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I've been saying it for several months. Price swings on low volume in illiquid stocks are to be expected. That doesn't help the poor folks who sunk 6-figures into this scam.
And nobody puts millions of dollars at risk in order to profit maybe $8. It's all so ludicrous.
It was a $50 trade on an illiquid stock. So what?
The evidence that this is a scam is overwhelming. It was overwhelming two years ago when Foley went to prison the first time.
Sure, the boogeyman is responsible. Not the con-artist fresh out of prison for another fraud. He's a saint.
It's not economically feasible to short OTC stocks. The short myth is a crutch used to keep people holding forever.
I read an analysis somewhere this morning saying that something like 40% of bitcoin transactions now are denominated in yen, indicating that the financially illiterate 25-45 yo Japanese males have switched from gambling on Forex to bitcoin.
(found it, not Zerohedge!: http://www.businessinsider.com/bitcoin-trading-driven-by-japanese-men-yen-2017-12)
Happens all the time.
It's bounced around from .015 to .03 on little volume. That's what it looks like when scams die. There are still plenty of people WAY over-invested in this scam with incentive to prop it up. Foley himself may even be doing it with the proceeds of the Royal Capital fraudulent conveyance in order to keep the heat off him from all the people he's ripped off. Who knows?
If you think greatness is just around the corner then by all means mortgage the house and buy.
Nobody has any clue what the company is doing because nobody even knows who the current CEO or officers are. The company is in Default in NV and won't pay their bill at OTCMarkets. They are effectively out of business.
The only question left is whether he gets away with it and walks away with the millions of dollars he pocketed selling stock thru the Royal Capital front company.
Sad to say but I bet he will.
The last "CEO" turned out to have never been the CEO. We know that from the deposition he filed in a separate lawsuit against NTEK that he was thoroughly lied to by David Foley. There's now an arrest warrant out for Jeff Foley's because he won't answer questions relating to that same lawsuit.
Nobody knows who the current officers of the company are. They are effectively out of business and David Foley is desperate to run out the clock on the statutes of limitations so he doesn't GO BACK to prison for fraud, again.
This was a scam from Day 1.
Oh, and Foley on another message board decided to tell everyone that the NTEK shell you bought stock in doesn't own Ultraflix, he owns it privately. Merry Christmas.
Nobody is left. What does that tell you?
Bordynuik also was barred for five years (from March 18, 2013) from acting as an officer or director of a public company. https://www.sec.gov/litigation/litreleases/2013/lr22735.htm
It's odd that the SEC release even breaks out the start date.
No worries, Bordynuik will take it back over in a few months.
They've both been bagholders of this scam for years and their connections haven't helped in all of that time.
PPS is irrelevant on illiquid stocks. Any bagholder trying to sell a meaningful amount would drop the price to .005 or lower immediately. The fake buyout backfired in a big way and now there's nothing else.
He probably thinks those ARE great numbers compared to all the other flops HHSE has been a part of.
Call the company and ask!
They can be edited by anyone with the company's login, that's an absolute fact.
See the little "Edit" button by the Box Office section on IMDB's page for Daisy Winters?
per IMDB.COM
Those numbers are uploaded by Parkinson and are still pathetic. Do you have an independent source?
It's a shame nobody is asking Foley where the $10+ MILLION dollars that Royal Capital made selling the free stock Foley printed for himself went. Instead he's just dangling another carrot complaining that NTEK just doesn't have the resources to be successful.
Anyone holding this stock today is underwater.
Probably didn't get paid. Common theme with Parkinson.
Just call the company and ask!
Ad-blockers are the best way to stop the unwanted mining. uBlock Origin still has the best IMO but I also run Adblock Plus alongside it.
False choice. It could easily be: 3) Parkinson and Shefte funnel every penny seen by HHSE into their own pockets which is why everyone who does business with them ends up suing to get what they're owed.
And again, that has nothing to do with what he pays himself to be "Producer" of those garbage films. Even the ones that never get made still pay the "Producer".
That's part of the scam.
So Parkinson hasn't paid himself a dime in the past however many years? He lives for free?
HHSE's Registered Agent quit today. I wonder what that's about.
We have no idea what Parkinson is paying himself. He refuses to file anything, not to mention all the titles he gives himself with these D-List movies that wouldn't be reported as executive compensation anyway. That's the scam.
First time in months I watched a full day of CNBC. Got the itch. LOL
That is CNBC's purpose. No different than a gambling tout's purpose is to encourage someone to bet on the game. Creating action, on either side, and the bookie profits.
It's mid-December. Lots of desperate people will be making things up about tons of dead stocks for the next few weeks.
Not since 2 billion shares were dumped with 2+ billion more still to be printed and sold. All that's happening here are a few bagholders trying to trick some sucker into buying theirs before the end of the year.
Is that a joke? The float is well over 2 BILLION shares!
Bulgaria’s GDP is about $52.4 billion (2016), so it is quite a shock that the Bulgarian Government is sitting on an approximate $3 billion worth of Bitcoins seized in an anti-corruption operation back in May
http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin
40% of all bitcoin is held by about 1,000 people.
https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market
Right, losing that lifetime wealth before any war starts is better somehow.
Institutional investors??? ROFLMAOLOLOLOLOL!!!!!!!!!!!!!
S. Korea banned futures trading in Bitcoin last night. It seems the whole country is consumed with BTC buying due to war uncertainty. It's sad, this is going to be more devastating to their economy than an invasion.
I'm being hammered by scam browser hijackers on my mobile phone from something here right now. Every two clicks on boards redirects.
http://us.1rqc.date is the originating domain. One of your ads is doing it.
Seven tabs open, they only take over and redirect the ihub tab.
Most of the increase the past two weeks is almost all from South Korea. This is going to end very badly.