Nexus Energy Services Inc (PK) (IBGR) News

Or they needed it for a cold cut on wheat

Cheapskates who sell for crappy food money, lol.

Which one of you BEARS needed gas money for your lawnmower? $10.53 sell🤣 Comical to say the least😂 DRYWORLD LONG💰

Yep

Hilarious.

Link it then.

Well when it/if it does happen you will still find a way to attack them for being longer than it should have been. You simply should have said the only DD you do is review and analyze what the company publicly puts out…which is fair, but basic. Imo

Unless one wants to claim that the other parties involved in performing the audit then again, simple research doing some digging and you can get answers. It’s just whether one wants to believe what they find. Imo

Due diligence shows that there is indeed an audit.

You just need to know where and how to research it.

Oh, please. They've been waving the "We're doing an audit" schtick for over 4 years now and have nothing to show for it. And they've explicitly announced on at least two occasions that money raised from dilution events was to be used to pay for an audit. Originally, it was "We can't do an audit because we need 2 years of financials". That boat has sailed long ago. And let's not forget the "We just need to complete an inventory" excuse why the audit wasn't completed. That was almost a year ago. So yes, they are liars. You need only revue their PRs over the last 4+ years to document it. One look at the financials and the pathetic revenue will tell you why there is no audit. There's no money. It's that simple.

Have you done any research to support your claim that there is no audit and it’s all a lie? So many people want everything handed to them on a silver platter, it’s less than 15 minutes to get some basic answers. Imo

There is no audit. They can't afford it. They lied about selling shares to finance it and it's not the first time they've done so.

“Maybe Dryworld is timing audit and big news to hit at the same moment to maximize the short squeeze” ….

I love that quote in your post, and that would be awesome if that is what they’re attempting to do.

Whatever it takes to increase interest and buying.

-Audit completed which will lead to ticker change and OTCQ? listing.
-Signed big kit deal(s)
-Merger or Partnership with a larger company
-Buyout by another company

I believe, as many do, that a short squeeze would cause a huge buying demand and increase the share price significantly. Maybe Dryworld is timing audit and big news to hit at the same moment to maximize the short squeeze.

Also a forward split would cause all shares owned to be accounted for. Doesn’t have to be a 2:1 split, could be just an 11:10 forward split. Then MM’s would have to give out more shares to holders and report all the shares to the SEC and show how many shares are out there. Imagine if there were 100,000,000 shares that over the last 10 years (or even the last 5) MM’s have sold on IBGR and not covered. A 2:1 split would force them to give another 100,000,000 shares out to all the holders of those shares and also declare their number of shares issued. It is possible that there are multiple times that in shares shorted over the last decade. MM’s win this game when a ticker goes to zero, and or reverse splits 1:1000 or 1:10,000. They never have to cover shorts

That is what we are all speculating may happen here. It is just taking a long time to show if it all will pan out.
JMHO

Yes, volume is key to force the MM's hand. Otherwise, they will continue trading shares they don't have. 

So how does the aforementioned pattern get broken? It would seem like they need massive buying.

Yep, couldn’t have said it better myself.

MM’s don’t want the share price to rise, their algorithms eat up small buys under the ask. There is absolutely no selling at these price levels, so any buying has to be met with MM’s selling shares that don’t exist. For a stock with no selling and more buying, you would expect the share price to rise (simple supply and demand), but they skew the time proven fact of S&D, by falsely creating more supply to dampen the demand. They put up 1 million shares as a wall to convince everybody that IBGR is stuck and will never break through (.0095) to deter buying, and double down on that by selling below that line.

Don’t worry, it’s all above board. Lol

And every time I’ve bought at the ask ….

It always fills below the ask.
Pretty much every single time.

Yeah, no manipulation going on here. Just look at the nice paint down at close. And the previous day multiple small trades into the bid. Lol

There are not large short sellers, there are Market Makers who take advantage of loopholes and lack of regulation to tip the scales incredibly in their favor. No one is targeting IBGR, IBGR is just getting the usual treatment by MM’s. We call it short selling for a lack of a better term. You could call it “targeted” or “systematic” dilution if you prefer. Selling shares that are not owned is what short selling is, but in this case MM’s do not borrow shares like retail shorting, the just MAKE them up; it’s right in their name Market “Maker”. It is also coincidentally the guise of why they are allowed to do it.

If you want to think there are large short sellers here fine by me.

Y'all believe all kinds of fairy tales anyway.

Hilarious.

My point was this part of the article quoted from the article

“That said, we agree with the New York Stock Exchange and National Investor Relations Institute that there is a serious gap in the regulation of short sellers related to their disclosure obligations. We understand that well-functioning markets rely on transparency, so powerful players should not be allowed to hide in the shadows. Since we require large investors, who accumulate long positions, to publicly disclose their holdings, why aren’t there disclosure obligations for large short sellers?”

DRYWORLD up over 20% today folks!! Haters/Bashers proceed with jealousy.😎💰

"Unaudited reports are fictitious and at best suggestive"

And that is precisely what IBGR reports to the OTC Markets Group.

Fictitious garbage.

Where's the oft promised audited financials? Name change? Symbol change?

All these years later and it's still Nexus Energy slinging Illegal Burgers 😂

The only way to check for short interest is exactly what the article said, via the data reported by FINRA.

