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  4. Nanologix Inc (NNLX) Message Board

not much can be trusted re the site that has been

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Post# of 9144
(Total Views: 544)
Posted On: 07/22/2022 4:50:53 AM
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Posted By: microcaps
not much can be trusted re the site that has been talked about

last financials-2014-showed income over 400k but I believe expenses exceeded 200k/quarter
officers etc bought shares on a semi regular or regular basis while continuing to hold reportedly

unless one is independently wealthy one becomes a public corp for purpose of raising money until income approaches parity w expenses
NNLX hasnt really been able to raise much funds through stock issuance for some time
at this point - the purpose for creating a public co is pretty much shot until some other method to raise finances is found-and so the public corp becomes a headache

intelligent financing methods have been floated by NNLX over the years but as far as we know none have succeeded

the great majority of startups fail- not on purpose - Murphys law is one of the most ubiquitous entities patrolling planet earth

officers and texas partners have planted finances for many years -gone dry?

as we know covid and the in class shut down of schools last year hurt their primary source of financing- the petri plates

the cold hard world often does not award merit or hard work


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