NanoLogix Inc (NNLX)

[Deep Pockets 11]

Hit the road Jack....

[yman]

For Sale:
https://www.zillow.com/homedetails/12-Poland-Manor-Dr-Poland-OH-44514/34815861_zpid/

[yman]

Omar: See "Form D Information" below.
https://www.securitieslawyer101.com/2014/preparing-filing-sec-form-d/

[Omar8]

Yman,



I don't see section 9 checked for "Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security"...seems confusing.

[yman]

Omar: Form D is used for private placement and exempts filing form 4. The minimum investment amt was 10k then amended to 5k. That's my understanding.

[Omar8]

Yman,





Which one of those is showing the Faros and those 3 million shares ? I see only one in 2020 and that one says Form D is that the same as Form 4 ?

[yman]

Omar:https://www.sec.gov/about/forms/form4data.pdf
https://www.sec.gov/cgi-bin/browse-edgar?company=nanologix&match=starts-with&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany

[Omar8]

Yman,



I'm trying to find the SEC form 4, which is what I think is required for those shares. I have yet to find it that shows that. That release says RECEIVED, so it must have happened so where is that form ? Perhaps you or DP can find it ? I believe directors are required to file that ?


"Oct. 5, 2020

NanoLogix Covid-19 Detection Test Update

Partial Funding received from NanoLogix Directors Options Exercise

NanoLogix has enlisted the services of a company with an advanced diagnostic platform that can deliver lab-quality results at point-of-care (POC). That company will perform an initial feasibility assessment of our COVID-19 viral assay on their rapid POC system. Partial funding for the first phase of the feasibility assessment is being provided through NanoLogix Director and Chief Medical Officer Dr. Jonathan Faro and Director Dr. Sebastian Faro exercise of options for 3 million shares. Those exercised shares are restricted from trading for a period of one year from issuance

The Directors' action reflects their belief in the NanoLogix rapid viral detection technology and its potential.

Independent laboratory work in Houston on a separate phase and aspect of the testing technology will begin after initial results from the above-mentioned work.

[yman]

Yes he's a big time loser. He couldn't produce enough to keep the lights on. Hope the SEC gets his azz if he's done wrong. If he hasn't, it is what it is. Opinion only.

[Deep Pockets 11]

so many posters blaming every one but themselves..........what do you mean BB did not make me money? must be a loser you say... can't be anyone else? not the knucklehead who bought shares, PIPES or other............too funny

[yman]

BB is a user/loser. He used everyone that worked for and with him until they got wise and left. The only exception is Faro. He got his name on the patent and then left. If the SEC is investigating that will take time. So much to look at and so many people to talk to. Just look at his bio. He was an oil consultant and medic (EMT) in the service who imagines himself a modern day Alexander Fleming. My opinion only.

[Omar8]

Yman,


"Bret won't file bankruptcy because the assets (ip) would be auctioned off to the highest bidder and shareholders would at least get something. It appears that Brets personal property taxes owed are now reaching approx 28k."


Sounds crazy he rather do nothing ? I hope that SEC investigation( if happening ) under covers something since its taking so long.

BB is a class act, should never be in charge of anything the way he ran this company.

[yman]

Riddle me this. If the co hasn't filed bankruptcy does it still exist? They may not be doing business officially but unofficially they are still there. If this is true does this prevent Bret or Faro from doing anything with the N assay and RVA without consideration to shareholders? Bret won't file bankruptcy because the assets (ip) would be auctioned off to the highest bidder and shareholders would at least get something. It appears that Brets personal property taxes owed are now reaching approx 28k. Another rental hearing coming up April 9th. Seems he's trying to run but but can't hide. Don't give up. Opinion only.

[Deep Pockets 11]

zzzzzzzz lol zzzzzzz lol zzzzzz ant will help us zzzzz lol...........It's one thing to make a bad investment and it appears to me Nanologix is that. It's another hoping some bullying, threatening poster will save the day....

[yman]

Gold standard talk. Nov 2011:https://www.businesswire.com/news/home/20111101005957/en/NanoLogix-Technology-Delivers-Live-Tuberculosis-TB-Detection-Results-in-a-Revolutionary-4-Days-versus-Traditional-21-Days

[yman]

June 7 2010 "any day now" and "This is pretty much the biggest thing to happen to the petri dish", "I won't say it's as big as penicillin, but its huge." https://vindyarchives.com/news/2010/jun/07/local-company-develops-new-petri-dish/
https://vindyarchives.com/news/2010/jun/07/local-company-develops-new-petri-dish/

[yman]

Omar: "Perhaps the SEC doesn't care?" Oh I think they care. That's why all the changes to pinks needing more disclosure. They want to weed out the rats. Maybe they have a special cage for them. We won't hear anything until an investigation is done.

