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Re: franklinsmith post# 1191

Friday, 09/03/2010 5:54:38 PM

Friday, September 03, 2010 5:54:38 PM

Post# of 1639
Something is definitely in the works when you see the CEO from another competing company investing in 15m shares of stock..Pharmachem has been buying up other companies and creating "Subsidiaries"..NXXI could be next..A "Reverse Merger"?
Grantred, NXXI has made many mistakes in the past..The IcelandHealth venture was a disaster and they have apx. $18M of debt coming due in about a year from that failed venture.. However, the last 2-3 quarters have had a very positive looking EBIDTA..(Earnings before interest, depreciation, taxes and amortization).It appears that their ingredients business is now exploding as their Chromax ingredients are beginning to show up in many new products..Also, their CP is now approved in both Europe and in Canada..I have to believe that this is going to be their year..
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