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Replies to #3252 on NNRF Inc (NNRI)
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GIBBER

12/13/07 11:56 AM

#3253 RE: Johnnyv #3252

I agree with you 100%. The problem is the company is losing credibility to allow this to go on. They have no control over Iceman if it is true he bought the shares through a third party. At least he will give you the down side risk of where the stock might go and will admit the chart looks terrible. He comes up with some crazy stuff about the shorts, false certificates, transfer agents hiding the true volume, big buyers buying the stock, billionaires buying it and the list goes on. No wonder the investor does not know what to believe when the company does not try to defend it stock and give investors updates. The last PR was just fluff with no substance - no meat - contracts, earnings, projected sales, where the company is going and etc. It was just a stop gap to try and keep the stock from falling anymore. It was mostly like the rest of the PRs. No large investor or institution will buy until it is off the pink sheets, it is showing 2 qtrs of improving equity accounting earnings in a row. I do not believe this type of buyer that can move the stock will be buying until after the first qtr of 08 or the 2nd qtr 08. I hope I am wrong so I can break even and sell my shares. I will only keep my shares if the company will come forward and improve their communications with their investors. Personally I do not see that happening. When you have to search the internet for information on a company you own and have to listen to people like ST, Iceman & MBs to follow your investment there is a real problem. It seems to just get worse by the day. When you have to hear the contract from ST for a major program with the Russian Federation and then be told the last sentence is not correct who do you believe. Information like that should come from the company. Sad but true this company is got major PR problems and they are sticking their heads in the sand and using the quiet period as an excuse not to address them. They are so proud that they do not care about the stock price but just what to execute the business plan to move forward. The problem is you have to have a good stock price to move forward. Other examples no PR on particapting in the show and no meaningful update with a copy of their presentation. The list just goes on and on. I just hope I can get my investment out of this company and just break even. I cannot hope for anymore with a management that uses third party people to update their investors. It is very sad.