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KDCE reverse split situation

UserPost

1:21 am
March 25, 2010


Fredro

Member

posts 8

10

I am still holding and the transaction has not settled. I think the last sec filling mentioned 3-22-10 and that is passed.

Troll any idea?

4:33 pm
January 5, 2010


Jae Jun

Admin

posts 762

9

Hey thanks for the update.

How on earth did you manage to buy? I just gave up and went looking for other opportunities.

Looks to be a pretty good chance.

1:56 pm
January 5, 2010


troll1184

Tallahassee, FL

New Member

posts 1

8

There is finally some movement here. I bought some more shares @ 0.09, bring my average cost down to $.11. The have filed a new SEC form: http://sec.gov/Archives/edgar/…..rer14c.htm

It states that the transaction will become final approx 25 days after that form was filed(12-23-09) which would be Jan. 13, 2010. The payout is still set at $0.18, as long as you own less than 5000 shares.

I will be trying to pickup an additional 1500 shares at a decent prices sometime between now and then if possible, good hunting everyone.

12:25 pm
October 22, 2009


Jae Jun

Admin

posts 762

7

I would suggest ringing investor relation relations and asking directly. Nothing better than a straight answer.

5:06 am
October 22, 2009


Fredro

Member

posts 8

6

No I don't see any new filings.

12:56 am
October 21, 2009


Jae Jun

Admin

posts 762

5

Have there been any new filings?

From what I read, there wasn't a clear final date so I'm not sure when it will be finalized.

9:09 am
October 20, 2009


Fredro

Member

posts 8

4

Jae,

Definetly not losing sleep over it, but it would be nice to know where this thing is going.

Eldinril,

I haven't made the effort to call their Taiwan office yet.

Any other members here that were trying to take advantage of this situation?

5:07 pm
October 9, 2009


eldinril

Member

posts 25

3

I do not know if this will prove helpful or not. There is a phone number for the business on the 13E, but it is in Taiwan. With any luck, they have an investor relations representative who can help you.

1:44 pm
October 9, 2009


Jae Jun

Admin

posts 762

2

Hi Fredo,

I gave up on trying to acquire shares of KDCE. No body wanted to sell me any shares. As for the timing of your purchase, I can't say for whether you bought too late. I still don't see a cut off date.

As I say, if you are uncomfortable holding, it's always best to sell out, rather than lose sleep and possibly lose more.

Or if you see a better opportunity, you may be missing the chance to make money.

9:04 am
October 9, 2009


Fredro

Member

posts 8

1

Hey, 

Thanks for creating these forums!

I have a question on the KDCE reverse split, I bought on 9/16 at $0.15 4995 shares.

I still haven't had the shares bought out, and now the stock value is down to $0.12 and I have an unrealized loss of $150.

Does the buyout only apply to those who had cleared shares before June 17, 2009?

What would you do in my position, sell or keep waiting? I am not sure if I apply for this reverse split or not anymore…

Thanks,

Fredro



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