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According to King he has a NY office and he met him there supposedly. I am not sure where he practices law. I am working on it. My first pass is pointing to not a very good trace record. I hope I am wrog but so far that is what I am coming up with.
I talked to Jim a couple days ago and he has nothing new to offer but agrees it was nt a good thing to miss the earnings date. He does not get the true story from the management. He is like a mushroom the management team keeps him in the dark and feeds him Sh----. I do feel sorry for him. They do not listen to him either just like the shareholders.
Look at this link on John Holt Smith
http://www.secinfo.com/$/SEC/Name.asp?S=john+holt+smith
If it is the same guy look at the companes he worked on.
Not a very good track record. I called one of the law firms on the Ave of the Star he supposedly worked at and they did not know who he was. One of the companies I called does not exist.
I need to do more work on these stocks he worked on but most seem to be no longer around. Does not make me fill good.
Please comment King and others.
Good one. You forgot that hard work on getting out the earnings on time. Oh I mean on their time table - 1st qtr earnings I guess we might see them after the summer break. Boy I wish i could get a job and not meet deadlines and still have my job. I guess that is why the stock just keeps dropping and will probably go close to zero. Most companies firer their CFO if he screwed up by not getting the earnings out and replace the guy. I guess no one will take the job because the stock is in the sh---ter and they could make more money flipping hamburgers at MacDonalds. I guess management should have listed to the shareholders last yr when the stock was dropping to do something. Now they cannot get anyone to work for them because of the stock price - I mean anyone good.
That makes me feel better. But I do not know what is EXAM.
Maybe there is a slight chance to get our money back before I die.
I think you are probably right. This appears to be a pink sheet scam from day one. If it is him then it is all over. I think they might have scammed Jim Hock and Todd too. They were counting on their retirement from this stock. Looks like they might be working a MacDee in retirement.
Does anyone know if this is the President of NNRI. I found this on the web - under the 10Q for EXAM USA 11/15/99 - John Holt Smith removed as director for cause by court action 9/28/99.
Is this the same guy running this company. If so then who is calling kettle black?? If so then IM, Richard Wahl, ST and the management might run in the same circles??? Please let me know if this is the same person.
The word is the management is in Russia this week for a board meeting. I sure hope the Russian's show this great management team a wall and get this company moving. The Russians have a way of making walls very use full. They are starting to talk nuclear on the financial networks and the papers. ECOL was mentioned a hidden treasure. No mention of NNRI I guess until we get a new management we will not know the truth if this company is truly a nuclear play. Lets hope they get some religon over there and put in some new management.
If management is so good how come they have not bought any shares directly. I guess they know something we don't know this stock is never going to be much of anything. Oh I forgot they have the excuse because they are run by lawyers that they cannot because they are in a quiet period - too much going on that would not allow them to do that. Oh what about a yr ago when they were sitting on there hands and the shareholders were screaming at them to do something about the stock price. I guess they were too busy forward selling the stock making millions by hiring ST to pump it and sending Jim down to meet with IM to promote the stock. So they must not care about the shareholders they made their millions??? Where is King defending them. Is he bought and paid buy the management team. What about his forty+ investors that invested in the company have they been bought off by the company not to file a class action suite??? I hope the SEC finds something to get this mangement team thrown out. How can a small company like CVIC get uplisted in no time and NNRI has been working on it since Feb 07 and still has not been uplisted. SEC must have fund something. The RTS must also have found something. Looks like they will never get uplisted until they change the management. I guess the SEC wants smarter people in management before they will uplist this company. Can you blame them. The NAS & SEC have smart people - they are not dumb like this management team that does not know anything about Richard Wahl even though the CEO has worked in this industry for yrs. Where was his head in the sand. Looks like we will never get our money back until they clean house. When management people cannot tell you the market size and how big it is and what portion they play in you need new management ASAP. These guys have to go ASAP. I hope the Russians do it ASAP. They seem to be a lot smarter than this management team.