OTC Pink MM short interest reporting is VOLUNTARY!!! In 2009 MM’s won the lawsuit they filed against the SEC when the SEC came out with the 13-day OTC cover or declare your short position rule. Non-SEC reporting companies, much like the financials as you always point out, is whatever parties involved want it to be. Unaudited reports are fictitious and at best suggestive. Compliance is voluntary with OTC Pink management as far as reporting is concerned.

Thanks for sharing. It still leaves question of how retail ever really knows what is short if MMs are not transparent on their short interest?

There is not enough buying volume (even if you assume that MM’s are buying at all) to cover shares that MM’s sold to “Make the Market”.

1) OTC Pink MM’s are on a voluntary basis for reporting their short interest, the daily short trading is reported by transaction, but no one (especially the SEC) pays attention to the accumulative effect.

2) Why would OTC Pink MM’s ever buy back shares that they shorted? They can short any stock to zero with infinite share selling since 99% of pinkies need to be able to sell shares just to stay alive. If they drive the share price down with infinite share selling, they starve the company, and the company has to go out of business and abandoned the ticker.

3) When MM’s short a stock, they take the money from the sale and keep it. With the money only tied to the opening of a transaction, with no “covering” which would close the transaction, they don’t even EVER have to pay taxes on the gain. So just imagine all the defunct tickers that have billions and billions of shares that MM’s sold short that will never have a buyer again just moldering away while MM just keep the money tax free forever.

4) No matter how much traders, flipper, or investors get a stock on the OTC to run, the MM’s in 99%+ of cases, have the patience and resources to wait out the run and/or buy some shares back on a minisqueeze just to reshort the ticker again when the run peaks at much higher prices.

5) I believe that Dryworld is one of the companies that can break this pattern, but we need the audit first and foremost so we can be SEC reporting, then we need that to make the ticker change possible. At the same time, or soon after we need some real kit deals with real revenue, which would be a good time to maybe do a forward split to force MM’s to show their hands in terms of shares out there, or else to have to pony up shares to all the holders of shares they sold shares to. For example: do a 2:1 forward split so every share owned is now 2 shares. That would cause all the shares to be accounted for and MM’s to have to double the number of short shares the have out there. This would best be done at a time of share price strength to have the biggest impact. Remember there are only currently 244 million actual shares in the public float. I have a good faith estimate that many or most are accounted for. That means that of the tens of millions of shares bought in the last few months, there is no way that they are all shares sold by retail owners. They are shorted shares sold by MM’s. I think all the things we are ticked off about from Dryworld actually will help out in the long run because they really do make them look like a typical OTC company selling discounted notes and diluting the share structure. But remember we started with a ridiculously low share count 5 years ago, without a reverse split in about 12 years (which means all short shares over the past 12 years are still 100% vulnerable, not RS’d at a 1:10,000 ratio). What that means is Dryworld Reverse Mergered into IBGR probably looking at the share structure compared to others and realizing that at some point they had a built in short squeeze. JMHO

Short volume is meaningless. It's merely market makers doing exactly that.

This detailed explanation is from the CEO of the OTC Markets Group, which reports short volume.

https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/

So just to be clear. Hypothetically, If there was 1 million shares traded today and the short volume was 650k, you are actually saying that the 650k is bought back and covered and when covered they never show in the daily volume ever? Just trying to understand why you are saying.

Correct.

Look at the history at what the short volume has been as a percentage of the total volume since February 25.. then explain how they are covering all the shares. Thanks

Short covering is not reported because it would double the reported volume giving a false impression. Those shorts you keep looking at are very short term and are done to make market.

Simple google search.

Short interest vs. short volume:
While related, short interest is a snapshot of the total number of short positions outstanding, while short volume represents the number of trades where shares were sold short within a specific period.

So, if the short volume is more than 50% of the total volume, how are they all being covered? Serious question. And curious on your thoughts.

If you cannot comprehend the difference between short volume and short interest - you're a promoter of garbage scams.

This is just 10 days worth of shorting, and there has been massive shorting of IBGR since October 2024. If you can’t COMPREHEND that, then I don’t know what to tell you. DRYWORLD LONG💰💰💰💰

Yea because they got their asses handed to them shorting from .70 to sub penny as well. Cmon Van Halen lol

Deferred Salaries don’t get paid unless they make Dryworld work. I guess they could take shares for the amount owed, but again they could not sell them anytime soon, so I’m pretty sure they want Dryworld to succeed long term either way. JMHO

I imagine 450k is the 3 salaries of Matt, Brian and Barrett, and then there is Michael hill and others. Imo

I suspect the "consultants" are actually family members of Matt and Brian. Imagine what would happen if they spent the $800K/year on an actual marketing campaign instead of the black hole that is "consultants".

The "consultants" are in full swing again.

Millions of shares have been shorted with IBGR, and those shorters are about to get their asses handed to them. Watch and learn. DRYWORLD LONG😎💰

Ummm, sellers have been throwing million share blocks on the ask one after another for the last couple of weeks. So saying there's no sellers at this level isn't exactly accurate.

They wanted to desperately take her down, but there’s hardly any sellers at these levels! DRYWORLD LONG😎💰

Looks like they want to load up now! We’re close to a MEGA RUN here folks!!

Indeed

He is a great addition to the team ….

One of the best things to ever happen for Dryworld.

was to hire him and succeed in doing so, which they certainly did.

Hand might just be holding his hand close to his chest...

The man with the plan😎Good times ahead Dryworld longs!!



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