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$30K payday for the exceo.
The "analyst report" is written by an independent analyst, who is "a Certified Financial Analyst (CFA) in accordance with the CFA Institute Code of Ethics and Standards for Professional Conduct. The analyst has previously conducted research for a number of Western European and North American financial institutions, including Janney Montgomery Scott."
So who or what is this "independent analyst"? I visited the NWMT website and there is the report. The author's name is on the first page, Vitalie Eremia, and he was assisted by Oxana Sutreac. No company name is mentioned. So I did a Google search
for "Vitalie Eremia," and found him . . . in Chisinau, Moldova. If you have never heard of the Republic of Moldova, you are probably not alone. The tiny land-locked country was carved from the former Soviet Union and rests on hilly ground between Romania and the Ukraine.
Vitalie Eremia is the 28-year-old owner of a company called AskAnalyst.com, which according to the company's website
, does "equity research outsourcing" with "competitive pricing" from Moldova, the "lowest cost European country." Mr. Eremia maintains a blog called "The Moldovan Connection" at http://ervit.blogspot.com/ Here is Mr. Eremia's Facebook page, including a shirtless picture of the "independent analyst": http://www.facebook.com/people/Vitalie-E...
The AskAnalyst.com website reveals what kind of work Mr. Eremia did for Janney Montgomery Scott: "outsourcing part of the research function" for a report. So NewMarket's assertion that the "independent analyst" conducted research for JMS is apparently true, but Ask.Analyst did number-crunching, not recommendations.
So NewMarket went all the way to Chisinau, Moldova to find someone who would give NWMT a $1.47 valuation. You might want to read carefully the "independent analyst"'s final sentence. After mentioning that $1.47 is much higher than the stock's current price, the report concludes, "...but we don't believe it is not an overestimation." That is one tricky grammatical construction! But if you cancel out the negatives ("don't" and "not"), you get: "but we do believe it is an overestimation."
can anyone give us the O/S count???
exceo said no buyback planned
call the trnasfer agent. ask him for the O/S count and report back.
simple question, what is the O/S count?
please call the transfer agent and report the O?S. thank you clay
You posted Noller was calling you back? this lifetime?
What was the O/S count on Monday? Today? Since I cant get a straight answer from the transfer agent, please do tell!!!!
EXCEO's take along with his cronies for today,$100K he wants to thank you all for playing and lining his pockets,
go to their SEC filings. They are all there. Its tedious reading though. Thats what he counts on. Get all the facts and make your decision. Sco, Herbie and I have been burnt. We all have our own businesses. If your post was a subtle jab, so be it. if you want to learn educate thyself.
Preview of the webcast:
1. The PPS is not reflected in how great our business is
2. Its not our fault
3. We have exciting things coming up
4. for the umpteenth time we are changing directions
5. we will have great news coming
6. we have to sell stock because of the OTC paradigm
7. This report with its candle sticks shows we are great
8. nobody in the markets understands us
9. THE EXCEO is a great leader and is all knowinr
10 MY FAVORITE..contact us we value your opinion
Last time i called T?A they wouldnt give me )/S total. if you call and get it please post. thanks clay. This will give us a good idea. but i hope these new guys make a lot of money. someon should on this stock
good luck building. look forward to you breaking heads...er breaking bread with the exceo!hey what do i know. hes never there and this guy claims to have talked to noller. Last time i called no one answered at all.
In January 2010, Ingram Micro, Inc. (“Ingram”), a supplier to our IP Global Voice operating subsidiary, obtained a judgment in California Superior Court for approximately $730,000 against IP Global Voice for payment of past due invoices. As the operations of this subsidiary were discontinued in November 2009, Ingram moved to enforce a corporate guarantee we had previously provided them in conjunction with a line of credit they had provided IP Global Voice. In the second quarter of 2010, we executed a settlement agreement with Ingram under which a third party agreed to pay Ingram in full settlement of all claims related to this action in exchange for (i) our issuance to the third party of a $715,000 8% unsecured convertible promissory note, and; (ii) a release by Ingram from all claims and judgments related to this action.
