I believe what I read in a Federal Complaint!

SEC V. Philip M Verges ( aka “The Scourge” )

From at least June 2017 to June 2022, Defendants—led by Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Case 3:23-cv-02146-D Document 1 Filed 09/26/23 Page 1 of 29 PageID 1 2 Malin), Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”). The Nominees ultimately received at least 5.2 billion shares of stock in the PSCs at an 86.64% discount and then proceeded to dump those shares into the market. Blue Citi, Tilton, and JDT alone generated more than $52 million in trading proceeds.

Looks like the SEC has had enough of Philip M Verges's business manipulations and scamming. You
like a lot of other gullible people thought the world of Philip Verges and now, are embarrassed for carrying his water.

Good idea!

Thank you, Janice. Philip M. Verges has been doing this for years. He is one bad person! I will be sending the SEC Team some additional information.

You may find this interesting:

Philip Verges, James D. Tilton, Jr., Robert F. Malin, Linda Malin, and Blue Citi, LLC, Defendants, and SMEA2Z, LLC, 143 Partners LLC, West Cucharras, LLC, and JDT Trading, LLC, Relief Defendants

U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 25853/ September 26, 2023

Securities and Exchange Commission v. Philip Verges, James D. Tilton, Jr., Robert F. Malin, Linda Malin, and Blue Citi, LLC, Defendants, and SMEA2Z, LLC, 143 Partners LLC, West Cucharras, LLC, and JDT Trading, LLC, Relief Defendants, >No. 3:23:cv-02146 (N.D. Tex. filed Sept. 26, 2023)

SEC Charges Five Defendants in Penny Stock Fraud Scheme

https://www.sec.gov/litigation/litreleases/lr-25853

The complaint:

https://www.sec.gov/files/litigation/complaints/2023/comp25853.pdf

I personally think that if anybody can resurrect this company from out of the ashes of ignominious failure it will be Philip M. Verges.

Where is Philip M. Verges in 2021 ???

Inquiring minds and defrauded investors want to know.

Is Hudon Fulton still in business?

Lol, you believe what you read from Ihub boards??? That's all that needs to be said...Lmfao, really, Ihub..lol

None of this has nothing to do with PURA. Its non proven speculation. We went through this BS before, nothing was ever produced that theses scumbags are involved here. Facts are not shown within your statements anywhere.

PV has a NEW Company

VERGES PHILIP
Active Dallas, TX — Manager for Nmex Partners LLC
https://www.bizapedia.com/tx/143-partners-llc.html

What's all this have to do with Philip M Verges or Philip Rauch??

ITEM 10. RECENT SALES OF UNREGISTERED SECURITIES.


The following information represents securities sold by the Company within the past three years which were not registered under the Securities Act. Included are sales of reacquired securities, as well as new issues, securities issued in exchange for property, services, or other securities, and new securities resulting from the modification of outstanding securities.



? On 26 January 2018 the Company agreed to issue $1,200,000 in shares of our common stock, valued as of that date, to Jason Remillard under the transaction in which we acquired substantially all of the assets of Myriad Software Productions, LLC. This equated to 1,200,000,000 shares of our common stock, none of which have been issued to Mr. Remillard. The issuance was exempt under Section 4(a)(2) of the Securities Act.


35




? On or about February 6, 2018, the Company entered into a Securities Purchase Agreement (the “SPA”) with Blue Citi LLC (“Blue Citi”) under which Blue Citi would purchase $500,000 in 8% interest accruing, convertible notes, maturing 18 months after issue. Subsequently, the Company and Blue Citi reached a verbal agreement to extend the SPA to $1,000,000. Each note was previously convertible at the option of Blue Citi into common shares at a 25% discount to the lowest trading price during the ten consecutive trading days immediately preceding the date of conversion. See, below, the discussion for the September 30, 2018 transactions involving the Restructuring Agreement and the Consolidated Note.

? On March 16, 2018, the Company converted $2,000 of a promissory note into 40,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On March 20, 2018, the Company converted $1,750 of a promissory note into 35,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2).

