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As hard as it is to actually short OTC scam stocks.......
Someone shorted NTEK bigtime when it was in the teens. So they rode it down to .05...good play. What I don't understand is why these shorts don't cover and buy NTEK on it's way back to the teens. They'd rather keep her here...profits on paper means nothing.
Wow......was not expecting this big of drop....just sold rest of puts for $36.50............
The best post yet........nominate to be stickied.....
That's funny.....
9/10 of the skepticisms have been dissolved. Good luck with what you have left....
It really is getting hilariously unbelievable as to what the insiders and NTEK will let hit the rumor mill.........for no other purpose but to sell stock....it's almost as comical as some actually believing it to be TRUE.......
NTEK......the KING of coming soon
Sold half my PCLN Nov 7 $1130.00 puts...in @$3.30....out @$5.70.... With earnings coming out, wish I would have went with a strangle around $40 for next month.....
I agree 100%
I would like to suggest that it might be a mistake to box oneself into a certain timeline when there was tenuous qualifying language in the shareholder letter (e.g. "Our goal") which makes anything after that language e.g. "...to have audits completed for 2014." dependent on the actual execution of a hoped for goal or plan.[Emphasis mine]
Wow just wow.......after all this time, starting in 2011.......
On Saturday, November 1, 2014 5:23 PM, Tyler Neves <tneves@sadlergibb.com> wrote:
We are the auditor of record in the eyes of the SEC. I'm not aware of any current audit progress at this point and we have not issued an audit report on their financial statements.
Please direct further communication or inquiries regarding financial reporting to them.
Thanks,
Tyler
EXACTLY
everyone knows that Scams raise the A/S right? Scams promise products and revenue at later dates right?
Seems easy enough......logical explanation .....
All one would have to do is bring in the NTEK PR referencing their relationship with Sadler Gibb and ask if what was written is fact or fiction, true or false, etc. So much for disclosure of insider information, etc. Trying to make something out of nothing may not be your calling. imo Good Luck!
EXACTLY.........
What happened?
What happened man?
Nossing happened!
Nossing I say!!
NTEK to $$$$$$$$
Great post......I applaud you for getting out of the chair, and actually going to visit offices, warehouse, etc.......
But please, tell exactly what did you see?.......
Why would a real company lie about their flagship product?
By saying that 15,000 were in the retail channel way back in January?.....
Why the pictures of boxes, and fake Foxconn pictures?
Why claim that Foxconn produced a run of over 60,000 boxes?
And where are they?
Why would a real company's execs post on Internet message boards?
Why the Google tweet?
Everything they ever PR or release seems very fishy, and always coordinated with a share increase and big sell off.....
At first they may have had grand plans, but then they realized how easy it is to make money by doing nothing more than selling shares.....
There's a reason all professional investors warn against trading in pennystocks......especially the ones that are dark....
NTEK....the KING of coming soon
Yea.....sounds great....
Would be productive if we could clean up the miss-information on this board. Investors need the facts and not the hyperbole.
Great question.....
Did I miss da 3's already?!!
Looks like another great day in Ihub land....
Can't believe the chat feature still working
Not unless I am tripping with you.....
Same on my end
Now that's one of the best post on this board..........
Some nice np1 reviews on amazon
But of course.......
Da Vizio firmware update, coming soon
So very very true....
That's what ntek counts on. Trickery, misdirection, loss leaders,
junior varsity players.
The Nov 22 $79.00 calls seem pretty reasonable now @ $1.20.....
Think I will grab a few
Wow......
Looks like the only thing that's not coming soon
Is DA DUMP.....
NTEK.....the king of coming soon......DA DILUTER.....
Very interesting question.......
It brings an interesting discussion on what FINRA needs to do to, at the minimum, curtail blatant failures to deliver.
Shorting obviously puts downward pressure on affected markets, especially on the OTC, as there is much to gain because market makers really only care about fattening the bottom line, regardless of the collateral damage.
So, what to do? Uptick rule? Cap short percentages?
The perfect example of Circular reasoning......( talking out both sides of the mouth).......
In one sentence he claims to use profits to buy back shares.....
In another he claims to have to issue shares from time to time....
Anyone else notice anything strange about those statements?...
NTEK......da DILUTER.....
Really!????...
