And the huge update...... notice the paragraph referencing today's NNRF PR. oh, but this was put out on April 19th!! He must have meant the January LOI.
GBMR is starting to break out once again. GBMR gained 10% on Thursday to finish at $0.016 on strong volume of 10,171,843.
There are 435 commercial nuclear power reactors operating in 30 countries. They supply 16% of the world's electricity.
Years ago, there was a nuclear meltdown at the Chernobyl nuclear power plant in Ukraine. This was the worst disaster in the history of nuclear power.
GBMR's NuCap was used successfully at Chernobyl to contain the radiation. Robots were used to apply the foam version of NuCap over the nuclear fuel containing mass under the reactor. Applications were also made to the radioactive-dust-covered surface areas inside of the main pumping room. These applications were designed to fix the radioactive dust in place, preventing its dispersion and enabling decontamination of the surfaces.
GBMR has given NNRF a sublicense to sell NuCap in Russia. Earlier this month, NNRF received approval from the Russian government to sell NuCap.
After NNRF announced that NuCap was approved in Russia, the stock started to take off. NNRF has been the biggest gainer in the entire market during the past month.
NNRF will be ordering all of their NuCap materials from GBMR! Therefore, with NNRF running from $0.50 to today's closing price of $7.26, I find it unbelievable that GBMR is trading for only $0.016!
GBMR's volume has been starting to pick up. I believe GBMR is about to explode.
NNRF has already signed an agreement with the Department of Nuclear Sites Decommissioning of the Federal Agency of Nuclear Energy of the Russian Federation to supply NuCap for Russian and G-8 funded nuclear waste decontamination projects. These projects will continue through 2012 and will cost an estimated $4 billion.
This agreement will likely result in very large revenues for both NNRF and GBMR!
Imagine what will happen to GBMR when the investors buying NNRF find out about GBMR! I doubt it will be trading down here anymore, that's for sure!
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Jonathan Lebed
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