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WoW dis you all see all the T trades. Unreal
Why No 10K
1. The financials he released in a 8k might be fraudulent since no auditor has yet to verify.
2. Materials facts might end a lot of people in jail.
3. The severity of the Gothshalk connection is unknown.
4. He is hoping someone will buy his manipulative fake news.
Just my opinion.. Nothing has been verified.. So no one knows the truth.
SEC will make a decision very shortly!
FACT SEC COULD SUSPEND ANY MOMENT
This week NEWC should go into a tail spin. It appears there is no volume and is like a plant wilting and soon will be dead.
NO VOLUME.. RED DAY.. MAJOR SELL OFF COMING BEFORE SUSPENSION
NOT A GOOD DAY TO HAVE MONEY IN NEWC.. JUST MY OPINION
SCAM OR INCOMPETENCE?
Decide for yourself
In my opinion there can be one of the above to be true...
Is this a Scam?
Well Campo has been working with the Gotshalk family for years. As you know this father and son duo was caught in a FBI sting for stock manipulation. Now because the 10K has not been filed we don't know the exact roles that the Gotshalk family is playing.
Is Campo incompetent?
Campo has not been able to produce a 10K. The only thing he has been able to do is blame others such as his accountants for misplacing material facts or evidence. Auditors not being paid as agreed. Or the best is the managing partner of the auditing firm for not signing off on the audit his company prepared.
Something does not add up. Decide for yourself.
Warning this Scam is going down....
Not looking too good here
MAJOR SELL OFF EXPECTED!
With Campo admittance of SEC suspension any day definitely are on the minds of all investors.
So how will the auditors handle the involvement of Gotshalk past and present
Campo also stated NEWC could be suspended at anytime!
I Agree. I doubt Campo has made such claims. Furthermore, he makes up stories when he is caught.
Examples:
1. The Gotshalk connection. He has not come clean with stockholders on it. Only a 10k will show involvement Gotshalk had or still has with this company.
2. Lawsuit - he never said anything till it was brought to him.
3. SEC letter - no mention of the letter till now when people began to question him.
4. Contracts in default. Wait to see what the 10k shows.
These are all good reasons why I don't expect to see a 10k as promised tomorrow . It will raise more problems. Lights out!
More T Trades more dilution before the showdown
THE END IS NEAR- NEW LOWS TODAY
DONT BE FOOLED - NO SHORTS ON NEWC
Confirmed by regulators - No shorts on NEWC
http://otce.finra.org/ESI
THIS WILL BE A MASSIVE "T" TRADE DAY FOR NEWC
In light of SEC getting ready to shut things down. I would not be surprised if NEWC gets suspended today before CAMPO gets an opportunity to dilute this to the max.
It's very simple to explain when....
Campo blames accountants for misplacing documents
When material facts can't be explained
When you have contracts in default
When you don't pay auditors as agreed
When you don't agree with the auditors findings
These are all red flags that SEC warns investors about. This risk is too high at this point.
I wonder if the 21st will be the last trading day for NEWC.
NEWC SHOULD HIT THE .002's today if not .001's
LOOKS LIKE BIG SELL OFF AND MAJOR DILUTION COMING!
WARNING SEC SUSPENSION COULD HAPPEN ANY DAY
Here is what I would expect. There really is no reason that I could see as to why SEC will not do soon. This will stop the dilution as well as give Campo enough time to redeem himself. However, if this proves to be a scam this ticker will be gone forever.
Just my opinion. Check out the history of this company, the lawsuit, the former CEO, former Auditors, the failed contracts, the broken promises and decide for yourself.
GL
THAT'S SCAREY
Who was the auditor at that time?
I cant wait to see the T-Trades today.. It should be huge.
Does anyone know if this was the auditor that lost its credentials for stock fraud or manipulation?
NO SHORTS - VERIFIED WITH REGULATORS
http://otce.finra.org/ESI
Just shows that NEWC is being sued for a default on a loan contract.
Apparently, the plaintiff has evidence that counsel for NEWC said company was out of business. Plaintiff also claims that NEWC was deceptive by changing names, address etc. Looks like this case is going to trial. Unfortunately, it won't go to trial to next year. by then NEWC should be dissolved in my opinion. Those interested in investing in NEWC should look to make sure there are no more defaults on contracts. These defaults and court cases I am of the understanding are material facts and should be disclosed through proper SEC filings.
http://law.justia.com/cases/federal/district-courts/new-york/nysdce/1:2015cv08710/449645/40/
Just my opinion here.
COURT CASE UPDATE - NO 8K
Still Campo refuses to disclose any information on the case
Maloul et al V. New Colombia Resources, Inc.
