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Re: danwo post# 4106

Friday, 01/25/2008 12:00:09 PM

Friday, January 25, 2008 12:00:09 PM

Post# of 11478
That's rediculous Danwo - you obviously don't understand the business model. 18 months for a startup to develop relationships with foreign counties, bring in JVs, rely upon different country accounting methods that have to fall in line with US GAAP rules; work with foreign govt's to get in their markets when the foreign market processed are not even developed yet to allow US stocks on board - all that and you expect solid profits in 18 months.

NNRI isn't selling in the US market. It's customer base is the Russia, Europe and the missle east.

This isn't a 1 product company selling a consumer product in the US. If it were, I would expect revenues and profits in 18 months.

What they have is far greater, but a longer lead time in developing the market and processes which those markets use.