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Nnlx blog
NanoLogix (NNLX.pk): Will its Ultra-Fast Diagnostics Revolutionize the Petri Dish Market? - James Levy -- Seeking Alpha
NanoLogix (NNLX.pk): Will its Ultra-Fast Diagnostics Revolutionize the Petri Dish Market? 2 comments
Nov 9, 2009 01:24 PM | about stocks: NNLX.PK
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As an equity investor who is very doubtful of the underlying health of our government stimulus addicted economy, my central focus now is to find fast growing companies that can build shareholder value even if the overall market declines. I believe that I have found one such company in NanoLogix (NNLX.pk)
I came across this company while researching a previous article on another producer of medical testing kits, Trinity Biotech (TRIB). Of course, I was skeptical when I saw that the company was listed on the OTC section of the pinksheets, and had a total market capitalization of less than 50 million dollars. However, after several weeks of due diligence (including purchasing the BioNanoPore (BNP) UltraFast test kit myself) I am now sufficiently confident to recommend that other microcap investors consider investing in this share as well.
NanoLogix has applied nanotechnology to radically improve the age-old Petri dish used for the detection and identification of microorganisms. This is a major breakthrough in the new field of rapid diagnostics.
To quote Bret T. Barnhizer, NanoLogix´s well respected and investor friendly President and CEO,
¨¨(Our BioNanoPore technogy does) not change the rate of growth. We make it possible to see microbial growth earlier. BNP enables the microbes to have a platform in which to grow. The BNP membrane is then transfered from the growth agar to the staining agar. Within a few minutes you can see the microcolonies that have formed on the BNP membrane.
Prior to BNP there was no way to view microcolony growth. The microcolonies exhibit the same characteristics as the standard growth colony which would then be seen in 24 to 72 hrs+ with standard petri technology. ¨¨
The benefits of Ultra-Fast diagnostics are far-reaching:
Ultra-Fast diagnostics allow researchers in the lab to test for potentially pathogenic agents faster and develop effective countermeasures more rapidly and economically. This quality presents exciting opportunities in the pharmaceutical design process.
More effective drug treatments can begin when an infectious disease is identified at an early stage. The spread of infectious disease may be reduced by earlier intervention.
In combat theaters and homeland security settings, the presence of specific pathogens can be detected closer to the epicenter of release.
Industrial production – of food, beverage, drugs, or beauty products - can be paralyzed by microbial contamination. Ultra-Fast diagnostics can help minimize the impact by limiting the spread of spoiled product.
The volume of Petri dishes used for traditional tests is millions per day worldwide. NanoLogix anticipates that the BNP™ Ultra-Fast technology will capture a portion of that market.
NanoLogix has received notification from New Brunswick Scientific of a November 20th shipping date for ordered production equipment for its clean room production facility at the company’s Hubbard, Ohio headquarters. This order consists of four machines for production of BNP rapid-detection kits and is anticipated to be the first of many for kit production.
I would encourage any investor interested in this share to engage in their own due diligence, beginning first at the company´s excellent website (Welcome to Nanologix!)
where there is a wealth of independent research papers which validate the company´s claims concerning the advance in ultra-fast diagnostics with Bio Nano Pore technology.
Themes: microcap, diagnostics, medical testing kits Stocks: NNLX.PK Back To James Levy's Instablog HomePage »
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This post has 2 comments:
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Analysis from a website
Weekly chart smooths things out: escalating stepa and bull flags weekly:
VERY STRONG: BUYERS ARE GIVEING GROUND VERY BEGRUDGINGLY..
ALSO: You can see all the upside volume very clearly..
IMO; pullbacks to 10dma at .44 is point to add or initiate:
UP AGAINST ALL TIME HIGH HERE: WATCH FOR PULLBACK ON LOW VOLUME AS IT SETS UP IT'S BREAKOUT (HANDLE)...
THINK IT'S GONNA BREAK TO THE UPSIDE DRAMATICALLY AND WILL BE DRIVEN BY CORPORATE EVENTS (NEWS)
Join us Please: The Stock Prophet
(this will take u to main site)
ask us anything on any stock..
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Just my first thread here
Well guys and gals, I just looked at my first post here back in May. FYI, love Stock Hideout. Any way, it will show that I was touting this stock, this company back when it was .15. On Friday, closed at .50. The chart is very impressive, but again, Machinery to begin production is due to be shipped out this Friday, November 20th. The technology is quite simple. It is a petri dish with a membrane that results in bacterial detection up to four times faster then traditional methods. What are traditional methods you may ask? They are the same they have been using for a couple hundred years. That's what makes this companies patented technology exciting. Battelle Memorial Institute tested this product and validated its finding as they were published in a scientific journal. NNLX has just about or has completed clean room and Machines to start production are on the way. The chart, the chart, just look at the chart as well. Good luck, I will keep posting to get the word out. I am long, avg. buy in .065 and only sell if I run into any financial hardship. Other than that, holding strong.
