Why are these still in my portfolio?! Haha.
after the Oops day they sure did keep NHCR right around the claimed buy~out of .0088
2012/06/28 0.0085 0.0089 0.0085 0.0089 1,588,057 0.0089
2012/06/27 0.0088 0.0090 0.0085 0.0085 3,609,627 0.0085
2012/06/26 0.0087 0.0090 0.0087 0.0088 4,391,030 0.0088
2012/06/25 0.0080 0.024 0.0070 0.0090 14,174,446 0.0090
A 10 bagger "error". And I use the word error lightly.
Judging by how quick they were ready to sell shares at .022, I would say it is no Mistake. Just plain old fraud.
Big Mistake. Maybe the SEC should look into this? They need to proof read their PR's before making a Huge Mistake Like this..IMO
Should be forced to pay the .088 he advertised.
Thats what I was thinking too
Yeah I was going to too after I caught it late but after I thought about it I was thinking the MM's would have walking it up days ago to maximize profits on their part. Shortly after, the guys starting talking about the type O "Criminal scam" that went out.
Man, what happened here? Another B/S buyout?
I almost pulled the trigger, but realized it was too good to be true. The stock would have been up a lot more before the news.
Maybe they still think it's 088 LOL.
This is horrible! Really for sorry for the honest investors who came pouring in to this BS stock based on a purposely posted BS pr. Mgmt for this company will rot in hell!!
It's out already, what a bunch of crooks...imo
I guess that makes it all better. Stinking crooks.
Ouch..feel bad for the folks who dove in on the incorrect news release. Seems like they did that on purpose to make a quick buck.
.0088, just called. Updated news release coming out shortly. There will be an additional distribution later on but inital is .0088. Total should equal out to .012
In the news release, "NHXS Sells Assets to Gateway EDI," issued earlier today by National Healthcare Exchange Services, Inc. (PINKSHEETS: NHCR), we are advised by the company that the figure in the second paragraph should be "$0.0088" rather than "$0.088" as originally issued. Complete corrected text follows.
NHXS Sells Assets to Gateway EDI
Adopts Plan of Liquidation and Dissolution
SACRAMENTO, CA -- June 25, 2012 -- NHXS (PINKSHEETS: NHCR) today announced that it has sold substantially all of the Company's assets to Gateway EDI, LLC for $8,206,000 of which $1,238,000 will be paid 18 months and $454,000 will be paid after 24 months after the close. The future payments may be subject to adjustment. The sale was completed on May 11, 2012. Gateway EDI is a wholly owned subsidiary of The TriZetto Group, Inc. GatewayEDI had been a licensee of NHXS solutions for more than two years and the acquisition was a good fit between the companies. "This was the right time to get the best return to the shareholders and give NHXS a strong strategic and capital partner to grow the service offering in the market," said Mark Rieger, CEO of NHXS.
In addition, the Company announced that in light of the sale of substantially all of the Company's assets, the Board of Directors has determined that it is in the best interests of the Company and its stockholders to liquidate and dissolve the Company. The Company's Board of Directors has unanimously approved a Plan of Liquidation and Dissolution of the Company which was approved by holders owning a majority of the Company's outstanding shares of common stock. The Company intends to dissolve effective June 29, 2012 at which time it will cease existence. Further, as a result of the sale of the assets of the Company, the Company intends to make a liquidating distribution of $0.0088 per share to shareholders of record as of the date of dissolution.
This press release includes "forward-looking statements." Such statements may include, but are not limited to, statements about payments that may be received in the future, the timing of when the Company will be dissolved, and the per share amount that may be distributed to shareholders. Such statements are based upon the current beliefs and expectations and are subject to risks and uncertainties including that the Company may discover unknown or incur unanticipated expenses and liabilities. Actual results may differ from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise
Mark W. Rieger
Wow, unreal. CEO huge POS.
Another typical penny stock CEO...imo
This doesn't even add up. Clearly this was an intentional fraud.
$8,206,000 of which $1,238,000 will be paid 18 months and $454,000 will be paid after 24 months after the close
Ceo should end up being bubbas bitch in a dark damp cell. IMO!
CEO lied this is not .088 a share it is .0088
Intentionally falsifying a pr of this magnitude to cash out is absolutely criminal!!
Over 180 grand of $$$ Volume into this based on a CEO's fuck up, not proof reading, get real!!!!!
Sorry for your loss. I warned you with my stupid post.GLTY
10M shares traded at an average of .014. You know damn well they made an easy $50K...for a lousy freakin, ahem, typo.
People like that need their legs busted.
I believe ya, so many crooks on both sides so I def wouldn't be surprised if someone says they called and got the opposite.
Some people are actually honest. I would believe the source that said they called.
i guess that could happen but I assure you I am not a liar. Call him yourself. He said they would be putting out a corrected pr so it will be obvious soon.
Yeah what a POS, he probably set that up for him and his buddies to such a little more cash out of the share holders before the turn over.
Go ahead and call...
So if I "called" too and verified .088, who would you believe? I bet someone else will "call" and say they verified .088 haha.
Except NHCR CEO saying buyout is for .0088 not .088. PR was a typo.
Reminds me of Awsr.
tell me about it... lost 50% ANTS profits here also in like 15 min.