NanoTech Entertainment Inc (NTEK)

[DangFool]

It's worse than that.

If, as has been reported by some here, that Bridgeport/Smaran note describing the imminent injection of $21 million into NTEK can't be real, because (a) the company doesn't exist, or (b) the signer was not involved with the company on that date, then it might be evidence of criminal fraud.

That is, did NTEK provide that piece of paper to Gulas to convince him that NTEK was legit, or did they provide it to him so that he, in turn, could try to convince Paramount not to pull their titles? In the latter case, maybe Gulas was aware of the deception, or maybe he wasn't. Either way, that's fraudulent, and the letter would represent forgery, to boot.

It might yet be relatively benign, but their pleas to seal the evidence really seem to come down to nothing more than "Hey, that stuff makes me look like a criminal! No fair using it!".