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I am freeing up more cash so I can buy as much as I can here! Hope the news doesn't get around too fast, I am all in here! Have even borrowed all I could on my Brokerage Account!
New acquisition I had heard did $67 Million last year, rumor has it!! Chance stating "Because of the size of the transaction, which is much larger than NES as the Company stands today" kind of confirms this!
Even with a downturn in business this year, NESV could be producing $50-$70 million per annum. No wonder they have been talking about up listing, this would definitely put them in new territory and Big Board Bound!!
I am cashing my 401k!!! This is huge news! So it is three Companies in Texas not one!!!!
"Because of the size of the transaction, which is much larger than NES as the Company stands today, it has taken and enormous amount of time and capital to complete the pre-closing process, six months to be exact."
I am loving it!
Because I keep adding at reduced rates, conversions I see as an opportunity that I am cashing in on! Hope it goes lower! Maybe I can catch Kreger if they go to a penny!
When the Texas acquisition is announced, there will be a huge bounce!! :)
NESV's current revenues are $20mm, you rarely find pinks that generate any rev's, so you are getting the picture, there is a grand scheme and it doesn't involve day trading or fluff news. This will rise naturally once they are in position~! :) Buying all I can afford at these prices, won't catch Kreger but have a sizable amount.
This is why I like this Company! They are not in the least bit interested in trying to pump news out there, just executing.
Rumor has it, and that is all I have, is that this Texas Company is really 4 Companies being marketed as 1 and the Revenues are 3 times that of NESV's current revs. of $20 million, which would make them an $80 million Company overnight once they close.
That is why I am so bullish on NESV and why they believe they can move to NASDAQ once this one is completed, which I think will be soon. Their actions of not putting out fluff news for day traders tells me this is a serious play, with huge upside potential for investors down here. Look at this guy Kreger who is buying up large blocks of shares in the open market, he knows something for sure so I am following his lead.
An LOI with a Texas Company would be huge news for the ordinary OTC Company, but NESV is not ordinary!!!
My hunch from limited intel I have is they are completing the acquisition and the first thing we will hear of it is when it is old news, share price will be further north of where it is today! But you can do the math and kick yourself when it is announced.
I decided not to post on here until the big announcement hits, which is rumored to be soon.
Realized no matter what you say on here, there will always be positives and negatives so what is the use!
I believe NESV will perform, that's all that matters to me!
This is the only stock I own that has an active board and realized the reason why, it's on the OTC.
I have a pretty good size here! These past few days have been adding at this level as I see it as a bargain, but that is just me!
An acquisition will make this pop like a fireworks factory. Just have a feeling it is going to be soon.
That's what I have heard!
From the sound of it! It's a game changer for NESV! We are not talking pennies anymore, we are talking dollars, which will make me a very happy camper!!
NESV heating up !!
If calculations are right should hear some news about now! When we do, nae sayers will run for the hills they will be so embarrassed! :)
That's going to be a good day!
Scooping up some big blocks today!
At this rate I may catch up to Kreger! :)
Combination of all the above!
Need to be long and strong as there is no hyping here! Believers will be rewarded and everyone else who sold here will be kicking themselves! Mark my words!
Thanks I am loading up like crazy at these prices!
Thought I was going to miss out! Averaging down and letting it ride! :)
Acquisition I know is going to happen, just a matter of when is the question!
And it will be a game changer for NESV, they obviously believe they will be NASDAQ or NYSE material soon, so I believe the rumor is of a significant one that will propel them off of this crap market they call OTC.
This is why I continue to buy down here, again the JD acquisition announcement caused the stock to soar over 6,000% last year when nobody was looking, and for this to be at $.04 per share today, am betting for a repeat, and when it does, will be dancing a jig on the roof of my Office Building!
I am loving the cheapies!!!
Keep em coming as I will take all you give me down here! :)
Hope I didn't miss the Boat this time!!!
Had a problem with my account today so was not able to buy and my Broker was gone for the weekend. Wanted to buy up about $10k down here at the $.05 level but was not able to place orders! Crap was like a kid at Christmas looking in the window of the toy store! :(
Hope we see this again on Monday as I am averaging down!
I put in an order for $3,500.00 to take the 70k in shares and won't take my order!!! Anybody else having problems? My Broker is gone today! Figures!!!
Submitted an Order for 20k at $.05 and it won't fill! :(
?? anyone understand this?
It is not his fault, but I am sure he is getting some heat on the restatements.