? On April 18, 2018, the Company converted $3,100 of a promissory note into 62,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On April 19, 2018, the Company converted $3,150 of a promissory note into 63,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On 29 June 2018 the Company agreed to issue 100,000,000 shares of our common stock, and an additional 100,000,000 shares upon satisfaction of certain conditions, to Mr. Remillard under the transaction in which we acquired all of the shares of Data443. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? Through Data443, we have signed consulting contracts with a team of consultants and advisors, of which, four provide senior leadership to the Company in corporate development, technology development, finance, operations, and sale and marketing, with the others providing services in administration, marketing, sales, and engineering. Additionally, we engage junior and mid-level engineering consultants on a project-by-project basis to further develop technology and to implement services for prospective clients. Collectively, the team is paid approximately $200,000 each quarter. Additionally, we have granted stock and stock options to some of these consultants and advisors as part of their compensation or in lieu of cash to reduce cash outlays. Grants of stock and stock options are awarded selectively to consultants upon their start dates, and every quarter thereafter throughout the term of their engagement at a fixed dollar amount. Each grant of stock and stock options is irrevocable, and some stock grants include registration rights; however, each grant of stock is restricted until the one-year anniversary from the grant date, and each grant of stock options vests on the one-year anniversary of the grant date. For the nine-month period ended September 30, 2018: (i) 133,567,651 common shares were granted as restricted stock awards; and, (ii) options to purchase 182,550,551 common shares were granted. The exercise prices for the grants of stock options range from $0.0014 to $0.018. One of our consulting contracts is with Myriad Software. Of the shares and options reserved for consultants during the period ending September 30, 2018, approximately 36,055,901 common shares and 36,287,144 in stock options were granted to Myriad Software. Of the approximately $400,000 payable to consultants and advisors in the period ending September 30, 2018, $30,000 of the Company’s consultant expense was due to Myriad Software for services rendered by Jason Remillard during the period. None of the shares committed under this paragraph have been issued as of the date of this Statement. These shares have been recorded as common shares issuable and included in additional paid-in capital – stock subscription within our financial statements for the period ending September 30, 2018 and have not been included in the total number of issued and outstanding shares reflected herein.


36




? On July 2, 2018, the Company converted $10,000 of a promissory note into 200,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On August 9, 2018, the Company converted $5,000 of a promissory note into 100,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On September 30, 2018, the Company entered into a Debt Restructuring Agreement with Blue Citi (the “Restructuring Agreement”). Pursuant to the Restructuring Agreement, the parties agreed, among other things, to combine all of the Convertible Notes and other amounts owed to Blue Citi into a single note dated 30 September 2018 (the “Consolidated Note”). The Consolidated Note made the Convertible Notes null and void, and provided for, among other things, (i) an original principal amount of $829,680; (ii) 8% annual interest; (iii) 18-month maturity; (iv) reduction in the conversion discount from 25% to 10%, meaning that the Conversion Note, at the option of Blue Citi, is convertible into common shares at a price equal to 90% of the lowest trading price during the ten consecutive trading days immediately preceding the date of conversion; and, (v) Blue Citi waived all known and unknown breaches under the Convertible Notes. The outstanding principal for the Consolidated Note as of September 30, 2018 was $829,680. Based on this amount, and the Company’s lowest stock price of $0.0056 per share during the preceding ten day period, the Consolidated Note is convertible into approximately 148,157,143 shares of our common stock. However, the Consolidated Note contains a limiter prohibiting the holder from converting if the conversion would cause the holder to own more than 4.99% of the Company’s then outstanding common stock after giving effect to the conversion of the stock. The issuance of the Consolidated Note was exempt under Section 4(a)(2) of the Securities Act.

? On October 12, 2018, the Company issued to AFT Funding Corp. the Company’s promissory note in the amount of $110,000 in exchange for $100,000 in net proceeds. The note provides for a maturity date of July 16, 2019; 8% interest; and, the right of the holder to convert all amounts due into shares of the Company’s common stock at a price equal to 70% of the lesser of (i) the lowest price for our common stock during the 20-days preceding the conversion; or, (ii) the lowest price for our common stock for the 20-days preceding the issuance of the note. The issuance of the note was exempt under Section 4(a)(2) of the Securities Act.

? On 16 October 2018, the Company converted $20,000 of a promissory note into 400,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On 22 October 2018 the Company agreed to issue 164,533,821 shares of our common stock Modevity, LLC under the transaction in which we acquired substantially all of the assets of Modevity, LLC. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? On October 23, 2018, the Company issued to Smea2z LLC the Company’s promissory note in the amount of $220,000 in exchange for $200,000 in net proceeds. The note provides for a maturity date of July 23, 2019; 8% interest; and, the right of the holder to convert all amounts due into shares of the Company’s common stock at a price equal to 70% of the lesser of (i) the lowest price for our common stock during the 20-days preceding the conversion; or, (ii) the lowest price for our common stock for the 20-days preceding the issuance of the note. The issuance of the note was exempt under Section 4(a)(2) of the Securities Act.

