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Alias Born 09/20/2010

Re: wilma6311 post# 33730

Monday, 08/11/2014 6:41:49 AM

Monday, August 11, 2014 6:41:49 AM

Post# of 38473
The NDR ownership structure is unnecessarily complex, wilma

The problem with the current structure is that anyone wanting to deal with NDR will find out that it is merely the 'front' for UBRG which, in turn, is a front for GEG, which in turn, is a front for Metwood.

But, in the final analysis, they're all just public fronts for the privately held, and unregulated, Rainco and/or Rainco Management.

And we know that the Rainco business is creating shares to trade with.

The inevitable conclusion is that NDR is unlikely to become any more successful than it was prior to the takeover by UBRG. Ali can continue to spin the story-line of potential profit from their gas sales, but that's been spun dry.

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