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No there is no planned sale
If you looked at Vickers there is a listing for the shares of Barry but that is a mistake as those 144 shares cannot be sold as they are not registered. There was no opinion letter and anyway as Barry announced he withdrew his request regardless.
Would be nice though if the stock price did not get chased up so fast as that invites profit taking and wild swings. It will be back to the $10 break out soon enough so does not need to do it in a few days like the last time.
Re: Andreyeva bay and ...
In the other post at the end it stated:
" In 2000, it was ((the Andreyeva Bay radioactive waste storage site)) handed over to the SevRAO state enterprise (department of Rosenergoatom)."
It is interesting that the commercial director of SeVRao is the former president of ATOLL and remains a shareholder of ATOLL and NNRF. SeVRao writes the specifications for Andreveva Bay and as this is Europe's largest radioactive waste storage site it has a very high priority to get it cleaned up.
If you read the history of this site and the others you will realize the complexity in them and the years that have gone into the planing and specifications needed to get the job done. I believe the G-8 intends to fund these projects at least into 2012 as these are huge projects.
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I have seen no delays in any up listing at all. The company is in the standard comment period with the SEC that always takes place once a pink sheet stock becomes fully reporting. The SEC submits questions and the company answers and this goes back and forth until they are finished.
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For listing on the Russian exchange
Foreign companies are forbidden from listing on the Russian exchanges. Only Russian companies can be listed. This will change in October when the RTS will accept foreign depository receipts (RDR's). NNRF will be one of the first to be listed. The exchanges are regulated by the Financial Services Committee of the Duma - That is Valery Zubov, Chairman of NUCON-RUS and member of the Board of Advisors of NNRF. NUCON-RUS is the 100% owned subsidiary of NNRF.
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Yes the stock has been trading for a year but only really with muhc interest for a few months. The company only completed the 50% acquisition of ATOLL in March, the plans for manufacturing FEECOM/BIECOM in Germany is also fairly recent. If one can be a little patient as they are actually progressing at a very rapid pace.
my post was under yours
so as you see not disappeared.....
While here another quote from a while back about Andreyeva Bay as we will hear more of this later this year.
"The Andreyeva Bay is Europe's largest radioactive waste storage site. Besides spent nuclear fuel, the Andreyeva Bay contains over 10,000 tons of solid radioactive waste and some 600 cubic meters of liquid radioactive waste. There total radiation activity is comparable to radiation emission during the Chernobyl disaster. The storage facility in the Andreyeva Bay was created some 40 years ago on the shore of the Motovsky Gulf as a temporary storage site and was supervised by the Defense Ministry. In 2000, it was handed over to the SevRAO state enterprise (department of Rosenergoatom)."
Storage of spent nuclear fuel in Andreeva Bay
There is a lot of information about the top contaminated sites in Russia. This is a 4 year old article that gives some of the history of Andreeva Bay. This is one of the three sites that G-8 countries and the EBRD have so far pledged $4 billion toward cleaning up. NNRF has stated that they will begin to post revenues for remediation projects int eh forth quarter.
Storage of spent nuclear fuel in Andreeva Bay — history
http://www.bellona.org/english_import_area/international/russia/navy/northern_fleet/spent_fuel/28460
Yes $80,000
For Ethiopian
He id what?
If your brother, " bought because someone said this was the stock to own."
He should never be in the stock market period!
You mention you read fantastic things about the company - wow really - please show us as we would love to hear about them.
You say you hear things on boards.. well I suggest you read the filings and watch the video on the company website. Message boards are not a place to make financial decisions.
You really should read some books about investing and not buy because of what someone says -
CFPC is a growth story and a business model of buying directly from growers so that they benefit. The co-ops get some stock in the company and this helps them as they can then borrow against that at a bank for things they need to improve their crops. The farmers are treated better and receive better prices. This is not a company that you should expect to see go up 1,000% - it is a solid company who can sell all the coffee they can buy and have been adding countries from which they buy.
There are over 17,000 stocks and this is one the some who appreciate the business model really like. I guess it is not for you and suggest you pick another stock instead.
One particular type of Jamaican coffee - Blue Mountain - the highest priced coffee, has to age for 3 months before it is shipped. (this coffee sells for $800,000 per container vs. $80 per container form Ethiopia). This means the revenues from this first shipment of Blue Mountain variety will be 3 months later than someone thought so obviously they sold for now though they will likly have to pay a higher prcie later as teh company will soon sign the 4th coutry. This gave others a lower price buy yesterday. The PNG coffee shipments are on schedule and the Ethiopian coffees had their fist 3 containers reach America recently. The company will be updating their website to keep investors much better informed.
People who no longer want to keep a stock sell it and do not visit message boards.
Company confirmed it is on track to do the revenues we have talked about for a couple of months.
Yes their was a conference call yesterday and all going well. They will make some PR soon.
From the Ethiopian contract 3 containers so far have come to the USA 38,000 lbs each.
They are trying for up to 50 containers from there in 2008. They can sell all the coffee they can buy.
For Blue Mountain Jamaican coffee they plan to do from 6-8 containers. This coffee sells for 10 times more than Ethiopian coffee
for 2008 they expect revs from Jamaica and Ethiopia alone to be at least 10 million.
On the green bean coffee their margins are about 30% and our revs estimate for 2007 seem about in line.
They are speaking with two other companies about the subject of acquisition as of course they want to do more roasting as margins are higher.
One additional country they are working to finish the agreement. You know the CFPC is direct from farmer so they work with co-ops and takes some time to complete all. They also working on 5th country. The recording of the call will be up soon.
It seems the revenues will be in line with our report fmr a coupld of months ago.
An article on ATOMPROM
First, and apart from the subject of this post - as was in the newsletter - this selling is Naked Shorting and they will not be able to cover using 144 stock as the stock they think was registered was not. They think warrants and converts may be coming due but they will not be issued as stock this year. They are criminal short sellers with no stock to back their selling. T
The company is cooperating with law enforcement officials and you can count on there being a significant short squeeze.
