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Thursday, January 15, 2009 6:00:51 PM
Also, If you ask ANY CEO what do they do all day, they're likely going to find the nature of the question offensive. From my understanding, Linda is on the phone DAILY with Roger Taylor and Barry Fludgate, CEO of NMTV. She is also responsible to make sure all the filings get done and she has. Her responsibilities also include analyzing candidates for mergers and acquisitions. This is THE ONE area which is labor intensive and time consuming where Linda's expertise will make the shareholders of AMHL and RTGV a great deal of money IMO. That is her background, her experience, and where her skills lend themselves to serve the shareholders best. The company is looking at NUMEROUS candidates for mergers and acquisitions. Likely in the double digits. That takes a great deal of time. I'm also quite appreciative that she has SIGNIFICANTLY enhanced shareholder value for RTGV Shareholders. Linda has many contacts in the business world and she will be instruemental in executing the exit strategy of NMTV. THAT is the BIG payoff for the INSIDERS are waiting for.
Regarding the filings, there is an enormous difference in the audit of a fully reporting company in play as I understand it. That is defined by having a Definative Agreement filed as an 8-K with the SEC. A BB shell, not in a filed Definative Agreement with the SEC, has a much less onerous audit. An auditor cannot sign off on an audit unless all the t's are crossed, so it is a big deal. In addition, Linda said last evening the 10-KSB was replaced by much more onerous rules. All of which made the annual audit much more labor intensive audit. Unless any of us has been in Linda's shoes where we've been fully in charge of a BB Shell with a Definative Agreement with a Private Company completing an Annual Audit, then we cannot possibly understand all the rules & regs involved.
When this is ready to close and the Press starts flowing, folks will flock to jump in to make a quick buck. Some will be longs looking to make a big buck. They won't care how long it took to close. They'll only care about making money. That you can take to the bank.
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