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Don't Worry -
There's not much left for LTHUQ to give away!
I don't El Chapo or Pablo Escobar would have agreed.
Please post a link. Thanks
Here is the full article.
https://finance.yahoo.com/news/next-green-wave-announces-additional-140000286.html
Additional Board Appointments
The last paragraph in the article discussed the release of another 1.7 million shares. (Stocks going out, yet no money coming in.)
The Company has granted 1,700,000 stock options under its stock option plan (the "Grant") exercisable at a price of CDN$0.15 per share to the new directors which will vest in accordance with the Company's stock option plan.
Additional Board Appointments
The last paragraph in the article discussed the release of another 1.7 million shares. (Stocks going out, yet no money coming in.)
The Company has granted 1,700,000 stock options under its stock option plan (the "Grant") exercisable at a price of CDN$0.15 per share to the new directors which will vest in accordance with the Company's stock option plan.
September 2019 NXGWF / XON Announcement
https://finance.yahoo.com/news/next-green-wave-achieves-operational-080000547.html
XON Intrexon Message Board Stopped in June 2019
https://investorshub.advfn.com/Intrexon-Corp-XON-27056/
Where are the 1st, 2nd, & 3rd Qtr. Reports?
Since I have been here I have not read them.
Plus1 - How do you think that they will make their money?
0.0017 - And the wheels on the bus go around and around...
Well said Dob
My look at 2020
This company, (and the whole growing industry in general), is like a plugged toilet.
Instead of clearing the laws to unplug opportunities for global sales,
more and more companies are dumping product onto the market.
It's not going anywhere. Eventually it will be a time to either sheet or get off of the pot and look for another toilet.
Insideevs - Battery Tech - Great Website
Where history began, now recognized.
https://insideevs.com/news/375396/lithium-ion-nobel-prize-chemistry-2019/
Our thoughts and prayers are always with you,
and to everyone in this family on the board, during their times of need.
(Years ago my daughter went through 10 months of ICU.)
Stay strong, I pray your wife is back up and going in no time.
"companies needed to make sure they had 12 months of cash on hand "to weather the storm."
It's a long read but has some useful info in it.
https://finance.yahoo.com/m/32c15893-59ed-3942-a100-dad2c2be7205/marijuana-stocks-to-thin-out.html
Isn't it a short trading day today?
Should NXGWF post a formal company letter?
That might clarify things a bit better, verse a hear-say from and E-mail.
After all the stock price has dropped from 0.45 cents down to 0.06 cents.
Sponsor - Why does Varta ring a bell?
Batterieforum - (22. - 24.01.2020)
Dr. Klaus Brandt
Berater
Lithium-Batterie-Industrie
https://www.batterieforum-deutschland.de/kongress/beirat/?group=industrie
Dr. Klaus Brandt - (Source: Lithium Technology Corp. on 04/07/2010)
Age - 70
https://people.equilar.com/bio/klaus-brandt-lithium-technology-corp/1169625
Cresus The value is the same now but.....
What hurts you is moving forward.
I would rather have 50,000 shares when Company X's value increases by 0.05 cents than to now be holding 2,500 shares.
50,000 x 0.05 = $2,500.00 profit
2,500 x 0.05 = $125.00 profit
Later if Company X needs more shares
the board can issue more shares or
have a stock split.
1 to 2 split
50,000 shares becomes 100,000 shares.
Stock price at current price of $1.00 drops to 0.50 cents a share.
My 2,500 shares moves to 5,000 shares.
5,000 x 0.50 cents = $2,500.00
OK Boys and Girls
The Company X has 1,000,000 shares. ($50,000)
Current stock price = 0.05 cents a share.
I own 50,000 shares of Company X stock at 0.05 cents a share. ($2,500.00)
Company X has a 20 to 1 stock buy back at 0.05 cents.
Company X now has 50,000 shares. ($50,000)
New current stock price = $1.00 a share.
