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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
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
Dirty management killed this one. 2021 they made 11MM in revenue and gifted themselves 30MM. Stock tanks, reverse split to relist and secondary offering, then tanks, board quits and walks away, now delist after 9 months on NASDAQ, more dilution. They'll end up taking it private and wipe shareholders out for good. They'll make money as a private company just because they can.
CNXA not going anywhere except a trade with risk.
The CNXA play for .50 will take time.
Watch if CNXA catches a train for a few weeks.
Money is flowing and searching for hidden off radar cos.
Recent runner no less.
mb
Monster? It was a 1 day pump. In fact it was a couple hour pump.
Ouchy
Looks like a pump and dump. Ouch
HOT KEYS ...don't fail me now $$$$$$ Happy trading to all. I'm finish here and done for today.
So glad I spent years of trading in the OTC , Easy to catch these . I have to do the warrior trading style on them. I'm wondering if getting lightspeed platform again,would be worth the money on this new Trend?? https://my.lightspeedpos.com/login
No more 100%profits on the double digit stocks....looks like the New OTC
Now I go to the bottom of my scanner and your here also.
WOW,
your not "making it easy" !!!
$CNXA : This could be following $ELYS today...........
Also involved in Sports bettting like $ELYS
https://www.connexasports.com/
Now at 0.31
Watching it here
GO $CNXA
They got until next year to become compliant and they can extend another 180 days after that if they don't, no need for a R/S any time soon.
Market Cap only $4 Mil as of now, with a 52 week low of $0.21, very undervalued. Time to buy.
On October 10, 2022, Connexa Sports Technologies Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s common stock is subject to potential delisting from Nasdaq because, for a period of 30 consecutive business days, the bid price of the Company’s common stock has closed below the minimum $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”).
The Nasdaq notice indicated that, in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company will be provided 180 calendar days, or until April 10, 2023, to regain compliance. If, at any time before April 10, 2023, the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, Nasdaq staff will provide written notification that the Company has achieved compliance with the Bid Price Rule.
If the Company fails to regain compliance with the Bid Price Rule before April 10, 2023, the Company may be eligible for an additional 180-calendar day compliance period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. In the event the Company is not eligible for the second grace period, Nasdaq will provide written notice that the Company’s common stock is subject to delisting. If the Company is notified by Nasdaq that its securities will be subject to delisting, the Company may appeal the delisting determination and request a hearing before the Nasdaq Hearings Panel (the “Panel”). If the request for a Panel is timely made, any further suspension or delisting action would be stayed pending the conclusion of the hearing process and expiration of any extension that may be granted by the Panel.
There can be no assurance that the Company will be successful in its efforts to maintain its Nasdaq listing. If the Company’s common stock ceases to be listed for trading on the Nasdaq Capital Market, the Company would expect that its common stock would be traded on one of the three tiered marketplaces of the OTC Markets Group. The Company intends to closely monitor the closing bid price of its common stock and consider all available options to remedy the bid price deficiency to regain compliance with the Bid Price Rule.
They're trading at 0.195 pre-split and telling us they're inhancing shareholder value! Crooks.
CNXA moved to the Nasdaq from the OTC:
https://otce.finra.org/otce/dailyList?viewType=Deletions
CNXA: one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
$CNXA: IPOing today
https://www.connexasports.com/investor-relations/
GO $CNXA
Slinger Bag Inc., SLBG, changed to Connexa Sports Technologies Inc., CNXA:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
I can't wait for someone else to buy this stock! We'll have the greatest conversations ever about Slinger Bag! It's gonna happen one day, I just know it!
8-k filed. Slinger Bag bought this company:
http://ih.advfn.com/stock-market/USOTC/slinger-bag-qb-SLBG/stock-price
for a million shares and future incentives. This will be their entrance into the web-based part of the business.
Anyone care? Anyone? LOL!
Somebody buy Slingbag so I have someone to talk to!
This is one to buy. $3.45 at the time of this post. Executives all former big wigs for Dunlop, Prince, etc. Well connected and cool product. $250MM in deals over the next 5 years and under $100MM market cap right now. No brainer.
Slinger Bag Inc (QB) (SLBG)
2.55 ? 0.17 (7.14%)
Volume: 20,584 @02/19/21 3:49:58 PM EST
Bid Ask Day's Range
2.31 2.93 2.25 - 2.69
SLBG Detailed Quote
The presentation was really good, opened my eyes more to who they are and what they are trying to do.
I'm wondering about valuation. What PS makes sense at this stage? According to this site below a PS of about 6 is used for entertainment, about 6 again is used for healthcare products, but less than 1 for general retail.
So if we use say a PS of 4, and revenues for the year ending in April are around the $11m as stated, that would be a market cap of around $45m, or a price of around $1.50, so based on that model the price is already too high.
Maybe a PS of 4 is way off though...and if they can turn a profit then PE ratios will start to be used for a different calculation.
And with the float being small it may be that valuation calculations become less meaninful.
Would appreciate any thoughts by the board on this.
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html
Very quiet on here, this stock is rolling on much larger than normal volume.
Yes they have debt but the product is a game changer for the tennis world especially with the pandemic and what the post pandemic world will look like.
The uplisting to OTCQB and upcoming product pipeline is very promising too. This stock price wont stay still
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