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Now the article
http://www.rosatom.com/en/comments/5397_09.07.2007
– Unlike its foreign analogues, Atomenergoprom will be a unique company uniting the whole technological chain
The establishment of Atomenerogprom is the first real step towards the reorganization of the sector, a step towards united management system similar to the Soviet-time Ministry of Medium Machine Building.
The establishment of Atomenergoprom is a very timely step: today, companies worldwide are actively uniting into big export-oriented corporations. For example, Toshiba, who merged with Westinghouse last year, is now going to establish partnership with Kazatomprom (Kazakhstan) so as to obtain an additional source of long-term uranium supplies. This example proves that the competition on the international market of nuclear technologies is quickly growing.
However, unlike its foreign analogues, Atomenergoprom is a unique company uniting the whole technological chain – from uranium mining to NPP decommissioning. This is our competitive advantage and we must use it right now. I think that we are moving at the right pace.
As regards appointments, I think nobody has been surprised. It was quite easy to foresee who would be placed at the head of the company. I think that these appointments have shown who will be later named to manage the nuclear corporation that will embrace Atomenergoprom and nuclear weapons companies. For example, it is obvious that the head of the Presidential Administration and the chairman of the Board of Directors of TVEL Sergey Sobyanin will be among the managers.
As you see - it has a good day Friday
We have turned around as it is so under priced to its value. On Thursday it looked like it may need to test the bottom to make a double bottom but as it had good volume on the recovery we may be good to go. Lets see who we do by Wednesday. There was one big seller last week 235k and 113k aprox - so they are out of the way. The stock was at about $1.60 before the Deidrich first announcement so to return there and back above the 50-day EMA should be our first goal.
Words about the short attack - was in today's newsletter
NNRF is now under a very heavy short attack. Not simple normal short selling that is a good part of the market but an all out attack planed by a group to try and force the stock price down using brute force and naked short selling so they can sell more shares than actually exist. It is criminal but there seems now the only way to fight back is to buy back.
http://shortsqueeze.com/term/nnrf-stockshortinterestsellingpositions-nuconrfinc.php
This site shows the reported short count at the end of June of 381,000 shares. This of course does not show naked shorts as they were illegally recorded only as sales. The true short position now must be well over 1 million shares, maybe two as we can suppose from the volume this week alone. This gives us a strong idea that there are many more shares in trading than actually exist. If every stockholder were, as an example, to ask their broker to send them the certificate of their shares, as there are only about 4 million real shares in the float, we would be assured that no one could short against real stock and only illegal short sellers could do so. They likely are using Canadian or other off shore brokers, and they would be able to continue to short only naked and it would be very clear. The price of a stock is based on supply and demand so if there is more demand the price rises if supply is the same. A naked short seller is selling stock that does not really exist but it goes into the system just the same so artificially creates more supply so the price drops as the supply now outnumbers the demand. We know there are only the 4 Million real shares but if the crooked short seller makes 1.5 million naked short sales there are now 5.5 million shares in the system. Like in musical chairs, the music will stop and all will scramble for the real number of seats (shares) and this a a real short squeeze.
http://www.buyins.net/tools/short_list.php?dys=%3E12 This site shows a list of stocks that have been on the Naked Short SHO list. You see that NNRF has been on it for 41 days. Market makers are allowed 5 to perhaps 13 days to deliver the stock and over that it is not legal so the market makers are selling stock that does not exist in hopes of buying back some in the future if they could panic any real shareholders to sell it to them. The SEC could on the other hand enforce the rule and simply pull the licenses of market makers or broker who are breaking the law but as you see they do not. There are a lot of articles about this such as http://www.ncans.net/manipulation1.htm The buyin.net site lists NNRF in the category Buy In Eminent. - meaning at any time a short squeeze may start.
We know that NNRF has about $200 million in backlog orders at ATOLL and have a bid in for a very likely $100M for the same buyer. In the last quarter ATOLL had a net on revnues or of 26%. On $300M that would be $78 million. As NNRF received 50% - $39 M would go to them or about $1.00 EPS - however we know that these contracts are not all for this year but we also know that there are of course many more contracts expected as they just announced a major Joint Venture this week. If only half came to NNRF of that or $39M - that is still $0.50 EPS (not including any remediation income that the company said would start in the fourth quarter, or any FEECOM/BIECOM which we believe will be huge, any of the major G-8 contracts or nuclear waste storage etc.) This is all to say that the real stock price is terribly undervalued (under priced) in my opinion and when we can squeeze the naked shorts out the stock will return to its excellent growth. We of course hope the regulators will step in but they have a poor track record. Last month the SEC Chairman Christopher Cox called naked short selling “a fraud that the commission is bound to prevent and to punish.” Well here is a chance for them to step up and and do what they say they should. It is hard for some funds to buy a pink sheet stock and some that can have a problem under $5.00 as it is in their rules. We were there only 7 days ago and I think when the stock gets there again there will be even greater upside volume than before.
It seems the shorts are betting they can pull off this crime and cover using what they think are warrants and/or convertibles that could come due but they are wrong as none will be coming this year that could be sold. They may also have figured that they could use the about 1.25 million 144 shares that they heard may be registered. These shares however were never registered so will not and cannot be sold. As the stock now is at the 200-day EMA near $3 and one of our typical buy points, we retail buyers may be enough to spark others to move back into the stock and start the short sellers to cover. Obviously if everyone here bought 2,000 shares the stock would be back to or over $10 but that is a short term situation as support comes from strong shareholders who keep buying any dips. I do not think it will not be too long until it moves to major exchanges and that will open the door to many more funds who now cannot buy because of being on the pink sheets. When listed on the London exchange I think the buying will be sustained as the Europeans have much greater interest in Nuclear plant building and especially nuclear waste clean up and of course nuclear shielding as that is the law in 2010. Also we expect listing on the Russian exchange later. Those situations are not far away but today we do have this short attack going on. It is vicious and these criminals care for nothing but money even though their actions are illegal. We hope that all see what we do and support the 200-day EMA to reverse the direction as the indicators predict will happen soon. The company work continues regardless of the current share price and they are building much shareholder value that will be more evident as the time passes.
