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merlyn

09/20/05 12:57 PM

#168299 RE: islandboyz #168282

island and cabo: Rick said the letter on the site, but yes, it would make sense that he was referring to this PR. Even here though, there is wiggle room. How do we know the dilution didn't take place BEFORE the deal was finished? You can bet that this NTI purchase didn't spring up over night (although Katrina may have accelerated it). In addition, doesn't 5 million in private funding strike anyone as odd? What did the private funder get in return? Care to take a guess? I'd bet this is one (of many) reasons for the audit hold up.