Replies to post #38356 on King Resources Inc (KRFG)

[rated r superstar]

Yea not good

[ecaton88]

I think they may have abandoned it, which is why they didn't bother keeping it current.


Here's my theory.

This was a p&d from the start. RM was never real. It's already been pumped up a few times, but the big pump was going to be the symbol change. There was a ton of hype around this stock. Kistler knew if he got that symbol change in while the hype was still there, this would hit pennies. Wouldn't have surprised me to see it make a nickel.

In the last couple of weeks, for whatever reason, he learned FINRA wasn't going to approve that symbol change.

He had no other way to pump this to copper, he gave up on it.