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Was able to clear out all my accounts of this yesterday at .055, so glad I was able to get 10% of my investment back. Been sitting there doing nothing for a year. I don't think this will be back over .05 without the major pump.
The other part that sucks is that the reorg fee that went along with the reverse split cost more than the damn shares do now.
Fortunately, a lot of us here do not make emotional trading decisions based on a copied email in a message board. Good luck in the future, I am sure there are folks here willing to take these shares off your hands at these prices. Would load up more here if I had additional $$ I could hold for a long term trade.
I now show the share price at .90, how many hours will it take to get back to sub-penny? Although, who would touch this stinker. lol
If this closed above $4, I think we stay above $4 for the duration.
I went back and reread the post just to be sure, and actually that does appear to be his question.
Just curious - are any of the items listed 1-6 or the links you provided for a document or web page or activity that has happened within the last year or 18 months?
Does anyone else consider this a very important message?
Interesting to see how many people have come out of the woodwork to be experts on this stock.
I guess someone had $884 they didn't want anymore.
looks like EXPH wants to play along with the rest of the market. At least so far for today.
It means their phone company needs some capital investment to improve their network. lol
FYI - as an ex-long distance company employee - all circuits busy messages come from the local phone company and it happens when there are more calls than circuits available. You will never, never, ever hear that from a phone line being disconnected - if that was the implication or worry.
lol - When you are sitting at .0001, moving averages and charts are meaningless. News and volume (not dilution volume) is the only thing that will help now.
Agreed - If we are closing at/above .015 in two weeks - that would be great. This stock is still a momo play like any other pink. It it not "what have you done for me lately", but more like "what have you done for me in the past 6 hours". Once any momo get's played out this stock drops on almost no volume. I am long on this but saying it is a 10 bagger in two weeks will turn this into a pump and dump and will take much longer to get to where it should be. imo
Alan probably just released some of the 75 quadmegagazzilion shares that RBID has available to dump on the market.
(IMO)
Only one more 'low' to go.
Will need more than 15k shares traded/day to get this moving much higher though. The same amount could drop it back even lower tomorrow.
Exactly what is the time frame for "just around the corner?" Right now it stands at 5 months and counting.
LOL
Maybe he can get the board to put together enough money to bail him out.
5.5 mil
Also, we are pretty confident that at least some (probably half) are probably "sign on bonus" shares for the new CEO - and those were at the .003+ range, so just for that reason alone he will want the share price to rise from the dead.
The only reason I see it gagged now is that the AH activity for the last two months might be different than the AH activity right now - or future activity. Not that we can't count, but they might not use AH activity going forward either.
The AH shares started back when this was at .0036, so .0017 would certainly be a discount to the market price at that time. There is no way they are going to try to dump all the shares from an acquisition on one day, so the price of those share AH is going to fluxuate based on the daily trading activity. And since it has been trading down the AH price is going down. This is the pinkies so they really don't have to state why they are doing things until they are done.
Bummer - we are even for the day. I bet it is because all of the people that have bailed... hmm, nope not it.
Must be from the rampant sell volume. Hmm, nope.
Must be from all the "good coin" somebody made flipping yesterday - lets see - if half the volume was people buying, then the other half when they sold - so 18 mil (reatilshares)/2 =8 mil shares bought at .0023, then sold at .0028 +.0005 max flipping potential- wow all the flippers combined made $6000, that is good coin!!
It won't matter - this question will keep being brought up even as a violation of the TOU. There are some that aren't interested in doing DD, just asking the same questions to stir up controversy.
Only if they buy.
Oh, and they will have to consent to a metal detect frisk before I let them in the house. Never can tell these days - unfortunately. :(
I will only accept a personal visit from the entire PDGT board to validate who Vincent C really is. A retinal scan would be nice too.
Somebody needs to check with Vincent Cammarata's parole officer to see if being a CEO of a company or posting PR's is a violation of his parole.
OT - I am in KC and this will now be the third ice storm we have had in the past 4 years, so I know what she is going through and hope they all will be safe with power back up and warm in the next few days. Last time we got it here my power was out for 11 days. needless to say, all my fish died.
Look at the dates - Dec 6 is when they did the conslidated note and Dec 7th is when they did the second note. Titan took over everything related to the assets used to secure the note with Cornel on 11/30. These notes are with a separate entity. I have no idea what they secured these notes with, probably their souls - lol.
The one thing that I picked out is that I don't think we are a clean shell.
