New Colombia Resources Inc fka NEWC

[1manband]

Securities and Exchange Commission v. Juan [a/k/a John] Campo, No. 1:24-CV-2198 (D.D.C. filed July 26, 2024)

https://www.sec.gov/files/litigation/complaints/2024/comp26058.pdf

U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 26058 / July 26, 2024

SEC Charges Ex-CEO of View Systems, Inc. with Securities Fraud for Falsely Claiming the Company Was Engaged in Business Operations that It Was Not

On July 26, 2024, the Securities and Exchange Commission charged Colombian resident Juan Campo, the former CEO of View Systems, Inc., with securities fraud for creating the false impression that View Systems was actively engaged in two potentially lucrative lines of business, temperature screening for Covid-19 and cannabis, and for including a fake audit report in a View Systems SEC filing.

The SEC’s complaint, filed in the U.S. District Court for the District of Columbia, alleges that from July 2019 through July 2022, Campo made and disseminated numerous false statements in View Systems press releases, the company’s Twitter account, company filings with the SEC, and on the company’s website. As alleged in the complaint, Campo falsely and repeatedly represented that View Systems had acquired Sannabis S.A.S., a cannabis company, when Campo knew that View Systems had never completed this acquisition. The complaint also alleges that in late 2020—during the height of the COVID-19 pandemic—Campo falsely represented that View Systems had developed a real time temperature screening product, when Campo knew View Systems had no such device, and could not build one unless it raised additional capital. In addition, the complaint alleges that in July 2022, Campo signed and certified View Systems’ 2020 annual report which falsely represented the company’s financial statements had been audited and included a fake audit report.

The SEC’s complaint charges Campo with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and the certification provision of Exchange Act Rule 13a-14. The complaint also charges Campo with aiding and abetting the company’s violations of the company reporting provisions, Exchange Act Section 13(a) and Rules 12b-20, 13a-1, and 13a-13 thereunder. The complaint seeks an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo.

The SEC’s investigation was conducted by Ashley Sprague and Sachin Verma, and supervised by Lisa Deitch, Peter Rosario, and Stacy Bogert. The case will be litigated by Devon Staren, and supervised by Christopher Bruckmann. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.

[OneDay4488]

Priceless https://www.allpennystocks.com/specialreportsus/3242/colombian-cannabis-brand-to-be-acquired-shares-up

[OneDay4488]

Scampo on to the next scam USPS. Todays news

Colombian Cannabis Brand to be Acquired, Shares Up

Source: AllPennyStocks.com
The Colombian market for cannabis products is expected to grow exponentially over the next few years and this combined firm is in a position itself as a leading player in the market.

U.S....

To read the full story on AllPennyStocks.com, click here.

[OneDay4488]

Scampo is churning and burning? USPS An Indiana-based healthcare company turned heads on Wednesday after the company announced negotiations to acquire Sannabis S.A.S., a Colombian cannabis company.

[OneDay4488]

This should be criminal

[31twu]

Gone to Never, Never Land .J.Campo hell bound express.

[Antdogga1]

For some reason my account showed my shares valued at $50.57 each. I was briefly a millionaire. Did this happen to anyone else yesterday??

[Migufar]

100%!!!

[OneDay4488]

Lies and fraud ?

[Migufar]

That was from January 2020, over a year ago. And now you can confirm he continues to be full of ****. Because over a year later here we are at the same place which is nowhere.

[OneDay4488]

Anyone see this bogus PR from Scampo? View Systems Inc. would like to address their relationship with New Colombia Resources, Inc. Sannabis S.A.S. was formed in 2014 by New Colombia Resources, Inc. (“NCR”) and their Colombian partners, therefore NCR is now a shareholder of View Systems. At the time NCR was a publicly traded OTC company, due to untimely filings with the SEC, they accepted a revocation of their trading status in 2017. This does not mean NCR is out of business, simply their shares aren’t traded right now. NCR is in the process of finishing up their 2019 financials in order to re-register those shares. They have been working with a top accounting firm, auditor, and reputable law firm to register those shares when they can. When their stock trades again, it should reflect the added value of Sannabis, in the form of VSYM shares. Any shareholder can contact NCR’s transfer agent, Standard Registrar in Salt Lake City, or their brokerage firm to confirm they still own their shares.

