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Agreed. Many are sitting on the sidelines and speculating until official news is released, but P*RA has already said that it's a definitive deal.
Interestingly, the bids at .0002 always increased huge right before the dilution happened. Almost made it look like they were purposely issuing shares to themselves. Whether it’s for the deal with P*RA, or front loading before the price really goes up... imo
Unless someone wanted a sh*t ton of .0002’s lol.
Either way, despite the dumps, the price continues to hold .0002 x .0003 pretty well. The bid always builds back up fast..
Nice post, Wolverine. Thank you for compiling this information for everyone!
Agreed. All we can do is speculate until things start happening. All I can say is that NOUV is in a much better position now than it was before P*RA came into the picture.
If the billions of shares that traded last year was linked to this deal with P*RA, then I believe this restructuring will turn out to be very good for NOUV imo. As you said, time will tell.
That’s right, AJ! In order for NOUV to apply for a name change, FINRA requires stocks to be current reporting.
So because of that, the restructuring process will take some time. But in the meantime, NOUV will be pumping out filings! Very nice opportunity for the PPS to continue growing. 10+ bagger very possible imo.
Today's PR was great news for NOUV, since P*RA now upgraded the LOI to a DEFINITIVE transaction. It's a done deal, folks.
Strange selling games were played in order to get more .0002's today imo. The dumps at .0002 happened immediately when the news dropped, almost like it was planned... anyone else find that odd?
I expect to see the .0002's dry up next week, followed by .0003's and .0004's going into Thursday.
The sky's the limit after Thursday... Once the deal is executed, NOUV will have to become current. So I'd imagine we'd be getting a nice barrage of filings and PRs throughout this process. GLTA!
I noticed the BB can be delayed. Watch NOUV be at #1 tomorrow if not soon!
Solid base built at 2... slow and steady wins the race.
The forced scare is over. 2's should be a solid base now.
P*RA and NOUV Transaction Confirmed for October 4th!
https://ih.advfn.com/p.php?pid=nmona&article=78357077&symbol=NOUV
NOTE: PR says October 6th, but Thursday is actually October 4th
Yup exactly. The selling happened the exact moment that the PR dropped. No way anyone could have had time to read it. Possibly an attempt to scare others to sell their .0002's.
That's right Carlson, I worded it wrong. I believe some were confused by this PR, which caused the .0002 dumps. They are saying "definitive" now which means that it is definitely going to happen on Thursday.
Date of transaction changed to next Thursday now...
Huge bid at .0002 (480m+).. available shares are drying up.
Nice day here, L2 was shifting in favor of the .0002’s. No more ask stackers. Confidence is increasing in buyers. I think we may see .0002’s clear tomorrow if this continues IMO.
Thank you for your insight, this helps to make better sense of the deal between P*RA and NOUV.
Yes you are correct, NOUV shares will technically not exist anymore after the restructuring. I feel that some might be taking that statement too literally. The shares themselves will still exist, but they will be restructured and moved to a new company name... based on your opinion, is that also correct?
The important fact here for NOUV holders is that P*RA has interest in the NOUV shell and wants to use it for their MJ business plans.
L2 shift occurring. 2's should get wiped out.
That's exactly what I believe. The huge volume spike NOUV had last year occurred exactly a week after Canada legalized MJ sales (Oct 17, 2017), and also within P*RA's LOI time frame (as Wolverine19 mentioned). Check this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143788124
Is anyone familiar with Greg Chapman, current owner of NOUV:
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=i8rDk6viUlvlSvH3sCERAg%253d%253d&nt7=0
Does he have any kind of history with OTC stocks? Any internet research I’ve tried brings up limited information.
I see....
I’m curious, how much do you know about Chapman besides that whole ordeal with Entuit? There’s limited, if any, information about him online.
Agreed, Carlson. NOUV will really start moving as soon as the deal closes on the 30th, and we should start seeing updates to the NOUV NV entity as well as the OTC Markets profile. Transitioning to new ownership with a name change:
Yes, currently the wall of .0002's is a massive wall indeed, and it's slowing the momentum down.
