Replies to post #604 on Know Labs Inc (KNW)

[zerotothemoon]

truer words were never spoken.

[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.

[crookedneck]

I hear you Dd, getting sales to generate revenue to fund the company is much better than diluting shareholders to fund its ongoing operations. I actually stumbled upon a company doing just that and is about to report 3rd qtr earnings that will be more than 1000% above prev years qtr and they are using revenue from sales to fund the company instead of diluting. Funny thing is that the street is unaware of this yet, even though it was confirmed in their recent 10Q filing showing $1.4 mil in products shipped so far in the 3rd qtr. Checkout the ibox/intro page to see all the details right here: http://investorshub.advfn.com/Inergetics-Inc-NRTI-11869/

Cheers!