Caveat Emptor!
Originally, I thought the product was good and the deal was a good one. Now I am thinking just the opposite.
IMO KIWI does not have a product -- they have a prototype, but have yet to secure financing to bring it to market.
KIWI announced a purchase order for 10,000 units, IF they could minimize the prototype by a specific date. IMO, there is no purchase order since the operative word is IF.
Recent company changes and acquisitions don't make any sense and I can not find any information on the companies they acquired.
Management has changed so frequently that it is hard to keep up with who is who in this company.
There is an individual associated with this 'deal' whose integrity is in question.
Recently announced relocation of operations from Canada to Florida and new CEO. Operations must only be the office of the CEO. Hal Fisher resides in Florida.
The stock continues to make lower highs and lower lows. Volume is minimal and erratic.
koalawireless.com
Harold H. Fischer, CEO
Peter Ianace, President
Bradley Wilson, Chairman & Director
Derek Pepler, Secretary & Director
Miguel Caron, Director
Terry Clarke, COO
As long as the KIWI remains in question, the above statements will remain on top.
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