Ribotsky resigns! Fact!
Our friend Mr. Ribotsky has utilized his own website
"G-Investor" to send his messages. Yesterday, he sent the following message about his current situation.
The information that he has resigned is fact and can be verified.
Here is the twisted "G-Investor" email that he just sent out:
From: G Investor <ginvestor7@gmail.com>
Date: Tue, 29 Nov 2011 14:27:28 -0500
Subject:
So, What now?
If rumors are true, then we would all be someplace different, but news on the street says our friends at NIR have decided to hang up their fund managing hat.
News of the switch is sure to hit the street soon or be plastered all over Teri Buhl’s blog. She may even take credit for it.
But let’s say she was partially responsible? So? What now? What will become of the liquidation of the fund’s under NIR’s tutelage and what is to become of investor capital? Surely there was none other than Ribotsky himself that was more focused on getting his and his client’s money out of the fund, so why make it so hard for him to do so?
Have the investors who forced the issue made it harder on themselves? Doesn’t this now put Ribotsky right along side them as an angry investor or creditor with a lot to gain or lose? Is that a smart idea? Let’s take the guy who helped build the portfolio we are trying to sell or liquidate and let’s kick him to the curb. Does that make sense?
Investors who have spoken to several sources are not so sure. They feel the NIR folks have gotten a raw deal and that this was all designed by former disgruntled management to cover their own fraud by making sure NIR and specifically Ribotsky was out of business.
Those investors are now concerned that their ability to see the light at the end of the tunnel just packed up his desk and went home. Not that this was his idea sources say, but he wants what’s best for all as one person close to the situation put it. If this is what some want, who is anyone to argue. But it defies logical behavior.
Time will tell whether it is good for the investors or not, but some sources believe it is the death knell for their value. The once great pioneer of PIPE investment structure is now gone for those investor’s to rely on.
So we ask again……What now? ? ? ?
AI
