Quote: sammydvYour welcome, but I'm no pro, but I'll try some basics...
Thank you! Such a good answer that I don't have a follow-up.
As for who is buying, there is a cult following of bagholders now stuck trying to average down.
Quote: AxelWolfBuy low sell high.
In this instance wouldn't "buy low sell Ahigh" be more appropriate? lol.
Quote:As for who is buying, there is a cult following of bagholders now stuck trying to average down.
Now this would be a good math problem for Wizard. The facade of averaging down in penny stocks is a mantra that unscrupulous paid promoters use to get the uneducated to keep buying a scam stock until nothing is left and the company is gone. Pig promoters say to average down by continuing to buy the stock when it dips and then you should sell when it raises.
In penny scams the price NEVER comes back. Example:
You bought 1 million shares @ .0001 in january at a cost of 100. and that's where your account was sitting at when the company did a 1000 for 1 reverse split. Leaving you with 1000 shares @ .10. Which is the post pps on market open. This also brings in a phony market capital indicator pump. Now in less than a week when your stock has settled, the pps has dived to .05 or you lost 50% of your post account balance. Come the pumpers telling you to buy more shares and average down (you're supposed to SELL these shares, but people never do either) So called averaging down may work with real companies on real exchanges because their stock actually goes up and stays up for periods at a time and people can sell the new stock into the market and make back some percentages of loss.
Pinks just keep small pops but go straight down in a short time.
Maybe Wizard can play with the math about buying stock that's dropping and trying to recoup money with the stock still dropping and never going back up. It's a lie and a mirage in penny stock.
BTW - just saw where ntek is in very bad court trouble this week. Multiple cases are now being published to the net.
there's only 2 people even remotely left with nanotech and they both have to be in court at that time. It has been proven that not only is ntgl totally defunct and gone, there's a business already in the old ntgl space not associated with nanotech and 4K studios are no longer in business and there's a new business in 4K's old space, also not associated in any way with nanotech. Nanotech leased the media computers and director machine from lazergraphics I believe and this will no doubt be another lawsuit if the machines are not sent back.
Remember, the 4K studios was supposed to be producing and supplying the content for ultraflix. Ultraflix has disappeared from almost all platforms that are advertised on the nanotech entertainment website.
Nanotech has not updated any content in a year, including updating any nanotech company website in over a year.
The brain dead paid promoter Wong has also quit some time ago. Wongs stupidity hurt nanotech more than helped them. Wongs quitting is about the only positive thing to happen to nanotech in years. Actually, I think nanotech stiffed wong as well.
The shorter answer is who didn't nanotech stiff for fees and money due.
Quote: WizardReminder -- Aaron (Ahigh) comes off his one-year self suspension on December 18.
C'mon now. A friend ripped you off and made you upset so now you have to ruin everyone else's day??? :)
ZCore13
Is he still a gamblin' man?
Quote: sammydvMore bad news for nanotech. Seems to be a major judgement coming up for ntek at the end of September.
there's only 2 people even remotely left with nanotech and they both have to be in court at that time.
Link please.
Isn't/didn't he recently do a craps video with Mike?Quote: MrVAnybody spotted Aaron in the casinos or about town?
Is he still a gamblin' man?
I can't remember last time I seen him in a casino but it was after his exit here.
Ahigh is still on topic related to ntek/ntgl, whatever else he's promoting should get his own board.
If ahigh comes on this board defending nanotech then I will most certainly engage him.
I don't care about re-fried beans and pictures of selfies wiht unicycles in the sunset.
Quote: sammydvI don't care about re-fried beans and pictures of selfies wiht unicycles in the sunset.
*hmph*
And I was looking forward to 'unicycle selfies in the sunset'.Quote: Wizard*hmph*
Was hoping HeyJude might be onboard ;-)
Quote: AxelWolfIsn't/didn't he recently do a craps video with Mike?
It appears that Dan has assumed that position based upon his most recent video.
Quote: mrsuit31It appears that Dan has assumed that position based upon his most recent video.
Sometimes you just have to take what you can get (-;
Quote: Wizard*hmph*
Okay wait, let me clarify. I like re-fried beans, but feel their importance in a selfie on a unicycle during the sunset at Jack-in-the-box parking lot isn't a life defining moment for the unemployed.
https://finance.yahoo.com/quote/JPEX?ltr=1
I have made up my mind I'm going to invest something, maybe just a little so it's just a matter of how much at this point.
Just one big contact would be huge for them? Sounds like their business solves a problem and is good for the environment.
Anyone have any thoughts or good information?
Quote: AxelWolfI know very little about penny stocks. However I'm interested in Jpex http://jpxglobal.net/
https://finance.yahoo.com/quote/JPEX?ltr=1
I have made up my mind I'm going to invest something, maybe just a little so it's just a matter of how much at this point.
Just one big contact would be huge for them? Sounds like their business solves a problem and is good for the environment.
