MrV
MrV
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November 19th, 2015 at 9:06:24 PM permalink
NTGL just lost more than half its value in one day!

What the heck is going on over there, anyway?

Went from .0215 to .016!

So much for enjoying my golden years someday: guess I'll have to become a Wal-Mart greeter instead of eyeing the ladies while sipping espresso on the Riviera.

Another dream dashed.
"What, me worry?"
Ibeatyouraces
Ibeatyouraces
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November 19th, 2015 at 9:13:14 PM permalink
How much are you down? 11¢ :-)
DUHHIIIIIIIII HEARD THAT!
MrV
MrV
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November 19th, 2015 at 10:28:40 PM permalink
I bought FIVE THOUSAND shares.

The horror.
"What, me worry?"
rxwine
rxwine
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November 19th, 2015 at 10:41:52 PM permalink
Now's your chance. Buy low!
There's no secret. Just know what you're talking about before you open your mouth.
MrV
MrV
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November 19th, 2015 at 10:49:15 PM permalink
Nothing like watching an elevator cable snap and take a car load of occupants screaming to their death.

NTEK lost 95% since I bought it.

NTGL lost more than one half its value in one day today.

Yikes.

So much for the public's faith in their current video and gaming offerings.

Reboot and start over: papa needs new shoes.
"What, me worry?"
AxelWolf
AxelWolf
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November 19th, 2015 at 11:04:54 PM permalink
Quote: rxwine

Now's your chance. Buy low!

Hhhhh!!! I'm seriously tempted.
-----------------------------------------------------------------------------------
Mr. V want to sell me some?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
EvenBob
EvenBob
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November 19th, 2015 at 11:29:39 PM permalink
Quote: MrV

Nothing like watching an elevator cable snap and take a car load of occupants screaming to their death.

NTEK lost 95% since I bought it.
.



You're a lawyer, what does this mean.


http://www.scribd.com/doc/290436169/K2-v-NTEK
"It's not called gambling if the math is on your side."
Kentry
Kentry
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November 20th, 2015 at 1:09:00 AM permalink
Oh my God. :O :O I feel so much sympathy for you. :O
rxwine
rxwine
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November 20th, 2015 at 1:18:59 AM permalink
Quote: EvenBob

You're a lawyer, what does this mean.


http://www.scribd.com/doc/290436169/K2-v-NTEK



I take that back. Sell!
There's no secret. Just know what you're talking about before you open your mouth.
rainman
rainman
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November 20th, 2015 at 1:42:18 AM permalink
Quote: EvenBob

You're a lawyer, what does this mean.


http://www.scribd.com/doc/290436169/K2-v-NTEK



K2 is alleging it didn't receive full compensation per contracts for services it rendered to NTEK.
AxelWolf
AxelWolf
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November 20th, 2015 at 2:24:10 AM permalink
Quote: EvenBob

You're a lawyer, what does this mean.


http://www.scribd.com/doc/290436169/K2-v-NTEK

I briefly looked at it. Thanks it was Interesting.

K2 Communications is a leading edge production and distribution organization specializing in emerging non-traditional media programming, including Giant Screen Films for both large format and digital theaters, Video on Demand, Interactive Media, branded content and High Definition television and DVD. K2 has extensive experience supervising large-scale entertainment projects from concept to completion, and an impressive track record securing corporate sponsorship for its projects. http://www.k2communications.com/about.php?mainID=about

K2 entered into a significant contract working with NTE in 2014 agreement states a minimum of 2,500 per title per month 50% cash and 50% stock locked in at $5.24 a share.(oops)

K2 believes they are owed over 1 million dollars. 610k in cash and stock.

K2 names Aron Taylor as an acting agent of NTE as a defendant along with others .

K2 claims Taylor knew about and held back important information regarding former CEO/ CO founder David Foley's federal indictment involving mail fraud, wire fraud, and conspiracy to commit bank fraud(he plead guilty) K2 said Had they known this information they would've never signed the contract.

K2 claims that Taylor made very confident claims about Being financially strong with a solid business plan including confidants in their stock.
K2 claims that NTE knew or should've known the couldn't pay monthly and other guarantees but sounded confident they could during particular conversation.

