| To: jmhollen who wrote (1244) | 10/22/2001 10:57:55 PM | | From: Ronald P. Margraf Sr. | | | | Hi John,
Looks like someone was snookerd. I got a bid an ask on my streamer of 4-5. Thought it was a glich so I checked the big board an by George, the antie is up. Found out why. They put a PR out. Don't know what time but if what they are saying, well this could have a nice move tomorrow. They put news out about the 1-20 split an said why. Why did I know it was so that they could get financing??????????;-)))))) You read the PR an tell me what you think? I would expect a lot of buying tomorrow.
Ron |
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| To: SCOOBEY-DO who wrote (1246) | 11/2/2001 12:16:22 AM | | From: Ronald P. Margraf Sr. | | | | Hi Scooby,
Yea so was I in a shy sort of way. Alex must of been reading my mind. My thoughts were that if Tom was to leave it would be good for business. I still think it will be in the long run. If Alex wants to move into Europe, he is going to have to clean up his act an clean up his board of directors.JMHO The other thing that he is going to have to do is stop the insider trading. When folks see that, they bail. You can rationalize it all you want but when the big investors bail, so do the little ones. That represents a no confidence vote. Now he wants to do a reverse split after he has diluted the stock, to raise money. Cut me a break. It's just another way to jerk more money out of the shareholder. It's a sham. What Alex need to do is make what he has work. To this day I can't get AK.TV to work on my machine. There is no Tech support an if there is I have been able to get it. This has also contributed to the share price falling. I would of bought up a 1/4 mil. shares of this to start with if I would of gotten more then lip service. So now I only hold a small position that will give me back what I have in it. An now it looks like I will loose that on the reverse split. So for now, I have just written off the company as a loss an if it does pan out, it will be a bonus.;-)))))))))
Ron |
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| To: Ronald P. Margraf Sr. who wrote (1247) | 11/2/2001 6:53:22 PM | | From: SCOOBEY-DO | | | | Hey Ron,
KKRS issued a SEC report on 11/01/01 regarding new shares issued for consulting services. In the filing, KKRS reports that they have total O/S plus conversion shares that when combined total 279,949,611. See a portion of the report below. After the 1/20 reverse split that would equal approximately 13,997,480 total shares outstanding and convertible. What do you think of KKRS' business plan? Will it be strong enough to go though the reverse split without the price falling from around $0.40 (after the RS) back down to $0.02? I am interested in your thoughts and comments.
Take care, Scoob
CONVERSION OF OUR OUTSTANDING CONVERTIBLE SECURITIES COULD SUBSTANTIALLY DILUTE YOUR INVESTMENT AND CAUSE THE PRICE OF OUR COMMON STOCK TO DECLINE BECAUSE THE CONVERSION PRICE OF THOSE SECURITIES DEPENDS UPON THE MARKET PRICE OF OUR COMMON STOCK, AND THERE IS NO CEILING ON THE NUMBER OF SHARES OF OUR COMMON STOCK THAT ARE ISSUABLE UPON EXERCISE OF THOSE SECURITIES.
We have issued to several security holders debentures and warrants that
are convertible or exercisable at prices that are equal to the lesser of a fixed
price and a variable price that is based upon a discount on the market price of
our common stock. As of September 20, 2001, we had a total of 90,294,089 shares
of common stock outstanding, the closing price of a share of our common stock on
the OTC Bulletin Board was $0.027, and the debentures and warrants with the
variable conversion and exercise prices were convertible or exercisable into
approximately 189,655,522 shares of common stock. The number of shares that
those debentures and warrants ultimately may be converted into or exercised for
could prove to be greater than this estimate if the market price of our common
stock declines. Further, to the extent the security holders convert those
debentures and exercise those warrants and then sell the underlying shares of
common stock into the market, the price of our common stock may decline due to
the additional shares available in the market. This decline could allow the
security holders to convert their remaining debentures and exercise their
remaining warrants into a greater number of shares of common stock, the sale of
which would further depress the stock price. You could, therefore, experience
substantial dilution and a decline in the value of your investment as a result
of the conversion of the debentures and exercise of the warrants.
