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Amen!!
Been Holding since beginning of June and been reading the board pretty often. do not have as much as you guys, but Not letting anything go anytime soon! wish I could pick up more. maybe in the 5's. Thanks to you and other Longs (hope you know who you all are LOL) for your work here on this Board. I've been learning alot. Bashers do not stand a chance here!
Thanks again,
All MINERS Have a Good Day!
AMEN!!
AMEN!
WEEEEEEEE!! Been holding since Beginning of june. will Continue to stay around
AMEN! LOL I have been in since .0011 .12 i am holding long!
I have been in since march. checking in every once in a while. Holding for long, buying when I can :) GLTA
Good deal thank you
Yes I do
Looking to buy more MINE but just wondering! On my phone now, have to read more when I get home to my puter
Reversal? I run into a revers split after buying into a stock before, is this going to be another RS experience?
i have been a fan of 5Hour Energy, playing trucks in the Construction/logging. But not invested. LOL
Thank you Papa! I pass your post on to a few!
Thank you! Been following this Board for a week now, and good to see no Bashers! i been sitting on sidelines taking it all in! LOL im still green!
i got in last thursday, then again today. hoping for more today when cash clears. I like what im seeing and looking long term. Big thank you to all the DDS!!
still holding NVAE and bought more the other day! i am on a one post a day ban on NVAE board LOL! have a good day!
All this time you been crying over 6M shares? LOL
I agree Ceo! no crying Scam Here!!
Good News Jimmy! Thanks for update~
GM NVAE! Still Locked and Loaded here! good news today!
That was my first thought hahaha Go NVAE!!!
GM NVAE! Locked and Loaded!! It is all coming together nicely!
GM to all! Great to see some new strong Positive posters here Jimmy!
I am still on a 1 post a day probation here, Not sure anymore when i get out! LOL have a good day!
~~~JIMMY40 POST~~~ NVAE Updated Filings and Due Diligence and Attorney Letter.
http://www.otcmarkets.com/stock/NVAE/filings
Attorney Letter
http://www.otcmarkets.com/financialReportViewer?symbol=NVAE&id=99390
Please note the Attorney who signed off these filings works for Algae International, the company reversing into NVAE! Seems happy with what he sees?
All that is left is the attorney agreement to be filed then 3-5 working days afterwards ...we are FULLY CURRENT and Algae International is expected to file a super 8K detailing plans of the re-organisation and revised share structure!
See summary of what could happen below and decide for yourselves
Algae International Press Release Dated 05 November:
http://news.yahoo.com/regus-advisors-announces-reverse-merger-savanna-east-africa-133620789.html
Algae International Five Year Profit Forecast:
http://www.alliance-ventures.net/wp/wp-content/uploads/2012/07/AIGI-ExecSum-55M-ISO_2.pdf
This reverse merger was first publicised in early July last year. Many of us who regularly post on the board have already bought all we can. However, the price is still a very good entry point to load up. Very good indeed.
As well as the reverse merger, Algae International (AIGI) has also had a private offering of shares, which will be listed at the same time. The share offering has been jointly handled by Alliance Ventures and Regus Advisor's. Regus is a private merchant bank with offices in 11 countries. Regus is clearly a serious player in the Texas and wider USA finance and investing community - amongst other markets.
Regus Website: http://www.regusadvisors.com/
Regus and Algae International Press Release: http://www.prweb.com/releases/2012/4/prweb9374859.htm
Regus 05 November Press Release: http://news.yahoo.com/regus-advisors-announces-reverse-merger-savanna-east-africa-133620789.html
The share offering had a minimum subscription level of $27,000, for shares at $5.50. The private offering closed at the end of January I think and I believe was fully if not over subscribed.
At the time the offering closed, Algae International put out a press release to all on its email list which implied quite strongly that they were planning to move forward with the listing imminently. All the work to clean up the old NVAE shell has been done.
