Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Are you aware of the history here?
The past man!!
Very well could. This guy is like the Joe Brandon of CEO'S. Everything he touches goes to shit.
It’ll get worse!!
One of the worst investments I've ever made.
ROTFLMFAO...proxy to increase shares, after all the buys?? Are you fricken kidding me? Talk about 2 sides of the mouth...lmfao.. Spin this one, oh Riddle...
Updated 13D. Monster insider ownership. Extremely bullish interests.
They're all buys. He personally has over 40 million. Ault has over 40 million as the corporate buyback. Todd also owns all the preferred dividend stock. Nowthe spin off shares untapping 600 million in divisional holdings. I can't find a better value play or reason not to be adding. I also think Nile is going to be a retail and institutional Bitcoin instrument,, ie COIN
Shares won't be sub 30s for much longer IMO.
I didn't check every one of these, and I found most of these more recent form-4s to be acquisitions, maybe all of them!
https://www.otcmarkets.com/stock/NILE/disclosure
Speculating here but by the verbage used on the new market place regarding Nile, it looks to establish a retail crypto trading platform. Nice!!
The spin off is officially in play. 8k filed. Found this quote regarding Nile to be particularly interesting. Seriously doubt now there's a better value playon 600 million in spin offs at .30 cents, sub 100 million value.
The Company, after the planned spin-offs, will retain sufficient capital to continue development of a new Bitcoin marketplace platform.
You can plainly see why the Amex market is pure garbage. I've said that for a long time now. Controlled price fixing and manipulation. Look at Bitcoin, look at the lack of participation on a major news announcement.
4 spin offs equating to 600 million announced. Access only through NILE stock holdings. At current trade value of .30, I don't think there's a better value play available for 30 cents. Wow.
Interesting language on Nile developmentof new Bitcoin market place platform as well. A lot of interesting disclosures now and apparently Todd has acquired enough shares of Nile to warrant the official spin off announcement. A real sleeper here. Will the markets finally chase this up for the value it is? I would think so.
You would think. Amex is the worst of all markets. They make pink OTC look great. The dilution pollution didn't help and there's obviously a lot of pissed off whales the CEO created over his tenure. Just speculating but probably more right than wrong. The bait switch dividend didn't help either by establishing the preferred. Maybe he's planning on something there to NILE shareholders??
its truly amazing I have literally never seen such insider buying (by Todd and the company) , they are following through on their commitments with the Turn On Green, and likely the Gresham spinoff, and stock goes literally nowhere, actually it goes down. Now Im just shy of 300K shares and what do I have to show for it, a lifetime avg around 43 cents/share having written zillions of call options all going out worthless, and I still am underwater, my goodness enough is enough already. At one point this has to turn around to the upside, but when.
Credit is warranted for continual insider buying and follow through on the first spin off and share distribution. Right is right. Congrats and thanks Todd for the follow through.
$FRTM White River Holdings Corp. $EVTN Banner Midstream
$NILE
All three are connected. Check below. Interesting stuff.
https://www.bannermidstream.com/white-river
White River Holdings includes over 11,000 acres of drilling rights in Louisiana and
Company size
201-500 employees.
$NILE BitNile and Fortium Announce that a Fortium Subsidiary, White River, Commences Drilling Project with a BitNile Subsidiary, Ault Energy
https://www.businesswire.com/news/home/20220824005227/en/BitNile-and-Fortium-Announce-that-a-Fortium-Subsidiary-White-River-Commences-Drilling-Project-with-a-BitNile-Subsidiary-Ault-Energy
Credit where credit is due, regardless of how you get there. Looks like between AULT and the CEO , over 80 million shares bought up. Impressive. If they can get the losses under control on the unnecessary speculative financings, who knows where this can go? I figure outstanding is around 200 million, factoring in institutional holdings. Anyone see otherwise, chime in..
https://www.sec.gov/ix?doc=/Archives/edgar/data/896493/000121465922010460/f81422010q.htm
F-25
Subpoena
The Company and certain affiliates and related parties have received several subpoenas from the SEC for the production of documents and testimony. The Company is fully cooperating with this non-public, fact-finding inquiry and management believes that the Company has operated its business in compliance with all applicable laws. The subpoenas expressly provide that the inquiry is not to be construed as an indication by the SEC or its staff that any violations of the federal securities laws have occurred, nor should they be considered a reflection upon any person, entity or security. However, there can be no assurance as to the outcome of this matter.
