RE:RE:RE:RE:This board is fairly useless I have to agree with Kyle here, I have been following this board for a few months and check in periodically. I got in at the end of the year and sold my position in May of this year taking slight loss. I still see people very bullish on this stock, so I have revisted a fews times thinking that Khiton may have reached its bottom and there is an opportunity to rebound. None of the "announcements" the company have made recently seem to indicate any tangible value. Think a lot of people on this board are seduced by the misleading copy in their press release. Even the lead of the Rappi deal talks about the 1 billion dollar investment from SoftBank for Rappi. I personally would prefer Khiron talk about THEIR potential sales from any of these deals. Even the Kuida brand looks like a joke, established markets like the US, in which there are many CBD skincare brands, this is a niche marketplace, yet every press release touts the $20 billion dollar US skincare market. Even do some anecdotal research on your own, ask your wives or girlfriends if they would be open to switching their current La Mer or Glossier for Kuida, my guess is that it will be a hard no.
In regards to Rappi - seems like most on this board are going off some articles they've read on Google as sufficent research. But having personally been to Colombia, my assessment is that they are NOT an amazon and should be thought of more on par with an Uber eats or Postmates, that most businesses can choose to sell products on. Sure the 6 months exclusivity might seem like something but Kuida is a niche product, there isn't a pent up demand where this deal is opening the floodgates. Think of all the local restaurants around you that have had to shift to delivery, sure it's great that Mom and Pop burger shack is on Uber Eats and can generate revenue. But if they approached you as an investor and touted this deal (that almost all businesses can get) means they are going to transform into the next McDonlads, think you would have pause.
Finally just my opinion, Khiron looks to be an overvalued company that has a great PR person, if anything that person should have been granted some of the restricted shares. In defense of Kyle, and all the hate he receives on this board, He is bringing a different perspective, while might not agree with everything he says, rather than challenging his views with insights and facts people want to want to swing their dicks talking about how much they have invested and their "intelligence" I'm all for healthy discourse that's why I come to these forums, but it seems like the majority would prefer this to be more of a groupthink and turn into a CNN or Foxnews and exclusively share posts that support their viewpoint on Khiron. Hope that this board can remain objective and share both positive and negative thoughts on the company. As I stated up top I know longer have a position in Khiron, but I do mean it sincerely when I say GLTA as I hope there can be 20-30 cent swing that i can ride the wave on to get back my losses. I will prepare for the inevitable responses about my lack of intelligence and/or hearing from the 15 or so active members who are the next Warren Buffet and are the only ones who see the huge potential returns for this company and continuing to "load up".
GLTA!