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It's been a long road ever since SBRH. I just sold my last 376,000 for a loss (.014, after not being sold any higher for the last week). I couldn't hang on any longer. I was in the green here by $20,000+ a few years ago (when the stock was liquid.) I didn't get out when the getting was good, and now I just had to get out. I hope this takes off for you other bagholders, but I had enough of the silence. Best wishes everyone, and Happy Holidays!
Thanks for the post.
Hey guys. I just called Madison Stock Transfer, and the current O/S is: 402,894,127, with an A/S of 5,000,000,000. This means that the company has not pumped any new shares into the market since taking over as NVOB. I have no idea what is going on here, but there is NO dilution to date. It's not over until it's over.
A few months ago there was a similar spread ( I think it was .016/.018) It's nice to see. With a spread like that, at least it doesn't look like a crazy PINK (I don't think it is.)
I have 386,000+ shares. I understand your frustration. But we put our money here. It doesn't make sense to bash the company we've put money into.NO dilution to date, NO fluffy PR's (I agree the California PR needs to be cleared up,) and a real product with real patents, as well as a real management team in place.
I've been burned before too, but I think we need to give this more time, especially before firing claims and accusations, or bringing the SEC into our posts here. Money is a bitch sometimes, but like it or not, WE are the only ones who can be held accountable for what WE do with OUR money.
Michael is in "charge." It's in the last release that we waited so long to see.
JWT - It's a simple phone call to Madison; one which I just made. The O/S is: 402,894,127. Unchanged. No dilution to date.
THANK YOU management for at least dropping us a line. That is appreciated, and please continue doing so!
Exactly. They could be issuing warm fluffy PR's loaded with forward looking statements. I think the current quiet time is likely a testament to their authenticity. News will come when it is ready.
I'm still here with 386,000+. I will continue to add in the .01-.02 range. Of course things can go either way; this is the stock market, and PinkyLand (land of volatility.)
These facts remain:
1) This is a real company with patented and innovative technology/products.
2) Management is competent and reputable.
3) The float is around 102,000,000; with no dumping to date.
4) Pilot programs are running, and there is revenue (unaudited of course) from current contracts.
5) There has been no "fluff" PRs or pump campaigns.
-VeeYou
Anyone who would like to know: the TA is not gagged. You can call them anytime during business hours( Madison Stock Transfer,718-627-4453.) There has been no share dumping by the company. Also, it is no secret that Stephane Bilodeau holds 300,000,000 restricted shares as CEO of Novacab.
I know it can be fun to stare at this board and speculate, but all it takes is a phone call, and a recap from October until now.
The only real hiccup was the delayed delivery of shares (to us e-traders) and some others, which was nothing to do with NVOB or its operations.
The fact is, with the intermittently spontaneous widening of the gap ( followed by the occasional contracting,) there is a disgusting amount of MM manipulation happening daily, as well as day traders grabbing large chunks and throwing them back in. This is nothing to do with NVOB, or any mythical restricted share dumping. It's just a vicious cycle that will continue until we have solid news.
On the Brightside however, the company is not dumping, and is also not releasing fluff PRs or launching promos. I urge everyone to sit tight. For all you serious longs, keep adding in the .01-.02 range whenever the gap tightens. This has been and will continue to be my strategy.
There is some dreamy upside potential here, and this could very likely be a rare and unique opportunity. Please keep that in mind before bailing at these levels.
-VeeYou
Can you tell me how to reach anyone at Novacab by phone? It's a French greeting on the main number that I tried (Enerstat.)I'm not looking to harass management, but rather I am seeking printed materials and info. to possibly present to the company at which I'm employed.
These levels, and lower levels of PPS are a great opportunity for loading. There has been no share dumping by the company as of right now, no shady promotions, and we have a small float. Without more interest in and awareness of NVOB, I don't think ask slapping is going to do much. I think the Q1 filing will be straightened out soon.
