IMPORTANT! To: Long KNR Shareholders!I am writing the following notes and if you are long investor for KNR, please give it a like. This way, we would know how many long term KNR investors we have and how many daytraders & shorts on this forum.
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KNR will shine again. Nothing has changed except that the company has:
1) increased its balance sheet by 3.8 mil dollars and no further financing is planned
2) They have received approval from CSA & the USA side's standard approval
3) They have established the lower limit of the system functionality
4) They have filed or to be filed the patent application
5) Strong and committed management with owning over 34% of the outstanding shares
6) They have potentially various source of incomes from different areas of the field, which is great for diversification
7) Potential expansion to other part of world that will expose their products
8) very low share structure and market structure
Now the downside would be stock price fluctuation in short term. Then, so be it and we will buy whoever wants to sell it until the weak hands are gone. It won't be too long that with a positive news, the stock price would move up on its correct path.
Best