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That's beyond a pipe dream. No real company is going to get involved in an unaudited penny stock who's founder was recently released from jail for multiple felony counts. Not to mention how he set up a shell company and gave himself a billion shares and even his wife 30 million shares while he was in jail. Maybe we can make up an interest by Apple to buy NTEK as well. This is a scam plain and simple.
The outerweb stating that deals being made with major studios. They lost all of Paramount about 4 months ago and they still haven't replaced that lost content with anything substantial other than issuing promises. The management team is a joke. But we all know it's all a scam anyway. The pipe dream to fool naive investors of massive content coming is never happening. What more, even with the fake 4K Paramount deal last year the PPS still remained in the dumps. All we get is a daily short report which is worthless but put here to supposedly blame shorts for the pitiful PPS and to deflect the truth that the founder gave himself over a billion shares while he was sitting in jail and then had the audacity to give his wife thirty million shares and she doesn't even work at all.
Accumulation occurring??? More like selling. Much more dumping than buying today. Expect no real news of substance with this scam just promises of great news coming. This is just like the audited financials promised for years and at one point stated would be in s few days and now 2 years later still nothing. This is like the promise of no R/S then a 25:1 occurred. This is like no dilution then an increase in A/S of a billion. What we do know is that UF has lost the majority of it's fake 4K library and now only has a few films which are garbage. The promised deals coming soon back in December when they lost all of Paramount (2K media) still hasn't occurred and we're coming into the fourth month of the year. The only thing we know definitively is that DF gave himself over a billion shares while he was in jail and also his wife 30 million shares and she doesn't even work.
How can UF still be the leader of 4K? That alone tells you the rest of that statement is pure BS. They've lost their entire Paramount library so their selection is extremely small and essentially garbage. Of course they never was true 4K but an up-converted 2K file. Can't believe this scam still limps on. PT Barnum was very astute.
Using old obsolete equipment isn't impressive. The 4K landscape has changed dramatically since the founder was incarcerated for 2 years. NTEK has no money to purchase or lease the state-of-the-arts equipment necessary to do the appropriate job. What more, currently owing millions in judgements for nonpayment of past equipment use. A sad commentary for this obvious scam which is down well over 95% and the only people to have made money is the founder and family which was issued well over a billion free shares. Fact!
No need for expensive machines. Felon Foley was working on special algorithms while behind bars that the best minds with multimillion dollar R&D departments couldn't come up with. Just like his world class gambling machine that supposedly everyone was raving about year after year at gaming conventions yet not a single device ever sold. Come to think of it NTGL never ever sold anything anywhere and in a shareholder's letter was finishing off their audits in a few days and that was over two years ago and those audits which would have been super easy with no sales still never happened. But let's invent another fantasy story to sell shares after all David Foley gave himself over a billion and even gave his wife post R/S 30 million shares and she doesn't work.
Was Arcadia ever a sub-penny pink? Most physicians treat elderly psychosis already by the way with zyprexia, risperdal and even abilify with good results.
They're not finishing up on cancer anything. They tried to pump this as a cancer treatment pharmaceutical but when that failed they all of the sudden started to plug we're in the pot/pain patch business out of the blue. This is the typical modus operandi of penny scams. Forget that multi-billion dollar pharma. would have paid big bucks for the rights to their cancer regimen if it even had a smidgen of potential. Forget that big pharm could easily do these pain patches as well and they certainly have a huge distribution network already in place. Nope let's believe that this penny stock is going to be the market leader.
Another painful day for NTEK longs but a good day for the Foley's to sell their endless free shares. Founder and convicted felon gave himself one billion shares while he was sitting in jail and gave his wife over 30 million shares and she doesn't work either. Meanwhile the PPS continued to decline for those that actually paid for their shares. The tumble continues but that's ok as the Foley's got their shares for free and are happy when anyone buys this garbage for whatever reason they can be conned into.
True, if you have unendingly free shares to sell like the Foley's otherwise longs down significantly.
You do recall the SEC was warned about Madoff eight years before he went down. They are clueless which is why pennyland is rife with scams they know they'll be able to get away with it. NTEK has been putting out fake financials for years, promising exciting news yet nothing but dilution and a painful reverse split meanwhile the PPS continues to decline. The Foley's have made millions off of this scam though.
I've been here for three years. My very first post below:
kbrod1
Sunday, 03/02/14 09:39:46 AM
Re: NASDAQ2020 post# 165103
Post # of 361447
This is the problem no one has the np-1. They call themselves a leader in 4K streaming but no one has a device and people have been waiting for a year with empty promises. Hey I can call myself a leader in warp drive technology using their same formula.
