posted
NNLX is trading like people know something. Stock is up another.04 today. The steady climb continues on this one. News of clean room construction and production and potential revenue is surely driving this one.
Posts: 47 | From: Socal | Registered: Jul 2009
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NanoLogix recently filed a patent application for their BNF™ (BioNanoFilter) test kit technology. The BNF complements the company’s revolutionary BNP™ kit technology and provides the ability to work with filterable material such as liquid-phase medical lab samples, water, beverages, juices, etc. The BNF delivers similar time savings to the BNP kits, yet enables the testing of large-volume samples.
The company, following meetings with the US Environmental Protection Agency, has developed a test kit utilizing BNP technology for the rapid testing of water samples for specific strains of e-coli bacteria. The EPA is under a Federal Court order mandating sub-24 hour testing results for multiple microorganisms in beach waters by the year 2012.
NanoLogix has retained the legal services of Arnold & Porter LLP (A&P), an international law firm headquartered in Washington DC and with extensive experience working with biotech companies. A&P will be used to advise the company on matters such as corporate governance, licensing, and other issues related to future corporate direction.
posted
Another strong start for NNLX. Stock has been on steady rise for 3 months now. And with yesterday's news of a new patent application for a product that the EPA just might need, and the retaining of a top law firm in the country, more and more exposure to this stock is propelling its momentum.
posted
This is what seemed to happen last week and the week before. It stayed in the low to mid twenties on low volume and some sellers. Then end of last week made a push and broke into the .30's. If this continues, may see a push into .40's in the next couple weeks. This of course, barring any news and of course is all just my opinion.
Posts: 47 | From: Socal | Registered: Jul 2009
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posted
Morning has started off well for NNLX. Above average volume. Bid sitting pretty, even if someone sells right now, the price goes up. Stock held strong at its new levels all last week and the beginning of this week and certainly looks primed for a nice move from here. Everyday moves us closer to the completion of the clean room which should, depending on any other news attached with it, should take the PPS up to new levels. Still a largely undiscovered company and stock, this is still the bottom floor before NNLX's revolutionary product captures a fair share of the petri dish and rapid testing market. All is my opinion, however, the charts are still extremely bullish and the recent news on the company website still suggests strong progress. Management has not fluffed this company and appear to be as genuine as they get in the pink sheet environment
Posts: 47 | From: Socal | Registered: Jul 2009
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posted
sitting at .38 right now. looks like consolidation might be coming to an end and might be moving to .40's. Did the same thing two weeks ago, from the .20's to the .30's. You have to love this stock right now if this trend continues.
Posts: 47 | From: Socal | Registered: Jul 2009
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posted
Since I could not have said this better, this is what the stock analyst on www.itradepennystocks.com said.
"NNLX – After the recent low volume consolidation, today’s strong move really makes it look like this is about to continue it’s breakout and start another leg up. Looks great to me."
Posts: 47 | From: Socal | Registered: Jul 2009
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posted
The five day chart shows this stock moving from .33 to close the week at .39 A nice weekly gain. The six month chart is more revealing, it has steadily climbed from its low in early March of .035 to its current .39. What is propelling this incline you might ask? Well, Battelle (Battelle: Product Development, Research & Commercialization, Energy, Health & Life Sciences, National Security, Laboratory (Lab) Management, FutureGen & Safety Pharmacology) validated NNLX's BNP testing dish as four times faster then current traditional methods in testing for Anthrax, and twice as fast for the bubonic plague. This paper which was published in a scientific journal, is available on NNLX's website (Welcome to Nanologix!). The company claims they can test for other stuff as well, faster then traditional methods. Since the publishing, company has revealed it is constructing a clean room, which is on going and should be near completion. In addition to that, production should ensue end of summer. NNLX is going from R&D to production, certainly a milestone if you ever want to see one on a Pink Sheets traded company. NNLX also attend ASM show and received tremendous additional exposure and it is widely believed that other companies are testing the technology as well. More great information about the company was that they have applied for yet a new patent, BNF (Bionanofilter) and that the EPA is under a mandated federal court order to test beach waters in less then 24 hours. It is believed that NNLX can perform this at same speed as BNP, which means 2 to 4 times faster then current methods and well under the 24 hour federal court mandate. A last note is that NNLX has revealed it has retained the legal services of Arnold and Porter, a highly rated law firm. I look for good things this week in the stock price as many shares have gone off at the .38 to .39 range and it is thought that perhaps a savy investor is accumulating. GLTA
Posts: 47 | From: Socal | Registered: Jul 2009
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NNLX flat based from mid may to mid june after breaking out before it exploded higher. The "flat base" on top of a base is one of the most powerful launcing pads for stocks. It means true believers are holding the stock...
