https://www.youtube.com/watch?v=xLpfbcXTeo8
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APPG is another BIG Bennie Blankenship paid tout FAIL. What a stinker - like ALL of his paid touts were. Every. Single. One.
Like NTEK, MRIB was another of BIG Bennie Blankenship's touts.
And every single one of his touts/'alerts' has gone down the TOILET - most even worse than NTEK (so far).
EVERY.
SINGLE.
ONE.
These links between Bennie, W(r)ong, and Foley's websites and Royalscam Capital Group (and NTEK/NTGL) are quite inneresting to me.
Please keep posting all linkages/common factors, with links or screenshots, and also save pages and document. The more you can provide about the sources of this information and the linkages, the more inneresting and useful it is.
Perhaps Dannyboi and Bennie are in the DeKett/Daddona territory already. That would be very cool.
Fear nott, NTEKers, for they do serve turkey for Thanksgiving dinner at Taft. Well, ground turkey patty anyway. Close enough.
And one of these coming Thanksgivings maybe 2-3 years hence, several members of DaFoleyFelonCrimeFambly will each be getting their Thanksgiving dinners in prison, just nott at the same place together, because co-CONspirators and family members are all sent to different facilities in the BOP when they are incarcerated at the same time.
Only with an illegal smuggled smartphone. Of which there are many, so the answer is yes, butt there is a Stingray device at the Taft facility, so it will be logged even from a smuggled smartphone. It shows smartphone calls, messages, and web browsing (all IP addys accessed).
Technically, CI-Taft doesn't run it, the FBI does, and they are the ones who own and operate it with the knowledge and consent of the BOP and MTC (the private operator of Taft).
He probably doesn't know that though.
LOL - lett him keep digging DaHole deeper for hisself. And the other of DaFoleyFelonCrimeFambly at NTEK and NTGL.
Maybe he can topp the sentence Jared Fogle just gott - 188 munffs InnaDaHole.
An older model:
"Well, you know, we had a problem, and it's gone. ... It's gone and there wasn't nuthin' anybuddy could do. It's gone ... it's gone."
Richard St. Julien ---------------> prison
"Others" --------------------> Fines, disgorgements, public company bans, creditor and shareholder lawsuit judgments, and bad times.
FNRG ----------------> GONE.
Racing to Subpennyland - prolly by year-end or maybe even before Christmas.
Old man realtor Charlie Scimeca's snake oil skin cream pennystock scheme has imploded and continues to implode.
Absolutely ZERO value here. None.
They have and they ARE. More than even Foley is aware of.
He has shot himself in both feet already. The unit admins and case manager are simply collecting more incidents for the file.
It will be used later.
Be patient.
What he is communicating is of interest nott just to the BOP, butt to other authorities. Which is why they are nott tipping their hand too much.
Think about it. Would the FBI go to a criminal and say "hey, we heard on our wiretap that you're breaking the law - stop it!" or would they want the criminal to keep hanging themselves on the telephone or computer and collect the data - and implicate 'others' in the criminal activity?
DaFoleyFelonCrimeFambly IS going down for securities fraud.
It is merely a matter of time and who all the peeps in DaFambly will be going down the toilet with Davey (i.e., who are the Deketts and Daddonas for this go-round of FelonDavey crimes).
Relax. They're on it, man.
Give thanks at Thanksgiving. Foley is in prison and he will be going back for a much longer stretch in the future. And that is all good.
The truth is always so PAINFUL to NTEK when it finally comes ~OUTT.
From the FRAUDULENT claims of designing the NP-1 MOJO, to the FALSE claims of '60,000 NP-1s shipped into the retail channel' in Feb 2014, to the 'no plans to raise the AS' just weeks before EACH TIME raising the AS THREE TIMES IN 10 MONTHS!!, to the FAKE, FALSE, and FRAUDULENT 'financials' claiming this deeply, deeply cash flow NEGATIVE scam was profitable, to the "quarterly dividend" that was paid ONE TIME, using funds from a floorless convertible note, and paid mostly to David Foley!
