Replies to post #2561 on NanoLogix Inc (NNLX)

[dj101]

I have to agree with most of what you say.

I really don't understand why a stock like NNLX is trading for only 10 cents per share when there are so many companies that are losing money and have their shares trading in the dollars -- and many of these companies don't have the kind of proprietary technology relative to Nanologix.

Is it because NNLX is still in the Pink Sheets?

Whatever happened to "fully reporting status?"

Also, can anyone tell me about the "Precision Performance Company" sector of Nanologix? Is this "owned" by Nanologix? Is Nanologix selling hydrogen engines like Hydrogen Engine (HYEG)? If Precision Performance is a partner, then what are the terms of the partnership?

[rocketeer357]

SO we have 2 options to consider:
1. Bret has nothing to say
2. Bret has nothing he can say

I'm betting on option #1. Ideas and plans are easy to PR and in the past, the company has been outstanding at doing just that. And talk is nowhere cheaper than it is on the Pink Sheets
Partnerships and commercial ventures which lead to revenue are harder to develop and take time. Much longer than expected by all parties. There are a lot of entities out there claiming to have the solution to the energy problem. I'm sure many of them do. I'm equally sure most of them will never become known to the public.

What Bret could do is to clarify which of the past un-met claims are now dead in the water and which of those claims are still viable/being considered actively by the company. Specifically:
1. What's the status of Erie?
2. What's the progress on the move from the pink sheets?
3. What's the status of the previous claims of a big partnership with a household name company to be announced sometime in....well, 2006 or before June 2007....or you name a date.

Yes, I understand negotiations are delicate and need to be kept confidential at times, but I bought into this company on good faith, based on information they provided publically. IMO, Bret has some damage control obligations to those of us who, like him, bought into the hype, but unlike him, have ZERO access to the real picture.