RE:RE:RE:BuyoutGreat to see the chatter back on this board..
I believe NBM is a buy out target, but not at this point. With only $35mm market cap, how would you price their potential? Hard to place a value on their patents and game changing technology at this time.
As they develop, mature and achieve production, I can see the big boys jumping in..at this time they need deep pockets/partner to pay for their plant. Production is slated for end of this yr - so alot needs to happen and soon..clarity is needed..hence the halt.
My take (really Just my opinion) is they negotiated a partnership with a global $$ player and the exchange needs a few days to review the deal - so halt was the only option so no info could get leaked.
NBM is not your typical micro cap. These guys are true pros! They have been excellent with keeping their investors updated this past yr. They always seems to have forward looking statements in their releases. If you can read between the lines...
We expect that 2022 will be another decisive year to achieve important and noticeable milestones related to the commercialization and performance improvement of NBMSiDE. On behalf of management and the board of directors, we would like to thank all our team and our valued shareholders for a great 2021. We will move forward at full capacity to maximize our shareholders' value in 2022, and we wish you the best happy new year."