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I knew something was wrong when they did not get the first quarter earnings out in time. I thought Todd had all that fancy software in place to have real time accounting information on line to get out the earnings on time. If my memory is correct they had a PR on this. So much for that PR just like the rest they were misleading. So I called Todd & Jim a couple of weeks ago to discuss the earnings. They did admit it was a stupid thing to miss the earning dates. Problem why do we as shareholders have to suffer for their actions??? Does anyone think we can get anything out of Atoll if NNRI goes in the tank???
You were .04 from the bottom. You have done better than me.
Everytime I bought some in the past couple of months it just kept hitting new lows so I stopped buying and it still goes down.
It looks like the way the stocking is trading that the financing will be at .10 or less when they issue more stock. I guess the debt financing they told King they had back a few months ago probably turned into equity finncing. I bet some rich Russian is going to buy most of it up and then control the company for a song. This has been my worry all of along and the management & IR person have said this would not happen. I think I might be right. Again I am an idiot. I fought the tape and listen to the management, PRs and the promoters who probably sold all of their shares months ago. Well you learn unfortuanately this is going to cost me most of my retirement fund.
Same here. I learned I am an idiot too. You never fight the tape no matter what people say & what the PRs say too.
Funny we never hear from King & Scorry. I believe King knows something from talking and meeting with management. I would not put it past him and his 40 investors that they got tipped off that the company will not make it or the financing is so bad they have sold. Supposedly they owned 400k of shares. Isn't funny he never posts for the last 1.5 months. Scorry has not even backed up the management too. I think everyone should call the John Holt Smith, Todd Sinclair, & Jim Hock to get a date for the call. I have never seen a company stating they will hold a conference call without a date. Does anyone what their numbers? I have all three of their numbers.
The price looks like it is pricing in not good news. Stock price seems to be pricing no financing or really bad financing. I hope I am wrong but I have been fighting the tape and believing in the company but that was a mistake. Looks like my retiremet account is going to get wiped out. One hard lesson I have learned never listen to IR people, Promoters,PRs when the tape is showing the price going down. Never listen to anything but the tape.
There are more sellers than buyers that want to sell than buyers. This is why the stock is felling. The stock goes up when there are more buyers than sellers. In the end there are equal sellers & buyers to make a sale. When there are more buyers than sellers the price goes up. So your point is wrong.
If they have really bad news I think they would just put a PR out. I hope they can stablize the stock but at this time it looks like it is headed to a few pennies. I hope they add some new management when we have the call. I believe the big investors want that before they will invest.
I hope so but their PRs to date have not hold true. Remember the 100 M sales that was in the bag by 3rd qtr last yr and the Roar spin off and I am sure there are others I am sure.
India to build 30 nuclear plts in the next 10 yrs
China to build 70 nuclear plts by 2020
Russia to build 26 nuclear plts in 10 yrs
126 plts in 10 yrs for these 3 countries.
Studies are showing 320 plts to be built by 2030.
Question can NNRI get any of this business???
So far we have not seen any contracts.
Question can anyone describe the business this company is in??
How big it is and what portion they play in and what portion they believe they can win??
I think these are basic questions and I cannot even get the company to answer my basic questions.
Remember each plt is worth at least 3 billion dollars. So 320 plts is worth over a trillion dollars. I would think NNRI could get more than just selling some development samples.
Can anyone answer my questions?? I think they would be simple for management to answer.
The ticker is pointing to equity financing - more shares. If this is what is going to happen then there will be over 100 million shares outstanding and we truly be a penny stock. I hope I am wrong but it looks like some people know things look bad. I hope I am wrong but this stock has just been going down for over a yr and they have not sold anything in that time.
Please be a good citizen and let us know the name of it so we can make sure we get the word out so people do not get hosed.
I don't think that would be enough funds to do that, but I am no financial person.