I am not going to put any information out publicly. No way. If you are in the area just drop by. Just check out those stocks and others I have discussed. HLSYF is going to be what NNRI never will be in nuclear - mark my word. At least these guys can tell investors what thei business model is and what business they are going after. They are in the nuclear controls business. If I remember NNRI strted out in this business and was going to grow it. Looks like they only get and can go after replcaement control business. HLSYF has already 80 out of 80 of China's next nuclear plts electrical controls - where is all tht NNRI business - I think it was suppose to be in that 100 M order that was in the bag by the end of the 3rd qrt in 07. Oh now the story is they are the subcontractor on this order. Well it is not showing up in PRs or in the qtr statements. So you can write off this business. Now they are going to sell Biecom/Fiecom & Flexcom outside the nuclear business. I guess this stuff is not good enough for the cores. Oh now I here they are going into contract manufaturing. what the hell is their business. Great management cannot sell sh--- and keep looking for something to sell. We need a new management team. The story just keeps changing and along with the business model and they cannot get earnings out. Just excuses when you talk to them. We will be lucky to see dollar by yr end. No one is buying because they have no business. This management has to go ASAP.
Your shooting your mouth off just like Scorry without knowing anything. I have made 80k in 2.5 mos with my equity out of my house. The only bad investment has been NNRI. I have learned a lot from this investment. There are a few guys on this board I talk to almost daily and they know that I go to a lot of investment conferences and then we share our ideas. They check the financials for me since my background is technical. They know I am good picker of technology stks. I am not as good as they are on timing. If you come down to SF then I will show you my track record. I hate people that shoot their mouth off without knowing the facts. You have no balls to come out here and see what I have done. Your just a little whimp that sits behind his computer screen and hides. At least I fly different places and meet face to face with potential investments. What do you sit infront of your computer screen??? Great why to lose money. Try APWR, CSHG, SOL ULTR. They have made me alot of money why not should us your winners.
Scorry I was at an Investment Bankers Luncheon yesterday here in SF. I am beginning to make friends with the Dir of Investments for this leading edge investment banking company for the Green Space. She was looking for new prospects for clean technology companies. Unfortunately I could not tell her about NNRI since I do not know what the hell their stratergy is. Is is a contract manufacturer, nuclear supplier, a cleanup company??? Management does not put out earnings in time and they cannot communicate to shareholders of what the hell they do. To bad because this is a premier investment banker that is 5 yrs ahead of the competition. I am helping a blending fuel company CEO to find financing. At least he has a stratergy and conveys it to shareholders and has presentations to give out. When is the last time you have seem and even gotten a presentation from this management??? I have never seen one. Everything is a secret. Last when have you seen an order for something big - not samples. This is a company run by a bunch of managers that are trying to find a product to sell from developmental things in their bag. They are trying to pull something out of the bag to see if it will sell. Great strategy.
I always meet with management - mainly CEOs from now on before investing. These guys are just a bunch of do nothing Fortune 500 managers and lawyers that sit on their hands and tell themselves how great they are that cannot sell anything but always has an excuse. It will not change until they go. My bet is a rich Russian billionaire buys up all of the stock and them buys up the management shares at a premium in a private sale. We get screwed and they still make a fortune. I bet this is how it plays out.
Just call him
Thats correct they are a full reporting company that cannot get uplisted from a pk sheet to a OB.
This must be so radioactive that NAS & the SEC does not want anything to do with it. I called Todd last week and made my pt that not getting earnings out is not so smart. He called back quickly to discuss it ( I guess not my shareholders left to call) and stated they will be out soon. Soon with this company means at least a yr. I thought they were going to be uplisted end of last yr and then RTS by now. You cannot believe he stated they need to get a big international accounting firm to do the audits like Price Waterhouse. Problem is they will not touch a pk sheet. Funny I thought they had to have a auditing company that had security clearance to do the work. So the only one is 2K. I guess the gov't is trying to put these guys out of business it sounds like they control 2K and they do not do the work for NNRI. Sounds like it is coming down from top people in the Russian gov't. So if they go with Price Waterhouse then they probably do not have security clearance and the Russian gov't will not probably allow them in. So it sounds like my concern that someone wants to buy this company on the cheap is probably going to happen. This management cannot get anything right. They have no street smarts and have been taken to the cleaners and we are getting clean out. This stock will be lucky to see a dollar when some rich Russian billionaire buys it for a song and we all get Fuu-- in the ass. Great management. So smart. A kid on the streets of NY is smarter than these guys. Time for a change but that will not happen until it is bought out for a song and they throw them out on the streets. We still are going to get screwed. Call Todd at 604-943-0706 and see if the story has changed today. I think it changes daily or weekly.
