NanoLogix Inc (NNLX)

[Petro_Drlg_Engineer]

Seems the group from Singapore signed an agreement to sell Nano's products - NOT do website development! If they are as accomplished as reported, then who cares about the website. I just care if/when Nano generates sufficient sales to stop PIPES, and become a profitable company. Then the dilution will stop and the value of the shares should grow as the company grows.

Looks like the share price IS increasing as it's now at 16.8 cents on volume of 84k thus far today. Level II is showing 50k bid at $.165 so buying interest seems to be increasing and havn't seen anyone dumping 100k+ shares to stop the progress as of yet. Of course a +500k share trading day can take these out as we experienced late in Feb.

Overall, believe the company - management is making progress to building a real company. My opinion only.