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NNLX
NNLX. Well, stock closed at 52 week high. All time high with current management. Was up .19 cents at one point, closed at .12 up at .62. A great day for the longs all in all. Expecting a lot more, as machinery is being shipped on Friday and production is set to ensue shortly thereafter. Volume was almost 5 times 3/mo avg, Friday saw more then double avg volume so things are looking bright. Not sure if word is spreading or their is interest from a big company. Only time will tell, but stock is performing extroadinarily well at this time.
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NNLX
Double average volume already this morning. Up again, nice. NNLX.
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NNLX Upcoming Events
This from their website. This is along with Machinery to begin production of product should be arriving in Ohio any time now. I think stock will react positively to production news.
Calendar of Upcoming Exhibitions
Wednesday, November 25, 2009:
NanoLogix wishes to extend an invitation to interested parties to visit with company science staff and management at the 8th Annual ASM BioDefense Meeting to be held at the Baltimore Marriott Waterfront Hotel, Baltimore, Maryland from Sunday, February 21 to Wednesday, February 24, 2010. NanoLogix personnel can be visited at booth number 29. NanoLogix BNP/BNF™ and BNC technology will be on display. Information about the meeting can be accessed at the following link: What's New at the ASM Biodefense Web Site and the floor plan of the exhibition can be viewed here: http://www.asmbiodefense.org/images/stor...
The Company also wishes to extend an invitation to interested parties to visit us at booth number 1313 at the ASM 110th Annual General Meeting to be held in San Diego, California from Sunday, May 23 to Thursday, May 27, 2010. Details of the General Meeting can be accessed here: What's New at the 110th General Meeting Website.
----------------------------------------------------- ---------------------------
Contact:
NanoLogix, Inc.
Investor Relations
Carol Surrena
Telephone: 330-534-0800
E-mail: Carol@nanologix.com
Copyright 2009 NanoLogix, Inc All Rights Reserved
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Just A Solid hunch
NNLX has purchased machinery. It was set to be shipped from New Brunswick Scientific on the 20th of November. Probably should be close or delievered in NNLX's Hubbard Ohio headquarters. With that said, these machines are delivered for one purpose. To begin production. News should shortly ensue that production is near, production is near. Why order machines to produce? Investigate this one. IMO, good things ahead. 52 week high .69. close today, 53.5. IMO, going to hit that 52 week high in a few weeks again, and surge through.
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Machinery received
One picture is worth a thousand words. http://www.nanologix.com./images/NanoStaff_Holiday.pdf
In case you cannot make the printing on the boxes out, it reads "New Brunswick Scientific Co. Inc."; the company from which nanologix bought its machines.
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NNLX Tomorrow's results today
Welcome to the site Nano1. Just think, I believe the machinery is primarily there to produce the BNP which is revolutionary in itself and should speed up traditional Petri methods enough to keep Nanologix (NNLX) busy for a while. Don't forget the EPA though and the Letter of Intent. If news of that hits, we could really be on to something here.
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Good News
Items of Interest:
NanoLogix Expands Geographic Areas of Interest
January 31, 2010:
CEO Bret Barnhizer and Director John Chatterton have just returned from a week-long trip to the Middle Eastern countries of Kuwait and the UAE. In Kuwait they were hosted as guests of Dr. Eyad Al Saleh, CEO of the Advanced Medical German Company (AMGKWT), an operator of medical laboratories in the country. While in Kuwait, Barnhizer and Chatterton met with senior Kuwait Health Ministry officials, including Dr. Ibrahim A. Alabdelhadi, Health Ministry Undersecretary and acting Minister of Health and discussed the potential advantages of NanoLogix’s BNP™ technology for the region. The Minister stated his opinion that NanoLogix should pursue bringing the BNP technology to Kuwait as soon as possible.
During their visit they toured the Royale Hayat Hospital and five laboratories owned and operated by AMGKWT. Following their Kuwait visit they traveled to Dubai, United Arab Emirates, where they attended Arab Health 2010 at the Dubai International Exhibition Center, again at the invitation of AMGKWT. The overall purpose of the trip was to assess the market potential for BNP and other NanoLogix products in the Middle East region, with the initial distribution focus to be on the Gulf Cooperation Council (GCC) states.
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