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Looks like buyer left the building.
Generally no news is less favorable, especially on otc. Maybe an actual good news event is imminent. Biz has been stagnant for several years. A reverse merger with a company of value would be a best case scenario. Given the share structures, there's a lot of upside value on the acquisition. Just my take.
Yes, someone loading for no apparent reason. Bid just increased to 50K at $0.022.
It's a conundrum eh? Nothing is ever what it appears or expected. A real OTC shell and enigma..
Huge volume today. 411K. 4x 10 day avg.
Nice to see some action here...hopefully volume keeps up the next few days
Haven’t seen these prices since Oct 22.
Yep. Radio silence continues. Go figure.
Ask is at 0.03 for 50K lol.
Not sure but usually this action precedes an increase in outstanding and restricted shares. Given the last 3 year's of zero credibility and incompetence, I'm not placing any importance on this until credible news is released. To many false starts and games to add into dead monies.
Just my take.
Who’s buying 100K - 150K lots these last four days?
🚨 $NXGT
💰0.0180
Pink Current, AS: 125M, OS: 120M, US: 37M
Officer(s) Updated:
🔴 Paul Cristiano, CEO
🟢 Paul Cristiano, CEO, Company Secretary
Director(s) Updated:
🔴 Majid Pishyar, Non-Executive Chairman
🟢 Majid Pishyar, Director
🔴 Paul Cristiano, Vice Chairman
🟢 Paul Cristiano, Chairman
Chart, OTC Profile, Twitter, @otcupdates
That 140K bid at 0.014 is gone, too bad.
Maybe. Maybe not.
Something is coming….. I guess we will all find out together this year
Acquisition? Already dead per disclosure. Maybe something else in the works or more restricted allocations for services rendered. Best scenario is a reverse merger interest.
Once the acquisition gets closed, sky is limit. Low shares outstanding and an extremely low float
Why are we still here? lol.
Weird, nothing to show for. NXGT mystery stock.
Inside ownership continues without any ROI for shareholders. 3 years of questionable increase on restricted. Was there a proper sec filing??
https://www.otcmarkets.com/stock/NXGT/security
Long overdue catalyst and we're off.
More volume down here...would be nice if they put out something exciting this could fly
Late Friday share sells. OTC is on fire And management hibernation here. Maybe news catalyst soon?
OTC is on fire. Your think management would have a clue?? Lol..
Revenues are essentially flat so don't get all their verbage on dynamic growth and opportunities. Maybe they'll eventually find a revenue catalyst or acquisition. Not much credibility here but you never know eh?
Also their business description changed:
Nexteligent Holdings, Inc. is designed to acquire and consolidate health and wellness businesses that serve healthcare professionals and institutions with products and services that increase profit and operational efficiency. Despite delays, the Company is actively and diligently pursuing its growth strategy. Nexteligent is considered by management to be in its startup phase and manages a modest burn rate as it continues to develop its M&A platform. Through this period of development, and following the launch of Nexteligent in 2020, the Company has navigated industry disruptions, including the impact of COVID-19 and its impediment to business development. Nexteligent’s commitment to executing on its vision remains steadfast and is buttressed by adaptability and resilience to overcome challenges. In particular, the pandemic affected business development and associated projections for the Company’s revenue cycle management group PRMS. In response, Nexteligent has strategically repositioned PRMS to take advantage of its core competencies that remain strong and are central to the PRMS team, which is also now led by a new director of operations. This strategic repositioning enables PRMS to continue serving a core group of external clients and at the same time positions it as a dedicated in-house resource for future acquisitions in need of medical coding, billing, training, and collections.
Yeah the bozo regime opened up the flood gates for theft and Epstein financial shenanigans.
Take a look at FDCT. Popped but got a long way to go. Might help offset losses here.
As for here? Low share structures, and increasing insider ownership, the only positives I see.
And also the news: "the Board approved the appointment of Paul Cristiano, currently President and CEO of Nexteligent Holdings, Inc., as Chairman of the Board in place of Majid Pishyar who will remain as an independent member of the Company’s Board of Directors." I love this super random, nobody cares, no impact "we are doing" something messages from the management #smh This wasn't a good stock pick i guess in 2021 :D Where are the good old buyback/acquisitions/100M valuation times. But fingers crossed I still believe in after US elections move, hope you will vote well US!
10Q out. Nothing burger, no cheese.
https://www.otcmarkets.com/stock/NXGT/overview
OTC money inflows. Micro floats gaining good momo. News catalyst could well get this started. Hello management??
Haven't checked but sounds right. OTC heading up heating up. Hello corporate???
I think filings soon, it’s the time of the year for Q3 financials, no?
You'd think some news or filing was imminent? Bwdik.. A long ass time sucking the hind tit here..Sheesh.
Haven’t seen 2cc on the ask for a long time.
0.02 10K on the ask. Let’s gooo. lol
Inside restricted ownership allocation. Essentially giving themselves shares and increasing their percentage ownership. A raise? Self serving bonus? Essentially a larger payout on a reverse merger.
Some form of matched trading? Very strange.
And spread hasn't tightened. Strange indeed. I'm expecting another increase on outstanding and restricted, in same amounts.
The bid grew to 229,500 and we got another ask hit for 35K. Very odd considering lack of news.
Very weird trading volumes and spread. The wide gap is obviously to discourage buys. Appears there is 2 camps at opposite spectrum's. Only constant is radio silence from management. Sop..
Let's hope theirs substantive news releasing soon!
200K bid at 0.011.
Until they decide to run this it'll continue as sop. What a 3-4 year clown show eh?
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