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Alias Born | 12/21/2006 |
Wednesday, March 21, 2007 6:16:15 PM
Per his post "investors and potential investors would like to see some basic fundamentals, like how many shares are outstanding, what is the float, which inisders are buying and which are selling, the company's cash position, burn rate and etcetera? You don't have to be registered to disclose such to investors and potential investors."
Lots of former, current, or potential investors would like to see this information. For this company to truely have the future potential most of us envision; it has to get to fully reporting status. Current management is keenly aware of this and it's my perception that they are working to achieve this stated goal. When it will happen? Probably later than most of us would like, but just want to ensure that it does happen.
Know of at least one pink sheet company that does regular 8-K, 10-K, 10-Q reports. Therefore am not as concerned if NNLX moves to the OTC-BB, but getting the financials in order, audited, etc as necessary to be able to file these reports would go a long way in building credibility. Anyone see a downside in fully reporting while still on the pinks?
Have read posts that the initial statement of when NNLX would accomplish this was premature by the previous President. Ok, but still want to see monthly or quarterly progress in this direction. Seems the new management structure will allow this to happen. Then all will have the facts and data necessary to evaluate the company and it's progress instead of just on potential and 'trust us' PR's.
Conflicting views are healthy as long as it's framed as statements, and not as personal attacks. Current share ownership should not be required to voice a concern, question, or comment. JMHO
PDE
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