NNRF Inc (NNRI)

[kingthorpe]

Gibber...the problem is this...
currently Atoll isn t doing equity acounting as we do in north America...so the earning is Atoll are not recorded on NNRFs books untill that is changed...to do so NNRF has to get RF s security clearance from both the Russian & US gov't..once this change is made earnings will be recorded...but you can still figure out what they will be just by what Atoll is reporting...also due to the fact Atoll is nuclear related the RF only lets certain accounting firms deal with related companies do to the fact some aspects could be military related..so it takes time to get everything to Jive..with 2 more aquisistions in the final stage of DD ,a German JV for BEECON/FIECON and manufacturing starting up...and Atoll expanding capasity i think the upside is huge..

And think about what NNRF s 50% of Atoll will be valued at in a year of 2 from now?once they change over to equity accounting they will have different ways to evlauate the company..NNRF buying it for 4.6 million was a steal..they will make that back by year end...lol..and with As previously reported, ATOLL's order book includes confirmed contracts of US$183 million. In addition, ATOLL is preparing to submit a tender for a contract worth an estimated US$96-104 million.

If they pull off even 30 cents earnings this year and they are in the development stage and don t have a full years bookings from Atoll at 50% or from a newly expanded fasility...add to the fact some FEECON/Biecon sales in 2008 can you imagine 2008 earnings?they could easily do a buck....20 times earnings...20 bucks..now is the time to acumulate the stock when everyone is confused and dismayed...