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How about THIS technology competitor... http://www.rxsafes.com . Management team that has already done this in the home security market, NYSE partners, several multi -multi-billion dollar sub markets.......... Talk about leap years ahead with an experienced management team and huge partners. NXTD never should have been on NASDAQ and never should have played in the consumer space.
No, NITE is trying to cover. See that ask at 700 shares. Its illusory. They know there will be buying, so they will flip flop. If bid goes to $1.25, they will jump it to $1.26. Its all about bid support. Bid support scares away flippers and snorters. ATDF is auto-trading, and NITE has no control over that. Thats why they are always jumping the bid when ATDF posts a bid. If ATDF raised the bid, so will NITE
It takes some time for these sort of things to reverse its previous trend. No one yet really knows this company exists, and thats just a fact. I think the company will start its climb soon, both in its business progress and its stock price and when it does, it may be more of a rush than a slow climb. Thats the good and the bad of not having much stock in the float. Some companies go silent before announcing financing, others stay silent before announcing sale....there are a lot of legit reasons. I am guessing they are busy selling product and that revenues will end up speaking for the company.
And regarding the float count? Started with about 160K shares - now down to 150K. It takes time.
It will catch up Hokie. It wasn't going to happen overnight.
Well, its back to pre-split levels, just what those boys wanted. So any further decrease amounts to serious losses. Take them now and get out of the way. Please.
BS - thats just a MM trying to sell as much before jumping to the bid to fill. Nothing more. See all of those odd asks - thats a known Stratton trick.
There are those who are obsessed with business, and those who obsessed with stock. Unfortunately, when you run a public company, its not always an easy balance in the beginning to handle both perfectly. I think looking at the pockets of the insiders is not a wise move - unless you look at the pockets of all insiders in public companies. Then again, when you fixate on what they have versus what they are doing to grow the business, such an examination usually overshadows and complicates their successes. When you focus on stock, you lose sight of the big picture. I can understand that here on the OTC its all about how you can make money flipping the stock, so there will public attacks on managements decisions on how they structure the company, the decisions they make to keep manufacturing costs low, how they secure money - its not easy, especially when you are undercapitalized. All companies that are public and undercapitalized use their stock as payment, in several different forms.
But for all of the analysis that has been provided, the company now for all intentions, is a private company with public company reporting responsibilities. It has a 160,000 share public float and only 1,350,000 shares outstanding. Managements shares exceed 75% and more if those preferrers are converted. But to suggest that they own all that stock to dump it here, in the cesspool, it won't be worth doing at .0001. No, I believe all this was done in accord with the CEO's letter. It has allowed the company to reboot its cap structure, place it in a position to attract real capital and get off this exchange.
The other problem here is that some of the smart guys (who sound smart) are attempting to micromanage the company via their experiences, by only negative innuendo, explaining how the company screwed you with the reverse split, how there is no underlying real company and that this is somehow a scam, but the truth is, many companies that are successful start out small before they start their growth curve, but in order to do so, they sometimes need to clean house.
The positive posters analysis looks at the markets, the companies products, the partners, the successes so far which are transparent, measurable and factual. The negative posy here focus only now 1 thing, the stock, who has what, where and for how much. Then they attack managements ability to execute because of what they did with the stock. I suggest otherwise, and I think the company has been proving it as well.
Obviously most were not privy to offers the company may have received prior to the split. When they say they have a plan, I believe it. Maybe it wasn't an overnight plan as some wish, but I am sure there is a plan in place and it has already started. would guess its a long term plan as outlined in the CEO's letter. She has delivered what she said she would so far. It's hard to disagree with that. I see the split working exactly the way the company said it would. So far.
Seems that the company is focusing now on sales than it is stock. It restructured its stock and retired debt the way it thought best to benefit all shareholders and it seems to have now moved on to actual business. Things don't seem to be happening fast enough for some. If you are one of those who want instant results (pump and dumpers/flippers) best to get out now while in your mind you can salvage whatever you can. Seems that a few posters here, even though they hold no positions, want you to do the same.
But don't come back here crying in the future.
Nope. New blood is hanging on the sidelines waiting to see how low the MM will push it down. That's all it is. No bid support for a reason. People who will invest waiting to see how low MM are willing to push it. Lots of buyers over the last couple of days in the 3's. Now trying to panic selling. This was expected.
