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Good answer.
Do you have something to back that up, such as an article or something?
I think they would be cooking their own goose if they did that.
What is your sale price?
Maybe I am missing something here. The company says that they want to purchase or merger with a lot of other companies that may involve billions of restricted shares so they can ultimately get the share price closer to a penny or maybe higher.
You are talking 25 cents.
What am I missing?
It can't be realistic except for some unforseen discovery like a 10000 pound slab of gold or something.
Still thinking this will tank at maybe .002. (Give or take a couple (.00x's)). At least where we stand now, as we don't have any other news right now. But on the bright side they said there are suprises:)
I did the same thing. Look on the bright side. We still have half of our shares for whatever the price goes up to. Hindsight is 20/20. It could have gone any way with the merger. It probably was a prudent plan to do what we did. In fact if faced with the same circumstances, I would do the same thing over and over again as I do not have faith in penny stocks any further than I can throw them.
I think the end of October was 3rd quarter results, so I think we would be hearing something toward the end of January on this (for 4th quarter results).
This stock will go back to .0001 if the merger does not go through. It looks like a snag in the negotiations that should have been ironed out already, otherwise why would they have said at the latest. This is sounding like a typical penny stock.
Add to that, they want to increase the cap to acquire more businesses.
Sounds like they want us to finance more of their escapades.
Like I said before, I still have a postion but it is half of before. I am done with playing games and taking precautions so I have at least some of the money I put into this thing. Maybe it will work out, but the IF just grew larger.
When it went up to .30 cents, wasn't that because of a reverse stock split and not a run?
This is not atypical of NWTT. Look at the history of them following through. I thought for once I would give them the benefit of the doubt. NOT. I still own shares, but not as many after what they pulled at the table today. It seems they just want to continue to play some kind of game with investors.
The merger itself will push this much higher. This is GOLD FEVER:) As far as the license, your guess is as good as mine.
Try it and find out. No one here is a psychic. It is expected that a merger will be completed, today or Monday. So the expected result is a lot higher than .0004. So the expected answer is you will make a lot of money buying in at .0004.
Where did you see this news or are you speculating?
Just because the 15th is the latest doesn't mean it will happen at the latest. I think when companies make predictions or forecasts, they should do it conservatively, then it always turns out better than expected rather than dragging to the very end or maybe even later than expected and creating disappointment.
I finally put two and two together on your email. You are right.
The merger may have already occured and they just need to get the PR out. Hoping the PR comes out immediately though. Lot of people waiting:)
They could post it on Saturday, even though the market is closed.
The things that makes me cautiously optimistic is all of the other announcements that NWTT did that never materialized.
Is this just going to be another one? I certainly do not think so, but it still is in the back of my mind from all of the other news that never materialized.
I would have MUCH more confidence in this company IF there is an announcement tomorrow as I believe that when you say before a certain date that is exactly how it is before that date and not after. TOMORROW WE SHALL SEE:)
Put me down for 2204445
It had better not. They need to at least make an announcement by the 18th at THE VERY LATEST. Otherwise they are JUST playing games with us like they did with the paint company.
I just hope these people from NWTT are people of their word and will have a finalized merger by Tuesday, January 18th which incidently would be 3 days late and a dollar short of what they stated (January 15h). If they don't have news by the 18th this stock will go the other way a lot faster than it went up.
Let me get this right. The 15th is the Latest that the merger will be announced. So, since the 15th falls on a Saturday, where the market is closed; they NWTT get until January 18th to post their merger.
To me that is a little misleading as the 15th is the 15th. The latest the merger should be announced is tomorrow, Friday, January 14th.
Will close much higher if the merger news is announced today.
One way to look at this without getting too much ahead of yourself into the future.
Is hype being created: YES
Where is the price: Not too many ticks from the bottom but a lot of room to go upward.
Are there others here who want to pump: probably somewhere
They have shares and want to help get this price up to make money.
Are there others who are over greedy: YES - a good thing as they will want to keep coming aboard to make money. This alone without the pumping will get the stock price up there with the news that is coming.
If you are not too greedy and have come/will come aboard in the .0002 - .001 range, you should make money. IMO
You must think this is a scam also or you would just let the stock take its course. There will be buyers. I have seen the mention of gold in several different companies and for some reason they also shoot up into multi penny land. Add the surprises that will be announced and this has great upside potential.
And why do you think the next PR will not meet expectations?
Whose expectations?
Personally I don't think I would plan buying more .0002's before the reverse merger?
.0001 is extreme and so is .25. However .005 + IMO is not extreme.
What is your point. This stock is undervalued. Someone emailed about Google (goog) which had a par value of .001. Do you think that should be going for $600 + a share.
This is undervalued.
Simple mathematics. They buy in at low and sell high just as we do; only with more shares. You are not looking at the low end of things (.0002 to .0003) but much higher per share value. This spells out to a lot more money than $6000.00.
Hey,
First of all you should get the math part right.
The numbers should have one less zero like .001, .002, .003, .004, .005 and so forth. You will not see too many people selling at .0004 or .0005.
This stock will go up too quick past .001 for them to even have a chance if the sell order is not already in.
I am in agreement that we will not see .25 now. If gold starts getting into more PR's I am in agreement (long term for .25)if gold findings are made.
Realistic short term IMO is .0012 up to .0025. with other news right around the same time as the reverse merger (surprises which NWTT has attested to - a couple of them on the way), we could see pennyland even in the short term.
Another unrealistic and mythical expectation. pure pump and dump here. anybody believing that anybody here is holding past .0005 much less .05 is not wired to tight. this stock has been pumped for so long that folks are just waiting for it to go to .0004 and .0005 to dump for their modest profits. whenever you read "set your limits for..." outrageous numbers like pennies for a stock like this, you can best bet those same folks are selling for .0001 and .0002 ticks. caveat emptor here.
I do not think it is fake, I think there are a lot of people that like that 50 percent to 200 percent profit, based on whether they bought at .0001 or .0002. It is irritating, but I hope they get left in the dust once this starts moving and I hope there is enough news and or suprises to sustain a long run.
If you are basing your statement on last July's run, you are seriously mistaken. Last July's run happened on speculation of a merger. The real merger (especially with gold concerned) will cause this to run much harder and longer. Call it gold fever:)
Once it gets going it will be like a freight train (very hard to stop):)
Then why are they saying a couple of days? Three days ago.
These couple of days occurred already. Three days ago it was a couple of days. Friday it was a couple of days.
What constitutes a couple of days to this company.
If we say couple of days every day, that day will NEVER come.
What is your sale price?
A day or two. I do not think a week away.
That I could believe but there still would be some fillins between .0005 and 25cents. That was my point. If people are selling at .0005 now, I would think more would sell at .0006.
They can put the for sale sign at whatever they want after the market. There are plenty of people who would sell their shares for .0006 right now if they could. The sale sign you are seeing means nothing.
Thats not that far from my sister's place on lake Sherwood in Nekoosa. I live in Jefferson, Wisconsin about 30 miles east of Madison. (close to Fort Atkinson, Johnson Creek, Watertown).
If we knew that, we would ALL be millionaires.
I think with continued good news, and some suprises, that NWTT attested to, this thing could spike to pennyland if they go about it right.
How high is a question I do not think anyone could tell you.