Nnrf Nucon-rf

StockTiger

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This is a long term pick. I live in Russia and visited the NUCON-RF NNRF office in September and bought the stock. Had it featured in the newsletter many times and started the big move less then a months ago up to $3.95 from 60 cents.

In the next year or so could move substantially higher so thought I better make its separate thread. Here to start is some basic information: - and Note that they may receive listing on the Russian Market and if so they will be the first USA stock to be listed there.

NUCON-RF is a U.S. corporation with a business model focused on the
global marketplace. The Company has executive offices in Washington,
Berlin and Moscow. NUCON-RF provides products and technical and
engineering support for the nuclear power industry and is currently
addressing environmental and power quality solutions for the
governments of Germany, Russia, CIS and multilateral institutions,
including the G-8 and the European Bank of Reconstruction and
Development. The Company has extensive in-house expertise in all
aspects of radiological protection and radioactive waste management.
The Company's Chief Executive Officer formerly served as Russia's
Deputy Nuclear Power Minister and its Chairman of the Board formerly
served as Vice Chairman of Prudential Mutual Fund Management and
Executive Vice President with W.R. Grace & Co. The Company's
exceptional leadership has uniquely positioned it as a significant
player in the provision of solutions to the Russian, CIS, European
Union and Asian markets.
The Company has three separate and complementary profit centers:


ONE - MANUFACTURING


Manufacturing of equipment for nuclear power plants. The Company
recently completed the purchase of 50% of the St. Petersburg, Russia
design and manufacturing company, ZAO ELECTRO MACHINERY BUILDING PLANT
ATOLL (ATOLL).


ATOLL, with more than 200 employees, manufactures parts and equipment
for nuclear power plants in Russia, China, Bulgaria and other nations.


ATOLL had 2006 revenue of $43,137,000 and is expected to realize
revenue of $120 million and pre-tax profit of $22.2 million in fiscal
2007.


NUCON-RF owns 50% of ATOLL, the maximum permitted under Russian law.
NUCON-RF's participation in ATOLL's profits shall be received in the
form of quarterly cash dividends from ATOLL.


NUCON-RF is currently in negotiations on other possible key
acquisitions.


TWO - NUCLEAR REMEDIATION


NUCON-RF is involved in International nuclear decommissioning and
remediation projects.


The following is a list of some of the key projects:


NUCON-RF and ATOMSTROYEXPORT (ASE) have an agreement whereby NUCON-RF
will become the project partner and supplier to ASE of technologies
and services in the Chernobyl Shelter Implementation Plan funded by
the G-8 and the European Bank for Reconstruction and Development.
NUCON-RF has an agreement with the Department of Nuclear Sites
Decommissioning of the Federal Agency of Nuclear Energy of the Russian
Federation to supply nuclear safety technologies, products and
equipment for Russian and G-8 funded nuclear waste decontamination
projects.


The most urgent decontamination project is Andreyeva Bay, Building No.
5, a highly contaminated former radioactive waste storage site
undergoing decommissioning.


The total project, which is estimated to last until 2012 and perhaps
beyond, will cost $4 billion and $2 billion of this amount will be
funded under a G-8 funded decommissioning plan. Approximately $438.5
million of the $2 billion in working contracts have been concluded to
date.


NUCON-RF previously announced a letter of intent with the
International Center of Environmental Security (ICES) of the Ministry
of Nuclear Energy of Russia to supply nuclear safety technologies,
products and equipment for a major international decommissioning
project in Northwestern Russia.


THREE - PROPRIETARY TECHNOLOGIES


NUCON-RF has several proprietary technologies that have positioned the
Company for multiple international projects.


NUCON-RF holds an exclusive license for NuCapT in the Russian
Federation and other CIS Countries. NuCapT is a silicon-geopolymer
material that stabilizes, encapsulates and stores nuclear waste for up
to 170 years. It will be used on many of the cleanup sites.


NUCON-RF also owns a proprietary, moldable, non-toxic polymer-based
nuclear energy shielding material known as FEECOM/BIECOM. FEECOM/
BIECOM can be utilized in lieu of lead shielding. In the European
Union, the use of lead will be banned as of 2010 for use in nuclear
energy projects. NUCON-RF is in negotiations to establish its own
European manufacturing facility for FEECOM/BIECOM as it anticipates
strong demand for this product.


NUCON-RF has a license for distribution in the Russian Federation for
equipment that eliminates the power surges and high frequency noise
adversely affecting industrial, commercial and residential facilities,
thereby preventing serious damage to sensitive digital equipment
housed in such facilities. The equipment is manufactured by Nevada-
based Environmental Potentials (EP). NUCON-RF has received an
exclusive mandate to market this equipment in the Republic of
Tatarstan and the total revenue to NUCON-RF in one of the first
projects there for Sun City could approach $50 to $100 million. NUCON-
RF is further endeavoring to obtain government mandates and sales/
installation partnerships within other Russian Republics. These
agreements may also produce substantial company revenue.


NUCON-RF has formed a wholly-owned Russia-based subsidiary, NUCON-RUS,
a company focused on the marketing, sales and installation of the
foregoing technologies.
 
