NIR Group

[hedgeman]

BSWB,

I counted on your board at least 85 filings where NIR is listed with the SEC. So they are obviously quite well known to the SEC. About a year ago the SEC cracked down on PIPE players who were illegally shorting. I did not see NIR mentioned as one of those Funds illegally shorting. So the question remains how can a Fund this size who most of their deals are publically filed be doing something illegal. And since when is the PIPE structure illegal. (Besides for shorting which the SEC has cracked down on.) So to me the question remains if everything is public knowledge and no one is forcing investors to buy stocks of these tiny companies who are obviously strapped for cash and would go bankrupt with out these PIPE investments then what is your beef and agenda against NIR or Yorkville. (or any of the other large hedge funds in the PIPES space.)

Reading your reply to my first message it would seem that your main issue is with the CEO's of the public companies taking this kind of financing not with the lenders who are helping these companies stay afloat and saving shareholder value from being wiped out.

I just don't get your agenda.