Replies to post #19100 on Nymet Holdings Inc. (fka NYMH)

[avdave]

Yes, financial reporting documents would be interseting, to say the least.

I'd be interested in seeing names, dates, and terms of the 11 "accredited investors" that were referred to in the Septemberish PR.

Also, the dates of the $600K note, and see how that corresponds to the dates of the many PR's that touted the radio stations as being a substantial DEBT FREE assets to the shareholders.

But, there does currently exist plenty of "related entities" (including 1 that actually has a ticker symbol, but is conveniently enough, alas, non reporting) that a financial reporting shell game can extend the charade for at least 12-18 months. After that, I would imagine it would take another 24-36 months to go through the lengthy process of an investigation, indictment, and conviction. Add another 12-18 months for appeals. I don't think Beebe's daughter will have to explain to her classmates why her dad is in jail until at least the fourth grade. But elementary school students are known to be sympathetic and compassionate, so it should be all good.

GLTYA