NanoLogix Inc (NNLX)

[parentsgratae]

Only one month ago Rocketeer...posted:
"I respect Bret's silence more than the other guy's bogus claims and deadlines. That said, many companies and people have great ideas- making them commercially viable is a whole different game. Bret has his shot now and I'm willing to give him some time to see what he can do."

Is 30 days sufficient "time" to give?; so now, 30 days after his post on 6/13/07, Rocketeer has a radical change of position. Perhaps Rocketeer did not understand the definition of "restricted shares"; those are shares that cannot be traded for one year. You cannot get a loan with restricted shares and, because NNLX will be fully reporting within one year, SEC rules regarding insider selling are in effect applying other sell restrictions to those shares.

In essence, Bret Barnhizer and the BOD are working for their equity position only; THE QUESTION IS WHY? And the only possible answer is that they have confidence they can turn the company around and realize the technology potential that NNLX has. My view.