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nupe. will wait to pull the trigger until ++ pps (longshot at best)or settlement date gets in the way of the writeoff. a few thousanths of a cent one way or the other does not really matter at this point. the company simply does not give out enough info to maintain any confidence in it's future. lack of financials and news is usually not a good sign on Wall Street, or even pinkie land. GLTA who hang in there. I hope for your sakes they get their act together someday.
well, wupdeedoo Mr Capslock. take your profits and buy a stamp to mail a letter. each share momentarily worth 3 thousanths of a cent (till the afternoon session). guess you don't understand how daytraders work the am/pm market. NSMG down from the historic high of what .20 ?! quite worth bragging about I'd say.
aka "let's make a deal". Jared can't dilute to pay off his lawyers or any judgements (his usual M.O.), so it will be interesting to see how much vaseline he has to coat himself in to wiggle out of this predicament. personal bankruptsy protection post judgment is a likely scenario, then on to the next scam. i also believe he would rather destroy EESO then lose control of whatever marginal operation actually may exist for the sake of ego, if nothing else.
when you get to .0000 you will have averaged down as far as you can go. look for the bounce to .0001
hard to tell whether the lack of filing is sheer incompetence or delaying of bad news. perhaps they simply do not have the intellectual capacity to count numbers. they act like a privately held company that does not have to disclose anything. i have held this p.o.s. too long already in hopes they would actually learn how to conduct a real business. now it is simply a writeoff against capital gains this year to soften the tax burden. just another stinkie pinkie.
and if a frog had wings.......
yes, obama is out of the country.
am buy, pm flip. what else is new?
its a largely unregulated market so not sure what you were expecting.
shorts ae covering since they have successfuly sucked all the life out of the pps with Jared's incompetent help.
just make sure the sale closes before 12/31!
it is difficult to attain a positive outlook on EESO, and Jared is inevitably in the mix as the most semi visible culprit. he can't dilute further to pay off the SEC, so his favorite new money strategy is gone. maybe he kept enough of his ill begotten gains to pay the bill but I doubt it. it is sad to see so many posters claim thousands in lost investments with a company that never made it possible to do any real DD on it. other then day traders flipping the stock to pay the parking meter for two hours, it is hard to see any new investors coming in at this time. guess we are all waiting for the other shoe to drop. GLTA.
with all due respect, only audited financials offer proof of developments and revenue, not email postings.
hi moderator/webmaster - how about getting rid of the nauseatingly obnoxious BING popups!!!
because penny stocks are virtually unmonitored/unregulated and day trading MM's/turds can manipulate the pps a few thousanths of a cent, particularly during low volumes, to their meager advantage. they are the same twits that post claims of huge alleged profits on their deft trades (notice how they always claim their buys and sells go exactly as they planned) while they probubly made ten bucks before commish.
no can do - he ran out of fingers.
and this stock looks like a sludge pond. no doubt we will start to hear from the "what a great buy" crowd as it sinks further. this stock is a yearly bad joke.
and you know this for a fact because.....
1. "everybody knows it"
2. it conveniently explains away some major issues
3. you have proof of it and here are the links
i think if the many hundreds of penny stocks listed on the site were all having to pay the site off to avoid black listing (ie:blackmail), someone would have reported it to the authorities by now or filed a lawsuit. but that's just me being logical in the land of illogic. my advice = if nsmg ever breaks past 2 cents, bail out before the day traders/insiders pull the plug on it again. look at today's ( or any day really) action to see the pps manipulation during the trading day.
i went looking for a quote on NSMG today and got this:
Pink OTC Markets has discontinued the display of quotes on pinksheets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:
Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.
Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer's securities.
Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders.
Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).
Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — There is, in Pink OTC Markets' view, a public interest concern.
assuming 12 mos of those type earnings at least (hopefully more as time wears on)and without considering the effects of total liabilities and business costs on actual revenue (close to 6 to 1) which is another way to arrive at real fair market value. if it goes between .2 and.5 this year on cane news i will be a happy camper along with a bunch of other folks i expect but it will take major mews to wrestle this stock out of the greedy paws of day traders and MM's who use it for their personal sand box.
your quite welcome!! but sorry my pun went over your head. hey - hang in their dude, storms are coming - nsmg watchers get to follow each storm system in lurid detail as it lurches around in the atlantic !!! of course, no one wants anyone to die or anything, just their homes and businesses destroyed while they are at the county fair having corn dogs. nsmg might get a contract if their home office gets hit by a storm. actually, on second thought they don't actually do any work - they would have to contract the job out.......heck, i have an extra shovel i can loan them to increase revenue. i really do hope you make a few bucks off new suckers this year, if only for all your hard work in pumping this P-O-S.
