Nutri Pharmaceuticals Research Inc (NRPR)

[veritas-twj]

NRPR hit a new low of 0.09 on 01/25/2008... As I indicated as likely in my posting below dated 12/11/2007...

Still likely we have not seen the ultimate lows...

At some point however I think the stock will become a Buy...

Tom

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Posted by: veritas-twj
In reply to: None Date:12/11/2007 10:28:22 PM
Post #9 of 11

Why is NRPR stock dropping so sharply? Answer...

I was intrigued by the positive press releases issued by the Company, and recently obtained financial statements (which are not currently publicly posted but are available on request to the Company) to try to figure out why the stock price is plummeting... This is what I found which may explain the matter...

On January 3rd 2006, the Company executed a 1:12 reverse stock split... Always a red flag and recipe for disaster UNLESS simultaneous with an uplisting off the Pink Sheets to a higher exchange such as the OTC-BB or the AMEX... The reverse split reduced the shares outstanding to only 1.2 million...

Later in 2006, the Company issued $6.7 million in "Employee Compensation paid with Stock" plus an additional $1.1 million in "Consulting Expenses paid with Stock"... This in a year in which total revenues were only $0.5 million...

I strongly suspect that holders of the "Consulting Expenses paid with Stock" are currently selling the stock now that the restricted period has likely expired... And with a tiny float the market cannot absorb the selling pressure which therefore accelerates as the price spirals downward...

The stock has dropped from a 1-Year high of $2.10 to a new low today of $0.20... How low can the stock go in the near term? History would suggest a bottom in the area of $0.05-0.10 would be reasonable... Keep a close watch to see if we reach those levels in the next several weeks... Then re-evaluate the situation...

Best of luck.

Tom