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I can see that.. :)
my prediction based on volume...on EOD.. is 6's wont go anywhere. unless everyone removes their ask.. soo..lets see who is right
what is so game time without EOD volume?
In your opinion, what is taking them so long man?
rothman.. I know at least 8 of the people I know in KnSC sent emails.. It's funny how you are the only one to get answers.. IF KNSC IR CANT READ THE NEW SIMPLE OTCMARKETS RULES FOR OTCQB WHAT MAKES YOU THINK THEY CAN HANDLE A MERGER???? They can't even get their PR's on the wire.
Where is the website.... In the PR they said a functional portal release was coming.. Stonedpilots.com/SP/ is not functional.. It had the same news on it everyday.
You say the IR had nothing to do with MMG. Well it does.. The Whois for office-360.com gives it away. Oh and btw the email on office-360.com is wrong.. Imagine that..
So basically KNSC HAS HAD FLUFF NEWS. 2013 annual report looked good 10-k showed improvement of revenues.. So where is the Q1 that is due by the 15th without late filings?? If they doesn't happen we won't even be PC pink current anymore... Just PL pink limited
I'm putting a call into the TA today for sure
He is the IR..
He's so full of crap... How can a COMPANY DO A HOSTILE TAKEOVER and than say they are not responsive. IM SURE THEY WWENRT RESPONSIVE WITH A "HOSTILE TAKEOVER" as they worded it.. The IR HERE HAS NO IDEA WHAT RHEY ARE DOING AND WE NEED A NEW IR.
Use the 2nd link.
Its price manipulation buddy. Yes its normal for penny stocks..but it is illegal which FINRA will investigate if enough of it is reported. Just the inquiry by FINRA will make the MMs back off their manipulation activity and will let this take its own course up.
So everyone report it by going to these links..
https://formui.finra.org/cdip-dynoapp/anon/accessForm;jsessionid=5029F74D544D33F6DD2515C3A2EC7E05.worker1?requestInstanceId=274636
and
http://www.finra.org/Investors/ProtectYourself/p118628
http://www.finra.org/Industry/Tools/P006647
Easy as PIE! I just wanted everyone to know there options...
Also if the IR has anything to do with miar@office-360.com that means MMG Is tied to the preferred shareholder. What's really going on. KNSC is being misleading IMO
Sounds like a circus is running the IR.. Responses are always so poorly written.. How can a company be non responsive if they are being taken over forcefully??? Also That rule everyone knew about... The IR read it wrong and was completely wrong about what they said..
all whois research leads to MMG
Very doubtful for a PR tomorrow.
MMG is not KNSC IR anymore
I agree we need the super 8-k like yesterday.. but good things do take time and planning
You know its next week... it's got to be to stay current. I wouldnt expect anything this week except sideways trading.
Rothman, thanks bud. I appreciate you sharing with us!
Re: IR Relations
May 5, 2014 at 6:57 AM
Company is in a quiet period
Can not make any comments
Regards
Tom
They have 90 days to meet the bid test of .01 . I think that means if they meet it within 90 days they are OTCQB again....
But KNSC is pink current PC which is good.. KNSC is up to date on their filings.. Hopefully they are not delinquent on the Q1... I believe 5/15 is deadline.
Here let me clear this up. Take 5 minutes to read the new otcqb rules http://www.otcmarkets.com/content/doc/OTCNewsletter/April2014Newsletter.html
They must care about being transparent because it cost money to show L2 if your not QB
A Rice CHICKUN! A Rise $KNSC, who is the new IR?
TStarr you got twitter? so I can message you about $KNSC
I called Toll Free Tel :1-800-338-5412 and spoke with a guy he said.. KNSC is no longer their client...
