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Tracking the lies of Yates...NSEH has an app for that.
Maybe NSEH has an app for it like they do for ebola? lol
To me it shows lack of common sense/leadership by the company. If they do not need the Nevada filing, then they should file to make their registration inactive, not have public records showing they owe over $12,000 to the state. It should only take them 5 mins to do the filing. But then again, they can't even take 5 minutes to update the shareholders on what is going on with the company. So i'm guessing they would rather keep a delinquent status that anyone checking on the company to do due diligence can see.
Negotiate debt settlement for what?? Remember this PR? http://finance.yahoo.com/news/nustate-announces-convertible-note-paid-151500186.html - the one that says "that the Convertible Note paid to the creditors by IBC Funds LLC Is Paid Off and Sold Off as of January 19. The note was used to assist the company in paying the outstanding debt, which will be eliminated from the company's balance sheet."
From the 10K:
Employment Agreements
Kevin Yates’ employment agreement
On May 6, 2010, we entered in an executive employment agreement with Kevin Yates, as our President. The agreement provides for the following, among other things:
? Base annual salary of $240,000;
? Base salary may increase from time to time with the approval of our Compensation Committee;
? Grant of options convertible in 60,000,000 shares of our common stock and exercisable at $0.0025 per share;
? Termination clause: upon death, retirement or permanent disability of Kevin Yates, or at any time by us, or upon thirty-day notice by Kevin Yates
? If the employment is terminated by Kevin Yates for good reason, as defined, or by us, other than for cause, as defined, death, retirement or permanent disability of Kevin Yates, Kevin yates is entitled to two years base salary (currently, the equivalent of $480,000) and unpaid bonuses or incentive compensation, if any.
On June 3, 2010, Kevin Yates and the Company suspended the employment agreement for lack of corporate activity. On October 30, 2010, the employment agreement was reinstated. On April 30, 2010, we entered in a consulting agreement with Mobile Software Team, LLC (‘Mobile Software”). Kevin Yates, our Chairman of the Board is also a managing member of Mobile Software. The agreement provides for the following, among other things:
? Base annual consulting fee of $120,000;
? Grant of warrants convertible in 5,000,000 shares of our common stock at an exercise price of $0.005 per share.
? Termination clause: the earliest of April 30, 2012, the date we become a reporting company, or upon 30 day written notice by each party. Mobile Software used proceeds from the consulting agreement to pay certain of our operating expenses.
On April 1, 2012, we entered in a consulting agreement with C3I Services, LLC (‘C3I Services”). Kevin Yates, our Chairman of the Board is also a managing member of C3i Services, LLC. The agreement provides for the following, among other things:
? Base annual consulting fee of $120,000;
? Termination clause: the earliest of July 1, 2013, the date we become a reporting company, or upon 30 day written notice by each party. C3I Services used proceeds from the consulting agreement to pay certain of our operating expenses.
So let's get this correct.. According to the Executive Employment Agreement mentioned above, he will be paid $480,000 + bonus and/or incentive compensation since he is no longer the CEO. Per the 8K, he is only remaining the Chairman of the Board. Where is this $ going to come from?
And....... in 2010 and 2012, he entered into consulting agreements with companies that he was a managing partner in... to pay them $120,000 each... sounds like fraud to me.....
Answer the simple question --- where is the huge news???
Oh wait - per Twitter -- it's coming soon!! I guess we're getting another 41 day count down????
Time's up.....where is the huge news???????????????????????????
It's the filing for 2013, with a few mentions of 2015. Where's the 2014 filing? and 2015?
And i'm sure something to say that they've signed a letter of intent in Suriname... and that they've entered into an agreement with RMG... it'll just be the typical reposting of previous PR's with different dates.
You're hoping for too much.... they already stopped the countdown... all they did was update the front page of the website with a picture of a car and info about GPSTrax....
All they did was update the website... it's up now... nothing new... nothing special to make everyone wait for...
