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I'm holding 245,095 shares 0.0299 average... nice make coin here... $XNNHQ
You and me both!!!!!
Looking forward to the day $XNNHQ wakes up...
Is David Lazar still holding this?
Hey Bud
What filing there hasn’t been a filing in 6 yrs?
Is this coming back to life?
Had several millions in shares outstanding a while back
Thought this would go higher
Accumulated deficit 31,419,000
pag 2 : https://www.otcmarkets.com/filing/html?id=10873564&guid=4BL-kF8sfH7qJth
If I understand correctly, tax losses can be compensated in 20 or 30 years, in this case XHHNQ would have GREAT VALUE ??
Does anyone remember XHHNQ? It is a company listed on Expert Market, in the past it was a war-related company, do you think it could be reactivated and merged with a company in the sector, could it offset past tax losses?
Xenonics Files Chapter 7 Bankruptcy
March 11, 2016 12:41 PM Eastern Standard Time
CARLSBAD, Calif.--(BUSINESS WIRE)--After 19 years of providing high-intensity illumination and night vision systems to the U.S. military and law enforcement, Xenonics Holdings, Inc. (OTCQB: XNNH) announced today that it has filed a petition for Chapter 7 Bankruptcy.
Xenonics was severely impacted by the reductions in the U.S. Defense budget and by delays in obtaining highly anticipated and significant international purchase orders. For the last seven months the Company’s officers worked diligently without compensation to obtain purchase orders while barely being able to maintain minimal operations. Without these purchase orders, the Company does not have enough working capital to continue operations.
However, Xenonics’ officers and directors are pleased that the Company’s products saved many lives in Iraq and Afghanistan and made such a valuable contribution to the men and women serving our country. The testimonials the Company received were heartwarming.
Xenonics was a vital company in winning the war against IRAQ. Does anyone know if XNNHQ has accumulated tax losses to compensate? Would a merge with a military weapons company be possible ?
March 11, 2016 12:41 PM Eastern Standard Time
CARLSBAD, Calif.--(BUSINESS WIRE)--After 19 years of providing high-intensity illumination and night vision systems to the U.S. military and law enforcement, Xenonics Holdings, Inc. (OTCQB: XNNH) announced today that it has filed a petition for Chapter 7 Bankruptcy.
Xenonics was severely impacted by the reductions in the U.S. Defense budget and by delays in obtaining highly anticipated and significant international purchase orders. For the last seven months the Company’s officers worked diligently without compensation to obtain purchase orders while barely being able to maintain minimal operations. Without these purchase orders, the Company does not have enough working capital to continue operations.
However, Xenonics’ officers and directors are pleased that the Company’s products saved many lives in Iraq and Afghanistan and made such a valuable contribution to the men and women serving our country. The testimonials the Company received were heartwarming.
Thought this would go much higher
Thought this would go much higher
Interesting company, made off a while
Nothing to post about unless this comes alive
LOL
I would love you this one to come back top life LC...........
Cricketssssssssss Churp-churp.
LC
Xnnhq
Okay, why?
Interesting company
Why never a company rolled in
Made off this and never went up a lot
XNNHQ
Thats good to hear.
tlo.
Yes, long arduous process to get it out of expert, but one day this will rise... David is active...
XNNHQ
There never was a Chinese or any other candidate for this shell.
I thought he was saving this one for something special since the share structure is so good.
Hopefully it will get resurrected at some point allbeit it would be a very long arduous process
to get it out of expert and into pink, but with this SS you never know.
tlo.
The Chyneez know it's game over, these little shell schemes of David are done for.
Yikes! XNNHQ looks to d.o.a.
LC
XNNHQ
I have the hope and confidence that one day XNNHQ will wake up and update itself thanks to the great structure
I still have shares from when Lazar had this pink current in a hope drawer in the corner.
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