Nutroganics Inc. (NUTTQ)

[thesmalls]

it would be far more interesting if the company provided financials. they could start with the $300K in financing. what is $300K going to get you in the M&A world?

this company appears to be buying barely surviving to limited groth organic food companies under the guise that it will use economies of scale to extract higher margins. no terms on these acquisitions have been provided.

without financials or terms - how is a shareholder supposed to evaluate what they own...?

i owned shares in the former MLOG and unfortunately own too many. if i could effectively liquidate without tanking the price - i would.

what i cant figure out is who is buying. the spread has been relatively small and there seems to be more buying than selling on the offers. i simply cannot imagine what would entice a new investor to take a position in this company based on the available news.