Replies to post #43493 on DD Support Board and Research Team

[janice shell]

That's NWYT, and for some reason the name "New York Tutor" rings a bell. But I don't know why...

Just took a very quick look at the filings, and they don't give me the warm fuzzes. Change of control on 2 April; the new control person, Andrew Stone (also the only officer and director), got himself nearly 90% of the company for a mere $18,000. By 23 April, he'd somehow dumped a a lot of it; now he only has 52.6%...

http://www.otcmarkets.com/stock/NWYT/filings

Where'd the rest of it go? On 22 April, the company entered into an agreement to purchase the Botswana claims. But there's no mention I can find (I confess I haven't looked closely) to payment in stock.

Inadequate disclosure?

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9232582