https://www.youtube.com/watch?v=xLpfbcXTeo8
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Excellent and well-documented post recounting the mountain of LIES that is the ongoing securities fraud known as NTEK.
And your post only scratches the surface of the mountain of fraud, deception, lies, smoke, mirrors, disinformation, and fog from NTEK and its scamsters.
You know Asher and Mazuma and Enron and Minkow,
You know Metter and Mosky and Madoff and Lebed,
But do you recall
The most famous fraudster of all
Davey the Red-Assed CONvict
Had a very shiny rump
And if you ever had Level II
You would even see his dumps
All of the other pennystock scammers
Used to laugh and call him names
They never let poor Davey
Join in their inside games
Then one foggy Christmas Eve,
Judge Davila came to say,
Davey with your lies so bright,
You're going to Federal prison tonight
Then all the prosecutors loved him,
As they shouted out with glee,
Davey the Red-Assed Fraudster
You'll soon be going away again and be history!
DaDaveyFelon heading BACK to prison for the NTEK securities fraud
NanoTech Entertainment: On The Verge Of SEC Suspension
Securities fraud is fun. Weeeeeeeeeeeeeeeeeeee!!!!
Sumbuddy posted a link to a CNET review of the Roku4 (which has no mention of UF, BTW) which also mentioned the nVidia shield as a 4K streamer box.
Shockingly, the NP-1 Nuvola MOJO 4K streamer was never reviewed by CNET or any reliable reviewer and is now never mentioned.
I thought NTEK claimed they dumped the alleged 60,000 MOJOs because there was no market for a 4K streamer?
What happened?
One should never buy stock in a company that LIES to the shareholders continually, like NTEK has and does.
It's snowing new shares!
Hepp me ~OUTT here with a replacement:
Richard Baker fled NTGL like _____________________________.
https://www.google.com/#q=fled+like+a+scalded+cat
That is the credited response.
Dear Danny "Donkey" W(r)ong (NTEK/NYGL spokeshole):
What is the REASON that Richard Baker fled the NTGL BOD like a scalded cat coincidently with A. HighballWater being kicked from the Prez-I-Don't yob?
Gotta "IR assplanation" for Richard Baker's flight to safety?
Did he immediately discover he needed more 'family time' or is he 'exploring other options' or some other IR speak to cover his running from this scam like a Jamaican sprinter on meth being chased by the cops?
Funny that NTGL spokeholes have given NO REASON why Director Richard Baker was seen fleeing the scene of the scam only TWO MONTHS after being on the Bored (sic) of directors of NTGL. What did he see at NTGL that caused him to flee in just 2 months?
Speaking of Superbowl Sundae, din't ya hear the latest rumour from the NTEK head shed? Nanotech just this last weekend gott the exclusive option to broadcast the 49ers in the Superbowl this year.
If the 49ers are in this year's Superbowl, Ultraflix will have the exclusive online broadcast rights to it. Otherwise, it expires unused.
Wire Transfer is still negotiating the playoff broadcast rights to the 49ers this season.
The flushing of the Captain's LOGG continues unabated. Now down 82.58 percent YTD.
Can we make the 90s by New Years? Yes, yes I think we can get 90 percent or more DOWN YTD by December 31.
Yup. It's fairly easy to spot non-hackers, especially when they are blowhardtastic chuckleheads who are unsuitable and unpresentable as management of even a scam pennystock charade like NTGL.
Two months, two failed 'shows', and a trail of psychosis-babble on WizardOfVegas.com chatboards about the company and their joke games.
Al Stone(d) bailed and Jeffy came in, then poof the HighballWater was G-O-N-E and his ex-collitch roomie ran off the BOD like a scalded cat.
When VNDM (Vandham Securities) is dumping - that's DaFoley's broker of choice. They don't take retail accounts - they specialize in being brokers to insiders and financiers of scammy microcap stocks who want to dump huge blocks of shares into the market.
DaFoley has been using Vandham to dump NTEK into the market since at least 2013. He also used Citadel (CDEL) a bit back in late 2013 and Spring 2014, butt VNDM was his principal selling brokerage.
