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That last 42 mil trade at the close was on the bid side of the trade, wonder if NNRX is doing something and share count will be going up? That appears to be just one trade bought in multiple peaces, trade time was the same on all the trades. Amounted to around $38,000 that was traded at one time, did NNRX make some kind of purchase???????
Looks like most of the weak hands have sold out and the rest are holding tight. It does make for a positive outlook ahead, just a little news to keep the interest in and eyes watching in the background.
Good accumulation day for the small trader, on low volume, Good Luck to All.
It looks like the majority of traders in NNRX have settled down and made up there minds to wait for some real news. We may drift up and down a little, but the real moves are waiting on real news one way or the other. I would have though that there might be a little move up this morning, guess not.
Traders will have the whole weekend to chew on “sin vester” post. Like that he posted on other sites as well good move, Monday’s trades could move up fast.
Good find, like the date on the letter, not an old letter. This is more signs that NNRX is actively working.
“Well something is happening and you don’t know what it is Mr. Jones”
Ballad Of A Thin Man
You must remember that OTC is an understaffed private company; updates to NNRX’s page on OTC will most likely take a while.
Don’t be too harsh on NNRX till the 4 Quarter filing, end of year, comes out. What has happen in the last couple months does not show in the filings that just came out. Just doing the filings shows that NNRX is still active in some form, next quarter report will tell. I would rely more on it than a PR, unless the news was really something outstanding.
"In limited circumstances, OTC Markets will consider removal of a company’s shell risk designation upon written request by a company."
OTC may not remove the shell risk symbol from NNRX, they have there own interpolation of what is considered a shell company. “The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings.” I would guess it will take another attorney’s letter to get pink again, hust like before.
P.S., There’s still traders out there shorting this stock and won’t give any kind of positive outlook. Others are riding both sides of the fence at the same time, as long as there is volume day traders will be there.
It’s human nature that’s why. The world we live in today has to have every thing now; this frame of mind rubs off on us all. Give you an idea of what patience is the first shares of NNRX I bough the ticker was still BUKA and I still hold the first shares I bought. Taking a page out of Warren Buffett’s book some stocks you just buy and hold. This stock has been around for a long time, the name may change along with the ticker symbol but your holding will still be there in one form or another. That is unless NNRX goes bankrupt and I think Bishop would sell out before that would happen. He may not be the best CEO around, but he's no dummy. As I said before the cows are still out in the field, haven’t run away yet and could still come home.
“Pink companies will need to update their disclosure to ensure they comply with the requirements and remain publicly quoted.” This does not mean the company will disappear, it just means that OTC will quite quoting it’s stock price, NNRX will still have an obligation to shares holders till they go bankrupted. Only at that point will shares become worthless. NNRX is doing monthly reporting to OTC by updating there outstanding share counts. I do not know what is considered the minimum reporting is for a company that has gone DARK by SEC’s standards are to comply with SEC’s “Rule 15c2-11”, it may be that keeping up with the outstanding share count reporting is enough to satisfy the minimum requirements.
Just some food for though:
In the past two months outstanding share count has gone up 772,050,930 that’s ¾’s of a billion shares approx 17% increase. Price per share has remained around .001 on average during this increase in share count. The share count increase equates to approx $772,000.00 dollars in two months at .001 cents per share, add to that the $200,000.00 that’s still in limbo and you have one million dollars that has been put into actions in the past two months. Bishop has to be doing something. I will hold my shares shares "till the cows come home".
Key word here is "should", it does not say must.
Very few traders base there trades on what is said on message boards. Boards are just an indicator of the amount of active attention a stock is generating and a place to start looking to do DD from because a trader can not be looking at all places all the time for stock action. There an old saying that holds pretty true for message boards. “Only believe half of what you see and none of what you hear”.
Some people need to give it a break, there getting boring, go short another stock for a while.
It appears that there could be a shorter posting today, to each his own.
You got that right. Every trade is a buy for somebody, the volume means as much as the side of the trade. And the volume is higher today, the trade action of the 25,000 trades makes me think nnrx or a partner is doing something, trying to hold the pps while buying or selling. If someone was trying to drive the price down the size of the trades would be higher, me thinks.
I’m glad there are still eyes watching closely to NNRX’s status. The 10,000,000,000 authorized shares are not new, this occurred several months ago. What is new is the additional outstanding shares of 373 million, approximately $373,000 give or take a little. How the additional shares have been used is the question, hopefully for something going on in the background. What I see it meaning (Bishop is still alive) and NNRX is still actively participating as a business. End of July is the year end and annual report will be forthcoming. Hopefully we will hear something well before then, but is does answer the question that NNRX is still an active company. This is a good sign even if there is no news yet.
Don’t be too surprised if Bishop has diped into the additional 5 billion shares that were authorized, shares are the only thing he has to use for capital unless NNRX has made some monies not reported. Does anyone know if the couple hundred thousand is still floating around from the failed purchases of hemp in the partnership that took place last year? I think it is being held on the books, not sure.
Well June is here. Let’s see what the month brings, a PR and some past Q Reports would be nice. I'm guessing outstanding share count will change, with Bishop using it for some business dealings.
