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That's a great range to be in. I know a couple longs that are in that range because of avging up and we have great support there, too. I wouldn't worry if I were you. Even if it drops again, I'd avg down. IMO of course.
Big things are happening here and I'm sure we will get news soon and then again and again and again!!
$RSHN
I understand. I got in RSHN at 0002/0003 and it took many months to move. SO long that I sold my shares to use my $ elsewhere. The following week it ran to 0006 and I kicked myself in the a$$ and bought in much higher costing me more $$.
It's up to you, but if you believe in a company and are willing to wait then stay. If you need to use your $$ elsewhere then go.
We don't have a crystal ball. We're waiting on PRs, filings, and our own DD in the interim.
$RSHN
GLTA.
We had news last week. Did you miss it? News is news whether it was what you were expecting or not. 6 days ago:
https://globenewswire.com/news-release/2018/11/01/1641582/0/en/RushNet-Inc-RSHN-XYZ-Hemp-Inc-GRPS-and-Apple-Rush-Company-Inc-Announce-Testing-of-CBD-Enhanced-Apple-Rush-and-Other-Products-Including-From-Florida-Brewery-Co-Inc.html
I think they have a PR strategy lined up and they know when and what news to announce. They did it for P@TN and they know how to drive PPS up.
I haven't heard of $NOUV doing anything on its own with them and I sure hope not. Have you seen their SS? They have some serious cleaning up to do. IMO
How would that work anyway if those two merged? Regarding SS? I'm not sure how this works.
Also the hemphubapp they (sister) are currently working on will be a medium for sales.
What's happening in 6 months, BKK? Please elaborate. thanks. $GBLX
That didn't happen over night. It took many dips to get to where we are. Too much dilution here. Anytime you buy when you think it's bottomed, to avg down, they dump more shares when they see buying. Consequently PPS keeps dropping and shareholders lose $$. Anyone who keeps averaging down at this point must be a masochist.
You can only do so much DD, BLAAARP, but that won't help when you have a CEO lying to and deceiving his shareholders about their debt.
And unfortunately I'm still holding.
Really? Was it the old page? This page started posting on Oct. 15, looks like. Not many, but enough to know things are happening
Yeah at 5:14 AM. Could've been a typo. I'm half awake at that time myself. Regardless, I'm not going to over analyze it as the pieces to the puzzle are coming together. $ENTI
I never ridiculed it. RH mentioned it before so I always knew it was a possibility. There were many posts speculating what the terms would be as well.
this is great, Slojab! Thanks. Apparently they've been working on a lot. I'll give them some slack for the website not being up. I'm sure it will be soon. $ENTI
So from post on Oct 15th on FB page, looks like they will be doing a RS 1:333. Which isn't all that bad considering the PPS we have gotten in and also the drastic share reduction that will occur:
AS from 30 billion to 500 million
OS will be only 90 million
So apparently they have cleaned up the SS a lot thus far.
Oct 15th, 2018, FB post:
I'm excited by Encounter's future prospects. I acted by written consent to effect the following corporate actions, which are pending review by FINRA. The corporate actions are: (i) the approval to effect a split down (reverse split) of Encounter’s common stock at the ratio of 1:333 (which would result in there being a total of 90,090,091 shares of common stock issued and outstanding following the reverse split), (ii) the approval for conversion of shares of our Series B Preferred Stock into shares of our common stock prior to the reverse split down of Encounter’s common stock and the approval to eradicate our authority to issue Series B Preferred Stock in our articles of incorporation by amending our articles of incorporation to remove any reference to Series B Preferred Stock, (iii) the approval to eradicate our authority to issue shares of Series C Preferred Stock and to amend our articles of incorporation to remove any reference to Series C Preferred Stock, (iv) the approval for restatement to our articles of incorporation to reduce the number of authorized shares of common stock from 30,000,000,000 shares to 500,000,000 shares, (v) the approval to amend our articles of incorporation to restate the terms, voting rights, preferences, and designations that govern our Series A Preferred Stock and to amend our articles of incorporation to indicate such restated terms; (vi) the approval to issue post-reversal shares of our common stock to certain interested parties who have aided our development (which issuances in total shall not exceed 6,207,500), (vii) the approval to change our certifying public accountant, (viii) the approval to authorize our board of directors to file a registered offering under Regulation A with the Commission and to extend the authorization to our president to undertake all acts and provide authorizations to accompany such undertaking; (ix) the approval to authorize the Company to conduct virtual annual stockholder meetings and to approve an amendment to our articles of incorporation to include a provision for said conduct, (x) the approval to authorize our board of directors to [initially] obtain an over-the-counter listing to trade shares of our Series A Preferred Stock on the Link Alternative Trading System, (xi) the approval to authorize the adoption and implementation of an omnibus employee compensation plan, (xii) the approval to authorize our board of directors to file a registration statement under Regulation S with the Commission, (xiii) to approve the payment of a stock dividend of shares of Encounter’s Series A Preferred Stock to become payable to each holder of Encounter’s common stock (as the same holders are listed on Encounter’s shareholder list), (xiv) to appoint two directors to the board of directors, and to approve the authorization to our president to undertake all acts and provide authorizations to accompany the aforementioned undertakings. After all these years, it's time for Encounter to start sharing the load, especially, for its shareholders.
