Nutranomics Inc (NNRX)

[justatrader]

NNRX already owns the shares in the Offering, not sure how that would work. I suppose they could use cash form profits of the Plant to purchase them and turn into Treasury Shares, not sure if that would be approved or not. Just speculation/food for thought though; what is possible are that they are being sold to a financial backer/partner or maybe used as a way to purchase another company. That company could buy the shares in place of a cash deal and sign over ownership in the company, when the shares went back to .0003 or better that company reap the profits, don't think it would ever happen tho. I’m not quite sure how it would work it would take a good financial adviser to handle it. Any number of ways the shares could be sold and used, one guess is as good as another.