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Did you see my post on the last page? Head of investor relations told me PR was coming out soon. Couldn't say when, but he did say the PR event last weekend in New York went very well.
Yes, the stock is going down without PR, but it is coming...
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yea, they NEED to release the PR tomarrow. After the weekend event, why wouldn't they release it during the week?
I think as the price continues to decline, why didn't they release the news Wednsday or today? Kinda foolish of them to wait this long, I'm averaged down to .33, twice as much money as I wanted to spend, so I'm sweatin here. There's no doubt that the price won't remain at these low levels...but I hate long-term plays
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I'm with you mord, I was hoping this was a buy in and sell out within a week thing. I thought about holding maybe a hundred shares or so just for fun/long term in case this company turned out to be a new contender in the electronics market, but it's just looking kinda bleh in my opinion. Who knows though *shrug*
I've read around and they're surround sound systems have been getting great reviews in england, and they're still new here in the states and canada.
Their mp3 player that is getting so much press has actually been reviewed as quite mediocre, so looks like their promoting the wrong product :-P hah
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Press Release Source: Klegg Electronics, Inc.
Klegg Electronics Launching Large Screen High Definition Media PC Television Comprising Windows XP Media Center Edition and Wireless Keyboard Friday March 24, 6:00 am ET
LAS VEGAS, NV--(MARKET WIRE)--Mar 24, 2006 -- Klegg Electronics, Inc. (Other OTC:KLGE.PK - News) is pleased to announce they are now introducing a new line of LCD and Plasma High Definition Televisions including the exciting new 40" LCD MEDIA PC Television. This cutting-edge Media PC television comprises Windows XP Media Center Edition and wireless keyboard. Source: Klegg Electronics, Inc.
(click to enlarge) · Klegg Electronics, Inc.
The four new plasma models ranging from 42" to 63" have a 10,000:1 contrast ratio and 1366 x 768 resolution. The three new LCD models range from 32" to 55" with a 1200:1 contrast ratio and 1920 x 1080 resolution. Both LCD and Plasma models have HDMI, DVI, Component and RGB inputs, Enhanced Video NR and Filtration settings, and sport a Sexy all Aluminum Chassis. The new line of TV products will be shipping next month to dealers. Included in the features, the new models will have multiple PIP modes, Detailed Video and Audio customizations, RS-232C control for custom installation applications, and they beautifully match the look and feel of the M6 501 and M8 601 home theater systems also manufactured by Klegg Electronics.
The New 40" Media Center PC LCD, HDTV Flat Panel Monitor, with Windows XP Media Center, gives the consumer many interactive features. The new TV will give consumers the ability to browse the Internet, download videos, music, and photos directly to the integrated hard drive. Consumers can watch and record TV, listen to MP3 and WMA music, and transfer TV and music recordings to portable media devices. The Media TV has the capacity to synchronize directly with the Klegg Mini. As a fully functional PC consumers can install games, create documents, and send emails. Other than the wireless keyboard there are no external devices. The beautiful, slim, all-aluminum 40" LCD contains all the computer hardware, hard drives, and control devices.
Dennis Gentles, President of Klegg Electronics, states, "Our new line of Plasma and LCD product once again will show consumers that we have been listening to their wants and needs in this ever-changing electronics world." Mr. Gentles further stated, "Our continued record growth is based on our company signing on additional dealers nationwide and products being developed that give the performance and features that consumer as well as retailers are looking for."
About Klegg Electronics, Inc.:
Klegg Electronics, Inc. (Other OTC:KLGE.PK - News) 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. The corporation is headquartered in Las Vegas, NV.
For more information on becoming a dealer please contact Investor Relations at (973) 351-3868 for Stephen Taylor 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.
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That is a big market now. PLasma Big screen TV's have such a scolding hot market right now. That is why corning is up so big. They should be making money hand over fist with these.
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klge is long term . You will see big gains as soon as player hits market. remarkable device.buy now if you want to make $$ i buy every time i get a chance.
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I like that their TV will have a hard drive in it already and compatible with their MP3. Hopefully this will get the ball rolling. Seems like only a matter of time.
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Some of you need to visit the website. They have a nice product line. As far as I'm concerned the Mini is only to draw attention to the Name Brand. The classic bait and switch. Go in looking for an MP3 for the teenage girl come out with a plasma and surround sound for the family.
The MM's have kept this stock from rolling ever since it's big run up. This is a low float company so they could have been caught completely off guard and had a lot to cover.
I've seen it over and over 10 buys on the ask and they lower both the ask and the bid. Kill a rally before it starts.
KGLE will happen very soon and it will be a nice sustained run. JMHO of course.
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quote:Originally posted by wallymac: Some of you need to visit the website. They have a nice product line. As far as I'm concerned the Mini is only to draw attention to the Name Brand. The classic bait and switch. Go in looking for an MP3 for the teenage girl come out with a plasma and surround sound for the family.
The MM's have kept this stock from rolling ever since it's big run up. This is a low float company so they could have been caught completely off guard and had a lot to cover.
I've seen it over and over 10 buys on the ask and they lower both the ask and the bid. Kill a rally before it starts.
KGLE will happen very soon and it will be a nice sustained run. JMHO of course.
Question: Is the mini player is sold in all places that Klegg equipment is sold?
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