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Saturday, February 08, 2014 4:46:44 PM
Why would they post the wrong information, forgetting the legality of it.
Now, this all goes back to something I posted a few days ago that this stock is not a simple flip and run, which is not to say that this won't have good flipping opps, just that I would recommend caution regarding flipping yourself out of a LOT of money.
Some thoughts I have (all IMO)
Pre-2013 all NVOB revenues were reported into Enerstat (a private company)
2013: They decided to make NVOB a publicly traded company so needed to reported related revs into that company. Who knows what other revs go into Enerstat.
2014: They have used a combination of corporate company cash and standard loans to acquire the two facilities and related equipment.
Revenues, IMO, are going to be near $10M when the year is over, $6.5MM on the low-end.
With 3,000,000 share structure, we are into some serious cash.
Question: Considering the age of the NVOB/SBRH stock symbol, how long does NVOB need to wait to move up to big boards???....I am assuming we will be OTC well before the end of the year.
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