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From Early Alerts email:
KING
Commitment, from AI is under way. Still courting Argentina possible merger and Grid Grabber as its operating company.
At the bottom of this post (all posts) is a green "Trades" icon.
http://ih.advfn.com/p.php?pid=trades&symbol=KING
1 month chart shows Acc/Dist. line turning back up. Looking like a bottom here?
"Great job, Harry????" Are you kidding me??? The company puts out a PR about finding a car that can go 400+ mph and YOU blame Harry for that fact that trading is light today???
Absolutely absurd statement IMO
Yep, baby steps....in the right direction.
Perhaps they did the right thing by not including KING in the early alerts because they actually had nothing new.
Another baby step IMO
Thanks for noticing that. A sign of signicant legitimacy albeit a small one. Could also be a sign that MM is handing over the reins. Another welcome sign.
These little indicators can add up.
Try to keep up. We've established and verified the share count (821M). The dumpers are gone. (VERT) Someone bought all those shares (Big buyer, MM "accredited investor") and accumulation is clearly indicated in the charts.
We've moved past the "PnD" chant. If you want to do some good, then share what you can find out about the prosepective mergers and their potential (if any). THAT will be the true test of whether this stock can go anywhere.
IMO, MM has to play by the rules of sound value now. The jig is up and they have an opportunity to do the right thing and establish some egitimate business in this shell.
Based on my conversations with the Company, I am still hopeful that this can be accomplished.
Happy to help. At least we have ONE piece of the puzzle in place......sooner or later the truth will out. I do believe, after several conversations, that it is reasonable to have some hope that things are getting done right and that success is a distinct possiblilty.
Good luck to all involved!
Agreed. The laying of blame casts suspicion on the whole operation (never mind past history). But that number is now correct.
Unless of course we have some naked short sales happening.
I suppose that's a possibility, too, as cliched an excuse that is.
All these concerns you have are trade secrets. I'm sure GE and Siemans would love to know what Harry has figured out. Please don't expect the Company to give up it's "secret recipe" to satisfy the concerns of shareholders.
Your best bet is to address the Company directly. Better yet, go and visit. Once Harry feels he can trust you he will talk your ear off. I promise he'll give you more info than you can handle. If you can keep up, all the better. He loves talking shop, engineering and steam. The more you know, the more he has to talk about!
I know this much: The engines run at supercritical, not "ultra".
Once the steam hits the pistons and "explodes", it begins to cool and condense immediately, it is further cooled as it is pumped back through the system to the heat exchanger where the process starts all over again.
So, far as I know the main pressure points are between the heat echanger and the piston head.
There were some experiments with different materials in some of the other moving parts. Ceramics, plastics and metals, but I don't know (or care) what was decided upon.
Hope that helps.
Just know this: This is Harry's life's work. His legacy. And he will get it right or die tryin'. I believe he is close, very close.
JMPOV
OK. Just had lovely chat with the Rep who handles KING. Very nice gal.
Here's the news:
"Yes, that is our document and No, nothing has been altered other than the blacking out of the Shareholder's name"
That's as far as she was able to go.
So, given the fact that the TA's reputation is on the line and they would be stupid to lie, we can safely assume that the new share count is:
Total Shares issued as of 4/19/12: 821,729,001
I am confident that this number is accurate.
Basta!
I am quite skeptical that the shares were issued to anyone other than a related entity by Min@mar in 2011.
PM me the info and I'll have shot at it.
This is from what the sent out yesterday.
As some traders have grasped on quickly to our business model, they realize that we at Min@ Mar Group are a mergers and acquisitions ( M&A) and investors relations (IR) firm that primarily caters to Accredited Investors / Institutional Investors
You should ask them to verify that the posted report was, in fact, generated by them. You are simply asking for confirmation and verification of its authenticity.
That's a reasonable request. Afterall, this is for their protection as well.
Send them the link in an email and ask for a yes or no. Yes, this came from us. or No, it did not.
1/18/11 Amendment Stock (0240S) - this is the increase in the AS from 290 Million to 2 Billion, althought the Delaware Secretary of State has the Authorized at 2.02 billion? I don't yet have a copy of this but I assume this is correct. This would have had to been done by Min@mar as they controlled the shell at that time with the ownership of the preferred shares.
Thanks for this. I'll have a look later when I'm not so slammed.
Apparently there is a recent certificate from the TA on OTCmarkets. MM is sticking by this as being the accurate sharecount.
Scroll down for actual certificate from TA:
http://www.otcmarkets.com/financialReportViewer?symbol=KING&id=78943
I'm 99% sure that a call to the TA would point you back to this document.
Interested to see what you come up with.
That's what we can infer. However, their are still bagholders from before and other large shareholders out there since MM took over.
It could be gridgrabber has shares is is selling to raise capital, but that was denied in a conversation with MM.
I'll be holding to see what happens. There is some potential here IMO.
This just in via Early Alert:
KING
Your BIG seller is gone! That's what NOBO lists show. Also please review the lawsuits Belmutt Partners.
http://lettersblogatory.com/2011/03/22/case-of-the-day-belmont-partners-v-mina-mar/
http://www.reuters.com/article/2009/06/25/idUS225933+25-Jun-2009+PRN20090625
"Certain assets" means certain stock.
The ex-management seems to make a habit of doing this
http://dc.citybizlist.com/5/2011/12/12/SEC-Charges--CEO-Joseph-Meuse--and-Belmont-Partners-in-Fraudulent-Scheme.aspx
Please read our disclaimer. When KING started out in the 0.0001 range Min@ Mar Group compensated in cash for services to be rendered.
Thanks, you're right. Doh! on me.
That's a considerably bigger pot, even at 300M. But it still seems like much less than will be available should any of these mergers come to pass.
Here's another question:
Did Cresscent keep any stock? Which MM would not want to brag about?
