Newtech Resources (fka NTHR)

[Renee]

NTHR revoked:

http://www.sec.gov/litigation/admin/2014/34-71336.pdf

[Renee]

NTHR: SEC Admin Law Judge comments:

http://www.sec.gov/alj/aljorders/2013/ap-1024.pdf

[BCNstocks]

NTHR SEC suspension. This really sucks for the person that was buying this at .02 on October 9th >>>

http://www.sec.gov/litigation/suspensions/2013/34-70721.pdf

Order:

http://www.sec.gov/litigation/suspensions/2013/34-70721-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2013/34-70722.pdf

HDOGTX Member Level
Wednesday, 10/09/13 03:40:46 PM
Re: cucpa post# 66
Post # of 97

NTHR CEO Merger Specialist

Mr. Dalmata has been engaged as an independent consultant for over ten years, based in Zurich, Switzerland, he specializes in mergers and acquisitions, corporate finance, private equity, and project management. Prior to his current occupation, he was the Executive VP of Finance of the Siber Hegner Group, an international trading house with 1,700 employees. Prior to that he was an Associate Director of what was then UBS (Securities) Ltd., the London-based investment bank of UBS. He has over thirty years of experience working in various capacities in the banking and corporate sector

NTHR Security Details
Share Structure
Market Value1 $59,374 a/o Oct 08, 2013
Shares Outstanding 29,686,996
Authorized Shares 30,000,000

[Renee]

NTHR SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-70721.pdf

Order:

http://www.sec.gov/litigation/suspensions/2013/34-70721-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2013/34-70722.pdf

[jtomm]

Hdogtx, I was able to find the info that you posted from other boards, just to refresh your memory:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92869592

[GoPenny]

hmmmmmmmmm. Really does not look good. I was hoping there was some substance to what was initially posted.

[retireat40]

Shocked? This ran on crap DD. Why people rely on others "DD" is beyond me. Literally 5 minutes of searching proved all the DD to be dead wrong.

[retireat40]

Wrong once again...

[retireat40]

Outdated "DD". Same a TXH*. CEO has been in place for 4-5 years but it was spun as a "new development" and that the "new " CEO is R/M specialist. Same crap, different day...

[retireat40]

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

(b) Effective September 8, 2008, the board of directors of Newtech Resources Ltd. (the “Company”) accepted the resignation of Nora Coccaro as a director of the Company and as the Company’s chief executive officer, chief financial officer, and principal accounting officer.
(c) Effective September 8, 2008, the board of directors of the Company appointed Kurt Dalmata as the Company’s chief executive officer, chief financial officer, and principal accounting officer.

He took over 5 years ago. This is NOT new info.

[retireat40]

That's the M.O. of the person who brought this to our attention. He has a history of false DD stocks.

[Penny Stocks 2.0]

Exactly....this will go.

[jtomm]

False Information Posted -- A Review

False information on this stock was simply copied and pasted from previous posts; there was absolutely no due diligence done. (As I noted yesterday, Nora Coccaro resigned from the company is 2008 and the company's current status is revoked.)

All the wild speculation and crazy runup was started by a single false post yesterday claiming that Nora Coccaro had taken over the shell:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92828215

Note the second paragraph ("The Nora lady is pretty big time ...") with all of its abbreviations and misspelling of Uruguay. That is simply copied and pasted from the middle of this post nearly 2 years ago:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70293430

The other part of yesterday's initial post that gave all the info about previous companies was simply copied and pasted from this post from January 2012:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70914538

The same info was then posted again in January 2013:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83505031

Later in the day, another post was made regarding the share structure. Read the first paragraph. Notice the abbreviations and even the misspelling of the word "once" when it was meant to be "one" :

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92843521

That was simply copied and pasted from this post in Dec 2011. Again, notice the exact abbreviations and misspelling:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69558609

More than a million shares of this stock were purchased on 9/27/13. My trading software shows 250,000 shares bought @ .001, and 760,000 shares bought at .0011.

Absolutely nothing has happened with this company, other than the false post on Ihub to start the frenzy.

[Penny Stocks 2.0]

I see a run to .05 fast...just need a few hits

[MonsterArmy]

Huge bids support...and asks so thin to get back to yesterday high @.02

[HanisT]

That's my thinking. A lot of people bought in at a much higher price yesterday and judging by how thin this is a move back up could be really quick on not much volume.

[Penny Stocks 2.0]

Could see a bounce here....

[HanisT]

Looks like the bids are building up.

[Penny Stocks 2.0]

What a joke....

[Rainer]

Oh, to be a fly on that guy's monitor....

