Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree with Z-Money, though truth be said. It is possible, but not probable that the pps could stay the same or even go lower with the right conditions.
Market Cap is what investors think the company is worth. Company Value is the combination of all its assets minus its liabilities. The company can start showing income and it the dept keeps increasing then shareholders and investors may decide that the Market Cap is too high or too low. In which case they may not buy at a higher price or may sell at a lower price. (Share price x outstanding shares = market cap).
That being said; NNRX’s stock seams to be poised to go higher when news of selling products again as well as there selling of Hemp by products, which should cause the pps to go up. When income starts to be larger than expenses that is when we will make a large move up (company showing a profit). Speculating in a company’s future value is what causes pps to go up and for the company to start showing income should cause speculators to buy which in turn should increase the pps. How high it will go without showing a profit is anyone’s guess.
Myself depending on great news/PR's are, along with the company showing income on all fronts, I think we should break a dime or better by years end. If things really click, just look where the other well known Hemp companies are trading at now and expected to trade at in the future, that are showing income and profits.
Nice close, solid .0003, first time closed at 3 for the week since January 3rd. We’ve had three closes at .00025 and one at .0002, since January 3. Good way to start off the month. Now let’s see .0004 for next Fridays close.
Since it doesn’t look like much is going on, seem like a good time to get some dialog going on where members think we will be heading and where we will be at by the end of the year. Sort of a one-year time capsule, we can look back on the end of December to see who guessed right.
Morning All, another Friday, “TGIF”. Sort of a lack luster week on trades.
Try this again, I’ll be a little more subdued this time.
Sort of expecting this month to be on the quite side for NNRX, maybe some news around the end (third week) of the month, with any luck. Think we could use some quite time on the trading so traders can take a look where we are going. I am going to sit back and reread all the PR/news since last November. The posts on the site seem to have tempered down some since November as well. At any rate I’m see a more positive view of the company over all so far this year. I’m really looking forward to the second quarter report coming out in mid March. Expect seeing a little revenue, along with the share count going up due to the restructuring that is taking place. The guidance for the third quarter will be the most telling as to the future of “NNRX”.
Not sure, where OTC gets there updates from, but appears that they should come out with something this coming week. The last three updates have been on a Friday, the first full week of the month, which would make it today. Guessing if nothing shows by the end of today, it will be next Friday. I’m quite curious myself on that point, I think it will show more outstanding shares, and more restricted shares as well. Just my guess though.
Liking what I see on the trades today. Not much volume, but it’s all buying the 3’s. No one is selling into the 2’s, trade sizes seem like normal traders buying for the longer run not day trading. Am really looking forward to the next news/pr release; Very curious to see if NNRX comes up with the financing to do the $3,000,000 in bio-mas buys they talked about coming up or have to refer them to a partner/buyer for some sort of a commission. I am thinking that we will be pleasantly surprise before the end of the month
Hoping to see that the outstanding share count did go up, would mean Bishop is getting things done. You have to spend money to make money. When you’re low on cash, shares is the next best thing to spend to see results. Also, the Market Cap hasn’t gone down, gone up if anything, which means that the additional shares are being off set with an increase in company value.
Like the level II’s this morning, lot of activity, close to 200mil on the bid at.0002 and not one is selling into them. Don’t really like see all the 3’s on the ask side, though there is 500,000 showing 4’s showing. Like to see more 4’s than 3’s, would give a better impression that things are moving up. Bid count gone up over 200,000 and Ask at the 3’s has dropped while I was typing good sign.
OTC considerers NNRX a potential shell company by there definitions. They have shown any income the last three quarters or more and at present are not selling any products. By that definition they are a potential Shell Company, therefore the Shell and Yield Signs will most likely remain until NNRX gets there new product line on the market and start showing income. OTC is just following there company guidelines for potential Shell Company definitions.
Same here my goal is also 20mil, have 17.5mil now. Your right about the Corona Virus, my regular stock accounts have taken a sizeable hit, and is still going on today, am keeping a close eye on them as well as the news. But I don’t think that is what is holding back NNRX though; I think most investors are holding off until Second Quarter Report comes out mid-March. It will most likely take amazing news or PR to move this stock before then.
