"Sean says hi! "
This reminds me: Like "It's a Wonderful Life" and "A Charlie Brown Christmas", that guy's post about how NNLX and the Christmas spirit go together is a must-view during the holidays every year.
"NNLX and Christmas Eve
by lockshed2002 • Jan 3, 2011 1:26 PM Flag
Who needs Christmas Eve when you hold NanoLogix stock!
Remember when you were a little boy or even looking on as a parent pleasantly admiring the excitement of your children on Christmas Eve the night before Christmas, the night before a stack of tightly wrapped festive colored presents would await you. Remember when you could hardly go to sleep and could not wait to wake up to see Santa's offerings.
Perhaps you were hoping for a new bike or an Xbox or an Atari for some of you senior citizens (lol). Maybe it was a baseball glove or Red Flyer wagon? Or a ghetto blaster. Or for some of you devout Christians here, maybe it was the first six installments of an adopt a child program in Kenya! Maybe you were hoping to survive the day if you were a Vietnam or Persian Gulf or Desert Storm veteran.
Whatever it may have been that you were anxiously excited about, the feeling is not exclusive to Christmas Eve and Christmas day.
NanoLogix is an alternative investment to bottling up that Christmas Eve feeling every day of the year. With so much hope and promise, so much good news due to pour in this year, NanoLogix certainly can fill the 362 day void of no Christmas Eve and Christmas and of course, your birthday.
Any day, you may receive great news from the:
and, what is great, just like Christmas Eve and Christmas day and your birthday, you may be surprised with something new and unexpected.
All in all, NanoLogix is one stock you can hold that will give you hope and excitement everyday of the year.
Sorry folks, normally I rip on the bashers but this post, one of my first of the new year, is a pumpy one. Good luck to all and may 2011 be a great year."
"Why so interested in another man's finances. Your father should have taught you better manners."
Obviously what his father finally taught him was how to hide behind multiple aliases so as not to embarrass the family-- and so his royal heightness doesn't know he's still up to his obsessive psycho tricks. That likely made for some awkward phone chats before he retired his primary alias.
This dogged pursuit of another person's financial info does remind of the time one poster shared his share count and encouraged others to do as well. Maybe disclosure should try this approach because quite a few people joined in, including the CEO when he was posting as veteran12005:
"veteran12005 • Oct 10, 2008 9:07 PM
closing onto four million, Petro is behind me a bit, but I have been involved with the company longer so he has to play catch-up. I believe I first told him about the stock while we were in Budapest in 2005"
And here's a subsequent list posted by the guy who started it:
"lockshed2002 • Dec 5, 2008 5:09 PM
Okay guys and girls. Just thought we could update this and add anybody new that is on the list. Also, Numberonestockpicker, I don't see your name on this list.
Parents' Group: +/-3,500,000
Marathon Capital Management (Fund): 2,680,000
Hydronano: 1,213,500 (adding next week?)
Parents fellow investor: +/-1,200,000
Saplyak123 + Brother in-law: 800,000
PDE's Brother: 200,000
Lockshed2002: 177,000 (adding a ton next week)
Nyckenm (physician!): 100,000
Mudsharks316: 25,000 (adding more soon?)
Hglodge35: 4,000 (soon to be 400k?)
Chronim Investments, Inc. (Fund): 4,000
91million outstanding??? what is the correct number now?"
"... to consolidate a loss by selling at these prices would be foolish at best ...... "
Two concepts for further consideration: tax-loss selling and sunk cost fallacy.To dismiss selling this stock now as mere foolishness without appreciating how these may inform such a decision is, IMO, what is foolish.
IMO, that PR was textbook Barnhizer-speak for "This should keep the family&friends crowd sufficiently hopeful for a few more months and hopefully keep the stock from cratering too much further." For those who may have a portfolio with real gains this year and/or other ideas for where to deploy capital that may have better fundamentals and near-term potential, selling now is indeed a reasonable consideration.
"sort of reminds me of something I can't quite bring to mind right now."
Yes, it's back to the same (desert) well for int'l partnership version 2.0. It was only 3 short years ago this very month when the original was announced:
"HUBBARD, OH DECEMBER 20, 2010-NanoLogix (OTC MARKETS: NNLX), an innovator in the accelerated detection and identification of microorganisms, is pleased to announce its collaboration with Advanced Medical German Company of Kuwait (AMGKWT). This alliance will support NanoLogix’s market penetration goals for the Middle East, North and East Africa with the international marketing focus of Advanced Medical German Company stretching from the Middle East through Africa."
