CAVEAT EMPTOR, the new JBII NASDAQ,
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Nothing will accrue to shareholders. The stock is worthless. The fact that they have refused to give shareholder financial statements for over a year now assures it 100%. Only frauds hide their financials from stakeholders.
You need to buy more of this worthless fraud.
No idea, Interactive brokers are very good though.
"chumps" are all standing around now just wondering what hit them
Yep, fools with no understanding of the market got smoked from 200$ to .0001 while the CD holders dumped and dumped for huge gains. Only chumps buy this scam in the secondary market.
THEN THERE IS NO DOUBT IN MY MIND THAT THEIR BUYING BACK SHARES!
I don't know how that works unless you mean "they're" or "they are" if so you need to buy more of this fraud.
They are not buying back shares. That is one of the few things that are 100% for sure.
Is Notis getting ready for a reverse split or are they buying back shares?
How do you buy back shares with no money and convertible debt that would likely make a buyback illegal. Companies do not sell shares for a massive discount meanwhile buying them back at a huge premium that is against their fiduciary duty in the very least and likely just plain out illegal.
Nope, the only people who can tell you that is management. They hide the share structure and assets from shareholders for good reason. Less people would buy this scam if they knew they were buying nothing but worthless paper.
they could always do share buybacks
They cannot even afford to put out a 10Q and if they did actually have some money they could not buyback stock. CD holders would just convert and dump making tons of cash and the stock would go nowhere. Pretty sure they just legally can't anyways, not that that matters as is not going to happen.
There is nothing in the filings about a reverse split coming,don't speculate
They have not filed in 18 months, have hundreds of billions of shares to issue for convertible debt and have nearly of fully maxed out their authorized which is 10 billion. Anyone who thinks that is a sustainable knows nothing whatsoever about penny stocks.
The only product they have is stock, and they can't sell more till they do a whopping reverse split.
They do have a product it is their only product since inception. They just have to do a reverse split before they can sell more.
READ AND LISTEN TO THE FILINGS ONLY!
You can listen for the filings, but you will hear anything as they have not filed in 18 months and it is pretty much assured they will never file again. Then again the company is a fraud that has been nailed by the SEC so anyone competent enough to read and understand filings would never buy the stock anyways.
"if he sells he has to file".thanks for clearing that up,makes me feel better
Obviously you did not understand the post as it espouses the exact opposite. The chances of a filing ever happening are next to zero no matter what.
e the "old"EWSD FARM that is renamed "SHI FARMS".and yes,NOTIS GLOBAL owns 100% of it(not just 80%, as has been "made up"here.if you don't believe me,read the filings
I have and that is why I know that is completely laughable. Stockholder of NGBL have essentially nothing. The share structure and agreements in the past guarantee that. One can expect there are even worse things due to the lack of filing for over a year now.
Hostile? Shareholders of NGBL have basically nothing and what they do have is so diluted that it is meaningless. Of course because the company has not filed in a year well only a fool would think they have something. They stopped filing for a reason.....
Sorry but as usual you are wrong. When he sells he is required to file, of course there is next to no relation to what should be done and what is actually done as this is the penny stock fraud game.
why would their corporate office mean anything?
It is a stretch even calling it an office. Likely a mailbox as they have zero revenue, zero chance of any revenue and are up to their eyeballs in debt.
It would be hilarious if they went back to using those to scam people.
You may be confusing employees and shareholders that lost money in the stock.
Lost money? Don't you mean complicit in the pump and dump scam who conned countless people into buying worthless scam shares.
I have 20 x more shares than you, my friends have 10x shares more than me, we are more than 20 shareholders...who meeds a insiders or ceos ???we only need block more shares
Well at 20X mine means you have zero. Sorry to hear anyone would buy into this scam. I have been warning people from 200$ down to .0001 about it being a fraud. The CD holders with hundreds of billions of shares in convertible debt appreciate the suckers though.
There are no institutional holders, unless of course you consider sleazy CD holders, which is laughable.
Its funny that u immediately call it scam.
Actually it is incredibly obvious. Of course this stock is a scam it was set up by a felon with a rap sheet as long as my arm. This shell is dirty as it gets and no legit business person would ever come anywhere near it. People who think that because an OTC shell has new management it is "all better now" have no understanding of the market whatsoever.
Considering that NGBL has 7.2B shares outstanding, at .0002 a share, that would equal a market cap of $1.4MM, I’m surprised that no one (not that I saw) has considered the possibility that Notis might be bought out by another company at a discount.
Fully diluted the share count is in the 100s of billions. Even without that nobody wants a penny stock fraud like this one. This stock was started as a fraud and will never be anything more. Any legit business person would not even go near this stock or pretty much any other OTC pot stock as they are all garbage.
It is not misfortune it is pure stupidity. Have you not listened to my warnings over the past years here? I have been totally correct about this fraud from day one et tu?
The stock went up once and dropped back to nothing with a grand total of something like 99% losses from its high. That is not something to brag about, it is laughable that the touted high point to the stock is that it went up once and then lost all its value again. In the real world people like it when a stock goes up and stays there.
Here is how this is going to play out. Management is going to talk about how the share count is untenable and that they will need to change that for the company to continue on and "grow". They will vote for a split and it will be a yes. Then they will wipe out common holders. Maybe help out the toxic CD holders so they don't get sued for breaching their agreement, assuming the CD holders protected themselves from a split, which is likely.
This stuff is really easy to see as the stock has ~10 billion shares outstanding and at the current price 100+ billion mores shares that can be converted.
And yes I will be laughing at you when the split is voted for and then implemented.
After ~10 years of watching frauds I have a pretty good idea how they operate. That is why I did not lose a penny to this obvious fraud while you got wiped out.
You should because it is basically 100% assured that the first big thing new management is going to do is wipe out common holders with a ~1000 to 1 reverse split. It is the extremely obvious and sensible thing to do.
Ahh, no. Flat means holding no position.
Max has sold. He is long gone. You will never see any filings.
If I had to bet one way or the other I would go with him being flat. The volume in the time frame fits it perfectly. I would be completely and utterly surprised to see any filings from him.
One of the first things that is going to happen is a dear john letter explaining how new management needs to clean up the company as it is not viable. They will then announce a 1000 to 1 or higher reverse split.
So they have purged their website of content. Normal companies make a new site/content and then replace, they do not purge and leave nothing. They are afraid of something. I would not be surprised if there is new attention from regulators.
Who knows, they may do it next week or next month or 4.2 years from now. It just is that way. They should revoke any company with past violations as soon as they stop filing. It would get rid of lots of OTC trash easily.
I'm my opinion Goh has an obligation to show us the financials.
As a reporting issuer the company is required to file financials. At anytime the SEC can go in front of a judge and have the stock revoked for not filing.
You must be joking. The only people who take over penny stock fraud shells are other dishonest people or incredibly stupid idiots. The financials and lack there of, is a bit of clue.
Not a good sign at all for the company. When making a new site there is zero reason to take the old down till the new is done.
They will never file again. There is no financial information from the company for the past 13 months now.
Who wrote that nonsense?
Someone who is dumber than a rock, literally.
Whomever wrote that originally is a completely clueless moron with no knowledge of the penny stock market.
Good thing Dick Head sold all those processors or the shareprice would be really bad.