? On 15 November 2018 the Company converted $5,000 of a promissory note into 100,000,000 shares of its common stock. The issuance was exempt under Section 4(a)(2) of the Securities Act.

? From October 01, 2018 through December 13, 2018, Blue Citi loaned to the Company an additional $175,000, which amount is to be added to the Consolidated Note and subject to the same terms and conditions therein. These amounts added to the Consolidated Note was exempt under Section 4(a)(2) of the Securities Act.

? On December 20, 2018 the Company issued a total of 252,016,130 restricted shares of its common stock for subscriptions of $500,000. The Company received the entire amount of the proceeds. In connection with the issuance of the shares, the Company also issued to the subscribers warrants to acquire a total of 50,403,226 shares of our common stock at a strike price of $0,003 per share, with a cashless exercise feature and a five (5) year term. The issuance was exempt under Section 4(a)(2) of the Securities Act.

This just in about China Crescent Enterprises.

CCTR's Website is up for sale too. Philip M Verges' paper
empire came crashing down. Then, why not start a new one:

hudsonfulton.com

Resurrection?


I am thinking about buying the NewMarket domain and dedicating
the site to addressing those companies involved in stock scammery.

I'm writing this to test the waters regarding my idea and if it
is worthwhile to engage in this endeavor. I think this it would
be a great sounding board.

What is your reaction to this campaign? I think a lot of people
know about Philip M Verges and all his shenanigans involving NewMarket
Technology Inc.

O Christmas Tree! O Verges Greed!

Sung to the tune "O Christmas Tree!"

O Philip Verges! O Philip Verges!
true symbol of stock scammery.
Your scamming ways,
Your greed unmatched,
You remind me of a filthy rat.

O Philip Verges! O Philip Verges!
You make the Grinch look respectable.

O Philip Verges! O Philip Verges!
NewMarket was you first desert.
You pumped and dumped,
You schemed and lied,
You created companies that
are vilified.

O Philip Verges! O Philip Verges!
Investors cringe to hear your name,
The SEC is so ashamed,
Your morality is demented.

O Christmas Tree! O Christmas Tree!
Beware Philip will steal your Green.

Keep up the good intelligence. I am also an avid follower of Philip M Verges's shenanigans. I lost money on his chicanery.

Phillip Verges is alive and well and assisting with a cluster of share selling schemes.

USMJ/PJET/PURA/KALY/ALYI/ALKM/NOUV and adding more.


He is using Larry Oakley from NEXTBIGTICKER who used to pump on Wallstreetcornerreport to pump the plays.


He even went as far as using one of his daughters college roommates as a puppet CEO for PJET.
Multiple aliases have appeared to crop up. Mike Murphree/Murphy (Murphree being his mother’s maiden name) and Jack Taylor whose name showed up on a Wallstreetcornerreport report on the now suspended Ciau.
JacksonTaylor Verges is his some but doubtful he wrote the article as he appears to be some edgy photographer living in Brooklyn.


That cluster of share selling schemes should be shut down!

So Philip's children ask Mr. Verges, why are all these people saying terrible things about you on the internet?

Philip's reply: Well children let me instruct you about the Birds and Bees of business. There are all these people inhabiting this Earth that are not as intelligent as we Verges'. Are mission on this planet is to teach and educate them on the realities of life. You will soon find that most people learn by doing or the hands on method. We will not focus are energies on instructing using the tradition method. we must turn to teaching though practical active participation or the PAP Method. Relating this to business dealings, we create companies, aggressively promote buying shares in the company while selling our shares when the price exceeds what we paid.

That concludes todays lesson. The next session will be about position yourself among notable people so others will assume your are of importance.

What has become of Philip M Verges?
Is he still alive?
Did he create too many companies?
Did he take too many companies public?
Did he cheat too many investors?
Did he use his West Point credentials to scam?
Did he dupe the United Nations to further his scam?
Did enough investors complain to finally prod the SEC?
Did his foreign investment claims prove bogus?
Did his government connections prove false?
Did his fellow Texans finally realize Philip was all talk?

Philip M Verges does NOT sell Crap.

Crap is an obscene term for “feces.” Philip M Verges does not sell or never did sell Feces. Feces is a tangible commodity, a product that is able to be traded. Philip M Verges’product was the worthless air that came out of his mouth.

