Nexien BioPharma Inc (NXEN)

[BarkOLounger]

1.3 million shares were registered into the float on 10/30.

while they could all be private placement, it's unlikely since it coincided with the other announcements around the shares.

Don't get me wrong, I'm in this stock and want it to soar. I think it's got a good chance.

I think that while these shares are sold it will stagnate though.

today was an indication of that, as the first trading day since the conversion and the price tanked with someone even dumping 9K into the .40 bid at one point.