Ann: BFS Update, page-18

completely agree regarding fundamentals.

the frustration here is the perception of management and the way information has been communicated to
the market, which may result in an aggressive retrace, NRZ is still dependent on cap raising to continue operations, cap raising at .12c instead of .30 is what’s frustrating. It dilutes shareholder value, and appears (from the information available) that this is a result of how management decided to communicate information. Market could knee jerk to .13c next week… it may also hold, but if long term believers are frustrated then you can bet spec investors will be very nervous.