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Fact: Royal Cap = David Foley
Just to put a period on it:
Fact: Royal Capital Group (http://roycapgp.com) was set up in March, just days before the massive dumping began again.
Fact: Royal Capital Group is a shell with a "virtual office" and a listed phone number that rings to David Foley.
Fact: RGC was built on NTEK's own server array, with the contact info for the website as being none other than Fed Foley himself.
Fact: RCG doesn't actually exist. There is no "global" company as falsely claimed on their sham one-page RCG website.
Dots are so simple to connect, heck, my five year old daughter understands it.
Does D. Foley work at Royal Capital?
Cause if you ring the number listed on Royal Capital Group's website, it's David Fed Inmate Foley's voice. Does he work at RCG? Cause you can't work while in Fed lockup - against the FBOP regulations. It's the same number he's been using since the Hyperware and DJ'ing dayz....Lol.
Makes you wonder where the money went
Nanosham "execs" admitted they are behind on bills at the paid pumper summit, so wonder where all that cash is? FYI - those bills are still not paid. Must be continuing to try and hold off creditors and/or legal actions before this thing folds up. Now that the end is near, should be interesting to see how many of those 50 million employee shares coming off restriction on Wednesday get dumped.
Well, it was either catch Foley in the most linear pump and dump scam or waste space posting every time Nanosham put another crappy old scaled HD Paramount flick on their service nobody can get.
Seems to benefit scammed shareholders much more to inform them that the crap is going to get shut down rather than falsely lead shareholders that there might be a few pennies coming in from their "front" aka Nanosham.
Awesome DD AlanC!
Your unmatched knowledge of the REAL goings on within the OTC is both vast and well documented - every investor should read all of your posts before investing a nickel on the pinks. It's truly incredible really.
On behalf of all NTEK investors, we were hoping you could unleash your considerable cerebral war-chest on that pesky little issue known as ROYAL CAPITAL GROUP?
Would be very curious to hear your fountain of knowledge on exactly why no investor should be the least bit concerned that NTEK's jailed founder created a fake investment group who, in turn, gets funneled hundreds of millions of shares from said founder's own company.
Should we be more worried about the daily short report or that little Royal Capital issue? Which is more likely to sink investor fortunes?
50 Million Insider Shares
Is the answer. But it's all so confusing, as the current share structure doesn't show that number of shares available. How does NTEK rectify this issue?
But whatever. David Foley's fake Royal Capital Group is going to take this thing down, 50 million unknown shares coming off restriction in three trading days. Think insiders will hold or dump with the end near?
But peeps want to quote Wiki crap written by some scorned nobody; garbage HD TV shows that A&E forbid NTEK to even put a PR out on; and a mythical Hisense remote that will somehow have a Ultrasham button, although the pictures clearly show the one-clickers are Netflix, Amazon, Vudu and Youtube.
Whatever.....
All this A&E Crap is HD
When do the lies end with this sham? All that TV crap is shot and finished in HD. For Ultrasham to say it's going to be in "stunning 4K" is a complete and total lie to pump the stock.
Here's one example, just starting with the first lie from Ultrasham:
"A new licensing agreement with A&E Networks will offer UltraFlix users three top 2015 TV Series and an Lifetime original movie in stunning 4K. Starting this fall, UltraFlix will begin streaming History Channels Award Winning Sons of Liberty..."
First of all, Sons of Liberty is a three-part mini-series - one and done. Hardly qualifies as a series.
Second, the mini-series has ZERO 4K, as it was shot and finished in 2K. The master format is nothing more than 2K, as clearly outlined on IMDB specs page. It's shot on video, it's not even film, so there is nothing to "convert" here at all. Just more scaled HD garbage. And its not even finished in stereo - LOLOL.
http://www.imdb.com/title/tt3782838/technical?ref_=ttfc_sa_6
A little REAL DD goes a long way in exposing the depths of this scam.....
Anyone longs contact Royal Capital Group yet?
Anyone curious where 100% of the first A/S hike (aka 600 million shares) went?