To covering upp that Royal Capital Group was just another David Foley front company being issued HUNDREDS OF MILLIONS OF SHARES at discounted floorless conversion pricing and 0.0001 per share that are issued and go into the FLOAT IMMEDIATELY based on backdated convertible debt notes to David Foley and his nominee companies.
NTEK is such a blatant, blatant scam.
A classic DAVID RUSSELL "B.B." FOLEY, Federal Inmate #13141-111 at Taft, SCAM and FRAUD.
When Thanksgiving rolls around, most Americans' thoughts turn to turkeys - like this turkey of a wannabe pennystock scammer, Randy Hoof, and this turkey pennyscam ticker OODH, Randy's imaginary empire of bullshit.
Butt, unlike other Americans, on Thanksgiving Randy's thoughts remain firmly on his fake and imaginary empire - oh and his 'kept' goats which keep him warm in the OODH 'headquarters' micro-shack in Nowhereville.
It's another year of cutting wood for the Hoofer.
OODH 'headquarters'
Recovering victim of Randy Goat Molester:
AEYE 1-year performance - DOWN 92.24 percent!
Another BIG Bennie Blankenship paid promo SCAM. As are ALL of his 'alerts'.
A BIG Bennie Blankenship reco is like ebola to a ticker, it will die a swift and painful death, leaving total wastage in its wake.
And almost 12 rentals to-date (8 from the same IP address).
11 of the 12 were freebies from the SHNM gift card recipients.
Woo-hoo!!!!
Yep. No hard promises on Bennie though. The Foleys and DaFoleyCrimeFambly ARE going down. That is affirmative.
Bennie's fate is still in the hands of the EDNY office of the DOJ handling FRNG - specifically Jackie Kasulis. So I can't say what WILL happen with BIG, he's nott yett in the LA and SF crowd mix for NTEK/NTGL AFAIK.
He could be. He might gett turned as the FNRG case proceeds and St. Julien cuts a plea. If he rolls on BIG, then BIG might try to cutt a deal based on NTEK and Foley - THEN the SF office would have a use for him.
The US Atty in SF just turned over (new US Atty) and the office is evaluating their various assignments and investigations and liasing with the SEC (in SF and LA). So, there is a bit of "up in the air" in terms of timing and priority.
Foley and the NTEKers ARE in the belt. That's a-four-shure.
BIG Bennie - can't say where he stands, as he's still only on the bubble at EDNY.
So sorry, wish he was wrapped upp and under your tree. Maybe if you'd have been able to answer the specific questions that might have tipped the balance. IDK. It's in Jackie's hands at the moment. If you want to resume discussions and can answer kwestshuns as posed, let's do it over the Christmas holidaze.
I'm bizzy at the moment.
Otherwise, wait and see what Jackie does. Follow the FNRG suit. That will likely tell the story on Bennie's future. Moreso than anything on NTEK. If anything, NTEK is Bennie's trading chit. Odd as that may seem to you.
Unless, of course, you can provide ACTUAL EVIDENCE that can be provided to SF AND EDNY to show additive liability for the corrupt stock promoter.
Nah, the SEC and DOJ LA and SF offices all know of NTEK/NTGL and DaFoleys. The IRS Crim Div is also at least notified on the record.
K2 is merely cumulative.
DaFoleyFelonCrimeFambly - the whole LOTT of them - are in the Swarkovski already. And in the loading tray, so to speak. Ready to be sent downrange at the appropriate time the bolt will chamber them, stripping them from the belt.
Butt they are already in the belt and the belt in the tray. They just wait their turn into the breech.
Alles in Ordnung ist.
Think about the REVERSE SPLIT that's in Santa's bag for NTEK unless the ticker gets suspended before Christmas.
Every Christmas is the same for NTEK shareholders:
And every New Year brings the same crapola for NTEK shareholders:
And Santa brings DaFoleys a California White Christmas snowfall of new shares:
Foley hasn't used etikallc.com since I contacted the BOP Western Regional office in Stockton and advised them (well, the Director) that he was conducting business from prison. Of course cc'ed to the admin staff at Taft.
He was pimping Ultraflix on the blog, AND he was doing business for NTEK on email and during visits. He was busted.
He's been oddly quite/quiet/quit since then.