I am looking for a buck or more in the next couple of months so I can get even. These have this last chance to make an impression or they will never get any analyst to follow the company. If they do equity financing there is no hope for this stock. I still question if they can get the debt financing in this market. I think they might have had it a few months ago if they were uplisted. Now I question if they have it with the way the credit markets are. I still believe that IM stuck the SEC on them and this has slowed down the uplisting. I cannot prove it but I would bet on it.When Jim Hock got into it with IM back last March that is when trouble started for the stock.
Good point but the news better be good because this is their last chance. I still believe the MMs are manipulating it down before the news to mke a good quick buck.
Looks like Todd took his phone off the hook. See if wht you get at his phone # 604-943-0706
It looks like equity financing is coming not debt financing. Someone knows somehting we don't. It looks like King & Scorry knew something we did not know.
This huge volume either means the results will be really bad or the MMs are manipulating it down to get cheap sharess to make huge money when the news is released.
Read this weeks article in Business week - on India Nuclear plts. They plan to build 30 new ones in the next 10 yrs. Russia & France in lead to win most of them. Not the US.
What service did you get this infor from?
Does anyone know how many investor are invested in NNRI. If I remember correctly I thought the 10K stated around 231 people, companies & etc were invested in the company. I would like to know what the number is today. My guess there is less than 70 retail investors in the company. Does anyone know of a site to get this information.
It will be interesting
Unbelievable, only 8 months in the making. I am still holding my breathe because they have not delivered on other PRs. I hope this time it is different.
Some one comment on todays trading. It looked like the MMs pushed it down to get cheap shares and then the last 10 minutes it took off to return to break even. Almost like someone knows something is up.
Tod Sinclair is out of the office until July 28th. I guess the soonest we will hear any earnings will be in August. 68 days late on 1st qtr earnings now and they have 24 days left to get 2nd qtr earnings out. Lets take bets to see if they can get the 2nd qtr out on time I doubt it - thats my vote.
Todds # is 604-943-0706 thats what his VM says. I bet he is going over to Russia to see if 2K has any calculators I bet he is bringing some over for them. It is faster than paper & pencils.
Tod Sinclair is out of the office until July 28th. I guess the soonest we will hear any earnings will be in August. 68 days late on 1st qtr earnings now and they have 24 days left to get 2nd qtr earnings out. Lets take bets to see if they can get the 2nd qtr out on time I doubt it - thats my vote.
Todds # is 604-943-0706 thats what his VM says. I bet he is going over to Russia to see if 2K has any calculators I bet he is bringing some over for them. It is faster than paper & pencils.
From what I hear he is a good guy but how smart is he to get involved with Richard Wahl??
I hope you are right but my patience has run out especailly when they cannot get the earnings out and they cannot answer simple questions on their business. If I felt more confident in this management I would buy some but I do not have any confidence in them at this time.
Looks like the stock price is confirming my predictions on equity financing. - .16 when it hits .14 then they will probably release the news on the 100M shares for the equity financing. Only if management took us shareholders seriously last Oct when we told them to do something. Now we have the credit crunch and subprime problem and who is going to loan money to a company that has assets in Russia that a worthless because the gov't will come in take them over if they put a lien on them. Management has done a great job for the shareholders. Also I believe IM stuck an SEC investigation on them due to the pissing match that Jim got into with him. I believe this is also another reason for no up listing. It takes less than 4 months on average to go from the pinks to the OB. I believe they started last Oct when they recieved the SEC approval to go to NAS for the up listing. It has been more than 8 mos. So there is a problem and I believe it is earnings they cannot get out, financing and the SEC investigation. Good management they really got themselves in a bind. They would not listen to the shareholders last Oct when we were screaming to them there was a problem.
What type of financing?? debt or equity. I beleive more and more this is a one man show run by him. I think the rest of the management team does not add much value. I am not impressed. I love the business model but not the management team. When a top officer cannot answer a basic question like how big the market is and what portion does NNRI play in and what portion that is -- I really question the management and if they have the product to be in the nuclear business. I am not sure they have anything for the nuclear market in the controls. If they did that 100 m dollar PR would have come through by now. When you meet the guy that put together APWR and help put together HLS that has the controls for nuclear plts in China and has won supposedly 80 nuclear power plt controls in China and probably a good many outside China you wonder what NNRI has??