Philip M Verges loves to talk and write and write and talk and write even more. Philip M Verges I believe has no moral compass and does not know right from wrong and wrong from right, just like a sociopath.

He actually worked hard at getting himself into the U.S. Military Academy to establish a credible base for his resume. It worked and the SEC gave him a pass because of it. Who wants to besmirch a West Point graduate, a veteran with credentials. But, alas Philip M Verges blew it with the SEC and thousands of investors when he created 18 companies that were failures and cost shareholders millions of dollars. The scam ran its course and now Philip M Verges is paying the piper. He lost his mansion and his reputation is in shambles.

Getting back to the crap, feces can be utilized as fertilizer to make the soil more fertile to enhance productivity. Nothing Philip M Verges speaks or writes can be used for any useful purpose.

Everyone is now distancing themselves as far from Philip M Verges as possible. He is a pariah, a business outcast, a castaway. Even the serial scammers are staying away from Philip M Verges because he has now become a lightning rod for the SEC.

To sum up what Verges was saying is this:

"I can sell my crap to poor undeveloped countries because the average citizens there don't know what good is. "Good" is a relative term, and they don't have anything "good" to compare my crap to. So even my crap looks good to them."

So Verges figures he has better odds of peddling his wares to them instead of people in the United States.

But even with his 18 companies, I don't think Verges ever sold a tangible thing in his life. He's a walking talking con man scam artist who's wasting the air we all breathe.

There is a special place in hell reserved for that animal. I can't really call him a man.

LMAO! That rap is friggin hilarious!!!

I owned this piece of shit too back in the day, but was able to sell it all (at a loss of course).

It wasn't bad enough that I also owned shares of his POS China Crescent Enterprises. In fact I still have the 600+ thousand shares in my brokerage account. The shares are worthless. Oh wait, the stock price went up 9,900% today and closed at $0.0001 so they're worth $60 (if I could trade them). The prior closing price was $0.000001 lol.

Philip M Verges epitomizes the Sadim touch

Mr. Philip M Verges is a Director at ValueRich, Inc.
OTCBB:IVA Symbol is not valid (2/6/2018)

Mr. Philip M Verges is Chairman at China Crescent Enterprises, Inc.
CCTR: OTC Pink $0.0001 (2/7/2018)

Philip M Verges is on the Board of Directors at NewMarket Latin America.
NLAI:US Ticker DELISTED https://www.bloomberg.com/quote/NLAI:US

Philip M Verges was previously employed as Chairman, President, Secretary & Treasurer by
Savanna East Africa, Inc., DALLAS, TX--(Marketwire - July 20, 2010) - Savanna East Africa, Inc. (PINKSHEETS: NVAE Symbol does not exist

Philip M Verges created the Greenfield Partnership Program and it is defunct.

Philip M Verges, the founder of the NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) GONE! For Sale is: www.newmarkettechnology.com

Philip M Verges has now created www.hudsonfulton.com

Albert Einstein famously said that the definition of insanity is doing the same thing over and over again and expecting a different result.

This could be said of the people that give investment money to
Philip M Verges.

If its to good to be True, its not True.

Here is True:
Philip M Verges is an Eagle scout.
Philip M Verges graduated from West Point.
Philip M Verges worked for Ross Perot.
Philip M Verges gathered his father, brother, sister, and wife and started a business.
Philip M Verges got his Company Newmarket Technology listed NMKT.
Philip M Verges created/principal in 18 companies. 17 of the companies don’t exist anymore.

Below are testimonials to Philip M Verges.

Anonymous said...
Phil Verges, the CEO of this company, is certainly an unethical sleazebag. Whether he's a criminal scam artist, that's for a court to decide. His m.o. seems to be to tout the stock with public press releases, while secretly diluting and selling stock in the background. He's been doing it for 8 years, covering his tracks by changing the company's name.
June 15, 2010 at 11:12 AM http://www.barelkarsan.com/2010/04/avoiding-stock-market-scams.html

Anonymous said...
I have been a shareholder for 5 years and the entire time I listen to promise after promise of dividends that never came true, unfulfilled promises of receiving stock in Philip Verges' other shell compaines, unfulfilled promises of increased share price.

Then, out of nowhere Philip Verges said the shareholders had to be more savvy and sell when the stock achieved a "milestone."

I now realize that NewMarket Technology Inc., is not what I thought it was and Philip Verges does not fit the image of a U.S. Military Academly graduate we think of.

