InvestorsHub Logo
icon url

dowtrader2

03/09/11 7:46 PM

#779 RE: sabrinaf #774

You are correct Sabrina. The product is there and being assmebled by other companies for distribution by KNKT. That has been posted before. There are short sellers on here trying to drag the stock down to cover positions. I wouldn't worry about being long on this stock. The email you received as well as other from KNKT laid out exactly what they are doing and when ( April ).
No big mistery here.Short sellers have to bash the stock to create fear to try and drive the stock down to cover. If the naysayers didn't have a goal in mind, they would go to another stock and wouldn't be on this board to begin with.

I've said it before- GM doesn't have a product, or Ford either-in the context of "having a product" is being used here. Those car manufactures are nothing more than assembly plants to distribute a finished product made from parts that come from everywhere but the plant.

KNKT will have a product assembled from parts made in China and will distribute the products to world markets. There is competition in everything. That is not a bad thing. There are like-products in other markets such as watches, cars,phones,shoes, etc.

I remember a cheap watch called a Timex. It was sure to fail because of Bulova. Bulova would sure go out of business because of Seiko. Well, guess what? They are all still here aren't they?

Let the short sellers play their games and when the press releases come out on explosive distribution, watch them run like ants to cover their positions. Run they will.









icon url

tomg1

03/10/11 9:38 AM

#784 RE: sabrinaf #774

To correct me, that would mean I am wrong. I'm not trying to be a wise a** and I'm not short this stock ( although I wish I could- I don't know how to find this stock to short and I'm unable to on my scottrade account ) - I'm simply pointing out a fact. I stumbled on this stock via an e-mail pump. and I actually bought 3,000 shares on a whim. The stock went gangbusters and i sold 2000 and kept 1000 as "free" stock. I have since sold that 1000. After i bought it - AS A QUICK PUMP TRADE- I was doing some research and i found this site. I'm sorry to tell you that they do not have any product- no matter what the e-mail you received said. They INTEND to have a product- but as of now they don't. They don't have the means of building any product- although if they "buy" those 2 companies- they MIGHT be able to produce something. What that product would actually be- no one knows- as NOTHING has been built yet.
You can not go out and buy a Krush or Kruze - and there is a better than average chance IMO that you never will be able to buy one.
And if they ever do wind up producing their product- no one knows if it will ever sell or make money. It's not as if you can look at the management and point to any sort of successful track record. In September of 2010- they were "building" an entirely different company- and that failed. So they decided to sell smart phones and tablets. on that announcement- and nothing more really- the company became worth over $100,000,000 on paper.
that doesn't happen in the real world. It would take a company years to achieve that kind of market cap- based on their product and their execution of selling that product. I make these posts not because I have a short interest- but to point out the truth about this company as I see it- so people don't wind up losing their entire investment without having a fighting chance