Around the corner can mean around the corner next yr with this management team. They are now 68 days over due on first qtr earnings. I wonder if we get the 2nd of 1st qtr earnings first? They stated they put in place this great software to get the earnings out in time. I wonder who they bought that from? I would never buy it because I am sure they will be blaming the software. Looks like the finance is not coming through - because the stock is dropping. Bat is right about everything except this being a scam. These are honest guys that are so over their heads in the running of a company and the markets. They got taken by all of the scam artist and con man out there and took them for a ride along with the shareholders. I expect the death spiral financing to occur. They are having meetings in NY with all of the management and investment bankers. No one is loaning money these days and why would any investment bank lend them any money when they cannot get earnings out. My bet is the debt financing they want will not happen and they will do equity financing and we will see 100m+ shares and a stock price under .10. The Russians will get rid of the NNRI portion in a yr after they prove they cannot add any valve to them after they fail to sell anything out of the DC office. It was put in place in my opinion because the Russians want to see if NNRI adds any value to them. In 1 yr the NNRI portion will be gone and the Russians will control the whole company and the management and the shareholders will be screwed. Management will come out better than us but no where where they wanted to be.
Any update on the conference call?? I talked to John Holt Smith a week ago and he stated he was working on one and we would have somehting in a week to 10 days. Is there anything on the website?? I know they talked about this end of last yr and in Jan. It is know 7 months and we have had no conference call. I just guess this management does not care about communicating with the share holders. Look at HLS Control Solutions -looks like they have the controls for nuclear plts cleaned up. I based a lot of my investment decision for NNRI on the 100 M dollars contract PR that they had the business in the bag. It indicated they were a leader in the control businees. I guess NNRI does not have that capabality and HLS Solution has the technology and will dominat this area. I got off their conference call and the CEO layed out their business plan in nuclear. For almost 2 yrs I have been waiting for NNRI to lay out their business plan. It appears after talking to different management on phone calls they could not answer my simple questions. In my opinion this company does not have the capabilities they profess. I believe the shareholders have been taken for a ride. When they will not communicate with you they have something to hide. I do get the impression this is a one man show - The CEO is calling all of the shots. I do not think this is scam but it is poorly managed. The 64k questions are do they have the products for this market and will they get bought out on the cheap and us shareholders get screwed? Also they need to get a new CFO after missing the earning dates if us shareholders ever want to get our money back.
Where is that conference call. I know management was talking about it in Jan. It is now July. I think you have add at least 6 mos on to any time table the say to get even close to when something will happen. I am using 1 yr added to anything the management is saying they will do. I bet we will have a conference call but it will probably be in Jan. That would make it 1 yr from the first time they said we would have one. Just my factor I use with this management time. Time seems to be of no urgency.
The zoo is management. They cannot get the earnings out on time. That is a zoo.
Where is King - did he die or was he killed by his 40 investors. I talked to Holt the last two days nice guy but I have not really changed my mind about the management yet. I expect management at this level to answer basic questions to a shareholder. Simple questions. At least he is going to get them answered supposedly soon. Soon with NNRI seems to be 6 mos to a yr.
I would love to join in. King was suppose to try and set one up and it looks like it has fallen through. I would be on good behavior if they answer the questions honestly.
Count me in. I doubt management will come through with one. I would be a good idea because shareholders are starting to look at other options.
Your right - I now try to meet with management before investing. That is why I attend a lot of investment conferences to listen too and meet with the CEOs. As one investor told me at lunch at a Merriman, Curran Ford conference you have to do the 10 minute smell test. That is you have to listen to the CEO and smell him out to see if he is just a Bull shitt--- and is just looking out for himself. Companies that are willing to present usually are hardworking and have been vented by the investment house before being allowed to speak. This does not mean that they are 100% right at sorting out the scams but it helps. I should have met with this management team.It was a mistake. I think they are afraid to meet with shareholders and the public.
