NTEK / NTGL
Quote: WizardI know ahigh pretty well. Those two recent interview videos I did were done at his house. There were some jokes made about his backyard umbrella.
My point is that ahigh truly believed in the product the company made. He did an outstanding job on it in terms of the realism of capturing pinball in a fully electronic game. Maybe the business plan wasn't the best, but I assure you that ahigh wasn't in on any fraud but truly believed the company was at the forefront of the next big thing in gambling. Anyway, that's my two cents on it.
People can put up great facades for years. Just look at all the double lives that hit the news all the time. I can't just set aside the fact that ahigh himself worked closely wth foley all those years and is a complete oblivious idiot about those around him? No one is that blinded by his work. No one.
How many times did you see behind the scenes where ahigh didn't prepare things for display? 3, 4 times?
Also, I'm sorry to point this out, but there are boatloads of pin ball software out there. Been out for years. There's a reason ahigh's -invention?- didn't get anywhere... It's called copyrights and intellectual property. And stealing it is something I think ahigh is intimately knowledgeable (not saying ahigh stole) about thanks to foley. There's just too much data out there that contradicts the nice guy persona. A lot of it is by ahigh himself, that he deleted on a regular basis.
I know about the machines, I also know none of it is original. Even the so called patent is a addendum of previous formulas and schema.
Whatever you believe is your business and I have nothing to say about that. My opinion is ahigh schooled a lot of people with foleys blessing. And now ahigh is a 40 something homeless guy taking pictures of skateboards. He's got no one to blame but himself.
Quote: SOOPOOIf you have proof of criminal behavior committed by Ahigh, please share it with us. As far as knowingly associating with someone who has a criminal record, well, should ex cons not be allowed to pursue business enterprises?
Summary--- you invested in a HIGHLY speculative penny stock (so did I) and it is now worthless.
I know Ahigh. I was at the NTGL office. I can assure you that they had a product, had an idea, had a plan for making it work. Unfortunately, it failed. The same can be said for any number of penny stocks that eventually go bankrupt.
That never proves anything. I was at fitx offices. I walked through the vitamin store a few times. Where are they now. Found out recently that the vitimin store had nothing in the back rooms. All out in front for the show.
Ntgl early on faked pictures about the games, and did press releases about being bigger than they were. Nothing wrong with promoting yourself as the next great thing, but you'd better be where you claim to be or have what you have. Ntgl and ntek lied too many times to be taken seriously or professionally. If foley gets litigated for the more recent stock and ntgl dealings, you'll probably have the proof about ahigh you feel you need.
Quote: Skeptic"NTEK still has a market cap of 4.47 million. NTGL of $908,303."
How? NTEK has at least 2 billion shares outstanding now and the price is .004 at the moment. That's approx $8 million market cap. We don't really know the outstanding at NTGL because they decided not to report last quarter.
The tickers will trade until revoked by the SEC/FINRA, and that's pretty rare. Some zombie tickers can trade for several years after the company has closed it's doors and the principles walked away. That's why the OTC is rife with fraud. Zombie tickers are also easy to hijack (i.e. you or I take one over with some paperwork and start printing stock for next-to-nothing, hire a couple people to spread positive rumors on the internet and then dump for a few hundred grand or millions depending on the quality of the rumor). Virtually impossible to prosecute criminally and if the SEC shuts it down we literally only have to promise not to do it again for 5 years (not a joke).
The OTC needs to be shut down, but unfortunately the JOBS Act is only going to make it worse.
Even more unfortunately, the JOBS act does not impact the otcm hardly at all, or has anything to do with the otcm. It's for real exchange equities.
Who wants an uncolletible judgment?
Hears he and wife have seperated? No family pix in him faceebook page,
Just picures of him and motorcyles and buddy riders. Hope this is an midlife crisis and not an addiction.
Quote: WizardofnothingI respectfully disagree about people who are CEOs not putting themselves out there
One need only look at John legere Ceo of t mobile
John Mcafe. Prior ceo of mcaffee or however it's spelled
Larry eliason from oracle who is outright on some sugar daddy site
And the list goes on
Wish he would come back on here
Quote: WizardofnothingAre you that naive that you think this was all a scam, this happens with companies everyday- they have an idea - they try it and it doesn't take off- you must have lost a lot to be that bitter
It's not about being naive. I don't think you would be naive if you didn't know about how the pink sheet shell game is played. Just that perhaps you don't gamble on penny stocks. No reason to call you naive just because you don't concern yourself with some other issue.
