Nexteligent Holdings Inc (NXGT)

[FIREMEDIC0001]

Maybe they are trying to get something going here

[BIOCHEMUP]

New filing: https://www.otcmarkets.com/otcapi/company/financial-report/367092/content

[BIOCHEMUP]

50MA is going to curle up from here first time in a long time if we keep gravitating in the high 1s. Took some time but got this hunch NXGT going to wake up like Lazarus. Future OTCQX stock. Great health care holding company. No fluff and no toxic convertibles. And what OTC stock can say they have Rockefeller Plaza 20th floor as their company address.

[BIOCHEMUP]

Someone gets it and is loading NXGT. We’re going to turn this around and have a come back. Healthcare orientated holding stock with the right amount of discipline to send us to QX some day.

[BIOCHEMUP]

When IMS closes I could see this pop to $0,03.

[2times2]

ans as soon as it happens the asks up to multiple cents will get erased within minutes...under the radar but with this SS and business profile and chart a no brainer

[BIOCHEMUP]

Good Morning. As has been released, we are in the final stages of the IMS process.
In our filings, we identify that we continue to work towards additional acquisitions, as part of our strategic growth strategy.

Thank you for your inquiry and we will release new updates, as soon as they materialize.

~ reply from Lou Sanzaro

[BIOCHEMUP]

Pharmacy services are historically recession-proof. As the Fed dials up the needle perhaps to the pain point, assets are going to rebalance toward the consumer staples and healthcare sectors.In the course of that allocation transition, the non-cyclical staples players that also have a strong tie to real and dynamic secular growth could potentially represent a recipe for dramatic outperformance.

NXGT going to outperform in the recession climate. We’re part of the healthcare sectors. Maybe we see another acquisition pop up in ‘23? Long term play here. Pretty sure the post COVID era had a negative influence on the M&A strategy deployed here. But the SS is nevertheless well managed with lots of inside ownership. I’m actually excited about the big strategic alliance IMS has in private insurance. Could open many doors. The joker card here is the wealthy Pishyar family still onboard.

[BIOCHEMUP]

Bottom in place and reversal of trend after a long long time. We'll see in a few weeks.

[2times2]

with volume, indeed! and easily more

[WHITTENHALLJR]

Grabbed some 157-8! $NXGT lives

[BIOCHEMUP]

This could be 0,03-0,05 in a heartbeat with 25K shares doing such jumps in PPS.

Say bye bye to your chance filling 00’s.

[EmptyBones]

welcome back. I added .012 and .015's... Very cheap.. This will run soon..

[WHITTENHALLJR]

Maybe I should get back in? Hum

[EmptyBones]

Hmm Did not know that.. Just researched Pishyar family which is worth 750 million...

[jump1]

It’s the patience and I mean patience, ??. Wait until 35m volume, we know what it did on little volume. Something is up.

[BIOCHEMUP]

Did anyone catch this from Twitter? Apparently 32Red (Pishyar family) has the same physical address as NXGT!

https://twitter.com/kemptrade/status/1638295696972582912/photo/2

So if PRMS fits into IMS, fits into 32 Group Holding LLC being "acquisition #3" / reverse merger making NXGT a global player in the long term? 32Group taken under the NXGT umbrella sounds logic if you think under the assumption we're going to be a OTCQX stock at some point.

[2times2]

multi-penny to a dime run very possible. Grab a stack, forget or wait patiently. SS preserved, revenues, filings, etc. = all nice

[BIOCHEMUP]

Thanks for your eye for detail. Let me add a synergistic food of thought here:

Over time, as these companies are integrated under the Nexteligent umbrella, there may be opportunities to optimize operations and increase efficiencies, which can lead to improved financial performance.

PRMS (ACQ #1) clicks into IMS (ACQ#2)

Because: PRMS is used to make more efficient the inner workings of IMS

Evidenced by:

Nexteligent can leverage their expertise and experience to improve the overall performance and value of the consolidated portfolio.

Which leads to:

IMS (ACQ #2) clicks into X (ACQ #3)

Evidenced by:

By combining the financials of multiple companies, Nexteligent can also potentially unlock new sources of value and growth.

New sources being: PRMS internal and external organizational services, DME products and a network constituting 70 private insurance companies and X


= = = REBUS PUZZLE UNLOCKED = = =


*** Acquistion three (ACQ #3) is still unknown for us shareholders which equals the necessary condition for OTCQX uplisting. Don't forget CFAW and the Pishyar family.

