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If those other two bids fell right behind the high, NITE would move out to $2.25 IMO
IMO that wasn't a real wack - just NITE doing what it does because there is no stock out there. If 5-6 orders came in to buy within 5 minutes of each other, this would be over $2 because NITE doesn't have any stock, and it can't let volume be sold because it can't fill - they have been playing the electronic version of the paper chase - book out, book in entries. Thats why it could;t fill the 3,000 share BUY last week at the ask. Too much stock they know they can't cover in the market.
Probably false bids by NITE and its Cohort. They put those recent 1.74's to themselves at $1.60 to make .14 a share. Thats what the MM's do. Nobody is selling anything except maybe a few 100's who are playing the bounce, but no real volume. Thats why NITE couldn't fill that buy at the ask the other day for 3,000 shares. It won't extend itself that much on this stock.
NITE is really the man behind the curtain - PAY NO ATTENTION TO THE MAN BEHIND THE CURTAIN - because we all know its DOROTHY that tells the wizard what to do. I wouldn't pay too much attention day to day whats happening with the stock price right now. Its more important that the CEO delivers and accomplishes what she has said she would like to accomplish. The stock price will follow.
So investors need to gap up the bid.
I like reading between the lines of this CEO's reports. She softly telegraphs everything she intends to do, and so far, 100%, she has done what she says. I agree with the OTC mentality, but this stock acted quite opposite many people thought it would after the split. It went up and continues to go up - slowly and steadily and that attracts real investors, mostly longs. Then add in you have insiders buying after the split, and that news appears imminent from the CVS program, things could shape up very nicely.
Yea. They will knock it down .05 to make a few cents. Trying to scare sellers. They are just playing with themselves.
Actually, if you are following the company, no. Its not. Its about support, and buying right away doesn't always mean support. I am SURE we will ALL KNOW when the support arrives.
Creating controversy and illusory strife will continue to produce NO VOLUME and NO ONE is selling. And I guess what the company said it wanted to do - stop the game playing - has been fulfilled. LOL
There are plenty of companies on the OTC with billions of shares in the float - go play with them. There is a real reason its not trading volume......yet, and I am sure it will be revealed shortly - not the typical OTC day flipper reasons either.
Usually, anytime there is a "penny" in a posters username, its NOT good for the company. No trades in this case, with usernames that include "penny" on this board, is GREAT news!
Maybe the company is focusing on business which in turn, if positive, will have a positive effect on the market. Most holders are long, only a few posters want to see instant results now. I believe the company is moving positively in the right direction, whether you hear about it every day or not. And I agree, no sellers is good right now. No one is selling or dumping, because there is nothing to panic over. No one is going to beat someone else out for a few cents here. Most of the shareholders know that.
I bet that's all coming
Trying to create volume
Patience young Padawan. The force is strong with this CEO.
TO ALL $RXSF - read the filings and news for yourselves. DO NOT rely on anyone else's interpretation of the disclosures made in those filings, good or bad. Pay attention to the press releases and compare them with what the CEO has said she is going to do. She has been delivering on every single thing she has said she would do since the end of the summer. She also has an OPEN DOOR policy, so if you read something critical of the company, whether blatant or by inference, call Lorraine Yarde, speak to her directly, and you will learn the truths. Her number is at the company website at http://www.rxdrugsafe.com She returns every call and is eager to answer questions.
The company is emerging from a R/S apparently UNSCATHED. They company had its designation "D" removed. The company was approved on its uplift application to the QB. The company just started its sales program, and its with CVS and the CEO already announced initial sales through that program. The CEO announced to have a plan in place by the end of the year to resolve any remaining convertible debt. The products are real and are being sold, the technology is current and in use worldwide, and the market are multi-billion dollar markets within healthcare.
If you see something you don't understand, or if there is a post that seems so opposed to the majority of information put out by the company, call the CEO and ask her why. She returns every call and is eager to speak with shareholders and those non-shareholders that may have questions about the disclosures or other topics.
Well, that other REAL biometrics company tried reaching out to NXTD execs, and no response from what I am told. Like I said, ego's will prevent this company from reorganizing, saving, and quite possibly improving shareholder value. Didn't realize Gino and David own more than 50% of the stock between them. That would be a deal-killer anyway.
