yes ,we have visited this stock issue of bashers c
Post# of 9122
since the answers were always ignored i will repeat ;
most pennies dont even have a product,thus most have no revenue,let alone net income. Thats why the pps on pennies is in the pennies not hundreds of dollars- not 50000 times higher!!!! you cant get a company with large net income for 2c pps!!! it would be insane .
this other co lrdr has a higher pps than nnlx presently- as near as i can tell it doesnt have a product ,has no income,has negative 484 k retained income(losses since inception), just one person holds all the offices, t LRDR issued 3.4 billion shares at a a pps of .0001 "During the quarter ended May 31, 2018, " and yet it is being promoted for months by a private group which does this on 1 empty stock after another
that private group thus gets rich on their promotions while everybody else loses and such private promotions often cause otc to slap a ce on a stock when a co has nothing to do w the promo
this other co" Capital Stock Issued
During the quarter ended May 31, 2018, the Company issued 3,400,000,000 shares of common stock of which 1,342,500,000 shares were issued for repayment of related party debt totaling $13,425 and 2,057,500,000 shares were issued for consulting services totaling $20,575.
https://backend.otcmarkets.com/otcapi/company...07/content
NNLX is trying to avoid the usual toxic financing that destroys so many pennies-to avoid such toxic dilution nnlx has cut expenses to the bone while substantially increasing revenue w their patented product- few companies at 2c pps have a patented product!!!!
the flat pack patent w capitilized costs of millions of dollars alone exceeds the pps -at ca 147 m shares -NOT 5B shares.
what we do know from last financials is they were growing income over 400% /year -funny bashers NEVER mention that
and from updates we know orders for the product keep getting larger and income is growing -bashers NEVER mention that
would you rather have growing income w a patented product up for sale of possibly 15M in eu alone or licensing etc and only ca 147 M shares like NNLX w multiple b/d that is approaching net income -if they havent reached it already
or over 5B shares,no product,no income and only 1 person running the whole non show???????
raise your hands -would anybody prefer the latter? if bashers would then go haunt those stocks
i've seen co's brag they would have an income of millions/year when they dont even have a product
and an otcqb co w only 5k assets against 50M in debt-how does that even happen???!!!
this is the pool nnlx is competing against at this pps!!!!