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Say what?
danwo,
I wondered what that meant. Does your two words have anything to do with NNRI new corporate office in D.C.?
Woe is us.
You want all to not "fill" good?
With the sp at .20, can't you find some "fill good" info?
People who have given up
are the ones that Gibson has encouraged to leave. Who bought their shares? Does Gibby know?
Gibby is not really
addressing his "Get out now" message to regulars on this board. He is trying to get the attention of those hundreds of other shareholders that just look in here every few days.
He really just wants to draw attention to himself. A couple of days ago, he started fighting with Gibber. What was up with that?
Hey there, Gibby,
KALU came out of BK and nearly doubled in ten months. I "hoped" all the way.
Do you have any friends left here that might take your advice?
All those losers are already gone. You are pixxing into the wind. How does it feel when it comes back and hits you in the face?
only,
Don't dispair. Read the latest posts by Batscam. He must have some inside information that the 10Q will soon be filed.
He is already starting the negative spin. Whatever may be in the filing, Bat will pick out every negative he can find....
Bet on it. But with his recent credibility gaff, who will believe his opinions?
Hey, Scorry,
Let Bat answer his own questions. He is just trying to find wiggle room.
Bat,,
Was that the disrespectful comment you made to your parents when you were corrected for misbehavior?
Batscammer,
Your rhetorical questions are always contrived to create a negaive spin. I think most reading here completely understand your intent.
When will you stop your incessant negative attack?
This AM, I put in excess of $80K into a real estate position. I will be out of this one for awhile.
I do not wish you success in expediting the demise of this company at the expense of a lot of shareholders.
CUL
Bat,
"So again I'll ask."
So again I'll give you a direction. Why don't you communicate with the CFO instead of asking for information from posters on this board who do not have the answers to your questions....
We can speculate that cash was obtained from share sales to take cre of operating expenses. Or perhaps the cash was obtained from POOF which has now been repaid.
Question. Would you, if an officer in NNRF, prefer payment in discounted NNRI shares or cash? Would you, as a shareholder(hypothetical) prefer payment to the officers in discounted NNRI shares or in cash?
No thank you Bat,
You made the accusation that Nevada was chosen for domicile of the corporation because that state would provide greater freedom to limit rights of both preferred and common shareholders whch would make it more difficult for shareholders to create/cause/effect changes to the management team.
I guess you guys should quit pushing for a management change. Most likely will not happen due to posters on IHub.
Bat,
I don't get angry. If given the opportunity, I do get even, however.
What is "the transfer agent yet"? Is "yet" the name of the transfer agent? Why do I need to call and how loud do I need to yell? Do you mean I need to use a telephone to make contact with the transfer agent? For what purpose?
I don't need to borrow $12. Did you mean dollars or millions of dollars? I'll take $10 million with interest only pymts at 1% per annum interest. Are you the lender? BTW, I offer no security.
I guess you did not understand my facetious rosey river story. Too bad.
What does Chuggie being a lawyer have to do with NNRF?
Why should I do that? Are you trying to tell me there is a difference between Delaware and Nevada law such that a company could not change the by-laws if incorporated in Delaware to provide for the same powers as are available in Nevada?
If that is your intent, post some direct quotes from the Delaware Code to validate.
I am not going to spend any time researching the Delaware Code but I suspect a company incorporated in Delaware could make the same decisions as NNRF has made in Neveda to protect against a takeover.
You seem to know some history about Eurotech. You should remember Eurotech mgt stated an intent in 02 to ask the shreholders for approval to re-domicle in Delaware from D.C. Since a shareholder meeting and vote on that matter never happened, they licensed the techs to Markland and HomComm and let Eurotech die a slow death since the AS could not be increased without shareholder approval which would have been presented simultaneously. Mgt wanted additional freedom that would have been provided in Delaware.
Batscammer,
With each inane post with inane questions you lose more credibility. No one here has to do anything to keep you from bashing away with inuendo and stupid "IF" scenarios.
I have one for you. IF it rains today in Southern AZ, the Santa Cruz river may flow above the dry river bed. That would be rosey, right?
Bat,
More negative inferral questions. Maybe they stole the money from ATOLL, Huh?
Why don't yu call the CFO and ask for specific details on cash flows? Wouldn't that be better than asking for information from posters on this that do not have answers? Of course, you knew that already. Right?
What/
What the heck does that comment have to do with anything here?
