Replies to post #2569 on NNRF Inc (NNRI)

[kingthorpe]

Stocktiger....ATOLL did $5 million in profits in the first quarter..

And if NNRF owned 13.5% then where was the cash dividend for first Quarter..or is it still coming...if Atoll did 5 million in profits in the first Q then NNRF should have recieved a cash dividend of $660k ?and as per the March 13 NR did NNRF every recieve the dividend for 2006?

""Under Russian corporate law, NUCON's participation in ATOLL's profits will be received in the form of quarterly cash dividends from ATOLL's operations. In April 2007, NUCON intends to receive its first dividend of $247,000 from the 13.25% of ATOLL it owned of record as of the end of the fourth quarter 2006.

Quarterly cash dividends for 2007 onwards will reflect NUCON's 50% ownership in ATOLL. ""