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If nxt goes over $1.50 there is also forced conversion on $2.3M of warrants issued a year ago at $1. Also 200k NewCyte warrants from $.75 to $2 expire in Dec, so that will add a smidgeon more cash to nxt for the ones in the money.
There is a lot more tech added since May 2010; Black and absolute black were never envisioned back then. The last nr suggests possibilities that were not around in March so whether you got lucky then or will again now are not related occurrences.
My lesson is if you want to own something because it is credible and could explode, don't try to make the pennies on flips because you could end up chasing it higher. This is a risky stock but the potential gains outlined on this board and by Hodge outweigh that fear for me and make it worth hanging onto imo.
You can get called any day without warning on a short. as you put it, that is how it is done.
Commissions are tiny compared to when I did it years ago, but the problem remains that when you reshort after getting forced to close your position there is a day or so before you can short again, and the market may have moved a lot in that time. 4 months is a long time to play that uncertain pricing game. If you want a more likely (and just as irrelevant for us investors) theory, those who participated are people like me who are accredited (Venture term for those permitted to participate) investors who held the paper previously so are selling it now. That is how I bought into the previous placement.
This topic is boring since it has no effect on anyone looking at NXT as an investment, so that is it for me. It seems most of the people here are more intent in writing a novel the topic being who shorted and who bought because of a newsletter etc, than on reality ideas that affect their investment. It will be weeks before this pp closes and no news until then.
bpkaus
There is a 4 month hold on a pp, so that is way longer than anyone would risk on a short sale. When you get called on a short sale, everyone must buy back within 24 hours, which is what happened when I shorted dead dog AirCanada a few years ago.
You don't price a pp overnight and there is max 20% discount to trading price when you apply. It needs Venture approval, so crash goes your theory that the significant discount was needed to sell it.
On the Venture there are restrictions on how many stock options can be granted. I haven't followed their issuances, but assume most companies max out in order to keep employees and mgmt happily working.
I don't have ignore privileges, so too bad for you and your sentimental pal dontplayer. I don't have a problem ignoring him though because I make a point of not reading his posts, so consider yourself privileged as you have something of substance.
My point yesterday is the sp has a limit until a contract is signed. Sorry if that is too blunt for you as I was not personally attacking you.
It only helps if you want to sell today or this week or whatever for $1.20 or whatever the newsless sp limit turns out to be. Otherwise stop dreaming and wait for news because that is the only reality.
The sp can't go very far until they get one of the companies signed, no matter if every talking head in America gets interested in it.
Also this. You can click out of the slow motion popups and just read the whole thing too. Just kill the window and it will ask if you want to leave the page.
http://www.angelnexus.com/o/web/37077
Very good, thanks.
So that is a manual process, as far as I know. Anyone want to know how to get it from Marketwire?
Anyone know if there is a way to get prnewswire releases direct to your email free. Marketwire offers that service so I have all my stocks on it, however sometimes NXT uses this prnewswire which doesn't seem to be investor friendly.
How did you find the news? Just trial and error manually checking another site for NXT news?
If you have money to invest in NXT, just buy some shares on the market after the financing is announced. Stocks always trade at a discount until closing because everyone who wants to sell has to do so on the open market at a discount.
A rights offering is a forced participation for the reason I mentioned before. They are unpopular so RARELY done, because if someone has hundreds of thousands of shares and is tapped out for cash he can't participate while he watches his shares get super-diluted.
I hope this is enough explanation of why NXT will not do a rights offering. Some of their shareholders probably do not have money for it. I ran a tight margin prior to last financing, but was able to unload shares at the same issuance price so participated. That swapping doesn't occur with a rights offering.
And people who don't have any money have to sell at least some of their shares (to participate) because they get severely diluted if they don't participate. I.E. Sell what you can't participate in because holding and not participating is not an option.
Rights offerings are seldom done because they are not popular.
Avoid it and pay much more later if they sign a contract. You are right that they do not have contracts now, but that says nothing about the future, because that is unknown. You can write all day about that point but it does not shed light on what the result will be.
You specialize in the irrelevant.
Why don't you contact them then report back here instead of telling others to do that? There is no purpose in telling everyone on this board to independently contact NXT and waste their time answering the same question
Cosmic - Good one. Your conclusion is the obvious one for sane people - no data so no conclusions can be drawn. Sorry to those who posted such wild talk as "Trading obviously proves a bought deal financing is done/on the way" and "Must be Nick Hodge's group ahead of a newsletter writeup."
Below is what you wrote and is the reality. I capitalized the key words to state in simplified form.
"One thing I have noticed is some of the buying comes in spurts and SEEMS to feed off itself. MAYBE that means something, maybe it don't.
But whatever, I tend to think the T/A in this case will be more a history lesson AFTER the reasons for any move is better understood." My comment to all - So the TA is useless!!!!
Agreed, and one way to minimize wasting mgmts. time is by promptly posting whatever mgmt provides, so others will not ask also.
"My niece tells me I talk too much?"
The problem is that you think too little, ergo your mouth is the proverbial loose cannon.
Like Pancake says, FS has no connection to nxt.
When the oil industry thrives it is hard to introduce innovations because "If it isn't broke why fix it?" attitude. Thus all the solar buzz that posters on this board think is relevant may be irrelevant. In case you can't connect the dots, pressure on margins breeds desperate glances at innovations to save companies, so can be fertile grounds for NXT to come to the rescue.