Anyone interested in finding how all about this exciting, dynamic, multi-national investor? After all, Royal Capital Group "claims" to be the "Silicon Valley based division of a GLOBAL INVESTMENT GROUP."
Any astute investor doing real DD on their investment here would certainly want to know everything they can about the sole, primary capital participant in NTEK, right?
Anyone contact Royal Capital Group? Does anyone answer the phone at this "global investment group?"
Anyone find out where Royal Capital Group's "global headquarters" are based?
Anyone contact NTEK Investor Relations to get more information on this "global investment group" who were issued 100% of NTEK's first A/S hike of 2015? And most like all of the second hike?
Anyone contact NTEK's CEO (whomever that is) to find out NTEK's relationship to this "global investment group?"
Anyone contact NTEK's CFO (oh wait, is there a CFO?) to find out how NTEK is getting funded by his "global investment group?"
Anyone at all?
Not sure it's sound investment advice to throw money at a stock that is on the verge of being suspended.
The facts are undeniable, the IR is gagged and the principals are scrambling for a meeting at Taft now that the ruse has been fully exposed. Ya know, to see what the felon suggests his sheep do to try and explain away the Royal Capital bombshell. Which cannot be refuted or denied, as it is a pure, linear pump and dump scam. Plain as day, all on record for anyone to see. Including the SEC, FINRA and the Feds.
Typically people never see a dime of their money back once these pump and dump scams get delisted.
All JMHO of course. Well not the facts, but the other stuff....
Might want to spell out the steps...
On this board. Not everyone is as adept at knowing the steps to take to report their being fleeced by scams such as these. And typically, people assume everyone else is already doing it, so why bother. Links for others would be good, so everyone who is getting scammed can get some revenge.
These are are simple online submissions people, not complicated, and, as stated, only take a few minutes of time.
As for FINRA, for whatever it's worth, my wife's sister and her family live right down the street from Cameron Funkhouser, who runs the entire fraud department at FINRA. His wife and my sister-in-law are good friends. Although I filled out all of the online submissions, I also asked sis-in-law to stop by this weekend and hand him a few choice pieces of evidence.
Get this process sped up.
T-minus to shutdown time?
"Fictitious" Debt
Backdating to when - LOL? There is no accounting for these amounts as loans or notes on any balance sheet ever filed by Nanosham - certainly not in 2014.
Investors bought shares based on numerous false PRs issued by the company as well as completely false and misleading financials. Shares issued to a fake "investor" company started by the same crook that was still running the company that actually supplied the shares to his fake company at the time. Hard to wrap your head around the linear nature of this scam, eh?
I don't think it's just Jeffy and Davy. No way the other "principals" Al, Aaron and Petey can claim no knowledge of this when the shares they issued for debt notes have zero accounting for any "debts" or loans. No wonder Wire Transfer only spent a measly 100K in marketing for the entire year. That's lunch money and a couple of turns at Craps during CES.
Wait, isn't back dating fake convertible debt notes and then exchanging them for shares of your own company at par value illegal? Ha.
Royal Capital Timing - Mystifying
So, Foley creates a domain for his fake Royal Capital Group on NTEK's own server array on March 10. Three days later, on March 13, his own company, NTEK, issues his fake company 26 million shares of NTEK? Timing is ironic, eh?
Then David's own company, NTEK, proceeds to issue more than 100MM shares of NTEK to his fake Royal Capital, just in the month of March? Look at the volume spikes in March/April. It's all so mystifying.
Then David's own company proceeded to continue to funnel nearly 600MM shares in smaller lots to David's own "Investment" company Royal Capital like clockwork through September? As the PPS continued to fall? Yet at the fake SHM the principals claimed they were "not pleased with the current PPS?"
Royal Capital Group is a self-proclaimed "Silicon Valley Division of a Global Investment Group." Yet Wonkey Dong from IR has gone radio silent explaining exactly who they are, and there is zero information about any global investment group known as Royal Capital.
The scam is so linear and obvious, it's hysterical.
That's putting it mildly...
