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With some news out, this will soar to the moon! Hope to see some soon!
NESV has $24 Million in assets according to the annual report!
I think I heard NASDAQ was the target exchange, but they will need another acquisition to get there, so my guess is we will hear of one here soon as I know they were working on a few.
NESV is a $20 Million gross revenue generating company with $.08 EPS last quarter. Makes you wonder why they are on the OTC in the first place. Loading up folks!
Double digits today! Selling pressure is off, let's see how far up we can bring this!
Great day today, I think we cleaned up all of the overhang now let's see if we can't get this into double and eventually triple digits where NESV belongs!
Give me some!! :)
Hitting the .069 ask to see where we go! Not much resistance to double digits here!
Better buy down here! This thing is going North!
That's because they are!! Let's move this into the double digits today!
Agree Wolf, $$$ here!
The Donohoe Advisors NESV hired were Ex High Level Executives at NASDAQ and NYSE. I didn't know which Exchange they decided on going to! I think 1 more acquisition will align them for the up listing and with Donohoe's guidance will get them there. They do have a first string team!
I heard they were NASDAQ bound, is that still the plan or is it NYSE?
Agreed!! Way undervalued, getting in down here is a no brainer! They also have $24mm in assets!
They bought 2 of those all terrain cranes last year for $1.9mm each. It is what they use to move rigs in and out of drill sites. Get them coming and going!
Picking up more today! At these prices why not! A positive revenue generating Company like NESV should not be at $.05 for long. I think whatever they are working on, we will hear about it soon, and it will turn it around. Been here before with NESV.
With an acquisition, that can very quickly change! When they announced JD Field last year it skyrocketed 6,400%, and have a feeling that is what is about to happen again! All aboard!
Taking more today! Figure it is a bargain down here, will support what investment I already have in NESV. When this thing breaks out, I am sitting pretty!
Makes sense QuickDraw, I spoke to another long investor close to the Company and apparently there was a $40k note that was sold to Black Bridge and in early June they started converting. Their MO is to dump the shares into the market hoping to drive the share price down because they have a clause in their contract that for 40 days following their first conversion they get more shares. They benefit from the price dropping below a certain point which triggers another issuance!
He told me they just converted over 1mm shares last week even though the original note was already converted and sold. I have never heard of this type of thing where they can come back after the fact and get more shares. Sounds illegal to me but I am not an attorney.
He also said that with the amount of dumping they are doing, the Company and/or another large Investor is looking into market manipulation with legal/regulators as that is definitely illegal. Had to do with percentages of ownership or something which went right over my head on what he was talking about.
So it makes sense the shorting is just MM's doing what they do here on the OTC.
Agree Quick! What is up with the deliberate shorting?? This is blatant!!!! Hitting the low bid at EOD!! We need some news to get rid of these two MM's!
U.S. Oil Export Ban to be lifted, will restart the boom!
http://news.yahoo.com/senate-energy-panel-votes-lift-oil-export-ban-171009263.html
I will be smiling once the big news hits, which I believe is coming! They have been positioning for months now and I think it is going to happen soon!
With you there Rubs, this Company has not been sitting idle, they have been adding BOD's, name change, to name a few, I doubt very seriously they would just be doing this for their health! Something is brewing!
Shorters at work again! Suspicious of anyone posting negatively here~! Wish regulators would enforce policy!
Glad someone is looking into it! It is blatant!
Shorts!! No way the Converts can move 3mm shares in 3 days, not happening!
LOL!!! This has shorting written all over it! Even at 10% with only 5mm outstanding there is no way the Converts can move 3mm shares in 3 days, not happening! Maybe 300k in shares, but not 3mm!
Can't convince everyone here to the contrary??
Shorts are driving this down! It is very apparent because of the volume, you would have to have 20 converters doing so at the same time to hit the volumes we have been seeing! No convert will ever do so over 5% at a time as they would have restrictions on selling!
Rise and Shine!!!
Everyone talking negative is probably promoting for a short set-up!
"The drop in price in NESV, it is obvious, is not only the work of converters, but some serious shorting of the stock as well! Wish to share any insight on that?
3mm shares in 3 days! It is impossible that converters would convert more than 5% of the total outstanding at a time as they would be restricted from selling in the open market. From the looks of it, cdl is the work of one convert, so tell me how many shares have traded which represents over 70% of the total outstanding in three days if it is not the work of shorters!
Makes me very suspicious of anyone talking negatively here!"
Squeeze the Shorts!!
Everyone talking negative is probably promoting for a short set-up, and none of who has addressed the question!
"The drop in price in NESV, it is obvious, is not only the work of converters, but some serious shorting of the stock as well! Wish to share any insight on that?
3mm shares in 3 days! It is impossible that converters would convert more than 5% of the total outstanding at a time as they would be restricted from selling in the open market. From the looks of it, cdl is the work of one convert, so tell me how many shares have traded which represents over 70% of the total outstanding in three days if it is not the work of shorters!
Makes me very suspicious of anyone talking negatively here!"
Because you seem to know everything else!! Can't answer the question?
Oh! Really!
From the sound of it, you had first hand knowledge on who was converting.
None the less, the drop in price in NESV, it is obvious, is not only the work of converters, but some serious shorting of the stock as well! Wish to share any insight on that?
3mm shares in 3 days! It is impossible that converters would convert more than 5% of the total outstanding at a time as they would be restricted from selling in the open market. From the looks of it, cdl is the work of one convert, so tell me how many shares have traded which represents over 70% of the total outstanding in three days if it is not the work of shorters!
Makes me very suspicious of anyone talking negatively here!
Is this from first hand knowledge? Did you just recently convert?? :)
I will keep buying at these levels! Have averaged way down over the past week! :)
Not at all, as long a there is a glimmer of hope, which there is, the only play I have is to go long!
We are all frustrated, including me, but not giving up on NESV because there is something cooking in the Kitchen. Have no choice but to go long, actually averaged down (again) this week as it is so cheap. Hopefully we hear something soon.
Agreed~! Maybe if they got rid of the convertible notes we would see an appreciation.
Impressive Hogan! This is perfect!! They are positioning for some big moves I just know it!
I think the comment is very valid, someone who repeatedly crying the sky is falling for over a year is silly! Obviously NESV is not going bankrupt based on share price! Has no reflection on how the Company is performing in daily operations is my point!
LOL!! I can trace emails from you from over a year ago with these exact same comments!! Too funny!