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It goes to character of the individual (Waldron) and also, the fact that he was going to merge his companies into NNRX would make them liable for half a million dollars. Yes, "potential" 100mm+ revenues were expected based on crop sales, but right off the bat the company would be liable to pay another company 500k because the new guy we just brought in cannot pull through on his deals... Not a good way to start a partnership. Just my take on it.
About how long does it take to change the symbol?
I agree, I just know there is a possibility it's going to take longer. 6k of Acreage wipe out after the deal fell through so that's not small potatoes. He has some a little bit of time to still acquire more land through leasing, purchase or partnerships... I wouldn't be surprised to see something PR'ed about that in the upcoming months, deff before May IMO. If he projected 6k acres of Hemp, he's not thinking small. What was beautiful about the partnership is it was shared revenues and the partner had the land already.. So I hope he can find another deal like that where he doesn't have to lay out any money for it.
Also, the original lawsuit was dated 2/1 but I am not sure if that was the reason the PPS dropped or, like I been saying it was insiders dumping once they knew Waldron was gone, like they knew the stock would tank. If you look at the chart, 2/1-2/7 ran up 200% before it came back down..
In the grand scheme of things, what a fuc*ing shame that this was the dagger that brought this back down from .02. Unreal. MOMO was on our side, it was the longest runner I had ever been part of and I really thought it would sustain the pennies once it got there. SMH
Getting back in most likely tomorrow. I like that now the damage is done, Bishop has too, and will move on. Going to observe how it trades today. Good luck today guys!
I agree the future will be better, but Bishop has some damage control to do. Might get a bounce today off a down gap and all the panic selling yesterday, and I stated NNRX is not done for good, but this Waldron thing is done... Trick is how soon is Bishop going to find a new partner? Getting into the start of the grow season very soon...
I believe so too, just a matter of when... Right now they have damage control going on.. They see what happened. They knew what was going to happen which is why I believe it was insiders who brought us back too the .003's... Then they dropped the bomb on us today to where we stand now. This may be rock bottom, may never see trips again, then again it may.. It's all up to how Bishop plays his cards. IMO NNRX is no where near dead, this is just a massive hit based on a merger that could have yielded millions in revenues, now they have to go into another direction and find reliable partners.. Here is what we can see from Bishop:
-Announcement of new partner (possibly with land like Waldron)
-Acquisition of land to grow hemp (although could be funded through stock which is why Waldron was so important, they didn't need to front a ton of money for land, it came with Waldron)
-Announcement of sales partners
Among others.
NNRX is not dead, just wounded. I am retiring for the night. Hoping to get back in later this week, early next week at a lower cost from where I sold to allocate even more shares.
G'night all
Although I agree, and if the deal fell through (IMO it did a couple weeks ago) it should've been announced sooner. But it's the OTC.. IDK what else too say. How many stocks run only to come right back down in this market...? A LOT, most.
Of course! Everyone is responsible for their own actions at the end of the day. No one should blame buying too high or selling too low on anyone but themselves. I don't think we'll see NNRX news right away, most likely not this week IMO but it's not out of the realm.
Good luck guys. I'll be watching
Ok, so the reality of being current is real.. That's promising.
One thing I wanted to point out, NNR* put out their current attorney letter on a Monday last week, it was official PINK Current by Friday last week. If it takes a few days for OTCM to make them PINK Current, I would assume that KRFG will be PINK Current Thursday / Friday. Just my take.. Thoughts?
No he was, that's the crazy thing. Someone asked me to post info last week on the website, he was on there. Later THAT SAME NIGHT, he was taken off.. Someone pointed it out to me which had me so perplexed cause I was on the website earlier that day and he was there.. He was taken off late last week... Wed or Thurs I believe. Hidden River and GenOne will be off the site too, they just haven't gotten too it yet, those were from Waldron.
Hahah sure is!
With all due respect.. These speculative posts are so ridiculous. They get called on every running stock. VY$T doesn't happen all that often. Not saying it can't but let it break a penny.
Yeah, I mean I made money.. Just turned into a huge disappointment. I hope from here I can still ride MOMO for a minimum of 100% gain but gotta play it out and see.
