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Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-40. The reverse stock split will become effective on September 22, 2023. The Company’s common stock will begin trading on a post-split basis at the market open on September 25, 2023, under the Company’s existing trading symbol "CNXA", with the new CUSIP number, 831445309. The reverse stock split is part of the Company’s plan to regain compliance with the minimum bid price requirement of $1.00 per share required to maintain continued listing on The Nasdaq Capital Market, among other benefits.
in out Volume up 50% in 1 hr
CNXA: Hopefully!!! (But by THIS time of any day, one is NOT going to get endless up-&-downs within the SAME price range.)
In and out 3 times already today. The volume is almost 20 times the OS. Does it have one more push to .27
$CNXA
That came a went already
Nice and liquid
CNXA, good run. my 7 cents now tripled .
there was a twit alert-- VERY NICE
Dump coming
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172485080&txt2find=cnxa
SOMEBODIES GOT IT GOIN THIS MORN
PROBABLY WITH A WASH TRADING BOT
13'S JUST HIT 15'S
I hope everyone got out on this pump. I've been doing this forever.
For every $1000 sold they pay themselves $10,000. It's a big ol tennis orgy with management and their "ambassadors" LOL
Stockholder equity swung ($40MILLION) LOL! They are STEALING from stockholders. Dirtiest managment I've seen in a while. Dilution scheme here. This will go BK when they're done diluting. For. Sure.
Go figure, LMAO
This fake company missed it yesterday when shorts were covering, I will never be back. Checked insider selling it's bad, which would explain short selling rip-off yesterday.
They still have 278 million shares to dilute. Zero is a long ways out, but I wouldn't go long this one any time soon.
They manipulate the stock then Rape you crooked asses
As long as you know how to navigate them, penny stocks can be ok. They usually go to zero at some point. This one has that written all over it. They'll use the stock as much as possible before taking private. Insiders will get paid well though.
Yeah a lot of penny sticks are the same way no surprise to me
CNXA stock is nothing more than an ATM for management. Sales and General Admin is higher than revenue. They literally pay themselves more than the revenue. They reverse split and do secondary offerings and put the money into their own pockets. Liabilities are much higher than assets, so they will go bk at some point. This is about as crooked a management team as you'll see. They should be in prison. I lost my ash on this when it was SLBG and, at one time, I thought it was promising, but management stole from shareholders by the $$million$s. Luckily, I've recovered on other stuff, but these people are super-crooks.
Banked easy $,on to next ZERO BORROW ticker
Hearing results>Has until 5-31 to file 10-k,and 6-30 for any other delinquent forms,so no immediate delist risk for a month
Out with 50% win,next runner on deck,my scanner is on fire lately,market is turning up for us,enjoy!!
Extension until May 31 to file,nasdaq hearing,no delist danger until then if they don’t file (new accountant working on it)
70k hiding at bid,I have bids in for more incase ppl get impatient or fearful
I banked 725% today on ZERO BORROW tickers,now in CNXA possible next big win,we shall see
they have until april 10th to file or get delisted
its #1 on my scanner so how can it be a bad trade lol,my scanner has won 99% for weeks since fine tuning it for 20 years CNXA did reply promptly as required and stated they would comply to gain requirements,they have 5m from the offering @.29(shrug my shoulders lol)
zero borrow and not optionable so no shorts to take it down,8m float/12m o/s,macd is rising to bull breakout line,low risk/hgh reward,unless it gets kicked down to otc lol
loaded .1745(bid wouldnt fill,just jumped me)on the recent high buy vol.and big demand rise(usualy a sign insider knows something)yes i know delisting coming if they dont file/request/ect., why would new board members join up just to let it delist,worth a lotto ticket over the weekend for me,i think compliance news coming soon
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2709 N. Rolling Road
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Baltimore, MD 21244
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