NTEK / NTGL

Newest update on court proceedings in the ntek/ntgl saga.
Apparently on the 21st of August, the court ordered what is basically a complete freeze on stock selling, buying or issuing to ALL of the nanotech principals and employees to commence immediately, even TA and promoters possibly.
Below are links to the court documents with credit again to Beverly from elsewhere.
Also, unfortunately for friends of ahigh, his name is listed directly on the first list, which also strongly indicates ahigh is probably in the original lawsuits as well. The full list of litigants has not been released and may never get released to the public.

And interestingly, at any time the court can have the brother jeff, acting as a ntek officer arrested.

https://postimg.org/image/tsdj0dbh1/
https://postimg.org/image/4owggddud/
https://postimg.org/image/hhkkgapg5/

Quote: sammydv

Also, unfortunately for friends of ahigh, his name is listed directly on the first list, which also strongly indicates ahigh is probably in the original lawsuits as well. The full list of litigants has not been released and may never get released to the public.

Ahem.



I don't see Aaron listed as a named defendant.

source

Do you claim there are other named defendants WHO HAVE HAD JUDGMENT ENTERED AGAINST THEM?

He is now, read the 3rd link. Your ahem link is from the previous lawsuit started by the sports company nanotech stiffed.
Long side has their own list now.
And everyone is invited to the party.
Probably includes family pets who may have been given shares in their names.

I haven't looked into this enough to have gathered the necessary facts, so please bear with me.

The 3rd link is a list of insiders who are now ordered not to purchase, sell or otherwise trade in the company's stock.

That is one thing, but having judgment entered against them for an amount of money in a sum certain would be quite another.

Do you have a link to any documents which show that Aaron was named as a party to the lawsuit, and that a financial judgment was entered against him as an individual?

Certainly a link to a copy of the complaint listing / naming all target defendants would help, as would a link to copy of the final judgment listing / naming all individuals found personally liable, and the amount of liability imposed upon them.

Otherwise, plaintiff seems not to have pierced the corporate veil as to Aaron, and he should be free of personal liability, yes?

A personal judgment against someone in a fraud case would be quite serious; a directive not to trade in the stock of a defunct, fraudulent enterprise would seem not be in the same league.

This part:

"The full list of litigants has not been released and may never get released to the public."

Stated because there is a list, I can't produce it nor am I at liberty or have the authority to discuss it further.
There will be no information forthcoming from myself. I will only post court docs or links from others of existing court docs.

One will have to wait til this is as open to the public as possible and many questions will be answered.

Stock still holding steady. Currently at 0.0232. Market cap at 4.145M.

I don't keep up with this, where did Ahigh go,
is he still in Vegas winning at craps? er, playing
craps?

I heard, he moved to California for a new job.

Quote: Wizard

Stock still holding steady. Currently at 0.0232. Market cap at 4.145M.

Hi Wizard. Hope you're not holding a lot of ntek or ntgl.

I'm posting this here because I couldn't find any other thread to do it in.
But Actually I wanted to mention that won is running poorly for weeks and I noticed that firefox and IE is hanging up at TLS handshaking process.
This may mean won may have certificate issues and or security issues on some domains. I've checked most everything on my browsers I could, including running new profiles and test beds. I think something changed in won's security features perhaps. Or your certificates are obsolete.

TLS Handshaking is part of the authentication steps done automatically before data is passed in applications of the web browsers. This normally takes tenths of seconds but I'm waiting over 5 seconds sometimes much longer for the TLS handshake to won to happen. No other site is doing this to me.

As far as ntek,- boward county is still trying to clean up after the floods and will hopefully have some updated info on the lawsuits.

This is all news to me. I was completely unaware of even the existence of this lawsuit or what it is even about.

I haven't traded any NTGL or NTEK in 23 months and have zero plans to trade any in the future.

Anything else, it sure looks like it has nothing to do with me. Feel free to contact me privately if you feel otherwise.

Quote: Ahigh

I haven't traded any NTGL or NTEK in 23 months and have zero plans to trade any in the future.

Wait, you were trading the stock when you were an officer? As an insider?

Do you have a lawyer?

Quote: sammydv

I'm posting this here because I couldn't find any other thread to do it in.
But Actually I wanted to mention that won is running poorly for weeks and I noticed that firefox and IE is hanging up at TLS handshaking process.
This may mean won may have certificate issues and or security issues on some domains. I've checked most everything on my browsers I could, including running new profiles and test beds. I think something changed in won's security features perhaps. Or your certificates are obsolete.

