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I think they should get off their probably pork fattened butts, and do some facts and figures reporting as needed. Not likely to happen though, since they are swines...
It was doing fine, before they changed their ticker name.
Hey. A special dividend, of over a dollar per share.....
I wonder about the timing of such a thing.....
Would that be before, or after their plans of restructuring, and a hideous reverse split, leaving me with one residual share?.....
Woo-hoo.....
LMAO.
Just got in at 6.90, for the lovely dividend....
Yes. But it was down so low, I couldn't resist taking a 500+ dollar "gamble"......
We will see which way it goes.....
Jeez.....what a tanker(lol).....
What's next? Watch them either reduce or eliminate the dividend....
I think if they do such, this will become a penny stock quickly.
JMO.
So. I'm confused(as usual)....
Was today a good day, post split?
Volume over 5 mil. Shares at about 5$-ish.
For every buyer, there's a seller,and vice versa....
Was this all institutional owners bailing?
Was this speculative traders buying?
They only need it to stay above 2$ a share, to make NASDAQ happy(I think).....
Do I bail, while it's above 5 bucks.....???
Opinions?
For a company, that previously was a penny stock promoting cheesy IPOs, they have come a long way. Now they're shooting for a higher Nasdaq "presence", for probably a higher share price/value.....
If all of my long term pennystocks/microcaps could perform one tenth of this good, I would be tickled pink.....
JMO.
vism.....
Headed for the moon.....
Might hit a buck.....again....
I wouldn't even use the polite term, speculation. More accurate would be lies, even since the days when it was based on miracle fruity juices, in bottles....
As a previous owner of just 300 shares of apricus, I feel completely raped in the CVR deal. Not only was there a 1 for 3 RS, but I also lost an additional 10 fold loss in value. For my 300 shares of apricus, I receive only 10 shares of seelos. They might as well have called it a 1 for 30 RS, and we're renaming the company.....
Rip.....
Just placed my limit sell order, a minute ago, for 20.05....
We'll see.
This is a dead board, as kingtone is no more....
I see some new posts on lkco board....
Don't know how high it will go.
Or why.....
The Bank of New York Mellon has terminated the deposit agreement for the Luokung Technology Corp ADR's on 09/19/2018. As a result of the termination, you have until at least 01/21/2019 to decide if you would like to retain your interest in shares of the issuer. Each one (1) ADR is convertible into one (1) underlying ordinary share, ISIN VGG569811067. If you convert you will be required to pay a cancellation fee of $0.05 per ADR and a cable fee of $17.50 per transaction, and any taxes or governmental charges. Holders who do not convert will receive proceeds, if any, from the sale of the underlying shares. Information agent: BNY Mellon
I didnt like the last part, where they used the vague term "if any"......
Fidelity could only refer me to calling bny Mellon, for more info. I think mellon would have told me, that the terms are very vague....
So I chose to convert. Wish I could have sold my shares when they were coming down from 70 bucks.....
I went ahead with their offer, just to get my 100 shares out of "dead" status. Received them in my account, as of yesterday. Apparently, I only see a tiny nine dollars and change charge, for fidelity to process the action. I was expecting it to cost 23+, after reading about the offer.
Oh well. I placed a limit sell order for today at 8.05, but no takers so far...
LoL.
Btw, my original investment in kone was tiny. Only a hundred or two bucks. However, at the time it went belly up, it was worth about 750 bucks.
Sad, but even if it became some class action lawsuit, I'd only receive like $22.35, as a settlement.....
I'd rather not get involved. Tried a quick search on the sec website a few weeks ago, but nothing much was found about kone or luokung. My suggestion is to try contacting the sec, to find out why they were halted. My guess is that they weren't compliant, in one form or another. So, if the company remains unanswering, or silent, then nothing will ever happen. Sad but true. There is no form of international "policing", of such companies. Hence, "stinky"......
Yes, in a section of my fidelity account which I call the graveyard. This is a list of stocks that have gone chapter 11 or otherwise died. In rare cases, some of these dead stocks have either come back to life days/weeks later, and become tradeable, or pay out some tiny amount based on the finalization of the death. The listing shows as luokung, not kone, so this means the name change occurred, before it ceased. I'm still hoping it may spring back to life, if they take some sort of action up with the sec, towards restoration. Not likely though, since most of these stinky companies have their incorporation in the Cayman islands, or another anything-goes area of the world....