All of July, NNLX has been launching assaults on $.40, it failed friday again.... support at .35(old resistance), resistance at .40.
IMO: If NNLX trades in this narrow range for an extended period of time, it will explode higher again.. NO DOUBT IN MY MIND..
accumulation: distribution days this month: 10 to 2. Just the kind of price/volujme action a winner exhibits..
posted
Back in October of 2008, I was laid off from my job. At that time, I called NNLX and spoke to Bret Barnhizer, CEO, directly. I was highly interested and eager to put my retirment money into Nanologix as a Private Placement. I had followed the company for a few years and knew they were on the right track. In my conversation with Bret, we discussed that the money would be not available to me for a year as private placement money. I had received a large severance from my employer, but having done very well over a course of years, I had accumulated many "toys" which still had payments on them. I knew the severance would not last forever, and I knew I might have to tap in the retirement money worst case scenario. Bret heard all of this, and basically advised me to buy the stock over the counter, and not private place it with him, but keep it liquid for myself just in case my worse case scenario played out. Now I ask you, is this the action of a greedy self serving CEO? Or is this the character of a genuine, hard working and honest CEO trying to make his company successful, not only himself. Obviously I concluded the latter was true. Bret is an outstanding leader. With that said, and that moment between myself and Bret, I am a true believer in him, the company, and definitely the product(S) and the future revenue stream.
This is the strongest of buys in my opinion, I rest comfortably holding 800k shares in this companie's stock, and I know shortly I will be rewarded much more then I currently have been. GLTA
Posts: 47 | From: Socal | Registered: Jul 2009
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posted
Operations Update: Items of Interest July 27, 2009:
During ongoing work performed on development of a water-quality testing kit for the US EPA, recent company research has indicated that NanoLogix's BNP™ and BNC™ test kits may be used for detection and identification of viruses when combined with antibody-coated magnetic particles. This is potentially a major breakthrough for the company's diagnostic technology, adding significantly to the battery of detection capabilities currently available with BNP and BNC technology. NanoLogix plans to contract with an Ohio-based research center with BSL-3 virology capabilities to perform further research.
This week the company will ship 500 diagnostic test kits to an international public health organization in Africa. This will be the first use of NanoLogix technology in Africa.
NanoLogix is currently proceeding with national patent filings for BNP technology in China, Japan, India, Brazil, the EU, and Russia. These filings are a progression from the initial PCT (Patent Cooperation Treaty) filing done in 2007.
Construction of the company's production clean room is projected to be completed in late August, with equipment installation to follow.
The company has regained full rights to 18 of its patents licensed to Nutra Pharma after Nutra Pharma's default on their 2008 royalty payment balance. NanoLogix plans to develop the technology to add to the company's diagnostic kit portfolio.
September 18th has been set as the tentative date for the 2009 NanoLogix shareholder meeting. Details will follow in the near future.
posted
bid .41 and ask .43. 3 days in a row now, buy orders have dominated here. Stock continues its bullish trend and with a P.R. mentioning EPA, kits shipped to Africa and clean room construction business, and even mentioning a shareholders meeting, this certainly looks like it could continue its uptrend for a while.
Posts: 47 | From: Socal | Registered: Jul 2009
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