Investor Partnering Community

[MJames89]

Not a problem, this ended well. Believe me, this is a rarity on stock message boards. You would think that to migrate to more "adult" topics like trading of stocks (say from celebrities, or whatever kids talk about) as one ages you would get more mature conversations, but no that doesn't happen too much.

At a minimum you got exposed to a stock that is making crazy promises....but not in the same way you see pump and dumps do them. So you can either invest, or watch with casual interest from the sidelines to see if some guys in Montreal can really take a business in China from 0 revenues in July 2016 to $600 million by the end of 2017 from August 2016.

I won't lie, it's been tough to be a PKK investor so far (even though I'm up a lot from 2 cents). The company was supposed to close the deal at the end of January (first announced in November 2015) but had more fumbles than a running back with oil on his fingers. It actually closed at the end of May. Four hard months of waiting and worrying if this deal will fall through. But once they got that done it's been relatively smooth sailing with a few small hiccups in setting the business up. Now they are finally live and earning revenue starting August 12 (they promised July...two weeks past a deadline is not TOO bad when you already waited four months).

The one thing is with this company is that I can tell it's really trying to do something here. A fraud would not be so bad at this lol. It'd be going too smoothly because everything would be faked. A company based in Montreal that's trying to do real business in China...and they hit some unforeseen roadblocks that messed up their timeline and forced them to produce embarrassing news releases like "Zhonghai Wanyue Chairman Requests More Time to Complete Transfer of Funds to Peak"...yeah I can see that happening as honest people (but rookies) trying to make a big business happen.

http://peakpositioning.com/wp-content/uploads/2016/05/Zhonghai-Wanyue-Chairman-Requests-More-Time-to-Complete-Transfer-of-Funds-to-Peak.pdf

The big question is of course can they make good on $500M next year. Not because they are dishonest, but because they have a history of delays and unplanned issues. Have they learned from their mistakes going forward? At less than 10 cents, it's a risk I'm willing to take. Let's say they continue to mess up and instead of $500 million in 2017, they deliver only $100 million, or $50 million in revenue. Well it's a bad miss on their part, but still pretty impressive to go from $0 to $50M in revenue. That should justify at least the market conceding a stock price of over 10 cents. Not a lot of stocks out there will have a stock price of less than 10 cents and $10's of millions of revenue unless the balance sheet is in bad shape and people think it will go bankrupt. So i'm playing the wait and see game on PKK for the next year plus with a substantial amount of funds.