Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Has Eddie shown his face recently?
NPHC auditor has the longest busy season in the nation.
In 3 months NPHC will be delisted.
3 months ago shareholders thought we'd be current by June.
4 months ago shareholders thought we would be current now. Foolish huh?
you're welcome.
Objectively... my opinion is that if an investor will lose most of their investment in September when/if NPHC is delisted... How on earth do you think the stock is going to hold any value as July approaches? We all know once he says July he means after July.
Regardless, playing chicken with investors, the SEC, unpaid auditors, and irresponsible mgmt who caused this time crunch... the equation doesn't look good.
Is "early July" long before September?
To judge whether that's a good enough pad of time... we should look at his track record of timeliness... which is abysmal.
THIS GREAT NEWS DROPPED THE STOCK PRICE.
The CEO could have a rear-end producing golden eggs, and if the stock still isn't current, each news item drops the price. Stop laying these eggs and get to work on what the market wants.... the whole OTC in in the crapper, do something honest and stand out.
News unrelated to FINS only reminds people that the fins are super delinquent... and that SEPTEMBER IS COMING.
SEC: Get current by Sept or DELISTED - but - CEO - It kind of looks like our slow auditors will be ready LATE SUMMER.
I'm paraphrasing, the underlying sentiment is true. Do the DD.
CEO has 2 previous suspensions and now he's taking NPHC down to the literal wire... on purpose.
If it was on NPHC property and released as news... it would also drop the stock.
What if we get another roller skater?
I wouldn't say its running. They all run eventually. Manipulation right now. There's no eyes on it.
Let it RUN! Awesome potential here...
Rik's history of entirely earned distrust based on expectation failures, stupid business decisions, tone-deaf and poorly timed womens heel product pumps, and marketing BEFORE fixing the red flags.
That email tells me that (knowing Rik is an over-promise under-deliver guy) July will not likely happen.
Strategy: "Dangle June/July, pray for August."
But... August is too close to September.
If he can't assure a short term time-line, how can he assure a longer one?
We are already effectively on deadline based on these comments.
This stock will be in the trips in July as the expectation-disappointments mount.
Also, under-deliver CEO Rik is being sued by the SEC. Super attractive stock.
Still enjoy your family and kids. It's just money.
The "delay" is deliberate. I'm not 100% sure the reason. I think it has to do with information in those filing may either work against Rik in his case, or entirely contradict some of his defense.
Riks buddys share this with him... release a sequenced timeline for the financials that are due... there are a lot... perfectly hit each date of the plan... you will become the OTC CEO of the year. Viral credibility will ensue.
CEO is amazingly tone-deaf. PR.... thud.
I'd be more patient if they were not so passive about the auditor. I want a plan. They should want a plan from the auditor as well. They are too far behind to just trust them while they worry about womens heels, make Twitter videos, and hire twerking Instagram models to sell snake extracts.
It hasn't gotten a shred of new attention on this stock.
Real companies with real volume based business, impressive sales numbers, multiple established sales channels, have histories of doing them on time... they just get it done.
TO directly answer you... Ever heard of being allowed enough rope to hang yourself? That's the reason.
Thanks for the kind words... but experienced OTC people know what delays really mean. All shareholders should want the timeline... the lack of support for this suggests something else is going on here...
They need to get it together and stop being tone deaf. Somehow knock off instagram models are supposed to help? Are they CPA's?
Demand a timeline.
DEMAND A TIMELINE. Or... Delist coming. Where are the old financials? They are not complicated.
Maybe less "influencer" would help. PPS shows there's no credibility.
videos, tweets, social media... but the one thing we need is the lemonade stand financials to be completed.
Sept 28 = Your Broker Will Stop Trading NPHC
...unless Rik gets his act together FAST... it'll be phone call trades only.
New rules will affect your ability to buy and sell “Pink No Information” securities.
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, from making these products generally available.
Some background on the new requirements
The Securities and Exchange Commission (SEC) recently adopted amendments to SEC Rule 15c2-11 governing the submission and publication of OTC quotations. These amendments will prohibit broker-dealers from submitting or publicly disseminating bid/ask quotations for OTC securities of issuers that do not meet enhanced information filing requirements.
