NanoLogix Inc (NNLX)

[dj101]

Dilution?

I really hope they don't dilute this stock -- particularly before getting out of the Pink Sheets.

There are too many Pink Sheet stocks that are diluted and I don't want to see that happen to NNLX. Increasing O/S is often perceived as printing your own money -- a micro-version of hyperinflation.

In light of this, the company's public image would seriously face investor scutiny without "independent" verification of their hydrogen claims. They risk appearing like some of the unsavory Pink Sheet stocks.

In addition, I wouldn't mind reading a press release issued by Welch's.

I'm not sure why they need to construct a second bioreactor. Perhaps they should start selling the hydrogen in their first reactor?

Nevertheless, I am long (but cautious) on NNLX!