When I was down at IM he just had me sit behind him while he was watching his 3 computer sreens. I could not ask him questions he would yell at you if you asked a question. He is a strange guy but a good market timer and trader. I would never trust him on any stock he is promoting. He tried to get me to invest in BESN. No way.
Your right on a pk sheet the management usually controls the stock.But in this case they do not know for sure where all the shares are and who owns them.Richaard Wahl and his buddies have the shares all over the place. I still think they are concerned about where the shares are. A good management team knows where and who owns most of the shares.
These guys are so lost when it comes to a start up company.
I did one better I flew down to take his bootcamp course. I left after the first day after seeing all he was going to do was to yell at me and make me watch the his computer screens from behind. I also went down to see if NNRI was a real company. I talked to Tom his assistant and a guy that just got fired and was picking up his last check. This guy told me this was a real company compared to th others that IM was promoting. This was in the aug 07 time frame. What i wish I had learned was how weak the management team was to get this company going. I recently talked to one of the people involved with handling the security paperwork to get listed. It is my understanding is he got paid in stock. It appeared he has not monitored the stock price for sometime and was shocked at how low it was. I told him about all of the questionable PRs released and stated I am not sure if this is a real company anymore. He told me things to make me feel it is still a real company but he also makes me question this management more each day. According to him he was suppose to get me in contact with someone at the highest levels of the company to discuss my concerns like what business are they really in and how big the market is and what portion can they play in. He thought I as a shareholder have a right have these questions answered. I think this person is a good individual but I am not sure he can get this management to address the shareholders. I think he was concerned about the things I told him that the company has done some really stupid things. He knew law very well and I think he is now concerned about the stock price and the rights of the shareholders. Lets hope he can get through to the management team. I find it funny we have not heard about an annual meeting and a proxy to vote on directors. I guess they are worried they might get thrown out. What do you think why no annual meeting??
They are very quiet. I think they know it is another yr before we get a chance to get even on this stock. I pointed out last fall that is was too bad that we were dealing with egos not good management. The Jim Hock problem of going down and visiting IM and getting into it with him was the start. This is when the egos got involved not good business judgement. This when the finger pointing started to try and shift the stock price blame to someone else. It was when IM was going to show you who is in charge. IM wanted them to know he was the one that helped the stock price and they would not appreciate his efforts except to blame him. Then it got nastier. The bottom line in my opinion is this when the company tried to shift the blame to Richard Wahl & IM. They fought back. I personally believe that when IM was convicted and paid his dues he is still working with the SEC. Because of his relationship with the SEC he has been able to get an on going investigation going to tie them up. This is my opinion and I believe because of this it is dead money for a yr. They tell King that the company officers have never sold any shares during the pumping. We will find out soon if this is true. If not then the management has to change and the ths stock price will go almost zero. I hope the management is telling the truth but I question why would they pump the stock and not get any benefit out of it. Jim Hock sold some shares and that was documented and justified due to health issues. I have no problems with that. I just question if management forward sold shares with off shore brokerage accounts. This is my take why we have not been up listed. It should only take a few months. I believe it has been since last Oct when they got the SEC ok. I believe IM threw in the monkey wrench after they were going after him for the blame for the stock price. All sides I feel are at fault unfortunately us shareholders are paying the price and I am not sure we will ever get our maney back. Great business model in a great field with the worst execution I have ever seen. Cannot get earnings out - big problem.
Batscam has been right on the direction. The jusry is still out on the financing. Company line is they are not going to issue stock and use debt financing. I question how they can do that with the stock at .20 cents and they cannot get earnings out.
Since there is no volume or intesrest in this stock lets have a pool to see who can guess right the timing on when we see 2nd qtr earnings by Aug 15th or any other guesses like next yr, at the end of 4th qtr or at the end of 3rd qtr. I would like to hear your guess. I have given up on 1st qtr earnings.