Here’s wishing all a Great Memorial Day, looking forward to Tuesday’s action. Stay safe and have fun!!!
Both are the answer, with no news leading the way.
I see some SHORTS have moved in this afternoon, everyone has to make a buck I guess, no matter who it hurts. Seems a shame though.
Agree, I too believe something is going on. Even if not, Bishop will sell out before he lets this ticker go under. It is know world wide as a vitamin company and is interested in hemp market. I am sure it is on some companies watch list as a merger prospect somewhere and could even be on a takeover list as well. In any event I do not see this ticker getting put on a gray list or black list if there is such a thing as a black list.
I was hoping the 14’s would hold, to me it was a secondary resistance point (both up and down). Was hoping the decline in stock price would hold off for a few weeks longer while waiting for any kind of news. No matter what happens, I’ve held this stock for a long time and another dip to trips is no going to make me sell. I really can’t blame shares holders that bough cheep, (low trips) for selling there share, but do wish that they would hold for news, anyone making a profit I can’t think bad of because they don’t have the same belief me. Let’s keep the hope up that news will break soon!!!
Looks like a quite day for NNRX as well as the major indexes, hoping to see a little action into the market close. Hate boring days like this, have no excuse for not doing work around the house.
Watched the dog and pony show on news with banking CEO’s and the senate, what a farce total waste of time. Turned into a climate debate and business making to much money and not sharing it with the general public, turned into knocking capitalism not the condition of economy. Came across like government wanted companies to share there profits with the public not the share holder who invested in the companies. The important issues like national debt and effects of over government spending were passed over. Very few questions to do with banking.
Enough of my caring on, back to NNRX. I am starting to fear for NNRX stock price, which is steadily declining overall from the .0017 mark lately. I think with out news in the near future (weeks not months) we could see a drop back to the trips. I do believe when NNRX get’s current with Q Reports we will move up again to new highs, if there are some positive aspects to the reports. Not relying on NNRX for retirement, but would like to buy a class B+ van and travel for a few years and see the good thing and sites our country has to offer.
Thank you, It seams that no one under the age of 50, with exceptions, understands the proses of debating ones positions, now days it seams ridicule, self-centeredness and the decentralization to the new cancel cultural is taking the main stream.
Please do not take my comments as ridicule or mimicry. I am just stating my point of view. And, I am enjoying being able to debate points of interest about NNRX, without having to read comments of personal hatred pointed towards NNRX or Bishop. The best parts of stock boards is to state one’s opinion and debating ones positions, not snide remarks.
Not with standing the dubious spike to .0033 on May 17th, what would call NNRX not being able to close above .0017 for a high since March 4th 2019’ if not a major resistance point.
I agree with you, but sometimes I just can’t help replying to incorrect or incomplete comments that reflect poorly on the stock. I have invested in this stock to make money, not bad mouth it. There’s an old saying that my father taught me a very long time ago “If you don’t have something good to say about someone just don’t say anything” it saves a lot of grief in the long run.
Maximus stated he was not referring to NNRX in his statement which I appreciate, I had though he was referring to NNRX. The time lines MaximusP were referring to were meant for OTC and like organizations. OTC itself has been reported to SEC and is on SEC’s watch list, it is a private company and has standards it has to comply with when doing it’s reporting on other companies actions and stock prices.
Its major use is for a company to voluntarily delist it’s self from the Major markets and SEC more stringent guide lines and move back to OTC markets which are less strict. You are right in stating that it saves companies money, it reduces there costs in complying with certain SEC requirements, it’s more important reason is to allow a company more time to spend on company business and worry less about SEC's requirements also, a major benefit is from not having to reveal its current movements and actions to its competitors
Talking about Fibonacci Fan percentage set points crossing a fan line with out stating the start and end points of the fan and the dates you are using are meaningless. Stating a .25% and .50% on a daily and 60 min. chart, (hopefully a candle cart), are you referring to fan extension lines or retracement lines.
Fans are usually use to predict future moves either up or down to the point they may be expected to change direction on the run of a current stock movement either up or down. They are not considered very reliable on a short term run.
I was referring to the simple straight line graph of high points as shown on a Linear Line Chart which shows the monetary point that advancing stock prices hits resistance and start to decline, I was using a 6 month time line.
It appears form the action since February .0017 has set itself up as a major resistance point, sure would like to see it break above there and stay above it.
One finial question, what to you think it means when a company files FORM 15: Rule 12g-4(a)(1) and why SEC has such form and rule in the first place.
Be careful of how you word your post, SEC has personal that read post, and flags cretin ones for future use.
You are correct that “There's no indication the O/S has increased”, but; with the resent increase in volume in the near past, there is the possibility that NNRX has used some of the additional 5 billion shares authorized in Nevada to be working on something big in the back ground (mergers, purchase of bulk product, facilities or new partners etc.). One of these days we will find out what going on, I for one am sitting back with my shares and waiting. The world won’t come to an end if NNRX does not make it and goes under, put it will give quite a few investors a big leg up if Bishop succeeds in this venture.