And with all the "trading groups" alerted to this, isn't fair to assume they'd be savvy enough to direct their sales through VERT?
Let's look at this logically:
"So since the volume in the past 15 trading sessions has been over 550 million shares, the vast majority coming from one market maker VERT."
Let's take that number at an average sales price of $.001...fair enough?
IF, every single one of those shares were sold by one seller they would have made a whopping $55,000.
Now we know many of those shares were momo players and bagholders getting out. So, a fair number sold by VERT might be 300? Fair enough. That's only $30,000.
Logically, doesn't it seem incredibly short sighted of MM? They've obviously put a huge amount of effort into this thing, doesn't it stand to reason, they would be in it for a bigger pot?
The seller simply has to be someone who is not privy to or not trusting of the effort MM is putting behind this thing.
The simplest explanation is often the most correct (Occam's Razor).
We are going to have to accept your expertise at reading court documents since I have never seen them, nor do I suscribe to Pacer. But would you be willing to concede that court documents can be misinterpreted? And that they certainly don't reflect the "truth". People lies in Court all too often.
I'm just saying....all this buying on very high volume is telling us something and claiming MM is dumping here to make pennies (compared to what they might make) just doesn't add up.
King Resources, Inc. (KING) Graphite Merger Expenditure Indicates Up to $150 Million Worth of Assets
Date : 04/23/2012 @ 11:30AM
Source : MarketWire
Stock : King Resources, Inc. (KING)
Quote : 0.0007 0.0001 (16.67%) @ 12:39PM
King Resources, Inc. (KING) Graphite Merger Expenditure Indicates Up to $150 Million Worth of Assets
King Resources, Inc. (PINKSHEETS:KING) (http://www.king-resources.com) Further to the company announcements of earlier dates where amongst other things KING management disclosed two separate targeted merger candidates, namely the N American Graphite company and the S American (Argentina) lithium mining company the company is providing this update to its followers regarding the possible cost exposures KING may incur.
-- Graphite Merger:
Graphite has proven resources, and metallurgy done on the ore. The company estimates the average percentage and a conservative "rough estimate" to me a minimum of $150,000,000.00 worth of graphite. Property is on a "walking" distance from a major city having all infrastructures in place.
Exposure to KING is approximately $1,5 Million Dollars over 3 years.
KING is currently exploring the possibility of acquiring a 50% interest as well. Hence lowering its exposure to about $750,000 from 1,5 Million as well. KING management is of the opinion that should it proceed to do required work and sell property, (once well explored) it would be very possible to liquidate for approximately $10.0 million. This opinion is based on its mining expert's advice (sic) "as that is usual price after that much exploration".
-- Lithium Mine
The company asks its followers to review the Argentina mining filings posted on OTC Markets website. That report is self explanatory. Exposure to KING is approximately $1,3 Million Dollars over 2 years.
KING has available means and or access to funds to complete one or both of these transactions. KING is providing this update to its shareholders and followers as part of its full transparency aspirations to its shareholder base ahead of any final merger execution.
More details will follow on a timely basis.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of King Resources, Inc., that constitutes forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. King Resources, Inc. cautions you that any forward-looking information provided by or on behalf of King Resources, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. King Resources, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond King Resources, Inc.'s control. In addition to those discussed in King Resources, Inc.'s press releases, public filings, and statements by King Resources, Inc.'s management, including, but not limited to, King Resources, Inc.'s estimate of the sufficiency of its existing capital resources, King Resources, Inc.'s ability to raise additional capital to fund future operations, King Resources, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match King Resources, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. King Resources, Inc. does not undertake any obligation to publicly update any forward-looking statement.
Contacts:
Investor Relations:
www.min@margroup.net/helpdesk (@=a)
Investor Relations Department Inquiry
www.min@margroup.com/updates (@=a)
From today's "Early Alert" email:
KING - News released and projections. $150 Million Dollar dig! This could be a huge move for KING. The Company is looking to possibly close both mergers. Watch for Grid Grabber to steal the show with some of their announcements / contracts.
This is getting tedious. You keep accusing them of lying and you offer no concrete proof to back up your claims, Only circumstantial evidence based on ancient history from other stocks.
Consider this: You may remember a time before the lawsuit (mm v. muese) when Meuse had created a ton of preffered shares. You and I researched it and deemed it illegal (which lead to many long discussions with Belmont). Nothing came of those talks, try as I might. And we never figured what happened to those shares.
For all we know, Belmont did keep a bunch and converted them prior to the their selling it to MM. I would not hold it past them to have kept this out of the lawsuit that MM brought against them later. Was that a reason for said lawsuit?
We just don't know.
What we DO know: Someone is buying up this unnaccounted shares.
MM says they are not diluting. Adamently. I have spoken to them and found them to be genuine, unlike the impression I had with Belmont. This is no guarantee, of course, but my gut is inclined to give them benefit of the doubt.
Further, look at the huge effort MM has put into protecting their reputation. (lawsuits against this site, lawsuits against individuals) Their actions seem to back up their statements. I was told that they were aware of their reputation and were fighting hard to fix it, primarily by doing the right thing.
Remember also, they are just one key component of this market. Don't forget those who stand to profit from their bad rep, the massive amount of momo players (who account for a great deal of volume....they can use VERT as easily as anyone via directed trades) and the bagholders, like you and me, from the Norris days....I know of at least one who got out when the getting was good.
So, I would appreciate it if you looked at this situation a little more circumspectly, with less assumptions based on some of their history and try to put forth a more balanced view.
As I see it, it is just as possible that previous management is dumping, MM is trying to do the right thing, there is 150M worth of minerals in the mine and Gridgrabber has a better mousetrap.
I'm not saying your assumptions won't prove to be correct, they may well come to pass. But this also might be the exception that proves the rule. So let's give it a chance shall we?
