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Re: sawtooth1 post# 12738

Monday, 11/06/2006 9:24:57 PM

Monday, November 06, 2006 9:24:57 PM

Post# of 142042
Now lets look at NHGP or "National Hospitality Group". Heres a brief synopsis of this company which existed in 2005.

-CEO Ed Hayter
-Ended up with Tampa Bay Mortgage (hard money lending from Astrom's PRRM) and the Pine Bluff Hotel (with money lent to it from Astrom's PRRM).
- From the press releases They were going to reduce shares, provide audited financials, and go OTC BB.
- Nothing much amounted from this shell and it turned into CMSI "Corporate Mortgage Solutions Inc"
- It was run by a fellow named Damien Guthrie and was still going to give hard money lending a go.
- Finally The Arkansas Hotel ended up as IBAC Corporation or IBCX with Ed Hayter as CEO.
- It appears that Tampa Bay Mortgage disappeared never to be heard from again and CMSI turned into a wallpaper company that eventually changed its symbol to BPWW
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