[MrSmith15]

PROFILE_CHANGE:
FROM: Nexteligent Holdings, Inc. is an investment holding company that acquires companies offering financial management solutions, process optimization, technology, and consulting designed to increase profit and efficiency for health and wellness providers. Nexteligent was formally launched in 2019 and is headquartered in New York, NY.
TO: Nexteligent Holdings, Inc. specializes in acquiring and consolidating health and wellness businesses to create a diverse portfolio. The goal of this strategy is to hedge against market conditions and individual company or channel performance, as well as to provide acquired companies with new tools, resources and cross selling opportunities to accelerate their success. By acquiring a variety of health and wellness businesses, Nexteligent Holdings, Inc. can spread its risk across multiple sectors and channels, which can help to mitigate the impact of any downturns or challenges in a specific area. Additionally, by bringing on board the executive teams of acquired companies, Nexteligent can leverage their expertise and experience to improve the overall performance and value of the consolidated portfolio. Over time, as these companies are integrated under the Nexteligent umbrella, there may be opportunities to optimize operations and increase efficiencies, which can lead to improved financial performance. By combining the financials of multiple companies, Nexteligent can also potentially unlock new sources of value and growth. Overall, Nexteligent Holdings, Inc.'s strategy of acquiring and consolidating diverse health and wellness businesses is aimed at creating a more resilient, profitable, and valuable portfolio. The acquisition of Professional Revenue Management Services (PRMS) in Q4 2021 provided Nexteligent with a Revenue Cycle Management platform.
1 day, 4 hours ago

[BIOCHEMUP]

This sentence from the PR from 12/07 still sticks for me, https://www.otcmarkets.com/stock/NXGT/news/Nexteligent-Appoints-Independent-Director?id=383068

He will support Nexteligent’s growth initiatives, including up listing to the OTCQX, which requires the formation of an independent audit committee

Sounds to me they are working diligently towards OTQX uplisting in the future. Fact they mentioned it again tells you something IMHO.

They are building a company with the acquisitions resembling different subsidiaries that add and build synergistic value.

[FIREMEDIC0001]

At least they are still filling...hopefully they will get a deal done

[BIOCHEMUP]

Nothing new on the horizon, still, NXGT is in regards to - posting financials on time - a well managed stock.

On March 8, 2023 Nexteligent posted on OTC Markets an update on its acquisition of IMS Experts LLC noting “Our commitment to this acquisition remains unwavering. We believe that the acquisition will be beneficial to our company and our shareholders, and we are doing everything in our power to ensure its successful completion.”

Long-term play here, not for the impatient. There's a long term vision at play here, jmo.

[MrSmith15]

Annual Report - Nexteligent 2022 Annual Report

[MrSmith15]

Outstanding Shares: 101.1 million -> 102.1 million (1% DILUTION)
Restricted Shares: 63.6 million -> 64.6 million (2% DILUTION)

Another one today. They are probably arguing with each other how many millions they want (after RM?) and after each dispute they just increase restricted with another 1M so everybody inside will be happy. I guess this is a positive thing, and that they believe that company will be a success. Fingers xxed.

[MrSmith15]

Almost 100$ volume 3 days in a row :fire: Looking forward to annual report, just re-reading the last QF from Sep. I really hope the annual will be also 15min. work copy/paste, based on the same "Microsoft Word - a Nexteligent Redline OTC Pink Disclosure Statement for 06.30.2022[3].docx" as the last two QF, with date replace and nothing else. NXGT team don't forget to change in "Acquisition Growth Strategy" the "As of this Q2 2022 filing" to "As of this annual filing" because you forgot that in this one, i guess it should be Q3 not Q2 (this is an honest advice so it won't look amateurish?). Anyway, just trying to keep the conversation up :)

[urge2surge]

Won't find me arguing for quality fiduciaries here. Just pointing out what I'm seeing in terms of share allocations.
The upside is a higher percentage of ownership/return, in the event of a reverse merger. Is it legal? Not sure.
Corporate communication's credibility? Zero.
Where this goes? No clue.

[MrSmith15]

What is the point of increasing them every few days by smaller size, why not do it "all at once"? This looks to me like pretending "doing something" while doing nothing. 100M in acquisitions by end 2022, OTCQX, Buybacks, better communication with shareholders, ... I mean c'mon.

