Well it is trading pretty normal remarked so maybe they let off we will see come market open. But news it out today also. NILE

I believe the RSI was in the low 30 and today is high 30s so it is still in the oversold zone. Which is kinda common with dilution so by time dilution is done the chart and RSI will be set up for a run. I am thinking 2 weeks 3 weeks max. NILE

I am pretty sure in the 10q coming we will see NILE sold MULN. I believe they where selling in the $2 and $3 range as they had invested in MULN pre going public so from my understanding they got MULN for cheap investing in it before they went public. But the CEO has been insinuating he sold it in my opinion. We will see. NILE

What don't you get about dilution and shorting. They short it and fill their position with dilution it is pretty simple. NILE

Triple bottom LOL. You would hope. Of course dilution is still going. Do you read the filings? As of the filings they still had another $80 million to raise of the $220 million. We increased OS from 84 million to 260 million and of course I believe now the OS is much higher probably around 300+ million. I suspect at these prices it will take another 2 or 3 weeks of dilution. Our OS should be about 450 million by time they are done at these prices which still leaves a $1 valuation. The $1 is without adding any rations of 5 or 10 year outlooks. So its value long term is still high but short term value is over $1 just based on assets and the OS. We will know when the 10Q comes out next month the new OS and hopefully the are done diluting by time next 10Q comes because we will get out pop then. As value has been added to the company since the 10K was released. NILE

I believe you are right. Looking like a pop here real soon. Lots of value added to the company with recent acquisitions. VEON

Well if they plan to actually dilute the whole $220 million we still have a substantial amount of dilution ahead. But plus is high volume days push us through the dilution faster which is really good. I suspect we get at least a 60 million maybe more volume day today we will see. NILE

Decent news out this morning! Looking for 80 cents again. Great zone to load here. VEON

This is a great time to be loading. The silence from the company and the postponed mine delivery is making shares very affordable right now. I m hoping for $2.60 but I may not get it I am going to load a few here at $2.70 of I can. NSRCF

That is great news. I suspect the 10Q coming next month will have even better numbers then the 10K we just got. Premarket is jamming. They may have let off dilution we will see. If they did then we will see significant move up today. Truth is with no dilution it can reach $1 in a matter of an hour or so. It has happened in the past. With the more shares in the OS it will trade a lot more smooth then before with less volatility. The low amount of shares before of 84 million OS and only 60 million float was to low and that low share structure is very volatile on a stock like this. NILE

LOL ok well continue with the trashing then you may get there! NILE

Well you know the simple answer take your money and put it into something else you like!! NILE

Thank you hope you have a nice day! NILE

Yes we will get shares of the reverse merger spin offs without a doubt. I suspect we get the IMHC shares by end of month or first week of May. NILE

They are diluting for sure. The OS was 80 million now it is 260 million. The CEO even admitted they are diluting. So it is fact NILE

Why are you asking questions you know the answer to? It is being diluted and shorted and the shorts are filling with the dilution. But towards the end of dilution you better bet we see a short squeeze coming and price will more up in my opinion. 2 more weeks or so in my opinion. NILE

We won't know till 10q till next month. But they seemed to have added 180 million shares at .74 which I think is like $130 million. They planned to dilute up to $220 million. So as of the 10K filing they might have dumped another $30- $40 Million if we are lucky. So we will probably be at about 400 million shares by time they are done. Hopefully only $40 million or $50 million more to dump. I suspect we need a few more large volume days. IO am thinking by end of April we should be free and clear of this dilution. Then we get a pop from the 10Q coming next month with the other news added on
NILE

it is a start up holdings company. If you didn't know this this far into it you shouldn't have bought. They are king aggressive and building wealth rapidly and in the process it is debt taking on. If you are against wealth being built maybe you should sell and go play some pump and dump somewhere else that may give you instant gratification. If you can't read between the fine lines of the recent 10Q then no one can help you here. Move one in my opinion. NILE

