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I for one am optimistic for NXXI's future..I believe once they perfect their new drug all things of the past will be forgotten..
Especially when investors begin to see the massive revenues rolling in!! You seem to fail to realize the enormous potential of this new drug for the treatment of Diabetes..
I'm not interested in the past..The past certainly will not matter anymore after NXXI comes out with their new chromium enhanced insulin drug, more effective than any insulin drug on the market..I didn't make that up..The VP from NXXI said it..Even our Government supports this new drug by granting NXXI $104,350.00 to help further it's development for use in the treatment of Diabetes..Do you ralize just how huge this will be for NXXI? The World Diabetes market is in the many billions of dollars..I'm looking for the share price to explode upward..Maybe even reach as high as $30 per share and you want to continue talking about the $18M Preferred Shares which will not even be an issue???
The V.P. said that NXXI is currently working on a new drug which will be BETTER THAN ANY DIABETES DRUG on the market..Based upon those strong words I will continue to buy shares in NXXI..
If you would take time to read prior public statements you would find that the shares for dividends have long time been held in trust.. The recent increase in O/S had nothing to do with the dividends..
You keep saying that NXXI has debt..They have ZERO debt..Preferred Shares are not debt and considered as EQUITY!!
Preferred Shareholders cannot force NXXI into BK.. I'm sure they will be happy continuing to receive their quarterly interest in stock even if it takes a few more years for NXXI to redeem them..
It appears by your own admission that you also now believe that NXXI has something here when you say the new owners will benefit from this after BK..
I'm sure that if NXXI was thinking of BK they would have done so by now and not continue on with their new drug research..
If they cannot go this alone I'm sure they will either merge with a drug company or find another way to complete their venture..
You've been using the BK scare for some time now and it's getting a little weak and old!!
The bottom line from the Tuscaloosa article by Dr. Vincent is that CP DOES WORK in larger doses for DIABETES and his findings show that it has a DRUG EFFECT WITH INSULIN..The Co. knows this too and that is why they are working to develop their new DRUG which will be better than any other insulin drug on the market..
Even the USDA knows this and that is the reason for the awarding of the grant to NXXI..This new drug will be sooooo big in sales it could even outdo LIPITOR..lol..The $18M you are referring to will be no problem!! Goooooooo NXXI..I continue to add!!
You conveniently forgot to mention other findings noted in the UA News/Tuscaloosa article dated 11/19/10 quoted by Dr. John Vincent as follows:
"While the latest research showed Chromium to have no nutritional benefit, Vincent said it did show in the rats the potential to have a therapeutic effect on DIABETES when consumed in large doses.. When we went to extremely high doses of Chromium, then we also saw the rats had an increased sensitivity to INSULIN so their bodies did not have to produce as much INSULIN to metaboolize excess sugar..So we not only saw no nutritional effect but we also could establish a DRUG LIKE EFFECT!! If you altered abilities to metabolize lipids and carbohydrates and you take an extremely large dose of Chromium it can lead to improvements"..
What Vincent is really saying is that Chromium Supplements should not be taken unless in larger doses and he feels that it should be used as a DRUG and not as a nutritional supplement..Evidently, Nutrition21 agrees with him in that respect and that is why they are working on the development of an INSULIN DRUG better than any INSULIN DRUG on the market!!!!Furthermore, Vincent did not mention the size of the doses used in the rat study nor did he mention what type of Chromium was used..It is a know fact from many other studies that Chromium Picolinate is much faster to absorb than most other forms of Chromium and to get results at least 1,000 mcg should be taken on a daily basis..Rats are not people!!
Based upon these new findings investors should be rushing to buy NXXI shares at these low prices when we already know that NXXI is developing this new DIABETES DRUG!!
Thanks for the cheap shares!! Nice close..Keep up the buying Roxy!!
The increased A/S was not increased to pay the dividends..The shares for the dividends have been held in trust for some time..A/S means nothing..It's the ISSUED SHARES that counts..The increase in A/S was most likely done for future expansion and growth of the company i.e purchasing other companies, etc..
