Still No Answer - UpdatedAdding a few points....
Before I invest a few questions... - what's up with the Hindenburg piece. They are solid so is their piece fake news?
- also, what about the recent Seeking Alpha story NEXCF Continue to Underdeliver ?? posted below
The company’s Q1 2022 revenues slumped by 54.9% year-on-year to $2.7 million, and cash used in operating activities was $4.2 million.
Cash and cash equivalent were $8.2 million at the end of March, and I think it’s likely that more stock dilution is coming before the end of 2022.
However, the market valuation of NexTech has doubled over the past month, and it seems unlikely the reason for this is a short squeeze.
In my view, this could be a good time to open a small short position and the short borrow fee rate is 16.17%.
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- It's all good that Mr Evan hyper-promotes and spends so much time on bulleting boards, EXCEPT: when does that leave time for actually being a ceo? Also, I agree that it's good to promote EXCEPT the promo is never facts, just promises and what is to come which never does. Nasdaq anyone? C'mon...
- Discord says too many paid promoters and thoght police gatekeepers like Sci, Smiley (aka Mr. Sour and Mr. Manipulator on Discord) . The happier the false name the darker the soul. Back to Gulag for you! :-)
- I disagree with Discord and Specialized Shorts chat room that ceo self- dealing is illegal in Canada. In US, yes only if excessive. It's just slimy. Check out the related party tx notes when financials release soon. It's an open book.
- Too low volume of a penny anty stock to short - I disagree with SA story. Not enough volume to trade upwards either.
- I agree that lack of IP ownership seals the fate of nexcf
also, .....
- why is CEO dumping shares? He buys one week then next month sells?
- Is this a vacuum company or pet store? C'mon...
- financials show ntar is insolvent TODAY!
- false promises of Nasdaq? Dilution imminent? Downlisted? Was this due to 4 whistlblowers to SEC?
- very sketchy is what they say on Discord
- 100 promo videos a week? Is there time for ceo to go to the washroom?
- This is HUGE: The death blow.... even if 3d is true, ntar holds "zero" IP -- no customer company wants to buy from ntar UNLESS ntar owns its own IP! Simply too risky for a LargeCo customer as it may be asked to remove ntar's 3d app due to infringement or frivolous lawsuit
- trend of horrible financials
- Is Yahoo! BB a boileroom? Is this?
Newbies, this is a hype machine shell company. Mr Evan just woke up one day selling vacuums and fish food and said "wait, I just throw in some tech buzz words, make up a story with promises, and voila! Mr. Market won't permit this.
Have a wonderful sunny day everyone!
Constantine