For those that feel the same please file as I have done with the SEC.

Here is the website: https://denebleo.sec.gov/tcr/add.action?...
December 8, 2010 at 2:04 PM
http://www.barelkarsan.com/2010/04/avoiding-stock-market-scams.html

Debunking Philip M Verges

Msg # 72960 Posted 5/23/2009 8:01:10 PM by PhillyPA65


Re: I'm still lurking!!!!!!

I've been following the NMKT scam for at least 1 year.

I've watched the price drop from 40 cents to 2 cents.

I did some background research on Philip Verges and all of the companies that he has set up in Nevada.

He plays the same Pink Sheet game as Knabb and Durland.

He gets paid $250,000 per year as CEO while the share price drops every day. When the volume drys up, change the name of the company and the stock symbol and start all over again. The SEC doesn't have enough employees to check the facts on press releases issued by companies trading on the Pink Sheets. Company "officers" can release whatever they want and they can sell shares into the pump since they don't have to file with the SEC.

Stay away from all stocks in the Pink Sheets. You will lose all of your money if you attempt to invest or trade them.

Why are you pumping NMKT a few days before the 20-for-1 reverse split ?

Are you part of the Pink Sheet Criminal Ring that scammed Pegasus Wireless investors ?
https://www.investorvillage.com/mbthread.asp?mb=6523&tid=7286379&showall=1

Centric Sneaker

Philip M. Verges – Newmarket Technology, Inc. (nkmt)
Technology >> CEO Interviews >> April 21, 2008

TWST: I understand that you are doing most of your business outside of the US. Mr. Verges: That's correct. One of the things that we have discovered is, in the pursuit of introducing emerging technologies to market, that there is a technology leapfrog opportunity outside of the United States. What I mean by that is, if you have a new voice communication technology, no matter how good it may be, no matter how great a cost savings there may be, it is very difficult to introduce it into this brand name centric market space inside of North America and where many customers have already invested in legacy technologies and may not be in a position to replace them with newer, cost effective technologies. However, outside of the United States, when you are focusing in developing economies, you have an ability to introduce a new voice technology without as much emphasis on incumbent brand name technologies where legacy technology solutions may not already be in place. You also get the benefit that developing economies outside the United States have a lot more room for growth.
https://www.twst.com/interview/philip-m-verges-newmarket-technology-inc-nkmt

There is an Army of Investors wishing Philip M. Verges had been outside of the United States and away from their hard-earned money.

Philip M Verges

UNISDR Private Sector Advisory Group member Philip Verges, founder of the Small Equity Initiative, introduced UC&CS to UNISDR’s work following a presentation on public private partnerships (PPP) to reduce disaster risk at the UC&CS Third Conference of Central and South America Regions held last month in Colombia. https://www.unisdr.org/archive/20558

Philip has an abundance of disastrous experiences as delineated below.

BUT, WHAT IS THIS!

Philip Verges has been associated with eighteen companies, according to public records. The companies were formed over a eleven year period with the most recent being incorporated eight years ago in June of 2009. One of the companies is still active while the remaining seventeen are now listed as inactive.

http://www.smallequity.com/
Services for this domain have been discontinued

http://www.newmarkettechnology.com/
The domain newmarkettechnology is for sale.

NewMarket Technology Inc
1500616D:US
Ticker Delisted
USD
https://www.bloomberg.com/quote/1500616D:US

Ok, let us get the family involved. Bring in Philip’s wife Heidi Verges.

Heidi Verges Overview

Heidi Verges has been associated with three companies, according to public records. The companies were formed over a six year period with the most recent being incorporated seven years ago in June of 2010. Zero of the companies are still active while the remaining three are now listed as inactive.

Beachhead Limited Partnership
Inactive 2004 2 General Partner
A to V LLC
Inactive 2010 2 Managing Member
Vita Developments, Inc.
Inactive 2010 5 Director


https://www.corporationwiki.com/Texas/Frisco/heidi-f-verges/38772537.aspx

In Reviewing: Philip has 17 loses and 1 still alive. Heidi has 3 loses.

AND IT GETS EVEN MORE INTERESTING:

Check this out: http://www.hudsonfulton.com/pvletter

Philip M Verges’ letter asking for investor money.

“Hello -
I’m writing to my friends, family and business associates to introduce a new business venture. Together with two long-time business colleagues and literal comrades in arms, I am launching Hudson Fulton, a frontier market investment research and asset management firm.”
http://www.hudsonfulton.com/pvletter

What unmitigated, arrogant, despicable effrontery.

