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Replies to #1031 on NNRF Inc (NNRI)

stocktiger

05/09/07 12:50 PM

#1032 RE: stocksearcher2000 #1031

Most shares are subject to lock up agreements

About 10,000,000 shares are held by officers and they have a lock-up agreement and cannot sell

There are also about 13,000,000 shares that are subject to either a lock-up or leak-out agreement.

We could sure use more shares in the float as it may help calm the volatility but I think there would be very limited quantity in the leak-out agreement. This allows a small sale each month by the party who is covered by this.

It is pretty obvious that at theses low prices it would not be a wise move to sell anyway.