Nutranomics Inc (NNRX)

[justatrader]

You know I been catching up on all the post since I got back last Friday from short trip to North East Pa., and there is something I can’t quite get my grips around. Besides the tone of all the posts being seamlessly very negative, I can only see a few things that have really changed with NNRX since the beginning of NNRX’s calendar year.

1) Three Officers of "The Plant" quit be for Bishop could fire them for not performing as outlined in there contract.
2) A tenuous law suit filed by the same three Officers, which the Judge refused to hear and seems to have gone nowhere.
3) No new PR’s since April 27, which is not unusual for NNRX in the least. They have started posting only things that they are sure has happened.
4) They got current on their quarterly reporting on June 1st.
5) Updated January's report on June 12th, and there April 30th report was due second week in June which makes them three weeks+ behind again, not the first time they've been behind and I'm pretty sure it won't be the last.
6) "The Plant"’s (not NNRX) second quarter revenues have increase by $200,000+ over there first quarter, that’s roughly a 50% increase over the first quarter’s report.
7) "The Plant"'s Gross Profit (Loss) has decreased by about $250,000 from the first quarter loss.
8) Dept has increased from the beginning of the calendar year, The Plant is still a work in progress, though revenues have increased, expenses still out stride revenue thought this seems to be improving.
9) Outstanding Share Count had not increased from Dec 22’ through May 23’.
10) June’s share count went up 50 mil for which; as of now we do not know the reason for. Everyone seems to have forgotten that the reason for the 50 Billion increase in total shares allowed, was for the purchase of The Plant and it’s improvements and operating expenses till it was self sustaining. Bishop appears to have been very frugal as to how he has been putting those additional shares on the open market, Instead of diluting share count further he has preferred borrowing.

Myself I still like NNRX and will continue holding my shares without complaining every day. Though the post due give me something to read on the board, with out them board would be silent.

P.S. If anyone has herd anything new on the briefs that were suppose to have been written up in regards to the Judge's rejection of the suite, please post. It seams that everything has has died, I haven't heard anything new.