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More great news

This will open more markets world wide -

Think there will be some much bigger news next week

You can always call me with any questions on this as my number on special situations page at stocktiger.com

NUCON-RF Announces Execution of Agreement for the Solution to Radioactive Liquid Wastes Present in Nuclear Sites Worldwide
Tuesday April 17, 9:30 am ET



MOSCOW, April 17, 2007 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (Other OTC:NNRF.PK - News) today announced it has entered into an agreement with ``ASPECT,'' a Russian research, production and marketing center for the development, introduction and transfer of innovative high-tech technologies and projects. ASPECT is the official managing company in the development of international and Russian environmental projects for the Federal Ministry of Nuclear Energy of the Russian Federation and ROSENERGOATOM, the operator of all Russian nuclear reactors, and includes the participation of all the companies of the nuclear industry within the Russian Federation. ASPECT has decades of experience as a contractor in improving systems for the handling of radioactive waste and their recycling at sites of the Federal Ministry of Nuclear Energy. [size=-2]ADVERTISEMENT[/size]
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The subject of the agreement between ``ASPECT'' and NUCON-RF, Inc. is to engage in joint efforts in the implementation of complex technologies and equipment on the basis of a gradient-porous metal-ceramic membrane known as ``TRUMEM(tm).'' TRUMEM(tm) is a high-output, long-lasting, inexpensive and compact purification unit for all types of liquid wastes, including radioactive wastes. These technologies are the basis for a technological breakthrough in solving the current problems of radioactive liquid wastes. Presently, these problems are fundamentally unsolved at nuclear sites worldwide.

This technology has been successfully developed, produced and operated within closed Russian nuclear facilities. The agreement provides the basis to introduce these technologies for the first time to the global nuclear marketplace. NUCON-RF believes that implementation and roll-out of this technology will provide an effective solution of problems connected with environmental safety at nuclear power sites, and particularly the rehabilitation of water basins which have become contaminated with liquid radioactive wastes.

The ASPECT association has its own production sites for manufacturing nonstandard equipment that is used in the membrane technological complexes. TRUMEM(tm) membranes have a pore size ranging from 0.01 um (micrometer) to 5 um and are used for ultra and micro filtration. They have a proven long service life, high output and high resistance to aggressive media.

The Chief Executive Officer of NUCON-RF, Professor Valery Lebedev, Doctor of Engineering Science, is a key participant in the scientific team which developed this technology and is a co-author of the patents. The ASPECT association is engaged in continuous improvements on modernization of nuclear plants working on the principle of the TRUMEM(tm) technology. There are registered patents existing on these processes and equipment.

Professor Lebedev stated, ``There are no known analogues to this technology in the world today, and we believe that the association of NUCON-RF and ASPECT will now permit this revolutionary technology to be incorporated into nuclear sites worldwide.''

The characteristic features of the membrane TRUMEM(tm) are the following: high mechanical strength, elasticity, lightweight, proven production capabilities, resistance to abrasive wear and high resistance to aggressive media.

Applications of TRUMEM(tm) include the global nuclear power plant market, processing of liquid radioactive wastes, cleaning of water basins with spent nuclear fuel, filtration of toxic liquids, cleaning of industrial wastes, conditioning of water, and application in the field of oil and gas chemistry.

NUCON-RF will be responsible for establishing global strategic alliances to introduce the technology in the markets of the United States, Canada, Argentina, Brazil, China, Republic of Korea, Japan, Taiwan, Belgium, Finland, France, Germany, Spain, Sweden, Czech Republic, Slovakia, Slovenia, Bulgaria, Romania and Switzerland.

Both NUCON-RF and ASPECT will concentrate their joint resources to improve the efficacy of the pilot production of the membrane TRUMEM(tm) which they believe will implement rapid delivery of the samples of the membrane for promotion and adoption into the various markets mentioned above.

ABOUT NUCON-RF:

NUCON-RF, a U.S. corporation with executive and operations offices in Washington, Berlin and Moscow, and provides products, technologies and engineering/design services for a range of environmental challenges. The Company owns manufacturing facilities and provides both equipment and services for nuclear waste solutions, as well as compliance, shielding, transport and storage requirements for nuclear power plants. NUCON-RF also owns and licenses proprietary leading edge technologies which augment the Company's market edge in manufacturing, design, engineering and services capabilities. The Company has a highly experienced, proven and high profile management team whose capabilities include extensive in-house expertise in all aspects of radiological protection and radiological waste management. NUCON-RF is currently involved in providing nuclear power plant equipment in Russia and China and intends to expand to India, European Union and North American markets in 2007-08. Current projects for 2007-2010 include multiple international nuclear waste remediation projects in northwestern Russia that are multilaterally funded by G-8 member countries for the decommissioning and disposal of nuclear powered naval vessels of the former Soviet Union. The Company is currently engaged in the due diligence phase of potential further acquisitions in 2007-2008 which are intended to substantially increase its asset and revenue base.

SAFE HARBOR STATEMENT

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potentiality and other prospective presentations by NUCON-RF, Inc. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. NUCON-RF undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in NUCON-RF's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.



Contact: Hanover Capital Corporation
Jim Hock
(818) 610-2028

Eisenberg Communications
Rick Eisenberg
(212) 496-6828
Source: NUCON-RF, Inc.
 