Outstanding Shares: 100.1 million -> 101.1 million (1% DILUTION) - 16 hours ago
Restricted Shares: 62.6 million -> 63.6 million (2% DILUTION) - 16 hours ago
Outstanding Shares: 96.9 million -> 100.1 million (3% DILUTION) - 2 days, 16 hours ago
Restricted Shares: 59.4 million -> 62.6 million (5% DILUTION) - 2 days, 16 hours ago
Outstanding Shares: 73.9 million -> 96.9 million (31% DILUTION) - 3 weeks, 1 day ago
Restricted Shares: 36.4 million -> 59.4 million (63% DILUTION) - 3 weeks, 1 day ago

[urge2surge]

Outstanding increased an additional 1 million shares on restricted insider shares. Insider percentages continue to increase.

https://www.otcmarkets.com/stock/NXGT/security

[flipnrips]

Why not a run to over a dollar? With this SS and the right news you never know

[BIOCHEMUP]

Atleast what we are experiencing is, when this stock gets it's *** together it sling back to 3cc - 5cc easily.

[gains4us]

Preserved Ss, revenues, monster spikes for years.
5 to 20x THIS year IMO

[2times2]

fantastic fundamentals and SS here...10x just a matter of time

[urge2surge]

Last two months increases have been on restricted. Essentially increasing the percentage of the inside owners. If they are brought to market then they'll be dillutive to shareholder market value.
They're essentially fattening up their own calf...

[MrSmith15]

Outstanding Shares: 96.9 million -> 100.1 million (3% DILUTION)
16 hours ago

Restricted Shares: 59.4 million -> 62.6 million (5% DILUTION)
16 hours ago

[urge2surge]

So the deal is most likely dead. Never thought it would fly given the substance of the deal and dilution. But now inside ownership added 25 million to their restricted, a large percentage IMO.
Another cryptic set up? Setting themselves up for a reverse merger? A lot of questions therein but I doubt anyone can get any legit answers from corporate.

[urge2surge]

They're better off passing and preserving the shares. A better path would be a RM, but they probably missed any interests they had? Sometimes it's best to just sit on hands. It's a decent share structure at present. Why blow it on a big fat nothing burger?

[MrSmith15]

New disclosure: Supplemental Information - Acquisition Update to Nexteligent Shareholders. This company looks like it's working only weekends once a month at best. No change whatsoever for 2 years. Impossible.

[EmptyBones]

DUMB & DUMBER lol.... Yep

[urge2surge]

All my critical posts are so far batting a thousand. The rest is history. Probably should change their trading symbol..DUMB & ARSE are both available..

[EmptyBones]

The company stock has hit it's 3 yr low. Hope it rebounds quickly before it hits .005.. The bad thing is they are losing market makers...

[urge2surge]

Fwiw the restricted increase was a positive. Greater percentage on a reverse merger, should they engage. That's been their best avenue from the start IMO.

[EmptyBones]

Obviously the owners of this company are doing nothing. Stock is heading towards 00's. They need to sell company and go get a real job (:

[urge2surge]

20 million increase on the restricted shares. EOM

https://www.otcmarkets.com/stock/NXGT/security

[2times2]

Authorized Shares 125,000,000 02/15/2023
Outstanding Shares 73,937,469 02/15/2023
Restricted 36,406,813 02/15/2023
Unrestricted 37,530,656 02/15/2023

[BIOCHEMUP]

Who knows, Ella Lilly might buy up NXGT for some Leprazamin.

[jump1]

I agree. Patience is needed in this one. Have a good day.

[FIREMEDIC0001]

Looks like they are still planning to uplist

[FIREMEDIC0001]

Nexteligent Holdings, Inc. announced today the appointment of Thomas Papini as an independent Director to fill the vacancy for the sixth seat on the Company’s Board of Directors. The appointment expands the Nexteligent Board from three to four independent Directors. Mr. Papini has over 35 years of experience as a finance executive at both leading corporations and startups, including National Health Promotion Associates, the American Broadcasting Company (ABC), and Make-A-Wish Foundation. He will support Nexteligent’s growth initiatives, including up listing to the OTCQX, which requires the formation of an independent audit committee. Additionally, Mr. Papini will support Nexteligent’s future acquisition process following its planned acquisition of IMS Experts, a national provider of Durable Medical Equipment that will join Nexteligent’s existing Revenue Cycle Management operations.

[jump1]

About 11 million shares traded from 1/1/2022 to 1/18/2023.