So you might as well sell everything now and allow real investors to take your places.
Expect supporters to wait. Too much talking about when shares will be free. Why pay $3.00 when they can pay $1.00 Let all the sellers get out now with such a low float, and then once those shares are gone, we'll see where this ends up.
The stock price now is unrealistic and a complete sham. You need to consider there are NO SHARES in the float, and what you are seeing is MM trading on book entries only. Again, there is NO STOCK actually trading.
He is right on that point. Bid support is what scares the MM's from shorting stocks. Problem here is that everyone wants everything done yesterday, and it doesn't work like that unless its a scam. No company can move as fast as day traders want them to, and this is one of those companies that will intentionally move even slower so as to not make mistakes and do things the correct way.
You are funny. As far as what I know, people who have called the CEO even on weekends got to talk to her directly. Even posters on this board. There is no special relationship needed as you imply. And your conduct on other boards seem to indicate you always think you can do a better job as well as arousing disgruntled shareholders for takeovers. Unless you were just kidding on those boards. Sensitive. When it comes to my money I am sensitive and it makes me examine underlying motives for conduct such as yours.
There is a difference between a dissenting opinion and intentional negativity. If you need more direct answers, since you obviously don't like mine, call Lorraine. Tell her directly your qualifications and that you would like to be on the board since you are very skeptical as to her and the companies abilities and obviously think you can do a better job. There are some things I am entitled to know as a shareholder, and a lot of things I am not. The more answers you get that you don't like, the more you become negative (dissenting is not the term).
Companies do not disclose the level of information you are seeking. All we can do is look at the filings and draw our own conclusions - or call the company, and hope to get answers. Its just you don't seem to like the answers you are getting. I would pay attention to your own company - if you truly have one. Seems that you may have your own financial and administrative issues.
I know that the Henderson office is the companies physical office. Actual office space. It also does not appear to be the company's attorneys office (Doney Law Firm has a different address). As far as CVS, I can only guess that the company has sufficient inventory to fulfill orders placed through CVS because the one thing I know, CVS, like other pharmacy chains, has fulfillment requirements that must be met to maintain vendor standing. Another company I had invested in a few years back sold through Rite-Aide, so I am assuming similar requirements. Low travel expenses - either she is paying for it directly out of personal funds, or, they are coming to her - have you seen her? Can't blame them for wanting to meet her in Vegas.
Reading public company financials you will determine tha more than 95% of this net losses are due solely to how stock issuances must be booked. That's all.
It takes several days for the DTC (the electronic deposit system) to repopulate shares from old CUSIP to new CUSIP. Thats what my broker is saying. Are you looking to sell? because you can BUY right now and trade the shares that you buy now.
Explains a lot then.
I promised someone here that I would stand down. All of you have no idea what a good CEO is capable of on a shoestring budget. I could easily jump in here and add real color, but I have said my piece, provided you with proof or lack thereof from the company, and you have what you have. Next time NEVER invest in a company run by an engineer. It will always be a continuous science project burning through millions to find the next best thing. This CEO has no business experience at all, especially in a technology she claims is differential. GLTUA
BTW, the company that owns the patent reached out last week to Chaya upon my request. She ignored them again.
7 shares @ $2.50? Really. Stop playing games and just get ALL the way out of this already.
PCA "Patient Controlled Analgesia"
Maybe I would if I had no real way to develop it. I'm guessing it was just an idea he decided to cover with a patent but had no means or expertise to bring it to market. Maybe the opportunity arose, so he revived it and sold it. Maybe it was valueless with out RXSF base patent. Interesting questions for the company.
Think its just NITE again, back and forth. No stock to fill sales they made. Thats all. Hammer down, pound out stock - but there is none. Not yet anyway.
Those are good questions better posed to the company. But from what I read, the company now owns that patent now, and its active and current. Thats all that matters to me. What Dr. Jurson was thinking or what he did, is irrelevant now.
Then that would be an SEC violation, and FINRA does investigate PR.
Thats probably a conflict of interest. $3.00 Yea right. AEGIS was involved in one of the last public offerings, and you think they don;t have any stock? This one is OTC bound because of failure to deliver. I believe that the Wocket device has hurt this companies credibility. They should stay with what they allegedly know - technology, networked biometrics - had no business, and worse, NO EXPERIENCE on the retail side. Former government heads running this company have no clue.
