Nascent Wine Co. Inc. (NCTW)

[jocust]

SANDRO IS ALIVE AND WELL and is a "Mexpert" as an Amazon Mexico franchise

Looks like Sandro reinvented himself and is alive and well and started a franchise with Amazon Mexico. He has a comapny called "Mexico Sales Made Easy" Here is the link: http://www.mexicosalesmadeeasy.com/msme/

It even has a picture of him with some of his old Nascent logos. He is adverising himself as a "Mexpert". Here is his profile in the advertisement:

"Sandro Piancone is the Chief 'Mexpert' Officer of Mexico Sales Made Easy. What is a Mexpert you ask? The leading authority in doing business in Mexico, relied on by some of the world’s largest companies, for a step by step process and successful export of consumer packaged goods into the Mexican marketplace without lawyers, or international trade hassles-guaranteed.

He sits on several boards and consults on trademark issues, labeling requirements, Mexico import permits, and sales and marketing strategies.

Since 1998, Sandro has generated well over 500 million dollars in sales and profits for his clients and partners helping them export their products into Mexico.

Mr. Piancone is a serial entrepreneur, international business consultant and “recovering” CEO of a publicly traded specialty foods distribution company in Mexico. 'I introduced a number of U.S. brands to Mexico and built them into multi-million dollar brands for U.S. companies that had no previous experience exporting to Mexico. Brands such as: [ images of brand logos ].'
His team shares his insistence on timely communication, quick turn-around times, flawless execution of tasks and first-rate customer service. And they all speak excellent English! They are experienced entrepreneurs who get things right the first time.

Do you have questions about our services? Contact [e-mail] by email, and they will get back to you promptly."

[jocust]

hello Mahi Mahi...yes I am alive and living in the Virgin Islands...i see NCTW is still crashed. I lost about 12 grand on it way back when...

[Renee]

NCTW SEC Suspension because of questions regarding the adequacy and accuracy of information about the company.

https://www.sec.gov/litigation/suspensions/2020/34-88381.pdf

Order:

https://www.sec.gov/litigation/suspensions/2020/34-88381-o.pdf

[buywhenhurt]

Interesting buying in NCTW today? New HOD late in the day at $0.0012. Who's accumulating?

Nascent Wine Co Inc.

[mahi mahi man]

REGREP, are you still buying...…..???

[mahi mahi man]

REGRREP, what has your research found out re NCTW..???????

[regrep]

Does anyone know if Sandro is alive. If so any involvement with this company

[mahi mahi man]

REGREP, ARE YOU STILL WITH US...…….???

[mahi mahi man]

Regrep, when you talk to Sandro be sure to let us know what he had to say...??

[mahi mahi man]

Regrep, I just found some more info..

Nascent food service, Nascent Wine Co Inc

2355 Paseo De Las Americas, San Diego, CA 92154-5221

Pancone Group International, Inc 619-661-0458

[mahi mahi man]

Regrep, I also have the name Commercial Targa on my notes...…??

[mahi mahi man]

Regrep, here is some info that may be of interest to you...……

www.nerysusa.com

www.nascentfoodservice.com

Corporate office: 774 Mays, #10-450, Incline Village, NV 89451

775-338-7060

[e-mail]

Headquarters: 1872 Nirvana Ave, Chula Vista, CA 91911

www.neryslogistics.com

FBI/PHX: 21711 N 7th Street, Phoenix, AZ 85024

FBI/SAN: 10385 Vista Sorrento Pkwy, San Diego, CA 92121

FBI/LAS: 1787 West Lake Mead Blvd, Las Vegas, NV 89106-2135

SEC: Division of Corporate Finance, 100 F Street NE, Washington DC 20549

I am not sure how up to date all this is but hope it helps.

Good luck in tracking down Sandro Piancone.

Keep us posted RE your findings. Good Luck...MMM

[mahi mahi man]

Regrep, if you are financially involved in NTCW and wonder what has happened to you investment may I suggest you go back to post #223 and read all the way through to your own post #340.
It is a lot of reading but you may glean some of the info you are seeking.
Something fishy going on here particularly that the stock is still trading.
There have been a lot of letters written to the SEC and FBI but not much happening.

