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May 15th, 2007
NanoDynamics IPO Is Looking Needy
Initial public offering candidates like to preface their prospectus with a bit of imagery to give investors a quick taste of its offerings.
NanoDynamics, which filed for an IPO last week, is no different.
The Buffalo, N.Y.,-based clean energy start-up has a picture of Earth with a gigantic post-it note thumbtacked onto Greenland (I guess the post-it adhesive kept falling off the polar ice cap). On it are four "to do" items, all checked off: Energy, Water, Food, Environment.
NanoDynamics' goal, apparently, is to take care of all of these -- surely one of the most ambitious corporate visions since somebody promised to organize all the world's information. And who, in good conscience, could wish them anything but success?
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