In other irrelevant news, they fired their president a year ago ( and that made big news on this board with some people here at the time although I somehow don't get its effect on NXT then or now), NASDAQ is up 54.42 today and Latimer sold 4,000 shares at 12:50 to TD!!!!!!!!!!!!!!!!!!
Mr Pancake article. Another poster wrote this response to what I posted.
You are delusional or full of it.
To convert 99.7% of incident energy to electricity would require something like 100 junctions stacked, with no optical losses, no thermal losses, no ohmic losses, no band to band recombination losses, no trap assisted recombination losses, no auger recombination, no surface recombination, no depletion region combination, no bulk region recombination, no recombination at metal semiconductor contact.
Link to comment under Steev007 about 10 posts from the top.
I can't post on that board because I used NXT's site address and it has been hung up for hours waiting for a moderator to approve. Someone might want to advise the tree huggers this tech is for real, because most of them don't know anything about solar and are making up their own theories why AS is garbage.
That is because you are confusing admin with science breakthroughs.
Setting up new company as far as figuring progress.
You can set up a tiny company instantly when you are already tiny. That will not give you any idea of progress.
Somebody should introduce Phono to dictionary.com so they learn how to spell planned.
Gold Standard. - That was the stated goal way back before BS, when all they had was the special AR coating process, even before the AR box. Since we are now with AB, the tech keeps getting better if you can remember back that far to ar coating days, so lots of upside potential.
So do we think it will be an actual operating production tool in a few weeks, or just a prototype that needs lots of work? Someone guessed when the nr came out that it would need lots of work, but perhaps someone has connected with Scarpa recently for definitive info.
rtk
nxt is so news starved for something tangible that they would not hide secret manufacturing operations.
And I doubt any unproven aces are of interest to Securum. Just my guess, but this has been a hard sell to convince manufacturers to replace proven furnaces (with no salvage value per Scarpa) so it remains to be seen what the Securum plant will be like but only the government puts big money into unproven processes.
We will be the last to find out what they are negotiating, for obvious reasons including the fact that no signed agreement means there is nothing but speculative value which of interest only to speculators like us.
dontplayer
If they were able to maintain their royalty model you would be correct, all the revenue would go the bottom and the blue-sky vision would be realistic. JV'ing is more complicated, as everyone's share of each item or process revenue or expense has to be in the original agreement.
As a relevant example of contract vision not working out, years ago a guy had a contract with the steel mills to buy, haul and dispose of a waste product. After a while tech made the waste product valuable, so they had to also pay him to not take it away and to sell it to them.
"Personally, I feel Kodak might still be
able to be a part of this."
You must have missed my post a few weeks ago of a Provini article. Provini said Kodak never was and never will be part of NXT financing, and when he had stated it might a week before that, he thought it was a funny little joke (because of its impossibility) that no one would mistakenly take him seriously on.
Please, forever drop the idea that penniless beggar Kodak can be part of NXT financing.
"I wrote to Natcore on the 14th
Thanks rtk. We need all Scarpa updates posted here. Speculation has its uses at certain times, but sometimes it is better for posters to wait from the official analysis from Natcore rather than trying to make an uninformed guess as to how competing technologies will do.
We don't have the resources to be advertising or entering contests either.
jesse - "Would be great exposure for Natcore if Dr. Flood entered and won. "
No sense imagining us devoting resources to win some contest. Manufacturers could care less about that. Flood et al need to make our product work enough for manufacturers to joint venture with us. That is the only kind of advertising that will work for NXT.
nr today Provini obviously has nothing to hide since he chose to have NXT studied by Harvard for what amounts to a free second opinion. Hats off to him.
No one will have to second guess Provini anymore, about whether he is losing deals in favour of an "Employ Americans First" management style. Harvard will study every aspect of mgmt and their ability to achieve goals, so it will all be in the report.
I think anyone who takes criticism personally on an anonymous chatboard should reevaluate their outlook on life. This board should be about making money, so I am a bit blunt about irrelevant ideas but try to focus on reality.
I am glad that you maintain contact with Scarpa to get opinions, but was pointing out to anyone discouraged that so far MX has said there is no technology that stands out like NXT.
Scarpa said about a year ago that every week or so some promising technology claims to have solved the solar economics issues.
Flood had reviewed them all and so far they all are minor improvements or have a lot of issues to resolve.
You might be rght about natgas, but fracking has been around a long time and they frac way below the water tables. The gas is found and proven for 150 year's of supply, so it is anyone's guess where the price will end up, just like always. I worked my life in oil and gas but am not technical so won't get any further into fracking.
NXT hoped to get simple royalty contracts but now find they have to joint venture everything.
Even a simple royalty agreement would probably be problematic to administer in a high tech environment where future processes will undoubtedly be much different than forecast, however a joint venture greement is much more detailed and worse to create. JV's have to account for every expense, capital additions and revenue streams. What may seem waste today may be of value in the future so sharing all of these items often leads to arguments among partners.
I have audited many oil and gas production facility agreements, which to an outsider would seem straightforward. Reality is even in a business process that has been around for a long time, many surprises crop up that are loosely defined in the partner agreement for an auditor to argue with the facility operator. JVing a new process is guaranteed to create complications, so it could take quite a lot longer for NXT to conclude a jv agreement than a royalty agreement.
"I thought ... but I guess not."
You do a lot of guessing, but unfortunately none of it well, such as when you make those insider claims, lol.
If I had ignore access with my free membership I would have more than you on this board on ignore. I wasn't expecting anyone making your level of comments to understand how useless house trading reports are, however for others I have enlightened.