Yes! I expect a BK filing within the next couple of weeks..
Most likely before the 10Q is due..

You're still here! Lol.. I expect a BK filing within the next few weeks!

LOL! So youre saying dilution is a good thing for common shareholders!? Please

Ahh yea.. Well end of the month, end of the year, end of Jan..
Same shit man! Either way, everyone knows the OS is going much higher!

No.. I never said they were at a 100MM+ yet..
I said around 60-70MM going to 100MM by the end of the year

The only thing happening here in the next few months will be massive dilution due to convertibles!
61MM+ going to 100MM+!!
Good Luck

WOW!!!

On October 5, 2015, a holder of a note converted a portion of the note. The Company issued 1,315,790 shares at a value of $0.0114 or $15,000.

On October 6, 2015, a holder of a note converted a portion of the note. The Company issued 1,561,890 shares at a value of $0.0128 or $20,000.


On October 7, 2015, a holder of a note converted a portion of the note. The Company issued 998,721 shares at a value of $0.0105 or $10,487.


On October 7, 2015, a holder of a note converted a portion of the note. The Company issued 1,601,667 shares at a value of $0.009 or $14,415.



On October 9, 2015, a holder of a note converted a portion of the note. The Company issued 1,500,000 shares at a value of $0.009 or $6,750.

On October 12, 2015, a holder of a note converted the remaining portion of the note. The Company issued 1,713,309 shares at a value of $0.009 or $15,419.


On October 12, 2015, the Company entered into a consulting agreement. Per the terms of the agreement the Company issued 200,000 shares of the Company’s common stock at a fair value of $0.02 or $4,000.



On October 13, 2015, a holder of a note converted a portion of the note. The Company issued 647,418 shares at a value of $0.009 or $5,827.


On October 13, 2015, a holder of a note converted a portion of the note. The Company issued 1,399,963 shares at a value of $0.0105 or $14,700.


On October 13, 2015, a holder of a note converted a portion of the note. The Company issued 1,616,684 shares at a value of $0.0124 or $20,000.



On October 19, 2015, a holder of a note converted a portion of the note. The Company issued 1,702,084 shares at a value of $0.0105 or $17,872.



On October 21, 2015, a holder of a note converted a portion of the note. The Company issued 1,697,518 shares at a value of $0.0124 or $21,000.



On October 21, 2015, a holder of a note converted a portion of the note. The Company issued 899,688 shares at a value of $0.012 or $10,796.



On October 26, 2015, a holder of a note converted a portion of the note. The Company issued 1,504,031 shares at a value of $0.0105 or $15,792.



On October 28, 2015, a holder of a note converted a portion of the note. The Company issued 1,700,681 shares at a value of $0.006 or $10,000.



On November 3, 2015, a holder of a note converted a portion of the note. The Company issued 1,925,019 shares at a value of $0.006 or $12,128.



On November 5, 2015, a holder of a note converted a portion of the note. The Company issued 2,347,418 shares at a value of $0.004 or $10,000.



On November 6, 2015, a holder of a note converted a portion of the note. The Company issued 3,007,067 shares at a value of $0.007 or $20,000.



On November 9, 2015, a holder of a note converted a portion of the note. The Company issued 1,933,319 shares at a value of $0.005 or $9,609.

Finally the FACTS!! 61MM+ OS with more convertibles issued in Sept!! What a joke


As of November 13, 2015, the issuer had 61,311,447 shares of common stock outstanding.

On June 30, 2015, the Company issued a convertible promissory note in the principal amount of $205,082 to a then related party. The note replaces a convertible promissory note dated January 31, 2015 in the principal amount of $159,000 that matured on March 31, 2015 and for which there were unpaid fees and interest. The note matures on January 1, 2016 subject to extension of the note at the issuer’s until June 30, 2018 provided that certain additional consideration is paid in an amount not less than 108% of the principal outstanding at the issue date. The note bears an interest rate of 9% per annum and interest is payable quarterly within five business days of the end of each quarter. The note may be converted into shares of common stock at a 20% discount to the market price of the Company’s common stock subject to further adjustment in certain cases.



