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Thursday, March 22, 2012 10:17:46 AM
NXOI .001 great bottom reversal tail couple of days ago , now news showing this is a real co. with expected revenue. With the Housing market now picking up this could be huge for this company
They do already have some revenue (see 10Q). However, the debt makes it pretty unlikely that they will have any real earnings. They have many, many convertible notes.
To better understand thier financial condition you might want to check out the STT radio braodcast regarding NXOI. You can find a link to it under the "Detailed Quote" section in IHUB.
As for Realtor's acceptance of VOD or other real estate offerings, I have extensively scoured the real estate forums, and I could not find one single reference to it as of about 3 weeks ago. You might want to check this out for yourself.
I am not sure about profitability in the travel channel arena, but their overall revenue does not appear to come close to covering the overall debt picture. Check out the 10Q for yourself.
Regards.
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