While DaDaveyFelon is washing, Vandham is dumping
Oh I totally agree - NTEK is going to be suspended by the SEC anytime between tomorrow before the open to sometime in the first half of 2016.
For those who follow pennyscams, the SEC suspensions often follow a big burst of volume and price movement (up OR down) (see CYNK) or a quarterly CONference call in which the insiders lock themselves into certain statements (see SKTO) or a corporate action (an RS, a divy, a spinout/spinoff - see CRGP).
One morning, we will wake up and Czech the NTEK bored and see that it's been halted and the SEC will announce a suspension.
Could be ANY day - though often within a week after a quarterly is posted, is teleconferenced, or a corporate action - or the day or two after a major volume and price movement.
DEATH SPIRALS ARE FUN!!!
Toxic financing with floorless convertible and 0.0001 convertible debt held by a currently incarcerated CONvict with multiple Federal felony convictions for multiple independent counts of fraud is a BLAST!
Think of the REVERSE SPLIT coming as a periodic FLUSH. I've seen these floorless/0.0001 debt scams go through 3 or four reverse splits in 18-22 months before hitting zero volume (one example is EXPU which became HIPH; another is PPJE). NTEK has their FIRST REVERSE SPLIT teed up after THREE AS raises in 10 months, so look for the SECOND REVERSE SPLIT in about 6-8 months when it's back at trips again.
Then it will be time for the SECOND REVERSE SPLIT flush.
Butt this scam will be suspended by the SEC before that second reverse split comes around.
The beauty of REVERSE SPLITS to toxic financiers is that the shareholders are crushed butt the debt note holders are unaffected - their conversion rights remain constant - it just gives them (1) more headroom to print virtually unlimited shares and (2) fewer competing shares being sold because the shareholders have 1/100th to 1/10,000th of the number of shares they had pre-RS.
Reverse splits are toxic debtholders wet dreams and existing shareholders' mightmares!
No pot license for FITX/CEN, no "Giddy Up" or "Gitty Up" drink from the failed James Robinson (who played the same scam on another ticker previously).
Nothing. AS USUAL.
FITX was, is, and will remain 100 percent TOTAL SCAM and nothing else.
An overview of $$ NTEK $$ 's "Journey to the Big Boards":
Oh, and let's not forget the other two of the NTEK Trilogy:
DaFoley's Journey to the Big House
and
DaFoley's Return to the Big House: Extended Stay
What is Danny "Donkey" W(r)ong's spin job on why Richard Baker is fleeing the scene of the crime like a scalded cat - just coincidentally at the same time HighballWaterTower gott kicked to DaCurb ~OUTT of his yob as DaPrez-I-Don't.
What's the REASON Donkey is giving for Richard Baker's coincident flight to safety from NTGL?
I can't wait to hear Danny's latest lies. He is the IR for NTGL, correct?
Or did he gett kicked to DaCurb too.
Remember to tell ex-Prez-I-Don't HighballWaterTower how long you expect to be before you'll need your car, so he can park it in an appropriate spot - and Czech the odometer when you leave it with him and then again when you pick it up.
That is why it is foolish to buy stocks in fundamentally bad companies or scam companies like SPNG with the hope that "hey, maybe they can run this crap up to $20 a share so I can dump this dreck onto a greater fool."
When one buys into scams hoping to defraud even greater fools later at a higher price, often one finds out that they are the greater fool themselves.
Blaming some mythical 'illegal shorts' for supposedly frustrating the ability of SPNG shareholders to dump their fundamentally worthless shares to others (at a gain or a loss, it matters nott) is nothing more than an unwillingness to admit to oneself that the ONLY people responsible for losses to SPNG investors are Mosky, Metter, and the person in the mirror. There was never a viable business at SPNG - it was all an illusion.
At all points in time, SPNG shares were nothing but shares in a fundamentally worthless scam enterprise. The very moment a share was bought, the buyer had surrendered their money for shares of nothing.
At the moment of purchase, SPNG shareholders were defrauded of their money. Now they may be sore that the market collapsed (and was ultimately halted/suspended by the SEC) before they could mitigate their losses by selling the empty bag shares to others. That's a really unethical argument.
