Video River Networks Inc (NIHK)

[Profit Trader]

I think Frank is next to be charged

https://twitter.com/goodetrades/status/1602807959716864001?s=46&t=EQoGRe0fbaKEcPwX01FH4Q

I promise you all that I’m not bashing to get cheap shares. I was only still interested in this stock because Frank has millions of his money invested here.

With tickers getting CE’s and the SEC cracking down on scammers, I am no longer comfortable in any Frank tickers.

He’s also quite, which is a concern.

Be careful and protect your capital.

[BIGERN]

He had one investor call this summer where he promised monthly calls/updates and zero from him since. He no longer tweets or PR’s anything and has gone absolutely silent. I think he’s lost all credibility as he delivered zero on his vision/promise and I don’t think he is able to find or buy anything EV related. I hope I’m wrong and he is able to save NIHK for all of our sakes but its been a pretty disappointing year to say the least with Franky!

[206 bones]

This from Benzinga: Frank Igwealor owns about 50,933,829 units of Video River Networks, Inc common stock. Recently at Video River Networks, Inc, Frank Igwealor has sold an estimated value of $0 worth.

Every penny up or down represents $509,338.29 gain or loss for Frank. One would think he has something cooking for NIHK. His silence is deafening. Perhaps we will have a Christmas surprise.

[Profit Trader]

Lmao

[Cashman17]

First time I must say I’ve seen a CEO bag himself lol

[Profit Trader]

I’m not sure if I should be mad at the guy for wasting my time or pity him.

It’s hard not to take pity on someone who has lost so much

He must be in a dark place

[BIGERN]

Dismissed? He’s the only employee so I don’t see that as an option, maybe he can sell the ticket to someone that can do something with it.

[rapido3]

This ceo is highly incompetent and should be dismissed instantly! If he stays then no improvement for us shareholders will be seen - so hopefully everyone on the street and in this blog understands that!

[BIGERN]

Frank, were are the updates promised 5mo ago? No end of year call on the success of NIHK in 2022 and the plans for success in 2023? You really are no different than the other POS CEO’s in the pinks except you also lost millions on your own stock!!

[Profit Trader]

Geez, there goes another support level.

This may test dubs soon lol

[BIGERN]

Obviously he was overconfident in himself and thinking he could align/deliver all his 50 projects. Personally I feel he over extended and when EV took a hit, it killed his business plan so he focused on his tickers to make money. I just hope he can recover this and buy into the EV business but seeing how he manages zoom calls, not sure anyone will take him seriously.

[Profit Trader]

Frank spent over $1.5 million last year to buy shares on the open market

The rare buy this year was for a whopping $2k lmao

I hope he’s in good physical health, because he must be mentally messed up.

#GenerationalWealth

[BIGERN]

Frank didn’t even tweet his fins so anyone know if hes still alive?

[HIFI]

Nice looking forward to NIHK moving up Frank needs updates for us !!!!!!!!!!!!

along with form 4's

[Market Makers Exist]

Even CEOs get FOMO'ed

[Profit Trader]

Anyone remember this $177 thousand purchase last year at .151 cents?

https://www.otcmarkets.com/filing/html?id=15436457&guid=DDG-kKlkUbYKdth

This is why I still follow this POS and monitor it

I don’t think I’ve even seen a CEO bag himself to this degree lmao!!!!!!!

Why so quiet Frank?

[Profit Trader]

We might be testing dubs soon….

He might be giving out shares for Christmas presents because he can’t afford real gifts

Have a great Thanksgiving Frank lmao

[luden]

Frank believed his own lies.

[BIGERN]

There is some solace in knowing he has lost a ton also which is why its surprising why hes not doing anything. Maybe he has ruined his name and no one wants to get involved with him which I would understand. 10Q posted yesterday and does not look horrible but Revenue/profits are down.

[Profit Trader]

He will be forever known as Bag-King until proven wrong.

Imagine how he feels being deep red after buying over a million dollars above 10 cents lol.

“Generational Wealth” is looking more like “Generational Poor” LMAO

[BIGERN]

We went this entire year with zero progress Frank. WTF man, we invested in you thinking you were different than the other Pink scams.

[Profit Trader]

Looking at the 10Q that just filed and I have 1 question to ask Frank…

….how’s that “generational wealth” investment treating you LMAO!!!!!

[BOOOOOM]

Zzzzzzz

[lanemyers]

He ought to buy more EM shells and get them pink and merged. That's where he's been making money.

[Market Makers Exist]

Yeah. That feud sucked the life out of his plays. It was rough.

[BIGERN]

I’m not defending him by no means but he has a large following and to your point he has hurt many stocks but the OTC is also ripe for fraudsters. I thought Frank was different but when he went on his twitter war with George it did nothing to help any of his shareholders and I think this put a target on Franks back. George is a thug/bully and I don’t agree with his tactics but if you get on the wrong side of him things usually go south as proven.