Remember, someone IS buying ALL those shares! That is a fact we can bank on.
I'm with you. Well put.
Cyclone Power Technologies Files Annual Report on Form 10-K And Releases Progress Letter to Shareholders 04/20 06:00 AM
POMPANO BEACH, Fla.--(BUSINESS WIRE)-- Cyclone Power Technologies (CYPW:$0.19,00$0.01,005.56%) has filed with the OTC Markets its Annual Report on Form 10-K for the year ended December 31, 2011, and has released the following progress report to its shareholders:
Dear Shareholders:
Greetings from South Florida! We are pleased to report that 2011 was a year of great strides in the development of our business and our engine technology, and 2012 is looking like it will be even better. With the first quarter already behind us, we would like to share highlights on our financials, operational developments and technology progress over the previous year, which are further detailed in our Annual Report on Form 10-K on file with the Securities & Exchange Commission (SEC), as well as provide some thoughts about the current year and beyond.
Financial Discussion
In 2011, we incurred $3.7 million in operating expenses, which consisted of $1.6 million in restricted stock and stock options (average exercise price of $0.23) to employees, management and outside service providers. Therefore, our actual cash expenses totaled approximately $2.1 million for the year. In addition, we spent approximately $116,000 on our patents and equipment, which are recorded as assets on our balance sheet. We funded this cash outflow by selling 44,547 Series A Preferred Shares and 8.5 million common shares (plus warrants to purchase another 390,000 shares at an average conversion price of $0.27), for a total of approximately $1.7 million. We also received approximately $405,000 in contract payments, which are booked as deferred revenue. We recorded $250,000 in revenue from the completion of one of our licensing agreements, and $300,000 in cost of goods sold, primarily from restricted stock payments we made on one contract. Overall, our operating loss for the year, inclusive of all stock-based expenses, was $3.8 million.
Our debt position at the end of the year was modest, as our only major liabilities were: (i) related party payables ($1.3 million), primarily comprised of deferred compensation to our executive officers; (ii) related party notes ($678,000), primarily comprised of a note payable to a company owned by Harry Schoell, our CEO and founder, for expenses he paid on behalf of the company over the years; and (iii) deferred revenue ($860,000), which is cash we have collected from on-going contracts for which we have continuing obligations. For third-party liabilities of the company at year end, this leaves only $330,000, comprised of accounts payable, a factored receivable, and a $30,000 note. As discussed below, of the additional funding we need to raise in 2012 to support growth and development, only a small percentage will go to debt service.
The matter of derivative liabilities is confusing, not only to the average shareholder, but also to seasoned CPAs. In 2011 and in connection with filing our Form 10 Report with the SEC, two convertible equity items on our balance sheet were discovered to be derivative liabilities – our Series A Convertible Preferred Stock issued in 2007 and the Warrant issued in 2009 to Phoenix Power Group. This is because the exact amount of shares into which each of these securities was convertible was unknown as of the date they were issued. As a result, we restated our financial statements for 2010 and 2009 to account for this non-cash liability. This was a big number – over $30 million collectively. It is important to note that this is neither cash paid out nor debt of the company. These are simply accounting losses and, as of the first quarter of 2012, both of these derivative instruments have been retired and will no longer appear on our income statement or balance sheet. We have also established internal controls to recognize and avoid these derivative issues now and in the future.
Building transformational technology for which there is no prior learning curve to provide reference points, requires utilizing materials, designs, processes and techniques that have never before been used in a compact, highly efficient steam engine. This necessitates considerable investment of time and resources. Since 2007, we have incurred approximately $15 million in operating expenses, of which, over half was paid in the form of restricted stock and option based compensation and restricted stock payments to dedicated service providers. We have come extremely far in developing our engine technology on a small amount of cash – roughly $6 million – and continue to operate on a lean budget.
In attracting financing, we believe that we have been and continue to be very careful about dilution to our current shareholders by working with funding sources that have a long term vision for our company. This takes more time and effort, but in the long run, we have become a stronger company for it. We are currently seeking additional capital from individual investors, large funds and strategic partners to support our development efforts. We believe that the best way to advance our technology to the point of commercialization is to grow our engineering and mechanical staff, expand our facility and our capacity, as well as acquire new equipment, machinery and testing devices. Our average team size allocated to one of our engine projects is three to four people, as compared to larger companies who can dedicate dozens (if not hundreds) of engineers to projects of similar size and scope. In order for us to compete meaningfully, we need to recruit a greater number of talented and skilled personnel and increase R&D spending, which requires capital. As we seek this capital, we look forward to bringing on additional long-term investors and strategic partners that understand and support the development and growth of our company, as well as our mission of getting our engine technology to market.
Business Discussion
On the new business front, we made significant headway in building customer contract pipelines in 2011. Among our many accomplishments include the following:
~In July 2011, our licensee, Advent Power Systems (“Advent”) was awarded a $1.4 million Phase I contract with U.S. Army/TACOM to develop a compact, all-fuel auxiliary power unit for multiple combat vehicles, including the M1 Abrams tank, the Stryker and the Bradley vehicles. Under this contract, we were initially a sub-contractor to Advent and were due to be paid $700,000 over the development period.
~In December 2011, we signed an agreement to acquire Advent for 1.5 million shares of stock (which are restricted and subject to a 24 month leak-out and a 75% claw-back if the value of the Army contract is reduced in any way). We closed this transaction in February 2012. Our incentives for acquiring Advent were twofold. First, by eliminating Advent’s exclusive license agreement to sell Cyclone engines to the military, we have become the prime contractor under the current Army contract. We believe this will increase our chances of securing future contracts directly with the Department of Defense and other military establishments around the world, which are some of the more important early adaptors of technologies like ours. Second, Cyclone expects to pick-up an additional $450,000 in revenue and higher profits from the current contract by consolidating the administrative functions under Cyclone. Right now, the contract is in the novation process (which is the military’s formal acknowledgement of a change in control), and we anticipate to get this project back in full swing soon.
