KNBA keep on radar. 7 million os, 162,000 shares float..not a typo.
Big revenue company with 1,000 employees going public in US.
Completed its audited financials time for IR to rock n ROLL.
With a float this low any momo and rocket launch in progress imho.
Kinbasha’s management would like to open or acquire two additional stores each year, over a five year period, provided additional capital can be obtained. In addition to Kinbasha’s strategies in Japan, the company also has plans to initiate more investor awareness initiatives in the United States for the benefit of its shareholders and potential investors.
“As part of our goal in keeping investors informed with the latest developments at Kinbasha, we will be releasing various investor materials over the coming weeks and months, including a dedicated US investor website, fact sheets, research reports, white papers and management team videos,” concluded Mr. Takahama. “Now that our initial audit is behind us, we look forward to reporting with our fellow shareholders on a regular basis going forward.”
Kinbasha’s US-based investor website (currently under construction) will be located at: www.kinbashainc.com
About Kinbasha Gaming International, Inc.
Kinbasha Gaming International, Inc. is a Florida corporation that acquired its operating subsidiary, Kinbasha Co., Ltd. (“Kinbasha”), through a reverse merger in January 2011. Based in Hitachi City, Japan, Kinbasha is a retail gaming company with plans for expansion in Japan’s gaming and food and beverage industries. Founded in 1957, currently Kinbasha’s principal business is the ownership and operation of retail gaming establishments in Japan which offer customers the opportunity to play the game of chance known as Pachinko. Pachinko is played on a device which resembles a slot machine. Kinbasha currently employs over 1,000 people and owns 21 Pachinko Parlors in the prefectures of Chiba, Ibaraki and Tokyo. In addition, the company also owns three mid-size restaurants in Japan which offer traditional Japanese cuisine.