i read this on the Yahoo board, can somenone explane??
Re: NWTT New CEO?! 7-Jan-11 08:24 am "This is a non-newsworthy update".
How can this be "non-newsworthy"???
It involves 600 MILLION SHARES! 600 MILLION SHARES!
Do you see that? 600 MILLION SHARES!
This is HUGE. It MUST be NEWSWORTHY!!
"and NWTT management expects to finalize the merger within days"
Why would they call it non-newsworthy?
"Bermal Contracting returns 600 million shares to treasury"!
So, what happened to the Bermal acquisition? Is it cancelled?
After all of these months of pumping Bermal as a wonderful business, they cancel it??
What is going on here?
Oh, wait a minute, I get it!!
There wasn't a Bermal merger at all.
This is just another part of the razzle-dazzle magic shell game, where they make your money disappear.
Don't be duped!