Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No problem, we both have our own opinions. As for Waldron's letter/form that he displayed on, he’s website. I can make up a letter just like it and say anything you want it to say; heck I can even put a watermark on it if you want. Word Perfect can make any thing look official. If you remember, Waldron said he was going to sue Bishop as well, the reason nothing became of it was Waldron made it all up. Waldron was the one who was sued for swindling $500,000.00. Bishop was not sued by anyone including the SEC for what took place, because there were no grounds for a suit.
No argument, we both just have our own ideas as to what took place back then. Hope you made a some monies on your quick in and out trade with NNRX.
I do not agree with your reasoning, first off Waldron scammed Bishop who as soon as he had positive evidence, (suit against Waldron from the firm that loaned Waldron the $500.000 back then, which Waldron never returned). That was the $500.000 he used to scam Bishop with, Bishop pulled out of the deal with Waldron then.
The dilution of shares was from settlement of clams from loans, which were cashed in, in the form of shares that were owned by the company not Bishop. Also more recently shares given to New Executives and could have been part of the New partnership.
It went back to the trips because of the Failed Merger with Waldron. Moreover, has stayed there because of the company going Dark and the lack of news. These condition the Company is starting to turn around with the PR’s the last two months.
Oct. and Dec. Q Report should give a clearer picture of the companies standing and finances.
I must admit, I expected a little more action than what we are seeing. Guess the Stop Sign is having more of an effect than I would have though it would. I am still hoping to see a .0004 pop up on the level II Ask/Offer side before the end of the day.
Can anyone explain the trading this morning? What is with all the trades at 16 shares each that are showing on the IHub’s Trades Sheet? Is it market makers clearing out accounts or what?
Bishop would not have bothered getting April’s Q Report amended it he did not intend on getting current. I expect to see more Q Reports out before end of the month, if not sooner. I was expecting to see the stop sign before this since July’s End of Year report should have been out in Oct… Don’t expect to learn a whole lot from July’s End of years report. October's report should have more pertinent information in it since that is when most of this news started coming out. I think the big news will be in December's second quarter report. That should show the financials from any monies made from California’s Finest and hopefully more than that in December's report as well.
I glance at it as well could not see any major changes unless I overlook something. My guess is there are accounts or lawyers that went over the original Q report with a fine tooth come for some reason and found an error somewhere.
At any rate, this means something is up. There cleaning up the books for something new to come, may have to do with restructuring company, merger, bank financing or evening a major investor entering the picture. All or any of which they would want the books to be squeaky clean.
This is a good thing no matter what the reason, means something is coming more than just another PR.
I am seeing the first .0004 on the ask that there has been in a long time. I’m guessing that we will be seeing .0005’s on the ask tomorrow by close if not sooner.
Your going to see a lot of the .0003’s disappear as traders cancel there ask price. A lot of sellers are going to hold now to see what happens.
Like the new post on tweet and Facebook just an hour ago. on tweet click on pic. Also, says more information coming. Looking forward to an UP WEEK for a change.
Can’t wait to see year end and first quarter report filings.
Looking at the level II I can see, the .0002 are starting to get pretty thin as well. Looking for .0003’s to come back nest week.
Don’t forget the Oct. 2nd and Oct. 21st PR’s.
Oct. 02, 2019 (GLOBE NEWSWIRE)
Tempus Bio Technologies Partners
Tracy Holford Ph.D. - Chief Scientist and Formulator, Tempus Bio Technologies
Dr. J. Fredric Templeman – Lead Medical Consultant, NutraNomics, Inc.
Oct. 21, 2019 (GLOBE NEWSWIRE)
NutraNomics is proud to announce Neil Zoller as Senior Vice President of Agriculture Supply Chain.
NutraNomics is proud to announce Geoff Bazegian as Senior Vice President of Wholesale Materials Division. +
I am quite sure Bishop’s picking their brains, and relying on there expertise. He is getting a good group of professionals around him. And I’m sure he has been reading through the last Fed mandate on Farming Regulations as well as his team. I'm sure Dr. Jredric and Tracy Holford Ph.D both have contacts with labs that can do the testing.