LOL! Um, maybe more like the house staff at a really, really bad hotel. One day he's a bellhop, the next month he's bringing "room service" to the guests, then he is washing the toilets when the guests Czech ~OUTT before the next guests arrive to Czech-in.
Some times, he will be called to fix a busted/jammed toilet if he's on maintenance crew.
Cadre live apart from the transferees, butt he has to WORK amongst them in many roles - working the commissary, laundry, food line, room service to the cellies who can't dress for dinner, washing ~OUTT the feces in the SHU cells from the nutjobs, painting, landscaping, mopping floors, etc. for all the transferee facilities.
PLUS the cadre also have to take care of their own segregated housing unit as any low/low camp inmate has to.
Generally, being cadre at the FTC or a FMC (medical facility) entails some pretty nasty jobs (think nursing home or hospital orderly - or janitor), butt the upside for Roofie is that Anissa and the kids like in OKC so they can visit him easier than when he was in Texarkana. Plus sometimes the cadre get a better set of commissary options to choose from than the other inmates "passing through" - although a lot of the medical inmates will be staying for the duration and need longterm or terminal care and will be passing on rather than through.
OKC FTC is where the low-security inmates like Roofie really mix with a lot of the bad boys, so there's always that to look forward to - maybe some guy he pisses off knocks both of Roofie's remaining hillbilly teef ~OUTT. We can hope!
Hay folks! Remember when there were 60,000 NP-1s "shipped into the retail channel" and the Best Buy sales associates were in 3-month training courses to sell them?
Remember when NTEK's DAVID RUSSELL FOLEY Federal Inmate #13141-111 was NEVER going to prison and NTEK was going to DaMoon with those awesome NP-1s?
Yeah, that.
HAPPY THANKSGIVING TO ALL!!!
Especially those washing the dishes in Taft!!!
Funny that NTEK said (as an excuse) that the NP-1 wasn't being sold because there was no market for it - yet the Roku 4K box is actually available and selling more than 60,000 in real bricks-and-mortar stores. Nobuddy seems to assplain why the NP-1 couldn't be sold, but the Roku 4K box can.
Evidently, ripping off the MOJO and sticking it in a different enclosure with a different heat sink and overclocking the hell ~OUTT of it didn't pass FCC certification.
Butt you'd never know that MATERIAL FACT from the company, because NTEK simply LIES about material information reasonably relied upon by prospective investors and existing shareholders in making investment decisions. Meanwhile, DaFoley's shovel ~OUTT freshly printed stock illegally dumped into the FLOAT and use the money to pay their criminal salaries, medical insurance, etc. It's called SECURITIES FRAUD and is a real step upp from selling counterfeit game USB fobs on eBay and lying to get a mortgage. This is a BIG step-up in DaFoleyGame.
Oh what a criminal enterprise DaFoleys are running!
Maybe, I don't know. I suppose it is better for them (K2) to know about it. The right folks at the DOJ and SEC in SF (and LA) are well aware, and somebody at the IRS is also - the IRS is kind of a bottomless pit for information, so all I can be sure of re: IRS Criminal Division is that somebody has at least received the Royal Capital Group/Foley issuances, IDs, and backdated convertible note issues.
If you wish to send it to K2, their lead counsel is Charles Coate and you can email him at: ccoate@abramscoate.com
I'm nott sure he has a need for this, butt hay, you can always send it and he can add it to the pile of docs in his redropes.
FoleyFelonFambly's real prollems are criminal and SEC civil, nott the K2 civil action.
Remember, the goal here is PRISON and ASSET FORFEITURES. All the private civil litigation is going to be washed ~OUTT in the NTEK bankruptcy.
Butt the civil forfeitures are PERSONAL and don't go away - even in personal bankruptcy they are generally non-dischargeable.
We should see DaDavey BROKEN. In prison, with a huge asset forfeiture hanging over his head for the rest of his despicable existence. And a 10+ year sentence so he's a medium security prison, with cells and bad, bad boys to play with.
Keep the eyes on the PRIZE.
This Thanksgiving the Turkey is in Taft. Behind bars. Where he will soon return for a much longer stay - for securities fraud, CONspiracy to commit securities fraud, tax evasion, money laundering, structuring, wire and mail fraud, and several dozen more counts.