Well “Z” & “Upline”, looks like everyone on this board has moved to Missouri, the “Show Me State”. Pr’s, News Letters, even the First Quarter Report on guidance for the companies’ plans are not moving the needle anymore, can’t blame them I guess. My self, I’m going to dig up some more cash laying around and try to pick up some more 2’s if I can, while there still around.
Morning All, the end of the week at hand, hope we finish on a strong note. With the filing of the First Quarter Report ending Oct31 along with the PR, should be seeing a News Letter coming out in the near future, maybe next week I would guess. Should also be seeing product for sale before Winter is over. Looking forward to a great February.
It appears that the selling into the .0002s has stopped around 11 o’clock. Let’s see what the rest of the day brings now.
I don’t know what people expected out of Oct. Q Report, dollar wise there was no chance of showing income for that period, none of the recent changes that have taken place would not show in that report. Reading through the highlights of the report was what was important. Bishop taking on a partner for over $500,000.00 cash for working capital was an important step, and giving him a line of credit for future expenses. The balance of which is what was showing on the books as cash/working capital ($100,000.00 +/-). What was the important part of the report was the guidance at the end of the report.
The Second Q Report(January's)should be more telling as to the status of the company and should show some income. Do Not expect to be seeing a profit is January report, expenses will more than offset any income. The important thing being is that there will be income, no matter how small, which will show the company is moving in the right direction.
As a side note: All of the selling into the .0002’s yesterday and this morning, could it have been NNRX re-purchasing the own options back at an agreed to price from the holders? 400,000,000 shares at .0002 only amounted to around $80,000. Just some food for though.
I agree with you 100%
Could you please explain how, other traders on this site would like to profit from your straggly. To make $4,000 profit you would have had to sell 40,000,000 shares at a gain of .0001 per share. To do so yesterday, where the sales were at .0002 you would have hade to purchase 40,000,000 shares at .0001 and flip for .0002. In recent history there has not been 40,000,000 sold or bought at .0001.
How can you be glad at loosing money, all the selling that took place yesterday was at.0002.
This is OTC's report for NNRX's Security Details
Share Structure, note the dates.
Market Cap
831,014
01/29/2020
Authorized Shares
5,000,000,000
01/03/2020
Outstanding Shares
2,770,045,449 no change since 10/31/19
Stock warrants can last for up to 15 years, whereas stock options typically exist for a month to two to three years. Therefore, for long-term investments, stock warrants may be a better investment than stock options because of their longer terms. It behooves the owner of a warrant to hold it for future increase in stock value, not to sale at a discount.
I am quite sure that a scammer does not sell into a 33% loss, the hole purpose of scamming/pumping is to make a profit not to lose 33% on a trade. Look and the sale trades 90% of them are a .0002, some pump and dump.
If this is such a scam as you state please tell me why on of the selling and been mostly at .0002 and below .0003. This is strictly traders covering shorting, and nothing more. If you read up on trading money can be made on both sides of a trade. They are covering there shorts so they won't get burnt.
So your just guessing with nothing to back up your statement?
I suspect the latter, some one is coverings.
I’m seeing a lot of speculation this is in some way a pump and dump. The selling that has been going on has been in the .0003 and lower. I don’t see how you can call this past PR that confirms the Q report as a pump and dump.
As for flippers, they will always be around. A change from .0005 to 0007 is still 30% profit as would be a .005 to a .007, all of which are respectable profits.
Also, the number of shares traded does not represent dilution, it is just shares from one person to another.
You cannot fault a one-tick flipper at these prices since one-tick means anywhere from 25 to 33% profit for them. The long-term buyers will ultimately set the share price in the end. There gains will be a lot more than 25 to 33%.
Could you please tell me what your definition of dilution is, unrestricted share count is the same as it has been since the first week in November?
256.7 mil shares traded by 11:30, now were talking volume...
This is a good day, the hole stock market is going up as well. All my real money is moving up as well. Soon I can call NNRX my real money as well, hoping.
.0003's are gone on the level II ask quotes
This board is waking up, nice to see new names and old names coming back with positive attitudes.
At present time the Level II .0003 is only 30,000 shares, no one is selling into the .0003 it looks like. Of course this will change when the market opens, it’s anyone’s guess where were going today.
