Nutranomics Inc (NNRX)

[justatrader]

Today’s news release in very informative and made be Geoff Bazegian himself through Newswire. The most informative part I find most interesting is that the 3 Quarter report will be giving the information about the merger instead of the EOY as originally planed back in Jan… It appears that NNRX is moving a little faster than there original plans, a very good sign. As for more dilution of share count there most likely be around another eight hundred million shares or so to satisfy on going activities. This will continue till NNRX can show profits and then will start to wane as income increases. Once NNRX starts posting regular profits I do expect some buy back to start a little at a time as to not inflate the price. A reverse split would not help the company or there share holders, a RS would be very bad to the company at this time and all parties know this.