He will take Jeff with him (butt co-CONspirators can never go to the same prison), and maybe Wire Transfer Taylor, Lisa may get a suspended sentence and probation, Petey & Dannyboi will get STIFF fines and disgorgements, Ted Campbell and Al Stoned will also get fined and probation.
It's only Monday, and the Turkey in Taft already has his goose cooked.
Karma, baby. Karma. DaDavey (aka BofA checking account alias 'B.B.') is in a world of hurt.
DaFoleyFelonFambly is now:
Roofie is a cadre (staff prisoner) at the OKC FTC (Oklahoma City Federal Transfer Center) - the hub all Federal prisoners pass through as they are transferred within the system or upon initial intake into the system. ALL Federal prisoners means Roofie has to support and service even the worst of the worst medium and maximum security Federal prisoners as they pass through, staying in OKC FTC for from a few days to many months before being moved. Roofie does their laundry, serves their food, brings their commissary to them if they are in a cell locked down 23 hours a day. Roofie can easily piss anyone of those folks off.
This Thanksgiving, let us all hope that before Roofie's release date, some Federal prisoner in transit beats the living hell ~OUTT of him, and if we're really lucky, he expires just before his release date so we don't have to support that sucker on Social Security and disability and Mediscare. Roofie deserves a beatdown for what he did.
I'm sure he'll piss off one or more tough-ass con in transit to a medium or max prison and they knock his hillbilly teef ~OUTT. Then he can eat his Thanksgiving ground turkey puree through a straw.
LOGG YTD - DOWN (75.65 percent) and falling further daily. This scam is done.
The LOGG is being flushed, as it should be, and will be subpenny very soon.
Another Thanksgiving in prison for Jimbo. Let us all be thankful he is behind bars.
Hopefully, he will get severe food poisoning from the outdated ground turkey patty he gets this Thursday in his medically-ordered 'bland diet" at Lexington.
I hope Jim Bolt chokes on his own vomit. That would be karmic justice.
Jim's Thanksgiving Day feast at FMC-Lexington:
Roofie - another Thanksgiving in PRISON.
Yet something else to be thankful for!!!
1-Year performance: - DOWN (94.0 percent) YTD: - DOWN (91.43 percent)
Charlie Scimeca's little snake oil scam has imploded. The 'financials' are for shit and getting uglier. Nobody is buying his snake oil, and only newbies and suckers are buying this totally worthless POS stock.
Oh well, at least BIG Bennie Blankenship gott his $20K to try to pump this POS (and failed dramatically!).
Six Lincolns today - on the way to subpenny. Falling faster than a set of car keys from a drunk's hand as they try to unlock the door.
Gee, it looks like 73 year-old realtors aren't to good at scuzzy snake oil skin cream pawned off as some bullshit biotech stuff. Who would have ever guessed that?
Rejuvel Bio-Sciences???
Ho ho ho ho!!! An old realtor's imagination run wild. Nothing more.
Sorry, Charlie, Starkist wants tuna that tastes good, nott old geezer realtors trying to pawn off their little pennystock as a "Bio-Sciences".
Is that audit that was "a few days away" back in June done yet?
Of course nott.
Nor will it be.
EVER.
That's nott speculation, that's a fact.
Has FINRA been advised of the existence of the $1,000,000 Plus K2 lawsuit that is NOTT DISCLOSED in any NTEK 'filings'?
Everyone needs to email that in to the SEC.
They are using backdated floorless and 0.0001 convertible notes issued to DaFoley nominee shell, Royal Capital. They are providing false information to get 144 opinions from the "144 Opinion Letters in 24 Hours No Waiting" Louisiana solo (who may find his ability to practice in securities law impaired soon).
And it is provable, that the funds claimed to have been 'loaned' more that 12 months ago were in fact, NOT.
The Weekly TA Update data and the fake, fraudulent, bogus "10-Q-like" paid ads on OTCMarkets.com detailing the dates and amounts of share issuances to DaFoley and his Royal Capital Group and already in ink (or bit patterns). He's cooked.
Bank records brought down David "B.B." Foley once, and now they will put him away for the Extended Stay program.
