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Re: chart guy post# 4803

Thursday, 02/04/2010 9:15:29 PM

Thursday, February 04, 2010 9:15:29 PM

Post# of 5334
I have to laugh this report came out on dec. 16 2009. Its also 2 months old. Here is a except I found interesting. My disclaimer: I took a small lost earlier on this stock, so take my advice with a grain of salt.

Manufacturing Ramp-Up Risk
Kender Energy does not currently have in its possession a physical prototype of its technology. All development of the Unit to date has been done through computer modeling and therefore there exists significant risks that when a physical Unit is produced, its efficiency and/or power output may be less than forecast which will directly impact our price target calculation.
Kender plans to outsource all of its manufacturing of its Kender Engine Units. The risks associated with outsourcing its technology primarily relate to the manufacturers learning curve, as they will undoubtedly be inexperienced with producing the Kender Technology, and unanticipated costs and/or inefficiencies of production may result and potentially cause the Unit to produce lower than anticipated power output levels .

You must be thinking they must have a prototype by now, yeah right. If they can't even keep up with the SEC pinksheet filings makes me wonder. Also what if a big investor is going buy in, I think they would want proof it will work and someone who is not late with filings.

Invest if you want. The way I look at it is if this is real, which I REALLY HOPED IT WOULD BE, there will be plenty of buying opporunties in the future. Unless you really think going to go from .04 to .50 in a day. good luck.