is...(50 and retired)
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Where is MJNA a year from now? Two years down the road? Either it crashes and burns or hits it big. There is no in between. In 2 years it will be $5 or it won't exist. Given my experience with penny stocks, I say it has a 1 in 5 chance of making it long term. That's the way it is. High risk, high reward.
Fortune favors the bold. good luck to us all.
WOW. Are we ever getting noticed! Number one by far of most read! I cannot believe it!
This is incredible.
The euphoria is tangible. What a smash hit of press release. Quarter over quarter saw increased profits . Notice also that debt also went up, but the profit kept up so that's OK. The increased debt also speaks volumes of MJNA's credit worthiness. I now believe that the article in Seeking Alpha was a deliberate attempt to drop the share price and grab as many scared shares as possible. Clearly, the SA article was engineered by a team of insiders in collusion with market makers.
God only knows how big that gap up will be at tomorrow's open! One poster said he thought he'd be lucky to buy in at .60 and I feel that he's on target. I have a lot more ammo to plow into tomorrow's open. It's going to be a wild day.
Will FDA put Multikine on fast track? "Much earlier than thought". Is this what you're suggesting?
This was supposed to take off by now. SEEK has proven itself to be a scam penny stock. All bets are off. They can dilute this all they want.
Why all the same address??? I'll tell you! Its a P.O. Box building and the "suites" are mailboxes!! Just like all the pink sheet scams! I sold the 999,999 blocks because Schwab only has a six digit field for the number of shares!
I am afraid that this is turning out to be a scam. Someone please reassure me and tell me that everything is going to be ok.
FROM AN EARLIER LINK I PROVIDED:
“The investing public does not have accurate or adequate information about these securities to use in making informed investment decisions. Nonetheless, stock-touting websites, Twitter users, and often anonymous individuals posting to Internet message boards have hyped many of these companies, and these promotional campaigns have been followed by spikes in share price and trading volume,’’ George Canellos, director of the SEC’s New York Regional Office, said in the statement.
SOUND FAMILIAR? Think objectively. Try to see what is in front of you rather than what you want to see.
I have no hidden agenda other than bitterness at having been taken by even smoother scams than this in the past. I am on a mission to expose these frauds. All the hallmarks are here: Nevada based operations. Huge number of outstanding shares. Spectacular stories in the press releases. Completely unverifiable information outside of the press releases. Provision of an investor relations phone number and no phone number for legitimate business.
Mass Pumping service e-mails to generate share purchases. Cheap looking website with mock photos of workers in hard hats in a refinery that have nothing to do with KING.
I want everyone to call that Grid Grabber phone number and ask if they have ever heard of King Resources. Alex keeps writing empty messages about this going to $1.00 and how great KING is with no verification other than the press releases. I promise you there is no pending merger with anyone. This is just a penny stock shell with a P.O. box in Henderson Nevada.
ITS GOOD TO BE KING. A king operates above the law. He can have as many women as he wants. People bow to the king. When you are king, you can generate press releases with fantastic claims as long as they are suffixed by the "forward looking statements" disclaimer.
Grid Grinder? I thought it was Grid Grabber. Even you got it wrong.
Grid Grabber Inc.
135B Cushman Road
St. Catherines, Ont 12M 6T2
352-593-8471
I am calling this company on Monday to see if they have ever heard of KING Resources and I will ask if there is any kind of deal pending. I will get to the truth.
What other reason is there for an Oil and Gas exploration Company to set up camp in Nevada? Alex, provide real DD independent of the press releases that shows KING's legitimacy. The jig is up. It doesn't work anymore. Stock Whispers is a penny stock pump and dump e-mail generator. KING doesn't own one piece of exploration equipment. There is no "merger" pending or otherwise.
The only phone numbers listed are "investor relations". That means the only "product" being sold is shares.
As I said, these penny stock pump and dumps CAN make you alot of money but you have to sell ahead of the insiders. Once they reap their fraudulent harvest the PPS collapses in a matter of hours.
Now let's see how long it takes for the moderators to delete this slice of honesty.
KING IS A GREAT COMPANY! This link explains why.
http://www.vegasinc.com/news/2011/jun/07/3-southern-nevada-companies-named-penny-stock-frau/
The mining giant Rio Tinto will merge with this little pink sheet P.O. box scam in Nevada? What on Earth are you smoking?
KING hod .0024 was done without any PR. This thing could fly into the pennies.
All penny stock "companies" based in Nevada are suspect. Nevada has very lax "look the other way" laws concerning start-ups. I have seen penny stock companies list their address as a "suite" when its only a PO box in Nevada.
http://www.vegasinc.com/news/2011/jun/07/3-southern-nevada-companies-named-penny-stock-frau/
Brokerage Account Total Account Value Day Change*
Total $***,***.**
Symbol
Name
( FullFull | ShortShort )
Quantity Price Change Market Value
Day Change**
$1,100.00
Ratings Reinvest Dividends?