If Philip’s business average was converted to a baseball player statistical average, he would not be allowed to play T-ball .

Ode to Philip
(Sung to a Rappin’ Beat)

Philip is the name,
And rhetoric is my game.

I look for milestone events,
And I’ll never ever repent.
At the U.N. I spoke with passion,
But in my mind I’m cashin.
Needed to paying my rent,
I invented “frontier market” event.

Newmarket went inactive,
so I made Hudson Fulton active.
My last name is Verges, and I am hoping
you will purchase,
stocks by the thousands,
so I can keep on carousin’.


Newmarket I kept pumpin’,
But all the while I was dumpin’.

I promised to pay dividends,
to help Newmarket live again.
Trips to Asia, Africa, and China,
caused investors to whine-a, I shoulda
hussled the Carolinas.

Small Initiative Equity,
was born out of necessity.
My fund were evaporatin’,
and investors started hatin’.

While the SEC’s not looking
Boy, I was a cookin’.

Investors wanted more action,
not knowing it wasn’t my fashion.
Jive talkin made me broke,
but at least I kept my stroke.

With West Point on my resume,
the SEC did a look away.
With no control of greed,
the SEC drew a bead.
Man o’ man I got away,
creatin’ eighteen companies that
are gone today.

I figured it was time to leave,
resign and get a reprieve.

Still I love the action,
so Hudson Fulton’s my passion.

Mind boggling!!!
Oil

Philip M Verges Rhetorician Extraordinaire

NewMarket's corporate mission is to evolve the technology industry research and development (R&D) paradigm. Today, NewMarket's business model complements the corporate R&D department. In time, NewMarket plans to change the overall corporate R&D function with brand name technology companies utilizing vendor partner firms, such as NewMarket, for product innovation.
http://www.chron.com/news/article/BW-Wallst-net-Interviews-NewMarket-Technology-1480381.php

EVOLVE this PARADIGM:

Philip Verges has been associated with eighteen companies, according to public records. The companies were formed over a eleven year period with the most recent being incorporated eight years ago in June of 2009. One of the companies is still active while the remaining seventeen are now listed as inactive.
https://www.corporationwiki.com/Texas/Dallas/philip-m-verges/30671765.aspx

ASSOCIATE these companies with Philip M Verges:

Philip M Verges manipulates the markets with impunity.

DIGEMEDICAL SOLUTIONS INC.
INTERCELL CORP
IP VOICE COM INC
IP GLOBAL VOICE INC
INFOTEL TECHNOLOGIES
NEWMARKET LATIN AMERICA INC. (NLAI)
NEWMARKET TECHNOLOGY INC.
NEWMARKET HEALTH TECHNOLOGIES, INC.
RED RIVER ADVISORS, LLC
NEWMARKET INTELLECTUAL PROPERTY, INC.
NEWMARKET BROADBAND, INC.
NETSCO INC
SMALL EQUITY INITIATIVE, INC.
NEWMARKET CHINA, INC.
MEDICAL OFFICE SOFTWARE INC.
DIGITAL COMPUTER INTEGRATION INC.
LOGIC CORPORATION (CANADA)
WIRELESS FRONTIER INTERNET INC.
ES HORIZONS, INC.
NEWMARKET GREENFIELD PARTNERSHIP PROGRAM
INNOPRISE CAPITAL MANAGEMENT LLC
EVERMOBILE INC.
NEWMARKET ASIA INC.
RKM USA Corp., Inc., (RKMM)
RKM Suministros, C.A., (RKMV)
VERGETECH INC.
TWIN VEE POWERCATS INC.
S. AQUA SEMICONDUCTOR LLC
WORLDWIDE STRATEGIES INC
SILICON AQUARIUS INC
ENABLE IPC CORPORATION
SAVANNA EAST AFRICA INC
NOVA ENERGY
VALUERICH INC

http://www.bizapedia.com/people/PHILIP-VERGES.html
https://www.sec.gov/Archives/edgar/containers/fix044/1092083/0001164150-04-000183.txt
http://www.bloomberg.com/research/stocks/private/person.asp?personId=1908466&privcapId=414944
http://99wallstreet.com/discussion/tag/nwmt/comments/

Actually you can’t ASSOCIATE because they went out-of-business.

Philip M Verges. The epitome of superfluous self-aggrandizing rhetoric.