From what I can see from your posts, you were only concerned with the product. That's fine. However the players were using the product as bait to sell shares. Did they use ahigh? Early on probably. But in a short time, any normal sane person would see what was going on and split.
Sorry, but even the product was propped up on false premises. foley and ahigh were using someones else's ideas and sweat equity with ultracade and were doing the same thing again with ntgl. They didn't change their spots.
And now foley got his spots slapped off and ahigh has a high probability to follow in his buddies pond scum prints.
What anyone loses on the investment has no bearing on publishing what they think is the truth. There is more evidence to back up postings about ntgl and ntek faslehoods than truths.
And no, I am not going to print the links to years of lies and fake financials. It all there to seek.
Quote: onalinehorseOnly met ahigh a few times, bought his 2 kids presents, and I fear he losr more than just a job.
Hears he and wife have seperated? No family pix in him faceebook page,
Just picures of him and motorcyles and buddy riders. Hope this is an midlife crisis and not an addiction.
Probably safe to say ahigh may have a gambling addiction?
Quote: sammydvAlso, I'm sorry to point this out, but there are boatloads of pin ball software out there. Been out for years.
Nobody is claiming that Aaron was the first to put pinball to an electronic game. I'm just saying that he did it very well, probably better by an order of magnitude than had ever been done before. Somebody with no 3-D perception would not know he wasn't playing a real game. In addition, NTEK monetized it to a casino game.
I'm not going to defend the company's business practices but I will maintain that Aaron is not the one to be throwing stones at.
Quote: WizardNobody is claiming that Aaron was the first to put pinball to an electronic game..
Aaron's game was beautiful but he was no Bill Budge.
https://www.youtube.com/watch?v=ZJvabA-EFD0
https://en.wikipedia.org/wiki/David%27s_Midnight_Magic
Quote: Wizard
I'm not going to defend the company's business practices but I will maintain that Aaron is not the one to be throwing stones at.
I dunno, those blokes on the stock
forum seem to think Ahigh was in
this up to his eyeballs. They throw
rocks at him every day.
Quote: EvenBobI dunno, those blokes on the stock
forum seem to think Ahigh was in
this up to his eyeballs. They throw
rocks at him every day.
No, he is just an honest guy who enjoys treating people who tried to help him like shit. He may be arrogant, but he is not dishonest. He may know more than any of us about everything, but he is honest. In fact, he was too busy being all of these things to even research the criminals he was working for/with. But he is honest, just a little nieve about what was going on around him. After all, he was busy proving everyone wrong that his "game" didn't need TITO, was going to work fine at $100 minimum bet, that casinos would enjoy dedicating an employee to it, that casinos were not concerned about the words "Advantage Play"..........etc. He was busy with all of that to do even just a little basic research on Mr Foley.
All of that said, anyone who falls for investing in Penny Stocks without inside information (which is illegal according to the SEC) deserves what they get.
Quote: WizardThis topic has gone quiet. What has happened with NTEK the last month?
Ntek's founder/owner david foley is continuing he stay in Prison until April 2017, left his brother Jeff in charge who has no real corporate experience in helming a company. Jeff did own a small ice sculpture bisiness. There apparently isn't anyone left employed at the nanotech entertainment just Jeff foley. Ntek is being sued by numerous companies for breach of contracts and fraud. The pps has dropped to sub penny with a 4 times announced reverse split pending any moment. There is documentation that dave foley created a off shore hedge fund type entity which was gifted almost all outstanding stock for toxic financing purposes. Odds are high the only one able to sell millions of shares at a time is foley and insiders. nanotech entertainment appears to have only one product, a poor quality (now supposedly 4K) phone app marketed as a media streaming app.
No verifiable financials as nanotech ent and gaming do not file with the government regulatory agencies that require audited fins.
