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That's what I said GRX!
Too bad not much going on here though.
>>194,400,000 shares<<
OMG! @ .51 that's....a LOT!
With this bunch?
that's a given :)
What's going on here GRX?
The NCVT board is starting to look like the other place you guys hang out at!
194,400,000 shares X .51 .... hmmmmmmmm
LOL
Woogster, what will this become. I have a judgment from a court in upstate NY says I am entitled to 194,400,000 shares.
A loco with a motive.
WTF... are you loco?.... too funny!!
Konspiriceeeeeeeeee...
nah
Now this one is:
NEW YORK (Reuters) – Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.
In complaints that read like scripts for the TV series "The Sopranos," investigators alleged suspects dropped off bags full of cash, used prepaid cellphones to dodge wiretaps, and used nicknames such as "the Greek" and "the Octopussy."
"Some of the defendants -- taking a page from the drug dealer's playbook -- deliberately used anonymous, hard-to-trace, prepaid cellphones in order to avoid detection," U.S. Attorney Preet Bharara told a news conference on Thursday.
"When sophisticated business people begin to adopt the methods of common criminals, we have no choice but to treat them as such," he added.
Federal prosecutors have alleged $40 million of insider trading profits from their investigation so far. The U.S. Securities and Exchange Commission has alleged $53 million of illegal profits in its own civil investigation. The SEC total includes some profits not reflected in the criminal probe.
The latest charges involve some of the same companies and individuals implicated in the Galleon Group insider trading scandal that broke three weeks ago. It was unclear whether the illegal networks were linked.
"People will probably ask just how pervasive is insider trading these days?
Is this just the tip of the iceberg?" Bharara said.
"We aim to find out."
RAJARATNAM BAIL REMAINS $100 MILLION
In the largest branch of the investigation, Zvi Goffer, manager of New York-based trading firm Incremental Capital, was accused of leading an insider trading ring that netted $11 million.
Prosecutors said they had uncovered illegal profits of more than $20 million, on top of the $20 million that authorities say was pocketed by the Galleon Group.
The Galleon case is already the biggest hedge fund insider trading scheme in Wall Street history, and in Thursday's complaint one of the suspects admitted to years of insider trading apparently overlapping with his time at a former job at SAC Capital, perhaps the nation's best-known hedge fund.
Raj Rajaratnam, Galleon's billionaire founder, is accused of masterminding the operation. He lost a bid to have his $100 million bail reduced, though a U.S. magistrate judge agreed to ease his travel restrictions.
BACK ON THE BEAT?
The Galleon case is turning into one of the biggest insider trading rings since the Ivan Boesky scandal of the 1980s led to the end of a gilded age for Wall Street and ultimately brought down Michael Milken's Drexel Burnham Lambert.
Investigators' aggression in the current probes contrasts with the years of failure to spot the Ponzi scheme masterminded by Bernard Madoff.
"The regulatory cops are saying in a very loud voice, 'We're back on the beat,'" said Michael Holland, founder of the money management firm Holland & Co in New York.
Prosecutors introduced a new group of suspects including Goffer, who previously worked at Galleon, and Michael Kimelman, an Incremental Capital co-founder and former Sullivan & Cromwell LLP merger lawyer.
A former Moody's Corp analyst, an executive with a wireless networking firm, and others were among those charged with leaking confidential information about takeovers and other activities.
Calls recorded by law enforcement officials were littered with nicknames, like "the Greek" and "the Rat," and jokes about getting information from a guy fixing a pothole. Targets were code-named "the Hilton Hit" and "the Apple."
"Someone's going to jail, going directly to jail, so don't let it be you, OK?" Goffer said according to a criminal complaint. "That's a ticket right to the (expletive) Big House.
ATHEROS LINK
Also arrested were Ropes & Gray LLP lawyer Arthur Cutillo; Craig Drimal, who worked in Galleon's office; Emanuel Goffer, Zvi's brother; Jason Goldfarb, also a lawyer; and David Plate, both also associated with Incremental Capital.
Investigators said Zvi Goffer, 32, identified as the Octopussy for his supposed ability to gather information, provided tipsters with prepaid cellphones to minimize the chances of getting caught.
He worked for almost all of 2007 at Schottenfeld, a New York-based broker dealer that has been tied to previous allegations of improper trading. investigators said. He then moved to Galleon in 2008, where he worked for about eight months before quitting to start Incremental Capital.
His scheme involved shares of network equipment maker 3Com Corp, telecom equipment maker Avaya Inc and drugmaker Axcan Pharma Inc, according to the criminal complaint.
Prosecutors also charged Deep Shah, a former Moody's ratings analyst, and Ali Hariri, a vice president at wireless networking chipmaker Atheros Communications Inc, with leaking confidential information.
The government said Shah, 27, lives in India. A spokeswoman for Bharara's office declined to say whether prosecutors would seek Shah's extradition.
Moody's spokesman Michael Adler said Shah had not worked at the company since 2007. Moody's will cooperate with investigators, and has "strict policies against divulging confidential information," he added.
Hariri, 38, was arrested in San Francisco. Atheros said it put him on leave pending the results of an internal probe into his alleged insider trading.
ROOMY KHAN
Another five individuals, who were previously charged, have pleaded guilty to insider trading charges, prosecutors said, including current or former executives of hedge funds S2 Capital and Spherix Capital LLC.
Also pleading guilty was Roomy Khan, a convicted felon and former Intel employee widely cited as a central cooperating witness in the Galleon probe.
