InvestorsHub Logo
Followers 22
Posts 2743
Boards Moderated 1
Alias Born 03/06/2001

Re: Charleoi post# 3171

Wednesday, 01/18/2006 6:39:37 PM

Wednesday, January 18, 2006 6:39:37 PM

Post# of 29739
As to number 3), These terms appear to be generous to us NMKT shareholders. 8% is one of the best rates I have seen on a CD. Now shares at a .20 discount to prices that appear to be a bottom are a bit edgy, but Phil may have an explanation that will ease our minds. I would venture a guess that it has something to do with him protecting the company from scavenger death spiral type funding and unscrupulous trading practices that could send NMKT into the ground if these IBs and traders did not face some major stock conversion to the NMKT director's benefits.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.