The annual report (Q4 report) on OTC site; the report for quarter ending December 31st. This is what I was referencing. I was just saying that if it were to bottom out at .01, it would provide an optimal loading opportunity.
Hello everyone. I haven't posted in awhile; and to be honest, I just finally reviewed the annual report. I'm so glad to see that Bilodeau has 300,000,000 restricted shares. We really do have quite a small float here. I spoke to the TA yesterday, and nothing has changed. You don't see companies like this on the Pinks too often; especially not with such a small PPS. I own 18,569 shares(post r/s leftovers of SBRH); and I had no idea what to expect after selling off $3,800 pre-r/s (for the sake of preserving my original invested capital.) Though it sounds a bit counter-intuitive, I'm hoping to see NVOB bottom out around .01, to provide a loading opportunity. I think we could have a real gem here. Any thoughts?
What be the current O/S? Anyone called TA lately?
Can anyone suggest a "sleeper"; no-bid play? I have some cash to throw in, and not a lot of time for any DD. I'm trying to find a no-bid stock with a long trading history, that has wake-up potential. Any help would be awesome. Thanks!
I know it's exciting to speculate, but a simple 2 min. ( or less ) phone call will tell you what the O/S is right now. Call Madison. It's easy.
Call #2 - I just spoke with Madison. This is verbatim.
TA: "This has nothing to do with us. It's the back office (of etrade.) E-trade has been slow on the paper-work. They should've done this months ago. I do know that they just converted a LARGE chunk of shares yesterday."
So.. E-trade converted a large chunk yesterday. Have any E-trade clients received their shares yet? Anyone???
I just spoke to E-trade for the first time. I didn't really hear anything new that I didn't get from the board here. The rep. said the following: " The agent will send the converted shares within 4-5 weeks." When I asked why other brokerages had already received shares, his reply was, "Hmmm, that's interesting. You'd think they would send them all out at the same time."
Back to waiting.. or should I say "wading?".....
So far, this company has in no way been misleading. They have fully disclosed the how and why of the current O/S. The new issuing of shares to former private enterprise shareholders is common in a R/M. Furthermore, there have been no "fluff" PRs talking about "letters of intent" and all that other BS you see with PINK companies. This is a real company, with a real product that has a lot of potential, and we have real PRs of substance ( few at this point, but that's because they are real. This cannot be emphasized enough.)There is much more reason for excitement here than there is for worry.
Consider the management, consider the product, and consider the substance to the news that has been released. A 100,000,000 float is not going to be a determining factor as to the rise or fall of this stock. Investor/trader sentiment will however be a factor, and as of now, it looks promising. How many PINK positions have you held that have this kind of potential?
If you research reverse mergers, you will find the answer. This is a textbook reverse merger. There is often a R/S with a reverse merger, which is often followed by issuance of new shares to shareholders of the formerly private enterprise. While Novacab wasn't public before, they still had investors/shareholders; and this probably includes some of the board/staff. This isn't a bad thing necessarily, unless they all decide to dump their shares immediately. I think we need to eschew our conclusion jumping at this time, but hope that in the meantime (while we wait for our shares) that this thing isn't driven into the ground.
How the f**k does this trade 64,000, when most of us don't have our shares (rhetorical question.) But really, I was involved with a POS that was DTC chilled a few years back. They pulled a massive R/S, and I had my new shares within two weeks. Good or bad, it sure would be nice if the company had the decency to fill us in on what's happening.
Let's take a count, everyone. Who has their converted shares, and which brokerage do you use. I have E-trade, and mine have not come through. Input please. Thanks guys.
Hey guys. I'm looking for somewhere to throw in some change this week. Would someone be so kind as to fill me in on the current situation with this stock? I don't care if it's a scam, as I've read about most sub-penny pinks. I'm looking to have the following questions answered:
1)Current A/S,O/S and float
2) Is there a threat of R/S, or any massive dilution taking place now?
3) Has this stock been at "no bid" in the last year.
