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True in that the right PR could send this stock even making it a great investment. But seeing Friday's heavy volume there appears a red flag. Imo. It is a subtle pattern of end of month such as payroll and bills being met. Since there are restrictions on outstanding shares but if new issue shares are being printed the terms could be notes are converted faster. I was a strong believer or loved the technology and what I call progress until Friday. Since I've been involved in all the great news and developments the value has gone down 82 percent. I am in there at .0016. Ok I am ok with fluctuations but in review I just can't deny shareholder value is being ignored. At least the picture today is not honoring a fiduciary responsibility to shareholders. It appears apparent they are heading back to millions of shares after cleaning it up. If I were CEO and I was on the wave of a home run I'd be promising buying back the dilution. Any ways I would like to get on their board of directors and start influencing the right practice. That is shareholder wealth and increase value. Anyways I am still digging. I wrote my concerns Friday to NYXO and later today hoping to get a response. Be sure to share if I ever do...Monday I will call in and follow up on my query. Thank you! for your insight, let s hope $NYXO gets the light. If you make shareholders happy it all comes back to you. Who wouldn't then jump on the bandwagon!
Thank you. I guess the hope is they won't use the shares like an atm. I hope they evolve profitable and build shareholder value even buy back shares but I understand many times in these billion shares sub penny issues they end up mining the shares...lot of potential here to do the right thing; shareholder value.
Thank you for your alerts. I get it. You are way ahead of me on this. NYXO definitely isn't using best practices toward shareholders which would warrant fiduciary practice to shareholders. Managements pattern is as you say. Going back to filings and seeing the action of reverse splits and reissues of shares is rotten. The saddest part is no will power to produce shareholder value. Lip service to it but no delivery. I am knee deep in dog poop here as I broke my own investment rule. I would dream to have a concept like NYXO has and to make each shareholder rich...why because it comes back time and time again. Gio must be shortsighted. He misses the big picture. And I am sorry I missed your efforts to inform the hub board. Actually I was in denial. Just can't believe it. Don't want to believe I got stooped. You have a handle on it. Gio for now appears to be sloppy at the helm and loose interpretations of legality he walks just over the line. imo. This is a rotten investment I get it. Not because of anything but the CEO s imo wrongful or abusive share management. For me, I m gonna find a way. Don't know yet what my approach is. I m digging! Long process of recovery either way you spin it...as I read on the board. Thanks again.
Sounds like you have had a real bad investment experience with this company. Maybe I can say in alignment sure hasn't performed for me being a newbie. As far as the SEC, I don't know what you know. I know last week filing on a company for not getting shares counted correctly to shareholders resulted in share count corrections with in 10 days. I know taking action and being progressive and not crying about it or insulting others is the high road. If I get where you are I won't hesitate to file... file a complaint and follow it up. Have you done that yet? Or do you have all the answers and love kicking. I like kicking too...but I like kicking field goals. A field goal might be get on the BOD and influence through the board the companies pathway. Or if you really have evidence for as long as you've been involved then file a complaint with SEC make a positive difference. If you had you might of saved the likes of me from jumping in and taking a bath. lol. IMO friday was my first red flag. I documented it. Doesn't mean anything yet...I am still a believer. I m digging for evidence but you have given me nothing.
Why do they have so many outstanding shares? Is there a strategy for that in a start up? If the price goes up they could dump to bring in capital? Do you think they will have a reverse split? I am just sounding out you seem pretty knowledgeable and I am seeking to learn as I go along here about pump and dumps. On first blush I really like the concept of this company. On doing due diligence and seeing them deal with old shareholders I am very positive about investing in them. But in reading they have 2.5 billion shares o/s seems a fair question to raise up from a beginner investor. lol..What do you think?
You have a valid point. I can't deny it. The sticky at the top says 332m o/s shares 224 float 107 restricted. So my arrival was based on this shared knowledge. It is strange with a reverse split drying up shares to 2.4 m, that they would turn around and print new shares...strange enough to consider filing a complaint with the SEC. I have given the company the benefit because as a survival strategy holding off the wolves for a new revenue stream would make sense. If you could see in six months you were going to make it and gain control. On the other hand for 36k, as you say is a nice pop. It would be very desperate to do so. The backdrop of this pop is the work done to put a deal together with a bright future. Now if they didn't acquire a real company that had a real trend setter in playgigit...they d be a scam. It is evident they have the real deal. And there seems to be a synergy between NYXO platform and software. At least that is my gamble or take. If I don't have that right I will file a complaint. I am digging...Thank you for your valid point. ps. it was odd to see end of day drop??? dump?
