posted
NGXL, has an o/s of only 7m shares and a float of only 4m shares! Company is about to announce $1m+ revenues for third quarter. The company is also very soon going to announce the move from the "pinks" to the otcbb. Both these events, which WILL happen, will easily propel this stock to between .80c and $1.20. Company has no convertible debentures and WILL be profitable in 07. Stock is currently oversold and at its bottom. News will be released no later than next week. Company is growing extremely rapidly. Company issued a 10% stock dividend very recently. Company is super clean and forthcoming unlike most other pennies. Very good and relatively safe entry at this point.
Do your DD and see!
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Posts: 1 | Registered: Sep 2006
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