This is topic KLGE in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by trader_adam on :
 
When will this run? I'm in today at .29. It looks like a steal at these levels.
 
Posted by logical buyer on :
 
Been waiting weeks. I thought .35 was a steal. I am in for 9000 shares total, at a over all cost of .38 ouch.
 
Posted by trader_adam on :
 
I was eyeing this and UPDA. I was going to get in UPDA at .17, but missed that boat. Not going to miss this one .28 is a steal. Can't wait to make bank on this when it goes! Good luck to all...
 
Posted by logical buyer on :
 
.20 ties all time low. Looking for a bounce here.
 
Posted by joejoe on :
 
Still buying at a cheap price!! It will go up!!
 
Posted by doling2005 on :
 
I liked this stock at first but I actually believe they may have lost paula abdul due to the declining stock price and possible inability to continue to pay her.Not that she's any great shakes but if they lost her, they may lose investor confidenc. Notice pr's with her promoting the product are no longer. just MHO so glta..
 
Posted by jdg257 on :
 
Financials any day..suspose to be HUUUUUGGGGEEEEEEEE
 
Posted by coalkickin on :
 
according to?
 
Posted by jdg257 on :
 
http://www.investorshub.com/boards/read_msg.asp?message_id=11076479

http://www.investorshub.com/boards/read_msg.asp?message_id=11126075
 
Posted by joejoe on :
 
As I said on the 8th...still buying...it will go up!!
 
Posted by pepa z depa on :
 
that would be really good, i have around 30% percent of loss on KLGE, hope they will kick again
 
Posted by jdg257 on :
 
everyone holding their breath for these earnings...until then im loading the truck
 
Posted by logical buyer on :
 
Bottom buy now.
 
Posted by R.A. on :
 
Nice... got some at 0.215, amazing!
 
Posted by R.A. on :
 
This one will be huge.

-They have a very unique product-Klegg Mini, the world's smallest MP3 player, which is their #1 concern right now in terms of commercialisation.

-They have a famous spokesperson in the name of Paula Abdul.

-They are now working on deals with distributors for Europe and Asia.

-Management team is extremely qualified.

I mean, what else can you ask!

Once this one starts going up (probably after good news or good financial report), it will be very nice IMO.
 
Posted by R.A. on :
 
EXCELLENT NEWS!!!

Press Release Source: Klegg Electronics


Klegg Electronics, Inc. Announces 260% Growth in Sales and First Positive Income Quarter
Wednesday May 17, 4:00 pm ET
Positive Outlook on Future Sales Growth


LAS VEGAS--(BUSINESS WIRE)--May 17, 2006--Klegg Electronics had an increase of over 260% in gross sales in the first quarter of 2006 in excess of $872,000 (annualized) vs. $240,000 for the entire fiscal year 2005. The increase in sales was driven by the popularity of the Klegg Mini and Klegg's nationwide promotion involving celebrity Paula Abdul, Virgin Mega Stores, and a growing nationwide dealer network. This resulted in Klegg achieving a 180% increase in annualized net income vs. a ($77,000) loss in 2004. The complete financials can be found at http://www.klegg.com
ADVERTISEMENT



Looking ahead Klegg expects continued sales of the Klegg Mini, growing flat-panel TV sales and a steadily expanding dealer network to drive increased sales for the second quarter of 2006. Much of Klegg's expenses is due to heavy investment into research & development to grow its cutting edge product line, office expansion, revamping the company's website, and increased sales and marketing staff. Klegg anticipates sales to grow at a quicker pace in the future with new innovative products, strategic partnering, and more sales reps.

Klegg has been expanding its nationwide dealership network at a rapid pace making its products available to more people. This network is being established to ensure the continued growth and success of Klegg Electronics. Klegg offers a full line of consumer products including cutting edge slim-line televisions, high end home theater systems and MP3 players.

Safe Harbor

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the company's SEC reports.


Contact:
Klegg Electronics, Inc.
Investor Relations:
Anthony Bookman, 888-465-5344 ext. 750
investor*klegg-america.com

--------------------------------------------------------------------------------
Source: Klegg Electronics
 
Posted by logical buyer on :
 
Yes, it is. We should start trending back up to .40 with no problem. I expect a real nice pop in the morning when the shorts have to pay up the POS to cover. [Big Grin]
 
Posted by jdg257 on :
 
HUGE, there is no way this cant run, low float, and this has been run down into the ground by MM's they have all the float...

if your not in i would chase it, we will never see these levels again and a few cents lost bec of chasing will be nothing when this stock is trading in the dollars. JMHO
 
Posted by logical buyer on :
 
Watch this move up at the opening.
 
Posted by jdg257 on :
 
all the way to closing
 
Posted by joejoe on :
 
All day is right!
 