I vote for: On way to Suriname to have letter of intent signed. Big things are happening for NSEH!! Stayed tuned for another update in 60 days......
He actually never did confirm they were typos.. so it looks like we won't get any filings until the one in 2103. See Tweets below... since you people believe everything he says on Twitter...
Rob Rob ?@robrob501 23h23 hours ago
@NSEHINC Typo, I'm sure you meant 2013 and 2014.
NSEH Inc. ?@NSEHINC 6h6 hours ago
@robrob501 no we had to ctach up filings so 2013 10k will post and then 2014 will catch us up and remove delinquent status in July.
You would think with all of the hours they spend thanking people for following on Twitter, they would take that time to complete the filings and get them in ASAP... and correct "typos" on Twitter.. it is a business Twitter page after all, just shows the incompetency they have in just the simplest tasks...
Maybe that was a typo too and he meant to say no RS unless the price is still at 0.0003 in the Year 2103.. he might as well just do it now and not wait 88 years.
Getting filings prepared for up to Year 2104, so let me guess, we will be waiting until the Year 2104 to see the filings...
NSEH Inc. ?@NSEHINC Jun 1
Hello Yates here. Been a long time as we been working on several fronts. FIlings for 2103 are signed off and 2104 are being prepared. cont..
If the "2103" filings are signed off on.. file them and get those out of the way. What is there to hide?
And what happened to the filings being prepared and ready to file on April 29th? Just keeps going around in circles with this.
NSEH Inc. ?@NSEHINC Apr 29
yates here. Filings ready however had to raise some capital to pay the audit team for them to release. Completed now we can file.
Yep.. verify... you should verify before you post. They are not in default on Nevada filings:
http://nvsos.gov/sosentitysearch/
Type in Nustate
I'm just trying to say be careful what you tell people about what kind of profits they can make... just like the person that is now on record guaranteeing that I can make 25%.
Are you guaranteeing that NSEH can make you 500%???
Why not mention that this reached maturity around the end of 9-2014, so any common stock would have had to be issued by that time if they were unable to pay back the $125,000 by the maturity date......
Added as sticky
You cannot charge for products under development in an IND without special approval from the FDA.
Looking at the dates of the increases, looks like this may be something he should have filed when the shares were actually increased. May be the start of the updated filings.
Pretty sure he means the A4M (American Academy of Anti-Aging Medicine) meeting in Las Vegas this week. http://www.a4m.com
False... you realize there are websites to check which stocks have been suspended/halted right? http://www.otcmarkets.com/market-activity/suspended-symbols and http://otce.finra.org/TradeHaltsCurrent
Read the whole sentence, just not what you want to hear.
It says: By 2010, the share of emerging markets had doubled to 40 percent and this number is likely to surpass developed markets by the end of this decade.
He is saying it doubled by 2010 and the number is likely to surpass that by the end of this decade... you know, the decade we're currently in.
The NSEH Twitter bird??
The updated share count shows on State of Nevada business search website
It's confirmation they completed the study and they reported the results that were not in the last news release about the study.
Helps show FDA it is safe to move on to larger study in the US.
Looks like there may be some kind of problem with quotes today. Etrade and Merrill showing almost 4.3 billion shares on the bid for NSEH... same for a few other stocks i'm watching.
Is it time for Turkey yet??? .... NSEH
Definitely!!!
Yep it was just signed: http://ih.advfn.com/p.php?pid=nmona&article=64543599
We need some kind of confirmation about whether or not Murphy is still in. Deal was for 1,000,000,000 shares @ .001. This would rocket a lot faster, I think, if those shares were out of the picture.
more news out!!
Closes at 1pm on Friday..not today
Something else must be coming.. audits and updated financial statements to be filed in January must look good.. and PR mentions large tax loss going forward so it makes them an attractive target for acquisitions, etc. Will be interesting to see the details of the agreement once the 8K is filed this week.
Let the chase begin... NSEH