Response to stocklemon idiots

A website with the named citronresearch.com wrote a totally uniformed piece today about NUCON-RF. Their purpose seems to be to use lies and innuendos to try and get people to think negatively about a company in which they probably have shorted the stock.
The writer used no name and gives no contact information so that is very suspicious right away. As you all know my personal phone number is on my website as I have nothing to hide but the writer of this piece hides behind a web address where they think they can say whatever they want.
Their site used to be named stocklemon but I imagine they had so many lawsuits created by their lies in the past that they needed to change the name but I do not know for sure. We do know however that they are writing anonymously and if you go to their “About Us” page it says suspiciously “This page is under construction…”
They use the name “research” in their site title but they seem to do none on their own.
So we have an anonymous writer on a suspicious and unknown owner website writing false things.
To start they write that NUCON-RF has made “a series of mysterious acquisitions”
Well what kind of deranged statement is that? The CEO of NUCON-RF Prof. Valery Lebedev, PhD is the former Deputy Nuclear Power Minister of Russia and they bought 50% of ATOLL who make parts for nuclear power plants. How much more un-mysterious can that be? For the Russian government to allow a US company (the first and only one) to purchase such a highly sensitive Russian company says to me that the Russian government thinks very highly of NUCON-RF – think about that for a minute – do you really think just anyone can so such a thing? – if so than it is also very strange that no one before was able to do this. They write that they think it strange that ATOLL with such good sales would sell for only $2+ million in cash plus 4 million shares. Of course since they did absolutely no real research whatsoever but only wrote off the top of their head, they did not learn that ATOLL on its own could not expand to sell into and other countries or the former CIS ones as they had no licenses or access to capital to do so. To partner with NUCON-RF is a perfect match for ATOLL.
NUCON-RF has an agreement to co-lead an international consortium of European and Russian companies that will provide equipment, technologies and maintenance services to Rosenergoatom and their listed Russian contractors. Rosenergoatom is the operating utility of all Russia's nuclear power plants and is a main buyer from ATOLL. So ATOLL of course can see the huge benefit to them in this situation. Is there is a possible better fit to have the 50% shareholder in your company be the former Deputy Nuclear Power Minister of Russia and for them to already have an agreement with the country’s operator of all nuclear power sites? I think there is no better partner in the world. In fact only yesterday did they announce that now with NUCON-RF as a partner ATOLL increased the 2007 revenues so far by 52.5% adding $68 million to the former amount. For the unknown person to write that this is a mysterious acquisition is the most bizarre thing in my opinion. They even question the price of the acquisition. So on the one had they use innuendo to question the ATOLL company and on the other they say that that price paid is too small.
We have shown that the combining of these two companies is a perfect match and can help to expand the business for ATOLL . Besides the $2+ million in money they received 4 million is stock. Today it is true it is only worth $36 million but these are bright people and they see the huge renaissance of nuclear power plant construction going on in the world and they know also of the tremendous efforts underway and in the final planning to do remediation projects around the world and they know of the NUCON-RF expertise in this field. So yes at present the 4 million shares are only worth $36 but the owners of ATOLL understand that the share price will be much higher.
The writers from this website seem also blind to the knowledge of the formation of the huge Russian holding company ATOMPROM and what that means to the nuclear industry in Russia and in fact the world. I will not repeat the details here but they again so obviously did no research what so ever. Hint – ever hear of GAZPROM who has a $300 billion market cap and may become a $1 trillion market cap in 10 years? Twice the size or ExxonMobile. Well ATOMPROM is modeled about the same but for the nuclear industry instead of gas – do a Google search to learn something. This site citronresearch has never come to the company or to ATOLL at all and they make things up as they wish. If this website were a real company or even had a serious writer they would visit NUCON-RF or at least talk to them instead of hiding behind a URL. I invite them to come to Russian and see NUCON-RF and ATOLL in person and after to write a report after. They will not be shorting any stock when they see what is taking place. They seem to not understand that ATOLL is a very restricted company so have no website where you can look around. They work with very secure nuclear technology but I think a visit could be arranged for them
The writer makes a very derogatory comment about Mercer Capital and again they show their total incompetence. They suggest that Mercer Capital is selling stock retail. Mercer Capital does private placement of stock and no retail and they could have learned this with one phone call that they did not make. This citronresearch is looking more and more like a scam site that tries to scare people into selling stock based on lies they write. I imagine that the Mercer Capital attorneys will have something to say about the false statements made.
So citronresearch never came to Russia to check anything but Mercer Capital has come twice. Which one is real - the one with real people and phones or citronresearch who is totally unknown and hides.
