RE:RE:market capYep $15 per share will come quick. Then we wait for developments min October for the next leg.
kokomak wrote: They said the company could be worth between 500m - 1B. Which gives us a share price between $16 -$33 / share. The 1B is conservative once they start rolling out devices and a few contracts.
In turn this will also increase our financial numbers exponentially which also increases the share price. I truely believe we have a winner.
Small gains should be taken in this play as we rise however I would keep a bulk of shares for the eventual $40 target I project that I want to have in 6 months time.
Some might not agree with my math but I believe this company is a game changer. Let's not forget the breathalyzer that was mentioned. They have lots to offer in due time. I wouldn't be surprised if the federal government gets involved that they request CSA to place KNR at the front of the list in order to get the devices rolled out ASAP.
In the meantime, let's hope for announcements such contracts and whoever they are in discussions with to manufacture more devices in correspondence to the orders.
Cheers to everyone, hold on to your low float shares as they may become premium.
Kokomak