So after all that time we're learned that the NP-1s never materialized, and when we actually had an email from David Foley saying 15,000 were already shipped but still nothing the next excuse was that Google needed to do an update, and that it would take three months to train BestBuy salesmen. (Can you believe that BS). When still nothing, the next BS line was that they were shipped to 25 foreign countries. What idiots believe this??! Really? No one heard of the NP-1s in America but big demand around the world. Then he moved on to the UF scam where he just took 2K media up-converted it and called it pristine 4K which is of course impossible. The funny thing about it all they never even converted all the films that they rented from Paramount before the lease time was up. Funny reading the outerweb with their complete denial of the current judgements against NTEK it's business as usual, great times ahead yet they've lost their entire fake 4K library from Paramount and in fact of all the 4K streamers UF is certainly not the leader as their fake selection is extraordinarily small. All we read are shorts are worried yet the PPS is in the garbage most longs down at least 95-98% and the promised 3 cents are coming months back seems like a pipe-dream. Felon founder gave himself a billion shares while in jail and then had the audacity to give his wife another 30 million shares and she doesn't even work. This scam finally coming to an end.
Now that they've lost for months now their entire fake 4K Paramount selection their site is essentially a dust bowl. What more, every day losing money as no one wants to watch what slim pickings currently available. No one interested in fake news of deals to come just the actual available movies now which is nothing. Currently every other available 4K site has more 4K offerings so they lost even their fake number one position. Yet still the spin how great things are with this unaudited penny run by a convicted felon.
Actually last R/S almost two years to the day making current PPS effectively 0.002. Painful.
That was a good chuckle. Let's see now for every .0001 cent share shorted one has to margin $2.50. What universe is that going to happen. This is a scam and I said so years back and was told to scram among other things. This scam has plenty of company in the pinks.
I've been watching this stock peripherally for several years and it has been painful to see. How many R/S has it undergone and always falls back to pennies irregardless of industry trends. Makes one wonder as only insiders have done well virtually all others have become bag-holders.
The fact is that the PPS continues to decrease overall and that most longs are down well over 95%. When a buyback is mentioned it is attributed to a company purchasing shares. This of course is not the case with NTEK as everyone knows. It is an alternate fact to use it for shareholders for by definition all shareholders buy and sell over time.
Maybe they'll just upconvert 2K files and call them 4K like they did before. Yup, typical penny stock form 15 scam where most investors have lost their entire investment 95+% meanwhile convicted felon founder has made millions. Steer very clear from these waters.
All these scam penny stocks have 'negotiations going on'. Just like audits to be finished in a few days over two years ago-- still never done and although promised virtually every year for years latest 'word' is in 2018 but we know it's newer really coming. Just like the partnership with Akyumen phone. Was supposed to be hundreds of thousands of phones sold yet no one can find even one anywhere. If anything UF has failed miserably. They lost their entire Paramount library and although it was never really 4K but just up-converted 2K files that they lied being true 4K. Hell my 4K Sony up-converts everything to 4K automatically as does most 4K sets. Then we have the daily short report which is really artifacts and FINRA clearly states that it's the biweekly report that is accurate but daily report still posted to fool naive investors. Virtually all longs down well over 90% with this scam yet still plugging now's the time to buy. Have been saying that for years and yet the PPS continues to plummet.
Let's rehash the same old nonsense news from Jan. That partnership is just like the Akyumen partnership. Supposed to be hundreds of thousands of phones out by now but somehow no one can find one anywhere. Just like the NTGL audits in days two years ago that never happened even though said audit would be extremely easy because they never sold a single unit anywhere. Meanwhile the PPS continues to decline and convicted felon founder blames other people while creating a shell company and giving himself a billion shares and his wife who doesn't even work 30 million shares.
Got to love the end of day paint. Brokerage fee cost more than the trade. NTEK = SCAM
Sorry for the confusion. When a pharmaceutical representative comes to a physician's office to talk about their product it's called a detail. If this company truly had some proprietorial process with regards to cancer and immunology you can rest assured that multi-billion dollar pharm. companies would be more than happy to pay a premium (hundreds of millions) for said entity or partnership. So I'm not sold at all on that hype and that they're having talks with potential partnerships etc. That's the typical line one reads in the penny stock world. What more they put it all on the back burner and start into a completely new realm of CBD patch/oil. Where do they get the 'best pain patch available' info from? Has it been tested against Lidoderm patches or the definitive Fentyl patch? I remember reading years back about a company that said they developed a way to check electrolytes in the blood by using a simple device like the pulse ox. machine. You put it on your fingertip and viola without any blood draw you get Na, K, CL, Glucose levels etc. They were affiliated with this big hospital in Germany and had a well known physician on their board. Sounded great, but I did a little DD and noticed that 6 months prior this company was just selling leather handbags. Really. So I warned people on ihub message board and all I got was why are you here if you're not an investor, clown, basher, short, and so on. Needless to say the SEC closed it down and their principle is a fugitive and would be arrested immediately upon entry to this country. The penny world is rife with dilution scams. Always do your DD and never fall in love with a stock. That's it I'm done. GLTA
I found this stock by accident following another poster's other stock. I went to the actual company site and read the fact sheet. As a physician I can say if a drug rep. came to my office with such a 'detail' (as they're called), I would kick them out. Nonsense hyperbole and clearly not written by someone versed in medicine or science but a shallow marketing attempt to lure investors. Such is common in the penny stock world where the real objective is selling shares. How they're going to trump pharmaceutical companies spending hundreds of millions in R&D with the best researchers available is comical. They do mention that further financing might be needed and rest assured it will happen. That all said I wasn't surprised when the two MD officers are foreign medical school grads, Rome and the Philippines. I'm not here to get into a shouting match just giving my opinion. I've little time to banter so do your DD and the best of luck to you all.