Speaking of phones the writer does not even know that NUCON-RF has its operational offices in Moscow Russia – hello – they state that the headquarters is a P.O. box.
Let’s see – the Chairman of the board of NUCON-RF is Larry McQuade, Formerly Vice Chairman of Prudential Mutual Fund Management and Executive Vice President with W.R. Grace & Co. He also served as United States Assistant Secretary of Commerce from 1963 through 1969 and at the U.S. Department of Defense, as Assistant to the Assistant Secretary for International Security Affairs, in the administration of John F. Kennedy. With all of this the site citronresearch claims the headquarters for NUCON-RF is a P.O. box. I hate to use the word lame but really – do they not even check to see who is running a company they want to write about? Let me repeat--- Formerly Vice Chairman of Prudential Mutual Fund Management - United States Assistant Secretary of Commerce and yet they question the integrity of the company and at the same time give no name or phone number for themselves? They are a joke.
Did they not – no of course they didn’t, know that the adviser to NUCON–RF is Valery Zubov, Ph.D., Member of the Russian Federal Parliament Committee on Credit Organizations and Financial Markets. In other words he oversees the stock market and banking regulations but this seemingly low life site citronresearch prints the trash they said about NUCON-RF? Once again read who heads this company and with whom they have strategic relationships and learn a little. These relationships have been formed over many years and you only in the last year began to see the results and many more will come.
The thrust of the short article seems to be the hope that people would read and want to sell stock so citronresearch could make a profit on their short position in the stock.
We do not like to make any price predictions exactly here but let’s suppose that knowing the extremely high level and qualified leadership of NUCON-RF, that what is in the press releases is to become the case. We can extrapolate from the ATOLL releases $183 million in orders for 2007. As these are mostly from the main operator of all nuclear plants in Russia we need not question them. The profits in an earlier press release pointed to about an 18% profit so if that holds true it would be about $33 million and NUCON-RF’s share is 50% or $16.5 million. There are two other acquisitions in the works and they may contribute $4 million more give or take. This is only a rough guide but in this case the profits would be $20.5 million or about $0.58 per share based on 35,000 shares outstanding. (again realize that these are my personal extrapolations for illustration purposes but you can do your own using the press releases) So far we only show that if this is the least they do the current share price seems low for average of a companys in this field. PESI has a PE of about 23and ECOL a PE of 20 While CLHB (who does not do nuclear waste) has a PE of 24. So let’s say an average of 22 x $0.58 gives us $12.76. This is before any additional contracts.
So the site operators of citronresearch who may be lemons but do absolutely no research want to short the stock in a company that trades at a forward PE lower than the others in the field but one that has significantly higher potential in my opinion than the other three mentioned.
One specialty of NUCON-RF with huge potential is in International nuclear decommissioning and remediation projects. They have established themselves as NUCON-RF has an agreement with the Department of Nuclear Sites Decommissioning of the Federal Agency of Nuclear Energy of the Russian Federation to supply nuclear safety technologies, products and equipment for Russian and G-8 funded nuclear waste decontamination projects.
At the moment the most urgent decontamination project is Andreyeva Bay, Building No.5, a highly contaminated former radioactive waste storage site undergoing decommissioning.
The total of projects to be funded in part by Russia, the G-8 or and/or the European Bank of Reconstruction and Development is estimated to last until 2012 and perhaps beyond, will cost $4 billion and $2 billion of this amount will be funded under a G-8 funded decommissioning plan. Approximately $438.5 million of the $2 billion in working contracts have been concluded to date. NUCON-RF is awaiting any assignment of contracts.
So the shortsightedness of citronresearch does not allow them in any way to grasp the very serious business that NUCON-RF is in and obviously, as we have said, they totally ignored the high level stature of the people running and connected to NUCON-RF.
This clean up above is only part of what is needed as we all know NUCON-RF has an agreement with ATOMSTROYEXPORT (another major part of what will become the giant ATOMPROM) in which NUCON-RF will become the project partner and supplier to ASE of technologies and services in the Chernobyl Shelter Implementation Plan funded by the G-7 donor countries through the European Bank for Reconstruction and Development in Ukraine. The principal aim of the plan is to convert Chernobyl's Reactor 4, destroyed by the 1986 nuclear accident, into an environmentally-safe site.
You see citronresearch sees only that a company seemed to appear out of nowhere and have a run up in the stock price. What they do not see are the years of planning that have taken place before. The company for simplicity reasons took over an existing shell company to be on the US exchange as is a common practice. We know NUCON-RF plans to move to the AMEX or other major exchange and they await the SEC comment from their February FORM 10-SB filing.
NUCON-RF also has several proprietary technologies that have positioned the Company for multiple international projects.
NUCON-RF holds an exclusive license for NuCap™ in the Russian Federation and other CIS Countries. NuCap™ is a silicon-geopolymer material that stabilizes, encapsulates and stores nuclear waste for up to 170 years. It will be used on many of the cleanup sites.

