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That dam Amazon CEO is trash!!!! LOL
Another green day! What more can you ask for...lol
Here's what i got from Rik yesterday. Read into his response however you want.
Me:
Rik, looks like the pps is heading back to mid trips. Any words of advice to talk me off the ledge?
Rik:
Things are happening. Shorters are brave this week. They shouldn’t be.
A while back, Rik did say that the MS JV is a lot more complicated than the Nyloxin JV. So I guess that why the MS JV would take longer to close.
Last I communicated with him, he said they will close the $4M JV by August 30 and are in negotiations for a $6M JV for the MS drug trials.
I’m giving him until August 30. If I find out he is full of shit, like most people are suggesting, then I will take a short road trip to visit the home office and see exactly what is going on.
No i don't think it will be today. Not sure when. Disappointing.
I hope i'm right and i hope the updates are positive. I asked Rik for an update on the $4M JV, the other JV and the VA/GSA listing and he said we should have public updates by Monday. He's been a man of his words with me, so i expect the updates Monday.
I'm hearing that we will be getting updates on Monday.
Where did you get these numbers? All the numbers that i have seen does not match what you are saying. Not disagreeing, just trying to find out your source so i can make an educated choice if these numbers are correct or not.
This is copied from a reply to a comment on Nutrapharma’s facebook.
Rik Deitsch
There’s a lot of steps to forming the joint venture LLC. We expect to be fully completed and funded before August 30th.
VFIN is on at .0016. Lowest ask shown is .0016 but when I place an order it fills at .0015.
I finally figured that out...LOL
oh shoot, i'm guessing the market is closed for the day? I really didn't even know that and was getting pissed that my order wasn't being filled.
Well embarrassing as it is, I’m down to a few hundred dollars that are available right now :(
I put in a buy at .0023 for 10,000 and they won’t fill it.
An interesting fact is that they basically sold 49% of the OTC products for $4M, so that would put a value of just their OTC products at over $8M, twice as much as we see the current market value of the whole company. NPHC is extremely undervalued.
I see VNDM got impatient and moved their ask down to .0013. I believe that is definitely convertible debt being sold.
Only $400k of institutional convertible debt. The company has a lot of friendly debt on the books, but it's not potentially toxic.
I know we have about $400k of institutional convertible debt. Not all of it has aged (it needs to be 6 months old to convert into free-trading shares).
This week may be a little weak since Wednesday is a holiday, but I believe we will shine after that. I think we saw a lot of profit taking, short sellers and it was the end of the week, month and quarter also.
That is spot on!
I’m guessing that we get an announcement on the MS Drug JV in 3-4 weeks and will be in Phase 2 trials by the end of the year. But I think we will get other PR’s between now and then.
I'm guessing we get news of the MS Drug JV in a few weeks.
100M volume in an hour, wow! Can't wait to watch this when they announce the JV for the MS drug.
More the merrier. Let's all go for a ride!
You just have to imagine that the GSA listing has to be a go for someone to invest 4 million dollars.
Heck yea! This is huge and it's not even the biggest news. Wait until they announce the JV for the Orphan Drug trials.
Is $4,000,000 considered "adequate funding" for a Nyloxin marking campaign?
I think so...but just my opinion.
Unfortunately i suck at guessing what the PR will be about :(
Yes sir. I'm pretty good at the Guessing Game. :)
I'm just guessing since NPHC usually sends out their PR's on Thursdays and we are due for one.
Any ideal on the content of the update?
That's what i have been hearing. Tomorrow, right?
I believe you are spot on!
I do believe so. I’m expecting news very soon, hoping for this week. Fingers crossed as we all have been down this hoping road before. I have a little more than a hope, but we will see.
Did you hear Tuesday? I was thinking Thursday, but it may not be announced until Tuesday.
Well said.
I'm thinking we will hear something this week.
I do not know the answer to that. I guess we have to wait for a PR to come out.
Here's another conversation i had with Rik last night. Take out of it whatever, but i feel that progress is being made and this will be a winner for the patient people. I don't think the OTC is made up of a lot of patient investors. Most would prefer for Rik to put out a bunch of BS PR just to get the stock to move for a few ticks so they can sell for a few bucks more than they bought in at. I think time will show that this is a real company that may have fallen on their face a few times, but has learned from their mistakes and will prosper as things move forward. Rik has made mistakes in the past and he has owned up to them, I mean who hasn't made mistakes? In my opinion who either jump on and have faith or just move along (I can respect both options). No logical reason to hang around just to bash a stock.
Me:
MON 9:18PM
Rik, you know Nyloxin is an excellent product. I’ve used it religiously for my shoulders while working out and I’ve tweeked my back the other day, which has happen often over the last 10 years. Usually I would go to the doctor and get some vicodin for use until my back gets better. The Vicodin would help, but of course it has its side effects and the doc is reluctant to prescrib. So Friday I ordered the oral Nyloxin and it came in today. Man this stuff is really amazing, I took the first dose then waited about 15 minutes and then went and pit in a 60 minute workout with zero pain. I just don’t understand how we can’t get this product to be the “go to” medicine for most chronic pain. This stuff should be flying off the shelf considering the opiate crisis going on. It can’t be the price, I would think people with chronic pain will pay whatever for a product that really works. I think people just are not educated or just don’t know that this stuff is out there. What are your ideas to get the word out? I’m not just a shareholder, but a client also...lol...that’s from the “Hair Club for Men” commercial.
Nutrapharma:
It’s all about marketing. The team that’s coming in will make our products a household name.
Me:
Is the new marketing the real deal or, no offense meant, some low cost company, like we’ve seemed to have in the past, that never lived up to expectations?
Nutrapharma:
5:14AM
It’s the strategic investor group.
Nothing cheap. Controlled spending with a buildup as sales ramp up.
Me:
8:01AM
That’s great. Is it possible to put out a PR so the share holders know that the company is going in the right direction?