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.
What was the video about? It is no longer available due to "copyright claim by NMKT"
simply pathetic. It seems that NMKT is desperate to get its share price up but nothing seems to be working.
It is all the bashers' fault (LOL!)
NMKT's board is a failure in all regards listed. I don't see any of this happening.
Doesn't look good. I think we have a potential conflict of interest but that will depend on either NMKT's charter or the laws of the state under which NMKT was incorporated.
My opinion is that this doesn't look good at all.
Thank you for the information nonetheless. I will be selling on Monday, rather than hoping that it goes up and then selling.
Who are the BOD members? Could we all organize to write them all?
Who is the Chairman of the NMKT Board of Directors?
Phil has to go.
The only way to "vote" will be with your 'feet'. Looking for opportunities to unload this dog in the near future.
Who are the BOD members?
Two worthless pump sites. What may I ask was the result of their reporting?
Is that Phil?
Agree but getting Phil to step down will be next to impossible.
Too many "iffs". PV doesn't have the qualities you speak of.
I agree. Just not sure if this is another OTC-BB scam company or plain incompetence. Meanwhile IR gets $400K a year...OS keeps rising etc and etc.
Looking to bail out with the next pump.
I would like to see a nice bump in Q2 with the new trend continuing thereafter. In other words Q1 being the worst quarter of the year.
Diluted shares up another 3M ,normaly that should be it but it is a good question for the CC.
Not true. Read the annual report. Yes good question to ask for the CC.
How does Phil expect to reach the oft repeated goal of $120M for this year?
early june or late june. seems monthly but not otherwise consistent.
Look at the following:
http://www.goldmood.com/cosmos/hs/NMKT.OB.html
we will have to read the fine print won't we? They probably will be restricted.
"77 million on the books as revenues."
He has only net income on the books, not $77M.
The big test will be the dividends. When or whether they will be handed out or not.
"anything above 100 million dollars will be just fine for exponential growth in share price"
No it won't. Not if the dilution continues at the present pace.
A simple matter of supply and demand.
My sentiment towards NMKT and PV would change if....
1) He would stop these silly pump PRs especially when he cannot file on time. How stupid does that look?
2) Makes promises (with exaggeration) of events far into the future.
3) Talks about the phenomenal growth of NMKT while neglecting to mention the very large number of new shares issued.
4) Has not given a comprehensive overall view of what all these acquisitions will accomplish in the scheme of things. In the meantime we are getting more chiefs, highly paid chiefs, as the price of admission for adding new subs. How quickly will revenues ramp up? What will the cost of sales be?
5) Dividend payment schedule. Nothing firm just vague promises, yet we will have $500M in "highly profitable" revenue in 3 years....yeah right!
The 5 year plan has not happened. Neither has the handing out of the stock dividends. Cost of sales of NMCH was 28 million dolars, leaving a net income barely in the ~$100K area and while NMKT's net income was positive, I would not call it "highly profitable" as the fluff PRs continue to shout.
Meanwhile we have more chiefs being added to the organization and the inability to file on time.
To me these are danger signs and a warning to get out and there are better stocks out there.
You are forgetting the dilution and the erratic, inchoate picture this company is increasingly displaying....not to mention its "top heavy" organizational structure.
I am looking to bail out as the sp approaches or reaches my breakeven point of 0.48
I no longer have any confidence or respect for Philip Verge or his ilk.
Too much dilution, too many fumbles, too many promises not kept (ie. dividends), late filing by NMCH which in turn will impact NMKT!!!!!
PV or the BOD should hire someone of proven track record in management and PV should go into sales.
PV acts like he is a CEO of a OTCBB company.
More than three things have to be done...
1) If there are any conflicts of interest by Phillip Verges then they have to be resolved
2) Stop issuing fluff PRs
3) Stop relying on pumping institutions to raise the share price of NMKT (ie. what the value of NMKT should be, short squeeze trigger price etc.)
5) We all know that massive dilution has taken place with NMKT an this has adversely affected the unit share price of NMKT (see http://www.goldmood.com/cosmos/hs/NMKT.OB.html)
6) NMKT's growth has been erratic and to say that it has grown tremendously when the dilution is ignored is plain stupid.
7) Stop making projections about future growth, especially when you can't even get your subsidiaries to file on time.
8) Keep your promises about the dividend pay-out. The market will love you for it if you do or will hammer you if you don't. You had better do it this year. Many shareholders are growing disgruntled. After all you are the one who keeps raising the subject without any follow through Mr. Verges.
Remember the trigger price now is under 40 cents and we are closing the gap. Perhaps the slight retreat has peeved you. A case of "So close yet so far..."
Were you using P&F tabulations to come up with you critical juncture turnover prices?
I'd like to know more about it.
It's been a rough week. Earlier it was I who was in abad mood and you gave me a sympathetic ear.
Yes Verges. I hope he will answer the tough questions. Do you have any?
perhaps something will happen in Nouveau Orleans? To me it looks like something is already 'taking shape'.
Psychologically I feel the stock has turned around. Now if Paul answers the hard questions I have for him (in N.O.) the shorts will have lost the ammunition they have.
Yes you are right. I hope we can both teach each other what we know.
swazie...especially for you
http://biz.yahoo.com/bw/061201/20061201005591.html?.v=1
We are consolidating.
Naked shorts about 30 million but is hard to verify. Trigger price is around 0.40-0.45.
No I didn't think about asking him that.
Questions for Mr. Verge at N.O. town hall meeting:
I am thinking of coming to New Orleans to pose the following questions to you Mr. Verge. Please do not answer these questions in an e-mail to me. I would rather have you, Mr. Verge answer me personally at the town hall meeting.
1) Will you divulge the beneficial ownerships of all the officers of the Company?
2) Are you going to file forms 4&5?
3) You had promised to buy shares on the open market at the beginning of this year. Will you do so before the end of this year?
4 Some of us are awaiting our dividends in DFTS. Do you intend to pay us? If not what is your explanation? Are you aware of the legal liabilities in your not delivering on your promise?
Most sincerely,
XXXXXXXX, Shareholder
I was going to say 0.35 and let's see what the P&F charts show when it hits 0.35
I am still not convinced about the magnitude of the naked short problem.
If there is a big naked short problem with NMKT and they are forced to cover....then the share price should go well past $0.78, there should also be very large volumes unless they cover surreptitiously.
Any 'forensic evidence' (ie. with LL2 or LL3)?
Thanks hiphop...
"We have no investment banking or consulting relationships with the companies we cover, removing an inherent conflict of interest typically found in most research firms."
Is Beacon Equity Research at an "arm's length relationship" with NMKT?
If they are then it is good. What I'd like to know is the identity of the investment banker.
http://biz.yahoo.com/bw/061127/20061127005609.html?.v=1
Accordingly, management has made the decision to engage an investment banking firm to manage share price alignment strategies through an upgraded listing and an organized communication campaign with institutional investors.
Why is the share price continuing to plummet? It has been doing this for over 1 year, perhaps as long as 2 years...a continual slide.