MMG is no longer a client of $KNSC than who is??? I just got off the phone with IR
TStarr here
MMG
Business Aggregators, Incubators, Venture Capitalist, Investment Banking, Consulting & Corporate Finance
Corporate Offices
General Mailing Address (N.America)
2325 Hurontario Suite 170
Mississauga ONT CANADA- L5A 4K4
Toll Free Tel :1-800-338-5412
(Mergers and Acquisition's Dept)
Toll Free : 1-866-646-2627
1-866-976-9044
International Dial ++ Hong Kong – +852 8170 0788 or Canada 1 647 660-1888
Sales 1 914 618 5694 (USA)
Sales +86 15 970477115 (China)
Sales 1 302 261 3660 (EU and Canada)
Accounting 1 347 871 7983
Toll Free General Fax: 1-866-455-6270
Confidential Compliance Regulatory Fax : 1-416-352-7834
China Guangzhou Office
14/F, 106 Huangpu Ave W,
Tianhe Guangzhou, Guangdong, China,
European Office (Servicing OTC Markets Only)
Telephone: +381 11 2394 065
Fax: +381 11 2362 952
Toll Free Number: 1-866-976-9044
* MMG +1 416-597-8884
MMG
5155 Spectrum Way, Mississauga, ON L4W 5A1, Canada
+1 416-597-888
ahhahah this is $KNSC right now. http://risechicken.com/
Reverse Merger Info
A Private Company’s Assets or Operations are Vended Into a Public Vehicle
In a reverse merger (or reverse takeover) the controlling shareholders of a public vehicle acquire the business operations or assets of a private company. Once the reverse takeover (“RTO”) transaction is complete, the private company is either “vended in” as a subsidiary of the Issuer, in which case all of its financials become reported under the umbrella of the public company, or the assets are purchased.
This is usually accomplished via a Share Exchange Agreement in which the shareholders of the private company receive a majority stake or “controlling interest” in the public company.
New Officers and Directors are Appointed from the Private Company in an RTO
With that change in control, new officers and directors are usually appointed from the management of the private company. The change in control is the reason why reverse mergers are sometimes referred to as a reverse takeover or RTO.
Interestingly, Issuers seeking private company candidates for reverse merger are often called “public shells” even if they have enough assets and operations to avoid classification as a “shell company” under Rule 144.
Super 8-K Type Disclosures Must Be Provided to Investors After a Reverse Merger
Once the reverse merger is complete, the Issuer provides disclosures regarding the private company’s assets and operations using a “Super 8-K” if an SEC reporting company, or an Information and Disclosure Statement if an OTC Markets Pink Sheet using the Alternative Reporting Standard.
The Private Company Now “Trades” on the Public Market
After this disclosure process, the private company’s management is in control of the public vehicle (which may be a former shell) and its stock is now quoted and trades under the same ticker or trading symbol. At this point, it often makes sense for the new management to change the name of the company, and its symbol, in order to emphasize the new business operations to investors.
Famous Companies That Went Public Via Reverse Merger or RTO
Some household names which are reported to have gone public via reverse merger or reverse takeover include Berkshire Hathaway, Blockbuster, Waste Management, Jamba Juice, Turner Broadcasting (which later became CNN), Occidental Petroleum,and Texas Instruments.
DTC Eligibility Issuer Tips on Presenting Securities
Once an OTCBB, OTCQB or Pink Sheet’s securities are DTC eligible, it is important to focus on a few key requirements that can help DTC promptly process the Issuer’s securities and make sure these transactions are accurately reflected within the records at DTC.
CUSIP Number Assignment
The first key requirement to ensure that DTC eligible securities are processed correctly is for the Issuer’s securities lawyer to obtain a new CUSIP number from Standard & Poor’s CUSIP Service Bureau for each new issuance.
New CUSIP Required for Every Corporate Action Event
A new CUSIP number must be obtained for every “corporate action event” that either generates a new class of shares, or which causes a material change to an existing class of shares.
New CUSIP is Required Before a Reverse Split Becomes Effective
The classic example of a corporate action event requiring a new CUSIP is a reverse stock split., which cannot be declared effective by FINRA until a new CUSIP has been assigned. This new CUSIP number is then printed on each new stock certificate, and helps shareholders, transfer agents and DTC keep track of the new issuance.
DTC Chills Are Tracked Under a Specific CUSIP
The CUSIP number becomes very important when questions of a DTC chill arise, since the way DTC checks for a chill is by CUSIP number.
When an Issuer’s securities lawyer calls or emails DTC to inquire about a DTC chill that a market maker believes was placed on an Issuer’s stock, the first question DTC will ask is “what is the CUSIP?” With the proper CUSIP number, it is possible to get an answer on the status of DTC eligibility or a DTC chill quickly.
