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Correct me if I'm wrong but it took less than 45 days for the attorney to sign off on last year's annual fins from the date they were filed. This year it's been about 80 days since the annual was filed in mid December. Why won't the attorney sign off on them?
I would really like to know where these shares are coming from. Who can sell so many shares at these prices without taking a loss? I don't believe the "short" theory. I think it's nonsense.
The "blockbuster going to blow us away" private label deal has already been released. We have the details of the deal and we already know it's another east coast auto group. I doubt getting the name of this group will help the PPS very much but you never know. The market didn't like it and responded by selling. I didn't care for it either. It was hyped up to be something better than another east coast auto group. I expected something national with a household name like an insurance company. Now Steve is hyping up Detroit. Someone is always in Detroit. He better come up with an automaker private label deal or the market will respond badly IMO. An automaker or a national household name insurance company are the only two things that will help the pps at this point IMO. Seems not many are sure or care about the reported revenue especially since Steve took out a toxic note amidst all this "revenue" on top of him selling shares into the market. 6th leg was a let down. MJ was a joke because they don't even have a permit yet though Steve hyped Sifthouse up as though it was in business already until he got busted. "My guys say the lines are around the block". LOL. Hoping for the best here but either Steve doesn't know shit about running a public company or he just doesn't care about shareholders.
DB said it could be because no attorney letter has been filed with the annual fins. Made sense to me but I don't like the hold up. With all the problems this stock has already it's complete bullshit that Steve let this happen.
Okay thanks. Makes sense. Saw some posts about fins being late and that didn't make sense.
What's up with the yield sign? I don't think the fins are late. They have always come out on March 15th. Some other reason for the yield sign???
Is an email an official way to distribute news in this case. I understand twitter is okay, but emails? I don't think NNRX handled this situation very well. They knew about the problem with Waldron over a month ago.
It's all good. Apparently nobody knows if NNRX is on the hook for something that took place before the merger. The point being nobody seems to care that NNRX has 4 million in debt. Do you think they will care if they have 4.5 million in debt? I think some people are trying to make a bigger deal out of this than it is.
Maybe I'm wrong here but this still sounds like a Waldron problem and NNRX isn't involved. Waldron took this money before the merger with NNRX. IF this wasn't revealed to NNRX BEFORE the merger then I don't think NNRX is responsible though I'm not an attorney. Besides that NNRX is already 4 million in debt, what's another half million?
Looks to me that even IF the lawsuit is real NNRX has nothing to do with it. Waldron took the money in December BEFORE the merger. The merger happened in January. Doesn't look like NNRX is being sued.
I don't post much but I'll just say that's some nice news. Just the beginning with the foot in the door.
On4 Communications
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@on4company
Feb 22
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OTC Markets updated. talking to legal team re move to Colorado and name change. All barriers have been removed and we will move everything forward.
"All the morons are out today they must be losing a lot of money lmao." HEY STEVE!! I guess the morons that you're referring to are the one's buying stock in your company. Real nice calling your shareholders morons. Do you think your shareholders are making money here?
Endless supply of .0016's and now .0015's are hitting! I just want to know who has all these shares to sell on the cheap?
Notes converting was my guess also but since no shares have been issued since Jan. 23 up to now it doesn't seem likely. The 23rd is when the run up began. Note holders could have received cheap shares right before that date but that would mean they held onto them through the entire run up just to sell them down here last week? It's possible but those note holders would have to be stupider than I am to hold those shares through the run up. That's pretty hard to do. LOL. I'm getting more interested in this. I think the stock may be mostly retail traders right now. Quite possible a reversal is coming and we all know this stock can make some big swings.
I made a big mistake thinking there was a 70 million O/S increase number. I was dead wrong! I apologize. Just correct me and I'd appreciate it. I meant no harm. I was just trying to come up with a reason as to why the PPS crashed and I thought I had found the reason. Good luck here.
That's an increase. Guess I'm not the only one who can make a mistake. I'm just trying to figure out why the big drop in the PPS. I thought I had the answer with my mistake of thinking 70 million shares were added last week. There was still an increase in the O/S of about 240 million from the end of Oct. until now.
He followed me over from another board that I made a mistake on instead of just correcting me on that board. I guess some people are perfect and never make mistakes. I'm not one of them.
I'm going to say that 99% of the battle with these pinky stocks is knowing when and if the company or debt holders are going to dump shares. With that question pretty much answered I think the PPS is entirely in retail hands. It will go up or down as much as the retail market wants it to.
A debt holder selling 70 million discounted shares into the market over the course of a couple of days would have certainly been enough downward pressure to get others to sell also causing the crash we just saw IMO. Getting the PPS down to where there is bigger support is what convertible debt holders want to do. They can dump a lot more shares at strong support levels without pushing the PPS down much further and therefore they make more money. Now I'm not saying that debt is converting right now. We don't know that. All we know is the O/S increased by about 70 million shares last week and the PPS crashed. What happened is anybody's guess.
That's the million dollar question. We don't know what the 70 million share increase in the O/S last week was for. ALL we KNOW at this point is there was an increase. Judging by the downfall of the PPS last week I would guess they were sold into the market already.
Well a 70 million share increase in the O/S between 02/19 and 02/23 would account for Friday's action if those 70 million were dumped.
I was curious about where they come up saying no dilution myself. I see about a 240 million share increase in the O/S just from the end of last quarter 10/31/2018 to 02/19/2019. Then there was another 70 million share increase last week. It's right there in the first pages of the fins.
