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People better start hitting ask or this will be in 00's very soon.
Meh I feel like unloading this bag, but probably will stick around because of the SS and fact the financials are well managed and up to date. Why are they so secretive here, and then that bogus acquisition.
I only just noticed that in the last filling there are 0 (zero) mentions of "IMS Experts LLC" or anything related to any acquisition at all :facepalm: OMFG this was really a 3-year $hitshow. In-My-Humble-Opinion.
When I looked at the speculative buy, I was not impressed at all. The price and entity were and are a bloated pig. Since that announcement, restricted shares have increased. A reverse merger of value, is the real play here.
Obviously their update 1 yr ago was a trap to get people in as they were selling.. No deal imo... This thing will trade in 00's soon... Hope in trading otc is wishful thinking.. Alot of us got taken...
Did anyone try to write https://www.imsexperts.net/ if they really are in any kind of acquisition phase or something. Not sure if it is OK, but if they are as stated in the fillings, they should not have a problem to answer that. Especially to future shareholders. Just thinking out loud.
That's a low cost average. Given the back door corporate gifts, increasing their percentage of ownership, I'd hold on until you need the monies. Despite zero credibility, there's still a good share structures here that should warrant a premium on a RM. Why else increase the restrictive?
Just my take..
I think your right.. I believed them updates company put out... But over time it wasn't looking good.... I'm stuck in this average .03. I will be dumping it soon even to take a loss.
The acquisition was always bull. This is and has never been anything but a reverse merger play. The restricted has and will continue to climb, as it is a direct increase in ownership percentages. Charts in my opinion aren't critical nor corporate communications. The only thing that matters here is share structures and interested suitor. If and when a reverse merger takes place, valuation will be based on acquiring metrics.
Interesting that the restricted share count goes up again.
Corporate will probably allocate the remaining authorized shares to restricted. Current inside ownership is 70% ballpark. Whose the rm partner/ acquirer? What's the price point/ market cap? Only took them 3+ years to initiate...lol..
Ownership increased additional 5 million. Questionable tactics but bullish. Shares are restricted and a continuation of increased insider ownership. Believe the acquisition was used as a Trojan to increase authorized but ultimately adding to restricted. Favors a reverse merger windfall for corporate. The merger was and is a dillutive quagmire. But hey...whatever gets you there gets us there..
https://www.otcmarkets.com/stock/NXGT/security
They are doing $hit with a side of diluting:
Outstanding Shares: 102.1 million -> 107.4 million (5% DILUTION)
18 hours ago
Restricted Shares: 64.6 million -> 69.9 million (8% DILUTION)
18 hours ago
1 yr to close a deal... My guess it is dead... Sell paper to make money now.
Wonder what’s the holdup with the acquisition of the company they talked about, falling through or just a delay in the acquisition process?
Chart means poop, right now! IMO. Float same. If you need the money sell that is what the impatient did Friday. I wasn’t hoping to get 100,000 more at .0111. I want some .00 I hope they say nothing until around September. Company is selling 0000000 shares retail is amusing though. Looks like their is a little money trying to make something happen. You will know when it’s go time! Good luck and have a blessed day.
Not that much, we’re sitting in this channel 0.012 - 0.017 for a while now.
NXGT .012, nice 185k dump
You just want shares, lol.
ALERT!!! $NXGT has fallen below the 50 day MA... That means people are onto the owners scamming them imo
No idea what’s happening at NXGT. According to the last update they still rounding up on that acquisition. Chart and SS looks good though.
According to filings deal was suppose to be done 6 months ago... Did they shut the doors...
Yep me too... SS to low to get out now..
I’ll wait it out …. Eventually something will happen here
10-Q released. Nothing new under the hood.
Completely depends on mgt imo we’ll see
I’d like to see this make a run up through a dime. Still low OS. Could be a buck if the right things happen.
We are slowly uptrending since hitting the 52w bottom.
I’d like to make another 200 grand on $NXGT seem so easy the first time
Looking like it!!
Back to 2s?
Confidently added
Nice to see bid size starting to increase
Maybe. Never know. Still watching.
Give it a little more time…
Was banking on the SS for over a year. But these dot not feather morons can't get even the most pathetic slime-ball deal over the finish line. The saving grace here is no convertibles but it doesn't matter because the business model is so pathetic nobody wants to touch this piece of trash.
One would think by the post. Hard pass now.
That’s a otc signature statement of your interest… lol things can change with NXGT in a flash!
Sounds like you want shares.
Nope. Been asking these assholes the past 3 years. Just scammers and money laundering...They have nothing. Sell your shares.
Ok …. Boy I’d love to see $Nxgt do what we all expected the last few years!!!
That’s about the annual disclosure of 2022, it’s recent though.
What’s the date I see 2022?
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