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Would like to see RobnHood jump on NNRX the way they did GameStop
Morning All, wonder what today will bring?
Lot of selling into the 13’s, shorts jumping ship? I hope so.
Reread the write up, the .015 is the key part of the offering for the 1.3billion shares. Which was intentional and the main reason for the offering was to raise $20 million. I myself and only my opinion is, as I stated, that those shares are already spoken for. As you stated why would you pay .015 for something you can buy at .0015. By the way I may be wrong, but I don’t think the .0015 is going to be around long tomorrow, if the $20 mil is raised as anticipated that alone will increase the market value of the company and raise the pps to over .0025 by itself. I think this is a way for a high end investor to acquire an interest in the company without all the paper work; it fits in with everything that’s been going on since the beginning of the year. All this is just my opinion of course and I wouldn’t want anyone investing on what I am saying they should do there own research.
There’s a time and a place for everything, when a stock is making a move like NNRX has since the beginning of the year, you don’t bad mouth it when you’re holding shares that’s for the shorts to do. There have been quite a few times I have stated don’t expect too much for the Q reports in previous years when we were going nowhere. Like you, I say what I think, I was not only talking as you put it some of us, I was talking in general about all the longs on this board that get frustrated with the lack of news and start down playing it and Bishop. Positive vibes is what we need here now and who knows even Bishop might feel more like talking if he’s not being put down most of the time. At any rate tomorrow should be a very interesting week with 1.3billion shares coming on the market and I’m hoping for the best outcome and will keep up my positive approach, if the $20 million does happen, it alone should bust the share price to .0025 or better by itself upping the market value of the stock more than the share count, that’s what the .015 buy price will do.
Some on this site are like my wife going through the change, one day hot to trot the next nothing but bitching. NNRX will not make any pr’s till the new shares are out there and bought up. Then not to sure, fourth quarter is over now and expect to see new share count out the end of next week or the beginning of the following. Everyone’s waited this long, I would rather see the end of the year Q report and the forward looking statement and the end of the report. Pr’s can say anything they are promotions, Q reports are the facts. We’ve seen action with filings and website building so Bishop is alive and working, I’ve held other stock longer that this and they paid off in the end. Buffett didn’t get rich selling every time he got frustrated, there something to his buy and hold thinking.
Here’s something to chew on over the weekend: I’m guessing when SEC approves the Form 1-A for approval of the sale of 1,333,333,333 shares of common stock at an offering price of .015 per share, the shares will be sold in short order. Until the approval of the share sale by the SEC the share price will not go above say .002 maybe a little more, just guessing. Once approved were going to see a number of large block buys of say 100,000,000 shares maybe larger at .015 per share. The influx of the $20,000,000 dollars will bring the PPS up to around .0028 maybe a little more. Now here’s my take, if I wanted to take on a partner and use his cash to increase my capital, I would have to give him something in return. A share in the company, the only problem is I don’t want him to have any voice in the company and I don’t want any legal ties to the company (written agreements). If I have a good enough venture/project in the works that a partner would want to invest money say $20,000,000, how would I do this. Well for a guess, let’s say in sell him stock at a .015 per share well above what any one else would pay for it to insure only he gets the shares and I get the cash with no strings attached. I would request using Form 1-A for the SEC to allow me to sale 1,333,333,333 shares of common stock at a price of .015 per share. The partner gets stock in stead of a share in the company and no legal ties, I get the cash. The share price only goes up a little; I get to go ahead with my venture with out disclosing what it is to the public and maybe spoiling the venture. Everyone happy and I get to keep every thing on the QT.
Good afternoon all. My wild guess would be the sale of Premium Shares, can’t think of any other reason for the price per share difference.
Today was a good day, churning all day with a slight increase in pps at closing. Look what the DOW did today and the bull that Powell was spewing on the news. He was talking in circles.
NNRX is getting to be fun again, watching all the trades and reading all the post is better than watching TV. Can't wait to see the action tomorrow for NNRX, a lot better than watching the DOW that for sure.
Ameritrade only shows 4 decimal places and round the number.
It sure is smelling more like a total revamp of the company or a merger. New website developer, amending the last two quarters filings, extra billion shares added to the share count last month and end of the year Q Report just around the corner. All the activity going on since the beginning of the year can’t all be just traders trying to push the stock price up. I may have to break my self imposed trading limits on how much I invest in anyone penny stock and buy some more shares in the 11’s if they are around tomorrow. It will not take much for this to move up; those amended reports may be enough to kiss the 11’s good bye tomorrow.
Have to agree with you, would be adding myself but have set myself limits as to how much to invest in any one penny stock. At present sitting on 20+m, will be happy to see NNRX go to a penny, dime would be great and a dollar would be out of sight. The possibilities for NNRX are most certainly here to make some big money.
Quiet start for the week here, seem everyone is waiting for the end of the quarter and hoping for some more signs of an active company. Just news release would work, a promotional PR would be better, merger talks better still and of course an early submission of the year end Q Report showing income would be the real rocket fuel.
