NBS 0.00% 9.9¢ nationwide building society.

Ann: Nexbis to IPO TrustDefender , page-10

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  1. 5,583 Posts.
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    There's plenty of evidence to support TBE's supposed "speculation".

    If it was from the director's own money, then surely the director would have had to make that money...
    Going through NBS's Profit & Loss statements, I don't see any money flowing in...
    If NBS hasn't been in the profit then the director could not have made money through his company.

    I did go through the Annual Report though, and I see that the directors have been compensated and been paid bonuses from shareholder's money...

    ... uh-oh, simply, the directors have been using shareholders money to buy stock, for some reason some shareholders exemplified by ABK and Behne are made happy that the directors have bought stock. In their delight, ABK and Behne will pump more money into the company at the next capital raising.

    ... Ummmm... sound like a swindle anyone?

 
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