I didn't mean to start the whole R/S talk! lol. We are way way far from that imo. We just got on OTC because we are start up. Uplist is something to work towards and if NXG can get in order over the next few years that is definitely possible without a R/S.
To your point though yes I agree most R/S are bad but it almost always comes with bad management or management that doesn't care so much about investors. I've been very successful with two R/S that had solid management- ARNA and XOMA, both bio sector that did R/S's and flew high and have been solid stocks for the most part for years. Bad management is easy to spot, they will R/S pump the stock with news, do an offering and hit repeat- R/S, offering, R/S, offering etc. That type of thing you get out and stay away.
So far I do not see a hint of that. Just look at what they have accomplished just over the last year or so. Yes with some shares given and sold into market for capital and that's fine, overall it's been minimal and the volume shows you they are not diluting. We are just floating around down here mainly because the sector is down and really NO ONE KNOWS NXG.... yet:) GL