This is nott a guess. This is a fact. A fact that will be proven true in time, just like the fact that DaDavey was going to Federal Prison for his prior bank fraud and copyright piracy fraud (selling software to which he did not have a license - and indeed none of his prior companies did either - and some other IP that WAS OR MAY HAVE BEEN legally owed by his prior company but which had been sold to Global VR).
Even when DaDavey and his sycophantic acolytes were so sure he would NEVER serve a day in Federal prison.
Just as then, I can now state with assurance, that David Foley, and possibly Jeff and less possibly Lisa WILL be convicted of conspiracy to commit securities fraud, securities fraud, wire and mail fraud, PROBABLY structuring and money laundering, and CERTAINLY tax evasion.
It is indeed only a matter of time. And that, peeple, is a FACT, just like the fact that DaFoley is sitting in prison right now and has been caught numerous times (only a subset of which he even knows about) breaking prison rules by conducting business activities while in prison.
Hey, Jeffy - remember those fake, false, fraudulent 'financials' you signed off on during this period when your bro, DaDavey and Lisa were DUMPING shares into the market?
Yeah, that. It's called SECURITIES FRAUD and CONSPIRACY TO COMMIT SECURITIES FRAUD.
Davey used you just like he used DeKett and Daddona.
They went to prison. So will the NTEK Chairman. Done deal.
"Prior to his departure earlier this year, Mr. Foley invested some of his personal funds into NanoTech on a long term note. Royal Capital has further invested $1.3m in q2
So, under what exemption did those shares issued to Royal Capital since MAY 2015 - those HUNDREDS OF MILLIONS OF SHARES - enter the FLOAT?
Any long or PR clown like Danny W(r)ong want to take a stab at how the FLOAT increased with the ISSUANCES to Royal Capital LEGALLY?
What exemption to registration was used?
Shirley they admit they did nott wait the required 12 months for a Rule 144 exemption.
OK, let's cut to the conclusion: SECURITIES FRAUD BY DaFoleys.
Czech. Do Not Pass Taft. Do Not Collect $200. Go Directly Back To Prison.
You too, Jeff.
OUCH! That 10-Q is horrible. Where are they finding suckers to buy this dogshit snake oil scam by a 73 year-old realtor?
$800 cash in the bank, virtually no accounts receivable, huge losses.
What exactly is the investment thesis of those who are purchasing this dreck?
Hey, just burn your cash now and save the painful waiting for No Bid. Quit funding old-man Scimeca's cushy retirement condo in Miami.
BIG Bennie Blankenship 'the corrupt stock promoter' wrote:
"Bottom line is that this has been driven by the needs of two big box retailers whom will be showcasing the NP-1 nationwide beginning in April. These retailers are GIANTS in the industry. One of these retailers will me showcasing the NP-1 as it's high end streaming device, exclusive promotions via print, TV and in store demonstrations. Caveat; first dibs for manufacturing sequence, in store training, and retail launch. This has been THE driver behind sequencing changes, delays for other customer shipping, etc. Folks this is BEYOND big. The type of launch, product rollout visibility that simply does not happen with companies in this market. That's just ONE retailer. The list of others will blow you away as well. We are talking massive distribution!"
For once, Bennie inadvertently told the TRUTH - there is MASSIVE DISTRIBUTION. Nott of the BS crapola MOJO-based "NP-1 Nuvola" scam/turd, butt MASSIVE DISTRIBUTION of freshly printed NTEK shares issued to DaFoleyCrimeFambly™ (aka Royal Capital Group, The SHOAF Family of Shell Companies, and BankAmerica accountholder "B.B.", among other aliases).
Massive stock distribution scam. Obvious as hell.
Once DaFoleyCrimeFambly™ issued themselves the new Series A Preferred SUPERVOTING shares in December 2014, the flood gates opened up and the OS and FLOAT is now above 275 percent of what it was 12 months ago - and climbing at an increasing rate - due to the DEATH SPIRAL.
Now, it's off to the REVERSE SPLIT scam of the pennyscam playbook. The SHELL GAME is already well underway.
