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Hey there Sherlock you needed me to tell you that.
WOW..THATS FREEKIN BRILLIANT...YOU MY SIR ARE A STOCK GENIOUS...THIS TURD HASNT BEEN GOOD FOR YRS,,,JEEEEZ...THANKS FOR YOUR DD
zero bid,ask and volume now that cant be good
http://www.loopnet.com/Listing/15734321/610-Highway-Ave-Redcliff-AB/
Market slow but coming around.
This won't cover marketing cost unless more investors buy in.
Dead beat companies that don't honor what they owe too investors and there excuse is oh we may need it down the road so they put it into GIC's for investors too growth the pot bigger.
NWMT SEC Suspension for Financials / Filings delinquencies:
http://www.sec.gov/litigation/suspensions/2015/34-74662.pdf
Order:
http://www.sec.gov/litigation/suspensions/2015/34-74662-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-74661.pdf
Post on his Facebook. Tell him what a POS he is.
Could be .00001 soon. Now that is cheap, maybe too cheap. When something is too cheap it must be junk.
The old saying is one persons junk is another's treasure.
Guys if you want one share thinking it could be worth $ 20 what is 10 cents a share for a thousand shares and the certs for each individual share purchased that you can request by Law to be delivered if you have more then one shareholder but not more then three hundred under the parent or you have to register the parent with the sec in your jurisdiction and supply financials.
So one has to split your parent into two parent companies or maybe three depending on how many entities you have under the one parent company. This will up your cost in reporting to the government but every jurisdiction is different that is were you may want to look off shore to get set up with your parent company.
but be up front with the jurisdiction you reside in be it Canada or the united stares unless you want to move to some third world country and give up everything your tax's have supported and built over your live time.
For me Canada is a great country that I have invested into all my live and I'm not about too mess that up so be honest in your business practice for you and your shareholders should you have any involved.
Fractional shares!!!!!!!!!!!!
Someone bought one bloody share today
jdah
|I think P.V. is still pulling then strings here. I never dreamed that a man from West Point could be so crooked.
I still have this puppy and never
won the lottery. I got third once
though.
People still buy this thing, so long
that happens, it's viable. No point
in ridding myself of it. I like the
word "New." lol
There is nothing to see here.....this thing is dead...has been dead for many years and there is zero hope for it to do anything positive.
As I've stated over and over again the last few years....you will know there is something happening with this when the reverse split is announced...until then it will remain dead.
So the smart money is to sit on the sideline and wait until after the reverse split happens.
For those new to this stock allow me clue you in a little on this.
This stock has had many reverse splits...followed by a massive increase in shares followed by more reverse splits and more issuing of new shares...followed by changes in name and symbols.
Some believe a change in ownership has happened but there is zero proof of that....the only information coming from the previous owner in the form of a blog posting....whom many would say has lied again and again and is not known for being open and honest with shareholders.
I have been right on target with this stock and proven right again and again.
NWMT is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
NWMT is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509
This baby is alive and me could see a very interesting run. NWMT!
Two 10 million share buys in two days...something is on.
Me too! I'm surprised people aren't holding out for more.
I sure hope your are right.
Again a 10 Milly buy!!! News is coming !!!
Obviously, I was wrong, but it looked like a prime
candidate.
This is barely trading; at least it's still in pink.
When I said watch out, unless you needed a tax write
off there is no reason to sell this yet. I posted
that in early December.
Anyway, regards
Briboy
Oh, nice name
we used to always say
Freddy Futtbucker
If that's the case, why not just "do it"
This puppy is dead in the water so to speak.
regards
Some volume this morning....NWMT waking up??
Lost 35 K myself. Actually met Verges in DC and he referred to the meeting in one of his misleading PRs. I will admit to greed on my part as the major factor in the loss. At one point on one of his Green scams "8 million in profit on an LOI with Asian Govt" rumor my 5k went up to 28k. I thought "finally" and waited. It crashed immediately and well, that was a huge loss. He also called me once to ask if I was involved in revealing names related to some top secret contract he claimed to have had with the Pentagon or CIA or something.
My impression was that of a less than average intelligence (he mistook jargon for clarity and thus jumbled business flavor of the day terminology for knowledge), psychopathic amorality, desperate delusions of grandeur, plus a "real" side in that he was a devoted father.
He's lost a lot including a home, his primary income, his reputation. I'm, on the other hand, happy and smarter and a little bit more cautious for having gone through the experience.
Avoiding Stock Market Scams
Posted by Saj Karsan
We have discussed a couple of companies on this site that don't trade on the major exchanges (e.g. the NYSE, the Nasdaq etc). Though it has been mentioned that over-the-counter stocks do not offer investors the same protections as do stocks trading on the exchanges, the details were not explored. However, there are some "smell tests" investors may wish to apply to such apparent opportunities.
Consider NewMarket Technology (NWMT), a company that provides a range of technology-based services. The company has total assets of $53 million, and has net current assets of $12 million. However, the company trades for just a couple of hundred thousand dollars! For a company with $100 million in sales, how can this be?
