They named no companies.
They had 3 categories. Only 9 companies out of over 100 actually have operating businesses. 16 have no business but they do file SEC paperwork and maintain websites. And the rest have nada, zip, zilch, nunca.
It's amazing! How could that idiot turn over millions of dollars to these people? To say that their operations were "flimsy" would be a gross exaggeration. In many cases, there were no operations at all; it was more like a guy working out of his garage with a computer and calling it a company.
I've still got all Corey's quarterly letters with the glowing reports. You know, the funny thing is that he didn't name the companies either. He never did.
This recent update from the liquidators was emailed to all NIR investors, and that's how I got it.
It's truly a lost cause, and the the only thing that gives any faint hope is the prospect of suing the accounting firm or firms that backed his valuations. The problem is that even that takes money.
