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WATCH THE BIG DROP TODAY!
The Sec hammer can fall at any moment.
LAW SUIT
Why hasn't Campo filed a 8K about the lawsuit filed against NEWC?
I Believe he defaulted on the contract and was not able to deliver. So sad, Campo has built a poor reputation.
BEWARE - TOO LONG SO SAD
Can someone let Campo know that he seriously delinquent and SEC may suspend any day.
The Short story of a man named CAMPOS.
He was just a five and dime stock broker and salesman. In the past he got caught up with hanging out with the wrong people. The Gotshalk's befriended him and in my opinion led him to the slaughter like a lamb.
He never knew how to run a company and still does not. He has become cynical when the people on this board caught him in his lies.
It appears the gig is up. Campos fled home to Columbia. Guess he and his wife now can live in hiding happily ever after.
The Ens
Just my opinion.
What will tomorrow bring?
With suspension getting closer and closer it is obvious that the the PPS is going down. I would look to another drop by 10-20% tomorrow. That is of course it doesn't get suspended.
We all know the risk of playing this ticker.
The broken promises, mismanagement, the refusal of the CEO for being taking care of his fiscal responsibilities to shareholders. This is serious business when you been entrusted with someone's hard earn money as an investment. And when a CEO laughs and mocks his shareholders for asking serious questions that's just not acceptable.
I think he should resign or get the 10k filed immediately. No more excuses.
Just my opinion.
NEWC MAKING NEW LOWS!
NEWC is on the way to making new lows as Campo scrambles to get investors to believe that he now is serious about getting the SEC filings up-to-date. Unfortunately, I believe it is a little to late and PPS seems to indicate the same sediment especially now that people understand there is no short positions on this stock.
Be wise! Do your own DD. Good luck!
Yes the website is so out of date and very misleading.
True... and know he sends out manipulative emails to get stockholders to believe it won't be revoked. Why not release the correspondence from the SEC and the response from the attorney. If he is going to be transparent then be transparent. Not saying don't worry.. be happy... I'm working hard.
No doubt with the T Trade working hard to get as much money as possible. I'm sure when the dust settles it will be seen as a scam or manipulation scheme. How many contracts are now in default?
And we will see if this is released how the Gotshalk Clan is involved. Because of the last filing I think we will see NEWC crash and burn. To me it's a defensive move to admit publicly that the company could be suspended or revoked at anything.
It reminds me of a campo statement that went something like this: You all knew you were buying stock in a seriously delinquent company.
SCAM OR MANIPULATION
To me that's the big question. I thought at one moment he was incompetent. But it appears that this is manipulation or a scam. If it is proven manipulation then the Gothshalk connection will be the fatal blow to NEWC. If it gets suspended, then I guess we will all agree this is a scam.
NEWC now is in a no win situation.
Just my opinion.
WHY WOULD CAMPO FILE THIS 8K?
I wonder why Campo would file a this 8k since this information is over 8 months old.
Could it be:
Was he advised by legal counsel.
He is trying to avoid other legal problems that may be both criminal and civil?
Is the 10K ready and he is trying to manipulate the market?
He seems to be finally admitting that the NEWC can become revoked from trading at anytime.
What next?
Anyone have any thought?
NEWC WILL BE REVOKED OR SUSPENDED
I was corrected as they can no be delisted. My understanding is that delisting is for those not in compliance with major boards which NEWC is not.
In my opinion have your trading power revoked or suspended is the worse thing that could happen to investors.
JOHN CAMPO ADMITS HE HAS NO CONTROL
WARNING SCAM CONTINUES
Regulatory agency confirms no shorts!
http://otce.finra.org/ESI
Here is a simple way to know if there are any shorts. Call your broker. It is a free call. Ask them what the short position of NEWC is. I'm confident that if you called your broker he/she would be able to help you understand how MM's do naked shorts and that this is different than a short position.
Some people become fooled by MM's naked shorts.
Just remember that Campo himself has led investors to believe that the 10K's would be filed at anytime and he has refused to produce them. He has fled the country, documents were misplaced, contracts became in default because of failing to file, now a law suit.
Who are you going to believe the regulatory agency, SEC, your stock broker or the CEO that has not produced a 10K and has made empty promises?
THANKS FOR CONFIRMING THAT REGULATORS NO SHORT INTEREST FOR NEWC
CONFIRMED NO SHORT INTEREST
When you go to http://otce.finra.org/ESI
You can search and find no short interest for NEWC.
it appears there is no one coming into invest in this stock with any substantial money. I expect the T-Trade will be huge this week as anticipation of the suspension is coming.
it shows true manipulation at work
CAMPO CONTINUES TO REFUSE TO FILE 10K
Campo has said several times that the 10K will be filed soon, in a week, by a certain date, and he has yet to produce a filing. He even told us that the audit was complete and was in review with his attorney, but something was being reported by the auditors that Campo must of not liked. So the 10k was not filed and the Auditors resigned.
