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Oct. 2019 Quarterly Report out!!!!!
We all are aware of Bishop’s plan for the company and hopping that it will come to fruition. Like all plans there has to be backers, NNRX is no exception. With the increase in staff and the caliber of that staff one has to assume there are backers for this company. I can't imagine that some of the people coming on board would do so without having a real good feeling about the future of the company. The lack of News/PR’s this past month has cast some doubt by shareholders and potential buyers, which is fully understandable.
As I have said before, I do not really expect a lot of income posted for the first quarter report if any. That report is past due but I do expect seeing it come out next month, it covers the period from August 1 though Oct 31, prior to this most recent PR’s released in November. There should be some sort of guidance thou at the end of the report.
The Second Quarter Report, which will cover the month Nov. through the end of Jan. 2020, will be the telling one. It should give a clearer view of there financials as well as there future prospects and guidance.
I like the opt optimism I am see the last few days and only hole that Bishop takes notice of it and releases a little hint of what is taking place in the background these past two months.
Good luck to all investors in this stock, for which I am one, and may we all have a great rest of the winter and a bright future with NNRX.
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Second Quarter ends on the 31st, guess the stop sign will go back up if there isn’t a Q Report out by mid-March. Sure would be nice to see a little news/PR to keep everyone from falling to sleep. The cold front retreating some here in Fl. I think I’ll get the fishing pole out and uncover the boat.
Good late Morning to all, it’s quite out there no movement in the stock this morning. Everybody is sitting tight it looks like. No one is selling into the two’s, holding out for the three’s. When the three’s start selling, will not last long before four’s start popping up.
Yes, and also rember the pattens NNRX has as well as partnered with Nanotechnology.
Would be a very profitable for both companies. Also, NNRX has more to offer than just a ticker symbol. But I don't think that is the direction Bishop wants to take the company. He seems to want to go more for a CO-OP on the farming end as well as staying in the retail market. He has already stated that Finist will give him access to shelf space.
Morning to you as well. I use to say it every time i signed on in am, some how i quite doing it. Will have to get back into the habit again. It's a great way to start the day.
What dilution are you referring to?
“The Quite Before The Storm”, maybe? I think every one is sitting tight, waiting NNRX’s next move. With the right news, this will move up fairly quickly, how far is anyone’s guess. The way the level 2 quotes keep changing in volume from week to week, there are a lot of people that have this on there watch list alerts. Investors will be coming out of the woodwork when this starts up.
Well a new week coming up, we “Hopefully” will see a new PR come out. The last two PR’s have been near the middle of the month which this coming week will be one of. As I’ve said before, the first quarter report for October 31 will not show what has been happening the last three months, but may cast some light on the second quarter, which ends the end of this month. PR’s/news releases will be more telling until the second quarter report comes out some time mid March. Financially the second quarter report will not be very good, in my opinion. It takes a while for a “New” business module to start performing in that area.
I hope that when the First Quarter Report comes out the OTC may remove the “Shell” designation from NNRX’s home screen. Not to sure of it though, was reading OTC’s guidelines for posting the “Shell” and they are quite loose and do not quite appear to cover the circumstances, which NNRX is in now. OTC guidelines for the “Shell” appear quite broad which gives one the impression that it is a cover my ass statement, than a definite assertion of fact.
I will remain Strong on NNRX through and until the third quarter report comes out in the middle of June, which should tell a lot, as well as show the beginning of some profits.
The “First Quarter” referees to the first three months of a company’s calendar year. The time the company started does not have to coincide the beginning of the year. NNRX 4 quarter (Annual Report) was July 31st. There first quarter ended on Oct. 31st 2019’, which is why there is “Yield Sign” on OTC for NNRX now. NNRX’s second quarter ends January 31st 2020’ and so on, every 90 days. July 31st 2020’ is when the next Annual Report is due. Do not expect too much when NNRX post there first quarter report which ended last of October before all the resent news has come out. We may see a good Forward Guidance Report at the end of the post though. The Second Quarter report ending January 2020’ will be the telling one. Anna Phylaxis, please correct me if I am wrong, you seem very knowledgeable on these subjects.
