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My post is the reality of penny/OTC world.........
If a pinky goes anywhere good, it's the exception rather than the rule.
As I said the filings you keep talking about are a refiling of older filings, not new filings.
If not for all the hype/pumping, IMO this would still be at .0001 or less.
Is the owner selling shares of the restaurants ?
Pennies typically do not drastically rise and drop. They may make a drastic rise for a very short time then tank and never come back to that level. Most do just what this one has done multiple times with different owners throughout it's history.
Flippers buy millions of shares at .0001, pump them making all kinds of claims and sell them at maybe .0004 more or less, then wait for them to drop, buy them again and pump some more sell again and keep doing it.
The suckers whom buy the hype and hold for a big payday get left holding the bag when the stock tanks and doesn't recover, the company does a huge reverse split or goes belly up wiping out the bag holders.
That's why if you study about penny stocks, it tells you they are very volatile and extremely high risk.
Nothing new, it's just a refiling of old stuff with a name change.
Key words to notice in all the filings are UN-AUDITED, which means there's no assurance they are accurate.
Just more hype to P&D.
The skull and cross bones are still there for a reason.
With KNSC, history has repeated itself several times. The postings talking about franchising, new restaurants etc. sounds like Kenneth Glynn's playbook from years ago.
I don't see any of these postings from Mr. Nasser.
There's nothing in the SEC filings indicating anything positive.
The 8-K filed on 2/14/17 was merely a refile of the 8-K from on 3/10/16.
I will be getting my information from what I find in the filings, not what I see here.
That's the only way to get the real facts.
Anyone wanting to do research on KNSC where you can get the facts not spin can go to SEC.GOV Edgar Search Tools.
It is the Securities Exchange Commission website with all of the filings.
It is time consuming but worth it so one doesn't get suckered by all the hype to pump and dump.
This one has a long history.
The P&Drs aren't doing him any favors, they're just enhancing the negative baggage attached to KNSC.
What does Pete Carroll have to do with KNSC ?
When you look at the sequence of events this move from 3+ billion to 10 billion was done under Adel Nasser not Ken Glynn.
Making that kind of move most would agree is not a sign of a healthy company.
Ken Glynn raised the AS several years ago, milked it and did the R/S after he told the investors he would not do it.
You don't always see PRs from the owner in a P&D scheme.
The pumpers keep saying when the CEO does this or that, it's coming soon. It'll be current soon, etc., etc.
So far KNSC is being pumped/and dumped in the same manner as under previous owners.
If and when I see something beneficial which gives value to long share holders, I will be on board.
More BS scamming. Where is the evidence a reverse merger has taken place ?
The only profits are going to pumpers and dumpers.
The new filings with name/ticker change BS has been going on for weeks.
This same scenario has been repeated with KNSC through multiple owners for several years.
At this point, this appears to be no different.
I'm simply pointing out all the BS posting that only serves the pumpers and dumpers not serious shareholders.
What I may have lost is irrelevant, they didn't wipe me out with the last R/S like they did many others.
With the shares rising from 3 billion to 10 billion under this owner, I see it happening again.
All this hype and KNSC still has nothing to offer.
If the new owner is trying to make something good out of KNSC, the pumpers and dumpers have pretty much torpedoed that with the bogus/misleading hype.
Gee, what do you suppose all these pumpers that want the suckers to hold long are doing ?????
They want the suckers to hold long enough so they can flip, then pump again and catch some more suckers.
This is what has been going on from day one. The only movement for KNSC has been the pump to dump. Encouraging newbies to hold long so the pumpers can dump over and over.
This pattern has been repeated through multiple KNSC owners.
This has been a toxic symbol since it first owner.
Pump and dump has always been the stock in trade for KNSC. Time is running out for the pumpers because the suckers will quit biting...........
The KNSC sharks are circling the suckers. Same tired BS, keep the suckers holding long enough to flip wait for it to drop, buy it again, pump it some more and flip.
That's funny because I look at the same SEC filings as everyone and there's no KNSC filings for 2017. Hmmmmmm......
LOL progress has been none existent, just the BS hype being posted here to pump and dump.
This annual report is nothing more than Adel Nasser renewing the restaurant corporation registration with the State of Florida.