On the nanotech gaming front, that business is defunct for all intents and purposes. It's business license was allowed to expire 2 months ago, all (no one actually knows how many or who was employed for ntgl at any given time) employees are gone, the office is closed and ntgl vacated the space a month ago at least. Only one visible is ahigh, who was fired last year or past February. Disappointingly, ahigh feels it's okay to lie blatantly on his facebook and linkedin pages by posting a few days ago that he left ntgl in June 30th 2016. This can be proven false, considering the offices closed and had to vacate end of April I believe. This reflects very poorly on ahigh. ntgl pps is of course sub penny as well, and is considered a zombie ticker as there's no one home to contact within the corporation.
Hope this helps.
Quote: sammydvHope this helps.
Yes, thank you. Very well done.
Quote: WizardYes, thank you. Very well done.
Don't take my word for it. Many stock forums have information.
More than you might want to know. Incidentally, The website Royal Capital immediately shut down within days of that series of posts. Wonder why. This is just a short list of stock gifting. Ntgl got the same service.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117480455
On March 13, 2015, Issued Royal Capital Group, unrelated and non-affiliated investor, 26,217,070 shares of restricted
common stock containing the restrictive legends as part of a conversion of a convertible debenture, used to reduce debt
and increase the company’s cash position by the same amount covered in a convertible note.
On March 23, 2015, Issued Royal Capital Group, unrelated and non-affiliated investor, 33,782,000 shares of restricted
common stock containing the restrictive legends as part of a conversion of a convertible debenture, used to reduce debt
and increase the company’s cash position by the same amount covered in a convertible note.
On March 27, 2015, Issued Royal Capital Group, unrelated and non-affiliated investor, 18,718,000 shares of restricted
common stock containing the restrictive legends as part of a conversion of a convertible debenture, used to reduce debt
and increase the company’s cash position by the same amount covered in a convertible note.
On March 30, 2015, Issued Royal Capital Group, unrelated and non-affiliated investor, 29,400,000 shares of restricted
common stock containing the restrictive legends as part of a conversion of a convertible debenture, used to reduce debt
and increase the company’s cash position by the same amount covered in a convertible note.
During the reorg most retail shareholders are still unable to trade their stock and will be locked out for another week probably. Just in the past 4 days the price has now hit all-time lows and they've barely started printing new stock for Foley's family to dump.
The OS went from 2 billion to about 80 million but they only decreased the authorized from 2 billion to 500 million. That has the same effect as just raising the AS from 2 billion to something like 13 billion and not doing the split.
As I tried to explain a few months ago this will completely crater the stock right back below a penny, wiping out anyone who held through the split. Reverse-splits on the OTC ALWAYS wipe out current investors.
NTEK is and has always been an insider-enrichment stock-selling scam.
Quote: SkepticMore importantly is what happens to whatever NTGL assets used to belong to ahigh. If he was paid consideration by NTGL to "acquire" them when this first started then he can't leave with them. That'd be fraudulent conveyance. The patent, for example. The game cabinets, etc. If ahigh kept any of that stuff he could be in trouble.
ahigh never had his own patent on anything. He added an addendum or flyer to existing patents. Big difference.
Same as ntek has no patents. foley had a basic patent, again off another patent of a box enclosure. That's it, that's all.
Scams have been using patent lies for decades. If ahigh had any assets, he would have filed a lawsuit with all the other companies suing ntek/ntgl.
Everyone like the r/s and pps already down 60% in less than 10 days? Nice. That means your pre pps of .0025 is now .000025 or worse. Your ntekd stock is already a loss better than 60%. That is a freaking fast crash. But it's foley and insiders who have that much stock to sell.
So does that mean there's an opportunity to pick up the pinball / PacMan assets for cheap and actually make something that would sell? Say what you will about Foley, but Ahigh knows how to make stuff.Quote: sammydvahigh never had his own patent on anything. He added an addendum or flyer to existing patents. Big difference.
Same as ntek has no patents. foley had a basic patent, again off another patent of a box enclosure. That's it, that's all.
Scams have been using patent lies for decades. If ahigh had any assets, he would have filed a lawsuit with all the other companies suing ntek/ntgl.
