NNRF Inc (NNRI)

[danwo]

your point about stock dividend is a good example of poor management abilities and execution. Earlier in my life I was manager of acquisitions (buy side) for a privately held St. Louis based manufacturing firm. I answered only to Chairman and President. We acquired with cash only as a multiple of EBITDA. Whenever we felt there was a candidate never and I mean never did we discuss publically the intent go or bad.

NNRI should have never disclosed their intent to offer dividend prior to due diligence discovery. This is one phucked up part-time freelancers.

I am no longer an investor at this point in time. Lack of revenues and dilution with delusional ideas here.