game applications Eternal Tribe. The increase in the three months ended March 31, 2018 was primarily attributable to the significantly increased subscribers of Little Love and Eternal Tribe, and in-app purchases.

but- the not trading is a real bummer

[Welcome2Pinkyland]

I didn’t see anything in the just reported financials about an effort to get this ticker back to trading.

[Welcome2Pinkyland]

Recent filings suggests they are trying to get back to trading- long and complicated process. and I’m ready to trade $$$

[philitup23]

Ready for what? Nothing seems to be happening.

[Welcome2Pinkyland]

I’m ready $$$ $MLGT $$$

[AngryElf36]

About time!!

[Traderfan]

New 8k filed, I think this will trade on the pink sheetd again in a while.

[AngryElf36]

Again, the price showing currently is the old price prior to the R/S. The "true" price after the R/S should be just shy of .23. That would keep our cost basis at =.

[Welcome2Pinkyland]

Hope springs eternal

[AngryElf36]

Maybe one day, we will even see and ask!?! Lmao

[Welcome2Pinkyland]

Yep. There may be a faint heart beat- but this stock is still definitely in a coma

[AngryElf36]

Still the old price prior to the R/S, but I will take some activity!

[Welcome2Pinkyland]

Hope so $$$

[AngryElf36]

Is that a heartbeat I hear? Lol

[Welcome2Pinkyland]

$CXKJ is up 2,500,000% on 5k volume today $$$

[Welcome2Pinkyland]

It’s stanard procedure a lot of times to post an extension.

[Helloweb]

So I’m guessing that’s not a good thing.

[Welcome2Pinkyland]

10q will be posted late

[philitup23]

What does that mean?

[AngryElf36]

Late 10q "Yay"

[AngryElf36]

Hahaha!

[Welcome2Pinkyland]

I miss the good old days when we had a least 67 share volume

[AngryElf36]

Can we get an ask so we can see the money in our account even though we can't touch it? Lol

[Welcome2Pinkyland]

As the days continue to pass I don’t either. Ha ha

[philitup23]

I don't know what you guys are talking about. Nothing has changed for me, but I'm happy you guys are happy!!