On July 15, 2015, the Company issued a convertible promissory note in the principal amount of $10,000 to a related party. The note matures six months from the date of issuance and bears interest at the rate of 10% per annum. The note may be converted into shares of common stock at a fixed price of $0.05 per share.



On August 4, 2015, the Company issued a convertible promissory note in the principal sum of up to $250,000 The note contains a 10% OID, and is to be funded in the aggregate amount of $225,000 in tranches at the sole discretion of the holder. The first tranche funded was $50,000, with an OID of $5,000. The note has a maturity date of two years from the funding of each tranche and is convertible at the lesser of $0.10 or at a 40% discount market price of the Company’s common stock, subject to further adjustment in certain cases.



On September 2, 2015, the Company issued convertible promissory notes in the aggregate principal amount of $25,000, of which a note in the principal amount of $5,000 was issued to a related party. The notes mature nine months from the date of issuance and bear interest at the rate of 10% per annum. Notes in the principal amount of $20,000 may be converted into shares of common stock at a fixed rate of $0.05 per share, subject to adjustment in certain cases and a note in the principal amount of $5,000 may be converted into shares of common stock at a fixed rate of $0.05 per share, subject to adjustment in certain cases


13





On September 9, 2015, the Company issued a convertible promissory note in the principal amount of $36,000 reflecting an OID of $5,500. The note matures one year from the date of issuance and bears interest at the rate of 6% per annum. The note may be converted into shares of common stock at a 47% discount to the market price of the Company’s common stock subject to further adjustment in certain cases.



On September 30, 2015, the Company issued a convertible promissory note in the principal amount of $30,000. The note matures nine months from the date of issuance and bears interest at the rate of 8% per annum. The note may be converted into shares of common stock at a 42% discount to market price of Company common stock, subject to further adjustment in certain cases.

LMAO! Maybe youre smelling your Dollars being burned and turned into magic dust!

Yep.. Not good at all! Especially when the company doesnt even have money to pay for the Q!

Anyone have an idea on when NESV will file for Bankruptcy?!
Before or after the Q?!

Hard to figure out the book value when no one knows what the OS is right now! Also, the LOI can be cancelled at anytime and then what will all the shareholders be left with!?
Garbage

How can you say they have a $550k market cap when you dont even know how many shares are outstanding right now?!
You also didnt mention how they plan on paying for the Q that is due in a couple weeks!?

Facts buddy Facts!

Bob will just issue another note and another and another!
The $200k note due Jan 1st is around 40MM shares alone!
Good Luck

Issue, Convert, Sell, Repeat!

Yup!! The question is where will the OS be when the Q is filed in a few weeks? 100MM++ at least!
Thanks Bob!

So a few more weeks and we find out what the real OS is!!
Great! 70MM+

I have called several times and they will not release that info.

Haha!! Well said Integral!
Do you know what the OS is right now??

100MM is coming very soon w conversions now taking place under a penny! i think its .006-.008 or something like that!
This will get to 100MM+ in a blink!

Hey Integral.. Do u know what the current OS is as of today??
70MM+ ??

All these rumors are a joke! I suggest you all read Integrals posts on here. He is the only one posting facts!
It looks like an OS of 100MM+ and sub penny is coming very soon!

My guess is the next PR will read something like this;
The LOI has been cancelled due to lack of financing and Bob Chance is stepping down! etc etc!

Integral is the only one on here that posts solid info and facts!
What is the OS now? 60-70MM? Heading north of 100MM and sub penny!
Hows the company going to pay for the Q that is due in a few weeks?

The only thing happening next week will be more Dilution!
Issue, Convert, Sell, Repeat!

Hey Integral.. Do you know what the OS share count is as of today??

There are only 38k shares held short..
So what are you referring to now?