Even the most basic understanding of rudimentary securities law pops the largest red flags imaginable. Not to mention the fraud compounded by the rules governing the FBOP. What's worse is that Foley has sucked everyone from NTEK, NTGL, paid attorneys, family, Wong's IR firm - everyone will go down as complicit in this scam.
What kind of critical brain disease does someone have to continue to hold (let alone buy) this scam? It's going to be de-listed, and I see no scenario where NTGL doesn't go down with it.
More than 1/3 of all shares were funneled through this fictitious "Royal Capital Group." And that's just through June of this year. By now it has to be more than 1/2 of all shares.
This is a public fact, stated on the record in Nanotech's public filings. There is no incorporated business entity under the name Royal Capital Group in Nevada or California, but it's obviously hidden under some other umbrella shell.
We know that the Royal Capital "company" website is tethered without question to the rest of Foley's web aliases. The "company" is a virtual office in Los Gatos were Foley used to reside before he went to Federal Prison for Fraud. We know the phone number listed goes to a voicemail with David Foley's voice.
So more than 1/3 of all shares in Nanotech were issued to Royal Capital Group, yet the Wong Dong IR idiot has yet to clarify exactly who this entity is, where they are incorporated, who the principals are, what Nanotech gets in exchange for issuing Royal Capital more than a 1/3 of all shares, etc. The question was posed on the Investor FB page, but there has been no response.
Shocked this scam is still trading. And bagholders refuse to believe. But they also refuse to hit IR hard to disprove the facts of this Royal Capital Group share selling scheme.
Should be a very interesting few days here.
Last Nail In Royal Capital Coffin
Just this last little tidbit on the Royal Capital Group funding scam. All the DD is clear for anyone who takes two seconds to read the posts.
Royal Capital Group, based in a rented "virtual" office next to Davey Foley's house in Los Gatos, has a listed phone number right on its one-page scam website - (408) 692-5560. See it here:
http://roycapgp.com/
Oddly enough, the formal name for one of Nano's scam subsidiaries, Nanotech Media Corp., has the EXACT SAME PHONE NUMBER as Royal Capital Group. See it here:
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=214896793
Whoops. Peeps now have all the information necessary to report to FINRA and the SEC. This Nano scam is being funded directly out of the pockets of David's Royal Capital. Essentially the company is issuing shares to Royal Capital, which in turn is dumping them on the market and round and round we go with this very clear and obvious scam.
All those statements in the Nanosham disclosure about Royal Capital Group being an "unrelated and non-affiliated" investor are complete and total lies. Pure play pump and dump.
More on David's Loan Shell
Royal Capital Group is a rented cube/workspace in Los Gatos. An empty desk with a VOIP phone that is actually based in San Martin, NOT Los Gatos. David's Royal Capital Group is based at Satellite Los Gatos, which is one of those "virtual" offices. You pay $99 bucks a year and get what appears to be a "physical" address. In this case, 20 S. Santa Cruz Ave, Ste. 300 in Los Gatos.
What an absolute and total complete scam. All the shares were issued to Royal Capital Group, a non-existent "company" using a rented $99 physical address down the street from David Foley's house. With a one-page faux website. LOL
No red flags here, Nope. None whatsoever.
Royal Capital = David Foley
No kidding. Oddly enough, all of Nanosham's websites share the same hosting configuration. Take a look at the list of domains. Notice Royal Capital Group - LOLOLOL. Just can't make this up.
http://www.tcpiputils.com/browse/ip-address/184.168.16.208
P.S. - this "annual report" can't be for real. I mean, it's unaudited anyway, so if you're going to make things up, at least make them believable. Why point out the bloated payroll, bloated SG&A, bloated "professional" fees and drops in every "sales" category? And why make it so bloody obviously you have no working capital to actually pay your bills, as clearly admitted at the SHM? Sales Media = toxic financing, that's obvious.
It's like they're asking to get shut down.
Fictional BS
Visiting the "other" sites, all that is seen there are excuses for the ongoing failure to launch by this scam. Miserable bagholders who attempt to feel better about their poor lot in financial life with this garbage by finding others who have lost just as much or more.
