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Buckle your seat belts this is going to be a roll-a-coaster ride on the Markets this week I’m thinking.
Good Morning All, Looking forward to an interesting week ahead of us, on both the OTC and Major Markets. NNRX should do well I’m thinking.
The offering is open to anyone @.00026 with a min of $250 purchase, It is not offered on the exchange but by contacting NNRX directly and the buyers meet the min qualifications required to make the purchase which are called out in the offering. The offering is for NNRX to raise capital and I am assuming that a large purchase is already in the works for further funding of The Plant construction and expenses. The offering has to be lower that the strike price of the stock to get buyers, a buyer of large blocks is not going to pay NNRX more than what it is worth at the present strike price. The monies go directly to NNRX where as on the open exchange it is just shuffled around by the traders. Look at the original offering for details of purchase. There are liability issues for NNRX to sell shares on the open market directly which are reduced by selling directly to buyer who has met the required qualification.
300 million on the bid @.0002 the move seams to be starting, 48 million buy @.0003. We could see the Ask price move to .0004 by the end of day, depends on the word of the last news getting out, and the general markets not making another mass move down.
Today could very well be the last day, if not week, to pick up cheep 2’s. We could be seeing 4’s next week if not higher. When the Q report comes out we should start moving up out of the trip 0’s I am guessing. Just me guessing of course don’t buy on just my say so, I’m just a trader that’s all.
Today’s news release in very informative and made be Geoff Bazegian himself through Newswire. The most informative part I find most interesting is that the 3 Quarter report will be giving the information about the merger instead of the EOY as originally planed back in Jan… It appears that NNRX is moving a little faster than there original plans, a very good sign. As for more dilution of share count there most likely be around another eight hundred million shares or so to satisfy on going activities. This will continue till NNRX can show profits and then will start to wane as income increases. Once NNRX starts posting regular profits I do expect some buy back to start a little at a time as to not inflate the price. A reverse split would not help the company or there share holders, a RS would be very bad to the company at this time and all parties know this.
Does any one think that when NNRX submits a Q report it is posted with being review by SEC and OTC both? Depending on what it contains, which we won’t know till OTC post it, it could take a few days for them to review. Then add in the holidays in on top of it, do you think both OTC and SEC were working with all employees on board none taking time off for the Holidays. NNRX has consistently been putting out information and videos along with predictions of future growth. You can bet that they are in touch with both SEC and OTC, when it comes out it will come out keep your shirts on. If it’s late and the Stop sign comes back up It’s what all of you have been asking for, it will go back to the ones and you all can buy more like you been crying for.
There’s a picture that goes with this tweet, if anyone knows how to post it on Ihub I’m sure there’s some on the board that would like to see it.
NutraNomics today on twet
@NutranomicsInc
"... we are on pace for approximately 60% sequential quarterly growth. But that doesn't include our recent release of The Plant's Branded ‘Red Eye' product line, set to hit the market throughout the remainder of the year," says Jonathan Bishop, CEO of NutraNomics.
Looking at the Level Two trades it appears that two dubious market makers are controlling the trades today, (CDEL and GTSM). It seams like there picking up the occasional weak trader selling in the two’s. The .0001 trades you are seeing going across the exchange have to be market makers, the selling into the .0001’s range in value from 15 cents to 4 dollars and for the most part under a dollar. This is just to keep the price down and to shake out some weak hands. Though not illegal it’s very unscrupulous to say the least. Just my own opinion on what I’m seeing of course. I dough anyone is picking up any 2’s today except for theses two markets makers that have almost a billion shares in the back order stack at .0002…
No problem, everyone is getting nervous with all the markets in general, me as well. The thing is; a lose in the market will occurs when one sells a stock for less than they bought it for. If a person is financially able to hold on to there shares, the market always seems to bounce back at some time in the future, it’s a matter of a waiting game. Good companies most always bounce back; when a trader invests in a company they are assuming it’s a good company. Unless they are shorting the company, but that’s a risky game and can cost a trader a lot of money if they guess wrong. I shy away from shorting a company; it just hurts share holders of the company.
As per Investopedia definition of Dilution, may help some peace of mind.
What Is Stock Dilution?
"Dilution does not necessarily mean the dollar amount of the investment changes, but since the shares held are a smaller percentage of the total company, the investor has less pull in the company's decisions and their stake represents a decreased percentage of the company's overall earnings. Although news of a secondary offering is typically not welcomed by shareholders because of dilution, an offering can inject the company with the capital necessary to restructure, pay down debt, or invest in research and development. In the end, acquiring capital through a secondary offering can be a longer-term positive for the investor, if the company becomes more profitable and the stock price rises."