BusinessWire, GlobeNewswire and PR Newswire News
Nutranomics Inc NNRX:OTC Pink - Limited Information
NutraNomics, Inc. (NNRX) Unveils New Label Design for Their Proprietary Nano Supplement Line and Nano CBD Product Line
GlobeNewswire
8:30 AM ET
via NEWMEDIAWIRE - NutraNomics is excited to announce the release of their new label design and the rebranding of its corporate logo. This change better reflects the company's novel approach and commitment to growing their presence and name recognition into 2020 and beyond. NutraNomics currently is reformulating many legacy nutraceuticals and the company is planning the release of a series of new products reflecting the innovative direction they intend to follow in the coming months.
The company is very pleased to have partnered with Pink Kitty Creative inc. out of Las Vegas, Nevada. Under the direction of Pink Kitty's lead designer and president, Victoria Hart, The rebranding and new logo design process went very smoothly and the NutraNomics management team is very pleased with the results. Victoria is all about designing brand experiences that move people. With a deep-seated commitment to delivering innovative solutions and stellar design experiences, she has built long-lasting business relationships with major clients including the City of Las Vegas, MGM Resorts International, Legal Aid Foundation of Los Angeles, Thrive Cannabis Marketplace, The Love Store, and many others.
NutraNomics desire to bring a scientific and organic look and feel to the brand was captured in Victoria's designs for the traditional and CBD supplement lines. "I felt it was important to capture the essentials of NutraNomics science-focused brand without losing the organic and plant-based nature of the product lines," says Victoria. "Creating an approachable and warm concept with an underl ying science vibe was the driving inspiration behind the looks we finalized for the traditional and CBD lines."
NutraNomics' traditional supplement line is being reformulated to take advantage of the company's approach to nano-technology applications. Not all formulas will benefit from nano reformulation but many of their current products will see a vast improvement by using Nano-tech. The first product brought to market from the existing line will be our new and improved Amazon Factor supplement, which will also benefit from complete rebranding, down to the name. "Once folks are able to try this formulation and fall in love with the results, we will lose them if they try to find Amazon Factor in an internet search," says Laura Riffel, COO of NutraNomics. "Amazon is the 900-pound gorilla in the search term that we simply can't compete with. Renaming of this popular product became the best approach."
Victoria's firm will be bringing new life to the upcoming investor relations site, www.NNRXIR.com, as well as the transition of www.NutraNomics.com to an e-commerce site.
I think we should exceed to .02 levels this time, with a little more good news. The last time we saw the double digits was a merger with a farm. This time there is complete processing from Farm to finish product with shelf space as well as online sales in the near future. Couple that with the sale of the by-product for use in making everything from rope to building materials. There could be a really bright future for NNRX, if Bishop can fulfill all his plans.
Morning All, here’s hoping for a Wonderful Day, but may take a little time for the word to get out. Will take a while for OTC to update there ratings as well as other sites.
We made .02 before, I’m holding out for .08 and more.
Any farm can be a LLc. all you have to do is put you wife as CEO. It is a simple way of incorporating, covers owners from many personal liabilities so they cannot loose there farms. Without knowing which state, could be anywhere, but has to be registered with some state.
Where are you looking? I wouldn't know where to look, no state listed for farm, could be anywhere from coast to coast.
Next week would be very nice. If not next week, should be some time in February we get some kind of good news.
As a side note I also like the statement: “Between November 25, and December 3, 2019, the Company, arranged for transportation and delivered 310,000 pounds of hemp under an arrangement with Merton Farms LLC. (new name first time I’ve heard of this company),certified to be 14% or greater in CBD content with THC content below .03% to a storage facility and ultimate delivery to a processor and distribution partner.
If we don't go up tomorrow i will be greatly surprised. tho, it may take a few days for word to get out about the report and for OTC to change the "YELD" sign and the "SHELL" risk sign.
Yes, the next reporting period ends Jan. 31 this year and they have till the middle of March to report.
As expected loss per share increased as expenses for the reorganizing of the company continues. Reading the last few pages of the report make me wish I had more free cash to invest. At present will have to sit on my 16 mil… The company has indeed purchases Biomass and is process it, and has financial backing through profit sharing partners, which relives the immediate need for cash for future ventures. IMHO, things are looking GREAT!!! for the future of the company.