TLS Handshaking is part of the authentication steps done automatically before data is passed in applications of the web browsers. This normally takes tenths of seconds but I'm waiting over 5 seconds sometimes much longer for the TLS handshake to won to happen. No other site is doing this to me.

I'll forward this to the technical wizard behind the site.

Quote: Skeptic

Wait, you were trading the stock when you were an officer? As an insider?

Do you have a lawyer?

Officers of companies frequently have stock in their own companies. And trade regularly. When I worked for a public stock company, I could do the same. There was a blackout date for about 3 weeks before earnings, until earnings were released. Nothing to see here, folks.

No, officers are not allowed to daytrade their own stock. There are very strict rules governing insider stock sales. Strict reporting rules too. Hightower has never filed a single stock ownership report. Not to mention trading on insider information which most certainly occurred here (by definition). He just validated every criticism and accusations of shady dealings surrounding this "company".

Quote: rsactuary

Officers of companies frequently have stock in their own companies. And trade regularly. When I worked for a public stock company, I could do the same. There was a blackout date for about 3 weeks before earnings, until earnings were released. Nothing to see here, folks.

There's plenty to see. Employees with inside information typically set up trading plans according to SEC_Rule_10b5-1 to avoid issues. That's probably what AHigh did.

Quote: sabre

There's plenty to see. Employees with inside information typically set up trading plans according to SEC_Rule_10b5-1 to avoid issues. That's probably what AHigh did.

It would be a public document if he had.

Quote: Skeptic

No, officers are not allowed to daytrade their own stock. There are very strict rules governing insider stock sales. Strict reporting rules too. Hightower has never filed a single stock ownership report. Not to mention trading on insider information which most certainly occurred here (by definition). He just validated every criticism and accusations of shady dealings surrounding this "company".

you didn't say daytrade in your original post. I'm unfamiliar with rules around daytrading.

Officers of a public company aren't allowed to trade their stock period with jumping through a ton of hoops and satisfying very public reporting requirements.

Let's stop beating around the bush and call a spade a spade. A degenerate gambler finally found an opportunity to rig a game in his favor and took advantage of it, knowingly defrauding the public in the process.

To whom are you referring, Skeptic?

Quote: Skeptic

Officers of a public company aren't allowed to trade their stock period with jumping through a ton of hoops and satisfying very public reporting requirements.

Right. That's contrary to your previous statement.

Quote: Mission146

To whom are you referring, Skeptic?

Skeptic, I would plead the 5th if I were you.

Quote: Mission146

To whom are you referring, Skeptic?

I believe he is referring to a non-member of this forum. Probably Foley.


ZCore13

Quote: Zcore13

I believe he is referring to a non-member of this forum. Probably Foley.


ZCore13

Was he was considered a degenerate gambler?

Quote: Zcore13

I believe he is referring to a non-member of this forum. Probably Foley.

ZCore13

Could be, probably is, that’s why I requested clarification.

Quote: Mission146

Could be, probably is, that�s why I requested clarification.

Yeah, I can't think of anyone else he would have been referring to. I'm sure he knows the rules and knows you can not say negative things about a member in good standing, even if they are true.

I'm glad you tried to clarify. This internet forum stuff can be hard to desypher, even with emojis. ;)


ZCore13

Quote: Ahigh

This is all news to me. I was completely unaware of even the existence of this lawsuit or what it is even about.

That's totally convincing.

Quote:

I haven't traded any NTGL or NTEK in 23 months and have zero plans to trade any in the future.

Unfortunately what you traded may be illegal. You can't trade ntek at this point if you wanted no matter what the plans. The courts said so.

Quote:

Anything else, it sure looks like it has nothing to do with me. Feel free to contact me privately if you feel otherwise.

I have no reason to contact you personally or otherwise. I'm sure you'll be the first to know from the official sources.
And then we'll all know when it's public record.

Good luck on your endeavors.

