They will own only 19.9% of KRY'S trading shares but in reality the other Chinese entities ( All owned or contolled by China) could own many addtional trading shares.

I pondered this post today as not much else happened. Avg vol, some crosses, a little action at the end, Mr. 200. I looked at the market cap which is about 145M, I looked at the JV agreement language about voting their 19.9% along with the KRY BOD for three years........

Given the fact that CRRC and Fung probably have been at this for awhile before the june JV announcement and the history is that insiders know before retail, I always thought some Venezuela insiders and now some Chinese insiders had a hand in our SP rise prior to the June JV announcement. Along with added retail speculators the price rose in anticipation, but the .40 bought deal was a highly gaurded secret that only a few seemed to profit from by selling into the news. It is unclear to me who was buying KRY at $1.15 US in the pre-market prior to the JV deal announcement, were they just duped investors with some but not all the info, or was the pre-market buy an orchistrated event to cause confusion as the market opened to promote a retail hesitation to sell?

What posters say is true- There has not been shares availiable to trade for awhile, the volume at 400K it is easy to manipulate this in either direction and I agree with those whom belive we are being held at this level, but not sure the real reason. Is it just the fair value given the current situation or is it the bought deal price, both?

CRRC's Chinese freinds cannot have enough time to buy up a controlling interest so the explanation of why we are @ .40 cents is illusive. My take on this is: If you read this site postings and the few stock predictions out there, there is a general expectation that with the announcement of an agreement (just between KRY and CRRC) we do a 3 to 5 bagger from here, ($1.20 to $2.00). There has been some speculation that that the JV holdup is to make the agreement even more binding and complete. So we are ripe for the pickins during any moves to the upside now because of this expectation. I have asked myself would I have sold some shares had I been aware of the price @ 1.15 in the pre market? Probably not, as I belived that whatever news was coming was going to propel us much higher. IMO there will be investors coming in as the price crosses thru .45 to 50 but selling again before we go over $1 and taking the double. This stock could double without news or on just a rumor, the POG, GRZ action sinergy, who knows? This has happened before. Maybe thats why we are being held at .40 cause the MM's might have trouble controlling it if we get above .45 and it gives time for those (in the know) who still want to get in, but will their interest be in a trade or investment this time around?

Good Luck everyone (I know this is not a good trading strategy)

HB