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NuRAN Wireless Inc C.NUR

Alternate Symbol(s):  NRRWF

NuRAN Wireless Inc. is a Canada-based mobile and broadband wireless infrastructure solutions provider. The Company is focused on providing a network as a service. It provides second generation (2G), third generation (3G) and fourth generation wireless solutions to rural and remote areas. It operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and services to the mobile telephony industry. Its radio access network, core network and backhaul products give mobile network operators the ability to serve remote, low income and low population density locations, an unfeasible proposition with existing systems. Its wireless infrastructure systems are mobile wireless infrastructure equipment that uses small cell solutions. Its products include OC-2G, Litecell-xG and global system for mobile communications (GSM) LiteCell. Its tower categories include Lite Rural Site 2G, and Rural G2U2 Site 2G and 3G.


CSE:NUR - Post by User

Post by tooez1on Jul 06, 2023 10:41am
239 Views
Post# 35529103

The EIB

The EIB may have had a reason before to approve NUR for  $millions, but the EIB most definitively does not have any reason now to give NUR anything... 

Judging by how banks actually work, NUR isn't getting a nickel...quite likely not from anyone who is not already entangled.

Many on the other site keep referring to contracts and apparently don't have a clue about "protective" clauses that ensure that the issuer has the upper hand if certain conditions are not fulfilled.

Who knows?  After NUR retreats further  the stock may go into a period of dormancy and eventually regain something?  Presumably with new people running the show???   On the other hand,  maybe not.

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