Why would a company with supposed millions in revenue, need to raise capital?.........another Vegas trip coming soon?
NTEK.....DA DILUTER
Funny......
Is it really that hard to tell the difference between a scam and a legit company?......I guess for some it is...
NTEK....DA DILUTER
The only PROOF on this scam is DILUTION......ABSOLUTLY no denial with that FACT......
typical form 15 filing share selling insider enrichment scheme.......
NTEK.......DA DILUTER.......DA COMING SOON KING
Yes I love those claims also.........
I love the claims of dilution
I've called several times as a matter of fact,and no one and I mean no one has ever heard of the company NTEK OR the magic box.......so it's not so much that Sony, Visio, and Best Buy have been fooled… It seems like the only ones that have been fooled.....are the naïve investors
NTEK.......The king of coming soon
That's awesome, but where is the stoploss set at?..,,,,,
One thing is for certain, you will definitely see those prices before any magic box is on a Best Buy shelf… Now that is a real big joke...
.....NTEK.......KINGS OF DILUTION......and coming soon
Yes.....I agree.....03's coming quick.....
The only thing that surely coming soon in NTEK la la land
Is the BIG DUMP.......
NTEK.....The king of coming soon
Now this is a true statement......
If Nanotech had their own auditor you guys would crucify him/her just like you do everything else associated with the company.
Yea......just like they would be completed back in 2011........
Face it......audits will never happen........
The only thing coming soon with NTEK.......is the big DUMP.....
FACT....
NTEK.....the king of coming soon
Exactly when please tell, when do these so-called audits come out?
Xmas is fast approaching......
2014 is quickly coming to an end.....
NTEK the KING of coming soon
That's exactly what several folks said about Bernie Madoff........
I have visited the company's facilities, attended the shareholders meeting, spoke in person with Alan Stone, Aaron Taylor and real Nanotech employees - ooooooo weeeeee - NTEK is the real deal.
Aaron Taylor is a phenom.
It seems as though some are very confused about the AS versus OS numbers...........
The AS has ABSOLUTLY no bearing on the PPS of the stock...........
It is the OS one needs to pay close attention to......just go back and see how much the OS has risen in the last year alone......it's ABSOLUTLY mind boggling........
With the latest addition of 51 million shares into the OS......they are quickly approaching the maximum AS count......just like the text book play of all past pump and dump scams, you can take to the bank that a reverse split is in the near future.....OR a massive increase in the AS.......beware of the stories that will be forthcoming about using this so they can UPLIST........BTW.....there are several places right here on IHUB, where one can learn all about these scams and how they work.......very enlightening material to be found by those who seek the truth........
GL
NTEK.......the KING of coming soon
Isn't it so very obvious?....
Hey ice. In your opinion, what are they using the money for?
ABSOLUTLY.........debunked......
Pump n dumps all of them go for months and months and months........
First wave ( just like here ) is to load up with millions upon millions of shares.....over several months....usually about 30 - 60 days apart....one can tell by the 3 HUGE volume spikes ( review chart history of NTEK).......
Followed by several months of a PR blitz....( just like here )
Followed by an attention pop to get naive retail investors to bite...( again just like here )
Followed by more loading, and then DUMPING into manipulated buying frenzy.....( notice past price run )
Followed by BAGHOLDERS claiming the best thing since sliced bread....( just like here )
Followed by a slow bleed back to trips as more and more share holders wake up to the truth...( happening here)
BTW.....I have called SONY & VIZIO ,again everyone I have spoken with has no idea who NTEK or ULTRFLIX is.......
Even called the PR'd auditors , and their reply was "it's unethical to discuss ANY business dealings About ANY clients ".........
As usual.....everything NTEK........DEBUNKED
I'd say it's about average......
so I guess this has been the longest running P and D in OTC history
That's EXACTLY when this pump and dump started.....a little more then two years ago......
This following quote sums NTEK up perfectly....
I had to dig up the company’s financial information as I drew a blank on the SEC website. The last thing NTEK filed with the SEC was the form to suspend their stock registration. You know how that always gives me the warm fuzzies when looking at an investment.
It’s a no brainer to leave this sub penny stock exactly where it belongs, far away from your portfolio.
You should wait.......
Next week wayyyyy cheaper.....
NTEK.....almost here for sure THIS time....