The rule was touched up in 2000 and in all forms it was designed to publish any insider transactions for transparency. A party using that rule to avoid 'issues' and not publicly file the reports as required would be in deeper trouble. No where in the SEC does it say it's helping insiders hide their trades. Insiders have many ways right now to hide their trades mostly illegally and ntek principal and insiders used every trick in the book. The subject of this immediate thread line doesn't seem to have any trade filings on record.

https://www.sec.gov/rules/final/33-7881.htm

Just an update of ntek and ntgl.
Ntgl license in Nevada is revoked. Ntgl has no office, employees or existence other than a zombie stock.
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=NvfeaJ6dOrIR4K%252bzC9l2Aw%253d%253d&nt7=0

Ntek/ nanaotech enterainment is of today, defaulted on Nevada business license since 7-2017 and at any time could have NV license revoked.
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=NkUMPTHrDA9pc8U7pRWyJw%253d%253d&nt7=0

Nanotech entertainment is also listed with the California sos and has had that license FTB FORFEITED.

https://businesssearch.sos.ca.gov/CBS/SearchResults?SearchType=CORP&SearchCriteria=nanotech+entertainment&SearchSubType=Keyword

3 ongoing lawsuits, all for breach of contracts. Meaning, nanotech did not pay and and shows to be ignoring most court mandates as proven by all the filings to compel.
Jeff Foley has a writ of bodily attachment issued by Boward courts of Florida in the Longside case.
David Foley has a writ of bodily attachment issued by Boward courts of Florida in the Longside case.
Writ of attachment basically means a standing warrant for arrest in that state.

3DContent case is scheduling a jury trial for breach for August this year.
Cinnifilm case is on hold but can be activated at any time.

Late last summer/fall a PR stated that the Kruse office was moving. No update on that but the office has been dark since practically August 2016.

Ultraflix version said to be working and ready and to be implemented in less than a month.
This was claimed in late 2015. As of today 2-2018 there is no version 3.0 of Ultraflix.

Shareholder meeting held to select people, none of the promises have been meet. Including updating shareholders weekly. That lasted only 2 weeks. Last update is more than 2 weeks past.

David Foley voted himself back in as director/ceo of Ntek. This may not be a legally recognized procedure.

So yea, nanotech entertainment is doing great.

That is all.

nanotech entertainment last week paid their Nevada business fees. So, the Nevada business license is active at this time. Nanotech probably received a final letter from Nevada that it will revoke the license if not paid by such and such date.
Nevada SOS typically sends out final letters of possible revocation as a favor to businesses.

I was curious where NTEK is doing. Currently at 1.55 cents per share. Market cap of 2.771 million. What has been going on with the company the last six months?

Hi Wiz. Please read feb 28th 2018 post of mine.
Nothing has changed, other than a few things except david foley voted himself in as all corporate positions in ntek as listed on the Nevada SOS. No one else is listed in the incorp SOS.
There are at least 11 known active lawsuits against nanotech and david foley for breach of contracts and non payment of money owed.
foley has quietly registered utraflix as a corporation in Nevada, but is at this time in default with those filing dues and taxes. And since there is no CIK number for ultraflix on the Nevada sos filing, it means ultraflix is not a publicly traded company. Yet.

But david foley did this with ntgl where he reversed merged into his own self created entity and took ntgl public. We know foley lied about giving shares to shareholders, but people bought on the promise of a share dividend.

From all indications, foley appears to be setting up a reverse merge into ntek so ultraflix can be traded. From other sources, it's said that david foley may do a bankruptcy with ntek and shift all assets of ntek into ultraflix corp in an effort to escape and protect himself from all the lawsuit. I don't think it's if, but when.

And the pps fell to sub penny last week, where it was last year when the reverse split was done. david foley also said to shareholders and the general public that he would never do a reverse split and doesn't intend to. This was said 3 weeks before he did a reverse split.. david foley's words are worth mud.

Quote: sammydv

Nothing has changed, ...

Thanks for the progress report. Interesting how the company manages to linger on for years, holding millions in market cap, without creating anything.

Hi Wizard, hope this finds you well.
Ntek stock now trades in sub penny most the time in the last month. Ntek main office is closed as nanotech was evicted from kruse street for non payment. Surprise, surprise. No office, no known verifiable new address, no employees except foley himself and no more communications forthcoming.
Market cap is meaningless here. It's a sub penny trade play only. There is no company to invest in.

Ulraflix, a simple streaming app, the one and only product ntek has that can be verified has stopped being available from any known source.
Apparently ultraflix can no longer be downloaded at present time from any provider except maybe the ntek website itself. That's not good.
You can start and run your own app and get it listed where ever you want.

