NanoLogix Inc (NNLX)

[Emerald Isle]

Definitely not unaware, but the net result is a negative. At 145,000,000 shares there are already too many outstanding shares for the likes of many investors. Would you like NNLX to increase their authorised number of shares? If so, please explain why.

I would rather see either a reverse split or a stock repurchase plan to reduce outstanding share count. A reverse split would only work after significant revenues and financials demonstrating a level of support for a price reflective of say 14,000,000 shares outstanding.

EI