Nutranomics Inc (NNRX)

[justatrader]

I’m guessing that The Plant's owners were in financial problems, bit off more than they could chew, they borrowed more than they could pay back. The plant is viable business that was running into trouble it was not generating enough income to complete the construction plus pay employees and property rent, etc. It was a prefect time for Bishop to step in, the plant had the business and Bishop had the finance to complete the project. You have to remember this is not a merger Bishop/NNRX bought DHS/The Plant and NNRX/Bishop is the owner, "The Plant", employees and officers that stayed on are under NNRX’s control, it is a subsidiary of NNRX now. The plant is under the supervision of the three existing officers that stayed on and will be added to NNRX’s board of directors. I think Bishop has aligned with some deep pockets for backing; i.e.: silent partner is my guess and there will be more Acquisitions in the future. Of course this is just my opinion and could be totally wrong, but till I hear different this is what I’m thinking.