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News is just around the corner. Looking forward to the running of the motor.
Might be an American govt conspiracy this time
Yay, now time to roll up Nugent's other con game.
Very interesting reading. Thank you for that input.
NOVZ SEC Suspension for delinquent Financials:
https://www.sec.gov/litigation/suspensions/2019/34-86440.pdf
Order:
https://www.sec.gov/litigation/suspensions/2019/34-86440-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2019/34-86439.pdf
K bees transport , some not to happy people out there , I see nugentcand Sonny mentioned
I see Nugent and Sonny have been busy , K bees transport , some interesting reviews
It certainly does.
I have been waiting for almost 20 years. It will be worth the wait once it gets here.
Suppose , it’s been 15 yrs , what’s a few more
Don't worry Pat we will c them when they are ready.
Yeah , and see the test results , or anything
Thats great news, Patents Paid for. A Magnetic engine. No need for polluting Fossil fuel.
That huge . Wait for the engine to be shown to the world.
Its a revolution in the making.
A problem that someone should get help for
On a brighter note I have heard that all patents are paid for and are moving forward.
Tourettes is a shocking desease.
The crickets are starting to get annoying.
I am sure that you don't understand what they are saying. These parts replace the basic parts and they still have to be allocated a name yet.
An engine that does not require oil based fuel doesn't need spark plugs or injectors so i would gather that the patented parts must replace the said conventional parts. Whole new world if it works look out.
US6955154B1, patent no , for another s plug fuel injector
United States patent no 2441277, Bosch spark plug injector.
Lol , how is driving bob Hawkes car a test result ? What does that tweet show ? Anyone can hook a starter motor to a battery, yes and that old chestnut just wait soon , 15 yrs on lol
Check out @MichealNugent1’s Tweet: https://twitter.com/MichealNugent1/status/1125593539876777984?s=09
Yep , govt conspiracy all that , everyone he knows was also conspired against also , lol, the man is a joke
A former diesel fitter turned conman who was prosecuted for spruiking a fake magnetic engine has now been made bankrupt for the second time in his long and chequered career.
Micheal (or Michael) Peter Nugent, was forced into bankruptcy last week by the corporate regulator ASIC after failing to pay almost $300,000 in legal costs stemming from a case against him and his company Cycclone Magnetic Engines Inc in 2009.
Party time: Micheal Nugent (centre) with Robert McClelland (left), Steven Foster and models at the Playboy mansion.
Party time: Micheal Nugent (centre) with Robert McClelland (left), Steven Foster and models at the Playboy mansion.CREDIT:NATALIE O'BRIEN
Cycclone and Mr Nugent, who was chairman, were found to have engaged in misleading and deceptive conduct regarding the engine the court ruled ''could not work''.
Three years after The Sun-Herald reported on how Mr Nugent had been living the high-life on shareholder funds, attending pyjama parties at Hugh Hefner's Playboy mansion and travelling extensively around the world, the Gold Coast man is now banned from managing companies or holding directorships in Australia.
The Y engine.
The Y engine.
Angry investors who claim they had been duped over the fake engine had been pushing for more action after Mr Nugent was again found to be fund-raising on the back of audacious claims about another invention known as the Y Engine.
A creditors' petition was filed in February against Mr Nugent and last week the Federal Court in Brisbane ordered he be made bankrupt after he failed to pay the ASIC bill of $295,000 from the 2009 legal action.
Mr Nugent told Fairfax Media on Friday he had repaid the money and would be seeking to have his bankruptcy set aside. Mr Nugent said the ''aggravation between the Brisbane office of the ASIC and myself''' goes back 13 years.
ASIC has twice taken civil action against Mr Nugent, first in 2001 and then in 2009 for misleading and deceptive conduct. ASIC also took action against his business associates Steven Vincent Foster and Robert (Bob) McClelland for breaching the corporations act.
Until last week, Mr Nugent was a director of 10 companies ranging from business consultancies to motor engine companies. The Official Trustee from the Australian Financial Security Authority has been appointed trustee.
In 2011, Mr Nugent had boasted about exploits such as getting clearance from NASA to talk to its top scientists about his magnetic engine.
He also fancied himself as a film director and set up Fire from Ice Films Inc, claiming top actors - whom he had met at Hefner's mansion - wanted to appear in a film about him. Inquiries revealed that Mr Nugent was a bankrupt in South Australia in the 1980s.
His co-director in the engine scam, Mr Foster, was also a bankrupt until 2007, during the time he was selling shares in the magnetic engine venture.
It was also revealed in late 2012 that Mr McClelland had been promoting the Y Engine in the hope of raising $2million.
ASIC issued warnings to the public about Mr McClelland making false and misleading statements about the companies Roadships and Cycclone Magnetic Engines by claiming they had developed revolutionary technology.
In the latest twist, a five-page newsletter being circulated by Mr McClelland and Mr Foster in Australia claimed they are still in business, Mr Nugent has invented yet another engine and despite being ''slandered and demoralised'' the engine company is something to be proud of.
''One thing for sure, we are not giving up and we are just getting started,'' they wrote.
post 1130 which was redacted, was a poor attempt by Oziebob to explain his misogyny.
BULLSH*T!. If that is really what you thought, then why parse your previous comments as such!
This is the same line of thought that Nugent carries on with & then expects people to believe it!
Misogyny is an inherited curse that should be regarded as both offensive & outdated (though that never made it right).
Politicians ie Trump love rolling back their words & making it sound as if they were okay, that's EXACTLY what you're doing. Why pretend? Why protect Nugent the fraudulent scammer?
It matters not that the directors of the company know that the "perpetual motion engine" is a con, the Nugents/Fosters/McClellands of the world would still carry on their money-making (for them only) scam EVEN with a genuine product.
No test results , no updates , no action , = no motor the gig is up lol prove everyone wrong
Thanks for the riveting update Blob.
Yes , tell us where it’s at ???? Prove us wrong lol
Well, more than you or Sonny Nugent (not the sharpest pencil in the box, has his dad help him put his pants on the right way!). Have you ever put anything up on this board apart from "we'll be there sooooooooooon"? (Free punctuation included ie question marks for a question)
I to know Nugent personally, and have nothing good to say about him ,
Or indeed personally know Nugent & Green, which is why I won't reveal my real name - Nugent's temper when drunk is quite aggressive & I would rather "keep my friends close & enemies closer". Besides which then they both wouldn't confide in me & allow me access...
I am truly sorry mate but only old news is ever posted. Become a Real shareholder and you will be in the know.
Yep so don’t rely on the y engines fb page , right lol
If you are relying on FB for your updates there is your problem. All i can say to you dave is get some real help with your problems.
Only a month to go , then it will have been a year since last update on Facebook, that could be relevant.
So did you read the court documents or are you still relying on bad research.
Yeah yeah big oil and govt stopped yet another free energy device .
As you are uneducated as well here is a lesson
Firstly his name is spelt one way only Micheal.
Secondly read the court documents on Cycclone and you will see they stopped the project.
If it is difficult for you to understand maybe get some help from someone with a bit more intelligence
Thirdly if you are a shareholder sell your stock and go away and play with nugentconartist.
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