That is the truth. I find it hard to believe at end of day (fri.) that people collectively panic and dumped their stock. When you think about the progress and excitement of a trend concept that NYXO has developed for future shareholder value. They should take off to the moon and beyond if managed well to levels like Google or Facebook or Yelp? Although a large sum of stock traded the value is already out of the stock and in one sense didn't amount to a hill of beans. Selling out for beans is peculiar from an investors and shareholder viewpoint. The strategy actually stinks if the company did it, but if traders did it to cover then that would be exciting. It would mean we are about to take a big leap. Even if it were a few major buyers that took Friday's lows in that speaks volumes for the size of investment and new interest in the stock. I favor the later that new interest is coming in and we should start to see a rise in this puppy. IMO...I'm to new to know, but if this is a pattern of the company to pump and dump then as shareholders we should get are backs up against the wall and put shareholder pressure on the company to tow the line. IMO... Thank you for the updates!
Dang it in the small print it is a distress alarm to SEC...thanks for the link.
Editors Note: A company that appears on Mergers & Acquisitions Distressed Company Watch List has indicated in a filing with the U.S. Securities and Exchange Commission in the previous 12 months doubt about its ability to continue as a going concern. A company can be removed from the list if it is acquired, if it files for bankruptcy protection or if it indicates a change in status. Tune in next Tuesday for more restructuring coverage.
Down to hoping for the best outcome. This one needs a miracle.
Great news...it is refreshing to read the powers that be squared up. That others got involved... Ok now it is hopeful and worth a new beginning. I remember starting out in business with failure and hardship just to get another chance and to do right and make good. In fact I ve had more failure than success but always cleaned things up and made good and started to sharpen my saw. Let's hope this company is sharpening their skill set getting right people on the bus and believing good to great can happen. Sure it is a gamble but if they can walk the talk and control it all it is going to be a wow factor! imo. Really glad you got your shares! Onward!
I think we are seeing true north in the shallows. Good time to acquire more.... secure a bright bright future. I m imagining a few years out being real happy with prospecting and mining this goldmine! What a rare opportunity to be involved with great potential.
Thank you. Good info. to navigate the waters by. So easy to get excited when the direction catches the wind. This company is on a path to mars and beyond.
I m thinking pennies too in my heart of hearts but can also see a pattern of gaining control. When you dry up shares...yet the news and concept seems to be on a trend line. It is a gamble no doubt. I m staying long term. Hope $NYXO is long term planners with revenues coming!! Then yes why not pennies or even dimes!! Go NYXO.
Great news for those guys! Ought to get a big lift out of it because as a long term investor I would eventually have issues with the new company not squaring up. Good news!
Thank you. Those are exciting links.
That is so cool! This company can go $$N1!
Thank you athrinel! My recommendation if I was holding shares from the old company is to get on the board of the new company. Work it out. A lot depends on what the charter of the company states and its board of governance both in the old company and in the new company. Most ethical business practice are to square up even in the event of a new pathway and eventually a new company. That has been my experience. But it is again a matter of timing. We all know sometimes you back a horse and just when you are going to give up it takes off. I wouldn't, imo, be a basher of the company but find a way to work it out. Get on the board and mandate a fair practice of the old company and with terms to stage the exchange to better your position and the company. I would think that would be ongoing and happening. Action is better than no action and my understanding action by complaint is filed. Now get pro active and give this new company lift. IN the meantime go $NTCHF...the future looks bright and brighter if they can clear up the old shareholders grief. But for now their energies need to be on the front line making deals and making money. It is a jungle out there...investing wisely is not as easy as it use to be.
Agree. There is too much good stuff to ignore the potential. If the company is negotiating its future and re-inventing new pathways it takes awhile. The two things I read about strategy for reverse splits was to either up list or go private. I would like it if they did get up the ladder. Long ways to go but in the meantime plenty of good news to predict this making the pennies. There are many milestones to achieve but I get the distinction between having nothing and moving the marker into play. Nothing in biz is ever guaranteed but I am betting on the come! Go $NYXO. PROVE IT UP $$$
Thank you. First I ll pray. But you are right about lies and I will add hidden agenda's but sometimes the miraculous happens beyond the mere human enterprise. Sometimes...but I will attend to the dirt first. Hope it don't rain here any harder because then I will have mud to sling. Something funny going on....speculation but maybe they are going to take it private and offer the few shareholders a pittance for a bird. Either way private or r/s to get qualified to up list is a long row to hoe.
Maybe they are going to up list...still a long ways to the playing field I thought I was on. I got three beauties like this all great stories all promising all turned drastically for the dirt. I m not going to sling mud but find a way to grow something in this dirt. I got three dirt patches to find a way to grow roses. My best bet is to pray and call the company and establish an honest dialog. I m dating myself but I like the saying in Kevin Cosners movie ..."you build it they will come." Got to be one good seed left to grow a stalk to Mr. Big's ball park.
Most excellent news.
Bouncy bouncy bouncy...I am hoping the ball is filled with flubber and bounces to mars! Pass the moon...got a funny something going on to see it fall this far on what has been progressive news?
