All of my posts are my opinion and not a basis for making investment decisions.
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Please don't paint yourself as an altruistic guardian angel here to help us all. You simply have a hatred for Bo and you have been here to spew your hate and do your best to sink any attempt to revive KGET.
Let me think..........maybe because no one CARES about YOUR red flags?????
I would imagine we are already fully diluted at 10 billion shares. As far as the RS, they cannot do a RS at the moment. They would have to become fully compliant, get re-registered, and then FINRA would have to approve it. That is a good ways down the road.
I have always believed this was going to max out at the 10 billion shares and I believe he is there. I am also confident that once KGET is fully reporting there will be an application to do a reverse split. With KGET's history I do not believe FINRA would ever approve the reverse unless KGET has started to post revenue. During that gap between earnings and approval there is an excellent chance to make money IMO. The trick will be knowing when to sell to maximize return.
That 700 million should be the last of the shares that the company has to sell. They should be maxed out at the 10 billion authorized shares now. As far as the reverse split, they cannot do a reverse split until they are fully reporting to the SEC. They would then have to apply to do a reverse and FINRA would have to approve. That takes some time and would most likely not happen until KGET starts generating revenue. Between now and that time there is profit to be made as the stock moves up IMO.
Deals fall through every day in businesses. The reason you assume it was fraud is that you hate KGET and Bo. It could just as easily have been a premature PR and the deal fell through, or the customer ended up not being as credit worthy as they claimed, unable to properly finance the orders. It would have been nice if there had been an explanation, but just because we don't know why the order died, does not mean it was malicious.
I could be wrong, but I believe when KGET released a quarterly, a few weeks ago, they were over 8 billion shares issued now. I hope they run out soon, so that the dilution stops so that we don't keep losing momentum when runs start.
Anyone selling at .0002 must hate money. This stock is ready to fly and they are leaving a LOT of money behind for others to make.
KGET cannot do a RS. They would have to be fully reporting and FINRA would have to approve, and that will not happen for sometime.
It has been explained several times to you. To do a reverse split it has to be approved by FINRA. To apply to FINRA they would have to be fully reporting. They are not, therefore they cannot do a reverse split.
Nope. I am holding my shares strong and they are going nowhere cheaply.
If they are operating like a start-up, which in the MJ market they are, they are selling shares as the market can handle them to raise funds. This is most likely why the stock is holding steady at low trips instead of climbing. If they do what a typical start-up does, when revenue begins they will start buying down shares in preparation to go full reporting. Once they go full reporting, they would then, IMO, apply to do a reverse split and if FINRA approves, do it at that time. That is a long way off with plenty of time between now and then to make money on the rise.
KGET cannot do a reverse split until they become a fully reporting company and FINRA approves. This is a long way down the road, with plenty of profit to be made between now and then.
Old news. No one here wants you to save them.
Held strong! WTG KGET!
He is most likely doing what most start-up publics have to do. They sell off shares, as the market can absorb them, to raise funds. Then when revenue begins, they begin buying back and retiring shares to boost the stock price.
A beautiful profitable bag. Thank goodness I don't need nor want your advice.
Me and my 30 million shares aren't going anywhere cheap. This will fly once revenue starts.
Agreed BB. Me and my 30 million shares aren't going on the cheap to anyone.
Just my opinion, but I imagine debt has been paid down through the sale of some of those 6.5 billion shares. Capital raise probably the same way. If the CEO is operating like a normal early stage CEO, he is selling shares as the market can handle them to raise funds. Then when revenues kick in, will most likely start doing a buy back.
Short sellers are going to fry on this one. Me and my 30 million shares aren't going to anyone on the cheap ;)
LOL! One short seller responding to the comments of another short seller. Shorties are getting ready to be deep fried.
The nice thing is that they can't do a reverse split until they become reporting again and FINRA approves it. So as long as they are here on the OTC pink, we are good.
Another short seller joins the bashing crew IMO.
You claim to own zero stock, so why don't you crawl back under your rock and stay there with your other short seller buddies?
Is it possible for you to be any more stupid? The company is only authorized to issue 10 billion shares and you are claiming that there are 15 billion outstanding shares. You are your short selling buddies are getting ready to be deep fried IMO.
I read the post put up by User:714. you are LYING about what he said and you or your post should be removed IMO.
You already said in a prior post that you have ZERO shares. Another poster already posted the shares that the CEO owns to answer your stupid post. You and your other short seller buddies are getting ready to deep fry.
My thoughts are that you are a short seller. So.......go hide in your rathole.
Old news short seller. You don't own stock, so move on. You and your other short seller buddies are getting ready to be deep fried IMO.
You are an obvious short seller IMO. If you hate the company and own stock sell it and go away. If you don't own stock, go away. If you're a short seller and trying to talk it down.....go away. So no matter what................go away.
If you don't own stock, go away. If you're short selling, stop talking it down for our own profit. If you own stock and want out, then sell it and go away.
Biomass pellet prices have tanked since Trump got elected and is putting coal back in the market. Thank goodness KGET is out of the pellet business. they would be losing their shirt.
Looks like we have a 4th short seller.......IMO
Hopefully people can recognize short sellers talking down a stock and ignore them.