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Replies to #4106 on NNRF Inc (NNRI)
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JellyDonut

01/25/08 11:54 AM

#4107 RE: danwo #4106

If it's your opinion that it's taking them too long then either don't buy or sell and move on.
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PrimeTrader

01/25/08 12:00 PM

#4108 RE: danwo #4106

That's rediculous Danwo - you obviously don't understand the business model. 18 months for a startup to develop relationships with foreign counties, bring in JVs, rely upon different country accounting methods that have to fall in line with US GAAP rules; work with foreign govt's to get in their markets when the foreign market processed are not even developed yet to allow US stocks on board - all that and you expect solid profits in 18 months.

NNRI isn't selling in the US market. It's customer base is the Russia, Europe and the missle east.

This isn't a 1 product company selling a consumer product in the US. If it were, I would expect revenues and profits in 18 months.

What they have is far greater, but a longer lead time in developing the market and processes which those markets use.

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GIBBER

01/25/08 12:21 PM

#4109 RE: danwo #4106

I agee with you that their paid or indirect pumpers have been told to be quiet. Look ST no longer responds to postings here. I personally feel management did not spend enough time on the stock and it got out of control. They are now trying to put their arms around it now with different methods. It is a little late but it will probably turn out all right but this is a 09 play. The pumpers were trying to say it was an 07 & 08 play. Unfortunately you should only listen to the tape. IM has known this for some time and was just pumping it anyway. I am not sure ST has figured it out yet. He cannot be impartial. I just think we should know if his contract was for prompting the stock or for contacts in Russia or both. It would be interesting to know but they will never tell us.