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drugmanrx

04/20/18 9:19 AM

#9905 RE: Emerald Isle #9902

Care to supply an official company release link.

Google can't find one.

If it only though a signed up mailing list for these so called updates why would you expect to see any NEW outside interest in the company?


I am little surprised you left out this up date from 4-11.2018

"The publication in the EU Patent Registry is the essential and final step to enable NanoLogix to offer a fully registered and validated patent in the EU for license and/or sale. This step is in accordance with the Company's stated goal of using receipts from those efforts to fund expansion of agar-filled petri plate production in the US and complete development and pursue marketing of both the N-Assay modified ELISA rapid bacteria diagnostic test and its associated Pre-test.

The Company is currently seeking to raise $30,000 for the April payment of the international annuities for the issued FlatPack patents and pending applications in the following countries:"



Seeking to raise $30,000, apparently sales or profit margins aren't that strong at NNLX as we are lead to believe. (How many years has NNLX been in business ant they don't have $30,000 on hand or access to or credit line available? Scary!) And you wonder why there is no interest here.

"These annuity payments were made possible through a long time shareholder's efforts and the resulting receipt of funds by the Company from a new investor."

Apparently the company had to take out a loan I wonder what the collateral was? Since NNLX doesn't report we may never know.