The only thing that I was refering to was that once again this company has said something that it is not intending, intentionally or unintentionally doing. This company has wasted an increditable amout of creditability capital and any company only has so much to waste. They lack creditablility with investors and the investment community. Even if they or some of the investors thinks that it is a waste of time, they must complete an action that they say they are going to take. Why do I know? I am the CEO of a company that has had the same problem. No one believed us when we say something. My comment to our PR staff is the same as should be told to NNOS, "Do not say anything until it is a done deal." Neither we nor they owe the investors a second by second PR about what might be, we need, and NNOS needs to convince the entire community that they can complete one thing, then tell the world how good we (they) are.
Further, I would suggest that they need to do a reverse stock-split. The stock is now worth nothing in the equity market and they can do something about that now without costing the stockholders a penny. Suppose that NNOS issued 1 share for each 100 shares, that would make each share of stock worth $1.65 -$1.70. No shareholder would be harmed. (Except for ego.)
The uphill battle the new board has to overcome is: Creditability!
AI
