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What's the difference does it make between 40M or 60M increase? We already passed that point. The bottom line is the current OS is 666M. I'm here for the future and I can careless about what happened yesterday and last weeks...etc.
Expansion.
This low floater can go from red to green in no time.
SGBY DD on Revenue Streams:
OREGON PRICE TAGS:
PENNSYLVANIA PRICE TAGS:
ARIZONA PRICE TAGS:
CURRENT LABS:
This shows why SGBY is in the most profitable business.
According to the Oregon's Laws, starting October 1, 2016: Only laboratories that have been accredited by ORELAP may be used for Cannabis testing.
SGBY had submitted their applications for all 3 labs. Approval of these applications can come anytime between now and October 1.
SGBY Revenue Streams From Services:
OREGON PRICE TAGS:
PENNSYLVANIA PRICE TAGS:
ARIZONA PRICE TAGS:
CURRENT LABS
According to the Oregon's Laws, starting October 1, 2016: Only laboratories that have been accredited by ORELAP may be used for Cannabis testing.
SGBY had submitted their applications for all 3 labs. Approval of these applications can come anytime between now and October 1.
Another great day today. Bids were strong all day long. Got rid of a couple shortsighted traders.
Build the bids, the asks smack will come.
We are definitely invested in the right business at the right time.
Up to #21 on the Breakout Boards now. Keep posting folks.
Folks,
Build the bids, the asks smack will come.
Slow and steady wins the race.
Stack the bids.
Smack the asks will come.
Long term investors,
Let's lock up the float by taking all of the shares we can get from the short term traders. Then we will control our destiny.
What we are seeing right now is that shares are being transferred from short term traders to long term investors. Once the long term investors lock up the float, they control the destiny of their share price. That's when the real pennies run starts.
It's pretty easy to manipulate low float stock by stacking the asks to catch shares on the bids with 2 separate trading accounts. But it will not work once the buying pressure occurs.
Dilution appears to be finished. It's just retailers exchanging shares now. This will bounce back to .005s in no time with some buying pressure.
Spreads are tight. Great opportunity to load today.
It will take awhile for the newly issued 70 million shares to flood the market. We need to know what was the conversion rate for these new 70 millions shares.
According to the latest 10-Q, the company issued 109 millions shares for $55,356. That's the conversion rate of .0005 per share. If you look at the daily volume and price history for the last couple of months, if can see that the share price went from over a penny to as low as .0004.
NOTE 10 – SUBSEQUENT EVENTS
Subsequent to March 31, 2016, the Company issued 108,989,795 shares of common stock for conversion of convertible notes with principal and accrued interest of $55,356.
Dilution needs to stop or at least slow down before this can move up.
7/15/16 from TA
Authorized- 3,000,000,000
Issued and outstanding- 555,101,345
Restricted- 309,010,001
7/21/16 morning from TA
Authorized- 3,000,000,000
Issued and outstanding- 605,573,567
Restricted- 309,010,001
7/21/16 afternoon from CEO
O/S 625,681,259
Float 316,671,258
70 million shares just got added to the O/S within the last couple of days (625M - 555M = 70M). The daily volume hasn't been high enough to absorb all of these new shares. It will take at least a couple of days for all these new shares to get bought up by retailers.
Hi nodummy,
I think your math numbers are off.
85% discount of $.0014/share = $.0002/share
Therefore, $40,000 / $.0002 = 200,000,000 shares.
I really thought it got a chance to close green until VNDM showed up. The next 20 days will be nothing but dilution then reverse split. What an absolute shame.
Will close green today.
I rather see NITE on the ask than BKRT, VFIN, BMAK, and VNDM any day.
BRKT's gone. Looks like dilution is over. The next couple of days will tell.
Completely agree with you Beamer00. Unlike most tickers in the OTC, NNRX is a well established company with real, patented products that are being sold worldwide and bringing in good revenues with high profit margin and with audited financials. Moreover, the Share Structure is really low (OS=533M, AS=750M). On top of that, NNRX just got a new CEO in place who is a Medical Doctor and an entrepreneur. He's in the process of injecting his own money into NNRX to buy out all of its debt.
Therefore, once the news starts to flow, this can run to pennies pretty quickly.
Picked up more cheapies! Patience will pay off!
You're worried about a 1200 share whack?
lmfao hello no. im not that stupid. i don't wack the bid. that is part of the reason im saying its going back down. got bid whackers here
Were you the one who sold 1200 shares at 8 this morning?
this is just another pos i got in. i don't see this running much. it reached its peak and headed back down to .0001. glta enjoy losing money
Absolutely. It's getting pretty close. Once it comes out, expect NNRX to reach a penny within 2 trading sessions if not 1.
Time is running out and getting closer for some type of big news every day. NNRX
1200 shares whacked at 8? Looks like manipulators are getting desperate.
Hi RJ,
The clues are in the latest 10-K. People just have to spend a little time looking into the 10-K to find them. Here's one:
The 10-K was filed on November 13.
The last note conversion was on October 20.
November 13 and October 20 was 3 weeks apart. Why did the conversion suddenly stop after October 20?
Absolutely believe the NNRX CEO is currently working on the note debt payoff among lots of other things. I wouldn't be surprised to learn he is working 7 days per week getting the NNRX ship in order and running smoothly. I think the 10Q is due by mid December and even with an extension around the first part of 2016. Looking forward to learning more about the game plan.
Hi Quokkie,
That's only if they chose to up list to the Nasdaq and NYSE exchanges. But that's down the road at best. However, if they want to up list to the OTC Markets' QB, all they have to do is to bring the share price over .01 for over 30 days. That's easily achievable without RS given the OS is only 533M with $2M in revenues.
So they will r/s to uplift but a bit later not now??
12's up.
11's up. Let's take out CDEL at 13s today.
Bids are building, asks are getting thinner and thinner as we move up.
11's up and thin.
I expect alot of good news coming from the company especially with the new CEO at the helm. NNRX did not spend $260,000 in audit fees for nothing.
Let me address you on these matters once and for all:
1) Dr. Joe Eyring retired in 2011. Therefore, he did not renew his license when it expired in 2012.
http://www.vitals.com/doctors/Dr_Edward_Eyring/reviews#ixzz3qA0E432k
2) Dr. Joe Eyring's C7 was filed in 2009 (6 years ago) and it's INACTIVE.
http://webcache.googleusercontent.com/search?q=cache:Il1wtD6Cx5UJ:https://www.utb.uscourts.gov/chamberaccess/calkra767811.pdf+&cd=6&hl=en&ct=clnk&gl=us