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Great post!! Very useful information..
Is that why they just got done giving the CEO a nice fat $60k bonus and the CFO $30k? Does that look like a company that's going BK?
I'm drafting a note to the SEC about the "Naked Shorting" going on here!! Highly illegal..
couple weeks ago..
Roxanna said so..
Good NEWS coming soon!!
NXXI os not going bankrupt!! If that were true they would not have paid off their Series I Preferred debt last March nor their bank loan to Gerber Bank nor their debt to the two brothers whom they purchased Iceland Health from..
It must be nerve racking to be short EMXC now as it is about to EXPLODE to the upside!!
Certainly they have always been in the "ingredients" business..However, up until about three months ago they had been putting most of their emphasis on their retail business..Since dispersing of their retail business it is now allowing them to emphasize strictly on their "ingredients" business..The CEO even said this in their last report..If you would do your DD you would find that they have been acquiring several new "ingredients" customers in this quarter..I have been seeing their product in several more supplements and I even see where they have been teaming up with some Pharma Companies..One Pharma Co. using their ingredients has a new product out now called Divista..I look for this quarter and the following quarters to be quite profitable..
Very well said!! I could not have said it any better..
And the reason for last quarters dim results was because they had just began getting back soley into the "ingredients" business after disposing of their disastrous try at the retail business..I believe this quarter's results and the next will show that they are now on the right track to profitability..
Here's what they produce and derive their revenue from:
http://www.emaxcorp.com/music.html
http://www.emaxcorp.com/studios.html
http://www.emaxcorp.com/emaxnet.html
http://www.emaxcorp.com/tv.htm
http://www.emaxcorp.com/studios.html
I have traded NXXI many times in the past myself so, I am aware of how much it's share price can fluxuate..Everyone has their own opinions but I now see NXXI with rapid growth..Everywhere I look these days I see their Chromax in someones supplement..If you recall last March they redeemed their Series I Preferred Shares..A little later they paid off their Gerber loan..Then, they sold their IH business at a huge loss to pay off those two brothers..I believe their science is beginning to pay off for them and if they were to file for BK they would have done so long before now.. The question now is: Why David Holmes, the CEO of a competitor company recently purchased 15M shares of NXXI? Any thoughts on this?
Something is definitely in the works when you see the CEO from another competing company investing in 15m shares of stock..Pharmachem has been buying up other companies and creating "Subsidiaries"..NXXI could be next..A "Reverse Merger"?
Grantred, NXXI has made many mistakes in the past..The IcelandHealth venture was a disaster and they have apx. $18M of debt coming due in about a year from that failed venture.. However, the last 2-3 quarters have had a very positive looking EBIDTA..(Earnings before interest, depreciation, taxes and amortization).It appears that their ingredients business is now exploding as their Chromax ingredients are beginning to show up in many new products..Also, their CP is now approved in both Europe and in Canada..I have to believe that this is going to be their year..
I agree..
It appears the "Shorts" continue selling shares to keep pressure on the share price. They will get BURNED SOON!! lol..
I doubt very much if He is being paid to pump EMXC..You will get your dividends as soon as Roxanna gets everything right with the pending filings..Why don't you email her directly instead of complaining here?!! She will set you straight.
Yes Yooo..Just watch!!New announcements will be forthcoming..Many people don't understand the paper work and time involved in becoming compliant with SEC regulations..As you know not all investors trade a stock on the "long" side either.. Some are "Short" traders wanting the share price to go down!!
Yes "Yooo"..What you have posted is a very good example of exactly what could happen to EMXC in the near term....Management has been very quiet of late because most likely they have been diligently working behind the scenes in getting the Co. into complete compliance with the SEC and in the mourning of the death of one of the companies co/founders.. My conclusion is that they are in the process of preparing a Private Placement offering to raise needed capital to further the companies rapid growth plan..Furthermore, I believe they are planning to institute a proper and registered "STOCK BUYBACK" program and as well have obtained a new and well recogonized PR firm..When everything has been completed (in the near term), they will most likely request to be listed on the Nasdaq's "Bulletin Board"..These moves when properly completed should bring in many new investors driving the share price up into the .10-.30 range..I would not want to be short this stock!! We are almost there Yooo!!
I have been in and out of EMXC several times..About 4-5 yrs. ago (can't quite remember the exact date) I sold at .13 and it went to .15!! So, I know EMXC can do it..Anyone who under estimates Roxy is making a big mistake..She is very determined to make this company a huge success..
Closing at the high of the day is most always a good sign of more highs to come..
They should be sweating!! The "Shorts" here will be SQUEEZEEEEEEEEEED!!
Nice volume in last two days....More ahead as "Shorts" get nervous!! SQUEEZEEEEEE!! lol..
Yessss....Looking for .03-.04 just ahead..Whoopieeee!!
yeeeeeesh!! Wouldn't want to be "Short" now!! lol..
Yessssssss..."Short Squeeze" is on!! I wouldn't want to be "Short" now!! lol..
"SQUEEZE" the "Shorts"..
I'm again adding daily now!!
Where do u see a $4MM trade?
exactly what they are doing..
You be sure to do that..
I'll be adding tomorrow!!
Received an email from Roxy today saying that Level I has recently been added as a new IR partner..She says she's looking for GREAT and EXCITING news forthcoming..Says the Co. has been busy with a lot of great business to be announcedd within the next few days!!!!
He no doubt knows something!!
It is very oversold. I bought back in today..Roxy says the stock is worth 3-4 cents..We're a long way from there!!
What noise?
NXXI is close to BK..No possible way now for them to recover..It's sad but true!!
Greeeeeen today..Up 6%..
If I recall the float is around 280m shares which is not a lot for a stock priced this cheap.
I received a letter from Roxy today which I'm sure many of you also received with an update on many matters..Basically she said that the co. is working as fast as they can to finish and to file their last reports to once again become a fully reporting co. with the SEC and Nasdaq. She said that it would not be prudent for her office or principals to speak to shareholders in detail until such time that they make announcements by the way of a press release and an 8k filing.
She said that the company has been busy bringing in more management, consultants and industry daily..With them come a great deal of business and activities which will be announced publicly with all of the details in the very near term..
She said to watch for information to be posted on their websites, on wire services and first and foremost filed with the SEC and www.pinksheets.com.
She then went on to elaborate about her husbands illness and thanking everyone for their cards, emails, calls and prayers..