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Re: Paco Sanchez post# 114947

Friday, 04/15/2022 8:36:55 AM

Friday, April 15, 2022 8:36:55 AM

Post# of 123478
The "Going Concern" statement is crafted as a required legal notice, and literally does not change for Pinky Stocks with debt loads (like KGKG).

An RS only works when a company is clearly on an upward trajectory. 99 out of a 100 pinky stocks typically fair badly after an RS. The existing shareholders feel cheated, and the shorts and mm's take advantage of the situation. KGKG has yet to have a profitable quarter after all expenses and debt servicing have been factored in along with their growing sales.

Don't assume a RS is going to be a good thing for existing shareholders.
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