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Oh boy
Very smart guys, they make lots of money for themselves. They practically print money from the deals they make with virtually no skin in the game. I don’t begrudge them at all. I do resent shareholders who refuse to call for explanations from management. This deal netted retail shareholders, nothing. We didn’t receive millions of shares for bringing nothing to the table.
I can assure you, the majority of shareholders here have done much more to bring investment into the company through private placements over the past 10 years so management could continue operations and collect paychecks. What was the reward for that loyalty? A reverse stock split and awarding these two people millions of shares and two seats on the board. Don’t you feel an explanation is warranted?
You need to explain why you are constantly deflecting. Explain what is disinformation?
Fact: Dean Kehler and Jay Bloom walked into our company with nothing, they did not bring any money of financial investment into the company. Yet, they have been awarded millions of shares and two seats on the board. You do not think this bodes an explanation to shareholders? Seriously?
It’s like two shady looking people that no one knows just shows up to your party empty handed and walk away with all the beer and food. Everyone here has invested in this party and we expected it to be a grand celebration.
The only thing we know is that Mark invited them to the party. I don’t believe there’s anyone invested in this company, whether you’re optimistic or have become disgruntled, that doesn’t feel that explanations are warranted.
It doesn’t take much DD to find the history of everything these two shady characters have touched or currently have their hands in and it doesn’t look good. No one can refute that. Is there anyone here that doesn’t feel that Mark doesn’t owe an explanation to everyone?
Wow, where have you been lately?
https://finance.yahoo.com/news/early-warning-news-release-niocorp-120000271.html
Lol….what did Dean Kehler and Jay Bloom do to earn their millions of shares?!?! Scott and the rest of the team have worked their asses off and these two clowns show up with lint in their pockets. They walk away with millions of shares and two seats on the board. It’s time for some answers!
Agreed, it is so pathetic. All of the work Scott and the team has done over the years. Two vultures from Wall Street are given the red carpet (the carpet is red from the blood of retail investors) and end up with more than 500x more shares than he does! For what?!?! They brought no equity to the company, end up with millions of shares and are granted two seats on the board?!?? It would be criminal if it weren’t Wall Street.
It appears Mark betrayed his own employees and the retail holders that have been so loyal all these years. Either Mark made this horrible deal knowingly or he was completely fooled. Either way, I don’t believe Mark will have the welcome mat at the next town hall he holds in Nebraska. I’m guessing there might even be some shareholders contacting their respective senators calling for an investigation before long, if they haven’t already.
Hey, you could have made a worse investment. Just look at Dean Kehler and Jay Bloom’s other investment ventures with Global Crossing and Celularity. They make millions while the investors get their pockets picked clean. Very disappointed that management has not addressed this disastrous merger and the complete lack of capital from the “deal”. What’s really pathetic is that Dean and Jay are now on the board of directors!!!
Going back and reading these posts are pretty comical. The same players have been saying the same thing for years
“share prices go up and down. Thats the nature of the stick market“
“been buying every dip for the past 10 years, and still on the plus side making money.”
“significant news will come out this month or next.”
“The more active of negative posts the more I feel something positive coming up for longs.”
Oh boy, the institutional investors are going to be gobbling up this gem. Better guy more since this opportunity to buy at these bargain prices won’t be available for very long.
Sounds like some real genius deal…..lol
Months, that translates to years in Niocorp timelines.
Whatever, you don’t know where the pickle is, let alone the beef
Classic!…….kinda like “Stay Tuned!” Where’s the Beef!!!!! All the retail investors are getting is piles and piles of BS!!!
The institutional investors were going to be jumping in when we closed the SPAC deal, then it was the institutional investors will come when we get listed on NASDAQ, now it’s wait until we get financing? I’m guessing we won’t hear much from you towards the end of the year
Oh man, just wait until this gem gets on NASDAQ. Just wait, just wait, and wait, and wait.
Just wait until Niocorp gets on the NASDAQ. It’s been just wait for a decade. Truth is Niocorp is trading at a pathetic .68 pre reverse split. Sad, just sad
Question for you Always Optimistic. How many days has Niocorp ended up in the red vs how many days in the green since being on NASDAQ?