Words like intent to induce and did induced, withheld, omitted, exploited and misrepresentation were used


K2 claims that NTE didn't provide monthly company reports as agreed to in the contract.

I don't know anything about business contracts and I haven't heard NTE's side, however from what that complaint looks like, it sounds like they have a legitimate complaint and some proof.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Boz
Boz
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November 20th, 2015 at 4:17:34 AM permalink
Remember dollar cost averaging is a great way to get more shares at a lower cost and lower the overall cost of your investment.

Naturally all of this assumes the shares actually go UP in the future.

So, never mind, move on and forget anything I said.
rsactuary
rsactuary
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November 20th, 2015 at 4:44:06 AM permalink
Quote: AxelWolf

I briefly looked at it. Thanks it was Interesting.

K2 Communications is a leading edge production and distribution organization specializing in emerging non-traditional media programming, including Giant Screen Films for both large format and digital theaters, Video on Demand, Interactive Media, branded content and High Definition television and DVD. K2 has extensive experience supervising large-scale entertainment projects from concept to completion, and an impressive track record securing corporate sponsorship for its projects. http://www.k2communications.com/about.php?mainID=about

K2 entered into a significant contract working with NTE in 2014 agreement states a minimum of 2,500 per title per month 50% cash and 50% stock locked in at $5.24 a share.(oops)

K2 believes they are owed over 1 million dollars. 610k in cash and stock.

K2 names Aron Taylor as an acting agent of NTE as a defendant along with others .

K2 claims Taylor knew about and held back important information regarding former CEO/ CO founder David Foley's federal indictment involving mail fraud, wire fraud, and conspiracy to commit bank fraud(he plead guilty) K2 said Had they known this information they would've never signed the contract.

K2 claims that Taylor made very confident claims about Being financially strong with a solid business plan including confidants in their stock.
K2 claims that NTE knew or should've known the couldn't pay monthly and other guarantees but sounded confident they could during particular conversation.

Words like intent to induce and did induced, withheld, omitted, exploited and misrepresentation were used


K2 claims that NTE didn't provide monthly company reports as agreed to in the contract.

I don't know anything about business contracts and I haven't heard NTE's side, however from what that complaint looks like, it sounds like they have a legitimate complaint and some proof.



Just scanned this, but it appears K2 did no due diligence?
zoobrew
zoobrew
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November 20th, 2015 at 5:31:13 AM permalink
You could be this sorry guy. He shorted KBIO and overnight the company went from shutting down to being bought out for close to 6 times its previous day's price. Personally I would let him rot, as all this is doing is teach people to bet big and if you win you keep the riches and if you lose let other people pay. Who said that 2008 couldn't repeat itself.


Trader calls off appeal for help with $106,445.56 E-Trade debt
http://www.marketwatch.com/story/trader-calls-off-appeal-for-help-with-10644556-e-trade-debt-2015-11-20?siteid=yhoof2
100xOdds
100xOdds
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November 20th, 2015 at 6:37:26 AM permalink
Quote: MrV

I bought FIVE THOUSAND shares.

The horror.


just checked my acct for ntek.
my stop sell didnt go off last year?!

it was supposed to sell at $0.12.
damn it!
now it's at .012 or something ridiculous like that.

i could have been eating steak. now i have to dumpster dive.
/wrists

(i own 500 shares)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dean
Dean
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November 20th, 2015 at 6:51:12 AM permalink
How much was each share? For example, 5000 shares at only 10 cents a share is only $500 down,(Many gamblers lose more than twice that in a single day) but paying say $20 a share is some serious losses, adding up to a $100,000 loss.
Really, dude, you tried to buy a flat screen TV for only $3.99? Get out of here, you scam, con arist!
Zcore13
Zcore13
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November 20th, 2015 at 6:58:03 AM permalink
I heard that somehow the fellon that is in prison that runs the whole Nano farce was issuing 43 million shares between March and June.

I'm a NTEK stock holder and it looks like I've been duped just like all investors and some of the employees under these criminals.


ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
wellwellwell
wellwellwell
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November 20th, 2015 at 7:12:28 AM permalink
What about the almost 600,000,000 shares issued to Royal Capital Group by NTEK from March through September?

Who is the principal in this Royal Capital Group? The company won't say. The investor relations guy won't say. In fact whenever one of the loyal followers over on the NTEK Investors Facebook page asks he deletes or ignores their post.

It will be interesting to see if NTGL ever releases their 9/30 financial statements if they too are issuing shares to this Royal Capital Group.

Edited: Shortly after this post the NTEK investor relations guy on the NTEK investors Facebook page made an attempt to explain the Royal Capital Group transactions. He did not say though who the principal(s) of Royal are nor did he explain why the financial statements issued by NTEK do not support the issuance of this many shares.
MrV
MrV
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November 20th, 2015 at 8:00:55 AM permalink
Quote: Dean

How much was each share? For example, 5000 shares at only 10 cents a share is only $500 down,(Many gamblers lose more than twice that in a single day) but paying say $20 a share is some serious losses, adding up to a $100,000 loss.



I paid about one hundred dollars each for my two blocks of shares.

Heck, for that kind of money I could have gotten six or seven haircuts for each block.

No, I'm not really close to ruin, that was just a title tease: the loss of two hundred dollars will not cause me to jump out of a window.

This shows how penny stocks truly are the Wild West of America, where Caveat Emptor is the mantra.

I bought hoping to make a profit, obviously, but also for fun, to see what unfolds, to"have skin in the game."

I hope the company survives its current plunge into the financial abyss: not just for my sake, but also for the sake of any employees who may have taken a job offer with the company based on seemingly generous stock options or other corporate performance-related inducements.

Life really can be a gamble.
"What, me worry?"
MrV
MrV
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November 20th, 2015 at 8:05:37 AM permalink
Just checked the ticker, at this time NTGL is soaring up, over 79%!

Crazy, just crazy.

*grabs popcorn, buckles seat belt*
"What, me worry?"
Joeman
Joeman
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November 20th, 2015 at 8:08:45 AM permalink
You should have Martingaled right before close yesterday! ;)
"Dealer has 'rock'... Pay 'paper!'"
DRich
DRich
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November 20th, 2015 at 10:01:04 AM permalink
I like Aaron but how does anybody invest in a public company that isn't disclosing financials? I'm pretty sure that is a requirement for public companies. It also scares me when a company keeps issuing stock to raise cash.

I worked for a gaming company that's stock went from 2.9 cents to 48 cents, and then back to 0. Penny stock companies are unpredictable because they have no cash and most of the company decisions are out of desperation.
.
At my age, a "Life In Prison" sentence is not much of a deterrent.
AxelWolf
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November 20th, 2015 at 10:19:29 AM permalink
Quote: rsactuary

Just scanned this, but it appears K2 did no due diligence?

Good point.

I didn't read all the details nor do i have a proper timeline. I'm not sure what information was public knowledge regarding David Foley. I assumed they didn't think he was going to plead guilty?

If you're not getting reports as promised why keep moving forward?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Boz
Boz
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November 20th, 2015 at 10:22:11 AM permalink
I'm betting there is someone who wants to comment, but cannot because of SEC Regulations.

I know we discuss this company because we know so much about them and have valuable opinions on their product offering, but they are just another penny stock. These swings happen everyday with these stocks and in many cases they are fronts for fraud. Sometimes by the actual company and other times by crooks who pump and dump them.
EvenBob
EvenBob
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November 20th, 2015 at 10:59:18 AM permalink
This is where the action is, 300 posts yesterday
after the news of the lawsuit broke. Headed
that way again today. Scroll all the way to
the bottom to read the message board.

http://investorshub.advfn.com/NanoTech-Entertainment-Inc-NTEK-24538/
"It's not called gambling if the math is on your side."
Wizard
Administrator
Wizard
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November 20th, 2015 at 1:06:11 PM permalink
How much would it cost to buy 1% of the company?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Zcore13
Zcore13
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November 20th, 2015 at 1:08:35 PM permalink
Quote: Wizard

How much would it cost to buy 1% of the company?



