Would rather be SCUBA diving
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I think a lot of people read those OTC letters and realized this was not a short term play so they sold and moved on. They may have also misinterpreted the A/S O/S structure in the letter. Better for the Strong hands in for the long haul holding for the move to DOLLAR$ DEVM$$
Pretty amazing what has occurred in less than one month with KRFG$$!!
Guessing everyone that sold realized DEVM is a longer play not a 1,000% runner in a month so they sold.
More of the available shares in Strong hands now! GO DEVM$$
Cede & co is essentially DTC.
As of December 31, 2018, we had 51,928,111 shares of common stock issued and outstanding, held by 98 shareholders with one shareholder being Cede & Co., which holds 14,478,110.
Cede & Co.
https://en.wikipedia.org/wiki/Cede_and_Company
So there is our held at DTC portion. 14,478,110 in stock shares held at DTC.
Same not sure about the selling. Holding to see how far up we go.
WOW to be one of 98 shareholders is pretty awesome!
As of
December 31, 2018, we had 51,928,111 shares of common stock issued and outstanding, held by 98
shareholders,
Who sells at 0.077 the day we get 2 OTC updates? SMH
Doubled my position by hitting the ask today! Out of powder till Monday. Did my part.
CNHC Zero trades today. Everyone holding for news?
Same here. Emails from Kistler and the supplemental filed 3/26 & Att ltr 3/27 points to soon being Current.
https://www.otcmarkets.com/stock/KRFG/disclosure
CHEERS to OC! We owe you a few beers for sure on this SBES!!
New attorney letter on OTC today.
https://backend.otcmarkets.com/otcapi/company/financial-report/214429/content
COBI PINK!! I got my shares locked and ready for the ride!! Go BANGI$$! $1.00 or more!
We did get a supplemental update today that was good news and emails from the controlling entity (BK) as well. that pointed to the supplemental and stated TRX Fundco is not an issue. So really good news tonight. Have a great Wednesday trading! All of this was confirmed with emails from BK.
Yes that's the result! Current will come any day.
Not bashing just from a curiosity position, I also asked about TRX Funding and 875M shares. as that was not address in the supplemental . Was told it would not be an issue, but it was clarified that they could not speak for others. (not sure if this is KRFG, KJKG etc.) So sounds like that's not an issue either with TRX Funding from someone who does these reverse mergers.
Long on KRFG don't want anymore holdups on the shell transfer etc.
This Document is what I was referring to from Brian Kistler posted in supplementals today on OTCmarkets.
https://backend.otcmarkets.com/otcapi/company/financial-report/214418/content
Here is what I was referring to its on OTCMarket supplements posts. Let me know if this is proof or not?
https://backend.otcmarkets.com/otcapi/company/financial-report/214418/content
King Resources, Inc
215 North Jefferson St. Box 591, Ossian, IN 46777
Phone: 260-490-9990 * Fax 866-745-8713
March 26, 2019
RE: Current Information Update
To all interested parties,
This letter is to update all parties with the most current information regarding the status of
the Current Information status for KRFG with Otc Markets.
As of today Otc Markets has requested an additional amendment to in the Attorney opinion
in order to clarify the posted date and will be addressed promptly.
At this time all documents requested have been submitted and accepted. Any rumors should
be disregarded and only information posted on Otc Markets should be relied upon.
There have been some emails sent to me of screen shots indicating the Otc Markets has
commented on KRFG business to nonrelated parties. While I cannot speak on behalf of Otc
Markets it has been my experience that they will only discuss company information with
authorized persons, which at this time is restricted to me. Therefore, any other claims
should be disregarded.
Respectfully Submitted,
Brian Kistler
Interesting read on reverse mergers.
From a webiste for corp that specializes in the sale of a Shell company to go public vs doing an IPO.
Reverse takeovers always come with some history and some shareholders. Sometimes this history can be bad and manifest itself in the form of currently sloppy records, pending lawsuits and other unforeseen liabilities. Additionally, these shells may sometimes come with angry or deceitful shareholders who are anxious to "dump" their stock at the first chance they get. This is where we step in and insure the RTO is a clean vehicle.
One way the acquiring or surviving company can safeguard against the "dump" after the takeover is consummated is by requiring a lockup on the shares owned by the group from which they are purchasing the public shell. We go one step further by recovering these share’s placing them in escrow thus insuring they never hit the market and drive your price down. In other words, other shareholders that have held stock as investors in the company being acquired pose no threat in a dump scenario because the number of shares they hold is not significant.
