shares dumping with Fake and Fluff pr's.
Totally a Scam. Only 1 employee!
It has Never generated any revenue for years!!!
Only the 1 employee releases fluff pr's to dump his worthless shares.
Always, and all.
Be very careful. NTXD has a long history of pump and dump. It's totally a Fraud.
Pumped Again in order to Dump. New bagholders are created.
This company has been a pump and dump history!
Be very careful.
It'll be shut down in the end as all its operations have been stopped and it can't continue.
The market price for molybdenum oxide decreased significantly from approximately $11 per pound during 2013 and 2014 to approximately $5 per pound by the fourth quarter of 2015. During 2015 oil and gas commodity prices have also remained at depressed levels which has significantly impacted the Company's oil and gas segment and has resulted in an erosion of the Company's liquidity whereby operating cash flow may not be sufficient to fund the ongoing annual expenses of the Project indefinitely.
In light of the deteriorating market for molybdenum and the considerable ongoing costs related to the Project, during 2015 the Company began to consider the viability of alternative structures to the development of the Project that could result in a sharing or elimination of the ongoing costs and liabilities of the Project.
In a meeting of the Company's Board of Directors on February 5, 2016, the decision was made to change from a long-term development strategy for the Project to the authorization to negotiate a disposal of the Project, which triggered an evaluation for impairment of the net carrying value. Accordingly, the Company expects to record an aggregate impairment charge of approximately $22.8 million in the fourth quarter of 2015.
and the stock will be deleted soon!!!
will be dismissed! So the stock will be Deleted.
TOLD YA So! NXTD has been a Pump and Dump historically.
Some bagholders must have lost big money as they didn't listen, LOL!!!!!!!!!!!!!!!!!!!
they're dumping. USEG is finished: All top managements and accounting firm have left with good money. The company was closed.
Sooner, the stock will be Deleted !!!
Horsehead, which is based in Robinson, filed Feb. 2 for voluntary Chapter 11 bankruptcy. It listed about $420.6 million in secured and unsecured obligations, including $27.1 million in a credit facility from Australian-based Macquarie Group Ltd. plus $205 million in 10.5 percent secured notes and $100 million in 3.8 percent convertible notes. Macquarie has filed a request with the bankruptcy court for more protection of its interests, but last week declined to comment further about its position.
and the company will be shut down soon, as well.
will be Cancelled and Wiped out soon as in BK.
They might not have filed bk IF they had just waited for a while. But, they did. Reverse BK? who knows.
how those who bought at dollars are feeling now.
Huge issues and problems!!!
Go visit its website, it says: this site is under construction. LOL! The company was shut down!
will be Deleted.
All of the USEG top Officers left the company with severance package !
CEO got $550,000 ,
CFO got $110,000
Principal accoutning officer got $110,000
They pocketed good money to run away and left the company Crying.
This mean USEG has got Huge problems! Bankruptcy any time as the company was shut down!!! With $57 million LOSS and $13 Million Debts!
Pump to Dump their worthless shares to the new bagholders!!!