Nutranomics Inc (NNRX)

[justatrader]

It appears that the selling into the .0002s has stopped around 11 o’clock. Let’s see what the rest of the day brings now.

I don’t know what people expected out of Oct. Q Report, dollar wise there was no chance of showing income for that period, none of the recent changes that have taken place would not show in that report. Reading through the highlights of the report was what was important. Bishop taking on a partner for over $500,000.00 cash for working capital was an important step, and giving him a line of credit for future expenses. The balance of which is what was showing on the books as cash/working capital ($100,000.00 +/-). What was the important part of the report was the guidance at the end of the report.

The Second Q Report(January's)should be more telling as to the status of the company and should show some income. Do Not expect to be seeing a profit is January report, expenses will more than offset any income. The important thing being is that there will be income, no matter how small, which will show the company is moving in the right direction.

As a side note: All of the selling into the .0002’s yesterday and this morning, could it have been NNRX re-purchasing the own options back at an agreed to price from the holders? 400,000,000 shares at .0002 only amounted to around $80,000. Just some food for though.