In the meantime, NCR has continued to develop the assets owned by its shareholders, which primarily consists of premium metallurgical coal that is in high demand to make specialty metals used in today’s new technologies, from solar panels to electric car batteries, and Sannabis. NCR president, John Campo, merged Sannabis into View Systems, Inc. to have access to capital to develop, which increases the assets of New Colombia Resources, Inc. and View Systems, Inc.

New Colombia Resources, Inc. is pleased to announce they met with the environmental agency (CAR) yesterday. Their environmental license application is in the legal department for final approval. They have met all requirements for the issuance of the license. They already have approval from the National Mining Agency (ANM). NCR also has a much bigger mining concession, Contract # JJF-15481 that they made a royalty payment on last month and will begin engineering work on this title for approval of their Work Program and Environmental license. For evidence of the CAR visit, click here.

“I’d like to make it very clear to NCR shareholders that we have continued to develop NCR as evidenced by Sannabis’ recent developments and our visit with the CAR yesterday and are committed to seeing their shares trade again,” stated John Campo, President of New Colombia Resources, Inc. https://www.globenewswire.com/news-release/2020/01/15/1971028/0/en/View-Systems-Inc-s-VSYM-Sannabis-Announces-their-Lab-in-Colombia-Receives-Quality-Control-Approval-from-Health-Authority-to-Begin-Producing-Cosmetic-Products.html

[Opti Mist]

I have asked several Wash. DC friends for suggestions, they haven't gotten back to my yet.

Opti

[Bogwon]

I'm ready. You seem to be the leader, Opti. Have you contacted any attorneys yet?

[Opti Mist]

we need to find a lawyer

Opti

[TradeToWin]

Opti, so what do we need to do to begin the class action lawsuit against the company?

[OneDay4488]

No argument here

[1manband]

We have been scammed

Really? And when did you determine that? Certainly not several years ago when it was blindingly obvious that this was a complete scam.

[OneDay4488]

The SEC suspension of VSYM would help in any litigation. IMO

[OneDay4488]

They will NEVER do right for any shareholders as this has been a proven track record

[3Dogs]

Well yeah I mean having this thing not trade for years is proof of a scam. But we legally own an entity that just got a cannabis license and trades now (sannabis). Is he going to bring this back online or do we have to sue to get the shares that are rightfully ours?

[OneDay4488]

We have been scammed

[3Dogs]

Why haven't we been given sannabis shares yet?

Old article said we would be:

About New Colombia Resources, Inc.

New Colombia Resources Inc. (NCR) was previously a publicly traded company under the symbol NEWC. Due to unexpected auditor delays, they were unable to file timely financial statements so they decided to accept revocation of their shares to file a new Form 10 Registration Statement for these shares. A reputable law firm was engaged to file a new Form 10 to register existing shares owned when they ceased trading. NCR expects to be able to file the registration statement in the very near future or merge with an existing publicly traded company and distribute those shares to their existing shareholders. NCR's shares in View Systems, Inc. will be an asset of NCR. In addition to medical marijuana, NCR, has significant interest in high quality metallurgical coal properties that are expected to be in production soon. Inquiries about NCR should be directed to [phone] or [e-mail].

[retired early]

I've learned not to invest in a coal and CBD vaginal cream company.

[Opti Mist]

No hope at all. None.

Opti

[Nani740]

scammer of the centurY (campo)..

Does anyone have any hopes this will come back ?

[OneDay4488]

No doubt

[31twu]

Great News Still trading Activity, Is J. Campo have a Yard Sale on Shares today...Squeezing out BIDS: to Darkness

[OneDay4488]

VSYM is suspended by the SEC. Scampo did it again

[31twu]

I Think All(NEWC)investors should Visit(VSYM) Board & Force Negative!! Speculation on the stock driving it into the Ground causing J. Campo to be Squeezed out of buyers.

Lets get VSYM & J. Campo Squeezed out of Buyers .

[31twu]

Agree, J. Campo has had plenty of time for Audits to be completed.

All the SEC needs is a fairly accurate Audit even a Loss filed.