NUCON-RF also owns a proprietary, moldable, non-toxic polymer-based nuclear energy shielding material known as FEECOM/BIECOM. FEECOM/BIECOM can be utilized in lieu of lead shielding. In the European Union, the use of lead will be banned as of 2010 for use in nuclear energy projects. NUCON-RF is in negotiations to establish its own European manufacturing facility for FEECOM/BIECOM as it anticipates strong demand for this product.

This should be enough for now to point out the total foolishness of the writing about NUCON-RF at citronresearch.
We would of course expect anyone who rights about NUCON-RF to actually do something before they write but in this case they made no call at all and no research either. We should expect them to remove their article from their site and to also make a retraction statement as they are being totally irresponsible and slanderous.
When we find out who these people are who hide behind their URL and make things up without checking first, we will let you know.
 
Stocklemon.com treats its subscribers like morons

Stocklemon.com treats its subscribers like morons

I am sorry if the use of the word moron is politically incorrect but what word would you use?

Do they think that every single subscriber of theirs will just take all they say as truthful? I guess they sure do. They seem to take a short position in a company and when set, they send out their subscribers a mass email to tell them to short a stock. Meanwhile they build personal profits as the subscribers pile into shorts. Then to keep things going they print more lies.

We all know of pump and dump schemes when a company promotes a worthless stock so that they can profit. We know there are novice investors who fall for these scams each day. It seems that stocklemon.com at least in this instance is doing the reverse of this and using NUCON-RF as its target.

We know that that the CEO of NUCON-RF, Prof. Valery Lebedev, PhD is the former Deputy Nuclear Power Minister of Russia and the Chairman of the board Larry McQuade, was formerly Vice Chairman of Prudential Mutual Fund Management and Executive Vice President with W.R. Grace & Co as well as United States Assistant Secretary of Commerce. And of course the adviser to NUCON-RF is Valery Zubov, Ph.D., Member of the Russian Federal Parliament Committee on Credit Organizations and Financial Markets. Stocklemon.com thinks its readers have such a low IQ that they will believe the stocklemon statement that this company with such an outstanding leadership is nothing but hot air.

Who are the people at stocklemon and why does the SEC allow them to print such lies? Well the Internet is large and sites like stocklemon are prone to remove items after they have taken profit. Today they removed some things they put up about NUCON-RF. Will more come? We do not know.

MorningStar has an article that says stocklemon.com is known for outright lies and distortions for the purposes of stock manipulation and short selling. http://tinyurl.com/2m5p8e and there you will note the law suits against them.

Yesterday we showed how what they had written was fabrication but they still think their readers will believe anything and they added even more lies.

As an example they said that Global Matrechs licensed NuCap ™ to Eurotech LTD.

NuCap ™ was invented in Russia during the time of the Chernobyl disaster. It was licensed to Eurotech (the name of the product then was EKOR ) and they licensed it to Global Matrechs. More on NuCap™ here http://www.nucon-rf.com/NuCap%E2%84%A2.htm

So once again stocklemon prints lies as it did not even do the very basic research to find out who is doing what.

You know, if someone had any real questions or concerns this would be a very interesting discussion but to spend time pointing out total lies, fabrications and innuendo from stocklemon.com is not interesting and not enjoyable. Stocklemon really hurts a lot of people with this practice. When you spread a lie you may scare some to sell something they should keep and you get people into short positions that they will lose in. Not only is it bad journalism but it is bad humanism. It is not the way to treat other humans to encourage them to action using lies.

I am tired of this and today do not want to say more. It is obvious to intelligent people what stocklemon is trying to do with its deceit. Fortunately it is also obvious to intelligent people that the strong leadership of NUCON-RF along with its Manufacturing, Technology and Nuclear Remediation and shielding including its proprietary FEECOM/BIECOM already has established it as a leader in the field. Here are a couple of older links mentioning the NUCON-RF CEO to show his longstanding position in Nuclear Fuel Cycle and Waste Technology area.

http://tinyurl.com/2exalt

http://tinyurl.com/yqm7e6

http://tinyurl.com/2g78sf

http://tinyurl.com/yulhcr

Stocklemon was contacted personally and were given an invitation to come to Russia and see for themselves. They did not respond as they seem only to care about their short position and not their readers or the truth.

My personal phone number is on my site and I sent it to them as well but they made no calls. I feel close to the situation as I live her in Moscow not far from the company offices.

They have today removed some material so maybe they are listening but who knows with them as they are very devious. If they removed the material on purpose and changed their ways then we would absolutely expect to see a retraction statement on their site.



Regardless – we had said in last weekend’s newsletter to expect a pullback if the stock price went to $10 and that is what happened so many who have been waiting for a pullback to enter started buying yesterday and we think and believe of the coming months that they will be very happy.

Thanks all. Have a fun weekend.
 
We hit the oversold area today - time to start accumulation

We hit the oversold area today - time to start accumulation


The stochaastics have finally gone below 20. That is the place I use to show that a stock is oversold. You can see it broke above 20 last time when it started the move in March so this cycle of (below 20 to above 80 to below 20) is about complete and it can soon reverse and move back up. When it does that, we watch when next time it goes above 80 then drops below to take some profits.

This method will not get you in or out at the best price but not bad. On NNRF it got you in about $0.80 and out about $8.00 for a 1,000% gain.

It will pretty soon move back above the 20 and I started buying back any trading shares here as was wanting to see the oversold reading that came today. You may notice that the RSI stayed very near 50 on this pullback and that shows (hence its name) the strong relative strength in the stock.

Chart http://tinyurl.com/2bk9uk

This is a normal cycle. I have drawn a line that shows where the buy and sell points were and show that we are again in an area to start accumulating for the next up cycle.
 
Today's news bigger than you may think

The latest news from NUCON is extremely significant.
Besides their manufacturing and technology divisions NUCON's big focus is on nuclear decontamination and remediation both inside Russia and in multinational projects.
For three huge remediation projects within Russia, the G-8 and the European Bank of Reconstruction and Development have pledged and initial $4 billion dollars and they have been working closely with Victor Akhunov who was the head of the Department for Decommissioning of Nuclear and Hazardous Radiation Facilities for the Atomic Energy department of the Russian. He was the top person and involved in these projects from the start.
As the press release states, Mr. Akhunov is recognized as the most knowledgeable and experienced expert on current and future decommissioning projects in the Russian Federation by the European Union. Now he has joined NUCON to head up their Decommissioning Projects and be on their board of advisors. This is obviously helpful in being considered to take part in these projects in a substantial way.
So now NUCON not only has the former Deputy Nuclear Power Minister of Russia as the CEO but the former head of Russia's Department for Decommissioning as their own project leader. This is really word class and as stated at the start - extremely significant.


----------------------------------
NUCON-RF, INC. Announces Appointment for G-8 Funded Decommissioning Projects in the Russian Federation
Wednesday May 16, 10:04 am ET

MOSCOW, May 16, 2007 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (Other OTC:NNRF.PK - News) today announced that, effective May 1, 2007, Mr. Victor D. Akhunov, former department head of the Department for Decommissioning of Nuclear and Radiation Hazardous Facilities of the Federal Agency for Atomic Energy of the Russian Federation, has joined NNRF as Head of Decommissioning Projects as well as the company's Board of Advisors. [SIZE=-2]ADVERTISEMENT[/SIZE]
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Mr. Akhunov is recognized as the most knowledgeable and experienced expert on current and future decommissioning projects in the Russian Federation by the European Union (``EU''), the European Bank of Reconstruction and Development and the donor countries of the G-8. Mr. Akhunov has been involved since inception in the planning and execution of the projects located at Andreyeva Bay, Sayda Bay, Gremikha Bay, the nuclear storage vessel LEPSE in Murmansk harbor, and the decommissioning projects in the Far East at Valadivostock. An initial $4 billion dollars has been pledged for these major projects, which are anticipated to continue through the year 2015.
Mr. Akhunov's primary responsibility with NNRF will be managing the relationships with multinational nuclear service companies, the Federal Agencies of Nuclear Energy of the Russian Federation and with the European Bank of Reconstruction and Development as the disbursement agent for the G-8 in the decommissioning projects, both current and future, in the Russian Federation.
NNRF previously announced on November 20, 2006 that it had entered into an agreement with the Department of Nuclear Sites Decommissioning of the Federal Agency of Nuclear Energy of the Russian Federation to supply nuclear safety technologies, products and equipment for Russian and G-8 funded nuclear waste decontamination projects. Chief among these is the decontamination of Andreyeva Bay, Building No. 5, a contaminated former radioactive waste storage site.
Mr. Akhunov is initially focused on the engineering and specific applications of the NNRF technology portfolio for the projects at Gremikha Bay, Building No. 5 at Andreyeva Bay, Svezdochka/Starlet. He also will be actively involved in establishing strategic partnerships with multinational nuclear energy engineering companies with which he has had a working relationship for over a decade. Additionally, Mr. Akhunov will assist in the organization of technology transfers and specific applications of the NNRF nuclear safety technologies with these companies. NNRF believes that these potential relationships may position the company's engineering services, manufactured products for nuclear reactors and nuclear safety technologies in additional global markets outside the Russian Federation.
Mr. Akhunov's responsibilities will also focus on expanding NNRF's participation in various decommissioning consortiums of various Russian Federation agencies. NNRF believes that by participating in these consortiums it will enlarge the scope of its present portfolio of manufactured equipment, particularly in the field of long-term storage of nuclear wastes in proprietary waste containers.
Mr. Akhunov joins Professor Valery Lebedev, CEO of NNRF and the former Russian Vice Minister of the Federal Ministry of Atomic Energy, and Dr. Hans-Jurgen Engelmann, Head of NNRF's shielding and decommissioning technologies and a member of the Contact Energy Group, an advisory committee to the EU, as members of NNRF management. With the addition of Mr. Akhunov, NNRF management consists of some of the most recognized experts in the fields of nuclear safety, decommissioning and disposal of nuclear wastes.
Dr. Engelmann, stated, ``We are extremely proud to have a world renowned expert in decommissioning join the NNRF team. We believe that Mr. Akhunov's established relationships with the multinational nuclear companies that service and supply the nuclear industry and are involved in the current decommissioning projects in Russia, including British Nuclear Fuel Corporation, Areva, Fluor and others. NNRF believes that Mr. Akhunov's relationship with the EU and the European Bank of Reconstruction and Development will provide a substantial and important addition to the management base for NNRF in executing its business model. We believe Mr. Akhunov will provide a substantial impetus to the continued growth of the Company.''
ABOUT NNRF:
NNRF is a U.S. corporation with executive and operations offices in Moscow, Berlin and Washington. NNRF offers design and manufacturing of specialized products for nuclear reactors and nuclear waste management; proprietary nuclear shielding, decommissioning and decontamination technologies; and engineering/design services for a range of environmental challenges. NNRF owns manufacturing facilities and provides both equipment and services for nuclear power plants and compliance, shielding, transport and interim and final storage requirements for government agencies and nuclear service companies. NNRF also owns or licenses proprietary leading edge technologies which provide NNRF with a market edge in manufacturing, design, engineering and services capabilities. NNRF's management team has extensive industry and government service including extensive in-house expertise in all aspects of radiological protection and radiological waste management. NNRF has entered into strategic alliance agreements with government agencies of the Russian Federation. Access through NNRF's strategic alliances to key processing and disposal facilities in the Russian Federation enables it to complete a broad range of projects efficiently and cost effectively. NNRF believes that this access provides vertically integrated services that distinguish it from competitors. NNRF manufactures nuclear power plant equipment in Russia and has multi-year sales contracts for a significant portion of current production with ROSATOM, the owner and operator of all Russian nuclear reactors. NNRF also provides products, services and proprietary technology based solutions through its strategic alliances to multilateral and bilateral funded projects located in Northwestern Russia known as the Northern Dimension Environmental Partnership (NDEP). This area contains the largest repository of spent nuclear fuel and radioactive waste in the world. The projects involve the decommissioning and disposal of nuclear powered naval vessels of the former Soviet Union. The projects are funded by G-8 member countries. NNRF currently is expanding its marketing to include the European Union, China, India and North America in 2007-08 through strategic marketing partnerships with multinational energy service companies. NNRF is currently engaged in the due diligence phase of potential further acquisitions in 2007-2008 which are intended to substantially increase its current asset and revenue base.
SAFE HARBOR STATEMENT:
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potential and other prospective presentations by NNRF. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. NNRF undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in NNRF's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.


Contact: NUCON-RF, Inc.
Shareholder Relations
818-610-2028



 
NUCON-RF, Inc. Announces Results of Meeting of Board of Directors

NUCON-RF, Inc. Announces Results of Meeting of Board of Directors
Wednesday May 23, 9:42 am ET

MOSCOW, May 23, 2007 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (Other OTC:NNRF.PK - News) today announced a summary of the Board of Directors meeting held in San Francisco on May 18-19, 2007 as provided by its Chairman, Lawrence C. McQuade. [SIZE=-2]ADVERTISEMENT[/SIZE]
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The Company intends to hold a special stockholders meeting shortly for the purpose of voting on an amendment to its articles of incorporation to change the name of the Company to ``NNRF, Inc.,'' to redomicile the corporation in the State of Delaware, and to elect a new slate of directors, among other matters. In addition, the Company is currently evaluating the appointment of several additional members to its Board of Advisors.
The Company is currently conducting an evaluation of a future listing on either the American Stock Exchange or NASDAQ. NNRF believes it will complete this evaluation and be able to elect the appropriate course of action during the third quarter. Other potential future listings on the London Alternative Investment Market, the UAE Exchange, and the Russian Trading System were also discussed.
The Board reviewed the current status of the Company's business and strategic plan. A summary of these discussions included:
ZAO ATOLL
Our Russia based auditors presented a review of the order book of ATOLL. The ATOLL order book confirms outstanding contracts of US$183 Million in conjunction with ATOLL's first quarter revenue. ATOLL will be participating in tenders with ROSATOM that could potentially add to this order book. In addition, ATOLL has submitted a tender to the EBRD, the funding source for the upgrading and maintenance program of Russian designed nuclear power plants in East Europe, to provide spare parts. ATOLL is also working with a German company that is tendering spare parts for nuclear power plants in Asia. These tenders total US$96-104 Million, collectively. The ROSATOM tenders are for equipment relating to a radwaste storage facility and for parts and equipment for one of the existing nuclear power plants owned and operated by ROSATOM, and the other tenders are for spare parts at nuclear power plants in other countries.
ATOLL is presently evaluating prospective locations for the relocation of its manufacturing facilities from its current location in St. Petersburg. The evaluation indicates that labor costs may be reduced as a result of this relocation.
Acquisitions
In addition to the completion of the acquisition of 50% of ATOLL in March 2007, we have entered into letters of intent to acquire, subject to satisfactory completion of our ongoing due diligence investigations, three additional manufacturing companies: JSC Electroprivod, Velkont and ROAR. In 2006, the three companies had combined revenues in excess of US$13 million.
We believe that each of these companies will significantly advance the manufacturing base of NNRF in our core business of providing equipment, services and technologies for the nuclear power industry. In addition, these acquisitions may add considerable revenue in 2008. Our Russia based auditors are currently completing the due diligence investigation of each entity for final consideration by the NNRF board of directors, including an audit of the financial statements of ROAR and a review of the financial statements of each of JSC Electroprivod and Velkont. We intend to complete this process in the third quarter of 2007.
Decommissioning and Disposal
As an existing member of a prime contract team for the NDEP (Northern Dimension Environmental Partnership) projects in Northwestern Russia, we are participating in projects at nuclear, radiological and industrial facilities located in former nuclear fuel disposal and refueling sites in Russia. These projects include Andreveva Bay, Saida Bay, Gremihka Bay, and the specialized Federal technical boat Lepse.
Our decommissioning projects are progressing satisfactorily and we believe, under the supervision of our recently appointed Head of Decommissioning Projects, Victor Akhunov, the former department head of the Department for Decommissioning of Nuclear and Radiation Hazardous Facilities of the Federal Agency for Atomic Energy of the Russian Federation, that we may enlarge the scope of our current involvement. We believe that revenues from the first deliveries of our products and services for these projects will commence in the fourth quarter of 2007 and may continue through 2012 or longer.
As previously announced, we are engaged in engineering studies with the International Center for Environmental Security of the Federal Ministry of Nuclear Energy of the Russian Federation for the NDEP decommissioning and disposal projects in Northwestern Russia. http://www.dti.gov.uk/energy/enviro...northwest-russia-profile-task1/page14394.html. We anticipate that two of our technologies, FEECOM/BIECOM and NuCap(tm), will be used in these projects. Currently, the RADON Institute is elaborating upon and confirming the characteristics of these technologies for shielding and disposal applications in the Russian Federation. RADON is the leading institute for materials and technologies for nuclear waste storage facilities, and its chief function is processing municipal radioactive waste. The RADON Institute serves more than 2,000 Moscow-based organizations and several organizations in surrounding regions. http://www.nti.org/db/nisprofs/russia/reactor/waste/radon.htm#moscow.
In addition to the work being conducted at the RADON Institute, we are participating in the following projects with additional engineering agencies of the Federal Agency of Atomic Energy:
VNIPIET (All-Russian Science Research and Design Institute of Power Engineering Technology) http://www.nuclearmarket.com/suppliers/details2.cfm?IDcompany=2387.
