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Sad to say, but this will hit 1's. Then it will trade between 1's and 2's until the "merger" happens...at which point the r/s will happen. During the 1's ride, volume will be in the hundreds of millions, but the price won't move past 2. All JMO.
wow. Someone bought 150 mil, and it didn't budge. VNDM controls this with 10,000k on the ask
Lol.
16 mil left at .0001, but I think there are some hidden orders out there also.
WTF!. LOL
Yes. At 10 mil
Right now on my L2, there are 18 million @ .0001, once someone buys those 18 mil, the price should jump to the next level (.0002). This is assuming no one else adds to the 18 mil / .0001 ask volume.
Since the stock price is .0001, there will be no bid. You can't bid less than .0001. Once (or if) the stock goes up to .0002, then someone will bid .0001.
Just thinking...a .05 valuation with OS @ 5 billion makes this company worth $250 mil. I don't think this company is worth $250 mil with or without RMDM. An R/S is inevitable; whether it's with a merger, or it's to meet that .05 valuation. JMO
IMO, they need to get out of the marijuana hype unless they have an actual product to offer. Anybody can create a website...or as they call it, a "portal".
Yea...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8943311
19+ mil shares
A few billion shares @ .0019 (the high) only equates to 3.8 mil, so if it was them, which I doubt, because I was involved in that volume also, they still have a lot more to spend. lol
KNSC back in Pink.
From the latest 10-Q...What does this mean...
"On July 16, 2012, the Company finalized an equity facility with Southridge Partners II, LP, a Delaware limited partnership ("Southridge"), whereby the parties entered into (i) an equity purchase agreement and (ii) a registration rights agreement. Pursuant to the terms of the Equity Agreement, for a period of twenty-four (24) months commencing on the effective date of the initial Registration Statement covering the Registrable Securities, Southridge shall commit to purchase up to $17,500,000 of the Company's Class A common stock, no par value per share (the "Put Shares"). The purchase price of the Put Shares under the Equity Agreement is equal to ninety-one percent (91%) of the lowest closing price of the stock following the five (5) trading days after which a put notice is deemed delivered to Southridge in the manner provided by the Equity Agreement. The Company also entered into the Registration Rights Agreement with Southridge. Pursuant to the terms of the Registration Rights Agreement, the Company is obligated to file a registration statement with the U.S. Securities and Exchange Commission to cover the Registrable Securities within 90 days of closing and thereafter the Company shall use its commercially reasonable efforts to cause the Registration Statement to be declared effective by the SEC within five (5) business days after notice from the SEC that the Registration Statement may be declared effective."
Next month, July 16, 2014 will be the end of the 24 months. Has Southridge slowly been buying shares, have they bought already, will they buy soon? Any insight on the above clause?
GM KNSC! lol
LOL, good "broker" analogy. But anyone can give advice on stocks as long as they are not "insiders".
The new 8-K will just repeat what was said in the last PR...That Wynn Wang is the new CEO.
KNSC news has never been on any major wires. Strange that it's not on OTC though...But I think it's a legit release. The way the SEC is targeting companies, KNSC would be foolish to release something phony. That said, most of their pr's don't produce positive results.
So I guess this thing will trade sideways for the rest of this month...at least.
I don't know when you got into KNSC, but I got in on April 2nd, and since around the middle of April I've stopped taking KNSC seriously. There is a pattern here. Sorry that they lied to you. LOL
I guess the news is good, therefore Monday makes sense. LOL
Why would they put news out on a Friday? Friday is known as a sell-off day in the market world. Bad strategy in my opinion, unless this news is bad news, then Friday makes sense.
NITE controls the bid now so this will stay @ 3
Right now ETRF is in control of the bid and the ask; if this holds for/within the next 20 minutes, KNSC will close @ .0004.
A lot of mpid's are confusing. ATDF is another one.
Scottrade is out-of-date. Lol.
E-trade sold G1.
https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2FmpidListing.php
http://www.bloomberg.com/news/2013-10-23/e-trade-sells-market-making-unit-to-susquehanna-for-75-million.html
https://www.g1x.com/siteminderagent/forms/login.fcc?TYPE=33554433&REALMOID=06-0005f742-b14c-12b4-ad1a-35720a774087&GUID=&SMAUTHREASON=0&METHOD=GET&SMAGENTNAME=ewrcmwebimm1_etcm_host&TARGET=-SM-https%3a%2f%2fwww%2eg1x%2ecom%2fe%2ft%2fimm%2fhome
ETRF (G1 Execution Services) is the "AX". With 34 million on the ask side; they are preventing this thing from moving. Anyone with L2, pay attention to ETRF and CSTI. These are the 2 MM's preventing KNSC from moving up.
Hopefully, but it hasn't happened like that yet. That said, this will be the first pr since they announce the "DTC" was removed, so we'll see.
But if no news this week, this could be a ploy to get people to sell.
We're all hopeful, I got in @ .0014; but I'm also expecting the worse.
IMO 911 bought shares is for the hell of it. Maybe you put all of your money in 1 basket and therefore feeling the pressure. Don't jump in the water if you can't swim. LMFAO
I think someone bought 911 shares @ .0004 just for the hell of it; nothing more. I hope you're not seriously looking at this any other way.
Someone was being silly.
4's and 5's today.
3's and 4's tomorrow.
And I hope no one is holding their breath waiting for this "PR". LOL
They are like politicians...a politician will say anything to get a potential vote; KNSC will say anything to get a potential stock sell. It's a good thing that people are becoming more conscious of BS, and BS'ers.
Lol. Me too.
No wonder the price dropped. lol
I wonder why no one finds it strange that KNSC is tweeting about an ex ceo who was fired; and as Troyski1 pointed out, their tweet of this ex ceo might not be the same person...which is even more weird.
If they are doing wrong, I hope they do get shut down. I have $2000 in this garbage; if I wasn't used to taking loses I'd be depressed right now :)
Something is totally screwed up. Who is running their twitter account. Who is running anything at KNSC, even the KNSC website is garbage...looks like a cut and paste job