Nymet Holdings Inc. (fka NYMH)

[rrm_bcnu]

papa.. here you go...

What are the Pink Sheets' trading hours?
The Pink Sheets follows regular market hours, from 9:30 AM until 4:00 PM ET. The Pink Sheets follows the market calendar of the Nasdaq Stock Market and is closed on the days that Nasdaq is closed. The Quotation system is available from 7 am to 5 pm every business day. However, individual traders at a market maker control when the trader's quotes are open and firm.
http://www.pinksheets.com/faq.jsp#8


2569 Federal Register / Vol. 72, No. 12 / Friday, January 19, 2007 / Notices

4632. Transaction Reporting

(a) When and How Transactions are reported

(1) Trade Reporting Facility Participants shall, within 90 seconds after execution, transmit to the NASD/ Nasdaq Trade Reporting Facility or if the NASD/Nasdaq Trade Reporting Facility is unavailable due to system or transmission failure, by telephone to the Operations Department, last sale reports of transactions in designated securities executed during normal market hours. Transactions not reported within 90 seconds after execution shall be designated as late.

(2) Transaction Reporting to the NASD/Nasdaq Trade Reporting Facility Outside Normal Market Hours

(A) Last sale reports of transactions in designated securities executed between 8:00 a.m. and 9:30 a.m. Eastern Time shall be reported within 90 seconds after execution and shall be designated [as ‘‘.T’’ trades] with the unique trade report modifier, as specified by NASD, to denote their execution outside normal market hours. {Transactions not reported within 90 seconds also shall be designated as .T trades.} Such {T} transactions not reported before 9:30 a.m. shall be reported after 4:00 p.m. and before 8:00 p.m. {as .T trades} with the appropriate trade report modifier as specified by NASD. 8:00 a.m. and 8:00 p.m. Eastern Time and be designated ‘‘as/of’’ trades.

http://www.nasd.com/web/groups/rules_regs/documents/rule_filing/nasdw_018332.pdf page 2


So... since the Pinksheets does not accept pre-market or after hours trades, stock traded exclusively on Pinksheets that contain the "T" indicator (such as the trades you mention) are trades that did not meet the 90 second posting rule as per above. If the "T" trade appears at the beginning of the day it is because it wasn't posted before 5PM on the preceding day.

rrm