We have incurred expenses related to the settlement of lawsuits of $715,000 and $1,020,953 for the years ended December 31, 2010 and 2009, respectively.
As of December 31, 2010, we conducted an evaluation of the effectiveness of our internal controls over financial reporting based on criteria established in “Internal Control-Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission, or the COSO Framework. Management’s assessment included an evaluation of the design of our internal control over financial reporting and testing of the operational effectiveness of those controls.
A material weakness is defined within the Public Company Accounting Oversight Board’s Auditing Standard No. 5 as a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. Based upon this assessment, management concluded that our internal control over financial reporting was effective as of December 31, 2010.
This annual report does not include an attestation report of the Company’s independent registered public accounting firm regarding internal control over financial reporting. The Company’s internal controls over financial reporting was not subject to attestation by the Company’s independent registered public accounting firm pursuant to temporary rules of the SEC that permit the Company to provide only management’s report in this annual report.
In April 2009, GreenShield assigned 500 shares of Series J Convertible Preferred Stock to ES Horizons, Inc. a management company that is beneficially owned by Philip Verges, our Chairman of the Board. In May 2009, ES Horizons exchanged their 500 shares of Series J Convertible Preferred Stock for the issuance of 500 shares of newly authorized Series K Preferred Stock of the Company. Pursuant to the terms and rights of the Series K Preferred Stock, the holders of the Series K Preferred Shares shall have the right to vote on any matter with holders of Ccommon stock voting together as one (1) class and the holders of the Series K Preferred Shares shall have that number of votes (identical in every other respect to the voting rights of the holders of other Series of voting preferred shares and the holders of common stock entitled to vote at any Regular or Special Meeting of the Shareholders) equal to that number of shares of common stock which is not less than 51% of the vote required to approve any action, which Nevada law provides may or must be approved by vote or consent of the holders of other series of voting preferred shares and the holders of common stock or the holders of other securities entitled to vote, if any.
(1)
Based on 10,964,272 shares of common stock outstanding on December 31, 2010 and the conversion of Series J Convertible Preferred shares and convertible debt eligible for conversion on that date for a total issued and outstanding on a fully diluted basis of 12,605,623 shares.
(2)
Based on 500 shares of Series K Preferred Stock issued and outstanding, which are deemed to be the equivalent of 51% of all shares of Common Shares represented at and entitled to vote at any shareholder meeting of the Company.
(3)
Based on 10,964,272 shares of common stock outstanding on December 31, 2010 and the conversion of Series J Convertible Preferred shares and convertible debt eligible for conversion and the Series K Preferred Stock being able to vote 51% of all shares of common stock issued and outstanding, the Series K Preferred Stock is equal to 13,120,138 shares of voting common stock.Conversion of debt and interest to preferred stock
3,250 3 3,249,997 3,250,000
Conversion of debt and
interest to common stock
23,919 24 1,122,361 1,122,385
Issuance of preferred stock for law suit settlement
1,000 1 999,999 1,000,000
Issuance of common stock for services
2,000 2 197,498 (197,500 ) -
Issuance of common stock for
trade payables
1,262 1 134,162 134,163
Amortization of deferred compensationWe have incurred expenses related to the settlement of lawsuits of $715,000 and $1,020,953 for the years ended December 31, 2010 and 2009, respectively.
annual Report shows major weaknesses
Short term debt up from 3 to 10 million dollars. Accounts Receivable up to over 30 million dollars. Goodwill up 7 million dollars. Income 2.6 million on 118 million revenue. Remember, the strategy is about high growth counties. This is an anemic Balance Sheet.
The shares outstanding at 12/31 were 10 million. That means they sold 800 million shares between Sept 30 and Dec 30 (that is in pre reverse split numbers. Their share count today is over 100 million (my guess).
