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NanoLogix, Inc. Message Board

  • notneklip notneklip Feb 15, 2013 11:06 AM Flag

    A Tale of Two Updates by the man who has brought the concept of rapid diagnostic testing of life threatening bacteria into production

    Within just four days, two updates to the evolving policy covering which company employees Barnhizer will list on the company "Our Team" webpage. Meanwhile, Barnhizer has posted a total of two updates to shareholders in the past 5+ months...and no CC or shareholder meeting for 3+ years.

    If there is any consistency in how he has run this company, it is in his lack of appreciation for consistency, predictability and regularity when it comes to responsible communication with shareholders, prospective investors and analysts.

    And for now, Barnhizer keeps people wondering whether it will act like a "real" company that can be depended upon to once again post financials in a timely manner and consistent with (very recent) past practice. Note how the basic question is not "when" but "if" it will happen.

    And remember folks, this isn't a reporting company that has to prepare a detailed 10-K for submission to the SEC. Besides doing its basic Quickbook-level accounting, the most time-consuming task Barnhizer has is perhaps penning a longer update that mostly includes repeating whatever happened last year. It is the best of times, it is the worst of times?

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