Some of us who happen to believe in Roxy's abilities are happy about the current low share price as it gives us an extremely fortunate opportunity to load up with cheap shares..
"If they don't come soon I'm starting a class action lawsuit!!"
You do that but first you better buy some EMXC stock..lol..
I agree..That was GREAT news!! I'm adding more here too..
Very well said Sazo!!
No.. The question is what will your excuse be when the dividends begin to get mailed?
The MM's are playing with this stock..Roxy will get the price over .022 to break through the resistance level..
I believe that your analysis is correct regarding the Short Selling factor here..Roxy needs our help on this and all of us longs should assist her by buying all that we can at the ask price to break through the .0022 level..
I believe Roxy is a straight shooter and she intends to get the share price up to BV..What I said was that I believe there are some rules forcing her to buy at the bid price and not at the ask price.
Don't worry about Roxanna..She will do everything she has promised..
I believe there are rules about hitting the ask and artificially running the share price up..I believe she has to buy at the bid..
No, not at all..In fact I would rather see the share price increase slow and steady rather than to see a quick spike and then watch it tumble the very next day..When the share price rises slow and steady with good volume it is allowing the "weak hands" to sell and move on..I predict we will soon see days of much higher volume though as the shorts are forced to cover..Guru has been posting the short ratio numbers for EMXC almost daily and there has been a lot of shorting going on with this stock..
I don't know the reason for the large increase of A/S but can only speculate that the co. increased these as a cushion for raising future Capital if and when needed.. Maybe they have plans to purchase other companies.. It is not uncommmon to see a company have a greater amount of A/S shares than I/O shares..Personally I am more interested in the I/O share amount which are shares already sold to and held by shareholders..The I/O shares are used to determine eps and not the A/S shares..
She already has committed in black and white stating that the company believes that their equity is under valued and they are truly committed to the buy-back program for a very long time and until such time as the company's market value is reflective of it's true Book Value.. She also went on record saying that the company is preparing in the near term to establish and implement a "fixed price tender offer" with a premium offered over the current market price..
We have already seen that the buy-back program has began so we already now know that she backs up her words with action!!
The problem is there is a certain faction which is playing the short side of EMXC..With your plan Roxy would also be alerting or tipping off her opponents as to her every move..I believe she is very committed to buying on a daily basis until she reaches her goal of BV and therefore I have no doubts..I believe she should continue just like she is doing and the believers will buy more and the doubters will be sorry they didn't..
Thanks
Is the market open on Friday? Anyone know?
I'm sure the Co. is aware of the .022 resistance factor and will act accordingly but now is the time for all of us longs to step up to the plate too..
My take is that she is very serious about getting the share price up to Book Value of .08..She sounds very determined!!
Perhaps we will see some large buying at the close..
I am wondering what she meant when she said that: "The Co. is preparing in the very near term to establish and implant a (fixed price) TENDER OFFER, with a premium offered over the current market price".. Almost sounds like she is going to take the company private and buy out all remaining shareholders at a fixed price..What's your take on this?
Very nice..We're moving up slow and easy..Allowing the "Weak Hands" to get out..Happy Thanksgiving to all EMXC LONGS!!
She has been claiming BV to be .05-.08 for some time now and claims the company will continue to buy back shares until BV is reached..Those are STRONG WORDS!! Everyone should be rushing to buy EMXC shares at these prices..I am buying daily myself..
Are they going private?
Now it's .10 you want for your shares? Looks like you are gaining confidence now..lol..
I agree Guru..Those who have some patience will be handsomely rewarded..Roxy is a real Christian lady and she wants to do right by her shareholders..
Anyone not loading up here will be very sorry!! hehe
Glad to hear they ae buying on the offer..I would bet you are right regarding the short/sell ratio..I can usually tell by all of the negative posts..
Sorry I don't have..
"Guru stated at the latest by last Tuesday and it did not happen"
The truth is that Guru said the buyback would begin after the funds were cleared by etrade which was yesterday..The CEO said she had began buying back shares yesterday which she did according to yesterdays high volume..Did it ever occur to you that she is buying at the bid and trying to get all the cheap shares she can initially?..
Is that a promise???