Let me mention the two significant news items this week.
The first on Monday was about a dividend to NNRF shareholders as of July 1. NNRF is acquiring ROAR and following the acquisition, ROAR will be divided into two companies: a welding production company that will be known as "ROAR', and a fuel cell production company that will be known as "H-XCELL'. The proprietary hydrogen fuel cell technology and patents currently held by ROAR will be transferred to H-XCELL at the closing. NNRF will issue its 50% ownership in H-XCELL as a dividend to NNRF stockholders of record as of July 1, 2007. This dividend will occur in the second half of 2007 NUCON-RF, Inc. Announces Stock Dividend to Shareholders of Record http://biz.yahoo.com/pz/070709/122547.html
I was at the ROAR offices last Monday and you can read about this on the message board. The picture on the left is the smallest model of their unit for welding and cutting and brazing. In this picture you see a small welding head but you can use of course the full sized ones used in all aspects of welding and cutting. This replaces the need for those large tanks of acetylene and oxygen. With this technology you take off the green cap on top and fill it with water, plug it in and it makes the fuel as you need it so when you turn it of there is no danger as there is no gas and the waste is only water. You may have seen some units on the Internet before but this is not an experimental model. ROAR has about 33% of the Russian and CIS market for torch heads and equipment so their units therefore are produced for the serious manufacturer, shops and anyone now using acetylene or other fuels. Countries such as Turkey as example who have to import all fuel has standing orders once certification for that country is finished and production is ramped up. In Russia and the CIS there are 600,000 users of acetylene/ oxygen so only converting 10% over is a ton of units and that is not courting other parts of Europe or Asia.
ROAR has also developed working prototypes for heating and air conditioning units and has coupled multiple units in series to demonstrate the proof of concept of their units to power a mid-sized vehicle. NNRF has commenced working with laboratories in Russia and Israel, universities, and industry partners to develop multiple applications of the units manufactured by ROAR.
The Second was huge news
NUCON-RF, Inc. Announces Formation of Joint Venture With Russian State Company http://biz.yahoo.com/pz/070710/122648.html
You can read the message board where I wrote more on it but as you know the Russian government has formed what will become a massive nuclear holding company ATOMPROM. NNRF already had strategic relations with two of the top four pillars of ATOMPROM. Rosenergoatom (ROSATOM) who operates all Russian nuclear plants and Atopmstroyexport the exportation arm of nuclear equipment and technology. In the announcement TVEL (the nuclear fuel company with 40,000 employees) and Atomenergomash (machinery building component of ATOMPROM) are identified as two of the four main components of the newly formed Russian state nuclear energy company ATOMENERGOPROM (ATOMPROM) ..."
This means now that NNRF and therefore ATOLL have agreements with all four of the main components of ATOMPROM. This is really very big news. Nucon has the highest ranking company leaders and is totally aligned with the top nuclear enterprise in Russian. ATOMPROM is to become a world leader in nuclear in the way GAZPROM has become so in the natural gas field. (I believe GAZPROM is now the second largest market cap company) and ATOMPROM is modeled after it.
Remember who is in this company:
Chairman of the Board: Larry McQuade, JD. Formerly Vice Chairman of Prudential Mutual Fund Management and Executive Vice President with W.R. Grace & Co.
CEO: Prof. Valery Lebedev, PhD, Russia's former Deputy Nuclear Power Minister
Victor D. Akhunov, former department head of the Department for Decommissioning of Nuclear and Radiation Hazardous Facilities of the Federal Agency for Atomic Energy of the Russian Federation. As was written in a former press release: "Mr. Akhunov is recognized as the most knowledgeable and experienced expert on current and future decommissioning projects in the Russian Federation by the European Union and the European Bank of Reconstruction and Development and the donor countries of the G-8. Mr. Akhunov has been involved since inception in the planning and execution of the projects located at Andreyeva Bay, Sayda Bay, Gremikha Bay, the nuclear storage vessel LEPSE in Murmansk harbor, and the decommissioning projects in the Far East at Valadivostock.
And Advisor to the company: Professor Valery Zubov, Ph.D., Member of the Russian Federal Parliament Committee on Credit Organizations and Financial Markets
You know that the G-8 countries have pledged so far to fund at least $4 billion for the remediation of 3 nuclear contamination sites in Russia. You can Google each of these and learn much about them: Andreyeva Bay, Sayda Bay, and Gremihka Bay.
The G-8 in another extended project pledged $20 billion forDecommissioning Nuclear and Chemical Weapons http://www.defencetalk.com/news/publish/wmd/G8_Decommissioning_Nuclear_and_Chemical_Weapons170011622.... NNRF is not as much involved in weapon decommissioning directly but but all nuclear waste has to be stored for a very long time and NNRF is involved there.
You know a general review of Nucon was done by OTC Stock Review and is available in a PDF file here: OTC Stock Review on NNRF http://www.otcstockreview.com/Files/NNRF/nnrf_review.pdf
As you see on the chart below, the stock price it is now very near the 200-day EMA one of our usual buy points and RSI is under 30 while stochastics are under 20. As RSI moves back over 30 and stochastics moves back over 20 our buy signal will be confirmed. As always you set stops with any stock at a level you are comfortable with but good risk reward as we know is either buying as near as support as possible or in buying as close to a break out as possible. I know some. like me, bought near the 50-day EMA and it did not hold so some had close stops and were stopped out. I held - as frankly I did not want to add to the sell off and figure it will not be long until it is back over my buy price anyway.
