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Stark Novus Financial Inc. NRDE

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1.80 USD 0.00 (+0.00%)

At closeSep 2, 2026, 4:00 PM EDT

1.66 Day range 1.85
1.20 52-week range 2.49
YTD
+24.14%
1 year
+27.66%

Discussion (22)

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Ed Wimberly NRDE 1 year ago #21

It is difficult for me to make sense of the fact that this stock is still hovering at its low point for over a year. This is why I believe eventually, it will pay off big time: in addition to a rather poultry $87 millionin cash, the company also owns some 1.8 billion dollars in tax exemptions that are sellable to any company who needs the tax write off. My understanding is that tax credits usually sell on average for $.50 on the dollar if this is true for NRDE then eventually those tax credits will be worth around $1 billion. That, in spite of the outcome of the suit against fox con.
Do the math. 16, million shares sharing around $1 billion in sales on there tax exemptions would come to around.$62 per share.
Call me a dreamer if you’d like, but I do believe once the fox con suit is settled in addition to whatever money they receive from that they will also have 1.8 b1 billion in tax credits to sell