Cuentas Inc (CUEN)

[Femto99]

Shorters are betting on that http://volumebot.com/?s=nxgh

[bransteff]

At this rate they will need the full 300x1

[Femto99]

I thought the new shares are for acquisition, they probably will not hit the market in soon future. I would say the current price reaction is to the 1:100 or 1:300 RS, it is quite steep. But the >50m revenue from 2017 is also quite astonishing for a penny stock.
We just do not know when the RS will be completely phased in.

In March 2018, NGH entered into a Letter of Intent (LOI) with Cima Group (Cima), a global digital solutions provider and integrator, to acquire technology platforms from Cima's subsidiary companies Auris and Knetik, in exchange for a 25 percent equity stake in NGH based on a 50 Million Dollar valuation. We believe we have developed a leaner, more effective leadership and operational team with strong experiences in having successfully built software services and connection platforms. This will result in value creation for shareholders. We have streamlined our operations and processes and have seen the net positive effects throughout 2017.

[bransteff]

I agree, only problem is that with the last PR stating that money is coming in based on a much higher valuation, when valuation as of the PR was 1-10th of the stated valuation, after reverse can be interpreted that after reverse millions of new shares will be issued to new investors to land the company at stipulated valuation, in essence wiping everyone out.. hence the constant never-ending selling pressure. I for one got wiped out.
I think after reverse and fresh shares issued its a screaming buy.. I think she goes much lower before that however, unfortunately:(((((

[Femto99]

If the company is doing what they said in the PR, it should be a easy 10x

[Femto99]

Seems to me all the filings are up to date.

[Femto99]

Interesting.

[Big bucks]

http://www.hotstocked.com/article/91613/investors-haven-t-forgotten-santo-mining-corp.html

[Big bucks]

lol...wonder how this is going... suppose they quit and stop pursuing.....lol


http://m.marketwired.com/press-release/santo-mining-purchases-initial-crypto-currency-mining-systems-otc-sanp-2238007.htm



....

[Big bucks]

Read this article folks...it's .....low and behold cigars.....business in China......lol...seems like this business failed quic kly..or just an attempt to hype........


http://m.marketwired.com/press-release/santo-mining-announces-500000-usd-retail-order-from-duty-free-shop-diplomatic-mission-otc-pink-sanp-2168186.htm


..

[Big bucks]

[more failed business info..link!!!


https://investorshub.advfn.com/boards/Profile.aspx?user=225758



..

[Big bucks]

TA gagged still no weekly updates...Financials still not current.... .....read from nancial that are posted folks..... unbelievable dilutions and notes.....Holly christ

[Big bucks]

[MORE DUE DILIGENCE FOLKS...SCARY STUFF GOING ON


http://www.hotstocked.com/article/91613/investors-haven-t-forgotten-santo-mining-corp.html

[Big bucks]

seems like every business entity involved there's a failure or a problem
...it's beyond amazing to see some of this info out there on the WWW

https://www.accesswire.com/473147/PODWERKS-Completion-of-Delivery-of-Two-Podwerks-P40-Units-and-Business-Update-for-Second-Quarter-of-2017
...

[Arthur]

"Florida Bank of Fraud" seems wrong, ought to be "The Bancorp Bank".

And they're a Visa prepaid card, anyhow.

[DrContango]

The Cuentas card is a NextCala card. The Cuentas.com "Get a Card" button leads to the NextCala website.

Is my old NextCala card still valid???




Doc

[Big bucks]

Really folks....lol...anyone tell me how much revenue has been generated from this......ohhhhmy!!!!

http://m.marketwired.com/press-release/santo-mining-purchases-initial-crypto-currency-mining-systems-otc-sanp-2238007.htm




.

[Big bucks]

Another press release on how the revenue is ready....lol...all you have to do folks...is skim through the financials and compare to what he says in the Press releases and you can see quickly ..the BS.....lol...
You gotta love the select few trying to keep a positive spin on this company....hehe....truly is Geting funnier with every PR I'm finding

https://insiderfinancial.com/santo-mining-corp-otcmktssanp-climbing-up-the-charts

[Big bucks]

Let see...60,000 wallets at a retail of $59... ..and no marketing and one distribution channel....how many sold in two weeks folks....2? Lol...

But...but....but....it's a Bitcoin wallet...Holly Christ...this crap is funny...

[Big bucks]

Tell me again folks... When is the attorney letter coming
..lol....when is stop sending an coming down? Anyone who buys this crap based in a stop sign coming down and an attorney letter needs a brain x-ray
....

One more ? Lol

Why is TA gagged?

Whooooops.....shhhhhhhh
No one needs to know the number of diluted shares....lol

Get ready for the reverse split folks

[Big bucks]

look what else I found folks....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=117382899

[Arthur]

The Cuentas card is a NextCala card. The Cuentas.com "Get a Card" button leads to the NextCala website.

https://www.nextcala.com/fees.html

There are plenty of fees:

$5.95 Card activation fee
$3.95 Monthly fee

$1.95 fee for withdrawals
$1.00 for a balance inquiry

$3.95 for reloading cash into your card

$9.95 fee for closing your account.