You are correct but with recent volume in past couple months many are looking for short term gratification. Most of these penny stock players are playing OTC pump and dumps and dilution to them is lost money. One thing to focus on here is yes dilution but it is going to good means and being invested and we can see the investments building. Also there where other choices meaning if the company didn't dilute a debt holder would have diluted and they debt holder would be given shares at a lower cost and they would drive it down more. The fact they have gotten as average of .74 cents per share diluted is pretty good. Now when the 10K comes next month we will see more shares added to the OS and suspect the .74 average is lower but we are nearing the end of dilution. I suspect they have diluted about $170 million to $180 million thus far which means only $40 more million to go. It will be nice when the holdings companies underneath nile spin off into reverse mergers and NILE is only bitcoin mining with 0 debt and revenues near $140-$200 million a year is huge. NILE should be paying some dividends next year and then we get shares in the reverse mergers taking place of Turn on green, Gresham and Ault. So we will own 4 companies at least in total in near future once they find shells to merge the other two companies into. So plus is NILE won't have to take on more debt as our machines are already purchased and it is just pure cash from here. It is the other underlying companies that will raise capital after they after reverse mergered. So it is very positive news from here. We will own at least 4 companies by time this is all done and NILE that we own now will be debt free and cash flow positive!! NILE

Well a $300K order was filled rather quick so I suspect dilution isn't done yet. But we must be nearing an end. NILE

In my opinion you are in at a great price better then 75% of the shareholders in NILE probably. Enjoy the ride. This is for sure a long term play if you can hold out for it. If not should be good short term also.

This company only had 84 million shares previous and I think 60 mil where the float. So the share structure was to low anyways in my opinion once these shares settle in and dilution is done this will rise sharply and we are nearing that time. The share structure now at 200+ million is much more healthy for trading. Not only where we getting diluted we where also getting shorted at the same time which makes sense of course as dilution would lead to negative short term especially with the previous volatile lower float which retail holders have grown immensely in this stock. This is moving up higher very soon. Thing is we should be having more acquisition news in a couple days here which should be a major value addition to the current already awesome 10K. Everyone has to remember this is a growing company and many companies don't even become cash flow positive for 10 years. So far the business plan is solid and with current conditions all should go as planned and this is going to grow into a huge revenue company. Especially when we get share dividends when the companies split and BitNile will primarily be just bitcoin solid revenue and debt free which is massive. We should see a couple more reverse mergers here soon like the one we just saw with turn on green and IHMC we all will get about 1/2 of a share each of IHMC for every share we own and when the other holdings here merge we will get something similar. So the outlook here is awesome. Buying anywhere in 50 cent range seems golden in my opinion. NILE

On January 11, 2022, the Company announced the Molo Phase 1 processing plant (the "Processing Plant"), which was fully fabricated and constructed at an offshore facility, had successfully passed Factory Acceptance Testing and final verification. The Processing Plant has since been dismantled, packaged and is now ready to be shipped to the mine site.

Due to Madagascar's ongoing COVID-19 travel restrictions, and recent cyclone activity impacting the eastern seaboard of the country, the commencement of earthworks and civil work at the mine site has been delayed and commissioning of the Molo Phase 1 process plant is now targeted for Q3, 2022.

Phase 1 of the Molo Graphite Mine is fully funded and when commissioned, Molo will become one of the few operating graphite mines outside of China.

The Company has not yet made a production decision in respect of Phase 2. The Company expects that it will assess the results of a definitive feasibility study before making a production decision in respect of Phase 2.

Yeah it was in the last press release towards the bottom. That the delivery of the mine was postponed till 3rd quarter due to covid restrictions on travel in Madagascar. So maybe we will get lucky with news in July if not probably not going to get much good news till August or later. But I suspect they can lift restrictions any day and if they do then I am sure it is game on. I think when they said 3rd quarter they maybe pointing out worse case scenario. So hopefully sooner we will see. Either way loading anywhere below $2.80 is gold in my opinion. NSRCF

They have maxed their amount they can buyback so there won't be anymore share buy backs. Plus one reason for heavy volatility is the fact the share structure is to low and the actual float is insane low with institutional investors and retail holding for brighter days. So the actually amount of trading shares is probably like 40 million which is not good as it is easy to manipulate low share stocks so if anything adding shares would be a great fix to volatility not lowering them. Never the less all is proceeding as planned we are getting a 10K in a week or less and when the 10K shows what we have laid in stone this will be huge gainer I suspect we reach near $2 plus by end of month and it will only rise more from there when the announcements of the new acquisitions come after the 10K. The company can't release any info now till the 18th after the 10K is filed. NILE