Has Chuggie been part of any discussion on this board...
Deflection??????
Scammer man,
You can't twist what you posted. You know full well what you want for the company share price. Heck, if there are some holding short positions they might never have to cover. Right?
Hey there scammer,
If you had been one of the 49 investors holding millions of Stafford Energy worthless shares and were able to trade those for NNRF shares(which at that time had an unknown value)you would not be complaining about recovering some long ago lost investment.
Yes. The pump began and it exploded to that momentous $10.00 share price. The 144s did not hit until July, 07, when the price had dropped to $5.00 and then very rapidly thereafter. Those 49 investors obviously recouped hansomely. Get over it.
Other traders have profitted also. If you did not, too bad.
You wrote, "Hmmmmmm it seems the only people getting burned here are the longer term retail investors.........". And your agenda is to cause more burning by working to expedite the demise of the company. What a piece of work you are!!!!!!
You stepped in the cow stuff and you have no way out. Scammer man.
Scorry,
Bat's specific agenda as stated in his post #7307 is to expedite the demise of the company. He is a good guy. Right?
Bat,
More negative spin, scammer?
Woe is us. This is a bad company because they are incorporated in Nevada which allows them to manage the company with some limitation on shareholder rights to interfere.
How about Delaware? How about Florida? You obviously haven't taken a Business Law course.
Corporation laws in the various states conform to the Model Business Corporation Act. If Nevada allows certain powers to a Corporation, that power is rooted in the MBCA. By-laws must be legal and written to conform with the Articles of Incorporation.
Yes, Nevada is Corporation friendly but the least Corporation restrictive in the nation is Delaware. That, along with some tax benefits, is why there are so many companies incorporated in Delaware.
The most shareholder protective is likely D.C.
Batscam, the Scammer,
You wrote, "My only program is to convince people not to buy shares thus expediting the demise of yet another penny stock scam." Scorry was right. Some posting here are working to cause the company to fail for the benefit of ????????
Thanks for providing the very useful information. I will frequently remind all readers here of the facts about your agenda and your obvious total disdain for shareholders who have an investment here.
Hang on for the banging...CUL
BTW, BAT,
In the IBox, information from 4/29 says 255 stockholders. Do yu think there are now more or less holders? If you and Gib have been very successful in getting holders to leave, there must be fewer now holding larger numbers of shares.
Or have the buyers been taking the shares out of the float to cover short positions? What might the "real" float be anyway? Are we slowly getting down to the stated unrestricted 17MM level?
Do you have any answers to these questions or are yu still stuck on the "If" questions you post incessantly?
Well,
If you convince everyone not to buy, how the heck will we holders be able to sell as Gibson suggests?
What a catch 22, huh?
Both of you jokers are funny. Really great comedy, and I thought you would not be able to do that. Oh, I forgot. You have a straight man to help...LOL
I really believe you want everyone to lose so you can laugh and say I told you so. Isn't that what you need for your ego?
More strokes, please, for "Bat is the Man".
Gibby,
Back at you with the same sentiment.
Don't go away angry. buy a few so you will feel better when you return....LOL
That is your choice.
You have your opinion and I have mine. I think the share price is currently way undervalued.
but if you don't want a seat at this table, go sit in the bar and drink some vodka...LOL
timekeeper,
Valid answers to your questions would require inside information of which I have none.
I like what the shots that mgt has taken recently and I don't think they are out of bullets. Without other news, the big thing that needs to get done is the 10Q. Mgt knows that is needed, and soon.
Development of timely reporting in the future is a biggie. Staying on the Pinks, although sustainable, is not good for the company. However, there are other companies on the Pinks trading at much higher levels based on company performance. Many of those, however, are foreign companies that do not want to bother with making quarterly and annual reports to the SEC. NNRF is almost a quasi foreign company with all assets and partnership operations abroad.
Bat, Gibson,
I am not desperate, not selling, and I am not the one blatantly telling everyone readin here to sell.
I have been buying some in the low .20s. Are you suggesting I should be thanking you for getting others to sell me their shares?
Maybe I should join in your program so I can get more buys at these low prices. I would except that I am not greedy enough to post unfounded negative opinions to suit an alterior motive. But I suppose there are others that fit that modus operandi. You two seem to have it going on.
Ha, ha, ha,
Now you want to be a comedian. I don't believe that will work for you. What else do you have on your resume?
You two are so very close in your arguments and opinions. You will have to excuse anyone that gets you two confused.
