Nymet Holdings Inc. (fka NYMH)

[juanly]

bike,

I can only make a guess based on what I've seen happen in my own hometown. Two examples come to mind...a grocery store and a condo complex. In each case the ground was ready, the news was out that they were going to be built...funding was definitely not a problem...but in each case construction didn't begin for over a year. I don't have the slightest idea what took so long....I'm guessing it had to do with permits and/or engineering as the grocery store was being built on what had once been construed as wetlands...but then it was decided that it wasn't wetlands....and for the condo...I don't have a clue...but the point is....in each case it seemed to take forever for building to begin....but when construction finally did begin...they were up in no time.

Now PHGI hired that engineering firm in August and one of the things that the PR mentioned, I believe, was permits. I just figure it takes time to go through all the groundwork for construction to begin. That's my best guess.