~In June 2011, we received a $400,000 contract from Raytheon to develop two 36hp prototype engines. These engines are to be tested by Raytheon for ultimate use to power unmanned undersea vehicles (UUVs) for the U.S. Navy and other customers. Provided there are no contract revisions, we plan to deliver these prototypes in Q2 2012.
~In September 2011, we signed a license agreement with Combilift, a leading industrial equipment manufacturer based in Ireland,to develop all-fuel, clean engines for fork-lifts and material handling equipment. This included a $400,000 development fee for delivery of two prototypes in the second half of 2012. We received $100,000 of this fee in 2011, and expect to receive the balance as work progresses in 2012.
~In March 2011, we entered into a preliminary manufacturing agreement with TopLine Energy Systems, an affiliated company of leading automotive part manufacturer TopLine Automotive. TopLine has produced the first six WHE engines production prototypes, which we are testing now in connection with our agreement with Phoenix Power Group.
~During 2011, we received 15 additional patents in the U.S. and worldwide, giving us 30 total issued patents. Continuing to strengthen our intellectual property portfolio is a critical mission for Cyclone, and we plan to spend the needed resources to do so. We believe that this effort sets us apart and makes our products and business more desirable to large customers and strategic partners. One interesting fact to consider: of all small companies in the U.S. that hold patents, only about 10% hold more than 10 patents for their respective technologies. Our broad patent portfolio puts Cyclone in an elite group of companies.
~In November 2011, we elevated our stock to the OTCQB exchange from the Pinksheets. In the process, we became a fully SEC reporting company, required to file quarterly, annual and periodic reports, as well as disclose all insider stock trades to the SEC. As these reports will clearly indicate, the management of Cyclone is firmly committed to the long term success of this company and is strongly aligned with the interests of our “buy and hold” shareholders.
Question from Shareholders
There are been several very good questions that have come from our shareholders, which we would like to address here.
Why spend time and money on the Land Speed Record project? As we have said before, this project is secondary to our customer contracts, which clearly remain our priority. However, there are multiple compelling reasons to bringing the land speed record for steam powered vehicles back to the U.S.A. First, we believe it is an attainable goal that will require our Mark V engine generating horsepower well within its stated range. While this took the current British record holders almost 10 years and $10 million to accomplish, we believe that we can do so within the next year on a greatly reduced budget funded primarily by sponsorships and with minimal direct cost to Cyclone. Now that we have recruited Bonneville veteran and two-time drag racing champion Nelson Hoyos to lead the team and the new chassis/body build, we are even more confident in our chances of success.
Second, the knowledge that we gain in integrating our engine into an LSR car and running that car under extreme conditions carries over to all our other projects – from engine performance to engine controls and subsystems. Many of the great engine advancements come from racing programs, and this one is no different. This project is not just about setting speed records, but rather it is a demonstration of our engine technology on a stage where the best and biggest in the automotive industry meet and exchange ideas, concepts and opportunities. If we want to partner with the best to build Cyclone-powered cars, or to work with top engine companies on development and testing projects to further advance our technology, then we need to demonstrate our engine in their backyard with the LSR car.
When will the Bent Glass Waste Heat Engine (WHE) be running? We would like to resume the Bent Glass project in Pennsylvania (a WHE mounted on a glass manufacturing furnace) later this year, after we have completed durability testing for Phoenix Power Group, as this is essentially the same engine. When we initially installed our waste heat engine at the Bent Glass facility in December 2010, we ran the engine for a couple of weeks, but soon realized that the engine required further development. This was an early version of the WHE on which we have made substantial improvements over the last 18 months.
What is the latest with our license with Renovalia? We completed our requirements under our license with Renovalia in September 2011 by delivering to them the prototype designs and bill of materials for the S-1 engine. We are not sure whether Renovalia will proceed to the next step of building engines, as their development budget is affected by economic events in Europe. However, our relationship with Renovalia remains good, and we look forward to the possibility of working with them in the future.
When will Great Wall Alternative Power Systems (in China) have engines ready? We recently announced that Great Wall has completed the building of the first Cyclone engines in China, and has been testing them on compressed air. They must now proceed to steam testing during the next three months. Progress has been delayed by personnel changes and general difficulties in sourcing materials and components in China, but reports from them indicate that they are back on track.
What happened with Robotic Technologies and the EATR project? We delivered to RTI our biomass-to-power system in 2010, however, RTI never received add-on funding for its portion of their autonomous robot technology. The system we created for RTI has served as an important starting point for other projects we are pursuing, including a gasification biomass-to-power system with Enginuity Energy, announced last month.
When will we have engines ready for sale? Of our several engine models, we believe that our WHE-25 model is the closest to production. We expect to have engines in field testing by the end of the summer 2012 (including engines for Phoenix Power and possibly Bent Glass or similar industrial waste heat pilots). With this completed, we could be in limited production by early 2013. But these schedules are fundamentally tied to funding and our ability to add manpower and resources to these projects. This has been our limiting factor from the beginning, and one we feel confident that we can overcome in 2012.
Looking Forward – Goals for 2012
~We have set some very important goals for 2012 for our technological, business and financial growth. These include:
Complete Phoenix WHE prototypes and deliver beta systems for field testing. Phoenix Power and its distributor Clean Burn have over 150,000 waste motor oil furnaces currently in the market. Our goal over the next three years is to retrofit at least 10% of these systems with a Cyclone waste heat engine and electric power generator. This could represent over $30 million in revenue for Cyclone.