All the launches from 2014 and early 2015 have now magically advanced to "if NTEK just launches on Sony, Hisense, blah, blah this quarter." Nobody asks where the tens of millions of dollars raised since Summer went. Nobody asks where the CFO is. Nobody cares that Paramount is all HD. Nobody asks for audited financials.
The latest pump? Other than the "buyout" rumors and $100 a share in 2016 garbage, its "if we get these launches in Q4, we're on track for $70MM in revenues in 2016."
Really? Does anyone realize that is 17.5MM downloads at Nanosham's average rental of 4 bucks? Does anyone realize that BS equates to almost 48,000 rentals per day - each and every day?
The "other" sites are so completely lost, it's comical. This crap is stuck in sub-penny forever until it gets delisted.
What company on this planet predicts $70MM in revenues yet doesn't audit their financials? Answer - only one - Nanosham.
Wonkey Dong clearly stated on his little FB Investor page "the Paramount Library is on it's way to being scaled and loaded onto UF."
FYI - native 4K is actually FOUR TIMES the image information and detail versus 1080. So no comparison. Of course, Paramount only gave Nano 720 files, not 1080, so it's even more of a joke. It is not possible to simply "create" image information and detail when it didn't actually exist in the first place.
Discussion over. It's tiring. The facts are what they are.
Of course, Wonkey Dong also said the Warners and A&E stuff would be announced and on UF on October 1. Whoops.
Yea, NTEK Blastoff - LOL
Just need a PPS gain of more than 100,000% over the next year to hit that $100 per share prediction. That's only like 8,000% each month.
And this garbage scam can't stay out of the sub-penny junkyard.
Must be Hightower's Misdemeanors
Dude's latest in a list of run-in's with Johnny Law include driving with expired plates and no insurance. Doesn't appear has though he's scratched up the coin yet to pay his court fines. They are months overdue:
https://lvjcpa.clarkcountynv.gov/Anonymous/CaseDetail.aspx?CaseID=11722993
There are a boatload more...
All from the May 2015 disclosure written and submitted by NTEK, so not sure what's up, but it can't be good...
On October 14, 2014 under terms outlined in the Company’s Employment Agreements, Issued employees a total of 35,307,929 shares of common stock containing the restrictive legends.
On October 14, 2014 under terms outlined in the Company’s Employee Investment Stock Option Plan, Issued Employees,15,500,000 shares of restricted common stock containing the restrictive legends, issued upon request and conversion notice increasing the company’s cash position by the same amount covered in the conversion.
On November 3, 2014 under terms outlined in the Company’s Employment Agreements, Investment Stock Option Plans and related notes, Issued Employees per terms of agreements, 12,500,000 shares of restricted common stock containing the restrictive legends, issued upon request and conversion notice increasing the company’s cash position by the same amount covered in the conversion.
On November 24, 2014 under terms outlined in the Company’s Employment Agreements, Investment Stock Option Plans and related notes, Issued Employees per terms of agreements, 10,000,000 shares of restricted common stock containing the restrictive legends, issued upon request and conversion notice increasing the company’s cash position by the same amount covered in the conversion.
On December 12, 2014 under terms outlined in the Company’s Employment Agreements, Investment Stock Option Plans and related notes, Issued Employees per terms of agreements 23,100,000 shares of restricted common stock containing the restrictive legends, issued upon request and conversion notice increasing the company’s cash position by the same amount covered in the conversion.
Six Trading Days Until Dump-A-Roo!!!
On October 14, 2014 under terms outlined in the Company’s Employment Agreements, Issued employees a total of 35,307,929 shares of common stock containing the restrictive legends.
What's the prediction?
1) They are forced to raise the A/S and can't even make it to October 14, 2015 to let the insiders dump?
2) They R/S big time ahead of "insider dump day" and suddenly those Rule 144s are actually worth something?
3) They delay financials again until after the October 14 dump-a-thon?
4) ???
What a bunch of clowns
Go figure. Wong promises one lie, Nanosham counters with another. These idiots just simply cannot do anything they say they're going to do. Proves Wong has ZERO idea what he is talking about. Whatever pours out of his piehole is a complete lie, as always.