There are now at least 11 active lawsuits in varied progress throughout the country. Longside is the most prevalent and the most tenacious. Longside is in Florida, thus they have the court fight there. Recently longside pressed for the arrest of david foley. But since everyone is in California, the foleys are just laughing at the Florida courts by the looks of it.

Much of the recent actions by foley seem to be to hide assets from longside and all the other lawsuits which foley hasn't paid a cent to. We are talking Paramount, Sony and major manufacturers and banks that ntek has made deals with. In every lawsuit, nanotech makes some sort of court agreement to pay or abide then walks away.

The last longside lawsuit filing was in april 2018 and again asked for the 30th time for full disclosure from foley of what his income is and demand payment. Longside isn't the only lawsuit asking for disclosure. foley never complies. At some point somewhere, foley will be forced to reveal it all. There is also fairly conclusive
evidence that nanotech has a SEC investigation going on as well.

From all moves by ntek, adding ultraflix as a corporation, stopping ultraflix as a income producing entity at this time, total silence for months, only to break it by attacking shareholders on a criminal stock tout board, it looks like foley is setting up a BK and merge into ultraflix, and to reissue new named stock ticker to himself and cronies. The entire website, and board below was created some years ago by a few ntek promoters banned by a couple of other stock boards. They created this complete ripoff of another website and only allow positive pumping posts. Any thing not positive about ntek gets deleted and people get attacked.

Here is a classic example of a scam ceo creating excuses for himself and giving himself an out to cover up what criminal deals he can do. This was one of the only boards foley posted to. They said there was some sort of private board, but no idea.
It is a known red flag when a so-called ceo posts to a stock tout board. Foley literally told all shareholders to go screw themselves and that they were the blame for all his troubles. This is complete and utter nonsense by foley. How would you like to have 'invested' over 10,000.00 into nanotech entertainment stock, only to have a ex-con felon tell you it's YOUR fault his company is a failure right after promising you no reverse split, then he goes ahead and does it. Your 10 grand got reduced to 10 dollars in your account, the stock is selling at sub penny AND you have to sit and watch the felon sell HIS stock that he got for free years ago, even at sub penny, he's making thousands a week. He NEVER paid for his stock. You did. And the felon blames YOU.

Got to love the pinks.

https://investorshangout.com/post/view?id=5046057

"You people are starved for information, but given any information what happens is a bunch of childish actions are taken which often can jeopardize the company and its deals. In the past when deals where being negotiated with studios, we had shareholders bombarding the studio with questions about the deal.

Information about our funding was illegally leaked last year including contact information for one of the people in the funding group. On multiple occasions we have directly instructed people not to reach out to them and harass them as it doesn't help our dealings. The last thing that anyone doing business with any company is for a bunch of rabid shareholders peppering them with inane questions like "is it true" "is this happening" Despite my multiple pleas for people to not do this to Bridgeport they continue to be hounded by shareholders asking the same thing over and over again and they are getting annoyed.

Two things are for sure, we have a commitment for them for $21M investment and NTEK will never again provide any information about any deals, any forward looking plans or any possible partners as all that will happen is that those people will be non stop bombarded by shareholders and that does nothing but make our job harder."

Hi Wizard. Thought I'd do a small update on ntek/ntgl.
-Ntgl business license is revoked in Nevada as we know. NTEK let it business licenses lapse in California and Nevada, Nevada just recently for the third time?

-Nanotech Entertainment was recently evicted from Kruse dr. It's 4K studio location where the remastering was supposed to be performed.
-No real verifiable new address, searches point to numerous UPS boxes and virtual office rentals.
-Da-ve f-o-l-ey let his home in San Jose be put up for auction forfeiture.
-His wife is filing what looks like a phony BK and it allowed them perhaps to delay all creditors for the time being. It is proposed that he will cancel the BK once he ducks all the other lawsuits against nanotech and him.
-3 people and soon to be more of nanotech's previous employees are suing f-o-l-ey and nanotech for breach of contract and wages not paid for years. It is known they won all their cases very recently. Get in line, f-o-l-ey has never paid a winning lawsuit damage fine against him and never complied to a single court mandated agreement to pay or perform. Dating back to the ultracade days. He chose prison and may not have paid a dime in penalties levied.
-11 known corporate lawsuits still active today against nanotech for breach of contract and non payment of fees and agreements.
-Ultraflix, a alleged streaming media app, actually a old android phone app reborn has not been available on any platform of any kind for almost a year, and just recently, somebody has paid some listing fees to one or two platforms, google play and maybe roku. Otherwise, if one removes Ultraflix right now, they might not get
to download it again.
-Ultraflix version 3.0 was claimed finished and going to platforms in spring 2015. Ultraflix version 3.0 is no where to be found.
-Ultraflix was created as a incorporation maybe 2 years ago and also has gone default in it's Nevada business license.
I have no good news about nanotech and that's not my fault.