———
Anyone know what that inquiry would be for???
What a pile of sh.t ticker.
Todd got any snake oil?
A series of form 4s with recent buys. CEO owns over 10% of the stock and 90k of preferred. He garnered a monthly dividend by bait and switch on the dividend issuance to preferred instead of Nile common for the ultimate flim flam scam. I'll give him credit for continuing to purchase Nile shares, as there offset by revenues generated off the preferred. Why wouldn't he with the win win set up. I'm not sure if the preferred were openly purchased but given what I've witnessed I'd speculate, meaning in my opinion only, that they weren't, and most likely granted by the board unto themselves. I'm sure the board also have allocated shares of preferred at Nile shareholder benefits. If anyone knows of certain on the preferred, feelfree to share. Nile stock currently subjected to the dilution and Amex market forces. Increases in Bitcoin are at best incrementally reflecting in market cap for obvious reasons. End of month mining metrics might help if deliveries and installations etc continue, and if the haphazard investments in speculative outlays cease. There's zero value given to the other divisions, and the board has failed to deliver spin off shares. CEO and board credibility are in play. Warranted given past and ongoing business as usual. With mining metrics, and earnings pending, will see if there's improvement on market cap. Personally, I don't trust this CEO and subsequent board for nothing. Markets can be a strange coordinated arenas. So will see if this Turd can float above the minutia of stink. The best undervalued miner IMO is HUT.
The past is no secret and well known to those of us to whom 2008 was the death knell………promises were made!!
MILTON Ault the 3rd...AKA p- Fat boy" is a known scammer. He is literally taking $ from retail investors on false & misleading BS! The SEC has been informed of his past & present shennanigns! Fat boy is milking retail for his nefarious porn activities. Milton, you WILL be indicted soon! Orange will look good on you fat fuck!
Well you've got peeps with green thumbs, golden fingers, and stinky pinkys. I think Turdd has the last. How do you like the bait and switch on the dividends? What a scam artist..
Where's the share spin off dividends? Another lying curve ball in the line up?
It might help if they quit wasting shareholder monies on bad investments, NASCAR, and follow through on spin off shares and dividends. They've gotten bag fills of shareholder monies and insulting holders with bait and switch. They need a stable minded and credible CEO.
Its too bad BTC is sucking so bad, that's gotta hurt the margin.
Hopefully it returns too old highs, and see what these guys do when flush with cash.
Yeah he's a real flim flam scam man. No ADRT shares, no dividends, ramped up another listing on preferred shares, what a clown con..
He's using all the money on his own acquisition of shares lmao
What a cracker
Where's the spin off shares? Hello Mcfly?? Another Turdd special..
Corestream Energy revisited
Hey why not, with the money he's saving by not implementing the plans he sold retail on above 2 bucks he flush with cash.
Also he better make it look like he's doing something to avoid negligence investigation from the SEC
Awesome Thank you (Should be due for a run.) Agree! $NILE$
Check out today's filing Milton Ault added almost 100K shares over .34. Should be due for a run. Not sure if it was an option to add or a flat out buy I did not have time to read it yet.
https://ih.advfn.com/stock-market/AMEX/bitnile-NILE/stock-news/88547782/statement-of-changes-in-beneficial-ownership-4
Yeah, the more I hang around, the better I like it.
Go $NILE
50% return in 9 months on 9 million
Not bad
Its outstanding IMO $NILE$
What I really like is there are a lot better acquisitions available now in the market better suited to our business plan that there were 9 months ago…
50% return in 9 months on 9 million
Not bad
Probably nothing
Best to sell now while you can…
Followers
|
60
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2061
|
Created
|
01/03/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |