I spoke to a lady by the name of Lula at NAL - I told her that the fin review on monday said that nal had tanked 67% because it failed to commercialise its products. She was unaware of that.. so maybe somebody outside the company knows more than the spokesperson for the company.
She however told me that they are in the process of commercialising many products and that the company is on track to be cash flow positive by december this year. She said that nasdaq listing also on track. They did not anticipate how long it would take to get things underway.. Isnt that a bit disturbing. It shows that they are not all that qualified to make such assessments..
Nevertheless I had some spare cash and bought 10K at 37 cents a few weeks ago. My intention was to hold this for at least 2 years. Within this time NAL would either double from here or go bust. The latter is very unlikely so given that money takes 7-10 years to double and if i can do this in 2 years or sooner i think its not a bad idea.
What are peoples thoughts on its products?
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