To: JC Reddy who wrote (249) | 7/6/1998 4:58:00 PM | From: Lance | | |
Please be sure to keep us informed! I'm an eager shareholder & KANA doesn't look so hot in my portfolio. I'm long & look forward to the bright & prosperous future. The past month hasn't been so hot, but I'm looking forward to the upside potential of KANA. I'm holding tight and waiting until we fly!
Race
Go KANA |
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To: Lance who wrote (250) | 7/6/1998 5:53:00 PM | From: yvonne whittington | | |
pwhitt- i read a message on www.wallstreetwest.com where another newsletter has KANA as buy. don't know the letters name. i bought kana last week are they any hope for it to go up. ha fill me in on news if you don't mind i don't know much about kana. thanks |
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To: JC Reddy who wrote (249) | 7/6/1998 7:40:00 PM | From: JC Reddy | | |
Alex Kanakaris (CEO of KANA) called me back today. He assured me that things are shaping up good and as planned. They are planning to make a press release by the end of the week addressing some questions concerning the 504 placement which partially contributed to the price drop in recent weeks. I believe it will include details as to how much capital was raised, how many shares were issued, and how they are using the capital, and so on.
Another important thing - they expect to become blue-skied by next Monday in about 40 states (that allows brokers to recommend the stock, etc) - which I think is going to help the stock quite a bit.
He also mentioned to me that there are some acquisitions under works which might happen sometime soon. I think all the 504 placement capital is going to be used for these acquisitions.
After talking to Alex@KANA, Prima, and KeyTrade.com, I am more assured now. I will hold onto KANA for a long time.
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To: JC Reddy who wrote (252) | 7/7/1998 12:28:00 AM | From: Andrew H | | |
>>Another important thing - they expect to become blue-skied by next Monday in about 40 states (that allows brokers to recommend the stock, etc) - which I think is going to help the stock quite a bit.<<
Glad you got to talk with him and relayed the info back to the thread. Hope others will call him as well. The blue sky regulations will help but many brokers will not buy or recommend until the stock price is over $1 so the company needs to get to work.
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To: Andrew H who wrote (253) | 7/7/1998 1:22:00 AM | From: JC Reddy | | |
I think it will reach $1 quite soon, especially if the company has some good things coming up. There was no reason for the stock to drop in the last few weeks like the way it did.
Let's hope we will reach $1 soon and much more on coming weeks/months. I personally think $0.42/share will be history.
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To: JC Reddy who wrote (254) | 7/7/1998 8:47:00 AM | From: Lance | | |
I feel the same, hold tight and enjoy the ride up! KANA will recover, be sure to keep your faith......I for one know it's hard at these low levels! Go KANA......
Race |
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To: yvonne whittington who wrote (258) | 7/7/1998 1:20:00 PM | From: JC Reddy | | |
I have a buy order sitting at 0.38 for the last 3 hours which still hasn't gotten filled. Note that the bid is 0.34 and the ask is 0.43 (wide spread). They don't raise the bid, nevertheless.
Well, all I can say is that the selling is done and the buying is starting. Hold on and you will be rewarded.
- JC |
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