First, you have provided absolutely no evidence of any "illegal shorting" of SPNG. Ever. I've read all your 'letters to DaJudge' and all your posts on iHub and they contain exactly zero evidence of any 'illegal shorting'.
Second, even if - for the sake of argument - some 'illegal shorting' took place, that does not change the fact that SPNG shareholders bought into a pure SCAM that had zero underlying value as a business. So the ONLY claim the shareholders have is that the alleged 'illegal shorts' more quickly exposed the fact that the shareholders had bought a pig in a poke and thus frustrated their ability to sell fundamentally worthless shares in a scam company to others.
That is exactly what the argument boils down to. Exactly.
SPNG shareholders ONLY claim is against Metter and Moskowitz for defrauding them regarding a pre-planned securities fraud scam using a concocted, non-viable business and false financials and promotional statements.
Otherwise, the claim must be that SPNG shareholders feel they should have been given the opportunity to dump their poor decisions to buy shares in this scam company onto others. That means they want an ability to defraud others by selling the shares in a worthless company that they bought and later regretted.
Maybe viral, maybe bacterial - butt NTEK is certainly very, very sick.
Fatally so - it's called the Dilution Disease.
Shareholders are slowly (or nott so slowly) drowned to death with an endless flood of new shares, until they are euthanized with a reverse split.
The only survivors are the insiders who are hooked up to a machine. The share printing press keeps them alive.
NTEK must have served Chipotle burritos at the Shareholders Non-Meeting in August when they said they weren't going to dilute any more - a whole three weeks before they raised the AS again for the third time in 10 months more than DOUBLING the AS, OS, and FLOAT!!
Dilution Disease is fatal the the value of shareholders' brokerage accounts.
So, it's OK getting shares in a fundamentally zero value company - a designed pennystock scam by Metter and Mosky - and the complaint is that there wasn't a chance to dump those fundamentally worthless shares in a scam company to others on the 'greater fool' theory of stock trading?
Really?
THAT is the beef with the SEC and the DOJ? That they didn't lett the scam go on further so shareholders could dump their shares to others and gett ~OUTT?
Wow. Do put that in the next series of futile letters to judges. That's a solid argument right there - at least it's honest.
"Judge, I'm upset that the SEC, DOJ, and bankruptcy trustee didn't give us an opportunity to dump our crap pennyscam stock onto others."
LOL - ZERO! Because SPNG was a complete and total FRAUD and sham. They were selling product well below cost AND they sold very little even at that. The sale numbers were entirely faked and Metter and Mosky set it up that way - as a pennyscam - using share sales money to give the APPEARANCE of a real company.
SO, any belief than SPNG would ever be $20 a share is simply ridiculous. Unless the intent is to defraud someone else by pawning off one's own shares to another newby buyer caught in the web of a fake company front for a pre-planned securities fraud.
And that would mean the seller has an intent to defraud others to get ~OUTT of their mistake of buying into the SPNG SCAM and are now trapped with worthless shares in a fake company.
Just nonsense.
Hay, I heard of a great investment opportunity - a company that sells $10 bills for $1 - they have some sales too.
That is utterly, utterly absurd.
First, the regulatory action involving a broker at Canaccord has NOTHING to do with SPNG and SPNG was nott even an issue in that regulatory action.
Second, 24 million shares - ~OUTT of over 2 to 3 BILLION issued amounts to chickenfeed and are not marketable after the SPNG suspension in any case.
Any of the tiny fraction of SPNG shares (which were already suspended), even if somehow sold, the trivial proceeds would be used to pay the numerous judgements and BANKRUPTCY claims against SPNG.
Spongetech was never a viable company - EVER - it was a total fraud with fake sales numbers made up and published by Moskowitz. There could never be any viable reorganization plan by ANY of the various receivers/trustees appointed by the bankruptcy court. It was inevitable that the scam Spongetech would have to be liquidated in Chapter 7, which it was - and still with massive deficiencies owed to CREDITORS (nott shareholders).
24 million virtually worthless shares would have changed NOTHING. Even 2 BILLION shares would have changed nothing. The entire value of those shares - even if they could be sold to new suckers on the Grey market - is trivial compared to the debts and claims against the fraud company Spongetech, which sold a tiny number of sponges and sold every one of them AT A LOSS.
