Due to the slowing down of the economy in the middle of 2008, Corey Ribotsky’s advice was sought- after by Entrepreneur magazine on the issue of investing in PIPES, private investments in public equities. According to the July, 2008 issue of “Entrepreneur Magazine”, entitled “Terms of Endearment”, and transactions in PIPES have become more mainstream as the economy in general is slowing down. But Ribotsky, the managing member of The NIR Group advises caution when proceeding with investments of this genre.