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Really
S-8 out for NXPL. Initial Registration Statement for securities offered to employees pursuant to employee benefit plans.
News out!! NXPL expands E-Commerce program in China to include Broad Retail Distribution and Adds Digital/ Social Media Marketing Capabilities with New Partner
Thanks Garrox - Very informative
As Trackdude posted, a 9.5 million dollar market cap is an absolute joke for a company closing in on 60 million $s in revenue. The $26 million in cash sitting in the bank will eventually be put to work. A nice acquisition will do wonders.
three sets of matching (bid/ask) trades this morning.
Email Glickman and he forwards them to Fernandez
Agreed
Holt from talking with Mr glickman, Fernandez is aware of the shareholders concerns and complains. He. Has gotten the message but his attorneys are muzzling him. I simply meant in my post that shareholders have to keep pressuring him by calling and emailing.
If they purposely depressed the share price…yes.
LOL!! Actually, I thought the same thing. Guess we'll find out soon enough. Bottom line is that the fundamentals are strong. If Fernandez manages the merger correctly, the share price should move a lot higher.
JS - You may be right, but why do it in the first place...makes for unhappy shareholders and keeps new investors away..
Thanks for the reminder. In fact he did. Said it was done by an independent valuation company. I told him that it was crap and not a true valuation at all. He knows that shareholders are fed up with what's going on and I believe that if enough of us stay on his a$$ and call them out Fernandez will get the message.
My pleasure.
No problem.
Turbo - I spoke with him yesterday. We will remain quiet in the 45 day period that the SEC has to review the S-4.This brings us to the later part of August. This is per Corporate Counsel. Mr. Fernandez is well aware of the shareholder discontent...hopefully he takes action to dissuade this discontent.
What we need is a good PR firm to get the word out about RXMD. The core business is extremely strong, but RXMD remains, for the most part, unknown.
TD I suspect he is
Yes it's here. Now let's see how the market reacts.
I don't Turbo
A bit of S-4 reading for sure.
Any day now
Thanks SF.
The fact is they have 20 million in available cash along with 60 million in Revs. The fact that major shareholders have injected that much cash into the business speaks volumes as to the major shareholders' belief in the future of the merged companies. Impressive may come when the merger closes.
You forgot to mention the 1600 share buy @ $1.40. When we hear regarding the Proxy Statement and the Merger in Q3, NXPL will be a much different company. $20 million in cash on hand, upwards of $60 million in revenues and essentially no debt. Let's see what happens then.
Yes JS we're close, the proxy statement release is just around the corner and yes I agree, this will drift until the merger is completed and announced. Things should change then.
You too turbo
Thank you so much
Yes. I love it here. Just so expensive
Same here my friend. Have a great weekend
Great spot
Love it out here. In San Diego til Tuesday night
Agreed JS
Yes. It’s coming
I am on the west coast for a work related matter. Just read the board posts from the last 2 days. Just as a reminder we should see a proxy statement in the next couple of weeks which will open the gates for the Q3 merger. That is the event we are waiting for. Nxpl becomes a new company with $60 million in revenue and $20 million in cash. Things should change when the merger is complete.
That was good.
Yes RIO. Should see this moving after the merge
They will after the merger
We have all gone through hell with this never ending quiet period. But there is light at the end of the tunnel. Q3 we have the merger to look forward to. That will be preceded by a proxy statement which we should see by months end.
When Progressive and Nexplat merge, Nxpl will benefit by having $60 million in revenue as well as $20 million in cash. This should bode well for us. We will see.
Exactly
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