Ok...thanks for heads up.
That is exciting. Thanks for the link. Sounds progressive.
N1 Technologies Inc. (KIMJF) -Other OTC ? Watchlist
0.00 Down 0.00(99.62%) Feb 10...It doesn't speak well for N1 tied to ROC if indeed that is there plan. Interesting that they wouldn't settle being it is a positive to keep shareholders. Very shortsighted if they don't settle up. Best practice is keep your shareholders happy. Forming a new company usually transacts while in the making but obviously these guys haven't...yet. I would think you would get your shares. The knock is a good thing. Keep the pressure on them. IMO
I think investor confidence for sometime has been shaken d rattled and dismantled but the past is not the future thank God. The future appears very bright based on the platform and synergy they have established. It is only up from here. A good spot to accumulate and hold. Hope is they can run with success and become a company of best practices. I think the concept with their software is worth owning. The beauty is getting in so cheap and have so much topside to go. It is dicey but that is the gamble.It is the game of risk and reward. My hunch is $$$NYXO.
That sa a great possibility sooner than later reality...REALITY! Thank you for that perspective on this whole concept. I have seen word of mouth get going and snowball sa rolling rolling. How many times have we all seen like look those friendship bands that also became causes and or ribbons...It only takes a handful of celebrities to start talking and winning the game. The edge is everybody wants to do it. It is just a matter of time a brief time in history when sitting on the front porch my garden will be growing roses instead of thistles. And when I get my new clothes I will be at the beach! Multiple times at the beach. I m thinking by summer. Summertime!
Thank you. Gee that on first blush is a rotten practice. Agreed, best practice is to have already dealt with transfer. Puzzling that they haven't because it is relatively easy thing to do. Should be smoothly handled and done with. Since it is not it puts a damper on things...appreciate the update.
I couldn't agree more. Diamonds are my favorite and I get it. This is full of diamonds in the rough. N1 Diamonds! More diamonds than just one. This time I got the right company at the right time. I m not counting my money but I am counting the trail of diamonds to more progressive discoveries. This is huge unlimited possibility and anyone in this has the foresight to see it. Shaping up nicely.
I m sticking with it too! I think if the company stays on track they could become big...huge topside. There is plenty of room for what they have gotten a hold of at the top. The markets are enormous and when they get deep in them it means happy shareholders. I m gonna be one of them.
I added and wish I could add more...but welcome any dd you find out. thank you. Just think to own a million of anything going forward is incredible to me. They seem so positioned to grow and most investors just need that to be visible. I think they are demonstrating that in pursuit of the golden opportunities. Go RITE!
Not sure I understand stock reissue? But I understand great news. Spending money and time on a patent takes a lot. Getting one is exciting. Then one that is an industry changer. Then my gosh to get in this cheap and be part of the opportunity here has me thinking a new car...on the other hand waiting it out on any setback is no fun. Go Gold $NTCHF! I m a believer.
Amazing...to get in on this kind of technology this cheap with a break thru to the markets is a wow factor! $NYXO Golden opportunity. Sure the past has been what it was but what is is gold. I m holding for the mother load. NYXO is my ticket to the refine things in life like a trip to the beach!
and then boom boom boom...has to be one of the best turn around stories in the industry...early seeds being put in the ground so to speak...just takes time to work it all out. BOOM BOOM BOOM!
I am just jumping in (friday) but not like jumping a claim...lol. They have vision to lessen the impact of mining and that is timely. I m giving credit to them for that. Reading that they are being proactive is promising. I m in and with progressive news looking to acquire more. Anyways my take is they are real players seeking opportunities to grow. I ll keep reading up on MineralRite Corp. and doing more DD. Go RITE!$$ Go to the pennies.
Thank you. Really I think this is a great company to be involved in... now and in the future. The things it can already do and the discovery process to invent new is unlimited. One would also think it would be a fun company to work for...anyways here's to n1's future and those invested. I m excited! Bright future here.
You are right it was retarded...sorry. I was going back and forth and forgot where I was at. Hopefully no harm done and I will respect the board I am on. The day before was ignorant I didn't know what a pump was and my good intentions were not favorable to board ethics. I am learning. It won't happen again. Ok onward! Onward N1 Technologies.
Yeah! Flippers gonna take a swimming lesson...lol
Really so many excellent parts to this story. Agree excellent day. N1 demonstrated where it is going to break through and gee whiz come on with this nano stuff millions will be made. I m thinking 7 cents where it was 52 weeks ago is nothing compared to where true north is...this is a rocketship for sure! Matter of a brief time in history to coin Hawking.
Thank you Shazbat! Come on NYXO is a story with a story and you are right 3.4 52 weeks ago ...this stock can go way beyond that...another break through company along the lines of the big guys...NYXO$$$ The future!!