Short Interest

Sept 30, 2015 38,437

Its pretty funny that no one has an answer to these questions ?!

I basing this on facts not assumptions!
The numbers i posted are straight from the Q!

As of September 4, 2015, the issuer had 17,254,533 shares of common stock outstanding.

Between July 6, 2015 and August 12, 2015, holders of convertible promissory notes converted an aggregate principal and interest amount of $204,515 into an aggregate of 5,148,641 shares of our common stock.


Potentially dilutive common shares consist of employee stock options, warrants, and other convertible securities in the amount of 42,205,251, and are excluded from the diluted earnings per share computation in periods where the Company has incurred net loss. During the six months ended June 30, 2015, the Company recorded a net loss, resulting in no dilutive common shares.


On August 4, 2015, the Company issued a convertible promissory note in the principal sum of up to $250,000 The note contains a 10% original issue discount, and is to be funded in the aggregate amount of $225,000 in tranches at the sole discretion of the holder. The first tranche funded was $50,000. The note has a maturity date of two years from the funding of each tranche and is convertible at the lesser of $0.10 or at a 40% discount to the lowest trade price of the Company’s common stock in the 25 trading days prior to conversion, subject to up to an additional 15% discount in the case conversion shares are not deliverable by Deposit/Withdrawal at Custodian (“DWAC”) and/or we are not DTC eligible. Each tranche is subject to a one-time interest charge of 12% 90 days after its funding. The note can be prepaid by the Company only during the first 90 days following the issuance of each funding tranche. As long as the note is outstanding, if the Company issues any security with terms more favorable than the terms of the note or a term was not similarly provided to the holder of the note, then such more favorable or additional term shall, at the holder’s option, become part of the note. In addition, the holder of the note shall be entitled to piggyback registration rights with respect to the conversion shares. The note includes customary default provisions related to payment of principal and interest and bankruptcy or creditor assignment. In addition, it shall constitute an event of default under the note if the Company loses its status as DTC eligible, the Company is delinquent in its filings with the SEC or fails to meet the requirements to satisfy the availability of Rule 144 to the holder. In an event of default, the note may become immediately due and payable at premiums to the outstanding principal. The note also provides that if shares issuable upon conversion of the note are not timely delivered in accordance with the terms of the note then the Company shall be subject to certain cash penalties that increase proportionally to the duration of the delinquency.

The OS is currently over 60MM and going to 100MM+ very soon!
Does that make it crystal clear for you and everyone else on here! Geez

The only serious thing here is Dilution by way of toxic convertible notes! Just a matter of time until more notes are issued to pay for the Q that is due in a few weeks!

Haha funny guy!

No.. I have emailed him 3 times asking for an updated IOS share count! Nothing

The transfer agent wont release that info and the CFO does not respond...
So i guess you are on the special list!?!
I say its 60MM+ right now and going higher

Where are you getting that number from?

Hey integral.. Since you are the only one here with good information and facts..
Do you know what the IOS share count is as of today?

Finally someone posting facts! Thank you Integral!
Like i said, the IOS share count is going to 100MM+ !!
Thats why the board increased the authorized from 75MM to 150MM a few months ago.. They knew the toxic notes were going to put this over 75MM very soon!

Yea right buddy! Its much more than 40MM IOS right now!

You must have miscalculated.. Im assuming about 30-35Mil have come into the market since Oct 1st!
That puts the current IOS Share count at 60-65MM
The board knew exactly what they were doing when they increased the authorized from 75MM to 150MM a few months ago!

So you are "suggesting" that retail investors accounted for 15-20MM of the 40MM shares sold in the last 14 trading days?! No way! I say maybe 5-10MM MAX has been retail investors selling.. The rest has been dilution from convertibles.. That puts the IOS share count at or above 60MM!!

Thats ridiculous! So you're trying to tell me that retail investors have sold 20-40MM shares in the last 14 trading sessions?!?
I highly doubt it! Nice try though