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Elliot Wave Theory does not work on Scams.
If it breaks .007 it should flush to .005
RED RED RED Just as expected. NEWC continues in its downward trend as the CEO makes more promises. I hope the accountants Sadler, Gibb & Associates, LLC dont fall for the scam of the NEWC team. NEWC is my opinion is trying their best to promote this stock while it is seriously delinquent is manipulation. We should hit under .008 today.
NO 10K AND RED AGAIN DESPITE NEWC's attempt to manipulate investors with PR. The CEO has come up with several excuses as to why no 10K. Everything from the Auditors not being paid as agreed, misplacing key documents, now we are told that he is changing auditors because he does not agree with the auditors findings. It will interesting how these new auditors Sadler, Gibb & Associates, LLC will handle this mess. It is hard to imagine why any auditor would want to expose themselves to working with a company that its former CEO was caught in a major FBI sting for stock manipulation.
Something is not right here in my opinion. Maybe because this is a scam and is likely going to be delisted any day.
WARNING! NEWC FITS A SEC RED FLAG WARNING!
Check out on the past auditors of the company. They lost their credentials.
Then ask yourself why did Malone resign?
Why did the former 10k not disclose the arrest of the former CEO of company in the FBI sting.
"Unusual Auditing Issues Be wary when a company's auditors have refused to certify the company's financial statements or if they've stated that the company may not have enough money to continue operating. Also question any change of accountants." SEC
https://www.sec.gov/reportspubs/investor-publications/investorpubsmicrocapstockhtm.html
I agree with you. The PR and release of audited financials show just how irresponsible the CEO is as well as is a signal of manipulation. The unaudited financials hide the Gotshalk family involvement. With the Gotshalk father hidden in this mess. I believe Leonard, Kyle and his sister are all involved in this scam. It will be interesting how all this unfolds.
I also believe after one reviews the transcripts of the FBI sting where they caught Leonard and the former CEO Kyle in a stock manipulation scheme. That the future manipulation scams they alluded to could likely be NEWC. I believe also Malone had a fiduciary responsibility to make sure it was communicated in the 10k that an officer of the company was arrested. And because of such a crime I can not believe that anyone would hire someone with this as current unresolved issue as a consultant. This makes no sense to me.
This is just my opinion. Do your own DD and good luck.
NEWC WARNING! RED DAY ON THE WAY!
This stock is seriously delinquent for the last couple of years. The former CEO was caught in a FBI sting for stock manipulation. Current CEO, has made several promises and PR while serious delinquent which is considered by most as manipulation.
This is just my opinion. Due your own DD.
RED SELL OFF COMING! - FREE FALL ON THE WAY! LOOK OUT - CEO has in the past given false and misleading PR in reverence to serious delinquent 10K. He has said over the past year this will be filed anyday, it was completed and he refused to file the 10K from an independent auditor is not good news. Now he is trying to use another auditor which is a big red flag.
Just my opinion.
THREE STRIKES YOUR OUT! PROOF OF A SCAM
STRIKE 1
If you say choosing Malone was bad business decision. Then you would have to say the two other auditors NEWC using prior to Malone was a poor business decision. The prior Auditors lost their credentials.
STRIKE 2
Making the former CEO an consultant and giving his family stock in the company after he was busted by the FBI for stock manipulation.
STRIKE 3
Giving out any PR before current in SEC filings is commonly called stock manipulation. Whats amazing is the misleading statements concerning the delinquent fillings and when they will be current.
I guess that is why Campo ran off and is hiding in Columbia.
Just my opinion. Go your own DD.
Thanks for your input. I have been studied this company for some time. I was bluffed into thinking it was good at one time. After I dug in further and received unacceptable emails from the CEO himself then I knew this was a scam. I'm not surprised that the auditors in the past have lost their credentials for stock manipulation with the exception of Malone. I believe Malone sniffed out the rat. It is interesting to note Malone had finished the 10k but Campo refused to release it. My belief they found out who all the felons were involved. They would not hide it from the public as Campo did in his 8k. Campo was caught by his own investors in lies and his manipulation tricks.
Here comes the sell off. Timber
THE GREAT FALL IS COMING
With no 10K and failed attempts of the CEO to provide PR that is seen by investors as outright manipulation will result in a rapid decline in PPS.