Posted by Agent S on :
 
Great news! Can't wait to see what it does all day. I'm getting more in the AM.
 
Posted by jdg257 on :
 
gapping... .27x.28
 
Posted by jdg257 on :
 
l2's look so good...thin all the way to a dollar
 
Posted by Agent S on :
 
Up 20% already. Lookin good [Smile]
 
Posted by jdg257 on :
 
how does some sell at .25...i dont get it.

i guess the gap got filled now lets rock it all day. this is a great oppurtunity to pick up cheap shares.
 
Posted by R.A. on :
 
It's not going as high as some thought it would.

Juste the usual... 0.29, 0.30.

It's kinda strange, because there is a nice volume compared to weeks before and the news were nice.

Let's see what happens.
 
Posted by logical buyer on :
 
Huge volume!
 
Posted by R.A. on :
 
Why isn't this one moving?

Anyone has an idea?
 
Posted by jdg257 on :
 
maybe its just the crappy market, or more MM manipulation. all i know is when this takes off its going to be huge, until then im enjoying the cheap prices.
 
Posted by coalkickin on :
 
KLGE needs some big time distributors...until then it will remain stagnant.IMO
 
Posted by logical buyer on :
 
All time low now. Buying oppertunity.
 
Posted by logical buyer on :
 
.18 is a new all time low. This is a good level to buy in for a flip to .22 to .25 range.
 
Posted by logical buyer on :
 
.16 is crazy. This will bounce back in the .20's before the week is over.

quote:
Originally posted by logical buyer:
.18 is a new all time low. This is a good level to buy in for a flip to .22 to .25 range.


 
Posted by joejoe on :
 
I'm still holding 1000's of share for the big rise!!!
 
Posted by joejoe on :
 
I'm continuing to buy this stock...sorry some of you don't believe in it....
 
Posted by Agent S on :
 
Well this might be happening sooner than we think!

quote:
Originally posted by coalkickin:
KLGE needs some big time distributors...until then it will remain stagnant.IMO

Klegg Electronics Develops 1GB Version of World's Smallest Color Display MP3 Player; Nationwide Retail Distributors To Be Announced Soon

LAS VEGAS, Jun 12, 2006 (BUSINESS WIRE) -- Klegg Electronics, Inc., (Other OTC:KLGE) is pleased to announce they have unveiled a 1GB version of the world's smallest color MP3 player, known as the Klegg Mini. The 1 Gigabyte capacity will hold up to 400 songs, 40,000 photos and hours of voice recordings.
The Klegg Mini is approximately 1.8 inches in length, 1.6 inches in width and 1/2 inch thick. This color display MP3 will also be available in blue, pink and white. Features include: photo slideshows, one inch color LCD display, voice recording, play, pause, fast forward, reverse, next track, previous track, EQ settings and MP3 shuffle play. Other features include 26 hour battery life, Li-ion rechargeable battery, CD with photo conversion software, workout earphones, and optional FM tuner.

Along with the increased memory capacity the new Klegg Mini will boast a new eye catching clamshell packaging and extremely competitive pricing. The 1GB Klegg Mini is expected to be available later this summer in retail locations nationwide.

Dennis Gentles, CEO of Klegg Electronics stated, "After experiencing great success, with our online sales via our website, we are excited to expand distribution as we launch our new 1GB version in retail stores nationwide. Furthermore we look forward to finalizing the details, and announcing our retail partners very soon."

About Klegg Electronics, Inc.

Klegg Electronics, Inc. (Other OTC:KLGE) is a manufacturer and distributor of high-quality consumer electronics. Klegg Electronics has focused on designing a variety of products that work seamlessly together within the home. Klegg distributes their high-end home electronics through specialty boutique stores nationwide, while distributing their portable electronics through national retail and online stores. The corporation is headquartered in Las Vegas, NV.

For more information on becoming a dealer please contact Investor Relations at (888) 465-5344 X750 for Anthony Bookman or visit the company website at: http://www.kleggusa.com.

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.

SOURCE: Klegg Electronics, Inc.
 
Posted by Agent S on :
 
Already up 31% today. They will start selling their product in retailers this summer. This is huge for Klegg! Volume is picking up too.
 
Posted by jdg257 on :
 
IF you go to the ************** board, theres a poster on there 'bull2bear', who is regularly in touch with the IR guy from Klegg. He confirmed a major US and UK elctronics dealers signed a contract to carry Klegg products. They have also identified the short seller and are going to put a stop to the NSS. Heres the link:

http://www.**************.com/forums/showpost.php?p=397593&postcount=753

When all this is put into PR it will be huge.
 
Posted by jdg257 on :
 
http://www.hot stockmarket.com/forums/showpost.php?p=397593&postcount=753
 
Posted by joejoe on :
 
Thanks, I caught that earlier...things are looking UP!
 


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