posted
I hope your right. I bought some yesterday during the early run and as soon as I did it did a u turn south. Anyways I think you are right, at least I hope.
braggtd out
Posts: 146 | From: Denver, CO, USA | Registered: May 2004
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posted
Guys, I bought it at 0.056 today. I think those secured contracts are substantially true. But we need to follow the trend of stock movement.
Posts: 8 | From: Canada | Registered: Apr 2004
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posted
After looking at the recent PRs and finding out about the low float, I'm baffled by the share price.
Assume 16 million (just one contract in revenue) with 91 million O/S/ This is a base of 17.5 pps. Most stocks have a P/E of 5+. If we assume 5, this gives us 0.875.
Why this is down at 5 cents is beyond me... Any insight?
Posts: 156 | From: Philadelphia, PA, USA | Registered: Jan 2004
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posted
my honest thoughts were that this was going to run huge when contracts came
it went from .057 to .088 when they came and is now down below .05
so when more contracts come we will see .088 again but...
I think that once investors realize the potential we should see .16 in about a 6 week period, and say 6 months- 1 year down the road reaching anywhere from .30-.65 would not suprise me at all
posted
NS KIWI Network Solutions Announces Delisting of Unauthorized Listing on Berlin-Bremen Stock Exchange
July 21, 2004 09:11:00 (ET)
JERSEY CITY, N.J., Jul 21, 2004 (BUSINESS WIRE) -- KIWI Network Solutions, Inc., (KWNS, Trade) announced today that it has recently requested and received notification that the Berlin-Bremen Stock Exchange has ceased trading and agreed to delist KWNS stock following its recent listing on that exchange without the consent or authorization of the Company.
According to Diego Roca, KIWI Network Solutions Chief Executive Officer: "The Company has never applied for a listing on the Berlin-Bremen Stock Exchange and was never notified that the listing had occurred. We were surprised by the action of the Berlin-Bremen Stock Exchange to list KIWI Network Solutions stock without authorization. Furthermore, there are widely reported and serious concerns about the motivation behind those people initiating such actions."
The Financial Times of London recently reported that the Berlin-Bremen Stock Exchange is being used to circumvent new US regulations aimed at barring a form of share price manipulation, according to several small US companies which have suddenly found their shares listed on it.
In this article it states that these Berlin listings came just weeks before a new Securities and Exchange Commission rule on so-called naked short selling. Under the new rules, those seeking to sell shares short must be able to demonstrate that they are able to gain access to the securities within two days. However, the rules contain a loophole for what are deemed to be genuine arbitrage trades, defined as short sales in shares that are listed on another stock exchange.
For additional information about KIWI Network Solutions, Inc., please see our website at http://www.kwnsmobile.com
quote:Originally posted by Just Looking: Hit 52 Wk Low today. (0.042)
lot of that going around....get ready for the runups....i don't know when, but the market can't stay this bad forever... the economy is a lot stronger than the market says it is....
posted
Damn stock. Who says there is huge opportunity? Now, it's 0.038. Next time, don't believe FA. Believe the trend and momentum!!!
Posts: 8 | From: Canada | Registered: Apr 2004
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quote:Originally posted by Just Looking: It still seems like an interesting company. Who knows?
I guess I'll be holding my 900 shares for a while (LOL).
900 shares? Are you kidding? At a penny price, how can you make money with less than 1000 shares? You cannot even afford the transaction fee with all the profit from selling 900 shares!!!
posted
Exactly! I just grabbed a few to have a position. Possibly not the smartest thing I've ever done, but there you are. LOL.
Posts: 571 | From: Southern California, USA | Registered: Jul 2004
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posted
Should we buy this stock at the current price around 0.023? Do you still have confidence in this stock?
Posts: 8 | From: Canada | Registered: Apr 2004
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posted
chart is brutal on this one - ouch, what a buttkicking today. i dunno, i wouldn't touch this one: technicals too scary, no sign of bottom support. also they have shown a total of zero revenues to this point, yet racked up $17M in debt the last quarter alone. maybe they will turn it around, but - no thanks to this one for me
Posts: 1698 | Registered: Mar 2004
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posted
what do i know, not much, but - no way i'd touch this at .016. if a company has zero revenues but huge debt, half of it quits, and seemingly no funding, and their supposed projects are in places like quatar (wherever that is) - i'll give it a pass. just too much risk compared to reward for me, though admittedly i'm a boring investor
Posts: 1698 | Registered: Mar 2004
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posted
KIWI Announces $8 Million Beta Contract in KUWAIT as first step to USD$150 Million National Rollout
August 06, 2004 09:35:00 (ET)
TORONTO, Aug 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- KIWI Network Solutions, Inc., (OTCBB: KWNS - News) a broadband infrastructure and service provider working in partnership, announced today that it has completed an $8 million contract with Teltek Canada Inc. (www.teltekcanadainc.com) to supply broadband platform, devices and applications for initial deployment in Kuwait City, Kuwait.
Derek Pepler, Director of KIWI, stated, "The $1.3 Million in this contract will enable KIWI to more rapidly convert our technology and applications for use specifically in Kuwait."
Mr. Al-Shaibani CEO of Teltek stated: "The contract, when successfully financed and deployed, serves as a first step towards an estimated national rollout of the partnership devices and applications of approximately USD$150 Million for Kuwait."
KIWI Network Solutions Inc. is a developer and distributor of third party devices and peripherals that are enabled to deliver 2-Way voice, video, audio, data and short messaging over applicable broadband Internet Protocols, Multiple Cellular Networks, Short Messaging, 802.11B/G and other networks. The technologies and hardware are compatible with all major cellular carriers, ISPs and virtual network companies.
This material includes forward-looking statements based on management's Current reasonable business expectations. In this document, the words "can," "anticipates," and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities Act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.
Contact : Mr. Derek Pepler Director, KIWI Network Solutions Inc. Direct Line 416 271 2514 Email: dpepler@equigenesis.com
SOURCE KIWI Network Solutions, Inc.
Mr. Derek Pepler, Director, KIWI Network Solutions Inc., Direct Line, (416) 271-2514, Email: dpepler@equigenesis.com (KWNS)
Copyright (C) 2004 PR Newswire. All rights reserved.