NanoLogix Inc (NNLX): If not NNLX, it could be any other compa...

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Re: Walker post# 270

Sunday, 04/23/2006 3:45:50 PM

Sunday, April 23, 2006 3:45:50 PM

If not NNLX, it could be any other companies can produce hydrogen economically. If oil price is keep going up at this pace, and hydrogen can be produced economically, hydrogen will replace oil as the main energy. Of course, we're talking about real long-term investments.

Right now oil is at about $4 per gallon, hydrogen is at about $7 per gallon in equivalence. If NNLX or any companies can produce hydrogen at $1-2 per gallon, watch out, the future of cheap energy is coming.

Who would think every car was going to be powered by gasoline over 100 years ago? Who have bought Exxon stock over 100 years ago? Who would think Exxon a $400 billion company 150 years ago?

Think 100 years from now. Let your imagination flies.

But for now, we only know NNLX has the technology to produce hydrogen economically. I would love to hear the cost to produce it. I hope NNLX is not going to be a take over target at the pennies.