OT-Tom are you hearing anything from your sources about follow up news about the true purpose behind Multipartner?
If the patent has been allowed to apply for foreign patents I am sure that any deals that were signed back in January can now be released to the public.
From the CFO position there has to be a contract with Europe pending or soon to be formed becasue it stated expierence workin gwith foriegn currency.
Tom-I am excited about the company too. NOw that they have funding GOOD things will occur. I hope you are right and that things are going to happen soon. Still 0.02 does not excite me, but once the technicals develop a positive trend I will be excited. This stock could run to $5.
Sorry Tom a 0.02+ gain does not excite me. To me this could be MM playing games since the stock is trading sideways between the 0.63 and the 0.74 range.
I hope there is good news released about TWR and the Nuclear Detection Equipment. A working prototype would be great. If the company releases a PR about that and then a national recognized laboratory comercializing it would do wonders for this stock.
NSOL sent an email out at 9:20am.
I wanted to send you a quick note to let you know about an interesting news story that was written on June 5, 2005 in USA Today.
U.S. sets sights on nuclear detection
This is quite relevant as it addresses one of our primary technology focuses.
The news story can be found here:
Nuclear Solutions, Inc.
I hope it happens before June 17, 2005. I want to see this company make it off the OTCBB this year. Maybe they are saving all the significant PR to release within a 2 month period of time and that the accummulation will push it higher than normal. The 2 million shares bought a month ago, what was that if this company was not going to go places? Or let me guess it was a rich guy gambling.
Basically nothing has changed except they have funding and a few more patents. However, why let $1 million owed to the individual be converted at 0.084/share and dilute the company 20% whne you can pay the cash or even have a better conversion rate on the open market. Maybe Herda has something that has yet to be disclosed that will take care of the 1 million dollars debt due.
From the 10-Q, it appears that they still have at least a year to comercialize the technology. I do not expect anything until late this year. I hope that TOM and the others are right and that NSOL will take off this summer, but its been a rocky 8 months and there are many unknowns.
I hope Herda does not dilute the stock to save a buck, but then again if you are CEO you do what you think is right!
It appears that all their technology has at leas up to 1 year to be commercialized. What concerns me is in the 10-Q the company mentioned that the Agreementment with Dennis B. for debt reconstructering was given another 1 million shares. In addition, it stated that the $1 million owed will be converted at $0.084 per share and is due by June 30, 2005. I hope they just use some cash and pay it off.
Did anybody get the same impression?
How many days does NSOL have until they are moved to the pinks for not filing the 10-Q. Also I expect that they will file before June 1, 2005. Otherwise it will be a strike against them.
Then they can only do this two more times or they screw themselves and risk being put on the pinks.
I am glad the SEC adobted those rules effective June 1, 2005. It will make NSOL be responsible and file on time.
It is a stupid thing to do in my opinion. Waiting an extra 15 to 45 days to keep projects or events from becoming public for that short period of time is not going to make that much of a difference. It is as if the company does not want to inform shareholders in a timely manner.
he company should file on time to show that it is not a penny stock and that it is capable of being run as a NASDAQ company that files ontime!
However, it does not matter anymore since the new SEC rules will hurt NSOL if they fail to file on time or pull this late filing stuff like they have in the last 2 years.
Tom- What do you think will be the first major contract dollar amount and which technology? DO you think ity will be the Nuclear Detection Equipment or TWR?
I look forward to reading the 10-Q and I look forward to seeing a major contract announcement in the near future!
The company should have addressed the battery patent issue upfront and state that they have iimproved it and have submitted patents.
The panic selling I believe is because of the micro nuclear battery patents being expired and how the company did not notify the even when it occured late last year. I do not think they will have them reinstated even with a lawyer representing them. The company will have to file new patents for improved designs.
The most promising technology short term sounds like the Nuclear Weapons Detection Technology. If terrorist get their hands on one and use it the world will pour 100's of billions of dollar into research to protect most countries.
What are peoples thoughts?
THis is disheartening to see panic sellers. If NSOL hits 0.4 I have to consider locking in my profits. The 10-Q better be good and mention the 10 million dollar contract. Also if they do have contracts they better announce them soon. I am going to hold this stock until December and then revaluate it since I need some capital. The 10-K painted a picture that this company has a long way to go and yes it does summarize 2004.
I hope you are right Tom about significant news like what they promissed 4 months ago about the updates on Nuclear Batteries. Basically they have a new and improved version which is good.
I will agree that it appears to be very professionally done and I think this will help attract new investors. What concerns me is it maybe another year before we generate revenue. If contracts are to be awarded to beef up nuclear detection equipment in ports, harbors, and airports in the next few months will NSOL beable to participate? Tomatoe do you think NSOL will have a prototype working by then to demostrate to Home land Secuity?
Product Research and Development
We anticipate continuing to incur research and development expenditures in connection with the development of nuclear micro-battery technology, shielded nuclear material detector technoogy, tritiated water remediation technology during the next twelve months. This includes, but is not limited to: $500,000 to $1,000,000 for nuclear micro-battery technology, approximately $500,000 for tritiated water remediation technology, and approximately $1,500,000 for the shielded nuclear material detector technology.
I do not care for this statement below. This probably has to do with the TWR or would it be the Nuclear Micro Battery? Any thoughts? Unless they are using the statement as a general clause to protect themselves just in case in the near future a dispute arises.
In addition, we may inadvertently be infringing on the proprietary rights of other persons and may be required to obtain licenses to certain intellectual property or other proprietary rights from third parties. Such licenses or proprietary rights may not be made available under acceptable terms, if at all. If we do not obtain required licenses or proprietary rights, we could encounter delays in product development or find that the development or sale of products requiring such licenses is foreclosed.
Tom-if you contacts are correct that Herda and Borris improved the micro nuclear battery up to 100 times more efficient than this stock will be worth more now once it is revealed. If they did let the patents go only to file new patents with better batteries why not tell share holders?
Did you hear any good news about TWR? Also there is a chance that the batteries are commercialized since they wanted to form a relationship with LNL. The company probably was going to update us about the Nuclear Battery Technology by the end of January, but maybe there is a very good reason it kept it secret. I just want answers by the end of this month.
Do you think NSOL has the potential to hit $100 this year or will it be next year?
I have a feeling that it will hit $10-25 mark this year for sure once they unveil the significant contracts that they have signed with major corporations. Europe should bring in a signiifcant amount of income since that was a primary requirement from the CFO Position to exchange currency. Also how big do you think that strategic alliance with the company with former high level European Union employees? Have they made a huge impact on NSOL?
Secondly, how confident are you of your source?