Friday 24 February 2012

KING (King Resources, Inc)

 

KING: We have been supporting KING shareholders for awhile. We alerted this stock in the 0.0004 range. Recently a major Press Release came out. King then surged all the way to 0.002 from our 0.0004 alert bringing 400-800% gains so far We will break down this PR for you and explain why we  are still big supporters of KING.


1.  President of "The Grid Grabber" Dennis Giancola, will be named to the
    company board of directors and the CEO of the company. 
2.  An official news release will follow shortly of Mr. Giancola appointment
    Another PR regarding Mr.Giancola is on the way. 
3.  KING will shortly subscribe to OTC Markets www.otcmarkets.com as a filer
    and the company intends to file its financial statements, Adequate
    Disclosure and other corporate by March 1 2012 
If KING wants to go current Tier on Pinksheets they will need many filings so
    more filings and information is on the way 
4.  KING has received satisfactory cash funding requirements from its
    preferred shareholder(s) to complete the merger with Grid Grabber 
Merger is now more likely then ever to be completed 
 5. Regarding item # 4 above the company intends to retire approximately 500
    million shares 
When a company wants to reduce it's share structure that is a big signal 
that the company is heading in the right direction 
 6. The current share structure is: Total Authorized: 2,000,000,000 Total
    issued: 1,507,558,706 The management estimates that the float is
    approximately 488,127,000 shares 
This speaks for itself. More disclosure is always a good thing. 
1.  There has been a huge R&D expansion and expenditure on the Grid Grabber
    since 1996. The company does have one working concept unit. There are
    currently 5 businesses willing to start beta starting immediately. This
    will be the company's top priority. 
Shows that KING is ready to expand it's business model and every major step 
they take would most likely be followed by a PR. 
 2. Articles of incorporation of Grid Grabber and Patent Pending filings
    will be filed on OTC Markets shortly. 
More filings and disclosure is on the way. We expect to be hearing a lot from 
this company in the weeks-months to come. We expect a positive direction and a
healthy stock chart in the future for KING. Will this company be the next HTDS,
GOIG,SKGO,FOGC? All of these stocks have had the same investor relations at 
the helm and we expect KING to follow in the same path. It is our opinion to 
our members that holding tight to your shares would be a smart move but again 
this is just a opinion. Trade as you see fit.