Replies to post #31240 on Nexus Energy Services Inc (IBGR)

[surfguy]

I would be real careful about investing in Nexus. They had nearly 5 billion shares outstanding before an R/S. I wouldn't play too much into the reduction of A/S. Also they have 2 Notes totalling around $1.4 million. If these Notes are Convertible it could signal dillution coming. And with $100 Cash at 9/30 what are their financing options? Just my observations.

[TheFinalCD]

now that's what I call a spread .007x$1


14,000% spreader