NNRF Inc (NNRI)

[GIBBER]

I hope next year the company does a better job disclosing information when they are off the pink sheets. I have to say I was a little surprised to see this one have to come up on the MB. It appears bad at first since we had to get it off the MB. But in the long run it is a good deal for the company to have access to the top person for nanotechnology. It does not take a rocket scientist to figure out that materials are what improves a product and can turn it into a commerical product that is cost effective.
We need to let this one go and say the company should have done a better job of informing us of it.
The thing that will get the stock going is getting off the pink sheets and discussing the potential of this company. The street discounts things by looking out 6-12 mos. Unfortuantely every time I try to put out an analysis of what I think the company can do no one ever says I am way off or on the mark. Just the other day Iran stated they plan to build 19 nuclear power plts. I wonder who will win them?? Russia I bet and whow might get a large share of the business-NNRI?? I think so. So if they get 3-5% of a 3B plant that would be over 90M of product for each plt. So if you would talk about the potential the stock might move. The company has not done a good job communicating and it will improve next yr. So here is my projections for the company starting in 09 and beyond. Remeber that sounds like a far time out but orders have to be placed 1-2 yrs before plts are built so some of the huge potential will becoming next yr. Atolls 4th qtr and any guidance should help to confirm this.
Projection from 09 on
- 100M/yr for 10yrs for Russian containers (10% of 14B for clean up)
- 100M/yr for 10+ yr for the European cleanup (14-20B fund - 10% for containers)
-8-10 nuclear plts per yr (NNRI wins 50% of business from major contractor 3-5% for product off $3Bplt)
- from above 300 -500M for plts per yr
So the company could easily do 400-700M dollars in the 09 or 10 yr.
This does not include the bieecom/feecom for medical and other applications.
It would be nice to see if anyone agrees or diagrees with the numbers. The company screwed up in my opinion on this last one and lets quit beating a dead horse. If these guys were making 500k+/yr from the company we would have to worry but they are working for peanuts and they are going to get paid just like us when the stock get up there hopefully in the 60-80 range if they do the numbers I am forecasting. 25% net margin on 500M equals 125M dollars divide it by 50M shares you have 2.50 dollars earning times 20-30 pe equals 50-75 dollar stock. I can live with that.