I like it!! Only wish the bid/offer quotes would move up to the .0003 as a bottom number. Hope the .0002’s thin out soon.
I’m not sure of NNRX’s disclosure requirements; they are still governed under Form 15-12G that they filed back on 07/05/2018. I’m afraid we all will have to wait till NNRX files there ANNUAL REPORT for July 2019’and there first quarter report for the end of Oct. and maybe even second quarter report that end in Jan. 2020. I am hoping they will have all there ducks in a row by the end of the year and we all get a great Christmas present with SEC filings.
As for Buy Back, I cannot picture any until they are showing a consistent profit in the future, maybe the winter of 2020 but things would really have to click for them.
There still seem to be some confusion on buying back shares. NNRX as a company can buy back shares and put them into the Company Treasury. This would reduce the amount of available shares for trading and increase share price. The monies for this process comes from available cash on the books. Bishop as president can direct the company to use available cash on the books to by back stock. The process of a buy back is usually only done with access cash on the books that can be returned to share holders in the form of a dividend or a buy back to increase the pps.
Bishop as an individual cannot use his personal funds to buy back stock and put it into the Company's Treasury. He can only buy shares for his own personal use, which would not directly affect the pps.
Very good post and great to read, I was unaware of it. Most news has been on THC and cannabis, this in right down NNRX’s line. Hemp production and CBD has always been Bishop’s direction. I think you have explained a lot of the volume with your post. !!Very encouraging!!
Not since March of 2018’
Could be a buy back attempt, if Bishop has a new source of funds/income it would be prudent for the company to do a buyback which would increase the market value. Were only talking about a little more than a $100,000, which could be in the realm of a possibility.
It could also still be the options from the settlement. I’m not familiar with that process. Bishop could be trying to buy back the options from the settlement.
At any rate, something is happening, and from the last couple of PR’s I am assuming what ever it is, it’s a positive event. Of course, you know what they say about assuming.
Volume down today with mostly trades on the ask/offer price and one nice trade at the close. This could be the start of a move, with the volumes resuming NNRX’s normal range. It would be great to here from Bishop now with a positive PR or an end of year report.
Had a few bucks left in available funds for trading so bought another 90,000 this morning. That makes me all in as well, now it's a waiting game for me now. It sure would be nice to have so good news and price go up to the double digits (.00's) before Xmas, that would be a great present this year.
If I am not mistaken the stock options that were given in the settlement of the law suite that was settled allowed the owners of the options to buy the stock at a discount to current price, this could be whats holding stock at .0002 and explain the large volumes. This could be what is happening, not sure. This could be a good thing they waited for the stock to get to its lowest price before exercising there options.
The stock price is not going to make a significant move up till we see a good end of year quarter report or some other significant PR that is positive.
Correction: Did not mean restricted shares, I should have wrote Treasury shares.
Seems like company selling new shares or restricted shares at a discount to raise capital. Will have to keep an eye on OCT’s security details for NNRX, to see if Restricted shares increase or Outstanding shares increase.
With the recent PR, I cannot picture anyone who is holding shares disposing of them at this time. If they had the shares prior to the last PR, through all the ups and downs of late, why sell now. I can see not buying more until more PR’s come out, but not selling existing shares they have been holding for the .0002 price.
Could at least the two large trades at 35mil each be something other than just normal trading and there could be even more of the .0002 and .0003 trades involved?
I am assuming that it was Company Treasury Stock put on the market to pay off previous Dept, compensation for new hires, or funding on new or on going projects.
Remember, every time there is a trade someone buying. All trades either at the bid price or ask/offered price are buys. Don’t assume that just because a trade is made on the bid side that some one is getting out.
Looks like a second day of ALL buying is setting up, So far all buy on the Ask/Offer Side of the Quotes. This is showing that confidence in NNRX is growing. The more the word gets out that NNRX is making a move we should start seeing the PPS move up. Don’t get to ramie about this last PR, but is a very good start, the next PR should start the move up if there is any substance to it.
As always remember only invest monies in Sub Penney Stocks that you can afford to loose. Never bet the farm on any one stock, always keep diversified you will decrease your loses that way and still make profits in the long run.
