Natl Healthcare Logistics (NHLG)

$NHLG Two months later, we are dark and on the expert market. Sad. I wonder what is actually wrong with this one. Even with the 275 million "discovered" shares, the OS is still only about 300mil. That's nothing. There's probably bad dirt that isn't being reported, otherwise you'd think this would be a great shell for any enterprising company to have a reverse merger with.

$NHLG Just dropping in to peek here after a long time. Company appears to finally be delinquent. The Q3 2024 hasn't been filed and there has been no word. It was due mid November. The annual is now soon due and I imagine they'll probably not complete that also. The end may have finally arrived and dark we go.

$NHLG My assertion proved wrong. Mr. Igwealor continues to loan the company money to stay afloat. It has not gone dark and remains pink current. A look at the latest financials shows that nothing has changed. They still intend to acquire a mid-sized assisted living facility in California. I wonder what's taking so long.

$NHLG Well, it's dead. Sucks for those of us holding. Company is dead in the water. A look at the latest financials demonstrates that they now have the barest fraction of cash left, no means of raising capital (no volume, no interest), and they've broken support under a penny a while ago. They have nothing to acquire any assets with, and the CEO has no interest/capability to improve things. This will likely now go dark and lose it's pink current status in the next quarter, as there are no funds to pay an auditor. Perhaps the far future will bring us fortune.

$NHLG As usual, the latest filing is confusing, with all sorts of conflicting information. At the top of the document is a claim that there remains only 25 million shares in the OS. OTC Markets claims the AS is 100,000,000. However, the balance sheet declares that the AS is 1,000,000,000, and that the OS is still 25 mil. Still no word on the progress of adding back in those 177mil discovered shares that Frank wrote about nearly a year ago. It's good that the company is now "operating" and seeking to acquire assets, even if those assets are very tiny to begin with. Having ANY assets is good, even if they'll dilute the stock to acquire them.

$NHLG Looks like someone posted elsewhere that a new filing dropped on OTCM? Includes something about Frank running this as a holding company and they already acquired a business doing a 1/4 mil a year in revenue. Also states it's no longer a shell. Looks promising!

$NHLG What's up with the volume today?

$NHLG Still here. Even with 177 mil OS, this is a reasonably low float stock. It can move if the owner can actually line up some customers looking for a merger. You know, dream dream dream.