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He certainly does.
And it is only $2000. He’s got a long way to go to average down significantly.
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.
could be, hope we get some updates
FRANKS WALLETMUSTA GOT SMALLER
2,000.00 ,I LIKED IT BETTA WHEN HE WAS SPENDING 10-20K AT A TIME LOL
Lol ya I’m just gonna ride out the storm see what happens
He’s so baggy lmao.
Maybe he’ll do something to earn that “generational wealth” lol
I thought I saw something about a form 4
Is Frank lowering his baggy average or is he finally going to follow through on something
I see some buying….
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.
Best ticker?!!! That's a good one.
Agreed Frank needs to get his head screwed on tight here. This is his best ticker and totally wasting it with all these other junk tickers……#Focus
Frank never follows through on anything
Imo, he’s playing a dangerous game with his shells.
Why is there no history on these new “CEO”?
Try to google them….nothing really comes up
Are these fake names? If so, he might be in trouble…the kind of trouble that make him unable for years
Something is not adding up here.
What happened to the monthly updates promised from Frank? PPS will continue to drop as no one knows what NIHK plan is besides him stating he’s looking to acquire something. Why would Frank not be buying some down here unless he thinks is going down further IMO.
Perhaps…but the “pps is too low” was said by others in the 6’s, 5’s, 4’s, 3’s and now in the 2’s
We’ll see
I bought some NIHK today, the pps is too low
Nevermind I see what you're saying. That's bullshit but I bet your not wrong unfortunately. It's only for this fiscal year though
You can't have a tax advantage impact unless you sell and he hasn't done that. He has unrealized losses as of right now.
He’s a CPA, so he may know some loopholes.
The facts are:
1) He invested almost 2 million to purchase shares on the open market
2) He has not executed on anything
3) He’s making millions in the shell game
Did Frank create $NIHK to be his corporation that he trades from so he can benefit from corporate taxes?
https://www.investopedia.com/articles/trading/09/incorporate-active-trading.asp
He’s not dumb, so I doubt he’s happy to be bright red on the shares that he purchased last year.
…unless he made $9 million so far this year from the shell game
Again, maybe $NIHK is just Frank’s personal trading account that he created to benefit from taxes.
$9 million so far this year… Frank is doing great.
No one else is benefiting from it than him.
There’s no employees in $NIHK.
something is just not adding up
Wouldn't he have to sell to realize a tax loss?
i repeat my oppinion after surveillance of mr. ceo´s activities/non-activities for months: as long as no plausible and substance related news are popping up, the stock will remain dormant and will not move......not hard to understand
Wrong generation. Lol
Good summary. I thought the "generational wealth" would happen while we are still alive.
Has Frank ever followed through on anything?
- No EV, charging stations, car washes, convenient stores, AI, Machine Learning or
other revenue generating businesse
- No dividend for DRNG
- Crypto coin looks like trash
- Name/ticker has not changed
- Websites either do not work or are trash
- No business development mangers were hired
The only thing that Frank has done is:
1) Buy and clean up shells
2) Front load his shells and sell shares into volume (which is legal, so bravo for
taking advantage of that)
3) Selling some shells
Although he’s making good money doing this, it is not sustainable business mode
Something is not right here.
I kept interest here because he spent almost 2 million dollars buying shares.
Why is he ok with being down so much?
Perhaps it’s something to do with taxes?
$NIHK made $9 million so far this year.
How do we know if he’s withdrawing money from the company into his bank account? After all he’s a CPA. Maybe it’s legal, maybe it’s not.
Perhaps his game is shells and he’s using NIHK as a tax shelter?
9 million dollars from the shell game is a hellava business.
Frenki needs to pick up his calls from china.
Frankie Frank, vhen is that name changed finally going to happen?
Does Frank stil have deal vith LingStar? frenk should kal me
they not happy customers.
they feel used says LingStar.
Frank is becoming a laughing stock in the otc world... Can't believe it after how hyped he was getting with gmpw over 1.00. fell hard.