Hi ENTI, looks like things are continuing to manifest behind the scenes. I just saw the ENTI FB page. Its been updating :
https://www.facebook.com/enticolorado/?eid=ARD-MlmeE01JxEt3n1zJWfLpxh_CXhosBjgLepO972R2tk7ybgfgDLDw3m_hJXOsbRjuDNVR_-32mRRf
Open your eyes! Instead of giving them a 5% profit like the last few weeks, you all gave them an 11-13% profit. They're even on this board telling you what they're doing. I don't understand how anyone is so naive to keep buying into this and lose money. PPS keeps going down...
If I buy more, I will once we get real financials and when we hear from DRUS themselves, when there is actually a chance for a run then.
It's also up 400% since June. If you're confident in what you own then you just need a little patience. At least till the end of the year/Jan. This doesn't happen overnight. IMO
$RSHN
I agree, Justin. I think once they start posting earnings this will move continuously. $RSHN
I agree, THV. It's happening right now, started a couple weeks ago. The problem here is those peeps you mention are not looking for growth here, they're looking to flip and make a small profit because they know they can here and that's what they've been doing.
This is making it difficult for what you mentioned to happen:
"But then as weeks Continue to go by and real money continues to flow in becoming profit, well stand back and watch the evolution for DRUS begin in earnest."
It's going to take financials and clear communication from DRUS before that happens.
Again, hope I'm wrong. I'm just a realist. IMO.
GLTA
If Mike was "thrilled" about the SP movement then I'm even more worried than before.
I hope this turns around, too, but he could've offered a little more than that.
Way to go! Now there's no 10 Q plus we have to wait for the 10K till end of the year. He didn't sound too encouraging about a potential PR.
If there is no PR and we have to wait till Dec 31st for any communication, DRUS will be in low trips, maybe even no bid.
Not surprised at all, well with the way they've been managing thus far...
Where did you see this? I haven't heard of anything happening the 17th of this month. Please post where this was stated. Thanks!
No worries. Just making sure we're not spreading the wrong message on this board as other's might think that was the case here. GLTA
yep , that about sums it up, bdod. $RSHN
OK, it's just that you called RSHN a scam the other day, so that doesn't sound like you think RSHN is legit. IMO.
Maybe it was the best time for last week. But the way DRUS is moving, next weeks best time to buy will prob be at .0009.
Definitely BS. We don't even know the name, so contracts and revenues? LOL. I had to call it out because this board doesn't need anymore misinformation. A RM was posted before and it turns out to be a RS. So that blatant misinformation needed to be addressed.
I don't even know why the RM post is still stickied. It should be removed as it is extremely misleading and incorrect.
The companies are related, KP. You'll have to go way back in the DD to see it. Also, this was not overlooked. It was the main topic on this board about a week ago. Nothing gets past this board when it comes to DD. There are many longs here who have contributed. $RSHN
Thanks, Stewy. I'm still trying to grasp all the figures. From what I know, it's going to be good for $NOUV. Looking forward to Nov 12th and 15th to get some more info from the companies.
Is this the date you're looking for, QS? I saw this in a PR:
In addition to PURA’s plan to file its 2018 Q3 report on or before November 12th, NOUV management plans to bring NOUV current with its reporting requirements in the same time frame. Accordingly, the two companies plan to cooperate in the declaration of a stock dividend on the November 15th target date whereby PURA shareholders will be eligible to receive one share of NOUV for every five shares of PURA that they own. The two management teams plan to promptly move forward with securing all necessary oversight authorizations and approvals in order payout the dividend as soon as possible after the declaration.
Looks like Nov 12th $NOUV becomes current and Nov 15th the shares are available to PURA shareholders.
https://ih.advfn.com/p.php?pid=nmona&article=78539406
Very soon! By November 12th NOUV should be current according to their PR. I think SS will also be cleaned up once the 2.5 billion shares are distributed to PURA shareholders.
There are 500 mil OS in PURA and each one of those will get 5 NOUV shares. That's 2.5 bill. Some restructuring should happen. IMO
$NOUV
You do know why that high of .35 happened, right? It was due to a reverse split. You're new to this board so I want to make sure you're up to date.
Please post a link that confirms your statements. Or any info that can corroborate your statement:
QUOTE:
"Filings coming this week, news promised once current, and full reversal in place with recent highs already at 035. This is one of those rare opportunities to make a lot of money. Huge revenues, recent partners and lots of great contracts with little to no debt. Big play don't miss out"
What contracts, what revenue?
