[JMCK6193]

Rise up baby

[staypuff]

Shareholders can still be a part of the company or have some type of tie back to the company.

[Flaker]

Really, I have already been transparent that I'm a shareholder of both companies and lost money on both - but I also have been clear, that I find it amusing to engage with all these "smart" investors.

[staypuff]

It’s about letting the price die after another reverse split so they can buy the hole company for basically nothing. Then they own the entire thing knowing it’s worth many times over. They grow it more in the own then sell it and make a fortune. You seem to be very close to the company so what is your relationship with nextplat and chucky and the gang. You are very big on defending the company that has basically done nothing to enhance shareholder wealth for either company.

[Flaker]

Really, you actually think Charlie and Barretto and even Frost, wants to see their investments shrink even more? They have already put like $20 million into the companies.

[staypuff]

Personally I think and hope you are right as that is more in line with his history. However his actions over the past two years leaves plenty of room for doubt as nothing has been done to enhance either company

[Bearslayer]

It isn’t as easy to raise capital for expansion when your not public. Then your payback is in terms. It’s easier to print shares as it doesn’t cost you anything but dilution. I don’t believe that is the route they are going. He wants to build it up and sell the whole thing. That’s what these pigs do.
It’s possible GTC is spun off somehow as I know a lot about the company and it’s creator Phipps. I think he would be happy to ride into the sunset with his company. But that’s just my personal opinion and nothing I was told.
Guess we will see as things start to transpire.

[vp_007_99]

It won't happen without a class action. I have a lawyer waiting to see what happens in the next month.

[staypuff]

So in theory then if there was any legitimacy to the one post a few weeks ago they could do the merger, sometime there after reverse split it, then give no meaningful news or updates for how ever long it takes to let the price die like with Rxmd then they could vote to buy us all out for nothing and thereby steal both companies.

[JMCK6193]

Yep

[staypuff]

I haven’t really spent anytime looking at nextplat but does Fernando own a majority her like with RXMD?

[garrox]

NextPlat up 23% this past week.

[Turbomunkey]

Was that Arman throwing one of those Thanksgiving turkeys at an RXMD shareholder?

[JMCK6193]

Lol

[Bearslayer]

https://media4.giphy.com/media/8maQUL5HiZbYLeMqXl/giphy.gif?cid=6c09b952jyrp33w145kvcg35crkmth8g2pn2rvt69e5gtgt6&ep=v1_internal_gif_by_id&rid=giphy.gif&ct=g

[JMCK6193]

Hell to the No way!!!!

[Turbomunkey]

Vote for pedro

[colorfullife88200]

Vote yes and up big ! Load up the truck and wait for $$$ !

[CaptHowdy]

70k of short interest volume over the past two days. Price dropped after hours & some still need to cover.

Likely heading south towards a buck again this week.

[Turbomunkey]

We will see what happens

[CaptHowdy]

That's exactly what I plan to do, I picked up 5k shares at 99 cents last week when we had 5m in volume. Easy flippin, easy money!! 🤑🤑

[JMCK6193]

Bingo

[Jagman5]

Also I expect $NXPL to spike once it is announced that the merger is completed. Good opportunity to flip for a profit.

$NXPL

[Turbomunkey]

People who wisely waited are now jumping in, since we have a major event coming shortly.

[gmatthew]

NextPlat reports 474% increase in consolidated Q2 revenues to $17M & record 34.2% quarterly margins; $70Million in 2024 Annual Revenues
Expected; Additional healthcare services
contracts & e-commerce expansion expected to drive continued growth supported by approximately $24.9M in cash.

[macmaint]

Something is stoking the fire

[Bass9588]

Let’s keep this train running in this direction like we all know it should be!

[James salmon]

https://d1io3yog0oux5.cloudfront.net/_37df46332f6768f16e9ef959b67e7d5e/nextplat/db/298/2606/pdf/NextPlat+Corporate+Introduction+-+August+2024+Updated.pdf

[Flaker]

I think you're wrong..there have been multiple write downs on NXPL due to fall in RXMD's stock price.

[James salmon]

Flaker, been an RXMD stock holder for sometime. I do believe that there has been some accounting adjustments that have probably been favourable for NXPL to keep RXMD stock price low. I also believe that much of this we will not see going forward after merger and we will see a healthy profitable NXPL.

The point I have been saying over the past few months is that NXPL is getting a steal of a deal for RXMD and in turn once merger is complete we should see the share price correct to fair market value. Now where that is I am not sure, but I know it’s way higher than share price is now. I mean the business side is doing extremely well, especially RXMD and I believe we will start to see it’s true colours be recognized as soon as merger is done.