Waiting for shares translates into SELLING. You can buy shares now, just can't sell them yet until they are cleared. They are not cleared in my account either. All the talk of clearing stock is concerning. You can only want them cleared to sell. You don't need them cleared to buy.
I see nothing has changed. The last PR actually was interesting. She publicly called ZWIPE and MC a liar - and I can't tell you what her motives are, but in my opinion, thats not the way to make friends, and in the POS industry, its ALL about relationships and friends. I think she has changed direction several times since she started the company, maybe to try to stay ahead of the field, maybe just a way to continue raising money without producing anything of value - I DON'T KNOW.
NO ONE has actually seen this card work THE WAY SHE SAYS IT DOES - other than possibly a few clandestine foreign banks - if that. To take swipes at ZIPE is unprofessional unless your card is already out, being used, and is tested by a certifying agency as to doing what you say it does. It has not. And there really is NO SECRET you can hold back (if its material) because this is an AMERICAN public company, and there are strict disclosure rules that need to be followed.
Be that all as it may, IF she found the golden goose, then you will all do well ONCE she straightens out the IP issue, because THAT is a BIG issue, like it or not. As an engineer, she must know that, you can't continue developing products UNLESS you already have the IP issues covered.
I am still waiting to see what happens here.
I think its safe to say, whatever is happening now with the stock, or over the next 3 weeks is irrelevant.
Yea, its WAY MORE than you get from other OTC companies.
Yes, 3 trading days in the $3's
PPP, according to you, this should have dropped to .0001 already. You know how thinly traded stocks work, there are numerous bids not showing. You won't get anything trying to scare stock out of anyone. There is none. Wow, what a novel concept, demand exceeds supply. Sit back and learn a lesson in stocks. It will take a few weeks, but the education will stay with you for a lifetime.
Can't have volume to hide in without shares.
That's just a nasty tactic. No relation to reality with that bid. And no one has 100k shares anyway. Lol.
Finally, a sense of humor.
That's probably because no one else is interested. You see, by taking a completely dissenting position hurts your reputation as it is seen with ulterior motives. Had you been fair and balanced, maybe someone would take note. Because it seems you are incapable of addressing anything positive, any one of your suggested approaches would fall on deaf ears. If you want to make a case for a board position so you are in a position to understand the reasons why call The CEO, submit a CV and pray. Your approach is also not a good business approach. It's more of a jilted girlfriend than a seasoned business professional.
Not for future events or non public material information, but for reasons on why concerning past events, of course you can. You just choose not to. The disclosures have the answers to all of your questions. For instance, they pulled the safe off the market not once, but twice to make it better. Its all in the filings. We can only guess she committed to CVS, not because she is irresponsible, as you constantly imply, but she must have the resources in place to fulfill. I don't think any business person in their right mind would commit to such a program without knowing it can execute. But then again, it appears every one of your post tries to make her look irresponsible. Again, absurd and to what end.
I have a feeling the more you push, the better the reasons underlying her decisions. There are some things as shareholders we are entitled to know, and others not. I am supposing that the SEC would consider those reasons immaterial, or they would have been developed more in the disclosures.
Again, this is a forum for RXSF, not a fishing expedition or a shooting gallery. I am content with the disclosures. Why would YOU want more if you're not a shareholder as you claim, and have no intention of investing in this company.
All I see in that post is tremendous speculation and conjecture. I can understand some of your questions, but those are management decisions thats best taken up with management. I know its always easier to criticize and form opinions, but that means you are playing monday morning quarterback without the benefit of the knowledge for the reasons they chose that game plan. I understand its your viewpoint and disagreement, but its always best to know the answers before you ask the questions. Everyone can disagree on how business is conducted, thats just the nature of business. But I don't see the harm, because there hasn't been any.
A lot of your "questions" have been answered in their disclosures. You can disagree with the reasons if you choose.
For as much criticism you pound this company's management with regarding how the stock is handled, you also choose to ignore everything else, from a business perspective they have accomplished and continue to accomplish. For every 1 negative nuance you bring, there are 10 positives.