[Aduke]

Would you come out at this time to share your story? Maybe he'll show up later if it turns out that he is a winner.

[Rainer]

Well i wish the $4k .02 buyer would come out and speak, introduce himself and share his story.

[Aduke]

I think people got scared when they checked out the DD, and ran for the exits, not knowing what tomorrow holds.

[Rainer]

I know. Trying to look on the bright side. I'm shocked by end of day action.

[Aduke]

it's still up 50% for the day

Ummm ... That's for those who bought prior to today. Very few shares traded under $0.0030 today.

[Rainer]

Today's whacking one of the most senseless things I've seen in awhile. I have to imagine whoever sold, sold at a loss.

[Rainer]

Holding. Hey, it's still up 50% for the day.

[jtomm]

That's nothing new. Dalmata has been CEO since 2008:

http://www.sec.gov/Archives/edgar/data/1080001/000121152408000262/newtech8k.htm

There is no publicly available information that shows ANY cause for excitement.

The company was reinstated with Nevada SOS in 2011 -- so what? It's nearly 2014. The current status is revoked and it needs to be reinstated again to pay for 2012, and 2013:

http://nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=9wXcd79co5LBZ8w4QbwsXw%253d%253d

[HDOGTX]

NTHR CEO Merger Specialist

Mr. Dalmata has been engaged as an independent consultant for over ten years, based in Zurich, Switzerland, he specializes in mergers and acquisitions, corporate finance, private equity, and project management. Prior to his current occupation, he was the Executive VP of Finance of the Siber Hegner Group, an international trading house with 1,700 employees. Prior to that he was an Associate Director of what was then UBS (Securities) Ltd., the London-based investment bank of UBS. He has over thirty years of experience working in various capacities in the banking and corporate sector

NTHR Security Details
Share Structure
Market Value1 $59,374 a/o Oct 08, 2013
Shares Outstanding 29,686,996
Authorized Shares 30,000,000

[cucpa]

The SS is very desirable for sure!

[cucpa]

I missed the reinstatement, that would change things imo.

[HDOGTX]

I dont recall seeing a AS of 30 mil on a co like this. Almost like once of those old big board stocks.

Remember this was a otcbb prior to becoming dark. In all likelihood its going to start filing again. A lot more worth in at reporting shell than a pink. Plus this never was used for a RM or a co.Was also reinstated back in 2011, so its very viable rm candidate.

[cucpa]

I think thats the sound of this one going down the drain. Hope it turns out good for all involved. The dd from the beginning was pretty bad stuff and someone put $4,000 in bc of it imo.

[HDOGTX]

(whale whistle sound)

[Penny Stocks 2.0]

Im dying need help.

[HanisT]

Not good at all. I'll chalk this one up as a major loss...

[HDOGTX]

wacktardson & friends.....

[BCNstocks]

NTHR .0025 ~ this is not good for the people that bought in pennies today. Reminds me of DKAM.

[Rainer]

Ouch.

[cucpa]

This is a low floater for sure, but a few ppl got screwed today bc of some bad dd. Hope no one lost a lot on this one.

[Rainer]

Who's whacking?

[Penny Stocks 2.0]

HDOG whats the deal here.

[cucpa]

I hope this goes somewhere. Looks a lil dormant right now. Maybe afternoon volume?

[Penny Stocks 2.0]

L2 Thinned nicely...

[jtomm]

Okay, I read it. It's a post from 2011.

The company's status is still revoked and the last SEC filing was in 2009. Why all the sudden optimism today?

[Penny Stocks 2.0]

.01 about to fall.

[HDOGTX]

see post #22

[jtomm]

Sounds like whoever posted the info on that board had some old info because this company's status is revoked by Nevada SOS and last SEC filing was in 2009:

http://www.sec.gov/cgi-bin/browse-edgar?company=newtech%20res&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany

Nothing on otcmarkets site either

[Penny Stocks 2.0]

Looking Good Dog, Grabbed me a Starter

[HDOGTX]

Doing DD on Kurt Dalmata who is also associated with HDRX and found that he is also involved with NTHR, the info I found was posted on that board

Mr. Dalmata has been engaged as an independent consultant for over ten years, based in Zurich, Switzerland, he specializes in mergers and acquisitions, corporate finance, private equity, and project management. Prior to his current occupation, he was the Executive VP of Finance of the Siber Hegner Group, an international trading house with 1,700 employees. Prior to that he was an Associate Director of what was then UBS (Securities) Ltd., the London-based investment bank of UBS. He has over thirty years of experience working in various capacities in the banking and corporate sector