Anyone have any thoughts or good information?
They have $89 in cash and "We have sustained significant net losses which have resulted in an accumulated deficit at June 30, 2016 of $33,928,122 and are currently experiencing a substantial shortfall in operating capital which raises doubt about our ability to continue as a going concern.".
http://www.marketwatch.com/story/10-q-jpx-global-inc-2016-08-15
Quote: AxelWolfI know very little about penny stocks. However I'm interested in Jpex http://jpxglobal.net/
https://finance.yahoo.com/quote/JPEX?ltr=1
I have made up my mind I'm going to invest something, maybe just a little so it's just a matter of how much at this point.
Just one big contact would be huge for them? Sounds like their business solves a problem and is good for the environment.
Anyone have any thoughts or good information?
Too early, I didn't do extensive research, but their financials are NOT audited, they have not created any income in 2 years, but all cash from stock sells went to the one owner, and changed market sector and name via a RM into another shell company. Decent websites with stock photo's does not a legit company make.
Don't call it investing in a sub penny stock, it's gambling short term.
Buy whatever amount of stock you want, but don't expect anything from this company long term. Flip the hell out of it.
Go to the otcm 'pink sheet' website, enter the ticker then look at company profiles and filings. How many name changes?
How many r/s's did they do? Did he give himself millions of shares created out of nothing? Big YES and red flag.
Look at jbii which played the same energy card and never made a cent in years.
Do I sound cynical? No, I'm a realist.
Ntek/ntgl are perfect examples of toxic funding, debt creation to self pay owners, etc. In ntek's case, Dfoley created Royal Capital, issued no money to ntek in the forms of fake loans so the ntek treasury would issue RC stock promissory notes at obscene discounts in the stock value that Dfoley and others sell the stock into the markets pumped up stock prices.
Classic.
I have no idea of the outcome for Friday, or can speculate as there are lots of ways to delay even more.
Both of these lawsuits have forced a payment agreement by ntek to basically come due immediately.
We'll see how it goes and if ntek and the snake oil salesmen can pull it off again.
Any delay allows the insiders to keep selling stock to the market.
Quote: sammydvFriday 18th Ntek will be in court on the first of at least 2 we know of settlement suits.
I have no idea of the outcome for Friday, or can speculate as there are lots of ways to delay even more.
Both of these lawsuits have forced a payment agreement by ntek to basically come due immediately.
We'll see how it goes and if ntek and the snake oil salesmen can pull it off again.
Any delay allows the insiders to keep selling stock to the market.
Any links? Hard to find info on these guys other than Halloween Press releases and old info on some guy being named President. And "Investor Relations" contact Dan Wong seems to have disappeared.
Seems like the man who knew the gaming business better than all the experts on here may have been wrong about this company.
Case # BC600877
But I believe one has to be registered with the site or it's paid.
The man who knew gaming, didn't know business or people or either was complacent.
The courts should reveal all.
Are you going? It'd be nice to have a first-hand report...Quote: sammydvThe original lawsuit and subsequent filings are available via the LA Superior Court's website.
Case # BC600877
But I believe one has to be registered with the site or it's paid.
The man who knew gaming, didn't know business or people or either was complacent.
The courts should reveal all.
Edited
For quite some time. I think it all went to hell when dfoley lost his last attempts to beat the prison sentence or delay it.
Not a single thing with ntek or ntgl seems to have been done since his incarceration which tells me dfoley was the main ringleader behind it all. He had a lot of help of course, but dfoley was the main driving force of criminality. dfoley has been scamming since 1995 it looks like.
Ntgl went defunct and missing last january and now ntek's offices on Kruse dr. are dark. There's even some google shots from August 2016 that pretty convincingly show what appears to be Jeff foley and crew moving out of the Kruse nanotech office.
Tomorrow afternoon maybe some info will be out on the internet about ntek.
This just in, judge rules against ntek. I'm not sure if something still is happening tomorrow.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126627806
EDIT: The 18th is the K2 lawsuit with another 2 million in cash immediately due in full.
Finally? I think so. Looks like K2 jumped over Lake Side in demanding everything stay in California for liquidation.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126673096
Quote: sammydvBeginning of the end?
Finally? I think so. Looks like K2 jumped over Lake Side in demanding everything stay in California for liquidation.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126673096
Who gets to keep all the Casino Kat & Vegas 2047 machines sitting in casinos making money for everyone? Oh wait, never mind.
Quote: WizardDespite all this bad news, the market cap is still 2.81 M. source.
Couple of things there Wiz. One, the market cap is figured on what nanotech tells the Transfer Agent, who only reports what is submitted to them AND the TA is gagged AND that's way old numbers AND nanotech has been a non SEC filer so nothing they filed with the OTCM is dependable AND it is documented that nanotech has over 2.5 billion shares authorized, maybe more. Two, what nanotech owes to at least 3 companies they stiffed is at least twice as much as their faux market cap.
