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200 million you say?
Should just about cover his retarted spending ie. Race car advertising
Only Todd would see more dilution as a means to advance a company.
Keep dumping your retail coin into Todd's pocket, he's gonna make you rich lmao
agreed...it's hard, but we may wake up with a big surprise one day....
This one is hard to gauge. They are diversified, but seems no news helps.
How to stop the bleeding????
Positive action…….
Now!
BitNile Holdings Announces It Expects to Have No Direct Impact to Its Business Related to the Crypto Exchange FTX Bankruptcy
Great to know Todd.
Who is going to save you investors from you now
Free fly.
People still giving this con artist cash lol
Substandard value!!!$
The vigoro hits the mixmaster!!
The shit hits the fan!!
Bcoin down $1000
On your back side just below the back and above the knees.
NILE$$
You are not doing my DD for me? LOL Obviously you dont know who you are talking too. Your rant is baseless.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168275491
NILE$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168275491
I think you all obviously been finally reading some old filings LOL. However you rant means nothing in my opinion. Nile is cash cow and has been. All of the sudden people climbing out of woodwork crying scam. What some think they discovered I knew long time ago as you see my post above. But everyone ignored it when I posted it LOL. So silly rant. NILE$$
Howz that divestiture going?
Timber!!!!!!!!!!!!!
You have my empathies. What should have been an increase on values here has been clearly offset by incessant ATM dilution. The principal reason. Fiduciary malfeasance, especially in light of the subsequent investment instruments selected by Todd. Market is exploiting this and the recent pre earnings suggests that he's probably taken the short side on these instruments. If they're all down, yet they're up on revenues, how else do you get those numbers??
I also voted NO!
Im up to 372K shares of this crap, unbelievable. Writing the .05 calls for any expiration besides Jan 2024 is close to impossible at this point. Damn it damn it damn it
Nobody in their right mind would vote in favor of this addicted ATM Dilluter. The most recent podcast takes no ownership for the incessant withdrawals and diminishing shareholder value. Arrogant to the end..
I just voted against the 1,230 Bil share increase, I'd rather stay stinky pinky than NYSE.
That 13% preferred is now yielding 25%+ at current market price.
m2m
The collective evidence wouldn't avail the company and executives in litigation IMO. Continuation of performance and actions are only going to strengthen the claims.
Just a matter of time before it happens.
Todd just says "I'm not the CEO" this is how he's tried to cover his azz, as for the real CEO that no one ever hears from......
There are essentially 3 argumentative points that IMO, collectively establish a preponderance of evidence of fiduciary malfeasance and grounds for shareholder compensations.
First, on numerous occasions on the podcasts, a dividend relating to Nile shareholders was suggested, stated, intimated, and thereafter switched to an exclusive Preferred new issuance. The CEO in full possession of all preferred and benefiting monthly with a 13% return. Nothing for NILE shareholders.
Second, while the shelf filing was filed, a clear visual of the subsequent dilution and resulting stock/market cap, has evidently downward spiraled with no reversal, support, or inflection. The continuation of ATM, with no regard to shareholder value, clearly demonstrates a lack of fiduciary respect and primary duties of a CEO mandatory responsibilities. The dilution is unabating, and next months shares should reflect another dump at low of years. 9 million were added from the previous months dump. This has eroded institutional holdings, jeopardizing listing qualifications, and with the filing to increase the authorized as a poison pill take over obstacle, the actions clearly do not coincide with the reasons stated. The open market purchase totals, authorized and outstanding summations, only support that an increase is solely based on further ATM dilution.
Third, the speculative and wayward investments of shareholders monies, is clearly a demonstration of a lack of due diligence and irresponsible fiduciary. Regardless of the investments, zero appreciatable returns on shareholder equity. Pick the investment, and it's in the crap. Market conditions are extremely challenging, which should have garnered a greater level of fiduciary management, and not further eroding shareholder values. Yet, one hole after another.
In summation, the principal code and responsibility of any CEO is to provide shareholder value. Unfortunately, with no apparent change of conduct being witnessed, despite an increase in volatility in the markets, it is painfully clear that the only intent by the CEO is to exploit shareholders values by incessantly exercising the ATM.
Given the observations and reasons stated, I believe that there are credible grounds for a successful shareholder suit to be initiated. There's obviously no check and balance being provided by the board. They are equally as culpable.
Hopefully some measure of accountability will materialize soon. There are still sizeable and tangible assets for compensation at this point. Another year of this level of performance, and who knows what will remain.
Glta
How long is a .17 share allowed to survive?
Where's the shareholder class action suits?? Surprised it hasn't been initiated. Very winnable in my opinion. There's at least 3 specific areas of focus. I'll share those over the weekend.
CEO has got to go.
Lmao Todd is doing what Todd does.
You should step back and think about what you wrote. On every metric, there's no shareholder return of value. Cognitive dissonance?
You two should give it a little more time. Hope we all do good here. We do not really know what has been going on for quite some times. But the fact points at different direction.
Thanks for the kind words. I'd trade all of my analysis's for a reversal of fortune and a clear declaration of admission that I was wrong here. Unfortunately this is what it is and there's no sugar coating the obvious failures by the CEO to create shareholder value. The incessant ATM is egregious and beyond the pale. Hope he gets slammed by the SEC fwiw, and a better and fiduciary minded personality takes over. Maybe even a take over?? Anything but what we got now..
Fingers crossed on this all to obvious Hopium play..
Thanks, urge2surge, I really had some high hopes for this company but seeing what has transpired the last year has just been very disappointing to say the least. My price point now is 0.85. If I trusted these guys, I would average down even more but they lost all my faith in them. I now hold and hope it won't get delisted. I won't chase a falling knife again. I have to say you have been a beacon of light. Your posts have been very informative, fair and without any bias. I thank you and appreciate reading your thoughts. Hopefully we can be proven wrong, and our investment here pays off.
Stay well!!
Given the 9 million Todd dumped last month, looks like he's determined to dilute this to shit. A real piece of work this guy is. Establishing any credibility or institutional support will be impossible to garner. My guess is he's probably going to dump another 10-20 before the next update.
I actually hope an sec charge lands on his ass for whatever they've been looking into. A real loser on fiduciary shareholder value.
I haven't seen or read a specific date. Possibly in a followup press release after the S1 shares are approved.
Unless the ATM addict stops, the spin offs won't help much, at least not until a financial track record is established, and or execution, and if the spin offs will continue the program of dilution as evidenced here. I would suspect so. CEO got to go imo.
Assuming the spin off completed, the stockholders would receive some asset distribution as stated. But not all stockholders, only ones who hold up to the record date. Is the record date defined?
I should add that there's been an additional 9 million shares distributed from last month. Directly resulting in a new low of year. Most likely continuing to dilute as well. Wtf?? CEO got to go..
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