NanoLogix Inc (NNLX)

[parentsgratae]

My perspective of this volatility.[reposted & edited from yahooMB]
All is Well. The sudden drop occurred probably as lockshed described...a former insider dumped a large block of shares because the restricted period expired and he was free to sell. The rest is a ripple effect because this is a pink sheet and there are many short term traders. Yes as you know, as I posted, I first asked Bret Barnhizer to be CEO of this company. All is well. Bret is focused on building a strong company and enterprise and he is doing just that.

In response to a question from a member of our investment group, I agreed with him that this was a good time to add. But my perspective is not December, but the developments in 2010. And, as I recall, my prediction was happy summer, happier winter [Begins Dec 21] and happiest spring of all. The point is that it takes TIME for things to gel, for a foundation to be built so I do not worry about day to day fluctuations....I purchased 150K at 4 cents and why should I worry now?

Our management team is outstanding, our investors are strong longs. About 2/3 of the float voted for management recommendations - what is the usual vote for companies? Is it not 10% of outstanding shares that actually vote? Contrast that with 66% that actually voted in NNLX'S Shareholders, Meeting.

So we have the thorns of short-term traders or manipulators causing volatility in the pps. So what. They with their cumulative efforts cannot stop the forward progress of this company. I have a long IGNORE list [ON YAHOO MB]...a total waste of my time to read their posts. However, I am not a stock advisor and each person must make investment decisions based on his/her due diligence.

Merry Christmas...Our Saviour is born and now reigns on high... This is a glorious time of the year....Do not permit these thorns to spoil it for you...
Parents
PS I ignore no investor here and appreciate the I-HUB!.