And this time what is happening to achieve the company's "market penetration goals" in that region of the globe? Is it licensed manufacturing? Is it a distribution deal? Or is it both? How much upfront money is involved? I know, I know, who needs to sweat such trivia when one is invested in a "real" company like this instead of a typical pink sheet one-- the kind that just puts out fluff PRs with few specifics or dollar figures?
"NanoLogix, Inc. (NNLX), an innovator in the rapid detection, identification of live bacteria, and determination of their antibiotic resistance and sensitivity, announces that they are working with Nasaem-Aljazira, a Saudi Arabian company headquartered in Riyadh, to establish exclusive distribution and/or manufacturing of NanoLogix products in Saudi Arabia and the Arabian Gulf region, also known as the Gulf Cooperation Council (GCC) area.
This area offers a large market potential to Nasaem-Aljazira and NanoLogix, with Saudi Arabia being a leader in advanced health care initiatives for its people."
"Maybe she thinks the N-Assay papers will propel this stock higher ?"
Expecting this company to deliver on anything of importance anywhere near the time point the company has set as a goal remains a losing bet. Here are two examples for this year that look to be dry holes:
Giles Manley when appointed to the NNLX SAB last year-
"Through my career I have formed acquaintances with the Chiefs of Obstetrics at some of the top medical institutions in our country. I will make a concerted effort to get the necessary trials started and finished at places such as Harvard, Johns Hopkins and other institutions. I am hopeful that by the end of 2013 the standard for GBS screening will include our near-15 minute test at time of labor.”
Company update in April-
"NanoLogix plans to begin marketing this summer of their new N-Assay Multiwell Diagnostic test."
Then in Aug. the company put out that report in which it stated, "Peer-reviewed papers are pending publication in medical scientific journals," for the N-Assay. And that "NanoLogix is currently working with
potential suppliers of select components for the assay in order to commercialize the test."
Just what did Barnhizer learn in the 4 months between the big announcement in April and the release of that company promo piece in Aug. that put the kibosh on the company's big plan to launch N-Assay marketing over the summer? Regardless, both announcements were met with great joy by the bootlickers. And with another 4 months about up and no real indication of progress what will Barnhizer soon announce to give the faithful fold reason to hang in there for another couple months? 2014 will be the year it all comes together-- just like 2013 was and 2012 before that, etc,etc...
On the bright side, it's tax-loss selling season. For those smart enough to have not been "all in" with this dog and reaped some good returns elsewhere, booking a loss here is probably not a bad idea. One can even buy back in early Jan. (for the 2014 zoom?).
"Voldemort? What are you reading a Harry Potter bedtime story?"
Commish, you keep forgetting how things work for the denizens of NNLX bizarro world where fantasy is their reality. It's perfectly understandable for the person behind that ace alias to go with a make-believe arch-villain rather than to keep it real here in the land of the muggles.
I get it that this person is deeply frustrated with other people just not seeing the value in this company he sees, as well as with the company's unexplained slow progress rolling-out its flagship technology and with the years-long cratering of the stock. It must really get under ace's skin to be reminded with the company's own words (and those of various uber-bulls) how short of expectations this company has consistently performed.
And in NNLX bizarro world posting a long-winded, multi-post fantasy that centers on some so-called message board malcontents as the cause of what ails this company and its stock is much preferable to looking harder at the available data and information to understand things. Consequently, the person now using the ace alias thinks he's trying to vanquish the supposed forces of evil so that NNLX may live happily ever after-- or at least that's his current fairy tale.
Have fun with that for a couple days, ace, and keep deluding yourself that your spurt of posts (and reposts) are making a difference or contain much that's cogent. They're not and they don't because back in the real world this company's potential value and stock price are defined by what happens in Hubbard, the commercial regard/demand for NNLX proprietary technology and the amount of OPUDing that's been piling up over the years courtesy of this management.
"Yes, I post but not nearly as much as I used to."
Don't sell yourself short, petro, 20+ posts on this board alone since last Tuesday is not too shabby. It's also noteworthy how you continue to take time on the weekends to point out how others who post on the weekends must not have a life. Instigating a survey about one poster whom you just can't resist engaging must have struck you as especially inspired and thus an immediate must-post even if it was a Sunday morning.
