first impressions

jumped into ksx today for 1.2 after colleague mentioned the stock. did a bit of research and seems like this one is ticking pretty much all the boxes. only box left to tick it seems is cash. yes pretty big box. current management team is loaded with heavy hitters from doing a bit of background reading on them. they seem to be the right people to take thus company through to serious commercialisation. couldn't find many failures in their past history. hopefully ksx hit its bottom at 008 and this bounce is the start of at least a sideways pattern while world situations sort themselves out. the slide down seems ot have been constant from listing but now at the lowly 1cish all the stars appear to have aligned. can't help but think that these big boys on the board have been working hard behind the scenes for a large cornerstone investor to come onboard at these hopefully cheap prices. i'm usually into the resource stocks as this is my industry of work so hopefully i can learn a thing or two in this one. given there is 700-800mill shares on issue there doesn't seem to be a lot on the sell side. looks like it could run very quickly on the right news. hopefully my impression is correct.
good luck all