Monday, September 15, 2014 6:30:42 PM
The above statement is taken directly from today's FLUFFY KGET PR, aka Bo Linton's plea for patience! WHAT HAPPENED TO THE WISCONSIN WOOD PELLET ACQUISITION? It apparently is NOT part of KGET's future! Notice there was absolutely NO REFERENCE TO THE ATTEMPTED $7 MILLION+ FIBER RECOVERY, INC. TAKE-OVER! Bye bye ballyhooed 2.4 megawatts! No regular financier would touch KGET and there are not enough shares and a stable stock price to support toxic financing! Bo could "authorize" more shares, but the quantity would definitely exceed 10 billion new shares and, aside from unbelievable shareholder dilution, this is too many shares for the holder/seller to be assured of a significant investment return. Has KGET removed the Fiber Recovery photos from its FACEBOOK propaganda page? Based upon the PR and the fact it includes NO MENTION of the acquisition, it appears likely the deal will not happen! IMO...IT APPEARS WE CAN KISS WOOD PELLETS GOODBYE!
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