~Deliver engine prototypes to Raytheon. The U.S. Navy, and other military branches and allies internationally, has placed great importance in solutions for undersea power and propulsion, especially as unmanned vehicles play a greater role in our national defense. We see significant advantages of our engine over competitive battery and fuel cell technologies in a total market that could represent over $250 million in opportunities during the next decade.
~Complete development of our engines for the U.S. Army, to allow for an early 2013 delivery of prototypes. We believe that the highly compact 10kW engine system we are developing under our $1.4 millionU.S. Army contract will have applications far beyond auxiliary power for combat vehicles. There is an enormous market, both military and civilian, for portable power generators that can run cleanly on multiple fuel sources. Moving into Phase II for this current contract in 2013 could mean another $2 - $3 million in development funding from the Army, and the broader revenue opportunities for this engine can be reach much further than anticipated.
~Complete engine prototypes for Combilift. Our agreement with this European material handling equipment manufacturer not only opens a very interesting market for our engines, but also serves as a showcase internationally for potential customers, suppliers and partners in many commercial and industrial fields.
~Ramp-up our engineering and pre-production assembly capabilities to complete 20 to 30 prototype engines for sale to current and new customers. In addition to completing the four projects noted above, which should generate approximately $2.2 million in recognized revenue for Cyclone, we are aiming to generate as much as another $2 million to $3 million from new prototype engine sales and engineering service fees. This can place us in a solid financial position by the beginning of 2013.
~Complete production engineering and strategic alliances to start small-scale production of the WHE engines in 2013. This includes completing manufacturing agreements and other alliances for system components such as electric generators and control systems. Each of these arrangements adds depth of experience and resources to the ultimate commercialization of our technology.
We remain confident that our goals for 2012 are not only attainable, but will place Cyclone in a very strong position for the years ahead.
Over this last year, we have achieved critical growth in our technology, business position and operational structure that has been both challenging and inspiring. Looking ahead, we remain focused on furthering our engine development, and building the foundations required to launch these products and generate more revenue. For your support of these efforts and in much more, we thank you all. We are very confident in the future of our company and the ability of our people and technology to accomplish truly great things.
Sincerely,
/s/ Harry Schoell
Harry Schoell, Chairman & CEO
ABOUT CYCLONE POWER (CYPW:$0.19,00$0.01,005.56%)
Cyclone Power Technologies (CYPW:$0.19,00$0.01,005.56%) is the developer of the award-winning Cyclone Engine – an eco-friendly external combustion engine with the power and versatility to run everything from solar thermal and waste heat recovery electric generators to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is a modern day steam engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air. Currently in its late stages of development, the Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
With lawsuits pending, I'm sure everyone involved is playing it close to the vest. Understandable. Still it would nice to know the progeress of said lawsuits....pretty sure that info is permissable since it can be found in public records.
Hoping for the best all the way around.
Revised "Friday's Tips" just received:
KING
Disheartening is the best way to describe this. Yes, the Grid Grabber is aware of the ex management litigation. That issue has been resolved and we believe some of the overhang of selling is stems from the ex-management holding. Company is in process of updating their adequate disclosure. Once the adequate disclosure is filed, the company intends to retire approx 400-500 million shares. We estimate the new outstanding shares will be about 900 million shares with a float of about 300 million shares. The updated adequate disclosure will follow in the following quarter. All of this is well on the underway.
Deep Down Awarded $8 Million in Contracts 04/16 09:55 AM
HOUSTON, April 16, 2012 /PRNewswire/ -- Deep Down, Inc. (DPDW:$0.083,0$0.013,018.57%) , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced it has been awarded multiple contracts worth nearly 8 million dollars from a major international oil and gas operator.
Deep Down will design, fabricate, assemble, install and test control systems to operate flowline isolation valves on three platforms in the Gulf of Mexico. The control systems are designed with a service life of 25 years and to survive a 1,000 year storm. The system will connect the safety system on the platform to the control valves without the need for ROVs, allowing the valves to be closed in an emergency, stopping the flow of hydrocarbons. Engineering has already commenced at Deep Down's Channelview office with delivery by end of 2012.
Ron Smith, Chief Executive Officer of Deep Down, Inc. (DPDW:$0.083,0$0.013,018.57%) stated, "We are delighted to have been chosen to work on these important improvements to our customer's assets in the Gulf of Mexico. In the event of equipment failure, this system has been designed for vulnerable pieces of equipment to be easily retrieved and fixed in a minimum amount of time. The control system also has redundancy built in, thus allowing for the system to operate in the event of equipment failure."
About Deep Down, Inc. (DPDW:$0.083,0$0.013,018.57%)
Deep Down, Inc. (DPDW:$0.083,0$0.013,018.57%) is an oilfield services company serving the worldwide offshore exploration and production industry. Deep Down's proven services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, buoyant solutions, ROVs and tooling, marine vessel automation, control, and ballast systems. Deep Down supports subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions. The company's primary focus is on more complex deepwater and ultra-deepwater oil production distribution system support services and technologies, used between the platform and the wellhead. More information about Deep Down is available at www.deepdowncorp.com.
Forward-Looking Statements
Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. For further information, please refer to the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company without charge.
SOURCE Deep Down, Inc. (DPDW:$0.083,0$0.013,018.57%)
From Today's "Friday Tips":
KING
April 3:
King Resources, Inc. (PINKSHEETS: KING) ( www.king-resources.com) management is providing the following update to its followers and shareholders.
Further to the company earlier news release(s) the company is using this opportunity to bring attention to its recent filings on www.otcmarkets.com
1. Updated Adequate Disclosure amongst other things outlining the business activities of KING and its wholly owned subsidiaries
2. Updated financial statements
King management acknowledges the upgrade of its ranking on OTC Markets from STOP to a YIELD rank. As previously announced, the company has aspirations of reaching the "CURRENT ISSUER" rank with OTC Markets. The company is in the process of obtaining a legal opinion of the current Adequate Disclosure. The company reminds its followers and shareholders to visit OTC Markets site where these documents are currently filed and available for viewing.
