Nutranomics Inc (NNRX)

[justatrader]

Just some numbers as I understand them: as of April 2021’ NNRX had a cash deficit of over 12 million dollars on the books. That is equal to roughly (-0.0012) per share based on 10 billion shares. When and if the SEC approves the additional 10 billion shares for NNRX (bringing the total to 20billion shares) and assuming at the time of sale of these shares the market value per share is at .0015 per share that will bring in a positive amount of cash of approximately of +15 million dollars. The total share count for the company will be 20 billion shares. The 15 million minus the (-12million of deficit) will equate to a positive cash balance of 3 million or a positive (+.00015) per share and NO debt on the books. All this is based on numbers form last April 2021’. What has taken place with cash flow form last April to end of July will affect the above number of course; any positive cash accumulation from April till the end of July will only improve the positive (+.00015) per share value. Also, this is assuming that at the time of sale of the additional shares the market value per share is only .0015, (Note: it could take OTC 4 to 5 months to approve the sale of the additional 10 billion shares) by Dec of this year the market value per share could be well above the current value depending what the EOY Q report looks like. To my way of thinking this makes NNRX a very good speculation stock going forward and worth the risk I have take in it to date.

It there is someone out there with a better understanding of stock values and accounting, please fill free to correct my numbers, I am only a layman at working on books for the small company that I own.