Next Steps
Equities
KING
KING RESOURCE INC
KING RESOURC...
# of shr day chg. Pos. Tot.
2,099,998 $0.002 $0.00 $4,200.00
$630.00 17.65%
--
No
KING is a fraudulent Nevada based penny stock scam with no assets. It may go up to multiple cents for a rocket pop and that's where the smart money will unload. Even though its a scam, it could make us alot of money if its played right.
Total penny stock scam. No accountability, no repercussions. Massive reverse split followed by delisting and bankruptcy.
Total penny stock scam. No accountability, no repercussions. Massive reverse split followed by delisting and bankruptcy.
That was good DD! You fettered out alot of information. anyone would come to the conclusion that an advance into the pennies level would require a reduction in outstanding shares. A reverse split is inevitable if SEEK is to prosper and grow.
Usually a R/S is the death knell of a speculative penny stock. They pull them on you without warning and massive selling follows.
I really REALLY want to believe that this one is different!
I have been in this arena for 4 years now. I have seen penny stocks with greater promise than this implode with criminal prosecution to follow. I am speaking about SpongeTech in particular.
If any of you had a seat on that rocket you know what I'm talking about. It was the greatest thrill of my life making $64K a day for a week straight!
Hope and belief are two different things. Buying this was a mistake. I just hope I can sell my position for .0014 and not lose anything.
You look cool. Kind of like Vin Diesel! Go KING!
http://www.baldcelebrity.com/vin-diesel-baldness-and-muscles
I own 6.7M shares of this crap because I believed in it at one time. The one factor that gives me a little hope is that there seems to be steady accumulation day by day, week by week with no change in PPS. Either these are stubborn market makers, or SEEK is on a back burner and isn't important to them, OR it is being stealthily accumulated. I really hope its the latter.
I really do want this penny stock to take off like a Saturn V rocket. Even if just for a one hit wonder to 1 or 2 cents and right back down again.
At last some truth. Good post. Its THEIR credibility, not THERE credibility. Otherwise good post.
Yeah. It may pop. That pop is subject to gravity however. The PR would be the only propellant available. Fundamentals don't exist for a shell like this.
Exactly. LOOKING HOPEFUL. This is a pink sheet scam. No mining interests. Based in Nevada. NONreporting. Falling now. broken chart.
Oh, OK. Let's be positive after losing 1/5th of total value today. This is a scam. Pink sheet PRs can literally say anything they want with total impunity. Shell entities based in NEVADA can REALLY get away with it.
Let's hope indeed. The website most likely taken down permanently with news of bankruptcy to follow. Pink sheet scam.
Finally an end to this scam! That's why Tirotta got out! What a sack of dog excrement this fake shell was.
This is not a tree shake. It is a general lack of buying interest. The Whispers don't work as well as they did a few years ago. The jig is up. More speculators know about the pumping services. Its time for them to hatch a more clever scam. This isn't working any more.
Businesses based in Nevada Are very shady due to the protections afforded by the laxity, ambiguity and privacy of the laws governing LLCs. That's why all these penny stock companies base in Nevada!
Sometimes the pumping services can produce a short lived explosive rally in a penny stock. I hope it happens here.
http://beginnersinvest.about.com/od/holdingmethods/a/Nevada-LLC.htm
The only thing that will move this higher is more pumping from stock whispers. This is a shell operating out of Nevada like all the rest.
A link to info on Grid Grabber:
http://www.braaiboy.co.za/page/Grid-Grabber.aspx
Of course they're pumping! Sending emails to every subscriber trying to drum up the volume and interest in this Nevada based nonreporting pink sheet hustle.
There is nothing to say. No new information has been released, the PPS hasn't moved in many days, the volume is lackluster, the last stellar PR has no effect at all.
Whispers keeps pumping and thats good!
You're all expressing such hope. SG will do this or that, SG said this or that. Its a nonreporting penny stock that is getting no attention from penny stock whispers, bull warrior, or any other pumping service. We need the pumping services. Tell SG to shell out the money for a one month promotion with one of these outfits!
They have the connections with the market makers too.
Hi Amank7. I am a new stock holder of KING. I bought 2M shares today on a whim because I saw it on pennystock whispers. I love it when a junk penny stock based in Nevada gets the green light from the pumping services. If the MM coordinates with the pumping services these worthless POS penny stock scams can really run into the 5 - 8 cent area in a few days. Trouble is they fall TWICE AS FAST so you have to be really nimble and sell on the way up before everyone runs for the exit and the PPS collapses.
Seen it all before. Many, many times. They set up in Nevada due to the lax laws. They slap together a cheap looking website with photos of hard hat laborers on an oil rig or a refinery.
Even the charts and technical analysis are worthless because the parabolic climb and subsequent collapse are so steep and rapid.
GOIG.PK, SPNG.OB, ASFX.PK, ONFI.PK, SFIO.PK are all prime examples of how these things behave. I hope we have a runner here!
Cents level? Not with the current share structure unless the MMs want to pump it there for a brief run.