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Busy with something for the next few days, but will do when I have a chance.
??important date of Jan 27th came and went with no report from those touting this information
Jan 27th might be important for the parties (gov and defendants) but why is outcome of the status hearing or even the trial significant for NERG?
Status hearing. Trial set for apr 6th
Why is Jan 27th important?
Jan 27th is an important day here
Wow. That is so fucked up
company is gone,
this was a scam,
tax ride off
Do you know when your shares were acquired? There is a lawsuit going on at the minute which could possibly lead to a class action were you may see something back depending on when your shares were bought
inherited shares of this company and see that it is basically worthless.
Any chance of them resurfacing in one form or another for pennies on the dollar with a chance of them moving forward.... or just ignore it and go on with my life?..
My apologies to all...don't mean to be a fly in the ointment as I know very little about the company's business dealings, obvious demise and fallout prompting the intense discussion of legal restitution that appears to never be resolved.
A newbie here that knows nothing about the inner workings of this fight and will ignore it if it's not capable of going anywhere that is profitable.
Think I need to consult my accountant...lol. ty all
I see the lawyer they used in their fraud is indicted too. Between the 4 of them I hope they have some deep pockets
I doubt they get as many as you think. And if it's the email for a specific person, I strongly suspect it'll get through.
A phone number would also work.
If I thought it would help by giving them the email I would. Without the PIN number you’re kind of stuck. DOJ does this so they don’t have to field the mass phone calls and emails. Can you imagine the calls and emails every day?
The point I am making is that you came here, essentially, to discuss a letter you got from the DOJ, but refuse to share with others.
THAT is "snooty". And childish.
Man have gotten snooty in your old age. Your lucky I even bothered to reply back. As you can see I rarely ever look at Ihub.
Jesus. Nobody bought today. Nobody buys most days.
Not if you bought today. Those affected who be when the scam was being done not after.
What?? All current shareholders are "affected". No one is "special".
Oh I’m sure they do have NOBO list. Hence the reason you need a pin. Those affected on the list will get their letters.
Oh for God's sake, once again. You seriously believe the DOJ doesn't have a NOBO list?
They will get there own pins when the receive their letters. Without the pin I don’t think you can get anywhere by phone or email.
For God's sake. Nobody cares about your very, very special totally personal PIN number. Just post the information I suggested. People who write or call the DOJ will get their own Precious PINs, no doubt.
You are correct.However, it has a pin# of which I’m not giving out.
The letter would have a case number attached, and would be signed by one or more people, all of whom, I assume, would have included an address, phone number, and possibly an email address.
It would be courteous of you to provide that information to your fellow shareholder.
It’s a letter from the DOJ. I can’t share BC it’s connected to me. You may want to contact the DOJ.
Can you send me the number of the lawyer on your letter? I still haven’t received mine but I have moved house since then. Thanks
Anyone on here remember when exactly this got suspended? Thanks
Here is a link: https://www.justice.gov/usao-wy/united-states-v-robert-william-mitchell-et-al
I got the letter also.
can you post a case number? any sort of public reference?
Yea I never got a letter yet, I’ll keep an eye on the mail this week
If you send an email that’s listed on the letter with the VIN # they will respond.
Oh wow. I hope they all get locked up. I’d like to get some money back too if possible lol
What’s the name of the law firm? Thanks
Can you send me details, I never got mine. I’ve moved address but pretty sure they’d just get it from td?
Got mine a few days ago.
Anyone following the lawsuit? I just got papers from DOJ about it. I didn’t even know there was a lawsuit.
Should be coming off the greys any day now
who buys only 10k
promoters doing this to attract newbies 9000% up
if you want this to go up
release PR or financial report
what happened to Russian deal??
shame on you!!!!
If we come off the grey sheets and do what QRMLF has done today we’ll all be pretty happy
Maybe something happening behind the scenes
10K such a big volume for past few years?
it is
cross the T's
and
dot the i's
Follow the clues
and cross the dots.
you will see.
this will be delisted very soon or will go to $0.025
within few months.
Haven't posted in a long time. I used to moderate this board. lol
I've still been following it though, periodically.
I've read all the posts from the optimistic poster. I hope that person is real, because it feels like someone is trying to get people excited about buying more stocks of this worthless company.
Look, everyone that invested in this company, including myself for disclosure, lost all of the money that they invested. The chance that we will get it back is virtually impossible. Even with a lawsuit. I would assume all the money they made off of the scam has already been spent and we will never get it back.
why do you think something big is coming?
Also I do not believe company consent is required before the stock transfer agent updates the shares. But perhaps stock transfer agent bill's need to be currently paid but I really dont know
If consent was required it would be part of the listing agreement with otc markets to be begin with, If consent was required then it would be really burdensome for OTC markets to go get those consents. JMO
This symbol is suspended, period.
but there are so many suspended symbols that are not updating their OS for many years.
and there are so many otc companies not suspended and trading with no update for 2 to 3 years.
company will not update for no reason, the agent wont update the os without the company's consent.
and, i think there is some thing big coming this way,
and i hope it is not the train??
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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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