For new eyes...Going to repost some things to look over tonight... Here is a post from Sunday might be worth reading first...
Strong99 Member Level Sunday, 06/12/16 05:05:04 PM Re: bradforj post# 6660 Post # of 6829
Anyone watching L2 for weeks now knows no "dumping" is going on...Yes the pps dropped to these levels on note conversions that started end of January, but those are long over...That's how making money in the OTC has worked for the past few years...Buy when these note conversions crush the pps and then ride it back up.
Quote:
KGNX's focus was on being made available in spas up until recently...Their push was at spa trade shows and if you look at my posts on here there are many spas where their products are being offered, with great reviews from users too I might add.
From previous filings:
"The professional line is being introduced to salons and spas in bulk starter packages consisting of over 100 treatments, each. This plan has been implemented to provide our commercial clients with the opportunity to increase their service sales and to offer retail and sample sizes to their customers. It will enable our salons and spas to service individual clients and act as an introduction, to the product, for those clients. "
Last year their push was mostly to get into international outlets as we saw from entries into Canada, Mexico, Kuwait, Turkey, Serbia...probably missing some.
It wasn't until they hired David Kerbel as VP of sales last Fall to start their push into retail...How quick would you expect something like that to happen realistically? Its at 002 for goodness sake...its not like its .50 and this conversation is happening.
The first Costco deal was in September 2014 for an order of their serum...And in April of 2016 (this year) they shipped an order to Costco Canada of their face masks...Per the company, Costco is waiting on them to get enough product together of their complete line to do another order.
The company went public under KGNX less than two years ago... There are growing pains associated with any major business move like that.
The potential reward here from ,002 range far outweighs the risks...
1 - great chart setup from bottom 2 - great share structure 3 - great developing story
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