April 6:
King Resources, Inc. (PINKSHEETS: KING) ( www.king-resources.com) management is pleased to announce that it has completed the merger with Grid Grabber www.gridgrabber.com. Simply put, Grid Grabber powers up when hydro is at its cheapest rates and then supplies it to your needs when it's at its most expensive. Grid Grabber is environmentally friendly and clean. Grid Grabber offers daily saving without change in usage. No more black-outs. No more high Hydro bills with Grid Grabber. More details and additional releases will follow on Grid Grabber activities.
In other company news and events, the company is using this opportunity to bring attention to its recent filings on www.otcmarkets.com. The company has recently filed a legal opinion of the current Adequate Disclosure and expects a favorable ruling to be forthcoming shortly. (Target: Current Issuer). The company has received certain inquiries from its shareholders and followers visa vie possible reverse split anticipation, ahead of any additional primary mergers. The company has no plans immediate, or in the near future of any such corporate action and or dilution; and or participation in any sort of toxic financing whatsoever.
The Company reminds its readers and followers to visit OTC Markets site where its corporate documents are currently filed and available for viewing. KING has sufficient resources that are made available through its preferred shareholders and stakeholders to complete the necessary upcoming mergers and acquisitions without any dilution. KING share structure will remain undisturbed and in a "lock down" mode as outlined in the recently filed Adequate Disclosure.
April 9:
King Resources, Inc. (Pinksheets:KING.PK) ( www.king-resources.com) management of KING is pleased to introduce one of the several merger candidates on its short list, a Graphite mining project.
The Property is located approximately 150 km north of Toronto adjacent to Highway 69/400 and 10 km north of Port Severn.
The Property lies in the Go Home Subdomain of the Central Gneiss Belt of the Grenville Province of the Canadian Shield and comprises high grade (amphibolite to granulite facies) gneisses. These are typically quartz-feldspar-hornblendeortho- and para-gneiss with rare marble, anorthosite and basite. The units in the area typically trend NNW and dip shallowly but variations are seen due to regional and local scale cross folding
In other company news KING management and mining experts are of the opinion that this is an awesomely good property. The infrastructure and access is great. The website www.northerngraphite.com (unauthorized link) will provide background info on graphite and the kind of prices it can command if it is the right product. Management and its advisors are of the opinion and verily believe that the average grade of deposit being promoted by Northern Graphite is approximately 1% but this one is closer to 3% with parts up to 5%.
Management is providing this unauthorized link as a source of research www.resourceinvestor.com/2011/01/03/graphite-a-diamond-in-the-rough-for-investors
April 11:
King Resources, Inc. (PINKSHEETS:KING) www.king-resources.com projects 1,000 new installations of Grid Grabber www.gridgrabber.com. In months coming, Grid Grabber has set up meetings with a couple of major fast food chains, that have great devotion to reducing their carbon footprint on the environment.
Once the deal is completed the Grid Grabber project has the potential to be installing over 1000 units in different locations across North America in the upcoming months.
The recent merger announcement of Grid Grabber with KING kicks off the launch of the Grid Grabber.
Scheduled plans include first tree units will start being installed as early as next week.
Management reports local businesses are showing positive interest in the Grid Grabber. All necessary components have been ordered, and fabrication has begun to prepare 3 units for installs. The types of businesses that are coming on board are:
Auto repair shops,
The first of many convenience stores,
Dry cleaners.
Next planned, targeted and or scheduled installations:
An indoor rock climbing facility
Non-profit organization that sends clothing to 3rd world countries.
KING management is of the opinion that all of these businesses will benefit from great savings since their hours of operation are during on-peak charge times according to smart meter rates. Once the 3 units are installed, monitoring will begin, and preparation of additional units will commence for further installations later in the month.
In other company news, KING management has received inquiries regarding its recent share price fluctuations. The management does not comment on this issue publicly or privately. Company will however remind its followers that its security is widely held, and the Company affirms its prior statement that it is not engaged in any sort of dilution or toxic financing. KING asks its followers to review the Adequate Disclosure (CE) documents filed with OTC MARKETS http://www.otcmarkets.com/stock/king/quote for all corporate updates. On that note, the company has heard back from OTC Markets re its current CE filed, and the company's aspirations to reach "Current Issuer" ranking. KING is well under way in the process of furnishing OTC Markets the required documentation.
Cyclone Power Technologies’ Licensee in China, Great Wall Alternative Power Systems, Completes Build of Initial Prototype Engines
Cyclone Power Technologies (OTCQB: CYPW) (“Cyclone” or the “Company”), developer of the all-fuel, clean-tech Cyclone Engine, today announced that its licensee in China, Great Wall Alternative Power Systems Ltd., has completed the build of the first prototype engines under its License Agreement with the Company, and has begun in-house testing of these units.
The engines built by Great Wall are based on Cyclone’s WHE-25 design, and are meant for use with biomass-to-power generator systems. Applications will include distributed combined heat and power (CHP) systems, and power sources for bio-char producing environmental remediation equipment. Initial compressed air testing of Great Wall’s engines has been successful, and steam testing will commence shortly. These units will ultimately be manufactured and sold only in China.
Great Wall’s Managing Director, Robert Devine, commented: “We see a multi-billion dollar market for distributed power in China’s rural areas. With the Cyclone Engine, we can deliver viable, low cost biomass-based power solutions integrated with a bio-char process that can help remediate water and soil pollution. Operating within China can sometimes be challenging, and that has admittedly pushed back our production schedule. We are pleased to be back on track, and fully committed to seeing this project through to completion.”
