Friday, June 20, 2014 12:40:38 AM
DKSC is currently a highly watched stock because it has a new connection to the MMJA industry. You can read more about MMJA-related stocks here.
Their new business is in providing pre-paid cards. They say it's a special card for people who want to buy marijuana but don't like carrying cash lol.
Before this month, DKSC had a patent portfolio for, and was in the business of, green energy production via their windmills. IMO, it doesn't make sense for them to jump from that type of business into the MMJA sector, which is the most highly pumped and corrupt industry right now (see link above).
They also plan to increase the authorized share count by 150%, from 1 billion to 2.5 billion, further devaluing the current shares.
A sign that their intentions are not shareholder friendly is that DKSC began getting promoted by several penny stock promoters the day before their asset acquisition news came out. This means, IMO, that DKSC colluded with these promoters to raise the share price before releasing the flood gates of new shares.
Here's an annotated chart for you and any noobs looking at DKSC:
(click to enlarge)
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