IF SECURITY HOLDERS ENGAGE IN SHORT SALES OF OUR COMMON STOCK, INCLUDING SALES OF SHARES TO BE ISSUED UPON CONVERSION OF CONVERTIBLE SECURITIES, THE PRICE OF OUR COMMON STOCK MAY DECLINE.
Selling short is a technique used by a stockholder to take advantage of
an anticipated decline in the price of a security. A significant number of short
sales can create a downward pressure on the price of the security. If security
holders sell large volumes of our common stock within a relatively short period
of time, the market price of our common stock may decrease. The decrease in
market price would allow holders of our debentures and warrants that have
conversion or exercise prices based upon a discount on the market price of our
common stock to convert their debentures and exercise their warrants into an
increased number of shares of our common stock. Further sales of common stock
issued upon conversion of debentures or exercise of warrants could cause even
greater declines in the price of our common stock. The downward pressure on the
market price caused by conversion of debentures and exercise warrants, and the
sale of the underlying shares of common stock, could encourage short sales by
the security holders and could further undermine the value of our common stock. |
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| To: SCOOBEY-DO who wrote (1248) | 11/2/2001 10:15:20 PM | | From: Ronald P. Margraf Sr. | | | | Evening Scooby,
I didn't know that the SEC report was out yet. I will look for it an then make my decision to stay or leave an I'll give you an answer on the questions that you've asked.;-)))))))
Later,
Ron |
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| To: SCOOBEY-DO who wrote (1248) | 11/3/2001 6:57:22 PM | | From: uthabros | | | | | Taking advice from "utha" may seem like the dopiest thing to do but nonetheless here it is. Any reverse split results in the PPS eventually going back to where it started. Check "HCEN" THE LAST 6 MOS, A PERFECT EXAMPLE OF WHAT OCCURS.I've been wanting to buy kkrs for awhile but was waiting for .02. This reverse split thing will just make me wait a little longer, that's all. It will split and come back to .02, no doubt about it. That's the way the boys get to sell their "consulting" shares for a good profit. Once the dust settles and it's back to .02 it will start all over again and it will eventually have a run to the teens or more again. JMHO! ;>)))!!! |
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| To: uthabros who wrote (1250) | 11/5/2001 8:46:19 AM | | From: SCOOBEY-DO | | | | | Thanks Utha. I read most of your post and have learned to respect your thoughts regarding various stocks. I also enjoy your commentary. My thought is that KKRS has been putting out what sounds like good PRs for quite a while and the price continues to go down. I wonder how many investors already knew that there would be a reverse stock split and have already worked the R/S into the $0.02 current price. Have a good day. Scoob |
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| To: SCOOBEY-DO who wrote (1251) | 11/5/2001 10:16:49 PM | | From: uthabros | | | | | Actually at todays price I don't think you can go wrong buying some. I'm gonna. Remember ECNC just had a run from this level to .07 to let shares to be dumped. kkrs may be on the verge of the same thing. ;>)))!!! |
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| To: uthabros who wrote (1252) | 11/6/2001 1:31:04 AM | | From: Ronald P. Margraf Sr. | | | | ;-))))))
What you need to do is see what the insider proposed selling is. That will tell you what might happen. Although you might be right. I haven't seen it this low since Sept. of 99. To buy that is. After this reverse split my 12g will be reduced to 600 an if it go down after the split it will cost me more to sell them then they will be worth.After all, Alex did say the reason for the reverse split was to raise money for the European operation. Now what is he going to use for collateral. Gee I can't imagine. OH maybe I can. STOCKKKKKKKKKK. The same stock he just pulled back. <Shaking my head.> I wonder if the money will come from Alliance.
Oh , what a tangled web these guys weave. Just following the money is a full time job.;-))))))))) Who's in an who's out. Who's making what an what is going on. <Shaking my head once again.> Nothing more then a big money game. I guess we will have to wait for the 10Q to find out what is really happening.;-)))))
Ron |
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