Marcum has their ways of doing things and from what I was told about their old auditor, didn't do anything wrong but was not as thorough.
Sure! How much do you want? Give me details! :)
Christmas in September!
Picking up some more at these prices. Don't know who is selling but thanks!
Oil Stocks That Could Make Investors a Fortune In 2015
Great article:
http://moneynews.net/2015-oil-stocks/?wmrid=35002&wmaid=1205
Wrong again!! Not one called a default according to the Company!
Facts, nothing but the facts!!!
Ah! But what he isn't telling you!!
The Company will turn on a dime with another acquisition. Many of us here believe they are working on one as we speak.
Actually they are ranked 9th as of April of last year:
Top 50 Auditors Ranked by Total SEC Registrants
1. Ernst & Young LLP
2. PricewaterhouseCoopers LLP
3. KPMG LLP
4. Deloitte & Touche LLP
5. BDO USA LLP
6. Grant Thornton LLP
7. Malone Bailey LLP
8. McGladrey LLP
9. Marcum LLP
10. Crowe Horwath LLP
Entire rankings:
http://192.249.113.81/~heincp5/wp-content/uploads/2014/08/Top-50-SEC-Auditor-List-2014.pdf
They are an operating Company with historic revenues of $20 million annually, why is this going to be hard to pay? lol! Taking things out of context again?
That is actually good that the float has increased! They didn't have enough in the float post reverse for Institutions once they have moved to the next level!
This shows they are actually building the Company!! Why would that be disgusting? lol!
Just find it interesting that's all!
And from what I heard your Company "Stock Legends" was all about doing promotions, heard that from a number of people that encouraged NESV to hire you! Now you are upset that they didn't renew your contract and now focused on dragging them down in spite!!
Sure would not recommend you or your Company to anyone!!! Sounds unprofessional to me!
Very much as expected!
This industry is down all across the board, it wasn't if they had a good or bad Q, it was if they were surviving or not and it looks as though they are. Many Companies have gone out of business this past year, this report shows me resilience which is very good NESV!
Now need to pop in a few acquisitions and we should see some rock and roll!
Let's get these shorters~! Scum bags!
Hey Rubs, what do I need to do? I have $80k worth of NESV. I know we need to get more Bid support which I will do Tuesday, will put $3,500 on the Bid closer to the close as we need to tighten the Bid/Ask. Where should I put my Bid and what should I do with my shares I own in the Float?
The only change I see is the Intangible Assets which was announced in a previous 8k.
Marcum is the horse they are riding to the Kentucky Derby, so they have to do what they say, not if it is right or wrong.
Valuation of Intangible Assets highly subjective, depending on who is valuating them. In this case it is clearly one third party valuator calling the glass half full, and the other half empty.
Not something I am worried about at all!
If they do get off of their duff's and look into it and see who is painting the trades, I am sure they would find out, but everyone knows that isn't going to happen. They could care less about OTC Stocks. I know I don't except for NESV.
I think they would be better off dropping out of this market and return as an IPO on a National Exchange, and bypass this crap market. But that is just my opinion.
LMAO!!! Too funny!
He never would answer the question! lol!
Just tried to discredit, which is in their forte!!!
We know better!
Whatever! Done beating that topic to death!
So you are not answering the real question that we all would love to know, are we going to see another paint down today?? With $10.00 worth of shares? Come on can't wait 10 minutes for an answer!! The suspense is killing me! lol!
I am sure they are just fine. Intangible Assets are valued by a third party independent source, not performed by the Company or Auditors.
Intangible Assets include Customer Lists, Relationships, years in business, etc. and is extremely subjective! Can be argued either way. So why are you pointing fingers here that is the real question?
Are we going to see another paint down again today with 15 seconds left to trade?? Curious!
Agreed Sheeple! Can't wait for NESV moves up as these MM's who manipulate, not only in the market, but here on the chat rooms really gets under my skin! It is obvious what they are trying to do but Regulators turn a blind eye to their antic's which is at us everyday small investors peril. NESV is the last penny I own because of this crap!
You are cracking me up!!!
Hanging you hat on a biased assessment on "Intangible Assets" done by Keeton's third party assessor, and now the third party assessor for Marcum seeing it differently! They call it "Intangible" for a reason and measurement of an intangible asset will undoubtedly vary from person to person perspective!
Ever hear the term "Absence of Malice", far off target with your acquisition's.
But keep digging, maybe someone here will believe part of what you are saying!