4) Any other helpful information.
I'm not too concerned about "pending deals" or fundamentals. Thanks guys!!
-VeeYou
Hey guys. I'm looking for somewhere to throw in some change this week. Would someone be so kind as to fill me in on the current situation with this stock? I don't care if it's a scam, as I've read about most sub-penny pinks. I'm looking to have the following questions answered:
1)Current A/S,O/S and float
2) Is there a threat of R/S, or any massive dilution taking place now?
3) Has this stock been at "no bid" in the last year.
4) Any other helpful information.
I'm not too concerned about "pending deals" or fundamentals. Thanks guys!!
-VeeYou
Hey guys. I'm looking for somewhere to throw in some change this week. Would someone be so kind as to fill me in on the current situation with this stock? I don't care if it's a scam, as I've read about most sub-penny pinks. I'm looking to have the following questions answered:
1)Current A/S,O/S and float
2) Is there a threat of R/S, or any massive dilution taking place now?
3) Has this stock been at "no bid" in the last year.
4) Any other helpful information.
I'm not too concerned about "pending deals" or fundamentals. Thanks guys!!
-VeeYou
Has anyone tried to contact the company recently? I tried today, and got a message in French, followed by an English message saying that I had reached the voice-mail box of Enerstat.
Is this really how it works? I call the TA and post wild numbers here, and everyone gets crazy on my word without calling and hearing for themselves? I guess no one wants to call and either verify or disprove.
HAS ANYONE CALLED THE TA TODAY? It's a one minute phone call. Someone needs to verify/confirm what I was told last week.
Madison Stock Transfer: 718-627-4453
It would be nice if two people would call the TA tomorrow; for complete verification of the O/S. I really hope there was some sort of mistake when I called the other day. If there was, I apologize in advance. I was given the numbers twice. There may be more to this, so two other posters please do call in the morning.
Yes I am serious. I called Madison Stock Transfer today. I had her repeat the numbers. I was shocked as well. I asked for the ticker NVOB O/S and A/S. She asked who NVOB was, to which I replied, "Novacab international." She said, "oh, Novacab. Here's what the numbers are now.."
I still hold a position here, but I thought this needed to be shared. Someone else please call them and verify. Maybe it's some kind of mistake.
So from 3,000,000 to 402,893,280; do you think there are that many newly issued and restricted shares?
I agree. That's why I'm astounded by the new O/S. The selling of new shares at this pps just makes no sense. There must be more to it.
I'm hearing crickets...... where is everyone on this?
Acutally, looking at the current O/S, it really doesn't add up. That would signify mass dilution, and we're not seeing that much traded as of yet, even with the heavier volume of recent days. I sure hope these are not all new shares.
What's up bashers and holders? I just contacted Madison. The A/S stands at 5 billion. The current O/S is now 402,893,280. I don't know about all this lawyer talk. We all know what we're doing here, and the risk that comes with it. I could've sold 39,000,000 at 600% pre-r/s, but chose to only sell enough to cover my original investment. I do believe we should wait a bit longer (one more week) before freaking out and calling attorneys. Obviously there is manipulation here, and some dilution as well; unless current o/s numbers are on with what was previously disclosed, and if that's the case, please correct me. There may still be a very unique and lucrative opportunity here. ONCE AGAIN.. here's to Monday..
Great to see activity and volume! Can someone please explain to me why there has been a consistently wide gap between bid/ask?
It is quite encouraging. They didn't even come close to maxing out, and weren't diluting at all. I thought maybe I was the only one who had "up-listing" on my mind.
I'm certainly hoping for that. I'm a long as well, with an average at .0001. This is a unique situation I've never before had an opportunity to be a part of.
Hey guys, I certainly don't want to bring about any bad vibes, but I've been googling about A/S post R/S. It appears that in most cases, the A/S stays the same out of the gate. Hopefully the company brings news of that not being the case, but it sounds like that will likely be up to the board.