Got to love the end of day 51 cent trade to bring up the PPS. Trading fees cost much more than the trade but we won't dwell on that reality. We'll just make up alternate facts like shorts and naked shorts being at fault for the overall decline in this penny stock scam. Bottom line still going down but wasn't it supposed to break three cents last month? Oh well, at least the Foleys are making money to pay their multimillion dollar home mortgage and Maserati payments. PT Barnum called it right.
Is this a joke?! They lost the majority of their content; their entire Paramount library. Their subsidiary never sold one gaming unit anywhere in the world although hyped by NTEK for years, it currently doesn't even have an office. Yet everyone is hoping a convicted felon is going to save the day. Did they forget he created a shell company before going to prison giving himself a billion shares while behind bars and even issued his wife 30 million shares and she doesn't even work. Virtually all shareholders down well over 90% on this scam which has promised audited financials at virtually every shareholder's meeting and in multiple shareholder's letters for years even at one point stated ready in a few days and that was well over a year ago. Yup this has proven to be a real loser penny scam. A big red flag in the penny world is when the PPS goes down continuously and people blaming MM and shorts. All the more proof a scam. Then again the majority of penny stocks are dilution scams so even the slightest inconsistency should be a huge warning. Here, there's countless red flags. Anyone buying now is absolutely clueless. They'd be better off giving their bank account number to a Nigerian Prince.
It has been fascinating watching this scam unfold over the years. It certainly demonstrates the human frailties of denial and poor judgement. We have a company that has on record repeatedly lied to shareholders with empty promises time and time again then promised that things would be different and they would be transparent with monthly updates then immediately go silent for months on end. Meanwhile the founder is sent to prison for fraud but creates a shell company just before doing so and while in prison issues himself close to a billion shares then has the audacity to give his wife 30 million shares on top of that and she doesn't even work. Meanwhile shareholders (bag-holders) are down 90-98% on their investment while the founder has a multimillion dollar home and six figure car off of this scam. I remember how longs were saying they would revolt if there was a R/S. Then 25:1 R/S occurred as well as a simultaneous increase in the A/S and they just sat there like sheep and talked themselves into believing that that was a good thing. UF has virtually nothing now but the bag-holders are believing the next lie that all of the sudden there is going to be A-list HDR content from multiple studios when in fact they never really had true 4K to begin with just up-converted 2K files. You can't make this stuff up. PT Barnum was certainly correct.
Got to love reading the damage control on the outerweb. Confirmed no audits this year even though promised virtually every year in multiple shareholder's letters and at several yearly shareholder's meetings. Several letters gloated that they had new accounting firms working on them and one even said would be ready in a few days and now once again nothing. Of course the spin is to try to mollify its significance once again. This company is a joke and a scam, period.
Share count should have been reduced a year ago with their R/S but they simultaneously increased the A/S so now in the billions with plenty to sell any time they want. What more the bogus alternative facts keep on pouring out to fool naive investors. They lost their entire Paramount film library but alternative fact is that they have another deal and are up-grading to HDR. First of all, the entire original library was in 2K and they just up-converted it to 4K what virtually all smart 4K TVs do automatically for free. Funny how they never released the entire original library of Paramount films before they were gone. Any real company trying to sell something would be marketing their product (never done) and releasing their product the moment done not wait until they have an entire library. If was for real they would be releasing each new HDR movie upon finishing. How's those promised audits doing? At every SHM for last 4 years promised shortly even mentioning different accounting firms working on them yet they never come. Even their NTGL division that never sold anything and would be an extraordinarily easy audit to do that was promised in days over a year ago never happened. These are all the classic signs of a scam.