Feeling good about the board here the past few days, have you notice the trend is towards conversation about the company and its outlooks. No great bashing or pumping, just honest question, up dates that others can read that they may have missed and general conversations. That’s what a stock board is supposed to look like in my own opinion, just saying, much more enjoyable to read and informative.
When you see a company who’s pps is dropping and there is a downward trend in momentum along with a dropping volume that is a company you should worry about a reverse split to hide the fact by artificially raising the share price to entice new investor, this ploy most always does not work in the long run but may bump it’s price in the short run which allows owners and officers a chance to sell at a small increase in price. The SEC is always on the out look for such companies, as well as the lawyers.
At the current valuation at .0003 I feel there is no fear of a rs, it would not benefit NNRX, The Plant, board members, employs or Bishop; all of whom would have there total share count cut and may start a mass share sell off which would be the exact opposite of what all of them are wanting. If and when the share price would reach over $2 per share and the company was on an upward trend, then a reverse split could happen if NNRX was looking to move to the major markets to entice new and wealthier share holders and funds that only trade in the major markets. Again just my own opinion.
Some will call this pumping, I call it just stating plan facts.
I keep hearing the word dilution being tossed around like something bad is going on with NNRX’s value to share holders. Going to through two different numbers at you; here we go…
On January 10th this year there were 8,356,214,838 outstanding shares market cap was $2,506,864.45 the pps was .0003
On June 10th this year there were 12,675,633,905 outstanding shares and market cap was 3,802,690.17 the pps was also .0003
When you do the math there is 4,319,419,067 more outstanding shares as of June, what every one is calling dilution of shares. In the same time period the value of NNRX (market cap) has increased $1,295,825.72. ((remember the PPS IS THE SAME) in both time frames.)
NNRX is increasing the number of outstanding shares and it is also increaseing it's value in the same time period. Don’t confuse the word dilution with growth. Most if not all people think of dilution as a worsening of a company value. That is not true in all cases as shown above, NNRX is going through a growth phase were it has to increase outstanding share count to create that growth, which they stated from the very beginning that they had planed on selling 20 billion shares to put into the purchase and growth of “The Plant”. Yes the share count has increased in the five month period, but so has NNRX value increased 1.3 million in the same period, that's a PLUS not a minus for NNRX! I will continue to hold and as long as things keep going the direction they are now and I am very happy with NNRX.
The Plant is finishing up its 1st quarter estimating 9 months left till the end of the Plant’s year and based on the 25% per month increase month over month is where the 10 million number is coming from. The Plant is in production now without having the greenhouse up and running, that means they are getting raw hemp/materials from other sources now and not relying on the greenhouse. What they have done is added equipment to the labs which is where there sales is coming from. The one “fly in the ointment” is the fact future increases for the year for the Plant is based on a short time period and is an estimate of future production. Not withstanding the current political environment and inflation which could change the future, like alcohol hemp is something people that are using will keep using even if monies are tight. When you add in my past post about the 23rd news of other sources of income I am thinking 10 million for the Plant by the end of there year is very possible and maybe even more. This in not saying NNRX is going to show 10 million on there books that will show on The Plant’s books. NNRX will show a percentage of that as income, but remember that the plant is doing the financing for the completion of the greenhouse as well as backing The Plant financially. NNRX’s pps will go up on the prospect of future income from The Plant as well as sales of there own patented product line and other projects they may have in the works.
My self, I think Bishop has learned form his past mistakes which are showing in the slower progression of this current endeavor with NNRX. I am holding tight to my shares which I have increased to a total of 25 mil at this point. GOOD LUCK TO ALL LONGS!!
P.S. I don’t think it is going to be luck at this point but a planed path forward by Bishop. Just my opinion of course, don't buy on what I'm thinking everyone should form there own opinion as whether to buy or not.
Just my opinion of course; but with Bishop’s past endeavors that did not work out. I would have to believe that the 10 million dollar number given in the news release would be a conservative number, him not want to repeat past mistakes.
Everyone’s seen the news release on the 23rd, but I haven’t seen any comments about Red Eye and other formulation release of several branded products from this board.
Quote:
“Bishop added, 'If we line up Q1 data against what we have seen in just the first 7 weeks of Q2, we are on pace for approximately 60% sequential quarterly growth. But that doesn't include our recent release of The Plant's Branded ‘Red Eye' product line, and the anticipated formulation and release of several branded products set to hit the market throughout the remainder of the year.'”
