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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.
Doubt the name still exists, it only lives here.
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?
exactly my thoughts omar....why, why ,why? and omar can not get to the bottom........just can not see the forrest thru the trees.
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 ?
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.......
Interesting YMAN. These date back to 2018 and all are open except one and all are tax liens. Looks like the ANT was right in this regard.
Looks like more time was spent in the courts than making petri dishes. Additional different cases, see link and search under the name nanologix. Makes you wonder if this guy ever paid a bill. http://clerk.co.trumbull.oh.us/
Omar: I don't think anyone would care about Brets personal life obligations (not paying his bills) except for the fact that they have carried over into his duties as ceo. When those habits affect investors everything becomes fair game. Deadbeat is a strong word but it may apply to the ceo in this case. Opinion only.
Yman,
He's misinformation.
DP: Hate to burst your bubble but according to Zillow neither of Brets homes are currently up for sale.
Omar: I doubt it. This house was built in 1937, 6 bed rooms, 3 full baths, 2 half baths. 4100 sq feet finished, 14k delq taxes owed. Its obvious from the article he never had the funds to make it marketable along with his other homes past due taxes, recent past due co rent/eviction and paying off BOA. One might conclude he's broke. Since 2012 this house has been a DYI project still not complete. If he had half a brain he'd cut ties as ceo of Nanologix, accept a royalty on the patents and let someone else give it go. Opinion only.
DP,
"Did Bret sell his house? Heard he might have......Bret could be seeing the sights of the world....the chase is on...good luck with that"
Who is telling you this ?
Did Bret sell his house? Heard he might have......Bret could be seeing the sights of the world....the chase is on...good luck with that
From another board. Bret back to court April 9th. Seems to be for payment of back rent not paid as Nanologix not listed as defendant, just Bret.
Been almost a month ANT, what's the status?
Yman,
Should be about a week away....
Ant's post...
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
STATION PLACE
100 F STREET, NE
WASHINGTON, DC 20549-2465
Office of FOIA Services
January 8, 2024
Mr. Thomas Fagan
RE: Freedom of Information Act (FOIA), 5 U.S.C. § 552
Request No. 24-01084-FOIA
Dear Mr. Fagan:
This letter is in reference to your request, dated and
received in this office on January 5, 2024, for investigations
concerning Nanologix, Inc., since May 2020.
We will be unable to respond to your request within the
Freedom of Information Act's twenty day statutory time period, as
there are unusual circumstances which impact on our ability to
quickly process your request. Therefore, we are invoking the 10
day extension. These unusual circumstances are: (a) the need to
search for and collect records from an organization geographically
separated from this office; (b) the potential volume of records
responsive to your request; and (c) the need for consultation with
two or more other offices having a substantial interest in either
the determination or the subject matter of the records. For these
reasons, we will process your case consistent with the order in
which we received your request.
Please be advised, we are consulting with other Commission
staff regarding information that may be responsive to your
request. We will advise you of our findings, as soon as we
receive a response.
The only way we will know the truth is if ants request/complaint to the SEC and others is conducted. An in depth investigation. Not expecting to hear from ant until there is something conclusive if the investigation is conducted.
The only way we will know the truth is if ants request/complaint to the SEC and others is conducted. An in depth investigation. Not expecting to hear from ant until there is something conclusive if the investigation is conducted.
Yman,
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.
What is interesting is that the PPS peak to about 18 cents about a month and 1/2 after release before it eventually dropped to where it is today. Seems their release may have been what fueled that run up ?
So is what Ant posting what he was told correct about a couple hundred thousand shares ? So where did those shares go ? Did they sell them ? Did that even happen ? Forward looking statements is one thing but a release that states something that didnt happen is another thing, I think ? But who knows that the truth is ?
If ants claims are true that bert and the directors might be proven personally liable for their misrepresentations/deception it's probably cheaper for them to settle with shareholders than chance a greater financial costs and possible incarceration. At this point I think shareholders would settle to just get their investment $$ back. IMO bret is broke but the others have deep pockets.
I'm not certain why Faro's would care what happens to NNLX? What they need is an assignee on the patent.
The dirt behind the scenes is the question. It is interesting that many PIPES shares remain restricted, they will remain unable to tax deduct without bankruptcy. Many of those shares are him and his cohorts that refused to go bankrupt when the grape juice idea died. Go figure! I think you'd want to do the right thing for your friends.
ANT said he was going to start up the nanologixlitigation web site again... still under maintenance... does it really matter at this point? Seems with them likely being officially out of business with a for rent sign on the door it's a mute point. Wonder if BB let the Faro's know he was shutting down. Man what a fiasco, just can't believe someone on the verge of BK wouldn't accept any kind of a decent offer to help generate some apparent greatly needed income. Guess there's just too much dirt behind the scenes we don't know about IMO. Having my broker liquidate the position for a write off.
Exploremore,
"Bret is an A-hole"
Yes he is !
