Microvision shares have been added to the portfolio.
The company's focus is on using it PicoP (trademarked) technology. Our technology allows us to create high resolution miniature projection displays and LiDAR sensors.
With the amount of patents, and the value that the technology brings, we thought it would be a good speculative investment. Shares were purchased for $0.17 per share. The fund likes the Lidar technology that is pushing the automotive industry forward in self driving vehicles, which we believe will upend everything from oil to insurance to local government revenue (story here).
The portfolio looks to invest in companies that will push life's existence in a positive direction. The portfolio also has an equity stake in Crispr Therapeutics (post here).
**All
posts on this blog are information and opinions only. They are not to
be considered recommendations to buy or sell any security. Please do
your due diligence first before trading and investing. Please direct all
questions and comments to the blog, kdkfund@gmail.com, or on
twitter @kdkfund.
Saturday, March 28, 2020
Thursday, March 26, 2020
Crispr Added to Portfolio
Crispr Therapeutics stock has been added to the portfolio. We paid $39.00 per share. The downturn in the market allowed for the shares to be in our buy zone. There is no plan to sell the shares as of now.
The company's focus is on developing transformative gene-based medicines for serious diseases. KDK Fund believes that there is still an immense amount of value to be mined from this type of research. Crspr Therapeutics is at the leading edge of this research. They have a wonderful, talented team. They have wonderful partnerships. They are in a business that is in its infancy.
The portfolio looks for investments into companies and projects that are having a positive effect on humanity's existence by expanding or creating.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
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