NIR Group

[jonesieatl]

I have to agree with BSWB ...

... and I don't really think anyone who talks about these toxic financings is saying it's N/I/R's "fault" or Yorkville's "fault" , unless there is additional behind-the-scenes shorting going on.

"it would be better that many of these scams be forced to go bankrupt"

Agreed. But I don't think there's anyway to force that lol, it's America and anyone can start a business, run a business, and get any kind of financing they want to including hocking the company copy machine (or IP or all other assets) at a pawn shop , and anyone with the know-how and financial wherewithal can start a business which finances these struggling companies.

Thanks for pointing out Sargent's 'findings' , do you have a link to any documentation they provided on that or did they just report their general findings? In other words, did he provide anything like a summary of exhaustive research like I did in my iBox here? #board-9964

"This boards purpose is to enlighten those who care to take the time and learn the tactics of these predatory lenders."

BSWB nails it with that statement. That's also the point of the info provided in the iBox of the board linked to in my signature , the point being to illustrate/discuss the nearly total destruction of shareholder value after these financings ... which most likely has as much or more to do with bad business models and bad management as it does with the financing terms these bad models and execs are able to secure.

"main issue is with the CEO's of the public companies taking this kind of financing"

Of course.

In a discussion forum of this nature we may take the occasional conversational 'shortcuts' which make it sound like N/I/R or Yorkville are the issue , when in reality the issue is to show any interested readers what happens to shareholder value while company execs pay themselves handsomely via these financings with the complicity of BOD members.

"no one is forcing investors to buy stocks of these tiny companies"

Agreed. And no one here is forcing them not to.

Between just the N/I/R board and the Cornell/Yorkville board there are nearly 180 board-marking readers , of whom many say they have benefited from the information provided which has perhaps enabled them to make more educated selections amongst the thousands of otcbb/pinky companies out there.

That's my "agenda" , and I think it's also the "agenda" of BSWB and others who have similar educational boards out there.

Hopefully it's not too much of a stretch to entertain the possibility that there are at least a few of 'us' who seek only to educate and inform in an effort to help fellow investor/traders lose less money in the stock market by possibly avoiding the uphill and nearly un-winnable battle against toxic death spiral financings.

JMO and best of luck to you in the stock market , or with a hedge fund , or whatever your endeavors may be.

jonesie