Monday, July 16, 2007 1:36:25 PM
First, and apart from the subject of this post - as was in the newsletter - this selling is Naked Shorting and they will not be able to cover using 144 stock as the stock they think was registered was not. They think warrants and converts may be coming due but they will not be issued as stock this year. They are criminal short sellers with no stock to back their selling. T
The company is cooperating with law enforcement officials and you can count on there being a significant short squeeze.
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Now the article
http://www.rosatom.com/en/comments/5397_09.07.2007
– Unlike its foreign analogues, Atomenergoprom will be a unique company uniting the whole technological chain
The establishment of Atomenerogprom is the first real step towards the reorganization of the sector, a step towards united management system similar to the Soviet-time Ministry of Medium Machine Building.
The establishment of Atomenergoprom is a very timely step: today, companies worldwide are actively uniting into big export-oriented corporations. For example, Toshiba, who merged with Westinghouse last year, is now going to establish partnership with Kazatomprom (Kazakhstan) so as to obtain an additional source of long-term uranium supplies. This example proves that the competition on the international market of nuclear technologies is quickly growing.
However, unlike its foreign analogues, Atomenergoprom is a unique company uniting the whole technological chain – from uranium mining to NPP decommissioning. This is our competitive advantage and we must use it right now. I think that we are moving at the right pace.
As regards appointments, I think nobody has been surprised. It was quite easy to foresee who would be placed at the head of the company. I think that these appointments have shown who will be later named to manage the nuclear corporation that will embrace Atomenergoprom and nuclear weapons companies. For example, it is obvious that the head of the Presidential Administration and the chairman of the Board of Directors of TVEL Sergey Sobyanin will be among the managers.
I am a consultant for NNRF, Inc and own personal shares
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