NanoLogix Inc (NNLX)

[Gunlvver2]

bigblock. . . That $.5million figure was part of a company news release if I remember correctly. Another PR stated a production capacity of 20,000 to 25,000 cubic feet daily of Hydrogen for a 25,000 gallon bio-reactor. I assumed that $.5 million figure meant for a 25,000 gallon bioreactor and I imagine others on this board jumped to that same conclusion. Maybe someone can contact management for a clarification on the facts.

You are right about the fuel cell probably being the most efficient use of Hydrogen in vehicles however there is already a huge market for Hydrogen in the production of Ammonia based fertilizers. Ammonia (NH3) is already being moved around the country in pipelines, tanker trucks and railcars in huge quantities. I think this market will probably be one of the first sources of revenues for NNLX. The fuel cell and automotive market is probably 5 to 10 years in the future IMO. The fertilizer market is here today!

Dennis