Probably for ever until management tells use the story of what they have to sell.Looks more and more contract manufacturer without direct nuclear business. Contract manufacturing is a whores business that might be good for a few yrs until the big boys do business with you and then beats the hell out of you for price once they load you up with their business and own you. Looks like we have not been told the truth. The maket place is not interested in contract manufacturers. There play was a few yrs back.
More concerned now if this company has he right product for the nuclear market. I talked to one of the company people last week and he could not tell me how large the market is for new plts and what % of this market they could play in. Then he switched the topic to Feecom/Biecom and the Flexcom. They stated they are working on it with different companies that are not I feel nuclear related. Then he mentioned the additional 500,000 sq ft of manufacturing space they are getting with the acquistion. According to King they are goig to be a contract manufacturer. They have not been honest with us. It looks like they do not have the electrical controls to compete in this part of the market like they stated before. Just old replacement parts. Looks like if I can get even I would invest in HLSYG - this is the one that APWR people have started. they have the control systems for nuclear plts. Supposedly they have them for the next 80 Chinese plts to be built. They are the lowest cost mfg with the latest technology for this market. NNRI just looks to me as a play around the nuclear business. Looks like their material is not going to be used in the cores also. To bad be have been sold a bill of goods that they do not really have. At best I see this stock being a 3-5 dollar stock at best. Also we have not seen any contracts - if the product is so good companis would jump on it ASAP to keep their competitors from getting it.
When they are looking at manipulation they look at all of the officers of the company. Why has the stock not been uplisted??
Will it is the investigation is not over. If they come clean them we will have a chance to get uplisted but with the gov't involved it will take for ever to get uplisted.
We will know soon how ethical this management team is when the SEC Investigation is done. They saying they have not sold any shares. If this is true then we have a chance to get or money back. If not and they sold in offshore brokerage accounts then the stock will not go anywhere unless we have a new management team. Funny how long it is taking to get uplifted. Looks like the best will be the end of this yr and the RTS listing looks like another yr. If this management team was so smart they would have known the characters they were working with and would have protected the company. If so we would not be in the shape we are in now. I still question if this team can turn it around. If they sold and SEC finds it then we have to have a management chnage ASAP.
I disagree with you on this one 100%. Everyone needs to know the story on this guy. He does not disclose when he is getting paid and he makes up his own TA for justifying how good a company is if he is getting paid for promoting it. He in my book is worse than IM. IM would always give and up and a down side potential for this stock. He also disclosed his positions. I think ST is a bigger scumbag than IM. I will continue to tell everyone and every board I am on about ST. He is a real scumbag in my book and to say to back off is not something I will do with him.
Your point about manufacturing is a good one that would keep the gov't from putting the company out of business. The only concern is a Russian billionaire comes in and realizes the potential and buys it out. I think one could do it with the right gov't contacts. This is my biggest concern.
I have to say it does look like management might be finally doing something. They released a PR on Richard and I am not stupid - there is probably other things going on behind this PR legally. I have not been happy about the price going down the last week but if you look at the trading their is some positive. The stock has been bouncing back when it dips. This means there is a couple of smart buyers that think things might change. The money flow is positive. I think the jury is still out. But in the next 2 mos. we will get a good feel if this sit on their hands management is finally doing something. I still think they are not street smart and will not excuse them for not doing something last yr. Also I will not excuse the them for not listening to the shareholders like you and other to do something back then. If so we would not be hurting like we are now. Thanks for keeping the heat on this not so smart management. Like I say a kid on the streets of NY can smell a con a mile away. How long have these guys been in the business community - 40+ yrs and they did not know who they were dealing with?? Boy they are not sharpest guys I hve every seen.
Excellent post but you did not say a word about ST. He was being paid by NNRI and was pumping the company.
You hit the nail on the head with that statement - Rusians could ripe Atoll out from the company. People here are missing the point that I have been saying for months that with these cheap stock price some one could come in an buy it for a song. It is not Rich Wahl or IM that is the biggest threat it is the Russians doing their thing that they are good at - that is getting the gov't involved to put out of businesses competitors or taking over businesses. Just read this weeks Business Week on this process. I think there are forces at play trying to do this and IM & Richard Wah ae just low level pawns that have been used to get this accomplished. This is my biggest worry that will leave us with nothing. With an incompetent management team the company is a n easy target for the smart Russians. This management team is so incompetent that shareholders have to tell them what to do and what is going on like King. I hope at the BOD meeting this week the can Todd and the manger in charge of him ASAP and bring in some good managers. This is are only hope. If not this company gets taken over by the Russians that will screw us Americans. The odds just keep increasing everyday when the stock price keeps dropping and this do nothing management of lawyers and Fortune 500 managers just sit on their hands and have their heads stuck up their you know what and keep telling themselves how great they are.
