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Morning All, another Friday and the end of summer vacation time this weekend, what will today bring; selling into the long weekend or Speculation buying into the weekend. With OTC it’s a flip of the coin most of the time. I’m betting that there will be more buying than selling. Any one else care to guess, should be share count and news ahead of the EOY this month, looking forward to a good month for NNRX.
Evening All There’s a couple of ways to look at what went down today: End of the month payroll incentives being sold is one way, remembering that cash is king. Old loans agreements shares being cashed in is another way, and of course there is also just people needing cash to be covering borrowed shares in the major markets, which keep taking big hits. What I do know is the value of NNRX’s shares has not changed and is still range bound between 2 and 3, which is a lot better than the majors markets that have been taking some big hits this year and a lot better than Bit Coin has done this year. I’ll leave my shares where there at and go fishing and enjoy the long week end. OOPS!! Forgot I’m retired every weekend is a long week end. In other words don’t fret about the 2’s they will be long gone soon and those that pick up 2’s today enjoy the gift. There is nothing out there to change my opinion about NNRX besides the positive news we've been getting. NNRX is on a roll and I'm going to roll along with it.
Morning All, looking forward to a good week and a Relaxing/Hectic weekend ahead depending on you point of view. About the same way one looks at NNRX a very exciting time for them. The Plant seams to be firing on all cylinders and you can bet Bishop is looking forward to new future activities to get involved in. This could be some of the last chances to buy in the trip 0’s this week. There will be a lot of speculation on what the EOY will contain next month, which hopefully will be driving the pps up. Some very exciting times coming up next month, I’m expecting and looking forward to them. Remember always keep the positive vibes going; it will radiate to others and back to the company when it spreads.
NNRX stated that The Plant is showing increased income from sales, they did not state the company was in the Black (total worth greater than total dept). It will be a while before the plant is self-sufficient and NNRX has recouped all of the expenses on the purchase and construction of The Plant. What is important is that The Plant will be able to cover current expenses and start baying back on its dept in the very near future. This will leave Bishop in a position to reach out and start NEW endeavors (which I am sure he's working on all the time) in other cities and states, like New Jersey which at present only has 20 active stores selling recreational/medical Items at present. Jersey would be a good place for Bishop to make its next move; of course there are other states with the same opportunities but NJ is hot now n the news and has a large population in the northern part of the state. Stock sells is what will make this happen. NNRX is going places and were all set to go along for the ride.
Volume is drying up it appears, only 20mil, looking at the charts for year to date we are at the lowest point on average volume for the year. Some may think this is a bad thing: BUT, when you combined this fact with the Accumulation and Money Flow both saying we are overbought. You get a picture that everyone has fill there pockets with shares and are sitting and waiting. There is always going to be shares traded (some days more or less than others) by those who are trying to get the PPS to move one way or the other along with a few new buyers and some who are just tired of waiting and went looking for a stock with more pps movement up as well as down (with almost a billion shares on the bid in the 2’s it is a long wait to get filled).
I myself am happy to be sitting here with the shares I have, when NNRX starts to make its move up, no one will be selling which will make the price move higher faster. Bishop has move the offering up to .00032 but that doesn’t me he has to sell at that price it we start moving up. That is the minimum price he will sell at, he’s only going to sell now as needed or use shares for new activities. WERE SITTING IN THE CAT BIRD SEAT NOW, keep the GOOD VIBS going were almost there, things will happen before the end of year and Xmas is going to be good this year for all!!!!
Evening All, this has been a lazy day for NNRX, not much in the way of trading in the market only 20mil shares traded. For NNRX it’s a low amount other companies would love to be trading 20mill in a day. Guess it’s a matter of perspective. Didn’t think I would see any 2’s today, go figure trying to second guess the market will get you in trouble every time. Hope some of you guys pick up some of the two’s, still think there going to be gone.
In the statement below you have it right, key word "IF" numbers on the chart you refer to is If this amount of shares are sold this is what the income for NNRX will be. "One perplexing thing is on the chart how it's in BLACK BOLD PRINT that 100 % of the shares are sold. never made sense to me unless that's their way of indicating the chart below will reflect proceeds IF 100% of the shares are sold."
I’m guessing somewhere between 8 and 9 Billion most likely closer to 9 than eight. As to the total amount of shares NNRX will sell will depend on Bishop, he can cut off the sale of shares anytime he wants to. If the needs for cash increase for a new project he can offer shares as needed as well as change the price as he see fit. My guess is that he will not sell all of the remaining 46 billion authorized and only sell as needed to meet obligations.
Good Afternoon All, well guess we can finally say good buy to the two's. With the offering price increasing the two should be gone forever. I only wish they would have increased it back two .0004 where we started from. Can't see us making any big moves up, pps will keep in time step with the offering price. The good thing about selling through the offering instead of on the open market it delays the reselling of the shares till lock up is over.
LOL !!!!
I wonder what tomorrow will bring to the pps; maybe we see a 4 tomorrow. Lets get the word out NNRX did not sale any shares this past month. Has the dilution ended or is it just slow down to a stop for the month. THINGS ARE LOOKING BETTER ALL THE TIME!!!!!
