It has gone to court- Faros have 3 attorneys who m
Post# of 9144
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Posted On: 06/27/2024 12:52:24 PM
It has gone to court- Faros have 3 attorneys who made an appearance -they asked for an extended time to reply and were given to July 5 to reply
nnlx was given extended time to reply to june 24 but I havent seen their reply brief-and getting ahold of these things is not as easy as it use to be before Big brother etc
not completely sure by what you mean as not there- investors use otc exchange to learn about companies-nnlx is still listed there
100's of posts talked about the otc info upgrades etc- last nnlx comm indicated nnlx would be upgrading as per otc- - but some things happened-including what we learned about brets heart attack - i thought he had gone back to work as somebody reported - but once he was incapacitated there was nobody to donate their time to keep the business going bc the company had not yet achieved profitability
true you cant force a response- there are thousands of pink co's and were as high as c 900 no info co's-many of them disappear this way-very few communicate w stockholders as they should
the relatively rapid changes to the otc exchange since 2009 make it harder for the co's who dont have enough money to meet all the new rules etc
and such ceos rarely know the otc exchange as much as they should
the rules have changed over time -and now co's without enough money to get going without stock issuances should seriously re-think their public entrance into the otc -
there are also many growing mutant groups who continuously siphon money off of stock value making it very difficult for co's to raise money- so the game has seriously changed since 2009
to the point where its very difficult for longs to make money- due to the arrogant mutants etc longs are the fall guy which keeps the market going- to help my best friend who dragged me into pennies i read scores of thousands of pages re the penny market and co's disclosures etc-
and could not find an honest way for longs to make money anymore - except find a hidden gem w an actual product and reasonable catalysts etc- there were co's w market price of as high as 20 dollars /share without a product-many co's promised big things but didnt even have a product or the money to create a product
nnlx didnt have the money - they tried many ways to raise money but all seemed to fail to raise enough money
over 90% of startups fail- nnlx at least had a good product and patents- talked about all this before- the world is no longer predictable - covid shut schools etc which were nnlx's potential net moneymaker etc
you increasingly have to be independently wealthy to get such startups going -and if thats the case there is no reason to enter into all the headaches that come w a publicly reporting co nowadays
nnlx was given extended time to reply to june 24 but I havent seen their reply brief-and getting ahold of these things is not as easy as it use to be before Big brother etc
not completely sure by what you mean as not there- investors use otc exchange to learn about companies-nnlx is still listed there
100's of posts talked about the otc info upgrades etc- last nnlx comm indicated nnlx would be upgrading as per otc- - but some things happened-including what we learned about brets heart attack - i thought he had gone back to work as somebody reported - but once he was incapacitated there was nobody to donate their time to keep the business going bc the company had not yet achieved profitability
true you cant force a response- there are thousands of pink co's and were as high as c 900 no info co's-many of them disappear this way-very few communicate w stockholders as they should
the relatively rapid changes to the otc exchange since 2009 make it harder for the co's who dont have enough money to meet all the new rules etc
and such ceos rarely know the otc exchange as much as they should
the rules have changed over time -and now co's without enough money to get going without stock issuances should seriously re-think their public entrance into the otc -
there are also many growing mutant groups who continuously siphon money off of stock value making it very difficult for co's to raise money- so the game has seriously changed since 2009
to the point where its very difficult for longs to make money- due to the arrogant mutants etc longs are the fall guy which keeps the market going- to help my best friend who dragged me into pennies i read scores of thousands of pages re the penny market and co's disclosures etc-
and could not find an honest way for longs to make money anymore - except find a hidden gem w an actual product and reasonable catalysts etc- there were co's w market price of as high as 20 dollars /share without a product-many co's promised big things but didnt even have a product or the money to create a product
nnlx didnt have the money - they tried many ways to raise money but all seemed to fail to raise enough money
over 90% of startups fail- nnlx at least had a good product and patents- talked about all this before- the world is no longer predictable - covid shut schools etc which were nnlx's potential net moneymaker etc
you increasingly have to be independently wealthy to get such startups going -and if thats the case there is no reason to enter into all the headaches that come w a publicly reporting co nowadays
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