[Omar8]

Yman,



There is the "holy cow' and "any day now" articles out there but what there is now is pretty much nothing from them, they sure talked it up for years . I think there was talk of Gold Standard too, a lot of hot air blown by them it seems since nothing significant came from it. Was the tech anything special or they were just talking it up hoping someone would buy the company ? Maybe that was what all those fancy releases were just attempts to get someone interested to carry whatever they had to where they couldn't ? Unfortunately, it appears the shareholders were the ones buying into their big talk and now left with pretty much nothing.

I don't know what is going on with that Ant's complain with SEC ? Perhaps the SEC doesn't care ?

[Deep Pockets 11]

Oh Boy...more history lessons.....like we never read that?.......Hey the potential of Nanologix's platform sucked me in....we all have that in common

[yman]

Local TV station "holy cow" moment. https://www.wkbn.com/news/coronavirus/small-company-in-hubbard-hopes-to-be-at-the-forefront-of-new-covid-19-testing-technology/

[yman]

Here's one I searched today. The article is from March 2014 for those who confuse easily. https://www.tribtoday.com/news/business/2014/03/bug-hunt/

[Omar8]

Yman,



I noticed that difference in dates on that source you posted a long time ago, just some like DP are slow. He has trouble with simple things.

[Deep Pockets 11]

yman.....your post is misleading, incorrectly dated by your design I suspect. Your motive is to fuel whatever fires you hope to generate..........kinda childish some might think........... perhaps you and omar could get a room

[Jon Jon]

If you click on the link you provided the paper shows today's date with the article... VERY misleading.

[yman]

Jon Jon: I did not say it's new news. It's from a 2020 article that I searched today showing how things have changed from 2020 to now. You and DP need to get a room.

[Jon Jon]

Fake news YMAN. Go to the tribunes website and search nanologix and you'll find it's an old 2020 article. Don't know where you got it but it's not current.

[yman]

DP: Don't be a dumb azz. Goggle it yourself and it will show the date googled. The article and date speaks for itself as to when published. Nothing has been altered.

[Deep Pockets 11]

seems Fat Lady has a new song to learn........interesting development for sure.......a Glimmer of hope but info seems compromised............ 2020 article with a March 5 2024 date......Photo shopped?

[Jon Jon]

Boy that will put a bug up the Antmans ars. But how can "NanoLogix Inc." be seeking international protection when the patent doesn't belong to them? I don't think the author of the article knows what's going on and how things really are. Patent or no patent, nobody was interested before so IMO this won't change anything... just a formality. I mentioned several years ago that with BB and Faro putting these patents in their names they were covering themselves with a potential golden parachute in case the company failed. All I know is that if BB and/or Faro try to use this for personal gain and not for the company there will be a class action suit... wonder where the Ant is with his complaints submitted to the SEC and the class action patent attorney.

[yman]

Oh my, how things have changed. https://www.tribtoday.com/news/local-news/2020/11/rapid-virus-test-gets-patent/

[Deep Pockets 11]

............well for about 100 dollars I guess anyone could buy Nanologix now...........No.. what that statement means? I made mistakes.. I bought Nanologix ( stock)

[yman]

DP: Please explain "I bought Nanologix". Are you saying you bought shares in Nanologix or you bought the co? That statement needs explained. You seem to be a level headed/clear minded individual but such a statement can be taken either way.

[Deep Pockets 11]

Nanologix HAD a lawyer or lawyers advising them............I suspect the SEC has bigger fish to fry, are understaffed , overworked and could care less about a one employee Co. from Hubbard, Ohio no longer in business, it appears.......but I've been wrong before...I bought Nanologix

[yman]

Omar: I went back and reviewed all pr's/updates from Feb 2020 to the last presented. Funny how they stated in Feb 2020 they would not proceed with the corona virus detection because the virus may be "short lived" and UTI and yeast would be their priority. A few months later the virus becomes #1 followed by all glowing pr's/updates. Development was stated as done at Nanologix. Fast forward and now the co is out of business although still existing on paper with an eviction and nothing being done and no place to do anything if they could. Seems Bret and Faro may be planning on using the N Assay and RVA patents for their own personal profit. Sure hope the SEC and Delaware get to the truth and holds all those accountable if deception is found. As for DP's comment the co has lawyers I say the SEC has legions of lawyers and auditors. My Opinion.

[Omar8]

Yman,



This is what I am waiting to see....


From one of Ant's post.....

"Despite the fact that the company has been voided in Delaware since 2018 the company through its CEO and directors have authored and published glowing Press Releases about its technologies; potential research, distribution and fund raising agreements with multinational firms that never came to be. As an example, one press release reported that the only two directors exercised options on millions of shares which provided the company with the funds to continue the development of the N Assay technology and suggested that it “reflects their belief in the NanoLogix rapid viral detection technology and its potential”. Not surprisingly over the following days after that PR was released the price per share and volume significantly increased. As the company has refused to provide even the minimal financial information there is no way to know if the exercise of the options albeit in a voided company every took place although one of the directors recently disclosed they only owned “a couple hundred thousand shares”.


