Posted by: wrongjoe
In reply to: None Date:10/30/2006 1:49:31 PM
Post #of 154
Okay, I'll propose NNRF for the board. Here are the answers to questions 1-8:
1)Is your prospect a pinksheet (this needs to be a yes. lol)?
Yes!
2)What transfer agent does your prospect use?
Signature Stock Transfer of Plano, TX.
3)What is the capital structure of your prospect? A/S, O/S, Restricted, Float?
A/S: 50,000,000; O/S: 30,000,000; Restricted: 27,000,000; Float: 3,000,000
4)Does your prospect file reports?
They have completed an audit of 2004 & 2005 and are expected to file their first 10KSB and become reporting in November.
5)Does your prospect have a website?
Yes. www.nucon-rf.com
6)Who is the "guru" for your stock?
The CEO is in Russia. 2create has had the most extensive contact with the company. I confirmed their share structure and the identity of the auditors with Gregory Hrncir, their Securities Councel.
7)Should we expect any dilution?
They intend to uplist soon, so I would not anticipate any dilution before that time. Acquisitions to date have been mostly cash deals with modest share issuances. They say they have had positive revenues since late 2005.
8) PR's and comments.
I have pasted the most recent three PR's below and they pretty much summarize what's going on. I think of these guys as the IBM of the Eastern Eurpean Nuclear Market. They are acquiring technology and manufacturing companies and performing consulting services for the Russian nuclear conglomerate and other Eastern European companies on power quality equipment. They are flying very low under the radar right now and the stock is not very liquid, but when they become reporting and move to a higher exchange, this should start to change.
I guess we'll see in the one-month trial period if this company does indeed achieve full reporting status.
NUCON Acquires Interest in Nuclear Power Plant Product Manufacturer
MOSCOW, Oct. 26, 2006 (PRIMEZONE) -- NUCON-RF, Inc. ("NUCON") and ZAO ELECTRO MACHINERY BUILDING PLANT ATOLL ("ATOLL") announced today that the companies have completed the first stage acquisition by NUCON of ATOLL, a Russian closed joint stock company.
The Agreement between the parties is for multiple closings in which NUCON will acquire a total of 50% of ATOLL under Russian law. The first closing was completed the week of October 16, 2006, in which NUCON acquired 13.25% of ATOLL. The second closing will occur in the fourth quarter of 2006, during which NUCON will acquire additional equity interests in ATOLL. The original agreement was modified to permit multiple closings to conform to Russian corporate, tax and currency laws.
ATOLL has nominated two members of NUCON's management, Professor Valery Lebedev, Ph.D and Mr. Peter Goerke, to join the ATOLL Board of Directors effective immediately.
ATOLL, located in the city of St. Petersburg, is a manufacturing and research facility established to develop, manufacture and sell products designated for nuclear power plants, including the facilities of the Russian Federal dry storage facility for nuclear wastes at the Mining and Chemical Combine ("MCC") in Zelesnogorsk, Krasnoyarsk region in Siberia.
The ATOLL manufacturing process utilizes state-of-the-art CNC (Computer Numerically Controlled) machinery. The products from this facility are electrical and mechanical equipment for the security systems of nuclear reactors. These reactors require continuous replacement of these parts for safe operations. The parts also include spare parts for nuclear power plants, and handling equipment for nuclear waste containers designed for long-term storage of radioactive wastes and spent fuel. These capabilities also present significant opportunities for increased sales in foreign markets.
ATOLL employs approximately 220 persons, including engineers, nuclear industry specialists, technical experts in nuclear equipment design and construction and skilled manufacturing operators of CNC based machinery. The level of capabilities of this group has established ATOLL as a designated supplier to facilities operated by ROSENERGOATOM, the operator and owner of all of the 31 nuclear reactors in the Russian Federation.
ATOLL has its own construction bureau and develops all drawings and technical specifications for the manufacturing cycle. This has established their production as the technical standard for spare parts and mechanisms for nuclear reactors presently in operation and under construction in both the Russian Federation and foreign markets. This production is the proprietary intellectual property of ATOLL.