I’ve also noticed that on several sites the company’s description has changed. On WSJ/Markets it’s sector changed to “Pharmaceuticals” and Industry to “Health Care/Life Sciences” and on Yahoo Finance it’s sector is called "Healthcare" and it’s Industry: "Drug Manufacturers—Specialty & Generic"
Also, I see Yahoo is stating it has 6 employees, never seen the employee count as high as six people before.
Everyone, keep the good vibes going we need every thing going in a positive direction.
Also notice on ICANN lookup NNRX has renewed there Registration for another year, another good sign. that wasn't done last week and it was expiring the end of the month.
Great news things keep looking better all the time,good reporting, but don’t count your chickens before they hatch. I’m hoping that every thing will break the end of July, that’s NNRX’s end of the year quarter. What better time for them to start over with an all new look.
Morning to all, here's hoping we close out the week on a surprise up side move today.
A lot of the trades on the buy side this morning, looking GOOOOOD!!!
Dow not so bad, but NOT looking good,
1 Billion shares added since June 4 and the price goes up 20%, sounds like a good thing to me, has to be something going on way to much activity since the beginning of the year.
Easiest way to do a merger or partnership is with trading shares with little cash involved, hoping that’s what’s going on here now. Been holding 20+m for years now waiting for the big move seen couple small moves over the years. Now looking good for a larger move, with the talking of Fed making it legal and all the free money floating around , now as good of time as any for that move up.
This is just my opinion of course, OTC is covering there asses, they are a private company authorized by the SEC to be the reporting agent for penny stocks. As with any private company officer and share holders come first, they are under staffed like all companies at present. If you click on the Yield sign you will see the reason it is there is because of “limited information given to OTC”. The yield sign will not come down till NNRX attorney sends another letter which removed the last yield sign. This may not happen till the end of the reporting year, July 30th, for NNRX if there is something going on in the background that NNRX does not want released at this point in time
Not many traders here today, guess there looking at the major indices looking to pick up some over sold stocks from yesterdays big sell off. I pick up a few shares myself after the morning spike was over.
This was a lousy week for the markets all the way around, let’s hope next week will be better. Need everyone in DC to go on vacation and leave the world alone for a couple of months.
Like seeing all the buying into the close, show a lot of traders think it’s going to open higher. NNRX is a day trading stock for a while now, lots of volume and fast trading. Like I said a .0001 move on a million shares gives you a quick $100, do that a couple times a day and it makes for a nice week. Don’t get me wrong, day trading can clean you out also, if you’re not watching the trends.
Fishing those back channels is a lot of fun, have you ever tries fly fishing for the snook have to work them slower on bringing them in.
Sounds like a cabana, cold drink, swimming pools and salt water fishing, All Good have fun.
You say FL in the summer, what the hell. I say FL in the summer, no crowds and great top water bass fishing in early morn and late evening. FL during the day you stay in the air just like any where when it gets hot.
Just go off the road been traveling for 3 days been fun reading comments on cell phone, pain in the butt trying to type on it fingers to big and old for those small keys. I’m sitting on trailer in FL now with air on. Been a lot of day trading action going on here lately, you must remember there’s a lot of trading platforms out there that don’t charge any fees to trade penny stocks that means a .0001 move in a stock trading a million shares = $100 dollars. Sitting on your butt with nothing to do all day, it’s pretty easy to make a few hundred a day, remember there a lot of stimulus money out there that’s being use for trading by people who see it as free money to use and don’t need it to leave on. And, again there are the pro’s that day trade all the time that love large volume stocks, there easy to get in and out of several times a day. Again, there’s the trader that are just shorting the stock and keep bad mouthing it wanting the bigger down turn.
??Question?? for all the top traders here now. Would there be a money or paper work advantage to NNRX by waiting for there fourth quarter to end before making a merger or reverse merger?????
Notice how the traders that short NNRX stand out on this board lately.
All this trading with out any news, need a little news and Robinhood to work a little magic here like what happened to Game Stop.
Good news, every little bit helps. I would expect to see the outstanding share count come out next week; the last three updates have been in the first week of the month. Guessing it will be higher when it comes out; Bishop has to use shares as cash unless NNRX is starting to make income.
Today’s action reminds me of the Day Trader rule, don’t hold over the weekend or Holidays. What I like today is pps is holding so far.
Morning All, Glad to see all the new names popping up on this board, also the change in thinking to a positive note. As a very long time holder with a 20+m stake, I’m tempted to break my discipline on the amount to invest in any one penny stock and add to my holdings at this time. Ready to add in a heart beat if I see some GOOD news break at this point. Keep up the positive vibes and maybe Bishop will be encouraged to come out with something in the way of news.
Looks like were going to go through a day of churning with accumulation and a small up side move by the end of the day, just my best guess at this point of the day. The good thing is I don’t see selling into to yesterday’s up side move.
Don’t know how much it will change when trading starts, but right know on TD’s level II there’s 15.5mil on the Bid and only 20,000 on the ask. Looks like no one wants to sell should drive price up, if this holds true.
Guessing it will take another Attorney's letter to get rid of the Yield Sign.
First time I've seen OTC move that quick to update there website pages. Very good news, Thanks for the info. Good chance for a move up today, here's hoping. Thanks!