National Residential Properties (fka NRES)

[biznswhiz]

I own around 55,000 shares of NRES, at one point it was well over 90,000. Of course this was back before it dropped down to the sub-dirt level. I realized something was going on well before it actually occurred and wrote Mr. Astrom to release a set of financials to me as a shareholder. He never responded, and there was never even a chance to cast my vote as a shareholder. Heck, even the meetings were held in secret from what I can tell. I was never addressed on any correspondence from the company, yet the financials kept being padded. Eventually I got fed up and wrote the Securities Exchange on the matter. Definitely stay away from this problem child. To Mr. Astrom, I hope the deceit you caused your investors serves as some form of punishment when you reach your end.