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Im just going to set a GTC sell order for 0006 and forget about it. one of these days prior to another pr it will get there. i only have a million shares so its not like its gonna break me if it doesnt. to bad gmci is fizzling out also. it appears to be a general down day for a lot of stocks.
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quote:Originally posted by JIF: I'm holding. I'm holding to at least .0006. We'll see that bounce soon I think.
Honestly, I don't see any reason to get out at .0004 if that's where your pps avg. is.
This think bounces around enough that you should be able to make 15% minimum.
JIF until last week NEXH didn't even have a bid/ask since 1st quarter of 2005. This does not bounce around a lot and once all attention dies the price will be back to .0001, just my opinion. I have a sell in at my avg. because I have lost faith in this company.
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According to my chart, we've touched .0006 at least 4 times this last trading week. I'm not saying those sell orders will always fill. All I'm saying is, why would I sell this minute for .0004 when I know we've touched .0006 already 4 times in the last 5 trading days?
I'm holding until at least .0006 hits again.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by Tensaiforlife: Anyone think this stock will be able to hit .0004 again? this stock looks like it keeps going down.
Not in the very near future but maybe within a few weeks, who knows... but if or when it does i recommend selling ASAP.. the more research i do on Surber, the less i trust him.. like i said i put a GTC sell and wait and see, dont have time to babysit these things everyday.. It doesnt appear that any co. ran by this man makes any money, it makes just enough to pay his salary but everyone else seems to get screwed.
my opinion, take it any way you like.
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quote:Originally posted by rdo37: I checked up on nexh this morning on quicken, and it says they have changed their symbol to NEXHE Anybody still in this thing?
posted
I am still in.It could be worse it could of R/S so an "E" isn't the worse thing it just means they were late in reporting.I am sure a R/S isn't far off.
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If it does a R/S what happens to my shares? Sorry im new to all of this?
-------------------- "...Luck isn't some mystical energy that ****** around the universe randomly bestowing people with satisfaction and joy. You create your own luck"
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Well it will most likely fall to .0001 before it R/S. And then do something like a 2000:1 R/S. Meaning if you have 100,000 shares at .0001 before the split you would have 50 shares at .20. No value change initially. However what happens with these stocks that are known for numerous R/S is that it will slowly dwindle back down to .0001 again. So your value or wealth in the company goes down with it.
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B/A .0001 - .0002 still holdig.Not worth it to get out yet,probably will be @.0001 EOD and hang out there for a while then before we know it BANG another reverse split.
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What a POS this is but i didnt expect it to be any different than other sub-pennies. i just figured, when i bought, that it had one more day in the run. oh well, ill just let my sell order set in case it ever gets to 0005 again. if not, just chalk it up as another lesson learned in the otcbb market.
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posted
Nexia Signs Agreement to Acquire Axis Labs, Inc. Tuesday August 30, 8:00 am ET
SALT LAKE CITY, Aug. 30, 2005 (PRIMEZONE) -- Nexia Holdings, Inc. (OTC BB:NEXHE.OB - News) announced today that it has signed a Definitive Acquisition Agreement to acquire a 100% interest in Axis Labs, Inc. in exchange for 165,000 shares of Nexia's Class C Preferred Stock. ADVERTISEMENT
Axis Labs is a research, development and manufacturing start up whose focus is the development of Molecular Imprinted Polymers (MIPs) for various commercial applications. Axis is currently in the process of developing MIPs applications for use as removal process of BigDye Terminators(r) in DNA sequencing that will save the industry several steps and many dollars, removal of arsenic from drinking water for large scale water treatment plants, as well as point of use applications and a saliva based illegal drug test which will provide ``real time'' detection of the presence of illegal substances.
Nexia's CEO Richard Surber commented, ``We are assembling all of the necessary elements to build substantial value for Nexia and its shareholders. The planned acquisition of Axis Labs, Inc., the recent signing of an Investment Agreement for an equity line of credit up to U.S. $10 million with Dutchess coupled with our existing real estate portfolio could be a three pronged recipe for success. I will be focusing my energies over the next month on completing the necessary financing documents with outside counsel. I am optimistic that Nexia will not only be able to provide the necessary financial foundation to assist Axis in executing its impressive business model but will also be able to obtain the necessary capital resources to grow its real estate portfolio.''
The Axis team has already filed for provisional patent protection on one of its targeted technologies and has numerous patent disclosures prepared for filing as time and resources permit.
The market has demanded of Axis the development of its current targeted technologies. Relationships are being cultivated to expand the market beyond the relationships in place with companies seeking solutions to their water remediation needs for arsenic, the removal of BigDye Terminators(r) in the genetic sequencing process and the need for real time saliva/oral drug tests for drugs of abuse.
Dr. Glen Southard, Ph.D., Director of Research and Development for Axis, commented that, ``Advances in molecular imprinting, coupled with powerful new concepts in polymer science have enabled MIPS to enter the real world in more than niche applications. MIPs have the potential for enhancing the lives of vast numbers of people by dramatically improving drinking water quality in areas with profound problems.''
Axis' CEO James Harward commented that, ``Nexia's acquisition of Axis will be the first step in bringing Axis' technology to market. Nexia will play a key role in funding the development of Axis' MIPs technology.''
Kent Johnson Director of Marketing and Sales noted that, ``SEQuester(tm), the patented star product in this new generation of super filters, is intended for the genomics market of automated DNA sequencing laboratories. The product offers sizeable labor savings in the processing of DNA samples and fully enables robotic sequencers. We have discussed tentative agreements for brand alliances and manufacturing through well known distribution channels in the DNA products industry, an overall market worth an estimated U.S. $4 billion.''
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for December 31, 2004 and Form 10-QSB for March 30, 2005. Nexia's disclosures can be viewed at http://www.sec.gov. This press release is not a solicitation to buy or sell any securities. Nexia strongly encourages investors not to invest any monies which they cannot afford to lose. Nexia is a high-risk security known as a penny stock.
Contact: Nexia Holdings, Inc. Richard Surber, President (801) 575-8073 Fax: 801-575-8092 email hudconsult@aol.com
-------------------------------------------------------------------------------- Source: Nexia Holdings, Inc.
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