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It has? All I've seen is one from the company circulating but not one from a "Public" MarketWatch Press release...........
If you have it, please post it or let me know where I can view it.
Why hasn't the OTCBB announcement been "announced"?
NMC has engaged The Blackstone Group to assist in its efforts to sell all or part of the Company; however, there is no assurance that we will find a suitable buyer and further updates are expected to occur only when NMC has something definitive to communicate. Management appreciates the patience of NMC's shareholders and remains dedicated to their long-term best interest.
Blackstone's real estate operation has managed six domestic and two non-U.S. real estate opportunity funds and has raised approximately $23.6 billion in capital since its formation in 1992. As of September 30, 2007, their real estate operation had approximately $25.0 billion of assets under management. The total enterprise value of the 223 transactions effected by their real estate operations from 1992 through September 30, 2007 was over $103 billion.
NMCX has a very good chance by having The Blackstone Group help sell all or part of the Company...IMO.
NMCX has hired Blackstone on..............
Today Blackstone is a leading global alternative asset manager and provider of financial advisory services listed on the New York Stock Exchange (ticker symbol BX) with total assets under management of approximately $98.2 billion as of September 30, 2007.
NMC has engaged The Blackstone Group to assist in its efforts to sell all or part of the Company; however, there is no assurance that we will find a suitable buyer and further updates are expected to occur only when NMC has something definitive to communicate.
NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NMC, Inc. Posts Disclosure Document on the Internet at www.nmcinc.com
Last update: 12:15 a.m. EST Jan. 17, 2008Print E-mail RSS Disable Live Quotes
FRANKLIN, Tenn., Jan 17, 2008 (BUSINESS WIRE) -- NMC, Inc. (Pink Sheets: NMCX) announces that it has completed a disclosure document intended to be used for various business, capital raising and other purposes. In order to ensure that any new information in the document is available to all shareholders, the company has posted the disclosure document on its website at www.nmcinc.com. Paper copies of the disclosure document are also available to those who request a copy by sending a stamped, self-addressed envelope to NMC, Inc., ATTN: Assistant Secretary, P.O. Box 82064, Las Vegas, NV 89180, and a copy will be sent via return mail.
NMC has engaged The Blackstone Group to assist in its efforts to sell all or part of the Company; however, there is no assurance that we will find a suitable buyer and further updates are expected to occur only when NMC has something definitive to communicate. Management appreciates the patience of NMC's shareholders and remains dedicated to their long-term best interest.
This news release is for information purposes only and is neither a solicitation to sell securities nor an offer to buy securities, which solicitation or offer may be made only via prospectus. The registration of the Company under the Securities Exchange Act was revoked in March 2003. Unless the Company effects a new registration with the SEC, Section 12 under which the Company registration was revoked states: "No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence."
NOTE CONCERNING FORWARD-LOOKING STATEMENTS-PLEASE READ
Statements contained in this release that are not purely historical are intended to be forward-looking statements. These statements are based on information available to the Company as of the date of this news release, and the Company assumes no obligation to update or revise these forward-looking statements. Forward-looking statements are inherently uncertain, and the Company's actual results may differ from management's expectations. Risks and uncertainties associated with forward-looking statements include without limitation, the risks that the company will be unable to identify and reach an agreement with a buyer for its assets; that, even if the company identifies a buyer and reaches an agreement, the purchase price and other terms will not be viewed favorably by the market; and that any proposed transaction will not close because of a failure to obtain required approvals, antitrust or other regulatory action or the failure to meet other conditions precedent to closing. The company is in the early stage of development, has no revenues or financial reserves and is dependent upon the sale of securities to obtain capital for its ongoing operations. Additional risks are disclosed in the disclosure document posted on the company's website and referenced in this release. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Financial estimates, whenever provided, either by the Company or by third parties, are subject to change and are not intended to be relied upon as predictions of future operating results. NMC, Inc. assumes no obligation to update or disclose revisions to such estimates.
SOURCE: NMC, Inc.
Jordan Richard Assoc. LLC
Madeleine Franco, 702-256-4905
ir@jordanrichard.net
Copyright Business Wire 2008
Monkey?