Christopher Nelson, Cyclone’s President, commented: “We are glad to see real progress with our partners in China in getting these engines closer to market, and look forward to their next phases of development. China presents a major market opportunity for our multi-fuel capable, eco-friendly engine technology, and we are excited to be capitalizing on it.”
Led by a group of veteran China operators and investors, Great Wall is focused on developing Cyclone’s technologies for the Chinese market. Great Wall’s Chairman Zhan Shan, a PRC national, founded several new energy ventures including China’s first private municipal gas company, and was China’s first technology developer of large-format lithium-ion batteries. Managing Director Robert Devine has over a decade of experience investing in the China’s consumer goods, technology, media and real estate sectors.
About Cyclone Power Technologies
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine – an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel -- including bio-diesels, syngas or solar -- while minimizing the release of greenhouse gases and irritating pollutants into the air. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
Follow Cyclone on Facebook: http://www.facebook.com/CyclonePowerTechnologies
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
King Resources (KING) Introduces Primary Graphite Merger Candidate 04/09 12:51 PM
HENDERSON, NEVADA -- (MARKETWIRE) -- 04/09/12 -- King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) (www.king-resources.com) management of KING is pleased to introduce one of the several merger candidates on its short list for a Graphite mining project.
The Property is located approximately 150 km north of Toronto adjacent to Highway 69/400 and 10 km north of Port Severn.
The Property lies in the Go Home Subdomain of the Central Gneiss Belt of the Grenville Province of the Canadian Shield and comprises high grade (amphibolite to granulite facies) gneisses. These are typically quartz-feldspar-hornblendeortho- and para-gneiss with rare marble, anorthosite and basite. The units in the area typically trend NNW and dip shallowly but variations are seen due to regional and local scale cross folding.
In other company news, KING management and mining experts are of the opinion that (sic) this is an awesomely good property. The infrastructure and access is great. Please visit the following website www.northerngraphite.com for background info on graphite and the kind of prices it can command if it is the right product. Management and its advisors are of the opinion and verily believe that the average grade of deposit being promoted by Northern Graphite (NGPHF:$2.37,00$-0.398,0-14.38%) is approximately 1% this one is closer to 3% with parts up to 5%.
Management is providing this unauthorized link as a source of research www.resourceinvestor.com/2011/01/03/graphite-a-diamond-in-the-rough-for-investors.
Other short list merger candidates include a Lithium mine in South America.
More details will follow shortly, on this and other planned acquisitions and mergers.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) , that constitutes forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) cautions you that any forward-looking information provided by or on behalf of King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s control. In addition to those discussed in King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s press releases, public filings, and statements by King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s management, including, but not limited to, King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s estimate of the sufficiency of its existing capital resources, King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s ability to raise additional capital to fund future operations, King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) ''s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. King Resources, Inc. (KING:$0.0012,$-0.0006,-33.33%) does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations
www.minimargroup.net/helpdesk
Investor Relations Department Inquiry
www.minimargroup.com/updates
King Resources Inc. (KING:$0.0012,$-0.0006,-33.33%)
corporate@king-resources.com
www.king-resources.com
I totally disagree with the premise of your post. It assumes that the management DOESN'T have better things to do than "to get the stock at least TRADING??" This is absurd on many levels.
Primarily, it fails to acknowledge that any attempt by the Company to influence the share price is ILLEGAL!!
Furthermore, this Company puts out news quite regularly and WHEN it is TIME to put out NEWS. Most communicative OTC stock I've ever known.
Everything is fine here.
Press Release: King Resources (KING) Improves Rank from Stop to Yield Commences Filings on OTC Markets 04/03 05:24 AM
HENDERSON, NEVADA -- (MARKETWIRE) -- 04/03/12 -- King Resources, Inc. (KING:$0.0015,$0.00,000.00%) (www.king-resources.com) management is providing the following update to its followers and shareholders.
Further to the company earlier news release(s) the company is using this opportunity to bring attention to its recent filings on www.otcmarkets.com.
1. Updated Adequate Disclosure amongst other things outlining the business activities of KING and its wholly owned subsidiaries
2. Updated financial statements
King management acknowledges the upgrade of its ranking on OTC Markets from STOP to a YIELD rank. As previously announced, the company has aspirations of reaching the "CURRENT ISSUER" rank with OTC Markets. The company is in the process of obtaining a legal opinion of the current Adequate Disclosure The Company reminds its readers and followers to visit OTC Markets site where these documents are currently filed and available for viewing.
King management intends to release more details and information on Grid Grabber and other PRIMARY mining projects / properties / mergers shortly and on a timely and frequent basis.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of King Resources, Inc. (KING:$0.0015,$0.00,000.00%) , that constitutes forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. King Resources, Inc. (KING:$0.0015,$0.00,000.00%) cautions you that any forward-looking information provided by or on behalf of King Resources, Inc. (KING:$0.0015,$0.00,000.00%) is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s control. In addition to those discussed in King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s press releases, public filings, and statements by King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s management, including, but not limited to, King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s estimate of the sufficiency of its existing capital resources, King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s ability to raise additional capital to fund future operations, King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match King Resources, Inc. (KING:$0.0015,$0.00,000.00%) ''s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. King Resources, Inc. (KING:$0.0015,$0.00,000.00%) does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations
www.min@margroup.net/helpdesk
Investor Relations Department Inquiry
www.min@margroup.com/updates
King Resources Inc. (KING:$0.0015,$0.00,000.00%)
corporate@king-resources.com
Care to report any findings, updates or anything on this company? :)
First I've seen of this, too. I like the idea and it certainly jives with what they told me on the phone: That they are working very hard to improve their image and do right by their clients.
You have to give them credit for their candor here, at least, IMO.
Reverse Boost Program
It is no secret that companies go public in order to raise capital and grow their businesses!
