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I pop in every now and again. I'm just too stubborn to quit. Fortunately, I'm fully divested of this stinker.
You've got to be joking. What kind of boiler room crap are you spewing now? Last I checked, this company sold "a state-of-the-art MRI data processing tool." Of course, "sold" isn't the most accurate description, because this company has never sold anything...and the purported product changes every six weeks. Good luck with your newest scam. Maybe someone out there is gullable enough to buy your snake oil.
Who gives a crap? Where's the product? Two years and counting...
How do you figure? To me, it sounds like NNOS is playing fast and loose with the facts...again.
You guys can't possibly be chastising someone for being negative about this company. This company has habitually published absurd, half-baked press releases filled with promises that never come to pass. The day this company sells one unit of anything is the day you can chastise someone for being negative.
Perhaps they've instructed Mike King to be as evasive as necessary to buy them time or have given him no instruction at all and forced him to be evasive. I'm not sure his evasiveness isn't by design.
Well said.
Nice advertisement. That's how pump and dumps work. Create interest in a company with no product and no money by hyping an interesting concept. Wait. That sounds familiar....
Keeping the board factual is a nice idea. Dismissing someone as a "shorter" "with ulterior motives" because he calls this "company" a scam is simply delusional. There is a sound factual basis for calling this company a scam. I'll give you an anecdote to illustrate my point. When I was 7, a kid came up to me in class and told me that he had a potion that would give me super powers like Spiderman and he would bring it in to school the next day. He promised that it would permit me to shoot webs from my wrists and climb up tall buildings. The next day, I asked the kid if he remembered to bring the magic potion. Of course, he forgot. Each day, during the next 3 weeks I made sure to ask him if he brought the magic potion to school. I couldn't wait to experience the excitement of shooting webs from my wrist and climbing tall buildings. Strangely, he kept forgetting to bring the potion to school. One day, the kid got tired of maintaining the ruse, walked up to me, raised his voice and exclaimed, "You're an idiot. There's no such thing as a magic potion. No one really has powers like Spiderman." I bought NNOS (actually MSGL) at .07 and sold it at .21 before the bottom fell out. The PRs got fishier and fishier. Each PR told a new story, wholly unrelated to the core mission of selling MRI software to hospitals and clinics in the US. Each PR promised sales, but for one more obstacle. Of course, the "company" never got any closer to making a real sale. But, they did keep issuing stock and authorizing the issuance of even more stock, each time the authorized stock ran out. I've stuck around for a long time because I couldn't quite give up the dream that this company might deliver the magic potion. The most recent PRs reminded me that there's no such thing as a magic potion.
Not necessarily. Pioneer might be another paper company looking for new hype, just like NNOS. If it had "cash flow," it wouldn't need NNOS. If NNOS had a real product, it wouldn't need Pioneer, which has no obvious synergy with NNOS. This is all smoke and mirrors. The "company" hardly even maintains the pretense that it's trying to develop, test, or market an MRI-related product anymore. By the way, the radiologist I've spoken to have said that there's no problem with the resolution or efficiency of the pre-existing MRI machines. After following this "company" for 2 years, I'm going to go out on a limb and say that this "company" is a scam intended solely to enrich the owners through the issuance of new stock. Every few months, they spin a new yarn to keep the scam going. No product is ever sold and no revenue is ever made. If this company is real, so is the tooth fairy.
What a scam. The Board increased authorized common stock to $1 billion and the "Board has arranged $1,000,000 of financing"? Essentially, GW awarded himself more company shares which he'll sell on the open market. He'll give some of that money to the company, which will give him convertible NNOS debentures. If anything productive happens by pump or otherwise, he'll convert the debentures to shares and make more money. In the meanwhile, everyone else's shares get substantially diluted.
The company presumably will take GW's money and spend it on its product. If the stock tanks, GW already made his money and has a claim on any assets the company purchased with his new-found money. He's got zero risk, and diluted the hell out of everyone else's shares. I've got to say, this is more of the same.
Exactly. No product, no sales, no revenue. Right now, the company's overvalued at $2 million.