SEVRAO, the Northern Federal Enterprise for the Treatment of Radioactive Waste, created by the Ministry of Atomic Energy to facilitate spent nuclear submarine fuel storage and transportation to reprocessing facilities.
http://f40.iaea.org/worldatom/Programmes/CEG/meeting16.html
In addition to our established projects in the Russian Federation, we have initiated marketing efforts in Europe. On May 23, 2007, we are participating in the German Annual Nuclear Conference in Karlsruhe. This meeting will provide an opportunity for our marketing team to meet with the most important nuclear power plant operators, government regulators and services providers. These meetings are intended to further advance future field trials at four of the large nuclear power plant operators in Germany and Europe. We also are presenting NuCap(tm) at the Firebrigade Academy of Hamburg in June to demonstrate the efficacy of the material for emergency response.
We continue to enlarge our senior management team and employee base. These professionals have extensive industry experience. We believe our human capital, together with the unprecedented access to our strategic partners' engineering capabilities and partnerships with Federal agencies, are a core competitive advantage and enable us to deliver comprehensive solutions offerings. Our senior management team has several decades of nuclear-related project management experience on large customized projects, as required by government and commercial customers. The recent appointment of Victor Akhunov as Head of Decommissioning and Disposal projects of NNRF represents a significant further addition to our team. It is widely believed that he is one of the world's leading experts on Russian nuclear waste disposal and decommissioning issues and is highly regarded by the G-8, the European Union, the Contact Expert Group, the European Bank for Reconstruction and Development and the IAEA (International Atomic Energy Association).
Manufacturing, Decommissioning and Disposal Technologies. Our capabilities are derived from the three specialized divisions of NNRF. Our design, engineering, technology and manufacturing divisions, and the future contemplated acquisitions, have established these capabilities. Access through our strategic alliances to key processing and disposal facilities in the Russian Federation also enables us to complete a broad range of projects efficiently and cost-effectively. We believe that this access provides vertically integrated services that distinguish us from competitors that must coordinate their efforts with multiple third-party contractors to offer a comparable range of services.
We are currently in the process of redesigning our web site: http://www.Nucon-RF.com. Effective May 25, 2007, the new web site address will be: http://www.NNRF.com and will reflect the prospective new name of the Company. As we have included a new section on investor relations, we encourage you to visit our web site and to make inquiries on any questions you may have. We will endeavor to answer all questions provided they address issues that are not either privileged or non-public information.
The board of directors and the management of NNRF want to thank our shareholders for their continued support and look forward to continued progress in 2007.
ABOUT NNRF:
NNRF is a U.S. corporation with executive and operations offices in Moscow, Berlin and Washington. NNRF offers design and manufacturing of specialized products for nuclear reactors and nuclear waste management; proprietary nuclear shielding, decommissioning and decontamination technologies; and engineering/design services for a range of environmental challenges. NNRF owns manufacturing facilities and provides both equipment and services for nuclear power plants and compliance, shielding, transport and interim and final storage requirements for government agencies and nuclear service companies. NNRF also owns or licenses proprietary leading edge technologies which provide NNRF with a market edge in manufacturing, design, engineering and services capabilities. NNRF's management team has extensive industry and government service including extensive in-house expertise in all aspects of radiological protection and radiological waste management. NNRF has entered into strategic alliance agreements with government agencies of the Russian Federation. Access through NNRF's strategic alliances to key processing and disposal facilities in the Russian Federation enables it to complete a broad range of projects efficiently and cost effectively. NNRF believes that this access provides vertically integrated services that distinguish it from competitors. NNRF manufactures nuclear power plant equipment in Russia and has multi-year sales contracts for a significant portion of current production with ROSATOM, the owner and operator of all Russian nuclear reactors. NNRF also provides products, services and proprietary technology based solutions through its strategic alliances to multilateral and bilateral funded projects located in Northwestern Russia known as the Northern Dimension Environmental Partnership (NDEP). This area contains the largest repository of spent nuclear fuel and radioactive waste in the world. The projects involve the decommissioning and disposal of nuclear powered naval vessels of the former Soviet Union. The projects are funded by G-8 member countries. NNRF currently is expanding its marketing to include the European Union, China, India and North America in 2007-08 through strategic marketing partnerships with multinational energy service companies. NNRF is currently engaged in the due diligence phase of potential further acquisitions in 2007-2008 which are intended to substantially increase its current asset and revenue base.
Safe Harbor Statement:
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potential and other prospective presentations by NNRF. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. NNRF undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in NNRF's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.


Contact: NUCON-RF, Inc.
Shareholder Relations
818-610-2028
 
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