Homebrew,

You're suggesting that foreign companies can only access U.S. markets on the pink sheets doesn't hold water.

Shell Oil (RDS-B) and Honda (HMC) are both foreign companies and both trade on the NYSE.

If Volkswagon and Bayer wanted to leave the Pinks they certainly could.

MV.

"Another thing, has this been approved by the FDA? The answer is NO! This goes no where w/o FDA approval. Period!!! "

I could be wrong but I think one of the reasons the price is at .18 is the fact that it has not been approved by the FDA.

Did you think .18 is a fair price for something with FDA approval?

There are several factors needed to move to the DOW or Nasdaq. Most importantly audits and reporting. Not all companies leave the pink sheets. There are some very large companies that choose to stay on the pinks. Bayer and Volkswagon are both on the pinks.

Parentsgratae it's been some time since you've posted.

Hope you are enjoying the holidays.


Down Home Texan

No you are not. You should see it as no one willing to sell below .05 is good.

"There would have to be a lot of blind faith to give NNLX $3mm."

People with that kind of money don't invest with blind faith. Prove to me that you have something that will change the status quo in a major way and I'm all in.

You keep harping on the past. Exactly how many times did Henry Ford fail before becoming successful?

Let me suggest to you that it would be a total waste of time for NNLX to file for the sale of restricted shares unless they had a buyer already lined up.

How do you get someone to buy those shares? You prove that you have a game changing product. NNLX said it would take about a month to get results of a study back from a lab in Houston.

It has been a little over a month. NNLX has filed to sell restricted shares.

Let me pose a question. Let's suppose those restricted shares have indeed been purchased. What could NNLX have possibly used to convince someone that purchasing those shares would be financially beneficial?

GNC did not go into bankruptcy due to Covid 19. They went into bankruptcy due to bad management and the inability to compete with Amazon on vitamin sales.

GNC's share value was falling like a rock before Covid 19 was even a thing.

A billion in sales? True. Cost of Revenue? Also over a billion dollars. When Operating Expenses exceeds Gross Profit you lose.

If you're interested in GNC you might also check out Radio Shack and JC Penny.

Exploremore,

I have a solution for keeping the Bureaucrats and bean counters at the CDC happy.

Nanologix will have to develop a test kit that has some sort of indicator; i.e. A strip that will reveal "Positive" or "Negative". Maybe it changes colors; "Red" for positive or "Blue" for negative. You get the general idea.

What if instead of giving you an immediate answer of positive or negative they put one of those square scan boxes on the side of the kit that identified each kit. Instead of displaying "Positive" or "Negative" it displayed a predetermined alphanumeric set. The user would scan the square identifying the kit and then would be prompted to enter the alphanumeric set. If the user was positive he might see "K6". If negative "H2". They would enter what ever was revealed and the app would search the database for the kits scan code then based on the users input it would reveal the result; positive or negative.

The CDC gets their report and the user gets fast results.

Down Home Texan

Exploremore,

I believe the answer to your question is yes.

What's more important? An individual knowing if he or she has Covid 19 or the CDC's numbers?

The CDC's numbers are already whacked. How many times are a positive lab test and a followup visit to a doctor counted as 2 separate cases? Recently, Tricare informed 600,000 customers that they tested positive when none of them had been tested. What about cases where someone tests positive and if anyone they may be associated with declines to be tested then they too are counted as positive. Then of course there are the false positives. Data wise garbage in garbage out.

If a person is willing to spend the money for the test then we can assume they will seek out a physician if the test is positive. At a minimum they will hopefully self isolate. If they purchase the test, and the company reports the purchase, but the buyer never report the results the CDC can assume the results were "positive" and add 1 to the already whacked numbers.

It would be illogical to spend the money on a test and then, at a minimum, not self isolate. If you're not going to take some positive action after finding the results then why purchase the test?


Bottom lime; Getting an infected person out of circulation is more important that the CDC's numbers.

Down Home Texan

Another day.

No problem. Sell your remaining shares with a limit you are comfortable with, say .05, and it can't go any lower because of the limit. Unless someone else decides to sell with an .04 limit.

Hope you get out before it goes back to .04.

So you've taken advantage of this temporary rise in price and sold all your shares? Right?

????

Hey Omar,

Hows this for humorous. Olin07 will have to delete my message because it breaks the rules and it will look like you three idiots are the only ones posting on this board.

Now let me make sure the message is deleted. Fuck Omar, Fuck Olin07 and Fuck Medical Veteran. The only idiots posting on this board.

Parents,

I understand your frustration. I've never seen a board where the posters reacted at such a low level.

You have a few patting themselves on the back for having said that pink sheets were risky. Really! WOW!

Others sounded like they needed NNLX to take off or they wouldn't be able to feed their families. Maybe this group was who the previous group was addressing.

The technology exists regardless of who leaves NNLX. The patent remains with NNLX regardless of who leaves NNLX. The test results don't change because someone left NNLX.