We could be looking at a lot more than just the 10million by the end of year if things go right.
Morning All, let’s close out the week with some positive vibes. Could we see a .0004 at the close????
It appears we agree on 99% of the time, that’s why we will be holding through the rest of this year into the next. Hoping we’ll meet in Vegas next spring or summer, plan on buying a new Class B RV with some of the profits from NNRX and doing some extended traveling next year. One can always dream can we?
Agreed on the Shell/Yield sighs, but I don’t think they will come down till NNRX shows income and gets current with there third quarter report. OTC has very loose requirements for placing the Shell and Yield sighs on a stock, it’s called covering there asses form trivial law suits.
P.S. Remember NNRX has stated from the beginning back in January that a full accounting of The Plant finances will not show on NNRX’s books till the EOY report.
10 Million Is not a lot of money for one year for a business that is just getting off the ground? Remember employ count is up to 80 or 90 not sure which that has to be paid. There is overhead, power, water, heat and cooling, matiance of existing structure and landscapeing, advertising, construction cost, ongoing equipment purchases, raw product purchases and well as materials to process the raw materials into finish product, not to mention putting monies aside for out fitting the new green house when it’s completed. On top of all that there’s the taxes State and Fed on that 10 million, then there’s the responsibility of building up and keeping working capital and financing any other projects that NNRX has in the works. I expect to see income from NNRX in the upcoming Q report, but I do not expect to see any profit in the near future. Investors are betting on where NNRX is going in the future not where they are at the moment that is what will make the pps go up. That will take a good Q report and a good prospect of future growth in the Q report along with continued PR’s and news articles which will keep NNRX in the eye of the public, it doesn’t have to be great news all the time just continued news and pr’s...
Quit frankly with what’s going on in the world and the markets I am surprised NNRX is trading as many shares as it is on both sides of the trade. Myself I’m holding tight to my shares and savable cash for now till things cool down. Inflation is going wild and there are talks of recession in the news all the time. I’m spending as little as I need to on access above normal needs. If the Q report is very positive I’ll buy more at a higher price if I see it is on a sustained move up.
I’m looking at the major markets and how they have preformed since the beginning of the year, and then I look at NNRX in the same time frame. I still have the same value in NNRX that I had at the beginning of the year, as for my IRA in the same time period it’s down over 15% and the country is going crazy. NNRX is looking pretty good to me right now, the only thing I can see that has a positive outlook for now.
There are not many YouTube subscribers for NNRX about 34 last count including myself, the reason being the time between videos and it’s just as easy to see replays on tweeter or IHub. Also, it was a new listing for the video only about an hour and a half old when I posted it. The last time I looked the count on view was around 46 I think at less that 6 hours old. It is the content of the video that maters not the number of views on a YouTube channel that counts.
Sorry about that, posted it before I viewed it. Just assume it was a new one, just the same one that is on NNRX’s home page reposted.
New Video on YouTube
Well it looks like the Markets are turning around; this evening or tomorrow morning would be a perfect time for NNRX to come out with there Q report.
I’m thinking we will also see this stock start to move up when Q report comes out, everyone seams to be sitting in a holding pattern now. I won’t mind paying .0004 tomorrow for some more shares it Q comes out this evening and is favorable.
When the Q report comes out and there is some income showing on the books for NNRX with a small profit it should go away. Of course it will take some time for OTC to update there web page for NNRX there not know for fast updates. It may take a letter for NNRX to motivate them into updating.
Would like to see the Q report come out after-hours today, would give time to chew on it before market opens tomorrow. Would put a bid in if it were showing good report, came in to a little cash from another stock to invest in some more shares what to round up to 25m.
NutraNomics Announces Record Topline Growth for New “The Plant” Acquisition During Four Months Ended April 30
Like the new post of twet, https://twitter.com/NutranomicsInc
Sorry about that, will have to get use to the new holiday. I will say Tuesday could be the very interesting day. Some times it’s hard to teach old dog new tricks.
Monday could turn out to be a very interesting day for NNRX. There 3rd quarter report should be submitted for all to see. Also, there is a chance for the Major Markets to start turning around, as signals are starting to indicate the bottom of the Bear Market as well. At the least there should be an interim 3 quarter report out for NNRX.
Oh well so much for the positive open for the DOW. Let see what the close looks like .
Well it looks like we might get a positive opening this morning, no matter how small. Got my fingers crossed for a positive close for the major markets by the end of the day.