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Re: Psionic Trader post# 613

Wednesday, 04/05/2006 5:04:44 PM

Wednesday, April 05, 2006 5:04:44 PM

Post# of 146235
In all my DD, and I have done a lot, I have not come across one bit of evidence that this is even close to being a scam. The one flag that does continually go up is that NNVC is incorporated in the State of Nevada. Under Nevada rules, a BOD can define shares in pretty much any way they see fit. They can even shield shares from dilution. THat is why when dealing with Nevada corporations one must look at all beneficial owners as well as shares distribution. NNVC has clear checks and balances. No single person can do anything without the consent of at least one other beneficial owner. Also, every single owner has a long reputation for inetgrety and honesty. Sorry, but no scam here.

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