Herbie, need your help. I called last month aand got no answer. Did not call transfer agent this month. can you stiop by and see if anyone other than the cutie is in the office next time you are down there? thanks clay
Direct quote from page 13 of the 10K:
"Shareholder interest in our Company may be substantially diluted as a result of the sale of additional securities to fund our plan of operation."
That's the story of this stock in a nutshell imo!!
no problem. how many more people deos this guy hoodwink. id like to know all transactions profit wisr. isnt the phantom condom factory so "FITTING"
i thought we all agreed to give the winnings to mich?????
i like it when the newbies question us and then repeat our info in their posts. on another note the contest winner resurfaced,,did you get him his winnings?!!!!!
webcast now on the 29th. no explanation. more time to dilute. where is the report?
REally, whom is in charge of that? Why wouldnt they be in yet? biggest day of year. Oh by the way, the head of PR is the exceos sister, a stay at home mom..right a $100 million a year co. with her as PR. sounds legit~
TO LOSE MORE MONEY! youve been had!
What? a $100n million a year Co. with no one in the office ? especially when a webcast and reportr are late? where are they? what are they working on? yeah fleecing invesotrs. bet his broker can gety a hold of hjm!!!
Here is a list of the consistent “pumps” the exceo, founder of NewMarket, engaged in over the years. He used his U.S. Military Academy experience as credentials, along with the stature of board member General Robinson (now deceased), once Chairman of Texas Federal Reserve.
from then ceo - IPVOICE COMMUNICATIONS INC (IPVO)
CEO Interview - published 04/12/2004
“We think that from an investment perspective, IPVO is a diversified, much greater opportunity for return
..................................................... ................
Dear Shareholders and Interested Investors:
“I am committed to delivering a long-term return to NewMarket shareholders
Best Regards,
still ceo Copyright © 2004
………………………………………………………
NewMarket Technology Inc. Launches Pharmaceutical Distribution Software and Begins Marketing in China after Increasing Healthcare Sales Rate by 100% Business Wire, Oct 24, 2005
“…technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends.”
………………………………………………………
NewMarket Technology Inc. Announces Record Date July 1st 2005 for Dividend to Shareholders.
“NewMarket shareholders will receive a property dividend in the form of DFTS stock at a later date.”
………………………………………………………
NewMarket Technology, Inc. Ranked Fifth Fastest Growing Company in North America on Deloitte's 2006 Technology Fast 500 Market Wire, October, 2006
“…and enhance shareholder value with the regular issue of dividends.”
………………………………………………………
NewMarket Technology Inc. Expands into Brazil with Acquisition of Technology Services Firm Reporting $14 Million in Profitable 2005 Revenue Business Wire, Feb 23, 2006
“…and enhance shareholder value with. the regular issue of dividends
……………………………………………………….
NewMarket Technology, Inc. Announces Henryk Dabrowski President of NewMarket Latin America and 36Month Plan for $150 Million in Revenue from Region; NewMarket Latin America President Presents RegionalPlan in Letter to Shareholders March 23, 2006
“NewMarket shareholders would receive an equity dividend in the newly listed company.”
NewMarket Technology, Inc. Signs Second Letter of Intent Advancing Strategy to Build IP Library and Issue One Dividend for Every One Share of Stock Business Wire, March 5, 2007
NewMarket China, Inc. Releases First Letter in Series of Updates on Acquisitions, Subsidiary Listings, Dividends and Move to a National Exchange Feb 22, 2008
“…establishment of a regular and continuous issue of shareholder dividends.
NewMarket Technology, Inc. Announces Dividend in Conjunction with Letter of Intent to Acquire Majority Interest in Silicon Aquarius, Inc. a Telecom Firm with 23 Patents.
…………………………………………………………………
I offer the below website with its findings.
http://www.gurufocus.com/news.php?id=899...
“Consider NewMarket Technology (NWMT), a company that provides a range of technology-based services. The company has total assets of $53 million, and has net current assets of $12 million. However, the company trades for just a couple of hundred thousand dollars! For a company with $100 million in sales, how can this be?”
………………………………………………………………..