"I wish ant well but I don't see anything he is trying to do working. I doubt a class action will happen as there is nothing of value to go after."
I don't see how it will even have a chance when Faro wants BB involved ? Doesn't seem Faro cares about the shareholders but cares about the guy who ran this company into the ground.
Bret is an A-hole. Obviously he has no problem simply walking away from his obligations.
I wish ant well but I don't see anything he is trying to do working. I doubt a class action will happen as there is nothing of value to go after.
I do not understand why Bret hasn't claimed NNLX bankrupt to end all the angst, mystery and any liabilities.
Looks like the Fat Lady has sung YMAN. Someone posted on the other board that the NNLX building is closed and has a up for lease/rent sign on it.
"Can things get any worse? The former Hubbard Nanologix facility now boast a large sign on the front of the building reading FOR RENT. What happened to the contents? Perhaps sold off to pay the back rent. IDK Bad enough the ceo was sued for 32k+ personal debt by BOA but also has 19k+ delinquent personal property taxes due. So what's the point? Penny stocks suck. Due Diligence, Due Diligence, Due Diligence! Shareholders have been super duped. IMO"
Let's hoep Ant can get Faro to license the patents and maybe also a class action suit will arise from the letter he sent that was on his previous post.
The 1/16 case shows status "open" and disposition as "undisposed". Maybe it's being settled out of court? IDK. The 2017/2018 cases are personal against Bret and not the company. In one of them Bank of America it appears to have
charged off a 34+k debt and a decision in favor of BOA to collect. My layman understanding.
from the other board... seems like more taxes were due in 2017/18... anyone hear what happened at the 1/16 hearing?
Link:https://ecourts.mahoningcountyoh.gov/eservices/home.page.4
This board is for our entertainment omar....You take on the world's problems here? No we do not. I write much tongue and cheek here. You are likely to pop a wiggy......take a deep breath and your episode will pass.........Your reactions to all that happens with nanologix is too serious in my opinion.......Watch some comedy, laugh a bit and get a dog if love is what you crave.....you will not get it here..............and omar...I doubt anyone here gives a rat's butt what you or I write....
DP,
You can LOL all you want but I exposed you for what you are....You think LOL removes the evidence of your BS ? You're the fool.
""No omar...I'm not putting down others...I'm putting you down...."
You say so much crap you don't even remember you putting out a post saying Knuckleheads not so long ago....that was plural which means it's not just me....nice try but liars like you get caught too easily especially on message board where there is evidence.
LOL......... Oh you want acceptance on a message board? We all love you omar......
DP,
"No omar...I'm not putting down others...I'm putting you down...."
You say so much crap you don't even remember you putting out a post saying Knuckleheads not so long ago....that was plural which means it's not just me....nice try but liars like you get caught too easily especially on message board where there is evidence.
"Your belief in ant will show yourself just how inept you are at analyzing situations.."
Look BB has nothing I can see going on, do you know of any plan he has to turn this around ? I love to hear it and I would bet most shareholders would too, so unless he comes out and explains some plan I'm going with BB got ZERO, so how can Ant's attempt be worse than that ? Someone who is doing nothing is 100% going fail, someone who is trying has a chance even if it's lottery type chances. Y-man explained it to you as simple as he could.
"well no I'm obviously not " normal " like you..."
Yes, you aren't normal. Ant's name calling you an A-hole is perfect fitting for you.
In my eyes you have proven to be a total buffoon....Your belief in ant will show yourself just how inept you are at analyzing situations...." Can't be a normal person" you say............ well no I'm obviously not " normal " like you......
No omar...I'm not putting down others...I'm putting you down....In my eyes you have proven to be a total buffoon....Your belief in ant will show yourself just how inept you are at analyzing situations...." Can't be a normal person" you say............ well no I'm obviously not " normal " like you........
DP,
Just what I expected from you. Can't be a normal person but have to insult in a way that you down others so to build yourself up. Something exactly Narcissist would do on a message board to others.
A simple question could have been answered in a simple way without insulting others but you can't do it. So Full of yourself.
" What has BB done for you lately" omar continues to ask as if omar is a spoiled five year old who needs his toy returned.........omar if you were not such a twit maybe I'd joist with you a bit........You have proven to be be a useless purveyor of information. These three points seem to stick with me.
A. Nanologix has appeared to have been curtailed by a lack of monies for developing their platform,
B. The many advancements and potential products did not appear to be marketable to other companies
C. Bret having a major health issue with the combination of his age, the change in stock status and lack of new monies closed the doors
Your statement reeks of Narcissistic expectations..
I see this situation as someone you spent the majority of his adult life trying to salvage something from the old company and failed...it happens.
DP,
Again I believe you are more interested in insulting others than answering simple questions on a board. I have asked you this question below MULTIPLE times and it seems if you can't spin it into an insult then you go silent.
"What has BB done for you lately ? Crickets from you.