IMO, even if the quantity is not as consistently high, quality-wise you continue to pump out posts easily on par with your past glory days.
"In the Diagnostics segment, sales of our illumigene® molecular product line grew by 45% and contributed more than $33 million, nearly 25% of segment revenues. Of this, illumigene tests for C. difficile contributed approximately 80% of the total, with Group B strep accounting for 12% and Group A strep 5%. In the immunoassay category, double-digit growth continued ..."
In NNLX bizarro world this kind of timely and predictable public release of detailed company progress, including details on revenue such as breakdown by product, is deemed pumping; something a "real" company doesn't do. In NNLX bizarro world, some photos of boxes with logos and stacks of petri dishes first selectively shared and then sent out to a wider audience is adequate and exciting communication, especially for the family&friends crowd.
Reminds me of the giddiness created after Barnhizer inanely posted on this board while at one of the dog&pony shows back in '09-- a year after the company first announced commercial availability of BNP-based products :
veteran12005 • May 19, 2009 1:25 PM
I am at the ASM. It's going well, good discussions, lots of interest --- the NanoLogix personnel are healthy, good looking, and knowledgable. Wait... we are the NanoLogix personnel and are naturally biased, so ignore that descriptive statement. Internet connections are spotty on the exhibition floor, the coffee is good but the food is not. BNP rules.
"...if you cared to understand, the SEC handle is there because they are my initials. Are you next going to criticize me because my ancestors came from Africa? We know how to reason regardless of our color"
Who cares where your ancestors are from or why you're currently using this alias? That non sequitur is likely the type of bizarre posting that keeps your students enthralled with this chat board. Ask your students, however, and they will surely tell you using social media while high or drunk is not a good idea and there can't be any other more likely explanation for this rant of yours. One really doesn't need to have inherited or developed highly refined reasoning skills to figure that out.
"...none of us are bootlickers."
Is the family&friends crowd getting touchy? Maybe you should ask your students whom you previously posted about whether under this sec alias of yours you act like a bootlicker or Barnhizer toady-- of course, you would likely have to grant them grade immunity to get the truth from them. Beyond that issue, this photo incident looks to have potential as the basis for another good discussion with your students about corporate transparency and leadership as practiced at NNLX. Please let us know how that goes.
"What I find interesting is that over on that other board there were a few others(eudius,a big and tribesman) saying they subscribe to the enews on the website but didn't get any e-mails about those photos."
They clearly don't have sufficiently high bootlicker status at present to merit receiving such a bone. This type of personalized outreach may be reserved for those who still maximally read between the lines and connect the dots, as well as excel at being faithful unofficial company spokespersons and propagandists. For the rest, however, the degree of corporate opacity only continues. Given his ongoing obsession with lawsuits, I just hope Petro is recording all his chats with his royal heightness.
The company is listing for sale more types of agar dishes. The company appears to be poring "lots", as in units of unknown quantities, of some of these types of agar plates now listed on the website.
What's publicly unknown, however, is the amount of any sales of agar plates or other items. The closest it came was last year when Barnhizer announced a 12,000 "unit" (of what?) quasi-order and then released quarterly financials that finally showed the first revenue amount above $10,000 since 2009. It's not known what the margins are for what they've sold but IMO the operation is not set-up to maximize production efficiencies of these basic agar plates and it's a competitive space.
Lastly, there is no indication the company's foundational devices are generating meaningful sales even after years of trade shows and various technical papers. In fact, the company appears to be peddling only one of its proprietary devices, BNP, at this time. This, despite Barnhizer's announcement for N-Assay marketing starting last summer. Moreover, sales of the product that recently seemed to be getting more of the company's focus, BNF, have been listed as "temporarily" suspended on the website for almost 2 years.
Barnhizer's record as CEO over the years is, IMO, pretty clear: lack of transparency with regards to the predictable release of even basic financial data and failure to timely deliver on stated expectations towards commercializing the company's homegrown technology or to accurately communicate to shareholders the various hurdles needed to be cleared over time before meaningful sales can be pursued. The stock price, IMO, clearly reflects these issues and severely discounts any of the progress and further product development that has been made because, IMO, the company now has a huge credibility problem. This will only be overcome, and sustained pps growth experienced, if there is ever clear evidence of sustained commercial demand for the company's cornerstone products.
