Yeah, I'm sure the wrinkled up prune face is a regular tough guy. You're extremely defensive of a person you claim invented anything. Lmao. Wonder why that is? Hmmm.
2009 was a very interesting period for Nanologix. The following pdf provides insight into the causes and effects of what might have led to the $1.00+ per share in price. More to follow.
"The company has posted new financial documents to the web. They're old, but at least it's something."
Uh, those statement aren't newly posted. They've been on the website for over a year, lol.
Any cash that the company has is insignifant. We know this because 1. The company has always made their financial filings available, and couldn't wait to do so, when they believed they had exciting information to share like the Christmas email and referring to the 2014 financials as a "gift" when really it was a disappointment. 2. Once you've obtained $10 million in assets, you are no longer a pink sheet company, with the exception of foreign ADR's. Why is it so difficult for a company that has touted itself as the "gold standard" with a market potential in excess of $50 Billion to obtain a measly $10 Million?
In any event, right now they're probably more concerned with digging deep into their pockets trying to scrounge up enough change just to pay off their back taxes than to worry about actual work.
An examination of the integrity of enthusiastic Prius owner, Kphone2000 (aka PriusHybrid1), Ken Williams:
October 14, 2012: "the best information we do have is that sales are happening. Kphone visited, and was told that multiple orders are being processed. Unless he's mistaken, lying, or was lied to, this means that Q3 is already a record quarter for sales."
Facts: Revenues for Q3 2012 were $63,908. Q3 2013 produced $16,466 in revenue.
Conclusion: Any revenue will produce a "record year" when your basis is zero. Revenue was not sustainable the following year.
July 29, 2013: "not many want to sell at these prices, change for the better is happening, share price will improve to the upside in the not so distant future."
Facts: NNLX shares traded for $0.12 on that day. They are now trading for $0.05, a 58.33% loss.
March 12, 2013: "We have management that understands what needs to be done, to be successful. Yes, sales are important and they are increasing as we gain exposure ....... just a few more months in my opinion. Don't be surprised if we have a sudden breakout one day soon. :)"
Facts: Revenues for the entire year of 2013 were $35,598, nearly 1/3rd of the previous year. On March 12th, shares were trading for $0.22. There was a breakout - it just went the opposite way; losing 77.27% of its share price.
Sept. 17, 2012: "The order of 12k that was mentioned in a PR, has shipped, along with follow on orders. And other orders as well. 'follow on orders' translation means the product did what it was intended to do they liked it and ordered more! At the end of June they had $184K cash and they are selling product. So at a minimum issuing more shares will be ending soon. IMO"
Facts: At the end of June, they had $178,185 of cash (apparently kphone became confused of the difference between "cash" and "prepaid expenses". The money was due to the selling of PIPE shares, not an increase in sales. Revenue was only $510.00. Shares have increase 14.75% since then.
Well let's hope so Mr. Williams, however, I find it interesting that you say you talked to the CEO about this issue and came to the conclusion that it is "no big deal" just because the amount is "about" $500. So you have no problem with people being late on their bills? Personally, I find it unacceptable. If the Assumed Par Value Capital Method is used to pay the franchise tax bill, the bill is $543.47. If they would have paid their bill on time, they would have only spent $350. So it cost the company an additional $193.47, or 55%, because the CEO wasn't responsible and timely with managing the affairs of the company. And, you're ok with that because it's "not a big deal".
Not paying your bills on time might be a normal activity for you, Ken, but it isn't an accepted practice for responsible people. I'm unimpressed with your response and it reveals an incredible character flaw that you share with idiots such as Zag, which I have no doubt zigzags around his bills too.
In any event, if he's current, he wasn't 12 days ago and you can thank me for getting him off his lazy bleep to pay his bills.
Lastly, you've remarked that "this is the break-out year" several times over the course of several years. I don't know how anyone could possibly take your opinions seriously. You have to integrity.
I really don't think anybody cares what you say, to be honest. December 31, 2015 (12 days ago) isn't an outdated document. Go on somewhere.
That's that's crazy. Great use of logic. I'm gonna sell everything I own to buy stock in a company that makes no money and issues exorbitant amounts of stock grants to a CEO who never holds a shareholders meeting or pays his franchise taxes. That's what I'll do!
It's from December 31st. Hardly outdated. First, you said it wasn't true. Then, you said it was a fake. Now, you're saying its outdated. You're struggling to create an argument, son.
You probably don't even have the $20 it takes to purchase the document, lol. I bet that's the real issue. Are you the moron that trades 50 shares every so often? Have you really blown all your money? It's clear you don't know how to value a business. That's waaaayyyyy above your pay-grade.
checkmate??? what exactly are you claiming checkmate on? You challenge me to produce a document. You then say you paid $20 for the same document. Yet, I'm the only one that produces the document. Nobody knows you, dude. You have no credibility. You've never said anything remotely intelligent about this company and you can't provide proof for anything you say you have proof of. You're a bozo. F off already, dorkus.
Nanoinvestornine: "How's your bogus claim about NNLX owing $300+ thousand to Delaware? You're such a purveyor of lies. I'm surprised that Sykes fellow didn't put you in prison where you belong."
Me: "I never said that Nanologix owes Delaware $300,000. That's what Delaware has on file. I do t work for Delaware, I didn't create the document. What I said is that Nanologix is delinquent on their annual franchise filing and their franchise tax. Only they and Delaware know what that amount is and currently that amount is indicated by the state treasurer of Delaware to be over $300,000. If you have an issue with that, take it up with them because that's what is printed on their state governments website."
Zagendaizgud: "No it's not, you moron"
Me: "Yes it is, you liar."
Zagendaizgud: "Prove it you possessed demonic demented lying moron. I spent the $20 and found they are current."
Me: "This will be the 3rd time I've "proved it" lol. Now let's see your proof.
Zagendaizgud: "EvilDemonSpawn, your file is incorrect. Did you counterfeit it? Delaware's not going to take that well --- you falsifying documents. Whenever you post your bs you lower the IQ of all the Yahoo boards. So sad"
Me: "Does that accusation usually work for you and help you get out of showing your proof? Lmao. I don't think people will read this conversation and come to any other conclusion besides the fact that you're a mentally disturbed individual with very little business practice.
Clearly, you're not going to provide the document you claim to have that shows Nanologix isn't delinquent. Shall we just "take your word"? F off adolescent. You're blocked."
Since this exchange, zag has not provided the document he says he paid for that shows Nanologix is current. One day, this fraudulent stock manipulator will get caught. I guarantee it.
Does that accusation usually work for you and help you get out of showing your proof? Lmao. I don't think people will read this conversation and come to any other conclusion besides the fact that you're a mentally disturbed individual with very little business practice.
Clearly, you're not going to provide the document you claim to have that shows Nanologix isn't delinquent. Shall we just "take your word"? F off adolescent. You're blocked.