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World Kinect Corp 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 ArcticMinoron Apr 01, 2013 3:49pm
102 Views
Post# 21193756

RE: RE: RE: RE: David just commented on FB.

RE: RE: RE: RE: David just commented on FB.

YYZ123,

I would disagree that INT "gave most of it away for nothing". DL has wanted a US listing, I am not convinced this is the best way, but we will see. Remember that this is not Ortsbo, its Yappn, something that was initiated in January of 2013.

Could it be that Yappn is a test to see how it does with a US listing? Could Yappn give the institutions that DL has been talking about, for over a year, an opportunity to see how this type of app could do in the US markets?

Financing is being discussed according to the release from March 20th. So if they can do the listing and get some funding at the same time, I would hardly call that giving it away when they retain  42 million shares or 42% of the presumably 100million shares outstanding. Not bad for something that was started in January 2013, especially during these difficult times for small caps.

Bullboard Posts