Everyone like the r/s and pps already down 60% in less than 10 days? Nice. That means your pre pps of .0025 is now .000025 or worse. Your ntekd stock is already a loss better than 60%. That is a freaking fast crash. But it's foley and insiders who have that much stock to sell.
Here is how they describe the acquisition:
"During the 1st quarter ended March 31, 2015, NTGL acquired the certain gaming assets (mainly intellectual property in the form of gaming products source code, trademarks and pending patents) of its parent company, NanoTech Entertainment, Inc., a Nevada corporation. " http://www.otcmarkets.com/financialReportViewer?symbol=NTGL&id=152170
NTEK was issued 150,000,000 shares of NTGL in return for those gaming assets.
On May 12, 2014 ahigh was issued 750,000 shares of NTEK stock under his employment compensation agreement (over $100k at the time). I can't find how much NTEK paid for those original "Gaming Assets" or who it was paid to.
One has to wonder where those gaming assets are now since NTGL is defunct. If they went back to ahigh he should go to prison.
Quote: MathExtremistSo does that mean there's an opportunity to pick up the pinball / PacMan assets for cheap and actually make something that would sell?
Yes that's how it works in the real world but not in scamland. Ahigh needs to answer a whole lot of questions, which is why he hasn't taken WoV up on the offer to remove the ban.
Quote: SkepticThe last financial "report" released by NTGL shows $739,836 in "Gaming Assets (Intellectual Property)"
Here is how they describe the acquisition:
"During the 1st quarter ended March 31, 2015, NTGL acquired the certain gaming assets (mainly intellectual property in the form of gaming products source code, trademarks and pending patents) of its parent company, NanoTech Entertainment, Inc., a Nevada corporation. " http://www.otcmarkets.com/financialReportViewer?symbol=NTGL&id=152170
NTEK was issued 150,000,000 shares of NTGL in return for those gaming assets.
On May 12, 2014 ahigh was issued 750,000 shares of NTEK stock under his employment compensation agreement (over $100k at the time). I can't find how much NTEK paid for those original "Gaming Assets" or who it was paid to.
One has to wonder where those gaming assets are now since NTGL is defunct. If they went back to ahigh he should go to prison.
One needs not wonder a thing about ntek. You are looking at an insider created piece of junk sent to a unregulated advertising site known as the OTCM. There is nothing to validate or verify a single entry from any submission from foley to OTCM. None. It's all invalid and made up numbers. Nothing may be true. I have never received any verification that ntek actually rented or took possession of those directors that they were supposed to be using from lasergraphics from the company themselves. Again ahigh didn't build anything himself. At some point this will all be out in the public and hopefully soon.
No real professional or adult keeps taking stupid selfies of his ugly face and posting them on his FB page while claiming he's some sort of professional or math genius.
Quote: sammydvAnd ahigh is a highly troubled individual with insecurity issues.
No real professional or adult keeps taking stupid selfies of his ugly face and posting them on his FB page while claiming he's some sort of professional or math genius.
Stalker much?
+1, Laughing!Quote: IbeatyouracesStalker much?
He's just tracking where his investment money went.Quote: IbeatyouracesStalker much?
Possibly craps, hookers and blow Vegas style.
Quote: IbeatyouracesStalker much?
ahigh isn't stalking anyone. One can not follow fast enough on a unicycle.
Quote: AxelWolfHe's just tracking where his investment money went.
Possibly craps, hookers and blow Vegas style.
Yep sounds like ahigh.
So you are in fact just tracking your money?Quote: sammydvYep sounds like ahigh.
Doubt the hookers and blow but the next time I see him playing crape with your money I'll have him buy me a drink with it and we will toast you.
Why would that be a problem?
I haven't looked into it, but perhaps more info could be found in his divorce file at the Clark county courthouse.
But all of that is no defense for those looking to make money off the stock. Gambling, no it's not investing, in Penny Stocks is no different than playing Megabucks slots. Only difference is the slot isn't rigged.
Quote: AxelWolfSo you are in fact just tracking your money?
Doubt the hookers and blow but the next time I see him playing crape with your money I'll have him buy me a drink with it and we will toast you.