Well that Scary the New Outstanding Share Count is out… Zero change from last month, looks like The Plant is carrying it’s own weight now.
Morning All, Does anyone get a feeling that there is something in the wind? It’s the 15th and NNRX hasn’t come out with there new security count yet, get a feeling there waiting for some reason releasing it. Could be new or a PR that they want to release in conjunction with the Share Count? Just speculating on my part might have something to do with the new partnership?
Agreed, on the SC and News. I like to follow the share count just as another point of reference, depending on the; news, pr, pps (which gives you a heads up on sentiment of investors), volume and even this Board (lot of eyes looking other places for anything to do with NNRX to post here. When put all together gives one a pretty good feel for the company. Past mistakes are a learning curve, and Bishop has learned a lot he won't be repeating them.
Myself i think all the share holders are going to clouse out the end of year with big smiles on rhere faces.
Share count should be out next week I’m guessing 1.3b increase, anyone else care to speculate. Guessing after this month things should start slowing down on share count increases, The Plant should be able to start taking over more of the expenses and start paying there own way.
That’s not going to happen anytime soon, and if and when it does I’m hoping it’s in the form of a share buy back NOT a reverse split. NNRX is using shares as cash and will continue to do so for some time. That was understood form the beginning back in last November. What we need is the perceived future value to increase to catch up to the share count and Bishop is working on that. We won’t be getting out of the 3’s for a while. Don’t forget that NNRX is selling shares a .00026 to investors, I’m expecting to see another Form Type—253G2 to come out in the very near future increasing the offering price. I like what I’m seeing and looking forward to the future of NNRX.
Morning All, it’s a good start to the weekend. As I said Bishop has all cylinders firing he’s on a roll. NNRX is going somewhere and all we have to do is tag along for the ride. That new RV is looking better all the time. We should see a great EOY future forecast for NNRX when it comes out next month.
I’m setting pretty comfortable now, place in NJ and Fl., income from two IRA’s and a pension. This is what I call play money it’s the same as going to AC and sitting at a black jack table only safer you win some and you louse some. Oh, I forgot S.S. also, 52 years working my ass off last forty years a superintendent, I’m 78 now and going to enjoy some of it.
I think you are under estimating NNRX, barring there past history they have the momentum behind them now if they don’t let up and keep the ball rolling things will happen before Xmas. The plant can run it’s self with George keeping an eye on it and expediting the sales and procurements. You can bet Bishop has more expansion planed, right now existing building are on the cheep so to speak, the economy down turn closed a lot of business. He is most likely scanning for executives/managers and locations for the future. He’s not going to make any moves till the plant is running on all cylinders; but you can bet he will have things lined up when that happens.
Like you I have been adding onto my 20mil that I had its close to 30 now. 10mil as .005 is $50,000 that with my trade in will get me there, what’s left will be easy payments. I will still have right at 20mil shares to watch ride the wave, and if things go south I will still have a new RV out of all this.
Been in construction all my life, I’ll be surprised if it’s not late August before it’s completed, lot of things effecting construction now days, labor being the biggest one. I’m hoping the EOY comes out early; a lot of companies do it in 30 days, that would be a big plus. Just hoping not expecting!!! I’m also, expecting that NNRX will be paying for a new Class B RV for my Christmas gift this year. Again, just hoping and expecting!!!
Time of year doesn’t matter if you’re growing in greenhouse when it’s completed I’m quite sure they will plant. As for what they are processing in the plant now, I’m guessing they have been purchasing form other sources which the plant is already utilizing. Farming is a lot of hassle and you are dependent on the weather and a lot of other things including security and labor. I’m hoping they stay out of the farming for now and look for other places to open operations like The Plant in. States where it’s already approved for recreation would be a good start like NJ will soon be and it is centrally located in the mid Atlantic region and North East.
Morning all, starting off with 7mil in the first 5minutes of trading looks good.
Sorry about that, for some reason I can’t phantom I was thinking this was September when writing post. You know how retired folks are; don’t keep track of time anymore. Two to Four weeks this time next month. I’m thinking if there are doing extra well, they won’t wait the full amount of time to get report out anyway.
Don’t expect this to start going up in pps until we see conformation the plant is mostly finished and is growing, along with that we need to see the next Annual Report which should be coming out in the next Two to Four weeks. If all’s well with Plant and Annual then we will start the upward trend into the double 0’s and more who knows for sure. Guessing when the share count comes out we will be seeing the last of the 2’s if the count isn’t over 19 Billion.
Afternoon All, been playing around in the backwaters for the past week no cell. I see the pps is still the same. Also, see the shell sign is finally down. Should be getting the new Share Count this week, I’m guessing around it will be around 18 to 19 billion. What’s your guess? Plant should be mostly finished this month and will be buying small plants and seed to start up the greenhouse, everything cost money. They plant was showing an income on the last Q report, but that was not enough for the expenses they must be having.
Morning All: Beginning of the day; beginning of the week and the beginning of the Month. Now all we need is it to be the beginning of NNRX’s climb up the pps ladder as well.
