Replies to post #2549 on Nymet Holdings Inc. (fka NYMH)

[seaghost]

Wouldn't there be 2 ways a company can sustain capital when there isn't any or very little income?
Thats to borrow the money and convert shares to CD's at an interest rate so you are paying for the money you are borrowing, or sell shares outright which dilutes the stock but your not paying interest on it, your not in debt, and you can recover later much faster by buying back shares. I think I would take the latter for now and hope a share buyback (a real one ) is in the future. Im not defending Astroms actions just trying to make logical sense of it. IMHO

I think patience is the key here, I don't think this can stay in the hole forever. This will be a tough one to wait for but I guess we all want to be money wise without paying any dues. LOL Myself included.

IMHO

GLTA

[creede]

Hey, anything is possible....but what's most probable? That's what trading stocks is all about....the edge of what is most probable....since we can never know for sure. Astrom could buy the whole float tomorrow, and we could see that $1.00....but is that "the edge" here?