Once again the language of the 10Q was put into the filing by company attorneys, who viewed the signing of the funding package as a material event. So the deal has been agreed to by both parties and signed. But the funds have not been delivered yet. Brad Ketch explained this the day after the 10Q came out.
NVEI's management did not want to mention this information in the 10Q and it was the corporate attorneys that insisted it be included. If NVEI's intention was to dupe you they could have issued a sexy PR, they could have fanned the news among shareholders or done several other things to pump this thing. That was not their intention. On the contrary, the day immediately after the 10Q came out Brad Ketch was quick to explain in the RAQ that while the deal was signed (and looks good) that the funds have yet to be delivered.
You are a joke! You claim to have been ... duped again. this loan money is not in the bank ...i bought big yesterday. . Did you miss the RAQ of 3/18( the day before you "bought big") where the situation with the loan was explained? Why don't you stay over at RB where your style fits in well.
MWL: If that is the case (and I repeat IF), then you are absolutely correct this thing will tank big time. Investors are too tired of the past games and they are much more cautions now. My guess would be if we don't hear anything within a few weeks it will be safe to assume that the 6 Mill deal has fallen apart. I mean how long could it take to take care of all of the research and administrative work...
I rarely post, but MWL, your posting is completely ludicrous. I know for a fact you did not "buy big" yesterday. Please take your lies elsewhere.
Spokes, I completely understand where you are coming from, but I don't believe for a second that NV tried to intentionally mislead us. Otherwise, they wouldn't have immedietely come out with a clarification. Anyway, sounds like there is a good chance it all works out. Have a good day.
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