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Author Topic: NNLX - NanoLogix Announces Completion of Welch's Hydrogen Bioreactor Facility
kt325ci
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NanoLogix Announces Completion of Welch's Hydrogen Bioreactor Facility and Commencement of Hydrogen Production
Mar 13, 2006 10:47:00 AM
Copyright Business Wire 2006
SHARON, Pa.--(BUSINESS WIRE)--March 13, 2006--

NanoLogix, Inc. (Pink Sheets:NNLX) announced today that the Company has completed the construction of its first commercial hydrogen bioreactor facility at a Welch's Food plant in North East, Pennsylvania. The company also announced that the facility will begin hydrogen generation from Welch's waste organic matter on or about the first of April 2006.

The technology behind the hydrogen bioreactor, developed and patented by NanoLogix in coordination with the Gannon University Department of Environmental Science & Engineering, allows for the limitless production of hydrogen from organic containing waste waters and any waste organic materials, such as sewer water, ground up garbage, etc.

David F. Rivers, a director of NanoLogix, CEO of Patriot Lift Company (http://www.patriotlift.com) spent more than 30 years with Pfizer's (NYSE:PFE) Schick & Wilkinson Sword business unit and General Motors' (NYSE:GM) Fisher Body Division in Senior Research, Development and Engineering operations, commented that, "This level of activity allows NanoLogix to demonstrate capabilities of its prolific intellectual property portfolio."

David C. McClelland, President of NanoLogix, commented, "We are delighted that construction of the facility has been completed and that hydrogen generation from Welch's waste streams is beginning. Beyond our own satisfaction of creating nano-products with great utility in real-world applications, comes the satisfaction of developing technology that greatly impacts the global community to everyone's benefit. Our ability to produce hydrogen in this manner represents a crowning achievement in the worldwide search for alternative fuel sources and a lessened global dependency on fossil fuels."

About NanoLogix, Inc.

NanoLogix is a nano-biotechnology company whose extensive portfolio of patents have application and marketability in the following areas: nanoscale microfluidics for the rapid identification of disease causing pathogens utilizing BioMEMS; production of high value hydrogen from agricultural feedstock, industrial waste water and municipal waste streams; nontoxic induction of apoptosis (a method for inducing a genetically based induction of "cell suicide") in cancer cells utilizing hydrophobic hydrocarbons; and the bio-remediation of air, water and soils of harmful contaminants.

About Welch's

Welch's is the world's leading marketer of Concord and Niagara grape-based products, including grape juice and jelly. The company produces a variety of other fruit-based products, including 100% juices, juice cocktails, and drinks in the following forms: single serve, bottled, refrigerated, and frozen and shelf-stable concentrates. In addition, Welch's produces a number of fruit spread products under both the Welch's and BAMA brand names. Welch's Web site can be found at http://www.welchs.com.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of NanoLogix, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FOR FURTHER INFORMATION, go to the Company's website at: http://www.NanoLogix.net

Source: NanoLogix, Inc.


----------------------------------------------
For NanoLogix
Inc.
Sharon
Brass Bulls Corp.
Matthew Lovito
866-342-2700

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kt325ci
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very hard to get filled...tried for 100K * .06 when the ask was .059 and was given 11K
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kt325ci
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.075 x .08.
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lostone
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hard time filling even 1 unit above ask..

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lostone

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kt325ci
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I placed an order at .09 while the ask was .075 and got nothing. Ended up canceling thinking it might dip but now it's back at the HOD.
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kt325ci
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The stock was over .15 last month and not sure why the pps came down so low as of late.

I finally got filled. It took 7 minutes and 3 partials to get 50K with an order set above the ask...seems like a very small float.

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kt325ci
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.085 x .089 up 66% on 1 million traded.
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kt325ci
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.09 x .095
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K2snow
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.10
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lostone
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so where u think is a good exit point for tomorrow

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lostone

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kt325ci
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I hope I'm not alone here...

Company begins producing hydrogen!

Generating it from waste of a huge company, WELCH'S!

Director has conections with Pfizer and GM!

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kt325ci
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I'm not sure where this is going but according to pinksheets.com the float is only 6,487,958 as of 2005-01-18.

It's always a good sign when it doesn't take much volume to send a stock up over 100%

Just one observation. I've been watching L2 and QUIN seems to be the only mm willing to sell shares. Once he drops off the ask then it upticks very fast.

GLTA!

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kt325ci
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 -
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kt325ci
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.14 x .15
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lostone
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wow, nice jump to .15

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lostone

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lostone
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Converting waste to hydrogen is a big deal.. since it's an alternate fuel source.. this would be a very good one in the long run.. but i don't know if i can wait for so long

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lostone

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kt325ci
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lostone, what price did you get in at?
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lostone
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.081

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lostone

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kt325ci
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you're in great shape then. GLTY!
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kt325ci
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.12 x .135

Good to see it's holding on to it's gains..hopefully it'll have an EOD rally.

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kt325ci
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heading back up today. .15x.153
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kt325ci
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.175 x .18 looking very strong.
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lostone
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damn sold

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lostone

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kt325ci
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.195 x .20 This thing is a monster.
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kt325ci
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.22 x .23, keeps going and going.
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kt325ci
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.48 x .50.

It's a monster!!

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lostone
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wow, kt, u still in this? man, big profits for you then.. hate myself for selling early, what was i thinking, this is a bioreactor.. o well.. let me know if u're looking at anything else

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lostone

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kt325ci
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It's running because they stated in the last PR that Hydrogen would start production around April 1st. That was a hint that another PR will be issued soon.

I wish I had bought more shares but my money is tied up in TCLL. Hard to believe this stock was just at .06 recently.

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uprightdeb
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Lot of action this morning - up 15%

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It is better to be thought a fool than to speak and remove all doubt.

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uprightdeb
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Now 25% gain for the day!

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It is better to be thought a fool than to speak and remove all doubt.

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Teno
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who likes this stock? I do. Great sector to be in and I have been watching this for about 3 months, I really like it. They recently announced success at producing hydrogen, as a plus.
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I love this stock, the guys working there and everything about it. Was in at .09 sold half at .24 and just hangin in. Could be monstrous in the long run if and when they talk about the relative efficiency of their hydrogen production. Trad Hydrogen production requires huge amounts of energy (costs a lot to make a lot), and these guys are redirecting the heat output from the Welches plant, thereby using already existing energy. They then send it and organic waste through a smorgasborg of evil sounding, naturally occuring organisms that breath out methane free hydrogen.

We'll see.

I have a thing for Sci-fi stocks so don't take my advice.

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