If you can see money in an advanced skin care development and marketing company that is promoting their 24KT Nano Gold product line and is being indirectly pushed by NBT Equities Research, look no further than Kuwait. Approved by the Ministry of Health of Kuwait to import their product there, today’s email alerts had a headline that reads like this: “This exclusive PROFIT ALERT reveals what the big-money-boys on Wall Street don’t know yet, and why a young company named KollagenX (KGNX) could soon hand you $25,000 in return for your single $5,000 investment.” Seeing as how the pre-Kanye, pre-transsexual Kardashians hyped up BoldFace Group (BLBK) played in the same industry for gains of less than 0% on the best day of their pump, the KGNX kick off looks like traders have gotten smarter (or simply hate beauty products).
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KGNX Stock Quote / Chart
KollagenX is no “run of the mill” beauty products company that is about to eclipse millions in sales (if you read the kgnxreport.com. On December 31, 2014 the Company had accounts receivable of $46,613 and determined that an allowance for potential uncollectability of $6,176 was appropriate, and they had shelves stacked to the ceiling in the form of inventory of merchandise held for resale, on December 31, 2014, valued at $69,985.
Those numbers aren’t that bad when you consider that total current assets at December 31, 2014 were $255,916 an increase of $168,817 compared to $87149 at February 28, 2014, of which $1,057 was cash in the bank. With the sale of their inventory on hand at the end f last year and collection of all the accounts receivable, they could hold off collectors of the $66,824 of outstanding accounts payable, but would have a very rough time paying down the other current liabilities of $464,627.
But “Now” apparently is the time to be buying KGNX stock since, according to the KGNX report:
An entirely new, massive market is opening up for KollagenX… the women of Main Street are going 24-karat gold, too! I strongly suggest buy KGNX now, before KollagenX is rolled out to all 671 Costco locations[ix].
Costco, with its 71.2 million card-carrying members, is the third largest retailer in the world with annual sales of more than $112 billion.[x] Just getting on the shelves of this powerful giant is often enough to send sales to record highs virtually overnight. But it’s not easy. Rigorous standards must be met… standards KollagenX more than meets.
Gold Is Medicine
Doctors inject patients with colloidal gold, minute particles of gold suspended in a liquid formula, to treat rheumatoid arthritis.
Aestheticians and product developers are convinced that the same anti-inflammatory agents used for the treatment of a disease like arthritis can prevent the breakdown of collagen and elastin, and in turn prevent wrinkles and loss of skin firmness.
Fortunately for early KGNX investors, KollagenX has a patent on the process called NGT®, Nano Gold Technology. This exclusive technology alone could make KollagenX an immediate takeover target.
Costco demands the companies behind the products they sell must be financially strong enough to produce vast amounts on demand. They have 671 locations, after all. And every product is expected to generate at least $1,000 in sales each week, per location.
Dude, let me get out the calculator (or just look at the GIF on the report)… $1,000 multiplied by 671 stores = $671,000 (about 3X what KollangenX reported for the nine months ended December 31, 2014). Now, $671,000 multiplied by 52 weeks = $34,892,000 a year! Well put some lipstick on a pig and call me a farmer, any one of you block my $0.01 bid for KGNX stock are gonna get a handbag on the gut.
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About KGNX Stock
KollagenX Corp. is a California-based development stage cosmetic company that’s main focus is nano gold technology in order to develop and introduce new safe, more affordable eco-friendly beauty products.
Chino, CA 91710
Phone: (800) 641-8004
Email: [email protected]
Issued and Outstanding: 54,000,000
Last 5 Trading Sessions:
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