North Bay Resources Inc (NBRI)

[es1]

That wouldn't hurt the VCs at all. They already made back their money and a substantial profit. Maxing out the AS and sticking them with paper only gives them everything they want. First the paper can be written off against the gains they made. Then when no bid hits they force a BK and take the assets from us.

In the end the VCs have made millions of dollars, have millions in write offs, and they have the assets which they will sell for even more profit.

The only losers in the entire play are the poor fools who listened to the hype and didn't do their DD. People who saw a picture of a glove and bought on the word of a stranger. Or those that listened to the 80 year old fairy tale being spun here daily.

For those that lost I hope in the future you will realize that the "bashes" are the things that need to be investigated. The pumps don't matter. When you are doing your DD remember that billions in gold 60 feet away cant hurt you. There is no reason to verify if it is there or not. Convertible debt can kill you and should be looked into before investing. Only "bashers" will inform you of convertible debt.

So while everyone hates bashers what they say should be checked out since the things they speak of are the things that can hurt you.

Live and learn