Certificate Format
The certificate format for DTC registered securities is a matter best handled by the Issuer’s Transfer Agent. Issuers are encouraged not to be too creative with their certificate design, since DTC requires that the certificates comply with American National Standards Institute (“ANSI”) standards.
Proper Placement of Stamps and Labels on Certificates
Compliance with the ANSI ensures the processing is not delayed due to improper placement of stamps, bar code labels or other processing marks and materials. By requiring that these processing stamps and labels stay within the “standard assignment area” Issuers can help DTC streamline processing time, which helps shareholders.
Avoid Having to Revalidate or Guarantee Certificates
When stamps, labels and bar codes are placed outside of the standard assignment area, the face of the certificate could be considered “mutilated” and require a revalidation or guarantee of the certificate by the Issuer or the Transfer Agent, which can take considerable time.
As a securities attorney with expertise representing OTC Bulletin Board (OTCBB), OTCQB and OTC Pink Sheet Issuers, Matt Stout can recommend Transfer Agents that also specialize in the over-the-counter market.
Restrictive Legends
Most stock certificates for DTC eligible OTC Issuers initially bear a restrictive legend noting that the securities are subject to SEC Rule 144.
When these stock certificates are accepted for deposit by DTC they are sent back to the Issuer’s Transfer Agent for re- registration into the name of Cede & Co., as nominee for DTC. At that time, the restrictive legend is removed from the certificate and the DTC legend must appear on the certificate that is then registered in the name of Cede & Co.
Once the certificate is in the name of DTC’s Nominee, Cede & Co., when these securities are transferred by book- entry in the DTC system, DTC Participants (broker-dealers) and the beneficial owners of the stock will not be aware of any restrictive legend.
Each stock certificate registered in the name of Cede & Co. will bear the following DTC Legend:
Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to Issuer or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein.
Super 8-k coming soon for this RTO IMO $knsc
I agree with you Wall$treetKid.. thanks for clearing that up earlier for mw.. with the shell co. on $s**c
Investor Relations Firm
Magna Biz Consultants
244 5th Avenue
Suite K239
New York, NY, 10001
United States
http://www.otcmarkets.com/research/service-provider/Magna%20Biz%20Consultants?id=4679&b=n&filterOn=2
If they are still the IR firm... that's not good at all. Hopefully they changed IR's and havent updated yet.
its been a while since I have had a position in DSCR! got back in @.0021 ..!! I love this ticker! GLTA go $DSCR
Just a reminder!
Saw this post on FINRA reporting for MM's manipulating the stock.
this is not to scare anyone
Homer911 Thursday, 05/01/14 10:32:32 AM
Re: StockJesus post# 30673
Post # of 30698
Its price manipulation buddy. Yes its normal for penny stocks..but it is illegal which FINRA will investigate if enough of it is reported. Just the inquiry by FINRA will make the MMs back off their manipulation activity and will let this take its own course up.
So everyone report it by going to these links..
https://formui.finra.org/cdip-dynoapp/anon/accessForm;jsessionid=5029F74D544D33F6DD2515C3A2EC7E05.worker1?requestInstanceId=274636
and
http://www.finra.org/Investors/ProtectYourself/p118628
http://www.finra.org/Industry/Tools/P006647
Easy as PIE! I just wanted everyone to know there options...
MM Bid signal 125
$PHOT / $SIPC just waiting on confirmation PR
Saw this post on FINRA reporting for MM's manipulating the stock.
this is not to scare anyone
Homer911 Thursday, 05/01/14 10:32:32 AM
Re: StockJesus post# 30673
Post # of 30698
Its price manipulation buddy. Yes its normal for penny stocks..but it is illegal which FINRA will investigate if enough of it is reported. Just the inquiry by FINRA will make the MMs back off their manipulation activity and will let this take its own course up.
So everyone report it by going to these links..
https://formui.finra.org/cdip-dynoapp/anon/accessForm;jsessionid=5029F74D544D33F6DD2515C3A2EC7E05.worker1?requestInstanceId=274636
and
http://www.finra.org/Investors/ProtectYourself/p118628
http://www.finra.org/Industry/Tools/P006647
Easy as PIE! I just wanted everyone to know there options...