KFx: Hedge Funds wagging the dog?

How does a penny-stock that went public through a reverse merger with a $10,000 shell company owned by a car dealer, overcome a long history of questionable dealings and turn a 30 plus year failed energy scheme into a billion dollar bonanza? By involving the best name in an esoteric segment energy business and appearing to be poised to revolutionize an $8 billion industry. Could it all be real? Well real enough for some of Wall Street’s biggest hedge-funds (people who are supposed to know how to spot a scam) to think that they can at least join the band wagon and get away with it.

Today we released a research report on this little mystery, titled Is Lurgi really KFx’s savior or just smoke mirrors? Click here www.asensio.com to read and make your own decisions.

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