Inergetics Inc (fka NRTI)

[crookedneck]

Wrong! The real factual DD on NRTI shows that at the beginning of this year the CEO, Mr. James, restructured their debt, which is where the bulk of this increase came from. Mr. James has a proven track record as financial expert and employed as the CFO for some large corporations on the bigger boards in the past with an impeccable record.

You failed to mention that he masterfully relocated the company across the river to New Jersey to take advantage of over $5 million in tax credits in which they have already received $2.2 Million last year and now awaiting an announcement on whether they will receive the balance of $3 million this year. This money went to support the company in many areas without the need for any additional dilution. The small amount of dilution seen each quarter is only the interest they have to pay out on the restructured debt.

Mr. James took over a company that continued to rack up debt year after year without producing a fraction of the revenue to sustain the company. Now he is proving that he can turn this company around, despite the huge debt he was saddled with by past management. This isn't something you can get done overnight, as it takes time and careful planning to get it done. To date the new management team, led by Mr. James is proving what they can accomplish to get this done.

This is as they say, "is the rest of the story", with ALL the factual data to support it!

Cheers!