Know Labs Inc (KNW)

[Justfactsmam]

What Doubledown painfully points out is that VSUL (Ron) intentionally transferred 60% of the potential value of this company to "preferred" investors,who he invited in to fund it, with warrants an extremely low share price.

His investment of an additional $500K (5M shares) as part of that process, was IMHO a veiled attempt to show "confidence" by the CEO, while in fact it was meaningless since it unnecessarily favorable to the new investors (at the expense of the current) and was not a significant sum for him considering his net worth.

Bottom line, for all the "hoopla" of the new technology (which I believe has potential in the right hands to be significant), the speed with which this company is apparently moving and toxic financing it will take this company years, not months, to reach .30 (or a $200M market cap) and that is being generous.

At .03-05 it becomes interesting, if management can ultimately perform.