BioNitrogen Holdings Corp. (BIONQ)

[LongRun8]

I've been following peripherally for a while. My guess is that if the patent is truly sold to Annon, there will be another rebranding/remarketing (read: pump & dump scheme) of this whole technology again looking for fresh excitement from investors/traders for the sole purpose I've been following peripherally for a while. My guess is that if the patent is truly sold to Annon, there will be another rebranding/remarketing (read: pump & dump scheme) of this whole technology looking for fresh excitement from investors/traders for the sole purpose of insider enrichment. Annon and their origin is just as fishy as BION's. It wouldn't surprise me if there were the same insiders behind the scene.

As far as the share structure, I would think the current outstanding shares will turn out to be worthless, unfortunately. I believe this because BION will have nothing left after they essentially trade their patent for their outstanding debt. Then Annon is not currently a publicly traded company and will have no incentive to reward current shareholders. I don't even know if Annon is really even a legit company at all. I wouldn't be surprised to see them reverse merger into a shell company and then let the pump and dump resume.