It has also been noted that the attorney who wrote and signed the attorney letter for NVAE, works for Algae International. I think that can also be taken as a good indicator of what Algae International think of the cleaned up NVAE "shell". It would seem that Algae International are indeed ready to reverse into NVAE.
You can see that the private offering was aimed at serious private long term holders and institutions - that's why the share price has been set at that level ($5.50). As you well know, many institution's have a minimum share price they will invest in and won't invest in any company below that share price. That to me seems to say that after conversion, there won't be many freely tradeable shares that people are willing to sell as they will be holding for higher returns.
The news that came out on Friday was widely expected. It had been discussed on the board by me having had contact with the company's previous majority share holder - Philip Verges. He has relinquished his 51% controlling interest. New investors have come on board in the last few weeks as well and earlier in the week, and are holding. Also maybe no trades took place on Friday as it's a long weekend in the USA so people are away with family?
We are also trending on Twitter: https://twitter.com/search?q=nvae&src=typd
There are newer entries on Twitter than I saw on Friday, some names you may already be familiar with on the list! So eyes are on us.
All we are waiting for now is Algae International to file the papers. ETARHEEL filed this very helpful post on Friday explaining what is likely to happen from here on in:
Newby info.:
"An APO is a quick transaction compared to an initial public offering (IPO). At the closing of an APO, the public shell and private company sign merger documents to complete the reverse merger; file a Super 8K with the Securities and Exchange Commission (SEC), which is the required public disclosure of transaction; file a registration statement with the SEC to register the PIPE shares; release PIPE funds from escrow; and issue a press release announcing the completion of the transaction. The company’s stock now begins trading on the OTCBB, reflecting the new valuation."
To be honest, I'm not sure exactly what the new ticker will be as there is already an AIGI listed on OTC Pink sheets.
This is an unusual reverse merger for OTC Markets as a very credible company, which owns the FULL intellectual property rights and the trademark, is reversing into a shell, for access to capital markets.
Algae International's Five Year Profit forecasts seem to suggest strong almost exponential profit growth over the first five year:
http://www.alliance-ventures.net/wp/wp-content/uploads/2012/07/AIGI-ExecSum-55M-ISO_2.pdf
This doesn't take into account any possible government grants or the strength that government contracts will add to the company's balance sheet. Government contracts and maybe even a government grant would speed up their production and develop the 12 sites they have already identified in California, USA.
On top of that, I have been told by Mervyn Price, owner of Regus Advisor's that Algae International intends to start working on overseas markets as well.
In overseas markets, I believe they have two options - to either sign individual licences with companies or licences covering an entire country (more likely). No doubt they will then agree royalty payments with the licencee. This saves them trying to negotiate with international jurisdictions and dealing with all local peculiarities for each new market. Instead this will be done by the licencee.
I presume they will also get a fee on signing the licence. That will then be money in the bank allowing them to expand even further and more rapidly in the USA. If they are given a grant by the US government, that alone will send the share price into orbit.
It's all to play for .... we are just waiting for Algae International to start filings detailing the conversion ratio time table. I think they will start doing that after NVAE's status is upgraded to "current" on OTC markets which I'd expect by Friday of next week.
Please note, the above post is neither a recommendation to buy or sell the stock. Everyone thinking of investing in a company should always conduct their own due diligence, to satisfy themselves, according to their own investment criteria that each compan
IMO, its not Dilution She is Smelling!
GM NVAE!! Nice job Jimmy and Thanks to to everyone else with their DD's... hope to be seeing the Fat lady Sing this week!! LOL
Yeah $1. LOL. GO NVAE/AIGI!!
Thank you!!
You too!! Im in it for the long run and in no hurry.
LOL GO NVAE/AIGI!!!! haha
Lets hope snack time is over!
I am a follower at this point.. Good DD work from Others, and a bit on my own. I can hold as long as it takes with this RM. GLTY as well and Have a good Day!
i have Time ;)
Thank you for you DD on This stju! Much Appreciated!!
I like your Thinking!!!!
GOOD Morning!! Today will probably be the day for things to happen, seeing that i won't be online till tonight! GLTA!!