You get it Batscam hopefully others will soon get it and demand a management change. The problem is it is probably too late.
I agree but we hit my price target.
Moneyguy I could not have done these great investments without your help in setting up my quote tracker. It is a god sin.
You right if we stick together we can make a killing. APWR should explode Friday. The other stock that Dr. Richard Proepper discussed at the conference will good but it will be late summer. His track record in getting APWR going makes me more confident with him than NNRI's management.
I will talk to my wife to see if I can fly jetblue out on a redeye and meet with them and turn around and come home.
Southwest is a bitch to fly to NY - its free but I can get a really cheap rate on jetblue I think - I am going to check.
Did you hear Warren Buffet on CNBC. He stated he started yrs ago an had the lawyers look over his annual letter. He got it back and it was so marked up and it did not tell the story so he never again had the lawyers get involved in most of his business. He also was saying that they advised him not to take questions for hrs in front of shareholders. He knows you don't hide behind lawyers you tell it straight to the public and shareholders. He has no problems. So maybe this management should change and get rid of the lawyers and get a management team in their like Buffet and we will get our money back. These guys are a joke. They got in bed with Richard and believe he is going to be honest this time and do not have a plan to keep him in line like the mob. Then King has to tell them how this guy operates after Richard dumped stock like crazy and you trust these guys. What are you smoking.
Thats funny according to King they did not know much about Richard until he showed them. If a shareholders has to tell them how the con men work then we have a really dumb group of managers. This is the story that Kings states. Maybe you should have gone with him to see his story is correct. I think King is 10 times smarter than this management team.
I don't deal with liars and people that are not truthful. It just a business code I have. These guys have not been truthful with me and the shareholders. If I go they would just tell me excuses. They need to set up a plan with goals that are measurable. Targets for sales and dates when to win them, the pentration in each market they are going for and the time frame, an over view of the total market what percentage they can compete in and as previosuly stated the penetration they want to obtain.
They are spending their time to try and protect their personal assets from a civil lawsuit if the shareholders win a class action suit. They know they cannot win in front of a jury for a class action suit. Because of that they have to protect themselves from personal suits. This is what they are spending their time on in my opinion. With the SEC investigation going on they are finding out how liable they are. I have to say if these guys are so smart they could have smelled a con a mile away. When I lived in NY and the kids on the streets could smell a con and a scam a mile away and they did not have the education these guys have. How many years of experience they have?? If they were so smart they would have known who they were dealing with. These guys have to go - they went to bed with the crooks they keep saying are the ones that have caused the problem. Supposedly the CEO knew something about Richard. If he was so smart he would have setup a plan like the mob does when a con they work for gets out of line. He is not so smart.
I would like to do that but since the company is run by lawyers all they know how to do is file lawsuits and do not know how to run a company. I would get tried up in court in which I would not be able to handle. As Shakespear said the first thing we need to do is kill all of the lawyers.
Why would I take you up when management has not been truthful to the shareholders that there is an on going SEC investigation??? I think when they were blowing smoke up your ass they forgot to tell you this important piece of information.
King was not told by this management team in his private meetings that there is an on going SEC investigation. If they were so honest they would have told him and the shareholders.
So it will be at least 10 mos or more before there is a chance in hell this stock gets listed. I got this from other sources outside of Barry and his friends. So that is why there is no interest in the stock. Dead money for 2+ yrs.
King so ask management about th investigation???
So what is the June 10th meeting the annual meeting they are suppose to have but cannot because they do not have all of the requirements met for the Nas?? or something like that?? So when is the official annual meeting???
