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Nanophase Technologies Corp. Message Board

  • tonka_never_dies tonka_never_dies Jun 16, 2013 2:36 PM Flag

    FRAN CESCERIO CAME FRO ISCO INTERNATIONAL WHERE HE LIES AND SCAMMED INVESTORS

     

    THE SAME PEOPLE FOLLOWED HIM
    WHITMORE AND SPURGEON

    ITS ALL A LIE

    BUY BEWARE

    AND FRANK COME AFTER ME
    I GOT THE GOOD ON YOU AND YOUR LIES

    #$%$ SCAM LIAR
    SHADY CFO

    This topic is deleted.
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    • Buyer beware.... Hey they gave everyone a huge chance to buy at .33 and even lower. We are almost double. Nothing wrong with that

    • Can you give specific examples?

      Whitmore owns spurgeon, it's his llc. LOOK at the filings he is the general partner.

      Saying that spurgeon is a scam is a little foolish because he was a big investor in silver leaf and they got bought out for a huge premium.

      If u look at the 10-ks for isco they were burning A LOT of cash. In 2006 they had a 3.5 million dollar loss and only 2.8million in cash with high debt levels. When credit dried up in 2007,8&9 they probably got shafted when sales went down 40%. What they thought they had in 06, they didn't have in 08.

      Nanophase's cash position vs burn rate is fine. A 12 month look back at cash burn is 1.1mm vs having 3.7mm in cash and no debt (1mm is needed for basf covenant. 2.7 mm is what we can use so if sales don't improve we will need more cash in late 2014 early 2015.)

 
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