Replies to post #24049 on Nymet Holdings Inc. (fka NYMH)

[jhstew1]

Thanks for the summary Sands...eom

[John 19-35]

That was a great job and thanks to all for the info and your time. Good luck.

[Around The Block]

Bravo Sands, I take back everything I ever said or thought of you. Thank you for that info.

[johndoeA]

Thanks Shorts:

So to sum it up.

BioFuel - there is no current feedstock that they can currently use and make a profit.

Gold - they were not familiar with the regs and permits to get going and having to work on a 45 degree slope makes all this harder.

If your recolection of his answer is accurate that he said "he can't get an audit until there is revenue" would be a not truthful answer. He doesn't want to do it because he does not want the information available.

So for all the flag waving etc, they do not have a business plan that they know how to execute and make a profit.

Did I miss something? Let me know.

[pdxcentric2]

"He simply can't understand why it is so low."

>> I figured he'd say something like this because it's very possible he has no idea ... because someone else is doing the evil.


"Johns answer was IMMEDIATELY? He then asked if so then could he give a specific target date? Johns responce was that he could not do that?"

>> Wow! PHGI's project mgmt team must really be on the ball. Who in the heck doesn't have a project date of completion?! what a joke ...

[juanly]

Shorts,

Great summary...Just one personal clarification...No, I am not satisfied with the long delays...and am most certainly not satisfied with the share price...but the call did answer for me one question that I had....were they moving forward or were they about to give up?

I think it became crystal clear throughout the call that giving up was not an option, and that they were moving forward on all counts. So, I thought, well maybe there is hope for my shares after all.

I did buy a few more shares yesterday, just because...why not?
It's only money. LOL! But I figure if they ever do pull this thing off and if it ever reaches .01 again, I will be a very happy camper! If they don't, then next year I'll have a nicer tax write-off....and I'll need one to cover the gains that I've been making elsewhere.

But I really, really hope that they make it!!!! There have been so many of us who have been rooting for them for so long.
I'd like to see just once the downtrodden guys win.