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Got a good laugh reading the absurd stories on the outerweb. State that hedge funds are paying us to bash this stock. There's a million reasons this stock is a scam and denial is futile as the PPS continues its decent but to think for even a second that some hedge fund is involved here is shear lunacy.
How absurd is buying 1000 shares of a sub penny stock. The commission is more than the value. Clearly a desperate measure to bring up the PPS. Longs are most certainly scared and deservedly so.
Why would anyone pay to watch supposed 4K movies on a 480p projector. Of course they plan to make it 720p with an update but that's still not even regular HD (1080p). But the pump is on to fool the naive into buying an unaudited penny scam.
How absurd would it be to buy a phone from a company no one ever heard of that cost more than the premier phones from Apple, Samsung or LG. What more, is that the only thing that it has to differentiate itself is a projector feature that currently only projects in 480p with a supposed upgrade to 720p coming which isn't even high definition. Add to that that it only projects 35 lumens whereas a normal incandescent light is 12.5-17.5 lumens per watt so it is equivalent to less than a three watt light which makes the picture extremely dim. So how is this going to help a supposed 4K service?? Like saying people who buy paper plates are going to buy gold utensils for them. But no surprise here, anything to spin garbage to fool potential foolish naive investors. Some people have no moral compass.
And who are the employees and executives of NTGL? Why was their business license not renewed? What address is their business office?
And if it is reported that there was another raise in the A/S we can be absolutely sure that the outerweb will rejoice and spin it as a great thing for NTEK at the same time purporting huge revenues which of course makes no sense but logic doesn't fool naive investors into buying scams.
My my, the shorts have been supposedly worried accordingly for years yet the PPS down significantly over that time. But this time for real right?! LOL. Only people really worried here are those who bought into this scam and are in the deep red sadly, others don't care and spin any news even if paid PR as fact to scam others.
Of course NTEK selling shares to pay the bills because there's no other significant income to say of.
Said this was a scam way way back and as usual I was labeled a basher and worse by the pumpers here. Remember when I said the average newsstand makes more on chewing gum sales alone than the entire quarter sales of AXXE which was $2000 at the time? Now honest folks got to become bag-holders.
This volume no shocker NTEK has bills to pay by month's end and needs to sell shares certainly not getting any real income otherwise.
One has to shake their head at the absolute absurdity going on in the outerweb to spin anything into something fantastic for NTEK. Case in point the BS POS Akyumen phone which cost more than a top-of-the-line Apple, Samsung or LG. So who would buy one? The supposed big deal is that it has a projector built in; of course it is only 35 lumens and a 25 watt incandescent bulb is 200-300 lumens so the picture is incredibly dim. What more on their own site they say it projects in 480p (soon to be 720p) so it's not even 1080p so why on earth would this be a market for 4K video? It can't even do 2K and their old SD picture is super dim and without detail so defeats the whole purpose of any value to anybody but a pumper of course and there's no shortage of them to entice the naive penny stock purchaser. NTEK has plenty down 5 and 6 figures over the years.
How absurd!! 1) Nobody heard of this joke phone maker. 2) Cost more than flagship Apple, Samsung or LG phone. 3) A 25 watt incandescent bulb projects 200-300 lumins this POS phone's projector is just 35 lumins. How dim would that be. I got a laugh when I saw their website stating projects up to a 100 inch screen and showed a picture of a detailed color picture in the background. How bogus and impossible. Complete garbage. Oh and doesn't project 4K but then again UF is just up-converts 2K media like what my TV, receiver, and bluray player does automatically for free. What a joke this scam unaudited penny stock is.
Got to laugh about the outerweb. People spend less than $10 buying a higher than ask price to artificially raise the bogus NTGL PPS and all of the sudden great things are happening there. When DF comes back he'll take charge of it but he is a admitted felon and by virtue of that will be unable to head that division in any capacity if they expect to sell to casinos by federal law. Oops I guess that throws a wrench into the system but one is not supposed to state the obvious. Certainly if I wrote there I would be labeled a bashed and comment deleted even though true and fact.
Yeah, as if they need a shareholder's vote to do anything. They've been waiting well over a year for their proxy. I guess they forgot about the preferred shares held be the insiders that completely trump all other share votes. To really think that this is going to go to 10 cents prior to a R/S is hilarious. Complete denial but all one has to do is pick any month and search back on the outerweb site and you will read the great things ahead buying the cheapies etc., meanwhile the PPS has plummeted to a fraction of a penny. I also love reading how the BS phone company (Akyumen) no one ever heard of is going to help NTEK. Why anyone would pay more for a no-name phone then they would for Apple's 6plus or Samsung's or LG's derivative is foolish at best and absurd. Even though it can project an image of a joke 30 lumens not even in 4K so by virtue of that rules out any benefit.
And the two days before where literally the last minute of the trading day small amounts bought at or higher than the ask to make green where legitimate? Can't have both ways.
Fascinating reading the outerweb pump site. Posts paid pump site and that's great news but when someone notes the disclaimer their posts immediately deleted and yet another posts saying all sites have disclaimers to spin the inherent conflict of interest as normal and that post is kept. What a joke that site and NTEK is.
That same day our daily short reporter stated 6 million shares were shorted but in reality less than 150,000 were.
NTEK = Penny Stock Scam
Only in penny land can an unaudited stock who's founder is in prison can a R/S be a good thing.
You mean pseudo 4K. Just unconverted 2K that most smart TV sets bluRay players and receivers do automatically. No wonder it's a fraction of a penny. Hmmmm, where's those promised audits? By the way, why did top management leave if this is going to fly? Seems crazy to leave the ground floor opportunity but the insiders knew it was BS.