Every possible outcome is the same: Chapter 7 liquidation of the scam SPNG and still a deficiency of funds to pay those claims and creditors.
Or the old supertweets and DaDaveyFelon-planted stories that NTEK was going to be bought out by (Foxconn/Akamai/Google/Apple/Amazon/Mark Cuban/Warner Brothers/Warren Buffett's Berkshire Hathaway/Sony/nVidia).
Remember when the NP-1 MOJO was the new Amazon Fire?
The alleged NP-2 'dongle'?
The NTEK scam has certainly been entertaining and indeed humorous at times. The claims are/were so ridiculous that it almost seems like a parody for The Onion.
For those going to Las Vegas for March Madness this spring, remember to stop by Silvertons between 2AM and 6AM and give a few leftover chips (casino checks) to Aaa... aaa... aa... aaaaron HighballWaterTower - he'll be the dude running the carpet cleaning machine.
Commiserate with him about how DaFoley ripped y'all off, and how life is tough and the pennystocks are all scams and crooks - yada, yada.
If you're flush with money, maybe offer a few hunnert to take the ugly orange felt craps table off his hands. Or at least buy him breakfast - he might nott have eaten the prior day.
The guy was a total disaster as Prezidon't of NTGL - a wholly controlled DaFoley entity. The 'shows' flopped - hard - and there was nobody from NTGL worth tawking too from a binniss perspective. At least Jeffy can bring an inneresting ice sculpture to the next 'show' and maybe drum upp some interest with that.
I shure hope Reienberger finds a gig with a real company so he can settle down with a reliable income and start working on real stuff that will actually see the marketplace. Stevia is an OK dude, and he's nott nuts like the now ex-PrezIDon't.
At least HighballWaterTower has all those NTEK shares he bought in the 0.13-0.11 range (pre-reverse split) to fall back on.
Cool story, bro. On the We-Believe meter it's a solid 0.0000 on the most sensitive scale. Zero quanta of believability detected.
The one about the UFO and the little green men seen coming into a Best Buy and saying "Humans, take me to your Ultraflix." is a more credible story. That's the one with the talking unicorn as the BB sales rep.
Hay, the one about the 60,000 NP-1 MOJOs 'shipped into the retail channel' in February 2014 is a good story. Maybe bring that one back.
Or the one from August about no more AS increases. Or no reverse split. Those are fun to tell around the campfire late at night.
Wait, you think HighballWaterTower 'resigned' on his own volition?
Wow, for a guy with no other employment options besides running a carpet sweeper at Silvertons, that would be either incredibly ballsy or incredibly stoopid.
And Aaa... aaa... aa.. aaaron is NOT ballsy.
Odds are ... or I should say probabilities are that HighballWater was TOLD to resign if he wanted to stay on the gravytrain payroll.
Al Stone(d) left the CEO gig at NTGL and Jeffy came in (as per DaDavey's prison instructions) and ~OUTT with any untrustworthy officers or directors that could have access to the non-existence of future backdated floorless and 0.0001 CONvertible debt notes to FoleyShells like FS Global Capital and Royal Capital Group and exchanged for free-trading (illegally, BTW) shares - just like in NTEK.
It seems clear though that Richard Baker had been lied to enough and the AUDIT that never comes until he realized what a criminal scam NTEK and NTGL are and he fled the scene like a scalded casino cat. He's G-O-N-E.
Hay, where's Mitch Lowe these daze?
Lemme answer dat for ya.
Mitch is up to his eyeballs as a director of MDBX and that scam which has collapsed and WILL result in the founder, Vincent "Vinny the Penny Pimp" Mehdizadeh being prosecuted.
Yup, the old Mitch Lowe who once was touted as a key NTEK playah is noww deep inna soup with another pennyscam under SEC investigation.
Butt even Mitch fled NTEK long ago - nott a single peep outta him on NTEK.
Even he, who is deeply embrolied in another busted pennyscam, was too scared to remain associated with DaFoleyScamz.
He won't even list Medbox (MDBX) on his LinkedIn profile - and he never listed NTEK or UF on it either - or if he did, it must have been fleeting and he yanked it very quickly.