This is like a war with the bad guys, the illegal naked short sellers who want the stock as low as they can and the longs who legally are buying real shares. Speculation that Warren Buffett may be interested in HOV started a short squeeze in that stock on Friday. He may not yet be talking NNRF yet but we think it is time to teach the shorts a lesson for NNRF and start our own short squeeze. I am not a broker and can give no advice so do your own due diligence. Can you imagine if the first 1,000 people reading this were determined to end this criminal short selling attack and bought 1,000 shares each day next week. That would be 1 million a day and that would go a long way in braking this attack. Of course it could take a couple of weeks but continued support would break them over time. The higher the price goes, as long as it is within reason and does not get out of hand, not only is good for the shareholders short term but long term as well. The company has made 2 acquisitions and has two more in the works now and we think there will be more. A higher share price means the company can use less shares to acquire more solid companies to add to their abilities to fulfill needs in their area of expertise. I cannot know but would hope and actually expect that NNRF would continue to reward shareholders with dividends such as they will be doing with the ROAR acquisition in further acquisitions as well. To find over time to be a shareholder in many companies as a gift from NNRF would be great. So here is the chart and I for one will be buying as I want to support the stock and fight the shorts as the government is doing nothing so far about it. You can watch the stochastics and RSI for further confirmation of a upturn. I expect now more funds will be buying this time when it moves back over $5 as many have called with the news this week about the Joint Venture. You know my phone number is on the story stock page if you have questions. I am in Moscow but that is a USA number that connects here and we are 8 hours ahead of NYC. I want to show these shorts the support of this company and its future and take them out of the equation completely. (the normal everyday shorters are fine as they help supply liquidity) but these bandits who are trying to kill this stock price with naked shorting are felons - they really are. We want a strong company for many years to come not for only this month or year. Hope we can show them what we are made of.
Now at the 200-day EMA support. RSI and stochastics will move up to confirm reversal and time to get on board.
Noticed on another board
Noticed this posted on another board:
11 July 2007
Investor relations told me it might only be 5 more days or so until OTCBB approval. Let's hope! Below is their reply to my e-mail.
Ted,
We have not heard anything from the NASD yet. Since we are
approaching the end of the standard response time period, I am hopeful
that we will hear something within the next 5 days or so.
First Capital Investors, Inc.
Investor Relations & Capital Markets Advisory
j-boy60_a it says July 1
So I would assume if you owned the stock on July 1 you will get the dividend.
It will be a while as they need to close the deal and other steps - but a nice bonus Will come - and we hope many more
On The dividend ..
2create,
Yes by announcing the dividend after the fact some who may have sold a few days before lost out. Hopefully the two acquisition in the works will have the company repeat this same situation and gie shared to us who hold long term.
It would be very nice to find that after some months that we who hold the stock end up with shares in a few other companies as a free bonus.
The announcement yesterday was super. I know some have seen hydrogen torches on the Internet but garage mechanics or small ones made for jewelry making. The units ROAR have are for the real world - industry - manufacturing, repair and so forth. Remember on the welding/cutting side of torch heads ROAR has about 33% of the RUSSIAN and CIS business now so they are big players in this filed. Their machine is proven and reliable and selling now. This along with their other technologies in development for transportation and heating could allow them to become the size or larger than NNRF itself.
Those here long term know already know
Many like 2create have been involved here for a year or so and remember the May 23, 2006 PR -- "NUCON-RF, Inc. Enters into Consortium to Provide Product and Services to ROSENERGOATOM."
At that time the formation of ATOMPROM was an idea and this strategic partnership with ROSENERGOATOM. NNRF has also formed and alliance with Atopmstroyexport who is the export branch of nuclear technology.
In todays announcement TVEL and Atomenergomash are identified as two of the four main components of the newly formed Russian state nuclear energy company ATOMENERGOPROM (ATOMPROM). As a point of interest - TVEL has over 40,000 employeees - this is a large firm.
So Nucon now has solid partnerships with ALL FOUR of the major components that make up ATOMPROM.
You just cannot get any higher than this. Some people in the past wondered why ATOLL agreed to sell 50% of itself to NNRF and it is this kind of incredible JV that they could see in the plans months ago. In other words ATOLL by being with Nucon has greatly increased their standing and opportunities and income and this JV is really great. Remember that ATOLL also has a design bureau so not not only a manufacture.
"This joint venture agreement demonstrates the commitment of both parties to developing a long-term strategic and industrial partnership. "
This is really top shelf.
The joint venture is anticipated to provide ATOLL/NNRF with access to new orders not only for nuclear reactors, but also for nuclear waste disposal facilities nuclear waste disposal facilities , floating nuclear power plants currently under construction in China, and other facilities of the Federal Agency of Nuclear Energy (Minatom) http://www.minatom.ru
The words in bold just above points to an area we have not yet talked of much ----- we will
NUCON-RF, Inc. Announces Formation of Joint Venture With Russian State Company
Tuesday July 10, 9:30 am ET
MOSCOW, July 10, 2007 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (Other OTC:NNRF.PK - News) today announced that it had completed a key strategic initiative by entering into a joint venture with the Russian company Atomenergomash to jointly meet the growing demand in the nuclear power plant market for power generation, both in Russia and abroad.
OAO ``Nuclear and energy machinery building'' (Atomenergomash) was established in 2006 as a 100% affiliated company of TVEL Corporation (http://www.tvel.ru/en/) for the management of nuclear machinery building capacities. The founder of Atomenergomash is TVEL. TVEL and Atomenergomash are identified as two of the four main components of the newly formed Russian state nuclear energy company ATOMENERGOPROM (ATOMPROM)
http://biz.yahoo.com/ap/070709/russia_nuclear.html?.v=1
A joint venture between ZAO ATOLL, which is 50% owned by NNRF, and Atomenergomash has been finalized under Russian law - registration number: 1077847311717.
This joint venture will become a division of Atomenergomash. Atomenergomash is to become the machinery building component of ATOMPROM. ATOMPROM has been modeled after GAZPROM, the company that has successfully consolidated Russia's oil and gas assets into one of the world's largest corporations from a market capitalization perspective The newly formed ATOMPROM is intended to become a world leader in the development of nuclear power.
NNRF believes that this joint venture will play a pivotal role in the construction of two serial nuclear reactors per year, generating not less than one gigawatt each, with an efficient construction period of a maximum of five years and as much as a 10% reduction in costs.
