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Wednesday, May 01, 2024 10:10:18 AM
Second, the insiders "loading Heavy" and the "$NRDE worth billions" don't go together. Insider buying doesn't prove the winning the largest lawsuit in stock market history point. Insiders don't know if they will win big, or lose. They just don't know. Insiders would buy on the basis of the company actually doing something, or have a plan to do something. Right now, the company doesn't do anything, unless there was an announcement I missed last night.
As far as the lawsuit goes, the motion to dismiss hasn't been ruled on yet, so it's a little early to say they will win billions.
Finally, "$NRDE to be worth billions" is simply hype, a statement based on hope that maybe a pumper/dumper might say. I doubt you actually believe this, though I suppose that's a possibility, however remote. I think it is more likely that $NRDE will win $200 million, or they will settle for some amount before the court actually rules on anything. I actually think that settlement is the most likely option, though I'm not sure what $NRDE has to offer. They don't make EVs, and they don't own the rights to any EVs. The filings say so. All your posts actually support that point, though you say otherwise. However, your opinion, and my opinion doesn't matter on this issue except for perhaps making investment decision or making a speculative investment. Time will tell on this lawsuit, but the fact the the motion to dismiss wasn't laughed out of court suggests that maybe the "To be worth billions" statement is a little premature.
Good luck. I do think it is reasonable to be bullish, but they need to be involved in some sort of acquisition or actually start a business and stop being a shell to be worth a serious investment.
Recent NRDE News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 12:28:04 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:48:59 PM
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Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
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North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM