NNRF Inc (NNRI)

[GIBBER]

Looks like the stock price is confirming my predictions on equity financing. - .16 when it hits .14 then they will probably release the news on the 100M shares for the equity financing. Only if management took us shareholders seriously last Oct when we told them to do something. Now we have the credit crunch and subprime problem and who is going to loan money to a company that has assets in Russia that a worthless because the gov't will come in take them over if they put a lien on them. Management has done a great job for the shareholders. Also I believe IM stuck an SEC investigation on them due to the pissing match that Jim got into with him. I believe this is also another reason for no up listing. It takes less than 4 months on average to go from the pinks to the OB. I believe they started last Oct when they recieved the SEC approval to go to NAS for the up listing. It has been more than 8 mos. So there is a problem and I believe it is earnings they cannot get out, financing and the SEC investigation. Good management they really got themselves in a bind. They would not listen to the shareholders last Oct when we were screaming to them there was a problem.