"Build a better mousetrap, and the world will beat a path to your door"

Ralph Waldo Emerson


NNLX has built the better mouse trap.

DownHomeTexan

Parents,

I can't retrieve the post either.

I was tired of the foolish comments that are posted on here and aren't deleted. Comments suggesting penny stocks aren't regulated and fraud is an accepted practice. Something to that effect.

I then posted 3 links. One to the SEC's Microcap website.

https://www.sec.gov/fast-answers/answersmicrocaphtm.html

Another to a story about another stock, that trades on the OTC just like NNLX, that was being investigated for fraud by the DOJ.

https://finance.yahoo.com/news/wirecard-under-criminal-scrutiny-u-175609363.html

Lastly a link to SEC litigation for Microcaps:

https://www.sec.gov/litigation/litreleases.shtml

You might want to copy and paste this to a text document in case it is deleted too. LOL.

Parents, Ask away. I'll try to answer.

DownHomeTexan

Parentsgratae,

Give this a try.

Go to the top of the page where it says "Moderator's"

Click on Oilin07

If Oilin07 is not ignored then select "ignore this user" otherwise do nothing

Now go to "Settings" at the top right corner of the screen.

Select "My Ignores"

Oilin07 should appear as an ignored user.

Select "unhide"

Hope it works for you.

I posted a message yesterday evening and it has been removed.

There was nothing offensive about it, no swearing, nothing off color yet it was removed.

So I won't bother to post. Bye.

This is getting bizarre.

You put $1200 into a stock.

You claim to do "deep dive" research.

So you know everything there is to know about the stock before you invested unless you do the research after you bought the stock.

So you knew about all these straw men that you keep referring too before you invested.

Yet you still put good money into, what your research indicated to you, was a bad investment.

Everything is measured as a minimum/maximum, beginning/end, biggest/smallest.

As I see it the investment world has a new standard of measurement. At the top of that scale is Warren Buffet and on the other end we have Medical Veteran. All the rest of us fall somewhere in between,


DownHomeTexan

That's some pretty old straw you're using to make an argument.

You know, and as others have pointed out, that a lot has changed since that article was written back in February.

You have, inadvertently I'm sure, demonstrated that Bret is a person of character. In the article he states that Covid 19 will be a hot issue but NNLX was in no position to participate.

Bret was being honest and realistic.

February is long gone and new exciting things are happening.

Bret now believes NNLX has something to offer in the fight against Covid 19.

I believe Bret is still being honest and realistic.

DownHomeTexan

You must have been deep diving at the shallow end of the pool.

Yes I, and most others, were right. The tests are not free.

But your claim:

"The Gov’t has contracts with the big boys. Paying $30-$40 per test from them."

seems a bit cheap.

How about posting a link to this "Deep Dive Fact"?

and day drinking?

True that.

We are seeing other small companies coming out with innovative ways of testing. The cat is out of the bag. It would have been nice if we made it there first but the market is huge so being in the top 10 would be rewarding.

The great thing about the new testing is it threatens old technologies like PCR. These companies aren't going to let market share get taken away and not react. They will embrace these new technologies, because they have no choice, and buy up the companies developing them.

DownHomeTexan

Medical Veteran,

" who the hell is going to buy them when they get it for free (65 and older) or its $30-$50 private insurance/cash pay."

Are you serious? Do you actually believe that tests are being given to people and it doesn't cost anything; it's totally free?

What company is providing these free tests? I want to short them big time because they are going out of business.

Or even $30-$60 with private insurance. How much is the private insurance company chipping in? $100 dollars? That raises the total to $130.

" results read by labs, results logged with FDA/CDC to track and control outbreaks'

This is another one of your straw men. If someone tests positive at home the first thing they will do it contact their doctor. They didn't pay for a test so they could ignore the result. What happens when the doctor discovers you do in fact test positive? He reports it.

NNLX technology would do 2 great things for reporting;

1) If the lab reports then the doctor reports you get 2 reports for 1 case. That's not good.

2) The lab will be reporting some false positives. The NNLX tests doesn't have false positives.

"The tests are free." No reasonable person should ever pay attention to anything you have to say.

BIGDinDallas, This is GREAT news for NNLX. This new product leaves all the old technology in the dirt. They have the potential to take a large portion of the market.

Big Pharma will have to find a similar product if they want to retain market share and they have to find it soon.

Strictly my opinion.

DownHomeTexan

Very true Emerald Isle.

That's comparing apples to oranges.

The comparison makes a lot of straw.

You bought Abbott? What a dog. You barely kept up with inflation. You should have invested in my favorite stock AMZN. Have a look at the last 30 years. If you're going to play fantasy stock trading at least pick a winner.

https://finance.yahoo.com/quote/AMZN?p=AMZN&.tsrc=fin-srch-v1

Oilin07,

Probably the only thing not affected by inflation.

