Nxt-id Inc Com (NASDAQ:NXTD)

CAPS Rating: 1 out of 5 3.60

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All Players

9 Outperform
65 Underperform
 

All-Star Players

0 Outperform
50 Underperform
 

Wall Street

1 Outperform
0 Underperform
 

Top NXTD Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

GDavenport (< 20)
Submitted August 26, 2017

This company has finally started issuing consumer credit card emulators in quantity. The sales of those units will stay showing through to the bottom line, giving us the first indications of the potential for this interim solution. I picked up shares… More

TerryHogan (99.97)
Submitted September 26, 2018

I don't like betting against something with such a small market cap, as 1 contract could double the company's size. But this thing has been a dog for so long, it can't even howl at the moon.

NXTD VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from players about NXTD.

Recs

0
Member Avatar Bigsef77 (68.01) Submitted: 1/15/2019 1:37:24 PM : Outperform Start Price: $1.50 NXTD Score: -17.95

NXT-ID Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing
[PR Newswire]
PR Newswire•January 15, 2019

SEBASTIAN, Florida, January 15, 2019 /PRNewswire/ --

NXT-ID, Inc. (NASDAQ: NXTD) (the "Company") today announced the signing of a Letter of Intent ("LOI") for a new $16.5 million senior secured term loan (the "Term Loan"). The Company will use the proceeds from the Term Loan to refinance its existing loan facility and to pay for accrued interest and costs associated with the refinancing. In addition, the Term Loan proceeds will also provide ongoing working capital, funds for future capital expenditures, and capital for general corporate purposes.

Key features of the Term Loan include:

Interest rate of LIBOR + 11.00%;
Maturity date of three years after closing; and
Three-year term with minimum principal payments amortized over 96-months.

"We are very pleased to have made progress on the refinancing of our existing debt facility," said NXT-ID CEO Gino Pereira. "Completing this transaction will enable us to move forward with the planned spin-off of our Payments Division, which we believe will increase overall value for our shareholders."

Subject to the closing, the refinancing would remove a key covenant of the existing debt facility and allow the Company to proceed with the spin-off of its Payment Division, which include its Fit Pay, Inc. subsidiary and other assets. The terms of the LOI require the Company to complete the spin-off within 15 days of closing the Term Loan.

The Company previously announced that it intends to separate its payments, authentication and credential management business into an independent company and distribute those shares to NXT-ID shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution. Immediately following the spin-off transaction, NXT-ID shareholders, who own shares of NXT-ID on the to-be-announced record date will own shares of both companies. Prior to the record date of the distribution, which will be established by the Board, NXTD shares continue to include shareholder rights to any pro-rata dividend that may result from the spin-off.

The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication and credential management assets the Company developed previously by NXT-ID. It is applying for listing on NASDAQ.

Recs

1
Member Avatar TerryHogan (99.97) Submitted: 9/26/2018 1:46:14 AM : Underperform Start Price: $1.48 NXTD Score: +17.66

I don't like betting against something with such a small market cap, as 1 contract could double the company's size. But this thing has been a dog for so long, it can't even howl at the moon.

Recs

1
Member Avatar GDavenport (< 20) Submitted: 8/26/2017 1:08:36 PM : Outperform Start Price: $2.00 NXTD Score: -53.50

This company has finally started issuing consumer credit card emulators in quantity. The sales of those units will stay showing through to the bottom line, giving us the first indications of the potential for this interim solution. I picked up shares in anticipation of the transition to a profitable Enterprise.

Leaderboard

Find the members with the highest scoring picks in NXTD.

Score Leader

TMFBabo

TMFBabo (100.00) Score: +347.86

The Score Leader is the player with the highest score across all their picks in NXTD.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
saab93boi 21.94 1/21/2015 Underperform 5Y $33.20 -96.75% +30.09% +126.84 0 Comment
This player feels very strongly about this pick and has marked it a Top Pick. Top Picks do not affect a player’s score. NobleOrSomeBull 99.54 1/19/2016 Underperform 5Y $8.80 -87.74% +38.67% +126.41 0 Comment
thomassapp 91.92 1/19/2016 Underperform 1Y $8.80 -87.74% +38.67% +126.41 0 Comment
budyzerr 68.29 1/19/2016 Underperform 5Y $8.80 -87.74% +38.67% +126.41 0 Comment
helicopterfool 97.16 1/21/2015 Underperform 5Y $34.00 -96.83% +29.56% +126.39 0 Comment
PunktBewiesen 68.29 9/28/2015 Underperform 5Y $9.80 -88.99% +37.35% +126.34 0 Comment
valuesimple 95.14 9/22/2015 Underperform 5Y $9.90 -89.10% +36.38% +125.48 0 Comment
patatepoil6 99.90 2/5/2016 Underperform 5Y $7.20 -85.01% +39.63% +124.64 0 Comment
roolbreakers 98.86 8/31/2015 Underperform 5Y $11.70 -90.78% +32.96% +123.74 0 Comment
milesmania 45.26 1/15/2016 Underperform 5Y $6.20 -82.60% +41.03% +123.63 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
tracknorthlandca < 20 10/1/2014 Outperform NS $25.30 -95.74% +33.91% -129.65 0 Comment

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