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It is my own personal belief something big is in the works!! :)
Who cares, all OTC Companies use these lenders, nothing new!
I do love the bargains, any news and NESV will light up like a Christmas Tree! :) Buying all day long!
Lovin this! keep em coming as I am buying! :)
Bargain time!! Buying all I can down here! Thanks to whoever is selling! Take all you can spare!
No real resistance to $1.00
Let's test the waters to see if NESV can bounce to true valuation.
Ok, here is what he just sent me which shows their deceiving tactics:
"The “Valuation Period” shall mean forty (40) Trading Days, commencing on the first Trading Day following delivery and clearing of the Notice Shares in Holder’s brokerage account, as reported by Holder (“Valuation Start Date”). If at any time, one or multiple times, during the Valuation Period the sum of Estimated Shares and Additional Shares already delivered to Holder is less than the Notice Shares, the company must immediately deliver enough shares equal to the difference (“Additional Shares”). A Conversion Amount will not be considered fully converted until the end of the Valuation Period for that Conversion Amount, as decreases in the Conversion Price would require the issuance of more Additional Shares, and thereby the issuance of more Notice Shares."
He said this was how they benefitted from the price falling which they orchestrated. Can't prove it, but this was buried in the docs presented to them to sign off on.
The Blackbridge Team has a guy by the name of Greg Dimas (not sure of spelling) and the Managing Partner is Alexander Dillion.
Chance does not want others to fall into this trap and I told him I was going to expose them on IHub so the word can get out on these guys.
According to Chance, he believes so, they had the most to gain from shorting. Let me see if I can call him and if he would give me a copy of their conversion docs. Will be back to you.
Q will be filed tomorrow!
Called last night and Bob Chance answered his phone which is a first for me, usually get voicemail! Said they had a slight delay in filing because of the handoff from their old auditor to Marcum their new auditor. Said they will be complete and out tomorrow.
Since I had him on the phone, I asked him who was converting and dumping the stock in the past few months, he stated it was a company named Blackbridge who he said was the worst he has ever seen in the business!
Apparently it was someone third party who held a $46k note and sold it to them, the Company did not see a dime of that money. Blackbridge had a provision in their docs that allowed them to short to get more shares for 40 days after they were paid and why they were trying to push the stock below $.04, so they could claw back more shares, a provision he has never seen.
Now it all makes sense to me why we had been seeing all of the shorting and dumping these past two months. He said last Friday was the end of the 40 days on the principal and today is the end of the interest portion.
Tried to get more info about acquisitions and such out of him, but he would not discuss future events without an NDA in place, which I declined because I am actively trading, but from his tone seems very upbeat for whatever that is worth!
So if we see a run on trying to go below $.04 today which is Blackbridge's last day for the interest claw back, then we know where it is coming from, and the only way they can do it is trying to short it down as they do not have any additional shares!
FYI
I think up! Doesn't look as though there is down pressure like last week and before. Maybe we are in the clear.
Yea, someone needed to sell, will buy all day long down at these prices. Thank you whoever it is that is selling!
Good to see! Very thin from here on up!
Down pressure seems to be gone! Let's slap some asks and see where this goes!
You do make good points Integral
I know we don't always agree, but on this I am 100% with you.
That being said, I have talked to Management in the past and conclude that they are not out to scam anybody, they are trying to build a Company in a down market.
For that I give them kudos and really think they are setting up for a big run here. Being undervalued and having some news could make this Company a real Gem overnight.
I am not worried either~!
Am anxious to see the financials though!
That was what the whole meeting was about! NESV is trying to buy them back! They never intended on letting any of them convert out.
Apparently there was a third party note to a group called Blackbridge that someone sold to them, and they turned out to be worse than Asher if you can believe that! They have until the end of trading today to get the stock under $.04 or they are out! That is why we have seen all the shorting that has been going on, it was because of this group.
Glad to hear that they are buying the other notes out myself, no dilution!
Yep! Sure would, apparently it is in the Auditors hands, not the Company!
It was mentioned on the call Wednesday that they were running a day or so behind. Marcum the new Auditor had to get up to speed after taking over for the regional firm. I feel better that they have a National Firm that is recognized on Wall Street, which Marcum is, gives the Company more credibility!
Most of the time it is the independent auditors that cause the Company to be late!!! Can't blame the Company for that
Tackle the $.09 wall with 55,500 shares after that it is up into the $.20's. Anybody want to hit it with me?
Yea they are filing an extension, Q will be filed next week as the switched from a small regional firm Keeton and Assoc. to Marcum and handing the baton over caused a little delay.
Calling all loyal investors!! Let's have a strong finish!!! Hit the Ask until she squeals!!!
Last acquisition up 6,400% and I think it will happen again and soon!
Facts not Fiction! NESV making a major move soon! Mark my words! :)
Let's close strong and long here!!!!
:) Nice Ask Slap Surfer!!
Ask has to be hit with over 10k shares to move it!
How about 200k worth?
NESV $$$$
The CEO had a call with some close investors about the shorting and the down pressure on the stock. He would not discuss non public information as he did not know who was on the call without an NDA with the Company, but from the rhetoric I got is something big is in the works.
My guess it is financing or an acquisition announcement, or could be both. Just guessing from what was not said, but I did hear end of month for all that it is worth.
I am all in today!! Picking up anything under $.20!!!!! Clearing out of other positions I have to dive in here~! After the call yesterday I am convinced we are going to see some big news by the end of month! LONG AND STRONG BABY!!!! :)
I am buying all day long!! $$$$
I think big news out soon!
Was invited in to listen to a close investor call yesterday and although no non public information was discussed, there is something big coming in the very near future, and tight lips by Management about the subject when asked, gave me the feeling it is huge.
Better get in now if you are not already. Whatever is coming, it will be this month!
Picking up cheapies!! Keep em coming!!
You always show up when there is a down trend!! Starting to think there is a connection here~! Hmmm!!!
Do you have something to gain? I am thinking so!
NESV IS WAY UNDER VALUED!!!!!
All OTC Markets Companies have to use what financial resources available. Unfortunately there are not many options for companies trading on the Market and predators (loan sharks)are often the only resource open to them.
This is one reason NESV wants to get off of the OTC to have access to better sources of money, period!
The Loan Sharks should be the one's attacked here, not the Company!
You can bet your bippy on it!!
Healthy base building here! I know we had flippers taking profits these past few days which is ok!
Once news hits, which I know is imminent, NESV will have a steady march upward! It seems like the Company is in a quiet period, which is self induced as they are working on something really big! Only explanation I can think of as they certainly are not pumping the stock with meaningless Press!
Still very cheap down here, if you are on the fence, have a feeling you will be kicking yourself in the near future, mark my words!
Natural leveling here which is healthy!
Bet we see $.30 plus today!
Round 2, better get it while it is hot folks! This is going to triple digits! With $20mm in rev's and $3.6 in net with this small float it is only a matter of time before investors started doing the math and catching on that NESV is way undervalued!
NESV - heading north from here!! Looking back you will kick yourself for not getting in even at $.20! Triple digits here we come!
Watch Tomorrow!!!
I have brought some attention to NESV, some big hitters that I am in with on other stocks are going to take some positions tomorrow. Like the story and the Company!