NNRF Inc (NNRI)

[GIBBER]

Your right - I now try to meet with management before investing. That is why I attend a lot of investment conferences to listen too and meet with the CEOs. As one investor told me at lunch at a Merriman, Curran Ford conference you have to do the 10 minute smell test. That is you have to listen to the CEO and smell him out to see if he is just a Bull shitt--- and is just looking out for himself. Companies that are willing to present usually are hardworking and have been vented by the investment house before being allowed to speak. This does not mean that they are 100% right at sorting out the scams but it helps. I should have met with this management team.It was a mistake. I think they are afraid to meet with shareholders and the public.
When I was down at IM he just had me sit behind him while he was watching his 3 computer sreens. I could not ask him questions he would yell at you if you asked a question. He is a strange guy but a good market timer and trader. I would never trust him on any stock he is promoting. He tried to get me to invest in BESN. No way.
Your right on a pk sheet the management usually controls the stock.But in this case they do not know for sure where all the shares are and who owns them.Richaard Wahl and his buddies have the shares all over the place. I still think they are concerned about where the shares are. A good management team knows where and who owns most of the shares.
These guys are so lost when it comes to a start up company.