Nexien BioPharma Inc (NXEN)

[Renegades17]

Only been a couple of weeks

I'm sure Intiva is working on the required filings. That gives shareholders a golden opportunity to accumulate stock before we find out what assets will be transferred into the shell. If you believe that there's well north of $10mm of assets that will be transferred into the shell, you should be buying the stock here.

I would bet that they're getting help from consultants or bankers on putting together a valuation for the assets that will be included in KDRH. They'll want to maximize the value of the new company and I imagine uplift to Nasdaq at some point shortly thereafter. The key moment for the stock will be when they release a filing or merger presentation with the valuation of the assets. The stock will rerate at that point from a penny stock to a stock worth a few dollars at least. That's my view.

This is a unique opportunity IMO that really hasn't been discovered by many yet (as evidenced by the small trading volume). I've been accumulating a lot and doing my part to lock down the float.