BANKRUPTCY

ProTek Capital, Inc. (PRPM): Phillip Verges $1million ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=...

Phillip Verges $1million "McMansion" FORECLOSED ... by a Deed of Trust dated April 28. 2006 (the "Deed of Trust"), Philip M. Verges and spouse, Heidi Fixler ...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=92077844


Philip Verges has been associated with eighteen companies, according to public records. The companies were formed over a eleven year period with the most recent being incorporated eight years ago in June of 2009. One of the companies is still active while the remaining seventeen are now listed as inactive.

https://www.corporationwiki.com/Texas/Dallas/philip-m-verges/30671765.aspx

(BW) Wallst.net Interviews NewMarket Technology Inc. CEO Verges; Discusses Watershed Cash Acquisition of Brazilian Tech Firm with $14 Million in 2005 Revenue

Business Editors, (c) 2006 Business Wire
Published 3:10 pm, Monday, February 27, 2006

NewMarket recently announced that it ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004.

NewMarket's revenue increased 18,082 percent during this period.
http://www.chron.com/news/article/BW-Wallst-net-Interviews-NewMarket-Technology-1480381.php

The link below has Philip Verges introducing his new company and bragging about his past business successes.
http://www.hudsonfulton.com/pvletter

Here is an excerpt from the website, “Philip’s Frontier Market business development experience is built on his founding of a technology firm in 1997 that grew to over $130 million in annual sales with the majority of sales coming from Emerging and Frontier Markets.”
I would like to examine Philip M Verges’ recollection of his past successes.

Philip M Verges’ main claim-to-fame is his flagship enterprise Newmarket Technology Inc.
Currently, Newmarket Technology Inc. stock symbol has been removed and replaced with a number (see below). Also, the abundance of zeros in the details reveals a sobering story.

651627309 NEWMARKET TECHNOLOGY INC

Last Price 0.00
Today's Change $0.00 (0.00%)
Volume 0
Bid (Size) $0.00 x0
Ask (Size) $0.00 x0
52 Week Range 0.00 – 0.00
P/E 0.00x EPS 0.000

NEW MARKET TECHNOLOGY INC (REPORTED CLOSED)
14860 Montfort Dr Ste 210, Dallas, TX 75254

http://www.citysearch.com/profile/43043706/dallas_tx/new_market_technology_inc.html

Does anyone know if this stock is a total bust? Like I have been trying to contact the company to see why I can't sell the shares, and I got an initial answer but after that none. Then my brokerage company put it at zero.

Philip Verges EntrepreNot

Philip M Verges is a principal in Hudson Fulton LLC. and is on their Website boasting of his past business successes. Well, here are a few of his “profitable” companies that still exist in the market place. The others failed and blew away like a dead tumbleweed.

WORLD SERIES OF GOLF INC COM WSGF: OTC Pink $0.001
CHINA CRESCENT ENTERPRISES INC COM CCTR: OTC Pink 0.0001
WORLD SERIES OF GOLF INC COM WSGF: OTC Pink 0.001
NORTH AMERN CANNABIS HLDGS INC COM USMJ: OTC Pink 0.0003
PROTEK CAP INC COM PRPM: OTC Pink 0.00001
NWMT, NVAE, NUBL, NLAI (gone!)


Companies Philip M Verges created, was a Principal, advisor, or had some relationship with the enterprise.

143 Partnership LLC
Beachhead Limited Partnership
China Crescent Enterprises, Inc. – trading symbol “CCTR”
Evermobile Inc.
E Z Horizons
Greenfield Partnership Program
Honduras Hope
Infotel Technologies PTE Ltd., Singapore
Innoprise Capital Management, LLC
Innoprise, Inc.
Intercell International Corp
IPVoice Communications, Inc.
Newmarket Technology Inc. - NWMT
Newmarket Asia Inc.
Newmarket Broadband Inc.
Newmarket China, Inc.
Newmarket Health Technologies Inc.
Newmarket Intellectual Property, Inc.
Newmarket Latin America, Inc.
Nova Energy, Inc. OTCQB: NVAE
NuMobile, Inc. trading symbol “NUBL”
Real Deal IR LLC
Red River Advisors, LLC
RKM IT Solutions
Savanna East Africa, Inc.'s – trading symbol “NVAE”
Small Equity Initiative, Inc.
Spanish Peak Foods and Beverage, LLC - https://www.sos.state.co.us/biz/ViewImage.do?fileId=20161524632&masterFileId=20161524632
Valuerich
VergeTech, Inc.
West Cucharras LLC
Worldwide Strategies, Inc. – trading symbol “WWSG”

Majority Shareholder of the Company is ES Horizons, Inc. by virtue of its Series K Preferred Super Majority Voting Stock. Mr. Verges' owns 99% of ES Horizons, Inc. and as such has the ability to vote the 500 shares of the Series K Preferred Stock.