And semi related news, still listed as an officer of ntgl, Hightower was released from his most recent job, I don't know why, but appears to be unemployed yet again. We've all been there at one time or another.
To his credit, he has tried to distance himself from ntek and everything f-o-l-ey since then. Since I believe AH had more coding smarts than f-o-ley ever did, he'll probably be okay.
But the more f-o-l-ey buries himself and nanotech in lawsuits, it's probably only a matter of time that AH will hear from the authorities yet again.

Quote: sammydv

And semi related news, still listed as an officer of ntgl, Hightower was released from his most recent job, I don't know why, but appears to be unemployed yet again. We've all been there at one time or another.

"news" -- chuckle. Don't give yourself too much credibility there. This forum has fewer chumps than iHub.

I sometimes wonder about NTEK, but I'm usually away from the computer at those times. I see NTEK is trading at 0.0048. If all the licenses lapsed and there is no physical presence, how is it that there is still a ticker? The last time I checked the market cap, it was a few million. Now it is just over $800,000. Is that based in the value of its IP?

Quote: Wizard

I sometimes wonder about NTEK, but I'm usually away from the computer at those times. I see NTEK is trading at 0.0048. If all the licenses lapsed and there is no physical presence, how is it that there is still a ticker? The last time I checked the market cap, it was a few million. Now it is just over $800,000. Is that based in the value of its IP?

The market cap is based on the amount the last share sold for times the issued shares. If no one is willing to buy a share at this time, the market value will stay the same. No one is looking at this stock for value, they are just speculating that maybe someone would be willing to pay a fraction more than what they are paying for it.

Quote: DRich

The market cap is based on the amount the last share sold for times the issued shares. If no one is willing to buy a share at this time, the market value will stay the same. No one is looking at this stock for value, they are just speculating that maybe someone would be willing to pay a fraction more than what they are paying for it.

Couldn't a couple stock holders just buy one share for $1, which would increase value, at least perceived value, by 200x?

At what point does YAHOO just quit listing a stock?

Quote: Wizard

Couldn't a couple stock holders just buy one share for $1, which would increase value, at least perceived value, by 200x?

No. If a stock is publicly traded and as an example the last trade was a penny, then there are buy orders in (likely) for .95 cents and sell orders in for 1.05 cents. The person wanting to buy a share would get the 1.05 cents shares before the person trying to sell for $1.

Quote: SOOPOO

No. If a stock is publicly traded and as an example the last trade was a penny, then there are buy orders in (likely) for .95 cents and sell orders in for 1.05 cents. The person wanting to buy a share would get the 1.05 cents shares before the person trying to sell for $1.

I'm not sure what to ask, but comments have been made that these pink stocks don't trade by the conventional market, but person to person. I still don't understand how its done. I got the impression from Wolf of Wall Street that the buyer and seller had to make a direct deal, as opposed to a true market, thus the reason the brokers got 100% commissions.

If there is no activity on a stock, I think the value should be set to what the lowest offer is to buy the stock is, not the last transaction. As they say, something is worth what you can get someone else to pay for it.

Quote: Wizard

I'm not sure what to ask, but comments have been made that these pink stocks don't trade by the conventional market, but person to person. I still don't understand how its done. I got the impression from Wolf of Wall Street that the buyer and seller had to make a direct deal, as opposed to a true market, thus the reason the brokers got 100% commissions.

If there is no activity on a stock, I think the value should be set to what the lowest offer is to buy the stock is, not the last transaction. As they say, something is worth what you can get someone else to pay for it.

Mike, this might help explain OTC & pink sheeet stocks:

https://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp

My only experience was that I worked for a company that gave me stock options for one million shares at 2.6 cents. The stock went as high as 48 cents and then to zero.

Quote: DRich

Mike, this might help explain OTC & pink sheeet stocks:

That link mentioned different tiers for the pink sheet companies. Which tier is NTEK in?

