Ann: Nexbis to IPO TrustDefender , page-11

It's interesting to see a new group of NBS optimists now posting on HC. The NBS history is too complex to go over all of it in a short post, but we should not forget that the board of NBS has real form, serious form in numerous optimistic announcements and unfulfilled promises.

Apart from day traders, who could have been making a % return on the recent prices between 7 and 10c, and the directors with their remuneration, no real money has been generated for NBS shareholders; a business cannot survive on promises alone.

Several capital raisings later and we are still reading vague statements of contracts and deals which have been or are about to be signed; I see that the Malaysian contract is back on the agenda again; it never was a legal contract, just a sales presentation which might lead to a contract, and that sums up the history and style of NBS:

communications which are interpreted as genuine business transactions. It would not hurt the optimists if they could examine past announcements and let us know which of the many deals and contracts announced over the past 3 years were actually real. Day traders on the sp of the company may not have that interest, but some should.