I hope this helps and you can enlighten us all with some good research.
Best of luck and keep us posted...…..MMM

[regrep]

Very big move coming. I own over 1% of float.

Anyone know Sandros' phone number or emai

[makinezmoney]

$NCTW: Going now..... $0.0015


Something is up


$NCTW

[makinezmoney]

$NCTW: Some small action right now .... $0.0009

What is UP ?


NCTW

[Value_Investor]

Yes. The stock should be canceled by the SEC very soon. Huge risk here due to "Permanently Revoked" status! Anyway the 40-Bagger quick rally within a day is very impressive! The similar SS peer VGTL is still trading at joke low 0.0003 now...

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=nByrcF39pnqKz7u9Rj0nIw%253d%253d&nt7=0

Also "Caveat Emptor" sign was labeled with NCTW! Buyers beware!

https://www.otcmarkets.com/stock/NCTW/quote

I would only buy it at the 0.0001 Bottom due to extremely high risk!

[baja863]

You trying to load too huh lol

[DaReal]

NVSOS Status -> Permanently Revoked

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=nByrcF39pnqKz7u9Rj0nIw%253d%253d&nt7=0

GL

[baja863]

I'm trying lol

[pennylover]

Grab the dip.No shares with 35 mil float.MM need shares here.Hold on.

[baja863]

Hmmm to take a starter or not? $NCTW

[buxmaker]

Another big day ahead for NCTW? Any idea where this is headed?

[tonyo524]

Caveat Emptor sign just placed on OTC Markets!

[GoodWill]

Which broker you use to buy here?

[GoodWill]

Howdy! $NCTW

[INTHEKNOW1]

GOT FEW 3 AND SOME 4's AT CLOSE

[INTHEKNOW1]

IM A GAMBLER..COUNT ME IN TOMORROW.

[$on_myMind]

grabbing some nctw in the am for sure! crazy float and ss

[TheFinalCD]

NCTW WAS .0001X.001, WAS ON MY SPREED SHEET,

I HAVE 195M AS AND 87M OS MARKED DOWN

FEEL FREE TO CALL THEIR TA= PACIFIC

[$treet Trader]

NITE your in trouble

[$treet Trader]

NCTW .004 nite gonna be short tomorrow

[Coniba]

Volume coming in. Interesting to see if something comes out ah

[buxmaker]

What is the deal with all of the 10200 share trades? I have seen that in several stocks lately. Is that some kind of signal between MMs?

[$treet Trader]

NCTW .004 only 35 mil float MJ?

CEO Victor Petrone, is also with PFWI.
-PFWI had news in Feb that they are going into MMJ business.

Could NCTW be doing the same?

from transfer agent NCTW only has 35 million float.
a/s-195,000,000
o/s-87,502,190
restricted-51,661,825

[ClearlyStocks]

People keep buying... wtf

[TheFinalCD]

WOW

[pennylover]

NITE going to freak out. No shares left.

[buxmaker]

.oo4's are getting pounded. This thing looks ready for takeoff.

[buxmaker]

NITE moved off of .003 on NCTW, starting to run now.

[buxmaker]

Wow, tiny float. If NITE would get out of the way, this thing might really take off.

[pennylover]

Only 35 million float. just called transfer agent..wow

[buxmaker]

That would be huge. Something big must be up with NCTW, the stock has been dead for months.

[pennylover]

What is going on with this?
I saw the CEO Victor Petrone, is also with PFWI.
-They had news in Feb that they are going into MMJ business.

Could NCTW be doing the same?

[Coniba]

no idea. caught my attention too. Up 2900% and no buzz anywhere. Usually a good sign for it to keep going ... lol

[buxmaker]

What is up with NCTW? Lots of buying today.

[Coniba]

Interesting action here

[jocust]

I ask the group this question:

How is it possible for John Cathart to pay not a dime to Nascent investors for his acquisition of a Nascent asset [ although I admit it was a financial sham due to Sandro's mismanagement ] and then for 5 years being able to operate such an asset to make cheese for his Little Caesar's Pizza franchise and for which the court will allow him to operate "in good faith" until the court ordered surrender and transfer of of the Targa stock to Genesis Merchant [ who financed Sandro's original purchase of Targa ] is completed??