I hear you....sad huh?
Has anyone heard any rumblings of a possible update that may come out regarding PNMS, not the Exchange?
It would be nice to hear what the plan is, (ie., move date to Vegas, etc.).
Booya back at ya Buddy!
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Positive Fundamentatls Returning to Hythiam
Brean Murray Carret & Co.
January 10, 2008
Rating: Buy
Target: $15
Alcohol patent issues; PROMETA gaining momentum. We believe Hythiam has garnered significant momentum that will continue through 2008. This week the USPTO issued a notice of allowance for the company’s alcohol patent, the company announced record revenues for PROMETA in December and its plans to cut operating expenses by 25-30%. We view Hythiam as undervalued at this time, especially ahead of expected multiple, positive catalysts.
Expecting catalysts in 1H08. We continue to believe Hythiam will announce at least one disease management partnership this quarter. In regard to PROMETA clinical validation, we maintain our expectation that an ITT analysis of Urschel’s cravings trial will confirm the statistically significant completer analysis reported in November. We expect Urschel will submit his full analysis of the 30-day trial for publication this quarter, and we could see the full data and analyses published as early as 3Q08. In February, we anticipate positive ITT results from the randomized, but non-blinded and uncontrolled, Arizona trial. Finally, we expect the largest catalyst for both PROMETA and Hythiam to be reported in 2Q08, namely the ITT analysis of the reduction in use endpoint of Dr. Ling’s 120-day methamphetamine trial conducted at UCLA.
Sentiment : Strong Buy
The number one rule when you want to buy a stock is when nobody wants it and sell the stock when everybody wants it!
This is the only way to consistently make money swing trading!
Let's get started on HYTM........there is money to be made on this one!
"We only trade price. We do not trade information. We do not trade knowledge (of the asset being traded). Nor do we trade computing power and expertise. We do not trade anything at all other than price, i.e., the number. Therefore, since the only factor that counts in this game is the price, it is only smart to focus all, or almost all, our attention on this number - on the price and its movement; in other words, what the price has done in the past and is doing in the present."
- F.H. "Chick" Goslin
Wrong......PNMS is out of Dallas. That office will be moving to Las Vegas, NV.
You are confusing the two; the PDR Exchange is in Panama.
Well how do they claim they've been shorted all this time and say it is one of the reasons why they moved to the PDR Exchange in Panama?
What day?
I agree, this is one to hold onto and ride it out.
"Spend your time with those that celebrate you, and ignore those that tolerate you."
I like that............
Quick, send them some bagels!
Ahhh........I'll help the cause and buy some more today as soon as my dry powder hits my account.
Jan. 10, 2008 -- Hythiam, Inc. (NASDAQ: HYTM) announced that the United States Patent and Trademark Office allowed Hythiam's U.S. Patent Application No. 10/621,229 which contains claims using a composition of matter for reducing a person's desire to drink alcohol. The patent will serve to enhance protection of the intellectual property underlying the company's PROMETA Treatment Program.
IMO.........the same will happen for methamphetamine and heroin addiction.
This is a big step for this company!
Has anyone actually have proof that they have moved into a new building and are still a company producing?
You should be on the Campaign trail! I would be voting for you for sure!
That's positive news:)
You're not kidding. Check how the voulume ticker keeps going up and down and PPS all over the place.
This one is going to be a winner!
I guess I can answer my own question with the news that just came out. SHORTS ARE COVERING THEIR REAR ENDS!
That is great news! Do you have anything that would back your claim and/or how can one confirm this is true?
HUGE NEWS..............................
U.S. Patent Office Allows Hythiam Patent Application Underlying the PROMETA Treatment Program for Alcoholism
8:00 AM ET - BusinessWire
Hythiam, Inc. (NASDAQ:HYTM) announced today that the United States Patent and Trademark Office has allowed Hythiam's U.S. Patent Application No. 10/621,229 which contains claims using a composition of matter for reducing a person's desire to drink alcohol. The patent will serve to enhance protection of the intellectual property underlying the company's PROMETA Treatment Program.
