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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: briles who wrote (5713)	6/27/1999 9:50:00 PM
From: DebtBomb	Read Replies (1) \| Respond to of 16809

Does anyone view the family members as business owners of NPLS a negative?

To: briles who wrote (5713)	6/27/1999 10:01:00 PM
From: ChopChop99	Read Replies (1) \| Respond to of 16809

Where'd you find that info, Briles? I also found... ...this little tidbit under the "Certain Transactions" section: Our office space in Quincy, Massachusetts is leased from a trust, the beneficiaries of which are our principal stockholders. We make monthly rental and condominium fee payments to the trust of $71,000. We paid $212,000 to the trust in the first quarter of 1999, $808,000 in 1998, $680,000 in 1997 and $644,000 in 1996. We believe that the terms of this lease are no less favorable to us than could be obtained in an arms' length transaction. Anybody on here from Quincy? I'm really curious as to what kind of office space in Quincy is bringing $71K a month. Oops, take off the rent for the condo. The office space isn't quite $71K monthly. I'm also curious as to how the condo that this unprofitable company rents from the CEO and Chairman (the principal stockholders) is gonna benefit the shareholders?