Yeah, well there's always the fact that he's a proven liar - like when he was telling his blind sheep that he was NOT being compensated by NTEK to pump the stock - until that 10-Q-like 'financial' was uploaded to the paid ad site OTCMarkets.com and disclosed that he WAS paid $250,000 in restricted shares 'pursuant to a pre-existing CONtract' - PAID in April 2014 for earlier promo work and ginning up buyers for Foleyprintstock paper.
Do some detailed research on 'the corrupt stock promoter' and you'll find that he is, in fact, brokeass.
Just some of the typical low-life D-list paid promo crews that NTEK and Foley hires, and suckerpunches.
Seen that corrupt stock promoter website that was 'going live' back in March 2014 up and running yet?
LOL! It's with the 60,000 missing NP-1s and the Nanobooks website!
LOL! Not even close. BIG Bennie the NTEK 'corrupt promoter' is brokeass. The $250K in NTEK shares he was paid for promotional work and ginning up novice buyers of the Foley's printstock is now worth less than $53,030.
Less than the TAXES he owes on the imputed income for 2014 when those shares were ISSUED to him as restricted shares - taxable in 2Q2014 with a quarterly estimated tax payment and taxable for TY2014 as either earned income of $250,000 or at the very least, under any theory, as AMT income even when not sold.
As usual, NTEK and DaFoley screwed him as well. Now he's a brokeass corrupt NTEK stock promoter.
The only thing being added is newly issued shares into the OS and FLOAT via backdated floorless and 0.0001 convertible notes to DaFoleyCrimeFambly™'s Royal Capital Group based ~OUTT of Foley's own server and listing his wife's name and number as the contact.
The only thing going UP on NTEK is the AS, OS, and FLOAT. Three AS increases in 10 months. The OS is 265 percent of that 12 months ago, and so is the FLOAT.
Oh, and that pesky REVERSE SPLIT that is on deck per the company - or as they doublespeak it 'a restructuring of share structure'.
1 for 1000 or 1 for 10,000 shares is the only outstanding question.
At least that NTGL audit was done back in June, right? LMAO!!!
Or when asked to provide an email address for some website that you know will put you on spam email lists, just use "david@hyperware.com" as the email address.
"So you want to receive daily updates and free offers in your inbox?"
YES, OF COURSE.
"What is your email address?"
david@hyperware.com
Who the hell is buying this DOGSHIT scam stock from Old Man Scimeca? This turd is LOADED to the gills with toxic floorless convertible debt.
Don't people even read the financials before buying?
Sheesh!!!
"Quarterly Report (10-q)
REJUVEL BIO-SCIENCES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
4. Convertible Debenture
On March 23, 2015, the Company issued a $100,000 convertible debenture. The maturity date is September 23, 2015. The convertible debentures bear interest at a rate of eight-percent (8%) per annum. Until the ninetieth day after the issuance date the Company may pay the principal at a cash redemption premium of 130%, in addition to outstanding interest, without the Holder’s consent; from the 90th day after the issuance date to the maturity date, the Company may pay the principal at a cash redemption premium of 135%, in addition to outstanding interest, without the Holder’s consent. After maturity date the Company may not repay the Note, in whole or in part, under any circumstance without obtaining the Holder’s consent. If the Company requests to repay the Note after the maturity date and obtain the Holder’s consent to do so, the Company must pay the Note’s outstanding principal at a cash redemption premium of 150%, in addition to outstanding interest. At the Holder’s option, principle and unpaid accrued interest shall be convertible into common stock at a rate of a 40% discount to the lowest price during the previous twenty trading days to the date of conversion.
On April 1, 2015, the Company issued a $125,000 convertible redeemable note. The maturity date is March 31, 2016. The convertible debentures bear interest at a rate of eight-percent (8%) per annum. The Convertible price is equal to 58% of lowest trading price of the common stock as reported on the national Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the common stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the company. The Company received money on April 1, 2015.