The first part of the 8k was about a note with CSI - not Cornell.
"On December 6, 2007, Nexus Nano Electronics, Inc., a Nevada corporation (f/k/a Sagamore Holdings, Inc., the Florida corporation and hereinafter, the "Company") issued a secured convertible promissory note (the "New Note") to CSI Business Finance, Inc." . . . .
"The New Note was issued to consolidate the Original Note plus accrued and unpaid interest to the date hereof totaling Forty-Two Thousand Two Hundred Eighty-One Dollars ($42,281) for a total amount of Four Hundred Forty-Four Thousand Nine Hundred Sixty-One Dollars ($444,961). All obligations under the Original Note have been extinguished and replaced with the New Note."
"On December 7, 2007, the Company issued a second note to the Holder on substantially the same terms as the New Note in the principal amount of $37,034.39. This note is also secured by the Security Agreement and is attached hereto as Exhibit 10.3."
So "The Company" is a shell with with $475k in debt. I am making the assumption that the $37k on the second note was to pay the lawyers. If we get the settlement I hope to god they decide to actually pay their bills.
Guess we didn't have to wait too long - just released 8k
http://biz.yahoo.com/e/071210/nxno.pk8-k.html
Here is my take on this - the second to the last paragraph is key, plus the judges comments.
1) It sounds like JACO wants to file a counterclaim. JACO answered the initial claim in the Discover phase against NXNO and with the last minute turbulence they want to modify their answer to assert counter claim to include additional items ("amend their answer to assert counter claims against the Plaintiff")
2) JACO may have actually held the note (or at least held a note) for assets that were purchased by NXNO. Part of the asset transfer agreement was to pay off the note ("Failure to make payments on note held by Defendants")
3) We don't know what the initial asset purchase agreement was - but it may have included steps to prevent NXNO from selling or using a as colatoral those assets until paid off. (purely speculative from me)What we do know is that JACO is now saying NXNO broke those agreements. ("breach of the underlying purchase agreement")
3) NXNO may have not paid JACO the full amount they agreed on for the initial purchase.
With all that said, - not sure if this actually does anything for NXNO. the NXNO lawyers may come back and say "drop the counter suit and let us (Titan) keep the assets (that we already confiscated/bought) and we will drop our suit against JACO. That way the "pre-nup" aggeement with JACO is voided and both sides win - JACO doesn't pay the lawsuit and TITAN/Cornell (or whatever) gets to bypass whatever was indicated in the initial asset purchase agreement. PURELY speculative and probably full of holes, but this scenario would obviously be bad for shareholders. However, I don't think a judge would let that slide as it just reeks of conspiracy. Or, the counterclaim could potentially result in Titan/Cornell having to pay off the note JACO mentioned, or significantly reduce the award to NXNO or potentially put a hitch in the recent asset acquisition. Not sure how, but there is $$ to be had here, it just depends on where it settles and what will actually end up with NXNO and not with Titan or JACO.
In any case, if JACO amended their reply it was done by 11/28, NXNO would have to reply to that by 12/5 - per the judge. But, if NXNO has no capital (or assets) to pay the lawyers, who knows what will happen. It certainly seemed like NXNO wasn't there to respond. Interesting reading and thanks FJ for the DD.
All this IMO obviously.
I agree - some of these posts are hilarious. Can't figure out how to validate a PR? This company will wait 7 months to get the right CEO and end up hiring someone being investigated by the SEC and FBI? Riiiigghhht. When has the SEC or FBI taken less than a year to do some investigation? - The new CEO's background is SALES - not investing. Due diligence is great but throwing out panicky crap at 4 on Friday is irresponsible and a great way to get added to the ignore list. And why is it that some people think that anyone on this board is responsible to answer any questions they pose? - see that too often and usually that is a sign that the pump/bashers are going to take over. Sorry to vent but geeze, the last 20 posts have been ridiculous.
Only problem is that if Mr Marr reads this, who cares. Mr Marr is not the CEO - Vincent Cammarata is.
And regardless of the assets, the lawsuit is still there with NXNO as the plaintiff - as long as there is still someone there to represent NXNO. With Cornell now completely out of the picture it will be interesting to see where that leads.
Explains why a $3mil settlement wasn't going to help them either.
If so, that should have driven the stock up, so who was selling? The only answer I see now is a major dilution. But if it clears out the shorts then this will start to go back up. imo
it will be interesting to see what happens with the AH transaction - if any. But I bet there will be.