I believe that there will be some type of announcement when earnings are released regarding the listing of NMKT subsidiaries. Phil had wanted to announce a reduction in fully diluted shares when year end results were announced, but was unable to do so. He now says the reduction WILL be announced when first quarter results are announced. Something has changed since March 31 that now makes it possible to make the announcement. Part of the announcement includes transferring VTI debt to shares in subsidiaries. Before there were no shares in subsidiaries to transfer them to. Phil said in February that several NMKT subsidiaries had allready applied for listing on stock exchanges. These subsidiaries needed to have their own financials for 2005 to begin trading. I'm not sure if they need audited results to begin trading. At any rate I believe that some NMKT subsidiaries will be trading their own stocks soon. You may see NMCH, NMLA or XIPT soon. Does anybody realize that out of the thousands of stocks that trade on the NYSE, AMEX and OTC that NMKT is the only stock you can buy that may pay you five stock dividends in the next twelve months? It makes NMKT very unique. Once an actual dividend is declared NMKT will receive a lot of attention. It will stand out as the only company on the entire stock market with this kind of a business model. Another bullish thing that many people overlook is the prescence of Hugh Robinson on the board of directors. A former Federal Reserve Board Regional Chairman that is actively involved with NMKT. He went to China with NMKT and right now he is in Latin America with NMKT. This is an unbelievably bullish developement. You know he isn't doing this for amusement. Despite my frustration over delays I remain extremely bullish on NMKT. The share dilution has been a negative, but it is offset by three huge positives. They are earnings, stock dividends and an eventual AMEX listing.
