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Re: Ray1957 post# 1301

Wednesday, 05/23/2012 4:54:17 PM

Wednesday, May 23, 2012 4:54:17 PM

Post# of 3956
Not sure. I am only down about 7% or so, but everyone is probably down a little. I have seen pumps, but more so for the technical trader, not anything material. A few days ago their website had a lot of broken links (http://www.kaleidoscopeconnect.com/), so I emailed them and they fixed it. It has only been 5 months since they launched their new website (http://finance.yahoo.com/news/Kaleidoscope-Venture-Capital-iw-1857849055.html). They didn't launch site and dilute, so I would imagine they are still in business. It was about to be acquired for $750,000 back in October (which is why I think this company is undervalued), but that fell through apparently terminated by KLDO, although I have not been able to verify that. On March 1 of this year they appointed a new CEO - Ronald Tate - and other key staff. That was just over 2 months ago. Since then they have not had any PR's or information. I only threw a couple hundred in the stock in the thought that any news would shoot this to a penny.
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