Have two. But that money is long gone and I'm not tracking it. Waiting for the lawsuits and more people to justifiably lose their freedom. It was not an investment by any stretch. It was simply bad timing on a penny scam flip play. I just held too long. Longer than I normally do. dave foley is so greedy that ntek has a almost predictable pulse to gamble on.
I don't know what the EV is on foley, but letting ntgl go and now near BK on ntek has taken away the variance on this play.
With only movements in the hundredths of pennies, it makes zero sense to tie up thousands to get a return in the hundreds. Penny moves, yea, sub penny moves? Might as well invest in Keno.
Are there any people out there who were stupid enough to buy five or six figures worth of NTEK / NTGL?
Remember, litigation is a game best played by the wealthy.
Quote: BozI went into my thoughts before, but I find it hard to believe one of the smartest guys in the world, who always knew better than any gaming experts on here knew nothing of the people he worked for. He knew better than all the people who work in the gaming field when they asked about TITO, when they asked how the customer would pay, if it make sense for a casino to have a dedicated employee at the game, etc. yet he had no clue the stock and Foley were a scam. Seriously who believes that?
But all of that is no defense for those looking to make money off the stock. Gambling, no it's not investing, in Penny Stocks is no different than playing Megabucks slots. Only difference is the slot isn't rigged.
No one. Think about this. If you were investigated for fraud along with the jackass you worked long time for, probably have further investigations pending and KNOW that the law is looking at your net worth because of the interviews from the courts, wouldn't you maybe hide away your assets, put what little money you have into an off shore account with the brother of the felon and then claim destitute and broke when the law comes back around?
ahigh may be an egotistical narcissistic goof ball, but I don't think he's entirely stupid. IMO, it's safe to say ahigh knew all that was going on, he took stock in lieu of pay a few times and in the past it wasn't restricted or is off restriction by now and has probably sold into the promos ntek keeps paying for.
People who think penny stocks are investments also don't belong in casinos. People who think ntek is an investment shouldn't even risk using a powered toothbrush.
I'm not sure that not having a tito was his goal from the beginning, remember it was a table game not really a slot. I think he had to work within certian limitations of what he could actually do. Now he may have not told us the reasons behind some of his decisions. The worst decision that he did have control of was leading with the advantage play stuff whilr trying to change the entire industry and casino's perceptions about advantage players. I think he was ahead of his time on this. He could have invented the best game in the world and it would've failed working for that company.Quote: BozI went into my thoughts before, but I find it hard to believe one of the smartest guys in the world, who always knew better than any gaming experts on here knew nothing of the people he worked for. He knew better than all the people who work in the gaming field when they asked about TITO, when they asked how the customer would pay, if it make sense for a casino to have a dedicated employee at the game, etc. yet he had no clue the stock and Foley were a scam. Seriously who believes that?
But all of that is no defense for those looking to make money off the stock. Gambling, no it's not investing, in Penny Stocks is no different than playing Megabucks slots. Only difference is the slot isn't rigged.
Quote: MrVWhy sue Foley for fraud, unless he has a lot of non-exenot assets which can be seized?
Are there any people out there who were stupid enough to buy five or six figures worth of NTEK / NTGL?
Remember, litigation is a game best played by the wealthy.
He has documented off shore accounts as stated in some affidavits during the court proceedings.
Fraud is one of the criminal counts foley got the felonies for. I believe there is also civil fraud as well. Civil usually will be the fines and penalties. Prison is normally for criminal charges of fraud and such. It's all on the internet.
foley spends his time washing dishes at taft. foley is a much higher level of con man than ahigh.
I don't think ahigh went into this to con anyone. But I think he accepted what was happening and thought that since he's just working for the felon he would be okay.
Wrong.
keno pawns. You should invest in keno. Why did you hold longer than normal? With just a little investigation you could see where this company was heading. I seriously believed his games were amazing yet I didn't invest and I was seriously considering it there were just to many red flags. Then again I don't know anything about penny stock so I guess there was some profit to be made? I don't know sounds like DI your just guessing.Quote: sammydvHave two. But that money is long gone and I'm not tracking it. Waiting for the lawsuits and more people to justifiably lose their freedom. It was not an investment by any stretch. It was simply bad timing on a penny scam flip play. I just held too long. Longer than I normally do. dave foley is so greedy that ntek has a almost predictable pulse to gamble on.