DownHomeTexan

Medical Veteran,

"Just the facts ma'am"

I remember someone asking what that means. It was a phase used by Sgt. Joe Friday on a television series called "Dragnet". The show first aired in 1967 and it had previously been on radio

You got to be pretty old to know this stuff; even older than a certain violin player.

I was a kid at the time and watched because my dad liked the show.

Age is catching up to us.

DownHomeTexan

BIGDinDallas,

You are right, Medical Veteran did what you said he would do.

He ignored my request for a link to back up his "$30 test in 5 minutes" and just went off on a rant.

DownHomeTexan

Medical Veteran,

How about a link to this $30 with a 5 minute test?

Cost of Covid 19 tests.

We know there is one company offering an at home test for $300. We can presume there is a market for a $300 in home test.

I couldn't find anyone publishing prices for approved Covid 19 tests but did find stories that discussed the cost of testing large groups. These tests are obviously not at home. The cost of each test works out to about $150.

Here's a link to one such story:

https://hitconsultant.net/2020/05/21/covid-19-testing-every-nursing-home-staff-would-cost-440m-nationwide/#.XueLiaZ7kdU

The question that needs to be answered is "what is the cost for producing the NNLX test?".

There are several costs for the other tests that won't be needed for the NNLX test. Return packaging, shipping, and lab work.

Testing in the comfort of your home and fast results are both worth a serious premium.

The story I linked to above estimated that it would cost $440 million just to test every nursing home patient and staff member one time. That makes testing for Covid 19 a billion dollar market, in the U.S. alone. If the NNLX tests come close to the $150 a test, for large orders of course, then with all the other benefits of the NNLX test they could easily capture the bulk of the market.

DownHomeTexan

Medical Veteran,

Calm down, it will be OK.

I guess you didn't bother to read the link I posted. The tests are free and only available to people at risk.

"Healthcare visits to get tested for COVID-19 are free for all Americans."

https://www.goodrx.com/blog/coronavirus-emergency-stimulus-package-healthcare-measures/

Did your friends get tested at an abandoned gas station and were the "attendants" wearing white tee shirts and blue jeans. Cash only. Let me guess none of them tested positive for Covid-19.

Why don't you provide us a link to the website of the company providing these super fast and super cheap tests?

BIGDinDallas,

I did some research and MV is a little off on details.

The tests are actually free in most cases, courtesy of the Federal Government, if you are a high risk individual. MV suggested you would get results in 5 minutes; not true. It's a PCR test that goes to a lab. They attempt to get results back in 24 to 48 hours but it might take up to a week.

Nanologix should be allowed to participate in the Federal Governments program.

Here's a link to the test locations and informantion:


https://www.goodrx.com/blog/drive-thru-coronavirus-testing-near-me/

DownHomeTexan

BIGDinDallas,

His view is negative but if we look at it as a positive it's rather nice.

The article you posted about another company with home tests did say the test would cost $299. The company wouldn't be selling tests at that price unless there was a market for it. It's possible the $30 test he talks about costs a lot more but some government entity is subsidizing it.

Lets assume there is a market for the $300 test. Their test has to be returned to a lab. You have the cost of the return container, the shipping cost (overnight?) along with lab and administrative costs.

Costs saving becomes another big plus for the NNLX product. All those aforementioned costs are eliminated. Plus room for a little more profit.

DownHomeTexan

Medical Veteran,

Found another dead horse you want to beat?

What color is your sky?

Globalist,

I think that is a "Very' conservative number. If this test is 100% accurate then every government in the world is going to want kits.

This current virus has caused massive economic losses and testing with results in less than an hour would go a long way in getting people back to work and allowing them to remain.

Consider the airline industry. They are filling flights to capacity the result is not going to be good. What if they could test passengers before boarding? It could become a prerequisite in order to fly.

100% accuracy for Covid 19, Sars, Eboli, and any other virus plus future viruses?

Somebody ask Bret to work on a multivirus test. Imagine sales of that bad boy.

I'll be happy if your estimate is correct.

DownHomeTexan

Parentsgratae,

I agree. if the NNLX test is accurate then the value would be enormous.

Someone was concerned about the price of a competitors home test; $300 I believe. The competitor must think they can sell at that price and there will be customers or why put it on the market. The competitor might also be pricing in the cost of a lawsuit for someone handling the return sample and being infected by it. This would not be a concern for the NNLX product.

On the matter of delays I believe the patent and a lack of funds are the delay. NNLX cannot afford to go it alone so patent pending does NNLX little good. Another company wouldn't pay the true value of the product before a patent is granted. If for some reason NNLX is denied a patent then the details of the product become available to everyone. Why pay for something you can have for free.

DownHomeTexan

Medical Veteran,

" How many people will spent $299 Vs a $30 finger prick"

My insurance would cover the cost; I have a $20 co-pay. Besides I have sensitive skin. I don't like pricks.