Kelvin Medical, Inc. (KVMD)

[TraderSoup]

Yes, Just started dumping.

Obviously the 3M shares held by Sharon Mitchell the lawyer for slapping together a cookie-cutter S-1 were sold to some investor for 2 cents. She gets her $60K and the investor dumps the paper in the market through the market maker Glendale Securities. I have no problem with this, as this is a routine procedure for these penny's. My problem is that there are no revenues, no products, no company, no facility, and no management working full time. The future is grim. Very grim. Buying a 2 cent stock for over a dollar with no revenue on the horizon is not fundamentally smart. How did Glendale Securities get FINRA approval to do the S-1 on a company with no revenue, no infrastructure, no product, no full time management, no asset etc..... ????? This seems very out of the norm for today's regulatory environment.