Exactly, Frank has mega incentive holding those open market shares bought between .10 - .12. If he is going to be successful anywhere I believe it’s on this ticker…..
If they actually get a charging station, this really changes everything. We will run. People go nuts investing in green.
$NIHK hopes to find a suitable EV/Charge-Stations acquisition soon. Stay tuned.
While merger targets are trendy industries, we're also open to traditional non-tech sectors. There is no guarantees, but it looks like $NSPT and $FCGD will pass through small share cancellations. $NIHK hopes to find a suitable EV/Charge-Stations acquisition soon. Stay tuned.
— Opportunity Zones Capital, LLC (@opportunityzon) September 4, 2022
this ceo hast lost all creditability as i wrote several times in this blog........he made a lot of promises and failed to deliver.......thats the reason why the stock does not rise against the quartely figures anymore......once a liar always a lliar, bad luck for him!!
Frank stated on that call he would have monthly updates to shareholders. Another failed promise
Then I have to look at my scanner… they came up on it last weekend lol
Jerress, These are from 2021.
Still here myself.
Just waiting to get excited again lol
NIHK
$NIHK NEWS.........................................................................................................
NIHK IS STILL DOING POORLY FER IT'S SHARE HOLDERS AND STILL NOT PROVIDING UPDATES ,OH AND SITTING AT 0.0272
THAT'S THE ONLY NEWS THAT ACTUALLY MATTERS!
NEWS -- Operational Improvements Drive Tytan Cybernetics to Record Q2 2022 Results and 4th Consecutive Quarterly Profitability. With YTD Revenue Growth of 144% YoY, Tytan Reported YTD Net Income Growth of Over 1,330% YoY to $1.57 million.
TORRANCE, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Tytan Cybernetics/Video River Networks “the Company” (OTC: NIHK), an innovative holding company for electric vehicle technology, fintech, AI, robotics, drones, distressed assets, and business opportunities within the high growth, fintech, AI, health, sports and entertainment industries, reports fourth consecutive quarter of profitability.
The Company also reported record second quarter 2022 results, leading to net income for the quarter of $0.97 million, impressive YTD revenue growth of 144.18% YoY to $9.87 million. YTD net income from operations exploded by 1,330.66% YoY to $1.57 million, driven by financial and operational improvements across all its lines of businesses.
Management Commentary
"We continue to see financial and operational improvements, which allowed us to deliver another quarter of profitability," said Frank I Igwealor, President and CEO of Tytan Cybernetics, Inc. "As we grow our business lines to unlock new growth avenues, our strategy to generate operational efficiencies is also taking hold, as reflected by our notable year-over-year and sequential improvements in Net Income during the quarter. We are pleased to see our financial engineering-based approach to enhancing our shareholders’ value take effect, which will allow us to have greater financial flexibility to conduct mergers and acquisition in the quarters ahead. I look forward to the remainder of 2022, which is shaping up to be a strong year for Tytan Cybernetics as we work diligently to generate long-term value for our stakeholders."
First Quarter 2022 Financial Results
I misread ,sorry about that. Yes Frank has spent boatloads of money buying in the open market at much higher prices.
Read my post again…
I said in so many words that I don’t believe what he’s doing (front loading his shells) is illegal (although it should be imo). He clearly is great at it and making money to fund his dreams.
….he’s just pissing the OTC off.
This explains why no one trusts what he says, hence why $NIHK; which he sunk almost 2 million of his own money to buy shares on the open market is getting no volume or can get over 16 cents.
He’s going to have to do something to show that the market can trust him and his vision.
He can start by:
1) Setting realistic and clear goals with milestones
2) Acquiring revenue generating companies.
3) I mean no disrespect, but he needs to hire an English 1st native speaker to provide PR’s. I give anyone props to those who knows more than 1 language. However, no successful Nasdaq/NYSE company has the CEO giving embarrassing conference calls and terrible PR’s (including Twitter)
I’ll keep monitoring the action. I’m still interested in seeing if he can get that “generational wealth” from this stock. I’ll take that ride with him if he can stop running this company like a clown show
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