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I know what I know. Believe it don't believe it. I don't ask anyone to believe or agree with me. What I am telling you is not something I made up.
The date of the new shares is the 17th. Whether or not FINRA obliges by giving them the new ticker is another issue.
Tomorrow is "supposed" to be the day when FINRA gives them the news....
Chili,
I am glad that Al has a fan in you, but until he actually does something with the property, he is no better than Frank...
The CE was only on there because he decided to not file via standard process. He does not then get credit that he got rid of the CE now....
There is no gas...just a meter...
The address is the Westmoreland Glass Factory that the company owns.
They had a trailer on-site during the Ranger Rick era when they cleared the field and threatened to sue the gas company for going on their property. That was back when there were thoughts that the land had gas.....
Al hasn't done anything for close to a year that he has been in charge. More of the same bs.....
That being said, stock has a lot of possibility.....
I doubt that Al will do anything, though.
I got an email just now from Stocks Impossible stating that are going to recommend an unknown MMJ company. Could it be CWIR/FNB???
17th is the day....that is the day that the shares on the new ticker are issued for.....but still pending FINRA.....just saying nothing could happen before the 17th.
If Banker is right, which I understand he is spot on with his DD, this stock will not be sub-penny but for a milli-second and will be hard to catch at .01+. If they really do go nationwide with the publicity and generate interest in the company, which will only help the PP valuation, the stock will, IMO, easily see .10+.
Can it go higher depends on the market's trust in MMJ businesses and the trust in FNB's business plan/approach.
Where is the annual report?
When value is recognized, this stock should fly on 20+ million traded. Remember that the float is 100M+...would not take a lot to move up..
Josey,
the late filing is an important mis-step and one that can be corrected. The true problem with NVOB is not the product, straegy, business plan, etc.
It is the whole public company communication and promotion. Every company most promote itself. Apple does how many commercials, public events, endorsement deals, for what reason? To be in people's minds to buy products and their stock.
Now, I am not saying that NVOB is going to do what APPL does, but, they need to step up their focus and execution in this area:
- Website is crap. I know that a new website is on the way, but they are taking way to long to get it done.
- Progress PRs. They need to show the speed that these "pilots" turn into more than that.
- CEO: Stephane seems to be CEO in name only. He has made no statement, nothing on twitter, anywhere about his company, anything to indicate he gives a crap about it.
- Share structure: I took TOO LONG for them to tell us anything about the share structure and they need to do a better job of making the whole thing crystal clear to any newbie that is interested.
This stock COULD rise, but they need to be more professional about their outward appearance. They are definitely not ready for OTCBB or NASDAQ.....
Those are "small" but important things that can go a long way to drive confidence.
Please stop assuming/insinuating that "negative" comments mean lack of belief or hope regarding the company.
Concerns are concerns, valid or not....and I invested believing in the company and would like to see them get the public side fixed sooner rather than later.
I have posted that fact months ago. I agree but that goes away if they keep messing things up stock wise.
LOL....nothing more I can say...
I did, but chose not to make a big deal out of it...waiting to see if they would say something/add clarity with annual report.
Granted this is not the annual report, but it is Friday and I want clarity. Clarity leads to stock stability.
So 400,000,000 shares were issued pursuant to the merger per the annual report.
300,000,000 restricted common shares were issued to Stephane
100,000,000 common shares were issued (we don't know why)
We have a Shareholders note payable for $513K
We have Net Cash from stock transactions for $684K
All of this needs to explained.
ANYONE SEE THIS IN THE REPORT??
PAGE 8
FINANCING ACTIVITIES
NET CASH FROM STOCK TRANSACTIONS $684,330
THAT NEEDS TO BE EXPLAINED.
I spoke to them today. Things are underway to get us info. To try and reverse this downward trend.
I reason to buy yet. TIMBER...she's going down!!!
Wow. That is a BIG leap to assume that they will get all of that work.
And that they will do all that work in such a short amount of time. Could happen but we are a long way from there.
Have you noticed that they have not announced an update on any client PR? What is up with Coors? It has been 3 months.
Here is a question....WHO KEEPS HIRING THESE PEOPLE?
