it means nothing until this company delivers earnings.
So far they have claimed contracts which have not materialised, booked revenue which has not materialised and booked profits which have been written off.
Even worse, it appears to have entered into a transaction with related entities which may (or perhaps not) have been the source of the claimed cash receipts they announced to the market over the past 8 months.
Everything I see these guys do tells me theyre all just confidence tricks. It all seems so superficial until they actually deliver something.
SELL this dog.
NBS Price at posting:
15.0¢ Sentiment: Sell Disclosure: Not Held