That’s what makes the Scotch taste better.
Trading looks nice today all buying with a few exception, two $10.50 and one $21.00 sales trying to get the price to drop to .0002 am assuming shorts trying to get out cheep. I expect to see volume to pick up when word gets around.
I agree with your statements 100 %. Sales and Revenue are only one part of a company. Many companies out there have had zero profits for years and are commanding a rather large price per share. Long Term prospects and planning as well as locations and outlets for products and team members are more important. I’m a long term holder an very pleased with the last two PR’s, combined with Bishop’s statements of late are forming a very nice picture.
The companies move forward is starting. Not thinking about adding personal, states they have added personal, and stating an opening date for a facility in Mass., this is a very good thing. When you start to put dates on things that assures some things are starting to happen.
I'm thinking the wait is over, seem time to buy back in if you sold and new investors will be coming in when news gets around. Of course this i only my opinion, don't buy on my say so, I never sold and am planing to buy more.
There seems to be some confusion on terms here.
All stock movements are Buys and All stock movements are Sells. For every seller there is a buyer and for every buyer there is a seller. Don’t confuse buying and selling with "Bid" and "Ask" prices (OTC uses the term "Offer" in place of "Ask"). “Buys” are related to Asked/Offered prices and “Sales” are related to bid prices. A lot of buying into the Ask/Offer price could be considered a up turn for a stock, likewise a lot of buying on the Bid is considered a down turn for a stock.
When one refers to buys they are talking about buying on the "Ask/Offer" price which will usually increase the PPS if it continues, like wise; when refers to sales they are talking about buying on the "Bid" price which if continues will usually decrease the PPS.
The lawsuit was not today it was flied on March 1st, filed by Bio Matrix Labs LLC against Waldron for $500,000. That was when Bishop first new he had been scammed by Waldron for sure.
When you do research on it, you find that Waldron used $500,000 he did not have a right to in the deal with Bishop. Bishop did not find this out until March when Bio Matrix Lab sued Waldron, see post #40776 by “Bio Matrix Labs LLC” on Friday, March 1st. (Take note of the next to last sentence in the second paragraph of that post referring to NNRX.)
Roll your mouse pointer over the Yield Sign on the OTC site for NNRX it explains it. Since they are current, at the present time, with there Q reports it has to be the limited information given to OTC’s Disclosures and News. They were for a while in late spring current with there obligations to OTC, even though there were not required to be so.
Yield sign is there because of the Alternative Reporting Statius. Back on July 5th 2018 the company file a 15-12G with the SEC which reduced there reporting requirements (Going Dark). It is still in effect; this allows NNRX some leeway in reorganizing company, which they have implied they are in the process of doing. They are current with there Q Reports; I was corrected on that point last week when I though they were missing there end of year report, I was told that there are 60 days reporting time allotted for it.
I’m heading back North the 28th, have to get chores done around the house before winter, won’t be back till after the Holidays. Bass aren’t as big but the Fall season starts sooner up North.
I look at the level II quotes and there is plenty of volume on both the Bid and Ask sides. It appears no one is in the mood to buy on either Bid or Ask numbers today. Everyone seams to be in a wait and see mode for now. There’s either going to be a quick move up with good news when it finally comes out or there’s going to be a new low base at .0003 for a while. I myself think there will be some kind of news by the end of month. Keep your alerts set for a price move and an eye on the OTC Market site for NNRX news/disclosures.
Otherwise, it’s time to start think about Fall fishing for now. The weather will start cooling down in a week or two, so get that fishing gear cleaned up and lubed. Fall top water bite will be starting soon. This has been one hot summer here in Fl., can’t wait for cooler weather.
Anyone take note that the outstanding share count has gone up another 130m…
Did you mean 3mil., total for the day wasn’t 11mil…
Sorry I had assumed that it was 30 days, when I saw a change it the status of NNRX on OTC Markets home page for NNRX in the upper right hand corner. I should know better than to assume anything, you know the old saying.
Maybe you can help me with another question, have you seen anything thing that would change the status of NNRX’s 15-G12 that they submitted July 2018 or is there an expiration date attached to such a filing?