Well that answers that question-you're not from ot
Post# of 9122
The previous company's last 10Q states revenue was only 35,354 from inception in 1989 to 2000
Period from
June 21, 1989
Three months ended June 30 Six months ended June 30 (Inception) to
OPERATING INCOME 2000 1999 2000 1999 June 30, 2000
Sales and Royalties $10,895 $ 0 $ 18,395 $ 0 $ 35,354
so essentially they had the tiniest revenue -averaging $3214/year
nothing i read in the last 10'Qs of that company mentions anything about the patented flatpack. the current company just finished the steps in europe and 7 other countries necessary to monetize the flat pack,via licensing ,selling of patent in 1 or more of those countries, or some partnership in those countries.
Bashers were yelling 'game over ' before the steps necessary for an agreement in europe etc were even in place-they always do.
Why now-are they pushing pps down to give them time to sell their short positions before they experience a short squeeze????.
In addition to substantial grants NNLX is applying for ,those things are the game changers- the biggest news against which everything else pales.
But the bashers have always employed a campaign of confusion and magicians misinformation to purposefully get peoples eyes off the forward moving news.
And the tone and emphasis of bashers here has strongly suggested former management or employees(see harolds articles on bashers) of the prior company in vendetta against the present company led by Bret.
I moderated 10 boards -now 8-and this board has -ever since bashers discovered it -taken more of my time than all the other boards put together.
I've never experienced the depth of animosity between the bashers and present management. The vendetta bashers have been so antagonistic that several have been banned from this entire site -not just from this board.
I hear privately from one such on a regular basis and all i can say is his mind is really twisted-that will happen when one's major purpose in life is revenge. Now I'm guessing our favorite aunt -who took over from another basher just after said basher was banned or the basher he replaced or the private basher have resurrected their public existence.
Advancements in product -saleabilty -made possible in 14-21 countries,plus the grants applications,is the priority ,the major game changing news.
actual revenue,past or present, pales in comparison as an issue to the game changers since last july.
Even though the last year for which we had reported financials ,shows revenue increased 408% yoy, 29,208 thru 9-30-13 ; 119,246 thru 1st 10 months of 2014,vendetta artists want to compare infetech financials to NNLX? to my knowlege infetech had nothing to do with the n-assay either.
Last we knew plates were being bought by NNLX in lots of 150,000 for usa and perhaps u.k and south africa sales. Other things are cooking also, such last we knew tb kits for Africa via Bill Gates foundation,NIH etc.
Its dishonest to ignore the game changers of the last ca 8-9 months and continually attack financials/BOD(which are almost always a proxy rubber stamp) etc.
The game changers will radically change financials,so why ignore the game changers while hyping on financials -while ignoring the progress of sales.
Extrapolating revenue for 10 months (if not only 9 months) of 2014 to a full year yields $143,095. If, in the 3.5 years since sept 2014,revenue has increased as much (408%) as revenue did in JUST the last year reported, would yield $583,827. Since last financials NNLX engaged in aggressive cost cutting,perhaps cutting costs in half,in an effort to obtain net revenue without the usual toxic financing ,bad partnerships etc.,which would perhaps bring costs down to 500k/yr.
if this scenario is anywhere close to accurate,they would be hovering just below or above net revenue,another game changer.