DP,
"Dude you are not intellectually grown up.... in my opinion you are oblivious to the obvious.....someone once stated about as smart as a box of rocks...You might very well be Nanologix's least smart dude or Mrs..........."
And you are so intellectually grown up when the majority of your posts is nothing but you attempting to insult others....you're the joke !
Dude you are not intellectually grown up.... in my opinion you are oblivious to the obvious.....someone once stated about as smart as a box of rocks...You might very well be Nanologix's least smart dude or Mrs...........
DP,
"YMan , I understand the logic you are using however if ant is successful he will not, in my opinion be sharing his bounty with share holders.....Now you have basically worthless share value but you do have shares. If ant is successful taking over the assets of Nanologix then in my opinion you will have neither shares or value..........He is not doing this to salvage shareholder value as he states " he owns no shares ""
You don't understand logic you just demonstrated it here. Full of misinformation. You're a misinformation machine !
DP,
"Didn't say what you say is made up. Did not say I hated ant."
You said grow up, I am grown up, you are a misinformation machine ! See I can do your silly talk too.
See I asked again and you still didn't answer it...."What has BB done for you lately ?
Didn't say what you say is made up. Did not say I hated ant. Just have not said what you all say........... You want to believe ant will salvage your investment? Your choice for sure.......... then again Santa Claus and the tooth fairy come by to see you too......omar you are a misinformation machine.....whatever cause we are all small time posters on this entertainment site..........buy some lottery tickets
DP,
"Not a fantasy omar just a comment on your buying in to Ant's scam."
if you are so sure of it being a scam, then why don't you tell Ant that if it goes his way that you don't want any part of it ? You willing to do something that ?
Yman,
"DP, I guess the eviction/rental hearing, part 2, scheduled for Jan 16 at 1:30 is also made up. "
See what happens with him, when you ask him a legit question ? If he had answered it I believe it would have been with nonsense.
DP,
I have grown up, you are spreading misinformation ! See how easy it is to do what you do ? You are the immature one calling other names like knuckleheads....
So again....."What has BB done for you lately ?" You can't answer simple questions like this one !
Omar grow up and stop your misinformation........ Have never stated what you say I have. You act as if you are a grade school student
What has BB done for you lately ?
You hate Ant so much but what has BB done for you lately ? Any updates to what's going on or plan going forward ? Has he even sent a message out countering Ant's claim of the company being void ? Anything ?
Look at these from the release in late 2021... any of them come to be ? If they had increase sales from Flatpack would there be an eviction ? Did you see any FDA registration on anything ? Did they pay that fee to keep the trading status the way it was ? You think Ant is out to do you wrong but has BB done you right ?
"Those three events present challenges for NanoLogix. We are dealing with those in the following ways:
1) With the reopening of many schools, we are prepared to increase FlatPack petri production to satisfy rebounding market demand.
2) We are also preparing for FDA Registration in January 2022 in order to be authorized to sell to laboratories and other groups that use Petri plates for testing samples under FDA regulated conditions. The FDA registration will list the FlatPack, our currently produced product, along with the ELISA variants of the N-Assay and RVA technologies.
3) After discussions with the OTC, and determining they will not accept independent SEC filings in order to restore NanoLogix to tradable Pink Sheet status, we will begin providing OTC with financials, and accept the burden of a $10,000 yearly fee. This is required to restore the Company to tradable status.
Exploremore,
"There is nothing to lose! I think it's a good thing companies like this no longer can trade, and BB deserves whatever can be delt to him. This company should not have survived the grape juice debacle, they have been in search for a purpose ever since. I don't know what motivates Antman but I don't think it's the patents. Fun to watch."
Has anyone seen a release by the company/BB saying that Ant's claims about the company being void since 2018 is false ? I went back yesterday through the posts and couldn't find one.
There is nothing to lose! I think it's a good thing companies like this no longer can trade, and BB deserves whatever can be delt to him. This company should not have survived the grape juice debacle, they have been in search for a purpose ever since. I don't know what motivates Antman but I don't think it's the patents. Fun to watch.
Where did the money go ?
from end of 2021...
"3) After discussions with the OTC, and determining they will not accept independent SEC filings in order to restore NanoLogix to tradable Pink Sheet status, we will begin providing OTC with financials, and accept the burden of a $10,000 yearly fee. This is required to restore the Company to tradable status.
An Exciting and Vital Development
We have received a proposal from a large and very well respected research and development corporation titled for "Development of a Rapid Viral Assay (RVA) Suitable for Detection of COVID-19 and Other Viruses". This work will be accomplished utilizing live virus samples of multiple strains of COVID-19. Our initial portion of the development costs for the proposal is roughly $500,000. We have begun raising that amount through the use of a mechanism offering a small net revenue interest percentage of potential RVA sales. We have already raised $150,000 from interested medical groups through use of that mechanism, and intend to raise the balance with no sale or dilution of stock.
They couldn't use some of that money to get back to the trading status they had ? And if they raised that $150,000.....where did it go ?
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