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Yes, pretty much.
Soooo, with all of our share in this, we just have to hope for someone to buy this shell with a real company or what?
Just saw those. So we are basically waiting for a company to take over the ticker symbol at this point huh?
Mitchell copped a plea; Herman and the others were found guilty in October 2021, and are now awaiting conviction:
https://www.justice.gov/usao-wy/pr/federal-jury-convicts-defendants-nutech-energy-resources-securities-fraud
And here's the answer...
https://www.justice.gov/usao-wy/page/file/1223061/download
At least in part. And now Justin Herman is in trouble over something else; something involving recidivist Phil Offill:
https://www.sec.gov/litigation/litreleases/2022/lr25309.htm
Complaint:
https://www.sec.gov/litigation/complaints/2022/comp25309.pdf
what was the coroners determiation as to the cause of death??
Guess it really doesn't matter does it! Dead is Dead...time to grieve and move on.
there are NO bad calls if you performed full DD before investing, only unfortunate mishaps in the bizarre and manipulated world WE LOVE TO LIVE IN
Only 3 choices as I see it with my 480K shares...dig deep for more if you 'still believe'...hang and possibly hang yourself...or move to fertile ground. There is plenty of that out there.
best of luck BMW..stay safe..stay well
Lol I know..... been eyeing selling it as its "up" for just a 50% loss. Bad call on my part
no poor intentions here sir ...but how long do you plan to be alive??
stay safe...stay well
I have over 4 mil, down 80 percent lol. I had a oil exploration stock years ago that went bankrupt and it turned into this. Maybe one day it'll come back. Lost 15k on that stock and down 3k on this
time to move on. Attempting to breath life into a cadaver here. Own 480,000 shares of nothing.
Maybe a séance would do the trick. Need at least 3 eager participants and a medium that is able to convince the spirits and us 3 that all is possible in resurrecting NERG.
please sign up on the company web page with a date that you will be able to attend.
stay safe, stay well..
Someone is collecting shares everyday for the past few weeks. Wonder if something is brewing here. Would love to see this hit .01 or higher. Been with NERG for years.
What's going on with this POS?
It sits in my account, dead to the world and every once in a while volume comes in.
Did this move only because people are buying anything in the trip zeros?
I am selling at TZ1
i was in this tick for over 5 years
it is all scam.
please buy my shares
I suspect that no holders are selling at .0001 or even .0003
activity of stock mean something going to happend
Yep, you were right. But my order didn't fill
Long time holder from a scam....so now let's hope we can get this shell rolling and we can make some money
IT IS!!! Collecting shares from long time.Someone is something UP TO
I believe something is brewing just not sure what yet. It’s traded at 0002 0003 and 0009 recently so something up
this was a scam a while back...I have shares but not sure what any trading is about...
I saw the volume increase on the market. Seems like this one is mostly a wonder. Everything looks super shady around NERG. Back in 2007, I bought shares of a company called EcoEmissions Solutions (ECMZ) id took a dive and I just forgot about it. Years later I log in to my brokerage and my shares were not ECMZ rather they were NERG. At this point I thought it was a scam but I had already lost money so why sell? I think If you want to BUY shares, most people are long term holders and most likely want to sell for a much higher (relative) price and be done with them.
The other oppportunity i see is buy at .0001 and sell at .0002 to double some money as it seems to fluctuate that way occasionally.
I try buy couple Mils but my order did not go thru.Something is boiling on this ticker.
