NIR Group

[Firsk]

Corey has posted account values through January 31, 2011

Actually, we received statements of account value, to the exact dollar, as of December 31, 2010. But, he then released January results, which came to a loss of 2.69% for the fund I'm in. So subtracting that percentage loss from my 2010 year-end figure, I have a dollar amount that represents what Corey says my account was worth as of January 31 of this year.

Of course, it says at the bottom: "This information is unaudited. These numbers are only estimates and are subject to change based on the auditors year-end audit."

Of course, there hasn't been a year-end audit since 07.

However, with so many law enforcement agencies looking at him, it would seem mighty reckless for Corey to posit wildly bogus numbers at this late date.

Anyway, I'd be interested to hear anyone's take on the likely discrepancy between Corey's numbers and the actual redemption checks that get sent to NIR investors at the end.