NNRF stated that this joint venture is anticipated to substantially add to the current operating revenues of ATOLL. The Company added that it believes it has the potential to position other intended acquisitions of NNRF into similar joint ventures with components of ATOMPROM.
This joint venture agreement demonstrates the commitment of both parties to developing a long-term strategic and industrial partnership. The joint venture will focus on the growing nuclear power plant market in Russia, while also participating in the development of power plant projects abroad utilizing the technical resources and proprietary technology portfolio of ATOLL/NNRF to provide services for the entire nuclear cycle; including decommissioning and final disposal of nuclear wastes.
The joint venture is anticipated to provide ATOLL/NNRF with access to new orders not only for nuclear reactors, but also for nuclear waste disposal facilities, floating nuclear power plants currently under construction in China, and other facilities of the Federal Agency of Nuclear Energy (Minatom) (http://www.minatom.ru).
The joint venture will be located at Izorsky Works, the largest industrial enterprise in St. Petersburg, Russia
About NNRF:
NNRF is a U.S. corporation with executive and operations offices in Moscow, Berlin and Washington. NNRF offers design and manufacturing of specialized products for nuclear reactors and nuclear waste management; proprietary nuclear shielding, decommissioning and decontamination technologies; and engineering/design services for a range of environmental challenges. NNRF owns manufacturing facilities and provides both equipment and services for nuclear power plants and compliance, shielding, transport and interim and final storage requirements for government agencies and nuclear service companies. NNRF also owns or licenses proprietary leading edge technologies which provide NNRF with a market edge in manufacturing, design, engineering and services capabilities. NNRF's management team has extensive industry and government service including extensive in-house expertise in all aspects of radiological protection and radiological waste management. NNRF has entered into strategic alliance agreements with government agencies of the Russian Federation. Access through NNRF's strategic alliances to key processing and disposal facilities in the Russian Federation enables it to complete a broad range of projects efficiently and cost effectively. NNRF believes that this access provides vertically integrated services that distinguish it from competitors. NNRF manufactures nuclear power plant equipment in Russia and has multi-year sales contracts for a significant portion of current production with ROSATOM, the owner and operator of all Russian nuclear reactors. NNRF also provides products, services and proprietary technology based solutions through its strategic alliances to multilateral and bilateral funded projects located in northwestern Russia known as the Northern Dimension Environmental Partnership (NDEP). This area contains the largest repository of spent nuclear fuel and radioactive waste in the world. The projects involve the decommissioning and disposal of nuclear powered naval vessels of the former Soviet Union. The projects are funded by G-8 member countries. NNRF currently is expanding its marketing to include the European Union, China, India and North America in 2007-08 through strategic marketing partnerships with multinational energy service companies. NNRF is currently engaged in the due diligence phase of potential further acquisitions in 2007-2008 which are intended to substantially increase its current asset and revenue base.
Safe Harbor Statement:
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potential and other prospective presentations by NNRF. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. NNRF undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in NNRF's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
Contact:
NUCON-RF, Inc.
Shareholder Relations
(818) 610-2028
JER01,
We did not discus this today much as this is being worked on but for transportation you can use part gasoline to produce enough power (generator) that in turn makes more "hydrogen gas" than the gasoline needed to produce the electricity.
I can ask more on this and will but this is still in development.
While this flame is burning by the way it has no big smell like other gases do and the residue is only water. It is a very green technology.
Yes - you were a shareholder
And as it says stockholders of record as of July 1 and you were.
I know the details are not clear as to the value at the moment but in some time you will learn more or ROAR - and most interestingly what will be the new company H-XCELL - The proprietary hydrogen fuel cell technology.
You can see that to replace the need for big cylinders of acetylene and oxygen for welding and cutting with a tiny box you plug into the wall is fantastic as it only needs water and makes its own gas.
But this same technology can be used in heating and transportation applications.
Will have more on ROAR later
I will have better pictures of a few other units tomorrow.
Met today with the CEO of ROAR
Amazing
This unit is the smallest and is shown with a small handle but you can also use the full sized one like you use for metal cutting and welding.
This uses water and electricity to product its own gas so is 1/4 the price of acetylene and oxygen to use.
'tryintoclimb' about Global Matrechs
You asked what I thought of the company
No management. No marketing. No real Board of Directors. No operations. Nothing except two licenses which are controlled by Caymen Interests who when googled read like a lawyers dream. Death spiral financing. 300 Million ++ shares outstanding.
We know that the company has a license from another company to sell NUCAP but it would be made and delivered by yet another company. I do not follow GBMR so do not know how they will make a profit.
Thanks for asking though ...
tryintoclimb - GBMR
I put your answer on the GBMR board
"What do you think of GBMR at it's current price"
tryintoclimb about NUCAP
NNRF only licenses NuCAP. It has nothing to do with HNIPU.
The 250 metric tons was the estimated amount for existing projects in which NNRF has contractual relations (Andreveva Bay, MCC, Saida Bay, etc. etc.) There are no existing projections beyond that as engineers are currently conducting final engineering analysis.
NNRF is of course is a participant in all of the projects and now Mr. Akchunov is with NNRF.
Mr. Akhunov is recognized as the most knowledgeable and experienced expert on current and future decommissioning projects in the Russian Federation by the European Union the European Bank of Reconstruction and Development and the donor countries of the G-8. Mr. Akhunov has been involved since inception in the planning and execution of the projects located at Andreyeva Bay, Sayda Bay, Gremikha Bay, the nuclear storage vessel LEPSE in Murmansk harbor, and the decommissioning projects in the Far East at Valadivostock.
An initial $4 billion dollars has been pledged for these major projects, which are anticipated to continue through the year 2015.
Mr. Akhunov's primary responsibility with NNRF is managing the relationships with multinational nuclear service companies, the Federal Agencies of Nuclear Energy of the Russian Federation and with the European Bank of Reconstruction and Development as the disbursement agent for the G-8 in the decommissioning projects, both current and future, in the Russian Federation.