Are you on the correct board, Dollarsilver? To me it seems like you copied and pasted it from another board here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144651803
GLTA
Yeah, Coppatop, it is odd because I know what float is regarding the SS, but it doesn't fit well in that phrase like you said. I googled it, too, and found nothing.
Well, at least it's not take the price down. We don't need that, that's for sure! Hoping this is one of those anomalies where the PPS goes up after a RS. Time will tell.
GLTA
Supposedly:
1. 100 - I need Shares.
2. 200 - I need Shares badly but do not take the stock down.
3. 300 - Take (or I am taking) the stock down at least 30% so I can load shares.
4. 400 - Keep trading it sideways.
5. 500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal.
6. 505 - I am short on shares
7. 600 - Means provide resistance
8. 900 - Means let the stock float
9. 911 - Pending News/Press Release On The Way
10. 1000 - Don't let it run
11. 2100 - Let it run
Not sure what that means exactly to let the stock float. Maybe let it stay at that level? But that would be keep trading it sideways, no?
I got some cheapies from whomever dumped the 45s. When I saw those up I placed my order. Anytime I can avg down I will. Need to accumulate. I have much more in sister RSHN, been there since trips, but I know this one will run faster when it's her time because of the SS. Loading the boat!!
$GRPS
Yes, market is always uncertain, but it's not often you can say its a good thing. I'm just in NOUV because I got in early and didn't want to chase the others. Personal decision.
I'm a techie so Google is my best friend. A wealth of info there and I like that website investopedia. Just got to remember that what's usual on the big exchanges doesn't usually follow in the OTC.
$NOUV
A spinoff is when a company takes a portion of its operations and breaks it off into a separate entity. In a spinoff, shares of the new company are distributed tax-free to shareholders of the parent company. Companies spin off portions of their operations for several reasons. When a company has a profitable division that isn't exactly related to its core competencies, it may decide that putting that division under separate ownership and separate management enables both parent company and subsidiary to focus on what they do best. Another common reason for spinoffs is when a large company with many separate divisions has a stock price that management feels understates the value of those divisions put together. By spinning off one or more of those divisions, management hopes the combined stock value eventually surpasses what it was as one consolidated unit.
When a spinoff happens, investors in the parent company automatically become investors in the subsidiary through the tax-free distribution of new shares. New investors can purchase shares of one or both companies.
Either type of investor should be aware of a few things that typically happen to stock prices after a spinoff. It is common for the stock price of the parent company to take an immediate dip. Assets that now belong to the subsidiary were removed from the parent company's books, which lowers its book value. However, the value of the subsidiary's shares tend to make up the difference; the sum of the two stock prices typically approximates the parent company's pre-spinoff stock price.
Historically, spinoffs have been good for investors. On average, both the parent company and the subsidiary outperform the market during the 24-month period following a spinoff. Investors who have been able to withstand the unpredictability of the initial days and weeks have seen nice gains. New investors looking to take advantage of a spinoff's historical benefits must choose between investing in the parent, the subsidiary or both.
Aggressive investors with a high tolerance for risk are often drawn to the subsidiary. As a smaller company, the subsidiary has more potential for growth. However, compared to the more established parent company, the subsidiary's stock price is more volatile and subject to market whims. Even though spun-off companies generally do well in the long term, the early bumps in the road with which any new company must contend are enough to scare off some investors.
Those looking for more stable returns tend to stick with the parent company. Most companies that are large and established enough to spin off a division have low volatility, and their stock prices remain stable even when the market oscillates wildly. During uncertain economic times, risk-averse investors look to the parent company after a spinoff for better-than-average returns without excessive risk.
Read more: How do spinoffs impact investors in the both the parent and subsidiary companies? | Investopedia https://www.investopedia.com/ask/answers/032415/how-do-spinoffs-impact-investors-both-parent-and-subsidiary-companies.asp#ixzz5Vj3Jamyz
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Everyone is waiting for Nov 12th. Plus that was Kaly PR not NOUV.
IMO.
We're good at least volume has picked up since last week. We're getting more action now.
Who cares what it's going to be. We're in here at a good entry point. It's worth the risk to us. We've done our DD and so have you.
What do you care what we do with OUR money?
Just like we don't have any definitive info, neither do you. When was it definitively said that it's off?
It's always been a response like not at this time or some other qualified answer. Nothing was definitive.
I'm willing to wait. There's a lot of filed docs that tell us they are cleaning up $ENTI. We shall wait and see.
when Goulding mistakenly added the ticker to those that he was going to give an opportunity to pick up shares of the XYZ "IPO" at a discounted price, then rescinded. There was no IPO and there were never discounted shares offered.
None of us cared about the "IPO"! The point was, which you still don't seem to understand and evidently never will, it's that $ENTI was bundled together with GRPS and WRSA at some point on the XYZHemp website.
And look whats transpired with GRPS and WRSA thus far.