Kontrol Technologies Corp N.KNR

Possible Share Cross!

[flight100]

Paul in his twit on twitter mentioned talking with a fund manager. It is a good possibiliy that the fund wants a big portion of the shares. Although KNR can do off market shae cross but it is a good possiblity that the current stock weakness is about crossing a major share at current level.  I have seen several of these actions before. If the assumption is correct or they are looking for possible PP, I highly believe that the current price weakness would be short lived and we start to see a good rebound.

[canyousayiii]

A share cross involves two parties arranging usually a larger transaction. Who would be the one giving up the shares to the fund manager?

[Bangkokboy]

OR, getting their ducks in a row when this uplists. TSX OR NAZ anyone?

[flight100]

The insiders own a big chunk of KNR shares. they may be willing to give away 1 or 2 milion shares for bigger prize down the road. It is very typical practice with TSX venture companies.

[canyousayiii]

I think you are being generous flipping a million or 2 shares from insiders with such a small float. If they are confident in some crazy sales, "down the road" is a matter of the market seeing the results so no need to sacrifice something today for the inevitable not to far into the future. In any case, week is almost over and who knows what Paul may feel like saying if he finds a few