This one does make me wonder, exactly where does my held equity amount go? Into their pocket?
I think they were halted, right after the ticker change, by the sec for lacking some sort of information. Since then they filed what looks like a legitimate 8k, and more recently, news of an mou. Doesn't make sense why the sec is keeping them halted. I did read on yahoo msg board, that someone said they are a stinky company, and don't care about their shareholders.....
And, just like a "boil", on gar(fish), this stock is going nowhere.....
Sure there is....
People who got in earlier today, with stop loss triggering....
LOL
Hoping the bottom soon.
In at .83
Go KONE, go......
The man's gone off the deep end, in my opinion. I previously pictured him in some kind of miners hat, but now he chooses a sheik of arabia hat....
What he needs, is some sort of "weed" hat. That might spark some attention.
Think of all those sealed bottles of vivablend, somewhere in the "lab" he acquired. They must be fermented to wine by now.....
LOL
Jeez. I actually looked at this skeezy thing, a month or two ago and thought, should I take a chance again at buying a million or two shares at .0001/2......Stupid me. I missed the boat.
Good luck.
Been waiting a while, with a limit buy order set for 2.70.
When I bump it up to 2.71, I get a fidelity prompt that says only
increments of a nickel are permitted. Is that a fidelity thing,
or a market maker thing ? Afraid to change to a market order.
Maybe they'll let me in at EOD at 2.70, if I'm lucky ?
MM is Citadel.
Never mind. I see I just got in, when it dipped to 2.675......
Simply Nicosia, with his latest "hat". Don't be fooled. He only wants fools to buy shares, to afford steaks on the dinner plates, of his "family" members. There is no legitimate "company" here, at all....
Here....I offer him the "grace", to defend himself here, somehow....
I don't think we'll see a response.
Because he is micro-cap scum. Nothing less.
Rapery, or mopery.....one of the two.....maybe both.
Ringing the bell?
Down the toilet?
What's the deal?
Watching this thing......
Sadly.
Everywhere, and nowhere.....
Sadly.
Everywhere, and nowhere.....
Nope. Same old game. Nicosia wearing his various "hats", trying to lure in new fools.....
Woo-Hoo.....
Volume ....... two.....
The URN, is still an urn.
Coming back nicely, due to the new trial news. It still has to recover a 90% gain, just to make up for Friday's 45% loss....
Not fair, since it might have had a nice gain today, without last weeks decline....
Interesting articles....
I hate to "blame" the employees of the company.
However, their "given" shares seem to have come to maturity, in late April of this year. It's the only thing I see related, time-wise.
If so, I'm hoping other important staff members, don't do similar.....
The only thing I can speculate is that in late April, a ton of incentive shares from 2014 given to several officers, became "cashable". The only other guess is that if there is institutional ownership(ETFs/mutual funds/etc), the chief officer(s) lump selling triggered a bunch of bailing, due to stop limits.....
Kind of stupid, if the officers selling abruptly caused the days' decline.....They could have "trickled" their selling over several days/weeks, and the stock price probably wouldn't have dropped so hard.
Crazy speculation?
I don't see any other reasoning....
Jeez....45% down, in a day.....
I thought this thing had gone "legit".....
Rang the Nasdaq closing bell....
Only days ago, this thing was doing OK.
I guess I need to read the 10q, and any other relevant news.
Did Kwok take over?....
WTF ?
LOL
Me too. I still hold on to my ancient shares, simply because it's a success story like no other stock I've ever owned.
So. The Kwokster(director), buys a million dollars worth of shares, at 3.60 per share.....
Wow.....
Is anybody out there watching this thing? Or just me?
ARGS coming back. .44+ at EOD/afterhours, settling at .43 ......
SHRC
Still time to get in on 10% shares dividend.
Chart that can't be beat.
Hidden long term annual divi payer.
I guess the biggies think it's going to hang in there, after reading the S-8. Unless that's just a last ditch thing, for them to cash in their incentive shares. However, they recently let a bunch of people go. The unpaid lease thing sounds related to that action. Big deal. I think they need to release some news about how their other endeavors/studies, will keep them afloat.