If you guys believe that mgmt here is now getting deals done, I'd suggest you consider making a switch from NNNC to RWNW.
RWNW is a shell with the same CEO (Steve Careaga), consultants, and lawyers.
Their merger deal is with a firm with huge CURRENT revenues compared to NNNC
(July 28 news -- definitive merger agreement with Arabian Recab For Trading Co. (a 25 year old Saudi Arabian company focused primarily on the transportation industry. Revenue of approx $29 million USD in 2004))
RWNW has not yet had the big run that NNNC did – Friday’s close 0.0017.
RWNW is just coming off a S-8 of 224 million shares from July 21 must now be done after Aug.11-12 volumes, so the PPS was hammered.
O/S of only 350 million (per last 8-K, July 21) plus 224 million from S-8 makes for 574 million.
Low Market-cap of under $1 million [assuming $0.0017 (Aug.12 close) x 574M o/s]
RWNW is a safer, smarter bet than NNNC with more upside, IMO.
Best of luck,
Tree
Best regards,
Treepeople