TO ALL $RXSFD - read the filings and news for yourselves. DO NOT rely on anyone else's interpretation of the disclosures made in those filings, good or bad. Pay attention to the press releases and compare them with what the CEO has said she is going to do. She has been delivering on every single thing she has said she would do since the end of the summer. She also has an OPEN DOOR policy, so if you read something critical of the company, whether blatant or by inference, call Lorraine Yarde, speak to her directly, and you will learn the truths. Her number is at the company website at http://www.rxdrugsafe.com She returns every call and is eager to answer questions.
The company is emerging from a R/S apparently UNSCATHED. They company had its designation "D" removed. The company has uplisted to the QB. The company just started its sales program, and its with CVS and the CEO already announced initial sales through that program. The CEO announced to have a plan in place by the end of the year to resolve any remaining convertible debt. The technology is current and applicable, the healthcare market is huge, and the CEO has done everything she said she would do.
If you hear something that doesn't make any sense to you, call the CEO. She will tell you exactly what is going on.
Here he comes again, right on time, and reciting archaic facts again (from 10 years ago). He has no idea what current sales are and everything he points out is what the company already disclosed and most of which is old news by now.
Nite is hoping to sell that 650 block now that it just got 1000 shares to make 3 cents per....or did it actually? Seconds before the close? Just like its fist sell into the bid at 9:11 this morning before the markets opened?
She has done what she said she is going to do. That's called performance and execution. Unlike 98% of all other OTC CEO's
Forget about the bear, there's no stock being sold or to be sold. IMHO. Don't let NITE fool you. There was an order in Friday at 1.60 for 3000 shares, and NItE wouldn't fill it. So THST alone tells the whole story. Until the bids stack up and push the ask up, it will be back and forth for 100 shares.
Yea, that's quite possibly where she is going.
It's NITE. They can't fill any volume orders so they will probably put up several 100's then knock down the bid to fill. We do need some volume. Really, just more eyes. No one knows about this one.
SmartMetic is now in talks with card issuing bans from around the world concerning the issuance of its advanced biometric fingerprint activated credit and debit cards.
Definitely, sale was pre-market at 9:11 so they wanted to make sure the first trade looked like it was a hit instead of a pickup.
I know thats just your opinion, but maybe a sticky is warranted.
Please correct the news out this morning - it says SMME is in talks with BANS instead of banks.
Exactly, no sell outs!
Powerful!
Because most institutional lenders want variable rate convertible instruments at steep discounts to market - otherwise known as death spiral funding. But when a low float company is properly funded through say a PIPE financing with a venture firm a company can avoid the typical "Institutional investors" and quite possibly enjoy great stock performance.
The best thing shareholders can do is request your broker to route the shares through new market makers. Avoid NITE, CSTI and CDEL.
What is a Stock's "Float" And Why is it Important?
company stock float - stock certificates floating in the airWhat exactly does it mean when people refer to a company's "float", and why might the size of a company's float have a direct impact on how the stock trades?
First off, what exactly is a "float"?
To understand what a float is, we first need to explain what "shares outstanding" mean. "Shares outstanding" are the total number of shares that a publicly traded company has. These include shares owned by insiders and large institutions, plus "restricted" shares and the float.
The float represents the shares of the company that are "freely" tradable. Meaning, the shares other than those held by institutions or other owners totalling more than 5% of the company, restricted shares and insider holdings.
Let's take a look at a real world example. Simtek Corp. (SMTK) currently has 16.51 million shares outstanding. If you multiply the number of shares outstanding by the current share price ($2.81), you are left with a total "market cap" of $46.40 million dollars.
Now, Simtek has 10.31 million shares in its float. This means that after backing out shares held by owners that total more than 5% of all shares, restricted shares and insider holdings, we are left with 10.31 million shares. This is the float.
Now why is the "float" important?
The smaller a float, the more volatile a stock can become. If a stock has one million shares in its float and announces really good news, the share price will soar due to their being hardly any shares in the float. If there are hardly any shares in the float, this means that shares are harder to buy and the price to buy shares will go up.
