Wednesday, September 26, 2007 3:23:01 AM
In the June 10 PR about the joint venture with the Russian company Atomenergomash they said that they would be moving ATOLL to Izorsky Works, the largest industrial enterprise in St. Petersburg, Russia. I reported earlier that they would be adding equipment to increase production capacities and this has also been in earlier SEC filings. They did move ATOLL to the larger facilities.
As NNRF only completed the 50% on March 13 their share of the profits for that time were better used to stay with ATOLL for equipment purchase in my opinion as that is what will drive higher profits.
I am a consultant for NNRF, Inc and own personal shares
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