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gobadgers

05/18/10 12:46 PM

#5124 RE: John_Vallay #5123

Just this once - I'll save you the time of doing your own research. Answers to your questions:

1. Outstanding shares - approx. 105 mil estimate based on info provided atlast SHM and additional dilution estimate from PIPES.
2. Minimal assets as of last financials 6/09. Assume cleanroom construction and recent equipment purchases will bring total assets to $400k- $1 mil. currently?? Finacial update for 2nd, 3rd & 4th QTR. of 2010 should provide more insight.
3. Revenues as of June of 2009 were again minimal. Expectations are those will be climbing 2nd, 3rd & 4th qtrs. of 2010 as product is made & sold. stay tuned for the release of those financials. Projected Revenues? - Petro has provided info showing the total annual market for petri dishes at $5 bil. Some have projected NNLX capturing 20% or more of that market - but there is also perhaps expanding markets & fields of bio-terrorism, EPA etc that may not currently be factored in. Right now it's a start-up and everyone places their own educated guess on how successful they think they will be.

"Is NNLX JUST another a pink sheet pump & dump"? Questions likely that will quickly get you labeled as a basher and banished. Company has done zero pumping - leaving most SH's frustrated for updates & PR's. Doesn't fit the typical pink pump & dump MO - but you best make that determination quietly for yourself rather than repeatedly asking that question on a message board.