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LOL sweet I thought you where a shareholder. Why would you be invested in a scam company? Just wondering? NILE
If you are speaking of Todd are correct thank you! NILE
Bitnile Bitcoin mining report coming next week!! NILE
Well dont hold your breath there will be dilution till the $220 million has been collected in my opinion. NILE
Yes I am an investor in NILE. Like Tyler Durden
Yes just like I am Tyler Durden. NILE
Also from my understanding in the next 10Q you will see I believe $100 million dollars in cash on the books. As from my understanding they purposely have major cash flow on the books as they are concerned about the future economy and they have money on books to weather any storm coming their way. So in actuality the dilution you are seeing will secure that we have a business during any economic downturn. So if you understand what NILE is doing then you would support the current dilute which is near ending by the way. NILE
Just so you are aware what is happening. NILE is currently a holdings company looking to produce a billion dollar in assets rapidly. Eventually NILE the ticker will only be Bitcoin company and lending company that is debt free and cash flow positive. All the other entities under NILE like properties, start ups and existing businesses will be spun off in reverse mergers like Turn on Green is about to. Next to be reversed merged is Gresham then Ault holding will be reverse mergers last. We will all receive shares in the new reverse merger companies and those companies if they need to raise more capitol will acquire it through the new stock tickers that have been reversed merged. So NILE itself will only be released to bitcoin and bitcoin lending. So dilution here is for the purchases of many assets some of which you won't even see till the next 10Q. As far as our purchase of EYP it may or may not happen. Fact is we are a lender to EYP they owe us money so if someone else wins the bid for EYP we get paid off by the new purchaser or we own win the bid and own a fabulous company. So it is a win win there. I suggest reading and understanding filings and the investments we hold. Also maybe watch some videos the damn CEO is on YouTube 5 days a week pretty much.
Who says what dilution is supposed to do? I think you meant to say in your opinion correct? Would you rather had the debt holder convert notes at a discounted rate and have wrecked the PPS more? When money raised by the company is being used for asset purchases it is a good thing not a bad thing. As the CEO stated many times they are aiming to have at least 1 billion dollars in assets and a profit ratio of 20% across the board making a company debt free producing $200 million at least. Again the company filed twice and PRed twice it would be diluting $220 million in shares. Did you maybe miss those press releases and filings? I really dont understand? Please explain in further detail. NILE
Sweet can't wait!! So you are holding shares in NILE as it continues to drop and you dont like your investment in NILE? Curious why you are holding if you think the company is garbage? Like 20 people read this message board. So not like these posts are reaching the masses. I assumed these forums where to discuss the logistics of the company. But being a bag holder as you say and holding with the expectation it will drop lower I really dont understand the philosophy behind it. Are you saying you bought a trash company that is worthless and the share price is going to drop to nothing and you are still holding? I dont really understand. But we can discuss anything that is happening with the company that would be cool. Like all the investments we own and the continual investments being added to the holdings company we own. NILE
I thought we were going to 20 cents then sub penny? Or where you kidding with your other posts? NILE
Retail sell off has been large here. Dilution and shorting. Shorts fill with dilution. Easy to figure out. It is a waiting game! NILE
Um no they issued a press release and SEC filings the end of last year and the same filing this year. The filing reads they are selling $220 million in shares to raise capitol. Last filing shows us they moved $140 million give orate which left $80 million to go as of April 11th. Now we are 16 days later and have had some large volume days of dilution. So I suspect we have about one more week and OS will be near 450 million when the 10Q comes in couple weeks. NILE
Hopefully it does! I am ready to load for sure! NILE
LOL I am not a trapped bag holder. NILE
No money? So where you getting your info from? Can you post a link to the no money? NILE
o Now going bankrupt. I think you will be surprised how much cash we have when the 10Q comes. Matter of fact we will have a surplus of cash to make it through the hardest storm. But I suppose you will have to wait for the 10Q to see for yourself. it is coming soon dont worry! NILE
So now 20 cents from trips? Which is it trips or 20 cents. Or 20 cents then trips? NILE
So now we going to trips LOL to funny! NILE
You know how many disgruntled share holders file lawsuits. If you knew anything about NILE you would already know there is already a shareholder lawsuit against NILE so do you know what you own? Also NILE sold MULN pretty positive of that when it was between $2 and $3. NILE
Do you know what you own? It is a holdings company that currently owns Real Estate, Hotels, Bitcoin Mining, Start up businesses along with existing cash flow businesses and now buying one of the biggest architecture firms in the USA. Plus by end of year will be mining 100s of millions of $s in bitcoin. You are asking for financing? So how do we pay the financing and the vig% that comes with financing? Think about it. If we didn't pay off the $60 million owed recently to a financer then we would be giving them discounted shares and they would dilute it down to nothing. What makes you think the we are getting financing now? Because we are. Why dont you do some research a little more in my opinion? NILE
As far as I know NILE sold MULN in the $2-$3 Range and we will see it on the next 10Q. It was a big win for NILE.
