March09: >>I don't understand why there is hostility to my raising questions about the accounts; they are honestly held opinions and arose from my review of the company's draft financial statement; I referred to the pages and notes to the financial statements and gave my opinion on them;<<
March, thank you for your analysis of the NBS accounts.
You should not be put off because one or two misguided holders can’t hack reading solid research and tough questions to the way the numbers were presented.
If they at NBS are indeed exercising accounting gymnastic let’s see someone like you flush it out.
You have good accounting skills Peter and you have already done the work on the accounts.
I for one really wish you would call (or e-mail) Peter Dykes and ask those very valid questions.
I note that you are out, but you bought only earlier this month - you must have bought NBS stock for a reason ?
If PD could give you a good, and in your mind a trustworthy explanation to the account questions, would you re-enter the stock ?
All the best.
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