.22, huh? Most likely a good buying opportunity. At least 40% up soon. Your choice. Let me have your cell number so I can text you a status report. I could let you know if it drops a couple of pennys so you could sell and run quickly.
Anything to help a lost trader...LOL
Bat,
Good luck at the wedding or on your vacation. I don't think you will be missed terribly.
You can cover some of the expenses by buying here before you leave..You will be able to sell at a profit when you return. If not, WTH, you surely can afford to take a little risk. Show us you have some guts, huh?
Bat,
You asked, "If NNRI earns $6M per year from Atoll and spends $20M per year doing it, how is it a good investment?"
You have asked that question before and you know full well that the $20M factor you state is no longer valid.
I know which shares I own and I know the percentage of ATOLL owned by NNRF.
You keep implying the ATOLL investment owned by NNRF has no value. You know that is not true.
You make me laugh..Spin off ATOLL shares, a non-publicly traded closely held company, to NNRI holders. WOW! How did you ever think of such a scenario????? I'm sure that suggestion gained you a lot of respect among the NNRI holders reading here.
Gibby,
It is not 500K. It is a declared $1M dividend which validates ATOLL and establishes the 50% ownership by NNRF as a very good investment.
You have no basis for your opinion but you are welcome to continue to bash as you wish.
You lose on this one, buddy, so keep telling everyone how astute you are not.
Gibby,
Don't get too upset. Quit fretting so much about the pps. You are welcome to buy at this level.
The dividend by ATOLL is a positive and all the questions you can conjure up and post here will not change that....
Bat,
Whatever your questions, the facts remain. The ATOLL BOD has declared a dividend based on their judgement that the company can now begin to pay dividends.
What that means to NNRF is that the ATOLL acquisition is now being shown to be a very good investment by NNRF management and all that "interest expense" is covered in the value of the asset.
I,and many others, took dollars off the table during the big uptrend. Most did not need your advice to trade out so don't break both your arms trying to embellish your grandiose opinion of yourself. Tell us you bought between 12 and 15 March 07 and sold between 23 and 25 April 07 and you will get some respect. I did not begin reading your posts on this board or the Yahoo board until after the drop from $5.00 in July so I don't know what your may have been posting earlier.
Also, an admission by you that 50% of ATOLL looks to be a very good investment might help your rep as a knowledgeable and informed investor.
Bat,
Maybe ATOLL still needs the $2M. Maybe not.
If they do, perhaps NNRF may be able to leverage their ATOLL position to provide the needed cash for capital investment.
Don't you even believe NNRF's ATOLL position has enough value to support a $2M loan? On the other hand, I doubt NNRF would encumber their ATOLL position unless they are certain of their capability on debt service.
Who are you accusing of running off with $500K? You say that like you think a theft is taking place. Wow! NNRF and the other ATOLL shareholders are going to take the liquid assets out of ATOLL. You have to be grasping for straws now, buddy.
You fret too much about the current share price. I wonder what you might do if an uptrend is sustained. Probably go frigging ballistic, huh?
Gibby,
It is easy to note that you and Bat are reading from the same page;Anything good coming from ATOLL is squat and just a joke.
A one-half million dollar joke?????? And yesterday you were complaining about losing a few bucks spent on travel expenses to your brother's now cancelled wedding. If you brother is anything like you, no wonder she dumped him...LOL
2C,
I believe you meant that ATOLL, not NNRF, is/will be paying dividends.
Insofar as possible, the dividend(s) should be "Return of Capital" and, therefore, not taxable. Not sure about the Russian shareholders or Russian tax laws.
Scorry,
This is good news but not as good as I had hoped.
My thinking has been that NNRF needs to get to a position such that ATOLL's revenues to NNRF could be leveraged to support a high level line of credit. That would require an established and firm quarterly dividend which could be used for working capital and debt service.
I note that dividends, plural, not singular, was used in the PR:
"ATOLL's Directors and senior management reviewed ATOLL's forecasted cash needs in conjunction with 2007 results and believe that the Company's cash flow generation will allow it to commence issuing dividends."
The question becomes how often will ATOLL be able to make dividends and at what level.
Other revenues are still needed. Development of core technology sales must be the ultimate target objective.
Hey,Gibby,
Tough morning, huh? Did it work out for you today? Were you able to buy all you wanted below .25? What is your current BID?
No BS answers, please. LOL