Admiralty Holding (fka ADMH)

[chrisfromalbany]

True..

I am in the hole already but going to be honest with the current state of the company. This NIR funding is key and ADMH MG were saying that it was in the mail for awhile now. Now I see talk it isn't coming. Makes sense being NIR is in the penny market as hedge fund and times are rough. No one isn't going to want to buy this stock until there is an update. ie.. MG executes on there promises. I believe has more to do with NIR and MG pulling this one off then PPS or current investors. I don't know if ADMH didn't live up to certain goals NIR set before giving more money or NIR just run out of gas. We may never know.

This week I got assurances from MG that funding from NIR was going to come in the form of a PR. This was first time I got such a strong promise about something good happening. Surely not a good sign that didn't get a PR this week or DOMS dilution on Friday.