Ali Far, the founder of Spherix, a California-based hedge fund, and Richard Choo-Beng Lee, its former president, have admitted to engaging in illegal insider trading for many years, according to their cooperation agreements.
In the case of Lee, the agreements suggest that he engaged in illegal insider trading while working at Steven Cohen's SAC Capital, a Connecticut-based hedge fund. SAC did not immediately return a call seeking comment.
At a hearing before U.S. Magistrate Judge Theodore Katz, bail was set for Cutillo, Drimal, Emanuel and Zvi Goffer, Goldfarb, Kimelman and Plate at between $100,000 and $500,000 each, with limited travel including the surrender of passports. The defendants were arrested in the pre-dawn hours.
:(
you sensation seeker you
51c price 51 boredmarx.
heheeheheh
Lots of flippin!
NCVT>>>Time & Sales
Price Size Exch Time
0.51 1425 OTO 07/31
0.51 201 OTO 12/18
1.50 100 OTO 11/21
1.01 101 OTO 11/20
0.51 250 OTO 07/31
0.51 100 OTO 04/01
0.75 100 OTO 03/11
0.75 1602 OTO 03/04
0.75 782 OTO 02/22
0.75 986 OTO 02/08
0.75 125 OTO 02/05
1.01 196 OTO 01/07
t 1.01 500 OTO 01/07
1.01 695 OTO 01/04
1.30 190 OTO 10/30
1.20 190 OTO 10/30
1.30 1000 OTO 10/19
1.55 100 OTO 10/08
2.49 200 OTO 09/06
1.55 985 OTO 08/22
1.25 200 OTO 08/22
1.75 650 OTO 07/17
1.55 190 OTO 07/16
1.75 500 OTO 07/16
1.05 150 OTO 07/02
1.05 500 OTO 07/02
0.65 118 OTO 06/15
more like TRICK or treat! LOL
If Netco's ordered to get shares by default, who is supposed to be giving them to to him?
you didn't say the magic word
Well Tina, I appreciate the document, but why don't you get something that's signed by a judge rather than a proposed order?
Yes, with bondage pants and tartan straps, oddly enough.
I heard he had a new bean counter.
Thanks, Tina. I'm sure that will help Corey's bottom line and his latest valuation project...they should offer him 3 options to redeem his convertibles...lol
...exit laughing
New stylish decorations have been added to the ibox for your viewing pleasure
::taking a bow::
bellagio
u in town?
Q: What is “naked access,” and why the controversy around it?
A: Many brokers allow high-frequency outfits to trade directly on an exchange using a broker’s computer-access code. Most brokers closely monitor the activity, but some allow the traders to interact with the exchange largely unchecked, according to regulators such as the SEC. In the industry, this is known as “naked access.” Critics worry that a rogue firm’s system could destabilize parts of the market, even leading to a broad-based market selloff, without proper oversight and risk controls
ncvt trading? look at the chart
http://stockcharts.com/charts/gallery.html?ncvt
ok woog, it sounds like you know a little too much about that topic..... is there something you want to tell us?????? heheheh
hoodwinking Robitsky? sounds like one armed bullfighting wearing bondage pants with tartan straps.
1. You shouldn't believe a word I post, and I fall into the loser category.
2. I have no problem with Corey Ribotsky's position, it's the way he asserts it.
3. There is no end game.
Corey Ribotsky appears to be a poor loser even on matters that are just technicalities. Alternatively, his lawyers hoodwinked him into allowing them to run up the bill.
Actually two or maybe even three dots just connected
maybe we are saying the same thing after all
but it just sounds better from me
Really? Better yet. dot connected.
We aren't saying the same things at all.
Not even close
Rhetorical question mate.
Woogie check the history. Pink Sheets said shorty owed one share on January 1 but covered on the 15th with an average daily volume of zero. See if there was a single share traded. If not, how did he cover?
Jan 30, 2009 0 -100.00 0 0.00 No No
Jan 15, 2009 1 0.00 0 0.00 No No
Dec 31, 2008 1 0.00 18 1.00 No No
Dec 15, 2008 1 0.00 0 0.00 No No
Nov 28, 2008 1 0.00 22 1.00 No No
Nov 14, 2008 1 0.00 0 0.00 No No
Oct 31, 2008 1 0.00 0 0.00 No No
Oct 15, 2008 1 0.00 0 0.00 No No
Sept 30, 2008 1 0.00 40 1.00 No No
Sept 15, 2008 1 0.00 0 0.00 No No
Slap that ask, slap that ask!!! Buy some more!!!
We're sayin the same thing woog but don't many buy their crp
yes, they are EXACTLY what they seem. Another dot joined
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Netco Investments, Inc.
Various parties claim to be officers:
Rodrigo Calderon, President. Never formally removed as officer except via a forged document. During Mr. Calderon´s reign as President, various false press releases were issued by Paul Taylor without his knowledge or approval.
Marco Chavarria, Acting President: Owns a note that allows him several billion shares pursuant to a judgment filed in Texas. Netco is a Texas Company and the judgment has not been removed or attacked.
Paul Taylor: Claims to be director according to a filing with OTC Markets, Inc. Mr. Taylor´s history includes many Pink Sheets scams where investors lost money. These includes this Company (as Telatinos Inc.) and many others. Mr. Taylor is a citizen of the United Kingdom residing in Florida.
Gary Freeman, President: Mr. Freeman claims he is the current President of Netco.
Additional information is coming soon relating to the litigation history of this purported enterprise.
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