MASSIVE T-TRADES = CAMPO STRIKES AGAIN
This trade should indicate that CAMPO and his cronies are bailing. This accompanied by the FBI Sting operation that caught the former CEO, Campo fleeing the country, delinquent SEC Filings, auditors resigning, former Auditors losing their credentials, major stockholders that are tied to felons, the list goes on and on. The path to the bottom has been cleared by Campo himself.
There is no PR that CAMPO can give that will stop this blood bath. No doubt the former CEO that was caught in a FBI sting for stock manipulation continues to be NEWC's worst nightmare.
NEXT LEVEL LOOKS LIKE .0056
With out support of a 10K this will flush
THE NEWC SHIP IS SINKING
This looks like the time to abandon ship. Major sellers. It appears that the attempts of Campo to manipulate with PR before coming clean with a 10K is not working.
THE SCAM CONTINUES - ANOTHER RED DAY
Campo agains refuses to file the 10K. He continues to try and manipulate this stock with empty promises. It is a standard ploy in manipulation to put out PR before coming current on its serious delinquent filings.
Still no 10k as the scam continues
The excuses continue on the reasons why no 10k.
Everything from losing documents to the auditors not being paid. Now they don't like what the original auditors discovered. Imagine that. Time will show very soon that this scam is huge. Looking for the gap down to .007 again.
SCAM ALERT -CAMPO STRIKES AGAIN
Campo still unable to provide 10K and this appears to be an act of desperation. Watch for the heavy dilution today as Campo continues to attempt to manipulate the stock with out providing stockholders with a 10K.
Just my opinion
THE SCANDAL REVEALED
Here is how one part of the scam works. The CEO is going to make a mint of money based on the sales of coal not the profit. He is paid a price per pound of what he sells. This is outlined in his employment contract. Next he sells coal saying they are learning how to do the logistics. The coal is sold for a net loss to attract buyers. All the time he is diluting the stock and putting in 100'sof thousands of dollars into his pocket. Meanwhile shareholders are suckered into buying more shares as Campo and his band of thieves swindle share holders out of millions.
THE SCAM CONTINUES
NO 10K WITH PR = MANIPULATION
Beware Campo has been working with Felons for a long time and all recent filings show that he is till working with these manipulators. We have no proof by auditors to validate if their is any legitimate business taking place. We do know that manipulation continues. Watch this turn now from green to red. Just my opinion.
Looks Like next level of support is .004
CBIS and NEWC both have the GOTSHALK family involved. That is just another confirmation that this is scam.
At the point the 10k is meaningless.
True investors know what to look for in the 10k now. Since he can no longer the hide the involvement of those who are involved in this scam, this stock will continue to go down. Since this company started off as a scam by a scammer, with John Campo involved with it. How can he take something that was illegitimate and make it legitimate. Compounded with the broken he promises he has already made sets this stock up for a red ride to the bottom. .005 will happen in my opinion long before we see any 10k.
ON THE RED ROAD TO .005
MANIPULATION CONTINUES
CAMPOS, CEO continues to put out PR and not perform in getting a 10K to show that he is fiduciary responsible. We know that they are now seriously delinquent and may be delisted or revoked anytime soon.
STILL NO 10k
Poor Accounting Procedures
It is only a matter of time before SEC closes down this ticker. Change in Auditors because the CEO didn't agree with the auditors findings should alarm would be investors. Shareholders heard that the 10K would be filed any day for over a year. This stock is still on a downward trend to .005
Just my opinion and happy trading!
BIG SELL OFF BEGINNING!
NEWC is very toxic. No 10K and the change in auditors is bad news for this company.
NEWC does this every morning... then with dilution panic selling has been appearing everyday.
NEWC ... get ready for the big sell off Major Dilution coming!
