Replies to post #3056 on NNRF Inc (NNRI)

[PrimeTrader]

Blacksteer - I apologize if my messages sounded like bashing. It certainly was not my intent. I agree with what you are saying. The reason I said the 10Q was horrible was because of the way it was worded. It was very to the point - and very honest. But, as I pointed out in another message, I think there was a reason for that. I am still long in this stock and feel it has fantastic potential.

[Fishpert]

<<The investment was made based on management and future prospects for the company. What has changed?? Somebody with some substance.>>


Back in '2000 there were companies advertising on the super bowel all the while they didn't even have a product to sell. All they had was a name and an idea.

What's changed is NNRI used to make money through a company called Abucco, or something like that. They sold that off and according to the 10Q now have no revenue whatsoever, unless you call a dividend revenue.

For some reason the company gave away Ex-Cell to shareholders of record July 1st instead of selling it for needed cash.

The company admits it still doesn't have "a business plan" The first thing they teach people trying to start their own business is you must have a business plan.

I read somewhere that buying other companies as a way to increase revenue is not a good way, which is what NNRI appears to be doing.