NMT Medical Inc.(fka NMTI)

[trader53]

B-Money, Here is what I've been able to find, in answer to your questions.




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In April they filed 4 Confidential treatment orders


there existing cash resources were not sufficient to fund business plans, as currently constituted, beyond the fourth quarter of 2010?

A: ORDER GRANTING CONFIDENTIAL TREATMENT

http://quotemedia.10kwizard.com/cgi/image?repo=tenk&ipage=7493141&action=PDF&doc=1

A: NOTIFICATION OF LATE FILING

As we reported in our quarterly filing on Form 10-Q for the quarter ended September 30, 2010, our existing cash resources were not sufficient to fund our business plans, as currently constituted, beyond the fourth quarter of 2010.

In response to this liquidity issue, the Company has streamlined its operations and significantly curtailed expenses while, at the same time, seeking sources of capital through potential debt and equity financings and/or strategic transactions including the potential sale of the Company.

The Company to date has not been able to raise additional debt or equity capital and has continued to explore its strategic options.

Although the Company's outside auditors commenced its audit with respect to the year ended December 31, 2010, the completion of the audit was postponed by us. The Company does not anticipate its outside auditors to complete the audit for the year ended December 31, 2010 unless deemed prudent by the Company to do so in light of the Company's strategic options. There can be no assurance that a strategic transaction will be consummated or that the Company will be able to engage an auditor of its financial statements for the year ended December 31, 2010.

http://app.quotemedia.com/quotetools/showFiling.go?webmasterId=101187&name=NMT%20MEDICAL%20INC:%20NT%2010-K,%20Sub-Doc%201,%20Page%201&link=http%3A//quotemedia.10kwizard.com/filing.xml%3Frid%3D23%26ipage%3D7518103%26DSEQ%3D1%26SQDESC%3DSECTION_BODY%26doc%3D1&cp=on


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Q: You think they have loan in place?
A: I don't know


Q: Any luck verifying actual SS? As of November 5, 2010, there were 16,020,069 OS could not verify A/S?

A: Shares Outstanding = 16,020,069 as of Nov 05, 2010

http://www.otcmarkets.com/stock/NMTI/company-info

http://www.investorpoint.com/stock/NMTI-NMT%20Medical%20Inc./