This patent, the second allowance in the U.S., represents the securing of the last of the initial patents in both Europe and the U.S. To date, Hythiam has been granted or allowed 56 patents throughout the world. The company believes that just as meaningful, however, are the continuation in part ("CIP") applications derived from this initial work that have been and will continue to be filed, as well as entirely distinct patent applications for treatment approaches for other CNS indications in which GABA receptor dysregulation may serve as the critical pathology.
About the PROMETA(R) Treatment Program
Hythiam's PROMETA(R) Treatment Program is designed for use by healthcare providers seeking to treat individuals diagnosed with dependencies to alcohol, cocaine or methamphetamine, as well as combinations of these drugs. The PROMETA(R) Treatment Program includes nutritional supplements, FDA-approved oral and IV medications used off-label and separately administered in a unique dosing algorithm, as well as psychosocial or other recovery-oriented therapy chosen by the patient and his or her treatment provider. As a result, PROMETA(R) represents an innovative approach to managing alcohol, cocaine, or methamphetamine dependence that is designed to address physiological, nutritional, and psychosocial aspects of the disease, and is thereby intended to offer patients an opportunity to achieve sustained recovery. To learn more, please visit www.prometainfo.com.
About Hythiam, Inc.
Hythiam, Inc. provides behavioral health management services to health plans, employers, criminal justice, and government agencies through a network of licensed and company managed providers. The company approaches the management of behavioral health disorders with a focus on using the latest medical and health technology towards improved outcomes and out-patient treatment. Hythiam also researches, develops, licenses and commercializes innovative and proprietary physiological, nutritional, and behavioral treatment programs. Hythiam offers disease management for substance dependence built around its proprietary PROMETA(R) Treatment Program for alcoholism and dependence to stimulants. The PROMETA(R) Treatment Program, which integrates behavioral, nutritional, and medical components, is available through both licensed treatment providers and company managed PROMETA(R) Centers. Hythiam does not practice medicine or manufacture, distribute, or sell any medications and has no relationship with any manufacturers or distributors of medications used in the PROMETA(R) Treatment Program. For further information, please visit www.hythiam.com.
Forward-Looking Statements
Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history and lack of statistically significant formal research studies, the risk that treatment programs might not be effective, difficulty in developing, exploiting and protecting proprietary technologies, intense competition and substantial regulation in the healthcare industry; and additional risks factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at http://www.sec.gov.
SOURCE: Hythiam, Inc.
Hythiam, Inc. Sanjay Sabnani, 310-444-5335 ssabnani@hythiam.com or Dan Klores Communications Tim Sullivan, 212-981-5234 tim_sullivan@dkcnews.com
Amazing how that volume keeps churning but the PPS doesn't budge.
Shorts covering? Or, company dumping shares to pay some bills?
Any thoughts?
How about an update?
Amen......
Who's on first?
Thanks Midas... You mentioned that a Panamanian Foundation can close up shop at any time it wishes.
Do you feel that even though all or most transactions took place out of the Dallas office that there would be no recourse one would have should The Exchange default come June 15, 2008?
One last thing and I'll let you go....
Do you honestly believe they will make good on all 1-Year PDR GTD's to be paid out on June 15, 2008?
That date will make or break this company for sure. I would like to hear your response on that GTD. question.
Myself, I'm in this for the GTD. for the most part.
Thanks for your response. Would it be safe to say, seeing there has been no value attached to the 6-PDR's that it will be another year before we start to see any substantial trading?
Apparently, there must not have been a deposit of some underlying security (something of value) placed on any of them.
It would certainly take some time to get to the point where there is some sort of "market" if you will formed within the Foundation/Exchange.
I might be missing something here but I would have to gather we are a far way off.
I would like to know why there are no values on most PDR's with the exception of:
PDR Name: The Deposit Credit Corporation Founders Shares
Current Price: $1.00
PDR Name: PNMS 2-Year
Current Price: $120.00
PDR Name: PNMS 1-Year
Current Price: $105.00
PDR Name: Corobici Wildlife Refuge
Current Price: $11.00
I thought they had started trading the 6 other PDR's? Can anyone answer these two questions?
Overachiever......... You say they have very little cash in the bank. May I ask how you know that?