This guy's the king of pump. Last year, he pumped this stock to .21 (before I sold out). He'll have these ridiculous PR's coming out every other day. I particularly liked the PR about Microsignal purchasing a nonexistent waste management company using company stock. Where'd that company go? I also love the one about the mysterious European investment bank that wanted to invest in Nanosignal. What happened to them? A pink sheet company trying to market itself for a sale but hiring a Treasurer, who pled to a prior financial crime, is genius. This company is pure comedy.
You've got to be kidding. Forget all this talk about credibility. This company has been spewing false innuendo and spin for more than 2 years. And, that's not even their biggest problem. I can't help but notice that anyone who'w been around more than a few months must be intentionally deluding themselves by ignoring the obvious. The company admitted in its last SEC filing that their product doesn't even work. It's not compatible with the primary MRI machines. This company has NOTHING. According to a posting from one other shareholder, the so-called "Desert Radiology" lab confirmed this. NNOS has a bunch of spinmeisters selling snake oil. When are you folks going to stop getting blindly and foolishly led around by pied pipers with nothing but delusions of grandeur and payouts, but for one more issue. This company has no product, no money, and lawsuits a mile high. I'm embarrassed for people who after 2 years of blatant lies and deception continue to follow this boiler room operation.
Your "while" must be very short. Microsignal promised the same things: final testing and production...almost 2 years ago. What happened to the unit used for testing at that Desert Radiology site? If they had a product, they most certainly would have offered it for free to hospitals for testing. What happened to the big sales in India? What happened to that mysterious Swiss investment company that was going to invest in Nanosignal? This company is all smoke and mirrors. Throw all your money into it if you want. Any crook can spin a yarn in a press release.
That post is ridiculous. "Hi, I'm a very important person who wants to give your company lots of money." It sounds like it was written by a drunk 14 year old. I've heard nonsense about funding, testing and production for almost 2 years now. No serious investor would post stuff like that on a website, not least of all because an investor would want a lower valuation to get a larger stake in the company. It's testbook pump and dump.
NNOS entered into "a joint venture agreement with a Swiss based investment company". Huh? They wouldn't even disclose the name of this so-called Swiss investment company. When a penny stock fails to name names, there's mischief about. My guess is that this so-called Swiss investment company is funded in significant part by NNOS insiders. Furthermore, for a company that continuously brags about the potential size of the US market, they haven't made a single US sale or attracted financing from a single US commercial bank or venture fund. It all sounds fishy to me.
mikeygold,
I apologize if I'm being rude, but your postings amount to little more than sales pitches. It seems that you are either an insider, a significant shareholder, or a paid marketer. Whatever your position, you clearly have a vested interest in pumping the stock. If you have any solid information about real sales or other finite information, it would be greatly appreciated. I'm sure all shareholders would like to know whether the beta test was successful, and, if successful, when the company will make its first sale. When the corporate treasurer quits at the beginning of the alleged growth phase, that worries me. Likewise, buying a virtually nonexistent waste management company with company stock, when they haven't even gotten their core business running, downright alarms me. Right now, it looks to me like the insiders are simply pumping the stock to give them time to dump the company's remaining authorized shares on the market, without sinking the price. Solid information would be very much appreciated.
jitjag,
aren't they the company that wrote the report for MSGL claiming that MSGL would be trading in the .70 - .90 range by year's end? if so, isn't their present transaction a little sketchy? a company that writes a report prognosticating such a high short-term valuation but, rather than hold the stocks, immediately sells it at a fraction of the so-called short-term value. I'm just trying to make heads or tails of this transaction. The same logic applies to the company. Why in the world would the company buy that waste management company with undervalued stock when the price will certainly sky rocket after it announces potentially good news regarding the beta testing or imminent sales? I'm just a little confused. The words and actions of the insider's are not jiving.
jitjag,
can you cut and paste the article. your link doesn't seem to be working. thanks.
-gacounsel
Seriously, does anyone know when they'll even make their first sale, if ever? I hate to be too sceptical, but NNOS bears the hallmark of the pumper stock, i.e. continously promising huge sales, but for one more minor obstacle. I've been in this stock for almost a year and haven't seen very much except a propensity to issue new stock and new press releases. And, unless I'm totally missing the point, wasting company shares on a virtually nonexistent waste management company does not inspire much confidence. Give me a little hope here...