Yep. thankfully I did not put much
in this goat shit of a stock.

Good luck

Called a cash out my friend. They will reverse the shares to the point your cashed out. That float of shares are then used for collateral to support more debt.

They first forward split shares issue if billions of shares. This early share holders sell taking there money of the table. Now they don't sell to the market like you and I. They sell to the company or I should say lend there shares to the company so the shares become outstanding. You have to remember that insiders shares are restricted shares. That means there restricted from trading so there always outstanding. Now should you become cashed out in a share reversal you in other words are restricted from trade.

They say what is yours is hers and hers is hers. Her of course being the ship " company " While yours is the equity holder. Now the saying has been misdirected to indicate financial arrangement in manage but this was never the attention of the words what is mine is hers and what is hers is hers.

It was delisted then opened with the same stock symbol with new common shares and f***ed everybody that had old shares.Read eddys posts he seems to be well versed.

If I go to the OTC website and enter "NWMT" into the lookup symbol I get a quote of $1.20. Is the current "NWMT" symbol the same company as prior ?

http://www.slh.ca/en/services_dedicated_transportation_truck_fleets.aspx

Has been in the news, they could be buying back the debt as news is realesed. They have too purchase shares relative too the value of the collateral underlying the debt still on the books. Should prices drop you will see another forward split into the future.

http://www.slh.ca/en/

Sears Lampert holdings software logistic roll out in Canada maybe.

What explains the trading from the last week or so? It went from no action to millions of shares traded a 10,000%+ rise, then a halt.

BUX

Thanks Eddy I understand what you're saying I bought the stock 2011 for $84 which is 215000 shares, it would be Nice to have made 200,000 for an 84 dollar investment.

Think about it? It's now a numbered company holding cash. This cash will be used to fund a retirement plan set out in a serverence pay for ex employees who contributed money above par to capitalize on depreciated assets that is earnings obtained from a tax credit.

Ask you self is a tax credit revenue? Is a tax credit an accounts payable if revenue from overpriced shares that is sold owing tax's that are offset by depreciated goods and services not revenue.

Payables to this is accumulated tax credit that does not have associated revenue is " treasury stock " .

Can the treasury stock become " payables and good will". Yes if money is borrowed held in credit where the capital costs are paid out from the borrowed funds. This then becomes a line of credit until the depreciated tax credit is turned into cash " equity " that is cycled back into treasury stock that can be sold back to the public increasing the outstanding shares owed too the original investors of the tax collateral to the loan should revenue be realized through actual sales of products and services or additional diluted future share offerings by the company.

If the company can't raise money by eather method and depending how close the company is to becoming self sufficient an institution will take on the roll as a private investor and unleash the tied up cash reserves by excepting a equity position above the par value of the stock under a forward stock split stock repurchase and cancelling program.

The shares have to be cancelled. They can not go back into treasury stock.

Read and understand the laid out accounting rules available to all investors.

Ameritrade account went from stock symbol nwmt to a series of numbers and the value is zero

IT s weird my bank account shows my profit.But i can t sell them

I have owned this stock for years ,why is it .64 and we have nothing

What s up????€€

What is the deal with this stock? I bought a bunch yesterday at .02, and sold at .15. It is now at .36.

This company has zero positive revenue that is noted when one takes the equity away from the revenue. You have to remember that equity transfers are always delayed from the companies broker. The amortization time is not reflected in the profit and loss statements.

Example if it traded par the company can still report equity above the par pricing model. This also exasperates the value of the common shares creating what is known as the dead cat bounce.

Your not wrong in your theory of looking for what you are doing but generally it's very hard too hit the mark.

Now there are come backs if private equity is introduced and that is where one can notice a rise in treasury stock as the debt is collateralized to be sold into the market place usually under a new entity and name.

I'm unsure how I fell upon this stock. I transposed some letters and in the wrong stock, so I got curious as I was looking for reverse mergers and for stocks trading at .0001. Is this a stock? Or is a shell of some sort? I'd like to get in early if so.