All the other BS being posted is not in the annual report, it is made up by the pumpers.
We do annual reports every year, I know what's in them.
This annual report is not KNSC as KNSC is not a registered corporation
in Florida.
To bring attention to the scam plays like KNSC has always been and the con artists that keep ripping people off.
The agenda of pump and dumpers is to Con/Scam over and over to take other people's money.
KP is still here keeping tabs on all the bogus hype to pump and dump this worthless empty shell.
Kenergy Scientific (KNSC) is not a registered company/corporation in Florida. It is also not current in it's SEC filings as some here have indicated. Adel Nasser owns the controlling shares in KNSC and he is the Franchise owner of two Habachi Grill locations in the Miami Florida area.
Where are the records/filings to show Habachi Grill/Noodle Bar is owned by Kenergy Scientific (KNSC) ?
All this BS spin means nothing. KNSC is still and empty shell.
There is no current KNSC annual report filed with the SEC so this post is misleading at best.
Postings here should be about KNSC not Habachi Grill.
Posts making claims about what the CEO/Company could do, might do and Maybes mean nothing. The facts at this point are what I put in my last post.
All this pumping/hype is just that, nothing to support any of it.
When there are no positive SEC filings, the company is not going anywhere.
It is an empty shell.
LOL what filings ? There's nothing filed with the SEC since 2016 and that was simply a change of ownership of the controlling number of shares.
KNSC has never been a successful anything. Maybe you can explain all the hype and multiple owners over several years that never produced anything of value for long term share holders.
It's a worthless shell as anyone that does the research can see for themselves.
The KNSC record and activities speak for themselves.
IMO this appears to be a repeat of a repeat. All hype with nothing to support it.
KP and others are shining the spotlight this scam. The ones loading are pumpers so they can dump and leave the longs that bought into the hype holding the bag.
Nothing has ever been produced by KNSC that was beneficial to any long term share holders.
This is a shell that has been pumped and dumped several times with different owners.
Do the research on KNSC. It's been a scam pump and dump for years. All the chatter on here is hype to flip this worthless stock and the suckers that buy and hold for a bigger payday will be left holding the bag of worthless shares.
It has changed ownership several times and the end result is always the same, worthless.
The BS posts here far outnumber my factual posts. If something positive actually happens with KNSC which has been nothing more than a P&D scam, I will say so.
Fewer people seem to be believing the garbage/hype being pumped to flip this scam.
This KNSC BS pile just keeps getting higher so the pumpers can dump and leave the longs holding the bags of worthless shares.
What counts is what is filed with the SEC and there is nothing current or positive with this symbol.
All of this talk about New Jersey and Speech switch is smoke and mirrors.
Speech switch hasn't existed for years.
This is the same BS that has been repeated over and over with some variations.
It benefits the owner when they dump their shares then do an R/S so the suckers that bought them get stuck holding the bag, which is usually what happens.
Because the post is much better information than what's up there now.
I don't post to help the pump and dump scammers. An R/S only benefits the owners. Certainly there's no new bottom here. It's the same old misleading P&D to attract the unwitting newbies and turn them into bag holders.
Thanks for the clarity. I'm happy to see someone else sees this scam for what it is. Nothing here but hype and nothing to support it.
That has been it's stock in trade since day one.
With the R/S potentially the per share value increases but you have a much smaller number of shares therefore no real total value increase.
If there's an increase at all usually it's very short lived and more often than not the stock tanks and never recovers as happened with KNSC under the original owner.
IMO an R/S does not bode well for shareholders and is not a sign of a healthy company.
Yes and all of the suckers that bought the bogus hype and held like the pumpers here want them to do will be left holding a smaller (If any at all) number of worthless shares.
Do the research on KNSC.
That scenario is exactly what the original owner Kenneth P. Glynn did during several pump and dump schemes.
Each change of owners since has been a lot of hype/pump and dump, nothing more.
When the pumpers get the suckers to buy it up and hold, they pull a reverse split and we all know the rest of the story.
I see someone took down that bogus 8-K that up there with a sticky.
And the KNSC BS pump is running again. You need better bait to get more suckers, this stuff is really lame.