"But NaturalNano is also in a sizable financial hole. As of the end of September 2007, the most recent point for which financial figures are available, the company had taken in over the course of its 33-month history a total of $24,250 in revenues and had spent more than $11.7 million on its operations, including research and development."
Quite a poor rate of return on investment, ROI.
Really impressive looking "lab" facility. LOL. I can see where they have spent at least $100,000 of the $11,700,000 spent to date.
I wonder where the other $11.6M of NNAN.OB shareholders funds are? Most of it in Michael Weiner's pocket no doubt.