The only employable person associated with NTGL is Stevia - Stephen Reisenberger (aka Steviaburger). He's the only one of the bunch who has any skillz and can speak coherently. So of course they will keep him FAR away from access to any real business documents or other evidence of DaFoleyOngoingFrauds.
I have no doubt that when the NTGL and NTEK 'employees' hit the brix after these scams implode and the payroll and medical insurance stopps coming, only Steviaburger will be able to make it on the ~OUTTside.
And of course DaFoleyCrimeFambly will wind up on DaInside - InnaDaHole - and with asset forfeitures and fines.
Only Steviaburger will walk away and be fine. Others will be pushing carpet cleaning machines at Silvertons or working an IT helpdesk at some non-profit (other than NTEK and NTGL) that pays squat butt doesn't expect much from the employees.
Maybe DaFoleyFelon and Medbox Vinny will be bunkmates at Terminal Island or the Hispanic enclave known as FCI-Lompoc. Jeffy could probably slide into his brother's old yob as dishwasher at Taft. And Wire Transfer Taylor might get Mendota - either FCI-Mendota or this Mendota (https://www.dhs.wisconsin.gov/mendota/index.htm).
Al Stone(d) and Ted Campbell III may just gett probation and stiff fines and asset forfeitures and disgorgements.
LOL! Remember when DaFoley was NEVER going to prison?
Since Danny W(r)ong is nott doing a good yob as NTEK and NTGL spokesliar, and clearly the NTGL "audit" is nott only nowhere close to being done, it's nott even started nor will it, we need to use the new beta-testing Google service: IR Gibberish-to-English autotranslator.
Running Danny W(r)ong's IR spew through the IR Gibberish-to-Englsih autotranslator we get:
DaFoleyFelonDavey, from prison via a kited message, told Al Stone(d) to leave the NTGL CEO yob and lett Dullard Brother Jeffy the DaFoley Sockpuppet take over as proxy CEO for DaDaveyInnaDaHole. Realizing that Dullard HighballWaterTower is a loose cannon who may inadvertently or in a fit of mania or spite reveal DaFacts he wood have access to as a Director and Prez, DaDavey ordered Jeffy to kick HighballWaterTower ~OUTT of the BOD and Prez slots and keep his eyes away from the fake, false, and fraudulent 'financials' and bizness docs (like backdated convertible loan notes and promissory notes that have been and will continue to be created in NTGL as they have been and are in NTEK). Butt knowing that even dullard HighballWaterTower already prolly knows enough dirt on DaFoleyScamz that he is a risk AND that HighballWaterTower has no other employment prospects and that may make him desperate and a risk to turn on DaDavey, DaDavey instructed Sockpuppet Jeff to keep HighballWaterTower on DaPayroll to keep him quiet/quite/quit and watching CatDog reruns on the Cartoon Network instead of yapping to the SEC and US Attorney.
After being AlStonewalled with endless lies and promises of DaAudit, which never occurred, Richard Baker finally smelled the rott of this FoleyScam and, after asking too many uncomfortable kwestshuns to Al Stone(d) and Dullard Jeffy, decided he'd better flee the scene of the crime and DaDavey concurred since DaFoley don't want such ~OUTTsiders axing tuff questions about DaFrauds without having enough dirt and leverage on him to shut him upp during the painful SEC and DOJ investigations or worse to run to the US Attorney sua sponte.
End of plaintext.
HighballWaterTower picks upp a few extra bucks - OK, so he prolly doubles his income - valet parking for DaCasinos:
LowBallWaterTower will still be 'on the yob' watching CatDog reruns in between Xbox sessions
Axe and ye shall receive (the NTEK/NTGL cabal of chuckleheads never cease to be entertaining):
shajandr
Thursday, 10/29/15 03:22:41 PM
Re: MadHatter326 post# 33037
Post # of 33285
Really? LOL!!!
The professional gambling community does't think much of NTGL at the show:
http://wizardofvegas.com/forum/off-topic/kiosk/23586-casinokat-from-nanotech/
Read the entire thread - all 47 pages. They know it's a joke and won't be adopted by casinos - for MANY reasons.