Yes, they are very silent. Any bets on how low the stock will go before management decides to pull the $200 million shelf? I’m guessing between $3-5 (.30-.50 pre reverse split) The next town hall in Nebraska will be interesting. I can’t wait to hear how that goes, but I’m guessing the words of Ms. Beverly Beethe (yes, she is alive and well Always Optimistic) will be echoing in management’s ear!
“The way I got treated, I hope that they don’t treat the community that way,” she said.
https://www.sec.gov/Archives/edgar/data/1512228/000153949723000119/n2574_x79-425.htm
Just wait until the stock dips to $3 (.30 at current retail investors investment price) or below and then management finally pulls the $200 million shelf registration and gives the institutions 60-80 million shares. The institutional investors will have 2-3 times the amount of shares (600-800 million shares pre split) that the retail investors will have and without any risk.
The retail investors who have shouldered the risk all these years are being screwed. I would really love to hear what the local investors in Nebraska really think now. They can’t all be a bunch of uneducated hicks that can’t figure out that they’ve been screwed over.
Maybe someone should contact the local news media in Nebraska and get the pulse of the local shareholders now.
…..but, but, but Niocorp is on NASDAQ. The institutional investors will be gobbling this up when we get on NASDAQ…….lol
Just wait until the final report from the demonstration plant is released. It’s only been a year for what was supposed to have been weeks. Just wait, you’ll see…..
Just wait until NASDAQ, right?
Great analogy! SKOL!!! LMAO….the clowns in Centennial are bringing in Yorkville to finish off the retail investors so Dean and team can come clean up and make even more $$$$
Careful what you wish for. Yorkville plan B is what plan B is to a developing fetus. Yorkville is a Great White shark compared to the nurse shark that Lind was to Niocorp investors. Convertible loans are notoriously known for destroying a company’s share price because they will drive the share price down, convert the amount of money owed to them at a low share price, sell and repeat the process over until the stock is worthless. It’s a win, win, win for them. It should be illegal.
I can not understand why management continues to do business with the dregs of Wall Street.
I had a friend turn me on to Niocorp some 7 years ago. I have bought from in the low 40s to above $1 in that time. With that said, I am currently below me overall average.. I do not hold that against my friend. Given the DD and promising words from management over the years, I do not find my friend accountable.
I know there are several investors who are under their average SP. These investors were not expecting massive returns immediately and have been investing over the years. They are furious that the company cut their shares to a tenth of what they had and gave the GX gangsters their payday and the company got little to nothing in return.
To top things off, we find out that the Feasability Study will not be completed until the end of the year. Investors are mad as hell and I bet some of the most ardent supporters on this board are as well. How could any investor with years in be happy with the SPAC deal and the resulting plummeting of the SP. We have yet to hear from management on why they missed the mark on the financing from the SPAC deal. Why are they not addressing investors questions on this clusterf@#k of a deal?
Short term mentality…..lol I’ve been part of this joke for over 7 years. Like many investors here that are at near break even or in the red after holding this turd for nearly a decade. The promise of financing and the beginning of construction has been going on for years.
We are supposed to be happy about a 10 to 1 reverse split and plummeting share price and you want to insult long term investors by making a comment about short term mentality?!?! Try again!!! There’s many long term investors who are mad as hell with the constant delays and poor performance from management. This SPAC deal was a joke and now we have two wolves on the board for nothing.
Now we are now told that there won’t be a Feasability Study completed until the later part of the year!!! Short term mentality…..lol You’re clearly not a veteran Niocorp stockholder!
“Final determination of any changes in OPEX or CAPEX for the Project will be determined through an update to the Project's Feasibility Study, which is expected to be completed later this year.”
The Feasability Study isn’t expected to be completed until later this year?! Project construction will not happen this year. It’s good to have some truth and transparency finally. FYI, that’s not disinformation.
Yes, as a Niocorp investor, this is nothing new. Management has used this form of financing through Lind for several years.
Yorkville is like the Godfather of death spiral financing and will make Lind look like amateurs. There is NOTHING good about the Yorkville financing and you should pray they do not have to take that financial avenue.
https://www.nasdaq.com/glossary/d/death-spiral-covertible
https://investmentbank.com/death-spiral/
That additional $81 million will come from death spiral financing by Yorkville. Convertible financing from Lind is nothing to what Yorkville will to to the retail investors. Fool me once, shame on you, fool everyone twice, three times…..etc…..fools
It’s nauseating how anyone can continue to try to spin anything positive with the SPAC deal and the resulting plummeting of the SP. Management should be coming to the table and explaining the clusterf*#k of a deal that was made.
