NanoLogix Inc (NNLX)

[2morrowsGains]

The companies NNLX is communicating with could very well be British Petroleum...
http://www.bp.com/home.do?categoryId=1
and Northern Power...
http://www.northernpower.com/

Here's notes of a conversation w/ Mr. Felder posted last month on another board by Napolion...

>>>Report on onversations with NNLX principals, Mitch Felder and David McClelland...

Caution: This is the gist of phone conversations to the best of my recollection, so bear in mind that it may well be inaccurate...

Most economists and scientists agree that Hydrogen will progressively replace Oil in the economy of the future: unfortunately, it currently costs around $7.00 to produce the Hydrogen equivalent to one gallon of gasoline.

However, it appears that the only technology currently capable of making Hydrogen production competitive with the cost of today's Oil is the use of Bacteria feeding on waste Biomass and Heat and NNLX is the leader in this field. Its first Hydrogen Bioreactor Facility at Welch's already produces a Biogas that is some 80% Hydrogen, the rest being CO2, which is easly removed. The bacterial reaction is self propagating, as the number of Bacterias doubles every 24 minutes. Apparently, in the field of inexpensive Hydrogen production, NNLX is the only company with a commercially available product, ready to accept purchase orders as early as June 2006...

1) Patents: Out of a total of 11 Patents in existence worldwide covering the production of Hydrogen using the Clostridia bacteria, NNLX owns 5 and has another 22 provisional Patents filed covering unique system know-how and features...

2) There are already a number of major players interested, such as BP and Northern Power...

3) Bulletin Board application: the Audit will be completed at the end of March and it's anticipated that the stock should trade there by June 2006...

For full post, go here...
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=918431&cmd=read