NNRF Inc (NNRI)

[GIBBER]

A friend that watches this stock told me he thought the way it is reacting that we will see a PIPE financing around .25-.35 cents and a dilution to at least 100m shares. I am beginning to think he might be right. He also says we will probably never see 10 dollars after this type of financing happens. I did say that if they waited until after the 15th to release earnings we would probably see .50 cents. Welll we are there. This is a real disappointment. At these prices it is going be very hard to get it moving up. The earnings report is not going to move it. A listing might but it looks like PIPE financing and a buy out for if we are lucky at 1.00 is most likely. When management does not do a thing to protect the stock price they are at the mercy of the sharks. With the financial markets the way they are they do not have much leveraage to get a good deal. When management is so agorant to believe all they have to do is implement their business plan and they do not have to worry about the stock price it will take care of itself then it does maybe not in the right direction. They sure are right it does take care of itself. I believe the only thing that will turn this stock is different management. They do not and have never cared about the shareholders. It is too bad because they have a great business model. We just don't know if they have the right product. A person that had a similar job to Richard Wahl for another company told me back last August the two biggest problems with NNRI was it did not have the financing to move forward and they did not have an investment banker and advisor that knew how to handle the stock price. I think he called it right on the money. Now all we are doing is hoping and hope usually never works in investing. I have to say it looks like another yr of dead money. We still do not know when there is going to be an annual meeting. I sure want to go to see this management to see if there is any hope to just break even. I am beginning to doubt that too. I just hope it can get to 1.50-1.80 so I can now break even. If there is a management change that cares about the shareholders and makes an effort to do something about the stock price we might have a chance. Look at the PR they have recieved a new order for Biecom/Fiecom. It does not tell for how much. It could be for a prototype for 10k. This management team is not truthful with use. I would bet anything this is just a prototype order for testing by a company. If it was significant they would have told us the dollar amount - another hype just like the 100M dollar order we never saw and the spinoff shares. More hype to help the 144s sell to us. Each day and the stock goes lower and ST is not hyping it anymore like he use to do. The list goes on and this management just does not care it points to some problem that people in the know know but we do not. I guess we will find out soon. I bet they ask for an extension for the earnings. If they do this will be a .25 stock. We will then get the yr end and first qtr earnings about the same time. I think they did that for the 2nd & 3rd qtr earnings. that seems to be the track record for this management team.