Why I believe NEWC is a bad investment. First You will discover just how toxic this stock is as it is surrounded by felons. Likely that is the number one reason Malone resigned. Also notice the last 8k and if you research who are the principles of the corporations mentioned in this 8k you will also discover many people who are felons as well. The former CEO of the company and his father was caught in a FBI sting for stock manipulation and fraud. You will discover that Campo's employment contract is very lucrative for himself and is not tied into profit. He has given several excuses to stock holders on why they are so delinquent in their required sec filings. Everything from not paying auditors as agreed to losing or misplacing documents, to the 10k being completed and just in review by an attorney. Stockholders might never learn the truth here. Finally look at the ambiguous statements the CEO makes such as third party, relative or family member,consultant. In his filings. Nothing seems to ever be concrete. That is why I believe this company will soon become like so many other scams. It will become revoked in the very near future. I believe people should know all that facts not just the hype of broken promises of this CEO. Good luck and do your own DD. This is just my opinion.
with all the felons involved with this company, I'm amazed how it has not been shut down yet. We know that the Gotshalk family is still involved. In my opinion there is no way, a legitimate 10k will be filed before the companies stock gets revoked by the SEC. Furthermore, the dilution of this stock will continue. The CEO continues to put out PR that has not been confirmed, the accounting practices are in question, if he can't deliver a legitimate 10k then how can he even deliver a ounce of coal?
Just my opinion
Change of Accounts is a bad thing for NEWC
The last two accounts before Malone lost their credentials for stock manipulation. Malone likely had a hard time with ambivalence of Campo. Things like third party, family member and the like. Or Campo could say we will get you this information in a moment, any day, soon. Just like he led stockholders on the filing of the 10K.
Campo said Malone Bailey completed the 10k and it was being reviewed by his attorney. Now he says it went to an audit review because of issues of one felon involved with the company. His name is Gotshalk. I believed they discovered like many of us that The whole family is involved - Kyle's Father who is another felon, as well as his sister. All were and still involved with Campo. Company auditors in the past were caught in stock fraud. Malone Bailey choose not to compromise.
In the past, Campo had said there was payment issues, then questions, now he doesn't like what they found. So another Auditor needs to start over.
Then he gives another manipulation statement through a shareholders letter and still refuses to release a 10k.
Proof release by Campo this is a scam - the Joe Poe Connection
"During 2016, the Company issued 21,972,355 common shares in a conversion of $27,820 debt balance owed to Bold Leego Enterprises"
Campo in April 2017 8k
Wow that is over 2x the money he received in 2015.
An excerpt from a past post on NEWC that can't be ignored.
An interesting name involved in NEWC is Joe Poe who controls Bold Leego Enterprises, Inc. On March 25, 2015, NEWC issued 3,125,000 shares of common stock to Bold Leego Enterprises, Inc. for the conversion of $12,500 of debt originating from a Promissory Note dated September 18, 2014.
Joe Poe was sanctioned by the Oklahoma Securities Commission in 2006 for selling a bunch of unregistered shares in old scam ticker BCIT
https://promotionstocksecrets.com/wp-content/uploads/2017/02/JoePoe_OrderImposingSanctions_06-054.pdf
Check out who the joint venture is with this mining company.
It is MSG Mining Corp which just formed its corporation in Florida. In September of 2016. Wow they sure don't demonstrate they have any experience in business let alone mining. Great front for skimming money in this scam.
https://www.bizapedia.com/fl/msg-mining-corp.html
Just my opinion... do your own dd
ABANDON SHIP
Campo has sealed the fate of NEWC. With Gothsalk still involved this thing is going down down down.
CAMPO IS MAKING ALOT OF MONEY AT SHAREHOLDER'S EXPENSE
1. You need to check out his employment contract to see the bonus structure that he will be paid per pound of rocks and coal that is sold. It is not tied to profit it is tied to pounds. Great scam against shareholders.
2. Then the subsidiaries Campo I understand is also the major shareholder himself and could be on the payroll as well. Another scam against shareholder.
3. If the above is true, then dilution makes sense. He needs to pay himself and the felons who are involved as consultants in these companies.
It certainly would be nice if we had an audit that showed who the real players are. Not just terms as third party as well as who the true identities of these shell corporations. We know that some are felons which has all ready been proven. Now Campo himself has lied to the public and shareholders about the Audit.
SEC REVOCATION COMING SOON.
This is my opinion do your own DD and lets compare notes.
We all know this is a Scam and CAMPO has proven he is liar. Read his 8K. He wont even disclose who the consultants are and uses vague language throughout. He has not even disclosed who the new auditors are. Just more smoke and mirrors.
I am subscriber just like anyone else. I have done my research and it is clear that CAMPO is operating this scam with the Gotshalk Family. It has been proven. This is not to say Campo and his crew are still operating and giving out false and misleading PR.