[Market Makers Exist]

The downfall of Frank brought the entire OTC market down with it. Thanks to George Sharp for destroying the OTC market. If GS stayed in his lane, more people would've made more money.

I understand the need to defend him as he is a cult leader, but the man hurt a lot of people. Never forget that.

[BIGERN]

There is no comparing George Sharp to Frankie. George helped him initially but George smelled something fishy going on. I have no doubt Frank has figured out the shell game but there is no longevity in this and he has foregone all the plans of why us shareholders bought into NIHK. George is well respected and Frank F up when he went sideways with George. Since then George and his cronies helped drive down the pps of NIHK IMO.

[Profit Trader]

The crypto thing was mentioned in the chat a few times during one of his conference calls and he never corrected anyone.

How else does he have money (inheritance, rich parents, won the lottery, etc.)?

Whatever it is, it’s not from business. His resume on LinkedIn is light and his education is heavy for a 50 year old. Sounds like easy money to me.

Shells = he’s an expert
Sustainable businesses= he’s a failure

Shells will run out.

This is why no one is buying the stock even though the financials look good.

The stock market is about how much investors think the stock will be worth in the future.

The market has spoken

[Market Makers Exist]

Interesting. What's your source for this rumor? I would like to look into it.

He made mistakes. But his custodian success rate is admirable.

I still don't understand how he can get so many stocks out of EM while custodians like George Sharp can't even get one out. Seems like he has connections in OTCMARKETS, but I'm just guessing. Not sure how else it could be done.

Does anyone have any ideas?

[Profit Trader]

Rumor has it that Frank made his money in Crypto.

Easy money from Crypto does not mean you’re smart.

He dumped almost $2 million of his own money in $NIHK.

This does not necessarily mean he has a plan or the skills to turn that investment into “generational wealth”

He got lucky with crypto and that takes no intelligence.

Frank has never followed through on anything.

What has he ever created?

He only provides a service (custodianship of shells). This is a finite business model as he will eventually run out of shells. Then nothing.

Again, he is either using $NIHK as:

1. Some kind of person business to limit the taxes he needs to pay from his shell game. He’s a CPA, so he may know a tax loophole

OR

2. He has faith in himself (hence his large ownership in common shares) that he will bring in businesses that will generate massive profits. However, he keeps on failing. Which leads me to my original thought. Just because he has easy money from crypto doesn’t mean he knows what he’s doing. He’s just a huge bag-holder.

I hope he cashed out of his crypto plays, or he might need to sell his $NIHK shares at a big loss in order to pay some bills.

[LetGoodTimesRoll]

Not good.

[rapido3]

you are 1.000 % percent wright - i said it all year long that this ceo hast lost all creditability! no wonder that the stock is a strong underperformer and lame duck.
and it will stay so because nobody on the street will believe his words anymore, he is simply incompetent!

[BIGERN]

We have 50 days left to ending 2022. Frank has delivered ZERO updates for NIHK entire year. No updates on Maxim Group on business/assets they are looking to acquire and how about the monthly updates promised on last shareholder call? I’m sure financials will look good as usual but PPS will be .01 because Frank has lost all confidence.

[HIFI]

unless Frank thinks his stock is going to dollars, would be nice
to hear from Frank

[lanemyers]

That's not a bad thought. Quite possible.

[Market Makers Exist]

He certainly does.

[porty]

And it is only $2000. He’s got a long way to go to average down significantly.

[Market Makers Exist]

I'm guessing we'll see more form-4s. Doesn't want to push up the SP too high. Needs to average down a lot. Lol.

[lanemyers]

https://twitter.com/thebeachpleaze/status/1586031345809047553?t=dkrw75mnZTIpOWzmL6BngQ&s=19

[lanemyers]

Wow! Nice.

[HIFI]

could be, hope we get some updates

[TEFFY]

FRANKS WALLETMUSTA GOT SMALLER

2,000.00 ,I LIKED IT BETTA WHEN HE WAS SPENDING 10-20K AT A TIME LOL

[HIFI]

https://www.otcmarkets.com/filing/html?id=16152333&guid=Fiz-k6ImV7ZNB3h

[lanemyers]

Form 4?

[Cashman17]

Lol ya I’m just gonna ride out the storm see what happens

[Profit Trader]

He’s so baggy lmao.

Maybe he’ll do something to earn that “generational wealth” lol

[Cashman17]

I thought I saw something about a form 4

[Profit Trader]

Is Frank lowering his baggy average or is he finally going to follow through on something

I see some buying….

[Profit Trader]

Another support broke. Unfortunately this is going lower.

Frank is deep red on the shares that he purchased, yet his company is making millions from the shell game.

Hmmm, my theory on him using NIHK as his personal trading LLC for tax breaks is starting to make some sense

He’s not dumb, so unless someone can prove that Frank is not benefiting somehow with using NIHK as a tax loophole, I’m sticking with this theory.