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Haha... Then stay away... I like the smell of everything green...
This is manipulated to the bone. After huge slaps came in to move it to 45, instead of breaking up orders and an stack them up in smaller chunks on each tick, they put the wall, and then start selling on bid, although there a plenty of buys on ask in between.
Some folks say shorting in pennies is a myth, but here is the real proof. No smart trader would be doing what just transpired in last 10 minutes...
It has been posted...
https://www.otcmarkets.com/stock/KRFG/disclosure
Out and done with it... was in since .0009...
No reason to contact that law firm. If the lawsuit was filed on March 1, how would the plaintiff know who is Waldron choosing to represent him in this case?
Too many red flags to believe it... date, state abbreviation, not on the Newswire, not listing if the payment of $500K was ever provided (just required), which court the suit it was filed in, etc. every lawsuit is a public record, why can’t we find it anywhere?
Longs know what they have. A posting like this cannot scare us away.
NNRX
Another funny fact is that the ‘managing director’ of this company created an iHub account today only to post this lawsuit on iHub NNRX board letting us all know how his company is suing Waldron.
A managing director of a company that gives $500K advance has no other business to attend but to post his business dealings here.
Beyond funny!
BTW, another huge short selling day today. Coincidence that lawsuit was filed today?
NNRX
The company was formed in August 2018 in FL. They really sound like a company that has $500,000 laying around to give someone as advance. In addition, he mentioned that Waldron requested a payment on Dec 2nd to commence manufacturing, while it never states that the monies exchanged hands, form of payment, and when the payment happened.
Also, why would this lawsuit mention Waldron’s law representatives? Does it matter who represents Waldron? Could he not hire anyone to represent him in this case once he finds out he is sued?
Fake as it gets.
NNRX
My purchase on $.0006 was definitely not a dump... I bought it on ask...
I have added to my stack myself... could not resist... too much potential...
At this point it’s a wait game. MM’s will cover shorts, and reload for next run.
In any case, company is planning a public offering at .001 because they believe the company is worth more. No reason to sell below .001.
The constant bid/ask jerking is a real proof of manipulation. Someone is short here big time!
The company would never post the tweet, or send out the shareholder letter confirming the float, if they were diluting... this is pure manipulation and naked shorting...
That shoud remove the Yield sign... Annual Report 7/31/17 was missing...
MMEX - Mar/Apr 2017... 2.5B outstanding ran from .0001 to $.066...
600M or 68% of trades volume was yesterday, today’s number is 420M about 50% of traded volume.
Or it’s a sign how much to they need to cover
Heavy shorting done yesterday... same today...
$6b in debt.. are they talking about FTEG or government?
All the 10K shares fill are a good sign. Whomever is putting the ask up does not have as many shares s they say they do.
And 665M shorted per Finra... 68%... even if half was covered today, many more to be chased tomorrow... date I say short squeeze?
Your math is off... 45 days from Jan 31st are most of the time March 17th... leap year, you know....
They are current until then...
“Profile Verified 02/2019” and “Transfer Agent Verified” are back on the OTC. Stop sign should be off tomorrow.
I think filing is sufficient for a OTC Pink company. If I remember correctly, OTCBQ filings have to be audited.
Check Saturday filing...
They should be current now. Quarterly ending 1/31 not due until around Mar 15th.
It was, but voted down... given the current O/S and price, an R/S would be a non-issue. I do not believe that they planned to do R/S to dilute more, as they have room in share structure to do it now if they wanted. I wonder if the R/S was a precursor of positive things to come.
Haha... good one..
Since Jan 22nd, 4.06B (yes I added up all the daily volumes) shares were TRADED... even if every share was a dilutive one, they still would have 100-300 millions to dump... why did the volume dry up?
Hmm... nice try...
NNRX
Really, so you are telling me the Tesla’s info from 2012 when it traded at $30 is still relevant today?
Come on! Simple shells have turned into viable companies because the right ownership merged into or bought them up.
Every time there is a huge hit on the ask, an undercutting small trade at bid and and undercutting small ask shows up.
And here comes the wall at 59... wonder if it tall enough...
First things first... get back to a penny, following w 52 week high... then we can talk about silver and gold...
Thanks for the update OC... shorties could not help themselves but add 76M to their negative portfolio. I am sure some of these are covered during induced selling, but there is still enough left who might be chasing.
If you following the market, you will know that VY$T retracted after the first jump in the same fashion NNRX has... time will tell...
Shares are scarce...
911 signal and walk down... rinse, repeat...
Trying to figure out what else I can sell to add more NNRX...
My 200K order on 99 only filled 20k although 800k shows on the ask
Haha... best post ever...
So, you do not think that NNRX could sell 7.5M shares at .01 and pay off the debt. My understanding it convertible into shares if the company cannot pay off the debt.
So, you do not think that NNRX could sell 7.5M shares at .01 and pay off the debt. My understanding it convertible into shares if the company cannot pay off the debt.