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Just a ruse to issue and increase restricted. It was a clear dead dog by all metrics. Follow the money..
Why the feint with that one acquisition IMS Experts? That one fell through, thank god. Such a mystery box, NXGT.
Maybe they finally found a reverse merger candidate? Best scenario IMO.
139K on the bid appeared $0.011. Maybe 2024 will be the year, interesting. Sometimes nothing News wise is better than something.
Consistently as well. Can't tell you for sure but we know restricted increases with ever outstanding increase. Could be controlled short cover? Ask continues to replenish despite the hits...
Who buys $1700 ~ 100K shrs while nothing is happening? Interesting.
Rm play increases as inside percentages grow. The only option they've had.
That’s the only thing that’s happening with this shell.
Outstanding and restricted increased proportionally. About 8 million more to go.
https://www.otcmarkets.com/stock/NXGT/security
Not sure, but I hope it continues to .10 and beyond. $NXGT $$
Another 100K, interesting action here.
Who is buying small increments of our shell, lol.
After your post, ask down to 0.015 :) so at least somebody is reading these forums. Wondering how many small investors (us) is holding & checking now'n'then for the last 3 years :)
Im surprised we are holding this level just above 1cc. Easy to hold this way. Might see dimes again one day when the investors climate gets better.
"waiting for the politic climate to change" same thoughts here. Or maybe it's our last rationalization why this stock suck so much. US elections are in Nov. 2024 so if that's the case we can see something happening here in 2025 #smh
Maybe NXGT is waiting for the politic climate to change when the Biden administration is gone, lol.
Chart is stable though. Good to see we didn’t really went sub permanently. We are sitting in a range for some time now.
I'd be happy with an uplist QB at .25 fwiw..
Nasdaq. One can dream right.
A preferable RM would be the best scenario. Restricted inside ownership has grown substantially. 10 million more to go.
Its a she’ll until they strike a deal.
Q2 dropped and of course it's empty. Again it's a copy/paste of "Microsoft Word - Nexteligent 3.31.2023 Quarterly Report.docx" they don't even rename the filename. I don't understand why this company exists.
Outstanding and restricted 2 million increase.
https://www.otcmarkets.com/stock/NXGT/security
What a nice out-of-office-for-vacation-auto-reply email :D
From IR:
NXGT will be releasing the June 30, 2023 OTC Filing that is due August 15th.
All new events will be discussed there. We are in the process of working our strategic
growth initiatives, as we have submitted previously. Whenever we complete
any material changes, we will update, accordingly.
2 weeks to Q2, let's hope it won't be flabby unfinished copy/paste of Q1 again. Expecting at least 2 or 3 new LOI/acquisitions(shareholder scams). This stock is just pure frustration :)
With this low share structures and bloviating visions, you really have to suck to be at this level... I'm not confident that there's an acumen here to accomplish anything of value. Only thing that's increased is the insider percentage on ownership. So they essentially own a greater percentage of toilet paper...lol...
...crickets chirping... management probably on extended vacation :D
That acquisition target was a joke by my take. A big fat and costly nothing burger..
Zero credibility, execution, forward guidance, vision, and trading dynamics. Tight share structures with insider percentage holdings increases. Rm play.
Honestly I think they are on the lookout for a high quality acquisition that fits the corporate vision of creating synergies across subsidiaries. That medical device company fell through, just taking too much time.
Wonder how they will keep the SS low in the future though.
My take right now chances are slim they go OTCQX some day. We’ll see.
Funny we are almost eight months into 2023 and no word on that acquisition for $4M something. I hope it doesn’t go through. They should issue a press release giving an update how they want to move forward.
And yeah our mkt cap is bottoming with that low SS, shell value $1M.
Looks like a bottom is in here. Bottom shelf buying in play imo
The " Big Boys Club", under this bozo administration regime kabal, has unfettered impunity to destroy the OTC dynamics on wealth creation. CDEL has record billions on shorting the markets here. Might be a long time if ever on returning to the speculative investing on the OTC. Look at the top ten OTC and you'll see little to nothing, despite volumes and monies. Since the bozo took office, it's gone nowhere. Used to be a mechanism towards picking up better stocks thereafters.
Clowns all in control now and no license needed.
This stock becoming a joke. The whole OTC is a joke. Need to find a new hobby.
Don't worry, Paul has 3 acquisitions coming...jk...
200k now...agree...still great SS hopefully there is a good reason someone wants shares here
To their credit, previous notes were purchased by corporate and added to the restricted. That was a tell towards the real value of an inevitable reverse merger. You don't buy up your notes for any other reason. Additionally they have failed to execute, including but thankfully they didn't, on this last bloated fat pig. Instead they are increasing their percentage by transferring the increased authorized shares to their restricted inside ownership. Additionally the stock price doesn't matter much as their share structures are a micro on the OTC. Truly shell status here. Anything of worthy news or reverse, and should see sizeable returns. The OTC is also slowly allowing some movements and welcoming money flows. Not the past hey days but with this crap and criminal regime, they are starting to loosen up. Peeps got what they elected. Hopefully they'll realize at the next and subsequent elections.
Then it will be 00's soon... Per there filings 1 yr ago they were working on a merger and obvious imo it is dead.. Now they must sell notes to survive.
Outstanding and restricted increased. Insider ownership continues higher.
https://www.otcmarkets.com/stock/NXGT/security
No reason to right now
People better start hitting ask or this will be in 00's very soon.
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