PPS GETTING HAMMERED. NO WEBCAST NO REPORT. NWMT GOT DELISTED BECAUSE THEY FAILED TO REPORT ON TIME> THREE TIMES IN A ROW
oh, yes they do. he gets to count sales of stock as revenue. Hes screwing the same guys he hired to pump his stock. priceless. this is the third crew that has been taken in last two years,
PPS was down to .008 before reverse split. it went to .16. in less than 2 months with about an additional 500 million shares added it is down to this price, before that he reversed split the stock from 270 million shares which he sold 59 milion shares within the last weeks before the split took place, a split he promised in a webcast woiuld never take place, That split was one to get the pps up for a new excahnege listing. sound familiar. i dont knpow who is paying this new group or person, but i can tell you this is the third time we have seen this here. He promised us $5.00 a share price and dividends.
NICELY DONE SCO!!!!
Tell me when what i post is not true
TELL ME THIS...
1. Who is in main office?
2. Where do the 60o0 employees work?
3. where is $160 million contract
4. where is condom factory
5. what is O?S count?
6. Why no bank loan?
7. Who is Hugh Oneill, tilton et al?
8 What are terms of preferred share loan?
9. Show me any business of GREEDFIELD {Partners
10. EXC EO wins again. youve been had
Analyst report over a year old. Never reached any of his predictions. RXCEO conradicted report in webcast.
HERE ARE ANALYSTS CREDENTIALS LOLOLOLLOL
The "analyst report" is written by an independent analyst, who is "a Certified Financial Analyst (CFA) in accordance with the CFA Institute Code of Ethics and Standards for Professional Conduct. The analyst has previously conducted research for a number of Western European and North American financial institutions, including Janney Montgomery Scott."
So who or what is this "independent analyst"? A friend visited the NWMT website and there is the report. The author's name is on the first page, Vitalie Eremia, and he was assisted by Oxana Sutreac. No company name is mentioned. So he did a Google search
for "Vitalie Eremia," and found him . . . in Chisinau, Moldova. If you have never heard of the Republic of Moldova, you are probably not alone. The tiny land-locked country was carved from the former Soviet Union and rests on hilly ground between Romania and the Ukraine.
Vitalie Eremia is the 28-year-old owner of a company called AskAnalyst.com, which according to the company's website
, does "equity research outsourcing" with "competitive pricing" from Moldova, the "lowest cost European country." Mr. Eremia maintains a blog called "The Moldovan Connection" at http://ervit.blogspot.com/ Here is Mr. Eremia's Facebook page, including a shirtless picture of the "independent analyst": http://www.facebook.com/people/Vitalie-E...
The AskAnalyst.com website reveals what kind of work Mr. Eremia did for Janney Montgomery Scott: "outsourcing part of the research function" for a report. So NewMarket's assertion that the "independent analyst" conducted research for JMS is apparently true, but Ask.Analyst did number-crunching, not recommendations.
So NewMarket went all the way to Chisinau, Moldova to find someone who would give NWMT a real valuation. You might want to read carefully the "independent analyst"'s final sentence. After mentioning that the PPS estimate is much higher than the stock's current price, the report concludes, "...but we don't believe it is not an overestimation." That is one tricky grammatical construction! But if you cancel out the negatives ("don't" and "not"), you get: "but we do believe it is an overestimation."
HMMM .well well well.what a web of shanangins~!
investor relation did not answer? I thought one of these newbies posted they called NWMT twice????HMMM they didnt say who they spoke with did they?no webcast??? no report?? WHOA!! didnt see that coming???!!!!! EXCEO still winning.
.0007.you were warned
Former Auditor of NewMarket Banned by SEC
Stephen Durland (Durland CPA & Company) has admitted to securities fraud and will be sentenced on June 30, 2011.
hers how he works,,always late always wins..laughing all the way to the bank. wait no bank will loan him money.
hope you guys made $$ HERE COMES WHIPPER!!!!
gotta give credit where credit is due, hope you guys make alot of $$$$