"April 2013-- "NanoLogix plans to begin marketing this summer of their new N-Assay Multiwell Diagnostic test"
Anybody see some of these in the new photos....or produced BNP's or BNF quick Test kits?"
Good question. And what about the overall marketing plan Barnhizer had ready to launch with the help of those highly experienced consultants? My guess is all the company's homegrown detection technology (i.e., BNP, BNF, BNC and N-Assay) are still not ready for primetime and/or just aren't impressing even a few organizations enough to switch to them. IMO, Barnhizer (at least publicly) and his most faithful apologists continue to be in denial about how difficult it is to break into this sector and get labs to switch detection platforms.
Can't find fault, though, with Barnhizer going to Plan B and just trying to sell as many agar plates as possible to help pay the bills given he's had those machines in that clean room for 3+years. And those new photos are probably enough to keep the uber-bulls from getting too restless for another couple months while this stock remains in zombie-land. Who (besides gamblers and dreamers, of course) needs quarterly updates with hard numbers, conference calls, or shareholder meetings when Barnhizer sporadically tosses out a couple pics or general comments from the inner sanctum to "Ooh!" and "Ahh!" over?
"Maybe in your next visit you can ask them where they are when it comes to getting things off the ground ?"
Yeah, those personal chats are always full of encouraging chatter from his royal heightness. Guess who posted these gems in Feb '12 :
"btw...i spoke with Brett yesterday...all great news...and i am looking into buying another 500,000 shares of restricted stock...i am the kind of person that always figured i would work until i drop....i am counting on this company to change that from 80 hour weeks...to 20 hour week!"
"They could probably get $3-5/share now in a buyout or, if everything falls in place, be a company trading at ??????$50-100/share in a few years. There is noting comparable to their technology and pricing ...Just bought another 30,000 shares at .48 and .49!
In process of freeing up more money!"
"I tried to bump it to .50.
Bought another 50,000 shares just before closing. Glad to say highest came in at .45!
I love this company...and foolish or not, as it is a technology I totally understand, and believe in, I am positioning myself for early retirement!....he says hopefully:)"
Or from 6/'12:
"I spoke with Brett, and apparently there is a faction of very anti-company people that call and write complaining about the number of studies being done, who they're being done by, etc. He is unsure, but suspects it is from the pre-Brett era of NNLX and disgruntled employees, investors or whatever. It doesn't affect at all what he is doing to move the company forward, which he is doing very well.
I am still buying as much as possible, and consider anyone selling at this time to be a total idiot."
OK,here's one last clue (11/'12) although it wasn't first seen on this board:
"I will make a concerted effort to get the necessary trials started and finished at places such as Harvard, Johns Hopkins and other institutions. I am hopeful that by the end of 2013 the standard for GBS screening will include our near-15 minute test at time of labor.”
How's that going?
Here's an excerpt of how one well-regarded poster, nyckenm, described the event:
"...as a surgeon who often deals with limb-threatening infections, I felt that I would have an apporpriate background to speak with the scientists and further analyze the technology. I was very happy to have attended since the meeting confirmed my decision to hold all of my shares and continue to add to my position.
1. NNLX has standing orders of 1000s of BNP kits per week. Customers are REPEAT customers, which means they like the kits. Customers include Proctor and Gamble, 3M, Batelle and Becton-Dickinson. These are all giant companies.
2. All measures on the proxy votes passed. This offers protection against a hostile takeover. BB stated that the company would listen to takeovers at the proper price.
3. Clean room is almost finished. It was built at the fraction of the cost that other contractors were willing to build. The total cost is $43k and this final bill we be around $100k. NNLX has the cash to finish the building. They are waiting on NB to deliver the equipment and will be ready to accept and install when NB gives them a date.
4. BB and NNLX board has not diluted the stock. I believe BB said there was 101 million shares at this time. He specifically said that he and the board have significant shares in NNLX and as a result, he did not want to dilute in order to build the clean room. He is looking out for the best interest of the shareholders because he is a large one too.
5. A marketing firm and startegy is in place, but he would not reveal the details.
6. Hydrogen is off the table. Not economically productive at this time. NNLX does not want to waste time or money on what would not make money.
