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Replies to #3291 on NNRF Inc (NNRI)
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GIBBER

12/18/07 5:50 AM

#3292 RE: Fishpert #3291

Or if the technology is so great then someone wants it cheap and is driving the stock down so they can buy the company cheap for the patents. At this rate they can buy it for under 60M. That is cheaper than paying royalies. The royalty rate is usually 3-5% of the finished selling products price. So after the first 1B dollars of sales the rest would be pure profit for the company that buys up the company and then stripes it down to nothing. The management has made it clear they are more interested in implementing the business plan inside of doing anything about the stock price. When it is bought up cheap and they are out on the streets I wonder if they will think that part of a good business plan is keeping the stock price up? I think this is a real possibility and I wonder who is involved in driving the price down and trying to keep the retail investors in it???
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PrimeTrader

12/18/07 10:29 AM

#3294 RE: Fishpert #3291

Fishpert - do your own due deligence and you will find the answer to your questions.

"I'm still not sure what the company actually does outside of owning 50% of Atoll." That one sentence says it all. I'd suggest you follow Warren Buffet's advice and never buy a stock if you don't understand what they do.

You are a shorter an the ball is in your park. Nothing more need be said.