I will applaud the new management here and very loudly, even if you wouldn't.
Have you stopped to consider what they have accomplished in their first year and a half?
Do you have any idea what kind of revenue they will be reporting in the 1st quarter this year?
Did you know new management shipped more product in the 3rd qtr last year than this company shipped in 6 years combined?
Did you know that the new management here will have done more business in the last 6 months than this company has done since it's inception some 20 years ago!
Do you realize the CEO has now brought in over $5 million dollars for the company through redevelopment grants from the state of NJ that goes straight to their bottom line, in which $3 million will be reported in their upcoming financials?
Did you know the CEO has an impeccable past record working in the accounting field and was the CFO for some large corporations before coming to NRTI?
Did you know that his accounting expertise is what led him to successfully restructuring the large debt left by past management and getting this $5 million plus in tax grants, instead of relying on dilution to fund the company?
Did you know in the past year alone new management has acquired 3 new brands(Bikini Ready, Slim Trim, & Intrinsix), created a whole new whole food supplement line and got Martha Stewart to endorse it(Martha Stewart Essentials), and got it sold into Walgreens Nationwide, along with getting it in Hyvee and Cardinal Health?
Did you know new management reformulated the entire Surgex line and signed some outstanding rookie sports figures to endorse it and has steadily increased sales quarter over quarter?
Did you know the new management here doesn't believe in paid pumps or dilution to fund the company?
And now we have this huge partnership with Terra Tech that was just announced and all you can say is "But I would never applaud this management, nor go too enthusiastic before I see some statement with a bottom line written in black ink. This company is in a very competitive market. Making deals and bringing products to market is the easy part, becoming profitable is very tough but it's what we need to see this stock grow. The competences needed now are marketing and Retail." - REALLY?
Looks like you have no idea what they will be reporting in their financials or what they are doing in the market or what this company is all about. Did you do any DD on this company at all? Have you stayed current on what the company has been doing week in and week out? Well I have and I proudly applaud the new management here!
Go ahead and tell me about another company that has come even close to doing what this new management has here in a year and a half and operates under the principals this company does, because I am dying to hear it!
Finally the pps moves beyond where it has been stuck for so long and already we hear whining by some about future potential because they want it now and others thinking the company is not doing enough to prove themselves yet. All I can say is sell and go and try to find a better opportunity, because it is clear you haven't a clue what this company is up to.
THE SHARE PRICE OF THIS COMPANY WOULDN'T BE THIS CHEAP IF IT WERE AT THE STAGE WHERE YOU WANT IT TO BE AT RIGHT NOW!
Sorry if I sound rather upset, but this really erks me when the new management was faced with a huge daunting task of turning this company around and they have come through in flying colors so far and for you not to noptice or appreciate that is incredibly irritating!
Cheers!
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