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thanks for providing that information dont know

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Post# of 9144
(Total Views: 472)
Posted On: 05/03/2024 8:51:03 AM
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Posted By: microcaps
Re: erickarther #9063
thanks for providing that information

dont know why direct action instead of class action- which requires one stockholder be listed as the public face of the class-perhaps none have volunteered-as I've said I've fought legal etc battles nobody else would or could bc almost everybody quickly gives up- a microwave generation - so I applaud him for his effort- stockholder suits are usually class action-at least ones I've seen

as I skimmed his complaint apparently not yet filed -at least version shown I got the feeling it was the longest argument for standing I had seen
admitting to buying his stock after the damage was done could hurt standing

in this world nobody provides info unless compelled to do so- called discovery
Respondents are usually afforded 20 days to make their initial response

I've never seen this approach before nor the transition of a new co company-esp under a lawsuit

many of the things he asks may be beyond what a judge can require - but its all up to the judge under todays activist model- thats why such vicious congressional fights occur re appointment of new supreme court justices-every justice can prove something different -just like 100 witnesses to the same event can have 100 different opinions

broker wants 5 million to take under his care?!
nnlx stockholders get 25% - how does broker sale of 5m equity guarantee same stock price for nnlx holders- like an ipo pps could crash esp if holders jump on the chance to sell-only looked at briefly-assuming anybody would actually pay high pps to buy new co stock

broker gets 15%? where is the other 60% of stock - broker requires a deadline of 90 days? unlikely- but I've only skimmed doc once so far

one question respondent will probably mention-why has otcm finra and sec not taken up these questions with NNLX-esp when those organizations have been hostile to low penny stocks at least since 2009

would like to know more definitively why there was no nnlx follow through to big PR re things nnlx and superlawyer brother were going to do-which was the last definitive missive we 've seen from NNLX

brets heart attack would be one reason but must be more- can guess but dont know- I have never spoken to any NNLX officers or directors or employees

things usually come down to one thing as Billy Boy once famously said- money money money- a sad side effect to a fallen species

that fraudulent roving promotional group years ago destroyed much of NNLX's ability to raise money via stock issuance-and that ability is the raison d etre for going public and dealing w the non-stop headaches of going public-many companies are destroyed once that occurs - but nnlx employed every method seemingly possible to raise money- was he obstinate as some want me to say-cant say - never met nor talked with him
people usualy have no idea what small penny ceo 's have to go through to get to the point of net revenue esp under the hostile current low penny otc stock climate


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