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Thursday, September 20, 2007 2:25:58 PM
The press release today was very good as this will be the first order of FEECOM and BIECOM and the first major order outside of Russian or the former Soviet Union. I believe this will lead to many more orders. Obviously when one of the world's largest power providers orders and installs your product it increases your credibility and name recognition with other power producers.
The manufacturing plant in Germany has the equipment ordered and paid for and the company says this first installation will be in the forth quarter. The company also says they have a new product using FEECOM and BIECOM that can replace lead which is used in hospitals, dentist and doctor's offices for x-ray shielding. This also is a huge market.
TUV NORD, the German technical survey organization was also at the recent seminar that NNRF gave and as they are active in the issues of transportation and storage of radioactive waste I expect we will begin to hear more about NNRF's involvement in these fields.
Very pleased to hear the super progress NNRF is making. Also like the basing the stock has done over the last couple of months. During that time many original buyers from over a year ago either took profits of sold their restricted shares to buy back unrestricted share - regardless the stock price is up over the last two months in stead of down as one would have expected during a time of selling so the buying is still stronger than any selling. This is very bullish and the news today is very significant as I believe these products will be very major winners for NNRF.
I am a consultant for NNRF, Inc and own personal shares
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