CAVEAT EMPTOR, the new JBII NASDAQ,
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They will not be paid off shortly. There are billions and billions more shares coming and even if they could pay off some of the debt they pay a 30% premium so it is in their interest not to pay it off. Alongside that more debt will be issued soon as they have no cash to pay management.
You need more shares, in fact you should mortgage your house and put your whole life savings into NGBL. Especially right now before the stock loses another 99%
No, actually not. IT DOES NOT MATTER WHAT THE PRICE IS THE HOLDERS GET ~50% OFF. If the share price hits .0001 they get shares at .00005. There is no floor to the debenture.
They are floorless convertible debentures. Anyone who is not mentally retarded has read the SEC filings and can see that the price does not matter. The price goes lower and the debt holders then get more shares it is based off of a percentage with NO FLOOR. As long as there are idiots buying in the secondary market the CD holders make huge money.
You have no idea about what you are talking about.
That is a fine and diplomatic way of saying "you can't fix stupid".
It does not matter what the price is to the note holders. When they do a reverse split it will be just fine for them as well. The only folks who suffer are the fools who buy stock in the secondary market.
Your expectations are way, way too high.
If you don't understand why you most assuredly should not buy a grey sheet.
doesnt take a genius to do the math
No it does not because no math is even needed. Anyone with more than a grade 3 education can find there is no short interest and no significant fails to deliver.
There are still a billion or two so plus shares ready to hit the bid. You really should read and understand the SEC filings. The company will sell more debt soon and increase that number as well. Which means even lower prices and even more shares then.
I honestly don't know how many times the concept of floorless convertible debt has been explained here...... Anyone with more than three brain cells who actually believed in the company would wait for company success (if that ever happens) and as well the reverse split before buying.
Don't worry as the lower the price goes the bigger the dumps. We will see daily 10 million plus dumps in the future.
There are already another ~2 billion shares already out that have not hit the market yet. With more to come as they need more cash. YOU REALLY SHOULD READ THE COMPANY SEC FILINGS AS THAT IS WHERE HE GOT THE INFORMATION FROM.
If it was not for the two week lock up deal I would have for sure won the contest as the stock price would hit .0009 by May 20th.
I cant fix unenlightened arrogance.
We can tell that as Janice has been trying to help you for a while. She has probably forgotten more about penny stocks in the last month than you know.
I don't think you have any understanding of what happened. It is not something secret or hard to figure out. That is why you need to buy more CRGP!
Invest your life savings! Then when Dick Hedd lets loose the icecream news, WOW!
Connect the DOTS, Dick heddle, Dickie Dee ---> https://en.wikipedia.org/wiki/Dickie_Dee = Dick Ice cream = secret soft serve process. BOTH in ONTARIO (notice all pictures in wikipedia article are from Ontario!!)
A FULLY Operational $PTOI P2O processor that produces ASTM Certified Fuel from waste plastic.
It might be a good idea to actually read the SEC filings as the machines have not been operational for ~3 years. As well it can only run on plastic that is recyclable so worth more than the fuel that can be made with it.
They would never have made anywhere even near 50 million from pumping this scam. It is a pretty low level and not very sophisticated, so there are not enough people stupid enough to fall for it. To make 10s of millions you need a big board stock. Then financials and a story that are actually plausible. 3 million is a windfall for a non-reporting scam with financials that a high school student could easily see to be fraudulent.
Vinny's sister scam PNPL just got suspended.
Remember folks, put in your stop losses for this turd at >.0009 to help me win the contest!
The noose tightens on Vinny the criminal!
A person left a half eaten cheeseburger in the safe on top of the documents relating to the catalyst, so it has been lost forever.
Be sure to set your stop loss at .001! It will help me win the contest when the share price taps .0009 by May 20 It is better than the big fat zero that the stock is worth so it will save you money as well!
If you wanted to sell 100 000 shares at .04ish it would be stupid to crush the bid if you think there is enough interest as you would only get .03 for a good portion of the shares. The seller realizes there are dumb as shit people who will probably eventually pay the offer. The person is probably right as well.
Good thing the CEO is honest and not a lying, scamming POS penny stock operator.
Oh yeah, but why do all those statements not jive?
Lucky for him this is not the real world because if his shareholders were not sheep he would have been sued into oblivion for the lies and lack of disclosure. Any listed stock CEO who did this would have his head taken immediately and be in court.
Why would anyone call Dick Heddle to fix the machine and run gobs of plastic and produce oil and such...when the priority is to sell machines...
Uhhhh, because trying to sell a broken product is pretty much impossible. When you can't even show someone the machine or even keep it running yourself only a complete and utter shit for brain moron would even consider buying it.
It is all about the ice cream. When CEO Dick heddle. erupts, well....
Game over shorty, it is soooo long.
So you were hoping suckers would buy on you lie about it not passing? Pretty sleazy, almost as criminal as the people at MDBX.
10B shares didn't pass.
If so they will be declaring bankruptcy in the near future. Between the wells and the lawsuits coming from the toxic lenders the stock is 101% toast.
It is kind of silly as 99% have already gotten wiped out by this scam. They should update that.
Anyone who actually trades will know it is a lie.
All that bullcrap research you guys tout on here means nothing to a chartist like me. I hit it and quit it. Chart says bullish move coming, regardless of what your rewardless research says.
Funny how history shows your charts to be useless shit and our "rewardless research" has been dead on correct.
When there are millions of dollars in debt that converts at a ~50% discount only a complete moron would buy. There is a reason why they are bumping the A/S to 10 billion in a couple days.
I'm ready for Friday to see how this meeting goes..
What are you expecting to see? The only thing of note is that shares will start flooding the market in a big way again next week.
You can sign up for PACER and the first 15$/quarter year of usage is free (.10/page)
where do you get this 1.6 billion share figure,anyway?
Once again, it is in the company SEC filings.....
Uhh, read the SEC filings? That is what they are there for. Sorry but everybody else does know this as it is plain as day.
including inheriting all this toxic death financing,
Complete and utter lie, he did not inherit it he did tons himself. He has been with MDBX/NGBL for a few days short of a year and they have signed off on tons of toxic debt in that time. All the debt before his time is long gone as it is only 6 months before it is converted and dumped.
Nobody shorts low/sub penny stocks. Under Reg T you have to put up 2.50/share in margin so it becomes a worthless idea. You can make more money in a savings account with zero risk.
May 20th