ADAM
RICK
AL
Someone is hiring them, no?!
If there actually is news....this is BCND...a lot of hot air....
Look, I don't know when you got in the stock, but do a little research and you would know that the post-rs value should not have been 400M or 100M. They r/s'd and then added shares and did not tell us until NOW, 4 months later. People, including myself, were buying shares based on the expected rs value.
Next time you wish to respond to me, at least try to be civil. Not liking what I am stating is not cause for rudeness.
My point wasn't whether or not they have an extension.
My point was that EVERYONE was saying that April 1st was the big day....as each day passes, those that jumped on for the BIG DAY are going to take their losses and go elsewhere.
Those that have profits are going to sell and buy at lower levels (flip).
It is the way things work in the stock market, especially in pinkyland.
We also have a float that is 400M, A LOT MORE than it as supposed to be.
EVEN if you say the float is 100M, let's do the math,
$5M revenues * 50% profit = $.25 net revenue
$2.5 net revenue / 100M shares = $0.025
Multiplier = 20
$.025 * 20 = $.50
Their is NO WAY that this stock is worth more than .15 to .20 right now.
They screwed this thing up with the float...
Where is Edgeoc? Didn't he buy half the float a few years ago?
Anyway....IF they keep the float as-is and do anything real, which i hope they have actually been working on all this time, we could see dollars.
1,000,000 shares post r/s is now 5,000 shares
Assuming a purchase price of .0004 pre-r/s that is a cost of $400.
If there is real news, $2.00 pps is very easy to get to = $10,000 value, which comes to $9,600 profit.
Not bad.....
Guys - 10 days after the great D-DAY and no news? Was anyone expecting anything else to happen?
It will tumble more...bank on it.
Why? Because news is unlikely until late next week at the earliest based on what I have gathered.
I will buy in the .0014 - .0022 range...it should be there soon.
Our new legal counsel
http://www.linkedin.com/in/russelljthomasjr
IT IS REAL SIMPLE.
WHO KNOWS THAT NVOB EXISTS?
WHAT HAVE THEY DONE TO ANNOUNCE THE COMPANY?
WHAT HAVE THEY DONE TO TELL THE WORLD THAT NOVACAB IS GOING TO CHANGE THE WORLD?
WE ALL KNOW THE ANSWERS. NOBODY, NOTHING, NOTHING
STEPHANE HAS TWEETED ABOUT NOVACAB HOW MANY TIMES??? ZERO
HE HAS A NEW PUBLIC COMPANY, OWNS 300,000,000 SHARES AND ACTS OBLIVIOUS TO ITS EXISTENCE.....
Patience is important, but, as I have stated before...MIKE created the expectation...Mike seems to have plenty of time to tweet nonsense.
Time for him to be the CEO and recognize his shareholders need and deserve information.
Whatever....how about we are tired of DD having to substitute for PRs because the company is waiting, waiting, waiting....
All the paper progress and DD is fine, but no substitute to PRs and real progress....business, etc.
And I have started businesses, helped other launch and build businesses.....
Great stuff. However they have to make more than paper progress. Real business progress is needed!!!!
What has the company said or done???? They need to do and tell us something to get a market reaction.
Company still is CWIR. FNB is still a dream/idea.
Do they have any contracts/agreements to sell, distribute???
that should be their tagline.
"BCND - wait and see, one day we might actually do something"
Still no damn clue as to what, if anything, they plan to do....
Glad that AL filed the annual report, but what's up with no Forward-Looking statements?
Tomorrow? What is happening tomorrow?
Worrying about flippers is silly. Even if they make a few bucks, any information that can help people learn the potential or realized potential will only reduce the potential flippers. A lot of flippers stop flipping when they see that something big is going to happen....
And it brings new shareholders...hopefully new longs...
I am neutral about it because I have already flipped to a nice amount of shares....I am not even of thinking of selling until we get past .05.
There was nothing in the report though....or did I miss something.
It is not losing money but $1000 is not anything to get excited about...
what am I missing?
If you really want to get excited...here is a little DD homework, compare the list of company names to the Q3 2013 companies and see the difference/additions...