Payments from ATOLL to NNRF will show in the next quarter filing
NNRF filed its FORM 10-SB (Amendment No. 2) and included a statement about earnings ending March 31,2007 but ATOLL did not report earnings until June 4th.
http://biz.yahoo.com/pz/070604/120748.html
ATOLL pays NNRF a month after ATOLL's quarter ends
ATOLL first paid NNRF a minor amount of about $247,000 in this past quarter as during that quarter NNRF only owned 13.25% of ATOLL. That payment was likely received in April per agreement so will show up in the next filing for the period ending June 30.
The larger $2.5 million payment will be due in July so will be in the NNRF filing for the quarter ending September 30 and so on.
Here is the PR that explains that:
http://biz.yahoo.com/pz/070313/115397.html
And an excerpt from that:
Under Russian corporate law, NUCON's participation in ATOLL's profits will be received in the form of quarterly cash dividends from ATOLL's operations. In April 2007, NUCON intends to receive its first dividend of $247,000 from the 13.25% of ATOLL it owned of record as of the end of the fourth quarter 2006.
Quarterly cash dividends for 2007 on wards will reflect NUCON's 50% ownership in ATOLL.
___________________--
BTW someone asked about 144 Filing and sales. Once the restricted period of 144 stock is over the holder can have it registered. This does not mean that they intend to sell it but that they are allowed to by law. I guess any of us if we had a choice would rather hold stock that we could trade vs stock we could not trade. In so far as stock held by Barry Davis I understand that he has sold no stock of NNRF at all and has no intention of doing so.
Congratulations robertporter and welcome.
I am glad that you are a shareholder and congratulate you on seeing the opportunity with this company so early on. You have done very well and must be up at least 500% from a year ago purchase - very nice going. You had the faith to hold on last autumn when many did not and you have been well rewarded but I think the real growth has now begun and is just at the early stages. I think that you will be very pleased with the company in the coming months as you have been the past.
They are involved in 3 acquisitions that will add to their earnings, diversity of services and the overall scope of the company and some may be a little impatient now but give it a bit of time and I think you will continue smiling.
I believe the shares you speak off were mostly all registered in June as that must have been the dates on the certificates. Regardless the price has stayed even and the float may have increased a bit which is one thing we need as talked of in the past.
robertporter
Interesting that you have read all the posts, say you have owned the stock for a year yet only created your profile today and ask questions that have been answered many times over...just what I was saying. But I will answer anyway as there is a chace that you have just been shy these last 12 months.
You asked why would NUCON give shares.......
As everyone knows who have read much - Mr. Davis bought shares from a third party back when the company had no real income he was not given any shares and is not connected with the company other than being a shareholder like most of us here. So your Major Question is now a moot point.
If you would read some of the past posts and PRs about the leaders of this company and their world recognized credentials I think you will begin to understand the great interest in the company, its products, services and technology. Look at the strategic alliances it has formed with the highest level nuclear companies. Look at a principle adviser and what his job is in the Russian Duma (similar to the US senate).
If you miss the point or do not like the company than sell your stock. Pretty simple. You can then wait to buy it back if you wish over the break out price as it does have resistance at about $10.09 and needs to close above there to be back in "clear air".
BTW - you see that most 144 stock has been eligible to be unrestricted for about a month and the price has stayed stable. Some was sold but most of that was done in a cross trade so did not change the market price.
Serious investors generally call or write the company or the the persons listed on the bottom of each press release if they have real questions.
As usual first time posters so often do not read
Every so often we do get a serious first time posters and that is great but so often it is someone who only registered to come and say something rather dumb about the company or the ask questions that have been answered in detail here in the past. So often though they ask things that are very clear in many press releases from the company so we know they never even read a PR.
ATOLL was doing pretty well with their design and manufacturing. They felt though (I believe) that they had not much chance of expanding into China, Europe other parts of Asia and the middle East as example. They well knew the CEO of NNRF as he ran the Nuclear plant in St. Petersburg in the past and was the former Deputy Minister of Nuclear power. NNRF had strategic partnerships the Russia operator of all the nuclear power plants and NNRF is an American company and were willing to give USA stock to a Russian company. With all the resources of NNRF if they were to only help ATOLL to say double their business then giving up 50% would just bring them to the same position as they were before. But they also realized that on top of this they could receive Cash of more that $2 million and become a major shareholder in NNRF wich in the furture could be worth a huge sum.
Some of our basher posters or first time posters cannot use there head it seems and figure out to what advantage being a major shareholder in NNRF could do for ATOLL besides increase their revenues and therefore earnings. It also gave them access to an area they had no experience or expertise in. M&A. If our new-to-this-board posters bothered to even read any of the past press releases they would find that ATOLL plans to participate equally with NNRF in two of the acquisitions (JSC Electroprivod and Velkont ) that are in th works now. ATOLL on its own could not have put these deals together.
Remember that this is only a few months since NNRF bought 50% of ATOLL. Seems to me that ATOLL has made a very lucrative deal. NNRF receives 50% of the net income from ATOLL but ATOLL receives a much larger total revenue and are a major shareholder in Nucon and are about to become partners in two acquisitions as well.
Serious investors can call me as they know - my number is on my special situations page. As an investor with NNRF since last September I have kept up with most all the activities and because I have lived in Russia for many years I am quite familiar with business here and have perhaps a better understating that people who do not live here.
I like to tell real serious people about the company as I know it but to keep reponding to these posters who do not do any rel research on their own and only come here to bash and look foolish is a waste of time.
People who bought restricted stock a year or more ago have the right to have it registered as free trading.
I guess everyone here would prefer to have free trading stock instead of restricted even if we wanted to hold long term.
All stock trades some up and down and if you hold only restricted shares you can never sell from higher and buy it back lower. All of us here as example saw the high of $5.75 and low of $5.25 and we all can trade in an out as we please.
Previous 144 holders who held for the year has just as much right as anyone once it is registered.