MULN is just one we own and I believe they actually are selling or consider selling MULN. The big stocks NILE now owns is twitter (TWTR) and JetBlue (JBLU). Not to mention many other investments to be announced after the financials 10K is done here in about a week or less. The 10K coming will push this to $2 easy then it should be up up up from there. Plus after the 10K is filed we can move on with the Turn on Green IMHC stock merger dividends. NILE

This is for sure a buy and hold. I understand because pre and after market action is hopeful and suspenseful. But you have to be realistic on expectations. This will rise. Truth is the low amount of shares makes this stock easier to manipulate PPS. So if there is adding any shares to the OS/Float it will be a good thing long run. It takes time for proper valuation of a holding to register in the PPS. It is a fact that the market cap is very undervalued. If we add on the expected valuation just from things we know about it is insane undervalued. So this is a buy and hold. Just the idea of future dividends from all the holdings is massive. They are adding value on a daily basis and it is a currently and evolving real deal holdings company. Long term the future looks very bright for bitnile. They are way ahead of the game. Are they investing in the trendy markets? Yes this is obvious. So people want to label this as a scam. However they have assets many assets. Assets in computer miners, assets in properties, assets in green technology and online information tech, assets in real property with plans to create more wealth in real estate. They are very active in investments with a revenue stream via bitcoin mining. When you add in the public mergers it is a win win for shareholders holding longterm. If you are expecting gains short-term they are coming as we have a 10K literally 2 weeks away and lots of other fantastic news that will follow the 10K. So the company will be more transparent soon and it will climb to the level it is meant to climb to. NILE

That is the word out from the CEO. NILE

You are correct once new machines ordered are installed we looking at 6+ bitcoins per day. Not to mention all the properties we own and stock in other companies. Just the stock we own in MULN and ALZN pretty much make uup for the current market cap. That doesn't include millions of $s in bitcoin miners producing bitcoin and all the properties and tech companies we hold. This is going to be huge when our new 10K drops here soon. NILE

MMs aren't keeping it low. If you go over filings you will see there is dilution happening. But should be near done on dilution. The new 10K coming will shed light on OS and AS and will also show how much cash and assets we are holding. 10K should push this back to $3 plus quick in my opinion. NILE

It gets better then production report we have a 10K coming before the 15th of April CEO has stated that and also Turn on Green is being audited as we speak. The 10K here will be a huge catalyst. Very soon!! NILE

10k coming before April 15th. Turn on green should be fully audited by then also. Which means Dividends should be issued by end of April or sooner!! NILE

Well that isn't true. But the pending lawsuit they have against them is for mismanaging funds which is why the audit and 10K is taking so long. Worse case a fine will have to be paid and Ault may have to step down. Lets hope that isn't the case. As far as the companies holdings and it portfolio they are strong however the rate of acquisitions this company is making and the amount it takes just to stay afloat is very high. So they are burning through cash like no tomorrow. A 10K would make it so everyone knows more what is happening. I suspect when they are done diluting we will see this rise to multiple dollars. NILE

What are we being warned of exactly? I missed the warning? NILE

Just in case you aren't aware of what exactly is happening here.
https://ih.advfn.com/stock-market/AMEX/bitnile-NILE/stock-news/87398334/prospectus-filed-pursuant-to-rule-424b5-424b5
NILE

There is no way they are done diluting the $200million. They might be about half way through that. This is not profit taking you are seeing trust me. But NILE is far from over. Once they are done diluting this will rise sharply. Prior to dilution they had 85 million shares give or take. I suspect now we are at about 150 million shares. Hopefully we get the 10K then we can have some light as to what is happening. But with the current lawsuit who knows when the 10K will come.
NILE

The company is still diluting that is obvious. But they should be done relatively soon with the volume. NILE

You are welcome. NILE

Because they have no 10K they can't get financing. The reason no 10K is because they are getting audited because of lawsuit. So they have no choose but to sell shares in order to move forward with plans. In this case dilution is a good thing. As this needs more trading shares to lower the volatility. This company is huge I posted a link below of the holdings. One positive light at end of tunnel is the audited 8K form they filed yesterday means they are getting closer to being fully audited. This will rise sharply in next few months.
https://bitnile.com/our-holdings/

One thing is for sure in my opinion is adding 200+ million shares will make it trade better these low floats are volatile. Of course going up is fine but when they dump down they move down as quick as they move up. That being said adding some shares can only help how it trades. NILE