O/S was 4,436,047,369 as of April 30th 2018. It was 4,498,205,518 at July 31st 2018. BARELY an increase in O/S so don't sit there and try and tell me that the LAM dilution wasn't done in the first quarter of 2018. Let me re phrase that. The MAJOR increases in the O/S were done before the end of April of 2018!! The whole point being that there HAS NOT been much dilution in the past year. I better rephrase that. In NEARLY the past year there hasn't been much dilution! You guys are nit picking shit that's clearly NOT within the point I'm trying to make. NEARLY A YEAR without major dilution and look where the PPS is at.
Wrong. Check the O/S in the fins. The majority of that LAM note dilution was over in the first quarter of 2018. Hardly any dilution since the first quarter of 2018. Does that make it any better? The FIRST quarter of 2018 and look where the PPS is. Company is supposedly bringing in millions in profits. Which brings me to the question of how is it with millions in revenue that Steve needed to take a 288 grand toxic note? He better buy that note back or look out below. No telling when the note can convert since Steve didn't bother telling us the date of the note. It could convert anytime now at 50% of the PPS since it was taken out prior to Oct. 31st.
Here's the real progress. 01/02/2018 the pps was .0069. Today it's .0019 WITH VERY LITTLE DILUTION! FACT. LMAO. The only folks who made any money here who bought shares in the last year are flipping this. Keep PM ing me and I'll straighten the truth out here on the public board. PS How's it feel watching that VIRUS take off? LOL
I'd like nothing more than to see this stock run. The potential is there. It's a growing business and I believe that but until we get something that can blow the PPS by the manipulation then it's just an occasional flipping stock IMO. I would think that whoever this is that can afford to keep pushing this down and sell at .0016-.0017 will eventually run out of shares.
It was just an opinion as to why the PPS can never hold any gains. It was proven to be wrong. I have NEVER bashed and pumped this in order to make money. NEVER! So don't even go there. I've flipped this many times and that's just the way I choose to play this stock. I've always been a supporter here.
I don't know why he started this. How can my opinion be a lie? LOL. I was actually a supporter here and never bashed though there's plenty wrong here. I flipped this many times and never bashed before but now I'm getting accused of just bashing to get cheaper shares. I'm not even interested in this stock right now. I'm into some others at the moment.
Can you read? Stop private messaging me. I don't give a shit about that sticky. It was an OPINION. Not a lie! My OPINION was wrong. I didn't sticky it. I can't take it down. And quite frankly I don't give a shit if it comes down or not.
Geez. I like this company and believe it's growing. Yes, I think Steve has said some things to make certain deals seem bigger and better then they are. This whole thing started because I gave my OPINION on dilution and someone stickied it. My OPINION was clearly wrong. It was an OPINION and not a lie as I have been accused of. I DIDN'T put the sticky up there and I CAN'T take it down. I am a small part time occasional trader and I'm not trading this stock right now. I have NEVER bashed this company to buy cheaper shares nor do I think if I did bash it would have any affect on the PPS.
No. I said if you bought shares here in the PAST YEAR and held them then you haven't made a dime and haven't sustained any gains. If you bought shares prior to that in the trips and sold some then of course you made money. The point being that the PPS has sucked as far as a long term investment goes over the last year.
I have nothing against the ways people choose to trade. We all have different objectives and circumstances. For me I choose to make a few bucks here and there rather than leaving my money sitting and making nothing. It's just my circumstances. I'm not a full time trader and I don't play the market with a lot of money. I make a few bucks here and there and I'm happy. I actually like this company and believe it's growing and could be huge someday. The private label deal is a great deal though it's not what I expected. Any and all growth is good here.
I didn't say that. I said if you aren't flipping this then you haven't made any money or even sustained any gains over the past year. I have nothing against the way anyone chooses to trade or invest. It's their money and their choice. I actually like this stock and company and have done well here. DB ticked me off with private messages so I was responding to him.
Longs would have made more money leaving their money in the bank and earning .085% over the last year instead of leaving money sitting here. LOL. Un disputable FACT! The PPS has never held any gains here. Flippers RULE!
The problem here is that EVERYONE who has bought shares here and held them over the past year or so hasn't made a DIME!! Many are down. That's a fact that can't be disputed. 6th leg is a joke. MJ deal is a joke. The huge private label deal is just another east coast auto group which we've seen plenty of already. Obviously not what the market was looking for because of the crash in the PPS when it was PR'd. Flippers are the ONLY one's making money here! Confirmed! THERE IS NO LIE IN MY POST! It was my OPINION! I didn't sticky it and I CAN't take it down! Don't hide behind your private messages.
I'm surprised by the lack of dilution no doubt but I just flip this. Doing pretty good here and can always buy back in cheaper than what I sold at. Never fails! The PPS here just will not hold any gains for some reason. Retail players manipulating it I guess since it doesn't appear to be dilution knocking the PPS back down after every pop. I hope this can start holding gains. Good luck. I wish everybody the best.
SUBSEQUENT EVENTS section is my guess. That can be updated to the date of filing. Shouldn't take too long to get it done.
Was anybody "blown away" by the big private label deal being with another east coast auto group? The market sure wasn't impressed with that deal. We've seen plenty of east coast auto group deals already. I expected an insurance company or something on a national level.
Yeah it was. Up into the .005's from .002. Just wait until the real news starts coming. Don't miss that run too. LOL
I don't think it's all about the 10k. I think it's about the game plan, mergers and acquisitions and possibly some done deals. Quiet period ending.