How funny, yesterday the R/S 25.1 was s lie and going to report the shorts. Today, true but shirts in trouble. Just like I posted yesterday, when it's proven true there will be s new spin to make it s positive thing. No matter what happens the bagholders try to spin it positive. They're truly the ones stuck as they are down over 90% all the while saying how the shirts are scared. The PPS says it all.
Daily short report stated here for 5/31/16 was over 6 million shares actual short number per official FINRA site 141,253.
Hmmmmmmm
Fascinating to read the spins on the outerweb. First the R/S report is a fabrication and the shorts are desperate to it real but now we're going to believe BS made up by a known pumper who the FBI labeled as a corrupt stock promoter. Anything to distort the fact that this is a scam. Amazing that IR being paid $10K a month has still not said a peep about the report even after repeated inquiries. What a joke this company is.
So if this document proves to be correct and the A/S is not reduced and it is a 25.1:1 R/S can't wait to hear the positive spin on that after all this time trying to blame 'shorts' forging official documents. How come IR not responding to email inquiry about the doc? All they have to do is simply say it's false.
Outerweb denying document is real because screws investors. There is no doubt when proven real then they will spin it as a great thing and the huge A/S number necessary as well. Has happened again and again on the outerweb especially since moderators there are also pumpers so only allow positive sentiment on that board.
Daily report is not representative of the true short volume but pumpers honestly know that. The agenda is to fool the naive investor searching the web. According to the biweekly FINRA report which is an accurate representation very little short volume.
Really???? Literally the very last minute of the day a $1200 paint above the ask and people are making money? I like how say the same for NGTL when no stock sold at all yesterday. Yeah, people really taking it in.
The spin that a garbage phone by Akyuman is going to drive purchases of UF is absolutely absurd. Let's look at the real facts, it cannot project 4K so why would someone use it to purchase pseudo 4K. What more it only projects 35 lumens of light. A 40 watt bulb distributes 400-500 lumens. So one is to believe that you're going to be able to project a bright picture onto a wall with less than a tenth the light of a 40 watt bulb. The picture will be very dim and lack considerable detail but this is going to be a game changer for NTEK.
As I predicted last night right after the R/S was posted the outerweb is spinning their BS that it is a good thing no matter what the ratio is. As if they're going to get out of penny land. No audits although promised soon virtually for years with multiple different auditors yet never materialized. In fact NTEK doesn't even mention who their auditor is anymore. Shareholder's letter after letters with really nothing to say and empty promises. Promised monthly update -- never happened. Promised NTGL audit in a few days == never happened. What did happen was multiple executives leaving within the last few months abruptly. An increase in A/S that was immediately dumped within a month's time. An outerweb that's modus operandi is to spin bad news and lie about shorts dropping the PPS not dilution. A character posting literally useless daily short reports that any savvy investor knows is meaningless. The real FINRA short report that has less shorting in the entire month than he states occurs literally daily. Proven time and time again yet still posts the daily short report because morally bankrupt and has no remorse or empathy for those being fooled into investing into this scam.
The outerweb more concerned about pop-up ads than the fact that their stock is crashing and they've been scammed.
You mean like the audits coming in a few days for NTGL at last year's SHM and never happened and now it died with no employees and no renewed business license.
Yup, I was right. News comes out of the R/S and the outerweb spinning it as a great thing. Omnivance working hard to earn their $10K fooling longs and anyone foolish to believe this non-reporting unaudited scam actually has a chance to go anywhere but down the toilet. Founder in prison, Insiders recently abandoned ship. Only people left are bag-holders.
Funny how some people are privy to assumably inside information out of nowhere when things are going South to keep the fools holding or buying more. How far down does one's investment have to go to finally realize you blew it? It's time to say, "Uncle". This scam is all played out. Will not have another million to keep last year's 'rental' of Paramount 2K films renewed this year.
Doesn't mention the ratio but clearly it's going to happen. Can't wait to read the spin on the outerweb of what a great thing a R/S is for a penny stock. Of course people will grumble initially but then the spin will come in and the angry posts will be deleted and only positive posts allowed.
All the Paramount films harped here again and again are not from native 4K but from 2K source material. My Darby which hoes through all my source material does a better job than UF. In fact works so well that Oppo put it in their bluray players.
But UF is only an up-conversion from a 2K source NOT a 4K source. So as stated many times most 4K sets, decent bluRay players and receivers do this automatically for free. Why pay even 10 cents for something you get automatically for free.
Honestly I don't think minuscule, there is always a market for new tech. I like to buy the latest stuff and I can't be alone in that quirk. UF however is a joke because it is just an up-conversion of a 2K source which most smart 4K TVs do automatically for free as well as many Blu-Ray players and decent A/V receivers. So there is no need for this product because it's premise is flawed. Why pay for something you get for free.
Foley is already a very rich man and has made millions while sitting in prison or did you forget that the Royal Capital Group a supposed unrelated and unaffiliated investor according to NTEK's own financials was in fact set up by David Foley and funneled him over a billions shares. How is the founder unrelated and unaffiliated?
Willllllllllburrrrrrrrrrrrrrr
Increase in A/S, R/S or both guaranteed this month unless stock halted of course.
I believe that SIRI model just like I believe the daily FINRA short report which is meaningless and has been proven to be so many times by reliable sources yet printed here and the outerweb daily to fool naïve investors. Some people have no moral compass so I expect to see the daily report tonight.
Almost 6 month old article hardly is proof of anything other than people still pumping last year's hype. PPS down significantly since that article was written. The only thing up significantly since written is the A/S and O/S.