I now own 2,500 shares of Company X stock at $1.00 a share. ($2,500.00)
The problem is if Company X goes to $2.00 I have $5,000.00
If I had 50,000 shares at $2.00 a share it would have been $100,000.00
Now the company can sell more shares to investors at $1.00 per share.
I know that I said that I would buy in at 0.05 cents.
I letting everyone know that I have pulled my ticket.
I will be postponing any buy for now.
Burning Through Their Cash vs Tax Losses
My bet would be on 6 digit salaries, name branding sponsor's cut, the black market, and a trapped product sales market.
I think if I took a tax loss, I'd cut and run.
Last post may be older news
"Project Term:
10/01/2012 to 08/30/2017"
"Release Date:
7/12/2010"
ESS - Energy Storage Systems
https://arpa-e.energy.gov/?q=slick-sheet-project/iron-flow-battery
"the ESS' advanced all-iron flow battery technology would ultimately achieve an energy storage cost of $125 per kilowatt hour"
Big Names Investing In "Iron Flow" By A Company Called "ESS".
Demand for batteries is at an all-time high, thanks to the widespread use of smartphones and consumer interest in electric cars. Alongside the Union investment, a group of well-known private investors such as Bill Gates, Jeff Bezos, Jack Ma (owner of Ali Express) and others have invested in alternative battery-powered technology called Iron Flow, developed by a company called ESS.
https://limnews.com/tech/2019-12-11--eu-is-investing-in-batteries-%7C--israel-today.rkhKUcCaB.html
Great. Then I'll break even!
Posted this article for articles listed on the bottom of the page.
Even a couple of articles about Tesla Factory in Germany
Haven't had a chance to read them.
https://newsrnd.com/news/2019-10-23-dispute-over-battery-cell-factory--karliczek-is-remorseful.BJ2MpZAtB.html
That's like that I kept saying that NXGWF was going to 0.05 cents when it was sitting at 0.40 cents.
Then after I said that, way back somewhere, someone shorted millions of shares! Just hind-site.
Here is where I read "Monbat - Third Largest"
https://www.greencarcongress.com/2019/01/20190125-bmbf/comments/
EAS Batteries GmbH has been producing large-format lithium-ion cells and lithium-ion batteries at its Nordhausen site for more than 20 years. The EAS technology is characterized by above-average power densities and is mainly used in hybrid electrical applications. The high safety and performance of the EAS systems are particularly sought after in the fields of shipping, construction machinery, rail vehicles and mining vehicles as well as in the aerospace industry. Since 2017, EAS Batteries has been part of the MONBAT Group, the third largest battery manufacturer in the world[url][/url][tag]insert-text-here[/tag].
What if it were the company that was selling large amounts
of their stock from out of the vault? Would that drop the share price?
By placing more shares out on the market. Being an OTC Trader they would not be required to post any reports (quarterly or yearly) of floats, shares outstanding, etc.
Anyone thinking that the company is dropping the stock price?
Let it fall to the bottom, have a 25 to 1 stock buy back, then turn around and sell off more shares for "more improvements and greater expansion".
Chuck29, After always choosing your posts to always read first,
I must disagree with your last post. Too many of the other companies have followed the same decline on their stock trends. How could Mike Jennings be that disliked to effect their stocks as well?
Looking at 3 month trend of NXGWF.
Previous red has shown a continued descent before a turn upwards.
And we've been hammered pretty hard last week.
A Good Read - Closer To Legalization
https://www.msn.com/en-us/money/markets/americas-marijuana-growers-are-the-best-in-the-world-but-federal-laws-are-keeping-them-out-of-global-markets/ar-BBYombV?ocid=spartanntp
With 11 states plus the District approving recreational use and 33 states legalizing medical marijuana, industry insiders believe marijuana may be legalized nationally in the near future, greatly expanding its market.
In November, the House Judiciary Committee passed a bill with more than 50 co-sponsors that would effectively make marijuana legal in the United States. Though unlikely to pass Congress immediately, it is seen as a sign of hope for the future.