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Alias Born 02/04/2011

Re: None

Monday, 02/07/2011 1:07:02 AM

Monday, February 07, 2011 1:07:02 AM

Post# of 1156
Have you guys read KNKT's 10K?

This "company" is composed of two guys with no employees who are buried in almost $500,000 of debt.

They've got a slick website advertising three products that don't exist (and don't look like they ever will) and in their 10-K they admit openly that taking on giants like Apple is extremely risky and that they're in a poor position to do so.

Unfortunately I bought $11,000 of these guys when they were $1.49... Finally sold at 1.20 when I realized just how crappy their fundamentals were. Don't fall for those advertisements promising a future share value of 54 bucks, it's a fantasy.

Just giving everybody a warning - this company is NOT worth the enormous risk.

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