Kingtone Wirelessinfo Solution Holding Ltd ADS (delisted) (KONE) News

Just placed my limit sell order, a minute ago, for 20.05....
We'll see.
This is a dead board, as kingtone is no more....
I see some new posts on lkco board....
Don't know how high it will go.
Or why.....

$LKCO thx exploding again today crazy low volume manipulation.

The Bank of New York Mellon has terminated the deposit agreement for the Luokung Technology Corp ADR's on 09/19/2018. As a result of the termination, you have until at least 01/21/2019 to decide if you would like to retain your interest in shares of the issuer. Each one (1) ADR is convertible into one (1) underlying ordinary share, ISIN VGG569811067. If you convert you will be required to pay a cancellation fee of $0.05 per ADR and a cable fee of $17.50 per transaction, and any taxes or governmental charges. Holders who do not convert will receive proceeds, if any, from the sale of the underlying shares. Information agent: BNY Mellon

I didnt like the last part, where they used the vague term "if any"......
Fidelity could only refer me to calling bny Mellon, for more info. I think mellon would have told me, that the terms are very vague....
So I chose to convert. Wish I could have sold my shares when they were coming down from 70 bucks.....

What was the offer?

I just happened to notice $LKCO one day on the % gainers list when it was trading at $72 or so and now I see it's back to around $7..so strange.

I went ahead with their offer, just to get my 100 shares out of "dead" status. Received them in my account, as of yesterday. Apparently, I only see a tiny nine dollars and change charge, for fidelity to process the action. I was expecting it to cost 23+, after reading about the offer.
Oh well. I placed a limit sell order for today at 8.05, but no takers so far...
LoL.

$LKCO there you go it reopened 3 days ago and it's now $72 on air

Btw, my original investment in kone was tiny. Only a hundred or two bucks. However, at the time it went belly up, it was worth about 750 bucks.
Sad, but even if it became some class action lawsuit, I'd only receive like $22.35, as a settlement.....

I'd rather not get involved. Tried a quick search on the sec website a few weeks ago, but nothing much was found about kone or luokung. My suggestion is to try contacting the sec, to find out why they were halted. My guess is that they weren't compliant, in one form or another. So, if the company remains unanswering, or silent, then nothing will ever happen. Sad but true. There is no form of international "policing", of such companies. Hence, "stinky"......

Can i reach you via email? We formed a shareholdergroup because of our investment in CGA. CGA is the larger sister of Kone. I will try tomorrow to call Luokong. 4 weeks ago the Investor Relation department replied to my emails, but the last weeks they are quiet. Do they respond to your email inquiries?

Yes, in a section of my fidelity account which I call the graveyard. This is a list of stocks that have gone chapter 11 or otherwise died. In rare cases, some of these dead stocks have either come back to life days/weeks later, and become tradeable, or pay out some tiny amount based on the finalization of the death. The listing shows as luokung, not kone, so this means the name change occurred, before it ceased. I'm still hoping it may spring back to life, if they take some sort of action up with the sec, towards restoration. Not likely though, since most of these stinky companies have their incorporation in the Cayman islands, or another anything-goes area of the world....
This one does make me wonder, exactly where does my held equity amount go? Into their pocket?

Do you still have the shares in your account?

Do you still have the shares in your account?

Anyone still owns KONE? Do you have established communication with the company?

I think they were halted, right after the ticker change, by the sec for lacking some sort of information. Since then they filed what looks like a legitimate 8k, and more recently, news of an mou. Doesn't make sense why the sec is keeping them halted. I did read on yahoo msg board, that someone said they are a stinky company, and don't care about their shareholders.....

KONE any idea whatever happened to this? LKCO was the new ticker before they self-delisted and disappeared..strange.

I am still happy with my 5;20 here

dang, new it, shouldda jumped in at 4, w/ this low float!

Volume picking up know ..

Moving higher

Kone $6.51

Go KONE, go......

ez mover... a watch list keeper


KONE

KONE +101%

Low float getting 5,20's

KONE buy 3.80









normal chart




log chart

Whoops - it should come back

Low Floater On Radar

wow nice hit 7.85

back to 4.99

low floaters can & will do this

congrat$

In 6,30

wow went from $5.00 to $5.59 all in the same minute 9:13am

https://finviz.com/quote.ashx?t=KONE

KONER what a BONER yesterday~!

Looking for a bounce!

L:OL

Vert-da-Ferk ?

Was Looking at it too

Vert-da-Ferk ?

halt killed the momentum

Lets see a dip n rip

$KONE $5.30

$KONE $5.20

$KONE $5 boom!

$KONE $4 won't last

8-1O Dollars.... POSSIBLE, SOON !!!!!

just bought in..Super low floater !!!!!

Somebody bought a good chunk of this today...hmmm... $KONE

KONE bullish 5.40



















normal chart


log chart

KONE $7.65 hod

KONE $7.35 vol again

KONE $8.88

$KONE #money in the bank! #nasdaq #stocks

KONE $8.75