IMO, many traders got caught and burned when they bought during the massive volume trading last year, so it's gonna take a little more news/updates to help push the wall and increase confident buying.
Soon we shall see how correct my theory is during the following days. PURA's PR stated: "Look for an announcement indicating the sale has closed after September 30, 2018.":
https://www.otcmarkets.com/stock/PURA/news/Puration-Announces-LOI-to-Spinoff-Cannabis-Cultivation-Business-and-Issue-Stock-Dividend-to-Shareholders?id=204506
IMO, it's a good sign that PURA mentioned the deal again in their PR today: "Puration recently announced executing a letter of intent ("LOI") for a spinoff transaction..":
https://www.otcmarkets.com/stock/PURA/news/Puration-Announces-EVERx-CBD-Sports-Water-now-On-Shelves-in-California-Dispensary?id=204844
I believe the billions of shares of NOUV that traded last year (starting in October) were insiders loading up in anticipation of this deal with PURA.
Don't you find it odd that billions of shares suddenly traded from .0001-.0006 without any news or updates from NOUV? It seemed like a pump and dump at the time. But now, looking at last year's PRs from PURA, the timing is too coincidental for there not to be a connection:
https://www.otcmarkets.com/stock/PURA/news/Puration-Grow-Operation-Acquisition-with-12-Million-First-Year-Outlook-and-16-Million-Near-Term-Growth-Plan-to-Be-Presen?id=165185
All IMO.
LOOK AT THIS CONNECTION: MJ sales were legalized in Canada on October 17th, 2017... One week later, starting October 25, NOUV suddenly erupts with billions of volume (see image and link below for chart). This cannot be a coincidence. The deal with NOUV was planned last year, pending Canada's MJ legalization IMO. Excellent job making these connections, Wolverine19!
https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=110794&p=NOUV#&&vs=636734937761087571
Very nice!!
No problem, man! I don’t think it’ll be long before he pops back in, sounded like he was in NOUV for the long haul :)
News is looking good, and I’m hoping for the best here! If this deal had been in the works for a while then it certainly explains the long silence.
That volume spike last year is what kept me around. There was nothing to cause that spike, no news or updates. Just a random 1B+ volume spike out of no where, to start.
Months later, Chapman then renewed the Nevada entity and raised the AS to 11B. Possibly this deal with PURA was planned way back then?
Just speculating. But literally nothing had explained the reasoning behind all that sudden volume and interest last year... until now.
Finally got some buzz here, Carlson!
There might be exceptions to that rule though, I’m just rattling it off from the top of my head lol.
It does look bleak down here with VCPS, but scams tend to repeat themselves so I wouldn’t be surprised if LaChapelle came back at some point. Maybe try to start up a good business instead of wine this time lol.
I agree. It's most likely an auto-generated date based off of VCPS' SEC filings. But yeah, it'll be interesting to see what (if anything) happens as we enter a new quarter.
The constant adding and removing of shares almost seems like Market Makers messing around, for reasons unknown... almost seems computerized.
I'm not so sure if it's a large shareholder. I 'believe' any shareholder that owns more than 5% of the OS would be required to file an SEC 13G. (5% of 2.8B is roughly ~140m shares)
Patience paid off, TP! Good hold here.
Agreed, this is the blockbuster news we've been waiting for.
PR states it's a reverse merger involving comprehensive terms that include a change of control.
NOUV being acquired by PURA for cannabis cultivation...
If you go here (https://www.bloomberg.com/markets/earnings-calendar/us) and navigate the calendar to 9/26/18, it shows Q2/2018 for Ecolocap's report date:
Now I'm wondering if Bloomberg just uses an automated date based on the SEC filings, but it's odd that the report dates are different.. I guess we won't really know until next Wednesday (9/26) then if it's actually legit.
Yes I agree. Having links and facts is very important, and I usually like to have them whenever I post. I understand the frustrations of overly negative or positive outlooks without a shred of evidence to support their claims.