Quote: Wizard

I'm not sure what to ask, but comments have been made that these pink stocks don't trade by the conventional market, but person to person. I still don't understand how its done. I got the impression from Wolf of Wall Street that the buyer and seller had to make a direct deal, as opposed to a true market, thus the reason the brokers got 100% commissions.

If there is no activity on a stock, I think the value should be set to what the lowest offer is to buy the stock is, not the last transaction. As they say, something is worth what you can get someone else to pay for it.

I think you mean highest offer to buy. But you could also say lowest offer to sell. When those two numbers don’t overlap there’s not a trade. When they sufficiently overlap, there is a trade with the man in the middle taking the spread of the “sufficient overlap.”

Quote: unJon

I think you mean highest offer to buy. But you could also say lowest offer to sell. When those two numbers don’t overlap there’s not a trade. When they sufficiently overlap, there is a trade with the man in the middle taking the spread of the “sufficient overlap.”

You're right.

Quote: Wizard

That link mentioned different tiers for the pink sheet companies. Which tier is NTEK in?

According to this:

https://www.otcmarkets.com/stock/NTEK/overview

Dark/Defunct, Toxic, Caveat Emptor.

No report submitted since March 2017.

Quote: Mission146

Dark/Defunct, Toxic, Caveat Emptor.

Then why is the stock price going up and down every day? Every transaction has a buyer, which means people out there are buying it. Something about this just doesn't make sense to me. The only logical explanation is the company still holds value.

Quote: Wizard

Then why is the stock price going up and down every day? Every transaction has a buyer, which means people out there are buying it. Something about this just doesn't make sense to me. The only logical explanation is the company still holds value.

If you check this out:

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

It seems that many of the transactions are not for any substantial sum of money. One of the posts says a transaction was for less than a dollar.

Anyway, the company does not have any real value, unless there is some possible value in the name, I guess.

What doesn’t make sense to me is Sears with a Market Cap of more than $0. Except, people are speculating, some people are shorting it and others still don’t realize common shareholders will almost certainly get nothing if they emerge from bankruptcy. Common shareholders will definitely get nothing if they liquidate.

The liabilities for Sears are over 1.5x the assets, AND they’ve entered bankruptcy to avoid maturity on a note. It should be game over, but there’s an off chance they’ll emerge as a smaller retailer. If they did that, new stock would be issued to the creditors, who would become the owners, and common shareholders who still have stock would get nothing.

Anyway, the presupposition that a company actually has value often has nothing to do with people buying stock. Lots of stuff goes on in the OTC market, you have to understand. Lots of the sales are shill sales to try to get the price pumped, not saying that’s what’s happening here.

Quote: Mission146

What doesn’t make sense to me is Sears with a Market Cap of more than $0. Except, people are speculating, some people are shorting it and others still don’t realize common shareholders will almost certainly get nothing if they emerge from bankruptcy. Common shareholders will definitely get nothing if they liquidate.

The liabilities for Sears are over 1.5x the assets, AND they’ve entered bankruptcy to avoid maturity on a note. It should be game over, but there’s an off chance they’ll emerge as a smaller retailer. If they did that, new stock would be issued to the creditors, who would become the owners, and common shareholders who still have stock would get nothing.

Anyway, the presupposition that a company actually has value often has nothing to do with people buying stock. Lots of stuff goes on in the OTC market, you have to understand. Lots of the sales are shill sales to try to get the price pumped, not saying that’s what’s happening here.

It’s common for the stock of a company in chapter 11 to keep trading on pink sheets. I think some people just don’t get what it means for equity for the company to be in a chapter 11. Shorts usually go through the roof, but shorts cost to carry, and there isn’t a ton to be made when the stock is at pennies, and bankruptcy could take a long time to officially wipe the equity, so shorts just won’t drive it to zero.

What does it take for the fat lady to sing and the price falls to zero or the stock symbol is delisted?

Quote: Wizard

What does it take for the fat lady to sing and the price falls to zero or the stock symbol is delisted?

The stock is already “delisted” if it’s trading over the counter. At that point it’s just market makers (banks, brokerages) listing quotes, there’s no “exchange”. Those folk won’t quit listing quotes so long as there’s money to be made doing so (by picking up the bid/ask spread on trades). The company itself can stop the quote listings, but don’t usually bother. The fat lady sings when some sort of insolvency process (federal bankruptcy, state law dissolution) concludes and actually cancels the stock.