Nexus Energy Services Inc (IBGR)

[redwagon]

Several months ago Dryworld applied for a RegA at .50, but they obviously did not need cash at the time else they would have finalized and funded it (Hindsight 20:20). They made the gamble that the share price would be higher the longer they waited or they were worried that they could not get enough investors to commit to that price. Either way, they were forced yesterday to lower the offering price to .10 due to current share price

I've heard cries that the we are going to drop to .08, .05, and even .01 due to this announcement. Reality is, the reason they are pulling the trigger now is most likely because the contract(s) in negotiation are probably finalizing and they need cash to close and fulfill them. They most certainly have enough buyers of the RegA to fulfill their requirements which are most certainly not close the the maximum of the Offering, and if they were, what a huge contract it would be to require $10 Million up front?!!!

Also, If I was a RegA buyer at .10, I would also buy anything under .10 I could get my hands on too since it is a discount. The RegA buyers probably read a prospectus that has "reasons" why they should risk the money by investing, and they are cool with it. Do you think they are going to buy 10, 20, 50 million shares at .10 with the expectation they will go anywhere but up? Remember, these are not just shares that trading between investors at .10, the cash is going straight to Dryworld Brands, Inc. and will be utilized to grow the overall value.