10 mil. to start the day, action is starting back up. A little news now would move us I think.
I have a question that I hope someone can answer. What broker allows you to place a trade in 6 decimal places (.000205 last trade posted)?
!!! Happy New Year to All !!! Come on NNRX lets start the year off right with some Good News and First Quarter Report next week.
It is. I’m guessing there are enough traders out there, that are wishful thinkers, that will take it to .0003. What is really “wishful thinking” is, that we see a post/tweet from NNRX before the end of the day. Now that’s wishful thinking.
How about some best guess on where we end the year at on pps, my guess is .0003, does anyone else have a best guess.
Can't remember who wrote this, do you know???
"My gut feeling with the activity we are seeing across the nnrx spectrum is that this will 100% start to climb soon. There is an interest, word is getting around so the question isn't if but when this will jump.
It's in their hands now. Following through on new retail website platforms with a new look is a big one. Actual tangible proof they are on the move
So I'm done being hyper critical of every move knowing it's up to them now how they look. He dated ( 1st quarter ) movement which is Jan Feb March of 2020. Like Greta Thuneberg We'll be watching you"
P.S. this would include CBD infused nano vitamins and supplements
From what I gather from the PR’s we are in a multitude of business, from running a CO-OP buying and selling biomass, to selling all phases of processed product when there business plan is finalized. You will see another 2,355,000 shares @.0002 just bought in four trades, that’s me picking up more to go with the 15 mil I already have, I have confidence is this new effort by Bishop. This is just me, don’t make trades on my opinion form your own opinions.
The New Year is just around the corner; let’s do some speculations on the Future.
- First Quarter report is late should have been out by now, reason for the Pink on the OTC. Do not expect much in it anyway, it covers to end of October. Maybe a little news at the end of the report, nothing we do not already know. Income will still be nowhere as well as inventories, dept will be higher as spending on reorganizing continues.
- Second Quarter report will most likely be on time and will cover to the end of January 2020’. Here again I do not have any high executions on income for the period. Expenses will continue to grow, this is not unusual for a company reorganizing and expanding (many companies do not show a profit for years, remember this is a re-make of the company) News at the end of the report should be a lot more informative and very progressive.
- Third Quarter report ending the end of April should be the real kicker for the company, should be showing income by then. Do not expect income to exceed expenses but will be a very positive sign. The news and the end of the report should be very telling with a positive outlook.
- From the Third Quarter forward I’m looking for good things.
PPS guess for the future:
- Ending the year this Friday (I know its January 3, cut me a break) I see .0003.
- End of Second Quarter ending January 31st, I’m guessing we will be back to the .00?’s.
- End of the Third Quarter ending April 31st I’m guessing we will be back to the .0?’s.
How high we will be by the time the Third Quarter report comes out is anyone’s guess. Let’s have some other opinions, these are my best guesses and hopes.
Speak for yourself, there are a lot of longs holding and have confidence in the company.
Assuming the change in filing status to (Pink Limited Information) is due to 1st Quarter Report being late, it’s over the 45 day mark now. I am hoping to see it come out after the Holidays are over. they've been working hard and will cut them a break on this one. !!! Enjoy the Holiday's All !!!
People are trading on what they see in the Annual Repots, which came out last Thursday, numbers are not good in that report. I think what most people are missing is that this report was for period ending last July not the end of the year. The 1Q report will not be that good either, though it may have a brighter projection (it will cover to the end of October). The 2Q report should start shedding some good light on the stock, which will cover through the end of January 2020’.
When they filed there Annual Report last Thursday that made them current. It just OTC a while to update there ticker symbol, I think they have until the middle of January the file the First Quarter report, or they will be behind again, not sure of the time line for filing a Q Report. Maybe some one may know in the morning. Being "Pink" should give the stock a boost tomorrow.
