Novra Technologies Inc V.NVI

Buzz on the Bullboards: Stocks to watch in volatile times.

[Ciao]

"On September 12, 2024 trading of the Company’s shares on the TSX Venture exchange was halted by the exchange. The TSX-V informed the company that they had halted trading in the stock until such

[mlmack66]

To provide additional and current information on this loan. According to MD&A in quarterlies released Friday after the close.

[john378]

You really should consider the obvious and correct answer. If you need a hint it is exactly the same answer to the question of why there won't be anyone coming down your chimney in 4 weeks

[Jonathon Brown]

The TSX hit another record high on strong retail sales data and positive investor sentiment. However, the index quickly fell from grace. read article.

[Ciao]

When you look at the terms of the loan agreement, they are guaranteeing themselves control of the company with >51% interest upon conversion of the shares. It's a 2 year "option" at

[capt1120]

Press release as mentioned by CIAO had no updates on the regulators filings or updates on when it may rellist, No SEDAR filing of the required paperwork for the convertible Note that was mentioned

[savyinvestor333]

Yes I agree but even with todays announcement revs will be less than last year. They have had 2 months to announce either the expected increase of business or maybe the oportunity they saw is gone now

[Ciao]

Management was optimistic weeks ago that trading would have resumed. I reached out again yesterday and have not heard back.

[Jacks10]

any idea when it will start trading again?

[Ciao]

The interest for new investors should be based on the implications of the private investor who has given a very favorable loan to the company.

[savyinvestor333]

Just looking at this company right now.  Wow halted 2 months and even with this new order announcement it looks like revs could be lower this year than last year. Interesting so I will watch this

[Ciao]

Pent up demand for their products appears to be the reason that the  private investor wants a major chunk of the company at a premium. Why they didn't take the opportunity to address the

[PressRelease]

Winnipeg, Manitoba--(Newsfile Corp. - November 26, 2024) - Novra Technologies Inc. (TSXV: NVI) is pleased to announce a series of substantial new orders in the fourth quarter of 2024, marking a strong rebound following a period of weak bookings in the previous three quarters. At the halfway point...read article.

[Ciao]

They definitley are past due in not updating shareholders, doing so in the Q3 makes sense, I guess we waited 2 months plus, what's another week or so. Possible takeout by the private investor who

[mlmack66]

The company should release Q3 earnings and update us on the halt status at that time. Bids/asks are irrelevant now, eventually that halt will be lifted. I suspect the loan is being revised to satisfy

[capt1120]

I can't see it being the financial strength of the lender as they are more than likely an exempt investor with assets of over 5 million, I know we are all spit balling at this situation, like one