The theory behind it is: the more capital the company can successfully raise and inject into its businesses, the higher the share price. Unfortunately in Pink Sheets, non-reporting issuers do not have the luxury of reporting issuers, such as institutions and large corporations. In most cases, institutions are forbidden by law to invest in these high risk non-reporting OTC companies. This opens up doors for overselling, also known as short selling. Although, Pink Sheets stocks cannot be "shorted," they can be and often are oversold. It's simply using different name to get the same result: selling something that one doesn't have. This creates a vicious circle of a company trying to raise money and market-makers playing with the company's stock, doing as they see fit to make quick money as the company's CEO and principals' dreams go down the drain.
MMG started experimenting with something we named "Reverse Boost."
In the traditional method or way, most companies hire IR and awareness companies and issue 3rd party stock to start a promotion or awareness campaign. Read the disclaimers in any opt-in emails you may get. As the promoter promotes a certain stock, it creates volume and price appreciation (because of the volume), and they sell their position in the storm of activity. Then it's up to the company to continue the momentum. We all know how well that goes. Eventually the company returns to ZERO volume.
The MMG Reverse Boost works differently and is quite unique:
We take no stock whatsoever in our awareness, hence no dilution.
We inject cash into advertising in Google and Yahoo, and pay other awareness groups in cash.
Through our call centre in Europe, we call accredited investors to buy our clients' stock in the retail market only.
We present investors with the idea that this is a great company with a lot of potential, resulting in a huge upswing in the future of the security.
Once these accredited investors began buying up issuer security, the price starts moving up, creating a lot of volume and buying pressure.
At that point in time, MMG approaches other financing sources that only take the issuers' stock as security and do not sell it in the open market. Instead, they evaluate the share price, the highs and lows, based on certain criteria. They typically lend or finance the issuer X amount of money on their block of stock, which is held by the financier and not to be sold for a reasonable length of time. The only time this stock is sold is when the price falls or when the investor calls the loan and the company does not have the resources to pay it back.
In order to level the playing field, we make this public through our ticker-tape service and advise everyone about the featured companies of the week.
In summary, this creates a win-win situation for the company and shareholders.
In the traditional way, the company would take stock from its treasury and sell it, creating pure dilution. Then a company's IR representatives will tap dance and do whatever they have to do to say that there is no dilution. Remember their duty is to their employer.
The bottom line is that the company is raising capital and does it the only way it knows: dilution.
This hurts small-time shareholders in the short-, mid- and long-term. If the company can use this money successfully, the share price may retrace and small shareholders could see some nice gains.
However, if the company continues to dilute and does not use the money properly, and the market-makers get the sense that dilution is going on, they send out their basher cronies and the price continues to plummet until there is nothing left to cover.
So the company stock gets battered by dilution and massive discounts, and there is the oversold to take into consideration.
With the Reverse Boost, there is no or very little dilution.
On the flip side, the Reverse Boost can also backfire. This is primarily because of management's insane desire to dilute as fast as possible, almost to the point of thinking that tomorrow will never come. We did the reverse boost on this company and it got up to the 01 plus range. Shortly thereafter, the management relentlessly and viciously diluted this company into the 0.0001 range. The dilution continued to the point of insanity. Again, the point is that the Reverse Boost works and works great. Cash is KING, as we all know. However, it's the management and the company that you really need to evaluate before making your investment decision.
It may begin its northward march further in our opinion. Reverse Boost is a great solution for a company, as it creates a win-win-win all around. With no dilution, it gets the company the money that it needs. It also reflects in the share price values, and appreciation which the issuers' shareholders are looking for.
Look for the Reverse Boost message in future Friday's Tips by your play. Remember these are OTC listed companies and it is up to management how they manage their affairs.
Play and invest with your head, not over it.
Also this, from "Microtips" (further down the email)
KING
KING is 99% there of completing filings we expect it early next week and to move to Yield. The legal opinion will follow and should get KING the current issuer status. Yes fee is paid and no the FOB has not arrived by FedEx we expect it anytime. Once that arrives these docs can be filed. Expect updated Grid Grabber web site content and KING web site. Then the 1-2 -3 merger completion news should follow. We are doing a full reverse boost program on KING. What's a reverse boost? See http://www.minam..rgroup.com/reverseboost
From Mini...'s 'Friday Tips' Today:
KING
March 23 :
King Resources, Inc. (KING:PK ) (www.king-resources.com) is providing the following update to its followers and shareholders.
Grid Grabbers CEO Dennis Giancola apologizes to KING's followers and shareholders for the delay, "We had an issue with hacking, but it has been resolved and Grid Grabber's website will be up and running shortly."
Regarding merger completion, Mr. Giancola has confirmed that merger process will be finished very shortly.
KING is in process of filing Adequate Disclosure and financials. The company plans to subscribe to OTC Markets www.otcmarkets.com as a filer shortly.
Furthermore Mr. Giancola stated, "We are moving forward and are in the process of making KING a reputable company with great revenue."
KING's management would like to take this opportunity to announce two potential merger candidates, an Argentinian lithium mining company and a North American gold mining company.
March 28:
King Resources, Inc. (Pinksheets: KING.PK ) (www.king-resources.com) is providing the following update to its followers and shareholders.
Grid Grabbers CEO Dennis Giancola apologizes to KING's followers and shareholders for the delay, "We had an issue with hacking, but it has been resolved and Grid Grabber's website will be up and running shortly."
Regarding merger completion, Mr. Giancola has confirmed that merger process will be finished very shortly.
KING is in process of filing Adequate Disclosure and financials. The company plans to subscribe to OTC Markets www.otcmarkets.com as a filer shortly.
Furthermore Mr. Giancola stated, "We are moving forward and are in the process of making KING a reputable company with great revenue."
KING's management would like to take this opportunity to announce two potential merger candidates, an Argentinian lithium mining company and a North American gold mining company.