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Sunday, January 03, 2010 5:35:15 PM
Now magically their promotion happened right at the same time as the press release about billions of dollars worth of wood, and said p.r. was based on nothing more than a coffee with the management of Rich Corp. where they expressed an interest in buying the Nicaraguan entity. No proposal, no offer, no LOI, no deal, just a coffee. Without a Reg D violation, how did they know of the PR to promote it?
I'd say that the insiders ("consultants" who are owed money and received stock, friendly Reg D investor, etc.) made $200-300k on the dump while the promoter made at least $50k.
Not bad for $1000 plane ticket and the price of some coffee.
Corey Ribotsky Downward Spiral NIR Group AJW board has moved to the NIR Board which is available for FREE users as well as paid subscribers. Bookmark the NIR Board to discuss: http://investorshub.advfn.com/boards/board.asp?board_id=11792
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