Like your thinking....
I stand corrected, that’s what happens when one reads to quick and is looking for something positive. I remembered that as of Nov. it was 6.7mil and in reading report was think annual as end of year. There is a 6+ million increase since July 2019. As for revenue, there has always been revenue, though it is down over last year at the same time because of lack of vitamin sales. Inventory has been sold off because of the New company profile where production will be provided by outside sources and Vite Essentials which is also own by Bishop will most likely be selling the New products with new labeling along with new partners (Ca Finest for one) . I am assuming expenses will continue to be high for a while to come as the New company develops. As for future revenues see page #32. Again, Thank you for correcting me on the Buy Back, sorry I had dates of report backwards in my mind (annual as end of year), I know better but was to eager to find something positive in the report.
Could Be! it could even be NNRX doing more buy backs...
Agreed it is also holding back many investors. I suspect the STOP sign will come down next week. OTC is a private company watching many penny stocks, it will take a few days for them to update NNRX’s screen. I don’t think the first quarter report is late yet, but it must be getting close to being late, not sure.
New investors are buying every day, though it could be at a more robust pace. New investors not only due DD they also read investing Boards like I Hub and others. When they see these board doubting the validity of a company or CEO they are reluctant to put forth there money. There is a lot of new investor in the background just waiting. A quote from a movie “when you build it they will come”. When all of the negativity gone, there will be a lot more investing.
Was planning on holding with my 15 mil shares, but depending on how thing progress, I may be transferring monies from Swab to TD next year to add to my holdings. I’m not worried about getting in at bottom any more already some at 2’s, even buying at .001 and it goes back to .02 is a nice profit.
You must remember this is for July 2019’, not recent. It shows things that were happening then, we will be seeing more in nest disclosure.
Pages 31 and 32 "DESCRIBE THE ISSUER’S BUSINESS, PRODUCTS AND SERVICES are also very interesting. This looks like the start of something grand.
My take is: With a quick read seem to be more or less what I expected. The surprising part appears to be the buy back, didn’t expect that. The rest we’ve increased our dept quite a bit, this is expected, when there's little cash you have to borrow. This is not uncommon for small companies trying to grow. It appears we are about 6+ mil in dept as of the end of July, when things get going; this is not a large amount to be on the balance sheet. I’m expecting to see it go to 20 mil by First Quarter. When the Second Quarter report comes out, in late March, thing should start leveling out some and we should be breaking even or showing a positive cash flow (hopefully). By the Third Quarter, I am hoping we will be running on all cylinders. Just remember this is not the old NNRX, Bishop is remaking the whole company. Were going to have dept on the books, all companies do. Even companies with money in the bank and a positive cash flow borrow money instead of burning up there cash. There’s not much about the future in this report, but remember this is from last July. Future prospects may show in the First Quarter Report, which should be out next month. The real telling one will be the Second Quarter Report which should cover through the end of January 2020’. Press releases and News releases will have to keep us informed until then. With the up tick in releasing News and PR’s things are looking “really” promising.
this is as of July, 2019 so I have to assume it is reflected in the price per share as of then and projected forward. Note: this is as of July, 2019, who knows if they have still been buying back shares from July till now. It might explain some of the weird trades that have been going on lately.
Correction 600 mil buy back!
Have to sit down and read the hole thing, but right off the bat looks like they did a 500mil buy back.
July's Annual Report is out if anyone is interested.
Well I was wrong about the two’s being gone, have been watching the level II on TD and the Ask has been .0003 all day long. There has to be a Broker out there not listed with TD’s Level II. Need to start dropping hints around on other Boards to help get the word out or something. Does anyone have an idea where the .0002 trades are talking place at, not the Brokers I’m watching that’s for sure. Will have to see what Friday brings now, today’s trading sure is not reflecting the news this morning
Two’s are gone, hope to close Higher.