Nexteligent Holdings Inc (NXGT)

[MrSmith15]

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 :)

[BIOCHEMUP]

Bid 0.0103 Ask 0.019 lol.

[BIOCHEMUP]

Some volume.

[BIOCHEMUP]

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.

[MrSmith15]

"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

[BIOCHEMUP]

Maybe NXGT is waiting for the politic climate to change when the Biden administration is gone, lol.

[BIOCHEMUP]

Chart is stable though. Good to see we didn’t really went sub permanently. We are sitting in a range for some time now.

[urge2surge]

I'd be happy with an uplist QB at .25 fwiw..

[BIOCHEMUP]

Nasdaq. One can dream right.

[urge2surge]

A preferable RM would be the best scenario. Restricted inside ownership has grown substantially. 10 million more to go.

[BIOCHEMUP]

Its a she’ll until they strike a deal.

[MrSmith15]

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.

[BIOCHEMUP]

Why the volume.

[urge2surge]

Outstanding and restricted 2 million increase.
https://www.otcmarkets.com/stock/NXGT/security

[MrSmith15]

What a nice out-of-office-for-vacation-auto-reply email :D

[BIOCHEMUP]

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.

[MrSmith15]

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 :)

[urge2surge]

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...

[MrSmith15]

...crickets chirping... management probably on extended vacation :D

[urge2surge]

That acquisition target was a joke by my take. A big fat and costly nothing burger..

[urge2surge]

Zero credibility, execution, forward guidance, vision, and trading dynamics. Tight share structures with insider percentage holdings increases. Rm play.

[BIOCHEMUP]

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.

[BIOCHEMUP]

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.

[urge2surge]

Looks like a bottom is in here. Bottom shelf buying in play imo

[BIOCHEMUP]

Who is buying.

[urge2surge]

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.

[BIOCHEMUP]

This stock becoming a joke. The whole OTC is a joke. Need to find a new hobby.

[urge2surge]

Don't worry, Paul has 3 acquisitions coming...jk...

[BIOCHEMUP]

Sub penny now.

[FIREMEDIC0001]

300k now

[FIREMEDIC0001]

200k now...agree...still great SS hopefully there is a good reason someone wants shares here

[BIOCHEMUP]

Nice 100K+ bid.

[urge2surge]

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.

[EmptyBones]

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.

[urge2surge]

Outstanding and restricted increased. Insider ownership continues higher.

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

[FIREMEDIC0001]

No reason to right now

[EmptyBones]

People better start hitting ask or this will be in 00's very soon.

[BIOCHEMUP]

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.

[MrSmith15]

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.

[urge2surge]

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.

[EmptyBones]

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...

[MrSmith15]

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.

[urge2surge]

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..

[EmptyBones]

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.

[urge2surge]

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.

[EmptyBones]

NXGT enters bear market breaks below the 50 MA... Obviously 1 yr later no deal all bs imo... Chart shows we could test .007 soon imo..

[BIOCHEMUP]

Interesting that the restricted share count goes up again.

[urge2surge]

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..

[urge2surge]

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

[MrSmith15]

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