nay forsooth, Manchild - my logical position on this stock only embarasses folks who pump it illogically for the fleeting prospect of minescule gains in pps. if there is an error in the facts i stated then feel free to point it/them out. i sold this turkey a long time back and moved on, but hope by a very occasional post to ensure that new suckers are in short supply. i have no need to be embarassed as i do not pump this stock (and i use the term stock loosely). with the exact right procession of events this season NSMG might crack 1 cent a share for a day or so, jusy enough time for the pumpers to bail with a few bucks. the real shame is that with a competent management team this company could have avoided disasterous business decisions that have effectively rendered it bankrupt. NSMG does not enough money to make money, is deeply in debt and diluted beyond homeopathic standards.
weather forcasts are irrelevant to the future price of this stock. weather last season was busy and had no effect on the price (or revenue per their "report") of this stock other then the usual few thousands of a cent pps manipulations of MM's. this stock is simply the decrepit remnant of an already exposed pump and dump scheme. there are plenty of NYSE and NASDAQ stocks that are absurdly cheap at this point for long term holders. why anyone would trifle with this garbage is beyond me when so many bonafide companies are rediculously oversold. put your hard earned money into legitimate companies if you want to invest. JMHO.
absolutely ! good luck.
well, I appreciate that you intend to capitalize on a few thousands of a cent price swings, and hope your plan actualizes. Unfortunately, the latest quaterly is a disaster and the reported major revenue reduction in 08, after a busy storm season, indicates a thoroughly incompetent management team that pays themselves fairly well and accomplishes little else. If nsmg were a human it would meet the crieria for a cadaver and would be having its body parts sold off.
well, i have bottom surfed financials ( i figured the big hogs always get fed = C and BofA for a tidy nice profit already)and some commodities last two mos and also did some recent trades for 10K of F as a long trade. I also have long positions in solar and some some recent nasdaq trading(intel/msft/csco) as another long position. Most of my portfolio is spyders and index funds (which i expect to rebound) apart from what i have mentioned and some "a" and "b" bonds are starting to look very favorable considering zero interest t bills!! nsmg is the only penny stock i ever traded. I have found the stock easy to buy and hard to sell, no matter what cycle we were in. I averaged down this year but just got in too high originally. up two or three cents per thousand shares does not get my blood moving and I do not believe it will ever see 6 cents without at least one strong quaterly and a great deal less debt. As i said in my last post, lesson learned. I retired comfortably at 55 so my savings and investments have done me, and the misses, quite well over the long haul. Again my best wishes for a great Christmas and happy, healthy New Year to all.
i called today and a very nice lady told me she had no info on when their quaterly report (7-8-9) would be out.....and also she had no idea when anyone in mgt would be back in the office! granted, it is christmas week but it just does not feel right that there is absolutely no info coming out of this company and no 1/4ly or ANY news about how storm "management" went this year. I hope the pps makes at least a partial recovery over the winter, but i would not sink anymore $$ into NSMG and hope all new investors do better FUNDEMENTALS analysis then I did when I accrued 40k SHARES over 2 years. I did learn alot about NOT (as in never, ever) buying penny stocks from my nsmg experience so it was not all for naught. Happy Christimas and a prosperous New year to all !!
two cents gross profit per thousand shares ??? geesh.
good luck with that. hard to have much confidence with no 1/4ly, their website mostly defunct and listed phone does not work - but it's your $$$.
and the phone listed on their website has been disconnected. they are all probubly hiding somewhere in south america. wonder why it mis still even trading?
"With 129.15 million shares outstanding and 31,300 shares declared short as of September 2008, there is no longer a failure to deliver in shares of NSMG. According to quarterly data provided by the SEC, there were still 3,960,716 shares of NSMG that were failing-to-deliver as of November 6, 2007."
so much for the stock rising after the mean naked shorters covered...........
checked "financial statements" on their website for overdue 1/4ly. got the msg "this page does not exist". geesh.
your probubly right - not like it can fall much farther eh?
if they ever release their 1/4ly we may have an inkling. they are traditionally late getting their calculators to add up all the cents.
they already are cheap
est morte - should rename it to Lararus inc. nothing short of J.C. could bring this turkey back.
ditto Merl. of course, with so many crooks on wall street, i doubt the sec will ever get around to a penny stock scam.
well, i figure the stock is so close to effectively worthless at this point that holding makes more sense to me then bailing at a steep loss and the tax write off does not do much for my taxes. so what the hey, in for a penny in for a pound at this point. i have strong faith the stock price will not sink below 0.
:-
holly cow - it finally made ZERO on microsoft home page finances.