Yeah they disappointed me. It doesn't mean they're dead but I took what gains I had over here, if I can make a couple more bucks here I'll be happy. I want to see how this week plays out. VY$T I believe had a week dip after it hit a penny, then ripped and teared too .12 That's what I mean though, they never trade the same so the only thing you can hold hope on is the company. If this company is looking to get current, that is promising
Honestly at this point it doesn't matter... It was against Waldron, he's out. So it's neither here nor there at this point. If NNRX mentioned it in the newsletter as to why they parted ways, it's real, that's all I needed to know. I wanted to hear it from NNRX, and they pulled through on it even know it SUCKS
Also, it sucks because they knew about this... This wasn't shorting, although they covered on panic selling, this wasn't dilution, IMO it was insider dumping from .0195 considering it never regained traction so therefore this was known in house for over a week. All IMO but nothing else makes sense on how this was walked down.. Addressing it today was the final straw. Who knows NNRX might have bottomed out, they just got current and are working on other things. It's over as Waldron is concerned, but the stock is not dead for good. They have to instill confidence in shareholders again. Bishop will find another partner. I exited today to retain whatever I gained so I can watch it a couple days if it goes lower I'll buy back more than I had before. If it shows its going to plain off right here and trade .0012-.0015 level, I'll buy back in at this level... We'll see a PR within a month IMO
It was addressed in the newsletter so it's real. NNRX wouldn't have mentioned it had it been fake, and wouldn't have cut ties... As a matter of fact they would've debunked it.. I emailed IR the lawsuit and told them they really need to address this to the shareholders, if it was real or a hoax. I sent that email out yesterday afternoon.. The newsletter unfortunately mentioned it
Well I made an entry today. So hopefully within a few days I will too see some nice gains. If it doesn't hit a penny tomorrow, or Wednesday I wouldn't panic... Even if there is a red day. On NNR* run it ran up 400% from trips, then had a -30% day in between and continued to run run run to .0195, which I think at that point insiders brought it down by selling because the O/S wasn't increased, and they became current on their way down, the bleeding just wouldn't stop, no one knew why until today when they told shareholders the merger fell through.. Either way. All stocks are different and do not trade the same but CT is just doing what he does, nothing to fear there as long as you believe in this stock. IDK what to think I'm doing more DD tonight, hope I didn't get in too high but the next few days will tell the tale. GL all
.0195
NNR* was booming, he was there everyday. The stock crashed due to merger falling through. The O/S here is similar, a little larger, smaller A/S.. This has a float listed too where NNR* did not. During the run of NNR* it also had similar days to this on the run. It took a over a week to get to the highs, so the CT rumors and the 3 day run and it's over, is fake news unless the company backtracks on their announcements.
Because merging into NNRX would make them responsible to pick up the tab. That is my assumption. Hard to start something up a half a mil in debt that isn't even your fault. Also goes to the credibility of Waldron's character. Not good if this was hidden from Bishop before they agreed on merging. Kinda sleezy if you ask me.
For anyone who didn't get the newsletter, please see as per TheGuy:
https://twitter.com/oilfieldfalcon/status/1102666781993381888?s=21
Email IR if you want to be added.
ir@nutranomics.com
No, it was made up by a real email from NNRX and you would be on it too had you emailed IR and had them add you too the newsletter.
Hidden River came with Waldron. NNRX put out a newsletter themselves today right before the open.. It's over. (for now)
I made my exit today too... This really turned out to be a disappointment. If it goes back to trips I may throw some more money at it and hope Bishop can get something done soon, but I am not risking buying back in for a little bit.
What changed is the DRASTIC PPS drop. What changed is a merger that took place to allocate NNRX 6,000 acres of land. A lot changed, let's not pretend it didn't. This is Bishop hitting the reset button. It does not go back up without him generating something new, allocating land or something along those lines. What was good about Waldron is that he came with the land. If Bishop now has to find some on his own, how is he going to pay for it...? Most likely through the stock, unless he finds a new partner
No he doesn't. Do not say JP Hoffman, that is hired help. Which in fact that help is not needed at this point considering NNRX has 0 acres now instead of 6,000... So you really see them staying business partners?
No it's not. The whole point this even ran was based on a merger that was going to yield NNRX millions in revenue. It's over until Bishop can find a new partner.
Yeah it is. I am pretty disappointing. If it goes back to trips I may throw some more money on this for any future deals, also before the shareholder meeting.. What a shame.
It's over for now.. That is until Bishop finds a new business partner.
Over .01?!? Anyone who got in above .003 is down a lot... Damn, what a shame.
No but I have inquired on NNRX side of it, waiting on a response.
What information did you retain, TIA
It was a copy and past but he changed the date accidentally? Seriously?
The law firms provided are real law firms but that doesn't mean that they didn't find 2 law firms in the same area and just use them in this PR of a fake lawsuit. That would be a rookie mistake. Also, Bio Matrix is not a public company so what the hell are they doing putting out a PR in the first place? Lastly, do you really think if someone called a law firm to ask about a case that has absolutely nothing to do with the person calling, they'd disclose any information, also meaning confirming or denying the lawsuit? Come on...
Smells fishy IMO.
$NNRX
So looking at this lawsuit with closer eyes, this is what's fishy to me:
Contact
Bio Matrix Labs LLC <--- Business is located in Florida.
gbroccoli@biomatrixlabs,com <--- If they expect to get emails, they might want to put .com instead of ,com... Hmmm
***@biomatrixlabs.com
7187721379 <--- This is a Queens / Bronx area code. I know that cause I work in NYC. Why have your company phone line as a mobile phone registered in Astoria, Queens when the company is a Florida company?
The address for this company is a residential house by the way
Just food for thought. This lawsuit can be fake, IMO
$NNRX
Just so everyone knows SAMNNRX is still with us with all his shares. He is suspended until the end of March... Didn't sell a single share... Everyone be nice! Too many suspensions going on, lol!
Oh hello .003's :)
We won't pop like we did to cause a run without news. I am ok with that as long as we keep an upward trend, we'll get our news soon enough. News, newsletters to shareholders. Upcoming shareholder's meeting in 1-2 months depending on which date they choose in April. Future is very bright here.
All you have to do is look him up and you find out what his specialty / agenda is. You never want him on your board. He gives a very vanilla chart evaluation and posts it on multiple tickers to get attention to sell his product... If you actually check out his websites you'll realize what he does and specializes in. Which is why a stock usually goes red when he pops in.