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Replies to #9085 on NNRF Inc (NNRI)
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Chrf4

04/24/09 4:20 PM

#9086 RE: Chrf4 #9085

Added to prior:

Keep in mind that Kading stated in one of his updates that he was looking for investment capital via the convertible debenture route but to do so would require a 10SB approval by the SEC. Maybe he just wants to use NNRF as a vehicle to get to a public trading platform. If that is the case, any current NNRI holder will be squashed in the process...

Mayw Kevin will put more info on his website. I have asked him to do that. We shall see.
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Batscam

04/27/09 6:18 PM

#9094 RE: Chrf4 #9085

You mean like GM.

At this point the current common holders may end up with 1% of the company.

Kind of reminds me of euot, gbmr, mrkl, tcnh.

I see no reason to believe Kading has any reason to do otherwise. 99% of the investors here are already wiped out by the dilution from 2M to 50M shares so they are water under the bridge.

He'll change the name, change the ticker and move on bilking the remaining 1% out of a few hundered dollars each to cover expenses.