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Because they are trying to remove the chill status and back to Dtc eligibility it takes time TRUST me it's usually a 90day process
They have nothing except debt (warning)
Tapinator is a scam
I I I
Dttzzytzyx.txzyx.zzyitxtzttdtzzzyocvvp ?6;?;!7!!7!6!°97$$
1000 to 1 reverse
It's because of the Dtc chill on the stock it's a physical delivery that's what they are working on
It's looking good :)
Started to trade
There is something wrong with investors hub there is no bid or offer the symbol changed today and it's not updated in there system
It's my opinion that they wanna get this to a fully reporting qb status and out of the pink sheet land
And this will be the first attempt with a real company seat back and relax
?(Nexus Seeks Acquisitions and Independent Audit) Shareholder Update
November 7, 2013
Houston, TX – Nexus Energy Services Inc. (PHARD: OTC Pink) has completed the following administrative, accounting and regulatory transactions necessary to move forward and make new acquisitions:
• Reduced franchise tax debt for the State of Delaware from $490,000 to $2,000.
• Returned corporate status to good standing in the State of Delaware.
• Changed the Nexus corporate domicile from Delaware to Nevada, where the Company has a more hospitable corporate domicile.
In addition Nexus Management has:
• Established good standing with the OTC Markets and paid all fees due.
• Established good standing with associated transfer agent and paid all fees due.
• As previous management had reverse split stock for 1497 shareholders to one share, the company has re-organized the corporate structure and rounded up to round lots of 100 shares for these shareholders. Thus providing single shareholders with an additional 99 shares.
• Restated two years of financial statements and completed the 2013 Annual Report that stated a $7 million Deferred Tax Asset and an $11 million Accumulated Deficit. The company can utilize approximately $700,000 of this Deferred Tax Asset to offset Net Income in the upcoming tax year.
• The Company has provided all necessary paperwork to the Depository Trust and Clearing Corporation (“DTCC”) to remove the chill placed on the stock. This will allow shareholders to be able to more efficiently trade the stock.
• The Company obtained a new stock, NESI,to more accurately reflect its name and new focus. The change will take effect November 12, 2013
• As a result of these processes, the Company was able to complete $1.5 million acquisition for proven income producing Texas oil and gas assets.
• The company is presently in negotiations with several acquisitions and anticipates possible closings by year end.
• Concurrently the company is interviewing Independent Auditors to provide an opinion on the filed financial statements.
FORWARD-LOOKING STATEMENTS
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements related to the future financial performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful execution of growth strategies, product development and acceptance, the impact of competitive services and pricing, general economic conditions, and other risks and uncertainties described in the Company's periodic filings with the OTC Markets.
Please due your due diligence on the attorney Sonfield & Sonfield I believe with he's reputation in the oil and gas business, he goes back 40 plus years I don't think for one second that this is a scam... He will not write the opinion if that was the case, the company right now is doing there financials so there in a quit period, I am sure everything will be disclosed to the public very soon
I agree 100% we all wanna make money it's been such a loser for so long and everyone is so upset with it
Both
It's not on life support
Patients folks it will all be disclosed shortly
They been shorting this for the last month
Yeah chicken kitchen much better then GRILLIT
That's two much for franchise call chicken kitchen
I just put a call into the company waiting on a response from them for your question
It's part of the clean up process to move forward
We are current info on otc markets next new symbol
Company should be current info on otc markets Monday or Tuesday looks like
New symbol NESI starting nov 12
The financial report is out
i think loretta is gonna clean this phard up and turn this ship around for all the investors hang in there :) looking for big things to come
Nice pop this morning FDA approval
I am sure will see it when the financials are posted
I spoke to Loretta and she said over and over again this company has nothing to do with Dennis nor kit nor Howard it's all new Manegement with real assets real rev etc :) let's keep the faith here and move forward
I believe you will see proof when they put up there filings let's see what the week brings us
CORRECTION: South Texas Energy Acquisition
Oct 18, 2013
OTC Disclosure & News Service
Houston, TX -
Houston, TX - Nexus Energy Services Inc. (PHARD: OTC Pink)is excited to announce an acquisition in South Texas from a private Texas basedoil and gas company for $1.5 million in a combination of cash, stock and notes,effective August 1, 2013. Thisacquisition consists of a 100 percent of the Working Interest in a 250 acrelease in the upper and lower Frio Basin. Chief Financial Officer and Director Loretta Higgins said, "Based on thegeological and reserve reports, this acquisition will lead Nexus entry intothe energy production sector with proven profitability and potential for futuredevelopment."
Ms. Higgins stated, "This acquisition incorporates anexisting cash flow from one producing well and two proven undeveloped locationscontaining upwards of 300,000 barrels of oil. This information will be reflected in the 2013 annual report." The September 2013 annual report will be madeavailable on or around October 25, 2013. Ms. Higgins noted, "The early release of this annual report signals our newcommitment to supply timely and accurate information to shareholders. This annual report will include restated financialstatements as result of thorough and ongoing examinations of the books and recordsof Pharmstar Pharmaceuticals. This examinationis essential due to an inability to validate previously released financialstatements."
Investors should be advised that as part of this internalreview, past quarterly and yearly financial statements can no longer be reliedupon and a restatement will be published on or about November 8, 2013.
FORWARD-LOOKING STATEMENTS
The information in this news release includes certainforward-looking statements that are based upon assumptions that in the futuremay prove not to have been accurate and are subject to significant risks anduncertainties, including statements related to the future financial performanceof the Company. Although the Companybelieves that the expectations reflected in the forward-looking statements arereasonable, it can give no assurance that such expectations or any of itsforward-looking statements will prove to be correct. Factors that could cause results to differinclude, but are not limited to, successful execution of growth strategies,product development and acceptance, the impact of competitive services andpricing, general economic conditions, and other risks and uncertaintiesdescribed in the Company's periodic filings with the OTC Markets.
This release includes additional documents. Select the link(s) below to view.
2013-10-18 South Texas Energy Acquisition Press Release.pdf
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Howard is gone , kit chambers gone ,Dennis Mcl gone , now focus on a real company here real assets real revenues, let's turn this ship around and make some $$$$$$$
It takes 21 days for everything to update there is gonna be a new symbol and a cusip # change as well most likely there waiting on Finra
The pump is on
Welcome to the world of toxic debt spirals weeeeeeee
Ok will see enjoy the ride with this scum begs
Believe the bullshit good luck .0001
This stock is not going to .30 it's going lower it's a paper mil
It's all bullshit folks