Replies to post #91234 on Nexus Energy Services Inc (IBGR)

[Huggy Bear]

What ever happened to being audited, and SEC reporting?

And also the symbol and name change via FINRA?

I thought all those things were going to bring legitimate investment. At least that was the tote line for years.

[StockHobit]

The price dropped below the RegA of .03 because of shitty financials and poor communications from the company and there constant failure to follow thru with stated deals in PRs, and the market wouldn’t pay more than the set RegA price which is priced to high for the current fundamental value of the company.

[StockHobit]

“If we were over .03 and they could raise a few hundred thousand or millions of dollars from the RegA”.
-Redwagon

[StockHobit]

“I'm going to make a bold prediction. I think by the end of June, other than the RegA, no one is buying shares for under .05.”

[Ryoko]

Actually, they messed up way before that when they announced the regA at 50c which was at a 50% premium to market, IIRC. I posted back then that they were crazy for even thinking that was going to fly. If they had sold at a 50% discount, they would have been well financed.