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Not much is known about the Stock Swap till the 8k comes out. At present the only thing that it known it is a one for one swap, the total number of shares is not known.
Morning All: This is nice way to finish the week with CaptHowdy’s post on NNRX’s website revision. One thing I notice with it is the word “OUR COMPANIES” at the top. Besides listing “The Plant” there are FOUR other companies listed; (1) DHS10, Inc. Cultivation (2) RCW Investments LLCBrand/Formulation IP (3) Greenbird Distribution and (4) BioMedical Holdings LLC Nutritionals. Researching these companies should make for some good reading this weekend, finding information on these other companies listed above. Next week should be very interesting indeed to say the least!
If you look closer at the Securities Details on OTC site you will notice that the Outstanding Shares are being “Held at DTC”, a firm approved by the SEC to facilitate in the transition of shares when there is a swapping of shares of one company for another when there is an acquisition; among other things. This process can take up to six day to complete maybe a little more or less. When this process is complete; guessing this week, it will most likely be accompanied by some news or pr. This process could also be what is holding up the finalizing of the 8k I’m guessing.
Will be expecting some good news or pr coming out tomorrow or Wednesday, been weekly here the last few weeks.
I am greatly surprised it is not more. Liking the number, tells me there’s financing coming from other sources than just treasury stock sales. There appears to be an income stream large enough to make settlement payments, salaries, and also share swap transfers. Looking good from where I’m sitting. Think a few glasses of wine are appropriate for the good news, a whole lot better than the major markets are doing.
Take note of the greenhouse section in the back, roof installation has progress since the last photo’s taken where Doc Rob was walking between the building last month.
Any speculation on what’s going to happen when power hour hits late afternoon today?
Look at the major markets today they are 25+% off there 52 week high, would like to see some of that money form selling put into NNRX. We were listed on FB break out board.
I just want to pay the 24% that Biden paid this past year in Taxes next year, instead of the 28% I paid for last year.
Thinking this is what is holding pps back right now; the larger traders are waiting for the 8k to see how many shares were used to settle with existing shares holders from The Lab. Once all this is known that’s when we will see a larger and faster pace of shares being bought to move up in pps and the larger speculators will move in buying shares.
I’m guessing around of 12 to14 billion 10 to 12 of which will be restricted shares held by the three new Executive Officers.
Hope you fill the first thing in morning, my guess is that they are a thing of the past. Of course this is only my guess; OTC has a history of doing the unexpected.
New share count should be out this coming week and I am guessing there will also be a PR or some News. Also, 4’s should be the new base maybe even 5’s. Who knows with the right kind of pr or news along with the 8k this could be the week we see the start of the move up to trip digits.
New share count should be out next week; it should increase by at least a couple of billion shares maybe more as shares are being swapped around.
Liking there new Management and Operations office at 3200 Danville Blvd., Alamo, CA 94507. Seams like there is action going on all the time now, what more of a sign does anyone need. Yes the 8k is important but even if it is late it doesn’t mean that they haven’t file for an extension. There are two many people involved this time for it to fall through now.
Joincoinrush do you know when the video was made, in the background at the end of the video it shows "The Plant" greenhouse construction. That is the first that I’ve seen of what stage that construction is in. Like seeing frame work seems complete and they have started installing the clear roof panels on it.
Well I just signed on, and had to spend a half hour catching up on the posts, now I’d like to see all these post start showing up on other boards around the internet, not just Tweeter were already on that board. Bishop doing the hard work, let’s do our part and let our fingers do the walking and get the word really out there on all boards all over the wed.
The largest and one of the newest market maker “GTSM” has 160 mil of those shares for sale, a known whale disguiser. A little incite into how Market Maker’s Manipulate (PDF file)
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjj44zj4K_3AhVsoXIEHcFGBvcQFnoECBcQAQ&url=https%3A%2F%2Fwww.imanet.org%2F-%2Fmedia%2F4c6c7650a0024853a1c61963d7865649.a&usg=AOvVaw2urE_-qZrOaPpVwQ28oXpr stock prices. PDF file.
Morning All, looking forward to a good week if the Major Markets don’t hold things back. I’m thinking the 8K will be out around mid week seams like that’s when NNRX likes to release news, I’m am looking forward to seeing a strong close to the week and the month.
NNRX is bouncing around its very long standing Base of .0003 which started back around Nov.24th 2021; I see nothing that would change my opinion to hold my shares of the stock, though I will not be buying more till I see 8K and some positive news/pr. Someone wonting to speculate on a new passion NNRX is very good prospect at its current pps; at present with it standing at its base I would call it a day traders heaven looking to make daily wages. At this price a one point swing is 25% profit.
I’m not sure who’s level II quotes you are looking at but TD’s show only 10,000 on the Ask side for NNRX @.0005. At present I don’t see a wall of any type for NNRX, either on the Bid or Ask size. There are no gaps up or down on TD’s level II quotes. Volume has nothing to do with it; a wall would be a price gap either on the Bid or the Ask. I don’t put a lot of stock in that metric because it does not reflect all of the trading platforms or market maker moves.
The simplified answer is that an Ask Wall can compare to a Gap up in Price, i.e.; Ask price at .02 and the next nearest Ask price is .08 there is a six point (spread/gap up) between the two which when looking at a chart would be a vertical line “Wall so to speak”.