Looking good today lol
LOOKS LIKE COLECTIN SHARES MAKE SOMETHING THINK
Nothing? This thing needs to get going again
Any updates? been waiting on an update for 5 years
Yea fa sho aidy ,, it hasn't been at .0003 in a Looong Time ! , YEARS ! , this proves there's something going on, , Keep Ya eyes Peeled !
$$ NERG $$
Something going on. Getting volume a lot more frequently lately
No problem bud. As I said, anything at this stage is a bonus. Good luck
Great information Sir , thank you for Replying
I hope everyone else on this board reads what you posted (and takes a screenshot), it'll get them current on whats going on here
$$ NERG $$
It’s off the greys and onto the expert market so I think it may make a reappearance on pink at some stage. It’s website now takes you to a Chinese gambling site so possible reverse merger. There’s a court case in feb against the scumbags who pumped this last time so they may have to return their shares to the treasury or buyback what they sold depending on what the judge orders but there could be life in this old dog yet. I’ve seen plenty of shit come off the greys and make a nice run and at this stage anything would be a bonus
Thats Right Shadie something is definitely going on behind the scenes, another 750k Shrs traded today too , but whos buying ? This is still trading in the Greys NO??
$$ NERG $$ Still in da Cutt !
Volume every single day since last week. Somethings up
Their website is showing a Chinese company called dongke group. Looks like a online gambling company from what I see. There’s been volume every day for the last week which is weird but still don’t know for sure if it’s a merger or not
What is the deal here? Been a bag holder for 5 years and waiting to wake up with something in it for once. Any news on what's going on? Saw a .0001 to .0002 jump. Any life to it is welcome at this point.
https://www.nutechenr.com/ merger with Chinese gambling company? Still trying to piece it together but looks like somehow affiliated to GMBL
The court case has been pushed back to feb 1st 2021. Have you noticed there’s been volume on this everyday lately. Weird
Thanks Janice, if you find out any additional information please post Appreciate your inputs
Nothing was ever going to happen. What you report means only that the website is probably up for sale.
Why does the Link for the Nutech website direct you to an advertisement for a Casino in Macau - China ? , What's going on with the Trail that was supposed to take place on April 6 ?
Janice & the other Smart People , Whats Up ?
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NuTech Energy Resources, Inc. ( symbol : NERG )
www.nutechenr.com/
Welcome to Nutech Energy Resources, Inc.
Nutech (OTC Markets Symbol; NERG) is a natural gas and oil exploration and development company that has developed a patented technology for the production of coalbed methane (CBM) without the need to pump water. Nutech currently operates wells in the Powder River Basin area of northern Wyoming and has commitments to acquire thousands of additional wells.
Coalbed methane wells typically produce large volumes of water when they are operated according to traditional practice. The water is pumped out of the well, liberating methane gas from the coal seam. The removal of water from wells not only has a cost related to pumping and handling, but disposal of the water creates a separate set of problems as well as costs. These costs cause most CBM wells to become economically unfeasible in a relatively short time period. The result has been the shutting-in or abandonment of thousands of wells throughout the region. Nutech Energy Resources, Inc. is uniquely poised not only to remedy this problem for the industry, but to acquire and profitably operate wells that were previously cost prohibitive.
Nutech (OTC Markets Symbol; NERG) is a natural gas and oil exploration and development company that has developed a patented technology for the production of coalbed methane (CBM) without the need to pump water. Nutech currently operates wells in the Powder River Basin area of northern Wyoming and has commitments to acquire thousands of additional wells.
NuTech Energy Resources, Inc. is a Delaware Corporation that is a vertically integrated natural gas production company. It is currently focus is on acquiring abandoned coalbed methane gas wells in the Powder River Basin of Wyoming, and to convert those wells into profitable producing assets. The Company has acquired a patent to use a proprietary technology to produce natural gas without pumping water out of the ground from inside a well. This device reduces overhead from conventional methods of natural gas production by as much as sixty percent (60%).
Coalbed methane wells typically produce large volumes of water when they are operated according to traditional practice. The water is pumped out of the well, liberating methane gas from the coal seam. The removal of water from wells not only has a cost related to pumping and handling, but disposal of the water creates a separate set of problems as well as costs. These costs cause most CBM wells to become economically unfeasible in a relatively short time period. The result has been the shutting-in or abandonment of thousands of wells throughout the region. Nutech Energy Resources, Inc. is uniquely poised not only to remedy this problem for the industry, but to acquire and profitably operate wells that were previously cost prohibitive.
