Post by
thed1983 on Mar 04, 2021 12:30pm
Not Bashing - Just read the info available online.
I urge any new investors who got sucked into to big % moves last Friday and Monday to take an hour or so and read REAL infomation about the company.
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00021766
Start with the MD&A on Nov 27, 2020 - and work forward from there.
- No CASH on hand (or whatever is left from the $300k they raised @ 0.015 cents)
- No sales, license fees, or roylaties to fund the business in the short term.
- Debt.
- MILLIONS in guarentees, and future stock issuance to "partners" or former debt holders if they are able to pull off a miracle, and actually generate an approval or revenue.
This is the venture exchange - a "grown up" version of gambling. If your thinking about buying now your probably too late. If you bought in - and are now bag holding - dump and preserve whatever capital you have left.
I held the bag on this for a long time - and thanks to a heroic pump last Friday - managed to get out with a couple of extra bucks in my pocket. But that was just dumb luck.
My two cents - DYODD and good luck (because if you own KLY shares - luck is what you will need).
Comment by
Rustyboyjangles on Mar 04, 2021 12:58pm
That's funny your mother and I were discussing this last night and we felt that it was a good buy at the moment , this is strange talk , are you just trying to get back at mommy for dating such a younger guy ?
Comment by
Rustyboyjangles on Mar 04, 2021 2:15pm
This post has been removed in accordance with Community Policy
Comment by
losingmyshirt on Mar 04, 2021 2:30pm
This post has been removed in accordance with Community Policy
Comment by
thed1983 on Mar 04, 2021 2:31pm
This post has been removed in accordance with Community Policy