NFT Marketplace Inc (NFTM)

[nsomniyak]

We are not investors in Synergy Management. Ben does not owe retail investors in the stocks he works with any transparency at all. The fact that he has been substantially transparent about his stocks has been great - but that does not mean we are entitled to ongoing transparency or full transparency about any stock at any given time.

The transparency we have enjoyed so far is one of the things that has made the Synergy plays attractive. But that transparency should be recognized as a luxury we have become addicted to, not an entitlement going forward.

Obviously there is reputational risk to Ben here. Either he was blindsided by a bad actor who walked on a "handshake" deal (my belief) or he was complicit. Neither is a good look going forward.

I personally appreciate the updates we have received from Ben and have told him so. However, I don't think he needs retail investors and will need us even less after 9/28 when we can't buy the shells he is working on. On the other hand, there will be far less incentive for bad actors to create a market for their shares by pretending to work with Ben on the shell.

I for one am going to give BABL some time, and in fact I doubled my position yesterday.