Post by
Mostlyserious on Feb 16, 2023 8:28am
NRs
There we go. The corporate update pretty well only dealing with the covenant breach issue. They are continuing to work with the lender, not unexpected. And wounding up Global, a couple of years after the acquisition. So, paid good money for it, lost money on executing its contracts, and now getting rid of it all together. Related losses all around on that initiative.
$5 million private placement with 5 year sweeteners. And then repricing of some warrants from $1.75 to $0.81 for a period of 5 years.
So, to NJ's comment about turning the corner? Yes. But I think it will take a few quarters for all this to play through and see what the real revenue base is to figure out what kind of a company and investment KNR is.
Over to YawningYank to provide his perspective....on the posters of this board.
Comment by
Rogg47 on Feb 16, 2023 2:21pm
Another confirmation this morning that we have one the worst management (if not THE) out there!!..... NO f... u... c... k... n.... g... respect about their shareholders, except those who hold warrants (family, friends??). This company is really a joke, the last 2 years (BC fiasco + Global) have been a HUGE fail and they don't deserve their job/paycheck but.....
Comment by
navajojoe on Feb 16, 2023 3:27pm
This post has been removed in accordance with Community Policy
Comment by
Rogg47 on Feb 16, 2023 5:11pm
Bahhh not the 1st garbage NR.... Do I need to post all the BC NRs and PG tweet of 2 years ago?!?
Comment by
navajojoe on Feb 16, 2023 5:55pm
This post has been removed in accordance with Community Policy
Comment by
yearninyank on Feb 16, 2023 9:10pm
You guys are so shortsighted. Yeah, Ghezzhole could have made us all money ( I mean us actual longs) sooner but the moat is dug for the Biocloud and now it can be filled with Biowater, So funny, you guys already swim in your own crocodile tears.
Comment by
Jordan91 on Feb 17, 2023 10:07am
Oh wait... no one will ever know where that money actually went towards because Paul "The Shade" Ghezzi keeps info from shareholders.. just like he didn't want to let his valued shareholders know he opted out of testing with HC.. but yet over 2 years ago he promised to update us with the results..
Comment by
okgonow on Feb 22, 2023 11:18am
he is Ghezzhole and will forever be remembered as Ghezzhole no matter what happend to SP!
Comment by
yearninyank on Feb 22, 2023 6:39pm
no question! unless he makes me money in which case I will forgive the asshat
Comment by
Mostlyserious on Feb 23, 2023 8:18am
Good to see how low of a standard you place on integrity, like none. Not that it is a surprise, but rather another confirmation. Make a few bucks and all is good for wasted years and being misled. And this is even knowing that making a few bucks is far from certain and certainly not on the near term horizon.
Comment by
yearninyank on Feb 23, 2023 7:25pm
Integrity...? Is that you Oliver?
Comment by
Rogg47 on Feb 17, 2023 4:50pm
With BIowater?!!?..... Lolll "fool me once shame on you, fool me twice shame on me" Yep it will be shame on you!! This stock isn't for longs but for traders, pumped and dumped, and we had another example lately... PG pulled out a few "promising" (for the newbies or the naives like you loll) PRs and BAM the latest one was a killer.....