NNRF Inc (NNRI)

[stocktiger]

As usual first time posters so often do not read

Every so often we do get a serious first time posters and that is great but so often it is someone who only registered to come and say something rather dumb about the company or the ask questions that have been answered in detail here in the past. So often though they ask things that are very clear in many press releases from the company so we know they never even read a PR.

ATOLL was doing pretty well with their design and manufacturing. They felt though (I believe) that they had not much chance of expanding into China, Europe other parts of Asia and the middle East as example. They well knew the CEO of NNRF as he ran the Nuclear plant in St. Petersburg in the past and was the former Deputy Minister of Nuclear power. NNRF had strategic partnerships the Russia operator of all the nuclear power plants and NNRF is an American company and were willing to give USA stock to a Russian company. With all the resources of NNRF if they were to only help ATOLL to say double their business then giving up 50% would just bring them to the same position as they were before. But they also realized that on top of this they could receive Cash of more that $2 million and become a major shareholder in NNRF wich in the furture could be worth a huge sum.

Some of our basher posters or first time posters cannot use there head it seems and figure out to what advantage being a major shareholder in NNRF could do for ATOLL besides increase their revenues and therefore earnings. It also gave them access to an area they had no experience or expertise in. M&A. If our new-to-this-board posters bothered to even read any of the past press releases they would find that ATOLL plans to participate equally with NNRF in two of the acquisitions (JSC Electroprivod and Velkont ) that are in th works now. ATOLL on its own could not have put these deals together.

Remember that this is only a few months since NNRF bought 50% of ATOLL. Seems to me that ATOLL has made a very lucrative deal. NNRF receives 50% of the net income from ATOLL but ATOLL receives a much larger total revenue and are a major shareholder in Nucon and are about to become partners in two acquisitions as well.


Serious investors can call me as they know - my number is on my special situations page. As an investor with NNRF since last September I have kept up with most all the activities and because I have lived in Russia for many years I am quite familiar with business here and have perhaps a better understating that people who do not live here.

I like to tell real serious people about the company as I know it but to keep reponding to these posters who do not do any rel research on their own and only come here to bash and look foolish is a waste of time.