On June 5, 2015, the Company entered into and closed a securities purchase agreement (the “St. George SPA”) with St. George Investments LLC (“St. George”), pursuant to which the Company issued, sold to St. George a convertible promissory note in the principal amount of $110,000 (the “St. George Note”) for a purchase price of $100,000, and granted to St. George a number of warrants (St. George Warrants”) that are equal to $55,000, divided by the Conversion Price, with an exercise price of $1.00 that have an expiration date which is the last calendar day of the month in which the first anniversary of the Issue Date occurs. The St. George Note is convertible into the Company’s common stock at a conversion price equal to 62% of the lowest closing bid price of the common stock for the twenty trading days prior to conversion. Repayment of the St. George Note is due one year from the date of issuance. The St. George Note accrues interest at the rate of 8% per year, due at maturity. The Company may prepay the St. George Note, upon five days written notice and subject to the optional prepayment amount of 125% multiplied by the then outstanding balance on the St. George Note.
The Compound derivative comprises certain derivative features embedded in the host convertible debenture contracts including the conversion feature and warrants both of which contain anti-dilution protections. These instruments were combined into one compound derivative and bifurcated from the host instrument at fair value. The Company applied the Black-Scholes Merton valuation technique to fair value these derivatives because this technique embodies all of the assumptions necessary to fair value these compound derivative instruments. Since the derivative financial instruments are required to be recorded, both initially, and subsequently, at fair value, there were insufficient proceeds to allocate any amount to the convertible debentures and, accordingly, it has no carrying value on the date of inception. Additionally, proceeds were insufficient to record the fair values of the derivative financial instruments, resulting in initial interest expense of $180,851. It should be noted that the derivative instruments will be adjusted to fair value at each reporting date."
"And who has permission from the President, CEO and seemingly only director to publicly disclose health related information? Hmmmmmmmm?"
Boca Bob probably sent it from his iPhone in his golf bag before teeing off at 11:15AM at Doral on Monday. Or maybe while he was warming up on the driving range.
Stroke??? Hahahaha!!! He's friggin' golfing - can't be much of a stroke - or maybe his rehab has gone incredibly well. Maybe golf IS his rehab exercises! Several months touring the top PGA courses around the USA on the money he's scammed from suckers over the years.
Yeah, he's real ill - having around 80 or so strokes every day. 160 or so if he plays 36 holes.
LOL! I just read that crooked Boca Bob Talbot is claiming he had a stroke as his cover for slinking away from this scam.
Bwhahaha!! He was playing 18 at Doral on Monday at 11:15AM tee time, so that stroke must nott be too bad.
Maybe he's playing from the ladies' tee box as his handicap.
When he says he 'had a stroke' - that just is his term for taking a mulligan after a mishit tee shot.
What a scambag. Claiming a stroke? LOL! On the same day he's seen (and signed-up) playing golf at Doral. That's priceless!
No, it was the FBI (a branch of the Dept of Justice) that called him "the corrupt stock promoter" in the agency's affidavit to support the arrest of the FNRG exec who was colluding with him (and who is now under indictment) as we await his plea deal and the superceding indictment that will add "the corrupt stock promoter" and his criminal charges to the indictment (as the FNRG exec turns over as part of a plea deal).
And yes, this is "the corrupt stock promoter" who pumped NTEK for 2013 and 2014 and, up until the FNRG arrest and indictment, pumped NTEK right up until the day that the indictment was unsealed when the arrest was made.
That is also the same "corrupt stock promoter" who was ripping off veterans claiming NTEK was a special deal and that vets should invest their munny into this SCAM.
We are still waiting for the corrupt stock promoter's review of the NP-1, his appearance on CNBC or MSNBC or whichever channel hosts American Greed and Locked Up, and a fresh new mugshot.
On this Veterans' Day, we should take note of the fact that NTEK and the FoleyCrimeFamily™ that owns and controls it via the Series A Preferred SUPERVOTING shares and the numerous floorless and 0.0001 convertible debt notes (backdated) have RIPPED OFF and DEFRAUDED many veterans ~OUTT of millions - tens of millions - of dollars of their money - in some cases, retirement money or money they need to pay for their healthcare and other expenses.
Let us never forget about this SCAM and how it and its various PAID PROMOTERS have scammed millions from our veterans. And continues to do so today. And on top of this they have the temerity to REVERSE SPLIT the shareholders (including veterans) to dust, so they can continue to print and dump FoleyShares via, among other vehicles, the Foley's Royal Capital Group backdated floorless and 0.0001 convertible notes scam!