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B0B0

04/06/22 7:12 PM

#114742 RE: wilabee #114740

They will not be able to up-list without a RS for years and years. Their share count is ridiculous. Ideally, they do the RS, then do a capital reduction through share cancellations and share repurchases. The share price would then accelerate very quickly at which point management can sell a large block of their shares, get filthy rich and be able to fund the company through loans rather than dilution. They would still have a ton of shares. It is a beautiful setup. Afterwards the stock could run insanely high. It is a legitimate company with excellent products. The Ooh La Lemin acquisition was genius for growth.

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justhefax

04/06/22 7:44 PM

#114744 RE: wilabee #114740

This has no serious future w/o addressing shares

Just math… 1.5 bil eoy? Will drown investors

Penny traders can make $ here to .03 ( which would be a cap of 45 mil) … but the weight of shares will limit

Also the co will need serious $ to secure the product and brand. Best to, once earnings are in sight, rs, and then regroup, focus on investors

Imho
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BirdsOfFire

04/07/22 7:56 AM

#114746 RE: wilabee #114740

I agree with you wholeheartedly 100%. If a company is so successful then they should buy back their shares and retire them. It is common sense that unsuccessful companies don't make a profit and live off the shareholders. That is why they do RS's.

Investors that can't see this has some other view point that I can't see. If KGKG do a RS, the stock and company will not survive long term. With revenue comes profit. When investors support a company, there comes a time when the company makes a return by making a profit. No matter how small the buyback is, it shows the company is willing to pay back it's debts. That is, a debt to shareholders.

A RS does not pay back investors. A RS makes a company into a pump and dump stock. KGKG is a thriving company with revenue and assume profits. KGKG is not a pump and dump stock, thus, a RS is not necessary.