Coal bed methane is a natural gas by-product of coal formation. During coal formation, organic matter is chemically broken down into simple organic compounds. Methane is a by-product of this breakdown.
Coal is very porous but lacks matrix permeability. In other words, water can seep into coal but can’t flow through it. Naturally occurring fractures in coal allow ground water to permeate the coal and provide the means through which the methane is stored in the coal bed. Due to coal’s porous nature, methane gas produced during coal formation is absorbed into the coal bed and held in place by the weight of the surrounding groundwater.
In order to commercially produce coal bed methane, it is necessary to decrease the water pressure within the coal bed. When the pressure is decreased, the methane gas naturally desorbs from the coal and migrates through the coal bed.
This natural phenomenon is the basis for coal bed methane production. In extracting methane from coal beds, a well is drilled down to the coal bed and the sides of the well are then encased in concrete. A water pump is dropped down into the coal bed and the top of the well is sealed with a venting pipe to collect the methane. Large amounts of groundwater are pumped out of the coal bed, causing a corresponding decrease in water pressure. The decreased water pressure allows the methane to escape from the coal and migrate along the coal fractures and up into the well. The methane is then pumped from the well through the venting pipe where it is compressed and sold.
Over the past 2 decades in the Powder River Basin in Northeastern Wyoming and elsewhere in the Rocky Mountain Basins from Central Canada to Mexico there has been a surge of drilling for coal bed methane (CBM) gas. There are literally thousands of wells drilled and in production as well as thousands that will be drilled in the future decades.
One major component of a CBM well is the presence of an aquifer that submerges coal seams. While the presence of water is a major factor in the creation of the methane molecules, typically there are large amounts of water present, and the shear weight of the water creates too much hydro-static pressure, thus preventing methane gas bubbles from traveling up the well bore.
The solution to the pressure problem creates a second problem for producers. Current production methods require wells to be pumped free of water to allow the liberation of the methane gas from the coal seams. Pumping, transfer, and disposal of the water bears a high cost.
CBM aquifers have a high salt absorption rate (SAR) which renders water from the wells harmful to the environment making disposal difficult.
Producers have handled this problem by pumping the water to storage pits for evaporation. This practice is not economically feasible as regulations presently in effect significantly limit this method of water disposal. Proposed legislation would prohibit it completely.
The practice of pumping the water out of CBM the wells creates another problem, it appears to create rapid gas flow at first but it actually KILLS the microbe culture that CREATES the gas – which, of course, begins the industry accepted rapid decline curve in gas production in CBM wells.
Methane is produced by micro-organisms that consume organic matter in the coal that is penetrated by the well bore.
When water is pumped out, the remaining methane is extracted, but, in the absence of water, the bacteria cannot survive so there is no future production. Thus, the rapid production decline begins until the well eventually produces very little to no gas at all.
With Nutech’s patented technology, the methane is captured with no damage to the micro-organisms which will continue to produce the gas indefinitely.
A stable, environmentally friendly method of “harvesting” methane will result in methane becoming a renewable resource.
The principle operation of this invention is a method for separating gas and water within a well bore to produce substantially water free gas.
The remedy to the many industry problems that the tool offers is that no water ever reaches the surface!
Abandoned wells can be placed back into economically viable production with the use of this device
The device has over 14,000 hours of documented, commercial field testing of producing gas without a single drop of water leaving the well bore.
THE DEVICE IS CURRENTLY DEPLOYED AND PRODUCING GAS COMMERCIALLY IN THE POWDER RIVER BASIN OF WYOMING
YOUTUBE VIDEO OF NUTECH IGOR TOOL INSTALLATION : https://youtu.be/bjXZEWlJEr8
INVESTOR RELATIONS
Everest Corporate Advisors, Inc.
702-902-2361
702-982-1339
Office Hours : 7am - 1pm PST
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