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NX Global, Inc. Announces 2011 Agenda
NX Global (OTCBB:NEGS)
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The Board of Directors of NX Global, Inc. (OTCBB: NEGS) announces its 2011 Agenda.
The company issued the following statement, "We would like to thank our shareholders for their loyalty through these difficult economic times and our transition period. As we move forward in to 2011 we are feeling more positive about the overall economic recovery and the forward movement of NX GLOBAL. The Board of Directors has a very aggressive agenda and has hopes of achieving their goals. The company also recognizes the shareholders' concern about the company stock price and the company shares your concerns and is addressing the situation. The company overall strategy is to bring value to the shareholders and an example of that would be the company spinout/IPO of NUBE and a dividend will be issued to all NEGS shareholders on a specified date. So NEGS shareholders would become shareholders of the new IPO. Of course we seek acquisitions and the growth of Applied Concepts that will increase our revenue base. We at NX Global would like to wish everyone a safe Holiday Season and a prosperous New Year!"
The agenda will include:
Plans for an IPO of subsidiary NUBE Inc.
Plans to offer an Annual Dividend to Shareholders
Plans to acquire or participate in Equity Positions, Joint Ventures, New Partnerships and Additional Acquisitions in our core business
Growth of its subsidiary Applied Concepts for Energy Corp and the Alternative Energy industry overall
Growth of the Board of Directors to Five
Development of an Advisory Board
Development of a New Website and an enhanced Social Media Site
Relocation of the corporate office to Nevada
Development of new Investor Relations /PR Program (for more transparency)
About NX Global:
NX GLOBAL, Inc. (OTCBB: NEGS) and its subsidiaries are publicly traded companies located in the USA.
Forward-Looking Statement: This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.
NX Global, Inc.
Robyn Bailey
877 249 9089
Why NEGS is most likely undervalued.
Keep in mind that this is a P/E ratio price estimate which is forward looking.
If NEGS could earn $4 million annually. I'm going to go by their new subsidiary NUBE Inc.'s revenue projections from their last PR. I am not taking into account current assets, and revenues from their other subsidiaries.
If NEGS can grow at a 5% annual growth rate, which I think I'm lowballing quite a bit here. The P/E multiplier would be about 5. So let's use a P/E of 5 for these calculations
Then let's take the forecasted earnings which is $4 million (Nube inc.'s estimated revs), so that gets divided by the O/S.
So that would be $4,000,000 / 600,000,000 = $.0066 -----This is the E/S
Now we take that P/E multiplier and multiply that by the E/S.
5 (remember the annual growth rate that I am going by) x .0066. = .033 PPS
That's on an O/S of 600,000,000 which is more than double that of the 264,916,386 O/S as of March 21st of this year.
Let's say that they MAXED out the O/S of 950 million, and are looking at a measly 2% annual growth rate, just on Nube inc.'s projected $4 million in 2012.
Once again, $4 million / 950,000,000 = .0042. E/S
So let's do the calculations with the lowered P/E multiplyer of 2. That would be:
2 x .0042 = .0084 <---- PPS
Play around with this for awhile, and do your own calculations. Then tell me that you whether you think that NEGS just might possibly be a bit undervalued or not.
400 millions would be a very good value - then the market capitalization would be only $ 560,000 and for expected revenue of $ 4 million in 2012
On the stock market is indeed the future of trade and not the present and the future looks damn good here at NEGs
I have found new data at Zecco - The O / S number is 277 400 000!!
Market Capitalization
$370.9 K
Shares Outstanding
277.4 M
That is the hammer and we all thought the be at 500+ million - if those numbers increase next week will be confirmed by the Q10 Filling the share price immediately on 40 + and that with the expected 4 million revenue in 2012 - i think the Cent is not the Sky - we got more...
Yes Sir - i see the @20+ next week is the minimum target...
Normaly all stocks go down on frifay but we go up !!!
And the Volume was 180 Mio+ the second Day....lets hit 250 Mio next week...
Yes you are right - all Stocks go down and we go a little bid UP - thats verry bulish for the next Weeks we go higher and higher...
Think @50 we can see in June !!!
I give not one share out of my Depot under @30 - next Week wee will see @20+
Now buy all with you can - we can verry easy get the @16 back and more...
If everyone wants some cheapis under @20 he musst now buy - ist gives 5 Millions @18 not more...
Next Week we will trade at @30+
There is nothing in Ask - take 5 Millions and you are at @19
Hey Guy,
i need some Seconds to make the Screenshot and if came in this Time a new Order i can nothing fpr this ok
Be happy that i make the Screenshot - its work !!!
Go NEGS we will see @20+
Yes let's Start at 21:30 and hit the Ask
Power Hour Buying...
Hey Guys - at @10 gives no shares - go up to the @11 or @12 if you wont cheapy shares before the price is @15 or more...
Soon we are at @14
I would not Wonder if we open with GAP UP
I think we will run verry hard today.....looks great
In the last Friday-Tips they stated they hold a back a MASSIVE PR!!! I assume this should be released right now!!!
what does that mean if 20 million are traded to post-trade @ 7?
Be the Shorter or these are the MM's self?
Maybe these were the precursors to Q10 - is coming soon ...
Close at @10 yeah
CSTI 15 Millions in Bid
The shorties must cover - this will be great !!!
´Hey Guys - now lets beat the Ask with all we can...