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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Post by goofenoffon Jun 06, 2015 10:02am
172 Views
Post# 23803485

NRT out ........

NRT out ........Unless NRT releases a rabbit out of a hat NRT is bankrupt.
There is no money to fulfill the agreements to keep properties in good standing. He can not approach Azure or Flinders or any other entity to provide unlimited founds for properties NRT and its directors do nothing with. It is clearly simpler for interested parties to out wait him by a few month and procure the properties from the vendors directly. Flinders put mgmt. in dream mode out of which it has not awakened. The consolidation of shares was a knee jerk reaction while NRT continues to be in a coma. NRT's directors/advisers are quitting because of the inaction of certain mgmt members. NRT is unable to beg or borrow at this stage due to nonperformance and last ditch production equipment sales in the past. How can anyone have faith here? 
My shares are virtually worthless now and not worthwhile trading unless the rabbit appears. Looks like I will go down with the sinking ship soon. My computer is playing funeral music.
Sorry about the facts. I wish this post could be upbeat.
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