Really it's not Rocket Science for God! Sack. No! Excuse for this kind of B/S..LMFAO Maybe John Campo needs to be payed a friendly little visit by many investors with signs in front of his HOUSE & NEIGHBORS too.

[slegy]

The professor of scams, Campos, just got his new atm ticker, VSYM suspended by the SEC. I think the SEC got it wrong by going after another venture of his, the man needs to be prosecuted.

Now he's spinning the same MO he used on newc, that they will accept suspension and file forms later. Its time for the individual to be called to book.

[clb5412]

I am in for any lawsuit against this scammer. While I have never expected to get any money back (although I obviously would love to) I would love to make Campos feel the pain that we have for years now. I do not understand how these lawsuits work, but it would be great if we could get him banned from running these fraud companies. Albeit, that is probably a stretch. It would be a wonderful outcome to protect others.

[Opti Mist]

No word yet. We need a good lawyer.

[Bogwon]

I1m all in for the lawsuit, Opti. Please keep us posted on what we have to do to join in. I lost everything on this guy.
Any word on that?

[Opti Mist]

Seems to be a bit of a conundrum here. Can't sell for a loss; can't declare the stock worthless for a loss, since the company still exists.

I need the loss to offset gains from other stocks.

What to do in my eTrade acccount.

Opti

[OneDay4488]

His next game is VSYM

[bogblog]

This could have been posted like 5 years ago. Are people still honestly expecting audited fins? I'm surprised people are still even posting here tbh. I used to be a believer in NEWC. It had a lot of potential: water, MJ, both hot sectors. But Campo's lies and constant dilution killed investor confidence and I doubt it will ever come back personally.

[KDOG9]

Yes sir.

[OneDay4488]

Very expensive flight

[KDOG9]

Truth. And I talked to him face to face sitting in the seat on a plane right next to him about NEWC before I ever invested a penny.

[OneDay4488]

Lies after Lies for 6 plus years

[KDOG9]

Lol. I’m still waiting.

[OneDay4488]

All they have to do is this!! https://www.globenewswire.com/news-release/2020/01/15/1971028/0/en/View-Systems-Inc-s-VSYM-Sannabis-Announces-their-Lab-in-Colombia-Receives-Quality-Control-Approval-from-Health-Authority-to-Begin-Producing-Cosmetic-Products.html. View Systems Inc. would like to address their relationship with New Colombia Resources, Inc. Sannabis S.A.S. was formed in 2014 by New Colombia Resources, Inc. (“NCR”) and their Colombian partners, therefore NCR is now a shareholder of View Systems. At the time NCR was a publicly traded OTC company, due to untimely filings with the SEC, they accepted a revocation of their trading status in 2017. This does not mean NCR is out of business, simply their shares aren’t traded right now. NCR is in the process of finishing up their 2019 financials in order to re-register those shares. They have been working with a top accounting firm, auditor, and reputable law firm to register those shares when they can. When their stock trades again, it should reflect the added value of Sannabis, in the form of VSYM shares. Any shareholder can contact NCR’s transfer agent, Standard Registrar in Salt Lake City, or their brokerage firm to confirm they still own their shares. In the meantime, NCR has continued to develop the assets owned by its shareholders, which primarily consists of premium metallurgical coal that is in high demand to make specialty metals used in today’s new technologies, from solar panels to electric car batteries, and Sannabis. NCR president, John Campo, merged Sannabis into View Systems, Inc. to have access to capital to develop, which increases the assets of New Colombia Resources, Inc. and View Systems, Inc. New Colombia Resources, Inc. is pleased to announce they met with the environmental agency (CAR) yesterday. Their environmental license application is in the legal department for final approval. They have met all requirements for the issuance of the license. They already have approval from the National Mining Agency (ANM). NCR also has a much bigger mining concession, Contract # JJF-15481 that they made a royalty payment on last month and will begin engineering work on this title for approval of their Work Program and Environmental license. For evidence of the CAR visit, click here. “I’d like to make it very clear to NCR shareholders that we have continued to develop NCR as evidenced by Sannabis’ recent developments and our visit with the CAR yesterday and are committed to seeing their shares trade again,” stated John Campo, President of New Colombia Resources, Inc.

[KDOG9]

The day I get anything back out of NEWC I’ll be shocked.