The free trading float of the stock is now only a bit over 4 million shares so not enough for any major institutional buyer to take much of a position.
Any shares that come into the market are a benefit as they make the stock more attractive to funds or other long term investors.
Sure - they did
Scam said he did 3 days of D&D but guess he missed the 50% part.
"otherwise ATOLL would have to give NNRF half of it's $5M net."
Exactly -- that is what they do
"4 million shares of NNRF were only worth about $3M in march "
Today they are worth $22.4 Million and when NNRF stock is at $30 they will be worth $120 million. Sounds to me that ATOLL got a good price and it keeps getting better. Plus ATOLL with NNRF's connections have greatly increased their sales book and it has only been a few months.
it has only been a few months.
ATOLL will be able to export and they were not able to do that before and ATOLL still has 50%. This was a win win - good for NNRF and for ATOLL.
Dilution is often not a reality and misunderstood
Generally dilution is the same amount of income but more shares so the income per share is diluted. Example would be if a company had to issue new shares to raise money to build new offices. In the short term at least this would not add to earning so would dilute the current earnings.
If a company issues more shares yet increases the income sufficiently to increase its income per share (including the new shares) it is called accretive.
NNRF had small income at the time it paid $2,165,000 in cash and four million shares of common stock to buy 50% of ATOLL.
Well ATOLL in the last quarter reported a margin of 26%. They have a sales book now of about 200M so if they keep the same margin that would be $62M in gross profits and half to NNRF. This is only an example but you can see that even if they had to issue new shares it sure would not have been dilution but accretive.
NNRF now has 3 acquisitions on the table and all of these companies are making money so I believe they also will all be accretive to earnings per share and not dilutive.
The reason a company goes public is to be able to use shares to expand. ORCL has 5 billion shares MSFT has 9 billion. Both companies used shares to buy other companies so they could grow and increase earning and shareholder value.
So more shares if used properly, like they were in the case of buying ATOLL, is exactly what shareholders want as that is real wealth building.
It has another value also and that is to increase the float as when NNRF gets listed on the AMEX and AIM and perhaps other exchanges it will surely have to have more floating shares for larger funds and other institutions to take good sized positions in the company.
We also well know that ATOMPROM is on an acquisition hunt to buy up as many companies it can to put under its umbrella. It seems to me that at some point owning many companies in the nuclear field will put NNRF in a very good position in more ways than one.
To make it clear
Actually I heard the iceman comment also and he did not use the word contract. Also remember that he is a private shareholder and does not represent the company and he has a lot of enthusiasm, as many of us do. I think it great to share enthusiasm but wording can get confused in a short comment. Obviously he may have heard some good things from a third party but lets not talk about real details until there are some from the company.
Stochastics back over 20
This was very oversold with the candle below the lower band and the RSI under 30 and stochastics under 20.
and the stock has a hammer last night a normal reversal candle.
We know that news may still be days or a week away but stochastics have now moved back over 20 and my common signal to buy as I show so often
here is the chart
http://tinyurl.com/28jlny
A note on ROAR
Think I had not passed along the website of ROAR a company NNRF is planning on acquiring.
From the past PR:
"ROAR is one of the leading companies in Russia and the Commonwealth of Independent States (``CIS'') in the production and distribution of oxy-fuel equipment. ROAR specializes in the production of high quality, low cost equipment used in all facets of the cutting and welding industry. The product line includes gas welding, gas cutting, gas heating, electric arc-welding and related products. ROAR currently produces 33% of the oxy-fuel equipment in the CIS.
Russia has approximately 135,000 miles of pipeline. According to OSS Rosneft, more than 93% of this pipeline is more than 10 years old and more than 68% of this amount is in excess of 25 years old. As a leading oil and gas exporter, Russia needs these pipelines to be constantly maintained and replaced as required and this maintenance replacement program heavily involves the use of cutting and welding equipment.
A key component of ROAR's business is the development of a proprietary technology utilizing hydrogen, in lieu of traditional fuels and gases, to power cutting and welding torches as well as regulating equipment. Hydrogen is a highly efficient and environmentally safe fuel. Utilizing electrolysis, one of the most common technologies of producing hydrogen, ROAR has developed a proprietary, portable, compact unit that uses a hydrogen-oxygen mix of a pressure under 0.5 kg/sq.cm to create energy (fuel). This proprietary development eliminates the costly, dangerous, difficult to handle fuel tanks currently used in the cutting and welding industry. The green proprietary production process creates a waste material of completely pure water and simultaneously powers cutting and welding torches and regulating equipment without the use of fossil fuels. This proven and environmentally safe proprietary technology has applications in the medical, transportation and heating sectors, and management of ROAR has stated that there are present applications in heavy engineering, power engineering and industrial and civil construction."
"The audited financial statements of ROAR reflect revenues of US$6.544 million in 2006 and have been prepared in accordance with generally accepted accounting principles in the United States. ROAR is projecting a significant increase in revenue in 2008 provided sufficient funds are made available to expand current operations and make several key acquisitions which are currently under consideration."
The website does not yet show the Hydrogen technology they are developing but here is their website:
http://www.ruar.ru/main.php
Here is a machine translated home page
http://tinyurl.com/yuk8zt
scorry number shown on level II means nothing
On OTC and pinks stocks there is a market maker who sets the bid and ask price and they do not show the full orders so I guess the one for NNRF mostly likes to put 500 in the space - it means nothing.
The company is in the comment period with the SEC and the SEC asks questions and NNRF makes amendments - they have done two and the last was June 15 I think - the SEC has up to 30 days each time to finish or ask more questions. When done they can apply to move to AMEX.
scorry
The AMEX has many exemptions -
as the company has annoucned it intends to file and also for AIM as I said in the last note.
........
Here is the chart
http://tinyurl.com/2h66oj
Yes scorry
They meet the AMEX listing requirements
and Nasdaq I believe.
