Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
There is nothing to hope for other than a pump so you can dump. We were taken for fools. They did not report anything while they sold the fertilizer portion of the company away. KWBT is now a shell and Wade is signing over the rights so someone can scam investors by using buzzwords to promise acquisitions of otherwise worthless "media"... Metaverse! NFTs! Digital Assets! BULL CRAP!
So this confirms that KWBT is a complete scam. Wow.
They don't answer my emails. The people that say they get responses from them... well, I just don't believe them.
Haha, thanks. Yeah I don't expect anyone to help (especially if they plan to buy more) but I thought I would ask. I am a nobody with very little money to trade. The big dogs with $$$ probably already know how to take care of it.
So, from OTC Market webpage:
Despite the restrictions on who can view quotations, the Expert Market does not impose restrictions on who can trade securities. Rule 15c2-11 governs a broker’s ability to submit, publish or distribute quotations (i.e. bids and offers) in OTC securities. The Rule does not apply to the underlying transactions or the ability of an investor to buy or sell a security.
So with that said, it seems as if the stock can still be traded. If anyone knows how, I would greatly appreciate you sharing. Thanks!
What platforms actually still allow trading of this?
They never gave an estimate for revenue (that I remember). They did estimate the tons of fertilizer sold. The goal for 2020 was 200K tons. Q1+Q2 sales were roughly around 40k tons. The goal for Q3 was 80K tons. As of September 30th 2020, the Company had completed three-fifths of that quarterly sales plan... So around 48K tons. 1st 3 quarters of 2020 they did approximately 88K tons. If they match the 48K tons from Q3 in Q4, that would bring them to 136K tons for the year (historically, Q4 is not as good as Q3 but 2020 was a weird year). In 2019 they did 162 tons and in 2018 they did 127k tons. The revenue will be close to 2018 revenue. It should be between $25-$35MM, if they have been truthful with what they have said in emails. Mustang's estimate is WAY off and is most likely just wishful thingking. I estimate $30M.
It's the internet, pretty much everything can be fabricated. Chill out. Also, even if he has a legit email, the company has lied in every email it has sent out in the last year regarding when the financials will be ready. No need to get worked up. Believe him or don't.
cosm0ihub03@gmail.com
care to share where?
$30MM. It should be between $25-$35MM, if they have been truthful with what they have said in emails (the ones that have been posted here, not some super secret ones).
I read about that, but it seems weird that both are acting as if they are the official twitter accounts and official webpages for KYNC. I get creating a new twitter and new webpage, but why wouldn't they delete the old account/page. And why would both of them be updating shareholders about KYNC, seemingly with the same information? It's just strange.
Does anyone know why there seems to be two twitter accounts and two websites?
https://twitter.com/IncKYNC
https://twitter.com/kyncap
https://kyncapitalgroup.net/
http://kyncap.com/
I'm new, so don't bash me if this has been discussed already.
Dilution is back. yay. I doubt it is part of the new partnership with Global. That will probably come all at once and possibly with a restructuring of shares. What could it be? Maybe the notes finishing themselves off? Any clue?
Thanks Puma
They have stopped responding to me. I guess they got tired of saying it will happen when it happens
238,900 miles
I can confirm they do not plan on having financials out until April, per email from Gabby. Chinese New Year for most of Feb, audits in March, reports in April.
Thanks for the info. I believe it. Yvonne is the only one who ever answers my emails at all and seems genuine in her responses, even though she is restricted in what she can disclose. Thanks for the update!
I like where this is going, but it is just extremely annoying financials have still not come out. The quarters are in the books, restructuring is not going to change what happened. We all know it is not goiong to be great, so what is the continued hold up? Do the 10 Q's really need to wait?
I got a similar response. I guess we will know next week.
For those able to trade this, what broker are you using? Mine won't let me touch any stock that doesnt provide their financials
Ok, just showed up for me too. Thank goodness!
Yahoo only has yesterday's information and says the chart is unavailable. I'm going to go ahead and say we are boned on this one.
You think it is getting delisted and this is just the start?
Yeah that is concerning. My broker no longer lets me buy this stock. Hasn't for a while. Have you tried trading today?
Has anyone got any response from them? This is getting rediculous. I do not see any way they don't get delisted soon.
Q1+Q2 sales were roughly around 40k tons. The goal for Q3 was 80K tons. As of September 30th, the Company completed three-fifths of the quarterly sales plan... So around 48K tons. 3 quarters, 88K tons. If they match the 48K tons in Q4, that would bring them to 136K tons for the year. Last year they did 162 and in 2018 they did 127k tons. The goal for this year was 200K tons. Just the facts. I made a post maybe a week ago that was negative on these figures, but they really are not all that bad considering the circumstances. If demand increases in Q4 like it did in 2018, I would not be surprised if they hit 140k+ tons for the year
So it seems like, at max, around 88k tons sold in Q1-Q3 combined. Year 2020 goal was 200k tons. LAST YEAR they did 164k tons. This company should not have been hit this hard, even with all the extenuating circumstances.
I was just coming to post that I got an email update too. My email just clarifies the 60% confusion. It says the exact thing the yahoo poster says in answer #2
No answer on phone. Generic robot message for leaving a voicemail
i've been doing that. no one ever responds. not once
Yes, I have, repetedly. No replys. Only email though. I will try to call the US office number on my lunchbreak today
Thanks. I'll give her a try
The only email address I have is the ir@kiwabiotech.com and they do not respond. Can someone give me the email addresses to contact management directly? Thanks
Great! That makes me feel a lot better. Thanks
No increase in O/S since yesterday. How often is it updated?
https://www.otcmarkets.com/stock/KWBT/security