Some on the outerweb finally seeing the reality of this scam. Others in complete denial or Foley relatives trying to blame MM or shorts that have nothing to do with the fact that UF has lost the majority of their content and nothing is happening except more empty promises. Let's not forget the fact that the original content from Paramount (that they no longer have) was given to them in 2K and they only upconverted it so it was never really true 4K. So they were never really a leader in 4K because their material was alternative facts 4K. Like buying a new 4K disc but only getting an up-converted regular Blu-ray but calling it a true 4K disc. It doesn't matter now because they don't even have their fake 4K material. Wonder what all the bag-holders who not only invested in this scam but bought the 'special' $99 deal and now have nothing to watch as well will do.
Remember their partnership with Hanoverhouse how they were going to have all these 'great' movies. Take it to the bank, etc. Well that company also a scam promising audited financials for as many years like NTEK but it never delivers. That deal never happened either. All NTEK does is sell shares which is why all longs are acknowledged down well over 95%, but sadly still in denial holding on to a pipe dream. Whereby the Foley family made tens of millions. I would be pissed if my investment depreciated that much while the principals made millions. Ironically David Foley made more than all the longs combined while he was sitting in his prison cell. How big does the red flag have to be before it hits you on the face?
Just stopped by. Still no audits!!! I wrote here 3 years ago that the promised audits were empty and would never come. People told me that they were coming, this is for real, if I wasn't invested why am I here, I should go, etc. So I did and three years later nothing other than dilution of course and more empty promises.
How many times has "shorts are worried" been posted over the last two years alone here? The reality is the PPS is down precipitously over that time. If there were any shorts they're the only ones who made money here besides the Foley's of course. Bottom line; shorts are worried like audited financials coming soon both not happening.
Too bad the reality is there is little if any shorting in this scam. Believing massive daily shorting and that there will be significant exposure tonight from a trash film that couldn't be released to theaters and the denial that all of the Paramount films are gone is a pipe dream. Has anyone ever seen one of those Akyumen phones anywhere? After all aren't there supposed to be hundreds of thousands out there and the big news all last year was how that was going to drive the PPS up for NTEK and that never happened. Pennyland is full of pipedreams and great things soon. When the founder is a convicted felon for multiple fraud counts and the company's financials statements are not audited even though promised virtually every year for years at multiple Shareholder's meetings and in Shareholder's letters and never come even though reported to be done shortly, and finishing up; best to steer clear from this obvious scam.
Already the spin that the next quarterly report doesn't mean anything (because it will be abysmal). Forget about the promised NTGL shares and all the other broken promises last year. Things are going to change now. Because? Well they have a new CEO. Even though he has not shown to have done anything really significant in his past and David Foley fresh out of prison is still running the show. All last year how it was going to take off because of their 'partnership' with Akyumen never panned out as well. Typical penny stock scam with unending great news which never come to fruition. Just like the promised audited financials soon year after year. Now after 10 months they put up a film that never went anywhere that even a loyal long admitted was garbage and stopped watching half way through is being pumped will bring all the eyes on UF. You can't make this stuff up. It's hysterical.
Sounds like operating on alternative facts.
Got to love the end of day $18 paint.
NTEK = SCAM
NTEK giving out alternative facts. Nothing new here that is their modus operandi.
Hush, you're not supposed to mention the obvious. Perfectly reasonable to put up a margin of $625,000 to buy $6000 worth of stock in NTEK logic. The absolute fact that the daily short report is just artifact trades and the real numbers are biweekly put out by FINRA which are dramatically and completely different from the daily numbers will not dissuade people from putting the daily report here. The same old, "shorts are worried","buying in here", "exciting times ahead", has been written for years here and on the outerweb; meanwhile the stock is down well over 98% during that time and promised audits coming soon in multiple shareholder's letters never materialize. But let's believe some crap phone that projects a tenth of a 25 watt bulb in brightness that doesn't even project a 4K image is going to save NTEK. Or maybe some new CEO with history of multiple failed businesses with a joke device that can't even compete with the big boys currently out there like NVIDIA for instance will save the day. Let's forget that the founder just got out of prison for multiple felony counts and before he went in set up a shell company that literally got a billion shares of NTEK which were immediately sold and diluted the PPS and when looking at their own financials stated that it was an unrelated and unaffiliated investor. I ask a simple question to the longs how is the founder unrelated and unaffiliated? That doesn't set off alarms? Then his wife mysteriously gets 30,000,000 shares while he's in prison and she doesn't even work. Nothing unusual about that? Remember the shareholder's letter that stated audited financials coming within days over a year ago that never happened or the shares of NTGL promised to be distributed in 2016. Or the shareholder's letter that stated no increase in A/S and then within months two huge increases and a reverse split. Let's not forget millions owed in two lawsuits for nonpayment. The penny world is rife with scams few are difficult to spot, this one is so obvious it punches you in the face. Only a bag holder or Foley relative would be recommending this stock.
Expect the usual end-of-day paint coming soon. This is a scam, plain and simple.
Merger put another way.
0+0=0