I was referred to this board via someone on the Investor Hub Board. I will post the same message here, that I did there, cut and paste. Look forward to any and all responses. Man, what a day for NNGY!
I am new to NNGY, have some questions.
I own LEXO (Lexnon Technologies) and so am familar with Nano Technologies.
I have researched into it and am long-term holder on LEXO.
My questions in regards to NNGY are these:
Has anyone talked to management, specifically about how they
plan to market the first consumer products? What is their
strategy/target market?
I have read somewhere that they estimate that the NanoSign
will be shipped to major retailers by the end of Q3 2005.
Any idea of who "those" major retailers are?
Any idea on margins on product?
Any idea on financials? I haven't even started looking at
the 10K, 10Q's if any. So, hoping someone can give me some insight as to whether they have found any nuggets, or worse - bones!
NNGY has a large float - 120,000,000. Any plans that you know of about a reverse split? I like LEXO due to small float, so I am apprehensive of large floats. If I end up doing something with NNGY, I'd rather them do a reverse split, then buy...after the due diligence necessary.
Lastly, probably 2nd most important, besides financials, maybe just as important - Management. Do these guys have the people on board with NanoTechnology experience? You know, professors, the Nano Geeks if you will. Also, management in the case of President/CEO who is fiscally responsible and management experience to bring the products to market and growth this company?
I will most likely have lots more questions, so please be patient with me... :)
Thanks ahead for any answers! I will check into these things myself, but it is always good to see what others have found and see if they check with my own due diligence.
I have not taken a position yet, as I am one of those knuckleheads that believes I should really research the companies I invest in, before investing. Especially "penny stocks"!! :) |
