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Re: makeabuck1 post# 5983

Monday, 01/24/2011 3:20:32 PM

Monday, January 24, 2011 3:20:32 PM

Post# of 9965
Makeabuck,

Unfortunately that is 100% true.

Philip Verges and family are the ones who have been running this stuff. NWMT just coming off of another R/S after pumping their undervalued price through prime equity is the parent company to all his companies.

His latest pump operation is the WSGF. World Series of Golf. I am not a gambler but some who are have looked at it and say the rake is totally out there in left field. Which would reenforce my thinking that they are just setting up companies to funnel money back to their private companies through debt to equity service agreements.
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