Something is rotten. Time for some speculation here, but recent news reports match reality too closely for them to be merely coincidences. What I'm talking about are articles from the Sankei Shimbun posted by burleydude and PanicInducingGaijin in the forums that link Nova to some shady activities.
I saw the photo of the fax in the site Let7s Japan this afternoon.
There is a little more information i can give you.
A man called Nishida was arrested yesterday of comitting fraud in stock exchange.
He is assumed to have been the key person concerning the new stocks of NOVA.
His arrest may have meant that Sahashi's plans to get 6,400,000,000 yen from the Virgin islands are at an end.
PanicInducingGaijin's post fleshes things out a bit more:
This guy named Nishida has been arrested for stock manipulation,and there are now strong suspicions that he has been involved "in an attempt to raise funds for a different JASDAQ-listed company this month." (Any guesses as to what the name of that company might be?) This unnamed company "has been hit by scandal this year and seen its business suffer, with its share price at one point falling to just 15% of its 2007 high. The company has announced a massive injection of capital to take place this month in an opaque deal using two companies registered in the Virgin Islands."
Also, "Prior to his arrest on the 11th, Nishida was scheduled to meet with the president of the company in Tokyo."
Oh, and Nishida is reportedly involved with crime syndicates.
What the article reports sounds so much like the events surrounding Nova of late:
What is not clear to me is what the scam was that got Nishida arrested. Whatever is was, it certainly was not legal. It appears that he had a female friend in the companies in the Virgin Islands. He then approached investors at a firm called the Nishida group and talked up this company listed on the JASDAQ (presumably Nova) saying that it was going to receive a major cash injection in the near future. You get the feeling he was trying to pump the share price up and then dump the stock.
Are you starting to get the feeling that when all is said and done, Sahashi will end up behind bars?