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When one performs a little fundamental analysis on this company he sees a company that's strong with tons of cash and assets! Why on God's green Earth would this company perform securities fraud and risk everything? It doesn't make any sense.
It may not be a scam but one thing for sure it that management knows they can pay themselves and keep the company going by diluting shares and that's what they have done for a long time.
I'm so thankful I got out at 6.75 before this thing completely fell into the abyss yesterday. However, if it gets down to 2 bucks I might buy. That's cheap as hell for a stock that was in the 100$'s at one time. I mean their hospitals are still running so eventually the company is going see better days again.
Buying this thing right now could be a good idea if your looking to flip it once it pumps and it will- it always does. But don't swing for the fences on this one or think it's going to make you rich. It's never going into the dollars. I've been following this stock for 7 years and it's been the same old bullshit. Rinse and repeat...
So you think the investigation is bogus?
I've been trading in the otc for the last few years and have gotten burned..well never again! I'm only trading exchange stocks from now on. Stumbled upon ntip the other night while doing some screening on my account. Thinking of throwing a couple grand into this thing. It's financials seem solid.
Praying for an exit price. I'm gone if this thing ever gets back to .15
Why do you mention a buying frenzy? Are you predicting a positive 10q?
When is the latest day that the q can be reported with the extension?
Is there any precedent in the stock world showing that this type of silence and delay comes right before awesome news? Or is this just the foreshadowing of complete demise and failure? Would there be any rational reason why they would withhold a positive development from the shareholders? (Serious question) thanks
Why the jump in pps today without any news? Is this just a pump? Or does someone know something...?
Need a filing SOON!!!! And we can talk about share structures and long positions blah blah blah. But at the end of the day any company and every company is ultimately judged by the demand of its products. This company has yet to prove their worth in the only market that actually matters in the end-- the consumer market.
and back then the company seemed to be more transparent than they are now and I am wondering why...
For all of you newbies on this board. I have been on this board since the original split and rise to $7. The excitement and language on this board is eerily similar to the way it was back in the beginning of the year when i was new to RXSF (now GNID). And then it plummeted into the dark abyss of penny-land. Proceed with caution on this one is all I'm saying. YD, Nebs and others have been warning investors about this stock since then and they have been right all along (I hate to admit it but it is 100% true). Now i am not saying that this company won't succeed in the end but like i said things are reminding me of the way they were back in Jan.
Yeah I added at around .08. Ill probably add more too soon.
I really regret not getting more when it was sub penny... Sigh...
Just slapped got in at .083. Pissed at myself for not buying three weeks ago..
I cant get filled at .076
YD do you think toxics are still here?
Im extremely tempted to add at these levels but also EXTREMELY weary of a reverse split. Not very confident in managements ability to make this company a house hold name at this point but regardless of that I could see a run to .10 .15 just on speculation.
I am still a shareholder and probably not going to sell. However, when can we start to see all of these so-called positive developments translate into a strong PPS or sales of their products? Both are weak and remain weak. In addition, ive seen the type of narrative that Trillmoney just highlighted many times with these OTC's. Its so common. So please someone tell me when we should see a positive upswing in both of those two variables i noted above and how this acquisition is any different then typical scam acquisitions that result in friends getting richer at the expense of loyal shareholders. Just an honest question looking for an honest answer. I have money at stake here so trust me im playing no games or have no incentive to see our stock suffer anymore.
The same people on this board that have been negative the whole time are now dumping on this decision while longs are optimistic about it. 56 million is a lot of dough. Most typical otc companies dont get that much in financing right ?
Does wellington usually invest in sound companies with a bright future. Do they just loan 56,000,000 to just anyone. Whats their history. Its an honest question i truly dont know.... Weve been waiting for financing for a while now and it came apparently. Im confused if this is a good thing or bad thing...
That sounds good! Long and strong Hokie!
drunk right now on a sunday night! Theres a first time for everything. Hopefully i wake up tomorrow in my hungover sleep to news of financing by a blue chip banker!! That will cure my hangover.
Ok but then why put that tweet out? If no news comes THIS WEEK then i highly question RXSF's way of doing things. Not selling havent sold but cmon man then why the tweet?
Guess we dont have to wait for a Q to verify this sale
Nice little PR about that sale of 5000 units to HomeBuildrs. We need more accounts like that!!! Nice to see that their products are selling .
Missed ya cheeky!! Way to shed some light!
So we should interpret this as a positive thing? Not trying to be negative at all. But we can assume that financing has not been achieved yet if they are still going to conventions like this. Maybe I sound foolish not really sure how to interpret this though. Everyone here sounds excited tho so ill say its a good thing haha
I would still rather see no news than some shitty paid PR pump that means nothing. Doesnt mean Im happy but i still feel there is something in the works here imo... Im done buying just going to sit and wait
Amazing... Neb is urging Cheeky to be optimistic haha. Wow how things have changed on this board. I agree with Cheeky tho.. Stringing us along seems to be whats happening. Im not going to sell any of my shares but im done adding too. We need news!!!
Is the 10k required to discuss any financing ?
Ive been a little concerned lately but im still loooooong!!
Let me make this clear though Neb. Im not selling !! Lol as much as i may show some concern its not enough to make me sell this one.
Thanks Cheeky I appreciate that and I also appreciate the DD and hard work you have put into this stock. Regardless of what happens with RXSF I have learned a lot over the past few months from you, Hokie and others and i truly thank you guys for that. Youre doing a good thing for a decent honest company with a dedicated CEO and for that I applaud you. You continue to make great points and are extremely passionate. I do have another week in me, in fact ive got months in me. And i do agree still that good things may very well be coming soon.
For the last week or so Ive watched the markets as a whole gain and gain. Its painful to watch, some of these companies on my watchlists ive seen climb 100-150% recently. Big part of me has wanted to purchase various companies (with real balance sheets and revenues ) by selling my position in RXSF but i havent because I still believe in it. But that confidence is getting weaker every day. Something needs to happen here folks or This stock will continue to be manipulated because it simply can be as long as we are stuck in speculation land. Were sitting here scratching our heads about asks and bids when they only prove one thing, that this stock is completely vulnerable and sill continue to be. I am not a basher by saying thay there are concerns here and everyday this stock remains in the hands of the MM's, buyers will beware and we will see continous low volume. EVERYTHING is seeing volume right now but companies like RXSF. If i lose my ass on this company it will suck but I will sure learn to never Mess with unproven (albeit detarmined and hard working) companies again. This is all my opinion.
Holy Sh$$$$T!!! 3 bucks. Keep goin baby!!!
Sounds good to me. I'm ready to make cake!
Haha Colmars post just magically went bye bye