8. BNP has been the focus since it is easy to use and cheap, but NNLX has great hope for BNC in the future. Batelle feels BNC may displace PCR in some settings.
9. Confirmation the the EPA has a 2 year LOI with NNLX to further develop BNF."
See original for all
Is anyone else seeing the blatant hypocrisy of Bob starting a poll to encourage judging of another person's honesty after what he posted last week? What a joke.
Bob, except in extreme cases where a poster solely makes personal attacks or profane/lewd outbursts, it's usually better on these boards to evaluate the quality of info rather than make a sweeping judgment about a person and using that to lazily guide whether or not something is factually accurate or a defensible, well-reasoned opinion. "Polls" like this and personal speculation just make you look petty and intellectually out of your depth.
IMO, what gives people serious pause who are thinking about investing in NNLX is not the so-called bashers here but what is happening (and not) in Hubbard, how Barnhizer runs this public company and whether he delivers on what he tells people to expect.
"I will go with experts everytime rather than listen to anonymous poster on a board. NNLX also has enough demand to hire more production employees and increase the work week.. They have become profitable in a very short time. "
Who told you the company is now profitable? You're asserting this as fact. Was it someone in the company or an anonymous poster on a board? Don't you think if this was really the case the stock would be much higher? Do you understand the difference between possibly showing continued revenue growth and actually making a profit?
Well, Bob, so many factual misstatements, it's hard to know where to start but here goes...
"NNLX could only sell to labs and other interested parties for investigational purposes only. They did not receive their FDA exemption until a few months ago, They needed FDA exemption before anyone would buy in any volume. "
First off, NNLX got its exemptions over a year ago not a few months ago. If they needed FDA exemptions before volume sales why did Barnhizer indicate just the opposite over a couple years? Here are a few examples since either your memory is shot or you're willfully ignoring facts that runs counter to your dreams:
Oct 2009: "Barnhizer plans to begin production in December with four additional workers churning out 8,000 kits a week...Once the customer announces its results in scientific journals, Barnhizer figures demand will explode and he will need hundreds of employees."
June 2010: "The company has only installed eight machines so far, but more are on the way, said Barnhizer.
Nanologix has 10 employees working at its Hubbard facility, and plans to hire about 10 more by the end of the year, Barnhizer said. At full capacity, the site could employ 75-100 workers, he said.
“Our goal is high-volume production,” Barnhizer said.
Barnhizer expects that, as Nanologix’s technology becomes better known, the company will be able to corner a significant portion of the laboratory testing market. "
Where is there a mention they also need to get FDA exemption before high-volume production or hiring scores of workers? That came later, early 2012 I believe. For years it was only about getting the production facility done and getting known.
"The question is not FTE's, the question is production capability."
Bob, they've had the capacity for years. Back then the mantra here was Barnhizer wouldn't be so stupid as to build it if the demand wasn't there. Wrong. FTEs is indeed one way to determine what's happening production-wise now. Of course,quarterly numbers is best.
"You know darn well, NNLX just recently moved from a R&D company to a company in production. They have just begun production..."
Barnhizer may have said something a while ago about transitioning to a production company but I believe the public record shows that to be little more than spin. This company has been trying to sell its bacteria ident/detect kits for years. And although it took much longer to get the production facility operational it's been over 3 years since the "build it and they will come" strategy was supposed to kick in with big sales.
"...and have gone from 1-2 production employees to 5 -6 production employees. NNLX has also gone from a 5 day per week to 7 days per week. This screams great demand."
The question to get answered is how many FTEs Barnhizer has now compared to before. A while back, evidently Barnhizer was trying to hire some part-time agar barristas and a longtime Barnhizer bootlicker who posted here announced he would be helping out on the weekends. Yet, people seem to come and go from this company more frequently than Petro tries to revise his posting history or scrub his posts. All this means to me is Barnhizer appears to be trying to minimize full-time staff and get by on the cheap by using college kids and uber-longs who are trying to salvage their investments. This, along with no financials in almost a year, little indication of growing BNP sales, a continuing "temporary" halt to BNF sales and no indication of N-Assay marketing yet don't, IMO, scream great demand.
"According to Parents, nnlx is now profitable."
If parents is asserting that as fact, where did she get that info? This appears to be material information that hasn't been publicly released. More likely it's just more of parents' pollyannish babbling that people put too much trust in to their own detriment.