The NEXTCALA Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and can be used wherever Visa debit cards are accepted. The Bancorp Bank Member FDIC. The NEXTCALA Prepaid Card is distributed and serviced by InComm Financial Services, Inc., which is licensed as a Money Transmitter by the New York State Department of Financial Services.

[Arthur]

Not sure if the Cuentas prepaid card is already launched, or still to be launched Real Soon Now.

Not sure if it is basically the same as the NextCala prepaid card.
The Next Cala card seems to be an "affinity" Visa card.

[Arthur]

I added it.

[vp_007_99]

Just checked again...the red line is not in the PR.

[vp_007_99]

Interesting that that red line was not in the PR I read. Did you just add it or did they do a correction?

[Arthur]

To orchestrate the new phase of growth and opportunity, NGH's Board of Directors has unanimously voted to change the company's name to Cuentas Inc. due to the upcoming launch by us of the "Cuentas" brand of products and services. The name Cuentas and associated FinTech product branding provide an invitation and connection to Spanish speaking communities. "Cuentas" in Spanish means "Accounts". The official company's website is www.cuentas.com.

With Cuentas prepaid debit cards it's easy to shop online, pay bills and make everyday purchases. There is no upfront fee or credit check to order a card online, and no minimum balance required. Your money is protected against unauthorized transactions. You can manage your account online and track your spending 24/7 with our mobile app.

The company is expecting to reach 1 million customers during 2019 which would bring the total revenue for the group to $200 Million dollars.

An application has been submitted to FINRA to issue a new symbol along with a reverse share split to allow NXGH to meet the requirement to up list to NASDAQ.

[vp_007_99]

LOL, from the PR...

NGH is currently anticipating capital raises, aggregating approximately $6-10 million based on NGH's valuation of 50 million dollars. In other words "we will start toxic financing".

In addition, the capital raise will increase our shareholders' equity and is planned to result in meeting certain financial criteria for the Company'sup listing to NASDAQ. In other words " we will reverse split"

[DCALongRun]

Got rid of my shares. At least I can have a loss to claim against my gains this year in other stocks lol.

[jindra]

Back to .009

[Arthur]

NXGH has been issuing shares for debt for a long time.

They're probably still diluting their own stock, before the R/S, and worse, after the R/S too.

There's one thing they're not doing, is turning up a profit from Operations.

[LevG]

Who's dumping stock so low? There seems to be a lot of low priced trading going on.

It can't be these guys dumping their own stock?

[Arthur]

a reverse split of Common Stock ranging between 1:100 and 1:300, as determined by the Board

[bransteff]

Someone bought all the panic sellers lose shares.. I added today at .025.
Looks very clean now. Any follow through tomorrow?

[LevG]

This is basically a panic sell off due to the latest filings.

Why are they writing a blank cheque of $50m in new shares? As collateral for something?

[Arthur]

With penny stocks, reverse splits are always harmful to shareholders.

Because the company keeps issuing dilutive shares after the R/S, which are 100 times more dilutive than before the R/S. The equity of the previous crop of shareholders gets wiped into oblivion.

[bransteff]

Yup

[LevG]

Complete BLOODBATH!!!!

[bransteff]

Read the filling carefully, there might not be a reverse split. It depends on the price of the stock. If the stock is higher they may or may not need to do the rs.. or it maybe less.. nonetheless, something much larger than meets the eye seems to be at play here, reading between the lines imo.

Go $NXGH$

[bransteff]

I hear you.. you never know... a reverse split can be a disaster or great. We've all certainly seen both extremes, lol
Hoping for the best! Bsd

[jozeph]

Revenue numbers looking good however I’m worried about their potential debt offering, dilution and reverse split, maybe not the right time to jump in, not sure...

[bransteff]

Extremely thin, trading very differently and now a completely different company! I saw POTN stuck from .05 to .07 for monthssss on end and without notice in a few weeks popped on massive volume to .92
NXGH has much less stock out with much more in top and bottom line income!!
I think the same will play out here... I feel by the way it's been trading it may take off suddenly without warning and make incredible new highs! All my own opinion

[bransteff]

Bingo!! I was thinking the same thing! I think this was the laat chance below .03

[LevG]

The volume of ASK orders at lower prices is starting to decrease.

Could this be the end of sell off?

[bransteff]

Charts, for the most part, when a company is performing, and also sometimes when a company is a dog, typically charts are pretty accurate as an indicator of what's going on with the PPS and pretty predictable ... i feel we're super close a major upside breakout ??

[LevG]

I hope you're right!!!

There's at least another 100k shares available at 3.2c and below. There could be millions more to be sold off.

[bransteff]

"Looks" looks like they're shaking the last of the week nervous nellies out imo.
I think it's about to breakout to new highs imminently imo

[LevG]

Looks like a bloodbath!

[bransteff]

Last shaking of the tree before next leg up! New company, with new amazing huge upside = New major up turn in the PPS.l coming imo all in due time!
Target = .25 to .50 within 90 days, again IMO. Based on where the company is now and growth potential and market correcting to the upside taking account of the current fundamentals the company how has. Any comments??
$NXGH$

[bransteff]

I think it will gradually start to trade better and better and upwards from here as more of the street starts to see the new image and reality of where NXGH is today and where it should be based on the significantly improved balance sheet and fundamentals of the company, imo