I have heard from brokers that a listing approval on the London AIM exchange can be faster if one is already on the AMEX so the AMEX may be a better choice than NASDAQ.
bdr613 road show
I have no official information but believe that London, Paris and Switzerland are places where one can meet major banks and fund managers.
It is 5 AM in Moscow so too early now but later I will call the company and see if they left any official word about the trip.
62% retrace
I noticed that not only is the stock at the Fibonacci 62% retrace but at its trend line from the break out and at the 200-day EMA as well.
With all this going the stock price will for sure be much higher next week than today.
I added today and will tomorrow also - we know this one can run up pretty fast but hopefully not quite so fast as the last time.
Well here it is
Read the PDF version...
http://www.otcstockreview.com/Files/NNRF/nnrf_review.pdf
OTC Stock Review Issues Report On NUCON-RF, Inc
NUCON-RF, Inc., with offices in Moscow, Russia, and Berlin, Germany, provides cutting edge solutions for the management of nuclear waste and power quality challenges facing the Russian, European, Asian and other markets. NNRF recently acquired 50% of ZAO Electro Machinery Building Plant ATOLL, with more than 200 employees. ATOLL had 2006 revenue of $43,137,000 and is expected to realize revenue of $120 million and pre-tax profit of $22.2 million in fiscal 2007. NNRF owns 50% of ATOLL, the maximum permitted under Russian law.
The Russian State Duma recently focused on legislation to create the necessary legal framework for the implementation of a federal target program for the development of the nuclear power industry, a very high priority for the country. Russian President, Vladimir Putin, instructed the Federal Agency for Nuclear Power to develop the target program and personally set the objectives of national importance. Presently, only 16% of Russia's energy is produced by nuclear power plants, as compared to 80% of France's energy. The current minimum goal is to maintain this rate, a difficult task to accomplish since Russia has only been constructing, on average, one nuclear unit every five years. The priority task stipulated in the federal target program for the development of the nuclear power sector calls for two plants per year to be built. The optimistic scenario aims even higher, calling for the share of nuclear power in the national power grid to be 25%. Russia's federal target program also calls for large-scale expansion in the global markets, both in the field of power plant construction (40 to 60 nuclear power plants are to be constructed abroad between now and 2030) and in the fuel sector. The huge Russian nuclear power system, which employs more than 400,000 people, is still federal property. Since it does not look like the government has plans to sell it to anyone, the country needs a qualitative breakthrough to strengthen its position.
Nuclear power now provides about one-third of the European Union's electricity supply, making it the world's most dependent region on nuclear energy. At the 33rd G8 summit, which took place from June 6 to June 8, 2007, a landmark decision was made to include nuclear energy as a low CO2 emitting energy source. This was an unexpected boost for the role of nuclear power in Europe, which is the result of a commitment to reduce greenhouse gas emissions by 20% and switch to renewable fuels. While discussing its dependence on oil and gas imports, European Union Energy Commissioner Andris Piebalgs said Europe needs to ``look at nuclear power and at renewable energy.'' Nuclear power plants generate vast amounts of electricity without emitting toxic carbon dioxide. According to a 2007 story broadcast on ``60 Minutes,'' nuclear power gives France, which generates nearly 80 percent of its power in nuclear power plants, the cleanest air of any industrialized country, and the cheapest electricity in all of Europe. For the first time in 15 years, a European country has begun construction of a nuclear reactor, and six more are likely to be built in the next decade.
Potential to Benefit from the Recent G8 Meeting
In addition to positive decisions for nuclear power, up to 2012, the G8 states will be providing a total of 20 billion dollars for the destruction of chemical weapons, the disposal of nuclear submarines that have been retired from active service, and the disposal of weapons-grade nuclear materials. Germany will be contributing up to 1.5 billion dollars to the cost of decommissioning and disposing of Russian nuclear and chemical weapons. This makes it one of the most important donor countries. Russia has the largest arsenal of chemical weapons worldwide, with declared stocks of 40,000 metric tons of chemical weapons. Under the provisions of the Chemical Weapons Convention of 29 April 1997, Russia has until 29 April 2012 to destroy all of its chemical weapons. Germany is helping Russia to dispose of these. In our opinion, with the knowledge of NNRF's management and advisors in this area, we would expect the company to benefit from this decision. Also, keep in mind that NNRF has offices in both countries.
NUCON-RF, Inc. Management
CEO, Dr. Valery Lebedev, is currently the Advisor to the Russian Minister of Atomic Energy and Deputy General Director of the Mining Chemical Combine at Zhelesnogorsk where NNRF Inc. plans on conducting much of its nuclear waste storage business.
Lawrence McQuade serves as Chairman of the Board for NNRF Inc. Mr. McQuade was the founding partner of River Capital International, a financial services business focusing primarily on Russia and Eastern Europe and the manager of the Volga Fund, an open-ended limited partnership investing in Russian securities. Mr. McQuade was also Vice Chairman of Prudential Mutual Fund Management, Inc., chairing all board meetings of each of the 39 open-end and five closed-end mutual funds with close to $48 billion of assets under management.
Victor Akhunov is Head of Decommissioning Projects for NNRF and a member of its Board of Advisors. Mr. Akhunov was previously a department head for the Department for Decommissioning of Nuclear and Radiation Hazardous Facilities, which is part of the Russian Federation's Federal Agency for Atomic Energy. Mr. Akhunov is recognized as the most knowledgeable and experienced expert on current and future decommissioning projects in the Russian Federation by the European Union, the European Bank of Reconstruction and Development and the donor countries of the G-8.
I mentioned in morning audio update
Of course this link will change on the next update
Ythe recording is nto on my site so I am not breaking any posting rules)
http://tinyurl.com/2zya4v
About the offer
As per the SEC filing
"" On June 11, 2007, the Company announced its intentions to proceed with a tender offer to acquire 3,000,000 shares, or approximately 66%, of Diedrich Coffee"
The key words to me are (its intentions} - Diedrich is a current customer so maybe they are not ready to make an official offer and they never stated that one was yet made.
It is quite common for companies to be officially quiet if they are in negotiations.