[Flaker]

"doing well" - you mean besides the millions in write-downs and impairment charges...I guess "doing well" means something else.

[Cabinmoney]

It’s doesn’t mean anything at all if the plan is to reverse split. When that happens we’re meaningless.

[James salmon]

I agree with you that communication has been very poor. You do have to agree though that if poor communication was done in order to keep RXMD low so they could buy remaining company at lowest possible cost, then NXPL is getting itself a steal of a deal which will reverse shareholder price as soon as they start communicating and RXMD is fully integrated into NXPL.

I mean take NXPL market cap and add that to 50% of RXMD market cap and that’s under 24 million which is what they have in cash and cash is growing.

Currently management can say pretty much nothing, they can purchase shares in either company until merger is complete. I fully expect them to act as soon as merger is done. They could buy up all the float and more if they wanted, company has the cash. I have urged NXPL to consider a share buyback as soon as merger is done.

[CaptHowdy]

Agreed, the business (RXMD) itself is doing well. However, his poor leadership and lack of effective communication has dropped RXMD share value by 75% and NXPL by 64% since last year.

That's just awful for someone who claimed to be the "Wizard of M & A" His past successes have not been reflected on this deal with RXMD. imo

[Flaker]

"RXMD became Fernandez's sacrificial lamb to save NXPL from being delisted or needing a reverse split to remain NASDAQ compliant. I suspected this months ago and now it does appear to be the reality. 🤔"

LOL..I see you're still spouting this utter nonsense/word salad - I ask again..please explain this logic to me (pretend you have more than a 5th grade level of education please)...I will keep waiting.

[James salmon]

Take away share price and lack of communication, please explain what he has done to RXMD business to hose shareholders. Surely best results ever have to mean something.

[CaptHowdy]

FYI: Aggregate Short Volume yesterday was 874k, approx 20% of the days trade volume. That is the highest number I have seen all year for NXPL.

Fernandez has hosed both RXMD and NXPL shareholders big time.

[CaptHowdy]

Looking like NXPL is going to close just shy of a buck in after hours trading.

Gather the prayer circle Fernandez!! 🙏

My suspicion is that he probably knew delisting was probable, based on how NXPL has been trading in 2024; hence why I believe he denied renewing Armen's contract and stole RXMD for a fraction of its true market value.

RXMD became Fernandez's sacrificial lamb to save NXPL from being delisted or needing a reverse split to remain NASDAQ compliant. I suspected this months ago and now it does appear to be the reality. 🤔

[JMCK6193]

https://www.linkedin.com/posts/activity-7229458608688631808-Otcl?utm_source=share&utm_medium=member_android

[CaptHowdy]

I suspect there was a lot of short buying on this morning's 30% pop. A new 52 week low has printed under $1.00

Curious to see what short interest report will look after closing bell today. 🤔 The sharp rise followed by the crash back down to previous day's closing price leads me to believe it was a typical short buying and selling scenario.

[James salmon]

Some are really working hard this morning, shame as there were some really good points in the PR this morning that they just don’t want to talk about.

[CaptHowdy]

YIKES, in regards to the PM. Fernandez has absolutely no integrity.... and has failed to meet his fiduciary duties as CEO.

Hope an RXMD class action gains some momentum. I'm on board when it does.

Now we know why there hasn't been any earnings conference calls under his leadership; he wouldn't have had a valid answer to the difficult questions many shareholders would have submitted.

[CaptHowdy]

Fernandez praying it stays above $1.00 prior to merger, otherwise NASDAQ compliance department will come a knocking soon.

The higher the PPS becomes here, the more he has to pay to RXMD stakeholders for each share when the merger happens.

Seems too ironic to me that RXMD and NXPL have been trading near that 1.48 conversion ratio since the S4 was filed. One has to wonder whose manipulating the PPS to keep it in that range.... could the MMs be holding it steady? 🤔 Odd behavior IMO

[JMCK6193]

Wow almost back to where it started. SMH

[CaptHowdy]

Fernandez playing the "smoke and mirrors" card, Gedi. The only reason they can report an increase in revenues of 474% is because 90% of that number is the $13.5m from RXMD operations. I'm sure folks realize its not soley based on NXPLs performance.

NXPL only reported $3.5m for the quarter, that's not so great actually. Looks like the PPS is back down to $1.10 now. However, that volume is unprecedented for NXPL.

[gedi8]

Premarket - NXPL up 30% over 1.6 million shares traded. 10Q out.

[Nickmike]

Does NXPL plan to do a reverse split after the merger?

[gedi8]

I don’t disagree with you