Securities of issuers that make the required information publicly available by the deadline in the rule should not be affected.
What these changes mean for you
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through your online brokerage, including ones you already own.
The Fact remains there is a literal deadline to get current by, and NPHC is whistling past the graveyard... no urgency.
"The auditor is busy" would not be a reasonable excuse if it was my company barreling towards being delisted.
IMO The filing delay has something to do with Rik not wanting to disclose too much 'potential evidence' until his personal lawsuit ends/settles... this game of chicken ends with shareholders getting screwed. The SEC has no feelings or conscience for OTC CEO clowns.
Seems like he's putting his personal legal needs before his fiduciary responsibility to the company/investors.
The Fact remains there is a literal deadline to get current by, and NPHC is whistling past the graveyard... no urgency.
"The auditor is busy" would not be a reasonable excuse if it was my company barreling towards being delisted.
IMO The filing delay has something to do with Rik not wanting to disclose too much 'potential evidence' until his personal lawsuit ends/settles... this game of chicken ends with shareholders getting screwed. The SEC has no feelings or conscience for OTC CEO clowns.
Seems like he's putting his personal legal needs before his fiduciary responsibility to the company/investors.
If NPHC were to not catch up on ALL the quarters they are behind, who do you think would bid for your cheapies by phone?
Sept 28 = Your Broker Will Stop Trading NPHC
...unless Rik gets his act together FAST... it'll be phone call trades only.
New rules will affect your ability to buy and sell “Pink No Information” securities.
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, from making these products generally available.
Some background on the new requirements
The Securities and Exchange Commission (SEC) recently adopted amendments to SEC Rule 15c2-11 governing the submission and publication of OTC quotations. These amendments will prohibit broker-dealers from submitting or publicly disseminating bid/ask quotations for OTC securities of issuers that do not meet enhanced information filing requirements.
Securities of issuers that make the required information publicly available by the deadline in the rule should not be affected.
What these changes mean for you
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through your online brokerage, including ones you already own.
Has Rik ever made an alias for message board to defend himself? Asking bc he opened brokerage accts to trade NPHC..
Do you know what the difference is between a suspended stock, and one that broker dealers can't quote publicly? Nothing. NPHC will effectively be a suspended grey sheet stock if Rik fails at meeting the Sept 28 deadline.
I think shareholders should be given an exact timeline.
Actually... all of you will be impacted by this.
The Securities and Exchange Commission (SEC) recently adopted amendments to SEC Rule 15c2-11 governing the submission and publication of OTC quotations. These amendments will prohibit broker-dealers from submitting or publicly disseminating bid/ask quotations for OTC securities of issuers that do not meet enhanced information filing requirements.
The September NPHCpocalpse is coming if Rik lets you down. Look at the lawsuits, he's being sued by tons of people he actually knows. Your chances are not good.
I'm 100% certain Etrade will not give a frank about Riks legal trouble. A deadline is a deadline. We will probably be discussing this each day.
If the trial where financials are being held back as confidential* is after Sept 28... I think we all know what the future looks like.
*fact see the court docs
"Getting current" when did this mission start? And how much progress has been made.
LOL - getting current is such an open ended statement. I need a deadline from them, and then they can prove they have turned over a new leaf by achieving it.
Sept 28 = Etrade Will Stop Trading NPHC
...unless Rik gets his act together FAST.
New rules will affect your ability to buy and sell “Pink No Information” securities, including at E*TRADE
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available.
Some background on the new requirements
The Securities and Exchange Commission (SEC) recently adopted amendments to SEC Rule 15c2-11 governing the submission and publication of OTC quotations. These amendments will prohibit broker-dealers from submitting or publicly disseminating bid/ask quotations for OTC securities of issuers that do not meet enhanced information filing requirements.
Securities of issuers that make the required information publicly available by the deadline in the rule should not be affected.
What these changes mean for you
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.
Here’s how to get more information about these changes and how they might affect you
...hey CEO Rik do your heels hurt from dragging you feet for years?
Seems like you're on a collision course with court cases and OTC transparency rules with online brokers.
Are you to play chicken, just delay, and let it all burn?