Since the naysayers only posted what they wanted from yahoo message board,let me point out I didn't determine Nourtech was a real company by the fact their name was found on google search,but because of the investment report by a supposedly reputable company and why would anybody do an investment report and charge for it on a non-existent company? I didn't buy because I usually find these penny investment reports useless,and I have an accounting/economics degree summa cum laude.
If this is a scam,that would seem to make xplosive stocks.com and the usual business reporting services(which all-the ones I've seen-are reporting this story without any hint of a scam. What is the responsibility of these business news services and investment report companies re dd?
My main problem is that shorters blast any stock that attempts to make headway-promoting a cry wolf culture of fear based in the exasperating unwillingness or inability of penny investors to do due diligence,so the shorters control the penny market via their self interested fear tactics.
I'm still searching for Nourtechs stock symbol so more dd can be done on it in french and english-may be on European or Toronto exchange-can anybody find it?
The yahoo post said:
I don't personally know the SNRS people,so the bashers/shorters may be right in their usual culture of fear-claiming this is a scam(after a while it seems like all pennys are),but it seems odd that intelligent people would execute such a scam with all the attention they have created and the possible penalties.
There is an investment report(which I didn't buy yet) and announcement re the pending acquisition at the business site www.alacrastore.com, from which I copied the following:
Report title:
Nourtech Sarl acquires Sunrise Consulting Group Inc (pending)
from Thomson Financial Mergers & Acquisitions
published Jun 03, 2010
Price $36.00 available for immediate download
Report Overview
About Thomson Financial Mergers & Ac...
US - Nourtech Sarl of Drance planned to acquire the entire share capital of Sunrise Consulting Group Inc, a Newport Beach-based investment bank, for USD #. ### per share, or a total value of USD ##.### mil.
Acquirer: Nourtech Sarl
Acquirer Business Discription: Investment company
Acquirer SIC Code: 6799 - Investors, nec
Target Name: Sunrise Consulting Group Inc
Target Business Description: Investment bank