Everyone should use there own best judgment with buying NNRX myself I’m in a holding pattern as of now with 23m. There’s a lot going on in the world besides NNRX right now. Market looks positive for the most part but that could change in a heart beat if thing went south across the sea. Wish we weren’t so dependent on what’s going on in the world but that’s just the way things are for now. If you buy in at .001 and it runs to .01 you still have made $1,000 on a $100 investment that’s not a bad profit, buying at .0006 would give you close to $1,700. Someone new wanting to jump in now I can't blame that's called playing the game, penny stock is a gamble for the most part anyway.
I see expectations for NNRX are soaring and a lot of positive vibes out there. All good and great which I like to see, though just as a side note don’t get too carried away here. In my eyes I see a great future for NNRX and profits showing up in the near future. I have no doubt that they are selling and will be selling more with the infusion of NNRX’s million for info structure/equipment. But, the plant is only so big and can only produce so many products at a time. We will no doubt move out of the trip 0’s by the end of the month as I see it. Looking forward to seeing more in the line of buying and mergers in the near future, most likely next will be a merger hopefully right there in the industrial park. Great things are coming and a great time for all. The real big move up I see coming after the End of Year Report when profits from both NNRX and The Plant are shown on the books together, and who knows by then there could well be even more form other activates as well. Let’s Keep The Positive Vibes Going.
Originally I just wanted to make a Million off of NNRX, but the way the Tax Laws are going now will have to make Three Million to clear a Million after Taxes.
Morning All, “Another day another dollar “as the saying goes, wishing all a wonderful Easter week ahead.
News article released by the Nebraska News Chanel, “CNC” on March 30th, know it’s not anything new but it shows the word is getting around.
https://rivercountry.newschannelnebraska.com/story/46181329/agreement-signed-for-state-of-the-art-58000-square-foot-manufacturing-facility-located-in-the-coachillin-industrial-canna-business-park-known-as-the-plant-for-nutranomics-inc-stock-symbol-nnrx
When, where and how as well as your mind set. Sorry I couldn’t resist…
Don’t panic over the selling of shares, read on.
Buying and Selling is the process a trader goes through which is different than the Bid and Ask price. A lot depends on your frame of mind kind of like "is a cup half full or half empty". I look at it as a lot of trading/buying at different prices. In both cases; buying and selling there is some one buying as well as selling: if someone is buying that means someone else is selling and the same go for selling there is always a buyer involved. Selling doesn't always involving a person selling there shares because of fear or dislike of a stock; it could be from a lot of different sources:
1) The shares could come from a loan being paid off in shares that are finally being sold because the current price is higher than the value of the shares when used to pay for the loan.
2) They could be shares cashed in to pay for a salary of an employee converting it into cash (you can’t eat stock).
3) I could even be some of the 50bil A-1 shares being sold, which will show up in the next share count. Remember outstanding share count has been going up every month, recently at a rate of over a billion a month.
Next week we should get the New Outstanding Share Count for April. Anyone care to guess what it will be, it has increased over a billion a month for the last two months, think the trend will stay the same or will we see a larger increase now that the acquisition is finalizing.
I’m thinking the 8-K disclosure stating acquisition is completed, the ink not dry yet till the 8-K, also productive PR/News and/or some up-to-date pictures of The Plant. Also, a YouTube video walk through with Bishop and Matthew Hawes or another director would be ideal. Who knows for sure this is a penny stock it could be anything. Myself I have added to my shares now a little over 25m.
I didn’t say they could do what want with the A-1, I said they control the price that can sale the stock. The A-1 gives them the right to sale the 50 billion which is controlled by the SEC. With the share price standing at .0006 there not going to be selling shares for .0002.
There’s been roughly 5 billion shares already sold of the A1, and as stated by Uptick NNRX has full control of what price they can ask.
Right now we need PR’s/News of either equipment purchases, new processing lines being set up and/or New customers or orders for The Plant, also and/or NNRX plans for there next endeavor or a date for there store to reopen would really get thing moving again.
Very true your right on there, it is the prospect of larger future profits and will make a stock price move higher. Current profits only are a reassurance of company ability to make money.
It has already been stated that income form The Plant will not show till the fourth quarter report, that’s not to say that there will be not income though. NNRX could receive income for other sources including the sale of stock from treasury, not forget there’s still a lot of the 50 billion shares not sold yet. The important part of the third quarter report will be what is says about “The Plant” and future endeavors that are in the works by NNRX, the money will come but there will be more spending first. I’m thinking the next leg up will be when there is an 8K disclosure stating sale is finial.
Nutranomics’s first use of its share of the materials from “The Plant” is to infuse there own product line of Vitamins and Minerals. Remember “The Plant” has its own customer base it has to keep supplying first. The Plant has its own sales force as well, NNRX will be helping it grown which in turn increases NNRX’s income as well. Geoff Bazegian is going to have his hands full; Nutranomics still needs suppliers for its own products as well as overseeing the processing taking place in The Plant for NNRX’s product line.
Getting a little off track here aren’t we, NNRX does not own a Wine Company. We may sale extract to them as a potential source of revenue, but it would most likely be at a discount considering the relationship between the two. I would like to see Bishop’s next move in the direction of bio-mass processing for access to the unrefined material to be rendered by The Plant’s processing systems. At present the next hurdle would be a source of raw oil to supply The Plant. Control of bio-mass processing and refinement of the raw oils is what will increase NNRX’s income more, after that or maybe at the same time would be the Co-Op with the Farmers for the Hemp.
Looks like traders are holding there NNRX shares tight this morning; 227 mil on the Bid at 5 and only 22 mil on the Ask at 6.
Morning All, “another day another dollar”. Well let’s hope that NNRX does not follow what the major markets are doing this morning.