as a practical matter NNLX may want to upgrade at least to
as a practical matter NNLX may want to upgrade at least to current otc class BEFORE reporting large revenues
otc does not allow promos unless co has current classification
PRs re revenue could be considered a promo if pps rises rapidly and thus result in a ce slap
shorting cartels are well organized and have a huge bag of tricks
E.g in another ''no info'' stock I was in the co operations grew very rapidly and suddenly had a large amount of inventory,so they Pr'd expected large revenue
whether due to that or not pps was rising rapidly -gapping up every day
shorters were getting burned so they called otc and told otc the co was running a large newsletter promotion.
so otc slapped the dreaded ce on the stock.
there was no newsletter promo or promo of any type other than the PR then nor afterwards.
I personally called otc -they told me they had been alerted re a promo
so they said they looked at the charts-saw pps rising rapidly -which doesnt usually occur without a promo-and slapped the old ce
since they are a for profit co getting ca now 50% of their revenue from these co's filings, they have no motive to do anymore investigation than that
there never was any promo at that time nor afterwards yet the ce remains years later due to more manipulation by forces hostile to these pennies
then brokers take advantage of the ce to restrict the stock -greenlighted by agencies -in violation of their constitutional mandate- to destroy these pennies due to a high level politician who decided business was evil and had to be stopped -personally saw the sympathetic tv doc-and thus ordered agencies ca fall of 2009 -who greenlighted non agencies like otc and brokers to do their thing w impunity -so brokers then prohibit buying while shorting our stock in margin accounts in blatant violation of their fiduciary duty and w shorters help push pps to .0001
this is just a small portion of shorters bag of tricks-see.e.g MaxShockers trading tips 101 board posts 40 86 117,and posts 71-75 here
shorters already know all these things, so longs and the companies need to wake up to their bag of tricks so they can act accordingly
if NNLX is still sitting at ''no info'' class when they 1st report substantial revenues, they may experience this
since they are a public co they need to be aware of these things for their and our protection so those who have the ear of NNLX should forward this to them so they can use this in their planning- einstein would forget to eat if somebody didnt bring him food
shorters target NNLX because they know there is a small captive audience of longs and the investor pool will not grow without upgrading classification or reporting large revenue-w the inherent dangers noted above at this class
so they use their attrition tactics and soften the battlefield via an artillery barrage of lies- knowing human nature -that if one believes even 1 lie they have an open door and can push that investor or potential investor out the door and even capture said investor to join them -seen it many many times
Nanologix Inc (NNLX) Stock Research Links
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