Staff limitations? Staff limitations? That excuse is a classic for all time. What about the CFO? Ya know, the vital position they promised LAST YEAR they were close to filling? They are making money hand over fist but don't have enough flunkies to do a one page made up spreadsheet to show to Davey?
All your going to get out of this scam is an A/S raise and more lies. This thing is stuck in sub-penny junk - investors losing faith left and right, and they can't even get a one sheet to Foley with made up some BS numbers in time.
Total BS crap - on its way to .005 and below for good.
Didn't start at SHM...
To be completely fair, Nanosham actually issued a public press release on the national PR newswire back in September of 2014. That announcement claimed an immediate launch on all Sony 4K TVs.
Further, Nanosham actually issued a public press release on the national PR newswire back in January 2015. That announcement claimed "one-click access" to Ultraflops on Hisense 4K TVs.
Interesting that a scam like Nano puts out two press releases with completely false and misleading information. Then they recently put out a press release denouncing "pump and dump" information.
So it has been more than a year since the "official" Sony announcement and 10 months since the "official" Hisense announcement.
UF is NOT available, nor has it ever been, on either Sony or Hisense TVs. If these are not two dead on examples of pump to dump I guess the definition is beyond my grasp.
It doesn't matter what Foley crap they put in their unaudited financials. Their IR already said they were blood red a month ago and Nano themselves said they are not paying creditors.
Look no further than two examples above to see nothing they say has any credibility.
Yea - posting unaudited financials there is soooooo legit.
But it will be interesting and will be a good laugh.
Anyone Can Make Roku/Amazon Apps
Even confirmed via the "trusted" site Cord Cutters - LOL
http://cordcuttersnews.com/confirmed-ultraflix-4k-streaming-coming-to-roku-fire-tv-sony-and-samsung/
NTEK has real 4K...
The problem is, it goes away on Wednesday due to non-payment of signed contracts, which have now expanded to the legal realm.
Tis a shame, as the IMAX-type titles were the only things worth two craps on Nanosham - the only titles in real UHD, but they're going away.
Paramount was more than happy to fleece Nanosham for several million bucks to get access to HD files already past their prime. On free TV, those titles would cost decent money. In TVOD, they're worth about $10,000 bucks in total, cause Paramount knows nobody rents in TVOD what they already get for free. Hence the whole idea of "windowing" content. So the Nanosham idiots paid free TV prices for TVOD rights. Brilliant.
All of Paramount's actual 4K titles were actually sold to MGO and others.
Whoops.
Nanosham isn't pre-installed on anything
LOL - I have a 2014 Samsung and a 2015 Vizio. Both 4K. The only thing pre-installed in terms of apps are the ones people actually use - in terms of video, namely Netflix, Amazon, Hulu and Youtube. Nanosham takes a technical mind, a lot of patience and a ton of scrolling to even find - which NOBODY is ever going to do, especially since Nanosham has done ZERO marketing. Nor where they able to pay the TV guys to get a pre-install.
And forget the 2015 Samsung, it is nowhere to be found.
Thanks - they have all been contacted.
I will also reach out to Corporate Communications at A&E and Amazon to insure they know that this penny scam run by a convicted felon (from jail) is putting out unsubstantiated information. The basics of every content contract dictate that both parties sign off prior to any public information going live.
Interesting that nobody from Nanosham has posted anything to refute the legal issues pointed out in the sticky - it's been there quite a while and we all know they read this forum.
Interesting that nobody from Nanosham has posted anything to refute the fact that they only have HD files from Paramount.
Interesting that nobody from Nanosham has posted anything to refute the fact that they run on a porn server.
Interesting that nobody from Nanosham has posted anything to refute the fact that David Foley, convicted felon for fraud, continues to make all decisions.
Interesting....
Nanosham Lies 99% Of The Time
That's how. To add to your question, how can a company advertise in their corporate boilerplate, which is issued on every public document, that they are "the preferred 4K STB and Smart TV App" for companies they aren't even on?
Zero Nanosham on Hisense. Zero Nanosham on Sony. Zero Nanosham on ANY 4K STB.