Barry was one of the inputs. I used Think Equity, Merriman,Curran,& Ford and their research reports showing the growth of the nuclear sector and that nuclear would have the cheapest baseline power against coal especially when carbon taxes are law. It looks like it will happen here with the next president - doesn't matter who gets in. I also did calculations on the potential business for sub contractors based on all of the plts to be built. The unofficial number of plts is twice what is published. I got this confirmed by going to investment conferences. Dr. Richard Proepper confirm it the other day at a conference on a company he is backing it is an new one(in the nuclear field) after putting together APWR - a winner. I have a lot of inputs from many different sources. Nuclear will be big even without the US if the environmentalist kill it here. It looks like they have coal in their sites instead of nulcear now. So my mind was not influenced by Barry along. I have learned not to buy a pink sheet stock, any company run by Fortune 500 managers and lawyers. I usually have a rule to meet with the management or people close to them in the financing of a company. I did not do that with this company.
This is just a piss poor management team that has to be changed. My opinion of the business model has not changed. Todd has to go ASAP - he blew it not to get these earnings out on time. To think Nas will up list it now is crazy. NNRI's management has not shown they desire to get an uplisting until they have a CFO that can deliever earnings on time. So until he goes I do not see this stock to get uplisted. He had his chance for 10K and then this last period. He blew it and has to go. Then the manager responsible for his poor performance has to go ASAP. You don't get it - in the financial community this is the thing that will kill your stock. So if management is so good they would know this and put the resources on this issue ASAP. Instead they always have an excuse. You need to get and get the mesaage to this lousy management team. This is not coming from Barry but me. I have never had a winning stock that has delayed earnings.
You get it - the business model is great but the management is incompetent and needs to be changed. I learned a hard lesson nver invest in a startup or small company with lawyers and Fortune 500 managers running it. They have never none anything productive in their lifes - just make up excuses and blames others. i called on enough Fortune 500 managers in my day and I should have known better. They sit around and do nothing and try to look important and make everyoneelse - suppliers do their job and blame them for not doing their job. Don't get me started on lawyers. All I can say is give me a management team that has run a startup or small company and they will turn NNRI around. Until then this is just a penny stock. I hope the Russians do something soon with this management team like throw them out ASAP.
Well said. And this great management that says they did not know this was going on sat on their asses and did nothing. Funny the 10k stated they were paying a consultant ST and they did not review his work and what he was doing. Great management - they need to be tired in front of a jury to get their justice. Funny they keep blowing smoke up the ass--- of people like King & Scorry and tell them all these great things and they have plans to take care of this and that and then make up excues why it does not happen and it is always blaming someone else. They need to blame themselves and then get removed.
The next company that Dr.Richard Proepper is involved in will be another winner. This one should be uplisted this summer. He is an honest trustworthy individual not like the NNRI management. I met him nd he is an man that does not make up excuses or blames others for his failures.
You don't read well. If you went back to school to learn to read you would see I think this company can be big as soon as they have a management change in which the investment community can believe in and trust until then it is dead money. Nas is not going uplist it until there is a change. This is a Mexican standoff that looks like it will get taken over at a cheap price. I am hopig for the best - that is first Todd has to go ASAP since he is a failure and has miss lead the financial community on what he was going to accomplish and the person responsible for his failure has to go ASAP.
Where did you get your degree from the Sears mail order catalgue??
Thats right and that is why they have not uplisted them and probably will not until their is new management that has its hands clean from any of these characters. They are very smart people - Nas
Your are known for the people you associate with. Great managment would know the charcters they are going to deal with and would decide if they what to get in bed with them. Good management would not. Sounds like management is blowing smoke up yours too just like King.
Word on the street is they are going to get taken over and then I hope we do not get screwed but we will probably get screwed because this management has not given a damn about the shareholders. I did not pick that up from Barry. I have gone to a few investment bankers conferences and been talking.
The last one Dr. Richard Proepper spoke - he but together APWR which will be a huge winner and now he is involved in a new control company that is into controls for nuclear plants.This Chinese company has the cheapest control systems for nuclear plts and have already been given the nod to have won all of the 80 plts to be built in China to use their controls. So if the Russians win plts there there is no way NNRI will get any business their for their controls. So if they are telling you they will win in China they are full of it. Also look at this guys track record - no BS he only setup companies that are winners. If NNRI is a winner the stock would be where his stocks are trading. NNRI's management is hanging on by a thread until they are taken over get their asses kicked out. I just hope we do not get screwed completely in the process but the odds are nt in our favor.
Great point
That will probably be after the Nas uplisting. They will probably be in mid to late 09 if we are lucky.
This is a development company that they pawned off as commerical company. This will be a commerical company in 2010. This is going to be dead money for a yr or more. It is now a 09/10 play. So do not get your hopes up.