That release...



Oct. 5, 2020

NanoLogix Covid-19 Detection Test Update

Partial Funding received from NanoLogix Directors Options Exercise

NanoLogix has enlisted the services of a company with an advanced diagnostic platform that can deliver lab-quality results at point-of-care (POC). That company will perform an initial feasibility assessment of our COVID-19 viral assay on their rapid POC system. Partial funding for the first phase of the feasibility assessment is being provided through NanoLogix Director and Chief Medical Officer Dr. Jonathan Faro and Director Dr. Sebastian Faro exercise of options for 3 million shares. Those exercised shares are restricted from trading for a period of one year from issuance

The Directors' action reflects their belief in the NanoLogix rapid viral detection technology and its potential.

Independent laboratory work in Houston on a separate phase and aspect of the testing technology will begin after initial results from the above-mentioned work.




Can anyone find evidence that those 3 million shares happened ? Shouldn't there be a form showing it ? And what Ant posted about a couple hundred thousand shares true ? And if so where is a form showing that person sold a lot of shares ? Don't those in that position required to do that ?

I hope the SEC is looking into this......

[yman]

Any way a few hundred to get a lawyer's opinion may be worth it. On the other hand ants complaint or others to the sec may be the way to go. Let them subpoena and audit all records, That complaint cost nothing.

[Deep Pockets 11]

Not so sure that works for anyone but the lawyer....A few hundred? A few things should be assumable. Nanologix and its management have and have had legal representation.....Bret was smart enough to assume control of the company from its founder many years back and has remained in control........I suspect he has limited his exposure ( to folks like ant ) and others..............so a lawyers cost to find a way to penetrate the protection.....10 large and up..anyway

[yman]

If you lost tens of thousands spending a few hundred to speak to a qualified lawyer is peanuts. Bret has nothing to lose but Faro and Chatterton, now that's some deep pockets. I'm guessing this could be settled out of court. Return the shareholder's money then they can do what they want. Opinion only.

[Deep Pockets 11]

Who has the money to do that after the bath investors took.........sometimes smarter to walk away than helping lawyers with their lifestyle.

[yman]

I believe this could be challenged under the "shop right doctrine" if anyone would care to do so. If the business was found to be a scam the ownership of the patents would be the least of their problems. My opinion only.

[Deep Pockets 11]

Yman.....It would be inconceivable for Bret, the Faros and whoever else was involved with the N Assay or RVA within Nanologix to have not conferred with a knowledgable lawyer regarding the path they took.........

[yman]

I remember from many years ago the co posted it had some 3000 investors. It's hard to believe ant was the only one to file a complaint with the SEC and Delaware. Sure seems there is plenty to complain about. If his complaint is taken seriously don't expect to hear anything and only if action is taken. That can take years. I don't think Bret and Faro would be that stupid to try and steal the N Assay and RVA from shareholders. At least I hope they aren't. Opinion only.

[Jon Jon]

Guess the captains have gone down with the ship. Had a chance to grab a life preserver that was thrown at them but alas to no avail. See ya on the other side.

[Deep Pockets 11]

antman is likely peeing into a strong breeze....someone is still trading Nanologix...keeping it alive....

[yman]

If there has been no bankruptcy filing it may be in the eyes of the law that it still exists. IDK It just maybe that Bret won't file for bankruptcy because the IP would then be handled by the court and that may salvage some return to shareholders. Again IDK It wouldn't surprise me if they are just waiting for shareholders to give up leaving them with the IP and do whatever they want. Still waiting to hear if
ants complaint to the SEC and Delaware moves forward.

[exploremore]

Doubt the name still exists, it only lives here.

[yman]

Let me see if I understand this correctly. In Bret and Faros mind they invented, own and control the RVA and N Assay patents. They would also contend shareholders have no interest in them and the only way shareholders could receive any benefit is to prove the RVA and N Assay IP belongs to the co, thus shareholders. The co exists in name only, no facility, no production, no employees and nothing of value except the IP. Someone or shareholders only recourse would be to have this matter heard in the courts. Do I have this correct?

[Deep Pockets 11]

exactly my thoughts omar....why, why ,why? and omar can not get to the bottom........just can not see the forrest thru the trees.

[Omar8]

DP,




DP posted recently......."Did Bret sell his house? Heard he might have......


You posted about BB house for sell, not me or Yman......so why the this or does stuff ?

[Deep Pockets 11]

Not bursting any bubble Yman. No bubble to burst. So much fun to read one post after the other. Bret does this, Nanologix does that, Ant will make it right.........Omar can not help but be brought into the flame so why not give him some rope. Just one more lost soul on a message board.......