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Remember that the CEO claims EMXC should be valued at .03-.10..We still have a long way to go..
Not much selling (except for a few traders) because the CEO stated that the share price is WAY UNDERVALUED and should be trading in the .03-.10 range..
Way undervalued here!!..Roxanna the CEO maintains that the share price should be between .03 and .10..Long way to go yet..The audits and filings are soon to be complete.."FULL STEAM AHEAD!!
If you had read the CEO's past posts you would know that all of your questions will be answered AFTER the audits have been completed and properly filed..If you believe that the company will not complete the filings as stated by the CEO then perhaps you should sell short like some others here so, I can see the "BIG SHORT SQUEEZE" that's coming..
That's good to know so, I won't ever use Etrade..
Yo say no short selling??..Perahps you should look again at GuruTrader's post # 6989..!!!
"Jack, as you know (lol) you cannot prevent shorting by simply "instructing" your Broker to not allow anyone to borrow your shares"....
Oh, yes you can NXXI..You can instruct your Broker to put a LOAN EXEMPT RESTRICTION on your margin account..You can do this verbally but a written request is recommended..If you have a cash account your Broker cannot lend your shares anyway..
This locks up the manipulators..
The trading volume is thin because the float here is being held by longs waiting for much higher prices..To hinder "Shorting" all longs should instruct their Broker to NOT allow anyone to borrow their shares..Short Sellers will borrow shares when they can and immediately sell them with the hopes of buying them back later at a cheaper price..This is called covering and they keep the profits from the short sale..
Maybe I should word it this way..Just what does EBIDTA mean? Do you know? lol..
You say the word "before EBIDTA" has no meaning in the financial world..Perhaps you should take notice to the following link..
http://www.google.com/url?sa=t&source=web&cd=12&sqi=2&ved=0CEgQFjAL&url=http%3A%2F%2Fwww.businessdictionary.com%2Fdefinition%2Fearnings-before-interest-taxes-depreciation-and-amortization-EBITDA.html&ei=LsSgTKbzD4SUnQemzfGwDQ&usg=AFQjCNGvCPEeXd1oz-EIjB1NQhVAlgA92A
I do understand the term EBIDTA as do most other investors looking to invest in a company..EBITDA is used as a "looking forward" earnings barometer by many investors..NXXI's EBITDA more than doubled over last year from $1.1M to $2.3M..Plus their CASH ON HAND nearly TRIPLED from the last quarter..All of these are very positive signs for a companies future earnings capacity..
I believe that post answers all of the questions very nicely..
You probably are..
Nice job!! From the recent abnormal daily trading results it does appear that we may possibly have some "naked shorting" going on here..I for one will forward your post to the SEC for their investigation and suggest that all longs do the same..Remember, the wheel that squeaks the loudest gets the grease so, the more complaints the better.
If Naked Shorting is suspected here the SEC will report the evidence as EMXC trades are being monitored very closely day by day..Anyone suspecting Naked Shorting here should contact the SEC..In spite of what you think the SEC will investigate if they receive enough complaints!!
NXXI has become quite profitable these past few quarters before EBIDTA..EBIDTA is a companies earnings before interest, taxes, depreciation and amortization..Positive EBIDTA is looked upon my many investors as a good reason to begin investing into a company..In case you were unaware, EBIDTA shows the apx. measure of a companies CASH FLOW on their balance sheet..Do you understand what "CASH FLOW" means to a company?
Thanks
I'm glad that they are monitoring the daily "Shorting" activity in EMXC to monitor any illegal "naked shorting" going on here.. Keep posting the daily reports and if anyone suspects any "naked shorting" notify the SEC immediately..
There EBIDTA improved dramatically along witht their operating income and revenues which should bring in new investors..
They did post a small loss of $43,000 from continued operations and a small $45,000 profit from discontinued operations so, basically they broke even for the 4th qt..However, their EBITDA was much improved and their revenues were up....Their cash on hand also improved considerably..
All in all I would have to say that their business is improving nicely..
You can buy them right here!!
http://www.emaxmediagroup.com/
He does make some good points however, the points that he keeps bringing up are "old news" and have already been discounted in the share price.. That's why the stock is selling at .0016 and not .16..Once Roxanna has gotten her filings accepted and the past dividends issued, this puppy will "FLY"!!!!Anyone "Short" will be CRUSHED"!! If he wants to lose his money it's up to him..Roxanna has devoted a good share of her life to this company and she will never stop until she gets the company on the path to success..
Larry Oakley picks EMXC and not being paid to do so..
http://www.wallstreetcorner.com/stockpick.html
Here's Roxanna Weber's credentials:
http://www.google.com/url?sa=t&source=web&cd=45&ved=0CCEQFjAEOCg&url=http%3A%2F%2Fwww.emaxcorp.com%2Frweber.html&ei=HJiSTPzzK9KHnQe2zKjFCA&usg=AFQjCNH25EFDoTHhmsIAf-nm57NVC8UuEg
She is very experienced in Corporate Management/Finance and very capable of handling the CEO position of Emax Worldwide, Inc.
Yesssssssssssss!!
Remember that "Shorts" are not your friend when you are trading on the "long" side.."Shorts" tend to spread negativity to discourage you..Do your own DD and listen to your own gut feelings..Never listen to a "Short"..
I'm looking for .03 to .10 just like Roxanna has predicted..Getting in now is like getting in on the "ground floor"..
Very nice post..Most of us here understand the grief Roxanna has been going through in the loss of her beloved husband and best friend Chuck..God Bless Roxanna's health and work in memory of her departed loved one..
It is ready to rocket!!
I'm buying too..This puppy is about to explode upward!!
Definitely "naked shorting" appears to be going on here and it's not hard to know who the culprit is..The SEC will act if enough longs complain.. Here's the link to send your complaint too:
https://denebleo.sec.gov/tcr/add.action?c=15
Abusive Naked Shorting must be stopped!
"SHORT SQUEEZE" definition:
http://en.wikipedia.org/wiki/Short_squeeze
This could easily happen when the announcement is made that the filing work has been completed..
You are dealing here with a "Short Seller" who is driving the share price down with the constant selling of borrowed shares..His intent is to cover his position at a lower price and keeping the profits..If he is "naked shorting", then he is breaking the law and you should notify the SEC if you suspect this is happening.
You on the other hand are a "long" and you want the share price to go up so you can sell later at a profit after the share price has risen..
You'll be seeing it in the next earnings report..Read it and weep!!
Things have changed dramatically at NXXI in the past month..They have become profitable now..I'm looking for their share price to go back to around .50 within the next 3 months..
Momentum is building..Share price going up!!
The bonuses paid were "discretionary bonuses which are normally paid out to employees who achieve unexpected or unusual success!!
http://www.google.com/url?sa=t&source=web&cd=3&sqi=2&ved=0CCAQFjAC&url=http%3A%2F%2Fwww.hrvillage.com%2Fhrfaqs%2Fcompensation%2Fdiscretionary-bonus.htm&ei=QJOITMjBK42lnQewsIyNCw&usg=AFQjCNGvfSrE7D0IfXFzt5-pAL-GLKHWYw
Most likely NXXI will be showing profits this quarter based upon the bonuses paid to their key employees..
The Board of Directors would not give cash bonuses to their company officers without merit..
Thanks for the info..Now we can keep track of EMXC "Short Selling"..