They don't care. Lies, lies and more lies.
P.S. - the WB deal is just like Paramount - catalog titles already out of the TVOD window. Already exhausted of their PPV usefulness. Already available everywhere else on the planet for free.
Oh, and HD files only. Just like Paramount. Look no further than the price points for all the Paramount crap. They are 3.99 - Nanosham's price for UPSCALED flicks.
This sham is going to announce a few of these useless things and then hike the crap out of the share structure - most likely blame the hike on the need to "market" these deals.
I agree they need to spend millions on marketing - otherwise nobody will ever know they exist. But they've said that before, and all the money raised from the share increases just goes "poof." As it will again.
None of these deals will bring in any revenue. No one rents upscaled crap they can already get for free. But many, many new bagholders will be created shortly.
Wong's busy pumping on FB
Wonkey Dong is out posting pump garbage BS on his "investor" FB page, oh, and confirming for the millionth time that the Paramount deal is HD only:
"The Paramount library is well on its way of being scaled, cleaned and encoded...."
There gonna announce a few things that mean nothing, then raise the A/S. Next week or the week after at the latest.
Behind on bills but flush with cash?
LOL - "The company readily admitted they are behind on bills" - directly from the in-person SHM recap.
That statement doesn't even begin to scratch the surface of the financial trouble these idiots are in. They could not right a check for 20 grand today that would clear - that's just a fact. Donkey Wong admitted as much publicly also when he stated they are still BLOOD RED on the balance sheet.
And to those who say the company has "millions in the pipeline," ask yourself why Nanosham is still embroiled in legal issues due to non-payment. Or why IR would publicly state their are in the red.
That A/S raise will be filed shortly. They have no other way to stay solvent. To think otherwise is a complete and utter delusion.
Nanosham completely outta cash
With no meaningful revenues of any sort, cash on hand is a day-to-day struggle - period. Delays in payments to vendors are piling up.
Wonder where those millions of dollars went from all of that previous dilution? Not into cash reserves.
A/S increase coming - mark it!
P.S. - pumpers, if NTGL isn't a division of NTEK, why does Petey say they are "auditing" by division and NTGL is up first? LOL.
P.S.S. pumpers, NTEK, the empty shell NTGL and it's crap ice carving "division" don't need to be audited by division in a vacuum. No reputable company does that - they do it in concert, especially when they are mixing money, like Nanosham is doing. The whole of NTEK is a seven day job for any competent auditing firm.
That is, if they don't have a crapload to hide, like where all those millions from the last two A/S raises went.
New bagholders coming in days when this POS PPS dives to .005
I got a peek at the "audited" financials.
I've copied and pasted them below. Should take about three seconds to see this is nothing but an empty shell.
It's "going up" based on what?
It's an empty shell with no business activities, no assets and no revenues. Just waiting for that one line item (capex) audited financial deck, eh? - LOL.
"It's going up." Wow - rock solid DD there.
What is painfully obvious to me is that this pig has lost all liquidity and the shares are tapped out. Which is to be expected. It will pick up in the coming days though once an A/S or R/S is filed.
People will see plenty of movement then. In the downward direction. From the sub-penny cellar to the 000s.
LOL - just like closed captions
The FCC will be mandating closed captioning for all OTT services in the US this Fall. Netflix, Amazon, Hulu, etc. are of course way ahead of the curve and already doing so as to not get in trouble with the FCC.
The process of obtaining/creating/matching closed captions is very complicated and very expensive. The fact that Nanosham isn't doing so already tells you they have no intention of keeping this scam alive much longer.
Just based on the number of hours they have now (not to mention the 950 HD movies from Paramount) you are talking six months minimum to even begin to make a dent.
So they'll be denied license to operate. That will be the excuse. But oh yea, "we've decided to put our energies into the exciting gaming sector." LOL
There is ZERO HDR available on Nanosham - period. And further, there is ZERO Interstellar available to rent/buy or otherwise in any format on Nanosham - period.
I understand times are tough with an upcoming RS/AS this week and this pig tanking to .005 by end of week, but completely false and clearly incorrect stickies?