WHere is our share??

[jocust]

According to the court record Sandro misrepresented to Cathart the financial status of Targa at the time of the SPA:

"As found above, Genesis stands in the shoes of Nascent [ as its legal "assignee" - jocust ] , and is subject to the defenses Nery’s has against Nascent. The court concludes Nascent materially breached the SPA it entered into with Nery’s and, furthermore, the breaches were immediate upon execution of the SPA. The breach was multifaceted, consisting of several failures by Nascent, many of which would serve as an independent basis for breach.
Nascent represented that the accounts payable (interchangeable with
“liabilities”) did not exceed $150,000. In truth, total liabilities claims exceeded over $800,000, over $550,000 of which were paid or negotiated by Nery’s.

Within two months of executing the SPA, Nery’s first learned of pre-existing liabilities exceeding $300,000 over and above the $149,000 disclosed bank liabilities earlier incurred by Targa to purchase product. The misrepresentations regarding accounts payable/liabilities by Nascent were grossly negligent,2 if not reckless, and consisted of a material breach of the contract excusing further
performance by Nery’s, and independently constituting a basis for rescission.

Nascent further represented in the SPA that all of Targa’s accounts
receivable were collectible. In truth and in fact, they were not and, under the circumstances of Nery’s acquiring Targa on such a precarious basis with only $300,000 cash to resurrect the moribund Targa, this misrepresentation constituted a material breach and was sufficient to justify rescission.

Nascent further represented in the SPA that all labor costs and liabilities were paid and/or fully funded. In truth and in fact, they were not and, given that almost $50,000 was due under the circumstances discussed above, this misrepresentation constituted a material breach and was sufficient to justify rescission.
In addition, Nascent represented that no tax liabilities or liens existed. In truth and in fact, at the time the parties entered into the SPA, approximately $285,000 of such obligations of Targa existed, constituting another grossly negligent or reckless misrepresentation by Nascent which was material at the time of contract formation and sufficient for rescission by Nery’s.
Nascent also represented in the SPA that it would defend, indemnify, and hold harmless Nery’s for any loss or liability resulting from a breach of any representation or warranty of the SPA. It is fair to say that this promise, so important to Nery’s as it provided for Nery’s’ sole recourse, was itself breached when Nascent was unable to reimburse Nery’s for the most minimal undisclosed pre-existing liabilities such as product arrearages to vendors and “front door demands” for past taxes due to be paid in cash. As Cathcart attempted to pass those bills, statements, and demands for payment directly to Nascent through Piancone and Alvarez, Nascent declared its inability to indemnify in even the smallest amounts. The misrepresentations related to indemnification were, under the circumstances, unconscionable on the party Nascent, and the indemnification remedy itself totally illusory and fictional. All of those representations were material and of themselves sufficient to justify rescission. Further material breaches were committed by Nascent regarding the transfer of taxes due by Targa.

The parties have acknowledged that Nascent’s breaches were immediate and material."

[jocust]

another interesting fact: According to the discovery documents right after the "Stock Purchase Agreement" between Sandro and Cathart/Nery's Nery's entered into a new business arrangement with Targa:

"in October 2010, after the SPA was signed and the assignment of the 2nd Note to Plaintiff, Nery's and Targa entered into an agreement with BL/LC."

Note: BL/LC is Cathart's "Blue Line" ("BL") and Little Caesars ("LC")

Cathart has been operating the Targa asset for 5 years (the Stock Purchase Agreement between Nascemt and Nery's was executed in February 2010 ) at a profit while reneging on the agreement to pay anything on the promissory note it gave to Nascent. In addition to this Cathart is getting "damages" from Genesis as Nasent's assignee for $46,250 and a hefty $539,711.07 for Cathart's legal costs awarded by the court by the terms of the Stock Purchase Agreement.

Little was said by the court during the proceedings about the Nery's/Targa Little Caesears/Blue Line deal that occurred shoertly after the Stock Purchase agreement was executed. The court considered this to be "business confidential" and subject to a protective order.

All of this seems to support the fact that Sandro may be now at the helm of Little Caesars/Blue Line as some on this Board have suggested.

We may never know the truth!