Nutranomics Inc (NNRX)

[justatrader]

Reality Check ….

1) Stock is still trading on the open market.
2) Volume of shares traded per day average in the millions
3) Price for at least the last 4 months has averaged .0001 (1,000,000 shares equals $100.00 not much but better than nothing)
4) There is not much down side from here, a lot of up side potential
5) In the last Q Report NNRX stated that there NANO CBD Products would not be listed for sale by Partners till mid to late 4th Quarter 2020’
6) What would a Class Action Suit do for stockholders?
a. Would cause NNRX to spend what little cash they have for lawyer fees
b. Bishop’s personal wealth would not be affected, company is incorporated.
c. NNRX would most likely go bankrupt
d. Any monies left would go to Creditors first
e. Premium stockholder second (Bishop)
f. Lastly common shares holders last (zero amount)
g. Common shares holders would loose what little value is left in there stock and shares would be worthless.

The July Q Report will be coming out next month, assuming around the middle of Sept., this report should be very telling one way or another. Most of us have held on this long what does another few weeks mean. If the July report is not promising I would contemplate liquidating my shares on the next dead cat bounce that came along. In the mean time I will just sit on my shares. A loss is only a loss when you sale your shares, till thin it is only a paper loss. Share price only affects your cash assets one way or another when sold.