Replies to post #29586 on Nymet Holdings Inc. (fka NYMH)

[AL BUNDY]

Nope wrong again, But Still Shorts, is not selling shares how a company generates money to build? But you never answered, the question, Since you were PAID as an IR person by PHGI (I have copies of the checks) and held Preferred shares, I have the copy of the forms sent to the SEC, what is your take on this company? and how they diluted the stock? Please I await your reply

25.
In written communications, Rahimi revealed that the real purpose of Gendarme’s stock acquisitions was to quickly sell the shares. In negotiating a possible investment in one company, Rahimi represented to the company’s CEO that Gendarme would “try to find a life in your stock” and “help get the stock trading.” He also told the CEO that “if your stock starts trading with our help, you will have a liquid stock on your hands.” Once Gendarme acquired the shares at a 50% discount to the market price, it began selling them the next day. Within four months, Gendarme sold all of the company’s shares for a profit.