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Re: Chrf4 post# 9141

Tuesday, 06/16/2009 11:42:50 AM

Tuesday, June 16, 2009 11:42:50 AM

Post# of 11481
Chrf4, I am reposting one of the last treads in Stocktiger's NNRI forum before he shut down the NNRI discussion. Of course being a ST reply, its value is dubious at best. I can't recall if their was ever any discussion of any inter- relationship dealings between Atoll and Velcont in any NNRI filings. Regardless, I don't think anyone on the left side of the pond have much of an idea what Atoll is worth.

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>>If NNRF is doing nothing one would think the company still would be valued higher due to the holdings in Atoll. Of cousre, even if the holdings in Atoll are real, we still don't know what's going on there due to the lack of filings. But assuming the the Atoll business is real, (as it pretains to a NNRF) there has to be some value here, right? At least more than a penny.<<

His reply --

>>Remember that NNRF moved most of ATOLL to Velcont as they planned on buying Velcont 25.5% and ATOLL would have 25.5% - I think NNRF only bought 3% of Velcont so if ATOLL now books its sales through Velcont then ATOLL will have minor sales and Velcont larger ones but as NNRF never completed its purchase of Velcont its value is less.<<
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Not sure what what the hell "...NNRF moved most of ATOLL to Velcont...." really means.
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