I don't know what the EV is on foley, but letting ntgl go and now near BK on ntek has taken away the variance on this play.
With only movements in the hundredths of pennies, it makes zero sense to tie up thousands to get a return in the hundreds. Penny moves, yea, sub penny moves? Might as well invest in Keno.
Quote: AxelWolfHe could have invented the best game in the world and it would've failed working for that company.
I don't think that is true. If he came up with a ground breaking, viable regular or skill based game, the company would still exist. New games hit the market every month.
Make a few sales and it keeps you afloat. Make a few more and one of the big boys will start listening to you. Talk nonsense, don't listen to experts, care more about how you look vaping under neon light than building relationships in the industry and you lose.
ZCore13
Quote: AxelWolfkeno pawns. You should invest in keno. Why did you hold longer than normal? With just a little investigation you could see where this company was heading. I seriously believed his games were amazing yet I didn't invest and I was seriously considering it there were just to many red flags. Then again I don't know anything about penny stock so I guess there was some profit to be made? I don't know sounds like DI your just guessing.
No, I've been flipping ntek all along, when the felon created most of his off shore accounts at the same time he set up the ntgl fake deal and promised a dividend with the new issue, I tried to time that divvy. By waiting even 2 weeks for the divvy, that caused a loss in the ntgl play. The pps dropped so fast a lot of short term people got caught. I cut my losses and bailed on that particular event play. foley always promises everything out in time so one has to play their moves accordingly. You can't make him give the divvy, so you're stuck while he unloads into the hype of the divvy. Classic.
BTW, it's pretty clear to people who do penny stock gambling for a living, NOT the investor idiots, that felon foley created ntgl as a tax and stock shelter because he KNEW he was going to prison. He needs an entity to continue to sell his stock, which is his only income. It's also documented that royal capital is owned and run by dave foley to launder stock money and sell his stock. During court discovery, foleys connection and fraud of royal capital was outlined.
If one has a pacer account, all this info is right there. I don't have to make this stuff up. It is also confidentially said that foley has made millions since going into prison through his phony royal capital, which foley personally issued over a billion shares of stock to that he created out of thin air.
You were wise not to invest. ahigh and his creations and other junk were the bait for ntgl stock fraud. A stupid failed media app is the bait for ntek stock fraud. At least casinos give you money back occasionally, unlike foley.
Quote: Zcore13care more about how you look vaping under neon light than building relationships in the industry and you lose.
ZCore13
This is something Ahigh never seemed to grasp.
His one and only customer was the casinos. Yet
he dissed them and acted like his customer was
the public. So he was always doing nutty things
that didn't help him at all. Like telling casinos
that everything would done his way or no way.
Maybe he got this attitude from being an
arcade game designer, who knows.
Quote: Zcore13I don't think that is true. If he came up with a ground breaking, viable regular or skill based game, the company would still exist. New games hit the market every month.
Make a few sales and it keeps you afloat. Make a few more and one of the big boys will start listening to you. Talk nonsense, don't listen to experts, care more about how you look vaping under neon light than building relationships in the industry and you lose.
ZCore13
You both make good points, however, there doesn't appear to be an actual attempt to pursue any legit company operations to market anything. A real company files with the SEC so people can see real numbers and make venture capital decisions. Since both ntek and ntgl are non SEC filers, no legit money will ever touch them. Ever. That's why foley is so buried in toxic financing. He wanted his money NOW. The company was not making real attempts at marketing anything. The shows were lame and shady.
There is NO real world advertising in the wild. NONE. No ones going to buy a product that no one knows about.
Only people that even know about ntek and ntgl are stock forum boards. You sell stock on forum boards, not np1's or furry stupid looking table games.
2 paid shows with almost no legit exposure is a sham operation. ahigh wasn't getting anything marketed with this company. I don't think he cared. Looks like he still doesn't care.
Know what I think? foley is a sadistic con man and creates crap just to laugh at people like ahigh. What isn't in the court documents and is sealed, is how many and who threw foley under the bus to save their own asses. That's what I want to see now. We won't until the cases are closed and release all to the public. If ever.