If a stock has a really big float, this would mean that the stock is prone to less explosive moves. A stock with a float of 100 million shares won't rise 100% in one day, but a stock with a float of 1 million shares could.
NOW, imagine a 250K share float
RXSF up 25% after 200 for 1 reverse stock split. Just started trading on the QB friday. Only 250K shares in float, 1.4M outstanding, and has the HOTTEST CEO on the OTC!
Check out $RXSF. Low float (about 250,000 shares) and only 1,400,000 shares outstanding. Reversed split 1 for 200 over a month ago and is up 25% since the split. 86% insider long term holders, just approved and now trading on QB - fully reporting, fully transparent, and a HOT CEO.
It's actually extremely accurate as well as expressing opinion as to events directly related to the company. It's actually the deletions have been quite selective since TonyO, who was one of those people who acted less than favorably to the company, became a moderator. I have already reported his selective deleting. Let's wee what the Admins actually do about it.
TO ALL $RXSF - NOT OFF TOPIC - VERY RELEVANT - read the filings and news for yourselves. DO NOT rely on anyone else's interpretation of the disclosures made in those filings, good or bad. There are elements here, for whatever personal self gratifying reasons, do NOT want to see this company successful. Could be jealousy, could be greed (betting against the company) and they have been cherry picking aspects of filings, just like the liberal media does with Donald Trump, to promote their desired results. Could also be personal vendetta's against other IHUB posters (which there appears to be a documented history on). Those people do NOT have your best interests at heart. Pay attention to the press releases and compare them with what the CEO has said she is going to do. She has been delivering on every single thing she has said she would do since the end of the summer. She also has an OPEN DOOR policy, so if you read something critical of the company, whether blatant or by inference, call Lorraine Yarde, speak to her directly, and you will learn the truths. Her number is at the company website at http://www.rxdrugsafe.com She returns every call and is eager to answer questions.
The company is emerging from a R/S apparently UNSCATHED. They don't like that. They company will have its designation "D" removed shortly, they don't like that. The company should be approved on its uplift application to the QB any day now, and they DON'T like that. They don't like the company just started its sales program, and its with CVS and the CEO already announced initial sales through that program, and they don't like that. The CEO announced to have a plan in place by the end of the year to resolve any remaining convertible debt, they don't like that. They don't like the products, they find fault with the technology, they don't like the markets, and its obvious they don't like her.
All you hear from them is doom and gloom, and they have absolutely nothing to back themselves up except remote references from 10 years ago. As yourselves WHY they don't like the progress, or even acknowledge it. You will certainly find your answer there. And if you don't, call the CEO.
Yup, I see it just as you do Pitt. I think the BIG issue is lack of controls and security when dealing with controlled substances, and thats both at home and at healthcare facilities. And while there are a few narcotics safes out there, I can't find another company that has such a wide focus, yet narrowly tailored use of technology that can make such a big difference. Based on the prior disclosures, looks like the company and CVS are taking steps to introduce the safe product to consumers. You can already buy it at the CVS.com website, and according to the disclosures, an in-store pilot program is coming. May be news on that soon I hope. The way O see it, if promoted properly, the in-store pilot will grow to a national, on the shelf, program. Even 10 safes a store is 77,000 safes. Not sure what the CVS price will be, be if it gets that far, and assuming a $75 price to CVS, we're talking about a $5.7M order, and that would be for starters. Just a guess, and keeping fingers crossed. We'll see how it pans out. And thats JUSt CVS.
Basically yes. BTW, saw another board you are on, RXMD. Interesting. Do you know anyone there? PM me.
Needs to get its shareholder equity up as well as stock price over $3.00. Maybe it should look into doing a deal with a medical device company. hmmmmmmm
MedSafe was the first version of the Rx DrugSafe that was market tested in 2009. Take a close look at the logo - see the blue/red cross? Rx Safes, Inc. acquired all of the assets of another company - its all in the filings. That included all technology and the actual safe designs as well. Same management too. The safes were rebranded Rx DrugSAFE. Good sleuthing.
And the information about the "woman" in Tennessee is incorrect. And the company you refer to was just the marketing company for that product in 2009.