Just read his posts on WizardofVegas.com as ahigh - he's a moron. Moreover, he's childish and an emotional basketcase.
So he fits right in with the NTEK/NTGL crowd of otherwise-unemployable buffoons.
Actual screenshot of a videoCONference between NTGL 'employees' at an online staff meeting - seriously - this is REAL!
Since Danny W(r)ong is nott doing a good yob as NTEK and NTGL spokesliar, and clearly the NTGL "audit" is nott only nowhere close to being done, it's nott even started nor will it, we need to use the new beta-testing Google service: IR Gibberish-to-English autotranslator.
Running Danny W(r)ong's IR spew through the IR Gibberish-to-Englsih autotranslator we get:
DaFoleyFelonDavey, from prison via a kited message, told Al Stone(d) to leave the NTGL CEO yob and lett Dullard Brother Jeffy the DaFoley Sockpuppet take over as proxy CEO for DaDaveyInnaDaHole. Realizing that Dullard HighballWaterTower is a loose cannon who may inadvertently or in a fit of mania or spite reveal DaFacts he wood have access to as a Director and Prez, DaDavey ordered Jeffy to kick HighballWaterTower ~OUTT of the BOD and Prez slots and keep his eyes away from the fake, false, and fraudulent 'financials' and bizness docs (like backdated convertible loan notes and promissory notes that have been and will continue to be created in NTGL as they have been and are in NTEK). Butt knowing that even dullard HighballWaterTower already prolly knows enough dirt on DaFoleyScamz that he is a risk AND that HighballWaterTower has no other employment prospects and that may make him desperate and a risk to turn on DaDavey, DaDavey instructed Sockpuppet Jeff to keep HighballWaterTower on DaPayroll to keep him quiet/quite/quit and watching CatDog reruns on the Cartoon Network instead of yapping to the SEC and US Attorney.
After being AlStonewalled with endless lies and promises of DaAudit, which never occurred, Richard Baker finally smelled the rott of this FoleyScam and, after asking too many uncomfortable kwestshuns to Al Stone(d) and Dullard Jeffy, decided he'd better flee the scene of the crime and DaDavey concurred since DaFoley don't want such ~OUTTsiders axing tuff questions about DaFrauds without having enough dirt and leverage on him to shut him upp during the painful SEC and DOJ investigations or worse to run to the US Attorney sua sponte.
End of plaintext.
If HighballWaterTower is a 'genius' then Rudy Ruettiger is another Einstein.
These are all bottom of the barrel people in NTEK and NTGL. If they had any marketable skills they'd all be long gone long ago.
"Richard Baker has decided that he does not wish to join the board of directors."
Is that great news too? Let's hear the IR spin on that one.
Here, let me decryt that message:
Richard Baker has decided he does not want to join a criminal conspiracy to commit securities fraud among other crimes undertaken by DaFoleyCrimeFambly and he does nott wish to be sued like Aaron Taylor is, so he's run away from this scam like a scalded cat.
"Richard Baker has decided that he does not wish to join the board of directors."
Is that great news too? Let's hear the IR spin on that one.
Here, let me decryt that message:
Richard Baker has decided he does not want to join a criminal conspiracy to commit securities fraud among other crimes undertaken by DaFoleyCrimeFambly and he does nott wish to be sued like Aaron Taylor is, so he's run away from this scam like a scalded cat.
Aaa... aaa... aaaaron HighballWaterTower resigned from "prez-i-don't" of NTGL?
Al Stone(d) quit the CEO yob in favor of Jeff the Ice Sculptor Dullard Brother of DaFoley.
No way does an unemployable chucklehead throw away his only viable payday in order to run the carpet sweeper machine at Silvertons - Jeffy undoubtedly demoted him to Chucklehead III.
And his buddy decided to flee the scene and refused to join the BOD.
Soooooooooo .... how's that AUDIT going?
HignballwaterTower 'decides' after a chuckling chat with Jeffy, that he prefers carpet-sweeping
LOL! And how many of those 37 signups came from the same IP address - like the 25 paid views of Interstellar from the same IP addy.
Bwahahahahaa!!!