NIR Group

[pdgood]

This dude deserves better.

Any posts on this topic I'm able to repost (undelete) on this board will get done. I'm not the DD go to guy on Itronics here but some of the others are. JJ? You got a take on this bro?

"Allan Shaffer says:
December 9, 2011 at 1:06 pm
Can you please look into the NIR payment arrangement with the Itronics settlement.
I think you’ll be startled at what you uncover.
In a nutshell, Itronics has been committing fraud on multiple levels. They agreed to settle with NIR for $8M+ payable in shares or cash. The company has zero cash yet they only added about $600k worth of shares to their outstanding share count since the May 4, 2011 payout commencement date. This means NIR is being paid in something other than just shares. It’s widely speculated that ITRO is grossly understating revenues and selling silver off the books to pay this settlement or some other nefarious scheme. Perhaps they have a deal with silver? Nobody knows for sure but I’d bet my bottom dollar that NIR is receiving dirty money from ITRO and may very well be complicit in the scheme. I’ve commented about this a few times on the NIR IHUB board but my posts keep getting deleted by the ITRO board moderators who are closely watching the NIR board. They complain to IHUB admin and had me banned from the site.
Nobody is talking about this ITRO arrangement but several of us have a strong feeling it’s important and just more ammunition against this POS. PLEASE look into it.
Thank you."