$15 and Starbucks mug.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
wellwellwell
wellwellwell
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November 20th, 2015 at 1:10:03 PM permalink
Quote: Wizard

How much would it cost to buy 1% of the company?



NTEK or NTGL?

And why would you want to?
DRich
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November 20th, 2015 at 1:15:35 PM permalink
Quote: Wizard

How much would it cost to buy 1% of the company?



Market value of NTEK according to Yahoo is $9.9 million.

I believe NTEK has issued more shares of common stock than Google.
At my age, a "Life In Prison" sentence is not much of a deterrent.
EvenBob
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November 20th, 2015 at 1:29:06 PM permalink
At the closing bell 5000 shares of NanoTech
was worth $37.50, yeehaw..
"It's not called gambling if the math is on your side."
Wizard
Administrator
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November 20th, 2015 at 1:36:48 PM permalink
Quote: DRich

Market value of NTEK according to Yahoo is $9.9 million.

I believe NTEK has issued more shares of common stock than Google.



Quote: EvenBob

At the closing bell 5000 shares of NanoTech
was worth $37.50, yeehaw..



If both these statements are true, then it would mean there are 1.32 billion shares.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
wellwellwell
wellwellwell
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November 20th, 2015 at 1:38:40 PM permalink
Quote: Wizard

If both these statements are true, then it would mean there are 1.32 billion shares.



As of 11/3 NTEK had 1.566 billion outstanding.

http://www.otcmarkets.com/stock/NTEK/profile
Zcore13
Zcore13
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November 20th, 2015 at 1:40:27 PM permalink
Quote: wellwellwell

As of 11/3 NTEK had 1.566 billion outstanding.

http://www.otcmarkets.com/stock/NTEK/profile



Wait a few days. They'll isue more to the dude in prison and rhat number will go up.


ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
AxelWolf
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November 20th, 2015 at 2:47:53 PM permalink
I know people have issues with Ahigh's personality, but I hope no one is rooting for him or his company to fail just to say I told you so. If you're finding joy in others RL misery you really need to look at yourself, especially if you haven't even ever meet the guy.

Without all the sarcasm can someone explain what does all this means for the gaming side of their company?

How bad is it, are they closing the doors soon?

can they just keep getting investors?

Sell the company?, would Ahigh have to go with the company ? Is there any value?

I think Ahigh said IGT was interested in their technology or something like that.

I assume Ahigh isn't commenting because either he can't or is to depressed or involved with whatever.

What are their options at this point?

Do they have the cash to settle the lawsuit?

Ps. Anyone interested in good value gaming, you really want to see Ahigh's games do well.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
MrV
MrV
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November 20th, 2015 at 2:50:22 PM permalink
Penny stocks of today are akin to the gold mine stocks of the 1800's; occasionally you strike the mother lode, but usually you just get the shaft.
"What, me worry?"
Face
Administrator
Face
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November 20th, 2015 at 3:59:34 PM permalink
Quote: EvenBob

This is where the action is, 300 posts yesterday
after the news of the lawsuit broke. Headed
that way again today. Scroll all the way to
the bottom to read the message board.

http://investorshub.advfn.com/NanoTech-Entertainment-Inc-NTEK-24538/



Jesus, Magellan. How in seven hells did you navigate that disaster? I had to stop after the second seizure...
The opinions of this moderator are for entertainment purposes only.
wellwellwell
wellwellwell
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November 21st, 2015 at 6:07:56 AM permalink
Quote: wellwellwell



It will be interesting to see if NTGL ever releases their 9/30 financial statements if they too are issuing shares to this Royal Capital Group.



The person responsible for posting the 9/30 statements might want to try again...

http://www.otcmarkets.com/financialReportViewer?symbol=NTGL&id=147502
Dicenor33
Dicenor33
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November 21st, 2015 at 7:15:46 AM permalink
Before anyone invests in a company, shouldn't he asks of a niche for the product? I can't even an empty spot on a floor, forget about any other slots.
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