AUGUST 11, 2017
ORDER: For the reasons discussed on the record at that conference, it is hereby ORDERED that a bench trial in this action shall commence at 9:00 a.m. on Monday, January 8, 2018, in Courtroom 618 of the Thurgood Marshall United States Courthouse. The parties are ORDERED to file the Joint Pretrial Order, motions in limine, pretrial memoranda of law, and proposed findings of fact and conclusions of law by December 11, 2017. Any opposition papers shall be filed by December 18, 2017. The parties are instructed to comply with Rule 7 of the Courts Individual Rules of Practice in Civil Cases when submitting their pretrial materials; in particular, the Court reminds the parties that pursuant to Rule 7(C), the parties must provide the Court with direct testimony, deposition excerpts, and documentary exhibits by e-mail when the Joint Pretrial Order is filed on December 11, 2017. Finally, the parties are ORDERED to appear for a final pretrial conference on December 27, 2017, at 3:00 p.m. in Courtroom 618 of the Thurgood Marshall Courthouse. The Court decided in its July 12, 2017 Opinion & Order resolving the parties cross-motions for summary judgement (the "July 12 Opinion" (Dkt. #40)), that Plaintiffs' breach-of-contract claims were time-barred. Thus, in accordance with the July 12 Opinion, the Court understands that the focus of the bench trial in this case will be whether the doctrines of equitable estoppel and equitable tolling save Plaintiffs untimely claims, or whether Defendant prevails pursuant to its statute-of-limitations and laches defenses. Also at issue will be Defendants contention that the debts alleged by Plaintiffs to be owed were actually assigned and/or repaid. Discovery in this case is closed and the Court does not anticipate reopening it, absent a showing of extraordinary circumstances. On June 19, 2017, the Court gave the parties the opportunity to identify any additional discovery that either party believed the Court needed in order to resolve the issues in this case. (Dkt. #39). Neither party requested to supplement the record. Thus, the Court sees no reason why now either party would or should be permitted to deviate from that stance. ( Motions due by 12/11/2017., Joint Pretrial Order due by 12/11/2017., Responses due by 12/18/2017), ( Final Pretrial Conference set for 12/27/2017 at 03:00 PM in Courtroom 618, 40 Centre Street, New York, NY 10007 before Judge Katherine Polk Failla.) (Signed by Judge Katherine Polk Failla on 8/11/2017) (js)
REASON TO REPORT SEC WARNING!
I believe it was for 2 reasons.
1. Attempt to gain more time so he can dilute stock as much as possible.
2. Attempt To avoid criminal and civil charges for fraud and/or stock manipulation.
In other words we all need to know the risk of what we buy.
This is just my opinion.
NEWC TICKING BOMB!!!!
Considering the players that are involved this is not going to end very good for NEWC investors. With a SEC letter over 9 months old stating they may revoke or suspend trading.
Just my opinion.
SINCE CAMPO ADMITS THAT NEWC CAN BE REVOKED OR SUSPENDED AT ANY TIME.
This in my opinion is bad news. It is either a signal to get out while you can or another form of manipulation by Campos to bring the PPS down even lower.
I believe it is definitely a signal he is giving shareholders to get out. It only makes sense to me since the response letter was over 9 months. There was no reason given for the delay and the request of 5 weeks more is not acceptable. However, I believe Campos will use as his defense that people knew the risk of investing in a company that was so seriously delinquent.
I do also believe this defense although convincing will not hold up given who is involved in this stock.
This is just my opinion.
This is BAD NEWS
Very Late in responding
Campo asks for too much time
He will try to avoid criminal charges because he disclosed publicly that this could be revoked or suspended anytime.
It TOOK OVER NINE MONTHS FOR COUNSEL TO RESPOND WOW!
More proof of RED FLAGS!
They ask for more than 30 days.
Campo is the CFO? What happen to Albeck Financial Services who was acting as the CFO?
It appears that Campo is throwing up the white flag an surrendering. At least he admits now that stock can be suspended at anytime. So that all the stock holders have time go get out.
Good Luck.. Watch the spiral down!
Just my opinion!
UNDENIABLE RED FLAGS THAT POINT TO THE SCAM THEORY
1. The Gothshalk connection.
The connection and involvement of the Gotshalks we know was part of the reason MB was having a hard with this material fact. We know that eventually MB resigned as auditors.
2. The refusal to file the 10K has been a thorn in Campos side.
3. The refusal to disclose Gothalks arrest in a FBI sting for stock manipulation is another red flag.
4. The continuing changing of Auditors is another red flag.
How many Red flags do you need?
Just my opinion.
NEWC broke .004 now it is the .003's
This is bad news for NEWC.
I think we will see the .002 by end of the week if SEC doesn't suspend.
If ASI is a fault...
Then that would make Campo either a incompetent CEO for not checking out ASI or That Campo is great scam artist salesman.
I believe both are true. Just my opinion.
RED ALERT - NO SHORTS VERIFIED THROUGH REGULATORS
Equity Short Interest - NONE
http://otce.finra.org/ESI
Don't be fooled by pump and dump sites
Good Luck All! Just my opinion
Please tell me what public company is doing business with NEWC?
If you read ASI letter and correspondence. It's tone of language gives strong doubt that NEWC would be able to perform. ASI president in my opinion knew that NEWC is a junk company. Read his letter and his publish emails.
Just my opinion.
I AGREE
This is likely the final pump before the dump. I don't agree that SEC is off their back. I have good reason to believe they are in the process of suspending and revoking NEWC.
Shorts do not exist on NEWC - Dont be fooled!