Nexus Energy Services Inc (IBGR)

[redwagon]

The only shares that can be sold into the market right now are the convertible notes which have also been registered with the TA. If the shares were converted back in September or early October, then, based on the share price and the note terms, there could be around 20 million shares. That would make sense since there are roughly 7-10 million restricted shares issued. Yes the note holders scored, but it does not mean the company is not on the right track. I believe we have seen the last of notes. JMHO