The pumpers of this stock have no shame. The stock is down 40% pre NASDAQ from a month ago and yet they continue to kick the dead horse. Instead of praising people’s like Duke who raised awareness of what was to come, he is vilified for being right.
Niocorp management are the ones that should be held accountable for this disaster of a merger. The stock is literally following the same way the last stock, Celularity, that Dean Kehler and Jay Bloom massacred with their SPAC. Oh yeah, they are on the board of directors of that stock too. Duke said it would happen, yet numerous posters said he was wrong, but he was right. It’s time stockholders start holding management accountable and stop fighting each other.
The stock price has sank ever since getting onto NASDAQ. What do you think will happen when management takes out a convertible loan from Yorkville (aka Wall Street loan sharks) who are known for their death spiral financing deals? They make Lind look like amateurs and no institution will come near the stock when that happens.
Management is probably living it up in NYC with Dean Kehler and Jay Boom who they added millions to their already bloated net worth for bringing nothing to Niocorp investors. Management needs to get to Nebraska and Belgium for some town halls to get the pulse of the investors. They need to explain themselves for the clusterf*#k of a deal they made with Kehler and Bloom.
Reality check, Niocorp stock is down over 35% from the month high before the disastrous merger that yielded no money. It’s going to take more than the bell ringing to bring the stock anywhere close to the level it was before NASDAQ.
The company ushered two foxes into the hen house and they are about to feast on the flock.
Duke, those are some excellent questions that management needs to, but won’t address.
Look, a squirrel! This is finally it folks. The ringing of the bell is going to get things going.
Unfortunately, this company has not been able to succeed on the hopes and dreams of everyone who has believed in management. When the stock continues to falter, it will be “Just wait until the results of the demonstration plant.” Not to mention that demonstration plant process has turned weeks into months, and into a year. Everyone has hope in one hand and sh*t in the other once again.
Oh, and if you’re going to scream “Disinformation” on every post that you don’t like, back it up with something.
Explain why over 95% of the institutions redeemed their investment in GXII and the merger with NB. If institutions were so excited about Niocorp, there wouldn’t have been over 95% redemptions of the stock.
AO, Ms. Beverly Beethe is very much alive and well. It was her mother that passed. Many numerous other investors have also passed away over the past decade. There are numerous stockholders in Nebraska that have held on to the promise of a project with prosperity. They have poured their money into a project that they earned by the sweat of their brow, only to have some shady business deal with known individuals with a sordid history take away that hard earned money. To add insult to injury they are awarded with stock, stock options and two seats on the board!!!!!
The GXII deal was not necessary to get onto the NASDAQ. Management needs to be transparent about why they made this clusterf*#* of a deal. Instead, they hear from individuals like you telling them how great things were going to be with this merger and getting onto NASDAQ would be the bee knees. I’m sure the good people of Nebraska would love it if you would stand up at the next town hall they have there and announce who you are. I’m sure they would shower you lots of affection…..lol
But the deals created bad blood. Some residents who were left out were miffed. Others like Ms. Beethe question whether they got a fair deal, especially in an area where the price of farmland has recently skyrocketed.
“The way I got treated, I hope that they don’t treat the community that way,” she said.
https://www.sec.gov/Archives/edgar/data/1512228/000153949723000119/n2574_x79-425.htm
The way this team has managed to keep retail investors dumping their hard earned money into this investment while the predatory lenders have benefited greatly should be commended.
The stock opened up on NASDAQ with zero fanfare and follows with a plummeting stock price. Management has failed miserably in obtaining financing with the GXII deal and literally ushered the foxes into the henhouse with 2 seats on the board of directors. Shareholders deserve answers for this as Grunt would say clusterf@*# of a deal! One thing Niocorp management has been successful at is never failing to disappoint. Prove me wrong!
Niocorp has lost over $125 million in market cap value since October. Oh yeah, this deal with GXII was a brilliant idea. Stockholders have gained nothing from the deal except adding two foxes in the hen house to feast on the flock.
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