It is possible that the company is not a scam at all, but just a victim of poor management. The company has issued several rounds of preferred shares, which are convertible to common stock. The conversion rates are extremely dilutive, resulting in the issuance of millions of shares that flood the market with this company's stock. Investors who believe this company to be legit should beware of further stock issuances, as convertible preferred stock remains outstanding.
But upon further investigation, there may be more to this story than the idea that this is simply an undervalued stock undergoing a flurry of dilution. While the company claims to have "over 600 employees" and its "target markets are located domestically in all 50 states", it is very difficult to pinpoint from where the company runs its operations. It's impossible to reach anyone by phone at the company's headquarters, as calls to the company's two provided numbers repeatedly went unanswered! E-mail and phone requests to the company's investor relation's department were also ignored.
Public companies are required to have independent auditors, which provide some form of comfort to investors. But this company has gone through several auditors in the past few years, each of which appears to have little in the way of name recognition but much in the way of legal issues. The auditor of the company's 2008 financial statements is now barred from practice, as per these findings of the SEC. The newest auditor is a two-person, husband and wife tandem who appear to operate out of their own home, for this a $100 million, international company!
But while it may be impossible to speak with any of the company's employees, the company doesn't hesitate to publish schools of positive press releases to pump the company's stock, including this laughable video, put together by a really professional outfit:
http://www.barelkarsan.com/2010/04/avoiding-stock-market-scams.html
Is Verges in Hiding ?
by stevobama @ June 19, 2014, 11:07 p.m.
Thanks for the words. My 30K losses hurt because that was a time just graduating college with a finance degree. I was naive to think that a company filing financial statements with the SEC would be guaranteed to be legit. Once I knew it was a complete scam, I was on a personal mission to shut him down. Flooded the internet with details of his scam, sent the SEC emails, and whatever else I could. The guy claimed to have had 600 employees and I couldn't verify anyone outside of family members and buddies like Philip Rauch that also should be in jail. The whole thing was a multi-million dollar scam and he has yet to face justice.
There was never any real business as far as I could tell. He started buying out worthless shell companies, doing the reverse merger, issuing new equity based on a buzz word name like China or Latin America or Green or whatever that could get web hits. It really worked and the guy had two mansions in Texas.
I'm sure he has money off the grid for living expenses, but his cash cow income is gone. It is possible that he is working ...
http://99wallstreet.com/new/discussion/topic/306/
Well this is an interesting turn of events... LOL
BH28====
I sure hope you are right.
Its not related it is it's own entity that they may or may not own shares in. They invested a small sum in something that was very much undervalued and because it was never NWMT equity it gives them the rights to do as they wish by reselling the aquired equity on the open market were they purchased it.
Now an asset has to known values one market value the equity on the open market and the other being the street value of the asset let me give you an example. You have a new cap you purchased for twenty thousand but being you purchased the cap first being it holds trinsic value " street value" the car on the street is worth twenty thousand.
The licence to operate the cap is yet to be purchased it is what you call intrinsic value so you have no revenue that makes the cabs market value zero plus market value minus depreciation even thow the car has not moved or done one trip and could be still sitting on the sales mens lot at the dealers.
So investors price the asset way under value due too depreciation. Now comes the interesting part you take the car you paid cash on leverage it for additional funds giving title of the cab to the bank for collateral because you have not a dime of revenue as of yet so the company ends up with twice as much debt as assets due to the leverage and the money being spent on a operational licence that is all so depreciated as the new date of renewal comes up and extra cost in getting your new companies name out there in the public.
How Is NewMarket Technology Related To www.universal-security.net/
Where do these people keep popping up from....get a new one every once in awhile....as I've said before....don't do anything until after the RS...this is dead until that happens.
Yes we have and P.V. must be putting out more crap again.
Yeah, we've been hearing that for a long time now....
Keep an eye on NWMT. Might be some movement
soon. Finally.
I have had this for a few years now, and there's
a reason there are still buyers out there. Think
'shell' and hold steady.
Briboy
How R&D and industries change and were Sly made a fortune by what we all think is dumb luck our selves.
The technology boom had taken off and there was the huge perception that paper would go the way of the horse and buggy.
Well Sly looked at it and said hell know your not going to use a cell phone to wipe ones butt. It is why he likes to use the word but in every sentence he writes.
Then he looked at the companies who was spending the most on R&D and who out there in the market had toilet paper and what product made the most sense to him for cost as well as consumer interest in new products.
Well the market for paper kept dropping, depreciation was huge on old as well as new inovation in paper products. A lot of R&D was spent on electronic paper screens ect. while many kept to toilet paper some looking for softer more expensive toilet paper with lower margins he avoided those companies and stayed with the ones who products already made sense that had good margins along with a good solid product in both toilet paper a well as paper towel products.
Well he found a company that had just purchased a company in a reverse takeover were they spun out the toilet paper along with the paper towel products and because of the lease to purchase agreement in place the stock just tanked. He kept shorting the stock for the benefit of the company and kept increasing his interest on the down side.
Now was he that clever no he just happened to luck out on a piggy back situation that just happened to be involved in toilet paper and paper towel products then of course he likes to tell a much different side to the story as I told here.
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