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This is something you would have chosen or requested your broker do so you could write off the loss. You better try to get them back. Mine are all still there
To confirm, I spoke with Etrade's corporate actions people this morning. I would suggest you call to confirm if you trade with etrade.. Number is 800-661-4587. I have been assured my forward split shares will sit safely at Etrade until next action is taken. I will also receive dividend payouts in way of cash or shares if the company so chooses to do so.
While I agree with you, you would be wasting your time and money. They majority of the share holders (who were insiders and Chris D'Couto) voted to do the reverse split, then forward split and pay out the fractional share holders. They did it legally.
Again, the company is private now.
They’ve converted the shares to class A. They did the fwd split last month. They paid out the fractional holders. They may have did it slow but it’s done. They are private. We have no voice. Our only hope is they get the business going and then IPO. Several years from this IMO.
This board is dead.
Do not deem your shares as worthless to write off the tax loss. This is probably something management wants as well. My guess is they did nothing on the share restructure in 2018 to see if they could shed a few more investors..
You once called us a bunch of cry babies. We warned you. It’s done. They are private. If you own class A shares you may get lucky. The restructure is complete.
Set a reminder for three years from now. We are in a holding pattern.
I'm at a loss here. I wonder if the investors backed out.
Has anyone discussed with their accountant or trading firm how to file for taxes on this?
Over a decade of no execution? I’d say we aren’t Pre judging
perhaps they are updating?
What should we do? It's time for some action in some way.. Not sure what that means but this has gone on long enough.
Chris D Coutio. That’s why. You kick the tires on him who would want to work with him or trust him
Not sustainable Chris D’ Couto. Your lies and miss direction will catch you soon.
does not trade. we are in the dark.
I believe all of this would have to go directly through the Nevada business site. But yes, they need to be held accountable. This is insane.
What is this battery you speak of that is worthless? Did I miss something?
I would have to agree on this 100%.
That is correct
No one should be surprised that D'Couto didn't come through.
Chance on what? That ship has sailed. We can’t buy anything? They are private.
what i have found with my research is that because they have filed all the necessary items with FINRA and the SEC.. they are now private.. There is probably little we can do..
Bill had mentioned laying out the timeline of all the material things that happen that they did not report to the public when they were still a publicly traded company..that's about the only angle I see that would do anything.
No one will be able to "invest" in XNRGI that isn't a legacy NPWZ shareholder with over 2 million shares going forward.
Your post is pointless.
1994 Amazon was founded. It’s a several billion dollar company today. I think D couto lacks the ability to execute but might have assembled a few people within the company of XNRGI that can guide him properly to get things done.
If this company can execute... if and when they execute i believe they will be worth several billion dollars.
I believe anyone with over 2 million( pre R/S) shares will be rewarded long term.
I'm not saying he did. He just typically does not follow through with things he says he's going to do.
Historically, he never delivers on his word.
I doubt we will see anything this week.
Do not count on it
Approval is need by majority. Chris D'Couto, Sierra and Summit trading hold the majority. We had no vote..
So it is your hunch that Fisker is using XNRGI battery..or OEMing it?
Amboi Capital.. the 450,000,000 valuation is either what they are funding them at or what they think the potential value is once they go back to trading. That would be $30 per share for the Class A shares.
I see them wanting this over the Billion dollar value before they relist.. Just a hunch.
Kennypoo, what say you?
what does that matter
then put up. When?
No Matter. They are funded and I’m sure this is a done.
I’m perfectly fine waiting for them to get the business fully operational prior to trading again.
I don’t think they go to trading in the short term. If what we are reading on these websites is accurate... if xnrgi battery can do what they are saying... as well as cap ex spending to get it off the ground.. we could see a billion plus in market valuation for Xnrgi easily.
All depends if they are successful in moving batteries and adding customers. Ramp up could be quick.
More info on Helios and Amobi
https://opencorporates.com/companies/us_wy/2018-000806610