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NEXTELIGENT HOLDINGS INC - NXGT STOCK NEWS

Welcome to our dedicated page for NEXTELIGENT HOLDINGS news (Ticker: NXGT), a resource for investors and traders seeking the latest updates and insights on NEXTELIGENT HOLDINGS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEXTELIGENT HOLDINGS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEXTELIGENT HOLDINGS's position in the market.

Rhea-AI Summary

Nexteligent Holdings (OTC:NXGT) has announced a stock buy-back program worth $100,000 to $1,000,000 starting in September 2021. The company is also focusing on strengthening its brand and has plans to acquire three firms before the end of 2021, targeting a total revenue of $100 million from future acquisitions in 2022. Additionally, Nexteligent has retained M&A advisory services and a PCAOB auditor for its OTCQX uplisting preparations. CEO Paul Cristiano emphasizes the commitment to enhancing shareholder value through these initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
48.23%
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Rhea-AI Summary

Nexteligent Holdings, Inc. (OTC: NXGT) has successfully submitted its Quarterly filing for June 30, 2021, to maintain compliance with OTCMarkets.com. This filing ensures continued transparency and adherence to regulatory requirements. Nexteligent specializes in professional services for the healthcare sector, offering solutions in business process optimization, financial management, and revenue cycle management. The company focuses on acquiring small-to-medium businesses in the healthcare field to enhance their operational capabilities and growth potential.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.87%
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Rhea-AI Summary

Nexteligent Holdings (OTC:NXGT) has appointed MahoneySabol & Company, LLP as its auditor to facilitate its forthcoming uplisting to OTCQX, the top tier of OTC Markets, which is known for its enhanced liquidity and information quality. CEO Paul Cristiano highlighted the company's commitment to building a strong brand while executing its acquisition growth strategy, supported by Corporate Finance Associates Worldwide for M&A advisory. This strategic move is aimed at delivering value to investors and improving the Nexteligent brand.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
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none
Rhea-AI Summary

Nexteligent Holdings (OTC: NXGT) has engaged Corporate Finance Associates Worldwide to assist in its acquisition strategy. CEO Paul Cristiano emphasized their commitment to growth through strategic acquisitions in the healthcare sector. Nexteligent focuses on optimizing business processes and providing financial management solutions for healthcare companies, including revenue cycle management and telemedicine services. The partnership with CFAW is expected to enhance their capabilities in identifying and integrating small to medium-sized healthcare firms.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
42.22%
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none
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Rhea-AI Summary

Nexteligent Holdings, Inc. (OTC:NXGT) has announced a significant increase in its revenue cycle management business projections, tripling its first quarter 2021 estimates. Professional Revenue Management Services (PRMS), acquired in November 2020, boosted year-end revenue expectations from $684,000 to over $2,000,000 due to new contracts. The company anticipates that fully annualized revenue will exceed $3,500,000 by 2022. This strategy aligns with Nexteligent's goal to enhance revenue streams and optimize services for healthcare clients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
227.59%
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none

FAQ

What is the current stock price of NEXTELIGENT HOLDINGS (NXGT)?

The current stock price of NEXTELIGENT HOLDINGS (NXGT) is $0.0131 as of April 16, 2024.

What is the market cap of NEXTELIGENT HOLDINGS (NXGT)?

The market cap of NEXTELIGENT HOLDINGS (NXGT) is approximately 1.5M.

NEXTELIGENT HOLDINGS INC

OTC:NXGT

NXGT Rankings

NXGT Stock Data

1.47M
121.27M
0.09%
Medical Care Facilities
Healthcare
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United States of America
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