Replies to post #9873 on NX Global, Inc. (fka NEGS)

[frenchi]

We must close at @7 - cane someone buy 1000 Shares ?

[goldstandard]

Looking at the latest 10Q that up until June XX they were issuing numerous shares, so I imagine the trend shall continue. When and if they stop can this bounce:

Stock Issuances

On May 4, 2011, the Company issued 20,000,000 common shares to convert $3,000 of the principal of a $30,000 Note. The Company also issued 15,500 common shares as collateral for a $25,000 Note

On May 19, 2011, the Company issued 17,000,000 common shares to convert $4,250, of the principal of a note payable.

On May 23, 2011, the Company issued 21,428,571 common shares to convert $3,000, of the principal of a note payable
On May 24, 2011, the Company issued 25,000,000 common shares to convert $7,500 of the principal of a $25,000 Note and 51,000,000 common shares for the conversion of $13,000 of a $15,000 Note.

On May 25, 2011, the Company issued 35,000,000 common shares to convert $10,000, of the principal of a note payable.

On May 27, 2011, the Company issued 27,000,000 common shares as collateral for a note payable.

On June 3, 2011, the Company issued 30,000,000 common shares as collateral for a note payable.

On June 7, 2011, the Company issued 12,000,000 common shares to convert $3,000, of the principal of a note payable.

On June 8, 2011, the Company issued 77,222,222 common shares to convert $19,000, of the principal of notes payable.