Reverse mergers may have other drawbacks. Private-company CEOs may be naive and inexperienced in the world of publicly traded companies unless they have past experience as an officer or director of a public company. This is why you need the services of a knowledgeable consultancy firm to guide you through the rough waters. In addition, reverse merger transactions only introduce liquidity to a previously private stock if there is bona fide public interest in the company.
Wait for filings!
Also Big investment Group listed as an advisor in most recent Filings (had to remove name to post)
https://www.sec.gov/Archives/edgar/data/1572840/000168316819000200/sbes_8k.htm
The new interim Company management has entered into a certain performance based agreement to seek out private operating companies for amalgamation.
The new preferred shareholder, ( See name in attached link) has 10,000,000 Class A shares with super voting rights of 1-1000.
The Company has written off most of non-performing operations and has streamlined operations to nominal levels and eliminated negative cash flows.
The Company intends as part of the corporate turnaround plan to do a name change.
Who keeps keeps getting lucky each day and scoops up 20K shares at .08??
GO $$DEVM$$
You may have something there it dropped to .08
I have a place in Florida so this is a local company investment for me. I can place eyes on their projects and see them in local media etc.
Up 29% so far today. would be nice to close green a few days and hold the gains
Averaging down as well
Helped as much as I could today to keep it Green! Sold a few slugs today and slapped the ask a few times. Ended up doubling my position today.
When are current on OTC??
TRX Fundco also owned a large stake in SIPP (SIPC Ticker)
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=134961
TRX Fundco
Kevin Price
CEO, director
300,000,000 Common 2360 Corporate Circle
Suite 400
Henderson, NV 89074
Current Price for SIPC is 0.04
https://www.otcmarkets.com/stock/SIPC/overview
Great POST! Agree 100%. We should have news coming next week and then we have April Shareholder meeting and May Utah Cannabis Convention.
Last email from Investor Relations: We have some fairly exciting opportunities maturing. Expecting signatures soon. Announcements shortly thereafter.
Same here holding and accumulating when possible. Buying when possible. Just wondering how long I can buy at these levels before it goes to .10 or higher. Doing same with DEV*
I'm KRFG Long and Strong Not trying to scare with TRX Funding talk.
Bought 2/28 , 3/5, 3/7, 3/15 no selling , I'm loading. Just looking to see if Kistler may have other R/M's with shells where TRX Funding in the works. I'm thinking way ahead here to next RM with Kistler and TRX Funding. Trying to stimulate some addl DD on TRX Funding and Kistler and addl R/M's.
TRX Funding also own large shares of other companies not sure why Kistler can't reach them. Just making sure this does not prevent the YIELD sign from being removed.
SIPP industries also. Just odd that this shell has a 40% owner that no one can reach.
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=134961
Shares in SIPP
TRX Fundco
Kevin Price
CEO, director
300,000,000 Common
2360 Corporate Circle
Suite 400
Henderson, NV 89074
Volume 1,141,829,938 Wow! Just Wow!
Green Day for $KRFG Daddy Gets a Vodka Tonic!
=8-D
Glad to be 1 of the 1,014 share holders!
Total shares authorized: 3,000,000,000 as of date: Mar 20, 2019
Total shares outstanding: 1,971,729,001 as of date: Mar 20, 2019
Number of shares in the Public Float6
: 995,648,280 as of date: Mar 20, 2019
Total number of shareholders of record: 1,014 as of date: Mar 20, 2019
Typo page 5 Jeez hope that m vs a comma does not hurt.
Trading symbol: NA
Exact title and class of securities outstanding: Preferred A & B
CUSIP: NA
Par or stated value: $0.001
Total shares authorized: 20,000,000m000 as of date: Mar 20, 2019
Total shares outstanding: 10,000,000,000 Prf A as of date: Mar 20, 2019
20,000,000,000 Prf B as of date: Mar 20, 2019
Also noticed where the last filing was off with OS which may have prompted the new filing.
Total shares authorized: 3,000,000,000 as of date: Mar 20, 2019
Total shares outstanding: 1,971,729,001 as of date: Mar 20, 2019
Number of shares in the Public Float6
: 995,648,280 as of date: Mar 20, 2019
Total number of shareholders of record: 1,014 as of date: Mar 20, 2019
Problem filing:
As of March 15, 2018, the number of shares outstanding of our Common Stock was:
1,971,729,001
As of December 31, 2017, the number of shares outstanding of our Common Stock was:
[Insert Num1,507,558,706
Who the Hell is TRX Fundco?? Lots of links to one other company
Gaensel Mining:
http://www.gaenselminingenergy.com/en/about-us
https://www.otcmarkets.com/financialReportViewer?symbol=GEGR&id=147836
Holding till April-May also.
Est Rev in Q2 or Q3 from Green Dart - DKSC interview with CEO on Up tick News Wire.