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World Kinect Corporation V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Comment by reelnorthon Apr 20, 2012 3:08pm
123 Views
Post# 19817987

RE: RE: RE: @ Blue

RE: RE: RE: @ Blue

Not to burst your bubble but as of this moment, ortsbo, as an independent entity does not have a dime. They are hoping the 20m "promise" comes through or it won't proceed with the pp. this leaves it with zero dollars. Int is not seeding it with any cash, as int does not have 10m or 20m to run this cash burner. And at this point, it's a good idea, generating nowhere near enough dollars to even cover admin expenses, in my opinion. Int has not released any information to counter that opinion. 

 

Ortsbo is VERY VERY expensive to operate, as seen by the massive per share losses reported by int. unless there is some type of massive news, like earnings, the market may have had its fill of a cool idea. Just because it's interesting doesn't make it a good investment

 

Again, what is the income/expenditures for the live events.  It's not like the company isn't actively involved in monitoring these boards.............

Bullboard Posts