There's likely going to be a big change in nanotech entertainment in the coming days.
I fully expect nanotech to announce another shell that they will reverse merge into in an attempt to protect what little assets they have. It's exactly what dfoley did when he created ntgl. He hid assets of ntek away so when this upcoming event happens, he can continue the scam.
Next week will be interesting. But all shareholders have unfortunately have lost their complete asses. Let alone assets. And I'm sorry to inform you your source isn't very reliable as it's very old info. Not a single person on that page is still with nanotech. They have ALL quit and are sweating out the lawsuits.
Have a good weekend.
Any lawyers or people who have gone through this have any input to what is going to happen?
"The Superior Court of California, County of Los Angeles website, judge Maureen Duffy-Lewis has entered judgement and granted the motion to enforcement the judgement and settlement sought by K2 Communications in their lawsuit against NTEK."
Link to document from Friday.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126713020
Not so. You defend your rights, you display your lack of fear of litigation and if you get an otherwise worthless judgment, you get usually ten to twenty years in which to get lucky.Quote: GWAEI learned a long time ago that suing someone with no money is pointless.
Quote: GWAEI learned a long time ago that suing someone with no money is pointless.
The man in charge has money. Plenty of it I'm sure. The question is, if they can get to it if they find him guilty of any wrondoings.
ZCore13
Quote: Zcore13The man in charge has money. Plenty of it I'm sure. The question is, if they can get to it if they find him guilty of any wrondoings.
ZCore13
Agree, but they'd have to go offshore to get to his money. That will be problematic.
Quote: FleaStiffNot so. You defend your rights, you display your lack of fear of litigation and if you get an otherwise worthless judgment, you get usually ten to twenty years in which to get lucky.
I learned it the hard way. I had a judgment for $23k. Person has no money but had a house. Paid for a sherrif to attempt a sherrif sale. Turned out the house was in both his and girlfriends name so it basically protected since they jointly own everything in PA.
Fast forward 11 years which was 3 years ago and I google his name and find out that he bought a house. Sweet, time for a payday. I contact the sherrif department to assist and was told that my judgment is expired. PA has a 20 year SOL on judgments but you have to file a writ of revival every 5 years. Good buy 23k.
Quote: GWAEI learned it the hard way. I had a judgment for $23k. Person has no money but had a house. Paid for a sherrif to attempt a sherrif sale. Turned out the house was in both his and girlfriends name so it basically protected since they jointly own everything in PA.
Fast forward 11 years which was 3 years ago and I google his name and find out that he bought a house. Sweet, time for a payday. I contact the sherrif department to assist and was told that my judgment is expired. PA has a 20 year SOL on judgments but you have to file a writ of revival every 5 years. Good buy 23k.
Exactly how I feel about my new $1615 a month Health Insurance premium. Life isn't fair, some continue to live off of others and have the balls to bitch when it is threatened.
And like those who have found it more profitable to sit at home as opposed to working, the person who you earned the judgment against, they laugh at us.
Aaron, welcome back!
Quote: WizardI'd like to announce that Ahigh completed his one-year self-suspension on Dec 18. I was four days late to un-suspend him, which I apologize for.
Aaron, welcome back!
Just in time for the Holidays...."It's a Festivus Miracle". Now can we just move on to the airing of grievances?
Assuming he returns we need some betting lines established.Quote: WizardI'd like to announce that Ahigh completed his one-year self-suspension on Dec 18. I was four days late to un-suspend him, which I apologize for.
Aaron, welcome back!
Number of days/posts before he gets suspended
How long before someone get's suspended from something related to him.
How many people get suspended.
Will he self ban himself within 1 year.
Basically, I see no constructive reason for ahigh to post in this thread if only to defend himself, then it wouldn't be about ntek/ntgl would it?Quote: AxelWolfAssuming he returns we need some betting lines established.
Number of days/posts before he gets suspended
How long before someone get's suspended from something related to him.
How many people get suspended.
Will he self ban himself within 1 year.
There is nothing left of ntgl to post about for him. He moved on with his life hopefully.
It would probably behoove him to avoid all contact from dfoley for the rest of his life.
Hope he can.
I made a bit of money on NTEK/NTGL (bought low, sold high): thanks, Aaron.
In hindsight, it's probably not fair for disgruntled, frustrated shareholders to use him as the whipping boy.
Focus on the Foleys, or better yet just let it go.
Game over.
There won't be any speculation then. Right now almost every piece of ntgl information is hidden and protected.
It's now or never for nanotech this week and it may be over soon.
Either way, ahigh has his fingerprints indelibly entwined with nanotech entertainment and all will hopefully be public soon.
My opinion is dfoley will drag whoever he can down and ahigh won't be able to run far enough away.
Time will tell.
dfoley is already twitting false information to pump ntek.