ATOLL has foreign trade contracts with operators of nuclear power plants outside of Russia and is capable of providing technical support and production capacity to support sales to export markets. NUCON believes that it has substantial marketing opportunities that may result in increases in sales to these foreign markets. Nuclear reactors, worldwide, require continuous replacement of their operating parts due to strict safety standards established for the nuclear industry. The government mandated requirements establish consistent and long term contracts for the production output of ATOLL in both Russian Federation as well as existing and future foreign markets currently under review by ATOLL.
ATOLL currently has 3.8 Billion Rubles (US$146 Million) in booked sales from Russian state enterprises for the period 2006-2007 which supports a projection of US$77.75 Million in revenues to the interest of NUCON. NUCON further believes that substantial increases in future sales both during and beyond 2007 are likely.
NUCON believes this consistent and predictable turnover establishes a reliable revenue stream and also opens up future market opportunities for the portfolio of other nuclear and environmental safety technologies and applications of NUCON with existing ATOLL customers.
The assets of ATOLL include approximately four acres of property where the administrative buildings and factory are located in the central part of St. Petersburg. NUCON is currently exploring the sale of the property and moving the facilities of ATOLL in conjunction with the acquisition of another larger manufacturer of nuclear reactor parts and equipment. NUCON believes this consolidation would position it as one of the leading suppliers in both the Russian Federation and foreign markets for replacement parts, environmental safety technologies and equipment for nuclear reactors.
NUCON further believes that the completion of the ATOLL acquisition will now qualify NUCON with the basis for listing on a principal U.S. and other foreign stock exchange such as NASDAQ, the Alternative Investment Market in London, or RTS Moscow. NUCON has completed its first GAAP audit and intends to file a registration statement on Form 10-SB in November and become a fully reporting company pursuant to the Securities Exchange Act of 1934 during the fourth quarter of 2006.
NUCON is a technical solutions company focused on environmental markets in the Former Soviet Union, Eastern Europe and Asia. NUCON is a U.S. corporation with executive and operations office located in Moscow, Russia and Berlin, Germany.
NUCON has the capability to provide product, technological and engineering support addressing environmental, power quality and radioactive waste challenges. They include compliance, shielding, transport and storage requirements, plant equipment protection, energy efficiency and development of techniques for a broad range of radioactive and toxic wastes. NUCON also has extensive in-house expertise in all aspects of radiological protection and radiological waste management.
NUCON-RF Completes GAAP Audit, Commences Filing Form 10SB
MOSCOW, Oct. 12, 2006 (PRIMEZONE) -- NUCON-RF, Inc. (Pink Sheets:NNRF) today announced that, pursuant to completion of its GAAP audit of the years 2004 and 2005, the company has commenced the process of filing Form 10SB with the Securities and Exchange Commission in order to become a fully reporting company subject to SEC regulations.
NUCON-RF expects to file Form 10SB by the end of October 2006. Sometime thereafter, the company expects to be accepted for listing on the OTC Bulletin Board.
NUCON-RF Receives $1 Million Order for Power Quality Equipment in Republic of Tatarstan
MOSCOW, Sept. 27, 2006 (PRIMEZONE) -- NUCON-RF, Inc. (Pink Sheets:NNRF) today received an order, worth approximately $1 million, to supply power quality protection equipment in the Republic of Tatarstan.
The order, issued by Nucon's Tatarstan-based marketing partner, Stroikomplektinvest, includes power quality protection units to be installed for Beta trials in selected public facilities in Kazan, the Republic's capital city, and in other Tatarstan cities. The units are intended to suppress power surges and filter out high frequency noise over electrical lines, thereby helping prevent flash fires and other damage to extremely expensive electronic equipment located within these facilities.
Following the Beta trials, said Nucon, customers may determine how many additional units are necessary to protect specific facilities, and will have the option of submitting subsequent orders for these units to Nucon. These orders are expected to be received during the fourth quarter, said the company.
The units, manufactured by Nevada-based Environmental Potentials, will be installed by Stroikomplektinvest.
Today's order stems from Nucon's receipt, on September 15, of an exclusive mandate from the Republic of Tatarstan, Ministry of Construction & Architecture to commence sales of power quality protection equipment in newly constructed buildings within the Republic of Tatarstan. That announcement included an order, from the Ministry to Nucon, to supply as many as 50,000 power quality protection units over the next five years in Solnechny, or Sun City, a new government office/industrial complex in Tatarstan.
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