NanoLogix Inc (NNLX)

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“Wasn't there a SEC form filed by Mr. Barnhizer saying the company has earned over a million dollars?”



Yea, in a SEC filing to enable the sale of more shares, I believe the question on the form was forward looking and ask what revenue do you expect in the coming year, their answer was 1 to 1-1/2 mil. . The money raised from selling shares is/can be listed as revenue so nothing about sales of product can be extrapolated from that. Unless you want to assume majority of money is still coming from selling shares so mum’s the word, I can’t think of any “good” reason to be silent if sales of Petri dishes are going well.

Facts need verified