The great majority of penny companies fail. That's
Post# of 9122
I STRONGLY believe NNLX will be one of those rare breakouts/successes.
But thats exactly WHY NNLX needs to protect itself against shorters insurance policy- their calling otc and alerting them to a promo to get a ce even when there is no promo- because otc dtc sec brokers etc believe ALL companies should be at least current otc- especially once they transition to revenues.
Shorters dont even have to call otc if otc sec etc itself sees pps rising in a non-current company.
In such, otc believes pps rise is due to a promo,as they personally told me, which they dont allow for non-current companies because they dont feel investors have enough vetted info to make a decision-and feel any such promo / email/ PR etc re progress is a fraud upon investors.
SEC/FBI/DTCC feels the same way.
And its not about NNLX being able to raise funds-though a ce would greatly hamper that - because as they transition to revenues they wont need to raise funds,and its not about us needing financials because financials are largely irrelevant in this situation until substantial revenue.
The company I was in was a rare operational success transitioning to large revenues.Thats why pps was rising substantially as it eventually will do w NNLX- when NNLX's success becomes apparent to a larger crowd.
People have a tendency to reject what they dont understand or have not personally experienced,especially when its such a game like the ce game, but only 1 person openly opposed warning the company of the potential problem.
Besides, majority rule has nothing to do w rightness or accuracy. Before Copernicus everybody thought the sun revolved around the earth,but that didnt make it so.
The majority, including Einstein,opposed quantum mechanics because for decades it seemed incompatible w relativity until the unified field theory was largely validated.
What is the downside to warning the company-nothing.
IF the company understands it, unlike many here who have heard much more explanation than the company has received- the company can spare itself and longs much trouble and eliminate much of the shorter games at the same time.
The company has been warned as a result of my expose.Lets hope they understand more than most here.
Longs ,including myself, couldnt even believe what we were seeing as brokers dtc sec etc joined in the fray,and pps was pushed down to .0001 and then a global chill.
These things had never been seen before but its a common practice now. Due to political mandates by a politician who decided business was evil and had to be stopped the agencies are no longer longs friends,as Cramer has pointed out.
In fact, leaders of shorting cartels publicly say they are SEC informants,and publicly said the reason why they targeted our company was because our company was the only real company in the bunch of non-current companies targeted by others.
In a typical non-current company w no reasonable product or revenues a shorter attack will thus rapidly kill the stock- end of the milking game.
So shorters/mm's/brokers target a company with underlying fundamentals- like NNLX - because they can milk the cow over and over rather than immediately killing it.
Shorting cartel leaders have admitted this. So they and mm's (who reportedly often employ bashers- see the sticky posts- 40,86,117 of Maxs trading tips 101 board) and brokers run it down to their targeted pps and then let it rise to short again.