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Replies to #6558 on NIR Group
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pdgood

01/01/14 8:36 PM

#6561 RE: suninthefun #6558

Gotta disagree Sun.

NIR didn't care what the CEO's thought or did unless there was a shortin deal. They simply took investor money. Washed it by contracting with pink sheet companys to get loan pmts in shares at a 70% discount. Then dumped those shares as fast as possible while CR's short buddies shorted into the massive dilution CR told em was comin. No need for CEO help. It was like free money to the CEO's. No way they'd turn that loan down. Why would they?