Morning All, looks like a lazy start for the Markests this morning. Wondering it we get a pr/news to day to carry us through the weekend. Looking for a lazy Aug. for NNRX would be nice to see some vid’s or good pr/news but not expecting it (THE CALM BEFORE THE STORM) as they say. I’ve add a few more mil at 2 don’t think that’s going to stay at the two’s much longer going back to the three’s for Aug. I’m guessing. I’m looking forward to a good end to the summer for NNRX, mean while were in the lazy days of summer for now i'm guessing.
Truthfully finishing at 2 or 3 makes little difference, I’m holding for the larger numbers like penny land. It just looks good on the screen that it’s holding and the DOW is dropping. I also am thinking some kind of news will be posted by the end of the month. Some pictures of the progress on the green house would help quail some concerns of a few longs as well. Not too sure what August will bring to NNRX though, some news and a PR or two. Would be nice for the EOY to come out early but most likely will be the first or second week of September when it shows. I’m thinking that The Plant is settling into it’s new phase of operations that Bishop has allowed it to enter with the financial backing of NNRX and George is watching and helping with the construction while The Plant is doing it’s thing. Bishop I’m hoping is looking ahead for the next endeavor for NNRX when The Plant can stand on its own. Like you looking forward for BIG and BIGGER things for NNRX in the near future. I will always be rooting for NNRX.
Which do you like better: 1) Well, another day gone by and NNRX is still the same .0003 or 2) Well, another day gone by and the DOW is down again. Myself I’ll take NNRX, in this crazy market/world NNRX isn’t doing that bad.
I see you’re a syfi fan, don’t let the spiders on the plants get you.
Morning all, last week in the month would be nice to see the end of the 2’s this month. Dow looks like it going to start the week off on the right foot lets hope NNRX does the same.
Been on the road for a week, back in Florida now and started to catch up on all the posts:
Quarter ending April 30th: 13.4 million Total Assets, 800+ thousand in sales to me seams like NNRX is doing more than just posting fluff. First time in a long time we’ve seen good numbers on Assets and sales, give them a break there performing and releasing post and pr’s what more do you want. Bishop is starting to fire on all cylinders, and getting things right, the EOY should be VERY TELLING. I’m seeing nothing but good things happening now.
As far as NNRX’s next endeavor, when “The Plant” can stand on its own paying its own expenses. It would be nice to see Bishop involved in a Co-Op operation where the smaller growers could bring there crops. Bishop could buy on consignment, grade and resale the bulk crops. This would give him first pick for the best of the product to be used in his own processing as well as making a profit off of the resale of the crop to other processors and the bulk hemp waste/stalks for a myriad of other uses. That would be the best of both worlds. After that or along with that project, opening/expanding “The Plant” into other processing location; i.e. the East Coast or middle of the country would be nice as well. The future is unlimited as long as it’s done with care as not to outpace he available financing and first hand control.
The increase in share count is about what I expected as posted on the 13th. If I had to guess I would say next update will be about the same maybe/most likely more. Finishing up the greenhouse walls, lighting, ventilation as well as setting up tables and purchasing plants all will cost money. Also at this point "The Plant" will still be buying bulk product to process to meet existing demands. “YOU HAVE TO SPEND MONEY TO MAKE MONEY” as the saying goes.
OTC is a little behind in there updating of the free float, note the date it’s a year old. Not sure what the free float is for sure. Any shares given to the officers and key employees as well as the 37 existing Beneficial Shareholders shares would not be counted in the free float. It would be nice to have an update on the free float, some day OTC will get around to updating it.
January 31,2022 quarter total assets were only $ 678,248, April 31,2022 quarter assets are $13,389,858 that’s a difference of almost 13 million increase in assets I would call that a plus that should not hurt the pps. Yes there is an increase in the total dept as well which reflects the combined dept of both companies. The big difference is that NNRX now has an income PROFIT from sales which it did not have before the merger. Also, an outlook of future substantial increases in the income form sales. This Q Report is what was expected and shows a income profit from sales there should be no reason for the pps to go down, just the opposite there should be an increase in pps when the report is read in it’s entirety an absorbed. I’m seeing good things in the future of NNRX not bad, holders will be rewarded as the company continues to grow.
!!! Agreed 100% !!!
I will be surprised if the Outstanding Share Count doesn’t go up! I’m expecting close to another Billion maybe more. NNRX hasn’t hidden the fact that they are using shares to finance The Plant’s advancement and construction. I am expecting that the income from the plant is covering employee paychecks and utility bills, but equipment, construction and supplies has to be coming form NNRX. This will change when the construction and equipment purchases are completed, but for now it will continue until completed as stated by Bishop at the beginning of the purchase of “The Plant”.
NutraNomics
@NutranomicsInc
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The Plant can handle auxiliary contract packaging services including vape cart filling, pre-roll packaging, and concentrate packaging making us a one stop shop for our clients!
There’s an old saying I first heard from father “only believe half of what you see and none of what you read on line it’s someone else’s opinion, form your own opinion.