Campos has blamed so many people for his in ability to get a 10K filed, which has resulted in contract(s) going into default. If he can't do that what makes anyone think he can deliver a lump of coal.
Just my opinion
BAD NEWS TODAY!
Yesterday's News is still bad news today for NEWC.
Still No 10K
Still no confirmation by auditors as to the involvement of Gotshalk in this stock.
Still no update on contracts that are in default
The old news is still current bad news for NEWC!
WARNING THIS COULD BE SUSPENDED AT ANY MOMENT!
Just my opinion!
If NEWC was legit they probably should have their audit financials completed on time. Of course this would require them to pay auditors as agreed, give them all the information and not play hide the salami, as well have better control of documentation as do not having to default on contracts as in past history.
FACTS - CAMPO has made several promises for the last 2 years and has not come through on the 10K. Since this is so delinquent don't be surprise if the SEC suspend this any day.
WATCH NEWC GAP DOWN TO .0027
It is called Disclosure, and Campo has not fully disclosed information to auditors. MB complained about it. Stockholders have asked about it. And there is no 8K or 10K that shows he is no longer involved. So I ask you for the facts that show he is no longer involved.
Facts need to be verified by Auditors. But when auditors don't get paid as agreed, when documents are misplaced or material facts withheld, then one must consider the option that this is a scam.
It still shows Gotshalk is sill involved. He was hired as a consultant. Imagine hiring a consultant that was involved with Stock Manipulation. He is also listed as a major stock holder. So in other words he is still involved we just don't know to what extent yet.
We might never know to what extent even if the stock gets suspended.
Gotshalk involvement - FACT
We have no facts to show that Gotshalk is no longer involved in this stock.
I only have facts that they have not current on their SEC filings. This will lead to SEC taking action. When we do not exactly know. But we do know that NEWC is on borrowed time.
Well the facts speak for themselves and are undeniable
FACT NO 10K
Contracts in Default
But at what point do you take your loss? or do you let it ride since you likely lost so much you can only pray this is not a scam despite the truth.
NEWC TANKING WITH FEAR OF EOM SEC SUSPENSION OR REVOKATION
In Campo style, He has said several times that he understands the importance of being current. After all, we know that the SEC sends out letters to those companies that are delinquent. NEWC would be no exception. Unfortunately, the scam that started with Gotshalk continues today with John (Juan) Campos.
Well the downward trend is confirming that the issues surrounding NEWC are numerous. Who's fault is it? The buck stops with the CEO. He has failed as a CEO. He refuses to file the 10k. He fails to accept the responsibility and blames others for his incompetence. That's the simple truth.
He was brought in as a consultant and given shares of stock. So yes he was involved and that is why MB was likely having major concerns. You should talk to MB they might shed some more light on it for you so you can get a better understanding of this scam.
The main thing is the integrity of the CEO. He has not disclosed the truth to the shareholders or auditors.
That is the main concern in my opinion. Gotshalk's involvement proves that this is a Scam. He is still involved and CAMPO has confirmed it. There has not been a 10K or 8K to show otherwise.
The Problem is not the financials... The main problem is that Campo has misled shareholders in the release of material facts that have not been confirmed by auditors.
Ex. The Gothsalk family connection, Contracts in default, deals released in PR then not fulfilled and follow-up with 8k or 10k.
All these are examples of other important factual information that would be included in the 10K. Then financials are just a part as well as how well the documentation has been handled for the financials
Facts
Thanks for the correction that NEWC can't be delisted.
The Facts then produce much worse consequences for a stock that is seriously delinquent as NEWC. Suspension or being revoked will be a huge blow to anyone shareholder invested in NEWC.
This makes perfect sense as why MB resigned. Simply put Gotshalk is still involved and it was not reported properly. And Gotshalk involvement and problems with the SEC does carry over to NEWC. Some of the same players are involved. MB likely is in trouble because how they did not properly disclose the information in prior 10Ks.
Campo is the one who has wasted peoples time and money in my opinion on his incompetence or purposeful mishandling of fiduciary responsibilities. The buck stops with him as to why the company is seriously delinquent with the SEC and facing delisting.
Those clearly are manipulative statements.
All investors should have access to verification of information from a filed 10K -
FACTS PLEASE -
Here are the facts:
Gotshalk is still involved
Contracts in default
NEWC unable to deliver on contracts
NEWC fails to file 10K, 10Q
CEO Manipulates stock
Important documents misplaced
Accountants not paid as agreed.
Unsubstantiated Press Releases
Major uphill battle to prove this stock is legit.
If I were Campo, I would want people to move on too so I can bamboozle others into buying my lies too.