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Complaint filed
I sure as hell hope so. Would really like to see this one take off. Have had a decent size bag for a while!
wow lots of volume selling 1's. Shit sucks!
Sure is!!! OTC Markets showing them as PINK CURRENT as of this morning!
https://www.otcmarkets.com/stock/KNSC/overview
This will come back. will just take time
Can’t say much has made any sense when it comes to what they file.
Would love an elaboration on that comment please!
??? Huh
Which is why I stated that those screaming scam and Joe should be in prison are going way to far. There is more to this that we don't know. The next month will be interesting.
Because it doesn't state what law was broken. It does not address what was actually done to hurt investors. I admit there is things that don't look great, paragraph 25 specifically but it still doesn't show criminal activities or even intent.
not saying it changes anything right now but what exactly was done that was illegal?
One thing I would like to point out to all of you that keep screaming SCAM. In the doc from the SEC showing what their information was before them at the time of the suspension nowhere does it show that Snyder or any member of the company sold their shares. If they showed Joe dumped a big chunk or majority of his shares then I would be on board with you in saying he orchestrated this, but they don't. Joes addresses that and stated in his video after the suspension that he nor any other company members have sold a single share, that is a very easy statement to prove true or false and im sure he knows that. If he supposedly "pumped" up his stock, what was the reason for, besides to up the price of the regA offering and lower the number of shares to be sold, but wait that only helps shareholders.
My whole point is the SEC is pointing to his actions for promoting his business, that is what a CEO is supposed to do, they have not claimed anything illegal that I can see. If he did, what is it? If your answer is lied about having products or the manufacturer, then my reply is this... Business especially international business during such a time is very fluid and things happen very quickly, just because something didn't come together as it was stated doesn't make it fraud if they didn't do anything based on the share price surge. It is clear they are a real company, they may not have a big headquarters but look at all the companies that do right now, they cant even use them because of stay at home orders, but they are producing products and they are engaging in real business. I do not believe that they lied to investors to "pump" the share price to capitalize on it. I have not seen anywhere that proves they capitalized on their efforts to build their company. except in regards to the regA which again is good for every shareholder.
Well this sucks! I was sure something was going to be merging in and getting ready to drop with all those filings back to back.
Before the suspension
For what it is worth, NBDR did say in the rule 550 petition that none of the insiders have sold a single share. I would doubt that they would say that in that document if they didn't have proof to back it up. That is a pretty cut and dry statement that is easily proven true or false.
That would also rule out and argument that they were "pumping" their stock to sell off on shareholders. We all know that's not what is going on here. Let the process play out and when they are able to trade again freely the price will reflect the solidness of the company.
Video posted on you tube!
yes it has. Joe has not tweeted since this happened
It would be my guess that the company would be advised to not put out any public statements until this is sorted out by attorneys.
Again how can you jump to calling this a scam?? Nothing the company put out was a false advertisement to what they are doing. A scam would constitute telling investors you are doing XYZ when you are not and then using a jump in share price to sell shares to raise money to use on ABC instead of XYZ. That is what a scam is. If the SEC is cracking down on companies they believe to be using the COVID crisis to their advantage I get that but if NBDR can prove that they are actually doing what they say they are doing then they should be vindicated and very quickly. If they are not then yes throw the book at them but I don't believe that is what is going on here.
While I agree with you, What exactly has NBDR done to mislead investors?? The only thing that I can point to is when Kevin Nash responded to a question about the tests being FDA approved by saying they are good to go. I believe that was mistake however I think that is a far cry from purposely misleading people to invest in the company.
from a betting position you are taking the safe bet. But there is more to the story here with NBDR than most companies that face a suspension.
Although I have not actually ordered anything from medident I have checked in on their website and the only thing you could order was the “viral specimen collection kit” and the hand sanitizer. Both are still listed with the collection kit being sold out. The 15 min test was not ever listed as far as I know. I don’t think that is a bad thing as I don’t remember any PR or tweet saying the test was available for purchase from medident, and that doesn’t mean that they couldn’t sell them wholesale either.
Right, which just screams bullshit to me. Time will tell I guess.
But what is it in the complaint that they have done wrong?? They clearly labeled and advertised the specimen collection kits as such and made no false statements about it. The at home test kits have been talked about yes but has been very clear as to waiting for fda approval. I just don’t get it. Hopefully we all hear something sooner than later. Have been through another suspension and it didn’t end well, but that one was for being delinquent which going off what the sec complaint says is not the case here, which is the only reason I am holding out hope.
Absolutely true. Right there with you!
NBDR $$$$
Trade the company for the work and progress they are making, not the news of the day.
For NBDR but honestly im not the one to have those facts. Time will tell.
Emergency Use I believe
Yes so shouldn't there be some other updates for company plans? I cant remember exactly what the hell is going on here but I thought the word on the street was that the property would be sold with a lease agreement so that the business could be expanded with the capital of the property sale instead of toxic notes.
Not sure what to think of the fact that they were submitting filings and looking like they were on the road to real progress and then all of a sudden nothing! they need to continue what they started if we stand any chance of this moving.
Going to have to add a couple zeros to that figure for the 2020 Q1 rev's!!
NBDR $$$$
In one of the recent videos Joe talked about their 2020 road map and signing sports and actor spokespeople were part of that plan. Obviously with the COVID-19 shit happening their attention has shifted from their CBD market. Don't get me wrong it is still there and happening but right this moment they need to focus on what they can do to help the pandemic.
NBDR $$$$
A lot of things are happening right now for this company. As far as bloated pigs, yes "most" are, However NBDR is far from bloated and if you look back since their RM they do everything possible to not raise the SS.
Paragraph from Joe in the latest PR this morning:
"If you take the time to watch the last three or four NBDR Shareholder Update Videos that are on our YouTube Channel you will see that we have stated over and over our commitment to NOT issuing 300 million new shares into the market. Our executive team and I are major common stock shareholders of NBDR and as such are just as sensitive to dilution as any shareholder in the Company. This amendment is another example of why we are #DifferentByDesign and clearly shows that the action steps we are taking are designed to improve shareholder value and minimize dilution while providing our businesses with the capital they need to deploy and scale," said Joseph Snyder, CEO of No Borders, Inc.
NBDR $$$$
It is ready!
OH SNAP!!! hahaa
Your post is full of LIES. First, the first link your post directs you to is not of the FDA. I have read through the daily briefings from the FDA.gov website and in particular for the date of March 21 as that is the date that you link says the FDA banned at home specimen collection kits. Surprise surprise there is no mention of them banning at home specimen collection kits. They have not banned them at all. If you can show where they have from their website then please provide the link.
Second, the second link you provide goes to twitter where SEC enforcement states "The SEC has suspended trading in securities of companies based on unreliable claims they were developing treatments for COVID-19"
NBDR has not once made unreliable claims about developing a treatment.
I don’t know the rules and regulations on who exactly can buy the offering shares however I do know it is up to the decision of the company as to when and how many shares they do sell. Technically they could never sell another share from the offering if they did not need to. With the current situation they may not need to sell any more shares, but if they do you can be damn sure that money will only make the company more profitable.
They would have no reason to be a publicly traded company then.