Not much to be lost about. Company has been diluting for a couple months. Hence massive volume and price drop. It is being shorted because MMs know it is being diluted so the dilution is covering the shorts and there has been a retail sell off lately of people that are scared it is going to plummet more. But that being said we should be very near the $220 million they are raising through the sale. Very near. NILE
Well did you sell and lose your shirt because if it is going lower and you are still in you may lose your shoes also! NILE
You are correct it is a watch and it very soon will bounce. Maybe a week more. NILE
For real? So how did they buy the Bitcoin mining machines, The hotels, all the businesses they own? Would you rather a toxic debt holder dilute? We would be way worse if they let the debt holders convert and sell. Think about what you are saying. Why do companies even go public? The simple answer is to gain capitol selling shares. This is how it plays. Just sell if you dont want it, it is simple. NILE
O no the sky is falling! NILE
No you are wrong. Just accept there is no price requirement. No RS is coming. Geez NILE
What offering? The $220 million. I am pretty sure that is pretty near done. If you calculate what was on the 10K and how much we diluted since then. I suspect by tome 10Q comes next month we will have at least 400 million shares. NILE
LOL ok. So again what are you saying? Is this good or bad? LOL NILE
I am not losing anything a loss takes place when you sell. NILE
Well it was relatively vague. Was your statement positive or negative. It wasn't neutral. I can't read between the lines. Are you saying we will pick up investors at this risk on conference? If so that would be great. Other wise you are very vague. NILE
It is funny. What you going to talk about when the price goes up? How great NILE is? LOL
Not sure what you are insinuating. An investment conference with your stock at a low when you are building value. I can recall countless IPOs loosing 50%+ of value early on then recovering 100s%. So this is no different. You have a company rapidly building its holdings portfolio. If you are a short term investor expecting instant gratification it is probably best you wait about a week before buying. But outside of that the chart is good and RSI is also. So it is just a waiting game. As far as the investments owned by the company they all seem pretty sound investments currently. So until that changes for the worse I dont think there is anything to be ashamed of. Like Ault said build a billion dollar in assets that are all producing 20% we have $200 million a year in revenue minimal. So it is happening and right now should be a great zone to be buying in my opinion. Low volume low PPS kinda no brainer. After 10Q the volume will return back to record levels in my opinion. NILE
The company NILE is looking to buy
https://www.eypae.com
Article on company
https://www.architectmagazine.com/firms/eyp
LOL that is funny. Good Luck!! NILE
Also the company will buyback more shares once the 10Q is filed the CEO also said that will happen. I dont see any major issues here other then the company raising money for investments. NILE
More acquisition news. Those who dont know of EPY it is huge company taking in millions and being sold off under bankruptcy. So if all goes right we will acquire EPY way undervalued. EPY is a post covid play for sure. Anyone complaining about PPS and dilution didn't do proper DD before buying NILE. They issued a PR twice about selling $220 million in shares once last year and once this year. The fact they diluted to pay off debt is actually a good thing. Otherwise we would be getting toxic debt and the debt holder be given shares at a discount and the OS would be much larger. Not to mention when the 10Q comes you all will see we have a lot of cash on hand to get any of the business models owned through a storm if it comes. We have lots of cash flow to stay operating in a worse case scenario. so next 10Q will be much more revealing then let 10K. I am loading more here today. Prime buy zone in my opinion as dilution will end soon. NILE
CEO said no RS for sure. The share structure should be max 450 million by time they are done. As far as delist how is that going to happen? They are on AMEX so there is no PPS price restrictions and they are fully caught up on filings. So no chance of delisting. We have maybe one more week of dilution in my opinion if they are diluting the whole $220 million as planned. So we will rise soon in my opinion. There is a lot going on here with the PPS. We have shorting, we have retail sell off of those who can't wait any longer and we have dilution. All three are negative for PPS. But the RSI is ripe and when they turn off dilution along with the 10Q coming and much more news of added value to the company it will rise back soon. NILE
Well looks like they don't want to dilute below 50 cents so that is good. I suspect they give it a little breath to rise then start again. NILE