Here is what I think is going on with NNLX .

Hi Micro ;
Thanks for running the board.
Here is what I think is going on with NNLX .
I do not want to put this on the public board with all the bashing.
Women's hospital of Houston built a lab for Nanologix and Dr. Faro moved there from the University, my guess is they are about 1 KM from each other.

In an announcement, I found it:
http://nanologix.com/news/updates.html
"In late 2012 and early 2013 Nanologix was approached separately by two multibillion dollar corporations regarding business association, development and product usage. NanoLogix has signed Mutual Confidentiality Agreements with both corporations. [
Dec 24, 2013:

b]Dr. Sebastian Faro rejoins the SAB after an absence of over a year when he resigned due to a policy change at UTHSC-Houston that required all personnel affiliated with UTHSC to shed any corporate associations. Dr. Faro is now affiliated with The Woman's Hospital of Houston, which does not restrict physicians. associations. The company welcomes Dr. Faro back to the Science Advisory Board. "[/b]

NanoLogix is pleased to announce the addition of new member to the Science Advisory Board:"
From Sebastian Faro, M.D.
http://nanologix.com/about/team.html
"I am excited to be rejoining the scientific advisory board. I am looking forward to the build out of our new laboratory adjacent to our clinic offices at Woman's Hospital. We have made significant and dramatic progress in the rapid detection and identification not only of GBS, but also Enterococcus and N. gonorrhoeae. I look forward to working with you and the Scientific Advisory Board. The future is exciting."

With a little research you soon find that Woman's Hospital of Houston is part of Hospital Corporation of America
http://hcahealthcare.com/about/facilities.dot

There you go a probability of 95% that one of the multi billion corporations that approached Nanologix was HCA, and they are in partnership.

http://hcahealthcare.com/about/
Facilities that includes about 165 hospitals and 115 freestanding surgery centers in 20 states and England and employing approximately 204,000 people.

Ok now that we know this what is going on?
I believe, 1 cash is not a problem with the deep pockets on the other side. 2 Dr Faro is responsible for product development inside Woman's Hospital and HCA. My guess is they are done with product development and are on QA making sure the product works as it is suppose to and building the quality documents that shows this. After the QA is complete they roll it out to all their hospitals.
Now go back and listen to Dr. Faro BioOhio presentations
Have a good day.